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AIM WINNERS & LOSERS: ASOS shares hit one-year low; Accesso rises

Wed, 08th Sep 2021 10:21

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

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AIM - WINNERS

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TomCo Energy PLC, up 12% at 0.57 pence, 12-month range 0.38p-0.92p. Notes Greenfield Energy unit is in talks with potential off-takers of both oil and sand from Tar Sands asset. TomCo Chair Malcolm Groat says he is confident Greenfield can secure the required funding to buy 100% of Tar Sands Holdings II LLC.

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Pebble Beach Systems Group PLC, up 7.5% at 11.02 pence, 12-month range 8.00p-12.50p. The software company, which specialises in broadcast automation, says revenue in the six months to June 30 rises 9.0% annually to GBP4.9 million from GBP4.5 million. Pretax profit rises 36% to GBP1.0 million from GBP739,000.

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Accesso Technology Group PLC, up 9.7% at 908.20 pence, 12-month range 250.00p-930.00p. The e-ticket provider lifts its 2021 revenue expectations to USD117 million, representing a "full recovery" to 2019 trading levels. Says cash earnings before interest, tax, depreciation and amortisation will be ahead of market expectations.

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AIM - LOSERS

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ASOS PLC, down 2.6% at 3,383.00p, 12-month range 3,309.00p-5,994.95p. Shares in the online retailer have fallen for the past nine sessions and it looks set to extend its losing streak on Wednesday, hitting a 52-week low. The fast fashion firm has been hit by concerns about a shortage in HGV drivers in the UK. Halfords Group PLC, a cycling products retailer, became the latest to sound the alarm on driver shortages on Wednesday.

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By Eric Cunha; ericcunha@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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