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A couple of large buys this morning.
Healthcare Enterprise Group PLC (the 'Group' or the 'Company' AIM: HCEG) confirms that it is in discussions with its bankers regarding its existing bank facility. Although the bank is currently supportive of the Group, the Board has requested that the Company's shares be suspended from trading pending clarification of the Group's financial position.
Some upward movement today but I haven't seen any news which may have prompted the increase.
I belive GedW is good in this area. He maybe able to give you some insight.
They do use waste oil but I read an article some time back that they also use edible crops in addition to the waste material. (China is to ban the use of edible crops for Bio diesel production) They did have problems with the cost of feed stock and bad weather delaying the building on their new production unit. Any delay in an engineering product is expensive and will affect profits. Todays news is a bit brighter though.
See todays news.
Speciality drug company BioProgress PLC said it remains on track to meet market expectations for 2007, adding that it is confident that its strategy is being executed to plan.
Worthington Nicholls says FY profit to miss market estimates
Stewart Millman, chairman buys 60,000 shares
Metals Exploration Plc – Initiation of Coverage at 42.5p with a strong buy and an initial target price 88.5p
DA Group (AIM: DAG), a leading provider of entertainment and advertising media solutions, today announces that it has won a contract to create nine new branded websites to support user generated content, content sharing and social networking for CSC Media Group. The Company will receive stage payments throughout the project which is anticipated to be completed by the end of the year.
My pleasure. I don't know if you monitor American stocks but if you do, keep an eye on the Albemarle Corporation. New products coming on line and with 2 dollars to the £1, the shares are not a bad price at the moment.
Ignore my Strong Buy. It shoul be be No opinion. I've no idea why stong buy appeared
The Board of Metals Exploration PLC ('the Company') (AIM: MTL), the UK based precious and base metals exploration company focused in the Pacific Rim Region is pleased to announce that it has entered into an agreement with PT Batan Pelei Mining to acquire rights to various properties on Waigeo Island in Indonesia for a total consideration of US$100,000. HIGHLIGHTS: • Potential for major nickel laterite resource. • Historic drilling identified 'non-JORC compliant' resources of 35 mt @ 1.5% Ni, 0.13% Co, 37% Fe. • Exclusive right to explore and operate. • US$100,000 entry price for low Capex opportunity. • Revenue sharing arrangement in the event of economic operation.
The value of the order, received by the Company for the first lot of sites under the Agreement, is approximately US$9 million, and is to be recognized in 2007. Under an agreement, yet to be finalized, Leadcom will also provide long-term operation and maintenance services under an Annual Maintenance Contract. Management believes this agreement to be of great potential and to serve as one of the building blocks of its future performance in India. Management expects to announce further purchase orders relating to this frame agreement in due course.
Uruguay Mineral Exploration Inc, is a gold producer and exploration company focused on identifying and developing mineral opportunities in Uruguay. UME is a fully integrated mining company, possessing the skills necessary to explore and develop its discoveries. The Company operates the only producing gold mine in the country (San Gregorio), and is also the leading mineral exploration company in Uruguay having assembled an exploration portfolio based on gold, base metals (copper, nickel, lead, zinc) and diamond prospects. In the first half of 2003, the Company discovered the Arenal deposit, currently the largest known gold resource in Uruguay.
I haven't seen much news about this company of late but there does appear to be some reasonable buys since the 8th August.
Starvest plc (the 'Company') announces that on 9 August 2007, the Company purchased through its broker, Simple Investments, 100,000 Ordinary shares
The value of the project is approximately US$12 million dollars, and will be recognized in 2008 and 2009, building upon Leadcom's backlog for next year.
Leadcom is pleased to report another record six-month period, with significant growth in top and bottom lines. Revenues in H1 2007 were US$84.6 million, up 37.0% compared to US$61.8 million in H1 2006 and 10.5% from US$76.6 million in H2 2006.