The possibility of trade wars aren’t just a fear for Americans. In April, shipping company Clarkson (CNK) warned that such apprehension, coupled with volatility in financial markets, had discouraged transactions in the shipping sector. A weak greenback hadn't helped, either, since most of Clarkson’s transactions are denominated in greenback. Together, this means profits for the full year will be "materially below" expectations.
IC TIP:
Hold
at
2320p
Management hasn't quantified the financial impact, but analysts at Liberum have cut 2018 forecasts by a quarter, and by a further 15 per cent for 2019. But, beyond this, a recovery could still be on the cards.
Even so, executive director Peter Martin Anker and his wife have sold 17,500 shares at 2,635p each. A representative from Clarkson said the transaction was purely for "personal reasons", while Mr Anker still owns 232,500 shares, or 0.77 per cent of issued share capital.
| Buys | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Allied Minds | Fritz Foley | 22 Jun 18 | 27,989 | 109.694 | 30,702 | 27,989 | 0.012 |
| Allied Minds | Fritz Foley | 25 Jun 18 | 47,011 | 110 | 51,712 | 75,000 | 0.031 |
| Ashtead | Tanya Fratto | 27 Jun 18 | 1,000 | 2254 | 22,540 | 1,000 | 0.000 |
| Audioboom* | Roger Maddock | 26 Jun 18 | 3,333,334 | 3 | 100,000 | 20,446,890 | 1.763 |
| Berkeley | Glyn Barker | 26 Jun 18 | 1,440 | 3777 | 54,389 | 12,422 | 0.009 |
| Braemar Shipping Services♥ | Jurgen-Heinz Breuer | 26 Jun 18 | 10,000 | 254.286 | 25,429 | 71,000 | 0.226 |
| Braemar Shipping Services | Jurgen-Heinz Breuer | 26 Jun 18 | 10,000 | 258.9469 | 25,895 | 61,000 | 0.194 |
| Burberry | Gerry Murphy | 22 Jun 18 | 5,000 | 2157 | 107,850 | 5,000 | 0.001 |
| CAP-XX* | Bruce Grey | 22 Jun 18 | 122,159 | 10.756 | 13,139 | 4,294,829 | 1.432 |
| CAP-XX* | Patrick Elliott (ch) | 22 Jun 18 | 122,159 | 10.756 | 13,139 | 6,123,011 | 2.042 |
| Castings | Adam Vicary (ceo) | 26 Jun 18 | 5,000 | 417.9 | 20,895 | 27,000 | 0.062 |
| Castings | Steve Mant (fd) | 26 Jun 18 | 4,000 | 417.9 | 16,716 | 5,000 | 0.011 |
| CEPS* | David Horner (ch) | 27 Jun 18 | 881,310 | 35 | 308,459 | 4,831,310 | 36.601 |
| Dixons Carphone | Alex Baldock | 21 Jun 18 | 125,533 | 199 | 249,811 | 125,533 | 0.011 |
| Experian | Ruba Borno | 27 Jun 18 | 1,087 | 1838.44 | 19,984 | 1,087 | 0.000 |
| Faron Pharmaceuticals Oy | Markku Jalkanen (ceo) | 21 Jun 18 | 12,000 | 71 | 8,520 | 2,885,390 | 9.299 |
| Faron Pharmaceuticals Oy♥ | Markku Jalkanen (ceo) | 21 Jun 18 | 24,000 | 71 | 17,040 | 2,909,390 | 9.377 |
| Flybe | Ian Milne | 25 Jun 18 | 100,000 | 40.1 | 40,100 | 100,000 | 0.047 |
| Flybe♥ | Heather Lawrence | 25 Jun 18 | 62,500 | 40.346 | 25,216 | 62,500 | 0.029 |
| Forbidden Technologies | Ian McDonough (ceo) | 26 Jun 18 | 600,000 | 5 | 30,000 | 1,862,862 | 0.630 |
| Forbidden Technologies♥ | Ian McDonough (ceo) | 26 Jun 18 | 400,000 | 5 | 20,000 | 2,262,862 | 0.766 |
| Forbidden Technologies | David Main (ch) | 26 Jun 18 | 300,000 | 5 | 15,000 | 835,714 | 0.283 |
| Forbidden Technologies♥ | David Main (ch) | 26 Jun 18 | 200,000 | 5 | 10,000 | 1,035,714 | 0.351 |
| Forbidden Technologies | Stephen Streater | 26 Jun 18 | 500,000 | 5 | 25,000 | 64,485,714 | 21.824 |
| Georgia Healthcare | Ingeborg Oie | 27 Jun 18 | 7,677 | 254 | 19,500 | 46,677 | 0.036 |
| Gulf Marine Services♥ | Simon Batey | 27 Jun 18 | 100,000 | 42.2 | 42,200 | 137,037 | 0.039 |
| Hansard Global♥ | Leonard Polonsky | 25 Jun 18 | 228,539 | 59 | 134,838 | 50,528,539 | 36.762 |
| Hansard Global♥ | Leonard Polonsky | 26 Jun 18 | 71,461 | 60 | 42,877 | 50,600,000 | 36.813 |
| Hunting | John Glick (ch) | 22 Jun 18 | 9,500 | 789.5 | 75,003 | 23,000 | 0.014 |
| IFG | Mark Dearsley | 26 Jun 18 | 40,000 | 132.5 | 53,000 | 40,000 | 0.038 |
| IFG | Kathryn Purves | 26 Jun 18 | 60,000 | 132.5 | 79,500 | 60,000 | 0.057 |
| Informa | Greg Lock | 22 Jun 18 | 10,835 | 818.4 | 88,674 | 10,835 | 0.001 |
| Ingenta♥ | Max Royde | 26 Jun 18 | 12,500 | 130 | 16,250 | 4,526,754 | 26.754 |
| Melrose Industries | Archie Kane | 25 Jun 18 | 50,000 | 219.6 | 109,800 | 50,000 | 0.001 |
| Microsaic Systems* | Andrew Holmes | 25 Jun 18 | 500,000 | 2 | 10,000 | 3,682,111 | 0.807 |
| Microsaic Systems* | Eric Yeatman | 25 Jun 18 | 750,000 | 2 | 15,000 | 4,646,632 | 1.018 |
| Microsaic Systems* | Bevan Metcalf (fd) | 25 Jun 18 | 750,000 | 2 | 15,000 | 1,050,000 | 0.230 |
| Microsaic Systems* | Christopher Buckley | 25 Jun 18 | 250,000 | 2 | 5,000 | 550,000 | 0.121 |
| Microsaic Systems* | Glenn Tracey (ceo) | 25 Jun 18 | 500,000 | 2 | 10,000 | 800,000 | 0.175 |
| Microsaic Systems* | Peter Grant | 25 Jun 18 | 750,000 | 2 | 15,000 | 750,000 | 0.164 |
| Oakley Capital Investments | Christopher Wetherhill (ch) | 25 Jun 18 | 16,000 | 184.5 | 29,520 | 230,700 | 0.113 |
| Raven Property♥ | Anton Bilton | 26 Jun 18 | 32,410 | 46.1 | 14,941 | 43,348,711 | 6.890 |
| reach4entertainment Enterprises | Marc Boyan (ceo) | 22 Jun 18 | 1,000,000 | 1.5 | 15,000 | 124,333,336 | 12.373 |
| reach4entertainment Enterprises | Marc Boyan (ceo) | 22 Jun 18 | 1,333,333 | 1.55 | 20,667 | 126,666,669 | 12.605 |
| Real Estate Credit Investments | Sally-Ann Farnon | 25 Jun 18 | 18,000 | 166.332 | 29,940 | 18,000 | 0.013 |
| SOCO International | John Martin | 27 Jun 18 | 30,000 | 97.3 | 29,190 | 30,000 | 0.009 |
| T Clarke | Trevor Mitchell (fd) | 26 Jun 18 | 50,000 | 82 | 41,000 | 52,000 | 0.124 |
| T Clarke | Trevor Mitchell (fd) | 27 Jun 18 | 67,000 | 83.5 | 55,945 | 119,000 | 0.284 |
| Upland Resources* | Bolhassan Bin Haji Di | 21 Jun 18 | 4,000,000 | 2.5 | 100,000 | 16,634,620 | 2.873 |
| Upland Resources* | George Staley (ceo) | 21 Jun 18 | 800,000 | 2.5 | 20,000 | 20,549,102 | 3.549 |
| Sells | |||||||
| Company | Director | Date | No of shares | Price (p) | Value (£) | Holding (shares) | Holding (%) |
| Big Yellow♥ | Nicholas Vetch (ch) | 21 Jun 18 | 199,565 | 966.51 | 1,928,816 | 8,788,801 | 5.539 |
| Clarkson♥ | Peter Anker | 26 Jun 18 | 17,500 | 2635 | 461,125 | 232,500 | 0.769 |
| Homeserve | Johnathan Ford | 25 Jun 18 | 36,497 | 910.6 | 332,342 | 108,315 | 0.033 |
| Ramsdens | Peter Kenyon (ceo) | 25 Jun 18 | 500,000 | 180 | 900,000 | 1,091,250 | 3.539 |
| *Placing/tender/open offer ♥Spouse/connected party | |||||||
