Member Info for MrFoxleyBrowne

Nice little 8m load before lunch as well

Not liking the phrase "information clarification"....... "The Company is currently in the process of finalising the 2012 Annual Financial Report with its auditor, Affinity Associates. The final report is currently undergoing information clarification and the Company expects to lodge its Annual Financial Report with Companies House and the market on or before 31st July 2013."

"Shares in GKN have been hurt by speculation it might need to raise additional funds in order to finance a possible acquisition of Volvo's aircraft business. Following that decline, Credit Suisse upped its rating on the blue-chip stock to "outperform" from "neutral". "We upgrade our recommendation with concerns over the acquisition of Volvo Aero in our view discounted in the current price," said analysts. "There is no certainty that GKN will acquire Volvo Aero Engines but with MTU having now reportedly exited the bidding process (according to press reports) GKN is in pole position." The Telegraph Target price of 240p apparently

I love the smell of engineering in the morning!