Small caps round-up: Plexus, Independent Media, Interbulk...
15th Dec 2009 09:05
Oil and gas engineering services firm Plexus Holdings has won a three year contract with a further two year option clause with Maersk Oil to supply its High Pressure/ High Temperature POS-GRIP wellhead technology. The value of the initial contract is estimated at £3m with revenues commencing in May
Read moreSmall caps round-up: Real Office, Equest Investment, African Eagle...
1st Dec 2009 13:13
Real Office is in need of additional cash and is early stage discussions with its company's bankers, the outcome of which are uncertain at this time, it says A combination of lower than projected sales for the first quarter to 31 October 2009, increased credit taken by certain customers, the addi
Read moreSmall caps round-up: Timis eyes Sound Oil...
20th Oct 2009 09:52
Sound Oil is in discussions about a possible takeover of a private company majority-owned by a trust connected with Frank Timis with oil assets offshore West Africa. The transaction under discussion is expected to represent a reverse takeover under the AIM Rules and Sound has requested that trading
Read moreSmall caps round-up: Zirax, Sabien Technology, Eredene Capital...
10th Aug 2009 09:56
Speciality chemical company Zirax said it has won the contract to supply 20,000 metric tonnes of calcium chloride based de-icers to Moscow City Council for its 2009/10 winter season. This particular contract, worth $4.0m, is principally comprised of Zirax's de-icing product IceMelt. It means Zirax
Read moreLondon close: Late rally not enough
8th Jun 2009 17:01
Footsie came off its lows towards the close of trading Monday but still finished lower, held back by a weak mining sector. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofagasta all featured among the ten worst perfor
Read moreLondon afternoon: Lloyds rump placed at 60p
8th Jun 2009 14:20
Footsie clawed back some losses over the lunch time session but remains in the red, thanks largely to the weakness of miners, which are following metals prices lower. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofa
Read morePlexus cheers £1.2m RSPOC deal
8th Jun 2009 10:57
Shares in Plexus Holdings are in demand after the oil and gas engineering services firm won a £1.2m deal with Red Sea Petroleum Operating Company (RSPOC) to supply its POS-GRIP wellhead systems for wells being drilled in the Red Sea. The value of the contract could increase to £2.4m if RSPOC takes
Read morePlexus secures £1.6m contract extension
19th May 2009 13:41
AIM listed oil and gas engineering services firm Plexus Holdings has entered into a contract extension with BP Egypt to supply its POS-GRIP wellhead systems, together with service and support for gas exploration in the Nile Delta concession. The value of the contract is estimated at £1.6m, with re
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