focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied Materials
Stephen Yiu, FM at WS Blue Whale, discusses Nvidia, Visa/Mastercard, Lam Research & Allied MaterialsView Video
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to mining
Ben Turney, CEO at Kavango Resources, explains the company's progress from exploration to miningView Video

Latest Share Chat

Pin to quick picksEmmerson Share News (EML)

Share Price Information for Emmerson (EML)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.40
Bid: 2.30
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.20 (8.696%)
Open: 2.40
High: 2.40
Low: 2.40
Prev. Close: 2.40
EML 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: InfraStrata Targets Breakeven At Titanic Shipyard

Fri, 01st May 2020 11:18

(Alliance News) - The following is a round-up of quarterly, interim or full-year reports by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

InfraStrata PLC - natural gas storage and infrastructure - Pretax loss in six months to January 31 widens to GBP2.9 million from GBP394,627 amid sharp rise in management and administrative expenses to GBP2.8 million. Generates revenue of GBP515,230, versus none last year. Targets break-even at Harland & Wolff Belfast shipyard inside next 12 months.

----------

Flowtech Fluidpower PLC - fluid power components and services - Revenue in 2019 edges 0.3% higher to GBP112.4 million from GBP112.1 million, but pretax profit falls by 32% to GBP4.7 million from GBP6.9 million. Reports GBP1.7 million in depreciation of right-of-use assets, while administrative expenses rise 12% to GBP26.2 million. Decides against final dividend, means full-year payout down 65% to 2.13 pence per share from 6.07p.

----------

Block Energy PLC - exploration and production - Posts a widened pretax loss in 18 months to December 31. Previously changed its year-end date from June 30. Loss totalled USD6.1 million versus USD2.0 million. Generated revenue of USD314,000 versus USD179,000.

----------

Aminex PLC - oil & gas producer - Pretax loss in 2019 narrowed to USD15.2 million from USD48.5 million. Reported exploration impairments of USD10.9 million, down 75%. Revenue fell 42% to USD357,000 from USD617,000.

----------

Emmerson PLC - potash developer - Pretax loss in 2019 narrowed to GBP1.1 million from GBP1.8 million, amid absence of GBP698,000 in reverse acquisition expenses. Has moved to cut down on expenditure amid Covid-19.

----------

Taseko Mines Ltd - copper producer - Says revenue in three months to March 31 down 12% year-on-year to CAD62.1 million, about GBP35.2 million. Copper production up 30% to 32.4 million pounds from 24.9 million pounds.

----------

Panther Metals PLC - minerals explorer - Pretax loss in 2019 widened to GBP749,948 from GBP519,134 due to initial public offering costs of GBP305,134. Says outlook positive amid promising gold market.

----------

Shefa Gems Ltd - exploration and development - Swings to loss of NIS7.9 million, about GBP1.8 million, from NIS6.0 million. Aiming to continue mine planning procedures with the Israeli Lands Authority.

----------

Africa Opportunity Fund Ltd - investor - Net asset value per share at December 31 year-end down 4.9% to USD0.638 from USD0.671. Says performance lagged that of the Lusaka Stock Exchange in 2019.

----------

Marwyn Value Investors Ltd - investor - Reports share price total return of negative 17% compared to FTSE All-Share which gained 19%. Net assets down 29% to GBP105.0 million from GBP147.1 million.

----------

Papillon Holdings PLC - investment vehicle - Pretax loss in 2019 widens to GBP582,000 from GBP397,000. Administrative expenses up 20% to GBP443,000. Says acquisition of 50% stake in Pace Cloud Ltd progressing well.

----------

Golden Rock Global PLC - investment vehicle - Pretax loss in 2019 stretched to GBP393,871 from GBP227,983. Professional fees more than doubled to GBP272,308 during year where it came close to sealing acquisition before target company pulled out.

----------

New Century AIM VCT2 PLC - venture capital trust - 2019 NAV per share inches 2.4% higher to 49.53p from 48.38p, but axes dividend after 3.40p payout in 2018. Says UK general election result boosted certainty but notes volatility from Covid-19.

----------

Conygar Investment Co PLC - investor - Net asset value per share down 0.2% to 177.8 pence in six months to March 31 from 178.2p in September. NAV hurt by GBP1.3 million writedown at Cross Hands retail park in Carmarthenshire, Wales, due to Covid-19.

----------

Pires Investments PLC - investor - Net asset value in year ended October 31 climbs sharply to GBP2.6 million from GBP949,617 in year before. Pretax profit more than doubles to GBP865,510 from GBP322,069.

----------

Cardiff Property PLC - property investor - Ups dividend for six months to March 31 by 4.3% to 4.8 pence per share from 4.6p and NAV per share up 5.4% to 23.03p from 21.84p. Reports property market has uncertain picture due to Covid-19 but says Thames Valley area it operates in has been historically resilient.

----------

Weiss Korea Opportunity Fund Ltd - real estate investment - NAV per share rises 3.7% in 2019 to GBP1.5559 from GBP1.4993. Raises annual dividend by 21% to 4.1195p per share from 3.4155p. Noted that it outperformed the MSCI South Korea Index in 2019.

----------

Sigma Capital Group PLC - residential development - Revenue in 2019 rises 11% to GBP13.9 million from GBP12.5 million, with pretax profit climbing 17% to GBP13.0 million from GBP12.2 million. Holds total payout at 2.0p per share. Says Covid-19 impact difficult to predict. Will change year-end date to September 30 to better reflect season trading patterns.

----------

Highcroft Investments PLC - property investor - Net asset value per share falls 2.7% in 2019 to 1,175p from 1,205p. Slices final dividend by 20% to 27p per share from 33.75p, total payout down 8.6% to 48p from 52.50p. Net property income up 16% to GBP5.7 million and 12% rise in property valuation to GBP86.7 million from GBP77.7 million.

----------

Hemogenyx Pharmaceuticals PLC - cancer therapies - Pretax loss narrows to GBP1.5 million in 2019 from GBP1.6 million. Administrative expenses down 2.5% to GBP1.6 million and company reports other income of GBP213,126, more than double the amount from 2018.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
26 Jun 2019 12:59

Emmerson Contracts US Firm Barr Engineering For Khemisset Study

(Alliance News) - Emmerson PLC on Wednesday said it has appointed US based engineering consulting services provider Barr Engineering Co as process design engineers for the ongoing feasibility at a

Read more
10 Jun 2019 10:14

USD230 Million Indicative Financing For Emmerson's Khemisset Project

LONDON (Alliance News) - Emmerson PLC on Monday said it has received a formal indication of substantial debt financing, USD230 million, for its Khemisset potash project in Morocco.Shares in

Read more
22 May 2019 14:40

Emmerson Plans Khemisset Construction As Completes Permitting Roadmap

LONDON (Alliance News) - Emmerson PLC on Wednesday said it has completed a permitting roadmap for its Khemisset potash project in northern Morocco.The potash development company said the it

Read more
30 Apr 2019 14:15

Emmerson Outlook Positive But Loss Widens In 2018 On Higher Costs

LONDON (Alliance News) - Emmerson PLC on Tuesday said it looks forward to a "successful and exciting" year ahead despite reporting a widened loss in 2018.The Khemisset potash said

Read more
15 Apr 2019 12:16

Emmerson Starts Talks Over Offtake Agreement For Khemisset Project

LONDON (Alliance News) - Potash miner Emmerson PLC on Monday announced it has signed heads of terms for an offtake agreement over the Khemisset project in Morocco.The agreement covers up to

Read more
15 Apr 2019 10:24

Emmerson signs landmark heads of agreement for Khemisset offtake

(Sharecast News) - Morocco-focussed potash development company Emmerson has signed a heads of agreement with respect to offtake, sales and marketing for 100% of production from the Khemisset Potash Project, it announced on Monday.

Read more
1 Apr 2019 13:43

Emmerson Kicks Off Metallurgical Testwork At Khemisset Project

LONDON (Alliance News) - Potash miner Emmerson PLC on Monday said it has begun metallurgical testwork at the Khemisset project in Morocco.Testwork will include analysing brine phase the of

Read more
18 Mar 2019 12:33

Emmerson Says Environmental Study Finds No Concerns For Potash Project

LONDON (Alliance News) - Emmerson PLC on Monday said it completed an environmental baseline study for its Khemisset potash project in Morocco which showed "no areas of concern" that the

Read more
3 Mar 2019 17:41

Sunday share tips: Ashtead, Emmerson

(Sharecast News) - In his 'Inside the City' column for the Sunday Times this week, Tommy Stubbington claimed Ashtead was one of the many beneficiaries of the so-called 'sharing economy' - even if the notion of a sharing economy doesn't usually consist of diesel-powered generators and cement mixers.

Read more
20 Feb 2019 11:44

Emmerson Hires Consultant For Khemisset Potash Project

LONDON (Alliance News) - Emmerson PLC on Wednesday said it hired Don Larmour of Global Potash Solutions as a consultant for the Khemisset potash project located in Morocco.Larmour has been

Read more
20 Nov 2018 18:39

Emmerson Sees Low Cost High Margin Potential At Khemisset Potash Mine

LONDON (Alliance News) - Emmerson PLC on Tuesday said a scoping study of its Khemisset project in northern Morocco indicates potential for a low capital cost and high margin potash mine.The

Read more
23 Oct 2018 11:06

Emmerson Encouraged By Favourable Cost Estimates For Khemisset Project

LONDON (Alliance News) - Emmerson PLC on Tuesday said it has produced an estimate for the costs involved with providing electricity and gas to its Khemisset potash project in Morocco.The a

Read more
8 Oct 2018 11:19

Emmerson Finds Big Cost Savings At Khemisset Potash Project In Morocco

LONDON (Alliance News) - Emmerson PLC said Monday newly completed cost estimates for the scoping study of its Khemisset potash project in northern Morocco found the potential for significant cost

Read more
28 Sep 2018 13:22

Emmerson Swings To Interim Loss In Transformational Period

LONDON (Alliance News) - Potash firm Emmerson PLC reported on Friday a loss, having posted a profit a year prior, in a period in which it took full ownership of its core project.For the six

Read more
15 Aug 2018 11:07

Emmerson Discovers Potentially Significant Exploration Site In Morocco

LONDON (Alliance News) - Potash developer Emmerson PLC on Wednesday said it has found a "significant" exploration target at the Khemisset project in northern Morocco.The target, a

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.