Andrew Hore – Quoted Micro 20 May 2019
NEX EXCHANGE Fuel emulsification technology developer SulNOx Group (www.sulnoxgroup.com) plans to join NEX. SulNOx has developed an emulsification and condition process for hydrocarbon fuels. This process makes the fuel more efficient and thereby reduces fuel usage and emissions. Nouryon AB will manufacture and distribute the company’s products under the Berol brand. SulNOx will do the […]
Andrew Hore – Quoted Micro 31 December 2018
NEX EXCHANGE China-based Gamfook Jewellery (GAMF) joined NEX on 24 December. The online retailer of customised jewellery was introduced at 15p a share, and the shares ended the first week at 15.5p (14p/17p). That values Gamfook at £15.5m. Executive chairman Jindian Lin and his wife own 72.8% of Gamfook. A dividend based on 28% 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 15 October 2018
NEX EXCHANGE Smart home products supplier Sandal (SAND) reported a decline in overall revenues from £3.75m to £3.62m for the year to May 2018, but this masks the 71% growth of the Energenie MiHome revenues to £1.01m. Sandal reduced its operating loss and there was nearly £51,000 in the bank, although net debt was […]
Andrew Hore Quoted Micro 1 October 2018
NEX EXCHANGE Brewer Shepherd Neame (SHEP) managed to edge up its profit despite flat turnover of £156.6m in the year to June 2018. Underlying pre-tax profit was 5% ahead at £11.8m. The total dividend is 3% higher at 29.2p a share. Growth came from the managed pubs but there was a decline in the […]
Andrew Hore – Quoted Micro 27 August 2018
NEX EXCHANGE Crossword Cybersecurity (CCS) has signed a memorandum of understanding with IP Group, covering the commercialising of cybersecurity intellectual property from universities. Ananda Developments (ANA) says that investee company iCAN Israel-Cannabis Ltd has signed a memorandum of understanding with Yom Chai. The deal involves the development and validation of a cannabis-based treatment for […]
Andrew Hore – Quoted Micro 30 July 2018
NEX EXCHANGE Milamber Ventures (MLVP) has signed heads of terms for the acquisition of health and social care training provider Orchard Rock. Milamber will pay up to £1.9m in cash and shares. If the deal goes ahead then there will be an initial cash payment of £800,000. A further £200,000 is payable when the […]
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 […]
Ian Pollard – Autotrader Enjoys Strong Growth
Autotrader AUTO The year to the 31st March was one of strong revenue and profit growth, although the second half felt the effects of broader economic uncertainty. Revenue for the year rose by 7% and profit before tax by10%. A final divided of 4p per share is proposed up from last years 3.5p and making […]
Andrew Hore – Quoted Micro 5 February 2018
NEX EXCHANGE Health and community care property developer Ashley House (ASH) reported a decline in interim revenues from £10.7m to £7m and the company fell into loss. A second half recovery should mean that full year revenues will be flat at £18.7m but there will be a full year profit of £1.8m. The new […]