Andrew Hore – Quoted Micro 17 December 2018

NEX EXCHANGE         Ecommerce software provider Netalogue Technologies (NTLP) moved into profit in the first half and had £648,000 in the bank at the end of September 2018. Revenues increased by £168,000 to £647,000, even though subscription-based pricing is reducing the initial revenues from B2B clients. A loss of £60,000 became a pre-tax profit of […]

Andrew Hore – Quoted Micro 26 November 2018

NEX EXCHANGE         Blockchain venture builder Coinsilium Group Ltd (COIN) says that RIF Labs is acquiring RSK Labs, where Coinsilium owns 65,000 series Seed-1 preferred shares. The cost of the investment was $83,750. The acquisition is a share for token swap and Coinsilium will end up with 1.95 million RIF tokens, which is the equivalent […]

Andrew Hore – Quoted Micro 16 July 2018

NEX EXCHANGE         Hotel operator Hydro Hotel, Eastbourne (HYDP) reported flat interim revenues of £1.51m in the six months to April 2018, during a period where building repairs were undertaken. Higher overheads and maintenance costs meant that the loss increased from £153,000 to £200,000. There is £635,000 in the bank. AfriAg Global (AFRI) has raised […]

Andrew Hore – Quoted Micro 26 February 2018

NEX EXCHANGE    Blockchain technology investor Coinsilium Group Ltd (COIN) is advising Tutellus Technologies on its upcoming token generation event. Tutellus matches students with teachers in the Spanish-speaking world. The Tutellus token will be used as a medium of exchange for the new blockchain-based platform. Richard Lloyd has been appointed as adviser to Coinsilium’s Gibraltar-based […]

Quoted Micro 23 October 2017

NEX EXCHANGE Supported housing developer Walls and Futures REIT (WAFR) has improved its net asset value by 4.4% to 94p a share in the six months to September 2017. Interim figures should be published within a fortnight. African Potash Ltd (AFPO) has decided not to acquire investment company Onshore Energy Ltd and concentrate on its […]

Unilever Ice Cream Sales Melt In Europe

Unilever plc ULVR Reports that emerging markets drove third quarter sales growth with underlying sales up by 2.6% and, over nine months, by 2.8%. Total third quarter turnover however was down by 1.6% after a 5.1 % currency impact. Developed markets were a problem and remained challenging, with turnover, led by of all things, ice […]

Quoted Micro 9 October 2017

NEX EXCHANGE National Milk Records (NMRP) has changed its year end to June and its latest figures are for the 15 months to June 2017. This is a period when the dairy information and data services provider sorted out its pension deficit problem and this removed significant, and volatile, liabilities from the balance sheet. The […]

Quoted Micro 24 July 2017

NEX EXCHANGE Ace Liberty & Stone (ALSP) has raised £10m via a 6% convertible loan note. The conversion price is 71.25p a share and full conversion would be the equivalent of 26% of the share capital. The loan note is redeemable on 23 May 2019. The holder of the loan note has also been granted […]

Quoted Micro 24 October 2016

ISDX House broker Daniel Stewart expects energy efficiency and home automation products supplier Sandal (SAND) to move into profit this year. In the year to May 2016, Sandal made a loss of £268,000 on revenues of £3.3m and this year the profit is forecast to be £105,000. The Energenie energy efficiency and home control products […]

Pearson Gives Notification of Exit & Other Nonsense

Pearson PSON has brought out a new literacy programme which management has obviously not read.  Had it done so they could have written their 9 month interim management statement in something like English instead of nonsense such as “some 3,600 Full Time Equivalent employees have been notified of exit.” – and this from a purveyor […]