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Armadale Capital

Current Price 1.24p Bid 1.20p Ask 1.25p Change 0.00%
Last Updated: 25/05/2019 22:38. Prices delayed by at least 15 minutes.
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Company Overview

Armadale Capital plc (formerly Watermark Global plc, formerly MicroFuze International plc) is focused on investing in and developing a portfolio of investments, targeting the natural resources and/or infrastructure sectors in Africa. The Company, led by a team with operational experience and a strong track record in Africa, has a strategy of identifying high growth businesses where it can take an active role in their advancement. The Company owns the Mahenge Liandu graphite project in south-east Tanzania, which is now its main focus. The Project is located in a highly prospective region with a high-grade JORC compliant inferred mineral resource estimate of 40.9Mt @ 9.41% TGC. At least 32Mt of this resource has an average grade of 10.47% TGC, one of the largest high-grade resources in Tanzania, and work to date has demonstrated Mahenge Liandu's potential as a commercially viable deposit with significant tonnage, high-grade coarse flake and near surface mineralisation (implying a low strip ratio) contained within one contiguous ore body. Other assets Armadale has an interest in include the Mpokoto Gold project in the Democratic Republic of Congo and a portfolio of quoted investments.

Financial Highlights Year Ended 31/12/2017

Turnover
£0.00m
Operating Profit
£-0.40m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.48

Key Personnel

Emmanuel Steve Mahede
Non-Executive Director
Nicholas Johansen
Non-Executive Director

Stock Details

EPIC
ACP
ISIN
GB00BYMSY631
Shares in Issue
375,331,704
Market cap
£4.62m
Sector

Analyst Views (1)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
100.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
1.23p
Bid Price
1.20p
Ask Price
1.25p
Volume
670957
Change Today
0.00p
% Change Today
0.00%
Open
1.23p
Previous Close
1.23p
Intraday High
1.24p
Intraday Low
1.20p
52 Week High
1.83p
52 Week Low
0.88p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Armadale Capital Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
2.4
8.8
Investments & Other Non-Current Assets
0.0
0.0
Total Non-Current Assets
2.4
8.8
Inventory
0.0
0.0
Trade & Receivables
0.1
0.2
Cash & Receivables
0.1
0.1
Other Current Assets & Assets Held for Resale
0.3
0.0
Total Assets
2.8
9.1

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Short Term Liabilities
0.6
1.0
Long Term Liabilities
0.2
0.0
Other Liabilities / Pension etc
0.1
0.0
Total Liabilities
0.9
1.0

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Net Assets
1.9
8.1

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Share Capital
3.0
3.0
Minority Interests
0.0
0.0
Retained Earnings
-21.5
-15.3
Share Premium Account
19.7
19.0
Other Equity
0.7
1.5
Total Equity
1.9
8.1

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Cashflow from Operating Activities
-0.3
-0.1
Cashflow Before Financing
-0.8
-1.0
Increase / Decrease in Cash
-0.1
-0.1

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2017
31 Dec 2016
Turnover
0.0
0.0
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-0.4
-0.9
Pre-Tax Profit
-0.4
-0.9
Profit / Loss for the Year
-6.2
-0.9
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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