ACE.L Share News (ACE)

Surface Transforms Narrows First-Half Loss As Revenues Rise 38%

LONDON (Alliance News) - Surface Transforms PLC, the manufacturer of carbon fibre reinforced ceramic materials, on Monday reported a 38% rise in revenue, and narrowed its losses in the first-half of the year. Surface Transforms narrowed its pretax loss to GBP373,000 in the six months ended

Auhua Clean Energy Will Now Pay For Taiwan Ziolar With Shares Alone

LONDON (Alliance News) - Auhua Clean Energy PLC Monday said it will now pay for its acquisition of Taiwan Ziolar by issuing shares and will no longer also issue a loan note, after its shares rose significantly since it originally proposed the deal. Under an initial heads of terms agreement

Surface Transforms Raises GBP327,000 In Placing At 25% Discount

Auhua Raises GBP1.3 Million Through Share Issuance

DIRECTOR DEALINGS: Auhua Clean Energy Director Transfers Shares

DIRECTOR DEALINGS: Surface Transforms Non-Exec Transfers Shares

Auhua Increases Profit Despite Slowdown In Chinese Property Market

Monday broker round-up UPDATE

Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu

Auhua Clean Energy reports revenue rise in 2012

Auhua Clean Energy on Tuesday posted a 'solid' trading performance for the year with a 30 per cent increase in revenues. Ahead of its results for 2012, the China-based environmental technology group said revenues reached 218m yuan and profit before tax for 2012 is expected to be moderately ahead o

AIM membership shrinks again in March

For the second month in succession, 11 companies left AIM in March while seven new companies joined London's junior market. As a result, the number of companies listed on the Alternative Investment Market (AIM) dipped to 1,118 at the end of March from 1,122 at the end of February. According to a r

Bright start for AIM-listed Auhua

Barely pronouncable solar power firm Auhua Clean Energy enjoyed a solid first day of trading on AIM on Monday, finishing the day more than a tenth above its listing price. The company raised £1m through a flotation of shares at 40p each, Shares opened 4p higher on Monday, before closing at an intra

London close: US cheer gives Footsie another lift

An already buoyant Footsie enjoyed a second wind in late trading as manufacturing data from the US added to hopes that the global economy remains on course for recovery. The Institute for Supply Management's factory index rose to 56.3 from 55.5 in July, against expectations of a decline. That gav

London afternoon: Morning's gains consolidated

Leading shares moved sideways over the lunch time session, consolidating the morning's gains. In the battle of the "bid speculation" stocks, package tour operator TUI Travel leapfrogged over Cable & Wireless Worldwide (CWW) to claim the prize as best performing blue-chip. TUI Travel is higher on h

London midday: Bid talk boosts Footsie pair

It is a quiet day on the corporate news front and, as is often the case on such days, bid gossip is occupying the thoughts of traders. Cable & Wireless Worldwide (CWW), the demerged part of Cable & Wireless that is predominantly comprised of the telecoms giant's UK business, is being touted as a po

Accident Exchange close to debt for equity swap

A day after the company lost a quarter of its stock market value, cash-strapped vehicle replacement firm Accident Exchange has issued an update on its refinancing negotiations and it looks like existing ordinary shareholders will see their stakes substantially diluted. The company said that negotia