Digging through these companies’ recent announcements, we may have unearthed hidden value. DNM: Fair Chance KRM: Managing Risk RTC: Recruitment Drive Dianomi 27.5p £8.26m (DNM.L) Financial Calendar: Year End December, Finals reported 19 May, Interim results to June expected before end September Top Three Shareholders: Scobie Dickinson Ward 16%, BGF Nominees Limited 14.9%, Raphael Queisser 12.1% Key Investment Points: Losses narrowing, Cash increased to £8.8m, Media Platform reboot T...
Our daily digest of news from UK Small Caps 21st May 2025 @HybridanLLP * A corporate client of Hybridan LLP ** Potential means Intention to Float (ITF) or similar announcement has been made ***Arranged by type of listing and date of announcement ****Alphabetically arranged Dish of the day Admissions: None Delistings: On Tuesday 20th, Serinus Energy (SENX. L) left AIM What’s baking in the oven? Potential** Initial Public Offeri...
25th March 2024 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment object...
27 March 2023 @HybridanLLP Status of this Note and Disclaimer This document has been issued to you by Hybridan LLP for information purposes only and should not be construed in any circumstances as an offer to sell or solicitation of any offer to buy any security or other financial instrument, nor shall it, or the fact of its distribution, form the basis of, or be relied upon in connection with, any contract relating to such action. This document has no regard for the specific investment objectiv...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
The Company is the first to admit that in April 2015 it bit off more than it could chew with the £66.8m transformational acquisition of Networkers International (NI). Attempting in one fell swoop to expand outside of its UK engineering heartland, only to discover a catalogue of deep-rooted issues. But in this morning’s FY18 prelims, the good news is that the self-help measures are starting to bear fruit. Sure there’s still plenty to do, and most of the benefits (eg £3m of annualised saving...
As indicated at the August pre-close trading update, the Board are wasting no time to turnaround the less profitable and/or loss making parts of the group. First on the list are those activities/territories that possess insufficient critical mass, deteriorating fundamentals and/or unattractive cash generation. Consequently this morning the company announced it was exiting from its Contract Telecoms Infrastructure interests in Africa, Asia and Latin America as well as Dubai, Kuala Lumpur and Qata...
Like its namesake movie - where the central character overcomes testing conditions – we think Gattaca will also emerge much fitter after its recent lean spell. Encouragingly the company has made a good start, albeit there is still plenty of climbing ahead. With regards to trading, the Board reported this morning that FY18 NFI grew 1% LFL to £78.8m (H1 +2%: H2 flat) with adjusted PBT “broadly in line with expectationsâ€. We interpret this as c.£12.6m (vs ED £13.0m, £16.2m FY17) – imply...
Adjusted PBT at £1.5m for the 12 months ended December 2017 represented growth of 22% and was ahead of our expectation of £1.4m. In turn, this supported dividend growth of 13% against an expected 6%. Net debt was £4.4m though allowing for an unwind in receivables of £1.5m in January 2018, the underlying net debt position represents a significant improvement on the December 2016 position. *Whitman Howard acts as corporate broker to RTC Group
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