Tracking

Tuesday 24 May 2011

Good RNS

This morning I had 2 RNS alerts. The first was for Pinnacle Telecom stating that they had won the contract for the Women's Open Golf Tournament. This was another step forward and itwill be interesting to see their interim results which will be out in June.

The second RNS was for Greencore Group which was their Interim Results and these showed a 7.9% growth in sales and 1.7% growth in profit.They had also reduced their bank interest debt by 30% so not a bad result.

It will be interesting to see how the sp of these 2 companies is affected today!

Just had an RNS for GMA Resources, not too exciting as they have issued 5M shares to  cover a loan issued in 2007. Small dilution but I amkeen to find out what affect that will have and why it was converted now!

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