Member Info for bluerose

For all those who manage to buy these are the major shareholders in BRDG Person(s) interested: Existing Following Admission Shareholder Number of Ordinary Shares Percentage of issued ordinary share capital Number of Ordinary Shares Percentage of issued ordinary share capital State Street Bank And Trust Co. 17,849,284 28.14% 17,849,284 28.14% Lime Rock Partners III 9,984,949 15.74% 9,984,949 15.74% LRP III Luxembourg Holdings Sarl 5,959,791 9.40% 5,959,791 9.40% Citibank Na New York Branch 3,913,337 6.17% 3,913,337 6.17% RBC Investor Services Trust 2,147,708 3.39% 2,147,708 3.39% Storebrand Vekst 1,989,723 3.14% 1,989,723 3.14%

Good luck, you really were the early bird !! Just one deal at £1.22

City broker Westhouse this morning pegged back its full-year 2012 profit estimate to £7.1 million from £10.6 million previously. However it points out that even on these revised estimates Shaft Sinkers is trading on a very low 7.2 times earnings with a bumper 10 per cent dividend yield, which may explain why Westhouse repeated its ‘strong buy’ advice this morning and 170 pence share price target. Analyst Kevin Fogarty telling clients: “Operational improvements have been made in South Africa since the period end, which are expected to yield an improved performance and profit contribution during the second half, while the low rate Karee 3 contract is under negotiation and may provide some upside to the in the second half performance. “Further, the impact of the recently secured Hindustan Zinc contract will impact the performance in the second half having made no material contribution in the first six months of the year.”

Sticking with the mining sector, City broker Westhouse this morning pegged back its full-year 2012 profit estimate to £7.1 million from £10.6 million previously for Shaft Sinkers (LON:SHFT) Earlier, the firm maintained its dividend payment at 2.4 pence a share and pointed to a strong order book as it revealed the results of a difficult first half. Currency translation effects and contract delays hit revenues, which fell 10.6 per cent in the six months to £100.4 million, while the gross margin was hit following the company’s “underperformance” on the Impala 16 and 17 shafts and Lonmin Karee 3 operations. However, the broker pointed out that even on these revised estimates Shaft Sinkers is trading on a very low 7.2 times earnings with a bumper 10 per cent dividend yield. Westhouse repeated its ‘strong buy’ advice this morning and 170 pence share price target

That is the full RNS.

Shaft Sinkers (LON:SHFT) maintained its dividend payment at 2.4 pence a share and pointed to a strong order book as it revealed the results of a difficult first half. Currency translation effects and contract delays hit revenues, which fell 10.6 per cent in the six months to £100.4 million, while the gross margin was hit following the company’s “underperformance” on the Impala 16 and 17 shafts and Lonmin Karee 3 operations. It also suffered a lack of higher margin contracts. Pre-tax profits were £1.07 million in the six month to June 30 from £6.22 million in the comparable period last year. Shaft Sinkers has appointed Louis Germishuys as chief operating officer and managing director of the South African arm with chief executive Alon Davidov predicting he “will enhance our efforts to improve profitability”. Davidov added: "The first half of the year has been disappointing, in large part due to operational issues in South Africa, and while we anticipate meeting our revenue expectations for the full year, it is uncertain that we will fully make up the first half profit shortfall. “We have started to see signs of success in our international expansion programme and in diversifying the industries to which we are exposed. We believe that our Hindustan Zinc contract win is a sign of good things to come, and our order book is growing once more. Despite the current challenges, we remain confident of our prospects." The order book stood at £347.9 million at the period-end, up from £301.1 million at the end of last year. The tender pipeline, meanwhile, was a very solid £1.1 billion.

2:01am EDT Shaft Sinkers Holdings PLC announced that the Board of Director has declared an interim dividend of 2.4p per share. This will be payable on October 5, 2012 to shareholders on the register at the close of business on September 7, 2012. The Company also announced that Mr. Stephen Oke, has been appointed Chairman of the Group with immediate effect. Mr Amre Youness is stepping down due to his increasing commitments in other roles.

Why do you want to sell ? Any reason other than needing cash if you do not mind me asking ? ARM is a strong company nothing in it that makes you want to sell.

How on earth can anyone downgrade ARM after the last results ?

Much better !!

ARM Holdings plc (NASDAQ:ARMH) and TSMC (NYSE:TSM) have reported a multi-year deal to expand collaboration to encompass the preparation of ARM processors for FinFET transistors, Digitimes writes. ARM shares traded down $0.22 (0.98%) recently at $22.36.

any idea why the shares price fell towards the close ?

After losing two back-to-back legal battles to Apple Inc. (NASDAQ:AAPL) over its operation system, Samsung is shying away from Google Inc (NASDAQ:GOOG) Android platform. The Korean electronics major is developing a tablet that runs on Microsoft Corporation (NASDAQ:MSFT)’s Windows RT, as the company’s Android-based tablets and smartphones are in legal trouble over Apple’s patent infringement issues, sources told Bloomberg. Windows RT, which runs on ARM technology, will be released in October, the people familiar with the matter told on condition of anonymity. Most of the mobile platforms including iOS and Android run on ARM processors which have recently become very popular due to their long battery lives. The reports come soon after Samsung announced its plan to support Microsoft’s operating system Windows 8 in its all-in-one PCs and laptops. Windows RT will be the first computer OS from Microsoft stable that is specifically built for touch screen devices. Samsung’s Windows RT-based tablet will be equipped with Qualcomm’s Snapdragon processor.

June 25, 2012, 3:21 P.M. ET.ARMH: Promise in Everything from Phones to Servers, Says Piper. EmailPrintsmaller Larger By Tiernan Ray Piper Jaffray‘s Gus Richard today reiterates an Overweight rating on shares of ARM Holdings (ARMH), and a $34 price target, writing that investors should note be worried about recent weakness in the smartphone market and how it could pressure ARM shares. Writes Richard, “the annexation of CPU market share, in our view, is a durable and investable trend” as far as ARM is concerned. ARM is a formidable obstacle to Intel‘s (INTC) ambitions in the chip market, though Richard’s report does not assess Intel’s fortunes in light of his view on ARM. Richard notes that 7.9 billion of the 10 billion chips sold last year using licensed CPU “cores” were paying royalties to ARM. He thinks a continued proliferation of chips with ARM licenses in different corners of the smartphone market will lead to compounded annual growth for ARM of 20% to 25% over the next five years.

last post read ... share price

of the share prise move down ? HK Show reflects some strain in Asian markets The June Hong Kong Jewellery and Gem Fair 2012 began mid week has been slow. The June HK Show coincides with tough economic situations – the falling of the Indian rupee, the slow stock market situations, European economic strain all of which are creating a negative impact to the trade enthusiasm. Indian traders at the show were less active, affected by the falling Rupee. Also, the Chinese market delivered slow paced results. Amongst the diamond categories, the fancy shaped diamonds did get a better edge compared to the round shaped. According to exhibitors, the low sentiments at the show are impacting the trade, otherwise the rough is not soft and they don't see a downfall in prices. The Asian market which otherwise has been the strength of demand for the diamond trade is witnessing some rough tides. It also maybe recalled that Graff Diamonds was amongst other luxury players who recently pulled out their plans of launching an Initial Public Offering on the Hong Kong stock exchange owing to the weak market situations. While this market uncertainty is not healthy for a capital intensive environment, one can only hope that the remaining days of the trade show conclude on a more positive note.

Microsoft (MSFT +2.88%) unveiled its Surface line of tablets late Monday, putting the company in competition with Apple's (AAPL +0.28%) iPad, Google's (GOOG +1.87%) Android operating system. (Microsoft owns and publishes TechBiz, an MSN Money site.) While Microsoft itself obviously has a lot riding on the launch, two companies that are positioned to share in whatever success results are Cypress Semiconductor (CY -0.51%) and ARM Holdings (ARMH +3.08%).

Thanks was waiting for these results

This why I wrote that the SocGem note did not make any sense. Microsoft is going to use ARM chips and not Intel for the new tablets. That means that ARM will take market share from Intel. If this was common knowledge how is it that SocGem did not know ? ARM's share price should go up not down. Sat, 16th Jun 2012 00:55 SEATTLE, June 15 (Reuters) - Microsoft Corp is gearing up to unveil its own tablet to boost its new Windows 8 operating system and counter Apple Inc's hot-selling iPad, according to media reports on Friday. Such an effort, which the company has not confirmed, would be a departure from its usual focus on software and potentially throw Microsoft into direct competition with its closest hardware partners such as Samsung Electronics Co Ltd and Hewlett-Packard Co. The world's largest software company has invited media to a 'major' announcement in Los Angeles on Monday afternoon, but has not provided any details. In the absence of information, talk is swirling that Microsoft will introduce its own tablet, according to anonymously sourced reports in the New York Times and the AllThingsD tech blog. Microsoft declined comment on the subject and those reports. It is not the first time such talk has surfaced, as Microsoft looks for a way to make an impact with its new tablet-friendly Windows 8 operating system and put the best product it can in the market to counter Apple's iPad. Apple, which makes both hardware and software for greater control over the performance of the final product, has revolutionized mobile markets with its smooth, seamless phones and tablets. Rival Google Inc may experiment with a similar approach after buying phone maker Motorola Mobility this year. 'Anything is possible if they don't feel their partners are doing it right,' said Michael Silver, an analyst at tech research firm Gartner. 'But it's hard to compete with companies that sell your stuff and still have a great relationship with them.' Other analysts suggested an own-branded tablet may be chiefly aimed at kick-starting the market for Windows tablets working on ARM Holdings Plc microprocessors - a new venture for Microsoft, which has traditionally relied on Intel Corp chips.

The result of the auction had to be known today. But we have no RNS, maybe we will know on Monday. GL