Quoted Micro 14 August 2017

NEX EXCHANGE Brewer Adnams (ADB) continues to grow its beer volumes and Ghost Ship is behind much of that growth. Interim revenues improved from £31.2m to £33.2m, while there was a swing from a pre-tax profit of £1.86m to a £284,000 loss. There is a one-off cost of £721,000 mainly due to a write down […]

Sports Direct – Is It “Come Uppance” Day ?

Sports Direct SPD  Preliminary results for the year to 30th April show revenue growth of 11.7%  but apart from that it looks like Mike Ashley needs to get himself down the pub sharpish for another of those famous non alcoholic problem solving meetings. Profit before tax fell by 58.7% on an underlying basis and 22.2% […]

Quoted Micro 29 May 2017

NEX EXCHANGE Crossword Cybersecurity (CCS) has taken advantage of the high profile of cyber security to raise cash at a premium to the market price. Crossword raised £145,000 at 230p a share. The current mid-price is 195p a share and the most recent trade was at 197p a share last September. Brenlen Jinkens took up […]

The Unacceptable Face of Sports Direct

Sports Direct SPD Dave Forsey yesterday resigned both as CEO of Sports Direct and as a member of the board, after, as he put it, having “given my entire working life to the company” – hardly the sentiments of a man happy with his fate. And guess who has been appointed  by the nodding donkeys […]

Quoted Micro 5 September 2016

ISDX Guild Acquisitions (GAQO) has invested £30,000 in NOMAN Ventures Ltd, which is seeking investments in areas such as block chain, artificial intelligence, drones and virtual reality. The cash is being invested in convertible loan notes that will either be convertible at a 40% discount to the share price of the next fundraising of at […]

Quoted Micro 29 August 2016

ISDX Yujin International (YUJ/HPR) intends to switch from AIM to ISDX following the proposed acquisition of Healthperm Resourcing and also change its name to Healthperm Resourcing Ltd. Yujin joined AIM in February 2009 when it operated a maritime business that has subsequently been sold. Healthperm supplies nurses from the Philippines, where there are estimated to […]

Sports Direct Disappoints – Targets For Staff Rewards To Be Reduced

Sports Direct SPD has not had a good year. It openly admits that the year to 24th April was disappointing, so disappointing in fact that it  failed to reach the targets for the share based incentive scheme for eligible staff which is part of the company’s “high performance and reward culture”.  So what are they […]

Quoted Micro 16 May 2016

ISDX Carduus Housing (CHPB/CHP2) has discovered that £1.43m of its cash has been paid to Carduus Finance Ltd and £875,000 to a third party. It is estimated that £1.675m of this cash did not conform to budgeted spending or the company’s investment strategy. Carduus Finance has subsequently sold its stake in Carduus Housing for £1. […]