Press Room

Our trading desk provides regular market analysis and timely opinion for the leading national and international press.

 

Kent Business - Kent-based Bovis in the black and buying land again

08 March 2010

Ed Woolfitt, head of trading at Galvan Research, said that as evidence emerged from all quarters of a recovery and in some cases a rapid improvement in the UK housing market, the preliminary results announced today by Bovis "support this scenario and show solid progress."

Daily Express - Phone Giants Do Double

06 March 2010

Broker Galvan said some companies just become too unwieldy to be managed in a consistent fashion.

Daily Mail - Rights issue talk sends RSA lower

24 February 2010

TUI Travel lost 7.5p to 261.8p but Galvan Research rates the shares a buy. Not just because of recent suggestions from the Footsie travel company that the worst may be over for its holidays business...

Daily Mail - Market Report: Hammer blow for Connaught

19 February 2010

Galvan Research slapped a ‘buy’ rating and price target of 740p on the company. The only risk is that the impact of the new IsatPhone Pro has already been priced in.

The Independent - Investment Column: Severn Trent may be a rare rose in winter

27 January 2010

Ed Woolfitt, the head of trading at Galvan Research, said that unless the extreme winter made leakage levels even wrose, Severn Trent shares, which trade at about 1.5 times next year's earnings and yield more than 5 per cent, could be expected "to progress steadily higher".

Daily Mail - Qinetiq issues yet another profit alert

15 January 2010

Ed Woolfitt, head of trading at brokerage Galvan Research, questioned the group's financing, saying: 'If the current situation continues, the group could face a solvency crisis sooner rather than later.'

Kent Online - Serco tipped for bright 2010

04 January 2010

Andrew Gibson, head of Galvan Research, said it took the view that Serco’s pre-close trading statement markedly understated the actual prospects for the outsourcing group, considering that double-digit revenue growth is on the cards...

Dow Jones Newswire - British Land Snapping Up Prime Comml Opportunities

30 December 2009

British Land's (BLND.LN) move to acquire Segro's (SGRO.LN) 50% interest in a JV with Tesco (TSCO.LN) shows the company is snapping up prime commercial property opportunities at bargain prices before recovery kicks in, says Ed Woolfitt, head of trading at Galvan Research.

Guardian - FTSE 100 slips below 5400 but Petrofac outperforms

30 December 2009

Ed Woolfitt, head of trading at CFD broker Galvan Research said: This announcement shows British Land is snapping up prime commercial property opportunities at bargain prices before recovery really kicks in...

City AM - What Does The Future Hold For National Express?

22 December 2009

"Following what can only be described as a near catastrophic year for National Express, the underlying revenue trend has stabilised in Q4, in line with the previously reported performance..."

Wall Street Journal - UPDATE: Mouchel Turns Down Takeover Approaches From VT Group

14 December 2009

However, according to Ed Woolfitt, head of trading at Galvan Research and Trading, fellow outsourcing companies Capita Group PLC (CPI.LN) and Serco Group PLC (SRP.LN) also "look set to trigger a bidding war" with counter offers...

247 Bull - Waiting For The Green Light...

10 December 2009

Andrew Gibson, head of research at CFD and spread betting specialist Galvan, has identified some of the companies that could prosper...

City AM - Stagecoach sales on the up as its online arm soars

10 December 2009

While National Express struggles to get a rights issue away and is battling with major shareholder Cosmen, Stagecoach in contrast looks secure, well-funded and ready to benefit from any economic recovery. We expect shares to reach 165p, and go back to year highs over 173p beyond that.

City AM - Best of the Brokers

7 December 2009

Galvan Research says that plenty of time has now elapsed at Wm Morrison to allow the shares to absorb any doubts over a possible like-for-like sales slowdown, and the surprise departure of Marc Bolland...

Daily Express - Experts Predict a Rise in Takeover Activity in 2010

28 November 2009

Andrew Gibson, of spread better Galvan Research, said: "In time, this lack of corporate activity may be viewed as a positive factor. It suggests that if a market can rebound this much without any mergers and acquisitions drive, we could see some real fireworks when further activity emerges, as it inevitably will when the worst of the credit crunch liquidity collapse starts to work itself out."

Guardian - Water company shares buoyant after Ofwat ruling

26 November 2009

Ed Woolfitt, head of trading at spread better Galvan, said: The decision from Ofwat today sets out a mandate for the next five years, and signals that Ofwat are satisfied that customers are getting value for money...

Money Marketing - Paragon profits up to £54m

25 November 2009

Galvan Research head of trading Ed Woolfitt says: "Paragon has reported a promising set of full year numbers, and delivered a strong arrears performance, significantly better than industry average..."

Kent Online - Sales go through the roof for Bovis Homes

18 November 2009

Ed Woolfitt, head of trading at Galvan, said it was a bullish statement from Bovis and he expected shares to "rapidly return to the year highs at 560p and more."

Yorkshire Post - No work yet on retail projects, says developer

3 November 2009

Ed Woolfitt, of Galvan Research, said: "With the market seemingly under-rating the shares and the property sector, we see an opportunity to pick up some stock in the company before a near imminent re-rating occurs."

Yorkshire Post - Stagecoach offer rejected

30 October 2009

Ed Woolfitt, head of trading at Galvan Research, noted that Stagecoach's shares had risen after National Express snubbed its takeover approach.

Bloomberg - CVC Drops National Express Bid; Stagecoach Still Keen

16 October 2009

"Today's development raises the possibility of a direct approach by Stagecoach," said Ed Woolfitt, head of trading at Galvan Research

Website design and build by Buzz Interactive

Copyright 2010 © Galvan Research and Trading Limited | CMA House, Newham Road, Truro, Cornwall, TR1 2SU | Call 01872 26 26 22