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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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28 Nov 2016 11:39

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30 Aug 2016 15:16

Minco moves into the red in H1

(ShareCast News) - UK, Ireland and Canada zinc and lead explorer Minco said it made a first half loss of $0.51m compared with a profit of $79,000 for the same period ended June 30, 2015. The AIM-listed firm said the loss included a foreign exchange loss of $98,000 compared to a gain of $0.55m. Minc

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31 May 2016 09:47

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31 May 2016 07:55

Minco Swings To First-Quarter Loss On Foreign Exchange Loss

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7 Mar 2016 15:28

Claim against Minco dismissed by High Court

(ShareCast News) - Minco was finally rid of its legal headache on Monday, with the company confirming a claim brought against it in the High Court had been dismissed. The claim was originally brought against the company and two of its directors - Terence McKillen and Danesh Varma - in November 2011,

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7 Mar 2016 09:10

Minco Shares Rise After Court Dismisses Legal Case Against Company

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25 Jan 2016 12:23

Minco Publishes Drill Results From Work On Bobbys Pond, Daniels Pond

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2 Dec 2015 13:02

Minco Teams With Canadian Zinc On Research Project

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13 Nov 2015 10:21

Minco secures three new Irish prospecting licences

(ShareCast News) - Minco said it has been granted three new prospecting licences in Ireland by the Minister of Communications, Energy and Natural Resources. The AIM-listed minerals exploration and development company said the new licences, Pls 1228, 1229 and 3981, at Moate in County Westmeath are ce

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13 Nov 2015 08:14

Minco Granted Three New Irish Prospecting Licences

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2 Oct 2015 07:44

DIRECTOR DEALINGS: Minco Director Rowan Maule Sells 60% Of Shares

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27 Aug 2015 15:27

Minco Swings To Profit In First Half On Foreign Exchange Gains

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18 Jun 2015 12:47

Minco intercepts widespread mineralisation at Buchans project

Minco said on Thursday that it has intersected widespread ore mineralisation at its Buchans project in Canada following a 2,200 metre exploration drilling programme. The programme tested several mineralised stratigraphic horizons to depths of less than 300 metres, with all holes located immediately

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18 Jun 2015 10:49

Minco Finds Widespread Mineralisation After Drilling Buchans Project

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