skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 

It’s fair to say that Christmas has proved to be a rather mixed bag for many retailers, but there’s some good news from Dixons Carphone this morning. The company has provided trading figures for the 10 weeks to January 6th, which show a strong performance in mobile phone sales, helped along by the iPhone X launch, whilst like for like revenues for the year are up 6%. However, margins are being squeezed as the company battles for market share and this is going to trim profit expectations a little. The risk is the outlook for consumers darkens significantly, but with operations diversified across Europe, this is far from being just a UK play.

The Blockchain phenomenon continues, with news this morning that micro-cap Stapleton Capital, worth just over £2 million, has decided to rebrand as Blockchain Worldwide plc. The company, formed to acquire other businesses in the telecoms sector, claims to have identified a number of blockchain investment opportunities, which validates the change of name. Others who have followed this rebranding path have seen a marked jump in their share price – is the market going to show it has now had its fill of this trick?

GKN, the manufacturer of parts for cars and aircraft, is currently the subject of a hostile acquisition bid from Melrose Industries. GKN doesn’t want this – at least not at the current price – but if Melrose can gain sufficient support amongst shareholders, company rules state there’s nothing the board of directors at GKN can do. So it’s no surprise to see a push of good news in an attempt to convince shareholders that the offer is too cheap and with that comes this morning’s announcement that the company’s order book for electric car technology has hit £2 billion. GKN is working with manufacturers like Porsche and Volvo to power their next generation of cars, but this sort of statement is a classic when it comes to trying to fend off am unwanted takeover.

Become a better investor with SharePad Designed to give you the confidence to pick your own investments, Sharepad gives you access to a wealth of information on UK, US & European stocks. Find out more

Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we are following most closely. They all represent significant growth stories in our view. Our in-depth reports go into more detail on why we like them.


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

FP Markets
Trade Nation
Back To Top