Octagonal sees interim profits surge at GIS subsidiary
11th Nov 2020 08:32
(Sharecast News) - Financial services company Octagonal posted a marked increase in profits from its Global Investment Strategy trading subsidiary on Wednesday.
Read moreOctagonal subsidiary GIS ends year in solid position
12th May 2020 15:21
(Sharecast News) - Octagonal updated the market on its primary, wholly-owned trading subsidiary Global Investment Strategy UK (GIS) on Tuesday, saying the division was expecting to report EBITDA of £1.65m on sales of £5.8m for the year ended 31 March.
Read moreOctagonal shares jump after profits climb
13th Nov 2019 12:50
(Sharecast News) - Shares in Octagonal surged on Wednesday after it reported a jump in interim profits following double-digital revenue growth.
Read moreOctagonal tanks as subsidiary expected to report sales decline
1st May 2019 13:23
(Sharecast News) - Octagonal's shares plummeted on Wednesday after it warned that its subsidiary Global Investment Strategy UK (GIS) is expected to report a decline in earnings and sales for its most recently ended financial year due to "challenging geopolitical uncertainties".
Read moreOctagonal's GIS reports a rise in revenue as it gaines from weak sterling
20th Oct 2016 09:34
(ShareCast News) - AIM-listed financial services investment company Octagonal's subsidiary Global Investment Strategy reported an record revenue for the first half of the year as the company benefited benefited from the weak pound. In a trading update for the six months ended 30 September, GIS repor
Read moreDirectors dealings: LondonMetric directors sell as quarterly dividend declared
24th Aug 2016 17:55
(ShareCast News) - LondonMetric Property directors sold more than £1.5m-worth of shares in the company, which on Wednesday declared a first quarterly interim dividend of 1.8p a share. The ex-dividend date was 1 September, with the record date being 2 September and the dividend payment date diaried f
Read moreOctagonal notes subsidiary GlS' record Q1
28th Jul 2016 13:19
(ShareCast News) - Investment company Octagonal said subsidiary Global Investment Strategy UK Ltd (GIS) has reported a record first quarter with sales of £1.54m and an unaudited net profit of £0.64m. "Whilst political and economic events have caused markets to be uncertain, GIS has delivered a robus
Read moreOctagonal non-exec director picks up 3.3m shares
12th Jan 2016 15:03
(ShareCast News) - Octagonal's non-executive director Martin Davison bought a total of 3.3m shares in the investment company via his pension fund. Davison purchased 3m at 1.2p each last Friday and 265,000 at 0.95p each last Monday, bringing his total holding to 10.8m, or a 1.92% stake. Meanwhile, F
Read moreThursday broker round-up
15th Oct 2015 10:40
(ShareCast News) - Serco Group: HSBC downgrades to reduce, cuts target price to 77.00p. Burberry Group: Bank of America downgrades to neutral. Target price: 1500.00p. Nomura reiterates to buy, cuts target price to 1700.00p. WH Smith: Peel Hunt Limited downgrades to add, raises target price to 1680.
Read moreOctagonal posts strong first quarter following GIS acquisition
27th Jul 2015 13:14
(ShareCast News) - Octagonal rose on Monday after reporting a strong quarter following the acquisition of Global Investment Strategy (GIS). The GIS business, which was acquired last month, posted a turnover of £1.34m and a net operating profit of £0.55m during the first quarter. GIS is an UK-based s
Read moreOctagonal's Global Investment Strategy business enjoys record quarter
6th Jul 2015 14:51
Investment company Octagonal said its Global Investment Strategy UK (GIS) business enjoyed a record quarter of business activity, with 12,000 transactions+ in June. GIS saw an increase in total settled transactions of 50.3% compared with the same quarter last year, with 30,000 transactions. New clie
Read moreOctagon surges on Global Investment Strategy acquisition
12th Jun 2015 08:15
Shares in Octagon surged almost 50% early on Friday, after the investment company said it has agreed to acquire the remainder of financial service business provider Global Investment Strategy UK (GIS). In April, the company, which did not provide any financial details of the acquisition, had acquire
Read moreOctagonal boosted as investment GIS reports strong two months
11th Jun 2014 09:12
AIM-listed Octagonal, which holds close to a 10% stake in custody and clearing company Global Investment Strategy (GIS) UK as its main investment, has reported a strong operational performance by GIS for both April and May. During the two months, the total settled transactions surpassed 12,000, wi
Read moreNo known reason for share price jump, Octagonal says
8th Jan 2014 12:35
Security systems provider Octagonal said Wednesday that it didn't know why its share price has risen. It said that while its policy is to invest in and acquire companies within the natural resources and agriculture sectors, it was not at the time in any "advanced talks" with any such firms. The
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