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Sparks Team
12 July 2018 · 1 min read

Caledonia Mining (CMCL); Q2 2018 production update

CMCL produced ~12,657 ounces of gold in Q2 (ending June 2018), 2% lower QoQ and 1% higher YoY, at its Blanket mine (Zimbabwe). H1 2018 production at 25,582 ounces was marginally ahead YoY (H1 2017: 25,316 ounces).

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11 July 2018 · 2 min read

Wetherspoon’s releases its trading statements, showing like for like sales growth of 5.2%

Like-for-like sales growth of 5.2% for the 10 weeks to 8 July 2018 is a good result by any standards. It has obviously been helped by the heatwave in late June and early July, although the warmth of May 2017 stiffens the comparative.

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Sparks Team
11 July 2018 · 2 min read

Low & Bonar (LWB); half-year results; strategic progress despite tough first half

Stock down 10.73% to 42.76p at 8:13

LWB’s revenue grew 3% LFL YoY (reported: 2% decline) to £206.2m for the six months ended 31 May 2018, while underlying operating income declined 38.8% LFL y/y (reported: 41.1% decline) to £9m. The company announced progress in strategic actions despite a tough 1H.

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Sparks Team
11 July 2018 · 2 min read

Target Healthcare (THRL); acquisitions of properties in Doncaster and Lancashire for £13.9m

Stock down 0.69% to 112.72p at 8:11

THRL has completed the acquisition of two properties: a care home in Doncaster and a development site in Lancashire for a total value of £13.9m (including acquisitions and forward funding costs).

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Sparks Team
11 July 2018 · 1 min read

Future (FUTR); confirms cancellation of share premium account

Following the approval of the cancellation of FUTR’s share premium account by special resolution at the general meeting, the High Court of Justice has confirmed the cancellation of the amount standing to the credit of the share premium account of the company.

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Sparks Team
11 July 2018 · 3 min read

Blancco Technology Group (BLTG); provides trading update and announces CFO appointment

Stock up 2.70% to 76.0p at 8:02

BLTG’s revenue was moderately ahead for the 12 months ending June 2018 compared to the previous corresponding period. Adjusted operating profit (AOP) and AOP margin percentage were higher than full-year expectations at c11% AOP margin. The company also announced the appointment of Adam Moloney as their new CFO.

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Sparks Team
11 July 2018 · 2 min read

ReNeuron Group (RENE); signs an exclusivity agreement for retinal stem cell technology

Stock up 19.75% to 97p at 8:11

RENE has signed an exclusivity agreement with a US-based specialty pharmaceutical company. The agreement pertains to a potential out-licensing of RENE’s hRPC retinal stem cell technology and therapeutic programmes.

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Sparks Team
11 July 2018 · 1 min read

Globalworth Real Estate (GWI); interim dividend payment of €0.27 per ordinary share

GWI has announced that the board of directors have approved the payment of interim dividend of €0.27 per ordinary share for the six month financial period ending 30 June 2018.

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Sparks Team
10 July 2018 · 3 min read

discoverIE Group (DSCV); Notice of extraordinary general meeting

Stock flat at 424.0p at 8:22

The board of DSCV has referred to an earlier announcement on June 5, where it identified a technical non-compliance issue with respect to certain historical dividends not being paid in accordance with the Companies Act 2006. An extraordinary general meeting will be conducted on 26 July 2018 for passing a special resolution.

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Sparks Team
10 July 2018 · 3 min read

Keywords Studios (KWS); announces senior management team changes

Stock up 0.8% to 1,774.0p at 8:04

KWS announced the appointment of Igor Efremov to the new role of Chief Commercial Officer. Andrew Brown has been appointed to the newly created role of Chief Marketing Officer (CMO).

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