Edison Investment Research

Palace Capital PLC (PCA): New 5-year £40 million banking facility signed with Barclays

Stock up 1.6% as at 08:16

Average cost of debt reduced to below 3% and average debt maturity extended to 4.7 years. PCA now has combined facilities of £115.4 million, providing greater firepower for further acquisitions.

Amur Minerals Corp (AMC): Resource Update for Kun-Manie

Kun-Manie Mineral Resource Estimate (“MRE”) expected to be substantially higher than February 2017 estimate after mineralized zone is expanded from 1.4km to 3.6km thanks to newly discovered orebody and independently confirmed drill results.

Findel PLC (FDL): Trading update covering the 42-week period ended 19 January 2018.

Active customer numbers grew 15% during the 42 week period with growth in online and credit sales and a strong Christmas period.

Mission Marketing (TMMG): Trading update for the year ended 31 December 2017.

Stock up 1.1% at 45.48 as at 08:00

Results in line with market expectations. TMMG continues to streamline operations while maintaining revenue growth with like-for-like revenue 4% ahead of last year.

StatPro Group PLC (SOG): Year end trading update for the year ended 31 December 2017.

Stock up 3.2% at 153.25 as at 08:00.

Annualised recurring revenue up 39% y-o-y at £53m. Highlight of 2017 was the successful integration of Delta, a recent acquisition in the cloud services division.

eServGlobal Limited (ESG): Core Business Trading Update for the 14 months to December 2017

Stock down 11.8% as at 08:00

Core revenue falls short of guidance but rolls into next period. Cost-cutting measures have hit targets and the company expects to hit target annualized total cost levels of €12-12.5m in 2018.

PPHE Hotel Grp Ltd (PPH): Acquisition of Joint Venture Interest in Hoxton, London

PPH has acquired the remaining interest in its Hoxton art’otel site for £35m, allowing it to control the timetable for construction.

Picton Prop Inc Ltd (PCTN): Net Asset Value as at 31 December 2017 and Corporate Update

Total return for the quarter of 4.1%; 3.1% from NAV growth and 1% from dividend. Dividend well covered at 126% and occupancy maintained at 95%.

Custodian REIT plc (CREI): Highlights for Q4 2017

Stock down 0.3% as at 08:06

NAV total return per share for the period was 2.6%. £20.1m of new equity was raised at a 10.6% premium to end Q4 NAV. Asset management initiatives add £2.6m to NAV over the quarter.

SCISYS PLC (SSY): Pre-close trading update for the year ended 31 December 2017.

Stock up 5.7% as at 08:06

Trading results will comfortably meet current market guidance with healthy cash flow and strong organic growth continuing into 2018.