Quoted Micro 18 September 2023

AQUIS STOCK EXCHANGE An update on the Amapa iron ore project in Brazil from Cadence Minerals (LON: KDNC) says permitting times for the mine and related logistics should be reduced to 12-16 months. An environmental control plan is required to obtain the permits. This will enable a funding decision for the project. Investee company Hastings […]

Atlantic View – Time To Go Back To The Beach In Spite of Covid-19?

by John Woolfitt, Atlantic Capital Markets Time To Go Back To The Beach In Spite of Covid-19? Fundamentals & Statement Summary With over 20% share of online sales in the short haul beach holiday market, On The Beach (LON: OTB) are one of the UK’s largest online beach holiday retailers. The group’s long-term mission to […]

Ian Pollard – On The Beach #OTB hit by heatwave

On the Beach Group PLC OTB Revenue was heavily impacted by the unprecedented hot summer in Scandinavia leading to lower demand for holidays and widespread discounting of distressed product by Sweden’s leading tour operators. Nonetheless revenue at On the Beach Group for the year to the 30th September rose by 24.5%, profit before tax  by […]

BT Admits The Cost of Bad Management

BT Group BT.A airs its dirty washing in public after describing the year to the end of March as a challenging one, made worse by headwinds in the UK public sector. It is still managing to increase its final dividend by 10% despite a 19% fall in reported profit before tax, which slumped even more […]