Tuesday broker round-up UPDATE
11th Dec 2012 07:18
Andor Technology: WH Ireland raises target price from 480p to 500p, while maintaining a buy rating. Anglo American: Nomura cuts target price from 2000p to 1800p keeping a neutral rating. Antofagasta: Nomura reduces target price from 1450p to 1400p and downgrades from buy to neutral. Ashtead Group
Read moreSmall caps round-up: Gable, Motive Television, Oxford BioMedica...
12th Mar 2012 07:47
Gable Holdings, a non-life insurance company, has reported that its performance in the second half, considering the traditional cyclicality of certain of our products, was in line with expectations. In the UK, the ATE product showed strong growth and which has continued into 2012, while construction
Read moreElektron chairman swoops after profit warning
22nd Nov 2011 14:30
Shares in instrumentation and electronics supplier Elektron took a tumble last Thursday following a profts warning, and have continued falling since, prompting company chairman Keith Daley to whip out his cheque-book and snap up some cut-price shares. Daley, who has been a shareholder in Elektron s
Read moreLondon midday: Stocks gain on Eurozone hopes
15th Sep 2011 12:09
A combination of some well-received updates from the retail sector and hopes that Nicolas Sarkozy and Angela Merkel will sort out the Euro crisis has sent shares soaring. The Americans and the Chinese have told Eurozone leaders to get their house in order and president Sarkozy of France and German
Read moreGable earnings soar
15th Sep 2011 09:27
Gable Holdings, the insurance company, saw pre-tax profits rise 52% to £2m in the six months ending 30 June. Total earned premiums rose 47% to £10.6m while gross "written" premiums hit £12.2m, up 41%. William Dewsall, Gable 's chief executive, said: "I am delighted by the first half performance o
Read moreSmall Caps round-up: Petro Matad, JSM Indochina, Work Group....
16th Sep 2010 15:04
Mongolia-focused oil explorer Petro Matad is raising $46.8m from a share issue at 135p ($2.08) a share. The cash will be used to accelerate its drilling programme to four wells, invest in further seismic data and investigate additional exploration activities in Mongolia. The European Bank for Recons
Read moreBroker tips: Next, Gable, System C
16th Sep 2010 13:32
It's been a busy morning for retailers and Nomura Securities is sticking with the programme with an appreciation of recent results from fashion retailer Next. "Next first-half results had it all for the bulls. Confidence in product, a pipeline of profitable/high return on invested capital space, ac
Read moreBroker snap: Strong growth expected at Gable
16th Sep 2010 13:30
Shares in UK and European insurer Gable Holdings shot higher on Thursday after a strong set of interim results that saw profit before tax jump 68% and earning per share rise 57% from a year earlier. The figures gave heart to house broker Arden Partners, which has projected strong growth for the com
Read moreAutonomy boss sells Blinkx shares
21st Jul 2010 16:49
Autonomy boss Dr Mike Lynch has sold shares in AIM-quoted video search engine operator Blinkx, which was spun out of Autonomy in 2007. Dr Lynch, who is a non-executive director of Blinkx, raised £487,500 from selling 750,000 shares at 65p each. He still owns more than 23.2m shares in Blinkx, equiva
Read moreGable expects another successful year
20th Jan 2010 08:55
Shares in European insurance firm Gable Holdings shot up 7% after it said it expects to report on another successful year of trading. Gable said European expansion of the business has continued at pace and the group has recently been approved to trade in Switzerland, Sweden, Denmark and Belgium.
Read moreSmall caps round-up: Avanti Communications, Cash Converters, Gable...
22nd Sep 2009 10:37
Satellite operator Avanti Communications swung to a full-year pre-tax profit of £1.8m compared with a loss of £1.4m last time, while revenue increased to £8m from £5.9m previously. Franchised used goods retailer Cash Converters saw profit before tax in the year to 30 June 2009 rise to $23.3m from $
Read moreSmall caps round-up: DQE, Mountfield, Ariana Resources ...
29th Jun 2009 08:41
DQ Entertainment and its affiliates are to work on developing an animated TV series based on Lassie, the collie dog character first featured in a film in 1943. DQ's partners include Classic Media, the owner of the Lassie brand, plus DQ Entertainment's affiliate in France and Ireland, M6/France, and
Read moreSmall caps round-up: Albany Capital, Scott Wilson, Chariot Oil...
15th Jun 2009 08:47
Pre-IPO investment company Albany Capital posted a pre-tax loss of £3.14m against a profit of £727,000 in the same period last year. Consolidated net assets per share at 31 March 2009 was 39.0p (31 March 2008: 55.9p) Due to the current economic climate and market conditions, there was a loss on inv
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