Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBlue Star Share News (BLU)

Share Price Information for Blue Star (BLU)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0325
Bid: 0.03
Ask: 0.035
Change: 0.00 (0.00%)
Spread: 0.005 (16.667%)
Open: 0.0325
High: 0.0325
Low: 0.0325
Prev. Close: 0.0325
BLU Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Inland's Hillingdon boost; Yooma products at Boots

Mon, 17th Jan 2022 12:48

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

----------

Inland Homes PLC - Beaconsfield, England-based housebuilder - Says London Borough of Hillingdon's application to seek judicial review of decision by Mayor of London to approve development plans has been quashed. Mayor approved plans for 514 homes in Hillingdon Gardens. Hillingdon is a west London borough close to Heathrow Airport. "The dismissal of the judicial review challenge exhausts all options open to the borough to prevent the development of this important brownfield site," Inland says. "The project will deliver 182 new affordable homes alongside significant contributions towards local infrastructure improvements and biodiversity."

----------

Yooma Wellness Inc - Toronto, Canada-based CBD and cannabis-related wellness products maker - Says UK retailer Boots will stock MYO Plant Nutrition products. "The listing includes MYO's Plant Proteins in 838 stores, branched-chain amino acids and essential amino acids in up to 574 stores, and functional sprays in 522 stores," Yooma adds. "Launching with Boots accelerates the momentum MYO has already seen in 2021, with products now available in Holland & Barrett, Selfridges, Lloyds Pharmacy and Amazon, amongst others."

----------

DP Poland PLC - franchise holder in Poland for Domino's Pizza - Says like-for-like system sales up 6% in 2021 compared to 2020, with fourth quarter like-for-likes alone up 16% annually and 10% higher quarter-on-quarter. Total system sales up 18% annually in fourth quarter and up 6.3% on pre-virus times,"despite a subdued dine-in market". DP Poland adds: "Notwithstanding the growth in sales, inflationary pressures on food costs (Polish CPI showed 8.6% inflation in December 2021) and increased wages have had a negative impact on profitability." Says will be "negatively impacted and will be behind market expectations for FY21" due to inflationary pressures. "The board is assessing the full impact on profitability for FY21 and the potential impact on the current year and will update the market as soon as known. The recovery of tourism and the elimination of lockdown measures during 2022 are expected to have a positive impact on sales and profitability," company adds.

----------

Hostmore PLC - operator of Fridays casual dining brand - Says revenue for December was 8.3% below pre-virus level, with Omicron causing an increase in cancellations, but this offset by new reservations and walk-in demand, reflecting the short-term nature of customer decision-making amid uncertainty. Expects Ebitda for year ended January 2 to be "well ahead" of market consensus of GBP18.6 million. "Trading since 3 January 2022 has been more in line with expectations and reflects what is usually a quieter period post the festive season," it adds.

----------

Brighton Pier Group PLC - London-based company which operates Brighton Marine Palace, Lightwater Valley Theme Park, eight Eclectic bars and eight indoor mini-golf sites - Expects sales of GBP22.7 million in 2021, more than doubled from 2020 and up 31% from 2019. "Strong cash flow generation is expected to enable the group to pay down GBP7.7 million of debt, reducing borrowings 38% by the end of June 2022," Brighton Pier says. "This represents an excellent performance during challenging times, underlining the attractions of a diversified asset base of experiential venues and bars well-positioned to benefit from growth in the UK entertainment sector. Management believe the group is in a strong position to deliver a good result for the year, comfortably in line with market expectations."

----------

Palace Capital PLC - investor with portfolio of UK regional commercial properties - Buys office building in Maidenhead, Berkshire for GBP10.3 million, reflecting a net initial yield of 6.83%. "The acquisition is in line with Palace Capital's disciplined investment strategy focused on good quality regional towns and city centres that are easily accessible and close to public transport, as well as the amenities that employees are keen to have near their place of work," Palace Capital says.

----------

Xpediator PLC - Braintree, Essex-based freight management services provider in UK and central and eastern Europe - Unit Delamode International pens 10-year lease for 180,000 square feet storage, fulfilment and distribution warehouse in Roosendaal, Netherlands. Occupation to begin in March next year, once construction of purpose-built asset completes. Xpediator adds: "Xpediator has also agreed to take 6,500 pallet spaces in a partner warehouse for 12 months also in Roosendaal, from March 2022 to meet existing Delamode International Logistics customer demand, with the option to increase to 15,000 pallet spaces. Several of their customers have now concluded in a post Brexit market, that splitting their stock between the UK and mainland Europe is the best course of action to maintain the shortest possible time to bring products to market."

----------

Vela Technologies PLC - Bingley, West Yorkshire, England-based investment firm focused on technology - Invests GBP750,000 in EnSilica Ltd, a fabless semiconductor design business. Vela invests through convertible loan notes and backing forms part of pre-float fundraise by EnSilica. Notes automatically convert to new EnSilica shares at IPO.

----------

Surgical Innovations Group PLC - Leeds-based medical instrument manufacturing company - Says sales in second half of year 16% higher than first half. Means annual revenue is roughly GBP9.1 million, 44% above GBP6.3 million in 2020 but 15% below GBP10.7 million in 2019, before onset of pandemic. Expects "small" adjusted pretax loss but positive adjusted earnings before interest, tax, depreciation and amortisation. Both outturns will be in line with market expectations. "Overall group sales in the fourth quarter recovered rapidly to approximately 90% of pre-pandemic levels following the effects of the delta variant of Covid-19, and before the emergence of significant hospitalisation from the Omicron variant wave," Surgical says. In 2020, Surgical reported an adjusted pretax loss of GBP1.6 million and adjusted Ebitda of GBP660,000.

----------

Aptamer Group PLC - York-based provider of custom services, diagnostics and therapeutics for biotechnology and pharmaceutical firms - Says Optimer binder to the SARS-CoV-2 spike protein is able to detect Omicron variant. "The Optimer binder capable of detecting all viral variants of concern is currently used as part of Deepverge's clinically validated MicrotoxPD platform for the detection of SARS-CoV-2 in wastewater. In addition, proof-of-concept work by a separate partner in 2021 demonstrated that the binder can function within an antibody-Optimer pair to enable rapid antigen lateral flow tests," Aptamer says.

----------

Blue Star Capital PLC - esports, payments and technology-focused investor - Says investee SatoshiPay's Chief Executive Meinhard Benn to change role to chair. Alexander Wilke, current chief operating officer, to take on CEO role. "Alexander Wilke is an entrepreneur and operations executive with more than 13 years' industry experience leading technical and business teams focussing on payments, mobile and business intelligence," Blue Star says.

----------

Oriole Resources PLC - exploration company operating in west Africa - Says reverse circulation programme at Senala gold project in Senegal extends mineralisation at three main anomalies. Results as strong as 5.00 metres grading at 12.5 grammes per tonne of gold delivered. "The successful extension of the known mineralisation within the areas of surface anomalism originally identified by our team in 2016, confirms our belief that this prospect has the potential for significant resource growth, with the possibility of becoming a stand-alone mine target of significant size," CEO Tim Livesey says. JV partner IAMGOLD Corp has option to spend USD8million at asset to earn 70% interest.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2024 17:14

TRADING UPDATES: RentGuarantor revenue up; Aura progresses Tiris

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

Read more
10 Apr 2024 15:09

UK shareholder meetings calendar - next 7 days

Thursday 11 April 
AstraZeneca PLCAGM
Friday 12 April 
SigmaRoc PLCAGM
Monday 15 April 
C4X Discovery Holdings PLCGM re re-registering as private limited company
i3 Energy PLCGM re proposed capital reduction
Molecular Energies PLCGM re delisting
Vanquis Banking Group PLCAGM
Tuesday 16 April 
Everyman Media Group PLCAGM
Ethernity Networks LtdGM
Hydro Hotel Eastbourne PLCAGM
Nexteq PLCAGM
Nexus Infrastructure PLCGM re final dividend, reappointment of auditors
Porvair PLCAGM 
Tullow Oil PLCAGM
Wednesday 17 April 
Blue Star Capital PLCAGM
Hunting PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
28 Mar 2024 14:14

TRADING UPDATES: Duke expects revenue rise; SIMEC gets EL deal payment

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

Read more
21 Mar 2024 19:05

EARNINGS AND TRADING: Getech confident; Aukett Swanke makes buy

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

Read more
21 Mar 2024 10:43

AIM WINNERS & LOSERS: Cap-XX surges as settles agreement with Tesla

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

Read more
13 Mar 2024 15:24

IN BRIEF: Blue Star Capital Dynasty carrying value drops significantly

Blue Star Capital PLC - London-based investment company focused on the esports and new technologies sectors - Says its investment in Dynasty Gaming & Media Pte Ltd, in which it holds a 13% stake, has lost a significant amount of carrying value amid Dynasty's ongoing acquisition of Googly Media Holdings Pte Ltd. In November, Dynasty, a Singapore-based gaming platform provider, entered into an agreement to acquire the assets of Googly for around USD7.6 million, which valued the entire entity at USD15 million. The deal is expected to conclude by April 30. Following completion, based on a combined entity valuation, Blue Star says its holdings in Dynasty and its 0.6% stake in Googly will be valued at GBP450,000, significantly below its previous calculation of around GBP5.5 million.

Read more
19 Jan 2024 19:37

IN BRIEF: Blue Star Capital expects placing proceeds by end January

Blue Star Capital PLC - Crawley, England-based, investor in e-sports, gaming and blockchain sector - Advises that, further to its announcement of January 17, the proceeds of its GBP100,000 placing are expected to be received on or around January 31. Accordingly, the admission of the placing shares to trading on AIM will now occur on or around the same date.

Read more
17 Jan 2024 18:13

IN BRIEF: Blue Star Capital raises GBP100,000 via new shares placing

Blue Star Capital PLC - Raises GBP100,000 via a placing of 100.0 million new shares at a price of 0.1 pence each, representing 2.0% of enlarged share capital. Says proceeds will be used for working capital purposes and will provide the company with working capital headroom until September. This is in line with its forecasted monthly cash burn rate and the anticipated disposal of the company's shareholding in SatoshiPay. Admission of new shares to trading on AIM is expected to occur on or around Monday next week.

Read more
16 Jan 2024 11:21

Blue Star shares soar on Dynasty and SatoshiPay updates

(Alliance News) - Blue Star Capital PLC on Tuesday said its investee Dynasty Gaming & Media Pte Ltd has partnered with Vera Media Group to 'soft-launch' its new platform Lightning Dragon.

Read more
27 Nov 2023 12:06

Blue Star Capital celebrates as Dynasty gets closer to breakeven

(Alliance News) - Blue Star Capital PLC shares rose on Monday after it announced that investee Dynasty Gaming & Media Pte Ltd recently completed a USD3 million fundraise, and announced a potential merger with Googly Media Pte Ltd.

Read more
15 Nov 2023 13:05

TRADING UPDATES: BiVictriX patent boost; 4Global deal extended

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

Read more
9 Aug 2023 16:47

Blue Star Capital's Googly inks cricket e-sports deal

(Sharecast News) - Technology, media and gaming investor Blue Star Capital announced a collaboration between its investee company Googly Media Holdings and the Caribbean Premier League (CPL) on Wednesday, forging an agreement to create the E-sports Caribbean Premier League (ECPL).

Read more
9 Aug 2023 11:51

Blue Star investee to help launch e-sports cricket league in Caribbean

(Alliance News) - Blue Star Capital PLC on Wednesday said its investee company Googly Media Holdings PTE Ltd signed an agreement with the Caribbean Premier League to launch the cricket E-sports Caribbean Premier League.

Read more
28 Jun 2023 11:51

IN BRIEF: Blue Star Capital interim loss widens and net assets fall

Blue Star Capital PLC - investor in e-sports, gaming and blockchain companies - Pretax loss widens to GBP1.2 million in six months ended March 31 from GBP996,806 a year before, partly due to a loss on disposable investments of GBP81,491. Blue Star Capital's operating loss increases to GBP1.2 million from GBP1.0 million. Net assets fall to GBP10.5 million as of March 31 from GBP11.7 million a year before, with the company affirming that the formal sales process of its stake in SatoshiPay Ltd is expected to be completed by the end of 2023. NAV per share was 0.2 pence on March 31.

Read more
1 Jun 2023 13:36

IN BRIEF: Blue Star announces new Pendulum blockchain bridge release

Blue Star Capital PLC - Crawley, England-based investment company focused on e-sports, payments and technology - Notes announcement by Pendulum that its Spacewalk 'blockchain bridge' is now live on SatoshiPay's Amplitude network. Pendulum was incubated by SatoshiPay, a Berlin-based instant payment company in which Blue Star owns a 27.9% stake. Spacewalk is a decentralised 'bridge' connecting blockchain networks Stellar and Polkadot. Blue Star says Pendulum intends to advance foreign exchange trading into the blockchain sector and hopes that Spacewalk will provide the stablecoin liquidity needed. In the future it hopes to extend Spacewalk to other blockchain networks like Cosmos and Ethereum.

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.