Proactive Investors News

TLOU Energy shares soar as it lands interim PPA in Botswana

TLOU Energy Ltd (LON:TLOU) shares rocketed as it landed an interim power purchase agreement for its coal bed methane fuelled gas-to-power project in Botswana. The company said that the interim PPA had been agreed with the Botswana Power Corporation (BPC) and is now undergoing final regulatory formalities. It added that the commercial terms remain confidential, at BPC’s request. READ: Tlou to significantly reduce costs and focus on PPA TLOU described it as a “major step forward” as it will facilitate connection to the power grid and the company’s first revenues. >>>

Next forced to sell HQ and warehouses to survive coronavirus pandemic

Shares in Next PLC (LON:NXT) were down on Friday after the clothing retail giant has been forced to sell its headquarters and three warehouses to protect its business during the coronavirus pandemic. The FTSE 100 group hopes to raise around £100mln from the sale of its head office in Leicestershire and three warehouses in West Yorkshire. READ: Next closes online operations to let all workers isolate Chief executive Simon Wolfson said he expected the sales would "secure the cash resources of the business" for the future as it took "all the measures" to protect itself. >>>

Morning View - Adriatic Metals, Intelligent Ultrasound and others

Adriatic Metals* (LON:LADT1) – Status of Bosnian exploration programme SP Angel Healthcare analysts: Amgen and Adaptive Biotechnologies partner to develop a  COVID-19 therapy Intelligent Ultrasound (LON:MED): Installation of ultrasound simulator at NHS Nightingale ExCel Hospital    Emerging markets – unprepared and unable to manage coronavirus Chaotic scenes in India and other emerging markets indicate a lack of scientific newsflow and education in poorer parts of the world. >>>

The City Pub Group shores up finances into 2020

What it does At a time when pubs are closing at a rate of knots, City Pub is expanding. The City Pub Group PLC (LON:CPC) owns and operates 47 ‘wet’ or drink-led pubs across Southern England and Wales.  At the helm is Clive Watson – a 30-year pub veteran, who is perhaps better known in younger circles as the dad of Made in Chelsea stars Lucy and Tiff. Those in the City of a slightly older vintage are more likely to remember him for Capital Pub Company, which he set up with fellow industry veteran David Bruce in 2001, before selling it on ten years later to Greene King PLC (LON:GNK) for £93mln. >>>

Useful Links

Chart and Compare - by Fidelity
Portfolio X-Ray - by Morningstar
Short Tracker - Short Interest Tracker

Motley Fool UK

10 FTSE stocks I’d buy for a market crash recovery

The market crash recovery could be unusually quick. G A Chester names 10 FTSE stocks risk-tolerant investors may want to consider.

The post 10 FTSE stocks I’d buy for a market crash recovery appeared first on The Motley Fool UK.

I expect these FTSE 100 shares to rebound after the coronavirus crisis

These FTSE 100 (INDEXFTSE: UKX) shares should survive an economic downturn and rebound relatively quickly, says Edward Sheldon.

The post I expect these FTSE 100 shares to rebound after the coronavirus crisis appeared first on The Motley Fool UK.

Two FTSE 100 shares that have seen insider buying in the stock market crash

Insiders are buying these two FTSE 100 (INDEXFTSE; UKX) shares. That's a good sign, says Edward Sheldon.

The post Two FTSE 100 shares that have seen insider buying in the stock market crash appeared first on The Motley Fool UK.