A quiet week for share trading in listed transport firms – but it didn’t stop an upswing in the combined share-price, with a total basket worth £16.37.4p. The swing comes predominantly from a rise in the price at Hargreaves Group, which will publish annual results on 28 February. But its profit might feel a sting after it said in in November there would be a 3% rise in pay for subcontractors – a hit of £750,000. When it comes to […]
There is one share in transport that is having a little run at the moment. One that doesn’t do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p – that’s an 83% return on your investment. So why all the commotion?
After revealing its positive outlook for the rest of the current financial year last week, Wincanton’s continually increasing share price has hit its highest point since the MT Tracker began in January. The company updated investors that it had performed well in the first quarter of its current financial year, despite slipping container volume.
Last week the MT Tracker took a break – to compile the MT Top 100 – look out for it at the end of November. It’s no secret that our big six make the Top 100, but as for exactly where you’ll have to wait until 18 November. In the meantime, we welcome Royal Mail out of the clutches of the government and onto the Stock Exchange (and the MT Tracker) and we’ll take a look at its share price […]