Member Info for jange

Hank Uberoi, Executive Director of Earthport said: "This has been a year of strong progress for Earthport, which has seen the company deliver on many of its strategic objectives, having completed the restructuring and reorganisation which began in 2010. Earthport is at a pivotal stage of its development, as transaction levels continue to gain momentum and the company continues to gain traction with global industry leaders as customers and channel partners." The board added: "While transaction volume growth was slower than we would have predicted at the start of the year, we exceeded our expectations in terms of the nature and size of new customers, signing contracts with some of the leading businesses in financial services and signing channel partner deals with large financial services technology companies. "Many of these relationships are only in the early stages of implementation, which bodes well for accelerated growth going forward. Therefore, while we are relatively pleased with the growth achieved in transaction volumes in the year, an increase of 53%, we believe this does not entirely reflect the progress that has been made. We have entered the current financial year in an excellent position, which has been demonstrated through the continued growth in transaction volumes in recent months, with October 2012 being 143% ahead of June 2011." Cash and cash equivalents at the year-end were £5.77m compared to £3.83m at the same date the previous year.

Earthport, a cross-border payments company, has reported a 21 per cent rise in profits for the period, but saw pre-tax losses widen on the back of rising sales costs and admin expenses. In the full year ended June 30th, revenue climbed from £2.49m to £3.02m year-on-year, while the cost of sales edged higher from £0.56m to £0.67m. Admin expenses increased from £6.76m to £10.83m (due to Earthport's reorganisation and investment for growth), leading to a loss before tax totalling £9.63m, against £7.52m a year earlier. The company also made a share-based payment charge of £1.11m (2011: £2.37m), which relates to options granted to employees and directors during the year and in the past. More positively, transaction volumes increased 53% year-on-year, boosted by a particularly strong performance in June, and the company's outlook was broadly upbeat.

Whos in charge of lonmin do you now..

ahhhhhhhhhhhhhhhwrong board to many late nights........

Who's in charge of lonmin do you know........

Got a friend with alot invested in kibo......ive been in a while now they also have 4 gold projects But i was tipped oracle coal a few weeks ago by someone i respect we shall see....

Tempted to buy some REM can see it been a nice trader 00.8 at moment.......

You bought in to eua today i see well done......my fingers been hovering over the buy button but havent taken the plunge yet............

DO I GET MY STAR NOW.........

The AIM quoted finance, property and urban regeneration specialists issued first half results to 30th June 2012 at the end of September. Results were in line with expectations which, more importantly, offered further encouragement of progress in their transformation into a property focused business. The Group’s total housing stock is now in excess of 10,000 units with development opportunities worth more than £3bn, offering a glimpse of the long term potential.

Xchanging: JP Morgan raises target price from 108p to 129p, neutral rating remains unchanged.

Tangent Communications: Canaccord raises target price from 10p to 12.75p, buy recommendation kept.

Talk Talk Telecom: Berenberg raises target price from 180p to 265p and upgrades to buy.

Signet Jewelers: Deutsche Bank raises target price from 3860p to 4000p, buy recommendation maintained.

SABMiller: Deutsche Bank raises target price from 2700p to 2800p, hold recommendation reiterated. JP Morgan raises target price from 2770p to 2855p, overweight rating kept. Credit Suisse raises target price from 2950p to 3100p, outperform recommendation maintained. Nomura raises target price from 2600p to 2800p and upgrades from reduce to neutral. Societe Generale raises target price from 2800p to 2970p, hold recommendation remains unchanged.

Majestic Wine: Espirito Santo reduces target price from 470p to 460p and downgrades to neutral.

Halfords Group: Citigroup raises target price from 295p to 325p, neutral rating reiterated.

Earthport: Panmure Gordon reduces target price from 28ß to 24p, buy recommendation remains unchanged.

Daily Mail and General Trust: Barclays Capital raises target price from 550p to 560p, equal weight rating unchanged. Panmure Gordon raises target price from 635p to 700p, buy recommendation maintained.

Cobham: Jefferies raises target price from 230p to 240p, buy recommendation maintained.