Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSealand Cap Share News (SCGL)

Share Price Information for Sealand Cap (SCGL)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.08
Bid: 0.07
Ask: 0.09
Change: 0.00 (0.00%)
Spread: 0.02 (28.571%)
Open: 0.08
High: 0.08
Low: 0.08
Prev. Close: 0.08
SCGL Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS SUMMARY: North American IT hikes dividend on US business

Tue, 27th Sep 2022 15:00

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

----------

Afentra PLC - upstream operator in Africa with carried interest in Odewayne block onshore southwestern Somaliland - Pretax loss widens as makes no revenue but is optimistic for future. In the half year to June 30 pretax loss widens to USD2.9 million from USD2.4 million a year prior. Posts no revenue in either period. "To support our business development activities, we continue to engage with both debt and equity capital markets to ensure we have supportive investors and access to capital for any deals we bring to market. We look forward to demonstrating the true value accretive nature of these initial transactions as we complete them both in the coming months and begin working with the operator and joint venture partners to optimise production, enhance environmental performance and realise the material upside value from these licences," states Chief Executive Officer Paul McDade.

----------

Alien Metals Ltd - mineral exploration in Australia, Mexico and Greenland - Touts progress at "various projects" as makes no revenue yet. Pretax loss in half-year to June 30 widens to USD1.4 million from USD814,000 a year prior. Reports no revenue in either period. Looking ahead, company says it "is looking forward to further advancing its existing portfolio of prospective silver and copper/gold projects in Mexico and silver and iron ore projects in Australia, as well as seeking joint venture opportunities. Reviews are ongoing for adding projects to the company portfolio and finding partners for existing projects to support future work and development."

----------

Crimson Tide PLC - Kent, England-based mobile software firm - Cites "promising" outlook while swings to an interim loss. Pretax loss in the half-year to June 30 stands at GBP860,000, versus a profit of GBP286,000 a year ago. Revenue grows 15% to GBP2.3 million from GBP2.0 million. However, operating expenses widen by 86% to GBP2.3 million from GBP1.2 million. "The outlook is extremely promising. A focused organisation with a unique product and service combination, a strong pipeline and visibility of revenue means we can be confident about reaching our targets and longer-term ambitions," says CEO Jacqueline Daniell.

----------

Location Sciences Group PLC - London-based location data verification firm - Pretax loss in the six months to June 30 narrows to GBP492,353 from GBP527,237 a year prior. Revenue jumps to GBP145,430 from GBP50,968. Looking ahead, Chair Simon Wilkinson says: "The board continues to review how best to maximise the value of the company's assets and will update shareholders in due course."

----------

North American Income Trust PLC - invests predominantly in S&P500 equities - Net asset value per share rises 2.6% to 327.18 pence at July 31 from 318.79p at January 31. Interim NAV total return of 5.5% outperforms its benchmark, Russell 1000 Value Index, which posted a total return of 4.9%. Declares interim dividend of 5.00p per share, up 32% from 3.80p a year ago. States that business in US was very positive, but notes "several" headwinds, such as Russia's war against Ukraine "and questions over the ability of central banks globally to strike the right balance between bringing inflation under control and stymying economic growth."

----------

Sealand Capital Galaxy Ltd - Asia-focused digital investor that offers financial and strategic support to entrepreneurs - Pretax loss in the six months to June 30 widens to GBP201,526 from GBP144,677 a year prior. Revenue nearly doubles to GBP76,071 from GBP39,184. Administrative expenses widen to GBP237,535 from GBP160,515. Commenting on a "trend" of customers buying small luxuries instead of very large purchases, company says: "This trend is in line with the brands for which we have exclusive licences, and we expect to see this to continue into 2023."

----------

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
30 Sep 2019 14:45

Sealand Capital Galaxy Loss Widens On Other Income Gain Year Before

Sealand Capital Galaxy Loss Widens On Other Income Gain Year Before

Read more
10 Jun 2019 13:33

Sealand Capital Galaxy Appoints Geoffrey Griggs As Non-Executive

LONDON (Alliance News) - Information technology and digital sector focused investment company Sealand Capital Galaxy Ltd on Monday said it has appointed Geoffrey Griggs as independent director is

Read more
14 May 2019 13:35

Sealand Capital To Buy 55% Stake In Advertising Firm New Sky Global

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said Tuesday that it will acquire 55% stake in Hong Kong-incorporated digital marketing and advertising firm New Sky Global Media Ltd for or IT

Read more
8 May 2019 12:08

Sealand Capital Galaxy Non-Executive Director Max Li Steps Down

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said on Wednesday that Non-Executive Director Max Li has resigned from the role with immediate effect.Li has been part of the investment

Read more
1 May 2019 14:14

Sealand Capital Narrows Loss, Moves Ahead With Tencent Partnership

LONDON (Alliance News) - Sealand Capital Galaxy Ltd on Wednesday reported a narrowed loss in 2018 after generating revenue in the period and disposing of its secure communications software which a

Read more
29 Mar 2019 13:44

Sealand Capital Launches Three Initiatives Under Tencent Partnership

LONDON (Alliance News) - Asia-focused digital sector investor Sealand Capital Galaxy Ltd said on Friday it will continue to work with Hong Kong-listed internet giant Tencent Holdings Ltd through a

Read more
12 Mar 2019 17:48

Ng Mau Chung Now Holds 7.9% Interest In Sealand Capital Galaxy (ALLISS)

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said on Tuesday that Ng Mau Chung now holds a 7.9% stake in the company.Ng Mau Chung's previous holding was not disclosed, however in

Read more
21 Feb 2019 12:13

Sealand Capital Galaxy Appoints Mark Battles As Non-Executive Director

LONDON (Alliance News) - Sealand Capital Galaxy Ltd on Thursday said it appointed Mark Battles as non-executive director with immediate effect.Battles has "extensive experience" a

Read more
4 Feb 2019 15:27

Sealand Capital In Talks For Non-Executive Frazer Macrae's Replacement

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said on Monday that Non-Executive Director Frazer Macrae has stepped down from the board with immediate effect, and the company is in with a his

Read more
17 Jan 2019 15:56

Ng Mau Chung Holds 5.5% Interest In Sealand Capital Galaxy (ALLISS)

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said on Thursday that Ng Mau Chung now holds a 5.5% stake in the company with effect from January 7.Ng Mauy Chung's previous holding,

Read more
30 Oct 2018 12:12

Sealand Capital Galaxy Shares Restored To Trading After Six Months (ALLISS)

LONDON (Alliance News) - Shares in Sealand Capital Galaxy Ltd were restored to trading on Tuesday after six months of suspension, as the company published its delayed financial in Sealand were in

Read more
12 Jun 2018 11:23

Sealand Capital Expects SecureCom Disposal To Complete By June End

LONDON (Alliance News) - The IT-focused investment firm Sealand Capital PLC said Tuesday its expected completion of its disposal of SecureCom Media Holdings Ltd to Creative Alpha Ltd was due to of

Read more
20 Apr 2018 13:08

Sealand Capital In Talks To Sell Subsidiary SecureCom Media

LONDON (Alliance News) - Sealand Capital Galaxy Ltd said Friday that it has entered into a non-binding agreement to sell unit SecureCom Media Holdings Ltd to Creative Alpha Ltd for a nominal of IT

Read more
6 Mar 2018 13:53

Sealand Capital Enlists Over 85 Shops To Join WeChat Pay Services

LONDON (Alliance News) - Asia-Pacific focused business investment company Sealand Capital Galaxy Ltd said it has enlisted over 85 shops to join WeChat Pay

Read more
22 Aug 2016 15:20

Sealand Capital Awaits Completion Of Acquisition After Reporting Loss

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.