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Pin to quick picksBorders & Sth. Share News (BOR)

Share Price Information for Borders & Sth. (BOR)

London Stock Exchange
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Share Price: 2.18
Bid: 2.18
Ask: 2.28
Change: -0.38 (-14.84%)
Spread: 0.10 (4.587%)
Open: 2.18
High: 2.18
Low: 2.18
Prev. Close: 2.56
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EARNINGS SUMMARY: Eden Research, Fox Marble revenue up; LoopUp down

Wed, 05th Oct 2022 21:55

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

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Kanabo Group PLC - Tel Aviv-based medical cannabis company - Pretax loss for the first half of 2022 widens to GBP2.9 million from GBP2.4 million a year before. General and administration increase to GBP2.2 million from GBP888,000. Revenue multiplies to GBP239,000 from GBP15,000 a year before. Attributes this to the acquisition of GBP Services Ltd. Aims for another period of operational and financial growth. "The first half of 2022 was an extremely busy and productive period for the Company. Most importantly, the integration of GPS has gone according to plan, and I wish to give my thanks to all the staff at GPS for their assistance on making this as seamless as possible," CEO Avihu Tamir comments.

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Microsaic Systems PLC - Surrey-based mass spectrometry equipment - Pretax loss in the six months to June 30 narrows to GBP823,957 from GBP2.1 million a year before. Revenue rises 47% to GBP734,914 from GBP499,285. "The change in business strategy which began in 2021 has carried through to 2022. The result of which can be seen in the increased revenues and gross profit which have led to reduced losses," Acting Chair Gerry Brandon comments. Expects the solid sales momentum to continue through the second half.

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Bezant Resources PLC - copper-gold project developer - In the first half, pretax loss narrows to GBP348,000 from GBP510,000 a year before. Share-based payments fall to GBP29,000 versus GBP160,000. Records no revenue, unchanged from the comparable period. Feels "very confident" with the underlying quality of its project portfolio in copper, gold and battery manganese.

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LoopUp Group PLC - London-based software provider for remote meetings - Pretax loss in the first half of 2022 widens to GBP7.1 million from GBP4.4 million a year ago. Revenue falls to GBP6.6 million from GBP11.5 million. Expects Meetings business to return back to growth in second half and 2023. Remains excited about the growth potential of its Cloud Telephony solution.

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Artemis Resources Ltd - Perth-based miner with gold, copper and cobalt projects in Australia - In the first half of 2022, pretax loss narrows to USD7.5 million versus USD10.5 million, year-on-year. Project and exploration expenditure write-off costs drop to USD4.7 million from USD7.1 million. Revenue falls to USD33.4 million from USD133,815. Notes a "very challenging setting of Covid restrictions," acute industry-wide personnel and rig shortages and extensive assay turnaround times. Continues to focus on its core projects, the Paterson Central gold and copper project and the Carlow Castle gold.

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Borders & Southern Petroleum PLC - London-based independent oil and gas exploration - Pretax loss for the half-year to June 30 widens to USD857,000 from USD446,000 as administrative expenses jump to USD747,000 versus USD546,000. Finance cost soar to USD110,000 versus USD1,000. Records no revenue, unchanged from a year before.

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Fox Marble Holdings PLC - focused on marble quarrying and finishing in Kosovo and the Balkans region - Pretax loss in the first half of 2022 widens to EUR825,000 from EUR683,000. Revenue rises to EUR272,000 versus EUR196,000, as revenue from the sale of processed marble product increases. Agrees heads of terms for the proposed acquisition of Eco Buildings Group Ltd and notes that it would constitute a reverse takeover.

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Eden Research PLC - Oxfordshire-based sustainable crop protection and animal health firm - Pretax loss in the six months to June 30 narrows to GBP1.3 million from USD1.8 million a year prior. Revenue rises 32% to GBP1.0 million versus GBP785,294, as product sales increased 51%.

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By Abby Amoakuh; abbyamoakuh@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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8 Feb 2013 07:19

Friday broker round-up UPDATE

Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780

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28 Jan 2013 08:44

Borders & Southern gives positive update on Falklands´ fields

Borders & Southern, a London based independent oil and gas exploration company, has cheered investors after revealing that tests on the Darwin structure in the South Falkland Basin have indicated that the potential liquid recovery could be greater than the initial prediction of 130m to 250m barrels.

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18 Dec 2012 07:06

Tuesday broker round-up UPDATE

African Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu

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24 Aug 2012 09:34

Friday broker round-up

African Minerals: Jefferies cuts target from 800p to 550p, buy rating kept. Anglo American: Jefferies downgrades from buy to hold, 2,200p target kept. Ashmore: Citigroup downgrades to sell, target cut from 305p to 300p. Berendsen: Investec maintains buy rating and 570p target; Seymour Pierce down

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17 Aug 2012 09:22

Friday broker round-up

Afren: Goldman Sachs downgrades to neutral. Borders & Southern Petroleum: Goldman Sachs downgrades to neutral. Coastal Energy: Goldman Sachs upgrades to buy. CRH: Credit Suisse downgrades to underperform. ENRC: Nomura cuts target from 500p to 400p, reduce rating kept. Faroe Petroleum: Goldman S

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31 Jul 2012 11:32

Borders and Southern plugs and abandons Stebbing well

Borders and Southern Petroluem, an oil and gas producer, has reported that well 61/25-1 on the Stebbing exploration prospect has been successfully plugged and abandoned, bringing to an end the company's current two well drilling programme. The company announced earlier this month that the prospect

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17 Jul 2012 10:56

Broker tips: SABMiller, CSR, Borders and Southern

Investec has downgraded its rating for drinks giant SABMiller from 'buy' to 'hold' after the recent outperformance in the shares. "SAB has been a strong performer in a UK consumer staples universe that has run hard over the last few months. Though we remain supporters of the medium-term growth narr

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17 Jul 2012 10:55

Broker snap: Borders and Southern downgraded after Stebbing disappointment

Jefferies has downgraded its recommendation for Borders and Southern from 'buy' to 'hold' and slashed its target price for the stock following yesterday's news that the Stebbing exploration prospect was unsuccessful. The group said on Monday that it had found very strong gas shows in the Tertiary s

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17 Jul 2012 08:15

Tuesday broker round-up

ARM: Citigroup cuts target from 730p to 600p, buy recommendation maintained. AstraZeneca: Bernstein reduces target from 3,037p to 3,002p, market perform rating kept. Beazley: JP Morgan Cazenove raises target from 147p to 155p, neutral rating kept. Bodycote: JP Morgan Cazenove cuts target from 437

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16 Jul 2012 16:39

London close: Global growth concerns weigh on stocks

- China's Wen dampens sentiment - IMF cuts global growth forecast - G4S, Tullow, Sage and Barclays lead the fallers The FTSE 100 finished flat on Monday as a late burst of buying helped the benchmark index recover some of its earlier losses on the back of concerns over the global economic outlook.

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16 Jul 2012 11:42

London midday: Footsie flat despite heavy falls for G4S and Barclays

- Chinese economic concerns weigh on sentiment - ECB moves to make senior bondholders share burden - G4S, Barclays, Sage, National Grid lead the fallers on FTSE 100 UK stocks were trading broadly flat by Monday lunchtime, though sentiment had been dampened by concerns over the Chinese economy and c

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16 Jul 2012 08:35

London open: China concerns dampen Footsie; G4S tanks

- China's Wen dampens sentiment - Miners drop on Chinese worries, Nomura comments - G4S tumbles on Olympics contract loss estimates London's benchmark index opened slightly lower on Monday morning as comments from China's Premier weighed heavily on stocks in the mining sector. G4S also took a tumbl

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16 Jul 2012 08:01

Borders and Southern abandons hot prospect

AIM-listed oil and gas group Borders and Southern has found very strong gas shows in the Tertiary section of the 61/25-1 well (Stebbing) but couldn't reach lower targets due to 'anomalous pressure conditions'. "It is very disappointing not to have reached all the potential reservoir targets in this

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23 Apr 2012 09:17

Borders and Southern plunges despite Falkland discovery

Oil and gas explorer Borders and Southern said it made a significant discovery of gas condensate off the coast of the Falkland Islands. However, the find did not please markets and investors dumped the shares, pushing them down almost 30% in morning trading on Monday. Analysts said this was becaus

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22 Feb 2012 11:25

Broker tips: Vedanta Resources, Galliford Try, Oil stocks

Credit Suisse believes that a major restructuring within the businesses of miner Vedanta Resources would be a "strong positive" and continues to see significant upside in the stock. Credit Suisse said that "if the reports are correct and a merger is successful it would not change group consolidate

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