CAY.L Share News (CAY)

CAY.L Information

There is currently no data for CAY

SMALL-CAP WINNERS & LOSERS: Update fails to prop up Deliveroo shares

Thu, 15th Apr 2021 10:46

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

----------

SMALL-CAP - WINNERS

----------

Electra Private Equity PLC, up 6.0% at 390 pence, a new 52-week high, 12-month range 121.85p-390p. Private equity investor says it has sold Sentinel Performance Solutions Group Ltd to Dutch industrial technology group Aalberts NV for GBP22.2 million. Electra Private Equity shares have more than doubled over the past 12 months.

----------

Charles Stanley Group PLC, up 5.9% at 320.00p, 12-month range 218p-326p. Fund manager says it delivered a resilient fourth-quarter performance. Funds under management & administration were GBP25.6 billion at March 31, up from GBP25.1 billion a year before. Charles Stanley says total revenue relatively stable at GBP171.2 million.

----------

Norcros PLC, up 4.0% at 298.75p, 12-month range 135p-312.99p. The kitchen and bathroom products supplier lifts annual guidance again after a strong finish to its financial year. Now expects underlying operating profit for the financial year that ended March 31 to be no less than GBP33 million, ahead of both its previous guidance for the year of no less than GBP31 million and the GBP32.3 million reported for last year.

----------

SMALL-CAP - LOSERS

----------

Deliveroo PLC, down 1.8% at 265.61p, range since early-April IPO 241.70p-390.39p. The food delivery platform maintains its full-year guidance after a sharp acceleration in orders in the first quarter. However, Deliveroo says it expects the recent rapid growth in orders to wane as lockdown measures ease in the coming months.

----------

THG PLC, down 1.7% at 691.00p, 12-month range 565.30p-837.80p. The Hut Group owner posts sizeable annual loss but is optimistic about year ahead. The Manchester-based firm says 2020 revenue reached GBP1.61 billion, up 42% from GBP1.14 billion in 2019. However, THG's 2020 pretax loss widens to GBP534.6 million from GBP45.2 million in 2019, and it incurs an operating loss of GBP481.8 million, widening from GBP11,790. "We approach financial 2021 with confidence having navigated successfully through a milestone year in the group's history," THG says.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

More News

11 Jun 2013 11:05

Charles Stanley boosted by recent stock market rally

Wealth manager Charles Stanley said the recent rally from January this year helped lift funds under management to record levels. The stockbroker said funds under management and administration rose to £17.7bn for the year ended March 31st 2013 compared to £15.4bn a year earlier. Discretionary fun

11 Apr 2013 07:49

Charles Stanley funds reach new high

Wealth manager Charles Stanley said total funds under management and administration were boosted by a stronger performance from equity markets in the final quarter and a slightly more benign trading environment. Total funds under management and administration at March 31 2013 reached a new high of

21 Mar 2013 15:38

Intu Properties Deputy Chairman continues to build stake

John Whittaker, the Deputy Chairman of Intu Properties, has continued to show his support for the company after it was relegated to the FTSE 250 by boosting his stake in the group to 20 per cent. In two separate transactions the well-known property mogul purchased 600,000 shares worth £1.98m and t

20 Mar 2013 08:53

Wednesday broker round-up UPDATE

Abcam: Canaccord Genuity moves target price from 344p to 358p, but still recommends selling. Antofagasta: Jefferies cuts target price from 1350p to 1100p, while keeping a hold recommendation. ASOS: Cantor Fitzgerald raises target price from 2500p to 2900p reiterating a hold recommendation. Panmure

6 Mar 2013 07:03

Wednesday broker round-up UPDATE

Advanced Medical Solutions: Investec takes target price from 68p to 74p and maintains a buy recommendation. Aggreko: Citigroup reduces target price from 2550p to 2100p, while keeping a buy rating. Ashtead Group: Citigroup raises target price from 590p to 660p leaving its buy recommendation unalter

25 Jan 2013 10:57

Charles Stanley posts growth in discretionary funds

Wealth manager Charles Stanley Group reported a record 4.6 per cent increase in total client funds under management during the last quarter, according to an interim management statement Friday. The company posted £16.36bn as at December 31st, up from £15.64bn in the previous quarter. Results were

1 Oct 2012 08:58

Monday broker round-up

Barclays: Liberum Capital upgrades to buy, target lifted from 210p to 245p. British American Tobacco: Investec upgrades to buy. Capital & Counties: Seymour Pierce downgrades from buy to add, 233p target kept. Charles Stanley: Peel Hunt downgrades to hold. Electrocomponents: Panmure Gordon downgr

1 Oct 2012 07:20

Charles Stanley sees flat half year

Stockbroking firm Charles Stanley said overall it expects to report six-month revenues at around the same level as last year as continued macro-economic trends continue to weigh on transaction volumes. The group said since its interim update in July this year it has seen a broad continuation of eco

25 Jan 2012 11:12

Charles Stanley falls as commission dries up

Stockbroker Charles Stanley might have been taking a few orders to sell shares in the company after announcing a drop in revenues in the final three months of 2011. Total revenues for the period fell from £32.3m at the equivalent point in 2010 to £27.3m in 2011. The company says fees income incre

25 Jan 2012 09:00

Wednesday broker round-up - UPDATE

Ashmore: Barclays upgrades to overweight from neutral. Glencore: UBS cuts target from 530p to 490p, buy rating unchanged. Vodafone: Nomura reiterates buy rating and 230p target. Britvic: Nomura keeps buy recommendation and 425p target; Collins Stewart gives sell rating and 290p target. WH Smit

3 Oct 2011 13:40

Profit predictions down at Charles Stanley

Stockbroking firm Charles Stanley has announced that revenue for the six months to 30 September will be at the same level for the same period the previous year, while profit will be down. The news comes after the firm suffered the effects of volatile macro-economic headwinds with commission levels

8 Jun 2011 06:48

Wednesday tips round-up: Hamworthy, BATS, Phoenix IT...

The speed of the revival in the Hamworthy's fortunes is probably best shown by the growth in the order book, up from £142m a year before to £258m at the end of March. The shares, 13% ahead at 634½p last night after those upgrades, are up by almost 50% since the start of the year and sell on around 2

7 Jun 2011 07:33

London pre-open: FTSE 100 to give up gains

The top share index is expected to give back the previous day's modest gains on another quiet day on the company news front. Struggling CD and DVD retailer HMV has struck a refinancing deal with its banks worth £220m that represents an "important milestone" in securing the company's financial stab

7 Jun 2011 07:21

Charles Stanley FY profit surges

Stockbroking firm Charles Stanley posted a 30% increase in annual pre-tax profit and said it was well placed to move forward despite the uncertain economic background. Pre-tax profit rose to £13.4m for the year ended 31 March 2011 from £10.3m the year before. Revenue for the year climbed to £125.6

16 May 2011 13:49

Charles Stanley buys wealth management firm

Stockbroking firm Charles Stanley has bought Birmingham-based wealth management firm Jobson James Financial Services (JJFS). Charles Stanley will pay up to £2.25m for the financial services firm, subject to certain revenue targets being achieved. Jobson James Insurance Brokers, JJFS's sister compa

Latest Share Chat

CAY.L Share News (CAY)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Update fails to prop up Deliveroo shares

Login to your account

Quickpicks are a member only feature

Login to your account