The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAminex Share News (AEX)

Share Price Information for Aminex (AEX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.825
Bid: 1.75
Ask: 1.90
Change: 0.10 (5.88%)
Spread: 0.15 (8.571%)
Open: 1.70
High: 1.80
Low: 1.70
Prev. Close: 1.70
AEX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Hostmore revenue jumps, Aminex loss halves

Fri, 28th Apr 2023 19:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

----------

Hostmore PLC - West Sussex, England-based owner of casual dining brand Fridays and cocktail bar and restaurant brand 63rd+1st - Reports total revenue in the 52 weeks to January 1 rose 23% to GBP195.7 million from GBP159.0 million, a year ago, while earnings before interest, tax, depreciation and amortisation fell to GBP31.1 million from GBP34.5 million. Basic loss per share was 77.8 pence widened from 1.3p before while loss from operations totalled GBP91.9 million compared to a profit of GBP11.0 million. Adds the cost reduction exercise was completed in the first quarter of the new financial year, reducing overheads by GBP1.8 million on an annualised basis. Adds revenue in the first 16 weeks of the new financial year is 2% higher year-on-year.

----------

Aminex PLC - Africa-focused oil and gas company - Reports loss for the year to December 31 of USD4.1 million halved from a USD8.6 million loss a year prior. Says company now debt free following share placement. Highlights further reduction in gross general and administration costs USD1.46 million in 2022, a cut of 19% from 2021 and a significant reduction from 2018 levels when cost control measures commenced. Expects 2023 to be a decisive year with significant information flow regarding multiple work streams.

----------

Hiro Metaverse Acquisitions I SA - special purpose acquisition company sponsored by Hiro Sponsor - Reports pretax loss of GBP5.3 million in the year to December 31 widened from GBP152,288 a year prior with loss per share of 0.41 pence compared to 0.04p.

----------

Financials Acquisition Corp - Cayman Islands-based special purpose acquisition company - Reports interest income in period from incorporation August 31 to December 31 of GBP1.5 million. Net loss before finance expense was GBP16.9 million with a basic loss per share of 5.64 pence. Says "We remain confident that we will be able to announce a business combination within the time constraints referred to in the prospectus."

----------

Pineapple Power Corp PLC - cash shell with a focus on acquisitions in clean and renewable energy sectors - Reports pretax loss in year to December 31 of GBP367,956 narrowed from GBP1.0 million a year prior. Loss per share totalled 0.0057 pence compared to 0.0170p.

----------

Kendrick Resources PLC - London-headquartered mineral exploration and development company - Reports pretax loss of GBP1.0 million in the 12 months to December 31 widened from GBP325,000 a year prior while loss per share narrowed to 0.68 pence from 2.90p. Says despite strong global headwinds the company has made significant progress during the period. "We feel as we advance our project base, Kendrick will assume a position where its full market potential is realised," chair Colin Bird states.

----------

African Pioneer PLC - Namibia-focused exploration and development company - Reports pretax loss in the year to December 31 of GBP670,871 compared to restated profit of GBP273,471 a year prior. Basic loss per share totalled 0.35 pence compared to earnings per share of 0.24p before. Net asset value at December 31 was GBP5.4 million down from GBP6.1 million the year before. Says "We are confident that African Pioneer has an excellent copper resource base and is well positioned for such corporate activity."

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
20 May 2013 09:24

Aminex deal delays pile pressure on finances

Oil and gas explorer Aminex has yet to secure a long-awaited buyer for its US assets nor a farm-out partner for its major projects in Tanzania. The lack of a deal has put pressure on the company's finances, with the refinancing of a short-term loan required soon. However, one of the the three p

Read more
29 Jan 2013 08:50

Aminex extends bidding period for Ruvuma Basin farm-out

Aminex, an exploration company focused on East Africa, said Tuesday that it has extended the bidding period for its proposed farm-out of an interest in the onshore Ruvuma Basin, Tanzania, where it made a discovery of natural gas and condensate in 2012. The extension was made at the request of seve

Read more
22 Jan 2013 08:31

Aminex falls as chief executive departs

Aminex, an exploration company focused on East Africa, fell on Tuesday after the firm said its Chief Executive was to leave immediately. The firm said Stuard Detmer was also stepping down as a director of the company "to pursue other business interests" with immediate effect. Chairman Brian Hall w

Read more
17 Jan 2013 13:53

Aminex shakes hands on an 8.0m dollar loan facility

Aminex, an exploration company focused on East Africa, has agreed an eight million dollar loan facility with a fund manager by Argo Capital Management, with which the company has had a long standing relationship. The loan, which carried a 12.5% coupon (rising to 15% per cent from July 1st 2013), h

Read more
22 Nov 2012 11:12

Solo puts Tanzania assets on the table

Solo Oil has begun marketing the farm-out of its oil and gas assets in the Ruvuma Basin of Tanzania in collaboration with Aminex. It is offering firms up to 50% interest in the licences in return for any "financially robust partner" funding a disproportionate share of the planned forward work prog

Read more
19 Nov 2012 09:41

Aminex falls as US sale plans delayed further

Aminex, an exploration company focused on East Africa, fell after it said a planned sale of its US assets had slipped back into 2013. The firm also said talks over a $15m loan, repayable from the proceeds of the sale of the US assets, were ongoing and were expected to be concluded "in the near futu

Read more
2 Jul 2012 11:32

Aminex Tanzania estimates quadruple

Aminex, the oil and gas explorer has issued a big upgrade of the resources at the Ruvuma and Nyuni Area Licences in Tanzania. A new study of the area has come back with a total "undiscovered" estimate of 5.75 trillion cubic feet (TCF) in place at Ruvuma and of 5.67 trillion cubic feet of gas in pl

Read more
28 Jun 2012 11:40

Aminex comes up trumps in Tanzania

Aminex, an exploration company focused on East Africa, has announced a successful test of its gas discovery in southern Tanzania. The work on the Ntorya-1 well showed gas flowing at a maximum rate of 20.1m standard cubic feet per day (the equivalent of 3,350 barrels of oil per day). Aminex's Chief

Read more
28 Jun 2012 08:26

Solo Oil and Aminex leap on Ruvuma Basin update

Shares in Solo Oil and Aminex jumped on Thursday morning after the companies announced signficant results from the flow testing of the Ntorya-1 well at its discovery in the Ruvuma Basin onshore in southern Tanzania. The firms reported that the well flowed gas at a measured rate of 20.1m cubic feet

Read more
16 May 2012 10:30

Resource round-up: Caspian Holdings, Aminex, Continental Coal

Caspian Holdings reported good progress on its drilling programme at La Parrilla, located in southwest Spain. La Parrilla, a former producing open pit mine, closed in the 1980s. But the firm said its latest assay results showed strong indications of continuity of high grades through the western exte

Read more
11 Apr 2012 14:59

Aminex and Solo suffer Tanzanian setback

Oil and gas explorers Aminex and Solo Oil took a tumble after a disappointing drilling result at that their jointly owned Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania. Hopes were raised at the end of February when Aminex, the operator and 75% owner of the Ruvuma production sha

Read more
15 Feb 2012 09:26

Resource companies round-up: Aminex, Magnolia, Central Rand ...

Aminex, operator and majority owner of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania, said further drilling of the well has encountered strong gas shows in a good quality reservoir. A logging programme will commence shortly to evaluate the new section drilled below 2,500 metr

Read more
7 Feb 2012 08:50

Small caps round-up: Aminex, Solo, Firestone Diamonds ...

Oil and gas companies Aminex and Solo Oil took a hit on Tuesday morning after the first stab at drilling their shared Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania proved disappointing. Data will now be recorded to determine whether or not to drill further. Aminex shares fell 38

Read more
27 Jan 2012 10:12

Aminex falls after well casing operation

The east Africa-focused oil company, Aminex, says an intermediate casing string has been set on its Ntorya-1 well onshore in Tanzania. The well was spudded on December 22nd 2011 and had been drilled to 1,535 metres before the casing operations. It will now continue to approximately 1,800 to 1,900

Read more
21 Dec 2011 16:29

Barclays director keeps the faith

Sir Michael Rake, the Senior Independent Director of Barclays, has upped his stake in the firm less than a week after the global bank was downgraded by Fitch Ratings. Rake, who is currently also Chairman of telecommunications firm BT Group and Chairman of Easyjet, bought up 5,914 ordinary shares a

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.