Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGolden Rock Share News (GCG)

  • This share is currently suspended. It was suspended at a price of 3.05

Share Price Information for Golden Rock (GCG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.05
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: 3.05
GCG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS: Ceiba celebrates NAV rise; Golden Rock suffers losses

Fri, 29th Sep 2023 19:31

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

----------

Ceiba Investments Ltd - Investment firm dedicated to investing in Cuba, with interests in the commercial and tourism real estate sectors - Reports net asset value per share at June 30 of USD1.09, up 5.9% from USD1.03 on December 31. For the six months to June 30, reports NAV total return of 5.9%, against negative 3.5% year-on-year. Net profit for the period was USD7.3 million, swung from a loss of USD400,000 a year prior. Basic and diluted earnings per share were USD0.05, swung from a loss of USD0.003. Chair John Herring reflects that while the Covid-19 pandemic is over, "unfortunately its impact continues to be felt", particularly in the tourism sector, which is one of Cuba's main sources of foreign currency and which has taken longer to recover than would be hoped for. Adds that while the uncertain outlook "continues to have a negative impact on the values of the assets of the company", the board is pleased to see a return to profit.

----------

Livermore Investments Group Ltd - Investment company focused on fixed income instruments - As at June 30, reports net asset value per share of USD0.80, up from USD0.77 on December 31, and from USD0.79 a year prior. For the six months to June 30, posts pretax profit of USD4.0 million from a loss of USD21.7 million the previous year. Investment loss narrows to USD5.8 million from USD33.7 million, while interest and distribution income slips to USD11.5 million from USD13.7 million. Looking ahead, says the global outlook remains cautious "due to lingering inflation and tighter policies".

----------

Golden Rock Global PLC - Special purpose acquisition company - For the six months to June 30, reports pretax loss of GBP73,821, widened from GBP62,347 a year prior. Operating loss was GBP67,660, compared to a loss of GBP62,179. Loss per share was GBP0.39, increased from GBP0.33 the previous year. Administrative expenses grew to GBP94,663 from GBP72,179 year-on-year. Chair Ross Andrew says that the company has sufficient cash for its immediate requirements but will need to seek further funds or facilities if the acquisition of 2Mee Ltd has not concluded in early 2024.

----------

Vox Valor Capital Ltd - London-based technology investment company - For the six months ended June 30, reports a pretax loss of USD124,817 from USD1.9 million a year prior. Revenue is USD1.8 million from USD3.4 million the previous year, while operating expenses fall to USD1.2 million from USD3.4 million year-on-year. Looking ahead, says that rising interest rates and inflation rates tend to have "an adverse impact" on the price of services provided. Says the board remains cautiously optimistic and continues to evaluate opportunities for generating value for shareholders.

----------

Catenae Innovation PLC - London-based digital media and technology provider using blockchain technology to support clients with operations and staff management - For the six months to June 30, reports revenue of GBP22,173, up from GBP17,500 for the six months to March 31, but down from GBP152,437 in the year ended December 31. Posts pretax loss of GBP185,267, narrowed from GBP287,168 in the six months to March 31, and from GBP527,165 in the year ended December 31.

----------

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
13 Dec 2023 14:04

Golden Rock extends maturity date of loan notes issued to director

(Alliance News) - Golden Rock Global PLC on Wednesday said it would be extending the terms of existing convertible loan notes issued to Executive Director Wei Chen.

Read more
17 Aug 2023 12:12

Golden Rock Global to acquire software company 2Mee

(Alliance News) - Golden Rock Global PLC on Thursday said it has signed an initial deal to acquire software firm 2Mee.

Read more
21 Jul 2023 11:03

IN BRIEF: Golden Rock Global raises GBP95,000 to pursue takeover talks

Golden Rock Global PLC - special purpose acquisition company - Raises GBP95,000 from placing of 3.8 million new shares by broker Clear Capital Markets Ltd at price of 2.5 pence each. The price is a 23% discount to the stock's market close on Tuesday, before the placing. Golden Rock also issues 5.4 million warrants, each allowing the purchase of one new share at the same price of 2.5p over the next three years. Of these, 3.8 million go to Clear Capital Markets and the rest to directors and advisors. On Wednesday, Golden Rock said it had shortlisted two acquisition targets and expects to move forward with one "in the near future". Either would constitute a reverse takeover.

Read more
19 Jul 2023 09:18

IN BRIEF: Golden Rock finds two potential reverse takeover targets

Golden Rock Global PLC - Jersey-based firm seeking acquisition opportunities in the financial technology sector - Further to announcement in late June that it was in talks about potential acquisitions, says it has been working with a small number of potential acquisition targets and has now shortlisted two of these. Expects to move forward with one of the shortlist targets "in the near future". Notes any acquisition would constitute a reverse takeover, if completed. Adds it still feels the company's current share price continues to undervalue the company and is looking to conclude "any acquisition at a valuation that would represent fairer value to shareholders". Says it will make further announcements in line with regulatory requirements.

Read more
28 Jun 2023 10:19

Golden Rock shares rise as confirms talks over potential acquisitions

(Alliance News) - Golden Rock Global PLC on Wednesday confirmed it is in talks about potential acquisitions, as it responded to a sharp rise in its share price.

Read more
28 Jun 2023 09:38

SMALL-CAP WINNERS & LOSERS: Pod Point rises on Barratt partnership

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

Read more
28 Apr 2023 17:13

EARNINGS SUMMARY: Supply@Me and Kavango Resources annual losses widen

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

Read more
5 Apr 2023 17:56

IN BRIEF: Golden Rock Global trading resumes as BOLT deal collapses

Golden Rock Global PLC - Jersey-based firm seeking acquisition opportunities in the fintech sector - Announces it has terminated discussions with BOLT, a blockchain-based media and decentralised finance ecosystem. In November 2021, the company entered non-legally binding heads of terms with the shareholders of BOLT to acquire its entire share capital. Golden Rock acknowledges that this will be a "major disappointment" to its shareholders who have "who have waited for a considerable period whilst the board endeavoured to conclude a satisfactory deal." Says that it has "reluctantly concluded" that a satisfactory deal would not be possible "for reasons unrelated to the company." Consequently, company applies to have the suspension of its shares from trading lifted and its trading recommences on Wednesday.

Read more
5 Dec 2022 21:49

TRADING UPDATES: MaxCyte in deal; Angus to resume Saltfleetby drilling

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

Read more
18 Oct 2022 21:45

TRADING UPDATES: Revolution Bars swings to profit; Mind Gym sees loss

(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
11 Jul 2022 14:25

CORRECT (June 14) IN BRIEF: Golden Rock Global narrows annual loss

(Correcting pretax loss and total asset figures.)

Read more
14 Jun 2022 13:47

IN BRIEF: Golden Rock Global narrows annual loss; progressing talks

Golden Rock Global PLC - special purpose acquisition company focused on fintech sector - In 2021, narrows pretax loss to GBP93.3 million from GBP213.6 million the previous year. Total assets at December 31 stand at GBP188.3 million, falling 8.3% from GBP205.3 million. Company reassures that though discussions with Bolt Global, a blockchain-based media and finance ecosystem, are taking longer than expected, they are still "progressing well". The company announced it had signed head of terms to acquire Bolt Global in November 2021.

Read more
17 Nov 2021 19:36

TRADING UPDATES: 3i Infrastructure opens USD512 million investment

TRADING UPDATES: 3i Infrastructure opens USD512 million investment

Read more
27 Sep 2021 17:22

IN BRIEF: Golden Rock Global swings to interim profit

IN BRIEF: Golden Rock Global swings to interim profit

Read more
12

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.