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There is an easy way of making a detailed complaint heard and dealt with by HMG in a formal manner that would without doubt elicit detailed responses from all the authorities concerned. Should the petition not reach the required numbers let me know and I will get in touch and advise how it is done.
This petition was stalled in parliament since 12th Aug 15; finally green lit on 12th feb 2016. The FCA don't even reply on the matter, now is your chance to have your say. If you hate seeing buys reported as sells etc!!!!!! Has already been sent to Martin Lewis, Daily Mail, Moneyweek & Watchdog.
My local MP supported this petition by writing to the petitions committee to help un-stall it. There’s 650 MP’s in Westminster, So have you written to your MP? 649 to go!
If this petition doesn’t reach 10,000; then imo we might as well have not bothered as it will almost certainly be filed B1N; @ 10,000 the government should respond. We are currently getting approx. 100 new signatures a week, but need 3x that amount to reach the target with only 15 weeks to go. At 5000 I will send this to the PM & the chancellor as well as my MP again.
So – If you haven’t yet signed or indeed have but haven’t passed it on to others, then now’s the time to do so. If each person who has signed can get just one other person to sign then we will double the total immediately. I have posted to all aim listed gas n oilies, currently doing the footsy 100. But I can only do so much to push this. Really need you guys & gals to help. Thanks to all who have signed so far. We really need a social / media savvy individual to help generate more interest in this.
Intertek set to pick up the pieces Nic Fildes Published at 12:01AM, November 25 2015 The scandal at Volkswagen could have a knock-on benefit for independent companies that specialise in testing products if regulators demand a more stringent approach in future. The German carmaker is bracing itself for a huge fine, lawsuits and the cost of refitting cars after it admitted fixing tests on diesel vehicles. About 11 million cars worldwide — including 1.2 million in Britain — were fitted with “defeat device” software. That could generate more work for companies such as Intertek if regulators demand that companies offload such tests on to independent companies. André Lacroix, the chief executive of Intertek, said: “What the implications
dipped slightly again as more sellers cleared which can be good , as more read the rns hoping more buyers may see the potential , also trying to watch share movement at cpx as well as itrk , hoping that itrk may finish much higher today as more people see the potential of this share
Product testing group Intertek has warned that persistent weak conditions for its commodities and oil and gas customers will mean full year revenues would be lower than previously expected and margins unimproved on last year's. Although underlying organic revenues returned to growth in the third quarter, this was only after excluding its exit from certain low-value contracts at its industry and assurance division.
Wolfhart Hauser, Chief Executive Officer of Intertek, commented:
"LSI adds new world-class trade reference testing capabilities to our minerals business within our Commodities division with an excellent reputation for precision and customer service. We are pleased to welcome LSI and its team of experts to Intertek".
Intertek acquires Laboratory Services International B.V (LSI) Mineral Laboratory
Intertek Group plc (Intertek), a leading provider of quality and safety services to a wide range of industries worldwide, announces that it has acquired 75% of the issued capital of LSI, a global minerals reference testing laboratory.
The shareholding was purchased from LSI's management shareholders for a cash consideration of EUR 5 million (GBP 4 million).
LSI supports vendors and buyers of mineral consignments globally with analytical testing of traded minerals as a worldwide reference laboratory. As a LME (London Metal Exchange) approved facility, LSI is used by customers around the world to ascertain precise minerals values when settling commercial trades of minerals.
Demand for LSI's services is driven by global minerals trading activity. As a leading international reference testing laboratory, LSI will enhance Intertek's existing minerals services by extending world-class trade verification services to all our customers.
LSI is located in Rotterdam, Netherlands with 27 full-time employees. The company will form part of Intertek's Commodities division.
Of interest as well, they highlight how, "The outlook is for continued high single digit organic growth and, with group margins close to peak levels, we believe profit growth will be primarily driven by the top line. (...)"
Lastly, Intertek said that there has been no significant change to its financial position since the end of the first half, when net debt was £618.5m.
"With global economic conditions remaining uncertain, the group will ensure operations are aligned with customer demand," Intertek assured.
The firm said that full-year adjusted operating profit margins are expected to be flat on last year.
"We see good structural growth across many of our industries and geographies while, as expected due to the unstable global economic conditions, growth in other markets has moderated from the very strong levels seen in the first half," said Chief Executive Officer Wolfhart Hauser.
"The compelling long term structural drivers for quality and safety services across a broad range of industries and geographies and our focus on supporting our customers will help our business to grow organic revenue at high single digits through the economic cycle," he said.
Analysts at Seymour Pierce agree with the above but, "believe this is fully reflected in the share price." For that reason they decided to maintain their HOLD recommendation. They also pointed out that: "On our unchanged numbers, the shares are on a prospective price-to-earnings (P/E) multiple of 22.3 times, broadly in line with the peer group. SGS is on 24 times earnings and Bureau Veritas on 22 times earnings."