logo-loader

Risers & Fallers: ASA Resource Group, 365 Agile Group and Safeland PLC

Last updated: 13:05 22 Aug 2016 BST, First published: 09:05 22 Aug 2016 BST

x ray of a suitcase

Some significant risers and fallers at 1pm on Monday

RISERS

MBL Group (LON:MUBL), up over 11% as it swung from a loss to a profit after tax of £75,000 in its results for the year to end March.

ASA Resource Group (LON:ASA), up almost 14%, as the pan-African commodity group reported the appointment of David Murangari as a new independent non-executive director with immediate effect.

Kingspan Group plc (LON:KGP), up over 5% as the building and insulation group said revenue and trading profit was up in the latest half year and the interim dividend per share added 25% to 10 Euro cents compared to 8 cents last year.

FALLERS

365 Agile Group PLC (LON:365) down over 20% to 26.5p as it has decided it can’t successfully develop an Internet of Things business and it plans to close its Nottingham operations.

Safeland PLC (LON:SAF), the property developer,  fell almost 5% as it warned it had entered an "extremely volatile environment" and posted  a drop in pre-tax profit in its latest annual results.

European Real Estate Investment Trust (LON:ERET) also dropped over 3% as it half year report failed to cheer the market.

Below are some of the main news-driven share price changes at 9am.

Risers

Image Scan Holdings Plc (LON:IGE), up 17.5%. The company has told investors it expects to break even when it announces its final results later this year, thanks to a large customer order back in June.

Stratmin Global Resources PLC (LON:STGR), up 8%. Stratmin announced on Friday that formal completion of the A$15.25mln sale of its Graphmada Mauritius subsidiary should go through today.

MySQUAR Limited (LON:MYSQ), up 9%. The Myanmar social media and content specialist says its latest game has already generated 500,000 users in its first three weeks.

 

Fallers

Premier African Minerals Ltd (LON:PREM), down 18.9%. See this morning’s news that more sampling will need to be carried out at its RHA tungsten project in Zimbabwe.

Work Group Plc (LON:WORK), down 15.4%. On Friday released its final results for the year ended 31 December 2015 which showed heavy trading losses in the UK.

TomCo Energy Plc (LON:TOM), down 13%. TomCo announced at the end of last week that it is continuing to review its financing options for its proposed African palm oil venture

Oriole Resources outlines 2023 achievements and future exploration plans

Oriole Resources PLC (AIM:ORR) CEO Tim Livesey and chief financial officer Bob Smeeton join Proactive's Stephen Gunnion with details of the company's 2023 financial and operational performance. Livesey highlighted successful exploration programs in Cameroon, at the Bibemi and Mbe projects,...

1 hour, 40 minutes ago