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Small caps round-up: Blinkx, Motive Television, Noventa

Fri, 18th Feb 2011 07:58

Video search engine specialist blinkx said its technology is slated to be available soon through the applications (apps) library of Boxee, the company that produces a box that finds shows and films on the internet and streams them to a television set.The blinkx app for Boxee gives users the ability to search across blinkx's index of more than 35 million hours of video on the web.Digital TV technology company Motive Television said Central European Media Enterprises is to extend its evaluation of Motive's "TV Anytime, Anywhere" technologies following a pilot test programme in Prague.Noventa, the supplier of tantalum concentrate to the consumer electronics industry, has completed the construction of its new interim comminution (crushing) circuit (ICC) ahead of schedule.Subject to testing and commissioning, the ICC should enable an increase in production of tantalum concentrate from its current annual rate of 50,000 lbs to a minimum of 200,000 lbs contained tantalum per annum by the middle of March 2011, bringing the company closer to cash flow break-even.Losses widened at fuel cell developer Ceramic Fuel Cells in the half year to December 31 as revenues fell on the back of reduced "one-off" sales. Pre-tax losses were $8.39m for the six months, slightly higher than the $8.34m deficit seen over the same period the previous year. Revenues fell to $927,000 from $1.47m.The company said that previous revenues, most of which was earned from utility partners in Germany, France and Britain, has been "one-off" in nature. In contrast, in the latest half year revenues were mostly from actual product sales.Profits for the full year are expected to be significantly ahead of market expectations at pipe and tubing specialist Tricorn . The company said trading in the second half of its financial year has remained strong, with demand from the Energy and Transport sectors especially vibrant.Trading in the second half remains challenging for Triad Group due to the uncertainty in macro economic conditions and the resulting impact on consumer spending. The company, which provides IT consultancy and solutions to private and public sector organisations, said cash management remains the board's top priority, and the company has taken significant cost reduction measures to align the cost base with anticipated levels of business.
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10 Jun 2010 12:56

Small caps round-up: African Diamond, Tricorn, Int'l Brand ...

Botswana focused African Diamonds says approval for the final AK6 feasibility studies is expected at the end of June and the mine remains on target to come on stream during the third quarter of 2011. The company is ramping up exploration on its 100% owned Botswana exploration licences, wit the focu

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10 Jun 2010 08:12

Tricorn Group FY Pretax Profit GBP0.2M On Revenue GBP15.0M

LONDON (Dow Jones)--Tricorn Group PLC (TCN.LN), a tube manipulation specialist, said Thursday that for the year ended March 31, it made a pretax profit of GBP0.2 million on revenue of GBP15.0 million. MAIN FACTS: -Revenue GBP15.0 million (2009: GBP22.2 million) -Pre-items operating profi

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8 Apr 2010 08:50

Small caps round-up: Strategic Thought, Tricorn, Oxford Instruments ...

Shares in provider Strategic Thought, which provides risk management software to large organisations such as the miner Rio Tinto and the London Underground, fell after it said results will fall short of expectations as a result of slippage in two major contracts. It expects revenues for the year to

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7 Oct 2009 09:10

Tricorn H1 revenue falls 40%

AIM listed tube manipulation specialist Tricorn said first half EBITDA has been in line with market expectations although revenue plunged 40%. "Market conditions have been extremely challenging through the first half and sales are expected to be around 40% down on the previous year. Despite this, t

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16 Jun 2009 07:50

Tricorn adjusted FY profit down 12%

Pipe solutions maker Tricorn said adjusted pre-tax profit for the year fell 12.7% after a sharp decline in trading conditions in the latter part of the year. Adjusted profit before tax fell to £1.2m in the year ended 31 March from £1.4m the year before. Sales revenue increased to £22.2m from £20.8m

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