Investors in Gresham House PLC (LSE:GHE) can see the wood for the trees.
The asset management group said it had seen strong growth this year, with increasing momentum in the fourth quarter.
Following the completion of an international forestry transaction, it expects to significantly outperform market expectations, with assets under management up at least 50% to more than £6bn.
Adjusted operating profit is expected to be at least £18.5mln and margins in excess of 32%, not including performance fees.
As well as being appointed as asset manager for the 24,800-hectare Australian forestry investment, Green Triangle Forest Products, the firm also launched the Gresham House Forest Growth & Sustainability LP fund.
Its shares have climbed 9.91% or 79.01p to 876.01p.
2.40pm: Diaceutics launches pharmaceutical service in US
Diaceutics PLC (AIM:DXRX) has moved up after it launched its Test Signal service in the US.
The service alerts a pharmaceutical company customer when a patient is eligible for treatment and follow up, allowing earlier treatment with the most appropriate drug treatment sooner.
Test Signal was previously available as a monthly report but now can be accessed in real time.
The company has secured six multiyear data subscriptions for the service.
Chief executive Peter Keeling said: "The launch of Test Signal represents another big step [towards] recurring, high margin and scalable multi year subscription revenues."
Diaceutics is up 2.96% or 3p at 104.5p.
12.33pm: Made.com falls as revenue delays hit earnings
Furniture and homeware group Made.com Group PLC (LSE:MADE) is looking uncomfortable after warning of a loss this year.
It had expect to report positive earnings but is now forecasting a £12mln to £15mln loss, as supply issues mean a chunk of revenues - some £35mln to £45mln - will now be pushed into next year.
It said: "Strong consumer demand for Made.com products comes against the backdrop of significant ongoing industry wide supply chain disruptions, which have worsened in recent months, negatively impacting the timing of stock intake.
"These included the recent extended closure of manufacturing in Vietnam, further port congestion and extended shipping times. As indicated at Made's interim results, the timing of stock intake affects the timing of revenue recognition.
"Due to increased disruptions, Made now anticipates a greater proportion of revenue to be delayed to early 2022, with a corresponding higher level of deferred revenue for 2021. Consequently, there will be a timing implication on adjusted EBITDA associated with delayed revenue recognition."
The news has helped push its shares down 14.14% or 19p to 115.4p.
10.52am: Real Good Food rises after cutting losses and debt
Cake decoration specialist Real Good Food PLC (LSE:RGD) has seen a tasty rise in its shares after it cut its losses substantially.
The company saw half year revenues rise by 29.9% to £19.9mln. Losses fell from £4.7mln to £1.2mln.
During the year it sold snack bar business Brighter Foods for £43mln in cash, with £35.7mln attributable to the group. This left it with cake decoration business Renshaw and helped cut its debt to £24.9mln.
Since the half year, the company said revenues had bounced back to pre-COVID-19 levels and were expected to exceed last year.
It said increased revenues and selective price increases were likely to largely mitigate the impact of higher logistics, raw material, packaging, and labour costs.
Chairman Mike Holt said: "We have made a good start to the year and the group is in good shape for the seasonally busier second half of the year.
"Our turnaround activities are gaining traction, enabling Renshaw to regain its reputation as a product innovator and first choice provider of quality products, both branded and private label. Overall, prospects for the remainder of the year are good and we are confident of being able to report on further progress being made. In addition, the board has committed to spend £0.9 million this year on capex to accelerate the progress being achieved."
Its shares have jumped 14.29% or 0.35p to 2.8p.
9.43am: Go Ahead drops by nearly a quarter as its shares face suspension
Go Ahead Group (LSE:GOG) has gone sharply into reverse after it said its shares were likely to be suspended in January because it cannot get its accounts out on time.
The group admits it breached the terms of its London & South Eastern Railway franchise contract with the Department for Transport, and faces a possible fine as a result.
It said: "Serious errors were made by LSER with respect to its engagement with the DfT over several years. In particular, the group accepts that, by failing to notify the DfT of certain overpayments or monies due to the DfT, LSER breached contractual obligations of good faith contained in the franchise agreements."
Services on the line were subsequently taken over by the government.
Go Ahead expects to make a provision for the fine in its 2021 accounts, but it needs more time to consider the implications of an independent report into the situation.
So its auditors will not complete the accounts by 3 January 2022, the latest date they can be published. So it expects it shares to be suspended the next day, until the results are released.
Its shares have slumped 23.58% or 166.25p to 538.75p.
8.55am: CloudCall surges after agreeing takeover by Silicon Valley firm
Shares in CloudCall Group PLC (AIM:CALL, OTCQX:CLLLF) have dialled up a big rise after the communications group agreed a £39.9mln takeover.
Silicon valley tech investor Xplorer Capital Management has offered 81.5p a share in cash for the company, saying the business could develop faster with the additional finance it could provide.
The deal is expected to be completed in the first quarter of 2022.
CloudCall's non-executive chairman Peter Simmonds said: "Over recent years, the management of CloudCall has continued to develop its product mix, enhanced its client base and positioned itself for growth. However, CloudCall operates in a highly competitive environment where many of its peers are larger and better capitalised and CloudCall will require additional funding to continue to support its strategy and remain competitive.
"Against this backdrop, I believe the offer from Xplorer Capital represents an attractive premium, provides certain value today for CloudCall shareholders and provides CloudCall with the opportunity to access significant further capital to implement CloudCall's strategy in the future."
CloudCall shares have surged 65.26% or 31p to 78.5p.
Also heading higher is Moonpig Group PLC (LSE:MOON), despite the online greetings card company revealing the effects of COVID-19 lockdowns on its results.
Half year revenues fell 8.5% to £142.8mln while pretax profits were down from £33mln to £18.7mln. But profits were higher than the £9.4mln reported in the same period in 2019.
And it said that revenues for 2022 were expected to be at the top end of the forecast range of £270mln to £285mln.
The company's shares have climbed 6.15% or 22p to 380p.