Alpha: Phil Oakley's shares round-up 16 November

Alpha: Phil Oakley's shares round-up 16 November

Continuing the theme of my column in the magazine, this week I delve into how provisions for bad contracts have fed into profit numbers at FirstGroup and I also look at the effect capitalising and amortising R&D expenses has on Avon Rubber’s earnings. Another theme this week is value traps – and I’ve highlighted some issues for concern with Vodafone and utility company SSE. Finally, I explain why funeral company Dignity is a riskier business than I used to think.

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