4th Aug 2022 11:10
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.
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AIM - WINNERS
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Falanx Group Ltd, up 32% at 0.76 pence, 12-month range 0.50p-1.60p. The cyber security services provider expects to post a revenue rise of 14% to GBP3.5 million for the year ended March 31. It also expects the gross margin to have improved to 40% from 32%. "The group has been trading in line with management expectation since the start of the current financial year. Significant planned investment has taken place in the cyber division, particularly around sales and marketing expansion and product innovation," it adds.
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BlueRock Diamonds PLC, up 10% at 8.82 pence, 12-month range 6.00p-67.00p. The diamond producer sells two large stones for a combined USD121,716 during a July tender. In addition, improved weather conditions led to output stepping up to 70,000 tonnes in July from 57,000 in June.
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AIM - LOSERS
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Sanderson Design Group PLC, down 6.0% at 106.18p, 12-month range 102.00p-235.00p. The interior design and furnishings group is "vigilant" of unpredictable market conditions, it says. "We are planning for a wide range of possible scenarios in the second half. Despite this, full year trading currently remains in line with the board's expectations," Sanderson adds. Revenue in the first half ended July 31 rises 0.7% to GBP57.9 million from GBP57.5 million a year prior.
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By Eric Cunha; [email protected]
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