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​Coronavirus impact: 28 Oct – volatility fuels booming returns

28/10/2020 · Franchise Brands PLC (FRAN)  · Plus500 Ltd (PLUS)  · Shoe Zone (SHOE)  · Smoove PLC (SMV) 

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An online trading platform featured here has done nicely from the heightened stock market volatility and has also benefited from a further cash windfall. The 7%+ current dividend yield looks appealing but shareholders shouldn't count on this largesse every year

Franchise Brands: reassuring update, but…

Multi-brand franchise business Franchise Brands (LON: FRAN) experienced a steady recovery in trading in its 3rd quarter ending 30 September 2020 and is confident of meeting consensus market expectations for the year to 31 December 2020. These are or revenue of £48.6m and adjusted EBITDA of £6.1m.

Its B2B division, which comprises Metro Rod, Metro Plumb, Willow Pumps and Kemac and provides a range of national drainage, plumbing services appears to have…

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