Hollywood Bowl directors sell 300,000 sharesBarclays director sells shares after new highMidwich director buys 150,000 sharesMelanie Dickinson, chief people officer at tenpin bowling and mini-golf centre operator, Hollywood Bowl (BOWL) has sold 150,000 shares at 331p for a total value of £497,505 on 24 October.Dickinson now has 290,276 shares after the sale. Matthew Hart, chief marketing and...

Profits to be 'significantly' down year-on-yearFurther deterioration in GermanyMidwich winning market shareSpecialist AV (audio visual) equipment distributor Midwich (MIDW:AIM) has forged a strong growth track record since coming to the stock market in 2016.However, the company is in the doghouse with investors after warning (21 October) that adjusted operating profit for 2024 will be...

Midwich director Fenby adds to his portfolioBodycote non-executive director snaps up 10,000 sharesWise CFO sells over £211,000 sharesStephen Fenby group managing director at Midwich (MIDW:AIM), the global specialist audio visual distributor to the trade market, has bought 50,000 shares at 376p for a total value of £187,885 on 30 October 2023.Following this transaction, Fenby and 'persons...

Insurance non-exec buys sharesBig Technologies sets up employees trustMidwich director buys after strong resultsMohit Joshi, a non-executive director at UK insurer Aviva (AV.), bought 59,300 shares at 409p on 12 October for a total value of £242,537.The deal comes after several Aviva employees bought shares over the past few weeks, including chairman George Culmer and chief executive Amanda...

First half revenue up 7.5%, pre-tax profit up 14%Momentum expected to continue for the rest of the yearNew acquisitions to boost earningsGlobal specialist audiovisual distributer to the trade market Midwich (MIDW:AIM) has maintained growth momentum in the first half to 30 June, despite tough comparatives, with revenue up 7.5% and adjusted pre-tax profit climbing 14% to over £21.5 million.In...

Midwich (MIDW:AIM) 456pGain to date: 1.3%We highlighted specialist distributer of AV (audio visual) equipment to the trade market Midwich (MIDW:AIM) as an opportunity to buy above-average growth at a below-average price on 23 March.The shares are showing a small gain since we said to buy, but in general have drifted sideways while consensus earnings estimates have remained steady.WHAT'S...

Specialist distributor of AV (audio visual) equipment to the trade market Midwich (MIDW:AIM) has established a strong track record of growth since coming to the stock market in 2016.Although there are added risks to consider when investing in smaller companies, we believe Midwich is a great opportunity to buy above average growth at a below average price.Sales and adjusted operating profit...

-First half revenues up 46%, operating profit up 45%-Bolt-on acquisitions supplement organic growth-Trading in line with prior increased full-year guidanceSpecialist audiovisual distributer Midwich (MIDW:AIM) continued to exhibit strong growth with first-half revenues jumping 46% year-on-year to £568.6 million and adjusted operating profit climbing 45% to £20.2 million.Excluding acquisitions...

UK stocks edged lower on Wednesday after the latest UK inflation reading came in higher than expected, stoking concerns that interest rates might rise, with the FTSE 100 off 0.19% at 7,205.20 early on.The UK consumer price index rose by 5.1% in November, above expectations for a 4.8% increase and marking the highest annual increase in a decade, putting renewed pressure on the Bank of England...

UK stocks rose in early trading on Tuesday, paring some of Monday's steep losses, as investors attempted to balance reopening optimism with an accompanying surge in coronavirus infections.At 8.30, the benchmark FTSE 100 index was up 1.2% at 6,923.64 points, having closed 2.3% lower on Monday, or so-called Freedom Day.Leading the charge were miners, oil producers and banks, all sectors highly...

A lot of company bosses like to talk a good game about their company's growth prospects and future potential, but not as many necessarily tend to put their money where their mouth is.A number of company bosses over the past week appear to have done just that, including Philip Jansen, the chief executive of telecom giant BT (BT.A). The executive invested more than £2 million to buy 1.25...

The FTSE started the week on the back foot, giving up its morning gains as with few major company announcements or macro-economic events due traders scrabbled around for focus.Despite the lack of big market-moving news, there were healthy gains for several mid- and small-cap firms which raised earnings guidance.In the US, a cyber-attack on a company managing a vital east-coast oil pipeline...

The FTSE was slow out of the gate as the week began with few major company announcements or macro-economic events for traders to focus on.Despite the lack of market-moving news, there were healthy gains for several mid- and small-cap firms which raised earnings guidance.In the US, a cyber-attack on a company managing a vital east-coast oil pipeline boosted crude prices, with Brent futures...

UK stocks inched higher with the week getting off to a slow start and few major company announcements for traders to focus on. That said, there were healthy gains for several mid- and small-cap firms which raised earnings guidance.A cyber-attack on a US oil pipeline company boosted crude prices, with Brent futures moving back towards $69 per barrel, while gold prices looked comfortable around...

UK markets start Friday modestly on the back foot as the coronavirus death toll reached 638 and luxury fashion retailer Burberry (BRBY) warned the disease outbreak was hurting its bottom line.'The outbreak of the coronavirus in mainland China is having a material negative effect on luxury demand', said Burberry's chief executive Marco Gobbetti in a trading update on Friday.The luxury fashion...

The FTSE 100 is down 0.3% to 7,257.55 as sterling strengthens against the dollar, impacting the 70% of the index's constituents that earn their revenue overseas.Equipment rental company Ashtead (AHT) ticks up 4.3% to £23.77 after releasing its first quarter results. For the three months ending 31 July, underlying rental revenue is up 19% to 961m while pre-tax profits improve 23% to £285.6m....

Following a patchy start to the week, the fabulous FTSE 100 has subsequently managed to keep its chin up and trades 19.3 points higher on Friday at 7,703.2 with a helping hand from consumer goods colossus Unilever (ULVR), bid up 74p to £44.05.Lloyd's of London insurer Beazley (BEZ) cheapens 11.4% to 493.8p after reporting a slump in first half pre-tax profit to $57.5m (2017: $158.7m),...

Midwich (MIDW) 550pGain to date: 47%Original entry point: Buy at 374p, 24 August 2017Audio visual equipment supplier Midwich (MIDW:AIM) rewarded shareholders with a 36.2% hike in its dividend for its 2017 year, paying 13.8p per share. Its 2017 results were pleasing across the board, with pre-tax profit up 56.2% to £18.9m on revenue that increased 27.5% to £471.9m.Managing director Stephen...

The FTSE 100 is up by nine points to 7223.67 having opened in negative territory. The market is eagerly awaiting today's Spring Statement from chancellor Phillip Hammond at midday which should give an indication of the UK's borrowing plans and general fiscal policy.The weak opening may have been due to overnight falls in US mega caps and a poor performance in Asian markets but good responses...

Audio visual (AV) distributor Midwich (MIDW:AIM) expects the global AV market to reach $230bn by 2022, it said at a capital markets day in October.That equates to a compound annual growth rate (CAGR) of 5%.The European AV market is expected to hit $53.5bn by 2022, good news for a company with exposure to France, Germany, Ireland and Spain to name a few of its end markets.The company also says...