Rising shares | Sinking shares | Bonkers Bargain
News covered in our update here includes our review of the results of a well-established operator of London pubs, which appears to be trading well in a tough market. Strong cash flow is supporting a nice increase in the interim dividend and a new share buyback. Elsewhere, one of our Bonkers Bargain opportunities continues to impress and we sense another upgrade could be forthcoming. Unfortunately, it remains tough in the world of building materials where another profit warning sees the shares sink. Read on here for our assessment of this and other news.
Jet2: new base at London Gatwick Airport shakes up the market Leisure travel group Jet2 (AIM:JET2) has announced that it will begin scheduled flying from London Gatwick Airport for the first time from late March 2026. Jet2 has secured slots for six aircraft following the release of additional capacity by the airport. Five Airbus A321neo aircraft will be based at London Gatwick, with a further aircraft positioned overseas. Management commented how the development marks a “transformational next step in Jet2's ambitions, further underpinning and accelerating its growth strategy and expanding its presence in the South of England, while also taking…