1pm acquires MH Holdings for £12m
28th Jul 2015 17:00
(ShareCast News) - Finance firm 1pm has acquired MH Holdings for £12m and plans to raise £7.3m in a placing of shares to fund the deal. MH Holdings is a provider of equipment finance and an equipment and vehicles broker with an annualised turnover of £5.1m. It is the only trading company of which is
Read more1pm hikes pre-tax profit, announces first final dividend
24th Jul 2015 14:15
(ShareCast News) - Finance firm 1pm announced a maiden dividend as it reported a 20% hike in pre-tax profits for the year. The AIM listed company, which lends money to SMEs, posted pre-tax up a fifth to £1.62m, from £1.35m the year before. Revenues were up 31% to £5.5m from £4.2m, off a record 49%
Read more1pm up nearly 18% after saying full-year profit and revenue will be ahead of expectations
10th Jun 2015 12:24
Shares in the asset finance company 1pm jumped nearly 18% on Wednesday after the company said its full-year results will be ahead of market expectations. The group expects revenues and profits to be ahead of forecasts thanks to strong demand for finance from SMEs, and lower costs. It said its asset
Read moreMonday broker round-up UPDATE
27th Oct 2014 10:05
Aquarius Platinum: Deutsche Bank shifts target price from 28p to 30p and maintains a buy recommendation. Dechra Pharmaceuticals: FinnCap ups target price from 800p to 840p and reiterates a buy recommendation. easyJet: Morgan Stanley moves target price from 1650p to 1665p leaving its overweight rati
Read moreFriday broker round-up UPDATE
13th Jun 2014 09:23
African Minerals: Deutsche Bank reduces target price from 316p to 249p maintaining a buy recommendation. Atkins: Numis ups target price from 1650p to 1700p and keeps a buy recommendation. JP Morgan reduces target price from 1619p to 1548p and reiterates its overweight rating. Ferrexpo: Deutsche Ba
Read more1pm to deliver results ahead of expectations
12th Jun 2014 12:59
AIM-listed 1pm, a specialist financial provider to the small and medium enterprise (SME) sector, has said its results for the year ended May 31st will come in slightly ahead of market expectations. The year, which marks 1pm's fourth consecutive year of organic growth, saw continued strong demand f
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreDirectors at Thorntons top up as profits return
12th Sep 2013 16:31
The Chairman of chocolatier Thorntons has boosted his stake in the company with the addition of 125,000 shares in a purchase made the same day the group revealed the restoration of its profits. Paul Wilkinson, who has held his current position since February of this year, bought the shares for 89p
Read more1pm posts 24 per cent rise in half year revenue
21st Jan 2013 12:39
1pm, the specialist provider of asset finance facilities to the SME sector, posted a 24 per cent increase in revenue for the half year ended November 30th, indicating profits will be significantly ahead of current expectations. This marked a rise to £1.42m from £1.15m in the same period the previ
Read more1pm party time as new business levels grow
17th Sep 2012 08:45
The specialist provider of asset finance facilities to the SME sector, 1pm, says trading has been good between June and August as new business has filtered through to revenues. Operating profits for the first quarter were £171k versus £109k in the prior year while the lease portfolio gained 9% to
Read moreSmall cap round-up: Intandem Films, 1pm, Hardide, Asterand
11th Jun 2012 12:49
International film group Intandem Films has become one of only 10 companies in the world to secure financing via the California Film Commission (CFC) Tax Credit Lottery. The lottery is the name given to the annual selection of films and TV shows eligible to receive a tranche of the $100m allotted
Read moreSpectris director trims stake
5th Mar 2012 15:45
Roger Stephens, Head of Commercial and Company Secretary of Spectris, the FTSE 250 high-flying instrumentation and controls group, has sold a stack of shares in the firm less than a month after the firm unveiled better-than-expected profits before tax and hike in the dividend. Stephens, who joined
Read moreThorntons Chairman buys 400,000 shares
22nd Feb 2012 15:39
John von Spreckelsen, Chairman of chocolate retailer Thorntons, has bought up 400,000 shares in the firm, one week after it reported that its pre-tax profit more than halved after heavy discounting. Spreckelsen, who last year announced his intention to quit the firm before the end of September, bu
Read moreSmall caps round-up: Monitise, YouGov, 1pm ...
9th Feb 2012 11:07
Monitise has announced a collaboration with Visa, in which Visa DPS will use Monitse's mobile services. The services allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transactio
Read more1pm confident porfolio will grow
7th Oct 2011 08:33
1pm, a provider of lease asset finance to the SME sector, updated the market on its progress in a presentation at its annual general meeting. Managing director Maria Hampton, who gave the presentation, said: "It has been a pleasing start to the trading year. In the quarter to 31 August 2011 the bu
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