Pendragon unveils £75.2m rights issue to cut debt - Telegraph.co.uk
Fri, 15 Jul 2011 05:01Britain's largest car dealer unveiled a 9-for-8, 10p-a-share cash call at a 54pc discount to the company's closing share price on Wednesday. Pendragon shares closed down ¼ at 21½p on Thursday. Pendragon said it had also agreed a new three-year loan ...
Friday tips round-up: Pendragon, Centaur, ABF - ShareCast
Fri, 15 Jul 2011 05:52It is also enormous, nine new shares for eight and at 10p, is a 54% discount to the last closing share price. Nick Bubb at Arden Partners is looking for £33.5 million pre-tax profit this year. The rights issue solves a lot of problems and the new ...
Small caps: Johnston Press falls 9% - Financial Times
Thu, 14 Jul 2011 19:09“The market is valuing RSM Tenon at just 3.8 times earnings but we believe the confirmation of market numbers should provide significant share price support given how weak the share price has been since they last updated the market,” said Numis ...
Newspaper Briefing, including 'FBI to investigate News Corp hacking ... - Proactive Investors UK
Fri, 15 Jul 2011 06:16Year-on-year revenues were up by almost third, while adjusted earnings per share rose 36%. In after market trading, Googles share price leapt by 12%. Where did Mr Page over-deliver? The simple answer is that the core search advertising business is ...
Pendragon launches rights issue - Financial Times
Thu, 14 Jul 2011 16:19Trevor Finn, Pendragon chief executive, said he expected the overall market to remain flat this year, with the company's second hand car and aftersales business performing strongly. “In the first five months we have taken market share on new and used ...
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