Member Info for jange

Faroe Petroleum: Panmure Gordon shifts target price from 200p to 212p and still recommends buying.

e2v technologies: Investec lowers target price from 190p to 160p and retains a buy recommendation.

Enterprise Inns: Numis downgrades to add with a target price of 110p.

http://www.investegate.co.uk/bh-global-limited-(bhgg)/rns/january-2013-share-conversion/201302010700078721W/

http://www.investegate.co.uk/netdimensions-(hdgs)-(netd)/rns/issue-of-equity-and-total-voting-rights/201302010700078710W/

http://www.investegate.co.uk/qinetiq-group-plc-(qq.)/rns/ltpa-contract-renewal/201302010700078707W/

http://www.investegate.co.uk/acal-plc-(acl)/rns/interim-management-statement/201302010700078700W/

http://www.investegate.co.uk/inspired-energy-plc-(inse)/rns/trading-update-and-notice-of-results/201302010700068688W/

http://www.investegate.co.uk/galleon-holdings-plc-(gon)/rns/new-croco-agreements--loan-facility/201302010700068686W/

http://www.investegate.co.uk/sage-group-plc-(sge)/rns/transaction-in-own-shares/201302010700068679W/

http://www.investegate.co.uk/electrocomponents-(ecm)/rns/interim-management-statement/201302010700068652W/

According to the World Bank, the country's vast mineral and agricultural resources have the potential to make the Democratic Republic of Congo one of Africa's richest countries and one of the continent's key engines for growth. However, the country is currently recovering from a series of conflicts that occurred in the 1990s and remains a fragile post-conflict country much in need of enormous reconstruction and economic growth. The United Nations estimates that there are some 2.3m displaced persons and refugees in the country and more than 300,000 Democratic Republic of Congo nationals living in refugee camps outside the country. The humanitarian crisis in the country remains major concern, according to the World Bank.

FTSE 100 listed gold mining and exploration company Randgold Resources has promised that the Kibali mine in the Democratic Republic of Congo will 'return about half of its revenue to the state in the form of taxes, royalties and dividends, in a statement issued on Thursday. The mine, in which Rangold Resources owns a 45% stake, is expected to produce the first gold by the end of this year and has an estimated life of 20 years. According to Randgold Resources, the combined pit and mining operation plans to produce an average of more than 600,000 ounces per year between 2014 and 2023, potentially making it one of the largest gold mines in the world. Mark Bristow, Chief Executive Officer of Randgold Resources, stated that the project would bring lasting economic benefits to the whole country. He said that the Kibali project is currently providing employment to 6,000 Congolese individuals and 12 Congolese contractors have been appointed to construct the new model village of Kokiza. Some 1,800 families have been relocated to date from the mine site to Kokiza where the company said new houses were being built at a rate of 45 per week.

Net debt was broadly unchanged at £1.8bn.

Pubs group Mitchells and Butler reported robust festive trading but cautioned that trading since the New Year slowed as wintry weather conditions kept customers at home. In the 14 weeks to January 5th, LFL sales were up 1% from last year. However since the holiday period, a mixture of consumers tightening their belts and cold weather and snow hurt sales. As a result, LFL sales in the 17 weeks to 26th January were 0.3% lower than last year. In the same period food sales increased 0.5% while drink sales fell 1.3%. Mitchells & Butlers cautioned that it does not expect economic conditions to be any less challenging over next 12 months, but it remains confident in its ability to perform well in the year ahead. Chief Executive Alistair Darby commented: "I am pleased with our performance over Christmas and the New Year... a third of our pubs, bars and restaurants broke their weekly sales records. Since the New Year, trading has slowed as consumers tighten their belts."

Mike Redmond, Chairman of Dechra, said: "We are delighted that Anne-Francoise is joining Dechra. She is a high calibre finance professional who also has valuable international, pharmaceutical, manufacturing and commercial experience. She will be a welcome addition to the executive team. "I, and the rest of the board, look forward to working with Anne-Francoise to continue to progress our strategy of delivering a high growth, cash generative, specialist veterinary products business."

Veterinary pharmaceutical company Dechra announced Thursday the appointment of Anne-Francoise Nesmes as Chief Financial Officer. Nesmes joins the company on April 22nd from GlaxoSmithKline where she has worked since 1997 in a number of finance roles including Senior Vice-President, Finance of Vaccines in Belgium. She has also held finance positions with John Crane, Tetra Pak, ADP and Caterpillar UK. The French national, who holds an MBA from Henley Management College and a Master in Management Sciences from Grenoble Business School, started her career in the UK before moving to Belgium, Sweden, and the US. She will relocate to the UK on taking up her position with the group

It added that it expects the polymer time lag effect will have a positive impact in the final quarter as selling prices will be increased to reflect the higher polymer prices experienced in the third quarter. "The financial position remains robust with satisfactory cash flow development in the third quarter and significant headroom under the group's debt facilities," the company said.

Ron Marsh, RPC's Chief Executive said: "Activity levels have been encouraging in what continues to be a challenging market environment. The financial performance in the last quarter of the financial year is set to improve as selling prices are adjusted to reflect increased polymer prices. The continued growth in higher added value products and the cost savings from the Fitter for the Future programme give me confidence for the future." The group experienced an anticipated decline in third quarter operating profit, but said when adjusted for the effect of an adverse time lag in passing through polymer price variations to the customer base, profitability during the period on a constant currency basis improved due to the enhancement of the sales mix and cost efficiency measures. It added that it expects the polymer time lag effect will have a positive impact in the final quarter as selling prices will b

RPC Group, the European supplier of rigid plastic packaging, revealed sales volumes in the third quarter of the financial year 2012/13 were on a similar level to the corresponding period of the previous year, despite a more extended shut-down by many customers this Christmas. The group has seen generally good levels of activity in January, notwithstanding the challenging macro-economic conditions, and said the improvement in the sales mix towards higher added value products such as coffee capsules has continued. The group's recently launched "Fitter for the Future" business optimisation project has progressed well, and said other cost efficiency measures are also progressing to plan, while one of the redundant properties is anticipated to be sold this financial year.