HaloSource DI

HALO: 1.40 0.00 (0.00%)

Delayed:2018-02-16 16:57:06
Bid Price 1.25 High Price 1.40
Ask Price 1.40 Low Price 1.40
Open Price 1.40 Spread 11.32%
Prev Close 1.33 Volume 35,000.00

HaloSource DI Share Price Chart


Historic - 1 year

HaloSource DI Share Price Information

Name HaloSource DI Epic HALO
Sector ISIN US40638H1086
Activites Security Type Equity

Key numbers

Latest Share Price (p) 1.33 Net Gearing (%)
Market Cap (£m) 0.00 Gross Gearing (%)
Shares in issue (m) 0.00 Debt Ratio
P/E Ratio Debt-to-Equity Ratio
Divs per share (p) Assets / Equity Ratio
Dividend Yield (%) Price to book value
Dividend Cover SROCE (%)
Earning per share (p) EPS Growth (%)
52-week high / low (p) 0.00 / 0.00 DPS Growth (%)

HaloSource DI Broker Views

Date Broker Rec. Price Old target price New target price Notes
30 Oct Liberum Capital Hold 1.40 Retains
09 Oct Liberum Capital Hold 1.40 Retains
10 Jul Liberum Capital Hold 1.40 Retains
03 Jul Liberum Capital Hold 1.40 Retains
19 Jun Liberum Capital Hold 1.40 Retains

HaloSource DI Director Deals

HaloSource DI Company News

HaloSource commercial production of lead reduction media

HaloSource has announced the successful completion of the first commercial production of its new heavy metal reduction media, HaloPure Adsorption Composite in conjunction with its supply partner, Chematek.

HaloSource said that as previously announced on 13 Feb 2017, this novel filtration media was expected to be the class-leading lead reduction media for gravity-cartridge and low pressure applications, capable of meeting rigorous National Sanitation Foundation/ANSI 53 certification in devices such as pitchers and bottles.

It said this innovation represented the company's second major technology under the HaloPure brand, joining its disinfection technology the world's leading brominated bead media for cartridge-based bacteria and virus disinfection.

It said bottles and pitchers using the new lead reduction media would now be available for sale alongside existing products utilising its disinfection technology.

At 9:25am:

(LON:HAL) HaloSource share price was 0p at 1.13p

(LON:HALO) HaloSource DI share price was +0.03p at 1.08p

Story provided by StockMarketWire.com

HaloSource resolutions passed at AGM

HaloSource has confirmed that all resolutions proposed at its annual general meeting were passed.

Story provided by StockMarketWire.com

HaloSource revenues to be at low end of forecasts

HaloSource has warned that revenues are likely to be at the low end of forecasts.

The group said it was notified late on 22 Dec that the previous day the Chinese government had issued a temporary shutdown order to manufacturing facilities in the region where its glass pitcher supplier was located for region wide, rather than supplier specific, pollution mitigation reasons.

It said that as a result, it had experienced an unexpected delay in receipt of glass pitchers from this supplier which would temporarily prevent it from shipping product to one of its customers, JiuBan, prior to the end of December.

HaloSource said this would have a material negative impact on its revenues for 2017 and it now anticipated that its total sales would be in the range of $2.6m to $3.0m and net loss for the year would be in the range of $5.0m to $5.5m.

It said the low end of the revised forecasts reflected an approximate 25% increase in revenues for the full year, a greater than 145% increase in revenues compared to the second half of 2016 and a nearly 50% reduction in the company's net loss for 2017 compared to 2016.

The company said it expected all delayed products to be received from its supplier as soon as possible after the temporary shutdown affecting the region had ended and it expecedt to ship the delayed pitchers and related cartridges to fulfil orders received from JiuBan, valued at approximately $840,000, early in 2018.

The company also announced that it had adjourned its annual general meeting from 27 Dec to 29 Dec at 9:30 a.m. Pacific standard time to allow more time for votes to be cast and obtain a quorum for the items to be approved at the meeting.

It said: 'Given the expected approval of the company's fundraising, previously announced on 15 Dec 2017, at the annual general meeting it is now expected that the new common shares of the company to be issued as part of the fundraising will be admitted to trading on AIM effective at 8.00 a.m. on 3 Jan 2018.'

Story provided by StockMarketWire.com

HaloSource agrees new three-yar deal with Perfect Water

HaloSource has entered into a new three-year agreement with Perfect Water Manufacturing Co that will continue to provide Perfect with exclusive access to HaloSource's patented HaloPure disinfection technology for pressurised devices in the direct-selling channel in China.

Perfect was the second enterprise approved by the Chinese government to market directly to consumers, through more than 7,000 outlets in China.

Since the partnership between HaloSource and Perfect was first announced in April 2012, both companies have worked together to develop and sell the JWL brand water purifier, a multi-stage pressurized water purification device, selling more than 700,000 devices and over 1,000,000 cartridges in the first four years since launching in 2013.

In order to maintain exclusivity to HaloSource's best-in-class HaloPure disinfection technology, for pressuridsed devices in the direct-selling channel only, the new agreement with Perfect requires minimum volume commitments of 800,000 cartridges (150,000, 350,000, and 300,000 cartridges during the three years, respectively).

Additionally, the companies have committed to work more closely together on marketing and education efforts for the JWL device and cartridge replacements through Perfect's sales rallies, along with collaboration on future devices containing HaloPure technology.

At 8:21am:

(LON:HAL) HaloSource share price was 0p at 3p

(LON:HALO) HaloSource DI share price was 0p at 1.38p

Story provided by StockMarketWire.com

HaloSource appoints Nomad and sole broker

HaloSource has appointed Cantor Fitzgerald Europe as the company's nominated adviser and sole broker with immediate effect.

At 9:41am:

(LON:HAL) HaloSource share price was 0p at 3p

(LON:HALO) HaloSource DI share price was 0p at 1.38p

Story provided by StockMarketWire.com