Quoted Micro 2 January 2022
AQUIS STOCK EXCHANGE Invinity Energy Systems (IES) says that 2023 revenues will be better than expected because of the order inflow in recent months and delayed contracts. The 2023 forecast was raised from £20.6m to £23.7 in September. The battery storage technology developer will still make a significant loss even with higher revenues. Oberon Investments […]
Andrew Hore – Quoted Micro 20 January 2020
NEX EXCHANGE NQ Minerals (NQMI) generated gross revenues of A$15.5m and gross profit of A$7.4m from Hellyer gold mine in the fourth quarter. Full year revenues were A$53.9m and operating profit was A$12.2m. The profit grew steadily quarter by quarter. NQ has raised £311,000 at 7p a share. In December, £300,000 was raised at 6.5p […]
Andrew Hore – Quoted Micro 23 December 2019
NEX EXCHANGE Trading in the shares of Barkby Group (BARK) following the publication of the prospectus for the reverse takeover of the Dickson group companies and move to AIM. There will also be a share consolidation of 193 shares into 74 new shares. Barkby is paying £30.6m, predominantly in shares with £750,000 in cash, and […]
Andrew Hore Quoted Micro 18 November 2019
NEX EXCHANGE Trading in the shares of Barkby Group (BARK) has been suspended ahead of further information about a proposed reverse takeover. The acquisition of a group of companies referred to as the Dickson controlled entities is expected to cost £30m, predominantly paid in shares. There will also be a share placing to provide working […]
Andrew Hore Quoted Micro 30 September 2019
NEX EXCHANGE Peel Hunt has edged up its pre-tax profit forecast for brewer and pubs operator Shepherd Neame (SHEP) following the publication of its figures for the year to June 2019. They showed revenues of £145.8m and pre-tax profit of £11.4m, which was slightly better than expected. Brewing profit more than halved to £900,000 after […]
Andrew Hore – Quoted Micro 26 August 2019
NEX EXCHANGE Walls and Futures REIT (WAFR) grew revenues by one-third to £136,000 but the ethical housing provider moved from profit to loss. In the year to March 2019, revenues improved from £103,000 to £136,000. The main reason behind the reported loss was a reduction in the gain on revaluation of assets from £198,000 to […]
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 18 March 2019
NEX EXCHANGE Peel Hunt forecasts a dip in Shepherd Neame (SHEP) pre-tax profit from £11.8m to £11.2m in the year to June 2019. The broker still expects the total dividend to be increased from 29.2p a share to 30p a share. Etaireia Investments (ETIP) has suspended Ian Fellman as a non-executive director pending investigation into […]
Andrew Hore – Quoted Micro 11 March 2019
NEX EXCHANGE Brewer Shepherd Neame (SHEP) reported a 1% increase in underlying 2018 pre-tax profit of £5.9m. Pubs provided higher revenues and profit, while the brewery reported a reduction in profit contribution due to the ending of third party contracts and a small decline in volumes of its own beers and ciders. The brewing volumes […]
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 […]