INTERVIEW: CareTech Has Pipeline Of 15 Buy Opportunities
17th Jun 2010 11:54
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. social care provider CareTech Holdings PLC (CTH.LN) has a pipeline of 15 potential acquisition opportunities, Group Finance Director David Pugh said Thursday, as the company looks to add another 1,000 beds to its capacity in
Read moreCareTech Ups Interim Dividend 15% As 1H Pretax Profit Increases
17th Jun 2010 07:32
LONDON (Dow Jones)--U.K. social care provider CareTech Holdings PLC (CTH.LN) Thursday increased its interim dividend 15% after first-half pretax profit rose 32%, and said it is looking to expand after buying three new businesses. Since the end of the first half, CareTech, which provides care and
Read moreCaretech builds up war chest
26th Feb 2010 17:16
Social care services provider Caretech Holdings has raised in the region of £15m through a placing of 3.75m new ordinary shares at 400p each. The newly issued shares represent 7.57% of the enlarged share capital. Funds from the issue will be used to build up the company's war chest as it is curren
Read moreSmall caps: Invista Real, Ricardo, Worthington...
26th Feb 2010 11:52
Invista Real Estate generated profit before taxation, for the year ending 31 December 2009, was £10m (2008: loss £3.7m). Total revenue fell by 25% to £34.4m from £45.6m in 2008, the fall being heavily influenced by lower management fees as a result of lower average assets under management during
Read moreSmall cap round-up: Caretech, Cohort, Eckoh...
9th Dec 2009 15:06
Specialised care home operator Caretech's revenue grew by 23% to £83.4m (2008: £67.7m) while profit before tax rose by 45% to £15.3m (2008: £10.5m). The dividend for the year rises by 25% to 4.7p. "The pressures on public spending are well documented and will inevitably result in local authorities
Read moreWednesday tips round-up: SSL, Inmarsat, Booker
14th Oct 2009 06:45
Scholl to Durex group SSL is well run and M&A activity will drive the shares. The stock is pricey, though, trading on a forward price-earnings ratio of 15 times and offering a dividend yield of just 1.6%. Wait for some softening before buying suggests the Independent. Hold. SSL's valuation is quite
Read moreCaretech's occupancy levels hold strong
13th Oct 2009 15:03
Social care services provider Caretech said trading in the year to 30 September was in line with management expectations, with no deterioration in occupancy levels at its care homes. Occupancy in established services remained at 93% 'providing longevity and visibility of our cash backed income stre
Read moreReed Elsevier's new chairman takes a stake
31st Jul 2009 16:06
Reed Elsevier's new chairman Anthony Habgood has signalled his commitment to the specialist publisher with the purchase of £218,000 in shares. He paid 436p a time for 50,000, his first stake in the firm, whose stable of publications includes Farmers' Weekly and New Scientist. His purchase comes af
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