Tech consultancy eyes further acquisitions after £7.7m funding deal
Manchester-based technology consultancy, inTec Business Solutions, has entered into a £7.7m royalty financing agreement with Duke Royalty.
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Duke Royalty Q1 cash revenues ‘marginally’ above management expectations
Alternative capital provider Duke Royalty said on Monday that its first-quarter cash revenue performance had slightly bested internal forecasts. Duke stated cash revenue, being cash distributions from its royalty partners and cash gains from sales of equity assets, totalled £2.9m for the three months ended 30 June, marginally above management’s expectations.
Bargain shares: Exploiting information voids
Our small-cap stock picking expert highlights two under researched anomalously priced investment companies on his watch list.
Duke exits Berkley investment with profit
UK investment group Duke Royalty has exited its investment in Irish firm Berkley Recruitment, generating a 16pc return.
Duke’s investment in Cork-based Berkley was inherited via the UK firm’s acquisition of Capital Step in early 2019.
Private investors lose out in corporate bids
We are delighted to be included in Lord Lee’s latest article in the Financial Times highlighting Duke as one of his newest investments:
‘Current financial pressures on business are providing an increased flow of opportunities for Duke, enabling the group to selectively make perhaps four new investments a year. I expect both companies to grow over the medium term.’
Small-caps with upgrade potential
Earnings momentum is the key driver of share prices, so it pays to know when a company is likely to beat expectations. Simon Thompson highlights two small-cap companies where both the earnings and investment risks are pointing to the upside.
MIDAS RECOVERY SPECIAL: UK shares are the biggest bargain in DECADES – so try these 10 great stock tips
The weather is warming up, spring is in the air and some 15 million Britons have now been vaccinated against coronavirus. Yes, we are all still in lockdown but the exit route is becoming clearer by the day and businesses up and down the country are feeling more hopeful than they have in months.
In many cases, the potential of these firms is not reflected in their share prices. The UK stock market has been battered since the Brexit vote, and is now at a record discount to markets in the rest of the world, according to the MSCI World index, which tracks shares in 23 countries, including the US, Japan and most of Europe.
Duke Royalty enters management buyout funding deal with Fabrikat
(Sharecast News) – Alternative capital provider Duke Royalty has entered into a £6.2m royalty financing agreement with Meteor HoldCo, it announced on Tuesday, which undertakes business as Fabrikat.
The AIM-traded firm said Fabrikat, formed in 1985 and based in Sutton-in-Ashfield, is a fabricator of steel products supplying the UK street lighting and guardrail markets.
Duke Royalty reports record quarter of cash revenue generation
Alternative capital provider Duke Royalty updated the market on its trading and operations on Thursday, reporting cash revenue for the third quarter of £4.2m, representing a record quarter of cash revenue generation for Duke. The AIM-traded firm said that, within that £4.2m, £1.7m related to the receipt of the redemption premium generated from the exit of Welltel in December.