News blog
Advanced Power Components
- BY: Andrew Hore |
- POSTED: 15/10/2008 |
- COMMENTS: Add yours
St Helen’s Capital says that last year’s acquisitions will boost this year’s profits of Advanced Power Components.
The specialist electronic components distributor recently replaced Seymour Pierce with Stand Partners as nominated adviser and St Helen’s Capital as broker.
St Helen’s Capital estimates that pre-tax profits will improve from £510,000 to £680,000 in the year to August 2008.
Last year’s acquisitions will add £4m of annual revenues and £425,000 of pre-tax profit. However, the first half’s trading of the rest of the group will be weak. There may also be some softening of margins.
At 13.5p a share, APC is valued at £3.01m.
St Helen’s Capital forecasts an increase in profits to £750,000 in this financial year. Earnings per share will be lower than in 2007-08 because APC will start to pay tax. The shares are trading on just over five times estimated earnings for 2008-09. The net asset value is 21.9p a share.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Geong International Ltd
Geong International Ltd says that it considered a Hong Kong listing but it has no intention of moving ahead with this.
1PM
Asset finance provider 1PM has secured £700,000 of additional funding from two separate loans.
African Land
African Land is the latest agricultural business planning to join Aim.
Fiske
Broker Fiske says its second quarter trading was disappointing and it expects markets to continue to be lacklustre.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|