Proactiveinvestors United Kingdom - Investment Funds & Companies RSS feed Proactiveinvestors United Kingdom - Investment Funds & Companies feed en Wed, 21 Mar 2018 07:29:43 +0000 Genera CMS RBC Capital double-upgrades Shelia's Wheels insurer esure to ‘outperform’ after recent results Fri, 09 Mar 2018 10:52:00 +0000 esure Group reports strong profit growth as demand for motor policies continues Wed, 07 Mar 2018 09:10:00 +0000 KR1 plots course to navigate the crypto-world Wed, 14 Feb 2018 12:30:00 +0000 Plus500 expects full-year 2018 revenue to beat expectations Wed, 14 Feb 2018 10:10:00 +0000 Clear Leisure takes the blockchain path to rejuvenation Fri, 26 Jan 2018 09:06:00 +0000 esure boss quits with immediate effect, by mutual consent, as insurer seeks new leadership for digital age Fri, 19 Jan 2018 10:15:00 +0000 Plus 500 leaps after saying full year profit and revenue seen beating market expectations Wed, 03 Jan 2018 10:15:00 +0000 Ambrian shares plunge as it warns of short-term liquidity issues due to difficulties in moving cash resources Tue, 12 Dec 2017 13:06:00 +0000 European Wealth waiting on regulators to complete Newbridge deal Tue, 07 Nov 2017 08:53:00 +0000 Brainworks raises US$8mln through treasury share issue Fri, 27 Oct 2017 09:11:00 +0100 Brainworks expects foreign visitor boost in second half Wed, 25 Oct 2017 10:25:00 +0100 Esure and Admiral driven lower by JP Morgan downgrades, but better news for RSA Tue, 24 Oct 2017 09:54:00 +0100 Brainworks Ltd lists in Johannesburg Mon, 16 Oct 2017 09:23:00 +0100 European Wealth Group scaling up with acquisition of Newbridge Wed, 11 Oct 2017 15:18:00 +0100 European Wealth Group to become Kingswood after unveiling plans to buy US broker-dealer Wed, 11 Oct 2017 07:41:00 +0100 Amedeo Resources digs in and waits for upturn Tue, 26 Sep 2017 09:17:00 +0100 The People's Trust plants a flag for long term sustainable investing Mon, 25 Sep 2017 14:27:00 +0100 GCP Student Living: A textbook case of income and growth Fri, 22 Sep 2017 09:24:00 +0100 European Wealth Group confirms Marianne Ismail as chief executive officer Wed, 20 Sep 2017 09:05:00 +0100 esure gains on bid speculation as newspaper says biggest shareholder looking for an exit Mon, 18 Sep 2017 08:28:00 +0100 European Wealth's funds under management rise as organic switch pays off Mon, 18 Sep 2017 08:04:00 +0100 GCP Student Living says London digs market still very healthy Fri, 15 Sep 2017 11:03:00 +0100 European Wealth names interim boss as chief executive, John Morton to take an agreed leave of absence Wed, 13 Sep 2017 11:22:00 +0100 Hinkley Point under scrutiny again as offshore wind sector halves costs Mon, 11 Sep 2017 10:49:00 +0100 John Laing Environmental Assets: Buy long and prosper Mon, 11 Sep 2017 08:59:00 +0100 A mistake to change rules for Aramco IPO says fund manager Fri, 08 Sep 2017 15:10:00 +0100 Hostels owner Myanmar Strategic Holdings begins trading in London Mon, 21 Aug 2017 10:03:00 +0100 Myanmar Strategic looks to tap into burgeoning tourist opportunity Mon, 14 Aug 2017 11:33:00 +0100 Plus 500 sees first-half earnings double amid strong growth in clients, revenues Mon, 07 Aug 2017 08:30:00 +0100 esure drives higher as profits surge in first half Thu, 03 Aug 2017 09:22:00 +0100 TMT Investments: 'Legwork' the key to their success TMT Investments PLC's (LON:TMT) Igor Shoifot tells Proactive's Andrew Scott that 'a lot of legwork' and meeting companies to understand their offering is the key mark of a successful venture capital company.

He adds that the recent partnership between Barclays and Coinbase is 'fantastic news' for the company.

Mon, 19 Mar 2018 08:54:00 +0000
KR1 Plc giving investors access to the 'gems' in the ICO token economy George McDonaugh, chief executive at KR1 Plc (LON:KR1), tells Proactive the company was set up to allow investors access to the crypto markets through a publicly-listed share.    

''We go out using our network and our understanding of what's on offer and why it's important .. and we choose projects, projects we can back early and get good allocations in''.

''Over time we'll build up a basket of tokens that have value on the secondary crypto markets and then our share price should reflect that value''.

Wed, 07 Feb 2018 16:01:00 +0000
Clear Leisure looks to Blockchain to rebuild Francesco Gardin, chief executive of Clear Leisure PLC (LON:CLP), tells Proactive they've set up a new technology venture which will include interests in a 3D mapping business and a Bitcoin mining blockchain data centre.

Clear Leisure has entered into a binding agreement with its joint venture partner, 64Bit Limited, a Malta data centre operator specialising in Bitcoin “mining” and powered by low-cost renewable energy.

Gardin says they're planning to add more IT-focused interests to the venture, which is being supported by their largest shareholder, Eufingest.

Fri, 19 Jan 2018 09:31:00 +0000
Investor Paul Johnson expecting fireworks in the resources space Investor Paul Johnson caught up with Proactive's Andrew Scott to chat through where he's seeing opportunities and value in fintech and mining.

''The resources space has never really fired-up over the last few years - it's one of the few spaces across the world where we are undervalued'', Johnson says.

''The resources space is chronically undervalued … we're going to see some fireworks. I suspect December is going to be exciting, I think next week is going to be stunning for a lot of companies''.

''Next year is going to be fantastic and you guys are going to have companies coming in with big smiles on their faces because their share prices are going to be so much higher''.

To hear Paul speak on a particular company check out the times below:

00:41 - Kryptonite 1 Plc (NEX:KR1)
00:56 - Coinsilium Ltd (LON:COIN)
01:37 - Lionsgold Ltd (LON:LION)
04:10 - Thor Mining PLC (LON:THR)
08:49 - MetalNRG Plc (NEX:MNRG)
12:21 - Metal Tiger Plc (LON:MTR)
15:08 - Connemara Mining Plc (LON:CON)
17:56 - Papua Mining PLC (LON:PML)
18:41 - Spitfire Oil (LON:SRO)
19:50 - ECR Minerals PLC (LON:ECR)
20:13 - Red Emperor Resources (LON:RMP, ASX:RMP)

Thu, 07 Dec 2017 19:10:00 +0000
Brainworks rethinks finance plans after float shortfall Brett Childs, chief executive of Brainworks Limited, talks to Proactive on the eve of their first day of trading on the JSE.

Childs says they're disappointed, but not surprised, by the fact they struggled to raise funds.

''We're still listing by introduction, we have the required public shares ... it's disappointing but it's due to circumstances which are really outside of our control''.

''I think 2018 will be a good year for us. We need to bear in mind that next year we have elections in Zimbabwe but historically those elections have actually proved a boom for the hospitality industry''.

Thu, 12 Oct 2017 15:40:00 +0100
Brainworks looking to raise US$25mln in Johannesburg IPO Brett Childs, chief executive of Brainworks Limited, speaks to Proactive's Andrew Scott as they formally begin their listing process on the Johannesburg Stock Exchange Main Board.

Open through until October 9, Childs says they're aiming to raise US$25mln with shares expected to commence trading on Friday October 13.

Thu, 28 Sep 2017 16:02:00 +0100
GCP Student Living focused on quality accommodation in the UK capital Nick Barker of GCP Student Living PLC (LON:DIGS) introduces the student accommodation fund to Proactive.

Focused predominantly on London they provide purpose built properties to a mix of both local and international students.

The group has eight sites in and around the capital with 3,000 rooms all of which were fully booked over the year to June.

Mon, 18 Sep 2017 09:30:00 +0100
Listing rules should not be bent for Aramco IPO says Capricorn's Mostaque Aramco is best company in Saudi Arabia, but rules are there to protect investors says Emad Mostaque, Capricorn Fund Manager's co-chief investment officer.

Fri, 08 Sep 2017 14:46:00 +0100
JLEN's renewables diversity adds to appeal says director Tanner John Laing Environmental Assets Group Limited (LON:JLEN), has been a fine performer since it listed but Chris Tanner, executive director,  is now looking at new areas such of the renewables sector to broaden its appeal even more.

Fri, 08 Sep 2017 10:56:00 +0100
Myanmar Strategic looking to tap into Myanmar's booming hospitality & education sectors Enrico Cesenni, chief executive of Myanmar Strategic Holdings PLC (LON:SHWE) chats with Proactive's Andrew Scott as the firm begun trading in London.

They've raised US$4.2mln to fund a chain of upmarket hostels and language schools in the former Burma.

Currently the group runs four hostels, in Bagan (2), Mandalay and Inle Lake, three of the country’s most popular tourist destinations.

Budget rooms are in limited supply in Myanmar and tourist demand is booming.

Tue, 22 Aug 2017 13:39:00 +0100
Brainworks Ltd looking to corner the hospitality & real estate sectors in Zimbabwe Brett Childs, chief executive of Brainworks Limited tells Proactive's Andrew Scott they're a Zimbabwe-focused investment company looking to list in Johannesburg at the end of August.

Established back in 2011, they're headquartered in Mauritius and have interests in hospitality, real estate and financial services.

Childs says international appetite from foreign investors to go back into the country is returning and they want to be ''at the front of the queue''.

Tue, 01 Aug 2017 14:18:00 +0100
A 'sigh of relief' at European Wealth now they're back on an even keel after £8.8mln fundraise On the back of their £8.8mln fundraise, John Morton, chief executive of European Wealth Group Limited (LON:EWG) tells Proactive the main strategy behind the injection of cash was to replace a convertible loan they had in place which was due for repayment.

''It got to the stage where we wanted to move on from being funded by a Swiss funding operation to share ownership from shareholders who would actually help us grow the business and develop it… and I think we've been 100% successful in achieving that''.

On becoming debt free, Morton says: ''The debt has been a big burden for us and I think each year the interest charges have been eye-watering … we've managed to clear that out the way, we've got cash on the balance sheet and we've actually got a properly structured balance sheet to work with, which will inevitably feed through to improved profitability''.

Tue, 18 Jul 2017 06:14:00 +0100
Proxama 'has the chance to turn a corner and be debt-free' after £3.1mln raise Proxama PLC (LON:PROX) chief executive John Kennedy and managing director Mark Slade talk Proactive through the growing importance of 'location data' to the business.

''We've been growing this side of this business for the last 6-9 months and we're now at a point where we have real potential which has enabled us to recruit people such as Mark'', Kennedy says.

Tue, 11 Jul 2017 08:35:00 +0100
Metal NRG looking to do 'quite staggering things' to make investors 'sit up and pay attention' Paul Johnson, CEO of Metal NRG (LON:MNRG) tells Proactive they're a small, shell NEX company with just under £500,000 in the bank looking to find new projects in the energy, metals and minerals sectors.

They've recently announced they're first push into the cobalt space.

''Cobalt's a very, very hot sector in Australia at the moment - the price of the commodity has been going up dramatically because it's used in battery technologies so there's a great demand for that product'', Johnson says.

''We felt that if we had to pick one commodity to start our journey on, then we would want to be in that hot area where we think there's a real good future dynamic in the next few months and few years''.

Paul Johnson adds that while they're looking keenly at Australia they're also considering opportunities in the US: ''There's some superb opportunities - we're in advanced discussions over a number of different interests.''

Mon, 03 Jul 2017 09:40:00 +0100
New beginnings for European Wealth as they become debt-free after £8.8mln raise John Morton, chief executive of European Wealth Group Limited (LON:EWG) talks through their results for the year to the end of December 2016 as well as their £8.8mln fund-raising which is  designed to make the integrated wealth management group “debt free with working capital flexibility and balance sheet strength''.

Fri, 23 Jun 2017 12:42:00 +0100
Star Tech NG 'the first of its kind' in the UK and Europe for pre-IPO tech opportunities Ian Wallis, founder of Star Tech NG tells Proactive's Andrew Scott they're the first of its kind in the UK and Europe that offers a wider audience of high-net-worths, smaller family offices and institutions access to pre-IPO technology companies in the US.

Wed, 07 Jun 2017 16:40:00 +0100
Micro-caps 'a great hunting ground', says Downing Strategic's Judith MacKenzie Downing Strategic Micro-Cap Investment Trust's Judith MacKenzie tells Proactive's Andrew Scott they're looking to raise up to £100 mln at IPO and begin trading on May 9.

MacKenzie adds the trust will have a concentrated portfolio and focus on companies with market caps of less than £150 mln.

Wed, 26 Apr 2017 11:39:00 +0100
'Experience, expertise and track record' sets TMT Investments PLC apart Alexander Selegenev, executive director of TMT Investments (LON:TMT) talks to Proactive about their strategy of investing in high-growth, internet-based companies across a variety of specialist sectors.

''Everyone is a private investor, everyone is looking for opportunities ... but to get a grip on privately-held, fast growing, early stage  internet companies is a totally different matter''.

Highlighting their experience and expertise, Selegenev adds: ''We've made over 40 investments in 5 years but to do that we've looked through thousands of companies - it's a very, very difficult laborious exercise'''.

Wed, 01 Feb 2017 13:47:00 +0000
Clinical trial for MS could prove 'immense commercial significance' of Rex Technology, says CEO The NHS has given clearance for a trial of the REX robot technology. The trial, aimed at MS sufferers, will be conducted in Canterbury.

CEO Crispin Simon tells Proactive: ''[The opportunity] is significant for the patients if we can improve their quality of life, enable people at the moment who have to use a wheelchair and are unable to take any form of  exercise that stretches their whole body - that's important to them''.

''If we prove it to be of any benefit to them then it's of immense commercial significance to us''.

Mon, 23 Jan 2017 13:47:00 +0000
Seraphim Capital hails considerable interest in pioneering space tech fund Mark Boggett, managing director of Seraphim Capital, spoke to Proactive about their space-sector venture capital fund.

It’s the first fund of its size anywhere in the world focusing on investing in early-stage technology companies emerging from the ‘new space’ revolution.

Boggett says: ''We reached our first close in November. This is an unquoted fund, backed by the British Business Bank and that provides a leveraged structure for other private investors that come into the fund''.

''We're looking to do a second close at the end of April where we're targeting £80mln of which we already have £20mln towards that figure.''

''We've created a fund and we've created an ecosystem to invest in the most exciting businesses in the space technology market'', Boggett adds.

Wed, 21 Dec 2016 12:47:00 +0000
Plus 500 founders picked good time to sell as share price slump continues Looking at Plus 500 Ltd’s (LON:PLUS) “very messy chart” technical analyst Zak Mir says it looks as though the company’s founders picked a good time to cash out, when in September they took some £100mln out of the company.
The latest shockwave to hit Plus 500 came last week when the UK regulator tightened up the rules on CFD trading for private customers.
Mir, in a Tip TV segment for Proactive Investors, highlighted that there seems to be some support for the shares at around 300p, when prior slumps have stopped in the past eighteen months or so.
“Maybe there’s an argument that there is value towards the 300p area,” Mir said.
Mon, 12 Dec 2016 11:21:00 +0000
The Fidelity Select Gold Portfolio 'a one-stop shop' for investors ''The Fidelity Select Gold Portfolio is run for those investors looking to get gold asset class in their risk-tolerant Portfolio'', tells Joe Wickwire, Portfolio manager at Fidelity Investment, to Proactive Investors.

''We like to think about it as one-stop shopping where we are able to invest in gold bullion, silver bullion and gold equities and companies that are involved in the gold production process, development and exploration.''

Wickwire adds: ''We're running the fund for long-term orientated investors.''

''The role of the gold asset class in a risk-tolerant portfolio is really to provide diversification … but importantly to provide protection against inflation or the inability of financial assets to maintain your store of global purchasing power … it's a financial asset insurance policy''.

With regards to the Brexit vote in the UK and the recent election of Donald Trump as President, Wickwire says: ''At first blush all of the heightened volatility has created an opportunity for me as a long-term orientated investor to take action where the market tends to get chronically short-sighted and maybe react in a shape and form that's advantageous for my shareholders in the longer term, so while geopolitical always gets a lot of press coverage and a lot of discussion … it really takes a backseat to the macro-economic imbalances which are the most important thing'''.

Wed, 30 Nov 2016 20:26:00 +0000
Every portfolio should have a silver lining, according to WAY Charteris The WAY Charteris Gold & Precious Metals fund has been the UK top performing fund for the past 12 months. The fund’s stock-picker, Ian Williams, explains why the fund’s assets have risen by 117% over the last year.

Modestly, he notes that seven out of 10 of the best performing funds this year have been gold and precious metals-focused, so it has been the sector that has been the star.

“Our fund just happens to be at the top of the sector,” Williams said, before explaining why that is: “70% of our fund is in silver miners, as opposed to gold miners”.

“Silver’s gone up much more than gold’s gone up this year, and silver miners have gone up much more than gold miners,” Williams noted.

So, every fund should have a silver lining it seems, especially in a rampaging bull market.

“It happens in every bull market. Silver has twice the volatility of gold in an upswing, and twice the volatility in a downswing, so we say to investors: look, if you want exposure to precious metals, you should buy silver over gold all day long; if you don’t want exposure to precious metals, you don’t buy either silver or gold,” Williams opined.

“There’s no real argument for buying gold over silver if you are bullish about precious metals,” he added.

If you do not want the hassle of picking your own silver stocks, and you subscribe to Williams’s view that silver is the precious metal to back rather than gold, then his fund is the one to pick, as it has far more exposure to silver than other precious metals funds.

Williams thinks there is still plenty of juice left in the silver rally. Working on a ten-year cycle, silver is not only half-way through an up-cycle but it has also recovered about hallway from the low-point of the cycle to the previous high point.

In other words, silver is only halfway through its upward journey, in Williams’s view.

Most of the fund's silver investments are in Canadian companies, and most of those are mining in Mexico.

He lists a few of his favourite Canadian silver stocks and also a few Canadian gold companies that he likes the look of.

“We’ve sort of been drawn to the Canadian companies; 80% of the fund is in Canadian quoted companies, and the next highest is in UK companies, which only account for about 15,” the fund manager explained.

After Brexit and the Trump election win, Williams believes the deflation/inflation cycle is turning.  

“This is going to be the big theme for 2017. The problem is, 70% of the average pension fund is in bonds and fixed interest, which are deflation proof assets, and about 1% is in gold and silver assets, which are inflation proof, and maybe 5-8% in property, so there’s a big mismatch as the cycle turns,” in Williams’s view.

Wed, 30 Nov 2016 18:30:00 +0000
New investment management style for grown up European Wealth Group John Morton, group chief executive of European Wealth Group Ltd (LON:EWG), says the wealth management firm is introducing a new investment management style after the purchase of CIMCO Partners Management Limited which manages the Gibraltar-based G20 Absolute Return fund.

“We now have a fixed interest offering, an equity offering and an absolute return offering which I feel makes the fund structure about right,” says Morton who is committed to a remit of matching products and staff with clients. “The structure of the company has to grow up as out turnover grows.”

Thu, 22 Sep 2016 15:23:00 +0100
Google certification a 'significant endorsement' says Proxama PLC boss The Proximity marketing and digital payments firm Proxama PLC (LON:PROX) has become only the second company in the world to be certified as a Google location services provider.

The beacon technology allows firms to push content straight to consumers as they enter a nearby proximity hotspot.

Chief executive John Kennedy tells Proactive being awarded the certification is a huge achievement and will give potential clients the confidence to work with them.

Tue, 06 Sep 2016 13:00:00 +0100
Proxama boss John Kennedy talks funding plans and expansion in proximity marketing Proxama PLC (LON:PROX) boss John Kennedy talks funding plans as the group looks to accelerate its proximity marketing business.

“Proximity marketing in general has taken a real lift over the last six months.

“We’ve certainly seen an awful lot of traction both from brands and retailers, and actually companies particularly out-of-home media companies that want to participate in our beacon network.

Kennedy talks us through the exciting expansion of Proxama’s beacon network, as well as the ongoing process to sell the group’s digital payments business remains an ongoing process.

Tue, 26 Jul 2016 15:16:00 +0100
New GLI chief sees turnaround “pillars” completed by year’s end Andrew Whelan, chief executive of alternative finance provider GLI Finance Ltd (LON:GLIF) says, after inheriting a company that had “lost its focus”, he is concentrating on “simplifying the balance sheet, reducing the complications within the business, and ensuring the business is appropriately financed for the future.”

As part of this, GLI is bringing together its Sancus and BMS trading businesses, to create a company with seven divisions in five different locations.

Whelan says the combines business, Sancus BMS, will be “highly profitable”, looking to “make £2.5mln this year and looking to estimate £4.5mln next year”.

He adds that Sancus BMS is the “first pillar” in a three pillar strategy for the company.

The other pillars are working on its asset management business, which the chief executive says is “going to plan” and slimming down its platform portfolio, with everything implemented “hopefully by the end of this year”.

Thu, 09 Jun 2016 10:16:00 +0100
New GLI Finance chief on growth strategy in SME market GLI Finance Ltd (LON:GLIF) is a leading small and medium sized enterprise (SME) lender, and chief executive Andrew Whelan says it will only lend to companies with a trading track record that have “sensible borrowing requirements”.

“When you think that over 50% of business growth comes from the SME market, 50% of employment comes from the SME market, you have to provide the support,” he says.

Speaking to Proactive Investors, Whelan, who took over the reins full time in February, says he aims to simplify the balance sheet of the business, streamline the company and improve communication with shareholders on its strategy.

Mon, 09 May 2016 16:12:00 +0100
European Wealth looking to grow client-base through acquisitions John Morton, executive chairman of fund manager European Wealth Group Ltd (LON:EWG) says the business is all about offering clients a variety of investment options and providing individual care and personal service.

Speaking to Proactive Investors at the UK Investor Show, Morton says “people tend to have ambitions in life – they want to retire at 50 or they want to provide for the grandchildren’s schooling or something – and it is our job to help them make, and probably more importantly keep, the money to achieve that objective.”

Morton adds that while the company has retained its client base well over the last few months, it is looking to grow through the integration of previous acquisitions, while remaining on the lookout for new potential takeover targets.

Mon, 09 May 2016 10:30:00 +0100
Rex Bionics PLC chief aiming to be the market leader for robotic exoskeletons Crispin Simon, chief executive of Rex Bionics PLC (LON:RXB), the maker of robotic exoskeletons that help the disabled walk upright, talks to Proactive after the firm reiterated its sales guidance and narrowed its near-term focus to the US and China.

He says both countries have “a love of new technology, an enthusiasm for embracing and trying out new technology and money.”

The company has been focused on using its technology for spinal cord injury, but Simon adds that it is looking at using it for patients with stroke and brain injuries.

Wed, 16 Mar 2016 14:30:00 +0000