Event in Progress:
Discover the latest content that has just been published on Research Tree
Crossword Cybersecurity PLC* (NEX:CCS)—the technology commercialisation company focusing exclusively on the cyber security sector is exploring its options in relation to a potential move to the AIM market of the London Stock Exchange which, if it were to proceed, would likely take place over the next few months.
Path Investments (PATH) -RTO of a 50 per cent. participating interest in the producing Alfeld-Elze II gas field located 22 kilometres south of Hannover in Germany. Offer TBA. Due late
Companies: NQMI BRSD MSYS C21 SRES RDT BIOM SML FIF PEL
Avast, global cybersecurity provider with 435m users worldwide. In 2017, the Group's Adjusted Billings was $811 million, Adjusted Revenue was $780 million, Adjusted Cash EBITDA was $451 million. Seeking to raise $200m. Due in May | Fundamentum Supported Housing REIT. Raising £150m. Focussed on UK Social Housing assets. Due 2 May | Vivo Energy—retailer and marketer of Shell-branded fuels and lubricants in Africa, Due in May. 100% secondary sell-down of existing Shares by Selling Shareholders, No
Companies: TAM SYS D4T4 PEL ECHO BXPHAR PAT HW/ DRV HARL
See what equity research was trending this week...
AIM-listed firm saw revenue grow 70% and gross profit jump 91% to £3.76m
Companies: Paragon Entertainment
Global Ports Holding—Intention to float on Standard List. International cruise ports operator. Seeking $250m raise including $75m primary offer.
Dorcaster—Schedule One Update. Admission now expected 3 May. RTO of Escape Hunt raising £14m at 135p
Verditek— Intention to float on AIM. On Admission, the Company's subsidiaries will be involved in advanced solar photovoltaic, filtration and absorption technologies specialising in providing environmental services. Raising £3.5m. Admission in May.
Companies: BRH DELT SDG PEL AHCG REDX EBQ OTC
RM2 International (RM2.L) | Avacta Group (AVCT.L) | Franchise Brands (FRAN.L) | Sprue Aegis (SPRP.L) | Firestone Diamonds (FDI.L) | Paragon Entertainment (PEL.L) | Amur Minerals Corp (AMC.L) | Edenville Energy (EDL.L) | Concurrent Technologies (CNC.L) | URU Metals (URU.L)
Companies: FRAN FA/ GYF1 AMC CNC PEL AVCT EDL URU RMISF
7DIGITAL GROUP PLC (7DIG LN) | AMRYT PHARMA PLC (AMYT LN) | GATELEY HLDGS PLC (GTLY LN) | REAL ESTATE INVESTORS (RLE LN) | STATPRO GROUP (SOG LN) | STRIDE GAMING PLC (STR LN) | TERRA CAPITAL PLC (TCA LN) | WATCHSTONE GROUP PLC (WTG LN)
Companies: WTG STR SOG RLE GTLY 7DIG PEL AMYT
Research Tree provides access to ongoing research coverage, media content and regulatory news on Paragon Entertainment.
We currently have 5 research reports from 1
Weekly round-up of AIM-listed healthcare news.
Venture Life Group, GENinCode, Kromek, Alliance Pharma, Polarean Imaging, Benchmark Holdings, Ondine Biomedical, Verici Dx, Faron Pharmaceuticals, Avacta Group, Abingdon Health, Open Orphan, Belluscura, Hutchmed (China), Oxford Biodynamics
Companies: ANIC RUA CREO GENI HEIQ IHC IXI IUG OPTI SBTX VAL VLG
Companies: ARB D4T4 FTC GHH HAYD ORPH PHTM
Vertu has released an AGM Trading update that communicates a continuation of the strong trading announced on 11 May. The trends of constrained supply and high margins continue. We leave forecasts unchanged today, but this positive update for the first third of FY23 helps to underpin our full year forecasts.
Companies: Vertu Motors PLC
Results met previously downgraded expectations. Despite the challenges, including disruption from Brexit and weak performance in Europe (c45% of sales), profitability remains well above pre-covid levels (6% EBITDA margin) and it has a strong pipeline of exciting growth initiatives landing this year. So, although downgrades have disappointed and triggered a de-rating, this is far from the end of the story. On good execution these initiatives will bolster G4M’s long term potential and open up a pa
Companies: Gear4music (Holdings) PLC
Singer Capital Markets
We initiate coverage of Hostmore with a 125p share target price, implying 279% upside. Hostmore has been spun out of Electra Private Equity like an unwanted orphan into a market that’s not interested in consumer stocks at present. The PLC is unknown and unloved with a share register that is more reflective of its past rather than its future. Yet it has the exclusive UK franchise for one of the most iconic, well-known and loved restaurant brands in the UK – Fridays. Add to the recipe a capable ma
Companies: Hostmore PLC
Companies: Marks and Spencer Group plc
BOTB prelims were slightly ahead of our forecasts, which we recently raised post the May trading statement. Trading continues to normalise despite the uncertain consumer outlook, driven by constant fine-tuning to changing market conditions. BOTB also declared a 6p/share (£0.565k) final dividend and a £6.275m return of capital via tender offer, equivalent to 66.7p/share; and 72.7p and £6.84m combined. We have increased our EPS (Dil. Adj.) forecasts by 23% to 53.9p from 43.9p for FY23E, and by 21%
Companies: Best of the Best plc
Companies: Tortilla Mexican Grill Ltd.
Brighton Pier Group (BPG) has released a trading update, confirming it continues to trade in line with market expectations for FY22E. We have already upgraded our numbers twice this year; the latest of which occurred in March 2022. Given the sharp deterioration in the UK (and global) economic outlook seen since then, with inflation continuing to rise and consumers facing a ‘cost of living crisis', we consider the fact that BPG continues to trade in line with expectations as an impressive achieve
Companies: Brighton Pier Group Plc
Companies: Hostmore PLC (MORE:LON)Xeros Technology Group (XSG:LON)
Next published good FY21/22 figures, exactly in line with the updated guidance (6 January) and consensus.
However, the group cut its guidance for FY22/23 (February 2022-January 2023) due to the suspension of activity in Ukraine and Russia and the inflationary environment.
We believe the limited guidance downgrade is a wake-up call to the non-food retail sector; the uncertain consequences of the Russian-Ukraine conflict will not be limited to the losses from the temporary suspension of their ac
Companies: Next plc
G4M delivered FY22 results slightly ahead of guidance in the April post-close trading update, with EBITDA some £0.2m better at £11.2m. FY22 results were down on the exceptional FY21 but show strong progress over FY20, better reflecting the underlying growth trajectory. In light of recent acquisitions, planned enhancements and service additions to its proprietary trading platform, and its prescient investment in inventory ahead of inflationary pressures, G4M’s business model is set fair to delive
Progressive Equity Research
This morning's results illustrate a robust performance in a challenging time for the wider sector, this reflects the strength of the Various Eateries concepts and structural changes taking place across the industry. We anticipate the new site pipeline will continue to build and that management's experience will be key in successfully managing the various headwinds faced by the industry. With the strategy remaining unchanged, a focus on the highest quality sites and the size of the opportunity ha
Companies: Various Eateries Plc
Halfords 3Q IMS is in our view positive with PBT forecasts for FY 2020 held at £50-55m and good LFL in Retail cycles +5.9% and Autocentres +4.6% where most of new management development work has been focused. Retail Motoring products LFL -2.7% continues to show impacts of discretionary spend softness in our view. Management retains its caution about near term demand prospects overall and its development programme in Autocentres and key aspects of the business overall (notably new integrated webs
Companies: Halfords Group Plc