Member Info for jange

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2 million shares in issue terry would love itttttttttttttttttttt

3rd to you lol.............

1st and 2nd posttttttttttt

Tue 29 January 2013 08:40 A A A Christoper Neo has been appointed as a director of Shidu Capital, a board announcement issued by the company has disclosed. Neo, who is an experienced commodities trader specialising in the physical trade of coal and iron ore, previously worked with trading firms in China, Malaysia and Indonesia. He is also an Executive Director of the ISDX-quoted company Early Equity. Shuidu is an Asia-focused investment company listed on AIM.

should end dock........?

Medusa Mining, the gold producer with a Philippines focus, has published a resource update revealing encouraging results at its Bananghilig Deposit. The company stated that an additional 14 infill holes had commenced to convert additional inferred gold resources to indicated resources. Data published by the group showed that indicated resources were estimated at 11.9m tonnes comprising 608,000 ounces of gold. Inferred resources were estimated at 9m with 472,000 ounces of gold expected. Peter Hepburn-Borwn, Managing Director of Medusa, commented: "The resource conversion has been very good where drilling densities are sufficient. The conversion of inferred resources to indicated resources is re-commencing with an additional 14 holes planned."

The group stated that the poor trading and losses incurred in the six month period to December 31st had impacted the group's cash at bank. Optimistic outlook for 2013 In spite of a difficult period in 2012, the board stated that the new year had begun on a "more posuitive note" adding that the directors expected improved performance in the second half of the year to June 30th, compared to the first half.

Shares in AIM-listed human resources consulting group Savile fell sharply as the group reported a difficult trading period in the six months to December 31st. The group stated that it had experienced "difficult trading conditions" in the first half of 2012, with like-for-like income, excluding its acquisition of CMC, approximately 20% below the corresponding period in 2011. The group stated that demand in the first quarter had been particularly slow due to the effect of the Olympics. This continued into the second quarter, with customers delaying committing to projects. In addition, the group stated that reorganisation costs had added to the loss. Accordingly, the board stated that it expected to report a "significant loss" for the six months ending December 31st.

Anglo-Dutch oil mammoth Shell could be close to buying the liquefied natural gas (LNG) business of Spanish company Repsol. According to Spanish daily Cinco Dias, Respol is studying the possible sale of its LNG assets in Peru, Trinidad and Tobago, Canada and Spain for around €2.0bn, less than an initial estimate of €3.0bn. The paper's internet edition reported that Repsol's board will "probably approve" the divestment at its meeting scheduled for Wednesday January 30th. French company GDF Suez and Russian companies Gazprom and Novatek have also been named as parties interested in the assets. The sale would be part of Repsol's attempt to divest €4.5bn worth of assets before 2016 in an attempt to reduce its debt and keep its investment grade rating. However, analysts have expressed some doubts behind Shell's rationale for the deal. Peter Hutton of RBC Capital Markets was cited as saying by Reuters: "We find the logic of such a deal difficult from Shell's perspective. We would not expect it to show much interest in Repsol's stakes in either Atlantic LNG or Canaport, but there may be some synergy on Peru LNG."

In a statement 3i said the following: "The board notes that in November 2012, an investment vehicle, Sherborne Investors (Guernsey) B, which is managed by Sherborne Investors Management (Guernsey), raised gross proceeds of £207m with the stated objective of investing in a company which is publicly quoted, most likely on a UK stock exchange, and which it considers to be undervalued. "The board also notes the comments in a Financial Times article on January 3rd 2013 in relation to this new investment vehicle, stating that 'most of the £200m raised will be used to buy up to 30% of one target'."

3i, the international investor focused on mid-market private equity, has told the market that Sherborne Investors, which describes itself as a 'turnaround investment firm', has built up its stake in 3i. Sherborne is understood by 3i to have acquired then sold 3i shares to Jefferies International, Sherborne's nominated advisor and broker, meaning that at the close on January 15th it has acquired an interest representing approximately 0.7% of 3i's total issued share capital, and has since sold that interest to Jefferies. Following this, Sherborne is believed to have acquired further 3i shares, and that at close of business on January 22nd, Jefferies owned approximately 1.6% of 3i's total issued share capital.

Hansard Global's 'buy' rating was reiterated after the group revealed strong growth during the last half of 2012. Analysts at Panmure Gordon and Co restated the rating on stocks with a $2.54 price target. Shares were up 8.06% to 114.00p at 15:14 Tuesday as financial services business posted an increase in regular premium sales. Second quarter sales generated �44.3m on the basis of present value of new business premiums (PVNBP), 13.3% ahead of the first quarter. Hansard said an overall new business margin of 12.1% reflected an increase in volume and proportion of regular premium business, in line with the group's stated strategy. Regular premium new business in the first half was at �66.8m PVNBP, driven by growth in the markets of the Far East and Latin America. "We have recorded a strong new business performance in the second quarter of this financial year, showing positive momentum in the group," Gordon Marr, Group Chief Executive Officer, said. "The initiatives and investments we have made in distribution, infrastructure and new products continue to bear fruit. "We remain confident that the outlook for growth remains positive for the group."

Security company G4S has been rejected for a police outsourcing deal by the Police and Crime Commissioners (PCCs) body, reports said Tuesday. Three police forces - Bedfordshire, Cambridgeshire and Hertfordshire - had planned to employ the company's IT and human resources services, but have now backed out, following the PCCs's rejection. G4S had made no comment at the time of publication. The decision has yet to be formalised, the BBC said Tuesday. The plan was formed to save the three forces around �73m, and had considered a tie-up with Lincolnshire police, which already has a 10-year contract with the security group. G4S suffered a disasterous summer after its poor handling on the Olympic Games security, which cost it �50m after it was 10,400 security guards short for the event.

Unilever: Jefferies ups target price from 2460p to 2608p and downgrades to hold.

Standard Chartered: Espirito Santo reiterates buy.

Smiths Group: Jefferies reduces target price from 1600p to 1400p and reiterates its buy recommendation.

PZ Cussons: Panmure Gordon raises target price from 335p to 360p, while retaining a hold recommendation. Numis downgrades to reduces with a target price of 343p.

Pennon Group: HSBC shifts target price from 790p to 800p and maintains an overweight rating.

Pace: Exane BNP moves target price from 205p to 230p and downgrades to neutral.