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Small caps round-up: Agriterra, Cyan, Green Compliance...

Wed, 08th Dec 2010 14:17

Africa-based agricultural group Agriterra says demand for its grain products at Chimoio, Mozambique, continues to grow above historical levels. Demand for bran and maize meal deliveries are said to be increasing both locally and in exports to Zimbabwe.Its cattle ranching operations at Mozbife show continued positive trading with the demand for beef on the local market significantly exceeding supply, as the company is "aggressively expanding its feedlot operation".Shares in semiconductor company Cyan Holdings rose 15% on Wednesday afternoon after it received an order for 10,000 modules for wireless monitoring and control of outdoor public lighting in China. The group says that following this contract win, the customer plans to market Cyan controlled 'High Intensity Discharge' lights across the whole of China through its network of over 2,000 agents.Green Compliance, the water, fire and pest control services provider, has acquired pest control and prevention company Enviroguard for £1.59m. The business of Enviroguard, which produced sales of £1.1m in the last financial year, will be integrated in to Green Compliance's existing pest operations to "maximise potential productivity and operational efficiencies."Marketing software group smartFOCUS has been selected by online gambling company Betsafe for its multi-channel communication services. Befsafe, which offers poker, sports betting and casino games, will use smartFOCUS to engage with its 500,000 customers giving the company an up to date view of its players providing analysis for marketing planning purposes. Financial terms were not disclosed. Online advertising group Burst Media's overall sales during the fourth quarter have been slower than hoped due to a number of advertising order cancellations. As a result, profitability for the full year will be below expectations. The board now expects full year 2010 revenues will be marginally below $40m (2009: $31.4m) and that the company will make an adjusted operating loss of approximately $1m.ECO Animal Health's interim profits rose to £500,000 from £385,000 in the half year to September. Turnover on continuing operations increased by almost 39% to £12.3m (2009: £8.9m) while underlying profits rose by 15% to £2.24m. The momentum of the first half of the year is being maintained, boosted by further sales growth in our main markets, ECO added.Petards has been awarded a contract by Bombardier Transportation to supply on-board digital CCTV systems for 97 Class 465 passenger trains operated by Southeastern Trains. The contract is worth in the region of £1.5m and is for the supply of eyeTrain systems to be fitted by Bombardier. Property group Terrace Hill's NAV rose 7.2% to 48.3p per share in the year to September but there is no resumption of dividends. Profit before tax for the eleven months ended 30 September 2010 was £8.4m (year to 31 October 2009: loss £26.7 million) largely reflecting "a recovery in the value of our assets, following the improvement we saw in the first half of the year".

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