Optos eyes expansion routes SPECULATIVE BUY 06/07/2010
Retinal imaging specialist Optos plans to push into new markets after a first-half turnaround to $1.8m (£1.2m) pre-tax profits.
Retinal imaging specialist Optos plans to push into new markets after a first-half turnaround to $1.8m (£1.2m) pre-tax profits.
After halved annual profits of $1.2m (£0.8m), US pipe-maker Turbotec Products is hoping for an upturn in the American housing market.
Biopharmaceutical hopeful Medgenics claims it has made progress in clinical trials for its 'Biopump' protein delivery technology.
Having suffered a sharp decline in demand in late 2008, to which the AIM-listed concern responded with a timely restructuring and other cost-saving initiatives, optical components and systems maker Gooch & Housego (G&H) is now experiencing exceptionally buoyant demand for its products across a variety of sectors that are leading the recovery.
Albert Ellis, Harvey Nash’s CEO, is bullish that the IT recruiter’s fortunes are now turning around and that it will achieve the 20 per cent growth in earnings that house broker Numis forecasts for the current financial year.
Queen’s University spin-out Andor Technology, set up in 1989, is a high-growth play on the constant need for investment in advances in science.
More than any other company, with the exception of gold miners, pawnbroking business Albemarle & Bond (A&B) is raking in the cash due to the near quadrupling of the gold price over the past five years.
Yacht services company YCO Group is sailing towards recovery as revenues improve amid a recovery in the luxury boat business.
Pan African Resources claims a potential gold resource of 2.4m oz for its Barbeton Mines subsidiary in South Africa, including 506,000 oz at the Royal Sheba prospect.
Following three years of losses, Scottish internet services group iomart swung back into the black last year, an impressive turnaround that reflected the execution of a canny strategic plan put into effect by ambitious CEO Angus MacSween.
Drug discovery outfit e-Therapeutics claims 'great progress' in development despite a 15% increase in annual losses to £2.25m.
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Central Asian gold producer Anglo Asian Mining has turned a $2 million (£1.28 million) interim loss into $6.2 million first-half pre-tax profits.
Legal fees and related insurance and services specialist Abbey Protection has increased first-half pre-tax profits 9.3 per cent to £4.7 million.
'Green' food safety and life sciences group PuriCore targets monthly profits by late 2011 after trimming first-half losses to $5.1 million (£3.3 million).