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Small caps round-up: Abbeycrest, Synchronica, Futura...

Mon, 20th Jul 2009 08:35

Jewellery maker Abbeycrest said it is performing in line with expectations as it undergoes a turnaround plan.The unbranded jewellery business is delivering much improved results on a significantly reduced turnover, the firm said. The brands division is making good progress with its higher margin brands, supplying jewellers such as Ernest Jones.AbbeyCrest continues to reduce its net debt, it added.Synchronica, a provider of technology to send emails from mobile phones, said it expects a six-fold increase in revenues for the six months to June 30 after securing contracts in fast-growing emerging markets such as India, Eastern Europe and Latin America. The firm said it was confident that its technology will remain popular even in tough economic conditions as email becomes more popular, not just for expensive devices.Futura Medical, the pharmaceutical firm, has signed an evaluation agreement with a major pharmaceutical firm in connection with the development and commcialisation of TPR100, a topically applied product for pain relief. Futura will receive an upfront £50,000 payment from firm, which intends to carry out further in vitro studies on TPR100 during the evaluation period.DDD, a supplier of 3-D software for hi-tech TVs, rallied on news that it's Dynamic Depth Cueing (DDC) 3D encoding and transmission patent has been granted in the United States.The group said the new US patent extends DDD's coverage of technologies that allow the conversion of existing 2D content libraries to 3D and their delivery in a format that remains compatible with today's 2D digital delivery formats. IT networking specialist Network Technology has had its fifth profitable year in a row, making £45,000 before tax in the 12 months ended 31 March 2009.That was down from £105,000 in 2008. Turnover also fell, slipping to £2.1m from £2.2m due to another fall in sales of legacy products.Ukrainian oilseed rape and wheat producer Landkom has started the harvest of oil seed rape, its main crop. It's expected to take around four weeks, weather permitting, while the wheat harvest will start soon and continue to the start of September.Scientific instruments group Judges Capital confirms that a record sales order book and currency movements should result in an encouraging improvement in first half adjusted earnings per share.The firm, which is "cautiously optimistic" about the second half, said the results were helped by a maiden three-week contribution from the newly acquired Quorum Technologies Ltd. Brake maker Surface Transforms has placed 4.52m shares at 10p to raise £0.45m. The net proceeds will provide the company with working capital for future growth and strengthen its balance sheet. The placing shares will represent approximately 19.18% of the enlarged share capital. Shares in Emulsion fuel producer Quadrise Fuels International rose after it said it anticipated producing revenues in the current financial year. Coated paper supplier Sappi said market conditions remained weak in all its major markets, with prices under pressure.However, the firm did say it was seeing inventory reductions among its customers easing.Gulf Keystone Petroleum's subsidiary Gulf Keystone Petroleum International has been awarded interests in two production sharing contracts for the exploration, development and production of oil and gas in Kurdistan.Medical monitors company Deltex Medical expects sales for the six months ended 30 June to be about £2.6m which is 5% higher than in the first half of 2008. "Deltex Medical has maintained its momentum in all key markets while continuing to position itself for sustainable growth over a prolonged period," said chairman Nigel Keen.
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22 Sep 2022 07:38

IN BRIEF: Quadrise Fuels signs deal with lignin biofuel supplier

Quadrise Fuels International PLC - London-based residual oil technology licensor - Enters a joint development agreement with lignin biofuel specialists Vertoro BV to progress the use of Vertoro's CSO, an advanced crude sugar oil, as a potential cost-effective supplement or alternative to glycerine in Quadrise's bioMSAR fuel. bioMSAR is an oil-in-water emulsified synthetic biofuel, with lower emissions than conventional fuels.

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27 Jul 2022 12:03

IN BRIEF: Quadrise Fuels shares rise on new framework agreement

Quadrise Fuels International PLC - London-based residual oil technology licensor - Signs framework agreement with MSC Shipmanagement Ltd, a wholly-owned subsidiary of MSC Mediterranean Shipping Company SA. Under the deal with the Cypriot firm, Quadrise will carry out tests using its technology aiming to reduce MSC's energy consumption on its fleet and therefore its energy costs. Further, the firms aim to negotiate a collaborative commercial agreement for Quadrise to supply its technology to MSC.

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27 Jul 2022 11:51

AIM WINNERS & LOSERS: Parsley Box sinks after profit warning

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

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13 Jun 2022 19:22

IN BRIEF: Quadrise Fuels inks new deal with Moroccan client

Quadrise Fuels International PLC - London-based residual oil technology licensor - Signs new material transfer and cooperation agreement with an unnamed client in Morocco, superseding the original agreement signed on November 2019.

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9 May 2022 11:27

Quadrise projects on track after board review

(Sharecast News) - Lower-carbon fuel technology company Quadrise said it was on track to achieve its commercialisation targets in an update on Monday, after a board review and "positive engagement" with counterparties over the last month.

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9 May 2022 10:56

IN BRIEF: Quadrise Fuels on-track to achieve commercialisation targets

Quadrise Fuels International PLC - London-based residual oil technology licensor - Says on track to achieve commercialisation targets following "positive engagement with counterparties during the past month". "During the past month, the board and management have conducted an extensive review of the company's projects, operations and business development activities with key clients," Chief Executive Officer Jason Miles says. "This exercise was undertaken to ensure that our manpower and cash resources continue to be optimally deployed to achieve the company's revenue and shareholder value creation targets." Notes that talks are taking place with several candidate sites in Panama and Honduras for power plant trials later this year using its MSAR and bioMSAR lower-carbon fuel oil alternatives.

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11 Apr 2022 14:03

IN BRIEF: Quadrise Fuels shares rise on new deal with Valkor

Quadrise Fuels International PLC - London-based residual oil technology licensor - Says it is executing a commercial development agreement with Utah-based Valkor Technologies LLC. Plans to commercialise its MSAR and bioMSAR emulsion technology and biofuel at Valkor's projects in Utah. Does not disclose the value of the agreement.

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11 Apr 2022 10:57

AIM WINNERS & LOSERS: Mothercare misses payment; Argos licence renewed

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

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28 Mar 2022 13:42

IN BRIEF: Quadrise Fuels narrows loss; eyes revenue in second half

Quadrise Fuels International PLC - London-based residual oil technology licensor- Narrows loss in the six months ended December 31 to GBP1.5 million from GBP2.3 million. First half revenue surges to GBP75,000 from GBP8,000.

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28 Mar 2022 12:03

Quadrise Fuels inches closer to revenue generation

(Sharecast News) - Quadrise Fuels International reported £5.6m in cash reserves at the end of its first half on Monday, up from £1.1m a year earlier.

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1 Feb 2022 22:07

TRADING UPDATES: BP signs biofuel deal; Elixirr expects revenue beat

TRADING UPDATES: BP signs biofuel deal; Elixirr expects revenue beat

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31 Jan 2022 22:06

TRADING UPDATES: Hiro plans acquisition vehicle IPO; Aquila reviews

TRADING UPDATES: Hiro plans acquisition vehicle IPO; Aquila reviews

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4 Jan 2022 12:01

Quadrise names former BP fuels and chemicals expert as COO

Quadrise names former BP fuels and chemicals expert as COO

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4 Jan 2022 08:05

Quadrise Fuels appoints Philip Hill as COO

(Sharecast News) - AIM-listed Quadrise Fuels said on Tuesday that it has appointed Philip Hill as chief operating officer.

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26 Nov 2021 11:45

Quadrise hails "progress on all fronts" as focus turns to upping sales

Quadrise hails "progress on all fronts" as focus turns to upping sales

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