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Small caps round-up: Argos, Coal of Africa, Galleon...

Mon, 13th Sep 2010 14:40

Losses widened at Argos Resources in the half year to June 30 as the Falklands Islands-focused oil and gas group ramped up its activities in the area.The company, which joined AIM in July, saw losses widen to $247,546 during the period from $77,567 the previous year.The license Argos is exploring adjoins those of Rockhopper Exploration and Desire Petroleum, who other London-listed companies seeking oil in the region.Shares in Coal of Africa jumped after an agreement on a swap with mining giant Rio Tinto was approved by the South African government. The swap extends Coal of Africa's Makhado project.Shares in Galleon moved ahead after the entertainment media company said it is to launch a reality TV show that aims to find a top female golfer, with former ladies world number one Lorena Ochoa as an 'endorsement partner.'Losses widened at Individual Restaurant Company, owner of the Piccolino and Restaurant Bar & Grill chains, in the half year to July 4 with the football World Cup among the factors keeping diners away.Pre-tax losses widened to £2.7m from £620,000 in a comparable six month period the previous year, as revenues fell to £24.6m from £25.1m.Elsewhere in restaurant chains, Richoux, which operates Richoux, Zippers and Frankie's Easy Diner, moved into profit in the 28 weeks to July 11. Pre-tax profits totalled £441,000, against a £1m loss over the same period the previous year, even as revenues were broadly flat at about £2.7m.Audiovisual technology group Mirada has revealed that the unnamed European telecommunications company it signed a research and development contract with in March is Ericsson. The shares soared after the announcement.It will work with Ericsson on the delivery of TV services such as on-demand video. The deal will 'significantly increase mirada's turnover during the next five years through licensing, support and integration fees,' the company said.
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8 Feb 2019 16:18

Richoux Non-Executive Chair Resigns Ahead Of AIM Delisting

LONDON (Alliance News) - Richoux Group PLC on Friday said Non-Executive Chair Simon Morgan has resigned with immediate effect.In January, restaurant owner Richoux announced its intention to

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18 Jan 2019 08:41

Richoux Group To Leave AIM Market On Lack Of Financing, Liquidity (ALLISS)

LONDON (Alliance News) - Restaurant owner Richoux Group PLC is to ask shareholders to vote on a move to leave London's AIM market, the company said Friday.Richoux owns the Richoux, and

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18 Jan 2019 08:11

Richoux looking to go private as it seeks more funding

(Sharecast News) - Restaurant owner Richoux said on Friday that it was looking to cancel its listing on AIM and go private as it seeks additional funding.

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19 Nov 2018 12:58

Richoux To Sell Lease To Its Picadilly Restaurant For GBP500,000

LONDON (Alliance News) - Richoux Group PLC on Monday agreed to sell the lease to its Richoux Picadilly restaurant for GBP500,000 in cash.The company expects the transaction to complete 21 a

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19 Nov 2018 10:38

Richoux to sell Piccadilly lease for £500k

(Sharecast News) - AIM-listed restaurant owner Richoux said on Monday that it has agreed to sell the lease to Richoux Piccadilly for £500,000 in cash, which will be used for working capital.

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28 Sep 2018 12:16

Richoux Loss Narrows On Costs Fall Despite Revenue Dropping Sharply

LONDON (Alliance News) - Restaurant operator Richoux PLC said Friday its interim loss narrowed despite a revenue decline as new store costs fell whilst industry-wide trading conditions remained 1,

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29 Aug 2018 16:43

UPDATE: Richoux Completes Share Subscription And Raises GBP1.1 Million (ALLISS)

LONDON (Alliance News) - Richoux Group PLC said Wednesday is has raised GBP1.1 million through an 18.2 million share subscription at a price of 6.0 pence per share.The restaurant operator a

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29 Aug 2018 11:41

Richoux Aims For GBP2.5 Million From Share Issue, Property Sale (ALLISS)

LONDON (Alliance News) - Restaurant operator Richoux Group PLC said Wednesday it expects interim revenue to be in line with the year prior but for losses to be reduced amid tough - which owns 18 -

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29 Aug 2018 10:59

Richoux sees H1 revenues in line with last year; in talks over sale of London restaurant

(Sharecast News) - Restaurant owner Richoux Group said on Wednesday that it expects revenues for the first half to be in line with the previous year as it continues to see pressure on trading.

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29 May 2018 10:35

WINNERS & LOSERS SUMMARY: Dixons Carphone Sinks As It Warns On Profit

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Tuesday.----------FTSE 100 - WINNERS----------Smiths up The

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29 May 2018 09:27

Richoux 2017 Revenue Down But Loss Narrows As Restaurants Closed

LONDON (Alliance News) - Richoux Group PLC on Tuesday said its revenue dropped 17% in 2017, but loss narrowed following the restaurant closures.The operator of the Richoux, Friendly and as

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22 Dec 2016 08:22

Richoux Group raises £1.7m in equity

(ShareCast News) - AIM-listed restaurant company Richoux Group has raised £1.69m in equity for general working capital. The company, whose brands includes Villagio Ristorante, Dean's Diner and Zippers, raised the funds through a subscription of 6.77m shares of 4p each, which were sold at 25p per sha

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9 Sep 2016 10:07

Richoux swings to loss on living wage, increased competition

(ShareCast News) - Richoux swung to a loss in the 28 weeks to 10 July as the company was hit by increased competition and the new minimum wage. The restaurant operator reported a pre-tax loss of £579,000 compared to a profit of £320,000 in 2015. Adjusted earnings before interest, tax, depreciation a

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15 Jun 2016 15:13

UK Shareholder Meetings Calendar - Next 7 Days

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12 Apr 2016 08:03

Richoux Group Annual Profit Down But Revenue Up As Portfolio Expands

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