Andrew Hore – Quoted Micro 27 November 2017
NEX EXCHANGE Kryptonite 1 (KR1) has invested $986,000 in DOT tokens, which are related to the Polkadot Project. A total of $150m was raised to finance the development of a decentralised protocol that allows trust-free movement of tokens and data between blockchains., that will also be able to create new parachains instead of starting a […]
Andrew Hore – Quoted Micro 20 November 2017
NEX EXCHANGE Clean Invest Africa (CIA) raised £530,000 at 0.4p a share and joined the NEX Exchange Growth Market on 14 November. The founders subscribed for shares at 0.25p each during September and October. The expected admission price was 1p and the share price ended the week at 1.45p (1.3p/1.6p). That values the company at […]
Quoted Micro 13 November 2017
NEX EXCHANGE Blockchain investment company Coinsilium Group Ltd (COIN) has signed a memorandum of understanding with UMT United Mobility Technology, which has shares traded on the Frankfurt Stock Exchange and owns 3% of Coinsilium, to collaborate on the development of blockchain-related mobile payments services for the business to consumer market. Coinsilium will advise UMT on […]
UK High Street – Not In Good Health ?
Sainsbury SBRY hs been forced to cut its interim dividend by 14% to 3.1p. Despite all the hype about outperforming this and growing market share in challenging conditions etc etc, in the end it was forced to choose between sticking to its strict policy of paying an interim dividend equal to 30% of the prior […]
M&S – Decline In All Sectors Produces Rise of 2%
Marks & Spencer MKS CEO Steve Rowe comes out of his corner fighting with claims that in the half year to the end of September, good progress has been made on the immediate burning issues which he faced a year ago, and that Marks is now a robust and profitable business. Only in Food are […]
easyJet Still Flying High
easyJet EZJ October passenger statistics showed a rise of 9.9% in passengers carried and load factor increased yet again to 92.5pp up by 2.3%. On a rolling 12 months basis the figures were 10% and 1.5pp. Ortac Resources OTC is to acquire an additional 33.82% of Casa Mining Ltd and will be making an offer […]
Quoted Micro 6 November 2017
NEX EXCHANGE Chapel Down Group (CDGP) says that the 2017 harvest was second best in the company’s history. There was a 10% volume increase on the previous year. The quality was also good. There had been fears for the harvest because of the frost in April but Chapel Down sources from a wide range of […]
WPP Uppish And Downish And Flat
WPP plc WPP has seen a steady decline since the beginning of the year and the third quarter saw results which managed to be up and down at the same depending on which currency they are in. The year started with first quarter rises in sales and revenue of 4.8% and 3.6% respectively and ending […]
British Minnows Swimming Strongly
Today brings more evidence of the strength of small, even tiny, British companies which are prospering and growing strongly. No complaints from them about Brexit, challenging market conditions, the weakness of the pound and all the other moans which issue forth on a daily basis from so many of our major companies who have become […]
Quoted Micro 30 October 2017
NEX EXCHANGE The government proposal to drop plans to cap housing benefit in the supported living sector to Local Housing Allowance rates is good news for Ashley House (ASH) because the rates would not have been viable. Ashley House has development schemes that could go-ahead following the change of government plans. There could still be […]