Kesa non-exec buys

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.

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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

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