Invesco Asia Trust (IAT); NAV per share up 0.8% for FY 2019
Board recommends final dividend of 2.9p per ordinary share
For the year ended 30 April 2019, Invesco Asia trust reported a 0.8% increase in NAV per share, trailing the 1.6% increase for the benchmark index. The company reported share price total return of 6% for the year.
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Marshall Motor Holdings (MMH); positive net cash position of about £5m as of 30 June 2019
H1 underlying PBT expected to be in line with the board's expectations
Marshall Motor Holdings has announced its pre-close trading statement ahead of its half-year results for the six months ending 30 June 2019. The company delivered strong cash generation during the period according to management and continues to manage working capital robustly and work with its brand partners to control capital expenditure.
Read more...Target Healthcare (THRL); fourth interim dividend of 1.64475p per share declared
The dividend will be paid on 2 August 2019
Target Healthcare has declared its fourth interim dividend today, at 1.64475p per share. The dividend will be the fourth dividend payment for the year ended 30 June 2019, in respect of the period from 1 April 2019 to 30 June 2019. The dividend will be paid on 2 August 2019, with the ex-dividend and record date being 18 July 2019 and 19 July 2019, respectively.
Read more...Circle Property (CRC); NAV per share up 20.43% for FY 2019
Despite a reduction of £0.35m in income due to rents on properties sold
Circle Property in its final results for the year ended 31 March 2019, reported a 16.2% increase in operating profit before gains on investment properties to £3.66m. Earnings per share increased to 53p (2018: 51p), reflecting a combination of operational profit and revaluation gains. The board proposed a final dividend of 3.3p per share, bringing the total annual dividend for the year to 6.3p per share, up 12.5% from the previous year.
Read more...KEFI Minerals (KEFI); 2Q update: Final federal policy consent received from Ethiopian Central Bank
In Saudi Arabia, field work has commenced at the Hawiah Exploration Licence
The Ethiopian government (a part of project consortium) has deployed US$20m for an off-site infrastructure project in the Tulu Kapi District, where Kefi Minerals has an extraction project. The project development plans are focused on commencing production by mid-2021.
Read more...Sports Direct International (SPD); offer update regarding GAME Digital
Sports Direct holds 66,569,666 GAME Shares
On 8 July 2019, at 1:00pm, Sports Direct received acceptance of its previously announced offer for 15.82% of GAME’s existing share capital. Sports Direct already holds around 38.49% of GAME’s share capital.
Read more...appScatter Group (APPS); signs a JV agreement with Interarrows
Interarrows is a Tokyo-based on-demand internet consulting service.
appScatter Group has announced that it signed a joint venture agreement with Interarrows to help expand its Priori Data brand into the Asian market. Interarrows provides on-demand internet consulting services to its clients. This JV will initially base the Priori Data offering and platform in Japan.
Read more...Osirium Technologies (OSI); anticipates revenues at £0.52m
Osirium Technologies released its trading update ahead of the group’s interim results for the six months ended 30 June 2019. Revenue for the period is expected to be £0.52m (H1 2018: £0.46m) with a strong level of deferred revenues at £1.24m (H1 2018: £0.73m), of which £0.46m is expected to be released in H2 2019.
Read more...KEFI Minerals (KEFI); confirms share capital reorganisation
The deferred shares will have no value or voting rights
In its AGM on 28 June 2019, KEFI Minerals passed a resolution approving that each currently issued ordinary share of 1.7p (existing ordinary shares) in the company’s capital will be sub-divided into one new ordinary share of 0.1p (new ordinary shares) and one deferred share of 1.6p (deferred shares). Therefore, with effect from 8 July 2019, each ordinary share will have a nominal value of 0.1p per share.
Read more...Carclo (CAR); issues update and directorate change
The Aerospace and Technical Plastics Divisions continue to perform slightly ahead of expectations
Carclo has issued the following update for the year ended 31 March 2019, ahead of announcing its results on 23 July 2019. As announced earlier, Wipac is working with its customers to implement a plan to refocus the operation on its historic low-volume high-end vehicle market, where it had earlier been financially successful.
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