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Andrada Mining acquisition elevates the miner to emerging mid-tier status
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  5. Tavistock Investments falls short on earnings

Pin to quick picksTavistock Share News (TAVI)

Tavistock Information

Share Price Information for Tavistock (TAVI)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 3.65
Bid: 3.50
Ask: 3.80
Change: 0.25 (7.35%)
Spread: 0.30 (8.571%)
Open: 3.40
High: 3.65
Low: 3.40
Prev. Close: 3.40
TAVI Live PriceLast checked at -

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Tavistock Investments falls short on earnings

Thu, 14th Feb 2019 10:31

(Sharecast News) - Fund manager Tavistock Investments warned investors on Thursday that results for its current trading year looked set to be "lower than previously anticipated".However, Tavistock said its results would still demonstrate "meaningful growth", leading the group to retain its stated ambition of paying a maiden dividend.The AIM-listed outfit pointed to headwinds, in the form of Brexit uncertainties, difficult global financial market conditions and investor anxiety, as reasons for its slowed pace funds under discretionary management growth and profitability.Tavistock did note that, unlike many of its competitors, FUM were increasing year-on-year and earnings were expected to "grow significantly" - just not to the level management had hoped."Great strides have been made in the development of the business during the year, with the launch of two new protected products and significant investment in the development of i-stock, the Company's D2C smartphone app," said Tavistock."Strategic partnerships have also been signed with Lighthouse Group and the Law Society. All of these initiatives are expected to bear fruit during the next financial year."As of 1030 GMT, Tavistock shares had slumped 10.45% to 3p.
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15 May 2014 12:48

UK MIDDAY BRIEFING: "Dixons Carphone" Shares Hit By Merger Deal

LONDON (Alliance News) - Shares in Carphone Warehouse Group and Dixons Retail took a hit Thursday after the companies announced a GBP3.6 billion merger that will create the UK's biggest retailer of mobile phones and electrical goods.

The new firm,

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15 May 2014 12:32

Tavistock Investments Reverses Into Financial Services

LONDON (Alliance News) - Tavistock Investments PLC Thursday said it has conditionally agreed to buy independent financial advisory County Life & Pensions Ltd and investment management business Blacksquare Ltd, in a reverse takeover that is set to propel the former software company into the financ

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15 May 2014 11:35

UK WINNERS & LOSERS: LSE And Aviva Top And Tail FTSE 100

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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London Stock Exchange Group, up 2.4%. The group said its full-year revenue r

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15 May 2014 07:47

UK MORNING BRIEFING: Dixons Carphone PLC Is Born

LONDON (Alliance News) - Shares have opened marginally higher in London Thursday amid a flurry of UK corporate news and European economic statistics.

Electronics retailer Dixons Retail and mobile phone retailer Carphone Warehouse confirmed they will

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12 May 2014 11:59

UK MIDDAY BRIEFING: BSkyB Confirms Talks To Buy Sky Italia, Deutschland

LONDON (Alliance News) - British Sky Broadcasting confirmed Monday that it is working on the potential acquisition of 21st Century Fox's interests in Sky Deutschland and Sky Italia.

Bloomberg, citing people familiar with the matter, reported that talks about the pot

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12 May 2014 11:26

Tavistock Investments Appoints New Chief Executive As Loss Narrows

LONDON (Alliance News) - Tavistock Investments PLC Monday said it has appointed a new chief executive and two non-executive directors as it looks to move on from the difficulties it has endured since raising new funds and disposing of its loss-making software business last year. Alongside a

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12 May 2014 11:13

UK WINNERS & LOSERS: Mining Stocks Rise; BSkyB Falls Sharply

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday. ------- FTSE 100 - WINNERS ------- Rio Tinto, up 3.6%, BHP Billiton, up 2.4%, Antofagasta, up 2.4%, Anglo American, up 1.6%, and Glencore Xstrata,

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4 Nov 2013 12:08

UK WINNERS & LOSERS: Weir Leads Blue-Chip Fallers, Airlines Dive On Ryanair Warning

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4 Nov 2013 09:32

Tavistock Investments Shares Fall After Placing

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1 Nov 2013 17:12

Tavistock Concluding Discount Price Placing, No Other Reason For 55% Share Jump

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