Quoted Micro 30 October 2023
AQUIS STOCK EXCHANGE Natural language processing company Cykel AI (CYK) joined the Aquis Stock Exchange on Wednesday. It raised £1m at 3p/share and the shares ended the week at 10.25p. There was initially significant buying of the shares, but trading levels dwindled over the week so there was only one sale of 100,000 shares at […]
Quoted Micro 25 September 2023
AQUIS STOCK EXCHANGE Aquis Stock Exchange owner Aquis Exchange (AQX) reported interims showing growth in all four divisions of the group and the Aquis Stock Exchange remains profitable. Group revenues improved from £7.85m to £9.34m, while pre-tax profit rose from £699,000 to £1.15m. Net cash is £13.9m. Brewer Adnams (ADB) says trading improved in the […]
Andrew Hore – Quoted Micro 13 April 2020
AQUIS STOCK EXCHANGE Suffolk-based brewer Adnams (ADB) returned to profit in 2019. Revenues fell from £78.9m to £74.7m, while a loss of £877,000 was turned into a pre-tax profit of £39,000. Stripping out one-off costs, there was an underlying decline in profit. Investment in the brewery and a new IT system have led to some […]
Andrew Hore – Quoted Micro 30 March 2020
AQUIS STOCK EXCHANGE AQSE and AIM-quoted Arbuthnot Banking (ARBB) improved its underlying pre-tax profit from £4.4m to £5.8m in 2019, while the second interim dividend is 5% higher at 21p a share. This does not have to be agreed at an AGM. NAV rose from 1283p a share to 1364p a share. The total capital […]
Andrew Hore – Quoted Micro 20 May 2019
NEX EXCHANGE Fuel emulsification technology developer SulNOx Group (www.sulnoxgroup.com) plans to join NEX. SulNOx has developed an emulsification and condition process for hydrocarbon fuels. This process makes the fuel more efficient and thereby reduces fuel usage and emissions. Nouryon AB will manufacture and distribute the company’s products under the Berol brand. SulNOx will do the […]
Andrew Hore – Quoted Micro 24 December 2018
NEX EXCHANGE China-based Gamfook Jewellery had planned to join the standard list, but it has decided to float on NEX. The online retailer of customised jewellery had intended to raise cash at 15p a share, but the flotation on NEX on Christmas Eve will be an introduction at 15p a share. Management hopes the […]
Ian Pollard: ASOS Badly Impacted With Online Growth Weakest For Years
ASOS ASC experienced a significant deterioration in “the important trading month of November” and conditions remain challenging. As a result, it has had to reduce expectations for the current financial year. Total retail sales for the 3 months to the end of November rose by 12%, the UK leading the way with a 19% rise […]
Ian Pollard – Safestyle #SFE lifts veil of secrecy
Safestyle UK plc SFE The Board has rushed out a clarification of yesterdays rather surprising announcement about its trading prospects and admits that it is considering arrangements with key stakeholders in NIAMAC Developments Ltd which could benefit Safestyle’s business and accelerate its recovery. Interco. Hotels Group plc IHG delivered a good third quarter with the […]
Andrew Hore – Quoted Micro 10 September 2018
NEX EXCHANGE Ananda Developments (ANA) is acquiring 15% of UK-based Liberty Herbal Technologies Ltd, which is the owner and developer of hapac, a technology for vaping cannabis. The investment cost £460,000 and Ananda has the right of first refusal for any further fundraisings in the next two years. The technology can be used to […]
Ian Pollard – Footasylum #FOOT impacted
Finsbury Food Group FIF has acquired 100% of the share capital of Ultrapharm Limited a specialist Free From bakery manufacturer with site in the UK & Poland. Finsbury claims that the acquisition supports the Group’s ongoing strategy to further diversify its product capability into high growth areas. Tax Systems plc TAX enjoyed a strong first […]