Quoted Micro 12 August 2024

AQUIS STOCK EXCHANGE Quantum Exponential Group (QBIT) says potential investors have proposed a minimum investment of £1m at 1p/share. The investors have also agreed to pay the investment company £100,000 to cover costs since incurred since the proposed cancelation was announced. This will be repayable out of the proceeds of the investment when it is […]

Quoted Micro 25 December 2023

AQUIS STOCK EXCHANGE Good Life Plus (GDLF) completed its reversal into Semper Fortis Esports. There was £1.4m raised at 2p/share. The share price improved 11.1% to 2.5p. The business has been trading for just over two years and it offers members daily prize draws. There are more than 21,000 active members and monthly recurring revenues […]

Quoted Micro 28 February 2022

AQUIS STOCK EXCHANGE Good Energy (GOOD) has finalised the sale price of its electricity generation assets. There was deferred consideration of up to £8.1m. The deferred payment has been set at £4.8m, taking the total payment to £21.2m. The rest of the cash was not paid due to a third-party yield assessment and other due […]

Quoted Micro 31 January 2022

AQUIS STOCK EXCHANGE NFT Investments (NFT) plans to acquire Pluto Digital Assets. NFT Investments has a non-binding letter of intent relating to the acquisition, which is valued at £96m – based on the issue of 2.4 billion NFT Investments shares at a nominal valuation of 4p each. That is equivalent to 9.3p a share. However, […]

Andrew Hore – Quoted Micro 28 December 2020

AQUIS STOCK EXCHANGE TruSpine Technologies (TSP) has delayed the application for FDA approval of its Cervi-LOK spinal device for up to three months. This is due to a lack of testing time because of Covid-19. Computer modelling has enabled the company to make minor modifications, which widens the market for the device. A £250,000 cash […]

Andrew Hore – Quoted Micro 11 May 2020

AQUIS STOCK EXCHANGE British Honey Company (BHC) says its hand sanitiser has generated revenues of more than £500,000 since late March. This helps to offset the reduction in sales of alcohol products. There is sufficient alcohol available for the company’s requirements for the rest of the year. British Honey has appointed finnCap as corporate adviser […]

Ian Pollard – Next #NXT online sales save the day

Next pc NXT Full price sales in the second quarter were up 2.8% on last year and ahead of the 1% expected at the time of the May update. Next believes believe that this over-achievement  was due to the prolonged period of exceptionally warm weather, which greatly assisted  sales of summer weight products.Expectations for the […]

Ian Pollard – BT lines crossed; sacrificial lamb chosen; board saved

BT Group plc BT.A Todays announcement from BT that the Chief Executive is to make an unexpected and unplanned exit illustrates that the Board and the Chairman may have a problem which in turn illustrates that BT has a problem. The problem appears to be that the top management is confused and incapable of expressing […]

Ian Pollard – Galliford Try Cuts Dividend After Strong First Half

Galliford Try GFRD Has done the unthinkable, especially for a housebuilder which claims to have delivered a strong first half performance. It has not just tweaked its interim dividend, it has cut it by a hefty 13% The reason is of course perfectly natural. It wants to increase dividend cover to twice pre exceptional earnings. […]

Hargreaves Services; Profits Down 75%, Divi Up 58%

Hargreaves Services HSP warned in December that the half time figures would be bad and they are. Although like for like revenue for the 6 months to 30th November fell by only 2.2%, like for like profit before tax was down by 75% and underlying diluted earnings per share by 95.7%.  As is usual in […]