New Autoclenz boss buys in after results
A round-up of the biggest director deals today so far.
Autoclenz's new chairman James Leek has topped up his holding in the car valeter the day after it announced it fell into losses on the back of difficulties across the automotive sector.
He bought 50,000 at 22p a time, taking his holding to 905,000, which amounts to 8.7% of the company.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
In yesterday's results, adjusted profit before tax was £0.9m (2007: £1.55m) but on a pre-tax level, the group fell into losses of £246,000 versus £393,000 profit last year. Sales improved 3.5% to £27.97m.
The group said it has been a challenging year with the effects of the recession increasingly impacting its revenue from the automotive sector particularly during the last quarter.
"I am pleased to report that despite the increasingly difficult market conditions, these results are slightly ahead of stockbrokers forecasts issued after our trading update in August 2008," said Leek
Top Director Buys
Value: £25,012
Value: £25,012
Value: £19,950
Value: £15,000
Value: £13,860
Value: £11,000
Value: £10,416
Value: £10,005
Value: £10,005
Top Director Sells
Value: £72,123
Value: £47,500
-
The UK areas which saw biggest jump in asking prices in 2025 – is yours on the list?We look at the UK areas where asking prices rose the most last year.
-
‘Sandwich generation’ carers losing £6,000 a year to support elderly relativesMiddle-aged adults are often caught between caring for children or grandchildren and their elderly parents, leaving them taking time out of the workforce and facing a huge hit to wages while they are still trying to save for retirement. We look at the true cost of caring.
