Andrew Hore – Quoted Micro 10 May 2021

AQUIS STOCK EXCHANGE Virgata has published its offer document for the 50p a share bid for Walls & Futures REIT (WAFR) and the first acceptance date is 27 May. Walls & Future REIT management are still arguing that the bid is too low because it is at less than 50% of NAV. Virgata points out […]

Andrew Hore – Quoted Micro 3 May 2021

AQUIS STOCK EXCHANGE Decentralised finance (DeFi) focused investment company Dispersion Holdings (DEFI) raised £9m at 3p a share. The share price closed at 4.15p (3.8p/4.5p) and there were just over one million shares traded on the first day. The market capitalisation is £25.4m. Shares were originally issued at below the placing price and the underlying […]

Ian Pollard: Dairy Crest Slightly Ahead At Half Time

Dairy Crest Group DCG expects profit for the half year to the 30th September to be slightly ahead of  last year, with revenue driven by strong performances from its two largest brands, Cathedral City and Clover. Cathedral City continues to go from strength to strength reports the company and several new products will be released […]

Andrew Hore – Quoted Micro 12 February 2018

NEX EXCHANGE    Western Selection (WESP) maintained its NAV at 95p a share at the end of the six month period of December 2017. Net debt was £1.13m. A sharp upturn in the value of the stake in Bilby (BILB) and offset declines in other investments. The interim dividend is unchanged at 1.1p a share. […]

Quoted Micro 15 May 2017

NEX EXCHANGE Newbury Racecourse (NYR) increased its revenues by 4% to £16.9m in 2016. Underlying trading profit was 8% ahead at £740,000 but there was also a £19.4m gain on the sale of land for housebuilding partly offset by £3.45m impairment charge. The NAV was £44.4m, which is around double the company’s market value. Net […]