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Small caps round-up: Monitise, YouGov, 1pm ...

Thu, 09th Feb 2012 11:07

Monitise has announced a collaboration with Visa, in which Visa DPS will use Monitse's mobile services. The services allow financial institutions to offer their account holders the ability to monitor account history and balances, transfer funds between accounts, and receive near real time transaction alerts on their mobile devices. No details were given as to the value of the agreement. Monitise shares fell 0.72% to 34.25p YouGov, the international online market research agency, has said trading across the group during the six months to January 31st 2012 has been in line with its expectations and the board is confident of the full year outcome. Double digit organic revenue growth has been achieved in the six months. Shares rose 5.88% to 58.50p.If you are wondering why the share price of AIM-listed tiddler Arcontech Group surged on Thursday morning, so are the directors of the company which provides products and services for real-time financial market data processing and trading. Shares virtually doubled to 0.19p in the morning session before ebbing a little to 0.14p after the company said it knew of no reason for the share price rise.1pm, the provider of asset finance facilities to small and medium sized businesses, has been doing a spot of financing itself, and has increased its funding lines by £0.7m throigh two separate loans. The loans are exclsuively for the purposes of wriing new leases. The company added that levels of new business enquiries remain encouraging and have been boosted by the company's new lending initiative in Northern Ireland.Croma Group, the AIM-listed security services provider, has announced that its wholly owned subsidiary, Vigilant Security has won a five-year contract worth £1.15m per annum to secure the premises of a major listed London property group. "Once again our success highlights that the security service offered by our ex-military security professionals is recognised by the market as potent and attractive," the firm said. Shares climbed 28.99% to 2.23p. Regency Mines has placed 19.1m shares at 2.1p each to raise £0.4m before expenses. The funds generated will be applied towards exploration expenditures in Papua New Guinea and Australia, as well as for general working capital requirements, the firm said. Shares fell 8.4% to 2.35p. Oil and gas explorer Tower Resources' subsidiary Northland Capital Partners has placed over 180m new ordinary shares at 3p each raising £5.41m before expenses. The firm has also issued 15.8m new ordinary shares to YA Global Master, an investment fund, at 3.8p each, raising £0.6m. The funds will be put towards redeeming the principal and accrued interest of the loan provided by YA Global Masters to commence the Mvule-1 well, to complete the drilling of the well, and to general working capital requirements over the balance of 2012. Shares fell 10.06% to 3.58p. Tanfield Group, a manufacturer of aerial work platforms, has said the trading for the second half of 2011 was similar to that of the first half and that the company's order book continued to grow as order intake significantly outstripped monthly shipment revenues. Equipment lead times extended as the growth rate was managed to ensure the company optimised the use of its working capital. Net cash at December 31st was £3.4m (December 2010: £3.6m). Shares gained 0.55% to 45.75p. Pilat Media Global, the supplier of business management software to the media industry, announced that a prominent global media and entertainment company has gone live with its MediaPro airtime sales solution. The firm will eventually use MediaPro in nine regions across Europe. "This adoption of MediaPro by this high profile media and entertainment company is just the latest example of how the solution is rapidly becoming the standard for economical and efficient airtime ad sales management," Pilat said. Shares soared 22% to 30.5p.Fusion IP, which commercialises university research, announced that Asalus Medical Instruments has raised £0.7m in its funding round, following a successful pre-clinical study of its lead product, known as Innervision. The funds will be used to commence Innervision's 'first-in-man' clinical study and begin the process of scaling up the technology, prior to its expected launch in 2013. Shares rose 10.43% to 63.50p. Aviation group Air Partner has unveiled Richard Everitt, the firm's current Senior Independent Director, as the successor of Aubrey Adams, Non-Executive Chairman of the company, with immediate effect. The firm said its was "delighted" that Everitt agreed to take over the role. Shares fell 3.5% to 275p.NR/JH
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9 Apr 2014 10:45

UK WINNERS & LOSERS: Evraz Leads FTSE 250; Ex-Dividends Weigh In

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Kingfisher, up 2.1%. UBS has upgraded Kingfisher to Buy from Neutral and i

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9 Apr 2014 07:29

1PM Gets New Funding Facilities As 2014 Gets Off To Strong Start

LONDON (Alliance News) - 1PM PLC Wednesday said it has negotiated GBP2.5 million of additional block discounting facilities which it will use to write new business, as it reported strong trading in the first three months of 2014. In a statement, the provider of financing facilities to small

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21 Jan 2014 09:22

1pm Profits Rise By 84% As New Non-Executive Chairman Appointed

LONDON (Alliance News) - 1pm PLC Tuesday said pretax profit rose by 84% in its first-half after it wrote GBP5.0 million of new business in the first six months of the year, boosted by strong October trading. Separately, 1pm said it has appointed Ian Smith, the current finance chief of biote

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21 Jan 2014 08:19

UK MORNING BRIEFING: Shares Higher; Unilever, SABMiller As Expected

LONDON (Alliance News) - UK shares have opened higher Tuesday, as Unilever and SABMiller have released results and trading statements in line with expectations.

Peel Hunt has issued ratings on the property sector, cutting Great Portland Est

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11 Dec 2013 09:58

STOCKS NEWS EUROPE-UK small cap equity indexes trade flat

The FTSE Small Cap and junior-listed AIM All Share equity indexes are flat in early morning trading, slightly underperforming 0.1 percent gains on the blue-chip FTSE 100 index and on the FTSE 250 mid-cap index . Asset finance and equipment leasing company 1PM surges 15.8 percent after stati

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11 Dec 2013 08:35

Wednesday broker round-up UPDATE

Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44

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10 Oct 2013 08:07

1PM Makes Timely First Loan Under Planned Expansion Into SME Loans Market

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12 Sep 2013 16:31

Directors at Thorntons top up as profits return

The Chairman of chocolatier Thorntons has boosted his stake in the company with the addition of 125,000 shares in a purchase made the same day the group revealed the restoration of its profits. Paul Wilkinson, who has held his current position since February of this year, bought the shares for 89p

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21 Jan 2013 12:39

1pm posts 24 per cent rise in half year revenue

1pm, the specialist provider of asset finance facilities to the SME sector, posted a 24 per cent increase in revenue for the half year ended November 30th, indicating profits will be significantly ahead of current expectations. This marked a rise to £1.42m from £1.15m in the same period the previ

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17 Sep 2012 08:45

1pm party time as new business levels grow

The specialist provider of asset finance facilities to the SME sector, 1pm, says trading has been good between June and August as new business has filtered through to revenues. Operating profits for the first quarter were £171k versus £109k in the prior year while the lease portfolio gained 9% to

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11 Jun 2012 12:49

Small cap round-up: Intandem Films, 1pm, Hardide, Asterand

International film group Intandem Films has become one of only 10 companies in the world to secure financing via the California Film Commission (CFC) Tax Credit Lottery. The lottery is the name given to the annual selection of films and TV shows eligible to receive a tranche of the $100m allotted

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5 Mar 2012 15:45

Spectris director trims stake

Roger Stephens, Head of Commercial and Company Secretary of Spectris, the FTSE 250 high-flying instrumentation and controls group, has sold a stack of shares in the firm less than a month after the firm unveiled better-than-expected profits before tax and hike in the dividend. Stephens, who joined

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22 Feb 2012 15:39

Thorntons Chairman buys 400,000 shares

John von Spreckelsen, Chairman of chocolate retailer Thorntons, has bought up 400,000 shares in the firm, one week after it reported that its pre-tax profit more than halved after heavy discounting. Spreckelsen, who last year announced his intention to quit the firm before the end of September, bu

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7 Oct 2011 08:33

1pm confident porfolio will grow

1pm, a provider of lease asset finance to the SME sector, updated the market on its progress in a presentation at its annual general meeting. Managing director Maria Hampton, who gave the presentation, said: "It has been a pleasing start to the trading year. In the quarter to 31 August 2011 the bu

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