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Fiske

  • BY: Andrew Hore |
  • POSTED: 09/02/2012 |
  • COMMENTS: Add yours

Broker Fiske says its second quarter trading was disappointing and it expects markets to continue to be lacklustre.

Even so, Fiske is confident enough to maintain its 2p a share interim dividend.

Total revenues fell from £1.82m to £1.56m in the six months to November 2011. Pre-tax profit slumped from £369,000 to £152,000. There was a small cash inflow that more than covered the cost of the previous dividend. There is £3.5m in the bank. 

At 60p a share, Fiske is valued at £5.08m.

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