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Andrew Hore

Contributor at UK Investor Magazine

Hubinvest is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.

Articles

  • 1 week ago | ukinvestormagazine.co.uk | Andrew Hore

    Lung cancer diagnostics developer LungLife AI (LON: LLAI) still plans to leave AIM following its US distribution deal, which requires shareholder approval. This will leave LungLife AI with the activities of running the LungLB test and collecting royalties. Circulogene will have exclusive rights to distribute and further development the LungLB lung cancer diagnostic in the US and the other countries it is involved in. It will also receive some of LungLife AI’s equipment.

  • 1 week ago | ukinvestormagazine.co.uk | Andrew Hore

    Musical instruments retailer Gear4Music (LON: G4M) has acquired assets from the administrators of GAK (GAK.co.uk Ltd and The Guitar, Amp & Keyboard Centre Ltd). The stock purchased cost £600,000 but could have a value three times that figure. Gear4Music had been hit by discounting by GAK. There are no plans to use the GAK trading brand. There has been an improvement in trading with sales growth in double digits in recent weeks. The share price recovered 17% to 137.5p.

  • 1 week ago | ukinvestormagazine.co.uk | Andrew Hore

    Jarvis Securities (LON: JIM) is selling its execution only broking business to Interactive Investor for £11m and winding down its clearing and settlement operations. The share price slumped 58.1% to 18p. This is the lowest level since the end of 2006. The broking business generated £8.55m out of group revenues of £13.1m in 2023. Assets under administration ate £1.27bn.

  • 1 week ago | ukinvestormagazine.co.uk | Andrew Hore

    North Sea gas project developer Deltic Energy (LON: DELT) says estimates of gross 2C contingent resources at the Selene gas project, where Deltic Energy has a 25% interest, increased by one-third to 174bcf and its share of post-tax NPV10 estimate is $83m met at 80p/therm. Modelling suggests enhanced production potential from the B-sand interval. A final investment decision could happen in early 2027. The share price is one-quarter higher at 5p.

  • 2 weeks ago | ukinvestormagazine.co.uk | Andrew Hore

    Investment company Rockwood Strategic (LON: RKW) has an excellent track record of investing in undervalued companies and growing its NAV. The latest trading statement shows that the momentum is being maintained. It is a good idea to take note of where it is investing. Rockwood Strategic identifies undervalued and underperforming smaller quoted companies. It gets involved with the companies and their strategies with a three-to-five-year outlook.

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Andrew Hore
Andrew Hore @Hubinvest
6 Mar 23

Latest edition of AIM Journal, including #AIM trading volumes decline and potential #AIM new admissions. https://t.co/dCce2AAH8W

Andrew Hore
Andrew Hore @Hubinvest
9 Aug 21

Review of FTSE UK index eligibility https://t.co/tYi5fFhfds https://t.co/2ciiADMEPe

Andrew Hore
Andrew Hore @Hubinvest
6 Aug 21

AIM liquidity continues to improve https://t.co/tYi5fFhfds https://t.co/YuDOY3GEtP