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Small caps round-up: OMG, Oakley, Noble...

Wed, 28th Apr 2010 11:24

Oxford Metrics Group (OMG) rallied Wednesday after the image technology company flagged half-year revenue of £14.4m and predicted a pre-tax profit ahead of the market's current forecast for the full year.The firm says it is in "robust financial health", which pleases Daniel Stewart. The broker points out it's exposed to trends in sectors like R&D, defence development and mapping, which are all showing signs of recovery, so buy.Oakley Capital Investments pushed ahead as traders welcomed a 31% increase in net asset value per share during 2009 to a better than expected 141p.The improvement was driven primarily by operational performance improvements in the portfolio companies of Oakley Capital Private Equity.AIM listed coin and stamp dealer Noble Investments lifted pre-tax profit for the six months ending 28 February by 9% to £1.08m on revenue 12% better at £7.1m.Noble hiked the dividend by 35% to 1.35p a share as managing director Ian Goldbart reported continuing strong demand for high quality rarities.Irish explorer Minco has given back some of its recent gains after announcing completion of 34 holes in the first quarter of 2010 on its Pallas Green zinc-lead joint venture in Co. Limerick. The shares succumbed to profit taking having almost doubled this month.Battery maker China Shoto reported a 117.1% jump in full-year pre-tax profit to £25.07m. "In 2010, the group will accelerate the development of its overseas distribution networks and strengthen its sales push into international markets to maintain its growth momentum whilst continuing to deliver value to our shareholders," said chairman Yang Shanji.Compressor technology specialist Corac reported a slightly higher pre-tax loss of £3.69m in the year ended 31 December from a loss of £3.48m despite revenue rising to £1.34m from £0.66m last time.Idea management software firm Imaginatik saw its share price fall to a 52-week low after it said revenue for the year is expected to be slightly lower than expected at £4.55m after contract negotiations on a project dragged on longer than expected.Operating loss before share option charges for the year to 31 March 2010 is expected to be £1.26m, compared to a loss of £0.13m the year before. Cash at the end of March stood at £1.51m, up from £1.14m a year earlier.The share price of gift wrap and greetings card maker International Greetings is looking a bit battered after the group said sales and profitability in the year to 31 March 2010 were in line with market expectations.Net debt by the end of March had been reduced by £19.7m from a year earlier to £48.8m.Invista Foundation Property Trust saw its net asset value (NAV) per share at the end of March 2010 advance to 52.4p from 49.5p at the end of 2009. The improvement follows a £15.1m (5.2%) like for like increase in the underlying value of the property portfolio. The real estate investment trust has announced an interim dividend of 0.88p for the first quarter of 2010.
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3 Dec 2018 12:49

Imaginatik wins 'significant' contract with new customer

(Sharecast News) - Imaginatik said on Monday that it has won a "significant" contract with a new customer - a global chemical conglomerate - worth $142,000 a year.

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19 Nov 2018 10:40

Imaginatik slashes costs but losses persist

(Sharecast News) - Losses widened at Imaginatik in a challenging half-year as new business slowed down in the wake of the innovation consultant's strategic review.

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26 Oct 2018 12:44

Eight Capital Partners pours £0.25m into Imaginatik

(Sharecast News) - Technology-focussed investment vehicle Eight Capital Partners announced an investment of £0.25m into Imaginatik on Friday.

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18 Oct 2018 09:25

Imaginatik secures over $1.5m in renewals and new business.

(Sharecast News) - Imaginatik has secured more than $1.5m worth of orders since the start of September and is close to appointing a nominated adviser to allow trading in its shares to resume.

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17 Sep 2018 10:27

Imaginatik confirms further delay with equity investment

(Sharecast News) - Corporate innovation management provider Imaginatik updated the market on its potential equity investment on Monday, confirming that the investor was still in discussions to make a controlling equity investment in the company.

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11 Sep 2018 08:17

Imaginatik's shares plummet after losses deepen and revenues fall

(Sharecast News) - Management software provider Imaginatik saw its shares dip on Tuesday after reporting steeper annual losses as revenues fell and the company failed to complete its objectives for the year.

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29 May 2018 11:07

Imaginatik Confirms Funding Search To Help Sale Process

LONDON (Alliance News) - Management consultancy and software firm Imaginatik PLC on Tuesday confirmed it is on the look-out for short-term funding to progress its ongoing sale process.At of

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1 May 2018 10:10

Imaginatik May Seek Funding Ahead Of Sale As Revenue To Decline

LONDON (Alliance News) - Imaginatik PLC on Tuesday said it may look for additional funding to tide the company over while it seeks to sell itself, as annual revenue is expected to fall despite a a

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21 Mar 2018 12:06

Imaginatik In Talks With Possible Buyers, Hopes To Conclude By May

LONDON (Alliance News) - Management software and services company Imaginatik PLC said on Wednesday it is in talks with a number of possible buyers of the company, almost two a

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6 Dec 2016 08:16

Imaginatik narrows losses and holds revenue steady

(ShareCast News) - Imaginatik posted its unaudited results for the six months to 30 September on Tuesday, with a reduced loss after tax of £0.26m, compared to £0.41m, despite the impact of adverse currency movements. The AIM-traded company reported recognised revenue holding almost steady at £1.84m,

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24 Jun 2016 06:56

Imaginatik Raises Further GBP9,000 In Open Offer, Placing (ALLISS)

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25 May 2016 17:18

Imaginatik proposes fundraising to strengthen balance sheet

(ShareCast News) - Imaginatik shares fell on Wednesday after the software company proposed a £2.1m fundraising to boost its balance sheet. The group will raise the funds by placing 63,263,520 new ordinary shares worth £1.6m and an open offer of up to 21,277,896 new ordinary shares worth £0.53m. The

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25 May 2016 09:50

WINNERS & LOSERS SUMMARY: Sweett Group Soars On Canadian Takeover

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25 May 2016 08:19

Imaginatik To Raise GBP2.1 Million To Boost Finances, Back Growth (ALLISS)

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17 May 2016 11:40

UPDATE: Imaginatik Plummets On Plans For Discounted Fundraising (ALLISS)

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