Hints and tips:
...And with growth deteriorating, cash burn has been Promethean in pursuit of a must-have product (jerky has flopped; frozen steak and chicken are works in progress)....
...Promethean World shares were off 9.4 per cent over the week after the maker of electronic whiteboards said several large contracts had slipped into the first quarter of 2015 — meaning full-year sales would...
...Promethean fell a further 18.8 per cent this week on generally low volumes after its full-year results disappointed....
NYSE and Nasdaq lure with higher valuations
...Compounding this is Promethean’s myopic forward sales visibility of only two to three weeks....
...It stands in sharp contrast to less successful London IPOs, such as those of Promethean World – the interactive whiteboard maker whose shares are less than 10 per cent of their flotation valuation – and...
...One example is Promethean World, the maker of interactive whiteboards that joined London’s main market in 2010....
...Promethean World fell 39.7 per cent after another profit warning from the electronic whiteboard maker, whose shares have lost nine-tenths of their value since flotation in 2010....
...Promethean had fallen by around 10 per cent on Monday in reaction to the news....
...Mr Charlier, chief executive of the interactive learning company Promethean, will conduct a similar task at the company’s three telecoms businesses: SFR of France, Brazil’s GVT and Maroc Telecom....
...Promethean shares are still languishing at less than half their IPO price of 200p, deterring many others....
...Investors have criticised flotations in London in recent years amid the share price underperformance of a number of high-profile offerings including Glencore, Betfair, Ocado, Flybe and Promethean World....
...Sales at Promethean fell 18 per cent in the last three months of 2010. Mr Charlier said it was unclear when Promethean’s business in the US, its biggest market, would recover....
...A number of other deals have been pulled in recent months, including Edwards, the vacuum pump group, and other poorly performing offerings such as Perform Group, Betfair and Promethean World....
...Myners - HMV profits halve as it banks on Canada sale - FSA set to give new web lender green light - Lord Reid appeals to web hackers From The Scottish Herald, - Former ProStrakan Chief paid £341,000 - Promethean...
...Shares in interactive white boards maker Promethean and online retailer Ocado, which held the two largest technology IPOs, are both below their offer price....
...Shares in Promethean World, which makes interactive whiteboards for schools, have dropped more than 70 per cent since the float, with Betfair, the online gaming company, also in the red after a promising...
...The performance of the trickle of new share issues this year – particularly Ocado, the online grocer, and Promethean, the education technology supplier – has embittered an already difficult relationship....
...City pay jumps by 20% - China wins its first trade complaint against the EU - Quorn attracts two potential buyers - US cables: Falklands oil ‘unprofitable’ says Exxon executive - Promethean...
...Shares in Promethean, the educational IT provider, have fallen more than 30 per cent since the company’s March offering, while NXP, the Dutch chipmaker, has tumbled 6 per cent since listing on the Nasdaq...
...For example, shares in Promethean World, the maker of interactive whiteboards, have dropped 16 per cent since their March debut....
Miners mirror trend to take index to a flat finish
...Promethean World, the education technology group, said it had raised £185.7m to give it an expected market capitalisation of £400m....
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