Ian Pollard – Sports Direct Sweetens The Offer

Sports Direct Intl plc SPD is continuing to push its pre-conditional possible offer for Debenhams at 5p in cash per ordinary share announced on 25 March 2019 but it is now trying to add a sweetener with a proposal to Debenhams under which it would underwrite a £150 million pre-emptive equity issuance to existing Debenhams […]

Pure Circle recovering from US Customs Debacle

Pure Circle PURE Final results for the year to the 30th June were severely affected by it being denied access to the US market where it had been producing a third of its revenue, after it was made subject to a Withold Release Order by US Customs & Border Protection. Extensive investigations resulted in it […]

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 […]

Koovs Continues To Rocket

Koovs plc KOOV continues to see sales rocket with a rise of 87% in the year to 31st March. Registered users were up by 80% and units shipped and repeat customers rose by 100%, as it pursues its main strategy of significant growth and outperforming e commerce sector growth in India by fivefold. India is […]

Ryanair Beats The Competition

Ryanair Holdings RYA has more than halved its planned UK growth from 12% to 5% because of weaker sterling and slower economic growth. For the half year to 30th September profits rose by 7% on fares down by 10% and unit costs also down by 10%. Basic earnings per share for the half year rose […]

Quoted Micro 29 March 2016

ISDX Brewer Adnams (ADB) improved its 2015 profit on flat turnover of £65.7m. Costs were reduced and pre-tax profit improved from £3.89m to £4.07m, after a steady contribution of £625,000 from property disposals. A £7m investment will help to improve the brewery. The Suffolk-based company has reduced its pension liability from £11.5m to £3.2m and […]

Beating Expectations

IS Solutions (ISL) is this morning’s star performer with a 23% rise after announcing that its performance so far in the current year has been strong. Revenue and profitability for the year to 31st March and for 2016/17 will both be significantly ahead of current market expectations. The shares have doubled since September  and closed on […]