Member Info for mulledwine

Operational Highlights · Lead compound, SYN1113, compared favourably versus a global brand in recent clinical study against acne · SYN1113 currently under exclusivity agreement with global consumer healthcare company · Entered into partnership agreements with Sinclair Pharma and Beiersdorf AG among others · Grown compound library to over 3,000 candidates · Won challenge to develop new microemulsions for skincare products, backed by Intelligent Formulation

Financial Highlights · Increased sales revenue from commercial agreements to £161,000 (2009: £104,000) · Operating loss of £559,000 (2009: £517,000) · Loss per share reduced to 4.7p (2009: 5.9p) · Cash balance of £1,068,000 as at 31 January 2011

http://www.investegate.co.uk/Article.aspx?id=201103080700064791C

Cobham Receives Five-Year, US $45M Long-Term Agreement from Pratt & Whitney for Advanced Composite Products

http://www.investegate.co.uk/Article.aspx?id=201103080700064649C

Peter Buchanan, CEO, commented: "The series of transactions announced today give Valiant exposure to a near term exploration well on this exciting play in its core Northern North Sea area while also expanding its portfolio further in the Central North Sea. We look forward to working together with our new partners and benefiting from their extensive knowledge gained in the area from the drilling to date which has taken place on the Cladhan discovery." In accordance with the AIM Rules, the information in this announcement has been reviewed and signed off by Justin Morrison, Exploration Manager, who has over 20 years relevant experience within the sector.

Cladhan South Farm-Out and License Swap Valiant Petroleum plc ("Valiant") is pleased to announce that its wholly owned subsidiary, Valiant Exploration Limited, has reached a series of agreements to farm-down and swap part of its 100% holding in blocks 210/29c and 210/30b which contain the Cladhan South prospect(s) ("Cladhan South") and sit directly to the south and east of the existing Cladhan discovery. The three separate transactions are with Sterling Resources (U.K.) Ltd ("Sterling"), Wintershall (UK North Sea) Limited, both of whom are existing equity holders in the original Cladhan discovery, and Agora Oil and Gas (UK) Limited. As a net result of the separate transactions, Valiant will hold: · A 30.0% interest in Cladhan South promoted for the full cost of an initial exploration well, subject to an agreed cap on the promoted costs; and · A 40.0% interest in Blocks 21/30f and 22/26c located in the Central North Sea operated by Sterling which contain a number of exploration and appraisal opportunities. Following completion of the Transactions, Sterling will become operator of Cladhan South bringing with it strong subsurface knowledge of the area following the original Cladhan discovery in 2008 and subsequent appraisal in 2010. Further appraisal on Cladhan is currently underway and is likely to provide more information regarding the prospectivity of Cladhan South. Sterling has informed Valiant that it is currently seeking a rig slot for the second half of 2011 in order to drill Cladhan South as part of its exploration and appraisal program in the area this year. The Transactions remain subject to a number of conditions precedent including final award of Blocks 21/30f and 22/26c to Sterling and approval of each of the transactions by the Department of Energy and Climate Change.

http://www.investegate.co.uk/Article.aspx?id=201103080700074881C

Gary Ashworth, Chairman of InterQuest, commented, "The general economic outlook has improved throughout the course 2010 except for the public sector and we have entered 2011 with the majority of metrics pointing towards continued growth. We are seeing increasing activity in contract and permanent recruitment, and have increased our sales staff to capitalise on this increased activity. We believe these factors, combined with the potential for accelerated growth through acquisitions, position us well for the year ahead."

Outlook § Most markets have returned to growth § New Canary Wharf office planned for investment banking division § Commitment to hire a new Chief Executive and split the roles of Chairman and Chief Executive

Operational Highlights A return to growth in the majority of markets § Fee earning headcount increased by 21% to 144 at 31 December 2010 (2009: 119) § Growth in private sector markets, particularly banking and finance, has more than offset decrease in public sector activity § Resilience of niche IT recruitment model demonstrated by solid profitability throughout the recent downturn § First two client wins secured in our Recruitment Process Outsourcing ("RPO") division, InterQuest Solutions, providing additional £5m in revenue § Successful launch of new in-house training programme, iQad § Reduced losses in IQ Equity start up division as it moves towards break even

Financial Highlights § Revenue £112.2m (2009: £97.4m) up 15% § Gross profit £14.7m (2009: £12.4m) up 18% § EBITA (before IFRS 2 and amortisation charges) £3.6m (2009: £3.0m) up 19% § Profit before taxation £2.2m (2009: £1.8m) up 24% § Basic adjusted earnings per share 8.6 pence (2009: 7.1 pence) up 21% § Basic earnings per share 6.1 pence (2009: 4.4 pence) up 39% § Net cash from operating activities £1.8m (2009: £3.3m) § Net debt reduced from £3.0m at start of 2010 to £2.7m at 31 December 2010 § Final dividend of 2 pence per share due to be paid on 6 April 2011 (2009: 2 pence per share) bringing the total dividend for the year to 2.5 pence per share (2009: 2 pence per share)

http://www.investegate.co.uk/Article.aspx?id=201103080700104946C

Nice results indeed and with a final divi ...good share for anyones portfolio

André Lacroix, Group CEO of Inchcape plc, commented: "In 2010, the Group has delivered robust profit growth with strong cash conversion, demonstrating the strength of Inchcape's unique business model with its portfolio of leading premium brands, broad geographic spread and diversified revenue streams. We have further strengthened our competitive position through our differentiated Customer 1st strategy and operational discipline on our Top Five Priorities of growing market share, growing aftersales, improving margin, controlling working capital and selective capital expenditure investment. Given our robust profit growth, strong cash conversion, the improved financial position of the Group and our confidence in the future, the Board is recommending a final dividend of 6.6p for 2010. Inchcape is uniquely positioned worldwide as a leading international automotive distributor and retailer, operating in strong economies around the world with 65% of trading profit coming from Asia Pacific and Emerging Markets. In 2011, we continue to expect to see an uneven global recovery with market growth in Hong Kong, Australia, Russia, Finland, the Baltics, Africa and South America. However, we anticipate market declines in Singapore, Greece, Belgium and the UK, which together represent c.50% of Group sales. We believe that given our strong track record, financial strength and operational focus on our Top Five Priorities, we will continue to improve our competitive position and deliver a solid performance in 2011."

Inchcape plc, a leading, independent, international automotive distributor and retailer, announces its annual results for the year ended 31 December 2010. Operational and strategic highlights: · Market leadership in 14 markets and increased aftersales coverage · Revenue growth of 5.4%, ahead of our expectations · Five of six regions increase operating margins, with Group margins up 70 bps · Benefit of operational leverage generates 38% increase in pre-tax profits* · Cost restructuring to generate a further £30m of annualised savings · Cash conversion of 124%*; year-end net cash of £205.8m (2009: £0.8m) Financial highlights: · Reported sales of £5.9bn (2009: £5.6bn) · Pre exceptional PBT £214.0m (2009: £155.1m) · Reported PBT £192.1m (2009: £136.7m) · Adjusted EPS* 32.0p (2009: 27.1p**) · Reported EPS 27.9p (2009: 22.9p**) · Operating cash flow £274.3m (2009: £336.7m) · Board recommends resumption of dividend payments with final dividend of 6.6p per share (2009: 0p)

http://www.investegate.co.uk/Article.aspx?id=201103080700094931C

The link for anyone wanting it http://www.investegate.co.uk/Article.aspx?id=201103080700104943C

Morning donkee - hows you - its about time we had good news here - hopefully see a bit of a recovery in the SP ...been one way lately

the boss may be upbeat but the figures are somewhat disappointing compared to last year.