Research Tree provides access to ongoing research coverage, media content and regulatory news on PROSHARES ULTRAPRO NASDAQ BI.
We currently have 0 research reports from 0
Open Orphan has announced that hVIVO has secured a £3m contract with Imperial College to manufacture a SARS-CoV-2 challenge virus, funded by the Welcome Trust. The new challenge virus will be based on new variants of the COVID virus and therefore support future challenge studies to develop and compare vaccines against different forms of the virus.
Companies: Open Orphan Plc
Gateley has released a very positive trading update, highlighting a strong conclusion to the year to 30th April. Revenue and PBT are both expected to be materially ahead of expectations, reflecting a highly supportive backdrop and the careful management of costs during the pandemic. We will update forecasts alongside the pre-close later this month and tentatively anticipate a mid-teens PBT/EPS upgrade. An interim dividend of 2.5p has been declared with a final to follow (total dividend expected
Companies: Gateley (Holdings) Plc
The UK market showed a continued recovery in the first quarter albeit the indices are still well short of their all-time peaks, unlike many of their international peers. The FTSE 100 has risen by 1,186 points (21.4%) since the end of October and the FTSE 250 by 4,304 points (25.0%). The comparable performance since the start of the year is less spectacular- the FTSE 100 has risen by 253 points (3.9%) and the FTSE 250 has risen by 1,070 points (5.0%). The factors behind the sustained rally are fa
Companies: AMYT ARBB BPC BAG BVC BEG BONH BLVN BRSD CML CWK CRPR EYE ECHO FDM FAR FA/ GPH GSF HUW INSE JDG KAPE KP2 MACF MPAC MNZS NESF NBI OTMP OBD PREM QFI RUA SCS SEN SOS SUR TON TOU TXP TGL TCN UEM VLS WYN
Ahead of results for the year to 31 March 2021 (FY21) due in June, a trading update for Appreciate Group (APP) indicates underlying results in line with market expectations, supported by the continuing positive trend in billings and despite an increase in profit deferral. In this note we provide an update on our forecasts and a detailed review of our fair valuation (60p per share), which looks through the near-term suppression of earnings by the pandemic and the cash flow effects of business mix
Companies: Appreciate Group plc
Begbies has announced the acquisition of MAF Finance Group (MAF), a Midlands-based finance broker for up to £11.75m on a cash/debt free basis (c.6x PBT). MAF’s finance broking capabilities complement Begbies’ existing advisory and transactional services, in particular debt advisory and restructuring. The acquisition should also deliver good revenue synergies with Eddison’s valuation and asset disposal services, as financing is often needed to assist the buyer in these transactions. The potential
Companies: Begbies Traynor Group plc
Semper Fortis Esports* recently announced its intention to IPO onto the Access Segment of the Aquis Stock Exchange Growth Market. Semper is a multi-operational Esports organisation focusing on gaming technology solutions, brand enhancement and high growth team infrastructures. The company plans to raise £2.5m to develop their three core areas of establishing an esports team, forming partnerships with brands for sponsorship and B2B consultancy services. The Board are highly experienced in spor
Companies: KIBO ROCK VRCI K3C TOU ADT PCA ATYM IOM MJH
The financial impact from the restructuring and repositioning of the business last year was only partly felt in 2020. The entry into the US sports betting market will be fully manifest in 2021. At the heart of recent changes to the operating model lies a move to create a flexible engagement model that will drive superior returns going forward. We await further data points before reinitiating forecasts.
Companies: XLMedia Plc
Wickes to demerge from Travis Perkins and list on the Main Market. Expected 28 April. Advance Energy to complete an RTO on AIM indirectly acquiring up to 50% of Carnarvon Petroleum Timor which holds a 100 per cent. working interest and is the contractor under the Buffalo PSC, offshore Timor-Leste. Carnarvon Petroleum Timor is a subsidiary of ASX listed company, Carnarvon Petroleum Limited. The net proceeds of the Placing of approximately £20.01m (approximately US$27.51mm) will be used to fund
Companies: GOOD FIH SRT NFC RFX ARCM ACRL EQLS ORPH VRS
Watchstone Group plc (LON:WTG) intends to apply for admission of its Ordinary Shares to trading on the Access segment of the AQSE Growth Market operated by the Aquis Stock Exchange (AQSE). It is expected trading will commence on 30 April 2021. Catena Group (CTNA.L) to complete reverse takeover and be renamed Insig AI and is acquiring the remaining shares of Insight Capital Partners. Insight, which is based in the UK, is a data science and machine learning solutions company that provides bespok
Companies: SAR SYM WRES FUL BOIL OEX UNG ALBA ETX OSI
Ultimate Products has issued a very positive set of H1 2021 results to us, with strong revenue growth of 11%, coupled with increasing productivity (EBITDA margin +90bp to 11.6%), leading to >20% underlying EBITDA, CPTP and EPS growth. UP’s balance sheet is more than robust, with leverage a very comfortable 0.1x. A four-pillar growth strategy has broadened the Group’s growth channels, increasingly evident despite the challenges of Covid and the temporary closure of some customer stores. We put th
Companies: Up Global Sourcing Holdings PLC
RBG Holdings FY20A results show revenues in line at £25.6m (vs. N1Se £25.5m, +0.3%) and Adj. EBITDA ahead at £7.5m (vs. N1Se £7.1m, +5.2%). Momentum has continued to build and so we make further FY21E organic upgrades of +8.0% revenue to £30.3m, +6.7% Adj. EBITDA to £10.0m, and release FY22E forecasts; £32.5m revenues, £11.6m Adj. EBITDA. Of greater significance, RBG has announced the acquisition of Memery Crystal Ltd (“MC”) for £30m consideration, which should close in May subject to SRA approv
Companies: RBG Holdings Plc
The global online gaming market generated c £40bn of gross gaming revenues (GGR) in 2018 and newly regulating markets (the US) are expected to contribute to 7% CAGR to 2023 (according to H2 Gambling Capital (H2GC)). However, while regulated markets have provided significant opportunities for operators to date, government intervention remains a constant threat and legislation is tightening. Some mature markets (notably the UK) have been raising taxes and implementing regulatory burdens, which inc
Companies: 888 ACX ORPH ENT GYS OPAP PTEC RNK WMH
AMTE Power, a developer and manufacturer of lithium-ion battery cells for specialist markets, announced its intention to seek admission to trading on AIM. Admission is expected to take place during March 2021. The Company intends to raise approximately £7 million by way of a placing of new ordinary shares in the capital of the Company. Timing TBC. Samarkand Group Limited, the cross-border eCommerce technology and retail group opening up the world's largest market for brands and retailers, intend
Companies: OHG MDZ PEG IQE RBN WHR HMI ANIC KOD GMR
As discussed at the HY20/21 results last month, the group has confirmed a three-year $89m defense contract to deliver 9,480 ABS retrofit kits to the US army. The contract was ahead of expectations discussed at the HY stage of just under $80m. We tweak our group estimates to reflect the contract win, increasing FY22 & 23 sales by 3% and accordingly our TP from 550p to 570p. This is a positive development for the group, confirming the multi-year contract win. We reiterate Buy.
Companies: Ricardo plc
Cornerstone FS to join AIM, an SME focused, cloud-based provider of international payment, currency risk management and electronic account services focused on removing the complexity of international payments for customers. Raising £2.2m. Mkt Cap £12.3m. Due 18 Mar. Imperial X (AQSE:IMPP) to join the Main Market (standard). It is also proposed that on Admission to the Official List, the Company will change its name to Cloudbreak Discovery Plc. With effect from Admission, Imperial X will hold equ
Companies: EVG BOD STX SUN KGH CAMB FARN MIN ODX INHC