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Small caps round-up: 21st Century Technology, Imagelinx, Herencia ...

Mon, 19th Oct 2009 11:23

Shares in 21st Century Technology moved higher after the provider of CCTV cameras for public transport said it ad paid a final instalment of £500,000 for its acquisition of 21st Century Crime Prevention Services. Shares in Imagelinx jumped after the branding consultancy said will exceed profit forecasts if the 'very strong' trading in the third quarter to the end of September continues into the fourth quarter.Shares in Herencia Resources jumped after the miner said it had completed a £1.37m placing to fund development of its Paguanta zinc-silver-lead-gold project in northern Chile.Maintel Holdings said the second half of the year is showing profitability in excess of that previously anticipated thanks to improved profitability across a number of projects, better than projected utilisation of engineer and support resource and continued careful cost management. The company's business mix continues to move in favour of recurring maintenance revenues with equipment sales running slightly behind anticipated levels for the current period, it added.Latin American oil and gas explorer and producer GeoPark Holdings says that it is in talks to acquire oil and gas properties in Argentina from Chevron. Jersey-based home shopping group Flying Brands said trading in the third quarter of 2009 was in line with management expectations, with sales down 2% year on year at £5.53m from £5.63m a year earlier.Sales in the core Gardening Direct business were up 30% at £2.31m, though some of this gains was due to timing differences in the dispatch of products. The board expects like for like sales in the Gardening Direct business over the whole Autumn season to be up by more than 15%.Petards, the AIM quoted developer of security and surveillance systems, announces that it has been awarded a contract to supply Spain's CAF with its eyeTrain on-board digital CCTV systems for new Class 4000 trains. The contract is worth approximately £0.3m and deliveries, which are expected to commence mid 2010, will be completed during 2011.
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