The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksTrakm8 Hldgs Share News (TRAK)

Share Price Information for Trakm8 Hldgs (TRAK)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 8.00
Bid: 7.00
Ask: 9.00
Change: 0.00 (0.00%)
Spread: 2.00 (28.571%)
Open: 8.00
High: 8.00
Low: 8.00
Prev. Close: 8.00
TRAK 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: Barclays And Smith & Nephew Sink

Thu, 29th Oct 2015 10:32

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.
----------
FTSE 100 - WINNERS
----------
Mondi, up 0.9%. The Anglo-South African paper and packaging company said it has struck a deal to sell its Raubling containerboard mill in Germany. It said it has signed a deal to sell its operations in Raubling to Heinzel Group, a German paper company, for EUR25.0 million on a debt- and cash-free basis. Mondi said the deal is expected to complete by the end of the year and will allow it to focus on its core containerboard operations.
----------
FTSE 100 - LOSERS
----------
Barclays, down 5.2%. The bank missed market expectations and cut guidance for 2016, as its adjusted pretax profit fell in the third quarter, with larger losses in the non-core businesses that Barclays is winding down more than offsetting stronger earnings in three of its four main operating businesses. Barclays raised its 2016 core cost guidance by GBP400 million and cut its core return on equity target for 2016 to 11% from the 12% previously guided due to the UK banking surcharge. The trading update comes after it appointed Jes Staley, the former JPMorgan Chase investment banking chief, as its new chief executive.

Smith & Nephew, down 4.7%. The medical equipment company said it has agreed to acquire Blue Belt Holdings for USD275 million, as it maintained its outlook for 2015, and reported a slight rise in revenue for the first nine months of 2015. Smith & Nephew expects revenue growth from the Blue Belt, which works in orthopaedic robotics-assisted surgery, to be over 50% in the medium-term. However, Smith & Nephew said that its group trading profit margin will be diluted by around 60 basis points in 2016 as a result of investment it will make in combined research and development programmes and supportive clinical evidence. It expects Blue Belt to become profitable in 2018.
----------
FTSE 250 - WINNERS
----------
Playtech, up 7.3%. The company said it has seen a strong trading from both its gaming and financial divisions in the third quarter of 2015. The gaming division's revenue increased by 23% to EUR143.4 million in the third quarter of 2015, while the financial division's revenue amounted to EUR27.5 million in the period without a prior year comparison. Overall, third-quarter revenue increased by 47% to GBP170.9 million. "Given the strength of our business and the momentum that we are enjoying, we have confidence for the remainder of 2015 and beyond," Chief Executive Mor Weizer said.

National Express Group, up 1.4%. The transport operator said it delivered constant currency growth in all of its divisions in the second quarter, with like-for-like operating profit also increasing. The company said its group revenue was up 3.0% in the second quarter to the end of September on the year before, with growth in all of its divisions. Like-for-like operating profit was up 7%.
----------
FTSE 250 - LOSERS
----------
Millennium & Copthorne Hotels, down 3.0%. The hotel operator said its revenue slowed in the third quarter following a weaker performance in its Asian hotels. Though revenue remains ahead in the year to date, pretax profit was lower in the quarter. It said its pretax profit in the third quarter was GBP36.0 million, a 28% fall on the GBP50.0 million it made a year earlier, and this dragged its pretax profit for the nine months to the end of September down 9.3% to GBP98.0 million from GBP108.0 million a year earlier. Millennium & Copthorne said the slowdown in its revenue per available room was driven by the performance of its Asian hotels, which were hit hard in the quarter by the weakness showing in the Chinese economy.
----------
MAIN MARKET AND AIM - WINNERS
----------
Trakm8 Holdings, up 8.9%. The telematics company said it has secured a deal with an unnamed US-based data company to supply its T10 BLE device. The Bluetooth device communicates with mobile phones to relay real-time journey data. The new client is expected to buy more than 25,000 devices in the first two years of the contract agreement.

OMG, up 6.7%. The image software and technology company said it is set to meet market expectations for the year to the end of September after a good second half. OMG said its image technology unit Vicon and Yotta infrastructure management arm both traded well in the second half, leaving the group on track to meet market forecasts for the year.
----------
MAIN MARKET AND AIM - LOSERS
----------
Falkland Oil and Gas, down 33%. The oil and gas company said it has failed to find a commercial amount of hydrocarbons at the Humpback exploration well offshore its namesake country, two weeks after the company said initial results suggested there was oil to be found. On October 16, Falkland Oil said it recorded oil and gas shows whilst drilling through the main target horizon, with the immediate wireline logging indicating the "possible presence" of hydrocarbon bearing sandstones. But those hopes were dashed on Thursday after Falkland confirmed the well encountered "non-commercial quantities of oil and gas within a number of sandstone intervals."
----------
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
29 Apr 2019 08:27

Trakm8's full-year revenues fall in line with expectations

(Sharecast News) - Telematics outfit Trakm8's full-year revenues came in at the lower end of the range that management had guided towards but managed to turn a profit in the second half.

Read more
20 Feb 2019 10:29

Trakm8 Sells And Leases Back Dorset Office For GBP500,000

LONDON (Alliance News) - Trakm8 Holdings PLC on Wednesday said it sold and subsequently entered a lease agreement for its offices at Lydden House in Dorset.The data supplier sold the office

Read more
4 Feb 2019 09:18

Trakm8 Expects Annual Revenue Down As Orders Delayed On Brexit Doubts

LONDON (Alliance News) - Trakm8 Holdings PLC on Monday said it has grown orders in the third quarter of its current financial year, but expects revenue to decline by at least a quarter in the year

Read more
4 Feb 2019 09:17

Trakm8 dives as Brexit delays hamper revenue

(Sharecast News) - Trakm8 has warned that "ongoing Brexit uncertainty" caused third quarter delays which will lead to a reduction in full year revenue.

Read more
9 Jan 2019 10:34

Trakm8 Appoints Microlise CEO Nadeem Raza As Non-Executive Director

LONDON (Alliance News) - Trakm8 Holdings PLC on Wednesday said it has appointed Nadeem Raza as an additional non-executive director with immediate effect.The AIM-listed fleet management has

Read more
2 Jan 2019 17:15

Microlise Group Builds 20% Stake In Trakm8 Holding (ALLISS)

LONDON (Alliance News) - Trakm8 Holdings PLC said Wednesday that Microlise Group Holdings Ltd now owns 20% stake in the company.Microlise owns around 50 million voting rights in the device

Read more
6 Dec 2018 10:48

WINNERS & LOSERS SUMMARY: Ted Baker Rises On "Resilient" Performance

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - LOSERS----------Just down

Read more
6 Dec 2018 09:44

Trakm8 To Raise GBP3 Million Via Share Subscription (ALLISS)

LONDON (Alliance News) - Trakm8 Holdings PLC on Thursday said it plans to raise GBP3.0 million to fund working capital requirements via a subscription of shares.The company plans to issue a

Read more
12 Sep 2018 12:15

Trakm8 Expects Annual Results To Be In Line Despite Poor Start To Year

LONDON (Alliance News) - Trakm8 Holdings PLC told its annual general meeting on Wednesday the outlook for its current financial year is in line with market expectations, despite a weak the trading

Read more
12 Sep 2018 11:38

Trakm8 expecting solid second half, says chairman

(Sharecast News) - Shareholders in telematics and data supplier Trakm8 were told of how the company's outlook for the current financial year ending 31 March was in line with expectations, as they gathered for the annual general meeting in London.

Read more
5 Sep 2018 16:15

UK Shareholder Meetings Calendar - Next 7 Days

Thursday 6 SeptemberBest of the BestDixons CarphoneCarpetrightBCA Capital Technology

Read more
2 Aug 2018 12:52

Trakm8 Leases Premises Opposite HQ, Aims For 1 Million Devices A Year

LONDON (Alliance News) -Fleet management company Trakm8 Holdings PLC said Thursday it has purchased a ten-year lease opposite its current Warwickshire headquarters to double its allows companies -

Read more
2 Jul 2018 12:18

Trakm8 Increases Annual Profits And Revenue, Still No Dividend

LONDON (Alliance News) - Trakm8 Holdings PLC said Monday its annual profits and revenue increased after a year of "very strong progress".For the year ended March, the telematics a

Read more
21 Jun 2018 10:29

WINNERS & LOSERS SUMMARY: Shire Rises As FDA Clears Cinryze Expansion

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Thursday.----------FTSE 100 - up 2.3%, The Irish drugmaker said that it has

Read more
28 Nov 2016 11:20

Trakm8 skids as profits slide due to major investment

(ShareCast News) - First-half profits from Trakm8 slumped 77% and cash flow almost dried up as the telematics group's increased revenue and normal seasonality was blotted by a weak pound and significant investment in sales, marketing and engineering. Shares in the AIM-listed company were down 29% to

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.