Small caps round-up: Sirius, Sterling Energy, Amur ...
23rd Jul 2010 11:03
Mining and exploration holding company Sirius Exploration saw losses swell to £3.8m in the year ended 31 March from £0.5m a year ago "We will continue to develop these opportunities whilst also potentially acquiring other potash projects to diversify risk and ensure we move rapidly towards our goal
Read moreSterling Energy 1H Pretax Profit $0.1M Vs Loss $15.7M
23rd Jul 2010 07:34
LONDON (Dow Jones)--Sterling Energy PLC (SEY.LN), an oil and gas company with interests in the Middle East, and Africa, said Friday that it made pretax profit of $0.1 million for the half year ended June 30, compared with loss of $15.7 million MAIN FACTS: -Group turnover decreased 25% to $12
Read moreSterling Energy: Sangaw Well Drilling Ahead At 1,505 Meters
10th Jun 2010 11:01
LONDON (Dow Jones)--Sterling Energy PLC (SEY.LN), an AIM listed independent oil & gas exploration and production company with interests in Africa and the Middle East, announced Thursday its Sangaw North #1 exploration well is currently drilling ahead at 1,505 meters. MAIN FACTS: -Since May 7
Read moreSmall caps round-up: Sterling Energy, SnackTime, LSL Property Services
7th May 2010 18:44
Oil and gas exploration company Sterling Energy said adjusted earnings before interest, tax, depreciation and amortisation totalled $2,1m in the first quarter of 2001. The company made a loss after tax of $1.3m on revenue from oil sales of $4.76m. Cash as at 30 April 2010 of $109.3m. The company sa
Read moreSmall caps round-up: Artisan, Cashbox, Offshore Hydrocarbon...
29th Mar 2010 11:56
Housebuilder Artisan has seen some improvement in its business in recent months, with losses in the half year to December down to £0.7m from £1.7m on sales of £4.2m against £5.1m. "Since the end of the period under review, the mortgage market appears to have eased a little with mortgage funds start
Read moreShea takes Daniel Stewart stake to 15%
6th Jan 2010 14:58
Peter Shea has added to his holding in broker Daniel Stewart Securities. Shea is chief executive of the broker and this is his first transaction in the shares since early September before a link up with Cairo-based Prime Group was announced. Middle East investment bank Prime was going to invest £2
Read moreCadbury directors add to stakes
5th Jan 2010 16:19
Cadbury non-executive directors are showing their confidence in the confectionery company by adding to their shareholdings. They swapped part of their quarterly directors' fees for the shares. The share buying came before Nestle said that it would not bid for Cadbury and Kraft increased the cash ele
Read moreSmall caps round-up: Billing Services, Eros, Sterling Energy ...
4th Jan 2010 15:39
Billing Services, which provides payment and financial risk management services to the telecommunications industry, has paid down $2.8m of its senior debt, reducing its senior debt level to $80.1m. AIM-listed Indian media and entertainment company Eros International has announced plans to raise in
Read moreLondon close: Footsie slips back
20th Oct 2009 16:50
There was no shortage of company news to give Footsie direction but it was the release of housing data in the US that ultimately dragged the leading share index into the red. Housing starts increased to a seasonally-adjusted annual rate of 590,000 last month, up 0.5% above a revised 587,000 in Oct
Read moreLondon afternoon: Footsie pulled both ways
20th Oct 2009 14:19
Footsie is struggling to find any sense of direction despite some big movements in individual companies' share prices. Fast growing software company Autonomy is finding the market hard to please. Despite another spell of strong organic growth in the third quarter, the shares are the worst performer
Read moreLondon midday: Banks drag Footsie down
20th Oct 2009 12:04
Footsie made a valiant effort to finish the morning in the blue but came up just short, thanks largely to the weakness of financial stocks. Barclays is sharply lower, after Qatar's sovereign wealth fund said it was selling half of the warrants it holds in the bank. Qatar Holding is selling 379.22
Read moreSterling finally offloads US business
20th Oct 2009 09:29
Oil and gas exploration company Sterling Energy has sold off its US business for an initial $90m. Sterling announced its intention to sell its US business in April 2008 but found it difficult to find a buyer at the right price in the midst of the global financial crisis. With the price of gas stab
Read moreThursday tips round-up: United Utilities, Yell, Game
24th Sep 2009 06:01
Even at eight times next year's forecast earnings, United Utilities is not a stock to be buying, and is probably not even one to hang on to for investors looking to cash in any time soon. Water is a decent backbone for a portfolio, but United Utilities looks the weakest link among its peers. Sell, s
Read moreSmall caps round-up: Pantheon Leisure, ILX, Zamano...
23rd Sep 2009 09:01
Leisure firm Pantheon Leisure said its subsidiaries - The Elms Group Limited and Sport in Schools Ltd - are performing in line with our expectations. Pre-tax losses for the six months to June rose to £275,000 against £71,000 last year on revenue that rose to £601,000 against £548,500. E-learning so
Read moreStrategic investor moves in at Sterling Energy
14th Aug 2009 08:09
A takeover is off the agenda at Sterling Energy which has, instead, elected to secure its financial position through a share placing. The company is to raise £62.5m (gross) through a placing of shares at 1.3p per share. The placing price is less than half the closing price of the shares on Thursda
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