Results: SIXH

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600 Group – attractive share price upside as the new strategy starts to be proven?

A most recently published, 30th September 2021, balance sheet from 600 Group plc (SIXH) showed current assets of $36 million outweighed by total liabilities of $39.3 million, with that including net debt of $14 million. However, in April the group completed the Machine Tool Solutions division sale which has transformed its financial position and outlook. The share price does not look to reflect that at all.


600 Group – “loan note restructuring”, adding to business recovery?

Industrial engineering company 600 Group (SIXH) “is pleased to announce the successful restructuring of the company's 2022 8% loan notes and associated warrants to subscribe for new ordinary shares in the company at a price of 20 pence per new ordinary share”. What’s the impact of this, with the shares up from 10.75p when I previously commented on them to a current 13.75p?...


600 Group – trading update, orders returning to acceptable levels?...

Industrial engineering company The 600 Group (SIXH) has updated including of “a £1.2m ($1.6m) new term loan with a 3-year bullet repayment under the Coronavirus Large Business Interruption Loan Scheme through HSBC” and “all sites are operational… the level of order backlog has returned to acceptable levels”. The shares though are little changed at around 8p...

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