Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCOPL Share News (COPL)

  • This share is currently suspended. It was suspended at a price of 0.0575

Share Price Information for COPL (COPL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0575
Bid: 0.00
Ask: 0.00
Change: 0.00 (0.00%)
Spread: 0.00 (0.00%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 0.0575
COPL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK EARNINGS SUMMARY: Rockhopper Loss Balloons, Confident In Sea Lion

Tue, 15th Sep 2020 19:19

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

----------

Rockhopper Exploration PLC - oil and gas exploration company - Interim pretax loss widens significantly to USD226.8 million from USD16.5 million year before. Exploration and evaluation expenses jump to USD223.6 million from USD1.1 million year before. Revenue in six months to June 30 halves to USD2.5 million from USD4.8 million year before. Confident in Sea Lion license in Falklands and is focused on completed Navitas farm-in in the fourth quarter of 2020. Rockhopper is fully funded for all Sea Lion development costs through to project completion.

----------

Good Energy Group PLC - renewable electricity supplier - Sinks to first half pretax loss of GBP1.1 million compared to GBP2.5 million profit year before. Revenue in the six months to June 30 rises to GBP67.5 million from GBP63.5 million. Administration costs rise to GBP13.9 million from GBP12.3 million. Cancels interim divided following 1.1 pence payout year before - expects to resume dividends in 2021. Underlying performance of the core business in line with management expectations, Good Energy says, adjusting for the impact of Covid-19

----------

Corero Network Security PLC - denial-of-service attack security provider - Half-year loss narrows to USD2.7 million from USD3.9 million year before. Revenue in six months to June 30 grows to USD6.2 million from USD4.2 million year before. Revenue from DDoS protection as-a-service contracts increases to USD1.2 million from USD500,000. Order intake increases by 58% to USD7.9 million. During the first half, Corero, through its SmartWall solutions adds 18 new customers. CEO Lionel Chmilewsky said he remains remain confident in the medium and long-term prospects of the company.

----------

Beeks Financial Cloud Group PLC - cloud computing and connectivity provider for financial markets - Annual pretax profit slips to GBP678,000 versus GBP1.0 million year before. Revenue in the 12 months to June 30 rises to GBP9.4 million from GBP7.4 million year before. Administrative expenses up to GBP3.6 million from GBP2.5 million. Total dividend unchanged at 0.35 pence. CEO Gordon McArthur said: "I am pleased to report on a year of considerable progress, in which the group has delivered against its strategic objectives; increasing the number of tier 1 customers, expanding its geographic presence and offering and completing the strategic acquisition of Velocimetrics." McArthur expects to grow company's existing Tier 1 accounts.

----------

Trinity Exploration & Production PLC - Trinidad & Tobago focused oil exploration and production company - Swings to interim pretax profit of USD942,000 versus USD572,000 loss year before. Operating revenue in six months to June 30 slips to USD21.5 million from USD32.2 million year before. Average net production up sharply to 3,282 bopd from 3,008 year before. But average realised oil price down 23% year on year to USD36.3 per barrel from USD59.1 year before. Executive Chair Bruce Dingwall said: "Everyone is aware of the exceptional circumstances - with Covid impacting both operational practices and the oil price. Despite these challenges, our financial resilience, emphasis on cost management and high operating standards have enabled the company to increase production and increase free cash flows, thereby further strengthening our balance sheet and establishing the necessary foundations for future growth both from existing and new opportunities."

----------

Octopus Renewables Infrastructure Trust PLC - closed end investment company focused on renewable energy assets in Europe and Australia - June 30 NAV per share 97.58 pence, with net assets of GBP341.5 million. Incorporated on October 11, 2019, with London IPO December 10. Total shareholder return since incorporation to June 30 at 12.2%. Dividend in period totals 1.06 pence per share. Has now committed 75% of net IPO proceeds. Firm's portfolio is forecast to generate 262 gigawatt hours of renewable electricity, equivalent to powering 59,000 homes with clean energy and avoiding emissions of 49,000 tonnes of carbon dioxide annually.

----------

Mobeus Income & Growth 4 VCT PLC - investor in UK unquoted companies - June 30 NAV per share 64.59 pence compared to 74.90p at December 31. Net assets dip over six-month period to GBP54.6 million from GBP59.5 million. Portfolio ends first half valued at GBP33.3 million compared to GBP36.1 million at same point year before. Blames drop in portfolio value on revaluations made following the Covid-19 pandemic."These adjustments were partly market related, but also partly in response to Covid-19's impact on specific market segments and investee companies. In this context it is fortunate that the company's portfolio has a relatively limited exposure to the travel and hospitality sectors," Mobeus adds. NAV total return in first half negative 0.4%. Declares interim dividend of 6.0p, maintains 4.0p annual dividend target.

----------

APQ Global Ltd - emerging markets income investor - December 31, 2019 book value USD72.9 million versus USD76.4 million at the start of 2019. Book value per share ended 2019 at 93.19 US cents versus 97.84 cents year before. June 30 book value USD24.8 million, with book value per share falling to 31.70 cents. Suspends dividend in cash prevention measure. "During the first quarter of 2020, the company experienced difficult trading conditions in its liquid portfolio due to large market movements in emerging markets currencies, bonds and equities, caused by the Covid-19 pandemic," APQ explains.

----------

Canadian Overseas Petroleum Ltd - Sub-Saharan African focused oil and gas company - Records net loss of USD919,000 in second quarter versus USD1.1 million loss year before. Net loss in first half narrows to USD1.2 million from USD2.2 million year before. Administrative expenses in six months to June 30 narrow to USD1.3 million from USD2.2 million. "In the second quarter of 2020, management progressed options to finance the company's continuing operation. The company continued to identify, evaluate and pursue exploration and development opportunities in African countries and elsewhere," Canadian Overseas said. Currently, the company does not have material cash inflows or adequate financing to develop profitable operations, it noted. The company is pursuing exploration projects and contracts that will require substantial additional financing before they are able to generate positive cash flows.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
6 Jun 2022 14:57

IN BRIEF: Canadian Overseas subsidiary gets approval for asset buy

Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - Says its subsidiary COPL America Inc receives approval for its purchase of the Wyoming assets of Cuda Energy LLC from the United States Bankruptcy Court for the District of Wyoming. Canadian Overseas expects the acquisition to close between June 18 and July 18.

Read more
17 May 2022 17:03

TRADING UPDATES: Van Elle, Equals expect profit to beat consensus

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

Read more
3 May 2022 21:55

TRADING UPDATES: Vela, Standard Life Investments up portfolio value

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

Read more
19 Apr 2022 22:13

TRADING UPDATES: AVI Japan outperforms; Crossword annual revenue grows

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

Read more
19 Apr 2022 12:02

TRADING UPDATES: Cerillion profit up; Iofina says iodine demand strong

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

Read more
6 Apr 2022 14:09

IN BRIEF: Canadian Overseas Petroleum reiterates 2022 objectives

Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - Reiterates its objectives for 2022, aiming to optimise and increase oil production at the operated Barron Flats Shannon Unit miscible flood. Alluding to some discussions about his company taking place online, President & Chief Executive Officer Arthur Millholland hopes "our clarification aids those stakeholders that have concerns resulting from the views and discussions on social media and internet chat forums."

Read more
1 Apr 2022 10:57

IN BRIEF: Canadian Overseas Petroleum hit by facility constraints

Canadian Overseas Petroleum Ltd - Calgary, Canada-based oil and gas company - Says net crude oil sales before royalties averaged 972 barrels per day in 2021, it explains that this figure was limited due to facility constraints. In the final quarter sales averaged 1,094 barrels a day, up marginally from an average of 1,071 barrels the previous quarter. Petroleum sales, net of royalties, were USD15.0 million in 2021 though Canadian Overseas notes that this was offset by a USD2.3 million loss on crude oil hedge contracts. In the final quarter, sales were USD5.8 million, up 12% from USD5.2 million in the third quarter.

Read more
23 Mar 2022 16:02

UK earnings, trading statements calendar - next 7 days

Thursday 24 March 
Arbuthnot Banking Group PLCFull Year Results
Atalaya Mining PLCFull Year Results
Big Technologies PLCFull Year Results
Biome Technologies PLCFull Year Results
Bridepoint Group PLCFull Year Results
CVS Group PLCHalf Year Results
Energean PLCFull Year Results
EnQuest PLCFull Year Results
Eve Sleep PLCFull Year Results
International Public Partnerships LtdFull Year Results
Kin & Carta PLCFull Year Results
Next PLCFull Year Results
Robinson PLCFull Year Results
Safestyle UK PLCFull Year Results
Secure Trust Bank PLCFull Year Results
Sopheon PLCFull Year Results
Starwood European Real Estate LtdFull Year Results
WAG Payment Solutions PLCFull Year Results
Friday 25 March 
Electrocomponents PLCTrading Statement
Faron Pharmaceuticals LtdFull Year Results
Smiths Group Half Year Results
United Utilities Group PLCTrading Statement
Wickes Group PLCFull Year Results
Monday 28 March 
Brighton Pier Group PLCHalf Year Results
Dialight PLCFull Year Results
Hercules Site Services PLCFull Year Results
RTC Group PLCFull Year Results
LungLife AI IncFull Year Results
Octopus Renewables Infrastructure Trust PLCFull Year Results
Tuesday 29 March 
AG Barr PLCFull Year Results
Animalcare Group PLCFull Year Results
Aquis Exchange PLCFull Year Results
Artisanal Spirits Co PLCFull Year Results
Bellway PLCHalf Year Results
Burford Capital LtdFull Year Results
Central Asia Metals PLCFull Year Results
Ergomed PLCFull Year Results
FireAngel Safety Technology Group PLCFull Year Results
Genedrive PLCHalf Year Results
Good Energy Group PLCFull Year Results
IQE PLCFull Year Results
Mortgage Advice Bureau Holdings PLCFull Year Results
NAHL Group PLCFull Year Results
Personal Group Holdings PLCFull Year Results
RBG Holdings PLCFull Year Results
Regional REIT LtdFull Year Results
S&U PLCFull Year Results
SkinBioTherapeutics PLCHalf Year Results
SSE PLCTrading Statement
Ten Entertainment Group PLCFull Year Results
Xaar PLCFull Year Results
XLMedia PLCFull Year Results
Wednesday 30 March 
Anglo Pacific Group PLCFull Year Results
Bank of Cyprus Holdings PLCFull Year Results
Bowleven PLCHalf Year Results
Canadian Overseas Petroleum LtdFull Year Results
Ebiquity PLCFull Year Results
Equals Group PLCFull Year Results
Gulf Keystone Petroleum LtdFull Year Results
Inspired PLCFull Year Results
Keywords Studios PLCFull Year Results
Michelmersh Brick Holdings PLCFull Year Results
Shepherd Neame LtdHalf Year Results
Team17 Group PLCFull Year Results
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
1 Feb 2022 13:10

IN BRIEF: Canadian Overseas Petroleum CEO buys GBP225,000 in shares

IN BRIEF: Canadian Overseas Petroleum CEO buys GBP225,000 in shares

Read more
10 Jan 2022 16:54

LONDON MARKET CLOSE: Stocks fall as Fed keeps markets "on edge"

LONDON MARKET CLOSE: Stocks fall as Fed keeps markets "on edge"

Read more
10 Jan 2022 12:13

IN BRIEF: Canadian Overseas Petroleum discovers oil in Wyoming

IN BRIEF: Canadian Overseas Petroleum discovers oil in Wyoming

Read more
10 Jan 2022 11:08

SMALL-CAP WINNERS & LOSERS: Canadian Overseas soars on oil discovery

SMALL-CAP WINNERS & LOSERS: Canadian Overseas soars on oil discovery

Read more
1 Dec 2021 22:04

TRADING UPDATES: Halfords and Springfield to raise funds for new deals

TRADING UPDATES: Halfords and Springfield to raise funds for new deals

Read more
15 Nov 2021 14:48

TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

TRADING UPDATES: 600 Group "leaner"; Totally doubles interim payout

Read more
27 Sep 2021 10:53

IN BRIEF: Canadian Overseas Petroleum plans 100-into-1 consolidation

IN BRIEF: Canadian Overseas Petroleum plans 100-into-1 consolidation

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.