Member Info for jange

Thanks for the update everything sounds upbeat.

Bango has developed and deployed an open, global, infrastructure platform that enables content providers to market, sell and deliver their products and services directly to mobile phone users on all mobile networks using the mobile Internet. This \direct-to-consumer\ approach operates alongside the mobile operator's mobile content portals. Leading mobile operators including Vodafone, Orange, Telefonica and O2 work with Bango to accelerate the growth of their direct-to-consumer business. The Bango platform has given cell phone subscribers in Europe and around the world greater access to third-party content. Leading content brands are now adopting the Bango Service

The Company announced the acquisition of the assets and business of Yorkshire Horticultural Supplies (YHS), a compost manufacturer located near Doncaster. The acquisition is being made by William Sinclair’s specialist solids subsidiary, Freeland Horticulture Limited, and represents an important strategic vertical integration by the Company into composting. The acquistion marks the begining of a commitment by William Sinclair to increase production of its peat free products. The YHS site currently processes 40,000 tonnes of park and garden waste per annum, most of which is turned into green compost.In addition to this valuable material, 10-15 per cent of the waste remains as a by-product called “oversize” which is currently a liability for YHS but will provide raw material fro Freeland’s SuperFyba production. Freeland has developed a unique technology that can process oversized produce SuperFyba, one of the best peat alternatives in the UK for plant growing media. Approximately 3m cubic metres of peat are consumed by the UK horticulture industry each year and this peat usage could eventually be completely replaced by SuperFyba. William Sinclair is looking to invest in the acquired business and to expand the tonnage processed at the site. Freeland will tender for other local authority contracts in the region as they come up for renewal

Triple Plate’s joint venture partner in the Crater Mountain project, Gold Anomaly Limited (ASX: GOA), announced an update from its latest hole completed at the Nevera Prospect at Crater Mountain, PNG. Triple Plate holds an 18.9 per cent interest in the Crater Mountain project known as NEV026 and results confirm that the gold seen at the artisanal zone is not just supergene in nature and that high grade gold veining does occur in the sulphide zone as well as the oxide zone. NEV026 has provided more information on the orientation and declination of the artisanal zone, assisting in planning future holes. On the back of the drilling to date, it is planned to bring a third drill rig to site in 2012 to focus solely on defining the Artisanal Mining Zone.

Smith Electric Vehicles US (SEVUS) filed the S-1 form for an initial public offering of Smith's common stock on The NASDAQ Global Market; subject to the SEC's review. The shares of common stock to be sold in the offering are proposed to be sold by Smith and by certain of its stockholders, including Tanfield. Subject to market conditions, the IPO may include a partial sale by Tanfield of its current shareholding in Smith. Tanfield have retained a 27 per cent stake in SEVUS, which has an estimated value of around £75m.

The energy ventures company focused on growing oil and gas and renewables businesses announced this morning that it has secured further funding support totalling £88,510 from Scottish Enterprise to advance its plans to establish an offshore wind farm support business. The funding will enable SeaEnergy to undertake detailed design and tank testing for its innovative X-Bow® based vessel system

LPA spot-lighted two new contracts for lighting hazardous gas areas in the Gorgon Gas field in Australia. They have also received a letter of intent from Siemens to supply LED LumiMatrix lighting for the Warsaw Metro. The value of both these projects is initially worth around £1.2m. The Company went on to give a trading update that the Group’s full year results are likely to significantly exceed market expectations

At GGG, 59 drill holes totalling 11,163m were completed in October and early November 2011. The total Phase One and Two development drilling since Q4 2010 now stands at 93,913m in 565 drill holes. Approximately 99 per cent of drill holes have intersected gold mineralisation with only 7 not mineralised. The drilling results continue to reconcile well against the latest gold JORC resource model and give confidence for the next JORC upgrade due in Q1 2012. The principle goal is to increase the 711,000 ounces of existing indicated resource by moving a significant portion of the 1.9m ounces of inferred resource into the higher indicated category out of the current 2.6m JORC ounces. A new exploration programme has been planned to test regional structures and anomalies identified by recent regolith mapping. Raw data has been received from the recently competed airborne magnetic survey aimed at assessing deeper mineralisation and is currently being reviewed. Last week, GGG also announced initial metallurgical programme results. Gold recoveries are expected to exceed 90 per cent for grades above 0.6 g/t Au. A follow-up metallurgical programme is now underway to finesse optimum grind size, reagents and recoveries. Jeff Malaihollo, Managing Director of GGG Resources said "…Previous operations during the 1990's produced average recoveries of approximately 94 per cent. The Bullabulling mineralisation is not hard or abrasive in the context of the Eastern Goldfields which should have a positive impact on operating costs. Bullabulling continues to demonstrate all of the characteristics of a robust long term gold project." The Bullabulling deposit has a defined resource base of 2.6m oz. We expect further news in this newsworthy miner, notwithstanding that the Company is currently merging with 50 per cent JV partner Auzex

The university IP commercialisation company last week announced that it has conditionally raised £5,007,800 (before expenses) in a placing with existing and new institutional shareholders. The Group now has over 20 companies in the portfolio, employing nearly 250 staff (including executive and non-executive directors); a well-balanced asset base of engineering, software and medical businesses at varying stages of maturity, growth and profitability. The Placing will provide Fusion IP with the funding to continue its investment in technology originating from Cardiff and Sheffield Universities and provide medium term working capital to enable Fusion IP to continue to support its portfolio companies in subsequent financing rounds and participate in those investment opportunities which the Directors believe to be the most promising. In a week for Fusion IP announcements, FIP also had two portfolio company announcements. One that Mesuro, the Cardiff University spin- out which sells RF testing equipment and device measurement services to the semiconductor industry, had appointed Dr Godfrey Ainsworth as non-executive Chairman; and the second that MedaPhor, the Cardiff based ultrasound simulation company had announced that the University of Washington Medical Centre in Seattle is the first US hospital to install its revolutionary Scantrainer ultrasound simulation system. A good week for Fusion with the share price having risen 1.4 per cent over the past month, and 67 per cent over the last 3 months

The AIM listed palm oil development company with operations in Liberia announced last week that it has made an offer to warrant holders to purchase and subsequently cancel a total 18,790,295 warrants in the Company. In addition, entities associated with two directors of the Company, Michael Frayne and Joe Jaoudi, and a substantial shareholder in the Company, BioPalm Energy Limited, wish to purchase all of the Warrants. A good vote of confidence in the Company from its directors which should lead to a tidier capital structure. Forbidden Technologies (LON:FBT) (FBT 15p/£12.99m)

The biotechnology and personalised medicine company announced a partership with Dr Matthew Hardman at the University of Manchester in which novel preclinical models for cutaneous wound healing developed within his laboratory will be transferred to Epistem. Dr Hardman is a world-leading expert in molecular and cellular aspects of pathological healing. Epistem and The University of Manchester have been awarded a Knowledge Transfer Partnership (KTP) grant from the Technology Strategy Board and Medical Research Council to optimise, validate and commercialise new preclinical assays for wound repair. A KTP Associate has been appointed to work within Epistem on the project. This partnership will allow Epistem which is experienced in commercialising new technologies to expand its existing range of wound healing models and to provide a broad, innovative service range

Densitron, the European manufacturer of display technology for hand held devices, reported that the second half is continuing in line with management expectations; and that the business remains on track to achieve market expectations for the full year and the remaining two years of the Company’s challenging three year growth plan. The Company’s order book remains strong enabling management to be optimistic about the first quarter of 2012. The new Italian office continues to build a successful presence and is performing ahead of internal forecasts, and an Indian office is scheduled for January 2012.

Delcam, a leading developer and supplier of advanced software solutions for metrology, product development and manufacture, last week provided a trading update for the financial year to 31 December 2011. After a strong first half, which showed interim revenues reach a record high, trading in the second half of the financial year began well and the fourth quarter to date has been good. As a result, the Board now expects the Company’s profit before tax to be ahead of current market expectations of £2.8m, stated before share option charges of £0.1m. Sales for the full year are expected to be approximately £40m, setting a new high for the Company. All Delcam's major trading regions have contributed to the strong performance to date, with the Company's performance in Germany being especially strong

The AIM listed 3D solutions company has licensed its TriDef®3D software to Top Victory Investments Ltd (TPV) for its AOC brand 3D monitors. DDD’s TriDef 3D automatically converts DVD movies, PC media and photo files from 2D to 3D. It allows over 30 popular Chinese online games and over 500 of the latest PC games that have not been specifically developed for 3D to be played in stereoscopic 3D “off the shelf”. TPV is the first Chinese company to launch a 3D monitor in China, and is now expanding the AOC line-up into the worldwide market. The polarized ‘FPR’ 3D displays will use TriDef 3D technology to provide 2D to 3D conversion for video and games, as well as playback for originally made 3D photo and video content. AOC’s monitors are already used in many of the 150,000 Chinese iCafe internet cafes. They were also featured at SINOCES in China in July, and in September at LG Displays’ even in Beijing where six of China’s largest PC manufacturers and four of the largest monitor manufacturers presented their latest 3D consumer products. DDD will receive quarterly royalties based on the volume of AOC brand 3D monitors shipped. Chris Yewdall, CEO said that working with AOC gives them the opportunity to address the PC market in China which is currently the largest growth market for PCs

LON:BVM) the mobile computing services company, last week announced that Novo Ivc, its wholly owned subsidiary, has installed a new on-board computer system for the processing of retail transactions on Monarch Airlines, one of the UK's largest Charter Airlines. Novo systems is one of the world's most successful providers of onboard retail systems and these are currently in use on 3,000 daily journeys by over 50,000 flight attendants handling sales in excess of £540m. The move follows a collaboration between Novo and Alpha Flight UK, the leading in-flight retail management and on-board sales specialists, to develop a system which provides a faster transaction capability, greater selection of payment methods, the capability for the sale of virtual products such as car hire, as well as number of other features including giving sales tips for airline crews and promotional updates

LON:SDL) plc (SDL) has improved its cash offer for Alterian to 110p. Alterian’s management had rejected the original bid of 80p. The revised offer now values the Company at £68.4m, some 73 per cent higher than the pre-bid closing price of October 21, but still a way off the 215p level that the shares enjoyed a year ago, before two profit warnings and management changes hit the valuation hard. The Board of Alterian has stated that it is now prepared to engage with SDL with a view to recommending the improved offer

Healthcare software provider Advanced Computer Software announced it will focus on investing in its mobile phone-based services, as it almost doubled first-half pretax profit. The Company, which earlier in the year signed a partnership with Vodafone Group (VOD) to sell its iNurse mobile phone application for nurses, said it is in advanced discussions with other mobile operators. Sales during the first half continued to climb as public and private sector organisations invest in software to cut costs by boosting efficiency. The Company's forward order book now stands at £100m compared with £78m at the end of the previous financial year. For the six months ended August 31st 2011, the Company made a pretax profit of £3.7m, up from £1.9m a year earlier. Revenue climbed 7 per cent to £47.3m.

National Grid (LON:NG) appears to be well placed to deliver another good year after posting a small improvement in underlying profit at the half-year stage. Underlying profit before tax for the six months ended 30 September rose 2% to £953m from £938m - in fact up 19 percent excluding the impact of timing 'differences' and the impact of Hurricane Irene -; however, that was below the £985m the market had been expecting. Reported profit before tax fell from £971m to £941m on a like-for-like basis, while revenue also fell, to £6.31bn from £6.44bn for the same period a year previous. The 6% decrease in first-half operating profit, was driven by losses in its U.S. regulated business, but the company said it was on track to meet its targets for this year. "The restructuring of our U.S. business is now largely complete and is delivering operational and financial," the company said. National Grid has been restructuring its U.S. business after unveiling plans in January to cut 7 percent of its direct workforce in the country, for annual cost savings of about $200 million. Earnings attributable to shareholders was £795 million versus £760 million last year. On a per share basis, profit stood at 22.2 pence compared to 22.9 pence a year earlier. Adjusted profit was £697 million or 19.5 pence per share versus £656 million or 19.8 pence per share in the year ago period

Formed in 1997 (then part of its parent, Provident Financial), International Personal Finance provides small-sum, short-term unsecured loans to consumers across a range of developing economies. In particular, its largest five markets are all European (Poland, Czech Republic, Hungary, Slovakia and Romania) and its sixth Mexico. These relatively underdeveloped consumer credit markets have already contributed to a client base well in excess of 2 million. Recent updates from the company have been strong. The third quarter of 2011, for example, saw pre-tax profit up 11%. The management outlook was positive, but sensibly cautious. The company has a progressive dividend policy and its strong growth prospects merit consideration. However, the nature of the business and the size of the company mean the shares should be considered high risk

MoneySwap Plc (AIM:SWAP), the online peer-to-peer currency exchange and payment platform focused on the Asia market, is delighted to announce the addition of the offshore renminbi currency (CNH) to its existing foreign exchange platform. The offshore renminbi is the official Chinese currency permitted to be traded in Hong Kong and other offshore markets. Whilst the CNH can be circulated in and around offshore markets, it cannot flow back to mainland China. As such, it has a completely separate set of demand and supply conditions - as well as regulatory requirements - to the onshore renminbi (CNY). As a consequence, both have different market exchange rates. With this latest currency introduction, the MoneySwap Exchange is now able to offer its retails and business clients currency transfer services across twelve currencies: the Hong Kong Dollar, Japanese Yen, Singapore Dollar, New Taiwanese Dollar, Offshore Renminbi, Australian Dollar, UAE Dirham, Canadian Dollar, Swiss Franc, Euro, Sterling, and US Dollar.