Browse Shares Archive

SOCO still poised for news from Vietnam

SOCO International (SIA) – Finals PTP: £28.43m (£24.53m) Divi: n/a (n/a) The results were and are still overshadowed by a delayed update from the massive E prospect in Vietnam. According to broker Evolution Securities success here could see the shares, which currently change... READ MORE >>

Queenco bets on Cambodia

Queenco Leisure International (QLI) – Finals PTP: €52.9m (€41.2m) Divi: n/a (n/a) The emerging markets casino developer is adding Cambodia to its destinations, hoping to pick up visiting trade from Thailand, where locals are banned from gambling. It will spend €70... READ MORE >>

Skyepharma to break even

Skyepharma (SKP:AIM) – Finals PTP: -£23.7m (-£19.3m) Divi: n/a (n/a) Losses widened at the the drug delivery specialists but it is confident costs for the development of its lead product, Flutiform for asthma, will remain in check. Skyepharma has a deal with partner Abbott... READ MORE >>

Work rolls in for Nationwide Accident

Nationwide Accident Repair Services (NARS:AIM) – Finals PTP: £6.8m (£2.4m) Divi: 3p (2.6p) The general decline in motor insurance claims suggests support service groups to the financial industry need to rework their business models. The social campaigns to promote road safety... READ MORE >>

Some happy returns for Clinton Cards

Clinton Cards (CC.) - Interims PTP: £24.3m (£20.6m) Divi: 0.9p (0.7p) The results demonstrated the resilience of the greetings card market with underlying sales up by 2%. Sales were especially strong (+4.7%) at the Birthdays chain. Brokers are forecasting further modest sales growth ... READ MORE >>

Cyan set to reap rewards of new strategy

Cyan (CYAN:AIM) – Finals PTP: -£4.6m (-£3m) Divi: n/a (n/a) Cyan's CEO Ken Lamb, who joined the company last year, is leading a radical restructuring programme that should make the Cambridge-based microchip specialist profitable in 2009. New sales and operations teams have... READ MORE >>

TT Electronics hit by cars and the dollar

TT Electronics (TTG) – Finals PTP: £33.3m (£40m) Divi: 6.36p (6.36p) TT Electronics’ exposure to a gloomy looking automotive market and to the weak dollar meant that the company’s shares tanked this year, losing around 64% of their value to the current 86p, and... READ MORE >>

Concateno looks to expand its horizons

Concateno (COT:AIM) – Finals PTP: £0.3m (-£0.8m) Divi: n/a (n/a) The medical diagnostics and drug testing company moved into pre-tax profits at finals and said it still has some targeted acquisitions in its sights. It is particularly keen to make more ground in Scandinavia,... READ MORE >>

Uniq figures are thin gruel

Uniq (UNIQ) – Finals PTP: -£44.1m (PTP: -£58.5m) Divi: 2.5p (5.2p) Once regarded as a recovery stock with a good yield, these results dashed these hopes. The final dividend was passed. The company also indicated the recovery programme would last five years instead of three, as ... READ MORE >>

EG hopes it’s weathered the worst

EG Solutions (EGS:AIM) – Finals PTP: -£0.82m (-£0.04m) Divi: n/a (n/a) The shares of the operations management software expert jumped 15% to 11.5p as a cost-cutting programme, a trio of major contract wins and new product launches offered hope that the worst may be over after... READ MORE >>

Lamprell still rising on a tide

Lamprell (LAM:AIM) – Finals PTP: £35.64m (£17.22m) Divi: 4.4p (n/a) The UAE-based rig refurbishment specialist beat analysts expectations with its numbers for 2007 and, although management is not expecting the pace of growth going forward to match that of the past three... READ MORE >>

ScS Upholstery badly stuffed by consumer jitters

ScS Upholstery (SUY) – Interims PTP: -£8.4m (PTP £4m) Divi: n/a (7p) The results demonstrated why the shares have underperformed the market so badly over the past year (88% relative weakness). The group has been one of the main victims of the decline in consumer confidence. It ... READ MORE >>

Funding holds ZTC back

ZTC Communications (ZTC:AIM) - Interims PTP: £1.35m (£0.86m) Divi: n/a (n/a) A range of new models and tight cost control enabled pre-tax profit growth to outstrip even a 43% leap in own-branded unit shipments. Yet adverse winter weather and ongoing funding requirements mean the... READ MORE >>

Bellway dodges the crunch

Bellway (BWY) – Interims PTP: £96.9m (£100.8m) Divi: 18.1p (16.45p) Falling house prices mean that annual price inflation is at 1.1%, its lowest level for 12 years. Still, Bellway has posted in-line interim results and reassured investors with a 10% increase of the interim... READ MORE >>

Kingfisher good in too few parts

Kingfisher (KGF) - Finals PTP: £386m (£397m) Divi: 7.2p (10.6p) Full-year figures were predictably poor and the final divi was also halved. This was the third year of falling profitability. It is unlikely to be the last. These results bore a £22 million restructuring charge... READ MORE >>

Songbird out of tune and going on down

Songbird Estates (SBDB:AIM) – Finals PTP: £182m (£884.1m) Divi: n/a (n/a) Pretax profits slumped to £182 million, with adjusted net asset value per share falling18.6% to £2.15 following the payment of dividends. A regular dividend policy has not been adopted by Songbird... READ MORE >>

RGI rides Russian growth

RGI International (RGI) – Finals PTP: $657.5m ($88.4m) Divi: n/a (n/a) The acquisition of six new development projects helped to support rapid growth in the company’s NAV per share, which rose from $4.50 to $15.51 during the year ending 31 December 2007. Growth was... READ MORE >>

Double squeeze on General Capital

General Capital (GENC:AIM) - Finals PTP: £2.8m (£0.1m) Divi: n/a (n/a) The deterioration in credit markets is hitting the provider of secured loans to small businesses from two angles. On the one hand General Capital is seeing its own borrowing costs rising and may find difficulty... READ MORE >>

Earthport set fair with IBM links

Earthport (EPO:AIM) – Interims PTP: -£1.2m (-£2.4m) Divi: n/a (n/a) The global electronic payments specialist should be able to build on the strong momentum established last year, as it capitalises upon its strong links with IT giant IBM (IBM:NYSE) and turns investment in... READ MORE >>

Land of Leather scuffed by falling sales and margins

Land of Leather (LAN) - Interims PTP: £5.5m (£8.4m) Divi: n/a (3.6p) We warned last week that figures from the furniture retailer would make bleak reading, and so it proved, with the numbers showing an underlying decline in sales of 15% in the first half. On top of this, net margins... READ MORE >>