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Ian Pollard – Saga Blames Profits Fall On Cost Savings

Saga plc SAGA In its preliminary results for the year to 3st January Saga comes out with the statement that the fall of 7.6% in like for like profit before tax is due (inter alia) to cost savings. No wonder the CEO admits that it has been a challenging few months for the company with […]

Apollo Minerals #AON – Completion of Institutional Placement

Apollo Minerals Limited is pleased to advise that it has completed its previously announced placement of 26.1 million shares to Institutional Investors to raise A$6.0 million before costs.  The placement was made to leading European institutions including one of the world’s largest mining funds.  Proceeds from the placement will be used to accelerate planned exploration […]

Ian Pollard – Sharp profits fall at Card Factory

Card Factory plc CARD seems undecided as to how to explain the impact of increased costs which it blames for a fairly large drop in profits whilst at the same promising another special dividend for shareholders of between 5-10p per share with the half year results. The problem is that apart from increased foreign exchange costs […]

Andrew Hore – Quoted Micro 9 April 2018

NEX EXCHANGE    Good Energy (GOOD) has renewed its offshore wind power deal with Orsted for a further two years. This secures 12% of the output of a North Sea wind farm and this can power more than 26,000 homes. Generation has been ahead of expectations. KR1 (KR1) has announced its latest investments. An investment […]

Ian Pollard – Big Rollers Deserting Rank

Rank Group plc RNK In the 40 weeks to the first of April the digital business has continued to trade strongly but like for like revenue at Mecca and Grosvenor Casinos fell by 2% and 3% respectively.  In quarter three the fall at casinos turned into a slump with like for like revenues falling by […]

Ian Pollard – Entertainment One Sees Revenue Jump By 50%

Entertainment One ETO reports that reported revenues for the year to 31st March are expected to be 50% higher than in the previous year, following a robust performance which saw the the strong first half continue into the second half of the year, with Film getting a special mention for its strength in he second […]

Apollo Minerals (AON) – Institutional Placement to Raise A$6m

ASX RELEASE | 4 APRIL 2018 | ASX:AON  Institutional Placement to Raise A$6.0 Million  Apollo Minerals Limited (“Apollo Minerals” or the “Company“) is pleased to advise that the Company will make a placement to Institutional Investors of 26.1 million shares at A$0.23 per share to raise A$6.0 million before costs.  The placement is being made […]