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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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11 Jan 2019 11:11

Indonesia's Medco Energi Bids GBP343 Million For Ophir Energy

LONDON (Alliance News) - PT Medco Energi Internasional TBK on Friday confirmed a possible GBP343 million takeover bid for Ophir Energy PLC.PT Medco stressed its announcement does not mean a

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7 Jan 2019 08:09

Ophir Energy Fortuna Gas Licence Not Extended; Takeover Talks Continue

LONDON (Alliance News) - Ophir Energy PLC said Monday the Equatorial Guinea Ministry of Mines & Hydrocarbons notified the company its Block R licence will not be extended after its expiry at I

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2 Jan 2019 10:44

WINNERS & LOSERS SUMMARY: Ophir Energy Spikes 33% On Indonesian Offer

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - LOSERS----------Anglo as

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2 Jan 2019 09:58

EXTRA: After Negative 2018, Ophir Energy Shares Jump On Bid Approach

LONDON (Alliance News) - Shares in Ophir Energy PLC surged on Wednesday after confirming it has received a takeover offer from Indonesia's PT Medco Energi Internasional Tbk.Shares in at

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2 Jan 2019 08:55

LONDON MARKET OPEN: Miners Drag FTSE Lower Following Weak Chinese Data

LONDON (Alliance News) - Stocks in London started the first trading day of 2019 in the red, as disappointing Chinese manufacturing data weighed on the market's big miners.Ophir was

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2 Jan 2019 07:53

TOP NEWS: Ophir Energy Gets Takeover Bid From Indonesia's Medco Energi

LONDON (Alliance News) - Oil and gas company Ophir Energy PLC confirmed on Wednesday it has received a takeover offer from Jakarta-listed energy company PT Medco Energi Internasional said that it

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2 Jan 2019 07:41

LONDON MARKET PRE-OPEN: Lower Call; Ophir Energy Gets Takeover Offer

LONDON (Alliance News) - Stock prices in London are seen opening lower on Wednesday as markets reopen after the New Year's Day holiday, with Asian stocks having fallen overnight following a of

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12 Dec 2018 09:25

Ophir Energy Increases Debt Facility After South East Asia Asset Buys

LONDON (Alliance News) - Oil & gas firm Ophir Energy PLC said Wednesday it has increased and extended its debt facility after the acquisition of assets in south-east Asia.Ophir its by a

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7 Dec 2018 10:57

Ophir Energy Discovers Gas At Sampang Project In Indonesia

LONDON (Alliance News) - Ophir Energy PLC on Friday said an exploration well at its Sampang production sharing contract in Indonesia has discovered gas.Ophir is an upstream gas and oil and

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18 Sep 2018 17:36

DIRECTOR DEALINGS: Ophir Energy Non-Executive Director Acquires Stock

LONDON (Alliance News) - Ophir Energy PLC said Non-Executive Director David Davies purchased shares in the oil & gas exploration firm in a transaction on Tuesday.Davies bought 130,819 a

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14 Sep 2018 13:20

DIRECTOR DEALINGS: Ophir Energy Chairman Bill Schrader Buys Shares

LONDON (Alliance News) - Oil & gas company Ophir Energy PLC said Chairman Bill Schrader purchased 60,000 shares at a price of 51.7598 US cents per share on Thursday.Following this now a

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13 Sep 2018 15:31

Director dealings: Ophir's interim CEO ups stake

(Sharecast News) - Ophir Energy's interim chief executive Alan Booth purchased 100,000 ordinary shares in the firm on Thursday.

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13 Sep 2018 15:27

Ophir Energy will 'significantly downsize' its London operations

(Sharecast News) - Ophir Energy will "significantly downsize" its presence in London ahead of its transitioning into being an Asia-led firm.

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13 Sep 2018 10:27

Ophir Energy Interim Loss Widens On Impairment As It Moves HQ To Asia

LONDON (Alliance News) - Ophir Energy PLC said Thursday its search for a new chief executive officer is underway as the company embarks on a new strategic review to take advantage of the in its it

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12 Sep 2018 20:48

Thursday preview: BoE and ECB in focus

(Sharecast News) - All eyes will be on the Bank of England on Thursday, with recent better-than-expected readings on the gross domestic product and wages, alongside an apparently more optimistic tone around Brexit talks out of Brussels leading some observers to speculate that the next hike in Bank Rate might not wait until the end of 2019.

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