Quindell signs five-year deal 22/05/2013
Software outsourcing specialist Quindell Portfolio (LON:QPP) has signed a five-year deal with a UK motor insurer, initially worth £3.5 million.
Interim loss at Amberley
AIM-quoted refugee from the Full List, Amberley Group, the former speciality mineral and chemical outfit now a shell company run by French entrepreneur Guy Naggar, lost £68,000 in the six months to October and is continuing to 'search for opportunities to create significant shareholder value in the long term'. Robert Tyerman reports.
Amberley, which raised £1 million at 10p plus warrants in August, says its net asset value at the end of October was £2.45 million, or 6.95p a share, including £2.3 million cash. In late October, the company bought contracts for difference over ten million shares in fully listed fibres, umbrellas and wall coverings group Chapelthorpe at an average price of 18.9p a share, against today's 20p.
Naggar says Amberley has looked at 'a number of potential investments, in both the public and private arena' and promises that 'shareholders will be kept informed of any major developments'. Positive news would be welcome indeed for investors who have seen the shares halve to 12p since 2000.
Beat the market
1. View our terms and conditions here
Advertisement
Popular News
Acquisition
Acquisitions
Aim
Aim Market
Boardroom Moves
Breaking-even
British Technology
Cash
China
Commodities
Credit Crunch
Deals & Contracts
Debt
Dividend
Emerging Markets
Full List
Fundraisings
Gold
Growth Company
Growth Stocks
Loss Making
Main Market
Mergers & Acquisitions
New Issues
Penny Shares
Placing
Plus Markets
Profit Warning
Restructuring
South Africa
Speculative Punts
Technology
Trading Update
Turnaround
Undervalued
Advertisement
Latest News
Magnolia adds 11 wells 21/05/2013
US-focused oil and gas explorer Magnolia Petroleum (LON:MAGP) has decided to participate in another 11 wells across North Dakota and Oklahoma.
Quixant joins AIM 21/05/2013
Supplier of computing platforms for gaming and slot machines Quixant (LON:QXT) has joined London's junior market.
Xcite sells data 20/05/2013
North Sea-focused Xcite Energy (LON:XER) will sell off data worth US$15 million (£9.9 million) regarding its Bentley 9/03b-6, 6Z well.
Vatukoula takes £4.5m investment 20/05/2013
Fiji-focused Vatukoula Gold Mines (LON:VGM) will receive £4.5 million from SCD Energy in exchange for a 19.2 per cent stake in the company.
Snoozebox to restructure 17/05/2013
Shares in temporary hotel company Snoozebox Holdings (LON:ZZZ) tumbled after it was announced the business will undergo a reorganisation.
