Ian Pollard: National Express (NEX) – Another Record Breaking Set Of Results

National Express NEX is delighted to have again delivered a record-breaking set of results.  Group revenue rose by 5.6%, profit before tax by 10% and basic earnings per share by 13.1%. It is again proposed to increase the final dividend by 10 per cent.. Growth in the UK was very strong at 12.6% compared to […]

Andrew Hore Quoted Micro 25 February 2019

NEX EXCHANGE Western Selection (WESP) has reported a 22% decrease in NAV to 75p a share, due to the decline in smaller quoted company share prices. The NAV has recovered to 79p a share. The investment in Swallowfield (SWL) declined by nearly one-third and the value of the Bilby (BILB) stake fell by two-fifths in […]

Tertiary Minerals plc (TYM) Result of AGM

Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, held its Annual General Meeting (“AGM”) today and is pleased to announce that all resolutions were duly passed. The following proxy votes were received in respect of the resolutions.   1. Ordinary Resolution:  To receive the Accounts and Reports of […]

Ian Pollard Victoria Plc (VCP) Politely Invites Shareholders To Take A Walk

Victoria plc VCP decided to take advantage of difficult market conditions to  pursue market share. The Board now recognises this impacted earnings this year and has unsettled some shareholders. It believes however that the strategy is in the best long-term interests of the Group and its shareholders and appears in effect to have told the […]

Andrew Hore – Quoted Micro 18 February 2019

NEX EXCHANGE National Milk Records (NMRP) increased its interim revenues from £10.5m to £11.7m, although some of this was due to seasonal factors and one-off testing business. Pre-tax profit improved from £0.96m to £1.13m. Net debt was £2.06m at the end of December 2018. Every part of the business grew its revenues. Milk volumes are […]

Ian Pollard: TUI Impacted By Heatwave And Headwinds

TUI AG TUI has seen its first quarter performance so impacted by accountancy adjustments that the figures have become virtually meaningless due to the first-time application of IFRS 15 and of IFRS 9 in the previous year.  The best that that can be said is that  performance has been in line save for markets and airlines which were […]

Andrew Hore – Quoted Micro 11 February 2019

NEX EXCHANGE Primorus Investments (PRIM) says that investee company Sport:80 has delayed its flotation because it has been tidying up its shareholder register. Fintech company Engage Technology is also seeking to float later in 2019 following new product launches. Engage raised £2.6m at £22 a share at the end of 2018, whereas the average buying […]

Andrew Hore – Quoted Micro 4 February 2019

NEX EXCHANGE Property investor Ace Liberty and Stone (ALSP) increased its rental income by one-third to £1.95m in the six months to October 2018. Profit from continuing operations improved from £218,000 to £271,000 and a dividend of 0.83p a share has been announced. Four properties have been purchased since April 2018 and Hume House was […]

Alan Simpson, Chief Technology Officer, Catenae Innovation P.L.C. (LON:CTEA) Interview

Catenae (AIM: CTEA), the AIM quoted provider of digital media and technology announces the following changes to its senior Management team and Board. Proposed appointment of Alan Simpson CTO to the Executive Board Alan is a highly regarded technologist with vast experience in a number of high-profile projects in a career ranging from Military Cryptologist […]

Ian Pollard: Countryside Properties – Average Selling Prices Broadly Flat

Countryside Props plc CSP Total completions in the first quarter from the 1st October to the 30th December rose by 28 % and the forward order book by 78%. The strong growth in completions was driven by a sharp increase in affordable homes, up 52%  and Private Rental Sector, up 66% . This was due […]