Pinnacle drops on margin falls

20th Feb 2012 09:18

Pinnacle Telecom, the Scottish company which has won the contract to supply the BBC with data services during the London Olympics, saw profit takers move in after revealing falling revenues from mobile services and a drop in gross margin. The company provides five separate streams of services relat

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Small caps round-up:Sweett, Creon, Quindell, Colliers, Pinnacle ...

24th Jan 2012 08:09

Sweett Group, an international property and construction consultancy, has entered into a pre-paid option agreement for the conditional disposal by its subsidiary company Cyril Sweett Investments of its 19% interest in the equity of E4i Holdings and loan notes in its subsidiary company, E4i Schools L

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Pinnacle makes maiden operating profit

21st Feb 2011 15:32

Penny stock Pinnacle Telecom made its maiden operating profit last year, earning £0.08m in the year to 30 September 2010, after posting an operating loss of £0.58m the year before. Turnover rose 107% to £2.09m from £0.99m a year earlier, while the loss before tax narrowed to £0.27m from £0.90m. Cas

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London close: US gives Footsie a lift

26th Jul 2010 16:42

Sentiment improved after the US open following a sluggish start, helping Footsie close with modest gains. A bigger than expected rise in US house sales reassured investors over the state of the world economy. Banks Lloyds, Royal Bank of Scotland and Barclays were all strongly ahead after they sail

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London afternoon: Pick-up at Penguin boosts Pearson

26th Jul 2010 14:37

Leading shares remain mixed ahead of the deluge of big company announcements later in the week that includes oil giants BP, Shell and BG. Tullow Oil may be smaller than the aforementioned triumvirate but its shares are outperforming all of them and the rest of the Footsie constituents today after i

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Small caps round-up: Pinnacle Telecom, Plant Health Care...

26th Jul 2010 10:31

Shares in Pinnacle Telecom jumped after said it has completed contracts to provide temporary voice and data networks for the Latitude and T in the Park music festivals. Plant Health Care (PHC) is also in demand. The biological fertiliser group signed an agreement for the agricultural products gian

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Pinnacle Telecom Has Further Supply Jobs In August

26th Jul 2010 08:19

LONDON (Dow Jones)--Pinnacle Telecom Group PLC (PINN.LN), a provider of integrated telecommunications solutions, said Monday that it has further contracts in August to supply The Big Chill Festival, V Festivals, Leeds Festival and Shambala Festival. MAIN FACTS: - The company has successfully

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Small caps round-up: Gooch & Housego, Pinnacle Telecom, Clyde Process Solution

13th Jul 2010 10:52

Shares in Gooch & Housego jumped after the optical components and systems maker upped its expectations for revenues and profits for the year ending 30 September. Investors cheered news that Pinnacle Telecom has been awarded a £750,000 one-year contract to supply integrated telecommunications for Gr

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Pinnacle Telecom Signs One Year Grass Roots Contract

13th Jul 2010 07:36

LONDON (Dow Jones)--Pinnacle Telecom Group Plc (PINN.LN)), an AIM listed provider of integrated telecommunications solutions, announced Tuesday it has been awarded a one-year contract to supply integrated telecommunications for Grass Roots Group PLC. MAIN FACTS: -No financial details disclos

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Pinnacle Telecom Completes Several Contracts

5th Jul 2010 07:50

LONDON (Dow Jones)--Pinnacle Telecom Group PLC (PINN.LN), a provider of integrated telecommunications solutions, said Monday it has successfully completed several contracts to provide temporary voice and data networks for major U.K. outdoor events including the Glastonbury contract and a voice and d

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Pinnacle Telecom 1H Loss Narrows 73%, To Seek New Acquisitions

24th Jun 2010 08:30

LONDON (Dow Jones)--Pinnacle Telecom Group PLC(PINN.LN), a provider of IP focused unified communications to the SME market, reported Thursday pretax loss narrowed by 73% for first half of fiscal 2010 and said it will continue to seek out new acquisitions. MAIN FACTS: -Revenue for the six mon

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Faroe non-exec tops up

1st Oct 2009 17:46

Tim Read, non-executive director of Faroe Petroleum, has topped up his holding despite a surge in the share price over the past two months on a stream of good news. Read bought 25,000 shares at 137p each, marking the first significant buy by a director for some time. Faroe, which is controlled by

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Man non-exec builds holdings

10th Jul 2009 17:17

Dugald Eadie, non-executive director at fund manager Man Group, has acquired nearly £100,000 worth of shares in the firm Eadie bought 40,000 shares at a price of 241.75p per share, taking his stake to 360,000. Yesterday, the fund manager reported a slight dip in assets under management in the firs

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Small caps round-up: Veris, Hightex, Inion ...

23rd Jun 2009 09:04

Property services group Veris posted a pre-tax loss of €6.7m versus the €4.8m profit last year due to the €11.3m write off of assts in the Moving and Storage division. Turnover grew by 29% in the year to €84.3m. "We anticipate that any new business wins in the short term will be offset to a greater

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Small caps round-up: Maple Energy, Braemore Resources, Leed Petroleum...

11th Jun 2009 15:02

Peru-focused Maple Energy's net loss for 2008 widened to $7.1m from $2m the year before, largely due to $3.9m of administrative costs and a loss on the Aguaytia investment. But chairman Jack Hanks reported an 18% increase in revenue to $95.3m and said Maple is "on the cusp of company-changing resul

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