Quoted Micro 22 November 2021
AQUIS STOCK EXCHANGE Globe Capital (GCAP) has reported its 2020 and latest interim results and undergone board changes. Simon Grant-Rennick becomes executive chairman and Burns Singh Tennent-Bhohi an executive director. They are advancing £100,000 via a convertible, which will convert at 0.04p a share following the upcoming AGM. More cash will be raised, and a […]
Ian Pollard: Trakm8 Expects Second Half Profit + Updates on DX Group #DX Taptica International #TAP Versarien #VRS and Firestone Diamonds #FDI
Trakm8 Holdings plc TRAK Confirms that for the third quarter of the year ending 31st March 2019, the Group has seen orders grow in challenging markets as well as implementing a rigorous cost saving programe. The final quarter has benefited from a strong start with a revamped sales team. The Directors anticipate that the second half […]
Andrew Hore – Quoted Micro 19 November 2018
NEX EXCHANGE Renewable energy supplier Good Energy (GOOD) has traded slightly ahead of expectations and been cash generative in the first ten months of 2018. Customer numbers have remained flat. The financial year should be in line with expectations. This reassurance led to a 17% increase in the share price, although it is still […]
Ian Pollard – Plus 500 #PLUS Benefits From Trump Tariffs
Plus 500 Ltd PLUS has again, after a strong second quarter, performed strongly in the first half and materially increased its expectations for the Group’s financial performance for the year to the end of December. What it describes as geopolitical events particularly with regard to US import tariffs have resulted in higher than expected levels […]
Ian Pollard – Sage revises margins from 27.5% to 27.5%
Sage Group plc SGE The update for the half year to 31st March indicates that all is not well and makes for some peculiar reading .Full year guidance for 2018 organic operating margins has been revised from 27.5% to believe it or not, 27.5%. For the first half year organic revenue growth of 6.3% is […]
Andrew Hore – Quoted Micro 8 January 2018
NEX EXCHANGE Kryptonite 1 (KR1) has invested $249,000 in a presale of 4,775,686 Simple tokens in a project administered by OpenST Ltd. The plan is for the tokens to be used to enable digital currencies to be launched by businesses. There has also been a $100,000 investment in the presale of tokens in the […]
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. […]
Real Good Food – Profits Eaten By A Litany of Errors
Real Good Food plc RGD appears to have continued to suffer from serious management problems and is having to admit at today’s AGM that whilst sales have been doing well, that wil not translate into the expected profitability. For the year to 31st March 2018 EBITDA of about £6.5m had been expected but this will […]
Severn Trent Pleased to Escape North America
Severn Trent plc SVT Not every company admits to being pleased at having to announce the sale of part of its business especially if that business is a strong one but Severn Trent is an exception as it announces the sale of its North American business. Even more strange the Chief Eexecutive admits that under […]
Trakm8 Chairmans’ Frustration Comes Too Late
Trakm8 Holdings TRAK Route Monkey is in a trend to move to SaaS revenues. Once you get extreme jargon like that in a company’s trading update you know it has been having a fairly bad time and Trakm8 is no exception. It witters on about its pipelines and how strong they are as if nobody […]