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 picksVIY.L Share News (VIY)

  • There is currently no data for VIY

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Small caps round-up: Sagentia, Conroy Diamonds, Imaginatik ...

Mon, 11th Oct 2010 13:24

Shares in Sagentia moved higher after the technology and product development consultant said profits for the full year will be ahead of previous expectations following a better than expected summer. 'Consultant utilisation has remained high over the summer contrary to the anticipated seasonal slowdown due to project extensions, additional projects being received from existing customers and new customer wins, the company said.Software firm Imaginatik has had its contract with US pharmaceuticals giant Pfizer extended. The contract extension builds on an existing annual agreement for open innovation with Pfizer and increases the annual recurring license fee. Irish mining firm Conroy Diamonds & Gold said its step out drill programme in the north-western corner of its Clay lake gold target in County Armagh continues to give positive results, with 13 zones of mineralisation intersected."Every one of the 7 holes that have been drilled so far, all in the top corner of the soil anomaly, have got gold mineralisation present. We believe that this confirms our view that Clay Lake is even more prospective than Clontibret where we have a 1 million ounce resource identified already," said company chairman Professor Richard Conroy.Uranium exploration and development company Uranium Resources has completed phase one of its drilling programme at the Mtonya prospect in Tanzania and has now embarked on phase two.The initial results of phase one have confirmed management's geological interpretation on a district and prospect scale. Of particular significance have been observations of the right prospective lithologies and the intersection of strata, which have been subjected to extensive redox processes. Management believe these have potential to host large-scale uranium mineralisation.Brownfield site developer Inland has posted strong results for the year ended 30 June, as revenue surged 217% to £16.54m, from £5.22m in 2009, boosted by increased demand for land with planning consent.The group has seen a return to profitability with a pre-tax profit of £1.05m, a substantial improvement from the pre-tax loss of £10.47m previously.Inland has disposed of most of its smaller sites within its portfolio, as it looks to secure larger sites which will predominantly be purchased with joint venture partners.Shares in Real Estate Opportunities shot up by one-sixth Monday morning following the announcement that the group has deferred payments on £150m of debt until May 2011.Last month the company also reported that the £225m Battersea power station facility and £37.55m site assembly facility with Bank of Scotland and Bank of Ireland had been extended to August 2011.Professional services group Strontium had its best month ever for contract wins in September, signing deals worth a total of £0.55m. Strontium claim that investments in product development, client management and creative team development have contributed to these results. In September, the group secured one new client and a further two new contract wins from existing clients.A "good" second half helped online market research agency YouGov meet full-year expectations and positive momentum has continued through to the current year.Adjusted profit before tax for the year ended 31 July was up very slightly at £4m on sales little changed at £44.2m. A big reported loss of £9.6m was mostly due to an impairment charge of £7.9m at the German business.Irish miner Minco's ongoing exploration drilling on the Pallas Green zinc lead exploration project in County Limerick, continues to yield positive results."Ongoing drilling throughout the summer months has continued to expand the Tobermalug deposit and the related cluster of mineralised deposits in the Caherconlish area," said Minco chief Terence McKillen."The new discovery of the Knockroe Zone, which had not been identified at the beginning of the year, has been particularly encouraging. The extent of the mineralising system in the wider Caherconlish area continues to grow, and remains open in almost all directions".Fusion IP, which commercialises university research, gained ground Monday after reporting a huge surge in revenue and portfolio return to £4.4m from £0.6m and cutting its loss to £1.6m from £5m."We expect to create further companies in 2010/11, and remain confident that we will be able to exit companies for good value when the time is right," said chief executive David Baynes.Sable Mining Africa, the AIM listed resource investor, has started exploration on the Dukwe project area in Botswana, intersecting a carbonaceous sequence highlighted by a regional airborne magnetic reconnaissance programme."Early signs of the prospectivity of the Dukwe coal project have been positive and we look forward to reporting further regarding the laboratory results and the development programme."Shares in Frontera Resources rose sharply as it revealed its Mirzaani #5 frac well in Georgia produced encouraging results. After clean-out, the well flowed naturally at a 14-day average rate of approximately 130 barrels per day of fluid, including 60 barrels per day of 29.5O API oil and associated gas. Metminco, the ASX and AIM listed mining exploration company, has received commitments for a placement raising A$30m at A$0.20 per share, with BGF Equities acting as the lead manager. ViaLogy has been engaged by a second global energy company for QuantumRD performance assessment projects. The analysis targets large oilfields outside the United States. Following the recent announcement of a supermajor contract, ViaLogy has been approached by several US and non-US companies for de-risking both onshore and offshore prospects.Oil and gas exploration and production company Frontera's shares jumped after initial results from the Mirzaani #5 well in Georgia.A multi-zone frac completion was successfully accomplished in late September and the group says that this "constitutes an essential first step towards increasing near term production at the Mirzaani Field."
More News
1 Jul 2014 12:08

UK MIDDAY BRIEFING: Tesco, Morrison's Continue To Struggle

Read more
1 Jul 2014 11:49

UK WINNERS & LOSERS: Miners Buoyed By Chinese PMI Data

Read more
1 Jul 2014 10:08

ViaLogy Raises GBP0.7 Million In Over-Subscribed Open Offer

Read more
13 Jun 2014 15:11

ViaLogy revenue falls, proposes acquisition of health group

Hydrocarbon technology developer ViaLogy saw its shares dive on Friday after the group posted significantly reduced annual revenue and unveiled proposals to acquire biotechnology group Premaitha Health. In the year ended March 31st, turnover fell to £62.1m from £257.7m, although the impairment of g

Read more
13 Jun 2014 11:29

UK MIDDAY BRIEFING: Property Companies Get Indigestion

LONDON (Alliance News) - UK residential and commercial property companies are among the biggest fallers in a declining market Friday, after Bank of England Governor Mark Carney said the interest rates in the UK could rise sooner than investors expect and Chancellor of the Exchequer George Osbo

Read more
13 Jun 2014 10:35

UK WINNERS & LOSERS: Oil And Gas Stocks Rise Alongside Iraq Tensions

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.
-------
FTSE 100 - WINNERS
-------
Tullow Oil, up 1.9%, Royal Dutch Shell, up 0.5% BG Gr

Read more
13 Jun 2014 08:16

ViaLogy Buys Molecular Diagnostic Company, But Struggles To Sell Energy Unit

LONDON (Alliance News) - ViaLogy PLC Friday became a molecular diagnostic company after buying Premaitha for GBP10.5 million, although it had to write down the value of the energy services business it is trying to offload because it is taking longer than it hoped to find a "suitable" partner for

Read more
15 Apr 2014 11:39

ViaLogy In Talks For Possible Reverse Takeover Deal; Shares Temporarily Suspended

LONDON (Alliance News) - ViaLogy PLC Tuesday said that it is in discussion regarding a possible reverse takeover deal, and as a result its shares have been temporarily suspended. ViaLogy said that it requested that its shares are temporarily suspended from AIM, with immediate effect, pendin

Read more
21 Mar 2014 09:00

ViaLogy CEO Robert Dean Resigns With Immediate Effect; Reynolds To Be Interim CEO

LONDON (Alliance News) - ViaLogy PLC Friday said that Chief Executive Robert Dean has resigned with immediate effect. The company which is engaged in developing applications for its Quantum Resonance Interferometry technology, said that Adam Reynolds will take on the role as interim chief e

Read more
24 Jan 2014 15:53

Vialogy Meets Funding Target After Oversubscribed Open Offer

LONDON (Alliance News) - ViaLogy PLC said Friday that it had raised GBP519,820 in an oversubscribed open offer, meaning it met its target of raising GBP1.6 million through a placing and open offer and can press ahead with its restructuring and strategy. The technology company said that it h

Read more
7 Jan 2014 09:55

STOCKS NEWS EUROPE-UK small caps rise in line with blue chips

The FTSE small cap index, which hit a record high earlier this week, is up by 0.1 percent in early session trading, broadly in line with a 0.2 percent advance on the blue-chip FTSE 100 index. The FTSE 250 mid-cap index is down by 0.2 percent, as is the small-cap FTSE AIM All Share Index.Read more

2 Dec 2013 14:35

Vialogy to raise cash in share issue, Chairman quits

Oil services company Vialogy unveiled plans for a re-financing and new equity issue as it posted lower half-year losses, hitting its shares. Vialogy, which provides geophysical imaging and mapping services to oil majors, said it was planning to re-capitalise itself to underpin a technical and comme

Read more
29 Oct 2013 12:21

UK WINNERS & LOSERS: Housebuilders Doing Well After Liberum Upgrades

Read more
29 Oct 2013 10:42

ViaLogy To Spin Out Energy Services As It Focuses On Other Technologies

Read more
30 Sep 2013 11:31

UK WINNERS & LOSERS: House Builders Prosper On Good News, Travelzest Soars

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