Andrew Hore Quoted Micro 17 June 2019
NEX EXCHANGE Renewable energy supplier Good Energy (GOOD) says that holding back on operating expenditure has offset the downturn in demand due to warmer weather. Profit will be weighted to the first half. Good is investing in electric vehicle platform Zap-Map. Brewer Daniel Thwaites (THW) reported a more than halved pre-tax profit from £9.8m to […]
Andrew Hore – Quoted Micro 25 March 2019
NEX EXCHANGE Good Energy (GOOD) increased full year revenues from continuing operations from £104.5m to £116.9m, helped by last winter’s cold weather and a price increase, and pre-tax profit recovered from £700,000 to £1.7m. The renewable electricity supplier and generator has increased its dividend from 3.3p a share to 3.5p a share. Net debt was […]
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 […]
Andrew Hore – Quoted Micro 26 November 2018
NEX EXCHANGE Blockchain venture builder Coinsilium Group Ltd (COIN) says that RIF Labs is acquiring RSK Labs, where Coinsilium owns 65,000 series Seed-1 preferred shares. The cost of the investment was $83,750. The acquisition is a share for token swap and Coinsilium will end up with 1.95 million RIF tokens, which is the equivalent […]
Andrew Hore – Quoted Micro 5 November 2018
NEX EXCHANGE Brewer Shepherd Neame (SHEP) has secured long-term facilities of £50m, which expires in 2023, and a £35m private placement of loan notes with BAE Systems Pensions Fund which lasts for 20 years. These replace existing loans. A revaluation of pub assets has delivered a £24m gain on book value. Mechanical and electrical […]
Andrew Hore: Quoted Micro 22 October 2018
NEX EXCHANGE Sativa Investments (SATI) has signed heads of terms for an option on a lease for a 7.53 acre site in Wiltshire that would be used for medicinal cannabis production. There will be a 25-year lease. The cost of the development could be more than £10m. Sativa has already raised £3.75m at 6p […]
Andrew Hore: Quoted Micro 15 October 2018
NEX EXCHANGE Smart home products supplier Sandal (SAND) reported a decline in overall revenues from £3.75m to £3.62m for the year to May 2018, but this masks the 71% growth of the Energenie MiHome revenues to £1.01m. Sandal reduced its operating loss and there was nearly £51,000 in the bank, although net debt was […]
Andrew Hore Quoted Micro 1 October 2018
NEX EXCHANGE Brewer Shepherd Neame (SHEP) managed to edge up its profit despite flat turnover of £156.6m in the year to June 2018. Underlying pre-tax profit was 5% ahead at £11.8m. The total dividend is 3% higher at 29.2p a share. Growth came from the managed pubs but there was a decline in the […]
Andrew Hore – Quoted Micro 23 July 2018
NEX EXCHANGE Netalogue Technologies (NTLP) moved back into profit in the year to March 2018 and it is paying a dividend of 0.4p a share. The e-commerce technology company edged up revenues from £1.04m to £1.07m, while a loss of £46,000 was turned into a profit of £82,000, even after amortisation of £70,000, up […]