The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTomco Energy Share News (TOM)

Share Price Information for Tomco Energy (TOM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.0385
Bid: 0.037
Ask: 0.04
Change: 0.00 (0.00%)
Spread: 0.003 (8.108%)
Open: 0.0385
High: 0.0385
Low: 0.0385
Prev. Close: 0.0385
TOM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: Marks & Spencer Clothing Boss Quits

Fri, 17th Jul 2015 10:03

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices Friday.

----------

FTSE 100 - WINNERS

----------

ARM Holdings, up 0.6%. Investec upgraded its recommendation to Buy from Hold. The broker said ARM has underperformed the market recently and is at a discount to its five-year valuation range, leaving its shares looking attractive as an entry point for investors.

Centrica, up 0.4%. HSBC upgraded its rating on the British Gas parent company, to Buy from Hold.

----------

FTSE 100 - LOSERS

----------

Marks & Spencer Group, down 1.2%. The retailer said John Dixon, its general merchandise division executive director, has left the company to pursue other career opportunities. Dixon will leave the retailer's board with immediate effect and will leave the company on a date to be agreed. Dixon said he is leaving to become the chief executive of another company, though he did not specify which. Steve Rowe will take on responsibility for the general merchandise business, with Andy Adcock to become director of food.

Anglo American, down 0.6%. The miner said it has completed the sale of its 50% stake in Lafarge Tarmac Holdings Ltd to Lafarge SA. The deal was originally struck in July 2014 for the FTSE 100-listed miner to sell its stake to Lafarge SA for no less than USD885 million in cash. Lafarge SA already owned the other 50% of the company.

Royal Mail, down 3.0%. UK media and communications regulator Ofcom outlined the scope of its review into the regulation of the postal service operator, including whether any price controls should be imposed on the company given the lessening of competition in the postal services market.

----------

FTSE 250 - WINNERS

----------

B&M European Value Retail, up 3.3%. The company said its sales revenue rose in the first quarter of its financial year, despite a slowdown in like-for-like sales growth year-on-year. The discount retailer said its total group sales revenue for the 13 weeks to June 27 was GBP456.6 million, up from GBP367 million in the comparable period a year earlier. Total group sales growth in the quarter was 24%, slowed from the 32% growth it posted a year earlier, while its like-for-like sales growth slowed to 1.1%, compared to 6%.

----------

FTSE 250 - LOSERS

----------

Restaurant Group, down 2.3%. Nomura downgrades the stock to Neutral from Buy. The bank said the introduction of the National Living Wage in the UK will hit the leisure industry, with Restaurant Group among the hardest hit.

----------

Ocado Group, down 1.7%. UBS cut its rating on the online grocer to Neutral from Buy. The bank said any upside from the addition of a significant new parter for the company is already priced into the stock.

----------

HomeServe, down 1.4%. The home emergency company said it is trading in line with its expectations and expects to deliver robust growth for its 2016 financial year to the end of March. The FTSE 250-listed company said it is continuing to make investments to grow its international business but said the majority of its marketing activity, as in previous years, will be weighted to the second half.

----------

DCC, down 1.3%. The distribution company said it still expects a "very significant" improvement in its full-year results for its current financial year following robust trading in the first quarter. DCC said its overall operating profit for the first quarter to the end of June was in line with its expectations, with good growth in its DCC Energy, Healthcare and Environmental business, which was partially offset by weaker trading for DCC Technology.

----------

AIM ALL-SHARE - WINNERS

----------

TomCo Energy, up 23%. The oil shale exploration and development company said it has secured the final permits needed to develop the Holliday project in the US, but reiterated the project will not be fully developed until its partner's technology is ready in 2017. The company also said it has completed the board reshuffle announced in May, which sees Andrew Jones take over as its new non-executive chairman.

Rurelec, up 9.6%. The power generation company said it has completed the sale of its Peruvian subsidiary Empresa de Generación Eléctrica Canchayllo SAC to Energías Renovables de los Andes SAC for USD6.8 million, plus USD7.5 million in assumed debt.

----------

AIM ALL-SHARE - LOSERS

----------

New World Oil & Gas, off 69%. Shares were restored to trading today, although the London Stock Exchange said it would continue to closely monitor the settlement situation in the company following its restoration to trading.

Atlas Development and Support Services, down 56%. The African-focused support services company said it expects to make a loss in the first half of 2015, and warned that the second half will be even tougher due to the faltering oil and gas industry.

Frontier Resources International, down 33%. The company said that it has raised GBP205,000 through the placing of 58.6 million new shares at a price of 0.35 pence. The funds will be used to provide working capital for the company as it continues to seek a farm-out of one or more of its projects in the Oman and Namibia.

Sula Iron and Gold, down 11%. The miner said it will drill an exploration target at the Ferensola gold project in Sierra Leone which is thought to contain up to 1.5 million ounces of gold in the hope of securing a maiden mineral resource estimate for the project.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
28 Mar 2024 15:48

EARNINGS: Caledonian swings to loss; Altona Rare Earth loss widens

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
21 Feb 2024 13:27

TomCo raises £0.3m to bolster Greenfield's finances

(Sharecast News) - US-based oil developer TomCo Energy announced a fundraise of £0.3m on Wednesday, in a bid to bolster the finances of its Greenfield Energy subsidiary.

Read more
21 Feb 2024 11:54

TomCo Energy raises GBP300,000 though placing and subscription

(Alliance News) - TomCo Energy PLC on Wednesday said it has raised GBP300,000 through a placing and subscription of shares.

Read more
21 Feb 2024 10:49

AIM WINNERS & LOSERS: Zinnwald Lithium soars on Saxony estimate

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

Read more
2 Jan 2024 11:27

TomCo Energy raises GBP50,000 through subscription of shares

(Alliance News) - TomCo Energy PLC on Tuesday said it has raised GBP50,000 through a subscription of 50.0 million new shares priced at 0.10 pence each.

Read more
13 Oct 2023 15:19

TomCo raises £0.1m as it works on Greenfield plans

(Sharecast News) - TomCo Energy announced the raising of £0.1m on Friday, in a bid to shore up finances for the plans of its subsidiary Greenfield Energy.

Read more
13 Oct 2023 12:57

TomCo Energy rises as raises funds through subscription at premium

(Alliance News) - TomCo Energy PLC on Friday said it has raised GBP100,000 through a subscription of 125.0 million new shares priced at 0.08 pence each.

Read more
13 Oct 2023 10:53

AIM WINNERS & LOSERS: TomCo raises funds; Instem bid "final"

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

Read more
10 Oct 2023 10:07

AIM WINNERS & LOSERS: Image Scan up on expected swing to profit

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

Read more
22 Aug 2023 15:45

UK shareholder meetings calendar - next 7 days

Wednesday 23 August 
Brandshield Systems PLCAGM
James Latham PLCAGM
LifeSafe Holdings PLCGM re shareholder circular
Momentum Multi-Asset Value Trust PLCGM re appointment of the liquidators
Sovereign Metals LtdGM re share placement options
Thor Energy PLCGM re proposed share consolidation
Thursday 24 August 
Ananda Developments PLCAGM
Concurrent Technologies PLCAGM
CyanConnode Holdings PLCAGM
Nuformix PLCAGM
Oryx International Growth Fund LtdAGM
ThomasLloyd Energy Impact Trust PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re market purchases of its own ordinary shares
Friday 25 August 
Honye Financial Services LtdAGM
Iconic Labs PLCAGM
Ormonde Mining PLCAGM
Ormonde Mining PLCEGM re AIM delisting and proposed investment in TRU Precious Metals Corp
Monday 28 August 
no events scheduled 
Tuesday 29 August 
Axiom European Financial Debt Fund LtdEGM re liquidation of the company
Livermore Investments Group LtdAGM
TomCo Energy PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
30 Jun 2023 17:24

IN BRIEF: TomCo Energy cautions on future of company as loss widens

TomCo Energy PLC - oil development group operating in the US - In the six months to March 31, pretax loss widens to GBP1.4 million from GBP678,000 a year prior. Posts no revenue in either period. Looking ahead, firm cautions: "The cash reserves currently held by the group are insufficient to fund ongoing overhead costs for the next 12 months. However, based on a history of successfully raising additional funds when needed, the directors have a reasonable expectation that the group will be able to raise the required additional funds as necessary."

Read more
14 Jun 2023 10:52

TomCo Energy raises money to fund subsidiary's buy of Tar Sands

(Alliance News) - TomCo Energy PLC on Wednesday said it cancelled a loan facility as it was replaced by another fundraise, focused on financing its subsidiary's acquisition of a tar mining services provider in Utah.

Read more
6 Jun 2023 11:26

TomCo Energy buys remainder of Tar Sand; seeks funding for subsidiary

(Alliance News) - TomCo Energy PLC on Tuesday said subsidiary Greenfield Energy LLC is buying the remaining 90% stake in Tar Sand Holdings II LLC.

Read more
24 Apr 2023 15:31

IN BRIEF: TomCo draws down GBP250,000 from convertible loan facility

TomCo Energy PLC - oil development group operating in US - Draws down first GBP250,000 tranche from GBP1.0 million convertible loan facility, with the funds expected to be received on or around Wednesday. In accordance with the terms of the facility, the convertible loan subscribers will be issued with 41.7 million warrants with the drawdown of the first tranche, exercisable for a period of three years from the date of drawdown, with each warrant granting the right to subscribe for shares at an exercise price of 0.60 pence per share. Novum Securities Ltd will be issued 10.0 million warrants.

Read more
24 Apr 2023 13:25

TomCo draws down first tranche of its new £1m facility

(Sharecast News) - TomCo Energy announced on Monday that it was drawing down the initial £0.25m tranche of its £1m convertible loan facility, which it announced on 30 March.

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.