Andrew Hore: Quoted Micro 22 October 2018
NEX EXCHANGE Sativa Investments (SATI) has signed heads of terms for an option on a lease for a 7.53 acre site in Wiltshire that would be used for medicinal cannabis production. There will be a 25-year lease. The cost of the development could be more than £10m. Sativa has already raised £3.75m at 6p […]
Cadence Minerals (KDNC) – Director Share Purchases
As announced in December 2017 the Directors all entered into a Defined Director Purchase Programme (“DDPP”) in which they will each purchase £1,000 of ordinary shares per month for 12 months. These shares will be purchased from the market on the first Friday of each month starting on 2nd February 2018 and ending the 4th […]
Andrew Hore – Quoted Micro 8 October 2018
NEX EXCHANGE National Milk Records (NMR) is recommending a dividend of 2.5p a share after it moved from an operating loss of £11.9m to an operating profit of £1.9m in the 12 months to June 2018. If one-offs are stripped out, then the operating profit has improved from £1.1m to £1.9m. Net debt is […]
Andrew Hore Quoted Micro 1 October 2018
NEX EXCHANGE Brewer Shepherd Neame (SHEP) managed to edge up its profit despite flat turnover of £156.6m in the year to June 2018. Underlying pre-tax profit was 5% ahead at £11.8m. The total dividend is 3% higher at 29.2p a share. Growth came from the managed pubs but there was a decline in the […]
Ian Pollard: Dairy Crest Slightly Ahead At Half Time
Dairy Crest Group DCG expects profit for the half year to the 30th September to be slightly ahead of last year, with revenue driven by strong performances from its two largest brands, Cathedral City and Clover. Cathedral City continues to go from strength to strength reports the company and several new products will be released […]
Andrew Hore: Quoted Micro 17 September 2018
NEX EXCHANGE Renewable energy supplier Good Energy (GOOD) reported a 19% increase in interim revenues to £61.8m. Pre-tax profit has more than trebled to £2.4m, if discontinued activities, including the investment in the proposed Swansea Bay Tidal Lagoon, are excluded. The interim dividend is unchanged at 1p a share. A brand relaunch is planned […]
Ian Pollard: JD Sports #JD – More Records
JD Sports Fashion JD delivered another record result with profit before tax for the 26 weeks ended 4 August 2018 increasing by a further 19%.and revenue up by 35% despite reports of market conditions continuing to be challenging. Like for like revenue rose by 3% and basic earnings per share by 24%.The interim dividend is […]
Ian Pollard: Melrose #MRO Delighted With GKN
Melrose Industries MRO is delighted with its acquisition of GKN, and the significant potential for improvement identified when it made its offer. Plans are now being implemented to realise the full potential of GKN’s world leading, but currently underdeveloped, businesses. The interim dividend for the six months to the 30th June is being raised by […]
Cadence Minerals (KDNC) – Macarthur Minerals (TSX-V: MMS) Identifies Multiple Priority Metal Sulphide Targets at Lake Giles.
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to note that Macarthur Minerals (“Macarthur”, TSX-V: MMS) has identified three high priority nickel sulphide targets at Macarthur’s Lake Giles project in Western Australia. The targets were derived from a recent geophysical survey using Moving Loop Electromagnetics (“MLEM”). Surveying at Moonshine successfully delineated two bedrock conductors, MC01 […]
Andalas Energy & Power #ADL – Conditional Acquisition of Indonesian oil project
Andalas Energy and Power Plc, the AIM listed oil and gas company (AIM: ADL), is pleased to announce it has entered into a conditional agreement to acquire an interest in the Bunga Mas Production Sharing Contract (the “Bunga Mas PSC” or the “PSC”), located in South Sumatra, Indonesia. Highlights: Acquisition of initial 25% participating interest […]