Forbidden Technologies PLC races ahead as small caps head north
Top riser in London was video editing group Forbidden Technologies PLC, which surged 50%...
Company
Dekel Agri-Vision plc
LON:DKL
Dekel Agri-Vision PLC is an agriculture processing, logistics and farming operation located in Côte d'Ivoire. The Company has a portfolio of projects at various stages of the development curve: a fully operational palm oil project in Ayenouan where fruit produced by local smallholders in addition to c.1,900 ha of company estates is processed at the Company's 60tn/hr crude palm oil mill; a large scale cashew processing project in Tiebissou, which is due to commence production in 2020; and a 24,000ha brownfield development site in Guitry which is being prepared for development.
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DekelOil Public Limited refinancing will boost profit
The coupon on the debt has come down to 7% from 10.5% meaning the annual interest charge drops by €270,000.
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UPDATE - Dekeloil supplier takes shares at hefty premium
The agreement is part of a plan to increase CPO production towards the mill's 70,000 tonnes per annum capacity.
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Proactive news highlights: APC Technology, Patagonia Gold, Cloudtag, Corero Network and more
African Potash, e-Therapeutics and sound Energy also reported on Wednesday
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UPDATE - DekelOil production rises 151%
Output was 35,770 tonnes of crude palm oil, a year on year increase of 151%; sales were up 156%.
Investments and investor services
Proactive news highlights – Robots, web domain deal, tidal power and cancer tests
Making Tuesday’s news highlights: Rex Bionics, VolitionRx, CentralNic, Challenger Acquisitions, Atlantis Resources, fastjet, and several others.
Risers & Fallers: Amur Minerals, Immupharma, Rosslyn Data and more...
Below are the main news-driven share price movements at 4pm
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UPDATE - DekelOil debt deal improves economics of the business
Director Lincoln Moore said the debt deal “unlocks significant value for shareholders”.
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FTSE100 finishes higher as traders eye Fed minutes
London’s blue-chips turned higher as the day wore on to finish ten points higher.
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Proactive news highlights - DekelOil, Falcon Oil & Gas, Telit Communications.....
A notable riser on a grey day was DekelOil, whose shares gained 15% after it confirmed that its palm kernel crushing plant is now in commercial production and sales have begun.
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DekelOil shares rise 15% as crushing plant fires up
The facility came on-stream well ahead of the schedule, according to the broker Cantor Fitzgerald.
FTSE100 flat as miners rise but travel stocks weigh
The UK’s main index remained flat throughout the morning session and was just 2 points higher at lunch to 6,270.
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DekelOil in kernel crusher will add significant new stream of revenue
The company said the new operation provides an “additional significant revenue stream” Ayenouan, Côte d'Ivoire, site of its state-of-the art palm oil mill.
Investments and investor services
Proactive news highlights: SSE, Ophir Energy, KEFI, Real Good Food and Jubilee Platinum
COPL, DekelOil and Stratex were also in the news today
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DekelOil adds small-cap guru's fund to its investor register
Miton is a picker of stocks with exceptional growth potential.
Investments and investor services
Broker spotlight: Banks, DekelOil, Sirius Minerals, Stratex International
When will it all end, Lloyds shareholders have been asking for five years or more. Investec thinks it has the answer.