Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
intrem results will be november 7th....
Also there are new hires included a chief commercial officer in Karen Wolfe, formerly at Nielsen, and a chief marketing officer in Jon Evans, formerly at Lucozade Ribena Suntory, both of whom joined System1 towards the end of the half......
operating cost growth was said to be around 3%.
Normalised first half pre-tax profits, excluding AdRatings and share-based payments, were anticipated to be about £2.4m - approximately 24% higher than in the comparable period.
well gross profit was ahead "modestly" in its first half in a trading update on Monday, with the board saying it expected it to be around 7% higher year-on-year, or 4% at constant exchange rates...
Well they have added 9 new franchise stores recently....And that takes there stores up to 122 now,been a few less opening than last year ....
Cake Box reported a rise in first-half revenues on Monday amid new store openings, as it backed its expectations for the year.
In an update for the six months to the end of September, the company - which makes egg-free fresh cream cakes - said revenues for the period are expected to be up around 6% to £8.8m compared to the first half of last year. Like-for-like sales in existing franchise stores were up 6.9% and Cake Box said it was confident about meeting current full-year market expectations.
"Whilst market conditions remain challenging in the near term, we are encouraged by the positive impact of our ongoing strategic initiatives and this underpins our confidence in the long term opportunity for Renold."
Renold said it would announce its interim results on 13 November
As part of the focus on optimising returns, Renold disposed of its non-strategic South African Torque Transmission business unit to its management team in late September, for nominal consideration.
That business unit, which generated revenue of £0.8m and a small operating loss in the first half, had continued to struggle in an increasingly challenging South African market and would require "significant" capital investment and management input to make meaningful progress, the board claimed.
The disposal to management would provide a continuing channel to market for products sourced from elsewhere in the group.
Recent order intake trends suggested that current market weakness would continue into the second half of the year.
However, as the company had previously indicated, it was expecting the second half to benefit from an increasing contribution from the ongoing ramp-up in efficiency at the new China factory, together with further cost reduction activities across the group resulting in a more equal weighting between the first and second halves of the year.
As a result, and assuming no significant further deterioration in trading conditions, the group said it remained on track to deliver an overall result for the full year in line with the board's expectations.
"Our ongoing focus on delivering improvements in the underlying business structure and operations has helped to mitigate the impact of volatile market conditions," said chief executive officer Robert Purcell.
"The sale of our South African business unit to management secures a continued route to market for the group's products in the region permitting us to focus our capital investment in other markets with greater opportunities....
Industrial chain and power transmission products supplier Renold said it remained on course to deliver a full-year result in line with its expectations on Monday, noting its ongoing focus on operational efficiency was helping to offset the impact of a challenging market environment.
The AIM-traded firm said that following a stable first quarter of the year, macroeconomic conditions weakened during the second quarter, with group underlying revenue for the first half declining by 3.2% compared to the same period last year.
On a reported basis, revenue benefited from a strengthening of the US dollar and declined by 0.7% in the six months ended 30 September.
The underlying decline in revenue most significantly reflected a deterioration in the industrial goods sector, the board said, impacting demand from distributors and original equipment manufacturers in its key European and US industrial chain markets during the late summer period.
Order intake in the period also reflected the more challenging market conditions, Renold said, with a decline of 8.5% on an underlying basis, with orders 2.4% behind revenue for the period.
Despite the backdrop, the group said it was continuing to see the benefits of improved operational efficiency as a result of its strategic initiatives and ongoing investment.
In addition, proactive cost action was underway to align the business with demand levels and help mitigate the impact of market weakness....
The European Union-financed innovation community EIT Raw Materials, the 'MULSEDRO', conducted detailed drone-based magnetic, photogrammetric and hyperspectral imaging drone surveys on the Igdlukunguaq and Qullissat areas, the board added.
"Disko is really starting to take shape," said chief executive officer Roderick McIllree.
"Once the partner selection phase of the programme is completed, then we ideally move towards drilling next year.
"We are fortunate in that this project has attracted very senior technical and academic specialists who have all agreed to work on Disko with us."
McIllree said the company was "privileged" to have the team in place.
"It is my personal belief that all that stands between us and a globally significant discovery here is the act of drilling.
"I look forward to updating shareholders as things continue to progress at this most promising of projects."
It also confirmed the termination of its contract with AustinBridgeporth, due to the continued delay of the eFTG survey.
The company said it had commenced a working collaboration with "world-leading experts" from the Centre for Exploration Targeting, at the University of Western Australia, on Ni-Cu-PGE magmatic mineralising systems.
It said the Geological Survey of Denmark and Greenland would also be a partner in the programme.
Geological logs obtained from historical oil holes drilled by the Greenland government at Nuussuaq indicated references to encountering thick intersections of nickeliferous sulphides, the board noted.
Bluejay said it was in discussions with three significant parties about accelerating the Disko development.
Looking at the fieldwork results, Bluejay said the 1,138 geochemical sample locations for mobile metal iIons and spatiotemporal geochemical hydrocarbon were completed over the five largest target areas.......
A refinement exercise for all targets was now underway, which would rank each target in preparation for drilling.....
Greenland and Finland-focussed Bluejay Mining updated the market on its "extensive" field work programme completed at the Disko-Nuussuaq nickel-copper-cobalt-platinum group elements project in the west of Greenland on Monday.
The AIM-traded firm said seven additional newly-defined drill-ready targets had been identified, the largest of which is 12 kilometres long and around two kilometres wide.
It said the total defined drill-ready targets now stood at 28, up from 21 in 2018, with the board dding that three new outcropping sulphide occurrences had been discovered in the north-eastern part of Disko island.
Field work was continuing to demonstrate "strong" analogies with the world's largest nickel district, Noril'sk-Talnakh in Siberia.
Bluejay said it was in negotiations with two drilling contractors regarding the most cost effective and efficient methods of drilling targets.
Good time to be invested all,with India needing gas rapidly..
"Energy needs in India are immense and the Indian energy mix is key to the climate change challenge," said Total chairman and chief executive officer Patrick Pouyanné.
"Firmly investing to develop the use of natural gas in India is in line with Total's ambition to become the responsible energy major."
Pouyanné said the natural gas market in India would have a strong growth, and was an "attractive" outlet for the world's second-largest LNG player that Total had become.
Total announced an expansion of its partnership with India's largest energy and infrastructure conglomerate the Adani Group on Monday, to contribute to the development of the Indian natural gas market.
The French energy giant said the Indian natural gas market represented a "substantial" growth perspective, explaining that it currently represented 7% of energy consumption but had grown over the last three years by more than 5% per annum.
That, Total said, was supported by an active policy of the Indian government that aimed to diversify its energy mix and develop domestic use of gas in cities and as a fuel for vehicles.
India had set the "ambitious" target of increasing the share of natural gas in its energy mix to 15% by 2030, the firm added.
The 50-50 partnership between Adani and Total included several assets across the gas value chain, notably two imports and regasification LNG terminals being Dhamra in east India and potentially Mundra in the west, as well as Adani Gas - one of the four main distributors of city gas in India of which Adani held 74.8% and of which Total would acquire 37.4%.
Adani Gas aimed to expand its distribution of gas in the next 10 years through its 38 concessions, covering 7.5% of the Indian population, and market natural gas to industrial, commercial and domestic customers, targeting six million homes as well as through 1,500 retail outlets of natural gas for vehicles.
As part of the partnership, Total said it would bring its LNG and retail expertise and would supply LNG to Adani Gas.
Total and Adani would also establish a joint venture to market LNG in India and Bangladesh.
https://capital.com/gold-price-forecast-2020-and-beyond-to-buy-or-not-to-buy
All we need here is some good news,and this could multibag...but these missed deadlines must be rectified first.. this has been a slow tedious journey at times and has tested are resolve but i for one are still holding and hoping good luck all...