The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
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mm's tempting with a tiny price drop
must tick up today again
keep em coming. little or large as long at ias blue!
Ultima Networks plc is pleased to announce that it is establishing two pilot solar power plant installations in collaboration with the Sinarcas Town Council ('Sinarcas'), a Local Authority in Valencia, Spain. The estimated total cost of the project is Euro500,000, funded from Ultima Networks plc own resources. The installations will each have a 50kW power generation capacity and will pilot the latest solar concentrator systems (concentrators use optical elements to focus light on a smaller area of a solar cell). This will be the first large-scale deployment of two CPV technologies, the 4x and 120x concentrators. The installations are intended to demonstrate the commercial advantage of these CPV technologies over existing solar systems. Construction will start in the first quarter of 2009. The pilot plants are expected to be operational during the second quarter of 2009, and be generating revenue for Ultima in the second half of 2009 under a typical 20 year power purchase agreement which would be signed with the Spanish local authority. The performance of CPV concentrator technologies will be measured in comparison with conventional flat plate solar panels already in use on the site. Both Ultima Networks plc and Sinarcas will use the installation to demonstrate the CPV technology to organisations planning solar energy farms and installations. The CPV system reduces the capital cost of solar installations substantially, and hence the Directors believe the system will be able to produce and supply electricity to a national electricity grid at a price that is competitive with existing fossil fuels ('grid cost parity') sooner than any other solar technology. In addition to lower costs, the technology offers a much faster energy payback period compared to conventional solar technology. The expected energy payback period is one year, which compares favourably with flat plate technology that has an energy payback greater than 3 years.
just in...... could we see a tick up over 1.5p today?
nicely over the past few weeks...... wonder if the xmas trade for the infinium bike range could be a boost for UTN?
constant blue for last week..... is this a new trend here/
1.41p to buy!!!!
may see tick up over the 1.5p mark........
Professor Humayun Mughal, Chairman and CEO, commented: I am pleased to report that, despite the continuation of tough trading conditions during the six months ended 30 June 2010, Ultima has achieved group operating profit of £110,000 (H1 2009: loss of £10,000). All divisions have continued their commitment to research and development of new products resulting in the release by the IT Services division of the FiLos legal software suite and the completion of the design of a new generation of electric bicycles by the Green technology products division. The Board of Ultima expects that this continued investment into leading edge technology will help Ultima take advantage of changes in the economy. The IT services division has performed strongly, and the Board of Ultima expects this to continue. The Board of Ultima anticipate that the Green technology products division will benefit from new product release and improvement in consumer confidence and that the Green power division will build upon its successful commissioning of the pilot solar power park in Spain. Our main objective going forward continues to be based upon the pursuit of low risk, recurring revenues, and the expansion of the Company through a mixture of organic growth, continued investment into development of green technology complemented by a highly selective acquisitions policy. I am pleased by the progress made in the introduction of new products and remain excited by the opportunities made available by the development of solar parks and the opportunity this brings to Ultima in further strengthening the group's green credentials and improving the prospects for growth in recurring revenue.
not many shares available at this price now
good me an interesting afternoon.
great stuff from Ultima. will we hear news of more contracts?
loking good
maybe 1.3-1.45 or even the 1.5p mark
another blue day........ spread has tightened
shows as sell. good news for monday
Ultima, the IT and Green Technology Company, is pleased to announce its unaudited interim results for the six months ended 30th June 2010. Highlights for the period · Turnover of £785,000 (H1 2009: £894,000) · Operating profit of £110,000 (H1 2009: loss of £10,000) · Debt free with cash at bank of £305,000 (H1 2009: £77,000) · Solar Park Spain commissioned and generating electricity · FiLos legal software suite launched
looks good for Monday morning.
RTTNews) - Ultima Networks plc (UTN.L) said that UTN, the Green Technology Products division, has received a major new order for its mainland European version of the successful Infineum electric bicycle. The order has an initial value of EUR 130 thousand to Ultima to be delivered by December 2010. The bicycle is being marketed by the division's Dutch distributor, EQ-Bikes, and the Board expect total volumes through the distributor to reach 2,500 units during calendar year 2011
tick up on the way! could be exciting last hour of trading!
price tick up! could be a good week next week here.
nice to see another blue tick up. thats three days of blue this week
will tick up to full 1.4p shortly and then over 1.5p and onwards. lots of peotential here for growth while debt free and starting to make a profit.
a couple more and sohlud be on the move upwards for this no debt, growing, enviro-friendly company.