Member Info for mulledwine

COMMENT Commenting on the results, Mr Marcus Engelbrecht, Managing Director and CEO, said: "The last six months has been our first half year reporting period at full production. Revenues of $97 million, operating cash flows of $35 million and a net profit of $17 million provides a strong platform for meeting our strategy of growth. With production continuing to ramp up over the second half of 2012, Archipelago remains focused on generating significant cash flows and returning value to shareholders."

Unaudited Interim Results for the six months ended 30 June 2012 Archipelago (AIM:AR.) is pleased to announce its unaudited interim results for the six months ended 30 June 2012 ("H1 2012"). HIGHLIGHTS · Revenue generated from mining operations of $97.0 million. · Net profit of $17.1 million for H1 2012, compared to a loss of $3.6 million for H1 2011. · Operating cash flow of $35.4 million, compared to a cash outflow of $12.6 million for H1 2011. · Excluding income taxes paid of $6.8 million, cash flows were $42.2 million. · Produced 60,386 Au Eq oz for H1 2012, compared to 8,800 Au Eq oz for H1 2011. 2012 full year guidance remains 135,000 to 145,000 oz. · Cash costs per Au oz of $753 for the period (with 2012 full year guidance being $580 to $640 per Au oz, based on higher head grades and lower strip ratios expected in H2 2012). · Safety standards upheld with no lost time injuries in H1 2012. · As announced in January 2012, the resource increased to 2.58M contained oz Au and reserve increased to 1.47M contained oz Au (with life of mine extended to 9 years plus 7 years of stockpiles).

http://www.investegate.co.uk/Article.aspx?id=201208300700100697L

Mutsumi Imaizumi, COO at DDH stated "For DDH, this represents both a monetary investment and a business investment. As well as providing capital investment, we will also be working in partnership with Maxifier to develop opportunities to drive the adoption of solutions that help grow the online advertising market." Richard Bernstein, Chief Executive of Eurovestech commented: "This investment is a big vote of confidence in Maxifier. I am delighted that Maxifier is now working with one of the leading innovators in global advertising and excited at the prospect of collaborating in Japan and throughout the rest of Asia."

Dentsu Digital Fund invests in Maxifier Limited Eurovestech is pleased to announce that Dentsu Digital Holdings, Inc. ("DDH"), which actively invests in emerging digital companies through its Dentsu Digital Investment Business Limited Partnership (also known as the Dentsu Digital Fund), has made a strategic investment in Maxifier Limited ("Maxifier"), a global leader in inventory revenue management. Following this investment, Eurovestech now holds 35.7 per cent. of the fully diluted share capital of Maxifier. Eurovestech's holding has a carrying value of £6.5 million. The investment will see the Dentsu Group collaborate with Maxifier, particularly through its technology-driven digital communication subsidiary Cyber Communications, Inc., examining joint business development plans that encompass the entire Asian market. Maxifier, is a leading online advertising technology provider, working with premium publishers and ad networks to empower them to unlock and maximise the value of their total inventory. Using Maxifier's ADMAX solution, companies can increase advertising effectiveness by improving campaign and inventory performance to drive higher yields and deliver optimum revenues and margins. To date Maxifier has managed more than 70 billion impressions for leading publishers and media companies including Forbes, The Guardian, IPC and Bauer Media.

http://www.investegate.co.uk/Article.aspx?id=201208300700110444L

CURRENT TRADING AND OUTLOOK The ARAN business continues to expand. The seventh ATR-72 aircraft joined the fleet earlier this month and the ATR fleet is still expected to double during fiscal year 2013 to reach 12 ATR-72 aircraft by June 2013. Operationally, ARAN outperformed its competitor again in July in on-time departures and arrivals. The Company's charter business is focused on profitable growth. All cross-hiring stopped in June. Skywest expects to continue expanding the charter business in response to customer requests for additional contracts and adhoc flights. Charter revenue is anticipated to continue to grow. However, charter contract commitments will be closely aligned with fleet availability to minimize cross-hiring. Skywest has implemented schedule changes, added a double daily service to Kalgoorlie in July and enhanced revenue management systems to optimize the RPT network. Skywest has identified firm order positions for new ATR-72 aircraft that would allow an increase in the fleet by 23% to 32 aircraft by 30 June 2013. In addition to the ATR-72 deliveries to serve the ARAN network, the Company continues to explore opportunities to acquire more aircraft to meet growing charter demand. The Company also anticipates being able to enter one of its owned F100 aircraft into revenue service shortly. Skywest also has an additional owned F100 that could be brought into service in due course.

UNAUDITED RESULTS FOR THE YEAR ENDED 30th JUNE 2012 Skywest Airlines Ltd, parent to the Australian and South East Asia regional airline and other subsidiaries ("the Group"), is pleased to announce its unaudited consolidated results for the year ended 30 June 2012. HIGHLIGHTS · 7th CONSECUTIVE YEAR OF PROFITS - EBITDAR OF S$66M AND NPAT OF S$7M, PROFIT WELL ABOVE GUIDANCE · GREW TO S$303M IN REVENUE - UP 26% FROM FY11 · FLEET EXPANDED TO 26 AIRCRAFT - UP 37% FROM FY11 · STARTED VIRGIN AUSTRALIA ARAN BUSINESS - OVER 6,200 FLIGHTS WITH SIX AIRCRAFT · 5% INCREASE IN DIVIDEND - PROPOSED UNFRANKED DIVIDEND OF 1.29 (SINGAPORE CENTS) PER SHARE · STRENGTHENED CAPITAL STRUCTURE - CASH OF S$25M AT 30 JUNE 2012

http://www.investegate.co.uk/Article.aspx?id=201208300701570700L

The Questor column in The Telegraph may have labelled outsourcing group Serco a 'hold', but has highlighted that while yesterday's first-half numbers were mixed, the underlying message was generally positive for the medium term. The firm's numbers are starting to show evidence of outsourcing opportunities flowing through as a result of austerity measures from governments, which count for 95% of group revenues. Serco won £4.2bn of orders in the first six months compared with £2.5bn the year before. The paper notes that some £500m of these were from the private sector, "an increasing opportunity for Serco". However, with shares trading at 13.7 times 2012 earnings, falling to 12.5 times next year, and the prospective yield is 1.5%; best to stay put for now, Questor's Garry White said.

Outlook The PSDM processing for the 3D seismic data covering the eastern area of the D3 block should be completed within the year. Following the completion of the PSDM work, we expect that exploration drilling will re-commence in the first half of 2013. The joint venture re-submitted a proposal for the DOC for the Dhirubhai 39 and 41 natural gas discoveries and we anticipate that the review of this proposal by GOI will continue through the remainder of 2012 and into 2013. The GS-01 joint venture is required to submit a development plan for GS-01 block before the end of this year. The CY-OS/2 dispute resolution process should reach a conclusion by the end of 2012. The PY-3 field will remain shut-in until a consensus on the production facility is achieved and the way forward is agreed by all stakeholders. The Company has $30.9 million in cash and short-term investments which provides Hardy with sufficient resources to meet its exploration commitments through 2013. We continue to review our assets as well as considering new opportunities. Given our cash resources and asset base, we are well placed to ensure we build shareholder value.

Commenting on the Interim Results, Alasdair Locke, Chairman of Hardy, said: "We continue to review our assets and consider new opportunities. Given our cash resources of $30.9 million and asset base, we are well placed to ensure we build shareholder value."

Corporate · Initiated comprehensive review of the Company's assets, strategy and resources. Relocating corporate office to Aberdeen · Cost rationalisation exercise undertaken resulting in a reduction in annual overhead costs of approximately $1.0 million · In January 2012 the Company announced the appointment of Alasdair Locke as Non-Executive Chairman · In March 2012 the Company announced the appointment of Ian MacKenzie as Chief Executive Officer and Peter Milne as a Non-Executive Director. Yogeshwar Sharma remains on the Board as a Non-Executive Director Outlook · D3 - Carry out geological and geophysical studies and plan to drill the fifth exploration well in the first half of 2013 · GS-01 - Work with the operator to submit a development plan before the end of 2012 · PY-3 - Achieve consensus among partners for the field's facility requirement and submit a redevelopment plan for approval · CY-OS/2 - Completion of the dispute resolution process expected by the end of 2012

Half Year Results for six months ended 30 June 2012 Hardy Oil and Gas plc (LSE: HDY), the oil and gas exploration and production company focused in India, reports its Half Year Results for the six months ended 30 June 2012. All financial amounts are stated in US dollars unless otherwise indicated. SUMMARY Operational · D3 - Submitted a revised Declaration of Commerciality proposal for the Dhirubhai 39 and 41 natural gas discoveries · D3 - Awarded a PSDM processing contract for 3D data covering the eastern area of the block · PY-3 - Remained shut-in pending partner consensus on the field's facility requirement and the subsequent approval of a redevelopment plan · D9 - Relinquished the block due to poor hydrocarbon potential of the block Financial · No revenue due to the shut-in of the PY-3 oil field (H1 2011: $7.4 million) · Capital expenditures amounted to $1.2 million, principally on the payment to Government of India for the unfinished work programme for the block D9 (H1 2011: $4.3 million) · Total loss amounted to $7.2 million (H1 2011: loss of $1.1 million) · Cash outflow from operations (before changes in non-cash working capital) $4.4 million (H1 2011: inflow $2.5 million) · Cash and short-term investments at 30 June 2012 amounted to $30.9 million; the Company has no long-term debt

http://www.investegate.co.uk/Article.aspx?id=201208300700070479L

Outlook The longer-term structural trends within temporary power market remain intact. The demand for power solutions - especially in our core geographical markets - is substantial, hence our decision to increase the planned capital investment in our fleet, with a specific focus on natural gas generation, to $290-310 million during the year. We are pleased to report 25MW of new contracts and 83MW of extensions since 30 June 2012. We remain actively engaged in a wide range of opportunities in different technologies across our core geographical markets. The Group expects to deliver on contract opportunities in the second half of 2012 and into 2013, while benefiting from improved operating efficiencies. Looking ahead, we are confident of another successful year of delivery at APR Energy.

Outlook The Group expects to deliver on our commercial pipeline in the second half of 2012 and to build on recent contract wins and existing contract extensions. Our three hubs in Panama, Dubai and Malaysia will provide an important strategic platform for the Group's growth, with Panama and Dubai already driving contract wins and faster installation times. We also expect to see operational efficiencies delivering improved EBITDA and net income performance going forward. APR Energy remains confident in the strong medium- and long-term expansion trends within the temporary power market.

John Campion, Chief Executive Officer, said: APR Energy has continued to make good progress during the first half of 2012. New contracts of 344MW have been awarded in the period ended 30 June 2012 - this compares to 513MW for the whole of 2011. In addition, we have delivered 356MW of contract extensions - a profitable and important cornerstone of the business. This provides us with an order book of 9,082MW-Months as of 30 June 2012 - an increase of 41% since the end of 2011. Since 30 June 2012, we have also gained 25 MW of new contracts and 83 MW of extensions. In addition, we have significantly improved EBITDA margins, reflecting the discipline with which we have taken on new business and improvements in our operational structure and mobilisation technologies. Underlying revenue in the second half of the year will be lower than the first half due to early closure on one Japanese site and contractual project delays, nevertheless, we currently anticipate beating consensus net income. We see 2012 as an important year of investment for the future growth of APR Energy. The longer term key growth drivers of the temporary power business remain strong. With the Hub strategy now largely completed, today we are announcing an expansion in our planned fleet investment to $290-310 million for 2012. The additional expenditure will be focused on our dual-fuel technologies reflecting confidence in the natural gas market for which we feel APR Energy is uniquely positioned.

HIGHLIGHTS · Pro forma revenues of $155.0 million up 162% · Pro forma profits above expectations: o Pro forma EBITDA up 237% to $96.1 million o Pro forma net income up 721% to $46.8 million · Pro forma EBITDA margin up to 62% from 48% · 344MW of new contracts and 356MW of extensions delivered in the period · Successful opening of Panama and Dubai Hubs; Malaysian Hub on schedule for September · New fleet investment of $290-310 million planned based on improved outlook for natural gas opportunities · 25MW of new contracts and 83MW of extensions since 30 June 2012

http://www.investegate.co.uk/Article.aspx?id=201208300700090507L