Despite the cost of living crisis, Sainsbury’s has managed to successfully solidify its presence in the UK grocery market by competing with the budget discounters while retaining its premium appeal. The Nectar card loyalty scheme keeps customers coming back while offering similar prices to Lidl and Aldi. By offering lower prices exclusively to Nectar card […] The post All eyes on Sainsbury’s strategy as full-year results are released appeared first on UK Investor Magazine ..read more

The FTSE 100 was playing catch up with major US indices on Thursday after another weak session over the pond was met by strength in London. The FTSE 100 was 0.2% higher at the time of writing after the S&P 500 closed in the red for a second day. London’s weighting towards banks and commodities […] The post FTSE 100 plays catch up with US stocks on commodity strength appeared first on UK Investor Magazine ..read more

Surgical Innovations (LON: SUN) reported record revenues in 2023 and it has set out the measures that should return it to profitability. The surgical instruments supplier increased revenues from £11.3m to £12m, but it fell back into loss. There has been an 11% reduction in employees and investment in robotic equipment to improve efficiency. The […] The post AIM movers: Surgical Innovations plans improved efficiency and ex-dividends appeared first on UK Investor Magazine ..read more

There is a big disconnect between the Centamin share price and the underlying price of gold, which widened on Thursday after the Egypt-focused miner released a soggy Q1 update. Total gold production for the period fell 1% to 104,821oz, while the grade of open pit mining output dropped 28%. “Gold miner Centamin has this morning […] The post Is Centamin a buy after a disappointing Q1 update? appeared first on UK Investor Magazine ..read more

Tekcapital portfolio company Innovative Eyewear has announced a material expansion of its global marketing campaign with the appointment of Micah Richards as a brand ambassador for the Lucyd smart eyewear range. Tekcapital investors will be encouraged by Innovative Eyewears clear intention to grow the Lucyd brand with high-profile personalities as the smart eyewear specialist builds […] The post Micah Richards appointed as brand ambassador for Tekcapital’s Innovative Eyewear appeared first on UK Investor Magazine ..read more

Mark Watson-Mitchell was right to highlight the dealing levels in structural steel supplier Severfield (LON: SFR) shares (Severfield – take note of yesterday’s substantial trading in this steelwork group’s shares  – UK Investor Magazine). The subsequent trading statement was better than expected. The share price jumped 19.3% to 64.4p on the back of this news. […] The post Severfield beats expectations and launches share buy back appeared first on UK Investor Magazine ..read more

The FTSE 100 was materially higher on Wednesday as Middle East tensions subsided and miners stormed higher and took the index with them. The mining sector’s strength helped the FTSE 100 0.56% higher at the time of writing. The move higher in miners today is a delayed response to the better-than-expected Chinese GDP released earlier […] The post FTSE 100 gains as Middle East tensions subside, miners lead the way appeared first on UK Investor Magazine ..read more

Sustainable household goods ingredients supplier Itaconix (LON: ITX) has reversed its recent decline following Monday’s 2023 results announcement. Management had already warned that 2024 revenues would be lower because it was focusing on improving margins. The 2023 figures were in line with expectations. The large cash pile enables Itaconix to be stricter about the margins […] The post AIM movers: Bradda Head Lithium drilling progresses and Surface Transforms worst case scenario appeared first on UK Investor Magazine ..read more

ASOS shares were trading higher on Wednesday after announcing interim results for the 26 weeks to 3rd March. The group had signalled a sharp drop in revenue in a trading statement released earlier this year so the 18% drop in sales was expected and already priced in. Investors were more concerned with the company’s progress […] The post ASOS shares jump as efficiency improves appeared first on UK Investor Magazine ..read more

Tekcapital’s Innovative Eyewear has announced a new partnership which will target the distribution of Lucyd smart eyewear in major retailing outlets across the United States. The partnership is designed to accelerate Innovative Eyewear expansion by bolstering its distribution capabilities across the United States using Windsor Eyes’ well-established network within the optical retail sector. Innovative Eyewear […] The post Tekcapital’s Innovative Eyewear inks US retail distribution agreement appeared first on UK Investor Magazine ..read more