Wednesday tips round-up: Imperial Tobacco, JD Sports, Synchronica
23rd Sep 2009 06:46
Imperial Tobacco yesterday issued a full-year update that reassured the market on various points. In particular, there was some concern at the half-year results that the company would not raise the full-year dividend by as much as everyone had expected. The shares stands at just over 11 times forec
Read moreSmall caps round-up: Avanti Communications, Cash Converters, Gable...
22nd Sep 2009 10:37
Satellite operator Avanti Communications swung to a full-year pre-tax profit of £1.8m compared with a loss of £1.4m last time, while revenue increased to £8m from £5.9m previously. Franchised used goods retailer Cash Converters saw profit before tax in the year to 30 June 2009 rise to $23.3m from $
Read moreSynchronica signs Middle East deal
21st Sep 2009 12:52
Mobile email and data synchronisation provider Synchronica has received an order worth $162,000 from a Middle Eastern operator for a 100,000-user license to use its technology used to send text messages as emails. It is the ninth deal Synchronica has announced this year. Previous deals have come
Read moreSmall caps round-up: Tanzanite One, Plastics Capital, PetroNeft...
21st Sep 2009 08:19
Tanzanite One, which mines for the eponymous gemstone in Tanzania, fell into losses at the interim stage as revenues tumbled in line with tanzanite prices. The firm posted a pre-tax loss of £1.3m, compared with £3.9m over the same period the previous year, as revenues fell to £4.9m from £20.9m. Pl
Read moreSmall caps round-up: MDM Engineering, Panther Securities, Stratex, ...
1st Sep 2009 08:32
MDM Engineering, the minerals process and project management group that provides services to the mining industry in Africa, has been awarded a contract to undertake a scoping study for Rand Uranium. The scoping study will explore the economic viability of reprocessing medium grade gold and uranium
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 moreSmall caps round-up: Abbeycrest, Synchronica, Futura...
20th Jul 2009 08:35
Jewellery maker Abbeycrest said it is performing in line with expectations as it undergoes a turnaround plan. The unbranded jewellery business is delivering much improved results on a significantly reduced turnover, the firm said. The brands division is making good progress with its higher margin b
Read moreLondon close: Footsie dives as miners reverse course
8th Jul 2009 17:04
The decline of the Footsie gathered pace in the final hour as miners, which had provided some measure of support for the blue-chip index for most of the day, turned lower. As global equity markets continue to retreat life assurance stocks were the main losers. Aviva, Legal & General and Prudential
Read moreSmall caps round-up 2: Skywest, Symphony, Uruguay,...
8th Jul 2009 13:30
Degradable plastics and waste-to-energy outfit Symphony Environmental Technologies has topped expectations at the half-year stage, it said today. Revenue for the six months ended 30 June 2009, due to be confirmed on 10 September, rose 59% to £3.65m from £2.3m a year earlier. The firm has also cut
Read moreSynchronica to enter mobile device manufacturing arena
12th Jun 2009 16:04
Mobile e-mail and synchronisation specialist Synchronica has raised £4.7m through a placing of 189m shares at 2.5p each to finance an assault on the entry level push e-mail market. The company has entered into a collaboration agreement with third parties to design, build, market and sell low cost
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