Spire by St Brides

Quoted Micro 1 May 2017

NEX EXCHANGE Cyber security technology developer and consultancy Crossword Cybersecurity (CCS) continues to scale up its business and there is a product launch planned for this summer. In 2016, revenues jumped from £21,000 to £345,000 but the loss increased from £755,000 to £950,000 – even after £78,000 of R&D tax credits. There was £1.55m in […]

Lloyds Admits To “Positive Operating Jaws”

Lloyds Bank LLOY admits to having “positive operating jaws” which helped it to produce a strong first quarter financial performance and a significant improvement in statutory profit before tax, despite disagreeing with the house builders (see below) about the state of the UK economy, which the bank says still presents a challenging operating environment. As […]

Plus 500 (PLUS) in fine shape – looks set to close the valuation gap in the coming months says VectorVest.

Plus500 Ltd, (PLUS.L), formerly Investsoft Ltd., is an Israel-based company, which develops and operates online trading platforms for retail customers to trade contracts for difference (CFDs) internationally over more than 1,700 different underlying global financial instruments, comprising equities, exchange traded funds (ETF), foreign exchange, indices and commodities. The Company offers its service to retail customers […]

Crawshaw Cancels Dividend After Customers Desert

Crawshaw CRAW  having been forced to cancel its final dividend has had the audacity to claim that the year to the 29th January was a year of strategic progress. The only progress, strategic or otherwise, was that management at last woke up to the fact that it had ceased to “resonate” with customers who had […]

Whitbread Raises Dividend by 6%

Whitbread plc WTB is increasing its full year dividend by 6% after another year of strong sales and growth. Revenue for the year to 2nd March rose by 8.2% and underlying profit before tax by 6.2%. On a like for like basis revenue at Premier Inns increased by 2.3% after achieving an occupancy rate of […]

Computacenter Lags Behind in UK

Computacenter CCC has enjoyed buoyant market conditions in quarter one and believes that its 2017 performance will exceed current market expectations. Revenue in Germany was particularly strong with a rise of 32% in the quarter to the 24th April and France managing 6%. As seems to be happening so frequently this year, the UK lagged […]

Quoted Micro 24 April 2017

NEX EXCHANGE Chapel Down Group (CDGP) reported a one-quarter increase in group revenues to £10.2m in 2016, however, £3.44m of these revenues came from associate brewing company Curious Drinks, which is no longer consolidated following last year‘s fundraising. Chapel Down owns 49.79% of Curious Drinks voting shares but has a 90.2% economic share of the […]

Reckitt Benckiser laps strong sell-in and suffers.

Reckitt Benckiser Gp. RB. If you have a copy of RB’s jargon handbook then you might be able to glean some understanding of what they are trying to say in todays trading update which is an insult to to the intelligence of its shareholders. Generally RB is performing as it expected and quite strongly. Like […]

Debenhams offers a fun social time as profits slide

Debenhams DEB Where shall we take the kids today, darling ? What about Debenhams for a fun social time? Daddy. daddy yes, pleeease ! There used to be only one reason to go to Debenhams and management appears to have completely forgotten what that was.  It was to shop and buy things, you dunderheads. If […]