Kesa non-exec buys
A round-up of the biggest director deals today so far.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Twice daily
MoneyWeek
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Four times a week
Look After My Bills
Sign up to our free money-saving newsletter, filled with the latest news and expert advice to help you find the best tips and deals for managing your bills. Start saving today!
Alan Parker has bought his first shares in consumer electronics retailer Kesa Electricals since being appointed a non-executive director last October.
Parker has acquired 20,000 shares in the owner retailer Comet for 133p each - a total outlay of £26,600.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Comet had a poor start to December and even though it did better after Christmas Kesa warned in January that its profit for the year to April 2011 would be at the lower end of expectations.
Comet's sales for the three months to 18 January fell 6.5% in local currency and 7.3% like-for-like. They were down 3.7% like-for-like in the first half.
French retailer Darty's sales were up just 0.4% in local currency and down 1.8% like-for-like.
Total revenue for the group was up 0.4% in the third quarter, but down 4% on a like for like basis because of "difficult market conditions". Poor weather is estimated to have sliced 2% off sales.
Top Director Buys
Kesa Electricals (KESA) Director name: Mr Alan C ParkerAmount purchased: 20,000 @ 133.00p Value: £26,600
Aberdeen New Thai Inv Trust (ANW) Director name: Mr James RobinsonAmount purchased: 10,000 @ 239.00p Value: £23,900
Worldspreads Group (WSPR) Director name: Mr Conor FoleyAmount purchased: 25,000 @ 55.00p Value: £13,750
Amiad Filtration Systems Ltd. (AFS) Director name: Mr Simon Myers OlswangAmount purchased: 5,000 @ 222.00p Value: £11,100
Top Director Sells
-
How a ‘great view’ from your home can boost its value by 35%A house that comes with a picturesque backdrop could add tens of thousands of pounds to its asking price – but how does each region compare?
-
What is a care fees annuity and how much does it cost?How we will be cared for in our later years – and how much we are willing to pay for it – are conversations best had as early as possible. One option to cover the cost is a care fees annuity. We look at the pros and cons.
