Trading Update
22 2월 2010 - 10:10PM
UK Regulatory
TIDMSKC
Trading Update
Stockcube Plc ("Stockcube" or "Company")
Trading Update For Year Ended 31 December 2009
Stockcube, provider of technical research and analysis of the relative strengths and weaknesses of
price trends of stocks and other financial instruments, today issues a trading update in advance of
its preliminary results announcement for the twelve months ending 31 December, 2009 due to be
published in April, 2010.
As was stated in the interim statement released on 18 September 2009, the board of Stockcube did not
foresee an immediate increase in stock market activity and, although the economic shocks of the
previous eighteen months were being absorbed, the company's trading outlook for the year ended 31
December 2009 was uncertain.
Stockcube's costs are largely fixed so that the group's operating profitability is highly sensitive to
variations in our turnover. It is anticipated that turnover for the year ended 31 December 2009,
based upon un-audited management accounts, will be approximately 13 per cent. below that achieved in
2008 and, although the Company remains profitable, the reduction in turnover will be directly
reflected in operating profit, which is likely to be approximately 50 per cent. lower than reported in
2008 on a like for like basis.
Current trading
We expect the current downturn in investment activity to continue with some further reduction on our
client base in the current year, although not at the same rate as experienced in 2009 and we believe
that confidence and market activity will take some years to return to pre-2008 levels.
Future structure
With this background in mind, the board of Stockcube has been considering how to best balance
shareholders' interests with the needs of the business to maximise profits and cashflows and
remunerate staff competitively.
The board is actively reviewing the future capital structure of the Company and its status as a
publicly traded entity. Whilst no decision has been made yet, any decision to cancel the admission of
the Company's shares to trading on AIM will be accompanied by a suitable proposal to enable investors
to realise their investment. A further announcement regarding this matter will be made in due course
and shareholders are urged not to take any action until such time.
Contact:
Julian Burney
Stockcube plc +44 (0)20 7352 4001
Shirley Yeoh
Stockcube plc +44 (0)20 7352 4001
William Vandyk
Astaire Securities +44 (0)20 7448 4400
Stockcube PLC
Stockcube (LSE:SKC)
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Stockcube (LSE:SKC)
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부터 6월(6) 2023 으로 6월(6) 2024
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