Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
New to This forum .Long road ahead i think ,there will be some ups and some bigger downs imo however lets not forget all the people dying of this dreadful virus whilst were making a few quid .Hope boris gets better soon .
Second Quarter Trading Statement 10 September 2009 Home Retail Group, the UK’s leading home and general merchandise retailer, today updates on the trading of its second financial quarter and the first half overall. Terry Duddy, Chief Executive of Home Retail Group, commented: “We are pleased that both Argos and Homebase performed well, delivering cash margin ahead of our expectations. Combined with exceptionally good cost management, this means we now expect Group benchmark profit before tax for the first half to be broadly in line with last year’s £121m. “We approach the key Christmas trading period from a position of operational and financial strength, but continue to plan cautiously for consumer demand. We will also have a more significant impact from adverse currency movements in the second half of the year.” Q1 (13 weeks from 1 March to 30 May) Q2 (13 weeks from 31 May to 29 August) H1 (26 weeks from 1 March to 29 August) Argos Sales £937m £951m £1,888m Like-for-like change in sales (2.8%) (1.4%) (2.1%) Net new space contribution 3.7% 3.9% 3.8% Total sales change 0.9% 2.5% 1.7% Gross margin movement Down c.75bps Down c.125bps Down c.100bps Homebase Sales £465m £401m £866m Like-for-like change in sales 3.8% 1.6% 2.8% Net new space contribution 2.0% 1.3% 1.6% Total sales change 5.8% 2.9% 4.4% Gross margin movement Down
High efficiency and low emission power products firm Ceramic Fuel Cells net losses after tax rose 78.1% to A$42.2m. Sales revenue for the year to the end of June increased 172% to A$1.7m but impairment charges soared by 740.5% to A$27.5m. Operating costs - before impairment charges - fell 12.2% to A$21.2m. The company had cash of A$25.5m and held investments valued at A$4.3m. The company is taking legal action to recover losses suffered when the its funds were invested in a range of structured financial products. IMF (Australia) will pay the costs of Ceramic Fuel Cells' legal action, including all legal fees, in return for a success fee. The claim was filed and served on 12 August 2009.
not looking anymore everytime i do it drops a little more , still its like every other share i have at moment worth a lot less than i bought them for ,got to be my turn soon for a bit of profit !!!
thanks for the reassurance will sit long if necessary will sell @260 but not before as this should make me circa 10 k profit although it might be a long wait for me !!!
i hope your right cos i bought 35ks worth yesterday @ 200
Life assurer Friends Provident has terminated talks with Resolution. Friends Provident received a revised proposal from Resolution yesterday (26 July) which the board has rejected as the terms and structure of the proposal remain wholly inadequate. The proposal involved Resolution acquiring Friends Provident for 0.82 of a Resolution share for each Friends Provident share, valuing Friends Provident at 74.6p a share at Friday's closing price. The proposal included a cash element of £500m. The board of Friends Provident sees no basis for further engagement with Resolution and has terminated discussions.
Having earlier this week rebuffed an all-share approach from Clive Cowdery's Resolution Group, Friends Provident has audaciously proposed its own takeover of Resolution. In a letter issued today to Resolution, Friends Provident proposes that it will become the holding company for the group. Friends says it can see advantages in the consolidation of the UK life insurance industry and proposes a combined entity with Trevor Matthews of Friends Provident as the Chief Executive. Mike Biggs of Resolution would be chairman and Clive Cowdery would become Executive Deputy Chairman responsible for consolidation strategy. It has not addressed the issue of terms but, while it has made clear that the terms proposed to date by Resolution remain wholly inadequate, it has invited further discussions with Resolution to agree an appropriate exchange ratio. Following this latest development, the share price of Resolution moved up 2.75p to 91.25p, up 3.1%. Friends Provident's share price slipped 0.78p to 71.22p
is that buy at 16.37 not the balancing of the markets at the end of the day