News blog
African Potash Ltd
Phil Edmonds shell African Potash Ltd is buying a potash asset in the Republic of Congo.
Plus Markets Group
Plus Markets Group has put itself up for sale.
Manroy
Heavy machine guns supplier Manroy has reported its first annual figures as a quoted company but the real benefits of its recent investments will not show through until the second half of this financial year.
Hangar 8
Passenger jet manager and operator Hangar 8 is taking a 49% stake in a new Malta-based business, which has been awarded an Aircraft Operators Certificate (AOC).
Dillistone Group
Recruitment and executive search software provider Dillistone Group says that 2011 trading was in line with expectations thanks to larger orders from bigger customers.
Byotrol
Anti microbial hygiene technology developer Byotrol says that delays in product launches mean that revenues will not grow as fasted as was hoped in the year to March 2012.
Michelmersh Brick
Brick manufacturer Michelmersh Brick traded in line with expectations in 2011.
Charteris
Business and IT consultancy Charteris says that revenues will be lower in the six months to January 2012.
Westhouse Holdings
Aim adviser Westhouse Holdings has completed the acquisition of Arbuthnot Securities and raised £2.4m at 40p a share.
Avia Health Informatics
Shares in healthcare software developer Avia Health Informatics have slumped from 44p 17.75p following its return from suspension.
Armour Group
Consumer electronic products supplier Armour Group says that its home entertainment division will return to profit in the second half and the new 3D TV without glasses product provides strong potential for the future.
Sopheon
Product innovation software developer Sopheon has confirmed its trading statement at the end of 2011 which admitted that 2011 revenues would be lower than previously expected.
LPA Group
LPA Group has won a £600,000 contract from Siemens to supply LED lighting for Warsaw Metro trains.
Lead All Investments
The flotation of cash shell Lead All Investments has been put back by one day to 8 February.
Synchronica
Myriad Group AG has tabled an offer for Synchronica even though it has not yet come to an agreement with the board of the mobile messaging products supplier.
IndigoVision Group
IP video security systems supplier IndigoVision Group says that although first half revenues are slightly lower they are 5% higher than the second half of last year.
New World Oil & Gas
New World Oil & Gas says that it intends to raise $35m.
Tricor
Former director Darren Ridge has provided a £150,000 working capital facility for cash shell Tricor to help it while it assesses potential reverse takeover candidates.
Environ Group (Investments)
Environ Group (Investments) is appointing Cork Gully as its administrator.
Teliti International Ltd
IT and datacentre services provider Teliti International Ltd says that delays in the supply of equipment mean that the first phase of datacentre operations will be delayed for three months.
Copper Bay
Chile-focused copper tailings reclamation firm Copper Bay plans to raise £10m and join Aim on 13 February.
Servoca
Market conditions in public sector recruitment remain tough and Servoca has not been immune in the year to September 2011.
Ultimate Finance Group
Invoice discounting and factoring services provider Ultimate Finance Group has raised £1m at 13.4p a share.
John Swan & Sons
Livestock auctioneer John Swan & Sons is trading at a 60% discount to its net asset value.
Best of the Best
Competitions organiser Best of the Best slipped into loss in the first half because of the loss of contribution from the former BAA sites.
Lees Foods
Macaroon bars and coconut snowballs maker Lees Foods is getting a £500,000 refund from HM Revenue & Customs.
Arden Partners
One of the original backers of Aim adviser Arden Partners has more than doubled his stake to 11.6%.
Autologic
Guinness Peat has sold its 26.2% stake in automotive support services provider Autologic to Invesco.
Silence Therapeutics
Richard Bernstein of Aim-quoted investment companies Eurovestech and Crystal Amber has bought more shares in biotech Silence Therapeutics.
Atlantic Global
Resource management software developer Atlantic Global is recommending a 22p a share cash bid by KeyedIn (UK).
Sigma Capital Group
Asset manager Sigma Capital Group says that its 2011 figures will be in line with expectations
AI Claims Solutions
Outsourced services provider Quindell Portfolio has acquired a 29.9% stake in motor claims management services provider AI Claims Solutions from three individual shareholders.
Datong
Surveillance technology supplier Datong has not infringed a competitor’s patent and the costs of the litigation will be less than the £300,000 provision made in 2009.
Leed Petroleum / Gledhow Investments
Plus-quoted Gledhow Investments is the latest investor to make a quick profit on its stake in Leed Petroleum.
Lead All Investments
Lead All Investments is the latest shell planning to join Aim.
Proventec
Shares in Proventec declined by one-third after the steam cleaning equipment supplier said it wants leave Aim.
Zetar
Confectionery and snacks manufacturer Zetar improved its interim profit by selling more higher margin confectionery but Easter orders are disappointing.
i-design
House broker Arbuthnot believes that i-design has the ability to build significant revenue streams from software licences and advertising over the next five years.
Scotty Group SE
Communications equipment and technology developer Scotty Group SE says that negotiations on contracts have not been finalised so 2011 figures will be disappointing.
Viridas / Leed Petroleum
Viridas has made a quick turn on its Leed Petroleum stake and banked a profit of nearly £2.4m.
Sanderson Group
Enterprise software provider Sanderson Group has sold its Sanderson RBS business to Torex Retail for £11.75m and this will pay off all of the company’s borrowings.
Environ Group (Investments)
Environ Group (Investments) has asked for its shares to be suspended because of its poor financial state and it has postponed the general meeting to vote on the proposed cancellation of its Aim quotation.
TEG Group
Waste composting plants operator TEG Group has received interest from potential bidders.
JSJS Designs
Home automation systems supplier JSJS Designs made a maiden first quarter profit in three months to December 2011.
John Lewis of Hungerford
Upmarket kitchens installer John Lewis of Hungerford says trading conditions were tough over the Christmas period.
Finsbury Food Group
Cakes and speciality bread maker Finsbury Food Group achieved sales of more than £100m in the six months to December 2011 but margins are coming under pressure from higher commodity prices.
Silence Therapeutics
Richard Bernstein of investment company Eurovestech has increased his stake in Silence Therapeutics to more than 3%.
Inspired Energy
Inspired Energy has reported 30% growth in second half revenues.
IndigoVision Group
Scottish Equity has decided not to go ahead with a bid for IndigoVision Group.
Somero Enterprises Inc
Somero Enterprises Inc says trading in December was strong and trading for 2011 was slightly ahead of expectations.
Adventis
Marketing services provider Adventis Group has cut debt levels and is concentrating on its two remaining technology-focused operations which have recently won a significant contract.
InfraStrata
Gas storage developer and oil and gas explorer InfraStrata has signed up BP as its partner for its Northern Ireland gas storage project.
SciSys
IT services provider SciSys says that it improved its operating margins in 2011.
Judges Scientific
Scientific instruments supplier Judges Scientific says that adjusted earnings per share for 2011 will be higher than market consensus.
Biome Technologies
Bioplastics company Biome Technologies says that 2011 revenues increased by more than 40%.
ProPhotonix Ltd
LED light engines and laser diodes manufacturer ProPhotonix Ltd says that trading was mixed in the fourth quarter but its 2011 figures will be in line with expectations.
NetDimensions (Holdings) Ltd
AIM-quoted investment company Eurovestech has taken advantage of the share price strength in NetDimensions (Holdings) this month to sell 1m shares.
Robinson
Plastic packaging manufacturer Robinson says that its 2011 figures will show profit improvement from continuing activities plus one-off gains from the disposal of the paperboard operations.
Driver Group
Project and construction dispute services provider Driver Group returned to profit in the year to September 2011 and it has started paying dividends again.
Altitude Group
Software firm Altitude Group’s agreement with EmbroidMe should be worth around £230,000 ($360,000) a year once it is fully rolled out.
Pressure Technologies
Pressure Technologies has won a £1m contract to supply and install upgrading equipment for the UK’s latest project injecting gas from renewable waste resources into the national gas grid.
Crawshaw Group
Meat and deli products retailer Crawshaw Group says that sales have started to recover.
Westminster Group
Shares in Westminster Group rose 44% to 11.5p after the security systems and products supplier reported a 260% increase in revenues in 2011.
TXO
Oil and gas investor TXO has provided a £50,000 convertible loan facility to East African Oil Company (EAO), where TXO chairman Tim Baldwin is a director and shareholder.
Plastics Capital
Plastic components manufacturer Plastics Capital traded in line with expectations in third quarter.
EPE Special Opportunities
Investment company EPE Special Opportunities says that it will receive £2.4m from the administration of retailer Past Times.
Porta Communications
Marketing services provider Porta Communications has acquired a second small financial PR firm.
Media Corporation
Online gaming and advertising services provider Media Corporation has grown its revenues and the Eyeconomy advertising business moved into profit.
NetDimensions (Holdings) Ltd
E-learning software supplier NetDimensions (Holdings) Ltd says that 2011 revenues and profit will be ahead of expectations because of a strong fourth quarter.
Camco International
Camco International is selling its profitable UK advisory business to Baxi Partnership for up to £4.5m.
Motive Television
Motive Television says that its broadcast TV technology is being used in 300,000 homes in Italy through broadcaster Mediaset and the first potential customer in the US is about to test the technology.
Synchronica
Mobile messaging services developer Synchronica says that, thanks to cost cutting, it made an EBITDA profit in November and December.
Fuse 8
Mark Walton and Andy Hutchison intend to buy the Fuse 8 digital marketing business from the eponymous company which recently left AIM.
Hot Tuna International / Concha
Hot Tuna International is selling the trademarks and assets of its eponymous surf wear brand to Brands Holdings, a subsidiary of Sports Direct International, for £950,000.
ReThink Group
Recruitment firm ReThink Group has continued to prosper and its profit doubled in 2011.
Cyprotex
Drug discovery services supplier Cyprotex increased revenues by more than 30% thanks to strong performances in the UK and US.
Adventis
Marketing services provider Adventis has sold another of its subsidiaries and it intends to focus on its technology division.
Belgravium Technologies
Belgravium Technologies says that trading was stronger second half than in the first half.
Coburg Group
Coffee distributor Coburg Group is selling its business and becoming a shell.
Westhouse Holdings / Arbuthnot
Aim adviser Arbuthnot Securities lost £8m in 2011.
Swallowfield
Western Selection has got what it wanted with the appointment of Stephen Boyd as chairman of personal care and household products supplier Swallowfield.
Ilika
Materials technology developer Ilika continues to progress in its main areas but solid state battery technology could become a major focus for the business.
Qihang Equipment Company Ltd
China-based capital equipment manufacturer Qihang Equipment Company Ltd is spending up to RMB35m (£3.6m) on acquiring Zhenjiang Anda Coal Mine Special Equipment Co Ltd (Anda).
Hydrogen Group
Recruitment firm Hydrogen Group increased net fee income by 9% in 2011.
dotDigital Group
Digital media services provider dotDigital Group says that revenues grew 30% in the six months to December 2011.
Manganese Bronze
Black cab maker Manganese Bronze says that fourth quarter taxi sales were lower and it will not make a profit in 2011.
Instem Life Science Systems
Healthcare IT firm Instem Life Science Systems says that fourth quarter trading was mixed because contract research organisations are delaying orders.
Zenergy Power
Zenergy Power is pushing ahead with its plans to refocus on magnetic fault current limiter (mFCL) products.
Akers Biosciences Inc
Diagnostic products developer Akers Bioscience Inc says that a delayed order means that 2011 revenues were more than one-third lower than expected.
Pan Pacific Aggregates
Canadian quarry operator Pan Pacific Aggregates is negotiating additional borrowing facilities and considering a 100-for-one share consolidation the narrow the share price spread.
Japan Leisure Hotels
Shareholders in former Aim company Japan Leisure Hotels Ltd are set to receive a further 0.8p a share from its liquidator.
InfraStrata
InfraStrata has been offered an exploration licence near to the Wytch Farm oil field.
Camco International
Broker Singer has sharply downgraded its forecasts for Camco International, a developer of greenhouse gas emission reduction and clean energy projects, following yesterday’s trading statement.
Synchronica
Mobile messaging services developer Synchronica has been approached by Switzerland-quoted Myriad Group.
Coms
MXC Capital, the technology consultancy run by Ian Smith and Tony Weaver, has taken a 23.3% stake in internet telephony services supplier Coms.
AEC Education
Asia-focused educational courses provider AEC Education says that Naresh Malhotra is leaving the board.
ViaLogy
Oil and gas exploration technology developer ViaLogy is still finding it difficult to generate revenues and it will require “additional resources”.
Landkom International
Ukraine-focused agricultural company Landkom International has rejected an increased offer from Jersey-based JadenFinch Ltd.
Waterline
Kitchen equipment and accessories supplier Waterline is the subject of a bid three years after leaving Aim.
Hot Tuna International
Hot Tuna international, which plans to sell the eponymous surf wear brand and turn itself into a shell, reduced its loss last year even though revenues more than halved.
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