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 17 August 2020
AQUIS STOCK EXCHANGE Brewer Adnams (ADB) reported a slump in revenues from £34.7m to £21m in the six months to June 2020 and there was a loss. That is no surprise given the problems of the hospitality sector. Online sales grew but could not offset the loss of on-trade sales. Net debt was £14m at […]
Andrew Hore – Quoted Micro 10 August 2020
AQUIS STOCK EXCHANGE National Milk Records (NMRP) generated revenues of £5.35m in the quarter to June 2020, down from £5.6m in the previous year. Milk recording revenues declined because of COVID-19 restrictions. There was limited disruption to other parts of the business. The second half of the year to June 2020 was still better than […]
Andrew Hore – Quoted Micro 3 August 2020
AQUIS STOCK EXCHANGE Newbury Racecourse (NYR) says that it is confident that it has the resources to trade through the current economic difficulties. Significant losses are expected this year and into next year. There was £1.27m in the bank at the end of 2019. Net assets were £50.9m. Newbury increased revenues by 3% to £19.8m […]
Andrew Hore – Quoted Micro 27 July 2020
AQUIS STOCK EXCHANGE Healthcare IT provider DXS International (DXSP) moved from loss to profit in the year to April 2020. Revenues were slightly lower at £3.28m, while a loss of £200,000 was turned into a pre-tax profit of £239,000. There was £1m in the bank at the end of April 2020, following the recent fundraising. […]
Andrew Hore – Quoted Micro 20 July 2020
AQUIS STOCK EXCHANGE In the year to February 2020, Rutherford Health (RUTH) nearly quadrupled its revenues from £1.47m to £5.61m, although the loss increased from £21.5m to £29.3m. There were three proton beam cancer treatment centres open at the end of the period, but two were not operating for long. They have continued to operate […]
Andrew Hore – Quoted Micro 13 July 2020
AQUIS STOCK EXCHANGE Capital for Colleagues (CFCP) has sold its investment in builder’s merchant Merkko Group for double the original investment. The cash consideration for the redemption of the non-voting stake is £400,000. Capital for Colleagues has reinvested £150,000 for a 10% stake in Merkko. The rest of the cash can be reinvested in other […]
Andrew Hore – Quoted Micro 6 July 2020
AQUIS STOCK EXCHANGE Rutherford Health (RUTH) has secured a diagnostics agreement with Somerset NHS Foundation Trust that is worth £19.1m over ten years, although it is initially for five years. Rutherford will supply imaging services from a facility in Taunton, which will be developed in partnership with Equitix. The service should start in the second […]
Andrew Hore – Quoted Micro 15 June 2020
AQUIS STOCK EXCHANGE Wheelsure Holdings (WHLP) has published results for the year to August 2019 and the subsequent interims. Following these announcements, trading in the shares has resumed. There was strong growth in the interim figures with revenues of £116,000 but there was still a loss of £75,000. The working capital facility has been increased […]
Andrew Hore – Quoted Micro 25 May 2020
AQUIS STOCK EXCHANGE Daniel Thwaites (THW) closed its pubs and hotels on 20 May and it will not pay a final dividend for 2019-20. Net debt was £65.4m at the end of March 2020 and there are £16.6m of spare bank facilities. Trading had been strong, and the predominance of freehold properties means that rent […]