Andrew Hore – Quoted Micro 11 March 2019
NEX EXCHANGE Brewer Shepherd Neame (SHEP) reported a 1% increase in underlying 2018 pre-tax profit of £5.9m. Pubs provided higher revenues and profit, while the brewery reported a reduction in profit contribution due to the ending of third party contracts and a small decline in volumes of its own beers and ciders. The brewing volumes […]
Andrew Hore – Quoted Micro 11 June 2018
NEX EXCHANGE There are eight companies in the running for the NEX Exchange company of the year at the Small Cap Awards. The awards will be held at The Montcalm Hotel, Marble Arch. Kent-based wines maker Chapel Down Group (CDGP) has built up a significant presence in the English wines market. The company has […]
Ian Pollard – Beware When Pawnbrokers Prosper
Ramsdens RFX has continued to enjoy strong growth in he half year to 30th September with Foreign Exchange, Pawnbroking and Jewellery Retail all sharing in the success. Group revenue rose by 18%, basic earnings per share by 33% and profit before tax by 63%. The pawnbroking loan book rose by 18% during the half year. […]
Quoted Micro 4 September 2017
NEX EXCHANGE Gowin New Energy Group Ltd (GWIN) is moving into the tea market, where its chief executive already has experience. Gowin intends to buy a 15% stake in a Cayman Islands-registered tea business and this new business will link up with experience of the industry that are based in Taiwan. The plan is to […]
Corporate news review Friday 1st September 2017
Flybe Group FLYB announces the start of its alliance with Eastern Airways (UK) Ltd. The two have signed a joint revenue and risk sharing agreement, covering four Eastern aircraft, to fly existing Flybe branded routes from Aberdeen, Edinburgh, Glasgow and Manchester. These flights start today, and will significantly enhance connectivity in Scotland. Ramsdens Holdings RFX […]
Quoted Micro 17 July 2017
NEX EXCHANGE Renewable electricity supplier Good Energy (GOOD) says rival Ecotricity, which owns 25.3% of Good Energy, has requisitioned a general meeting to get two directors, Dale Vince and Simon Crowfoot, on the board. Ecotricity founder Dale Vince believes that because of the significant stake he deserves representation on the board but Good Energy argues […]
Dixons Carphone Pulls Out of Spain
Dixons Carphone plc DC. has agreed to dispose of its entire holding in The Phone House Spain for 55m Euro less adjustments. Not a single reason, good bad or indifferent, is given for the withdrawal. Hays plc HAS produced a record net fee performance for the quarter to 30th June, its 17th consecutive quarter […]
Quoted Micro 20 February 2017
NEX EXCHANGE Forbes Ventures (FOR) has taken a 0.84% stake in potential challenger bank Civilised Investments in return for £200,000 in cash. The cash investment was raised through a placing of shares at 0.5p each with Gravity Investments, which owns 62.1% of Forbes. A further six million shares were issued at the same price to […]