Quoted Micro 26 June 2017
NEX EXCHANGE Good Energy (GOOD) received applications for £16.7m of the corporate bonds on offer. The maximum application level was £20m. The energy supplier will issue the bonds on 30 June. At the company’s AGM, Martin Edwards was not re-elected as a non-executive director and four special resolutions, three relating to pre-emption rights and one […]
Fast start to the year for Whitbread
by Ian Pollard Whitbread WTB – Management reports a good start to the year, with first quarter sales growth of 7.6%, in line with expectations. Premier Inn continued to win overall market share with strong sales growth of 9.2%, benefitting from a resilient hotel market and the contribution from the c.9,000 rooms opened over the […]
Quoted Micro 17 April 2017
NEX EXCHANGE Capital for Colleagues (CFCP) is raising £2.02m via a one-for-two open offer to existing shareholders at 42p a share and there are already commitments for 57% of this investment. The closing date is 27 April. The NAV was 43.5p a share at the end of February, which was hit by a write-off of […]
Countrywide blames Brexit for woes
COUNTRYWIDE CWD blames the EU referendum in June for a fall in what it calls transactional activity in the quarter to the end of September. Not a fall in activity you will note, not a fall in transactions but a fall in transactional activity, whatever that is supposed to mean when you translate it into […]
Quoted Micro 27 June 2016
ISDX Demand for the latest share issue from Good Energy (GOOD) was better than expected and the maximum size of the offer as raised from £3.1m to £3.8m. The company can only raise up to €5m without a prospectus and the movement in the exchange rate has helped Good Energy to raise more. Around 2,000 […]
Hornby On Its Knees with a Begging Bowl.
Hornby HRN has been forced to go to its shareholders cap in one hand and begging bowl in the other and ask them for a measly £8,000,000 for working capital and other essential items which will, they hope, help keep it afloat. The share price has justifiably nose dived from 109p last August to yesterdays […]
Quoted Micro 22 February 2016
ISDX Etaireia Investments (ETIP) has raised £10,000 at 0.25p a share following its announcement that it has bought a freehold property in Sunderland partly owned by Etaireia director Baron Bloom. The 11,000 square foot Ivy Leaf Club is generating income of £31,200 a year. Etaireia paid 210 million shares at 0.1p a share for the […]
Hornby Crashes – Set to Breach Banking Covenant
It has taken Hornby (HRN) a long time getting there but at long last its board and management has driven it off the rails and that is no mean achievement for a company with some of the worlds most famous brands. Is there any hope for a company specialising in toy trains, whose Chief Executive […]
TipTV Daily Market Roundup – Nick ‘Moose’ Batsford, Zak Mir and Alan Green
Nick Batsford, CEO of Tip TV, was joined by Zak Mir, technical analyst for Zak’s Traders Café, and Alan Green, CEO of Brand Communications, on the Tip TV Finance Show to discuss the Chinese import and export data, the falling commodity prices, an outlook for Centrica and Hornby and a view on global producers. Weak […]
Hornby (HNBY) transforms profits into another loss
Unbelievably in its big transformation year, Hornby has managed to turn last years small interim profit into major losses for the half year to 30th September. As group sales fell by some 5% that is perhaps not surprising. Underlying profit before tax of £0.2m has been transformed into a loss of £3.4m and the statutory loss […]