Avocet targets growth after setback 18/03/2010
Gold producer Avocet Mining hopes its Wega acquisition will take 2010 group output to 200,000 oz after a flat nine months.
Carlyle eyes Filtronic
Depressed wireless electronics group Filtronic has attracted the attentions of £40 billion US private equity player Carlyle Group.
Prompted by an up-tick in fully listed Filtronic’s share price, Carlyle says it is ‘reviewing its options’ in respect of Filtronic, which ‘could include an offer’. The company, whose interim profits plunged from £75.8 million to £900,000 following the disposal of hefty divisions, said last month its remaining business ‘remains satisfactory’ and pointed out that it had £114 million cash after selling its Compound Conductors subsidiary.
Filtronic shares, which slumped from 291.5p to 59.5p between 2005 and earlier this month, have perked up to 77.5p on Carlyle’s expression of interest, at which level the company is valued at £57.2 million.
Growth Company Investor subscribers have full access to all our AIM and small-cap share recommendations. To subscribe today with a half-price offer, and gain immediate access to all the recommendations, click here.
- Reduce text size Decrease text size
- Increase text size Increase text size
- Print article Print
- Share this article Share
- Email article to a friend Email
Subscribe today
£7,277 That’s what you would have in your portfolio if you had invested £6,000 into the six Company Watch recommendations in our April 2009 issue.
Advertisement
AIM in Review 2010
Growth Company Investor, in association with the London Stock Exchange, presents the most wide-ranging and detailed examination of the AIM market: AIM in Review 2010. For more information and to order, click here or contact our marketing team on 020 7250 7056.
Directors' Pay on AIM 2009 – a Growth Company Investor publication in association with Deloitte
The report reveals the top-earning chief executives and remuneration levels at AIM's most profitable and fastest-growing companies. It also examines constituent parts, including basic salary, bonus, pensions, benefits and share-based payments. To order click here.
Free – Latest Stock Recommendations
Free access to the latest AIM stock recommendations and news from the award-winning Growth Company Investor team. Receive our tips on what stocks to buy direct to your inbox every Tuesday and Friday. Find out more today.
Select your level of risk and we select the funds
Cautious? Positive? Adventurous? Choose between three levels of risk for a fund of funds from Sharefunds, our sister company. Click here for more information.
The AIM Guide 2009/10
The brand new, fully updated AIM Guide 2009/2010 is now available to purchase. AIM Guide is the only fully comprehensive guide to AIM and is regarded as 'must-have' for any serious investor or professional interested in the market for young, fast-growing companies. Order your copy today and benefit from a £10 discount!
VCT Special Report 2009
This report's principal aim is to provide business owners seeking funding with information about the amount of funds that VCTs have to invest. Click here for more information.
Cash Shells Special Report 2009
Business XL, the award-winning monthly magazine for growing companies, is delighted to announce the launch of a new study on cash shells. The research provides a comprehensive overview of cash shells on AIM, companies that have become a significant feature on the AIM landscape. Buy the Cash Shells 2009 Research Report today or email Halid Delkic to obtain a free two-page abstract.
Latest small-cap and growth company news
Daily coverage of small-cap company stocks on London's junior markets AIM and PLUS, breaking news, stock research and latest share price information for investors. Full sector coverage with all the latest news on smaller listed companies, updated several times a day with financial reports, trading statements and links to further web resources.
Popular News
Aim
Boardroom Moves
Breaking-even
Buy/hold
Cash
Commodities
Credit Crunch
Deals & Contracts
Debt
Defensive
Director Dealing
Dividends
Downgrades
Emerging Markets
Full List
Fundraisings
Gold
Growth Stocks
Mergers & Acquisitions
Mining
New Issues
Penny Shares
Plus Markets
Profit Warnings
Renewables
Restructuring
Sell/avoid
Speculative Punts
Technology
Turnaround
Undervalued
Advertisement
Latest News
New hope for China Evoline 18/03/2010
AIM shell China Evoline is understood to be contemplating the injection of some Chinese mining assets.
Interim progress at Ultimate Finance 18/03/2010
Small and medium sized company financier Ultimate Finance has increased first-half profits 36 per cent to £191,000 pre-tax.
Sectors
Aerospace & Defence
Alternative Energy
Automobiles & Parts
Banks
Beverages
Chemicals
Construction & Materials
Electricity
Electronic & Electrical Equipment
Equity Investment Instruments
Fixed Line Telecommunications
Food & Drug Retailers
Food Producers
Forestry & Paper
Gas, Water & Multiutilities
General Financial
General Industrials
General Retailers
Health Care Equipment & Services
Household Goods
Industrial Engineering
Industrial Metals
Industrial Transportation
Leisure Goods
Life Insurance
Media
Mining
Mobile Telecommunications
Nonequity Investment Instruments
Nonlife Insurance
Oil & Gas Producers
Oil Equipment, Services & Distribution
Personal Goods
Pharmaceuticals & Biotechnology
Real Estate
