Quoted Micro 3 May 2016
ISDX Markets operator WMC Retail Partners (WMC) reported a sharp fall in revenues and profit in 2015. That was due to the loss of the Old Spitalfields Market contract in January 2015. Revenues were reduced from £6.08m to £4.31m, while pre-tax profit dived from £369,000 to £13,000. That profit was after fair value movements in […]
Quoted Micro 25 April 2016
ISDX Wine and beer maker Chapel Down (CDGP) reported a one-third increase in 2015 revenues but a smaller increase in profit. The investment in an additional 90 acres of vineyards should provide further impetus in the coming years. Wine sales were 27% higher last year. Revenues increased from £6.11m to £8.18m and underlying profit improved […]
Quoted Micro 18 April 2016
ISDX BWA Group (BWAP) is still seeking a reverse takeover target. Trading in the shares has recommenced after a potential reverse takeover, where talks started 12 months ago, fell through. A settlement has been agreed with the potential target which will lead to a cash inflow of £76,311 for BWA. This will be recognised in […]
Quoted Micro 11 April 2016
ISDX DagangHalal (DGHL), which operates DagangHalal.com, a global e-commerce platform that provides Halal verification, joined the ISDX Growth Market on 7 April. Prior to the flotation Malaysian investors subscribed £3.9m and a placing with UK investors raised £300,000. The original website was launched in 2008 and the company also has an online database of Halal […]
Quoted Micro 4 April 2016
ISDX Hearing aids and mobility products retailer DHAIS (DHAP) fell into loss in the first half on slightly lower revenues. Costs increased in the mobility division and the focus will be on the hearing aids business. A store in Swindon was sold but DHAIS is still selling hearing aids from the site. In the six […]
Quoted Micro 29 March 2016
ISDX Brewer Adnams (ADB) improved its 2015 profit on flat turnover of £65.7m. Costs were reduced and pre-tax profit improved from £3.89m to £4.07m, after a steady contribution of £625,000 from property disposals. A £7m investment will help to improve the brewery. The Suffolk-based company has reduced its pension liability from £11.5m to £3.2m and […]
Quoted Micro 23 March 2016
ISDX Trading in the bonds of Carduus Housing (CHPB/CHP2) has been suspended pending clarification of its financial position. It is noticeable that the suspension announcement is the first not to include managing director Brian Gilmour as the contact name. Instead fellow director Drew Oswald is named at the end of the release. Carduus joined ISDX […]
Quoted Micro 14 March 2016
ISDX Wheelsure Holdings (WHLP), which develops locking nut devices for railway tracks, has been introduced to new potential customers in the US and Europe for its Tracksure products and it is undertaking a review of its resources and indentifying opportunities in other sectors. Tracksure already sells to the Norfolk Southern Railroad and potential US customers […]
Quoted Micro 6 March 2016
ISDX Brewer Shepherd Neame (SHEP) reported a lower brewing profit but this was made up for by a higher contribution from managed pubs in the six months to December 2015. However, the National Living Wage and other costs will increase by £1.1m in the next financial year and management is cautious about the prospects for […]
Quoted Micro 29 February 2016
ISDX Investment company Western Selection (WESP) reinvested part of the proceeds of its disposal of shares in marketing services firm Creston in gas maintenance services provider Bilby last July and it is already showing a significant gain. This helped offset a further decline in the value of the stake in Northbridge Investment Services. Net cash […]