Spire by St Brides

Stanley Gibbons Throws in the Towel

Stanley Gibbons SGI has completed a restructuring programme which included a complete overhaul of the board and the executive leadership, costs have been reduced by some £10m and parts of one division have already been sold off but in the end  it looks like things are so bad that value for shareholders can only be […]

Quoted Micro 12 June 2017

NEX EXCHANGE Brewer and pubs operator Daniel Thwaites (THW) says that net debt has increased from £34.1m to £47.6m at the end of March 2017 because of investment in the brewery and pubs plus acquisitions. The benefits of this investment is starting to show through. Full year revenues from continuing operations were slightly lower at […]

Midcap Bonanza among FTSE250 stocks

After the Brexit inspired sell-off, thanks to rising earnings, the FTSE 250 index has recovered sharply to hit record highs and post gains significantly in excess of the benchmark FTSE 100. At the time of the referendum, the slide in sterling was expected to be a disaster for UK plc, especially for those companies without […]

How To Destroy A Nations Wealth

A nations wealth is its currency and tonight we have seen the pound collapse because of the stupidity of a politician who underestimated the intelligence of the British electorate, an electorate which has seen through her cynical ploy of calling an unnecessary election only two years after the last one. The nation voted in 2015 […]

boohoo Revenue Surges

boohoo.com BOO now expects full year growth to February 2018 will be about 60% and ahead of previous guidance for revenue growth by some 50%. Group revenue for the quarter to 31st May increased by 106%, or on a like for like basis by 78% Auto Trader Group AUTO will have a happy band of […]

First Sales for Scottish Gold

Scotgold Resources SGZ has signed its first ever agreements for the sale of Scottish gold. This agreement covers the first refining batch (approximately 16oz) of Scottish Gold made available for jewellery (and only the second refining batch produced to date) from Scotgold’s Bulk Processing Trial (BPT) at the Cononish Gold and Silver Mine. The buyers […]

AO World Leveraging For Future Territorial Category Roll Out

AO WORLD plc AO.  Group operating losses for the year to 31st March rose from £10.6m to £12m despite a 25% rise in UK operating profit, after further gains were made in market share and a 12.7% rise in UK revenue. The UK figures were quite pedestrian compared to Europe which in constant currency terms produced […]

Westminster Group Facing “Unprecedented Growth”

Westminster Group WSG claims that the trials and tribulations of the last few years are now behind it. Revenue for the year to the end of December rose by 31% enabling it to make an EBITDA profit of £25,000 compared to the previous year’s loss of £300,000. The loss per share has been reduced by […]

Weak Sterling Helps Save The Day For First Group

First Group FGP claims a significant improvement in operating results for the year to 31st March despite a mixed trading environment and with the benefit of a large helping hand from favourable currency movements. Profit before tax increased by 34.4%, earnings per share by 24% and statutory operating profit by 15.1%. Revenue was up by […]