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50P Interbulk Group PLC 11 October 2011  11 October 2011 INTERBULK GROUP PLC PRE-CLOSE TRADING STATEMENT InterBulk Group plc ("InterBulk" or the "Group") (AIM:INB), the global intermodal logistics solution provider to the chemical, polymer, food and minerals industries, is pleased to provide a pre-close trading update for its financial year ended 30 September 2011. We have continued to see strong revenue growth in the second half of our financial year and the fuel cost recovery programme implemented in the third quarter, plus the stabilisation of fuel costs in the fourth quarter, has contributed to margin recovery in the last few months. Full year results are expected to be in line with market expectations. In the Liquid Bulk division, demand has remained strong and high utilisation rates were maintained while continuing to enlarge the fleet. As of 30 September 2011, the Group had an operating fleet of approximately 9,500 tank containers, an increase of 9% over the prior year. The European Dry Bulk division saw continued growth in activity which, along with an increased use of the Group's containers for intermediate storage of customers' products, has led to a recovery in asset utilisation to a more satisfactory level in the last few months. This also supported an improvement in margin performance in the second half of the year. The Group had some success in expanding the Dry Bulk business geographically with growth in deep sea activity and in establishing innovative solutions for flexible storage which should assist the switch from traffic flows of packed products to intermodal bulk solutions. The completion in June of the placing of 165 million shares to Sinotrans (HK) Logistics Limited at 11 pence per share was a strategic milestone for the Group. It enabled repayment of a significant proportion of the Group's most expensive debt and consequently the fourth quarter benefited from reduced interest expense. The commercial alliance with Sinotrans to develop the InterBulk business within China and elsewhere in Asia is progressing well and there was a successful launch event in Beijing in September. This relationship provides an enhanced capability to drive InterBulk's expansion; China is now the largest manufacturer and consumer of chemical products in the world. The Group will provide a further trading update at the time of the release if its preliminary results for the year ended 30 September 2011 which is expected to be in early December 2011. Koert van Wissen, Chief Executive said: "Encouragingly, we have seen a further year of revenue growth. Cost base pressure, due mainly to fuel price increases, was a challenging backdrop but our business model continues to be resilient to such macro volatility. Our team has again delivered on high customer service levels, new and innovative supply chain solutions and excellent safety and quality standards during the
http://production.investis.com/journey_group_tools/rns/rnsitem?id=4540957 have fun
RNS Number : 2883O Interbulk Group PLC 15 September 2011 15 September 2011 InterBulk Group Plc ("InterBulk" or the "Company") "Launch of Chinese Alliance" InterBulk, a leading provider of intermodal logistics solutions to the chemical, polymer, food and mineral industries, is pleased to announce that its strategic partnership with Sinotrans, a leading logistics service provider in China, whose principal activities include freight forwarding, shipping agency, marine transportation and storage and terminal services, has been officially launched today at a public ceremony in Shanghai, China. The event was attended by over 80 leading representatives of the chemical industry and a delegation from the local Chinese authorities including the Dutch consul of China. Speeches were given by the Sinotrans president, Zhang Jian Wei, Chief Executive of Interbulk, Koert van Wissen, as well as key customers including Bayer MaterialScience, who highlighted the recently announced ISO-Silo project, a new patented innovation in flexible storage. The Sinotrans InterBulk alliance, announced on 20 May 2011, will enable InterBulk to accelerate its growth into China, one of the fastest growing chemical production and consumption markets. Both InterBulk and Sinotrans believe that there are strong growth factors for bulk intermodal logistics solutions and that there are significant opportunities for expansion. In Sinotrans, InterBulk believes that not only has it identified an extremely strong partner for the Chinese and wider Asian markets, but it has also chosen a company with similar values and a complementary strategy. Koert van Wissen, Chief Executive Officer of InterBulk, said: "We are delighted to officially launch our alliance with Sinotrans, one of the most influential logistics providers globally. This relationship provides InterBulk with an excellent opportunity to drive our expansion in China, one of the fastest growing economies globally." For further information, please contact: InterBulk Group Plc +44 1355 575 000
to assemble the meals for the airline in the usa have fun
most important; exercise off warrants before contract win 31-08-2011 14.5 mil total shares now 305 million have fun
this is the rare occasion that the company publishes rock solid results, and the city is still asleep, have fun
http://www.hub-4.com/news/3226/interbulk-drives-forward-progress-in-the-cement-industry have fun
Under the Relationship Agreement, Sinotrans HKL will agree not to sell the Placing Shares for one year after Admission and, in the six months following the first anniversary of the Admission, to only sell the Placing Shares through InterBulk’s broker Have fun
Don't wake them up (yet)
http://www.hkexnews.hk/listedco/listconews/sehk/20110520/LTN20110520555.pdf
not 2011 but 2010 Dear gedw I regard your posts on lse as well balanced and well informed, a pleasure to read them, but your post about the theoretical share price is absolute wrong .Proof is on the way have fun ,
vindicated have fun
In addition, it is the Board's intention to undertake a share consolidation at the appropriate time. Trading update The Board is also pleased to report that trading in its core wealth management businesses is in line with the Board's expectations. Current cash balances within the Group are £6.8 million. As a result of the changes detailed above there will, however, be exceptional one-off costs and impairments, the majority of which will be non-cash. These will largely fall in the current financial year and the first half of next year. The Board is also mindful of the FSCS levy which will impact the current financial year by approximately £800,000. Mark Cheshire, Group Chief Executive Officer, commented: 'We have achieved significant momentum in the wealth management sector through the Ashcourt Rowan brand in the last fourteen months. Having consulted extensively with shareholders, staff and clients, the Board is confident that the results of the strategic review will deliver profitable growth to shareholders going forward. Furthermore, our clear focus on the wealth management sector will allow us to continue strengthening the range of services delivered to our clients, as well as improving the positive work culture for our staff.' -Ends- Further information: Syndicate Asset Management plc Peter Dew (Chairman) Tel: 020 7659 8060
te For immediate release: 0700hrs Friday 25 February 2011 Syndicate Asset Management Plc ('Syndicate' or the 'Company') Results of Strategic Review and Trading Update The Directors of Syndicate Asset Management Plc (AIM: SAM), are pleased to report the conclusions of the strategic review following the appointment of Mark Cheshire as Group CEO on 15 February 2011. Group focus Going forward, the Group will focus exclusively on the wealth management sector through its offering of financial planning and asset management services. The Board sees significant opportunities within the UK wealth management sector - both at the mass affluent and high net worth levels - and believes it now has the momentum, internal processes, national footprint of offices and the support of its major shareholders to capitalise upon those opportunities. Sale of EPIC Asset Management Given the Company's wish to focus exclusively on the wealth management sector, the decision has been reached by the Board, in consultation with internal and external parties, to seek to dispose of EPIC, the Company's institutional fixed income asset management business. To that end, advisers have been appointed and discussions with third parties have commenced. However, no assurances can be given at this stage that these discussions will lead to a disposal. The Board will provide an update in due course. Proposed name change to Ashcourt Rowan It is the Board's intention to also seek Shareholders' permission to change the Company's name to better reflect its strong position within the wealth management sector. It is proposed that the Group will operate under the lead brand of Ashcourt Rowan, with high net worth clients requiring more bespoke solutions being serviced via the Savoy branded service. A General Meeting will be called in due course to vote on this matter. Streamlining of Syndicate Central Overhead and Corporate Structure In line with the refocusing of the Group on the wealth management sector, it is the intention to simplify Syndicate's central overhead structure so that it is more appropriate for a wealth management business employing some 360 staff across 19 locations with approximately £4.5 billion of funds under management and advice. As previously announced, the Group is also consolidating its London property portfolio which will result in the London offices of its two wealth management businesses, Ashcourt Rowan and Savoy, benefiting from being based in a single location. The Group will also look to simplify its corporate structure and reduce the number of separate legal entities in the Group. It is expected these exercises will deliver significant cost savings, the benefits of which will largely be felt in the next financial year. In addition, it is the Board's intention to
100000 buy is $77500 not 780 pound this is not a penny stock admin can you take notice please same with euro see dde and others not so difficult to convert currency (wish i could buy at this lse price)
next week
with 65 mln shares in issue. undervalued ? stake building? nav? well even a blind can see this have fun
Keep your fingers of the sell button !!!! have fun
since june 2010 average of 200.000 shares a week are snapped up "under the rader" have fun