Director dealings: Ambrian CEO ups stake amid metals withdrawal
9th Nov 2016 13:57
(ShareCast News) - Ambrian chief executive Jean-Pierre Conrad made only a modest purchase of shares in the lossmaking industrial assets investor as it looks to exit its metals trading activities. Conrad, a Swiss investment banker who became chief financial officer of Xstrata before it merged with Gl
Read moreAmbrian to shut down metals trading business
14th Oct 2016 14:00
(ShareCast News) - AIM-listed commodities trading and logistics company Ambrian is to close its metals trading business due to the "prevailing uncertain business environment" in the sector. Metals trading would be wound down and closed over the next few months as the company focuses on developing it
Read moreAmbrian shares drop on interim numbers
30th Sep 2016 11:26
(ShareCast News) - Ambrian announced its unaudited consolidated results for the six months to 30 June on Friday, with a loss before tax and impairment charge of $3.58m, narrowing year-on-year from $8.78m. The board of the AIM-traded firm said that reflected a "continuous challenging trading environm
Read moreAmbrian's maiden results hurt by lower economic growth in key markets
28th May 2015 14:08
Stockbroking and trading services group Ambrian said its full-year results were hurt by lower-than-expected economic growth in its key markets due to tight credit conditions for its users. The group also posted reduced margins in its merchant activities due to lower volatility and increased competit
Read moreSmall caps round-up: Ambrian Capital, North River, Ark ...
8th Feb 2012 15:35
Ambrian Capital slumped to a 52-week low after a trading update littered with references to subdued markets and downward adjustments to the book value of its investments which will cause the company to report a substantial pre-tax loss. The natural resources investment firm upped the size of the wr
Read moreLondon close: Stocks dive in late trading
28th Sep 2011 16:40
Stocks gave up an earlier rally to finish firmly in the red amid continued nervousness ahead of an audit of Greece's finances. There is speculation that some countries in the Eurozone are demanding that private investors take a bigger hit on their holdings of Greek debt. European Commission Presi
Read moreLondon midday: Stocks win back losses after Barroso comments
28th Sep 2011 12:16
The top share index is flat now after winning back earlier losses, with comments by European Commission President Jose Manuel Barroso helping to stoke optimism that the euro crisis will be resolved. Barroso has called on the European Central Bank to do everything in its power to maintain stability
Read moreAmbrian paints grim picture for shareholders
28th Sep 2011 11:35
Ambrian Capital, the natural resources investment firm, has seen its share price plummet 20% following the announcement of a balance sheet loss of £1.46m for the six months to the end of June. The figure includes a complete write down of the group's holding in its investment banking operation known
Read moreCorporate finance performance boosts Ambrian
29th Jun 2011 14:18
Natural resources investment bank Ambrian Capital has seen robust trading across its operating segments this year, especially in the energy business, but things have not gone so well for its investment portfolio. Group profit for the six months ending 30 June 2011, before share option charges and t
Read moreAmbrian sells commodities unit for over £4m
11th Apr 2011 12:33
Corporate finance advisory and commodity stock-broking firm Ambrian Capital has agreed to sell Ambrian Commodities to INTL FC Stone for a consideration of £4.3m: equal to the subsidiary´s net asset value minus current debt load. Ambrian will apply the funds raised from this transaction to Ambrian
Read moreVSA admits Ambrian interest
15th Feb 2011 12:08
AIM-quoted VSA Capital, which has just changed its name from Third Quad Capital, admits that it has approached Ambrian Capital about a potential merger but says that it has not made a formal offer. VSA says that it is not in talks with Ambrian, which is also quoted on AIM. This means that VSA will
Read moreStrong second half for Ambrian
7th Dec 2010 14:47
Ambrian Capital says that its second half trading is significantly better than in the first half and that is partly down to its broking business returning to profit. Profit before share-based payments is expected to be around £1.8m in 2010 with nearly all of that coming in the second half. Broke
Read moreCommodity focus keeps Ambrian in profit
22nd Sep 2010 12:49
Stockbroker Ambrian Capital nearly fell into losses in the half year to June 30 as its equity investment arm suffered from weak share prices. Pre-tax profits attributable to shareholders fell to £70,000 from £2.41m in the same period the previous year as total income fell to £7.9m from £10.13m. 'A
Read moreAmbrian Capital Sees FY Breakeven On Corporate Finance, Equities Loss
6th Jul 2010 12:24
LONDON (Dow Jones)--Ambrian Capital PLC (AMBR.LN) a provider of corporate finance, stock broking and commodity trading services to institutional and corporate clients, said Tuesday its the profit generated by Commodities and Principal Investments were offset by a loss incurred by Corporate Finance &
Read moreSmall caps round-up: Ithaca, Ambrian Capital, Providence...
6th Jul 2010 12:07
Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker
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