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 […]
Quoted Micro 6 February 2017
NEX EXCHANGE Bondholders in US-focused oil and gas company Diversified Gas & Oil (DOIL) have overwhelmingly opted to take the cash alternative ahead of the flotation of the ordinary shares on AIM on 3 February. A total of £10.35m worth of bonds (97.1% of bonds in issue) are taking cash, while £198,000 of bonds will […]
Quoted Micro 12 December 2016
ISDX IMC Exploration (IMCP) and its partner Koza Ltd have started work on a mapping and rock sampling programme at the Goldmines River licence in County Wicklow and a licence in County Wexford. This work will help to prepare for the next phase of drilling. African Potash (AFPO), which has lost its AIM quotation because […]
Quoted Micro 31 October 2016
ISDX Via Developments (VIA1) says the Canal Street project in Manchester should be completed next March, while another Manchester site is attempting to gain enhanced planning permission that would enable 71 apartments to be built. Via expects deposits of 15% of the purchase price of the eight flats in Canal Street before the end of […]
Quoted Micro 17 October 2016
ISDX St Mark Homes (SMAP) has launched a one-for-three open offer at 105p a share, which could raise £1.3m. The open offer price is at a large discount to NAV of 137p a share. St Mark has said that the main constraint on growth is access to capital. The money is earmarked for two new […]
Quoted Micro 8 August 2016
ISDX Chapel Down Group (CDGP) has exchanged contracts on the 1.6 acre site in Ashford that will be used for the proposed new Curious brewery. The deal will be completed when planning permission is obtained. Valiant Investors (VALP) has raised £71,000 at 0.1p a share in order for it to finance the development of 83.3%-owned […]
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. […]
Quoted Micro 30 November 2015
ISDX Hearing and mobility products marketer and retailer DHAIS (DHAP) slipped into loss last year after operating costs rose faster than gross profit because revenues did not grow as fast as expected. In the year to June 2015, revenues grew from £9.65m to £10.6m, while a profit of £161,000 was turned into a loss of […]
Quoted Micro 14 December 2015
ISDX Netalogue Technologies (NTLP), which is an ecommerce platform developer, has announced its first dividend since 2012 when it paid 0.123p a share. The latest dividend of 0.246p a share and the shares go ex-dividend on 17 December. Netalogue had cash of £807,000 at the end of September 2015 and the dividend will cost around […]