Shares up 67% year-to-dateInterim dividend up 20%Knock-on effect from BudgetShares in Supreme (SUP:AIM) drifted in afternoon trade despite the fast-moving consumer products maker reporting an 8% rise in revenue to £113 million for six months ending 30 September.Supreme supplies products across six categories: batteries, lighting, vaping, sports nutrition & wellness, branded distribution and...

Bellway director sells 27,303 sharesSupreme director sells 1.6 million sharesXPS Pensions CFO sells £223,881 worth of sharesIn the run-up to the Budget on 30 October, many directors have been selling shares in anticipation of a hike in capital gains tax.A person closely associated (PCA) with Keith Adey executive director of Tyne and Wear-based housebuilder Bellway (BWY) has sold 27,303 shares...

The unveiling of a new British ISA helped give domestic stocks a modest lift after its announcement in the Budget.The £5,000 limit on the new tax wrapper, which can only be invested in UK assets, will be in addition to the existing £20,000 ISA allowance.The key test will be whether this provides a meaningful boost in terms of flows into UK equities and helps improve what has been a very...

Vaping supplier shares down over 6%UK ban on disposable vapes announcedVape sales have grown in recent yearsShares in vaping supplier Supreme (SUP) were down over 6% to 98.50p and Chill Brands (CHLL) fell more than 20% to 3p in morning trading as the UK government announced its intention to ban disposable vapes.Last year prime minister Rishi Sunak said at the Conservative Party conference that...

European equities ended lower on Friday, though the pound and euro climbed, as Federal Reserve interest rate expectations swung to-and-fro after contrasting US data in the afternoon.A stronger employment report meant some rethought their rate cut expectations for March. Interest rate nerves were soothed later, however, after an underwhelming reading of the US service economy.Among individual...

European equities traded lower on Friday, after data showed inflation pressure in the eurozone accelerated, and as dovish interest rate expectations for the US are tempered ahead of the afternoon?s employment data.Ahead of the US data, equities in New York are called to open lower. The Dow Jones Industrial Average and S&P 500 are both called down 0.3%. The Nasdaq Composite is called down...

First half PBT up 180%Full year guidance raised againOutstanding vaping performanceShares in Supreme (SUP:AIM) surged 16% higher to 127.5p after the fast-moving consumer products distributor delivered another significant profit upgrade for the year to March 2024 amid continued growth across all divisions in the third quarter-to-date.A leading e-cigarette and vaping market name known for its...

Stocks in London opened lower on Tuesday as Rolls-Royce outperformed, but there was a lack of strong positive catalysts to boost share prices overall.The Cboe UK 100 was down 0.6% at 740.58, the Cboe UK 250 was down 0.4% at 15,927.04, and the Cboe Small Companies was slightly lower at 13,425.19.In European equities on Tuesday, the CAC 40 in Paris was down 0.4%, while the DAX 40 in Frankfurt...

Shares have sold-off on single use vapes ban whispersSupreme confident vaping is 'most effective' cigarettes alternativeOn track to meet 2024 guidanceSpeculation that the UK government is drawing up plans for a ban on disposable vapes in a bid to tackle underage vaping has hit Supreme (SUP:AIM) hard. Shares in the company have lost 15% this past week.Supreme, which supplies disposable vapes to...

Sandeep Chadha, chief executive of Supreme (SUP:AIM), the AIM listed batteries, lighting and vaping company bought 500,000 shares at a price of 83.2p for a consideration of £416,800.Following this share purchase Chadha owns 57.1% of the group's current issued share capital.On 5 July Supreme warned that revenues and underlying earnings were likely to be below last year and below previous...

- Second warning in as many months as lighting sales slide- Slashes dividend to earnings payout ratio- Stock has lost 30%-plus since its IPO in February 2021A warning on fiscal 2023 revenues and profits cast a long shadow over vaping kit supplier Supreme (SUP:AIM), sending the share price tumbling.The company behind the 88Vape brand said revenues and underlying earnings were likely to be below...

- Consumer products group buys Liberty Flights- Deal expected to be immediately earnings enhancing- Boosts presence in the fast-growing pod system marketShares in Supreme (SUP:AIM) rallied 2.5% to 135.3p after the consumer products supplier announced the acquisition of UK vaping products maker Liberty Flights for an initial £7.75 million.Said to be 'immediately' earnings enhancing, the...

SUPREME (SUP:AIM) 156.9pLoss to date: 16.3%Original entry point: Buy at 187.5p, 27 May 2021Shares in consumer products supplier Supreme (SUP:AIM) fell after a trading update on 12 April spooked the market.While Supreme expects to deliver profitable growth for the year to March 2023, the company warned performance will be 'tempered' by commodity price inflation within its sports nutrition and...

SUPREME (SUP:AIM) 200pGain to date: 6.7%Original entry point: Buy at 187.5p, 27 May 2021Our 'buy' call on Supreme (SUP:AIM) is 6.7% in the money and we remain enthused by the fast-moving consumer products maker's growth and income potential.Strong first half results (7 Dec) demonstrated the resilience of the batteries, vaping and vitamins specialist, with sales up by 9% to £61.1 million and...

SUPREME (SUP:AIM) 195pGain to date: 4%Original entry point: Buy at 187.5p, 27 May 2021Our bullish call on Supreme (SUP:AIM) may be a modest 4% in the money but we remain enthused by the growth and income potential of the fast-moving consumer products maker.The shares were boosted by a positive trading update (18 Oct) from the batteries, vaping and vitamins specialist, which flagged a strong...

The FTSE 100 closed Monday's trading session 0.4% lower at 7,203.83 points as US stocks slipped, energy prices continued to surge following weak Chinese data overnight and UK investors fretted over a potential November interest rate rise.China's gross domestic product grew at a relatively measly 4.9% in the September quarter amid supply bottlenecks and property developer Evergrande's...

London's FTSE 100 traded 0.3% lower at 7,214.80 points by midday on Monday, extending its earlier losses, as investors reacted to weak Chinese growth announced overnight.China's gross domestic product grew at a relatively measly 4.9% in the September quarter amid supply bottlenecks and property developer Evergrande's woes.Moreover, property construction in China continued its decline and...

Shares in fast-moving consumer products maker Supreme (SUP:AIM) improved 7.7% to 195p as investors applauded a positive first half trading update from the batteries, vaping and vitamins supplier.Margins have proved 'particularly strong', enabling the Manchester-headquartered group to generate 'significant' year-on-year growth in profitability, while the in-house manufacture of key products has...

Investors seeking an entrepreneurial smaller company with big growth ambitions should buy shares in Supreme (SUP:AIM), the fast-moving consumer products supplier which joined AIM in February. The stock offers a 3.6% prospective dividend yield and is trading on an undemanding 14 times forecast earnings for the year to March 2022.Steered by founder and chief executive Sandy Chadha, Supreme has a...

Shares in Supreme (SUP:AIM) puffed 4.5% higher to 200.9p after the fast-moving consumer products supplier behind the 88Vape brand posted an impressive maiden trading update following an oversubscribed IPO in February.Thanks to a strong performance across key growth categories including vaping and sports nutrition and wellness, adjusted earnings before interest, taxation, depreciation and...