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: 2.42
Bid: 2.40
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.10 (4.167%)
Open: 2.42
High: 0.00
Low: 0.00
Prev. Close: 2.42
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
25 May 2018 17:32

Globalworth Real Estate Unit Buys Office Building For EUR35.8 Million

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Friday that it has acquired West Link, a office property located in Wroclaw, Poland, for EUR35.8 million.The 72% owned

Read more
9 May 2018 13:13

Globalworth Real Estate Buys Polish Business Park For EUR139 Million

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd said Wednesday its 72%-owned unit Globalworth Poland Real Estate NV has acquired a business park in Krakow, Poland, for EUR139 has

Read more
15 Mar 2018 12:32

Globalworth Real Estate Buys Warsaw Office Block For EUR55 Million

LONDON (Alliance News) - Property investor Globalworth Real Estate Investments Ltd said Thursday its Polish subsidiary acquired an office block in Poland

Read more
14 Mar 2018 18:25

Moody's Upgrades Globalworth Real Estate's Rating To Ba1

LONDON (Alliance News) - Moody's Investors Service said Wednesday that it has upgraded Globalworth Real Estate Investments Ltd's long-term Corporate Family Rating to a

Read more
8 Mar 2018 13:05

Globalworth Real Estate Portfolio Value Up After Investments In Poland

LONDON (Alliance News) - Globalworth Real Estate Investments Ltd on Thursday said its portfolio value rose 86% over the year due to the investments in real estate investment a

Read more
7 Dec 2016 07:59

Globalworth Says Key Condition To EUR200 Million Fundraise Satisfied (ALLISS)

Read more
20 Jul 2016 08:39

Globalworth Real Estate Portfolio Grows In Value In First Quarter

Read more
19 Jul 2016 15:17

UK Shareholder Meetings Calendar - Next 7 Days

Read more
1 Jul 2016 14:31

DIRECTOR DEALINGS: Globalworth Real Estate CEO Increases Stake Further

Read more
1 Jul 2016 13:38

DIRECTOR DEALINGS: Globalworth Real Estate Non-Exec Adds To Stake

Read more
1 Jul 2016 13:33

CORRECT: Globalworth Real Estate CEO Increases Stake Again

Read more
1 Jul 2016 10:05

DIRECTOR DEALINGS: Globalworth Real Estate CEO Increases Stake Again

Read more
29 Jun 2016 11:16

DIRECTOR DEALINGS: Globalworth Real Estate CEO Buys More Shares

Read more
24 Jun 2016 12:11

DIRECTOR DEALINGS: Globalworth Real Estate CEO Buys More Shares

Read more
23 Jun 2016 10:28

DIRECTOR DEALINGS: Globalworth Real Estate Deputy CEO Buy Shares

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.