Small caps did well this week with the FTSE AIM 100 index climbing 1.9%, while the FTSE AIM All-Share index added 1.75%.
AVIA Health Informatics (LON:AVIA) will make a profit of around £250,000 in the coming year, according to forecasts compiled by the company’s broker Merchant Securities.
Mission Capital PLC (LON:MCAP) said it is currently in preliminary discussions relating to an acquisition which would constitute a reverse takeover under AIM rules.
StatPro (LON:SOG), the maker of software used by the fund management industry, said its profit margins fell slightly as it invested in new products such as its Revolution platform.
Healthcare workforce optimization sofware provider Allocate Software (LON:ALL) reported a strong set of full year results for the year to 31 May, which saw revenues jump 39%, trading profits up 38% and business expansion through the acquisitions of Time Care in Sweden and Dynamic Change in the UK.
Equatorial Palm Oil (LON:EPO) said this morning its processing mill has been delivered on schedule and should be up and running in the final quarter of the year.
Finance director Keith Bigsby has resigned from the board of TyraTech (LON:TYR), the maker of safe insecticides, to "pursue other opportunities". He will continue in an advisory role until October, or until a successor is found.
Kentz Corp Ltd (LON:KENZ), the holding company of the Kentz Engineering and Construction Group, said it has been awarded a US$30 million contract by SNC-Lavalin on the Ambatovy project in Madagascar.
New York headquartered payment and card services business Planet Payment (LON:PPT & PPTR, OTC:PLPM) reported 30% revenue growth for the first half of 2010. For the six-months ended 30 June 2010, the company generated U$27.7m (H109: US$21.3m) in total revenues. Notably its multi-currency revenues grew by 54% to US$21.6m (H109: US$14.1m).
Allocate Software (LON:ALL) chief executive Ian Bowles said the group is currently looking at a total of 15 potential takeover targets, but played down the prospects of an imminent deal.
Guernsey incorporated London & Stamford Property Ltd (LON:LSP) has announced its intention to move its listing from the AIM market to the Main Board of the London Stock Exchange with a view to convert to the UK-REIT (Real Estate Investment Trust ) status.
Ceramic Fuel Cells (LON:CFU, ASX:CFU) has announced the first sale of its BlueGen gas-to-electricity generator in the United States to one of the country’s largest energy companies .
Shares in Enfis (LON:ENF) were up 85% in early afternoon trade after the grouo announced this morning it was contracted to supply LED arrays and drivers for the NBA Stadium under construction in Guangzhou, China, for this November's Asian Games, which it said would help it showcase its product in the whole of Asia.
Nanoco Group (LON:NANO) has received US$600,000 as a milestone from a major Japanese electronics company in relation to the design and development of quantum dots - which are used in the LED backlighting of LCD televisions.
Synchronica (LON:SYNC) told investors that its MessagePhone product - a low-cost messaging-oriented handset - has been launched in Latin America by a major operator with a large subscriber base of 20 million users.
Broker Merchant Securities has initiated covarage of building maintenance group Managed Support Services (LON:MSS), seeing a substantial upside to the current share price of around 6.6p.
Vectura Group (LON:VEC) has announced a contract with GlaxoSmithKline (LON:GSK) to license some of its dry powder drug formulation patents in relation to two late stage development compounds in GSK's respiratory product pipeline.
London-headquartered broker Alexander David Securities Group (LON:ADS) has confirmed that it is indeed in takeover discussions with Hoodless Brennan, the parent company of HB Markets, after it was reported by the media.
Coventry-based specialist chemicals group, Norman Hay (LON:HNN) intends to delist from London’s AIM market, as it believes it would no longer benefit from its continued admission and it is confident that the £90,000pa costs associated with its listing “could be better used in running the business”.
Stanley Gibbons’ (LON:SGI) specialist collectables business continues to go from strength to strength, as the company reported another half of sustained growth. In the first half ended 30 June 2010, Stanley Gibbons increased sales by 24% to £11.9m, pre-tax profits rose 10% to £1.6m and earnings (EBITDA) grew 12% to £1.7m. Also during the period the company entered the Chinese collectables market and secured new orders worth £1m from collectors there, to be realised in the current period.