Quoted Micro 11 March 2024

AQUIS STOCK EXCHANGE Luxury prize draw operator Good Life Plus (GDLF) raised £2.03m via a subscription at 2.25p/share, which is a premium to the market price of 1.875p. The subscriber is Winforton Investments, which is associated with Sportingbet founder Mark Blandford, which will have a 17.9% stake. The cash will be spent on marketing to […]

Andrew Hore – Quoted Micro 20 January 2020

NEX EXCHANGE NQ Minerals (NQMI) generated gross revenues of A$15.5m and gross profit of A$7.4m from Hellyer gold mine in the fourth quarter. Full year revenues were A$53.9m and operating profit was A$12.2m. The profit grew steadily quarter by quarter. NQ has raised £311,000 at 7p a share. In December, £300,000 was raised at 6.5p […]

Andrew Hore – Quoted Micro 25 March 2019

NEX EXCHANGE Good Energy (GOOD) increased full year revenues from continuing operations from £104.5m to £116.9m, helped by last winter’s cold weather and a price increase, and pre-tax profit recovered from £700,000 to £1.7m. The renewable electricity supplier and generator has increased its dividend from 3.3p a share to 3.5p a share. Net debt was […]

Ian Pollard – Kingfisher’s #KGF double digit dive

Kingfisher KGF Despite double digit declines in virtually everything for the half year to the 31st July, Kingfisher tries to put a brave face on things and claim that for the third year in a row, it is on track to deliver strategic milestones. That can only be true if it had some very peculiar […]

Andrew Hore – Quoted Micro 20 November 2017

NEX EXCHANGE Clean Invest Africa (CIA) raised £530,000 at 0.4p a share and joined the NEX Exchange Growth Market on 14 November. The founders subscribed for shares at 0.25p each during September and October. The expected admission price was 1p and the share price ended the week at 1.45p (1.3p/1.6p). That values the company at […]

Kingfisher – Increased Transformation Activity – Profits Fall

Kingfisher plc KGF The jargon filled half year report claims that the six months to 31st July saw a significant increase in the level of transformation activity but it can not hide the fact that sales continued to fall and profits slumped. An increase of 2.5% in the interim dividend will not fool anybody. Sales […]

ABF Expects Good Full Year Growth From Primark

AB Foods ABF Markdowns at Primark have fallen even more since the third quarter, further improving the outlook for the full year to the 16th September. Good growth is now expected in both adjusted operating profit and earnings per share. The weakness of sterling has also played its part and will provide a currency windfall […]

Persimmon Full Of Optimism

Persimmon PSN ends 2016 full of optimism and  certainly does not share the gloom displayed by many of its competitors. Revenue rose by 8% during the year and average sales prices were increased by a modest 4% which compares favourably with the greed shown by many of the household names in the industry. Competitive mortgage […]

Naked Wine on Cloud Nine

The CEO of Majestic Wine (WINE) is very excited about Naked Wines record sales of £100 m., already achieved in the year to 31st March 2016. For those who like their wine clothed and in a glass, Naked Wine is an online crowd funding platform and apparantly one of the best things since sliced bread. […]