Andrew Hore – Quoted Micro 7 January 2019
NEX EXCHANGE VI Mining (VIM) has not made the required $2.19m loan repayment to Tassili by the end of 2018. Tassili also has right of refusal over the first 24,000 ounces of gold production. The loan is secured by a charge over the VI subsidiary that owns the interest in the Ora Pesa concession. VI […]
Ian Pollard – Gear4Music #GFM rocking to the tune
Gear4music G4M Enjoyed strong growth during the four months to the 31st December with total sales up by 41%. Further sales growth in excess of expectations was constrained by the York distribution centre reaching maximum capacity during the peak trading period between Black Friday and Christmas. As a result full year EBITDA for 2019 is […]
Ian Pollard – NEXT Retail’s Big Slide Over Christmas And Full Year
Next plc NXT Full price sales for the Christmas trading period (between Sunday 28 October and Saturday 29 December) rose by 1.5%. Whilst November sales were disappointing this was made up for by strong sales in the three weeks before Christmas and a good half-term holiday week at the end of October. Full price online […]
Vox Markets Podcast: Craig Brown CEO of ECR Minerals (ECR) and Alan Green on (ITX) (DEST) and (ECR)
Craig Brown, Chief Executive Officer of ECR Minerals #ECR discusses their nine new exploration licence applications in the Yilgarn region of Western Australia. Alan Green CEO of Brand Communications talks about: Itaconix #ITX Destiny Pharma #DEST ECR Minerals #ECR (Interview starts at 6 minutes 27 seconds)
Ian Pollard: Cloud Cuckoo Land Is Never Empty
2018 was quite a good year for the self important types who could not resist making fools of themselves in the full gaze of the public. The overall group winner of the year award must go to company directors and CEOs who have provided us with endless hours of amusement as they have literally tied […]
Volkswagen to spend $50 billion on electric car ‘offensive’ – via Mining.com – Cadence Minerals (KDNC)
German automaker Volkswagen said Friday it will spend tens of billions of dollars refocusing the company on the making of electric cars, autonomous vehicles and new mobility services. The Wolfsburg-based manufacturer, which plans to have some of the new offering in the market by 2023, said the 44-billion euro ($50 billion) investment in what CEO Herbert Diess describes […]
Andrew Hore – Quoted Micro 31 December 2018
NEX EXCHANGE China-based Gamfook Jewellery (GAMF) joined NEX on 24 December. The online retailer of customised jewellery was introduced at 15p a share, and the shares ended the first week at 15.5p (14p/17p). That values Gamfook at £15.5m. Executive chairman Jindian Lin and his wife own 72.8% of Gamfook. A dividend based on 28% of […]
Andrew Hore – Quoted Micro 24 December 2018
NEX EXCHANGE China-based Gamfook Jewellery had planned to join the standard list, but it has decided to float on NEX. The online retailer of customised jewellery had intended to raise cash at 15p a share, but the flotation on NEX on Christmas Eve will be an introduction at 15p a share. Management hopes the […]
Ian Pollard – A Nightmare For Europe
When will they ever learn ? This is the week when European leaders suddenly woke up to realise they had created their own nightmare situation in which they had lost the Brexit argument. The UK was back once again in charge of of Europe. You can humiliate British politicians, they fully deserve it. but what […]
Ian Pollard – United Carpets #UCG sees profit collapse
United Carpets Group UCG found the first half of the financial year very challenging There were no immediate signs of respite in the general environment and with continuing Brexit uncertainties, the second half was viewed with some caution. However, recent trading performance has shown some more encouraging signs which, if sustained, should result in a […]