Quoted Micro 20 May 2024
AQUIS STOCK EXCHANGE Digital assets investor KR1 (KR1) reported a decline in 2023 revenues from £20.2m to £8.65m, but larger gains on digital assets mean that the reported profit was not down as much at £14.7m, from £19.5m. The introduction of the bitcoin ETF has helped the valuation of digital assets in the diversified portfolio. […]
Quoted Micro 15 January 2024
AQUIS STOCK EXCHANGE Electric motors and drivetrains developer Equipmake Holdings (EQIP) has won an extension of its contract from sightseeing tours operator Big Bus Tours, and it has doubled in size to cover 20 buses. The contract is worth £3.5m. The buses will be delivered by the end of the third quarter of 2024. Full […]
Quoted Micro 26 September 2022
AQUIS STOCK EXCHANGE Interim results from renewable energy supplier Good Energy (GOOD) show a jump in revenues, but a fall in gross profit because of tough margin comparisons. There was a pre-tax loss, but a tax credit meant that there was a profit after tax. The supply business is hedged for the second half of […]
Quoted Micro 31 January 2022
AQUIS STOCK EXCHANGE NFT Investments (NFT) plans to acquire Pluto Digital Assets. NFT Investments has a non-binding letter of intent relating to the acquisition, which is valued at £96m – based on the issue of 2.4 billion NFT Investments shares at a nominal valuation of 4p each. That is equivalent to 9.3p a share. However, […]
Quoted Micro 13 December 2021
AQUIS STOCK EXCHANGE Gibraltar-based RentGuarantor (RGG) provides a rent guarantee service to tenants in the private rental sector. It has joined the Access segment having raised £125,000 at 200p a share. Chief executive Paul Foy has agreed to lend the company £200,000. The business is currently loss-making and has to grow much bigger to get […]
Andrew Hore – Quoted Micro 26 July 2021
AQUIS STOCK EXCHANGE Ecotricity has launched a 340p a share cash bid for Good Energy (GOOD). Ecotricity believes the combined group would be better placed to compete in the energy supply business. The Good Energy board rejects the bid. Arbuthnot Banking (ARBB) reported a bounce back in interim pre-tax profit from £200,000 to £3m. the […]
Andrew Hore – Quoted Micro 7 May 2018
NEX EXCHANGE Forbes Ventures (FOR) has sold its stake in KCR Residential REIT (KCR) for £145,000. The remaining investment is in challenger bank Civilised Investments Ltd. Nigel Quinton, who has run two building societies, has been appointed as finance director of Forbes. Igor Zjali has become a non-executive director. The investment strategy covers disruptive […]
Corporate news review Thursday 10th August 2017
Amec Foster Wheeler AMFW reports net pre-tax exceptional gains of £47m in the half-year ended 30 June 2016 and says it has made a strong start to its transformation programme, with the first signs of progress now showing up in the order book. Cineworld Group CINE reports half year revenue growth of 17.8%, with adjusted […]
Greggs Winter Warmer – Chipotle Pulled Beef
Greggs GRG Total sales for the 13 weeks to 1st October rose by 5.6% and on a like for like basis in company managed shops, the rise was 2.8% which are in line with expectations. during the year to date 145 shops have been refurbished, 103 new ones opened and 58 closed. And just in […]
St. Ives Impacted By Economic Uncertainty
St Ives plc SIV Despite trading during the 8th months to 1st April being 5% ahead of last year, St Ives has had to issue an urgent warning that underlying profit before tax for the current year is likely to be materially below expectations. The outlook for the final quarter has deteriorated due to economic […]