AEC.L Share News (AEC)

AEC Education Singapore Unit Bailed Out By Its Chief

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

AEC Education Revenues Weaken As Singapore Woes Offset Europe Growth

Wednesday broker round-up UPDATE

AEC Education: WH Ireland lowers target price from 16p to 11p retaining a buy recommendation. Bodycote: JP Morgan downgrades to underweight with a target price of 495p. BTG: Deutsche Bank ups target price from 440p to 475p retaining a buy recommendation. De La Rue: Investec raises target price fr

AEC Education sells examinations subsidiary to Pearson

Educational programmes provider and exams setter AEC Education has agreed to sell its non-core examinations subsidiary, Educational Resources, to Pearson Education South Asia, part of the Pearson group. The businesses, which provides London Chamber of Commerce & Industry examinations in Asia, will

Small caps round-up: Craven House Capital, OMG, AEC Education

Craven House Capital has agreed to purchase 490 shares in Ceniako, equal to 49 per cent of Ceniako's total issued share capital, from its owner. The shares are being bought at around 2,040 euro per share, equal to a total of one million euro. Ceniako's owner will subscribe for 62.89m new ordinary sh

AEC Education gets an A*

Educational programmes provider and exams setter AEC Education went to the top of the class on Friday after raising its profits guidance for 2011. The group reported a "very strong finish to the year" in Singapore and said it believes profit before tax for the year ended December 31st will be ahead

Small caps round-up: Transense Tech, WH Ireland, Animalcare ...

Animalcare Group, a supplier of veterinary medicines, has said that its Project Quatto has received marketing authorisation from the Veterinary Medicines Directorate. The firm can now place the product on the market. The first sales are expected by the end of the current financial year. WH Ireland

Small caps round-up: Berkeley Mineral, Goldplat

A delay in its acquisition of a zinc asset in Zambia has sent shares in miner and metals processor Berkeley Mineral Resources sharply lower. Completion of the acquisition of the Kabwe tailings dump, where materials left over from previous mining operations are processed, is now expected to take pl

Small caps round-up: AEC Education, Treveria, ReGen...

Asia-focused teaching group, AEC Education, have shown a strong progress in the half year to June 30, boasting a revenue increase of 169% to £8.64m (2009: £3.21m). This result is contributed heavily by the first full six month contribution from Malvern House (£4.12m), the London-based English langua

AEC Education FY Pretax Profit GBP14.0M, Pays Maiden Dividend

LONDON (Dow Jones)--AEC Education PLC (AEC.LN), a provider of educational courses, said Friday that for the year ended Dec. 31, 2009, it made a pretax MAIN FACTS: -Revenues more than doubled to GBP14.0 million (2008: GBP6.1 million) - reflecting partial contribution from acquisitions -Op

Small caps roundup: AEC Education, Cryptologic, DiamondCorp...

Asia focused teaching group, AEC Education, has paid £442,000 for the 70% of a pair of Malaysian educational institutes it doesn't already own. The company had snapped up 30% of the IMS Professional Training Services and Kasturi Management Consultancy in April last year. Online betting games and

Small cap round-up: Photo-Me, Cosalt, AEC Education...

Photo booth group Photo-Me's revenue from continuing operations and underlying pre-tax profit both increased in the quarter from 1 May to 31 July 2009, helped by currency movements. Net debt decreased in the quarter and the group completed the disposal of Imaging Solutions, the loss-making wholes

London close: Footsie ends down

London's top stocks have finished slightly lower despite a late flurry as a lacklustre start on Wall Street kept stocks down. Indian refiner and miner Vedanta led the mining sector lower after saying it is to raise $1bn through an issue of convertible bonds, though major shareholder Volcan has decl

London afternoon: Stocks still in the red

London's top stocks are still in the red, with a lower start on Wall Street adding to the earlier pressures. Indian refiner and miner Vedanta leads the mining sector lower after saying it is to raise $1bn through an issue of convertible bonds, though major shareholder Volcan has declined to take p