Carnival (CCL) shares tick up 5.88% to 1,404.4p as the company sees a boosted fleet
On Monday, the cruise ship company announced that it had extended its $500m share sale and share purchase programme to 30 April 2022. Meanwhile, in a separate statement, the company said its Mardi Gras ship has taken on more than 110,000 guests since July 2021.
Since the restart of cruising, Carnival said momentum has continued to build across Carnival Cruise Line, with nearly one million guests having taken a cruise vacation with Carnival since the restart on more than 400 sailings, it told investors. It added that a third Excel-class ship, Carnival Jubilee, will begin operations from its homeport in Texas in the autumn of 2023.
Digitalbox (DBOX) shares jump again at 17.86% to 16.5p as strong trading continues
Shares in Digitalbox jumped despite having no news out. In early January 2022, the Group reported that trading across its three brands had been ‘stronger than anticipated’ last month.
The mobile-first digital media business, which owns the websites Entertainment Daily, The Daily Mash and The Tab, said December is traditionally its most important trading period.
As a result of the performance, Digitalbox said it now expects revenue and EBITDA for the year to 31 December 2021 to be ‘significantly ahead’ of the recently upgraded market consensus of EBITDA* of £850,000, with revenue now expected to be not less than £3.6m.
It said the strong trading resulted from the continued positive trend towards mobile advertising inventory, and better-than-expected traffic from increased editorial investment over the period.
Pires Investments (PIRI) shares rose 16.81% to 6.95p as investee firm raises $5m
On Monday, Pires’ investee company, Low6, a firm that operates a sports betting platform, announced that it had successfully raised a total of US$5 million in a funding round.
Low6 will use the proceeds to fund continued growth, in particular its expansion into the US. The company added that its plans to IPO remain on track, with a listing expected in 2022.
Shanta Gold (SHG) shares rose 16.67% to 7.875p after publishing positive progress update
The East Africa-focused gold producer, developer and explorer, has published a reserves and resources update for its projects in Tanzania with progress reported as at 31 December 2021.
Commenting, CEO, Eric Zurrin said the company has “once again replaced all annually mined ounces in 2021 with new reserves, as well as extending the mine life at New Luika Gold Mine to at least the end of 2026.”
He added that this marks the third consecutive year in which the company has replaced mined reserves across its portfolio through successful exploration “which remains key to unlocking long-term, sustainable returns” for Shanta’s shareholders.