Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on ILIKA PLC. We currently have 20 research reports from 4 professional analysts.
|23Nov16 07:00||RNS||Trading update|
|20Oct16 02:59||RNS||Holding(s) in Company|
|18Oct16 11:45||RNS||Holding(s) in Company|
|18Oct16 10:10||RNS||Holding(s) in Company|
|17Oct16 02:43||RNS||Result of General Meeting|
|30Sep16 07:00||RNS||Posting of Circular|
|29Sep16 03:10||RNS||Result of AGM|
Frequency of research reports
Research reports on
24 Nov 16
"The Autumn Statement, as expected, contained little in the way of surprises. Even the proposed ban on letting agents charging tenants fees had been leaked beforehand, meaning the small basket of UK-quoted estate agents were hit from first thing, while later on housebuilders ran into profit taking due to unrealistic expectations of a relaxation in stamp duty on premium properties not being delivered along with the lack of detail regarding the funding policy for new housing. But if there was a message, it was that the nation's public finances have not been fixed, with borrowings heading for a painful 90% of GDP next year. That aside, Hammond's £23bn spending plan, which is due to be injected through a so-called National Productivity Investment Fund, is his effort to improve efficiencies and counter an expected Brexit-inspired slowdown, of which the OBR projects could cost as much as £66bn in the £220bn larger than previously expected government debt by the end of this parliament. With this providing little inspiration, however, traders are likely to seek their lead from the overnight markets which saw the USS surge higher on strong durable goods data, leading both the Dow Jones and S&P-500 to new record highs as a split amongst FOMC officials raised expectations of a December hike one notch further. Asia by comparison was mostly fractionally down, with only the Nikkei, which was playing catch up following yesterday's Labour Thanksgiving Day holiday, rising around 1%. All this spells for a rather lacklustre European opening, with the FTSE-100 seen putting in a rise of five points or so early trading. Macro releases from the UK include BBA statistics, while the ECB's financial stability review is also due. UK corporates due to report earnings or trading updates include Countryside (CSP.L), Hornby (HRN.L), HSS Hire (HSS.L), Imaginatik (IMTK.L), Marston's (MARS.L), Mothercare (MTC.L), Pets at Home (PETS.L) and Severn Trent (SVT.L). Daily trading is expected to be relatively light given that the US markets are closed for Thanksgiving, although market watchers will be intrigued by any further media comment following suggestions contained within the FOMC minutes that alternatives to national benchmark rates were being discussed." - Barry Gibb, Research Analyst
Positive trading update including £1.4m of post-period solid-state battery grants
23 Nov 16
Ilika released a positive trading statement this morning for the period to October 2016 ahead of its FY17 interim results, scheduled to be announced on January 7 th 2017. Excellent post-period events include the intent to award Ilika 3 solid-state battery development grants aggregating £1.4m, and a likely $1m materials development contract from an existing blue-chip OEM customer. The OEM development contract is in a non-battery application area, and demonstrates that as well as its focus on solid-state battery commercialization, Ilika’s core commercial materials development engine across a number of hightech sub-sectors continues to function well. Ilika expects all these programs to begin before the full year end in April, and we leave our forecasts unchanged.
Ilika successfully raises £6.3m in preparation for full commercialisation of Stereax™ solid-state battery technology
18 Oct 16
Yesterday’s announcement by Ilika that the successful £6.3m (circa $8m) equity fundraise has been approved at EGM is excellent news for the company. The capital raise is the next key step in the commercialisation of its world-class, Stereax™ solid-state battery technology. It provides the necessary balance sheet strength to give management the chance to maximise value for llika and its shareholders ahead of key OEM partner engagement negotiations for the full commercialisation of its state-of-the-art platform. The very low leakage currents, high energy densities and extended life spans of Ilika’s solid-state platform, compared to incumbent lithium ion based technologies, make it an excellent fit for small scale (1mm2 ), elevated temperature and energy harvesting sensor technologies. Examples of such are internet of things (‘IoT’), bio-electronic and transport applications
Ilika receive £365k award to finance Johnson Matthey led Lithium Sulphur battery development program
16 Aug 16
Ilika’s announcement this morning that it has been selected as a key technology partner in an Innovate UK funded, Johnson Matthey (“JM”) led program, to develop advanced anodes for Lithium Sulphur batteries is extremely positive. As well as a modest cash injection for Ilika, the announcement is relevant for the following reasons:
30 Nov 16
Abzena (ABZA): Interim results indicate happy customers (BUY) | Horizonte Minerals* (HZM): Fund raise completed (CORP) | SacOil* (SAC): Half-year trading statement (CORP) | Revolution Bars (RBG): New openings (BUY) | Amino Technologies* (AMO): Multi operator FUSION roll out (CORP)
Small Cap Breakfast
29 Nov 16
Asia Pacific Investment Partner - the research-driven emerging and frontier markets real estate development business intends to float on AIM and conduct a placing in December RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m Diversified Oil & Gas— Schedule One now out. $60m to be raised. Expected admission 6 December. Creo Medical Group —UK based medical device company focused on surgical endoscopy, a recent development in minimally invasive surgery. Admission due 7 December. Fundraising details TBA.
GTL transaction not going ahead
01 Dec 16
Intelligent Energy (IEH) has announced that the deal to acquire the Energy Management Business of GTL will not now be consummated. The move leaves management free to concentrate on driving sales of commercially ready B2B products, which is a key element of its strategy. We adjust our FY17e revenue estimate while leaving our pre-exceptional losses and cash-flow forecasts unchanged.
01 Nov 16
Since our last outlook note, Quadrise has begun to supply MSAR for extended LONO sea trials, paving the way for commercial adoption from calendar H217 onwards. In August it signed a memorandum of understanding with clients in the Kingdom of Saudi Arabia (KSA), which is a key enabler for progressing the production-to-combustion pilot there. In October it completed a placing and open offer raising a total of £5.25m (gross). This should enable it to transition comfortably to the commercial phase on successful completion of the LONO and KSA trials.
24 Nov 16
Quixant* (QXT): Gaming gains (CORP) | SCISYS* (SSY): Bringing good news from Germany (CORP) | Hayward Tyler Group*: Contract wins (CORP) | Sound Energy (SOU): TE-7 flow rate and fund raise (BUY) | Water Intelligence* (WATR): Growth and improving returns in a defensive market (CORP) | Imaginatik* (IMTK): Interim trading update (CORP)