Two unsolicited bid proposals have been made to spectacles supplier Inspecs (LON: SPEC). There has also ben a proposal from Safilo Group to acquire the Eschenbach Group and BoDe businesses of Inspecs. H2 Equity Partners, and Risk Capital Partners and Ian Livingstone, have set out non-binding cash offers with alternatives including unquoted securities. Inspecs joined […]

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Quantum Blockchain Technologies (LON: QBT) reports that its predictive Bitcoin Artificial Intelligence model mining tool, Method C, has been implemented on hardware. The performance increased from 30% to 50% at lower mining difficulty. Method C can predict an input to the core algorithm to produce a winning hash. A patent application will be filed. The […]

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Intelligent Ultrasound (LON: IUG) is selling its Clinical AI operations to GE. The payment will be £40.5m. So far, £12.2m has been invested in the development of AI. The consideration is equivalent to 12.4p/share. This deal does not include the NeedleTrainer and NeedleTrainer Plus products or the simulation business. The remaining business had annual revenues […]

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This AIM-quoted building products supplier has sharply outperformed AIM with a gain of 18% in 2023. Yet it is still offering a forecast yield of 6% with potential for steady growth in the dividend. The dividend is covered 2.3 times by forecast earnings. That dividend cover can be rebuilt as the business recovers. The latest […]

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Orosur Mining Inc (LON: OMI) says assays from one of the three drill holes at the Pepas prospect in Colombia have shown substantial high-grade gold intersection. More holes are being drilled. Joint venture partner Minera Monte Aguila has operational control and has spent $4m in the financial year. This sparked a 37.9% jump in the […]

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Building products supplier Alumasc (LON: ALU) has shed its loss-making business and although it will weaken the balance sheet it does mean that it can concentrate on core businesses. Yet, the rating remains low, and the yield is one of the higher ones for AIM companies. Alumasc is selling the poorly performing solar shading manufacturer […]

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Building products supplier Alumasc (LON: ALU) is selling the poorly performing solar shading manufacturer and installer Levolux to Talrus Ltd, which is owned by Rcapital, for £1. Despite shedding a loss maker, the Alumasc share price fell 2.93% to 132.5p. Levolux has around £1.4m in cash and that is part of the disposal. There is […]

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Building products supplier Alumasc (LON: ALU) has gone from strength to strength in the year to April 2021 and demand for its products remains high. The dividend was higher than expected. However, shortages of other materials could hamper progress this year. Full year revenues were 19% ahead at £90.5m, while underlying pre-tax profit nearly trebled […]

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Alumasc shares (LON: ALU) surged almost 16% on Thursday after the group revealed record profits in the first quarter. The building products, systems, and solutions group saved £2.4m from last year’s restructuring and saw strong cash generation. The chairman of Alumasc said: “It is still too early to know the extent to which the strength […]

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Sustainable building and engineering product supplier Alumasc Group (LON:ALU) posted a slight downturn in its half-turn results, due to challenging market conditions. However, the company’s outlook appears more positive. Owing to operational changes and political tensions, the group had to content itself with ‘resilient’ results. The company’s revenue narrowed to £41.1 million for the six […]

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UK engineering and building product and solutions company Alumasc Group plc (LON: ALU) saw its share price rally on its announcement that its revenues had grown in a full-year, year-on-year comparison. The Company announced that its revenues rose 4% to £90.1 million for the full financial year. Further, it added that its core business in […]

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