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FTSE 250 movers: Cineworld leads risers while Ophir tumbles

Thu, 13th Aug 2015 14:04

(ShareCast News) - London's FTSE 250 was up slightly by Thursday afternoon as the markets cooled after the People's Bank of China said it would stop fiddling with the yuan.The index was up by 0.65% at 17550.78 at 1407 BST.Leading the risers was Cineworld Group, which reported a revenue rise off strong film releases and ticket takings from its acquisition Cinema City. Shares in the movie chain jumped by 5.56%.Close behind, online gaming company PlayTech rose by 4.59% after a strong note from Morgan Stanley. With shareholders voting on 19 August on the proposed £460m acquisition of Plus500 and the $105m acquisition of Ava Trade, MS analysts estimate that completion of both transactions would enhance EPS by circa 40% in 2016, leaving the shares trading on circa 9 times EV/EBITDA and around 10 times 2016's expected EPS.Michael Page International also rose, after reporting improved business across all its regions to achieve double digit gross profit growth. The recruitment firm was up by 3.80% after issuing a special dividend of 16p per share on top of an interim dividend of 3.6p per share.Shares in Ophir Energy led the fallers after reporting first half losses and slashing its capital expenditure. Shares in the energy company fell by 3.71%.WH Smith also fell 3.01% as the company was one of many stocks going ex-dividend, meaning the shares investors could no longer qualify for its latest dividend pay-out. The retailer was also in the news as it has been affected by a "mini-revolution" of passengers refusing to show boarding passes after being accused of using the information to claim back VAT and rarely passing on the savings.FTSE 250 - RisersCineworld Group (CINE) 579.00p +5.56%Playtech (PTEC) 911.00p +4.59%Just Eat (JE.) 410.80p +4.13%Rightmove (RMV) 3,763.00p +3.95%Ashmore Group (ASHM) 262.90p +3.83%Michael Page International (MPI) 547.00p +3.80%Fidessa Group (FDSA) 1,986.00p +3.65%Zoopla Property Group (WI) (ZPLA) 275.90p +3.64%Thomas Cook Group (TCG) 116.40p +3.56%Smith (DS) (SMDS) 414.90p +2.77%FTSE 250 - FallersOphir Energy (OPHR) 109.10p -3.71%WH Smith (SMWH) 1,515.00p -3.01%Euromoney Institutional Investor (ERM) 1,051.00p -2.95%Greene King (GNK) 842.00p -2.83%Lonmin (LMI) 39.61p -2.68%Premier Oil (PMO) 113.80p -2.48%Telecom Plus (TEP) 1,096.00p -2.14%Berkeley Group Holdings (The) (BKG) 3,407.00p -1.98%Card Factory (CARD) 351.10p -1.65%Tullow Oil (TLW) 217.80p -1.63%
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15 Feb 2019 14:24

Goldman Sachs Holds 6% Ophir Energy Stake After Deal (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC said Friday that Goldman Sachs Group Inc holds 6.26% stake in the oil and gas exploration firm after a transaction on Tuesday.Goldman Sachs's

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11 Feb 2019 13:38

Monday broker round-up

(Sharecast News) - Metro Bank: Berenberg upgrades to hold with a target price of 1,200p.

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8 Feb 2019 14:29

Sand Grove Capital Management Lifts Holding In Ophir Energy To 11% (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC on Friday said Sand Grove Capital Management LLP increased its stake in the oil and gas exploration and production company.In a transaction on Sand

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1 Feb 2019 15:50

Sand Grove Capital Management Builds 6.4% Ophir Energy Stake (ALLISS)

LONDON (Alliance News) - Ophir Energy PLC said Friday Sand Grove Capital Management Ltd had built a 6.4% stake in the oil & gas firm in a transaction on Wednesday.Sand Grove held 45.5 a

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30 Jan 2019 11:57

LONDON MARKET MIDDAY: Lower Pound Propels FTSE; US Fed Decision Due

LONDON (Alliance News) - The FTSE 100 was racing ahead of European peers on Wednesday as the pound continued to trundle following last night's parliamentary Brexit vote. In the US, stocks are

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30 Jan 2019 10:28

Ophir Energy agrees to Medco takeover

(Sharecast News) - Exploration and production group Ophir Energy has agreed to be taken over by Indonesia's Medco in a deal that values the company at around £390.6m.

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30 Jan 2019 08:38

Ophir Energy Reaches Takeover Agreement With Indonesia's PT Medco

LONDON (Alliance News) - Ophir Energy PLC and PT Medco Energy Internasional Tbk have reached an agreement over a takeover, the latter said on Wednesday.Indonesian firm PT Medco will be 55 a

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28 Jan 2019 15:46

Ophir Energy extends deadline for Medco takeover offer

(Sharecast News) - Ophir Energy has extended the deadline for Indonesian oil and gas producer Medco Energi Internasional to make a firm takeover offer or walk away from a deal, the company reported on Monday.

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28 Jan 2019 10:47

Deadline Extended For PT Medco To Make Firm Offer For Ophir Energy

LONDON (Alliance News) - Ophir Energy PLC said on Monday the deadline for PT Medco Energi Internasional Tbk to firm its takeover intentions has been extended.PT Medco, an Indonesia oil and

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15 Jan 2019 14:23

Ophir Energy capex comes in below forecasts

(Sharecast News) - Ophir Energy updated the market on its trading and operations for the 12 months ended 31 December on Tuesday, reporting estimated capital expenditure including pre-licence expenditures of $122m, which was below its previous guidance of $145m.

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15 Jan 2019 09:30

Ophir Energy Sees 8% Rise In 2018 Production, 2019 Output To Be Lower

LONDON (Alliance News) - Ophir Energy PLC said Tuesday that it expects a substantial increase in average production for 2018 due to the integration of South East Asian assets acquired from firm is

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14 Jan 2019 11:09

EXTRA: Ophir Energy Rebuffs Proposal From Indonesian Rival PT Medco

LONDON (Alliance News) - Ophir Energy PLC has rejected a possible offer from Indonesia's PT Medco Energi Internasional Tbk, the company said Monday, at a price below what was proposed in is at

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14 Jan 2019 10:31

Ophir board rejects proposed Medco offer

(Sharecast News) - Ophir Energy has rejected a possible takeover offer by PT Medco Energi Global as the board feels it undervalues the company's shares.

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14 Jan 2019 08:07

TOP NEWS: Ophir Energy Rejects Medco Energi's GBP343 Million Offer

LONDON (Alliance News) - Ophir Energy PLC said Monday its board unanimously rejected a takeover offer from Jakarta-listed energy company PT Medco Energi Internasional Tbk, which values the company

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11 Jan 2019 14:04

UPDATE: PT Medco's Latest Proposal Lower Than Two Previous - Ophir

LONDON (Alliance News) - PT Medco Energi Internasional Tbk's possible offer for Ophir Energy PLC is well below what it proposed in October, Ophir said Friday.Earlier Friday, PT Medco if

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