Andrew Hore – Quoted Micro 3 June 2019

NEX EXCHANGE BWA Group (BWAP) has conditionally agreed to acquire share capital of a company with rights to five mining projects, predominantly in Quebec. The company is majority owned by Canadian Stock Exchange listed St-Georges Eco-Mining Corp and the total cost of the deal is C$7.5m (£4.3m). This will be paid in unlisted, convertible, interest-free […]

Andrew Hore Quoted Micro 4 March 2019

NEX EXCHANGE Proton Partners International (PPI) joined NEX on 28 February and from day one it became one of the largest companies on the market. The introduction price was 225p, valuing the proton beam therapy provider at £334m, and the share price ended the week at 2275p (210p/245p). Woodford-related interests own 41.9% of Proton (www.proton-int.com) […]

Andrew Hore – Quoted Micro 28 January 2019

NEX EXCHANGE Full year figures from AFH Financial Group (AFHP) show how successful its acquisition strategy is with revenues 51% higher at £50.7m and pre-tax profit that nearly doubled to £6m. Despite the additional shares issued to part-finance these acquisitions, underlying earnings per share were one-third higher. The dividend is 50% higher at 6p a […]

Andrew Hore – Quoted Micro 21 January 2019

NEX EXCHANGE Sport Capital Group (SCG) is acquiring Italian football club Palermo for a nominal sum. The deal also includes the project for a new stadium for the Serie B team, which is currently five points clear at the top of the table. Promotion back to Serie A would boost revenue generation and it would […]

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 […]

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 […]