Substack

The Oak Bloke

Everything we have picked from this writer, newest first.

20 picks Visit The Oak Bloke

business models

Who gives a CRPR?

James Cropper sells premium paper packaging and advanced materials, using Colourform and Cupcycling to target plastic replacement and…

The Oak Bloke
consumer

GRG-gy soggy underwater shorter

Greggs’ 2.1% company-managed like-for-like growth and second-half cost pressures prompt an exit after a 36.8% gain, despite strong cash…

The Oak Bloke
balance sheets

This is one UTG-ly mutha

Unite Group’s 865p NAV reflects higher property yields, while planned disposals aim to reduce leverage after the Empiric acquisition.

The Oak Bloke
earnings

BATM down the hatches

BATM’s $24.4m diagnostics disposals masked weak continuing operations: its networking and cybersecurity segments posted a £5.1m FY25…

The Oak Bloke
buybacks

Oak Bloke Bon Couers Quand Couers 25th July

Oil above $100 and $66 crack spreads leave producers lagging crude. Future’s £8.2 million buybacks and forecast £70 million second-half…

The Oak Bloke
advertising

BOOM! BOOM! BOOM! Shake the room

Audioboom’s Showcase dynamic-ad business lifted gross margin from 24% to 41% as bookings reached $81 million in 1H26; Spotify and Apple…

The Oak Bloke
commodities

OB 24,25,26 update 19th July

The 2026 picks portfolio is up 25.6%, with ENI and ITH gains offsetting declines in AltynGold, Silvercorp and other precious-metals miners.

The Oak Bloke
dividends

Clear the DEC?

Diversified Energy (DEC) has paid $21.84 per share in dividends since June 2017 and trades at $13.35 amid a bullish U.S.

The Oak Bloke
business models

RWA back into profit

Robert Walters’ £23.13m monthly net fee income exceeded £23m overheads in 2Q26, returning the recruiter to profit.

The Oak Bloke
energy

Oak Bloke Bonkers Conkers 12th July

UK FTSE small caps have outperformed AIM, with banks, lenders and chemicals driving returns as oil trades near $70 a barrel.

The Oak Bloke
commodities

Scalping and JLP-ing

Jubilee Metals, valued at £72.7m at 2.2p, could reach copper breakeven through dewatering and higher Molefe output while retaining…

The Oak Bloke
asset management

MERC-y, I beg MERC-y

Mercia Asset Management’s FY26 direct investments lost £14.3m in net assets as it injected £11.6m into loss-making holdings, while £357m…

The Oak Bloke
balance sheets

Calling time on ECOB

Eco Buildings is exited after GFRG margins fell to 25%, marble losses persisted, and auditor, CLN, receivables and dilution risks mounted.

The Oak Bloke
balance sheets

Born(kers) on the 4th of July

Pinewood rose 16% as ties to Lithia and Constellation support its contract pipeline; Craneware’s 1H26 cash generation fell 80%, challenging…

The Oak Bloke
balance sheets

Catch a TGA by the tail

Thungela’s £271m cash pile equals 55% of its £533m market cap as fixed-price Australian coal contracts and South African mine disruptions…

The Oak Bloke
business models

The RGL of the hero from Sherwood Forest

Regional REIT’s new 20-year Nottingham lease adds £1.075m of rent, eliminates £700,000 of annual void costs, and brings a tenant-funded £5m…

The Oak Bloke
stock ideas

Oak Bloke Bonkers Conkers Clonkers 28th June 2026

CHRY trades at a 47% NAV discount despite Starling’s £150m Tier 2 raise and planned secondary sale; PRTC and TMT offer comparable…

The Oak Bloke
balance sheets

SEIT again Sam, play it again Sam

SEIT’s NAV fell from 90.6p to 77.8p as Onyx and Oliva write-downs hit, while the portfolio’s operating profitability grew and several…

The Oak Bloke
commodities

Calling time - or being called

IDHC’s CEO launched a $0.50-per-share takeover after buying 21.87% for $63 million, prompting the portfolio to exit amid delisting risk.

The Oak Bloke
advertising

LBG: Put your 'Lad Rags On

LBG’s Direct branded content, now two-thirds of revenue, grew in 1H26 as Indirect advertising fell; adjusted EBITDA dropped 34% amid higher…

The Oak Bloke