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Finncap reiterated its “buy” recommendation for the diamond mining firm. It announced a maiden dividend of 5 US cents per share, giving a yield of 2.3 per cent. The policy going forward will be to pay a dividend that represents a similar proportion of net earnings.
Jefferies initiated its coverage of the equipment rental company with a “buy” rating. “We estimate that it holds number two positions in tools and equipment, powered access and temporary power generation,” the broker said.
Numis reiterated its “buy” rating for the payment technology company. The broker said the firm’s core business is growing rapidly, with revenue growth resulting from volume growth from existing clients and new services to existing clients.