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Thursday 02 Feb 2017‹ Previous 2017-02-02 Next ›
27%: Significant earnings downgrades YET AGAIN for Restaurant Group
Thursday 02 Feb 2017Analysts have slashed 2017 earnings forecast for Restaurant Group ( RTN ) by an astonishing amount as turnaround efforts by the Frankie & Benny’s and Garfunkel’s operator have yet to make a positive impact. Investec’s pre-tax profit forecast is cut from £75.6m to £54.9m, equal to a 27%...
128.2 miles
Thursday 02 Feb 2017This is how far the line would stretch if you laid down head to feet the 130,000 subscribers in India mobile phones apps store Mobile Streams ( MOS:AIM ) claims to have signed up. That’s about 86% of the 150-odd miles between Dehli and Jaipur, also known as India’s ‘Pink City.’ The UK company has...
5p per share
Thursday 02 Feb 2017The price at which new non-executive director Michael Butler agreed to subscribe for 2m new shares in cash-strapped mobile phones network The People’s Operator ( TPOP:AIM ) , matching the level of the firm’s recent £1.7m cash call. This represents a sickening, if unsurprising, collapse for...
£47m - Kromek's big take from shareholders
Thursday 02 Feb 2017X-ray technology developer Kromek ( KMK:AIM ) has raised £47m from investors since IPO on 16 October 2013. Sadly, progress has been slow going and the current market value of the business stands at £33.8m, substantially below the £55m capitalisation when joining AIM. The Durham University spin-out...
15.9%: Number of adults in Europe classed as obese
Thursday 02 Feb 2017Obesity is becoming an increasingly big issue for governments and businesses. In Europe, 15.9% of people over the age of 18 are classified as obese. Scotland is considering enforcing parking restrictions to get people to walk more, while France recently banned unlimited fizzy drinks in restaurants...
11%: Purplebricks shares surge on social media reveal
Thursday 02 Feb 2017The share price of online estate agency Purplebricks ( PURP:AIM ) surged 11% after the company revealed a record January for valuations and instructions on Twitter (26 Jan) – but failed to tell shareholders via official news channels. Embarrassingly the company issued a statement to the stock...
2,500 tonnes: Revolution Bars goes ice ice crazy
Thursday 26 Jan 2017Behind the scenes of every establishment owned by Revolution Bars ( RBG ) is a network of ice machines pumping out blocks of frozen water. The company says it produced more than 2,500 tonnes of ice in 2016 for use in its cocktails which typically sell for £9 a pop. Chief executive Mark McQuater...
£60,000: Not quite the millions priced into Fitbug’s shares
Thursday 26 Jan 2017Investors were ecstatic when Fitbug ( FITB:AIM ) won a one-year contract with an Asian financial services company with 14,000 staff for its health monitoring kit, prompting the share price to rise 467% in a day (18 Jan) from 0.164p to 0.93p. Its market value went from £2m to £11.4m; that’s until...
Logistics names in focus
Thursday 26 Jan 2017This is the equivalent area covered by the logistics-focused Tritax Big Box REIT’s ( BBOX ) 18.2 million square foot portfolio. Tritax owns and rents out huge warehouses to well-known companies including Amazon (AMZN:NDQ) and Tesco ( TSCO ) . A 19 January update suggested demand continues ‘unabated...