Andrew Hore – Quoted Micro 17 December 2018
NEX EXCHANGE Ecommerce software provider Netalogue Technologies (NTLP) moved into profit in the first half and had £648,000 in the bank at the end of September 2018. Revenues increased by £168,000 to £647,000, even though subscription-based pricing is reducing the initial revenues from B2B clients. A loss of £60,000 became a pre-tax profit of […]
Ian Pollard: NMC Health Comfortable Contradictions – And Jargon A Plenty
NMC Health plc updates that management remains comfortable with and reiterates guidance for 2018 and 2019 whilst at the same time contradicting itself with statements that it is delivering further positive operational progress, enjoying strong growth and improving second half cash flow. The update then repeats the updated figures for full years 2018 and 2019 […]
Andrew Hore – Quoted Micro 21 May 2018
NEX EXCHANGE Newbury Racecourse (NYR) grew 2017 revenues from the nursery, hotel and media operations. There was a 11% increase in raceday attendances, which totalled 196,000 last year, leading to a 1% like-for-like rise in revenues. Overall revenues were 5% higher at £17.8m, while underlying pre-tax profit edged up from £178,000 to £188,000. There […]
Andrew Hore – Quoted Micro 18 December 2017
NEX EXCHANGE Wine and beer maker Chapel Down Group (CDGP) has raised £18.53m at 50p a share and could raise up to £1.47m more via a one-for-35 open offer at the same share price. The latest acceptance date is 5 January. Chapel Down will invest in an additional 500 acres of vineyard land and more […]
Ian Pollard – Copper And Oil & Gas Recoveries Help Weatherly & Hardide
Weatherly International WTN saw a noticeable improvement in the copper price during the year to 30th June, since when they have improved even further and reached three year highs. Operating and environmental challenges during the year meant that production fell below target but the board is cautiously optimistic about prospects for the current year. Hardide […]
Quoted Micro 30 October 2017
NEX EXCHANGE The government proposal to drop plans to cap housing benefit in the supported living sector to Local Housing Allowance rates is good news for Ashley House (ASH) because the rates would not have been viable. Ashley House has development schemes that could go-ahead following the change of government plans. There could still be […]
Quoted Micro 22 May 2017
NEX EXCHANGE London and south east England residential property developer St Mark Homes (SMAP) says it will in the immediate future focus on homes for sale for less than £600,000, because this is the London help to buy limit. In 2016, revenues fell from £3.1m to £1.34m but the unchanged contribution from joint ventures and […]
Vodafone Increases Dividend As Losses Rise
Vodafone VOD. My own personal experience is that Vodafone can not even operate its own internal phone systems properly so it is not much of a surprise to see that it has problems globally. Group revenue fell by 4.4% for the year to the end of March, the loss for the year rose by 18.7% […]
MP Evans Dividends Surge As Palm Oil Back In Favour
M.P. Evans Group MPE enjoyed an excellent 2016 and like for like profit for the year to 31st December more than doubled, rising from from $7.8m to $16m. Total dividends for 2016 will follow suit with a rise from 8.75p in 2015 to 20p (including a special dividend of of 5p per share) and even […]
Hardide Management Fights Off Challenges
Hardide HDD Depressed demand in the oil and gas sector adversely affected performance in the year to the end of September with a rise in operating losses from last year’s £0.22m to £1.47m. But Hardide fought back and in the second half sales began to improve with a 25% rise over the first half, amid […]