GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPicton Prop Share News (PCTN)

Share Price Information for Picton Prop (PCTN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 66.50
Bid: 66.50
Ask: 66.90
Change: -0.90 (-1.34%)
Spread: 0.40 (0.602%)
Open: 67.50
High: 67.50
Low: 65.70
Prev. Close: 67.40
PCTN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Gulf Marine surges on solid performance

Fri, 01st Oct 2021 11:07

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

----------

SMALL-CAP - WINNERS

----------

Gulf Marine Services PLC, up 14% at 4.20 pence, 12-month range 2.90p-11.35p. The self-propelled, self-elevating support vessels provider says it expects first-half revenue to be up 3% to USD51.4 million from USD49.8 million last year. Gulf Marine forecasts a return to profitability for the first time since 2016. Looking ahead, says it has a strong pipeline of long-term contracts currently being tendered. "This solid performance in the first half, combined with higher rates of utilisation already secured to date, give us confidence for the remainder of the year," says Chair Mansour Al Alami. "This, combined with our continued focus on operational efficiency, on costs and the benefits of the new debt deal and equity raise, is expected to drive an improved performance in the second half and beyond and support the accelerated deleveraging of the company's balance sheet."

----------

Capital Ltd, up 4.1% at 82.25 pence, 12-month range 56.50p-87.00. The mining services company says returns have been significant, relative to the size of its portfolio, in the third quarter of 2021. Attributes its high returns to the positive performance of two key portfolio holdings Predictive Discovery and Firefinch Ltd. Says these holdings have driven an increase in the total investments value of around USD23.2 million. The company's portfolio totals USD54.2 million on Thursday, up from USD31.0 million on June 30.

----------

SMALL-CAP - LOSERS

----------

Picton Property Income Ltd, down 0.4% at 94.62p, 12-month range 59.00p-99.00p. The commercial property investor says it has bought Madleaze Trading Estate for GBP13.1 million. Says it has funded the acquisition using its revolving credit facility and the proforma loan-to-value will increase to 22% post acquisition.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
5 Jul 2016 16:28

UPDATE 3-Three UK property funds halt trade in first sign of post-Brexit seize-up

* REITs, housebuilders, asset managers, insurers all hit * Follows decision by three funds to stop investors leaving * BoE flags concerns; investors fear crisis re-run (Adds more detail on fund performance, bank holdings, background, updates shares) By Simon Jessop, Vikram Sub

Read more
5 Jul 2016 08:06

BUZZ-UK property companies fall on more signs of post-Brexit stress

** UK property companies and housebuilders fall after an asset write-down and suspension of a leading property fund cause concern ** Standard Life Investments has suspended trading in its unlisted UK real estate fund (one the country's largest) after previously writing down its value by 5 p

Read more
28 Jun 2016 09:48

Picton Property Outperforms Benchmark But Notes Caution After Brexit

Read more
22 Jun 2016 06:41

Picton Property Income Secures GBP27 Million Credit Facility

Read more
21 Jun 2016 15:02

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
23 Feb 2016 08:44

Picton Property Income Pays GBP17.6 Million For Manchester Office

Read more
25 Jan 2016 16:03

Earnings, Trading Statements Calendar - Week Ahead

Read more
20 Jan 2016 16:13

Earnings, Trading Statements Calendar - Week Ahead

Read more
23 Nov 2015 16:14

Dividends Calendar - Week Ahead

Read more
18 Nov 2015 09:37

Picton Property Income Sells Retail Unit Leased To L'Oreal

Read more
11 Nov 2015 16:30

Earnings, Trading Statements Calendar - Week Ahead

Read more
5 Nov 2015 16:19

AGM, EGM Calendar - Week Ahead

Read more
1 Sep 2015 07:51

Picton Property Income Buys Glasgow Office For GBP14.3 Million

Read more
28 Aug 2015 05:32

Dividends Calendar - Week Ahead

Read more
27 Aug 2015 15:28

Dividends Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.