Inland's West Drayton promise
31st Mar 2011 10:48
Brownfield land developer Inland's interim figures include the first contribution from Drayton Garden Village which could significantly boost the company's NAV in the next few years. AIM-quoted Inland's underlying NAV is 24.8p a share but Inland can earn a 90% profit share on the Drayton developme
Read moreInland repays RBS loan
20th Dec 2010 15:07
Brownfield land developer Inland has repaid all its borrowings from RBS so that it does not incur any penalty. The revolving facility with of £9.3m with RBS reduced periodically and expired on 30 June 2011. Inland says that RBS would "receive inordinately high fees" if the loan were not paid off by
Read moreLondon close: Footsie limps higher
11th Oct 2010 16:38
Footsie closed just a few points higher Monday after a sluggish day's trading that saw the leading share index fluctuating in a narrow range just above the zero mark. Oil services group Petrofac firmed on the back of a lucrative contract win. The government of Sharjah has appointed the company t
Read moreLondon afternoon: Stocks tread water
11th Oct 2010 14:34
The blue-chip index trod water over the lunchtime session with the majority of leading stocks consolidating the morning's gains. Oil services group Petrofac is firmer on the back of a lucrative contract win. The government of Sharjah has appointed the company to take over operational responsibilit
Read moreSmall caps round-up: Sagentia, Conroy Diamonds, Imaginatik ...
11th Oct 2010 13:24
Shares in Sagentia moved higher after the technology and product development consultant said profits for the full year will be ahead of previous expectations following a better than expected summer. 'Consultant utilisation has remained high over the summer contrary to the anticipated seasonal slo
Read moreInland:GLA Ratifies Hillingdon Borough's Decision For New Development
1st Jul 2010 08:26
LONDON (Dow Jones)--Inland PLC (INL.LN) said Thursday the Greater London Authority ratified Hillingdon Borough's decision to grant planning permission for 773 homes and 55,000 square feet of commercial space. MAIN FACTS: -Greater London Authority have also confirmed that it doesn't have any
Read moreRightmove founder sells 1%
21st Jun 2010 16:30
Rightmove managing director Ed Williams has sold nearly 1% of the estate agency for just short of £8m. Williams was the founder of the rightmove.co.uk website that formed the basis of the group. He has sold nearly 1.14m shares at 699.9325p each. That leaves Williams with 1.1% of Rightmove. The imm
Read moreFaroe FD buys ahead of rights issue
29th Apr 2010 16:37
Faroe Petroleum's finance director Iain Lanaghan bought shares prior to them going ex-rights. The oil and gas explorer and producer is raising £69.8m via a two-for-three rights issue at 100p a share. Faroe will receive £65.1m after expenses and this will take its net cash to nearly £90m. Lanagh
Read moreBP non-exec increases stake
31st Mar 2010 16:27
On Monday, BP non-executive director George David acquired 18,815 ADSs in the oil and gas giant for $56.89 each, followed by a further 1,185 ADSs at the same price the following day. This equates to 120,000 ordinary shares in total. The equivalent share price is 568.9p. This takes David's stake in
Read moreInland returns to profit
19th Mar 2010 10:03
Brownfield site developer Inland reported a return to profitability at the half-year stage and said it looks forward to the next six months with renewed optimism The group made a pre-tax profit of £107,000 in the six months ended 31 December compared with a loss of £4.95m last year. Turnover jumped
Read moreFriday tips round-up: QinetiQ, LSE, Petropavlovsk
22nd Jan 2010 06:04
Profit warnings come in threes - or so the old stock market adage goes. That's why QinetiQ's second profit warning in a matter of months is a major concern, says the Telegraph. There are better opportunities elsewhere in the market for capital appreciation, so Questor advises taking the loss on the
Read moreSmall caps round-up: Entertainment One, Avon Rubber, African Eagle ...
21st Jan 2010 13:01
Entertainment One, trading down at 13.5p last March, hit 65p today after predicting better than expected full-year results following a strong third quarter. The firm behind the Twilight vampire films said the film business has made excellent progress, with 97 films released so far this financial ye
Read moreMcKenna's Ingenious discount
17th Dec 2009 16:06
Non-executive director Patrick McKenna has taken advantage of a large discount to net asset value to snap up 12.6m shares in investment company Ingenious Media Active Capital. The total cost of the stake was £5.8m. He paid 46p a share compared with a net asset value of 65.6p a share at the end of
Read moreSmall caps round-up: Inland, Imaginatik, Judges Scientific ...
11th Dec 2009 07:37
Brown land developer Inland has completed the sale of its site in Horsham, West Sussex for about £900,000, an existing property in Watford and a small brownfield plot in Mill Hill for a total sum of approximately £900,000. These disposals achieved free cash of £1m after repayment of the associated
Read moreSpouse cashes in CSR chips
5th Nov 2009 16:32
CSR chief technology officer James Collier's wife has sold 377,750 shares in the bluetooth and Global Position System chips maker at prices between 422.5p and 439.4p a share. That cuts Collier's stake to 1.02m shares, or 0.56%. On 2 March 2009, Collier exercised an option over 382,002 shares at 5.
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