Fiske (FKE)

Sector:

Financials

 72.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 90.00
  • 52 Week Low: 65.00
  • Currency: UK Pounds
  • Shares Issued: 11.83m
  • Volume: 0
  • Market Cap: £8.58m
  • RiskGrade: 104

Fiske's internal audit uncovers understatement of net assets

By Iain Gilbert

Date: Monday 17 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Investment manager Fiske said on Monday that, following its own internal audit process, the group had identified an understatement of net assets for the year ended 31 May 2019.
Fiske said the understatement amounted to approximately ?530,000 - which represents roughly 7% of reported net assets at the end of the trading year.

The AIM-listed group said the amount had accumulated over a period beginning April 2016, due primarily to an over accrual of creditors and provisions.

Fiske assured investors that there was no impact on its cash position nor was there any impact on the positions of its clients.

The firm added that the comparative figures for revenues and cost of sales for the six months ended 30 November 2018 and for the year ended 31 May 2019 would be restated in its forthcoming interim report and as a consequence, it expects that the loss before tax for the prior year will be reduced by approximately ?260,000.

As of 1335 GMT, Fiske shares were flat at 59p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Fiske Market Data

Currency UK Pounds
Share Price 72.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 90.00
52 Week Low 65.00
Volume 0
Shares Issued 11.83m
Market Cap £8.58m
RiskGrade 104

Fiske Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
7.91% above the market average7.91% above the market average7.91% above the market average7.91% above the market average7.91% above the market average
1.59% below the sector average1.59% below the sector average1.59% below the sector average1.59% below the sector average1.59% below the sector average
Price Trend
10.59% above the market average10.59% above the market average10.59% above the market average10.59% above the market average10.59% above the market average
4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average
Income Not Available
Growth
35.35% above the market average35.35% above the market average35.35% above the market average35.35% above the market average35.35% above the market average
10.92% above the sector average10.92% above the sector average10.92% above the sector average10.92% above the sector average10.92% above the sector average

Fiske Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 26-Feb-15 24-Sep-14
Paid 20-Mar-15 17-Oct-14
Amount 0.25p 0.35p

Trades for --2022

Time Volume / Share Price
0 @ 0.000p

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