Spire by St Brides

Quoted Micro 7 August 2017

NEX EXCHANGE Valiant Investments (VALP) has raised a further £52,500 at 0.1p a share and its 84.7%-owned subsidiary Flamethrower has acquired FootballTipsFC.com for £40,000. Subscriptions generate £50,000 a year in revenues for the website which provides football betting tips. Asia Wealth Group Holdings (AWLP) reported a lower loss in the year to February 2017. Revenues […]

Corporate news review Friday 4th August 2017

Ascent Resources AST updates on progress with its Petišovci project in Slovenia, and says the installation of the necessary infrastructure to accommodate export production has now been completed. As a result, recertification on the Croatian side of the border is moving towards a positive conclusion. Merlin Entertainments MERL reports a 0.7% increase in H1 PBT […]

NEXT- Another Special Dividend As Decline Continues

NEXT plc NXT does not expect any recovery during the remainder of the current financial year despite second quarter full price sales having risen by 0.7% compared to the first quarter when they were down 3%. Retail sales for the half year to 29th July were down by 7.4% whereas Directory sales rose by 11.4% […]

BAE Systems; Orders Up by 50% As British Industry Gains Momentum

RSA Insurance Group RSA is  delighted with its strong first half results which are littered with repeated references to outperformances as if they had just invented the word. Shareholders get to share in the jollity with a 32% rise in the interim dividend to 6.6p per share, up from last years 5p. Restructuring has now […]

Rolls Royce & BP Seeing Light At The End of The Tunnel

Taylor Wimpey TW is increasing its special dividend from last years 9.2p per share to 10.4p payable in July 2018 after profit before tax for the half year to 2nd July fell by 23.7% and basic earnings per share by 22.7%. The company claims that trading has been very positive with good consumer confidence, especially […]

HSBC – Positive Jaws And An Urivalled Footprint ! – A fish with feet !!

HSBC Holdings HSBA announces that a further share buy back programme of up to 2bn pounds will start shortly and will be completed in the second half of 2017. The interim dividend remain unchanged after a rise of 12% in adjusted half year profit before tax, following a 3% rise in revenue. Global banking performed […]

Quoted Micro 31 July 2017

NEX EXCHANGE Kryptonite 1 (KR1) has invested $100,000 in the initial coin offering of the Omisego project, which is being developed to enable decentralised payments and remittances, acquiring 365,199 tokens. A further $200,000 has been invested in a similar offering by the Insurex platform, a marketplace for insurance products, and $100,000 invested in tokens in […]

Corporate news review Friday 28th July 2017

Barclays BARC – Reports a 13% increase in half-year PBT to £2,341m reflecting materially lower non-core losses of £647m (H116: £1,904m), while core PBT fell 25% to £2,988m impacted by PPI charges of £700m (H116: £400m). EPS came in at 11.8p, while tangible NAV fell to 284p (Dec 2016: 290p) as profit from continuing operations […]

Lloyds Banking – Another Billion Pounds of Dirty Washing

Lloyds Banking Group LLOY claims it is transforming its Key Customer Journey and if you look at the additional billion pound or so compensation which it is being forced to cough up to customers whom it cheated over the years, it certainly needed transforming. In the second quarter it had to make additional provision of […]