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

Pin to quick picksGlobalworth Share News (GWI)

Share Price Information for Globalworth (GWI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.50
Bid: 2.40
Ask: 2.46
Change: 0.00 (0.00%)
Spread: 0.06 (2.50%)
Open: 2.50
High: 2.50
Low: 2.50
Prev. Close: 2.43
GWI Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Griffin restarts Caijiaying; Ten Lifestyle drops

Fri, 04th Mar 2022 11:13

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

----------

AIM - WINNERS

----------

Griffin Mining Ltd, up 8.2% at 86.55p, 12-month range 80.80p-149.00p. Underground mining operations at the Caijiaying zinc-gold mine in China are scheduled to restart on March 15. The processing facilities will be initiated shortly thereafter, and then underground drilling at both zones two and three will commence earlier than planned on Monday next week. "I am grateful to all our professional staff, employees and contractors in keeping to the scheduled re-start of operations announced by the company late last year. This is even more critical in light of the spot zinc price trading over USD4,000 tonne, the highest price in over 15 years, and the significantly positive effect that will have on the cash generated by our operations," says Chair Mladen Ninkov.

----------

AIM - LOSERS

----------

CVS Group PLC, down 2.8% at 1,664.00p, 12-month range 1,580.00p-2,770.00p. The UK Competition & Markets Authority says it could the clear veterinary services firm's acquisition of Quality Pet Care following undertakings offered by the Norfolk-based veterinary services provider. The undertakings offered by CVS include the divestment of the entire The Vet business. The UK watchdog now has until May 4 to decide on whether it will accept the undertakings, but has the option to extend its timeframe to July 1 should there be exceptional reasons for doing so. In August, CVS announced its acquisition of Quality Pet Care, which trades as The Vet for GBP20.4 million. However in September, the UK CMA had opened an investigation into the deal, and in February had judged that the acquisition would reduce competition in Bristol, Nottingham, Portsmouth, Southampton and Warrington.

----------

Globalworth Real Estate Investments Ltd, down 5.1% at EUR5.58, 12-month range EUR5.58-EUR7.48. Swings to profit in 2021, thanks to a reduced fair value loss on its investment property portfolio. It reported pretax profit of EUR62.1 million last year, compared to a loss of EUR30.5 million in 2020. Globalworth recorded a fair value loss on investment property of just EUR5.7 million, compared to EUR116.2 million in 2020. Revenue slipped slightly by 1.7% to EUR219.4 million in 2021 from EUR223.3 million, with higher expenses driving net operating income down 8.3% to EUR144.3 million from EUR157.3 million. Total combined portfolio value rose 3.9% to EUR3.2 billion as of December 31. Preliminary EPRA net reinstatement value was EUR1.9 billion, or EUR8.66 per share at December 31, a slight decrease from EUR8.68 a year before.

----------

Ten Lifestyle Group PLC, down 24% at 80.70p, 12-month range 80.50p-122.00p. Expects earnings for its 2022 financial year to be below expectations, due to the effect of the Omicron variant. For the year ending August 31, Ten Lifestyle expects to report a rise in adjusted earnings before interest, tax, depreciation and amortisation above the GBP4.4 million posted the year before, but the figure is set to be below expectations. This is due to a reduction in member requests since December after the emergence of the Omicron variant of Covid-19. In addition, net revenue for the year remains in line with management expectations, as new contract wins launching in the second half and the easing pandemic offset the effect of Omicron. Looking further ahead, Ten Lifestyle expects the new contract wins to increase revenue and profitability in line with its expectations for the 2023 financial year.

----------

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
20 Dec 2019 09:13

Globalworth Real Estate Acquires Podium Park Asset For EUR134 Million

Globalworth Real Estate Acquires Podium Park Asset For EUR134 Million

Read more
4 Nov 2019 09:06

Globalworth Real Estate Buys Two Polish Offices For EUR185 Million

Globalworth Real Estate Buys Two Polish Offices For EUR185 Million

Read more
1 Nov 2019 14:58

Globalworth enters into new EUR 200m revolving credit facility

(Sharecast News) - Central and eastern Europe-focussed office property investor Globalworth Real Estate Investments has entered into a new €200m £172.27m) unsecured revolving credit facility with a syndicate of its relationship banks and selected new lenders, it announced on Friday.

Read more
1 Nov 2019 09:26

Globalworth Secures EUR200 Million Credit Facility From Lenders

Globalworth Secures EUR200 Million Credit Facility From Lenders

Read more
11 Oct 2019 09:12

Globalworth Real Estate Raises EUR264 Million For Acquisitions

Globalworth Real Estate Raises EUR264 Million For Acquisitions

Read more
10 Oct 2019 10:25

Globalworth launches placing as it pursues solid pipeline

(Sharecast News) - Central and eastern Europe-focussed office property investment company Globalworth Real Estate Investments announced its intention to issue up to 28,571,626 new ordinary shares at a price of 925 euro cents on Thursday.

Read more
10 Oct 2019 09:17

Globalworth Real Estate Seeks EUR265 Million To Fund Investments

Globalworth Real Estate Seeks EUR265 Million To Fund Investments

Read more
1 Oct 2019 10:21

Globalworth Real Estate Plans Fundraise For Investment Opportunities

Globalworth Real Estate Plans Fundraise For Investment Opportunities

Read more
27 Sep 2019 15:34

Globalworth delists Poland subsidiary as it gobbles up remaining shares

(Sharecast News) - Globalworth Real Estate Investments confirmed the completion of the delisting of its Polish subsidiary, Globalworth Poland Real Estate (GPRE), from the Warsaw Stock Exchange on Friday, with effect from 29 September.

Read more
27 Sep 2019 08:45

Globalworth Real Estate Polish Subsidiary To Delist From Warsaw Index

Globalworth Real Estate Polish Subsidiary To Delist From Warsaw Index

Read more
19 Sep 2019 10:14

Globalworth Real Estate Reports Strong Interim On Portfolio Growth

(Alliance News) - Globalworth Real Estate Investments Ltd said Thursday its profit rose in the first half of 2019 on revenue growth and a higher portfolio value.The Europe-focused office of

Read more
30 Aug 2019 08:19

Globalworth Real Estate Profit And Assets Rise In First Half Of 2019

(Alliance News) - Globalworth Real Estate Investments Ltd on Friday said its profit climbed steeply in the first half of 2019 as revenue rose by a third.The firm issued a preliminary of its

Read more
22 Jul 2019 12:39

DIRECTOR DEALINGS: Globalworth Boss Buys EUR27 Million Of Shares

(Alliance News) - Globalworth Real Estate Investments Ltd on Monday said Chief Executive Ioannis Papalekas has bought shares worth almost EUR30 million.Papalekas, who also founded purchased

Read more
17 Jun 2019 13:26

DIRECTOR DEALINGS: Globalworth Real Estate Director Buys Shares

(Alliance News) - Globalworth Real Estate Investments Ltd on Monday said Ayrad Investment Ltd, which is owned by Non-Executive Director Eli Alroy, acquired 100,000 shares at a price of EUR9.1091 -

Read more
13 May 2019 13:16

Globalworth Real Estate Non-Executive Director Rafiq Stands Down

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Monday Non-Executive Director Akbar Rafiq has stepped down from the property firm with immediate effect.Rafiq - a since

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.