Nick Raynor is an investment adviser at retail stockbroker, The Share Centre, having been there since 2002. Nick has over 11 years’ experience in personal finance. Nick is regularly asked to offer his insight on a wide range of financial matters to the UK media for papers including The Times and The Daily Telegraph. He provides weekly share comment to several regional newspapers, as well as finance-based websites such as MoneyExtra.com. He gives his thoughts on what to expect from companies announcing results  w/c 5 July 2010. 

 

Tuesday

Tullow Oil Plc (LON:TLW) (trading statement)

Tullow Oil are facing several problems with their assets in Africa as the Ugandan government is in discussions with Heritage Oil regarding tax issues and the Congolese government are disputing the allocation of drilling rights. Hopefully this update will show some signs that these issues are nearing resolution or some positive drilling results. This may help push the oil company’s share price.  We currently list Tullow as a BUY 

Wednesday

Marks & Spencer Group (LON:MKS) (interim management statement)

Marks & Spencer has seen an initial boost from sales of World Cup merchandise but the earlier than expected demise of the England campaign will mean figures may not be as high as expected. We expect these results to show that Marks & Spencer assumed they would see a few extra patriotic sales. They may also contain some concerns over the increase in VAT, due at the beginning of 2011. We currently list Marks & Spencer as a HOLD

3i (LON:III) (interim management statement)

Net Asset Values at 3i have been increasing during 2010 and debt levels have been reducing. This positive performance has been reflected in the share price. We expect this update to show these figures have improved and that the company is on track to meet its expectations for 2010. We currently list 3i as a HOLD

Booker Group Plc (LON:BOK) (Q1 interim management statement)

Results released in May exceeded expectations and we are hoping for more of the same. Trading from its Indian venture will be closely looked at as we feel this will play an integral part in the company’s future. We currently list Booker as a BUY

Carillion (LON:CLLN) (Interim Management statement)

There appears to be no slow down in the number of…

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