Quoted Micro 29 November 2021
AQUIS STOCK EXCHANGE Good Energy (GOOD) is selling its 47.5MW of renewable generation capacity and then reinvest the cash. The portfolio is valued at £56.8m, with £39.1m of related debt, and could be sold in the first quarter of 2022. Good Energy is investing in the latest funding round for Zap Map and the disposal […]
Andrew Hore – Quoted Micro 24 August 2020
AQUIS STOCK EXCHANGE Medical device developer TruSpine Technologies (TSP) ended the week at 34.5p (32p/37p). TruSpine has raised £1.4m at 36p a share with a commitment for a further £250,000. This should provide enough cash until Cervi-Lok, which is one of the three spinal stabilisation devices being developed, starts to generate sales. Coinsilium Group Ltd […]
Andrew Hore – Quoted Micro 23 December 2019
NEX EXCHANGE Trading in the shares of Barkby Group (BARK) following the publication of the prospectus for the reverse takeover of the Dickson group companies and move to AIM. There will also be a share consolidation of 193 shares into 74 new shares. Barkby is paying £30.6m, predominantly in shares with £750,000 in cash, and […]
Andrew Hore – Quoted Micro 18 March 2019
NEX EXCHANGE Peel Hunt forecasts a dip in Shepherd Neame (SHEP) pre-tax profit from £11.8m to £11.2m in the year to June 2019. The broker still expects the total dividend to be increased from 29.2p a share to 30p a share. Etaireia Investments (ETIP) has suspended Ian Fellman as a non-executive director pending investigation into […]
Andrew Hore – Quoted Micro 19 November 2018
NEX EXCHANGE Renewable energy supplier Good Energy (GOOD) has traded slightly ahead of expectations and been cash generative in the first ten months of 2018. Customer numbers have remained flat. The financial year should be in line with expectations. This reassurance led to a 17% increase in the share price, although it is still […]
Ian Pollard – #SSE – Diverting Wrath
SSE plc SSE although interim results for the six months to the 30th September are ahead of previous expectations they are only slightly so and they are still fairly dire. Adjusted profit before tax is down by 40.9% and adjusted earnings per share by 39.9% with a reported loss per share of 22.6p. The Chairman […]
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 20 August 2018
NEX EXCHANGE Health and community care properties developer Ashley House (ASH) reported a much-improved profit for the year to April 2018. There was a strong second half performance because of the completion of four schemes. Full year revenues were flat at £18.5m, while pre-tax profit jumped from less than £100,000 to £1.8m, although that […]
Ian Pollard – From Robust Falls to Negative Net Churn – Silly Season Here Again
Marshall Motor Holdings MMH describes its first half performance as robust with continuing underlying profit before tax up 1.2% on last years first half record of £16.2m. Like for like new unit sales to retail customers fell by 5.9% and used sales were down by 0.3% although strong growth in margins of 7.2% helped to […]
Andrew Hore – Quoted Micro 19 March 2018
NEX EXCHANGE Formation Group (FRM) has been repaid its £5m loan for a development in Wembley and it retains a 40% share of the profit of the development. This cash has been used to invest in acquired a 3.44% stake in Proton Partners International, which has an operational proton beam therapy centre in South […]