Click to follow
The Independent Online
Energy Capital Investments, trading at 99p, is set to lift profits and dividends, believes Greig Middleton, the stockbroker. It expects profits this year of pounds 1.25m with a 3p dividend and nearly pounds 3m in 1997 with a 6.5p payout. The company invests in US oil and gas projects without the trouble of managing them. It has invested in 13 developments, selling two at a pounds 3.7m profit.

Stentor, a start-up telephone business based in Dublin, is heading for AIM. It intends to take advantage of the deregulation of the telephone network in Eire. The shares should start trading within a few weeks.

Chelsea Village rose 2p to 60p. The controlling shareholder has sold around 5.5 million shares at up to 58p since Monday.