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Ian Pollard – Clarkson #CKN belatedly admits problems

Clarkson CKN expects both first half and full year profits to be materially below those of last year after the first  quarters financial performance fell below the boards expectations. Blame is put on a challenging environment in shipping and offshore capital markets, which caused transactions to be put back, lower freight rates hit the tanker […]

Andrew Hore – Quoted Micro 23 April 2018

NEX EXCHANGE    Sativa Investments (SATI) is acquiring a 51% stake in George Botanicals from Carbon Managers, where Sativa boss Geremy Thomas is 100% owner, for £200,000. Thomas was not involved in the decision making concerning this investment. He was the founder of former AIM company PNC Telecom and invested in George Botanicals before Sativa […]

Ian Pollard – Weir Group #WEIR, 50% rise in oil, gas & shale revenues

Weir Group plc WEIR performed strongly in its main markets and first quarter orders grew by 22%, with minerals up by 13%. Oil and gas led the way with a 50% rise after strong drilling and completion activity in North American onshore. Further success was encountered as it became the preferred provider to major shale […]

Ian Pollard – Is ABF-Primark losing its star quality rating?

Associated British Foods ABF Interim results for the 24 weeks to the 3rd March produced a rise of 1% in profit before tax and rises of 3% in the interim dividend and adjusted earnings per share.On a statutory basis, operating profit was down 3%. All of the groups businesses, with the exception of sugar, produced […]

Multichannel Podcast – Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON

Multichannel Podcast – Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON. Hugo discusses the recent A$6m fundraising and the participation of major mining institutional investors Blackrock and Old Mutual Global Investors. The funds will be used to explore and develop the Couflens project in S France, which includes Salau, the World’s highest grade tungsten mine. […]

Andrew Hore – Quoted Micro 16 April 2018

NEX EXCHANGE    London Nusantara Plantations has become Panther Metals (PALM) and it has sent out notice of a general meeting on 1 May to enable directors to issue up to one billion shares. This power will expire after 15 months. The company is issuing 17 million shares at 0.1p a share to pay a […]

Ian Pollard – Sage revises margins from 27.5% to 27.5%

Sage Group plc SGE The update for the half year to 31st March indicates that all is not well and makes for some   peculiar reading .Full year guidance for 2018 organic operating margins has been revised from 27.5% to believe it or not, 27.5%. For the first half year organic revenue growth of 6.3% is […]

Tungsten Outlook 2018: Will Supply Disruptions Continue? – Tungsten Investing News

Excerpt from article by Priscila Barrera, first published Dec 21, 2017 What is the tungsten outlook for the year ahead? Market participants discuss what happened in 2017 and what could be next in 2018. This time last year, analysts believed tungsten could see a recovery in prices, and their predictions turned out to be correct. The metal’s price rebounded […]