Regenersis to dispose of repair business, change name
5th Feb 2016 16:09
(ShareCast News) - Regenersis announced a major step in its transition towards being an entirely software-based business on Friday, with the proposed sale of its Repair Services Business. The AIM-traded firm said the deal was worth €103.5 million (£80.1m) in cash, to be paid at completion, which was
Read moreRegenersis shares fall despite increase in H1 revenues and profits
17th Mar 2015 11:57
Electronics repair specialist Regenersis said its revenues and profits grew during the first half of the year driven by its Depot Solutions division. Revenues rose 2.2% to £101.9m while profits before tax more than doubled to £3.5m from £1.6m, driving earnings per share up 98% to 5.87p. Regenersis
Read moreRegenersis new director buys shares in company
15th Jan 2015 15:11
Support services group Regenersis said a new non-executive director had bought shares in the company. Frank Blin, who joined the company in December, spent £44,730 purchasing 18,000 shares at the individual price of 248.5p. The group released a trading update on Wednesday saying it expected perform
Read moreRegenersis FY profits fall amid currency turbulence
23rd Sep 2014 14:27
Mobile phone repair and insurance group Regenersis unveiled lower annual profits and warned that it was still taking a hit from currency volatility. Regenersis, which works with mobile phone networks, retailers and the likes of Samsung, Apple, HTC and Sony, said annual operating profits
Read moreTuesday broker round-up UPDATE
23rd Sep 2014 09:36
AVEVA: JP Morgan reduces target price from 2450p to 1825p, while leaving its overweight rating unchanged. African Minerals: Credit Suisse reduces target price from 120p to 25p, while leaving its neutral rating unchanged. Aviva: Goldman Sachs ups target price from 490p to 515p and reiterates a neutr
Read moreRegenersis new business flow underpins sales growth
29th Apr 2014 10:48
Technology services group Regenersis has won two new mobile phone repair contracts in Germany and Spain, and new insurance product in partnership with a leading Polish network. The AIM 100 company said the new business has been won since the half year results and so will "underpin the sales growth
Read moreSunday share tips: IPO bubble, McBride, Lifeline Scientific
6th Apr 2014 11:36
There is a bubble in initial public offerings (IPOs) that will cause awful losses for investors, the Sunday Telegraph's Questor column said. Royal Mail, with its monopoly on mail and parcel delivery and prime London property holdings, was the exception to an IPO boom that has seen companies such as
Read moreRegenersis agrees to buy Blancco Oy
31st Mar 2014 10:43
Regenersis has agreed to buy Finish data erasure software provider Blancco Oy for 60m euros. The AIM-listed company has also raised £100m through the placement of 28,986,000 new ordinary shares of 2p each at a price of 345p per share. The net proceeds will be used to fund the acquisition of Blanc
Read moreMonday broker round-up UPDATE
31st Mar 2014 10:41
African Minerals: Credit Suisse cuts target price from 280p to 200p maintaining a neutral rating. Anglo American: Credit Suisse reduces target price from 1900p to 1800p and retains an outperform rating. ARM Holdings: Barclays takes target price from 1125p to 1200p and reiterates an overweight reco
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreTesco Chairman keeps the faith after recent poor update
17th Jan 2014 16:54
Tesco Non-Executive Chairman Sir Richard Broadbent added 10,000 shares to his stake, the supermarket chain announced Friday. Broadbent, who joined the board in July 2011, bought the shares at 331.22p a piece for a total spend of £33,122. The purchase was made less than a week after the company p
Read moreThursday broker round-up UPDATE
14th Nov 2013 09:21
Afren: Goldman Sachs moves target price from 260p to 270p and retains its strong buy recommendation. APR Energy: Citi raises target price from 1250p to 1350p reiterating a buy recommendation. Atkins: Investec places both its target price (prev.: 1025p) and its reduce rating under review. Babcock
Read moreBP Chairman's wife sells shares in wake of strong share price rise
4th Nov 2013 16:26
The wife of Carl-Henric Svanberg, who has been the Chairman of oil giant BP for almost four years, sold 750,495 pounds-worth of shares in the group on Friday. In an announcement issued at the start of this week, it was revealed the director's wife sold a total of 154,821 shares at 484.75p a piece,
Read morePrezzo founder and family slice off 3.9m shares
26th Sep 2013 15:53
Restaurant chain Prezzo, which has seen its share price double to around 120p in the past year, on Thursday announced that three of its directors, including its founder, had each sold a 1.3m share slice of the company. Jonathan Kaye, the group's Chief Executive Officer, only made a slight dent to
Read moreRegenersis CFO tops up stake as results impress
24th Sep 2013 16:44
Jog Dhody, the Chief Financial Officer of Regenersis, on Tuesday acquired 39,000 ordinary shares in the outsourcing partner on the same day it posted "a strong financial performance and good growth" for the year ended June 30th. Dhody bought the shares a price of 255p per share, spending a total o
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