BioPharma Credit (BPCR); announces new investment
Stock flat at $1.08 at 08:06
BPCR entered into a definitive loan agreement for $150mn with a commercial-stage biopharmaceutical company (market cap over $2bn).
Read more...SCISYS (SSY); 1H18 results: revenue up 13% to £28.7m
Stock flat at 186.50p at 08:10
For the six months ending 30 June 2018, SSY reported that adjusted operating profit increased to £2.5m, whereas net debt reduced to £3.3m. Adjusted basic EPS rose to 6.1p (2017: 1.4p).
Read more...UK Commercial Property REIT (UKCM); H1 2018 results: NAV total return of 3.9%
Stock flat at 88.70p at 8:10
For the half year ended 30 Jun 2018, UKCM reported NAV total return of 3.9% driven by capital value growth and limited gearing of 11.9%. Share price total return of 1.4% exceeded FTSE All-Share REIT Index total return of 1.3%.
Read more...Caledonia Mining (CMCL); resource upgrade at Blanket mine, Zimbabwe
Stock up 2.37% to 540.00p at 8:30
CMCL announced a resource upgrade at Blanket Mine, Zimbabwe (49% owned by CMCL). This was the seventh successive year of sustained resource growth at Blanket (+86% since 2011, despite mining over 300,000 ounces over this period).
Read more...Kingfisher (KGF): interim results pre-tax profits down 30%
Underlying adjusted pre-tax profit down 18% at $323m
Kingfisher is engaging in depth with the deep-seated changes flooding through the retail market, with a programme to become a customer led, digital and efficient business.
Read more...UK Commercial Property REIT (UKCM); acquires M8 Industrial Estate for £24.6m
Stock flat at 89.3p at 8:10
UKCM acquired M8 Industrial Estate (M8) near Glasgow in Scotland from Grayling Capital. The headline price consideration of £24.6m works out to a net initial yield of 5.9%. UKCM funded the acquisition through existing cash resources.
Read more...Osirium Technologies (OSI); announces strategic technology partnership with Razorsecure
Stock flat at 143.0p at 8:10
OSI announced a strategic technology partnership with Razorsecure to deliver cyber security solutions specifically designed for the critical infrastructure, transport and industrial IOT markets.
Read more...The Mission Marketing Group (TMMG); 1H18 results: Headline PBT up 23%
Stock up 4% to 52p at 08:15
For the six months ended 30 June 2018, TMMG reported a 10% revenue growth to £37.0m (2017: £33.8m). Excluding the acquisition of krow Communications (krow), revenue was up 5%. Headline operating profit margins increased to 10.1% (2017: 9.1%), and headline diluted EPS grew 25% to 3.22p (2017: 2.58p).
Read more...Globalworth Real Estate Investments (GWI); 1H18 results: reports NOI of €51.7m
Stock flat at €9.15 at 08:13
For the six months ended 30 June 2018, GWI reported a growth of 135% YoY in NOI to €51.7mn, driven by significant increase in its revenue yielding assets, following the expansion into the Polish market at end-December 2017, as well as new lease agreements signed in Romania.
Read more...Primary Health Properties (PHP); Acquires Maple & Elm Court for £22.8m
Stock up 0.53% to 113.40p at 8:11
PHP acquired the modern keyworker accommodation unit, Maple & Elm court for £22.8m located next to Wansbeck General Hospital and let to Northumbria Healthcare NHS Foundation Trust.
Read more...