Image source: Ocado Group plc In just a few weeks, Ocado (LSE: OCDO) has seen its share price jump by almost half and is up 45% since last month. That may be scant comfort to long-term shareholders, as the share is still down 86% over a five-year timeframe. Still, could this be the start of a comeback for what has sometimes been seen as one of the more promising tech companies in the London market? Promising signs of business improvement Ocado has been a cash pit for years, hungrily burning through money. That is one reason for the dramatic long-term…
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Image source: Getty Images Shares in the FTSE 250’s ITV (LSE: ITV) are down 9% from their 24 July one-year traded high of 88p. This looks more dramatic than an 8p fall might otherwise appear, given the sub-£1 share price. I think the decline resulted from a little profit-taking after a run-up following better-than-expected H1 results. After this has washed through the market, I believe the share price could rise again – significantly. A positive core business outlook? The H1 2025 figures released on 24 July saw total advertising revenue slip 7% year on year. This beat analysts’ forecasts for…
Image source: Getty Images Over the past year, Barclays (LSE:BARC) has been one of the top performers in the FTSE 100 index. The Barclays share price is up 62%, significantly outperforming the index’s gains of 11.4%. The stock recently reached its highest level in over a decade. With some concerns that it could be a little overvalued, I turned to the latest analyst forecasts to see if I could discover anything to help. Positive overall sentiment There are 19 banks or brokers that currently have a share price target out for the coming year for Barclays. Some 70% of them…
Image source: Getty Images Next (LSE: NXT) shares are down 7% from their 3 June 12-month traded high of £130.85. This could provide a rare opportunity to pick up the stock on a dip following a 35% rise from January. It all depends on how much value remains in the stock, as this is not the same thing as price. Price is whatever the market will pay for a stock at any given time, while value reflects fundamental business worth. So, I looked deeper into the business and ran the key numbers to ascertain the state of play here. How…
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Image source: Getty Images ChatGPT has already transformed our lives. But is it useful for predicting which UK stocks look set to crash in value? As a fun experiment (and no more), I decided to investigate. What the bot had to say made me feel it’s not really that useful as it’s just rehashing what has already been said online. No sure thing I actually agreed with ChatGPT’s preamble. It stated that identifying such businesses was “impossible to predict with certainty, and any attempts to do so veers perilously close to financial speculation“. Ultimately, no one knows where the share…
Image source: Getty Images It has been a bruising 12 months for Unite Group (LSE: UTG). The FTSE 100 real estate investment trust (REIT) has dropped 25% in a year and, on 26 August, the stock hit a 52-week low of 722p. That may sound grim, but for income hunters like me, a share price tumble can spell opportunity. At today’s valuation, Unite trades on a price-to-earnings (P/E) ratio of just 10.4 and a price-to-book (P/B) ratio of 0.73. In other words, it looks cheap compared to its assets and earnings power. The question is: does this Footsie landlord deserve…
(Bloomberg) — Rwanda said it plans to work with a carbon-project development company to work toward selling the offsets to Singapore.The Rwanda Development Board said it will work with a venture backed by Chinese carbon finance company Climate Bridge Group to identify and develop eligible projects, the partners said in a statement on Wednesday.Rwanda has agreed to a plan to aim to sell carbon credits to Singapore under a so-called Article 6.2 agreement, which falls under the international Paris Agreement climate treaty and allows nations to trade emissions offsets. Singapore has signed similar agreements with Papua New Guinea, Ghana, Bhutan,…
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