Welcome to EQUITY DEVELOPMENT

The UK's longest established regulated provider of sponsored equity research.

We launched EQUITY DEVELOPMENT in 1997 becoming the first ever  regulated provider of Sponsored Equity Research in the UK.

Our research teams are made up of expert analysts with deep understanding & experience in their sectors.  Our research is distributed to all relevant investment classes & commentators. (at no cost to the reader).

We have made our name by specialising in those companies who are not receiving the attention that they merit, using detailed commentary, appropriate valuation metrics and regular publications to help eradicate undervaluation in the medium term.

 

FREE REGISTRATION

Sign up today and access the very latest company research

LOG IN

For access to all company research please

Quayle Munro

Quayle Munro is an independent investment banking group based in Edinburgh with a growing presence in London. It has a niche presence in
the Scottish financial market, providing a unique combination of corporate finance services and specialist investment capacity.

Quayle Munro - Another year of good progress

  • Specialisation in PFI advisory business fuelling fee growth
  • Record total return per share
  • Fair value 1,284p compared to current price of 887.5p

Publication Date:
September 26 2005

Quayle Munro; Consistent delivery of strong returns

  • 65% increase in turnover
  • 206% increase in profit before tax
  • ED valuation now £11/share

Publication Date:
March 4 2005

Quayle Munro; excellent year

  • Quayle Munro concluded the financial year to June 2004 with highly satisfactory preliminary results.
  • This was the year that saw the company transferring its listing to AIM from the LSE main market (October 2003), the refinancing of Morris Group and the transfer of the bulk of Quayle Munro’s PFI investments to The PFI Infrastructure Company (PFI Co).

Publication Date:
September 29 2004

Quayle Munro; Cashing in on PFI

  • Quayle Munro is significantly changed by the transfer of most of its PFI assets into the newly launched PFI Co.
  • Quayle will act as investment manager to the fund in addition to receiving £4.3m cash.
  • Income will be underpinned by growth in the recurring revenue base brought by investment management fee income.
  • The record of stable and growing dividends continues to be supplemented by lumpy special dividends.
  • Our ‘fair value’ assessment of 797p compares with a current market price of 602.5p.

Publication Date:
August 4 2004

Quayle Munro April 2003

  • Quayle Munro (QM) experienced a high level of PFI project closures during the last financial year and, as indicated in the annual report, entered the current year on a much quieter note.
  • This is reflected in the lower interim results recently reported. However, the management is confident that the second half will show a significant improvement.

Publication Date:
April 9 2003