LONDON -- Weir� (LSE: WEIR ) released its interim management statement for the four months between Dec. 29, 2012, to April 30, 2013, this morning, with its share price falling 1.3% in early trade following a mixed reaction by the market.
This followed the announcement of a lower opening order book in the first quarter, down 14% on a reported basis against the same period last year, with the oil and gas division particular underperforming and contributing to lower revenues. Management also stated that "operating profits were down on the prior year period, with margins also affected by one-off costs in relation to the continued restructuring of the pressure pumping operations".
Like-for-like input in the first quarter saw a 14% decline against Q1 2012 but an increase of 14% against Q4 2012, with growth seen in minerals and oil and gas.�Original equipment input was 23% lower than the comparative quarter last year, which saw a number of large project orders.
Top 10 Performing Companies To Buy For 2014: DigitalGlobe Inc (DGI)
DigitalGlobe, Inc. provides commercial earth imagery products and information services worldwide. It collects imagery products and services through its QuickBird, WorldView-1, and WorldView-2 satellites, as well as aerial and satellite imagery from third party suppliers. The company offers a range of online and offline distribution options, including desktop software applications; Web services, which provide direct online access to the company�s image library; file transfer protocol; physical media, such as CD, DVD, and hard drive; and direct access program that facilitates certain customers to task and download data from its WorldView-1 and WorldView-2 satellites. Its imagery products and services support various uses, including defense, intelligence and homeland security, mapping and analysis, environmental monitoring, oil and gas exploration, and infrastructure management. DigitalGlobe, Inc. serves defense contractors; civil government agencies; providers of location-b ased services; and various companies in energy, telecommunications, utility, forestry, mining, financial services, environmental, and agricultural industries through direct and indirect channels. The company was formerly known as EarthWatch, Incorporated and changed its name to DigitalGlobe, Inc. in August 2002. DigitalGlobe, Inc. was founded in 1993 and is headquartered in Longmont, Colorado. DigitalGlobe, Inc. operates as a subsidiary of Morgan Stanley & Co. LLC.
Top 10 Performing Companies To Buy For 2014: Quality Distribution Inc. (QLTY)
Quality Distribution, Inc., together with its subsidiaries, engages in the truckload transportation of bulk chemicals primarily in North America. The company involves in the bulk transportation of liquid and dry chemicals, including plastics, as well as bulk dry and liquid food-grade products. It also provides intermodal ISO tank container transportation and depot services; tank cleaning, heating, testing, maintenance, and storage services; and local and over-the-road trucking services. The company?s bulk service network consists primarily of independently owned third-party affiliate terminals, independent owner-operator drivers, and own terminals. As of December 31, 2010, it managed a fleet of approximately 2,900 tractors and 5,700 trailers; and operated 91 independent affiliate trucking terminals and 3 own trucking terminals. Quality Distribution also operates 8 ISO tank container transportation and depot service terminals. The company was formerly known as MTL, Inc. and changed its name to Quality Distribution, Inc. in 1999. Quality Distribution, Inc. was founded in 1984 and is headquartered in Tampa, Florida.
Best Income Companies To Invest In 2014: Vanoil Energy Ltd. (VEL.V)
Vanoil Energy Ltd., an oil and gas company, engages in the identification, acquisition, exploration, and evaluation of oil and gas properties in Kenya and Rwanda. The company owns 100% interests in the 3A and 3B blocks that cover approximately 24,912 square kilometers in Kenya. It also owns oil and gas concessions covering approximately 1,631 square kilometers in the northwestern part of the Rwanda. Vanoil Energy Ltd. was founded in 2009 and is headquartered in Vancouver, Canada.
Top 10 Performing Companies To Buy For 2014: Ryanair (RYAAY)
Ryanair Holdings plc (Ryanair Holdings), incorporated in 1996, is a holding company for Ryanair Limited (Ryanair). Ryanair operates a low-cost, scheduled-passenger airline serving short-haul, point-to-point routes between Ireland, the United Kingdom, Continental Europe, and Morocco. As of June 30, 2012, the Company offered approximately over 1,500 scheduled short-haul flights per day serving approximately 160 airports largely throughout Europe with an operating fleet of 294 aircraft flying approximately 1,500 routes. Ryanair sells seats on a one-way basis. The Company also holds a 29.8% interest in Aer Lingus Group plc. As of June 30, 2012, Ryanair�� operating fleet was composed of 294 Boeing 737-800 aircraft, each having 189 seats. Ryanair�� fleet totaled 294 Boeing 737-800s at March 31, 2012. As of June 30, 2012, Ryanair owned and operated four Boeing 737-800 full flight simulators for pilot training. Ryanair provides ancillary services and engages in other activities connected with its core air passenger service, including non-flight scheduled services, Internet-related services, and the in-flight sale of beverages, food, and merchandise. As part of its non-flight scheduled and Internet-related services Ryanair incentivizes ground service providers at airports it serves to levy correct excess baggage charges for any baggage, which exceeds Ryanair�� published baggage allowances. Excess baggage charges are recorded as non-flight scheduled revenue. Ryanair distributes accommodation services and travel insurance through its Website. For hotel services, Ryanair has a contract with Hotelscombined PTY Ltd. (Hotelscombined), which operates a price comparison Website, pursuant to which Hotelscombined handles all aspects of such services marketed through Ryanair�� Website and pays a fee to Ryanair. Ryanair also has contracts with other accommodation providers that enable Ryanair to offer hostel, bed-and-breakfast, guesthouse, villa and apartment accommodation to its customers. In addition Ryanair has a contract with Hertz, pursuant to which Hertz handles all car rental services marketed through Ryanair�� Website or telephone reservation system. Ryanair also sells bus and rail tickets onboard its aircraft and through its Website. Ryanair also sells attractions and activities on its Website. Ryanair sells gift vouchers on its Website, which are also redeemable online. The Company has an contract with Webloyalty International Ltd, which offers Ryanair�� customers who have a United Kingdom, German or French billing address a retail discount and cash-back program. Ryanair has agreements, pursuant to which the Company promotes Ryanair-branded credit cards issued by MBNA, GE Money, Access Prepaid and Banco Santander on its Internet site. The MBNA agreement relates to Irish residents only, the GE Money agreement relates to Swedish and Polish residents only and the Banco Santander agreement relates to United Kingdom residents only. During the fiscal year ended March 31, 2012, Ryanair rolled out handheld Electronic Point of Sale (EPOS) devices across its route network. These EPOS devices replaced manual and paper based systems on board the aircraft. The EPOS device enables cabin crew to sell and record their on-board sales transactions. The EPOS device also issues bus and rail tickets and tickets for tourist attractions. The Company also offers reserved seating in twenty-one extra legroom seats on each aircraft for a fee on certain routes. Ryanair provides its own aircraft and passenger handling and ticketing services at Dublin Airport. Third parties provide these services to Ryanair at other airports it serves. Servisair plc provides Ryanair�� ticketing, passenger and aircraft handling, and ground handling services at airports in Ireland and the United Kingdom(excluding London (Stansted) Airport where these services are provided by Swissport Ltd.), while similar services in continental Europe are provided by the local airport authorities, either directly or through sub-contractors. Advisors' Opinion:- [By Robert Holmes]
Analyst Penelope Butcher calls Ryanair "the best placed airline in our coverage universe," which she pins on the company's pricing power, competitor capacity withdrawals, and bargaining power with manufacturers and airports.
"On our forecasts, the company will still be in a position to match its record 2007 net income result for FY12, and continue to expand toward doubling this result by 2015, owing to modest capacity growth and stability/potential relief in its fuel cost base from calendar 2012 onward," Butcher writes.
While Butcher's base case calls for a 17% climb in share price next year, her most bullish view would have shares up 61% next year. On the downside, her most bearish outlook calls for shares of Ryanair falling 27% in 2012.
The chart above shows the American Depositary Receipts of Ryanair trading in the U.S., although Morgan Stanley recommends buying shares trading in London.
Top 10 Performing Companies To Buy For 2014: LML Payment Systems Inc.(LMLP)
LML Payment Systems Inc. provides payment processing solutions primarily to businesses and organizations that use Internet to receive or send payments in Canada and the United States. The company provides electronic payment and risk management solutions for mail-order and telephone-order call-centers, and online merchants and brick and mortar merchants, including government and financial institutions; and offers solutions that enable e-merchants to accept credit card and debit card payments, electronic funds transfers (EFT), and automated clearing house (ACH) payments. It also provides hosted solutions, including a connection between the merchant?s Website and its host system that provides the merchant with a shopping cart with secure payment processing for credit cards and debit cards, EFT, and ACH payments; a secure order management interface; multiple currency and shipping options; and reporting and reconciliation tools. In addition, the company offers authentication t ools for merchants to reduce the risk inherent in card-not-present credit card transactions; other authentication services that provide information related to the validation of credit card orders and fraud screening of applications by consumers; and various risk management tools. Further, it licenses its intellectual property estate, which includes five United States patents related to electronic check processing methods. Additionally, the company engages in primary and secondary check collection, including electronic check re-presentment. Its check processing services involve return check management, such as traditional and electronic recovery services to retail clients. The company sells its products and services indirectly through channel and technology partners; and directly through its Website and internal sales staff. It serves approximately 10,000 businesses and organizations. The company was founded in 1974 and is headquartered in Vancouver, Canada.
Top 10 Performing Companies To Buy For 2014: MHI Hospitality Corporation(MDH)
MHI Hospitality Corporation, a real estate investment trust (REIT), engages in the ownership and operation of upper upscale and midscale hotels in the mid-Atlantic and southeastern United States. As of March 15, 2006, the company operated seven upper upscale and midscale hotels with 1,673 rooms under the brand names ?Hilton? and ?Holiday Inn?. It also owns leasehold interests in the commercial spaces of the Shell Island Resort, a condominium resort property. The company has elected to be treated as a REIT for federal income tax purposes. As a REIT, it would not be subject to federal income tax, provided it distributes at least 90% of its taxable income to its shareholders. MHI Hospitality has strategic alliance agreement with MHI Hotels Services LLC. The company was founded in 1957 and is based in Williamsburg, Virginia.
Top 10 Performing Companies To Buy For 2014: China TechFaith Wireless Communication Technology Limited(CNTF)
China Techfaith Wireless Communication Technology Limited, together with its subsidiaries, operates as an original developed products provider that is focused on the original design and sale of mobile phones in the People's Republic of China and internationally. Its original developed products include multimedia phones, and dual mode dual card handsets of multiple wireless technology combinations; Windows-based smartphones and Pocket PC phones; and handsets with interactive online gaming and professional game terminals with phone functionality. The company also provides gaming content to the motion, mobile, and online PC gaming markets through its Web sites. In addition, it develops Middleware Application MMI/UI software packages on 2G/2.5G, 3G, and 3.5G communication technologies. The company was founded in 2002 and is based in Beijing, the People's Republic of China.
Top 10 Performing Companies To Buy For 2014: MakeMyTrip Limited(MMYT)
MakeMyTrip Limited, an online travel company, provides travel products and solutions in India and the United States. Its products and services include air tickets, hotels, packages, rail tickets, bus tickets, car hire, and ancillary travel requirements, such as travel insurance and visa processing. The company, through its Website, makemytrip.com, allow travelers to research, plan, and book a range of travel services and products in India and internationally. MakeMyTrip Limited also provides its products and services through other technology-enhanced distribution channels, such as call centers, travel stores, and travel agents? network. Its customers comprise leisure travelers and small businesses. The company was formerly known as International Web Travel Private Limited and changed its name to MakeMyTrip Limited in April 2010. MakeMyTrip Limited was founded in 2000 and is based in Gurgaon, India.
Top 10 Performing Companies To Buy For 2014: Lions Gate Energy Inc (LG.V)
Lions Gate Energy Inc., an exploration stage company, engages in the acquisition, exploration, and development of precious and base metal mineral deposits in Canada. It owns a 100% interest in the El Toro project, a copper-gold-silver property that covers an area of 34,356 hectares in the Omineca mining division of British Columbia. The company was incorporated in 1981 and is based in Vancouver, Canada.
Top 10 Performing Companies To Buy For 2014: Blue Sky Uranium Corp (BSK.V)
Blue Sky Uranium Corp., a junior mineral exploration company, engages in acquisition, evaluation, and exploration of uranium properties in Canada and Argentina. The company holds interests in a 600,000-hectare land package in the Patagonia region of southern Argentina. Its properties include Santa Barbara and ANIT Uranium project located in the Rio Negro Province of Argentina. Blue Sky Uranium Corp. was incorporated in 2005 and is based in Vancouver, Canada.
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