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Share Price: 0.95
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WINNERS & LOSERS SUMMARY: Miners Up On Rising Commodity Prices

Fri, 21st Sep 2018 10:35

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.----------FTSE 100 - WINNERS----------Glencore, up 3.3%; Anglo American, up 2.8%; Rio Tinto, up 2.4%; Fresnillo, up 2.2%, BHP Billiton, up 2.2%. Miners rose on higher commodity prices and a lower US dollar.----------Barclays, up 1.4%. The bank reported it had fixed problems which saw customers struggling to log in to their accounts and get through on the phone for much of the day on Thursday. The bank said the problems, which started at around 1000 BST, had affected its website and telephone banking. Customers had been able to use the mobile phone app, although some mobile banking features had also been affected. Barclays, which has around 24 million customers, confirmed late on Thursday afternoon that the problems had been fixed.----------FTSE 100 - LOSERS----------Just Eat, down 8.2%. The online takeaway firm shares dropped following a report on Thursday by Bloomberg that Uber Technologies is in early acquisition talks for Roofoods Ltd, better known as Deliveroo. The acquisition offer was not disclosed, however Bloomberg said it would be "several billion dollars", and it would have to be considerably above Deliveroo's latest valuation, which was USD2.0 billion.----------Smiths Group, down 6.1%. The engineering group reported a decline in pretax profit for the year to the end of July to GBP435 million, from GBP601 million reported the year earlier, as revenue slipped by 2.0% to GBP3.21 billion from GBP3.28 billion. Revenue suffered from unfavourable currency translation rates, with underlying revenue, which excludes the effects of foreign exchange, acquisitions and supplemental sales for divested businesses, up 2% year-on-year.----------FTSE 250 - LOSERS----------SIG, down 4.7%. The building products company posted pretax profit of GBP19.9 million for the six months to the end of June, compared to a GBP15.8 million loss a year prior, due to the absence of a GBP50.2 million loss from the sale and closure of non-core businesses and other items related to the disposal of property in the first half of 2017. However, revenue slipped to GBP1.38 billion from GBP1.43 billion a year ago on difficult UK trading due to poor weather and political uncertainty.----------OTHER MAIN MARKET AND AIM - WINNERS----------Xeros Technology, up 40%. The water technology company said it had signed a ten-year contract with Le Farc SA de CV to use Xeros's patented polymer technology in leather production facilities in Leon, Mexico. Xeros said it expects leather produced by Le Farc, using its technology, to be incorporated in consumer products in March next year. Le Farc supplies brands such as Timberland and Wolverine. The contract follows extensive trials which demonstrated material reductions in process inputs and effluent production and radically improves the sustainability of production, whilst maintaining high-quality leather output. ----------Filtronic, up 14%. The antenna manufacturer said it won a multi-year supply agreement with an unnamed "major" European defence contractor. The contract, for the supply of microwave modules for aerospace radar systems, has an expected value between GBP3.0 million and GBP5.7 million, Filtronic said. The firm did not specify how long the multi-year contract would run. ----------Woodford Patient Capital Trust, up 7.7%. The investment trust reported that the value of its portfolio holding Industrial Heat has been upgraded by the firm's fund manager. Industrial Heat's value multiplied to USD112.9 million. "This represents an increase of 8.02p per share of Woodford Patient Capital Trust," the company said. On Thursday, Woodford had said its NAV per share at June 30 was 91.94p, up from 91.33p at the end of 2017. The 8.02p boost would raise that recent valuation 8.7% to 99.96p.----------OTHER MAIN MARKET AND AIM - LOSERS----------Tasty, down 17%. The restaurant owner reported a widened pretax loss to GBP11.6 million in the six months to July 1 compared to GBP9.3 million loss reported for the same period in 2017, as revenue slipped to GBP23.0 million from GBP24.4 million. During the period, the company said it recognised an impairment charge of GBP11.2 million and an onerous lease provision of GBP1.7 million. Performance in the first-half was affected by unfavourable weather conditions and the World Cup, the company said, leading to the restaurant closures. ----------Moss Bros, down 16%. The menswear retailer posted a pretax loss of GBP1.7 million for the first half compared to a GBP3.9 million profit in the comparative period a year ago, on the back of lower sales for the period, GBP1.2 million in store impairments, and GBP800,000 in reorganisation and employee-related costs. Total revenue for the six months dipped 3.3% to GBP64.5 million from GBP66.6 million in the prior year, while cost of sales increased slightly to GBP26.8 million from GBP26.1 million. Moss Bros warned that its annual operating profit will be "materially lower than current market expectations".----------Pathfinder Minerals, down 10%. The Mozambique-focused miner reported a pretax loss of GBP392,000 for the six months to the end of June compared to GBP275,000 a year prior. As the company did not generate any revenue, the loss was entirely due to administrative costs, which increased by 43% to GBP392,000, which included the costs of maintaining the company's stock market listing.----------
More News
24 Sep 2019 10:57

Tasty Keeps Control Of Costs As Sales Disappoint In Difficult Market

Tasty Keeps Control Of Costs As Sales Disappoint In Difficult Market

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30 Apr 2019 17:34

Tasty Shares Up As Raises GBP250,000 Through Open Offer (ALLISS)

LONDON (Alliance News) - Restaurant operator Tasty PLC said on Tuesday it has conditionally raised GBP250,000 via an open offer.Shares in Tasty closed down 3.0% at 4.8 pence on Tuesday, it

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12 Apr 2019 15:22

Tasty raising £3.25m to pay down debt

(Sharecast News) - Casual dining restaurant operator Tasty announced a conditional firm placing and open offer to raise up to £3.25m before expenses on Friday.

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12 Apr 2019 10:51

Tasty To Raise GBP3.3 Million To Pay Debts; Expects Challenging 2019 (ALLISS)

LONDON (Alliance News) - Tasty PLC said Friday it is hoping to GBP3.3 million via firm placing and open offer as the restaurant operator warns of a "challenging" 2019.Tasty - 57 -

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20 Mar 2019 11:40

Tasty swings to operating loss amid 'challenging' conditions

(Sharecast News) - Tasty saw its shares slump on Wednesday as the owner of the Wildwood and Dim T restaurant chains said it swung to a loss in the year to 30 December amid challenging conditions.

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20 Mar 2019 09:07

Tasty Annual Profit Takes Hit From Restaurant Closures And Brexit

LONDON (Alliance News) - Tasty PLC on Wednesday reported a widened loss in its most recently ended financial year, hurt by restaurant closures.The branded restaurant operator in the UK a of

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22 Nov 2018 17:50

Tasty Extends Barclays Loan Facility Repayment Date To March 2022

LONDON (Alliance News) - Dim t and Wildwood restaurant owner Tasty PLC said Thursday it has revised its GBP7.0 million loan facility with existing lender Barclays PLC.Shares in Tasty closed

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21 Sep 2018 10:05

Tasty Interim Profit Takes Hit From World Cup And Unfavourable Weather

LONDON (Alliance News) - Restaurant owner Tasty PLC on Friday said its profit declined in the first half of its recently ended financial year, affected by unfavourable weather conditions and the 1

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21 Sep 2018 09:12

Tasty's shares dive as restaurateur struggles in 'difficult' market conditions

(Sharecast News) - Tasty saw its shares plummet on Friday after posting an increased loss and warning investors that the restaurant industry remained "challenging".

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7 Nov 2016 14:39

Tasty raises £9m in placing to fund expansion

(ShareCast News) - Restaurant operator Tasty has conditionally raised £9m through a placing of 6.21m shares at 145p each. The placing, which represents around 11.6% of the current issued share capital, was oversubscribed and supported by new and existing institutional investors, as well as the board

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7 Jun 2016 10:55

Tasty Renews And Extends Debt Facility With Barclays Bank

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30 Mar 2016 09:08

Tasty Profit Up On Strong Sales As Total Restaurants Surpass 50

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30 Mar 2016 07:53

Tasty lifts profits 20% and eyes acceleration in 2016

(ShareCast News) - Tasty, operator of the chain of Wildwood and Dim T restaurant chains, served up an appetising set of final results, with both sales and profits up 20%. The AIM-listed company said current trading since the year end has been "broadly in line with expectations", which represents enc

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8 Sep 2015 07:59

Tasty Posts Profit Growth On Strong Sales As It Adds Restaurants

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