AMBR.L Share News (AMBR)

Ambrian To Diversify Revenue Streams As Difficult Trading Set To Continue

Small caps round-up: Ambrian Capital, North River, Ark ...

Ambrian Capital slumped to a 52-week low after a trading update littered with references to subdued markets and downward adjustments to the book value of its investments which will cause the company to report a substantial pre-tax loss. The natural resources investment firm upped the size of the wr

London close: Stocks dive in late trading

Stocks gave up an earlier rally to finish firmly in the red amid continued nervousness ahead of an audit of Greece's finances. There is speculation that some countries in the Eurozone are demanding that private investors take a bigger hit on their holdings of Greek debt. European Commission Presi

London midday: Stocks win back losses after Barroso comments

The top share index is flat now after winning back earlier losses, with comments by European Commission President Jose Manuel Barroso helping to stoke optimism that the euro crisis will be resolved. Barroso has called on the European Central Bank to do everything in its power to maintain stability

Ambrian paints grim picture for shareholders

Ambrian Capital, the natural resources investment firm, has seen its share price plummet 20% following the announcement of a balance sheet loss of £1.46m for the six months to the end of June. The figure includes a complete write down of the group's holding in its investment banking operation known

Corporate finance performance boosts Ambrian

Natural resources investment bank Ambrian Capital has seen robust trading across its operating segments this year, especially in the energy business, but things have not gone so well for its investment portfolio. Group profit for the six months ending 30 June 2011, before share option charges and t

Ambrian sells commodities unit for over £4m

Corporate finance advisory and commodity stock-broking firm Ambrian Capital has agreed to sell Ambrian Commodities to INTL FC Stone for a consideration of £4.3m: equal to the subsidiary´s net asset value minus current debt load. Ambrian will apply the funds raised from this transaction to Ambrian

VSA admits Ambrian interest

AIM-quoted VSA Capital, which has just changed its name from Third Quad Capital, admits that it has approached Ambrian Capital about a potential merger but says that it has not made a formal offer. VSA says that it is not in talks with Ambrian, which is also quoted on AIM. This means that VSA will

Strong second half for Ambrian

Ambrian Capital says that its second half trading is significantly better than in the first half and that is partly down to its broking business returning to profit. Profit before share-based payments is expected to be around £1.8m in 2010 with nearly all of that coming in the second half. Broke

Commodity focus keeps Ambrian in profit

Stockbroker Ambrian Capital nearly fell into losses in the half year to June 30 as its equity investment arm suffered from weak share prices. Pre-tax profits attributable to shareholders fell to £70,000 from £2.41m in the same period the previous year as total income fell to £7.9m from £10.13m. 'A

Ambrian Capital Sees FY Breakeven On Corporate Finance, Equities Loss

LONDON (Dow Jones)--Ambrian Capital PLC (AMBR.LN) a provider of corporate finance, stock broking and commodity trading services to institutional and corporate clients, said Tuesday its the profit generated by Commodities and Principal Investments were offset by a loss incurred by Corporate Finance &

Small caps round-up: Ithaca, Ambrian Capital, Providence...

Oil and gas firm Ithaca Energy said it increased production throughout the second quarter of 2010 and remains on target to achieve forecast 2010 production levels. Production in the second quarter averaged 10,217 barrels of oil per day, a 17% improvement over first quarter production. Stockbroker

Small caps round-up: Acta, Alumasc, Ambrian...

Catalysts developer Acta has won a deal with SPF Energy worth about €50m in total to install large-scale photovoltaic parks in Italy. The UK firm will install the equipment with through a joint venture partnership with Italian PV installer Fedi Impianti. Phase one of the contract covering three

Ambrian swings to half year profit

Stockbroker Ambrian Capital moved back in the black during the first half of 2009 after almost tripling total income and boosting revenue by 84%. Pre-tax profit for the six months to 30 June was £2.28m. It lost £2.79m a year ago as new issues dried up on AIM and as institutions cut exposure to smal

Small caps round-up: Cybit, Netplay, BlueStar SecuTech...

Cybit, which provides vehicle and maritime tracking systems, has had its contract with Fowler Welch, part of Dart Group plc, extended for another five years. The firm will deploy Fleetstar Online across the Fowler Welch trailer fleet as part of a contract valued at about £1m in revenues, to be reco