The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Oil giants on the road to recovery as profits double May 1 2017, 12:01am, The Times https://www.thetimes.co.uk/edition/business/oil-giants-on-the-road-to-recovery-as-profits-double-8fbrvbzqb BP and Royal Dutch Shell are expected to report a dramatic recovery in first-quarter profits this week, boosted by oil prices rising from their nadir a year earlier. BP, which updates the stock market tomorrow, is expected to say that its underlying profits more than doubled to $1.26 billion...
Geoff Percival Clontarf Energy — the John Teeling-chaired exploration firm — is continuing talks regarding the potential enlargement of its geographic spread and asset base. The Dublin-headquartered firm, which has its shares listed on London’s AIM index, has interests in Peru, Bolivia and Ghana. Earlier this year, management said it was looking at ways to rejuvenate the firm’s asset base and refresh shareholder value. It is understood that one potential deal model — regarding a private company taking a minority equity stake in return for bringing on new Nigerian assets. Clontarf remains open to acquiring new assets and is in talks with a number of parties in this regard. Clontarf and sister company Petrel Resources also seem to be closing in on a successful conclusion to a long-running dispute over lost acreage on a field in Ghana which they co-control via their local affiliate Pan Andean Resources (Ghana). The dispute arose when another firm was awarded acreage overlapping their existing Tano Basin licence, thus diluting their asset base. Yesterday, both firms simultaneously announced to the London Stock Exchange that revised Tano Basin acreage co-ordinates have been formally offered by Ghanaian officials, which have been accepted “in principle” by both firms and their local partners.
Clontarf, Petrel consider expanding acreage offshore Ghana Offshore Oil and Gas Magazine http://www.offshore-mag.com/articles/2016/06/clontarf-petrel-consider-expanding-acreage-offshore-ghana.html
Hampshire acquisition for AIM-listed Rosslyn Insider Media-27 Apr 2017 https://www.insidermedia.com/insider/southeast/hampshire-acquisition-for-aim-listed-rosslyn
Work Commences on US$1bn 400MW Bridge Power Project News Ghana https://www.newsghana.com.gh/work-commences-on-us1bn-400mw-bridge-power-project/
Ghana’ President Cuts Sod For Construction Of Power Plant Apr 29, 2017 https://www.newsghana.com.gh/ghana-president-cuts-sod-for-construction-of-power-plant/
MONEY MAN Business broadband provider Toople has signed up former TalkTalk Business finance director Geoffrey Wilson as its part-time chief financial officer. Wilson will hold the role until a permanent replacement is hired. Read more: http://www.thisismoney.co.uk/money/markets/article-4456882/DAILY-BRIEFING-Greggs-chairman-gets-role-DFS.html#ixzz4fcczuHW1 Follow us: @MailOnline on Twitter | DailyMail on Facebook
Jim McCarthy, non-executive director at Crawshaw, took a different approach, upping his stake in the butcher after disappointing results earlier this week. Shares advanced 2.5 per cent, or 0.8p, to 30.25p. Read more: http://www.thisismoney.co.uk/money/markets/article-4456978/MARKET-REPORT-Pension-problems-push-Royal-Mail-4.html#ixzz4fcb91D6V Follow us: @MailOnline on Twitter | DailyMail on Facebook
STOCK WATCH - DIRECTA PLUS Directa Plus sank after warning of a 'significant reduction' in revenues this year. The company produces and supplies products such as high-tech textiles and tyres made from ultra-strong carbon graphene. In its 2016 results – which saw revenues rise to £0.6million from £0.3million in 2015 – Directa warned of an expected slowdown in sales volumes this year and that lengthy sales discussions will cut revenues. Shares dropped 18.2 per cent, or 16.5p, to 74p. Read more: http://www.thisismoney.co.uk/money/markets/article-4456978/MARKET-REPORT-Pension-problems-push-Royal-Mail-4.html#ixzz4fcaJT346 Follow us: @MailOnline on Twitter | DailyMail on Facebook
GE pledges to assist Ghana resolve power challenges DELLA RUSSEL OCLOO 28 APRIL 2017 http://www.graphic.com.gh/news/general-news/ge-pledges-to-assist-ghana-resolve-power-challenges.html
World’s largest LPG-fired power plant BY KENT MENSAH APRIL 27, 2017 http://starrfmonline.com/2017/04/27/akufo-addo-cuts-sod-for-worlds-largest-lpg-fired-power-plant/
Ghana Gas seals deal with Chinese multinational company Wednesday 26th April , 2017 6:20 am https://citifmonline.com/2017/04/26/ghana-gas-seals-deal-with-chinese-multinational-company/
Vela Technologies To Invest In Rosslyn Data Wed, 26th Apr 2017 13:22 http://www.lse.co.uk/AllNews.asp?code=n3nxulon&headline=UPDATE_Vela_Technologies_To_Invest_In_Rosslyn_Data_Placing_ALLISS LONDON (Alliance News) - Vela Technologies PLC said Wednesday it has conditionally subscribed for GBP50,000 worth of shares in its investee company Rosslyn Data Technologies PLC. Vela said it has subscribed for approximately 1.1 million shares in Rosslyn at 4.5 pence per share. Provided Rosslyn completes its planned fundraising, the investment will leave Vela with an approximate 0.8% stake in the company. Shares in Vela Technologies were up 4.8% at 0.220 pence Wednesday morning. Earlier on Wednesday, Rosslyn said plans to raise up to GBP4.5 million to help fund the acquisition of Integritie UK Ltd. Rosslyn will pay an initial consideration of GBP2.6 million for Portsmouth-based information capture and management firm Integritie, plus an earn-out of up to GBP750,000 based on revenue targets. Rosslyn has conditionally raised GBP2.2 million in a share placing of 49.0 million shares at 4.5 pence each, and plans to raise a further GBP2.3 million through a placing of a further 51.0 million shares at the same price. Further, it intends to give shareholders who have not taken part in these placings an opportunity to participate through an open offer of 11.1 million shares to raise up to GBP500,000 at the same price. Shares in Rosslyn were down 31% at 5.45 pence Wednesday. The placing price represents a 43% discount to Rosslyn's closing price of 7.88p Tuesday. Rosslyn said Integritie has a blue-chip customer base it believes is highly complementary to Rosslyn's, which will add scale to Rosslyn and allow for the cross sale of unstructured and structured data services to an enlarged customer base. It has identified cost savings and synergies of around GBP800,000, which it expects to be able to make within a year of completing the acquisition. By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews Copyright 2017 Alliance News Limited. All Rights Reserved.
26 APRIL 2017 BY MACIEJ HEYMAN Update re Rosslyn Data and Proposed Investment http://www.military-technologies.net/2017/04/26/update-re-rosslyn-data-and-proposed-investment/ The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 („MAR”) 26 April 2017 Vela Technologies plc („Vela”, the „Company” or the „Group”) Proposed further investment in Rosslyn Data Technologies plc The Board of Vela (AIM: VELA), the investing company focused on early-stage and pre-IPO disruptive technology investments, is pleased to announce that the Company has conditionally subscribed for 1,111,111 ordinary shares (the „Placing Shares”) in Rosslyn Data Technologies plc („Rosslyn Data”), an existing investee company, at 4.5p per share for a consideration of £50,000. The investment by Vela is part of a placing and open offer being undertaken by Rosslyn Data to raise up to £5.0m (the „Rosslyn Data Fundraising”) in conjunction with the acquisition of Integritie (UK) Limited, details of which were announced by Rosslyn Data earlier today. The proposed investment by Vela is being funded from the Company’s existing cash resources. The Rosslyn Data Fundraising, and therefore Vela’s subscription for 1,111,111 Placing Shares, is conditional upon, inter alia, approval by shareholders of Rosslyn Data in a general meeting to be held on 12 May 2017. On completion of the Rosslyn Data Fundraising, and assuming the open offer is fully subscribed, the Company will become interested in 1,411,111 ordinary shares in Rosslyn Data, representing approximately 0.75 per cent. of the enlarged issued share capital of Rosslyn Data. Rosslyn Data’s shares are quoted on AIM, on which the closing mid-market price on 25 April 2017 of the company’s ordinary shares was 7.875 pence per share. For the six months ended 31 October 2016, Rosslyn Data generated revenues of £1,666,577 and incurred a net loss of £981,665. As at 31 October 2016, Rosslyn Data had net assets of £1,631,096. Further information on Rosslyn Data, including the announcement released today in relation to Rosslyn Data Fundraising and acquisition, is available on the Rosslyn Data website (www.rosslynanalytics.com).
Rosslyn Data snaps up rival in bold move http://www.proactiveinvestors.co.uk/companies/news/169617/rosslyn-data-snaps-up-rival-in-bold-move-169617.html 14:15 26 Apr 2017 Rosslyn said it will reduce the reliance on large contracts with long sales cycles
chasbas26 Apr '17 - 12:41 - 379 of 384 1 0 http://bit.ly/2q7gyv4 Just skimmed Finncap's 26 page very detailed (initiation of coverage: target price 100p) sell note: there are 36 tables! The sector analyst must have been working on it for weeks if not months. Blancco is mainly institutionally owned: Prudential, R&M, Fidelity, Schroder, Hambro,Soros, HH, Investec. Any theories as to why such a huge effort? Maybe one of the institutions asked for a detailed note. It is unusual for a broker to publish such a long Sell note. There is normally no commercial reason to do so. As a holder I am not convinced Finncap are right but my confidence is definitely shaken. Q3 group sales +48% in constant currency + reassuring outlook statement is positive, surely. Blancco isn't the first high growth company to mismanage its cash - £4m funding must be fixable fairly quickly. I don't want to be shaken out at 172p. Good luck all.
they are giving you a full 20p below the bid for 1k not looking very good is it
31 MARCH 2017 BY MONIKA DONIMIRSKA Global Financial Analytics Market is Expected to Reach $10.34 Billion by 2022 at a CAGR of 12.2% http://www.military-technologies.net/2017/03/31/global-financial-analytics-market-is-expected-to-reach-10-34-billion-by-2022-at-a-cagr-of-12-2/
AnyData Solutions: Vendor Snapshot (Part 1) — Background & Solution Overview [PRO] MICHAEL LAMOUREUX AND JASON BUSCH - April 19, 2017 4:00 AM | https://spendmatters.com/2017/04/19/anydata-solutions-vendor-snapshot-part-1-background-solution-overview/ There must be something in the procurement climate in the United Kingdom that encourages procurement technology entrepreneurs to start spend analytics businesses. Coming on the heels of Spikes Cavell (acquired by Xchanging), Spend360 (acquired by Coupa), Simfoni and Rosslyn Analytics is the newest upstart
more like it PMM