Most investors probably think they only need to fill in paperwork on dividends if they are investing in stocks listed in other parts of the world - but that is not necessarily the case.Withholding tax is levied by the government of an overseas company on dividends received by people who are not residents of said country.The UK market is home to several big companies, including in the FTSE 100...

Shares in London inched down at Tuesday's closing, as investors were cautious over the upcoming UK inflation print on Wednesday morning.The FTSE 100 index closed down 19.17 points, or 0.3% at 7,569.31 on Tuesday. The FTSE 250 ended down 108.13 points, or 0.6%, at 18,746.16. The AIM All-Share closed down 4.35 points, or 0.6%, at 785.18.The Cboe UK 100 ended down 0.3% at 754.62, the Cboe UK 250...

Equity prices in London were lower during quiet trade on Tuesday, with investors moving cautiously ahead of a Bank of England interest rate decision and a UK inflation reading.Among local corporate updates, Lookers agreed to a takeover bid, while Frasers Group went shopping once again. Ocado fell as JPMorgan analysts warned it has a tricky next few months to navigate.The FTSE 100 index was...

Flooring specialist reports multiple capital kit purchase delaysAnalysts slash 2023 forecasts and cut share price targetShares at lowest since November 2020Higher interest rates, banks tightening lending rules and construction permit delays are some of the reasons why concrete flooring kit supplier Somero Enterprises (SOM:AIM) is a long way behind where it hoped to be.As multiple customers...

European equities opened in a tepid fashion on Tuesday, with market drivers scarce as focus turns to Thursday's Bank of England decision.The lack of a New York trading day overnight, due to Monday's Juneteenth market holiday, also meant the European open lacked spark. It was a mixed day in Asia, meanwhile, after the People's Bank of China cut interest rates.The FTSE 100 index opened up 14.29...

With the FTSE 100 hitting new all-time highs and global stock markets in the ascendency since the Autumn it has arguably become more difficult to find stocks which offer good value.This article delves into the unloved parts of the UK stock market to search for opportunities which investors may have missed. A problem with looking at cheaper stocks is they may be cheap for good reason and they...

- Fiscal 2022 sales and earnings miss forecasts- Europe and Australia report record trading- Muted 2023 growth as investments crimp profitConcrete levelling equipment specialist Somero Enterprises (SOM:AIM) fell short of its own full-year 2022 sales and profit guidance due to a shortage of cement and labour in the US.The earnings disappointment and lower profit guidance for 2023 pushed the...

Concrete levelling specialist Somero Enterprises (SOM:AIM) has seen its PE (price to earnings) ratio sink almost 40% to 7.9 times since the start of the year, despite 2022 earnings estimates rising by 10%.Even a record first half performance wasn't enough to reverse continued weakness in the shares which are around 30% lower than the peaks in January.This looks odd, given clear momentum in the...

- Record 1H revenues up 9% to $68.5 million- Cost inflation and headcount offset by price increases- Full year guidance reiteratedConcrete leveling equipment specialist Somero Enterprises (SOM:AIM) posted a record first half through June with revenues 9% higher year-on-year at $68.5 million.Higher operating expenses from cost inflation and additional recruitment was mostly offset by price...

Geopolitical ructions and rising interest rates have seemingly failed to stem the appetite for global takeover activity according to analysis from consultants Earnest & Young (EY).And the UK financial services industry recorded a seven-year high of 136 deals in in the first half of 2022, although their £8.6 billion combined value was 18% down on 2021 levels.While a recent survey of UK M&A...

The deadline for using up this tax year's £20,000 ISA allowance is fast approaching. You have until 5 April to use it or lose it, so now is the time to think about topping up your account.Clearly there are reasons to be nervous as an investor amid rising inflation and tensions in Ukraine, but you do have the option of putting cash into an investment ISA now and sitting on it until you're...

Leading UK shares have shrugged-off concerns currently upsetting Wall Street as expectations grow that the Federal Reserve will act more swiftly than previously predicted to try and tame rampant inflation. At the same time, tensions between Ukraine and Russia continue to grow, adding another volatile factor into the mix.At 9am, the benchmark FTSE 100 is close on 1.5% ahead at 7,479.13, not far...

SOMERO ENTERPRISES (SOM:AIM) 521.9pGain to date: 100.7%Original entry point: Buy at 260p, 24 September 2020The surge of online shopping continues to seed demand for Somero Enterprises' (SOM:AIM) concrete flooring flattening kit and its share price. The stock is up more than 65% this year but there could be nearly 50% of further upside over the next 12 months if analysts have crunched their...

UK stocks opened higher on Tuesday as concerns about the omicron variant abated, China eased monetary policy and several blue chip companies announced earnings upgrades, with the benchmark FTSE 100 index bid up 1.1% to 7,312.73 points early on.Indications that the new Covid strain may only trigger mild symptoms prompted relief among investors and helped travel stocks take off.Risk appetite was...

The FTSE 100 index encountered continued selling pressure during Wednesday's afternoon session closing 0.63% lower at 7104.50. The FTSE 250 index also ended the day down by 0.93% at 23,873.25.This was partly in response to comments from James Bullard, president of the Federal Reserve Bank of St Louis who suggested the Fed would start tapering before the end of this year. All the major US...

SOMERO ENTERPRISES (SOM:AIM) 459.49pGain to date: 76.7%Original entry point: Buy at 260p, 24 September 2020Online shopping has boomed during the Covid-19 pandemic and that success has manifested itself in some surprising ways, such as the soaring share price of concrete floor flattening equipment maker Somero Enterprises (SOM:AIM).Demand has improved across the construction industry, but the...

The pandemic had a significant impact on the UK income space, with many companies forced to slash and cancel dividends to ensure they survived the crisis. It was the traditional large dividend paying sectors and companies that suffered some of the biggest cuts, with many larger companies using the crisis as an opportunity to reset excessive payouts at more sustainable levels.This means income...

Shares in construction industry equipment manufacturer Somero Enterprises (SOM:AIM) jumped 14% to 482p after doubling revenue growth guidance for 2021.Prior to today's trading update analysts were expecting growth of 5% and 4% respectively for revenues and EBITDA (earnings before interest, taxes, depreciation, and amortisation) in the year to 31 December 2021.The company now sees revenue...

Construction kit maker Somero Enterprise (SOM:AIM) saw a bounce back boom in building projects late in 2020, and that means full year results will sail beyond previous expectations.Analysts at FinnCap hurried out a note to clients first thing on Thursday with a 25% hike in earnings per share (EPS) estimates that will grab the attention of many fund managers and retail investors. The analyst...

Somero Enterprises (SOM:AIM) 276.86pGain to date: 6.5%Original entry point: Buy at 260p, 24 September 2020Shares in construction equipment specialist Somero Enterprises (SOM:AIM) have burst to life after a very strong trading update.Business has been very good in recent months, prompting the small cap to say it would exceed its previous reinstated expectations for the current financial year,...