Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJadestone Energy Share News (JSE)

Share Price Information for Jadestone Energy (JSE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 31.50
Bid: 31.00
Ask: 32.00
Change: 0.00 (0.00%)
Spread: 1.00 (3.226%)
Open: 31.50
High: 32.00
Low: 31.50
Prev. Close: 31.50
JSE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

TRADING UPDATES: Luceco tops guidance; Jadestone seals Malaysia buy

Fri, 16th Jul 2021 14:28

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

----------

Luceco PLC - LED lighting products supplier - Says revenue in first half grows 51% to GBP108 million, 31% higher than two years earlier. Adjusted operating profit of GBP19 million is expected for first half, topping previous guidance of GBP18 million and up sharply from GBP9.0 million. Revenue to beat old guidance of GBP105 million. "Strong growth versus 2019 underlines the extent of our ongoing market share gains, particularly during Covid," Luceco says. Tips 2021 revenue to rise over 25% to GBP220 million, which would be 28% higher than 2019. Eyes adjusted operating profit of GBP39 million, rising 30% annually and more than double 2019.

----------

Jadestone Energy PLC - oil and gas producer in Asia-Pacific - Says all conditions needed to seal acquisition of Malaysian assets from SapuraOMV Upstream Sdn Bhd have been met. This includes consent from Petroliam Nasional Bhd, or Petronas, Malasyian state-owned oil and gas firm. Jadestone adds: "Jadestone and SapuraOMV will now proceed to complete the transaction, which will entail Jadestone paying the headline consideration of USD9 million."

----------

Rainbow Rare Earths Ltd - rare earth element mining in Burundi, East Africa - Notes civil unrest in South Africa. Says work at rare earth project located in Phalaborwa continues "unabated" and has been unaffected by rioting and looting.

----------

Good Energy Group PLC - Wiltshire-based renewable electricity supplier - Launches new energy tariff for electric vehicle drivers. New tariff, named 'Green Driver', is cheaper alternative and offers off-peak EV charging services. "The two tariffs are designed to give customers a choice of off-peak charging period to suit their needs and help those that have an EV to save money on their energy bills. These tariffs have been designed based on customer feedback, highlighting a requirement for a slightly longer charging period," Good Energy says.

----------

HeiQ PLC - London-based textiles technology firm - Signs collaboration pact with Lycra Co, provider of textiles to apparel and personal care industries. "The collaboration will lead to the launch of many new innovative, quality-enhancing and sustainable textile technologies addressing needs for stretch, antimicrobial, freshness, warming and cooling," HeiQ says. HeiQ says both firm's products will be jointly-marketed by companies. HeiQ adds: "The first innovation will be launched in Q3 2021, combining HeiQ's freshness and antiviral benefits with the quality and comfort of Lycra Co's stretch fabrics, bringing a new dimension of comfort and confidence to consumers."

----------

Bonhill Group PLC - London-based business-to-business media - Says trading in first half of 2021 in line with market expectations. However, as announced in May, Bonhill tips first half revenue to be lower year-on-year amid Covid-19 curbs hurting live events. Revenue in first half of year prior was GBP7.8 million. Tips second quarter like-for-like sales to rise 9%, however. Expects pretax loss expected to narrow from GBP11.1 million amid cost savings.

----------

Filtronic PLC - Yeadon, England-based manufacturer of products for the aerospace, defence telecoms infrastructure and critical communications markets - Outlines plan for a "brand refresh". Part of plan is new company logo. "This brand refresh gives Filtronic a modern platform - a new identity that tells our story, refreshes our look and is aligned with the company strategy," Filtronic says.

----------

RBG Holdings PLC - London-based law firm - Says traded in line with expectations in six months to June 30. Plans to pay 2 pence per share interim dividend. In respect to 2020, company made just one 3p distribution, having deferred interim payout. Notes Legal Services unit "performed well", while Litigation Finance has three large cases ongoing.

----------

PRS REIT PLC - real estate investment trust focusing on new-build family homes for the private rental market - Completes 4,000th new rental home. Believes it has "largest build-to-rent single family rental portfolio in the UK". New completion takes estimated rental value to GBP37.7 million. Sigma Capital Group PLC's subsidiary, Sigma PRS Management Ltd, is investment adviser to PRS REIT. Sigma Capital notes PRS REIT's release.

----------

Creo Medical Group PLC - Chepstow, Wales-based medical device company specialising in surgical endoscopy - Opens US headquarters in Danbury, Connecticut. Creo says site will support global growth plans, as well as US focus. "We are delighted and proud to have opened our first United States facility, illustrating our commitment to growth and our focus on the key United States Market," Chief Executive Officer Craig Gulliford says.

----------

Nucleus Financial Group PLC - Edinburgh-based financial services provider - Says assets under management at June 30 rise 5.1% quarter-on-quarter to GBP18.87 billion from GBP17.96 billion. Assets under management in second quarter up 19% annually. Reports quarterly inflows of GBP578 million and outflows of GBP385 million, giving net flows of GBP193 million.

----------

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
19 Jan 2023 15:57

Jadestone buying interest on onshore Thailand operation

(Sharecast News) - Asia-Pacific oil and gas producer Jadestone Energy has executed a sale and purchase agreement with Salamander Energy, an affiliate of PT Medco Energi Internasional, it announced on Thursday.

Read more
19 Jan 2023 12:22

Jadestone Energy buys gas field stakes in Thailand for USD32.5 million

(Alliance News) - Jadestone Energy PLC on Thursday announced it is buying stakes in gas fields onshore Thailand.

Read more
18 Jan 2023 13:51

Jadestone Energy shares up as Montara production to restart next month

(Alliance news) - Jadestone Energy PLC on Wednesday said it completed an independent review of its remediation plans and operational readiness for the Montara Venture floating production, storage and offloading unit.

Read more
18 Jan 2023 13:18

Jadestone jumps as it works on re-start at Montara

(Sharecast News) - Asia-Pacific-focussed independent oil and gas producer Jadestone Energy said in an update on Wednesday that DNV's independent review of its remediation plans and operational readiness for the Montara Venture FPSO had been completed and submitted to Australian authorities, as required by the General Direction issued in September.

Read more
18 Jan 2023 11:09

AIM WINNERS & LOSERS: Team17 to beat expectations; IOG "disappointed"

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

Read more
24 Nov 2022 14:34

DIRECTOR DEALINGS: Darktrace strategy chief banks GBP5.0 million

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Thursday and not separately reported by Alliance News:

Read more
23 Nov 2022 13:09

Jadestone acquires remaining 10pc of Indonesia's Lemang

(Sharecast News) - Asia-Pacific oil and gas company Jadestone Energy announced the acquisition of the remaining 10% interest in the Lemang production sharing contract, onshore Indonesia, on Wednesday.

Read more
23 Nov 2022 10:26

Jadestone Energy takes full ownership of Lemang project in Indonesia

(Alliance News) - Jadestone Energy PLC on Wednesday said it has completed its acquisition of the remaining interest in the Lemang production sharing contract, located onshore Indonesia.

Read more
22 Nov 2022 15:16

IN BRIEF: Jadestone Energy director sells GBP180,000 in shares

Jadestone Energy PLC - oil and gas production in Australia, Malaysia, Indonesia and Vietnam - Non-Executive Director David Neuhauser sells 234,073 shares at GBP0.77, worth GBP179,736, on Thursday and Friday last week. Neuhauser now holds 32.1 million shares, a 7.1% stake, via Livermore Partners LLC.

Read more
17 Nov 2022 14:11

IN BRIEF: Jadestone Energy expects lower production 2022 amid repairs

Jadestone Energy PLC - oil and gas production company focused on the Asia-Pacific region - Expects oil production in 2022 to fall annually following ongoing repairs of defects at an oil cargo tank and at a ballast water tank.

Read more
17 Nov 2022 09:32

LONDON BROKER RATINGS: RBC cuts Rathbones to 'sector perform'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
1 Nov 2022 13:02

Jadestone completes Western Australia acquisition from BP

(Sharecast News) - Asia-Pacific oil and gas company Jadestone Energy announced the completion of the acquisition of a non-operated 16.67% working interest in the Cossack, Wanaea, Lambert, and Hermes (CWLH) oil fields development, offshore Western Australia.

Read more
1 Nov 2022 11:31

IN BRIEF: Jadestone completes oil field acquisition offshore Australia

Jadestone Energy PLC - oil and gas production company focused on the Asia-Pacific region - Completes acquisition of a non-operated 17% working interest in the Cossack, Wanaea, Lambert, and Hermes oil fields development, offshore Western Australia. Acquisition from BP Developments Australia Pty Ltd. The headline cost of the acquisition is USD20 million.

Read more
27 Oct 2022 13:46

Jadestone blames lack of 'clarity', backs out of Maari purchase

(Sharecast News) - Asia-Pacific oil and gas producer Jadestone Energy has mutually agreed with OMV New Zealand to terminate the sale and purchase agreement to acquire an operated 69% interest in the Maari Project, offshore New Zealand, it announced on Thursday.

Read more
27 Oct 2022 11:19

Jadestone Energy terminates Maari acquisition due to lack of progress

(Alliance News) - Jadestone Energy PLC on Thursday said it has terminated its acquisition of the Maari project in New Zealand due to lack of guidance on the regulatory approvals required to complete the deal.

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.