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Archive for the ‘stocks’ Category

SCOTTY Group Beaming Up

In AIM, stocks, technology on December 1, 2008 at 7:03 pm

SCOTTY Group has announced it has won €1 million (£830,000) of new orders.

The AIM-quoted company – which turned a £765,000 loss into £977,000 pre-tax profits in the year to June, on turnover up 42 per cent to £6.8 million – says latest orders include five maritime ‘Telemed’ packages for an onboard hospital for the German Navy, aircraft tracking kit for the German Army and emergency response equipment for the Chinese national railways.

SCOTTY shares, which have fallen sharply from their 103.75p June peak, now trade at 49p, valuing the company at £9.9 million.

Top 10 IT Companies in the Fortune 500

In it, stocks, technology on September 16, 2008 at 3:34 pm

Here’s a list of the top ten IT focused companies* in the annual Fortune 500 list. Rankings are based on 2007 total revenues.

  1. Hewlett-Packard  –  

    $104.3 bn

  2. IBM  –  

    $98.8 bn

  3. Dell –  

    $61.1bn

  4. Microsoft –  

    $51.1bn

  5. Fujitsu –   

    $46.7bn

  6. NEC –   

    $40.4bn

  7. Intel –   

    $38.3bn

  8. Canon –   

    $38.1bn

  9. Cisco Systems –   

    $34.9bn

  10. Flextronics International –    

    $27.6bn

* Companies that derive the majority of their revenue from sales of information technology products or services. Excluded are technology product distributors, electronic component makers, telecoms companies and mobile phone manufacturers.

Further reading

What is AIM for?

In AIM, stocks on August 4, 2008 at 12:37 pm

An interesting discussion over at the Daily Telegraph, where Ben Bland has a pop at AIM and comes to the conclusion it’s a bit of a circus.

The London Stock Exchange has been struggling to shake off the suggestion by a leading US regulator that Aim is “like a casino” ever since those fateful words were uttered. After spending the best part of a year covering Aim, I’ve come to the conclusion that it is really more like a circus than a casino.

Some responses say he has missed the point of AIM or ignored its fundamental proposition. But I encourage you to check the article out

IS Solutions Files For Chapter26

In AIM, stocks, web on July 24, 2008 at 9:07 am

AIM-listed website designer and developer IS Solutions has agreed to buy Surrey-based Chapter26, a content management systems specialist.

According to the GrowthBusiness website, the deal will cost IS Solutions more than £700,000 in cash and shares, rising to £1.2 million if financial targets are achieved by July 2009.

Neo Media Comes To The Rescue Of Avanti

In AIM, stocks, technology on July 21, 2008 at 3:28 pm

Geneva based Neo Media has subscribed for £300,000 of convertible loans in bombed out digital screen media company Avanti Screenmedia.

AIM-quoted Avanti lost £5.6 million (plus another £25 million on disposals) in the year to June 2007 and a further £2.5 million in the six months to December. Last November, the London-based company raised £987,000 in shares and convertibles at 7p and in December it tapped the market for another £150,000 at the same price.

More details at Growth Comapny Investor

Google Posts Results

In software, stocks, technology on July 18, 2008 at 4:33 pm

Google’s latest quarterly results have been posted and the SmoothSpan blog has some interesting comments on its article: Google Anti-Gravity Ray is Fading

M&S Seek Salvation in IT

In it, it hardware, retail, stocks, technology on July 17, 2008 at 11:09 am

Information Age magazine has highlighted a couple of tech-related nuggets from the latest M&S annual report

The UK’s most famous retailer has earmarked £450 million for IT spending over the next three years in a bid to push into international and online markets and ease its reliance on the ailing UK retail environment.

“We’re planning to take more control of our logistics from source to store, allowing us to monitor our stock more efficiently and improve margins,” the report said.

The report also revealed the company’s motivation for this IT focus – it’s online business, M&S Direct, grew 70% over the year (making £300 million in sales), while international sales grew 16% bringing in £713 million.

Carlyle Group Sniffing Around Filtronic

In communications, stocks, technology on June 3, 2008 at 9:34 am

Wireless electronics group Filtronic plc has attracted the attentions of US private equity player Carlyle Group – and the markets are interested.

Prompted by an up-tick in fully listed Filtronic’s share price, Carlyle has said it is ‘reviewing its options’ in respect of Filtronic (LSE: FTC), which ‘could include an offer’. Filtronic shares, which slumped from 291.5p to 59.5p between 2005 and earlier this month, have perked up to 77.5p on Carlyle’s expression of interest, at which level the company is valued at £57.2 million.

Upbeat Update from Intelek

In aerospace, AIM, communications, it hardware, stocks, technology on April 25, 2008 at 1:10 pm

Electronic communications systems specialist Intelek (AIM: ITK) is reporting that underlying profits will ‘comfortably’ exceed market expectations.

The AIM-quoted company, which made £5.6 million pre-tax profit in the year to March 2007 on £37 million turnover, supplies electronic systems for satellite and microwave communications, as well as precision parts for the aerospace market, reports progress throughout its divisions.

Based in Swindon, Intelek, increased ‘underlying’ pre-tax profits 45 per cent to £1.48 million in the six months to September and now says ‘strong trading’ continued throughout the financial year to last month.

A bright light stock during these dark days. Worth looking over.

Technology IPOs On Hold

In AIM, IPO, software, stocks, technology on April 8, 2008 at 2:35 pm

It’s been a slow start on the AIM and Plus Markets for IPOs in 2008, in single digits monthly and only a couple of tech start-ups amongst them.

And it appears that over the pond in Silicon Valley the same slowdown is taking place – just one in the first quarter – ArcSight (ARST), which makes security and compliance software. For the same period last year the score was nine startups.

Where IPO is stagnant M&A seems to be taking up some of the slack, but this is displacement activity. Everyone knows there is a whole heap of ideas waiting for take-off but until the money men sort themselves out it would seem we’re all just going to have to keep surfing youtube for kitteh videos.