Quoted Micro 25 September 2023

AQUIS STOCK EXCHANGE Aquis Stock Exchange owner Aquis Exchange (AQX) reported interims showing growth in all four divisions of the group and the Aquis Stock Exchange remains profitable. Group revenues improved from £7.85m to £9.34m, while pre-tax profit rose from £699,000 to £1.15m. Net cash is £13.9m. Brewer Adnams (ADB) says trading improved in the […]

Quoted Micro 24 October 2022

AQUIS STOCK EXCHANGE Chapel Down Group (CDGP) had a bumper grape crop in terms of quality and yield. Chapel Down has 750 acres of vines and the harvest was more than 2,000 tonnes, up from 1,400 tonnes last year, with a particularly good crop for sparkling wines. The English sparkling wine market grew by 29% […]

Ian Pollard: ABF – Primark Faces 2% Like For Like Decline

Associated British Foods ABF expects a small reduction in adjusted operating profit as it enters the close period for its interim results for the 24 weeks to 2 March 2019. Despite this, sales growth is expected from all the businesses with the exception of Sugar but this is obviously not the ABF of old. For […]

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 10 September 2018

NEX EXCHANGE         Ananda Developments (ANA) is acquiring 15% of UK-based Liberty Herbal Technologies Ltd, which is the owner and developer of hapac, a technology for vaping cannabis. The investment cost £460,000 and Ananda has the right of first refusal for any further fundraisings in the next two years. The technology can be used to […]

Ian Pollard – Footasylum #FOOT impacted

Finsbury Food Group FIF has acquired 100% of the share capital of Ultrapharm Limited a specialist Free From bakery manufacturer with site in the UK & Poland. Finsbury claims that the acquisition  supports the Group’s ongoing strategy to further diversify its product capability into high growth areas. Tax Systems plc TAX enjoyed a strong first […]

Ian Pollard – Will bullying Melrose #MRO shareholders win the day?

Melrose MRO Today the gloves are off as Melrose goes to war in its attempts to persuade GKN shareholders to abandon its company. If ever an example was needed as to how the City is no longer a place for gentlemen, Melrose provides it with a hectoring, bullying diatribe threatening GKN shareholders with the terrible […]

Ian Pollard – Countryside Properties -A Lesson in Clarity and Profitability

United Utilities UU must have decided to make its half year report as obscure and meaningless as possible. Thus it is full of PR19S, ODIs, RCV Gearing and the latest craze, System Thinking. What it wont do because presumably it would make the figures for the 6 months to the end of September too easy […]

Finsbury Food Faces Up to A Deflationary Market

Finsbury Food Group FIF claims it produced a strongly resilient performance in the year to 1st July, as it faced the challenges of a deflationary market which saw group like for like revenue remain flat. A final dividend of 2p per share is to be paid making a total of 3p for the year, a […]