Broker snap: Macro trends favour Synchronica
10th Jun 2010 10:42
Equity Development is keeping its current year revenue forecasts unchanged for mobile phone messaging group Synchronica despite the company's struggles in converting its sales pipeline into revenues. The research firm said "the revenue shortfall masked significant improvements in 2009, with 13 new
Read moreLondon close: Footsie at 2-week low
8th Jun 2010 16:14
London fell for the third session in a row Tuesday, damaged by a further slump at BP and as a wave of selling sank the banking sector. Comments from ratings agency Fitch about Britain's "formidable" budget deficit didn't go down well, but it was BP that stood out, hitting a 20-month low as the flow
Read moreUK SMALLCAP ROUNDUP: Rockhopper Mulls Main Market Move
8th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ROCKHOPPER EXPLORATION PLC (RKH.LN), an oil and gas explorer, said Tuesday it is considering a move to the main market of the London Stock Exchange follo
Read moreLondon afternoon: Miners revival not enough
8th Jun 2010 14:40
Footsie staged a small revival over the lunch time session, helped by a recovery by mining stocks, but the majority of FTSE 100 constituents are still in the red with laggards outnumbering leaders by three to one. BP is again among the worst performers as US president Barack Obama said he'd sack t
Read moreUK SMALLCAP ROUNDUP: VP To Cut Net Debt GBP10M In FY11
8th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps VP PLC (VP.LN), a U.K. equipment rental company, hopes to cut its net debt by a further GBP10 million in fiscal 2011, Group Finance Director Mike Holt sa
Read moreINTERVIEW: Synchronica In Late-stage Talks For 10 Contracts
8th Jun 2010 10:39
By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Mobile software provider Synchronica PLC (SYNC.LN) said Tuesday it is in late-stage talks on 10 contracts, and said its pipeline is sufficient to ensure it tops results from 2009. "We've got a good number of deals in the pipel
Read moreUK SMALLCAP ROUNDUP: Chloride Agrees GBP860 Mln ABB Offer
8th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CHLORIDE GROUP PLC (CHLD.LN), a manufacturer of secure power systems, Tuesday recommended an GBP860 million takeover offer from Swiss engineering giant A
Read moreSynchronica Narrows 2009 Loss But 2010 Sales Conversion Slow
8th Jun 2010 07:51
LONDON (Dow Jones)--Mobile software provider Synchronica PLC (SYNC.LN) Tuesday posted a narrowed full-year loss, but said that while its 2010 sales pipeline is at a record high, conversion of orders into sales has been slower than expected. This has resulted in less cash than expected coming int
Read moreSynchronica cautious despite higher revenues
8th Jun 2010 07:21
Revenues edged up at mobile phone messaging group Synchronica in the year to December 31, but converting its sales pipeline into revenues will need to speed up if the company is to meet expectations for the year. Pre-tax losses halved to £3.22m from £6.49m the previous year as revenues increased to
Read moreSmall caps-round up: Chime, OMG, Pinewood Shepperton,...
12th May 2010 13:27
Marketing services group Chime Communications expects operating income and operating profit to be ahead of both budget and market expectations. Image technology group OMG reported slightly higher half year pre-tax profits of £1.4m compared with £1.2m last time and said it is cautiously optimistic t
Read moreSmall caps round-up: Amphion, Bioquell, Ablon...
16th Mar 2010 10:50
Shares in Amphion Innovations jumped after the medical and technology sector said it was cautious but confident in the strength of its model following a year which saw revenue increase to $8.6m from $7.1m in 2008, but losses increase to $2.9m from $1.8m. Shares in Bioquell moved in the other direct
Read moreSmall caps round-up: Ark Therapies, Pangea, Shore Capital ...
9th Mar 2010 09:51
Shares in Ark Therapies fell back after the drug developer said it would consider approaches it has received following a recommendation that a further clinical trial would be needed before its brain cancer treatment Cerepro could be approved. Shares in Pangea Diamonds sparkled after the diamond pro
Read moreWednesday tips round-up: Cadbury, Next, Premier Oil
6th Jan 2010 06:32
Cadbury shares might rise further in what could be a long, drawn-out takeover battle but the risks appear to be increasingly on the downside, the Telegraph suggests. Irene Rosenfeld, Kraft chief executive, is out to play a slow game and would expect a higher offer to emerge. The million-dollar ques
Read moreSmall caps round-up: Solo Oil, British Polythene, Antrim Energy...
16th Nov 2009 10:26
Solo Oil lost almost a quarter of its value after it announced plans to raise £6.4m and said it has signed a farm-out agreement with Aminex to earn a 12.5% interest in the Likonde-1 well in Tanzania. The group has placed a total of 1,280,000,000 new ordinary shares at a placing price of 0.5 pence e
Read moreSynchronica gains on contract win
5th Oct 2009 10:37
Synchronica, the AIM listed mobile email and synchronisation provider, gained on news that it has signed a contract with a mobile operator in South-East Asia for its mobile email and synchronisation products Mobile Gateway and Mobile Backup. The group said the unnamed operator is a leading wireles
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