Andrew Hore – Quoted Micro 21 September 2020
AQUIS STOCK EXCHANGE Renewable energy supplier Good Energy (GOOD) improved interim revenues by 6% to £67.5m. Gross margins declined as Good Energy focused on business customers. There was a slump from profit to loss, partly down to expected credit losses. There is no interim dividend, but payments should resume next year. Newbury Racecourse (NYR) reported […]
Andrew Hore – Quoted Micro 20 April 2020
AQUIS STOCK EXCHANGE EPE Special Opportunities (ESO) increased its NAV by 54.6% to 317.18p a share in the year to January 2020. The main gains are from fully listed Luceco (LUCE), although the share price has fallen back since then, and Whittard of Chelsea. Whittard closed its 49 stores during March. The focus is conserving […]
Andrew Hore Quoted Micro 2 December 2019
NEX EXCHANGE Coinsilium (COIN) has signed a memorandum of understanding with Devmons to set up a joint venture using Coinsilium’s existing Gibraltar subsidiary TerraStream. The company will offer blockchain software and systems development. Devmons supplies the technology development expertise. More details will be published when the agreement is signed, and it is hoped that operations […]
Andrew Hore Quoted Micro 29 July 2019
NEX EXCHANGE Inqo Investments Ltd (INQO) is investing in the South Lake Medical centre in Kenya. Other investors include Johnson and Johnson’s social impact fund. The total investment is $950,000, but Inqo’s contribution is not quantified. The medical centre was previously owned by a flower growing business and it caters for its workers. Clean Invest […]
Ian Pollard: Trakm8 Expects Second Half Profit + Updates on DX Group #DX Taptica International #TAP Versarien #VRS and Firestone Diamonds #FDI
Trakm8 Holdings plc TRAK Confirms that for the third quarter of the year ending 31st March 2019, the Group has seen orders grow in challenging markets as well as implementing a rigorous cost saving programe. The final quarter has benefited from a strong start with a revamped sales team. The Directors anticipate that the second half […]
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 7 May 2018
NEX EXCHANGE Forbes Ventures (FOR) has sold its stake in KCR Residential REIT (KCR) for £145,000. The remaining investment is in challenger bank Civilised Investments Ltd. Nigel Quinton, who has run two building societies, has been appointed as finance director of Forbes. Igor Zjali has become a non-executive director. The investment strategy covers disruptive […]
Quoted Micro 16 October 2017
NEX EXCHANGE This month marks the 22nd anniversary of the launch of NEX Exchange, although it was then originally called Ofex. A number of companies have gone on to bigger things, including Genus, which is in the FTSE250 index and accesso Technology, which is one of the top 50 companies on AIM. Further information can […]
Quoted Micro 28 August 2017
NEX EXCHANGE Good Energy (GOOD) and Ecotricity have come to an agreement that means the latter has withdrawn its requisition of a general meeting. No details were released about the reasons behind the withdrawal. Cadence Minerals (KDNC) is in talks to sell part of its 16.1% stake in AIM-quoted Bacanora Minerals (BCN) to a strategic […]
Sylvania Platinum On A Roll
Sylvania Platinum SLP The year to the 30th June saw basic earnings per share rise by 139 % whilst profit after tax surged from $3.73m to $8.87m. Group EBITDA was up by 65% and group revenue rose by 28%. The equation was further helped by a fall of 12% in general and administrative costs. Sylvania […]