Risers and fallers – 17/01/14

Risers: 

JQW PLC +14.93%

Chinese based AIM listed e-commerce company, JQW PLC, has today told investors that full year sales and pretax profit will beat market expectations. The company currently has full year sales of ¥400m. 

Brain Juicer +12.15%

Brain Juicer Group has today revealed pretax profit is to be substantially higher than market expectations. The online market researcher has said it expects pretax profit of £3.5m, up from £1.5m a year earlier. During 2013, Brain Juicer’s sales increased to over £24m, up 17%. 

Leni Oil &Gas +11.26%

The Environmental Management Agency of Trinidad and Tobago has today approved Leni Oil & Gas’s application for a Certificate of Environmental Compliance (CEC). The certificate will allow the company to begin their project of drilling 30 new wells at the Goudron Field.

Fallers: 

Royal Dutch Shell -3.05%

Royal Dutch Shell have today issued a profit warning and said that Q4 profit is to be significantly lower than expected, mainly due to increased exploration costs. Full year earnings (CCS basis) are expected to be around $16.8 billion, down from $27.2 billion a year earlier. Chief Executive Ben Van Beurden has said: “Our 2013 performance was not what I expect from Shell. Our focus will be on improving Shell’s financial results, achieving better capital efficiency and on continuing to strengthen our operational performance and project delivery.” 

FirstGroup -2.20%

Trading for FirstGroup PLC is set to be in line with management expectations for the three months to Dec 31 2013. The bus and rail firm has said it has had good performance in four divisions. Like-for-like passenger revenue increase by 2% for its bus division. 

24/7 Gaming Group -30.00%

Gaming entertainment provider, 24/7 Gaming Group, has today revealed it is to seek additional funding in order to reinforce working capital. 

Braemar Shipping Services -6.29%

Braemar Shipping Services has today revealed full year profit will be slightly below management expectations, mainly down to problems with contract awards. The company’s ship broking division has improved in comparison to H1.