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Pin to quick picksFrp Advisory Group Share News (FRP)

Share Price Information for Frp Advisory Group (FRP)

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Share Price: 119.25
Bid: 118.50
Ask: 120.00
Change: 0.25 (0.21%)
Spread: 1.50 (1.266%)
Open: 119.50
High: 119.50
Low: 118.75
Prev. Close: 119.00
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UK SMALLCAP ROUNDUP: Domino's Polish Franchise Eyes GBP6.5M IPO

Wed, 21st Jul 2010 12:30

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DP POLAND, a new firm that has secured the Polish franchise for major pizza delivery brand Domino's Pizza Inc. (DPZ), Wednesday said it plans to raise GBP6.5 million when it joins London's junior Alternative Investment Market July 28. Domino's Pizza doesn't currently have any operations in Poland and so DP Poland plans to roll out Domino's Pizza stores predominantly in Warsaw and hopes to have opened at least 27 owned stores by the end of 2012 and over 50 in the next four to five years. ENTERTAINMENT ONE LTD. (ETO.LN), an independent film and television producer, announced a 16.7% rise in first-quarter sales, boosted by the release of the latest Twilight Saga movie, and said it continues to size up acquisition opportunities to enter new territories. At 1033 GMT, shares +3 pence, or 3.8%, at 81.5 pence. FAIRPOINT GROUP PLC (FRP.LN), a consumer debt advisor, said it expects to get around a third of its group revenue from "value-added services" by the end of 2010, Chief Executive Chris Moat said, as the company looks to increase customer numbers by offering more money-saving products. Since last year Fairpoint has been offering "value-added services" such as utility switching and pre-paid cards offered to financially distressed customers that called its helpline. At 1033 GMT, shares flat at 76.25 pence. EREDENE CAPITAL PLC (ERE.LN), an investor in infrastructure, will likely return to market in the medium term to raise some cash for its investment in a landmark container terminal project, Chief Executive Alastair King said. "We have no enormous need as for the first draw-down [for Ennore], we need GBP5.4 million over the course of the next 18 months," he said. At 1034 GMT, shares +0.5 pence, or 2.5%, at 20.5 pence. WEST PIONEER PROPERTIES LTD. (WPR.LN), an Indian property developer, now expects to make $17 million profit from the three residential tower blocks it is developing near Mumbai given rising house prices, Chief Executive Ajay Gupta said. The company last summer entered the residential market in Kalyan, a suburb of Mumbai, with plans to develop three tower blocks called Metro Residency. It originally expected to make $4 million profit from each tower but this has since risen. At 1034 GMT, shares +0.5 pence, or 2.4%, at 21 pence. ZETAR PLC (ZTR.LN), a U.K. confectionery and snack foods company, said it expects to make some small bolt-on acquisitions this year, although if it had sufficient funds it would set its sights on bigger deals further afield. "We do have some potential partners particularly in Europe that we would look to do something with but unless there's easier access to equity then it's unlikely," Chief Executive Officer Ian Blackburn said. At 1034 GMT, shares +4.5 pence, or 2.1%, at 216.5 pence. RM PLC (RM.LN) said it has secured a GBP29 million Building Schools for the Future, or BSF, contract, just two weeks after it said GBP200 million of future revenue is under threat from cuts to schools spending by the U.K. government. At 1035 GMT, shares flat at 143.5 pence. SSL INTERNATIONAL PLC (SSL.LN), the maker of Durex condoms, said it agreed terms for a GBP2.54 billion takeover by household products maker Reckitt Benckiser Group PLC (RB.LN). Reckitt Benckiser's offer represents a premium of 32.8% to SSL's closing price Tuesday and is four times SSL's share price five years ago, according to SSL Chairman Gerald Corbett. Reckitt said the acquisition of SSL would add Durex condoms and Scholl footcare products to its stable of "Powerbrands" and will immediately boost earnings. At 1035 GMT, shares +295 pence, or 33%, at 1,177 pence. DOMINION PETROLEUM LTD. (DPL.LN), an oil and gas explorer, said it didn't find any oil or gas at an exploration well in Uganda. The company said the Ngaji-1 well at Lake Edward Graben was drilled to 1,765 meters. No hydrocarbons were found, Dominion said. At 1035 GMT, shares -2.18 pence, or 39%, at 3.45 pence. BLACKS LEISURE GROUP PLC (BSLA.LN), a retailer of outdoor clothing and equipment, reported a 30% year-on-year fall in sales for the 17 weeks to the end of June, with particularly tough trading in May, but said it is encouraged by an improved performance of its newly-opened stores. At 1036 GMT, shares -2.5 pence, or 6%, at 39 pence. DJ UK Smaller Cos +0.5% AIM +0.5% -By Rachael Gormley, Jason Douglas & Hannah Benjamin, Dow Jones Newswires; +44 (0) 20 7842 9272; uksmallcaps@dowjones.com (END) Dow Jones Newswires July 21, 2010 07:30 ET (11:30 GMT)
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7 Oct 2010 16:39

Hargreaves Lansdown founder raises £58m from share sale

Hargreaves Lansdown founder Stephen Lansdown has sold nearly 3% of the company. Lansdown sold 13.56m shares at 429p each, which raised £58.18m. That leaves Lansdown with 20.1% of the financial adviser. Wealth management firm Hargreaves Lansdown reported a record year to June 2010 despite tough m

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15 Sep 2010 08:41

Fairpoint profit up as more customers seek advice

Debt advisor Fairpoint reported a 9% increase in half year profit as the group cut costs and the number of customers seeking its advice rose. Adjusted pre-tax profit rose to £2.6m for the six months ended 30 June 2010 from £2.4m before. Revenue was £13.9m little changed from £13.8m in the year earl

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21 Jul 2010 15:43

Fairpoint buys Moneyextra.com

Consumer debt consultant Fairpoint Group said trading in the first half of its financial year has been in line with expectations, with revenues and profits marginally ahead of last year. The company has acquired price comparison web site Moneyextra.com in a move that should increase non-IVA (indiv

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21 Jul 2010 10:36

INTERVIEW: Fairpoint Targets Third Of Rev From Value-Added-Svcs

By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. consumer debt adviser Fairpoint Group PLC (FRP.LN) expects to get around a third of its group revenue from "value-added services" by the end of 2010, Chief Executive Chris Moat said Wednesday, as the company looks to increase

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21 Jul 2010 09:30

UK SMALLCAP ROUNDUP: SSL Agrees GBP2.54B Offer From Reckitt

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SSL INTERNATIONAL PLC (SSL.LN), the maker of Durex condoms, said it agreed terms for a GBP2.54 billion takeover by household products maker Reckitt Benck

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21 Jul 2010 07:51

Fairpoint Group Buys Moneyextra.com, Looks To Mix Up Revenue

LONDON (Dow Jones)--U.K. consumer debt adviser Fairpoint Group PLC (FRP.LN) Wednesday said it has agreed to buy price comparison website Moneyextra.com Ltd for an expected cost of GBP8 million as it looks to increase customer numbers by offering more money-saving products. Fairpoint, which provi

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21 Jul 2010 07:00

Fairpoint Group Plc Acquisition Of Moneyextra.Com

TIDMFRP RNS Number : 6542P Fairpoint Group PLC 21 July 2010 ? 21 July 2010 Fairpoint Group plc Acquisition of Moneyextra.com Limited Fairpoint Group plc ("Fairpoint" or the "Group") is pleased to announce that it has accelerated its strategy

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16 Mar 2010 17:32

Small caps round-up: Creat Resources, Dealogic, Fairpoint

Creat Resources, which bought exploration licence EL21/2004 near Mount Dundas, Western Tasmania for its nickel, has welcomed the potential economic presence of tin. It plans to drill the Razorback and Grand Prize tin mines to a higher resource confidence level, which should increase value to shareh

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12 Jan 2010 17:17

London close: Footsie finishes below 5,500

Equities staged a rally in the afternoon session but it was not enough to push the Footsie back into the black, largely because of weak miners, which took fright at moves by the Chinese central bank to cool down the economy by increasing the reserves ratio for Chinese commercial banks. Fresnillo, L

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12 Jan 2010 14:47

London afternoon: Chinese banking move sparks selling

News that China has raised the reserve requirements for its banks in an attempt to choke growth in the economy has spooked global markets, including London. The prospect of China slowing down economic expansion does not sit well with miners such as Fresnillo, Lonmin, Kazakhmys, Vedanta and Xstrata,

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12 Jan 2010 12:11

London midday: Retreat picks up pace

The market's retreat is picking up pace, as the losses suffered by miners lengthen in the wake of disappointing results from Alcoa, the US aluminium producer. Alcoa, which kicked off the fourth quarter earnings reporting season in the US, declared a slightly worse than expected loss from continuing

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12 Jan 2010 10:32

Fairpoint reinstates dividend

Debt advice firm Fairpoint reinstated its dividend payment and said trading in the second half was in line with management expectations. Revenues were some 9% ahead of the first half and 19% ahead of the corresponding period in 2008. Pre-tax profit for the year to 31 December, adjusted for brand am

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23 Dec 2009 15:49

Fairpoint chairman raises interest

Fairpoint non-executive chairman Matthew Peacock has added to his interest in the debt management business formerly known as Debt Free Direct. Peacock is a partner in Hanover Investors Management and Hanover Investors Management (Cayman) has acquired 181,720 shares at 55p a share. This takes the t

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15 Sep 2009 13:52

Small caps round-up: China Shoto, Resources in Insurance, Cello...

Continued growth in the Chinese economy despite the global downturn helped China Shoto, which makes batteries for mobile phones, post a 41% rise in revenues in the half year to June 30. Pre-tax profits climbed to £6.4m from £4.4m over the same period the previous year as revenue rose to £96.5m from

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