Westminster Group sees Africa and Middle East success
27th Jun 2012 11:21
AIM-listed security solutions firm Westminster Group has issued a chirpy trading update, including news of a new contract in the Middle East and successful operation of an airport contract in west Africa. The contract to supply "sophisticated surveillance equipment" to a Middle Eastern government i
Read moreWestminster Group sinks despite record results
31st May 2012 12:37
Shares in security solutions firm Westminster Group plunged on Thursday despite the company's record revenues and decreased losses during the year ended March 31st. Revenues more than doubled to £10.1m (2010: £3.8m), while pre-tax losses reduced from £4.2m to £2.0m. Losses per share halved to 10.19
Read moreSmall caps round-up: Cosalt, Westminster, Mobile Streams
1st May 2012 09:55
Trading in the shares of Cosalt, the cash-strapped Lincolnshire based company which provides life jackets and safety harnesses for the oil and gas industry, has been suspended as it has missed the deadline for publishing its annual results for 2011. At the moment the group is preoccupied with talks
Read moreSmall caps round-up: Westminster Group, Angle, Asterand
30th Apr 2012 08:47
Defence technology firm Westminster Group said its investment in a West African airport was looking promising and that an initial aggregate $150m revenue forecast could be achieved by the contract's eight year break point rather than the full contract term of 15 years. "Should that be the case, the
Read moreSmall caps round-up: Plastics Capital, Vislink, Westminster Group ...
25th Apr 2012 13:54
Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be
Read moreSmall caps round-up: Pilat, Westminster, Sinclair IS
23rd Feb 2012 13:35
The contracts are rolling in thick and fast at broadcasting software specialist Pilat Media Global, with a new contract with existing customer, FOXTEL management of Australia the third win the company has announced in February. The new contract has been negotiated to govern the parties' relationshi
Read moreSmall caps round-up: Netcall, @UK, Belgravium ...
20th Feb 2012 09:35
Details of the UK government's G-Cloud framework agreement are out and companies that have been picked as approved suppliers have lost little time in announcing the fact. The G-Cloud is a UK government initiative designed to bring together a collective resource of cloud-based information technology
Read moreLondon midday: Stocks drift higher after Chinese, German data
17th Jan 2012 11:43
Stocks were off their intraday highs by lunchtime but the Footsie was still some 26 points up from yesterday's close, helped by some cheery Chinese GDP data and a better-than-expected German confidence survey. Fourth quarter gross domestic product (GDP) data from China was easing fears of a hard la
Read moreWestminster Group soars on revenue growth
17th Jan 2012 11:00
Westminster Group, the security solutions firm, leapt 41.5% in morning trading after announcing revenue growth of 260% in 2011 versus 2010. Revenues for the year were approximately £10m of which £8m came in the second half. Margins in the second six months of last year are expected to be better th
Read moreWestminster wins $0.6m security contract
8th Dec 2011 13:08
Westminster Group, the AIM-listed supplier of systems solutions and products, has secured a $0.6m contract to supply a range of specialist security equipment to a sub-Saharan government in Africa. The contract is to supply a range of specialist items as part of a confidential program to equip a se
Read moreLondon close: Miners hold back FTSE 100
10th Jan 2011 17:01
The top share index was firmly in negative territory at the close of trading, despite M&A excitement concerning Smith & Nephew The joint replacement specialist jumped more than 10% following reports it turned down a bid approach from US rival Johnson & Johnson just before Christmas. Sticking with
Read moreLondon afternoon: Miners a drag
10th Jan 2011 14:20
Footsie moved sideways over the lunch time trading session. Mining stocks continue to weigh the blue-chip index down, but oil stocks provide some cheer. A decline in copper imports into commodity-hungry China sent prices for the red metal lower. Kazakhmys, which transports copper from its Kazakhsta
Read moreSmall caps round-up: Omega, Edenville, Vatukoula ...
10th Jan 2011 09:20
Omega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
Read moreFriday tips round-up: RPC, Rio Tinto, DS Smith...
17th Dec 2010 06:57
RPC Group has spent ten years wooing Denmark's Superfos Industries but has finally won the day after its rival agreed to a £205m takeover. Making soup containers for Waitrose and coffee capsules for Nespresso machines may have all the hallmarks of a defensive stock. But the Superfos deal has turned
Read moreSmall cap round-up: Aurelian, Camco, African Copper...
18th Jan 2010 10:46
Eastern Europe-focused oil and gas explorer and producer Aurelian is to raise about €32m to fund well development. Shares in Camco International jumped after the carbon credit specialist said it ended 2009 with a strong cash position and expects recent developments in the US to present substantial
Read more