How the financial diary will help you.
Being a developer I created this feed myself, because I wanted to make accessing this information a lot easier! You can find financial reports that are due for release and economic announcements available on any of the big financial websites, however I found myself having to select an individual date and it would only display what announcements were due for that day. With the feed that I have created it lists every company announcement for the entire month under each heading.
It is only for UK companies at the moment. If you find it helpful let me know and I may include more functionality in the future. I hope that this information will help with your research in sourcing companies.
Simply click on any one of the different headings to display a drop down list of companies along with the date.
Why look at a company’s financial reports?
When researching companies to invest in, the first place you’re going to want to look are the annual reports. A great deal of information can be found within an annual report as it is essentially a comprehensive guide for the company’s activities throughout the year. It has all the financial information such as balance sheets and income statements. Reading over these carefully will give you a good insight into the financial health of the company. Other information that can be found within reports include any big trading announcements, details of annual general meetings, dividend payments and directors dealings.
Why do companies release reports?
Throughout the year companies frequently release trading announcements and a range of financial reports, on their trading activities. There are many reasons for this which are listed below.
- It keeps the company accountable to shareholders.
- It provides vital information on the financial health of the company.
- It gives insight and guidance on making decisions for expansion and financing.
- It provides transparency to the company’s activities.
- It helps you (the investor) make an informed decision on whether to invest in the company.
- It is a legal requirement.
How a company announcement or financial report affects a share price.
There are many variables that affect a company’s share price. However a financial statement in a company’s final results or interim results, can have a big impact on determining which way the share price will go. For example, If a company’s profits are down and they are reflected in a report, the share price will most likely plummet, as it could be a sign for concern that the company is in trouble. If a company’s profits are down it’s important to understand why before you make an investment.