Falkland Island Holdings tumbles after profit warning and strategy shift
12th Apr 2016 10:25
(ShareCast News) - Shares in Falkland Islands Holdings sank to their lowest in more than a decade after it set out plans to increase its UK focus due to the effect of low oil prices on its eponymous business, and warned annual profits would be at least 10% lower than the previous year due to investm
Read moreFalklands Island Holdings confident of "healthy" return
19th Nov 2014 16:32
Services businesses holder Falkland Islands Holdings reported a £1.2m pre-tax profit in the six months ended 30 September. The group, which has businesses in the UK as well as in the Falkland Islands, expects Falkland Island Co, which saw first half sales rise to £8.5m from £6.8m, to have a strong s
Read moreFalkland Oil & Gas well funded to begin drilling on new project in 2015
16th Sep 2014 13:30
Falkland Oil & Gas reported a pre-tax loss of $1.3m for the six months ended 30 June, compared to a $0.9m loss in the same period in 2013, but said it was well funded to begin a new drilling programme. The firm, however, said that with over $108m in the bank, it has sufficient funds for its proposed
Read moreFalkland Islands Holdings buoyed by strong art trading
8th Apr 2014 14:08
Record trading by its art handling and logistics business helped Falkland Islands Holdings (FIH) to forecast higher annual profits. The group, which has retail and other businesses in the Falklands and UK and 12.8m shares in explorer Falkland Oil & Gas, said profits from its Falkland Islands Compan
Read moreAlliance Pharma exec offloads 300,000 shares
20th Jan 2014 15:49
Speciality drugs firm Alliance Pharma announced Monday that Executive Director Anthony Booley's share in the company was reduced by 300,000 shares after his wife Lynette sold a portion of her stake. Booley, who joined the company in 1998, and his wife earned £100,500 from the sale after disposing
Read moreTuesday broker round-up UPDATE
20th Aug 2013 08:26
AMEC: Liberum Capital cuts target price from 1135p to 1120p and reiterates a hold recommendation. BAE Systems: Investec increases target price from 370p to 450p upgrading from hold to add. Bovis Homes Group: Deutsche Bank shifts target price from 900p to 901p and keeps a buy recommendation. Citi r
Read moreIce Age Art helps drive revenue rise at Falkland Islands
10th Jun 2013 10:35
Group revenue rose 4.4 per cent to 35.6m pounds at AIM-listed international services group Falkland Islands in the year ended March 31st, underpinned in part by strong activity in the group's art-focussed business division. In its final results for the year, the group - which owns essential service
Read moreFalkland Islands Holdings to report fall in annual profits
17th Apr 2013 10:23
Falkland Islands Holdings, a British conglomerate which owns logistics, warehouses and retail outlets on the islands, expects to report a fall in annual profits. The company anticipates pre-tax profit of £3.0m for the year to March 31st 2013, compared to £3.2m a year earlier. The group said tradin
Read moreWednesday broker round-up UPDATE
17th Apr 2013 07:20
African Barrick Gold: Deutsche Bank cuts target price from 230p to 173p, while its hold recommendation is reiterated. Ashmore Group: Morgan Stanley raises target price from 395p to 444p and maintains an equal-weight rating. Ashtead Group: Jefferies increases target price from 615p to 690o and reit
Read moreChamberlin Chairman invests 75k
10th Dec 2012 16:25
Castings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%
Read moreFalkland Islands Holdings rises on oil hopes
6th Dec 2012 14:07
Falkland Islands Holdings has risen despite producing uninspiring interims, with both revenues and profits virtually flat year-on-year. For the six months ended September 30th revenues were virtually unchanged at £16.5m, with pre-tax profits marginally up at £1.08m (2011: £0.99m). Divisionally, F
Read moreReThink Group CFO buys 1.4m shares
6th Jul 2012 15:59
Steve Wright, the Chief Financial Officer of ReThink Group, has purchased more than 1.4m shares in the recruitment and technology services firm. Wright purchased the shares at 7.00p each and for a total of £100,000. The company's share price has fallen over 25% in the last year, equal to 2.62p.
Read moreFalkland Islands Holdings raises funds
14th Jun 2012 13:13
Falkland Islands Holdings, the AIM quoted international services group, has raised eight million pounds following a subscription for shares by Blackfish Capital, an investment fund. In addition, the company is making an open offer under which the company's existing shareholder can buy one open offe
Read moreProfits rise at Falkland Islands but growth expected to slow
6th Jun 2012 12:56
Falkland Islands, an international services group, offset news of a rise in both revenue and profits with warnings of a slowdown in growth. Underlying pre-tax profits for the year rose 18.7% from £2.73m to £3.24m, slightly higher than expectations of £3.0m, despite higher financing costs this tim
Read moreFalkland Islands Holdings on a high
4th Apr 2012 08:50
Shares in Falkland Islands Holdings were up on Wednesday after the firm said trading for the year was ahead of market expectations. The AIM-traded group which, amongst other things, operates a ferry service across the mouth of Portsmouth harbour, expects its total dividend payment to be at least 10
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