Share Awards, Regulatory Disclosures, Interim Management Statement, and New Discoveries - Analyst Notes on Hunting, Ocado,

 Share Awards, Regulatory Disclosures, Interim Management Statement, and New
 Discoveries - Analyst Notes on Hunting, Ocado, Wolseley, Ophir and Aberforth

Editor Note: For more information about this release, please scroll to bottom.

  PR Newswire

  LONDON, June 6, 2014

LONDON, June 6, 2014 /PRNewswire/ --

Today, Earnings Review released its analysts' notes regarding Hunting plc
(LON: HTG), Ocado Group PLC (LON: OCDO), Wolseley plc (LON: WOS), Ophir Energy
Plc (LON: OPHR) and Aberforth Smaller Companies Trust plc (LON: ASL). Private
wealth members receive these notes ahead of publication. To reserve
complementary membership, limited openings are available at:
http://earnings-review.com/3426-100free . -- Hunting plc Analyst Notes On May
2, 2014, Hunting plc (Hunting) announced share awards to the Executive
Directors of the Company following the approval of the 2014 Hunting
Performance Share Plan (HPSP) at the Company's Annual General Meeting held on
April 16, 2014. Hunting informed that on May 1, 2014, the Company granted
conditional award at nil cost to Dennis Proctor to acquire 255,050 shares in
the capital of the Company, while Peter Rose was granted conditional options
at zero cost, to acquire 72,238 shares in the capital of the Company. Further,
both these grants were in accordance to the rules set under HPSP. According to
the Company, the numbers of shares to be granted were calculated by using
average closing mid-market price of a Hunting PLC share over the five
consecutive dealing days prior to the date of grant at 866.3 pence per share.
The full analyst notes on Hunting are available to download free of charge at:
http://earnings-review.com/3426-HTG-06Jun2014.pdf -- Ocado Group PLC  Analyst
Notes On June 2, 2014, Ocado Group PLC (Ocado) in a press release announced
its voting rights and capital in accordance with the FCA's Disclosure Rules
and Transparency Rules. Ocado informed that as on May 31, 2014, the Company
had issued 620.3 million ordinary shares of 2 pence each. Further, each
ordinary share carries one voting right in relation to all circumstances at
general meetings of Ocado. The Company informed that out of the total shares
issued, 452,284 shares are held by Greenwood Nominees Limited, while 35.2
million shares are held by Greenwood Nominees Limited (Greenwood) on behalf of
Appleby Trust (Jersey) Limited, the independent company which is the trustee
of Ocado's employee benefit trust (the EBT Trustee). Further, both Greenwood
and Jersey have waived their right to exercise voting rights and to receive
dividends in respect of these ordinary shares. The full analyst notes on Ocado
are available to download free of charge at:
http://earnings-review.com/3426-OCDO-06Jun2014.pdf -- Wolseley plc Analyst
Notes On June 3, 2014, Wolseley plc (Wolseley) released the interim management
statement for Q3 FY 2014 and 9M FY 2014 (period ended April 30, 2014). The
Company reported Q3 FY 2014 revenue of £3.1 billion, down 3.5% YoY, while
like-for-like growth improved to 5.1% YoY. During the quarter, the Company's
revenue from the U.S. improved 0.5% YoY to £1.7 billion and revenues from
Nordic region improved 5.5% YoY to £444 million. Revenues from Canada fell
17.9% YoY to £156 million, while that from U.K. declined 2.8% YoY to £451
million. Q3 FY 2014 trading profit stood at £153 million, compared to a profit
of £150 million in Q3 FY 2013. For 9M FY 2014, the Company reported revenue of
£9.6 billion, up 1.4% YoY and a trading profit of £505 million, up 6.5% YoY.
Group's like-for-like revenue growth rate for the next 6 months is expected to
be about 4%. The full analyst notes on Wolseley are available to download free
of charge at: http://earnings-review.com/3426-WOS-06Jun2014.pdf -- Ophir
Energy Plc Analyst Notes On June 4, 2014, Ophir Energy Plc (Ophir) announced
the successful results of the Taachui-1 & subsequent Taachui-1 ST1 well in
Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 20%
interest of Blocks 1, 3 and 4, while BG Group operates with 60% interest. The
Taachui-1 well was drilled by the Deepsea Metro I drillship close to the
western boundary of Block 1. The well discovered gas in a single gross column
of 289 metre within the targeted Cretaceous reservoir interval. In addition,
Ophir informed that a drill stem test will now be performed on the Taachui
discovery with results expected before the end of June 2014. Nick Cooper, CEO,
Ophir, commented, "The Taachui-1 discovery continues the 100% drilling success
rate on Blocks 1, 3 and 4 and adds further resource to support the LNG
development in Tanzania." The full analyst notes on Ophi r are available to
download free of charge at: http://earnings-review.com/3426-OPHR-06Jun2014.pdf
-- Aberforth Smaller Companies Trust plc Analyst Notes On June 4, 2014,
Aberforth Smaller Companies Trust plc (Aberforth) announced that the net asset
value (NAV) per ordinary share as on close of business on June 3, 2014 was
1,191.25 pence, excluding current year revenue; while including all revenue
the NAV was 1,203.30 pence. Aberforth informed that it has a bank debt
facility that allows gearing of up to 10.9% of shareholders' funds, while the
current gearing is 2.5%. Further, the Company has issued 95.4 million ordinary
shares of 1 pence each. The full analyst notes on Aberforth are availa ble to
download free of charge at: http://earnings-review.com/3426-ASL-06Jun2014.pdf
=============== EDITOR'S NOTES: =============== 1. This is not company news.
We are an independent source and our views do not reflect the companies
mentioned. 2. Information in this release is produced on a best efforts basis
by Rohit Tuli, a CFA charterholder. The content is then further fact checked
and reviewed by an outsourced research provider. However, we are only human
and are prone to make mistakes. If you notice any errors or omissions, please
notify us below. 3. This information is submitted as a net-positive to
companies mentioned, to increase awareness for mentioned companies to our
subscriber base and the investing public. 4. If you wish to have your company
covered in more detail by our team, or wish to learn more about our services,
please contact us at pubco [at] earnings-review.com. 5. For any urgent
concerns or inquiries, please contact us at compliance [at]
earnings-review.com. 6. Are you a public company? Would you like to see
similar coverage on your company? Send us a full investors' package to
research [at] earnings-review.com for consideration. COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This
document, article or report is prepared and authored by Earnings Review,
represented by Rohit Tuli, CFA. An outsourced research services provider has
only reviewed the information provided by Earnings Review in this article or
report according to the procedures outlined by Earnings Review. Earnings
Review is not entitled to veto or interfere in the application of such
procedures by the outsourced provider to the articles, documents or reports,
as the case may be. NOT FINANCIAL ADVICE Earnings Review makes no warranty,
expressed or implied, as to the accuracy or completeness or fitness for a
purpose (investment or otherwise), of the information provided in this
document. This information is not to be construed as personal financial
advice. Readers are encouraged to consult their personal financial advisor
before making any decisions to buy, sell or hold any securities mentioned
herein. NO WARRANTY OR LIABILITY ASSUMED Earnings Review is not responsible
for any error which may be occasioned at the time of printing of this document
or any error, mistake or shortcoming. No liability is accepted by Earnings
Review whatsoever for any direct, indirect or consequential loss arising from
the use of this document. Earnings Review expressly disclaims any fiduciary
responsibility or liability for any consequences, financial or otherwise
arising from any reliance placed on the information in this document. Earnings
Review does not (1) guarantee the accuracy, timeliness, completeness or
correct sequencing of the information, or (2) warrant any results from use of
the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA
Institute.

Earnings-Review.com

Contact: Adam Redford, +852-8191-3972
 
Press spacebar to pause and continue. Press esc to stop.