Member Info for Lucille_Ball

BAE Systems Lands $31.6 Million Deal For Bradley Fighting Vehicles BAE Systems in West Manchester Township inked a $31.6 million contract for work on the Bradley Operation Desert Storm vehicle conversions. The award provides for the modification of an existing contract to supply material and labor for Bradleys. Work will be performed at the York County site with an estimated completion date of Oct. 31, according to a U.S. Department of Defense contract release. The Chigago Tribune has the story: http://www.chicagotribune.com/business/sns-mct-brief-bae-systems-lands-31.6-million-deal-for-20120505,0,1442456.story Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Defence and aerospace group BAE Systems (LON:BA.) also updated investors on its performance. BAE said trading has been in line with expectations so far this year, expecting to post modest growth in full year earnings per share on flat sales in 2012. BAE also told investors that it is still in talks with Saudi Arabia over changes the Salam programme relating to the final assembly of the remaining 48 of the 72 Typhoon aircraft. “Good progress on these discussions has been made in recent weeks with budgets approved in the Kingdom in December on all items other than the price escalation where negotiations will now continue into 2012,” BAE told investors. http://www.proactiveinvestors.co.uk/companies/market_reports/42400/ftse-100-news-summary-rbs-hsbc-rolls-royce-tullow-oil-bg-group-rsa-diageo-bae-systems-xstrata-0000.html

Geoff Wild, who has occupied the role Chief Executive Officer at speciality chemicals producer AZ Electronic Materials since January 2010, dumped 46,000 shares in the firm one week after the firm reported a robust performance during a tough first quarter. Wild, 55, disposed of the shares at 322.4048p each, reducing his stake in the company to 845,749 shares, equivalent to just 0.002%. The sale, which earned the director around £0.15m, was made on May 3rd, six days after the company posted a 4% year-on-year dip in first quarter revenue from $192.3m to $184m. However, judging by the group's statement, things started to look up in April and assuming there is no adverse change in the consumer and trading environment, management expects sequential quarterly growth throughout 2012, while expectations for the full year were unchanged. In the past year the stock has gained 38.70p, equivalent to almost 14%. http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20077830

UBS analyst Dr Gbola Amusa has increased his target price for the world’s fifth-largest drug maker by 100 pence to 3,500 pence and remains a ‘buyer’. http://www.proactiveinvestors.co.uk/companies/news/42379/astrazeneca-added-to-ubss-key-calls-list-despite-poor-results-42379.html

ARM Holdings - great company, not so great stock http://www.tradingfloor.com/posts/tech-blog-arm-holdings---great-company-not-so-great-stock-465055060

Antofagasta Q1 Group Copper Production Up 25.5% - Quick Facts (RTTNews) - Antofagasta plc (ANTO.L: News ) reported a 25.5% rise in first-quarter 2012 Group copper production to 162,900 tonnes compared with last year, when Esperanza was commencing production. Nevertheless, there was a 12.9% sequential decrease in copper production, due mainly to planned maintenance and expected lower grades at Los Pelambres and lower throughput at Esperanza in February and March as a result of damage to the feed conveyor which has since been repaired. In the quarter, Gold production was 63,500 ounces, versus 22,100 ounces in the 2011 first quarter, also reflecting the greater contribution from Esperanza. Quarterly Molybdenum production at Los Pelambres was 3,100 tonnes, 19.2% higher than the previous quarter, as a result of an increase in the molybdenum grade, partially offset by the lower plant throughput. Esperanza currently expects to remain within the 2012 full-year forecast range announced on 1 February of between 160,000 and 175,000 tonnes of copper production and between 240,000 and 260,000 ounces of gold production, albeit at the lower end of these ranges. Anticipated production levels at the other three mines remain in line with the earlier forecast. http://www.rttnews.com/1875312/antofagasta-q1-group-copper-production-up-25-5-quick-facts.aspx?type=qf&utm_source=google&utm_campaign=sitemap Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Anglo Pacific Group PLC: Mount Ida Magnetite Royalty Acquisition LONDON, UNITED KINGDOM--(Marketwire - May 2, 2012) - Anglo Pacific Group PLC (the "Company") (LSE:APF)(TSX:APY) announces that it has acquired 20% of the Mount Ida 1.5% Gross Revenue Iron Ore Royalty ("GRR") from Red Rock Resources PLC ("Red Rock"). The Company had entered into a proposal with Red Rock (as detailed in the announcement on 6 February 2012) and subsequent to this a wholly-owned subsidiary of the Company has signed a Royalty Sale Agreement with Red Rock. The Royalty Sale Agreement provides for a total of US$14 million being paid in three instalments as follows: Tranche 1: US$6 million on completion and agreement of the terms of the transaction, for a 0.3% GRR Tranche 2: US$4 million payment for a further 0.225% GRR following the results of a positive definitive feasibility study ("DFS"), a formal decision to mine and 20% of the pre-production capital costs outlined in the DFS being provided for Tranche 3: US$4 million for a further 0.225% GRR following the commencement of commercial production, taking the total to a 0.75% GRR Tranche 1 has now completed with the payment of US$6 million being settled by the payment of US$3,899,99.81 (less some applicable costs) and the issue and allotment of 416,161 ordinary shares in the capital of the Company to Red Rock. The new shares rank pari passu in every respect with the existing issued ordinary shares of the Company. Applications will be made to the UK Listing Authority, the London Stock Exchange and the Toronto Stock Exchange for the new shares to be admitted to the Official List. Subject to these applications being successful, the Company advises that its issued share capital will comprise of 109,605,376 ordinary shares of 2p each. The voting rights of all of these shares are identical with each share carrying the right to one vote. The Company holds no shares in treasury. Therefore, the Company's total number of voting rights will be 109,605,376. This figure may be used by shareholders as the denominator for the calculations by which they determine if they are required to notify their interest in, or a change to their interest in, the Company under the Disclosure and Transparency Rules. http://www.energydigital.com/press_releases/mining-and-metals/anglo-pacific-group-plc-mount-ida-magnetite-royalty-acquisition Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Miner Anglo American (AAL.L) and cement maker Lafarge (LAFP.PA) must sell major assets to win British clearance for a tie-up of their building materials businesses, a move the regulator hopes could bring new players into the market. Britain's Competition Commission ruled in February that the planned joint venture, agreed last year, could damage competition in certain markets for construction materials. Analysts at the time assumed that forced divestments would be required to address those concerns. On Tuesday the Commission said the two companies had to sell an "extensive package of operations", including one of the UK's largest cement plants. Both companies said they were confident the conditions would be met, prompting speculation that they might have buyers for the assets lined up, despite government austerity plans that are likely to limit spending on infrastructure. Global miner Anglo American said the strategic rationale for the venture remained clear. Anglo, refocusing on core mining activities, struggled for more than three years to find a buyer for its Tarmac UK unit before agreeing last year to a joint venture with France-based Lafarge's British cement, aggregates, concrete and asphalt businesses. The Competition Commission began looking into the proposed venture, which would have rung up annual sales worth 1.8 billion pounds in 2010, after the tie-up was challenged by the Office of Fair Trading in September. The assets that the two companies have to sell include a cement plant, quarry and linked rail depot in northern England, a network of ready-mix concrete plants representing over half the proposed venture's capacity, six aggregate quarries and two asphalt plants, the Commission said. http://uk.reuters.com/article/2012/05/01/uk-angloamerican-lafarge-idUKBRE8400UR20120501 Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

On the downgrade front, we see Anglo American plc (LON:AAL) has also come under the gaze of AlphaValue. The mining giant has a target share price set at 2770, so despite the downgrade there is still a potential 16.6% upside.

AMEC Wins Contract For BP's Mad Dog Project LONDON (SHARECAST) - Engineering and project management company AMEC has been awarded a topsides design contract by BP for the Mad Dog Phase Two deepwater project in the Gulf of Mexico. http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=20066209 Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089 "Deepwater projects are increasingly important in helping to meet rising demand for oil and gas around the world," AMEC said in a statement on Tuesday morning. The company will provide Front End Engineering Design (FEED) services for the topsides facilities for BP Exploration & Production - the new facility will be of one of the largest floating production systems to be installed in the Gulf of Mexico. "This award is the latest in our on-going global engineering and project management services agreement with BP and continues our long-term collaboration with the largest oil producer in the Gulf of Mexico," said Simon Naylor, President of AMEC's Natural Resources Americas business. "The contract further strengthens AMEC's track record in the development of global deepwater facilities, building on current offshore projects in Brazil and Angola." No contract value has been disclosed.

Long-term winners So which of today's businesses look set to stand the test of time? One obvious avenue to consider is Britain's rich seam of investment trusts. Several are themselves well over a hundred years old: Alliance Trust (LSE: ATST) and Foreign & Colonial Investment Trust (LSE: FRCL), for instance, date back to 1888 and 1868 respectively. Monks (LSE: MNKS) dates back to 1929. Scottish Mortgage (LSE: SMT) has been riding out uncertain economic conditions since 1909. Hunting The 100 Year Old Share http://www.google.com/url?sa=t&rct=j&q=alliance%20trust%20(atst)&source=newssearch&cd=2&sqi=2&ved=0CDEQqQIwAQ&url=http%3A%2F%2Fwww.fool.co.uk%2Fnews%2Finvesting%2F2012%2F05%2F04%2Fhunting-the-100-year-share.aspx&ei=X6ykT7r2KIn28gPot4DXBA&usg=AFQjCNEmRGy246xQamdZXnTzWBepMwGeYw Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

AG Barr (target price 1,100p) AG Barr (LSE: BAG), the maker of Irn Bru and owner of a strong stable of other soft drinks brands, is a holding for two of our Expert Eight managers: Nick Train (Lindsell Train UK Equity and Finsbury Growth & Income (LSE: FGT)) and Charles Montanaro (Montanaro UK Focus and Montanaro UK Smaller Companies (LSE: MTU)). Barr has been a substantial holding for Train for donkey's years. Montanaro is also a long-term holder, but the firm has rather less weight in his portfolio than in Train's. Barr is trading today at around the same share price as two years ago. Train tells us: "It seemed plausible enough to us back then that the shares might tread water … Why not sell, find another stock, then trade back into Barr after its couple of years in the doldrums?" He gives three reasons: "We were confident of Barr's dividend growth … we covet the long run dividend stream it provides." "We knew that the strong cash generation would … permit the acquisition of new brands, or … the build of new production capacity for existing brands in a new geography. This cash generation is a competitive advantage for Barr but because opportunities arrive haphazardly, it is impossible to know exactly when the competitive advantage will boost the share price." "We are always reluctant to sell out of exceptional businesses, except on the most excessive of valuations." In hindsight it might appear simple to sell a stock like Barr that's going nowhere for a while and to buy back in later, but Train warns: "In real-time this is not such an easy thing to deduce or execute. Our conviction about the calibre of Barr's business and about the likelihood that its pricing power will protect long term shareholders against the ravages of inflation is much stronger than our conviction that the shares may or may not take a pause for breath." Wise words indeed, in my view, and applicable for investors not just in Barr but in any high-calibre business. So, at what price would our pro stockpicker be an enthusiastic buyer of more shares in the company? Answer: "Another 50p lower." Based on the price at which the shares were trading at the time, I put the target at around 1,100p. Also, Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Harold Mitchell, Executive Director, sold 652,139 shares in the company on the 3rd May 2012 at a price of 179.50p. The Director now holds 41,598,988 shares.

Bayfield Energy Secures Exploration Rights For Pletmos Gas Block In South Africa Bayfield Energy (LON:BEH) has secured exploration rights for the Pletmos inshore block in South Africa, where it plans to acquire new seismic data to define drilling locations. Pletmos is situated off the southern coast of South Africa some 200 kilometres east of the Mossel Bay gas to liquids plant. The block is located within the greater Outeniqua basin where over four trillion cubic feet of gas has been discovered to date. Earlier exploration activities on the block have resulted in an untested gas discovery in well Ga-VI and, to the south, several gas discoveries were tested in the same geological play. Six prospects have been mapped and require detailed seismic programmes to evaluate the potential, the company added. Bayfield will be focused on the reprocessing of existing 2D seismic data over the block during the initial three year period. The company will also acquire new 2D and 3D seismic data to help define drilling locations. “We are delighted to take this first step in realising our ambitions for Pletmos, which were laid out in our 2009 application,” said chief executive of Bayfield Hywel John. “The growing interest from majors and larger independents offshore southern Africa is an endorsement that our early confidence in the region is well placed." http://www.proactiveinvestors.co.uk/companies/news/41791/bayfield-energy-secures-exploration-rights-for-pletmos-gas-block-in-south-africa-41791.html P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Enegi Oil Plc is an independent oil and gas company. Current operations are focused on opportunities around the Port au Port Peninsula in Newfoundland, Canada and the Clare Basin in County Clare, Ireland. The Port au Port Peninsula is located in western Newfoundland, which, although lightly explored, is in an active petroleum system with light oil having been discovered on a number of occasions. The Clare Basin is located in western Ireland and initial technical studies show that it has the potential to contain shale gas. Enegi Oil: Testing Begins On Green Point Shale Project Enegi Oil (LON:ENEG) today told investors that testing has now begun on the Green Point shale play in Newfoundland, Canada. This morning Enegi said the first of four cased hole tests is now underway in the recently drilled Shoal Point 3K39 well. It is expected that all four tests will be complete within the next 35 days. Additionally Enegi told investors that an independent report has been commissioned to assess the extent of the Green Point Shale within the group’s acreage. The subsequent report, which will by Canadian NI 51-101 compliant, will be produced by independent consultant AJM Deloitte. "(This) is a positive step towards obtaining an SDL* over EL1070, the lower portion of which is 100 per cent owned by the company and contains the conventional Shoal Point lead,” chief executive Alan Minty said. “We also keenly await with interest the upcoming test results from SPE and the imminent Green Point Shale report from AJM Deloitte, which will provide insight into the prospectivity of the Green Point Shale on our acreage." Drilling success in the 3K39 well helped lift Enegi shares by as much as 50 per cent earlier this year. *SIGNIFICANT DISCOVERY LICENCE (SDL): when oil and/or gas is discovered, a company applies to the National Energy Board (NEB) for a significant discovery declaration (SDD) and to INAC for a significant discovery licence (SDL). However, the significant discovery licence will not be issued until the significant discovery has been declared. This licence covers the area of the discovery and provides indefinite ownership to the discovery. An SDL replaces the exploration licence but gives exactly the same rights. http://www.proactiveinvestors.co.uk/companies/news/41853/enegi-oil-testing-begins-on-green-point-shale-project-41853.html P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

According to the BBC Thornton's might print out a choc or two, in 3D! Watch: http://www.youtube.com/watch?v=iictiOdHhXc&feature=player_embedded And learn: http://www.fastcodesign.com/1669574/the-worlds-first-commercial-3-d-chocolate-printer-is-on-sale P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

MARKET REPORT: Bid talk bolsters comparison site Moneysupermarket.com Punters logged on to price comparison website Moneysupermarket.com amid revived private equity bid talk and the shares closed 5.8p better at a 52-week peak of 134.5p. Co-founder and deputy chairman Simon Nixon owns 52 per cent of the equity and has said in the past that he would be open to offers at the right price. He helped float the company at 170p in July 2007 and rejected an approach from the Ontario Teachers’ Pension Plan in 2008. Apax was the private equity name in the frame, but sceptics said the rise was more on the back of an upgrade by Canaccord Genuity ahead of tomorrow’s first-quarter trading statement. The broker moved to buy from hold and lifted its target price to 147p from 120p. It believes earnings forecasts face upward pressure, with continued double-digit revenue growth, and diminished cost growth driving a step-up in margin. http://www.thisismoney.co.uk/money/markets/article-2130735/MARKET-REPORT-Bid-talk-bolsters-comparison-site-Moneysupermarket-com.html?ito=feeds-newsxml

Kazakhstan-focused Hambledon Mining (LON:HMB) is good value at the current market price according to Fairfax analyst John Meyer. In the quarterly report, the company said it was on course to meet its annual target of 26,000 ounces of gold and should it meet this mark, “there is value in the shares”, said Meyer. http://www.proactiveinvestors.com/columns/proactive-uk-broker-wrap/1142/broker-round-up-part-2-ferrexpo-regal-petroleum-providence-resources-urals-energy-beowulf-mining-hambledon-mining-1142.html P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Keep buying Redhall, tipped on 9 March 2012 at 106p and now 82.5p. http://www.ukcitymedia.co.uk/news/fullstory.php?id=2387 P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089

Q&A: As fears grow for Spanish banks we explain what it means for Santander customers By DAILY MAIL CITY & FINANCE PUBLISHED: 09:29, 18 April 2012 | UPDATED: 10:25, 18 April 2012 As fears are mounting that Spain will be the next country in the single currency bloc to implode, we look at how safe your savings are with Santander. Also, don't miss our special report today: Spain teeters on the brink. How safe is Santander? Santander in the UK is part of the Santander Group, which also owns Banco Santander, the largest bank in the eurozone and a cornerstone of the Spanish economy. However, the UK arm operates as an entirely separate business to its Spanish sister. This prevents problems in Spain affecting British customers, it says. A Santander spokesman says: ‘Santander’s UK business is strong and has a standalone credit rating which is one of the highest credit ratings of any UK bank.’ Are my savings safe? The £120billion of UK savers’ money with Santander stays in the UK and is not fed back to Spain. In – what experts say – the unlikely event of Santander’s UK arm going belly up, the first £85,000 (£170,000 for joint accounts) of savers’ deposits is protected by the UK savings safety net, called the Financial Services Compensation Scheme. What if I have a mortgage? If Santander’s UK arm ran into serious trouble your loan would be sold to another bank and repayments would continue. If you have an offset mortgage, you would receive up to £85,000 (£170,000 for joint accounts) of your savings back. Any surplus would be used to repay the debt. Read more: http://www.thisismoney.co.uk/money/news/article-2131431/Q-A-How-safe-Santander.html#ixzz1sXFM8v7S P.S. Here's a couple of links about SCLP, one of the hottest stocks at the moment: http://www.euroinvestor.com/community/discussionthread.aspx?threadid=252803 http://www.euroinvestor.com/community/discussionthread.aspx?threadid=253089