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FEBRUARY 2019
 
 
 
 
COMPANY NEWS
 

Panther Metals (PALM) has announced the initial results of exploration activity at the Bear Lake project in Ontario. There was gold in soil anomalies at four of the five areas tested. Four areas have quartz vein sample assays above 5g/t gold. Two samples had large grade samples. The next phase of exploration is being planned and could start in the second quarter of 2019.

Property investor Ace Liberty and Stone (ALSP) increased its rental income by one-third to £1.95m in the six months to October 2018. Profit from continuing operations improved from £218,000 to £271,000 and a dividend of 0.83p a share has been announced. Four properties have been purchased since April 2018 and Hume House was sold.

Hydro Hotel, Eastbourne (HYDP) increased its full year profit from £127,000 to £153,000 on turnover 4% higher at £3.66m. There is £1.09m in the bank at the end of October 2018. The dividend was maintained at 21p a share, which is covered 1.2 times by earnings. The strategy is to encourage more direct bookings with the hotel and an online booking system was launched last September. The completion of refurbishment activities has enabled an increase in bookings for weddings. Bedroom refurbishments continue.

Sport Capital Group (SCG) is acquiring Italian football club Palermo for a nominal sum. The deal also includes the project for a new stadium for the Serie B team, which is currently five points clear at the top of the table. Promotion back to Serie A would boost revenue generation and it would also trigger an earn-out payment. There is also potential for more sponsorship and match revenues. There is a plan to raise up to £10m from a bond issue that would be traded on NEX.

Startup Giants (SUG) has commenced a programme to raise up to £3m. There will be an initial share placing to raise £200,000. The company has launched its 2019 accelerator round for pre-seed capital tech entrepreneurs. Funding of up to £100,000 can be received by successful applications.

Coinsilium Group Ltd (COIN) says that its priorities for 2019 are to demonstrate the potential of the blockchain investments that it has and to take advantage of the growing sector. There were record levels of investment in the blockchain sector last year. Management wants movements in the share price to reflect progress rather than the movement of the price of bitcoin, as has been the case in the past year.

NEW ISSUERS
 
 

Altona Energy plc (ANR) is an exploration company focused on the evaluation and development of its significant coal resource exceeding 7 billion tonnes (1.3 billion tonnes historic JORC compliant) in the northern portion of the Permian Arckaringa Basin in South Australia.

 
 

Gamfook Jewellery Plc (GAMF) is a custom jewellery designer and retailer in China offering a range of personalised goods and gifts under the brand name of “Gamfook”. Headquartered in Shenzhen, the hub of China’s gem and jewellery industry, the Group is a recognised brand name in the personalised jewellery sector with an established multi-channel sales network.

 
 

Bruce Pubs plc (PUB) is a recently-formed, wholly-owned subsidiary of Bruce Group Scotland Limited (“Bruce Group”). Bruce Group is a holding company, established in 2002, that owns and/or operates bars in Scotland on a tenanted or managed basis. In order to further expand the Bruce Group’s activities, its directors established Bruce Pubs, which aims to issue up to £20 million of Bonds to investors by way of a bond programme.

 
 
JANUARY MARKET STATISTICS
 
 
NEX Group
  Top 5 Traded by Value
  Security Name Ticker Trades Value (GBP) Volume  
  Barclays Bank plc - Notes NU.P 7 12,562,516 110,000,155  
  National Milk Records plc NMRP 18 2,279,827 2,083,365  
  High Growth Capital plc HASH 205 1,449,489 165,784,509  
  Shepherd Neame SHEP 67 1,120,357 105,268  
  Sativa Investments plc SATI 196 571,034 9,999,070  
 
NEX Group
  NEX Exchange Market Overview
  Market Monthly Volumes (trades) Month on Month Change Value Month on Month Value Change Most Active Security  
  Primary 1,351 223 19,469,308 9,790,811 High Growth Capital plc - 205  
  Secondary 51,981 17,184 303,061,118 86,821,315 LIONSGOLD LIMITED - 4,894  
 
NEX Group
 
NEX Group
  Forthcoming Announcements
  Issuer Event Date  
  Early Equity plc Annual General Meeting 12/02/2019  
  Auxico Resources Canada Inc. Year End Date 28/02/2019  
  Clean Invest Africa Plc Final Results 28/02/2019  
  Sandal plc Interim Results 28/02/2019  
  Field Systems Design Holdings plc Interim Results 28/02/2019  
  First Sentinel plc Final Results 28/02/2019  
  High Growth Capital plc Final Results 28/02/2019  
  Formation Group plc Annual General Meeting 28/02/2019  
 
 
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For more information, go to nexexchange.com
 
NEX Group
 
NEX GROUP: NEX Group plc offers customers better ways to execute trades and manage risk. Our products and services underpin the entire trade lifecycle pre-, during and post-execution. Our electronic trading platforms are industry standards. Customers use our lifecycle management and information services to optimise portfolios, control risk and reduce costs. We partner with emerging technology companies to bring greater efficiency, transparency and scale to the world’s capital markets. NEX is headquartered in London with offices worldwide. NEX. Empowering markets.