Elevator man buys BP shares
24th May 2011 15:36
Non-executive director George David bought more than £800,000 of shares in BP yesterday, the oil giant announced today. He bought 30,000 American Depositary Receipts (ADS), which is equivalent to 180,000 ordinary BP shares. He paid $43.99 each for half of the ADSs and $43.98 for the other half. Da
Read moreAsian Citrus directors buy after interims
1st Mar 2011 16:40
Two directors of AIM-quoted and Hong Kong-listed Asian Citrus have made significant investments in the Chinese orange grower. Non-executive director Hon Peregrine Moncreiffe has invested nearly £294,000 by acquiring 400,000 shares at an average price of 73.39p each. That takes his shareholding to
Read moreAsian Citrus pays maiden dividend
25th Feb 2011 08:07
Orange seller Asian Citrus Holdings peeled off solid half year figures, more than doubling pre-tax profit, helped by an uplift in the value of its plantations. Turnover, reported in renminbi (RMB) in the six months to 31 December 2010 rose to RMB624m from RMB398m in the corresponding period of 2009
Read moreLondon close: Footsie fades late
27th Jan 2011 16:32
Footsie closed lower after an afternoon rally, following a downgrade of Japan's credit weighting by ratings agency Standard & Poors, fizzled out. Life insurers moved to the top of the pile led by Old Mutual, Prudential and Aviva. Mining stocks did well after the US Federal Reserve indicated yesterd
Read moreAsian Citrus predicts doubled interim profit
27th Jan 2011 16:15
Orange grower and juice maker Asian Citrus says that its interim profit will more than double this year. The AIM-quoted and Hong Kong-listed Chinese oranges grower says that there was a 25.5% increase in its winter orange crop combined with a 9% increase in average selling prices. Juice maker BP
Read moreAsian Citrus grows winter production by a quarter
10th Jan 2011 14:30
Asian Citrus, China's largest orange producer, grew the winter orange crop yield of its two operational plantations by 25.5% to about 143,698 tonnes. Its Hepu plantation fell 7.3% from 54,511 to around 50,517 tonnes in the current year, due to the ongoing replanting programme. But that was easil
Read moreSmall caps round-up: Impax Asset, Range Resources, Circle Oil...
10th Jan 2011 11:19
Environmental investment manager Impax Asset Management hit new highs Monday on news pre-tax profit more than doubled to £5.2m in the 12 months to 30 September - £1m from the redemption of a loan note helped - on revenue up 48% to £15.3m. Assets under management rise 44% to £1.82bn and has hit £2.
Read moreSmall caps round-up: Omega, Edenville, Vatukoula ...
10th Jan 2011 09:20
Omega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
Read moreFriday preview: Quintain Estates, Asian Citrus...
25th Nov 2010 15:55
Property developer Quintain Estates' most recent trading update, for the half year to 30 September, indicated strong progress in the last six months towards its key milestones for the financial year. At the same time, Quintain unveiled plans for the London Designer Outlet at Wembley City. The 350,
Read moreLondon close: FTSE 100 slips back
8th Nov 2010 16:43
Shares were on balance slightly lower as trading closed, with investors continuing to pause for breath following the strong gains seen last week on the back of the renewal of quantitative easing in the US. Rolls-Royce was a late riser after the aero-engineer said it was making progress n its invest
Read moreLondon afternoon: Investors cautious ahead of G20 meeting
8th Nov 2010 13:47
The Footsie drifted lower over the lunchtime session, hitting a new low for the day, as the afterglow of the Fed's quantitative easing boost begins to fade. There was also an element of caution ahead of this week's Group of 20 meeting in South Korea. It's been an unusually busy Monday for company r
Read moreAsian Citrus negotiates price rises for winter crop
8th Nov 2010 08:38
Chinese citrus fruit plantations owner Asian Citrus has managed to bump up prices by about 9% in its annual winter crop negotiations. The group, voted international company of the year 2009 on the AIM market, will supply a total of 140,280 tonnes of winter oranges in the second half of 2010 which i
Read moreDirector buys as Asian Citrus reaches new highs
26th Oct 2010 16:52
Asian Citrus director Pang Yi has bought an initial shareholding in the China-based orange grower. Pang Yi is the deputy general manager of the Hepu plantation, which is the most fully developed plantation in the group. AIM-quoted Asian Citrus has two main plantations, at Hepu and Xinfeng. It has
Read moreAsia Citrus director makes juicy share sale
18th Oct 2010 17:35
Cheung Wai Sun, an executive director Asian Citrus, the largest orange plantation owner in China, has pocketed more than £6.7m from a share sale. He sold 60,000 shares at HK$9.34 (75.5p) and 30,000 at $9.25. He still has options over 1.32m shares. Asian Citrus has two plantations, one of about 30.
Read moreRolls-Royce director raises £1m
14th Oct 2010 17:18
The boss of Rolls-Royce's US operations has sold nearly £1m worth of shares. James Guyette has been on the board of the aerospace firm since 1998 and before that he was a vice president at United Airlines. Guyette has sold 164,689 shares - just over one-third of his holding - at 605.55p a share,
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