Daily Stock Market Report (Mon 29th December 2025) - IPF, IES, EMAN, CNS

Good morning! I hope you've been enjoying the festive season. It's wonderful to see how active the forum has been over the past week.
Let's see what today's RNS has for us... these end of year reports can be quite fun, as they often turn into a policing exercise, i.e. studying companies who have tried to sneak out bad results when few are watching, or simply to avoid suspension!
I don't see anything else where I can make a sensible comment today, so I'll leave it there. If I don't speak to you again before 2026, then I hope you enjoy the New Year's Celebrations - unless you are one of those people who goes to bed early on New Year's Eve, in which case I wish you a good night's sleep!
Spreadsheet accompanying this report: link (updated to 24/11).

Companies Reporting
Name (Mkt Cap)RNSSummaryOur View (Author)International Personal Finance (LON:IPF) (£484m | SR97)Recommended Cash AcquisitionOffer at 235p plus 9p dividend (as previously suggested). The Acquisition is expected to complete during Q3 2026.PINK (Graham holds)I wanted this deal to fail but at this stage I expect it to go through, and I'm considering banking my gains here....