Andrew Hore – Quoted Micro 5 February 2018

NEX EXCHANGE    Health and community care property developer Ashley House (ASH) reported a decline in interim revenues from £10.7m to £7m and the company fell into loss. A second half recovery should mean that full year revenues will be flat at £18.7m but there will be a full year profit of £1.8m. The new […]

Quoted Micro 2 October 2017

NEX EXCHANGE Newbury Racecourse (NYR) reported a slightly lower interim operating loss of £268,000 on revenues 10% higher at £7.04m. More racedays helped the racing operations but there were fewer other events which offset that. The nursery business made a much better contribution. Investment in the racecourse continues and income from residential property development of […]

Quoted Micro 4 September 2017

NEX EXCHANGE Gowin New Energy Group Ltd (GWIN) is moving into the tea market, where its chief executive already has experience. Gowin intends to buy a 15% stake in a Cayman Islands-registered tea business and this new business will link up with experience of the industry that are based in Taiwan. The plan is to […]

Quoted Micro 12 September 2016

ISDX Mechan Controls (MECP) reported a rise in pre-tax profit from £180,000 to £271,000 on flat revenues of £1.9m in the six months to June 2016. There was £1.08m in the bank. Mechan has declared an interim dividend of 1.1725pa share and the ex-dividend date is 15 September. Trading conditions are better than one year […]

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 […]