Previously writing on early stage financial services businesses investor B.P. Marsh & Partners (BPM) last month with the shares at 302p we concluded that they were still a Buy ahead of results for its half-year ended 31st July 2022. The shares previously closed at 284p but are now 304p on the back of the results.
Shares in Amaroq Minerals (AMRQ), formerly AEX Gold (AEXG), were above 40p in August before recently falling back to below 35p. They’re now back above 35p and we look for further recovery on upcoming news flow and sentiment improving.
B2B video streaming technology company Aferian (AFRN) has announced results for its half year ended 31st May 2022 and confidence in second half prospects.
Thungela Resources (TGA) has announced results for the first half of 2022, noting “profit for the reporting period of R9.6 billion in a volatile operating environment (H1 2021: R351 million)”. This has currently helped the shares up to around 1500p, so how does the value look now?
GSK plc (GSK) has announced a “slightly better than expected” first-half performance, and the shares have responded up to 1755.8p.
OptiBiotix Health (OPTI) has announced an update on recent scientific and commercial activities, emphasising it is “increasing the range of products, applications, and territories creating the potential to open larger market opportunities”.
Structural steel company, Severfield (SFR), has announced results for the year ended 26th March 2022. Its growth strategy, the company claims, is delivering a record order book, with a broad diversity of sectors, geographies and clients, providing good earnings visibility through 2023 and beyond.
AEX Gold (AEXG) has announced a new joint venture - in which it will have a 51% holding - for its 'strategic minerals' assets, which will see an £18 million (circa Canadian $28.5 million) cash injection. This leaves AEX's gold 100%-owned, and just refers to non-gold assets that most folks - ourselves included - had valued at SFA. Suddenly, they are worth £18-28 million. Game changer?
AEX Gold (AEXG) has announced first-quarter results, emphasising that its strategy remains to bring the Nalunaq gold project back into production, and use it as a platform for strategic mineral assets in Greenland.
Shares in equipment rental company Vp plc (VP.) closed at 820p before the latest news. However, they are now up to 940p on news that it is now considered “appropriate to investigate the sale of the company and is therefore launching a formal sale process”. So what now?
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