Andrew Hore – Quoted Micro 25 March 2019
NEX EXCHANGE Good Energy (GOOD) increased full year revenues from continuing operations from £104.5m to £116.9m, helped by last winter’s cold weather and a price increase, and pre-tax profit recovered from £700,000 to £1.7m. The renewable electricity supplier and generator has increased its dividend from 3.3p a share to 3.5p a share. Net debt was […]
Andrew Hore Quoted Micro 25 February 2019
NEX EXCHANGE Western Selection (WESP) has reported a 22% decrease in NAV to 75p a share, due to the decline in smaller quoted company share prices. The NAV has recovered to 79p a share. The investment in Swallowfield (SWL) declined by nearly one-third and the value of the Bilby (BILB) stake fell by two-fifths in […]
Andrew Hore – Quoted Micro 14 January 2019
NEX EXCHANGE Bruce Pubs (PUB) has raised £100,000 from an issue of 7.2% bonds and trading has commenced on NEX. The pubs operator wants to raise up to £20m. The cash will be used to acquire pubs in Scotland. Bruce owns 18 licenced premises with another licence pending. Bruce Pubs is a subsidiary of the […]
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 […]
Andrew Hore – Quoted Micro 25 June 2018
NEX EXCHANGE Shareholders have agreed to the proposed broadening of investing policy for Sativa Investments (SATI) and the first acquisition under the new policy is George Botanicals. Sativa paid £415,000 in cash and shares for the UK-based wholesaler and distributor of cannaboid medicinal products, including CBD oil. The company is being acquired from the […]
Andrew Hore – Quoted Micro 15 January 2018
NEX EXCHANGE Wines maker Chapel Down Group (CDGP) says that its open offer at 50p a share was oversubscribed. Excess applications will be scaled back. The additional £1.47m raised takes the total to £20m. BlackRock holds a 5.79% stake and Nigel Wray owns 16.2%. Startup Giants (SUG) has made its first investment since floating. An […]