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Latest Share Chat

Pin to quick picksEnteq Tech Share News (NTQ)

Share Price Information for Enteq Tech (NTQ)

London Stock Exchange
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Share Price: 9.00
Bid: 8.50
Ask: 9.50
Change: 0.00 (0.00%)
Spread: 1.00 (11.765%)
Open: 9.00
High: 9.00
Low: 9.00
Prev. Close: 9.00
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AIM WINNERS & LOSERS: Enteq jumps as interim revenue more than doubles

Wed, 16th Nov 2022 10:48

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

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AIM - WINNERS

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Enteq Technologies PLC, up 12% at 9.50 pence, 12-month range 7.20p - 16.00p. For the six months that ended September 30, the oil and gas drilling technology company posts a pretax loss of USD766,000, narrowed from USD1.2 million loss a year prior. Revenue more than doubles to USD4.9 million from USD2.3 million, even as cost of sales jump to USD3.5 million from USD1.5 million. Explains that Measurement While Drilling revenue was up "significantly" against the previous year thanks to activity in North America. International sales, however, were limited due to a lagging recovery and ongoing lockdowns in China.

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Ethernity Networks Ltd, up 11% at 10.45 pence, 12-month range 0.084p - 11.00p. Wins a follow-on order worth USD340,000 from an existing customer in the US. Says its data processing system-on-chip device has been selected to support the customer's second-generation fixed wireless access base station node. This follows Ethernity providing the customer with a field programmable gate array system-on-chip device for use in its first-generation product base station fixed wireless access nodes. Expects to complete the delivery of the new device by the end of the first half of 2023. The Israel-based network data processing technology provider expects more orders to follow.

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AIM - LOSERS

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Eagle Eye Solutions Group PLC, down 3.0% at 560.00 pence, 12-month range 384.00p - 675.00p. Conditionally agrees to buy Untie Nots, a French business providing retailers with AI-powered promotion and gamification software-as-a-service. Eagle Eye will pay an initial EUR15.0 million, with EUR9.1 million in cash and EUR5.9 million shares. To fund the cash element, Eagle Eye launches a share placing to raise GBP7.0 million, before expenses, at a price of 555.0 pence per share. Placing will be conducted through an accelerated bookbuild, the software-as-a-service technology firm says.

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By Heather Rydings; heatherrydings@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
16 Jun 2014 09:20

DIRECTOR DEALINGS: Enteq Upstream CEO Buys 200,000 Shares

LONDON (Alliance News) - Enteq Upstream PLC Monday said Chief Executive Officer Martin Perry bought 200,000 shares at a price of 37 pence per share Friday. Following this transaction, Perry holds 908,802 shares, which represents 1.54% of the share capital. Shares in the oil and gas ex

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13 Jun 2014 15:13

Enteq Upstream widens annual loss

Oil and gas drilling technology company Enteq Upstream widened its annual losses on the back of the acquisition of KMS. The group reported a loss before tax of $11.5m for the year to end of March 2014, up from a loss of $0.6m a year earlier, reflecting a $9.8m impairment charge of goodwill and inta

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13 Jun 2014 09:42

Enteq Upstream Pretax Loss Widens On Impairment Charge

LONDON (Alliance News) - Enteq Upstream PLC Friday said its pretax loss widened significantly during its full year as strong revenue figures were offset by a jump in administrative expenses, partly due to a major impairment charge. The oil and gas drilling technology company said its pretax

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16 Apr 2014 09:32

Enteq Upstream To Meet Full-Year Financial Expectations

LONDON (Alliance News) - Enteq Upstream PLC Wednesday said that it met financial expectations for the financial year just ended, with an increase in both earnings and revenue. The oilfield services technology and equipment supplier said it maintains a strong cash balance, and expects to rep

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16 Apr 2014 08:44

Wednesday broker round-up UPDATE

Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central

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21 Nov 2013 17:02

DIRECTOR DEALINGS: Enteq Upstream Non-Executive Buys Shares

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21 Nov 2013 11:04

Enteq Upstream Doubles Half-Year Revenue, Says Acquisition Integration Progressing Well

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21 Nov 2013 09:14

Thursday broker round-up UPDATE

Aggreko: Liberum Capital initiates with a target price of 1500p and a hold recommendation. Antofagasta: UBS reduces target price from 965p to 870p and downgrades from buy to neutral. APR Energy: Liberum Capital starts with a target price of 890p and a sell recommendation. Ashtead Group: Liberum C

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15 Oct 2013 10:34

Enteq Upstream Says Trading In Line With Expectations

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18 Sep 2013 16:17

Domino Printing Finance Director sells as company cautions on regional difficulties

The Group Finance Director of Domino Printing sold 72,763 pounds-worth of shares on Tuesday, the same day the company warned investors that market conditions continued to be 'difficult' in many regions. Andrew Herbert, who joined the company in 1986, disposed of a total of 11,160 shares at 652p a

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18 Sep 2013 10:45

DIRECTOR DEALINGS: Enteq Upstream Non-Exec Purchases 30K Shares

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16 Apr 2013 07:38

Enteq Upstream to beat full-year expectations

Enteq Upstream, the AIM-listed oil and gas technology and products firm, said that full-year results will be above market forecasts. The firm said that it had experienced some renewed order intake and shipments since its last update. Results for the year to March 31st, which also include partial

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15 Mar 2013 16:22

Carpetright Chairman sells 150,000 shares

Carpetright, the flooring retail specialist, has announced that Lord Harris of Peckham, the group's Chairman, has sold 150,000 shares in the company. The shares were sold at 650p each, for a total of £975,000 before tax. Following the transaction Harris owns around 12.4m shares, equal to 18.32%

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4 Feb 2013 16:21

Five Enteq Upstream directors invest in the firm

Five board members of Enteq Upstream topped up their stakes in the small-cap oil & gas services group on Monday. Chief Executive Officer Martin Perry and Chief Operations Officer Raymond Garcia both purchased 22,602 shares (equal to 0.04% of the ordinary share capital) at a price of 50p a pop, spen

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