The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMCL.L Share News (MCL)

  • There is currently no data for MCL

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Morses Club sinks on profit warning, CEO exit

Mon, 21st Feb 2022 11:33

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

----------

AIM - WINNERS

----------

Bivictrix Therapeutics PLC, up 10% at 27.00 pence, 12-month range 17.00p-35.00p. The drug development company strengthens patent portfolio with filing of four new patents. The patent applications focus on novel cancer-specific antigen fingerprints.

----------

AIM - LOSERS

----------

Synairgen PLC, down 79% at 35.47p, 12-month range 10.00p-223.80p. Shares in drug discovery and biotechnology company hit 12-month low as it says late-stage trial of SNG001 did not meet primary or key secondary efficacy endpoints. Antiviral therapy SNG001 is a proposed treatment for people suffering from chronic obstructive pulmonary disease.

----------

Morses Club PLC, down 61% at 16.20p, 12-month range 13.51p-95.00p. Shares in home-collected credit provider hit 12-month low after issuing a profit warning and announcing immediate departure of Chief Executive Officer Paul Smith. Morses says surge in customer complaints against its doorstep-lending unit HCC "in recent days" meant that profit would be 20% to 30% lower than analyst expectations. Smith has left his role as CEO and stepped down from the board with immediate effect days after selling stock without telling the company in advance. Gary Marshall, chief operating officer, has been appointed as CEO.

----------

ADVFN PLC, down 16% at 58.50p, 12-month range 23.00p-94.99p. The financial information provider posts drop in first half profit. For six months ended December 31, profit falls to GBP202,000 from GBP264,000 year before on revenue of GBP4.22 million, down from GBP4.23 million.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
13 Feb 2023 11:39

IN BRIEF: Morses Club shares cancelled from trading on AIM in London

Morses Club PLC - Nottingham, England-based home collected credit provider and online lender - AIM notifies Morses Club it has cancelled ordinary shares from trading on its London Stock Exchange market, after a request from Morses Club. This is effective from Monday.

Read more
10 Feb 2023 18:51

IN BRIEF: Morses Club CEO wants "explanation" as custodian sells stock

Morses Club PLC - Nottingham, England-based home collected credit provider & online lender - Chief Executive Gary Marshall was informed that a custodian of 350,000 shares in the company sold them on his behalf at 0.272 pence per share on Wednesday. The sale amounted to GBP95,200. States that Marshall did not give an instruction for the shares to be sold. Explains that he planned to keep them for the foreseeable future. Marshall is seeking an explanation from the custodian now.

Read more
31 Jan 2023 16:46

Morses Club receives extension for facility until end of March

(Alliance News) - Morses Club PLC on Tuesday said it received an extension of its facility.

Read more
31 Jan 2023 12:08

LONDON MARKET MIDDAY: Tesco cuts jobs; AG Barr raises profit guidance

(Alliance News) - Stock prices in London were lower at midday on Tuesday, as investors await three key interest rate decisions in the next two days, whilst also digesting a warning about the UK economy.

Read more
31 Jan 2023 10:41

AIM WINNERS & LOSERS: Morses surges; XLMedia performs in line

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

Read more
31 Jan 2023 09:03

LONDON MARKET OPEN: Stocks down as IMF cuts UK GDP forecast

(Alliance News) - Stock prices in London opened lower on Tuesday, after the International Monetary Fund said the UK economy is set to underperform peers and before three significant interest rate decisions this week.

Read more
13 Jan 2023 12:18

LONDON MARKET MIDDAY: FTSE 100 has record in sight; US earnings begin

(Alliance News) - London's FTSE 100 index reached its best level since May 2018 on Friday, and even edged close to a record high, as European markets continued to climb after a report on Thursday showed slower US inflation.

Read more
13 Jan 2023 10:59

AIM WINNERS & LOSERS: Morses Club jumps as delisting put in doubt

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

Read more
12 Jan 2023 14:32

Morses Club proposes to delist to go private; has shareholder support

(Alliance News) - Morses Club PLC on Thursday announced it is set to wave goodbye to London's junior AIM market.

Read more
12 Jan 2023 08:49

LONDON MARKET OPEN: More UK retail cheer as markets rise before US CPI

(Alliance News) - London's FTSE 100 opened strongly on Thursday, supported by the view that the afternoon's US inflation reading will show another deceleration and prompt the Federal Reserve to dial back its aggressive monetary policy.

Read more
15 Dec 2022 21:39

TRADING UPDATES: Serinus completes rig-up; Xtract concludes JV deal

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

Read more
13 Dec 2022 12:43

AIM WINNERS & LOSERS: Invinity Energy jumps on battery systems order

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

Read more
13 Dec 2022 10:58

Morses Club announces new scheme of arrangement, equity issue

(Sharecast News) - Morses Club was under the cosh as the subprime lender said it had created a new subsidiary to allow it to enter a scheme of arrangement to deal with customer redress claims for unaffordable lending, but that insolvency was likely if the scheme fails to go ahead.

Read more
24 Nov 2022 11:39

Morses Club swings to loss; revenue drops following rise in complaints

(Alliance News) - Morses Club PLC on Wednesday said it swung to a loss in the first half of its financial year, following an increase in complaints in the period.

Read more
15 Nov 2022 13:44

Morses Club says funders won't provide peak advance

(Sharecast News) - Morses Club updated the market on its funding provision on Tuesday, as its funders chose not to provide a peak advance.

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.