Sparks Team
20 April 2018 · 3 min read

Scottish Oriental (SST); 1H 2018 results: NAV per share decreased 2.3% in total return terms

Stock up 0.61% to 988.0p at 8:15

In the six months to 28 February 2018, NAV per share underperformed the MSCI AC Asia ex-Japan Index, with total returns of 3.4%, and MSCI AC Asia ex-Japan Small Cap Index, with total returns of 4.2%. Net returns per share decreased to -34.14p for 1H18 compared to 79.04p for 1H17.

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Sparks Team
20 April 2018 · 2 min read

Record (REC); trading update: asset under management declined by 2.7%

Stock down 16.07% to 41.25p 08:05

REC announced that the group’s assets under management equivalents (AUME) declined by 2.7% to $62.2bn as of 31 March 2018. When expressed in sterling, AUME declined by 6.3% QoQ.

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Sparks Team
20 April 2018 · 1 min read

Metals Exploration (MTL); Quarterly update on Runruno: BIOX® achieves 100% design throughput

Mining operations are benefitting from the commissioning of the Tullingan waste dump. Komatsu mining equipment has reached mid-life and requires maintenance. The BIOX® circuit has achieved and is maintaining 100% design throughput, which will facilitate higher gold recoveries.

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Sparks Team
19 April 2018 · 1 min read

Serco Group (SRP); resignation of CFO

Angus Cockburn, Chief Financial Officer, has resigned from the Board of GKN plc with immediate effect.

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Sparks Team
19 April 2018 · 1 min read

ReNeuron Group (RENE); wins £1.5m grant for retinal cell therapy development

RENE receives £1.5m grant award from the UK’s innovation agency, Innovate UK, to advance development of its retinal cell therapy programme for blindness-causing degenerative diseases.

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Sparks Team
19 April 2018 · 2 min read

Trifast (TRI); trading update: underlying PBT slightly ahead, organic revenue up across all regions

Stock up 1.04% to 271.80p 08:09

Group’s underlying PBT was ahead of management expectations for the year ended 31 March 2018. All main regions (ex-US) delivered growth in profits.

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