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Pin to quick picksClontarf Share News (CLON)

Share Price Information for Clontarf (CLON)

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Share Price: 0.0335
Bid: 0.032
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Change: -0.003 (-8.22%)
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WINNERS & LOSERS SUMMARY: NMC Health Rises After Upgrading Guidance

Tue, 28th May 2019 10:40

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.

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FTSE 100 - WINNERS

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NMC Health, up 3.5%. The private healthcare operator upgraded its underlying guidance for 2019 after the formation of a healthcare joint venture in Saudi Arabia. The venture is formed by the General Organization for Social Insurance - the largest pension fund in Saudi Arabia - contributing its 39% stake in Tadawul-listed National Medical Care Co at a price of SAR54, or GBP11.36, per share and NMC contributing its five Saudi Arabian assets plus an additional USD66 million in cash at closing. In light of NMC's majority stake in the venture, as well as its management control, NMC KSA's financial statements are to be fully consolidated. NMC KSA will also recognise income from National Medical Care as share of profit from an associate. NMC upgraded its underling 2019 guidance, and expects to post revenue of GBP2.50 billion to USD2.54 billion in 2019, up from the previously guided USD2.43 billion to USD2.47 billion. In 2019, earnings before interest, taxation, depreciation, and amortisation is expected to be USD575 million to USD585 million - previously USD566 million to USD576 million.

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Antofagasta, up 1.7%. HSBC raised the Chilean copper miner to Hold from Reduce.

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FTSE 250 - WINNERS

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Amigo Holdings, up 5.0%. The guarantor loans provider reported a sharp rise in annual profit, revenue and loan book following the company's "most significant year". In the twelve months to March 31, Amigo saw its pretax profit increase 68% to GBP111.0 million from GBP66.1 million the year before. Revenue increased 28% to GBP270.7 million from GBP210.8 million. Amigo declared a maiden final dividend of 7.45 pence, resulting in a total dividend of 9.32p - which represents 50% of the company's statutory profit over the past 12 months. Looking ahead, Amigo said it has made a "solid start to the year", despite the "mood of uncertainty" around Brexit. The lender said it has not seen any "notable effect" from Brexit but will continue to monitor the situation.

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Galliford Try, up 4.5%. The housebuilding and construction company rejected a GBP950 million merger offer from Bovis Homes. Bovis wanted to purchase the Galliford's Linden Homes and its Partnerships & Regeneration businesses and intended to issue new shares to fund the deal, through which Galliford would have remained an ­independently listed company focused on construction. Galliford said the offer did not "fully value" the two businesses, and reiterated it remains confident in its long-term future. The two companies released the statements on Tuesday after media reports, with Sky News having said Saturday the two were in "secret talks". Shares in Bovis Homes were flat.

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OTHER MAIN MARKET AND AIM - WINNERS

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Tertiary Minerals, up 12%. The miner said it secured a long-term lease over nine claims on a "productive" gold belt in the US state of Nevada. The 20-year lease is on nine areas of the Pyramid mining district, which is 25 miles north-west of the city of Reno. The claims are on the Walker Lane porphyry copper/epithermal gold belt, Tertiary said, with limited historical drilling in 1989 and 1990 showing visible gold. Managing Director Richard Clemmey said: "We are delighted to have acquired an interest in the Pyramid project. Projects with high-grade gold results in drilling that have not already been followed up are hard to find in Nevada."

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Thomas Cook Group, up 7.1%. Berenberg raised the troubled travel company to Hold from Sell.

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OTHER MAIN MARKET AND AIM - LOSERS

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Albert Technologies, down 43%. The software company said it does not expect 2019 revenue to achieve market expectations, although it still will show a "significant improvement" over 2018. Revenue in 2019 thus far "has been slower than anticipated" due to a longer ramp-up time with enterprise clients, and is in line with the first quarter of 2018. Growth is expected to pick up later in 2019 based on Albert Technologies' existing client based and sales pipeline. The market had expected Albert Technologies to more than double in 2019 its revenue of USD4.6 million in 2018, but the company said Tuesday it was "unlikely" to achieve this. While Albert Technologies is expecting 2019 to "show significant improvement" over 2018, it said its short-term revenue outcome is "difficult to accurately predict". It has, however, taken steps to cut its cost base and conserve cash.

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Trafalgar Property Group, down 42% at 0.35p. The property developer said it has raised GBP250,000 through a placing, which will go towards funding new and existing development projects, as well as provide additional working capital. The company issued 62.5 million shares at a price of 0.4p per share, reflecting a 33% discount to Trafalgar's closing price of 0.6p on Friday last week. In addition, Trafalgar also announced that it has promoted Paul Treadaway as chief executive officer and executive director with immediate effect. Treadaway will be replacing CEO Chris Johnson and Executive Director Alex Johnson, who have both stepped down with immediate effect.

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Clontarf Energy, down 15%. The Ghana and Bolivia oil and gas explorer reported a significantly narrowed annual loss, on a decrease on exploration impairments. The company narrowed its pretax loss to GBP350,553 in 2018 from GBP2.8 million in 2017, as its impairment of exploration & evaluation assets significantly decreased, falling to GBP111,682 from GBP2.6 million. Clontarf's administrative expenses increased 5.5% in the year to GBP238,871 from GBP226,410 the year before. The company did not generate revenue in either period.

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More News
18 May 2022 19:36

IN BRIEF: Clontarf to start drilling Sasanof-1 well next week

Clontarf Energy PLC - Dublin-headquartered oil & gas exploration and production company focused on South America and Africa - Preliminary preparations for drilling operations at the Sasanof-1 well, offshore Australia are being conducted, with mud mat, low pressure wellhead housing and conductors prepared for deployment. Drilling operations, including conductor jetting are expected to start during the week start May 23.

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18 May 2022 15:11

Clontarf reports progress towards drilling at Sasanof

(Sharecast News) - Clontarf Energy updated the market on the drilling of the Sasanof-1 exploration well on Wednesday, reporting that the Valaris MS-1 rig had started mobilising to the Sasanof Prospect, 200 kilometres away on the North West Shelf, offshore Western Australia.

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12 May 2022 19:45

TRADING UPDATES: Belluscura to raise GBP5 million; React buys

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

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9 May 2022 13:42

Clontarf buys 10pc of Western Australia offshore gas prospect

(Sharecast News) - Oil and gas explorer Clontarf Energy announced the acquisition of a 10% interest in the "high-impact" multi-trillion cubic feet Sasanof offshore exploration prospect in Western Australia on Monday, for an initial $4m (£3.23m) cash and 100 million shares.

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9 May 2022 12:08

IN BRIEF: Clontarf Energy acquires 10% interest in Sasanof prospect

Clontarf Energy PLC - Dublin-headquartered oil & gas exploration and production company focused on South America and Africa - Acquires a 10% interest in the Sasanof exploration prospect, offshore Australia, through its 10% interest in Western Gas Pty Ltd which wholly-owns the prospect. Acquisition comprised of a USD4.0 million cash consideration and 100 million shares of GBP0.25 each. The shares were valued at GBP480,000 as of May 6. In the event of a discovery declared at the Sasanof-1 well, this consideration will be increased by 150 million shares.

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27 Apr 2022 13:54

IN BRIEF: Clontarf Energy raises GBP3.5 million for gas exploration

Clontarf Energy PLC - oil & gas exploration and production company focused on South America and Africa - Raises GBP3.5 million from placing of 1.40 billion shares at 0.25 pence each.

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15 Sep 2021 17:32

TRADING UPDATES: Strong interim results from Epwin, Bridgepoint

TRADING UPDATES: Strong interim results from Epwin, Bridgepoint

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23 Jun 2021 21:28

IN BRIEF: Clontarf Chair Teeling becomes non-exec, Horgan replaces

IN BRIEF: Clontarf Chair Teeling becomes non-exec, Horgan replaces

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16 Jun 2021 15:58

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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19 May 2021 15:20

IN BRIEF: Clontarf Energy full-year loss widens as admin expenses rise

IN BRIEF: Clontarf Energy full-year loss widens as admin expenses rise

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6 May 2021 19:25

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

TRADING UPDATES: Superdry optimistic; Virgin Wines toasts demand surge

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6 May 2021 10:01

Clontarf raises £0.5m for Bolivian lithium negotiations

(Sharecast News) - Clontarf has raised £0.5m before expenses, it announced on Thursday, to fund ongoing negotiations over its Bolivian lithium and Ghanaian assets.

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14 Sep 2020 14:33

IN BRIEF: Clontarf Energy Interim Loss Widens As Expenses Climb

IN BRIEF: Clontarf Energy Interim Loss Widens As Expenses Climb

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26 May 2020 14:45

Clontarf Annual Loss Narrows; Has Funds To Continue For Next 12 Months

Clontarf Annual Loss Narrows; Has Funds To Continue For Next 12 Months

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3 Apr 2020 11:41

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

UK TRADING UPDATE SUMMARY: Bagir Says Cash Insufficient To Carry On

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