
MARS targets pure-play companies worldwide involved in the space economy and its enabling technologies. Such companies derive at least 50% of their revenue from activities such as the development, manufacturing, or operation of rocket launch systems, spacecraft and satellites, space-related defense systems, and communications infrastructure. This also includes supporting technologies such as network infrastructure, AI services, software and IT services, semiconductor production, and advanced military technology. The adviser constructs the portfolio using a proprietary thematic-relevance…
Is MARS's expense ratio expensive, average, or a steal for its category?
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Marston's PLC (LSE:MARS) shares jumped 18% to 54.6p after the pub operator said full-year profit would beat market expectations, prompting Peel Hunt and Panmure Liberum to raise forecasts. Peel Hunt maintained its 'buy' recommendation and 85p price target while increasing its 2025/26 pre-tax profit forecast by 5% to £80 million from £76 million, compared with consensus of around £78 million.

Marston's PLC (LSE:MARS), the UK pub operator, said full-year profit will exceed the top end of market expectations as stronger margins and cash generation supported a third consecutive year of significant earnings growth. The company expects underlying pre-tax profit for the 52 weeks to 26 September to exceed the £83.2 million top end of analysts' forecasts, with profits now more than three times the £25.6 million generated in 2023.

SpaceX's blockbuster IPO has given way to sharp volatility as valuation concerns, lockup risks and competition evaluate investor confidence.

Big investors just put a pile of money into Jeff Bezos' rocket company. Shouldn't that be good for space stocks?