Andrew Hore – Quoted Micro 7 December 2020

AQUIS STOCK EXCHANGE Newbury Racecourse (NYR) has completed the sale of 1.2 acres of land on the northern perimeter of the racecourse for £1.5m. That is equal to book value. NQ Minerals (NQMI) is able to draw down from its recently arranged $55m loan facility between its subsidiary Hellyer Gold Mines with ING. The cash […]

Andrew Hore – Quoted Micro 23 November 2020

AQUIS STOCK EXCHANGE Daniel Thwaites (THW) had a strong eleven months in the year to March 2020, but the final month was unsurprisingly poor for the brewer and pubs operator. Full year revenues edged up from £96.9m to £98.1m, while pre-tax profit fell from £4.5m to £3.6m. Net debt was reduced from £69.7m to £65.4m, […]

Andrew Hore – Quoted Micro 12 October 2020

AQUIS STOCK EXCHANGE Kent-based brewer Shepherd Neame (SHEP) has been profitable since the beginning of July when pubs were allowed to reopen. However, like-for-like sales were lower, particularly in city centres. Own brand beer volumes fell by 2%.  Net debt was £82.4m on 26 September, with deferred payments of £6.9m.  There was a reduction in […]