Member Info for mulledwine

TRADING UPDATE LPA Group Plc ("LPA" or the "Group"), the LED lighting and electro-mechanical system manufacturer and distributor, announces a stronger than expected third quarter and a very strong start to the final quarter of its financial year to 30th September 2012, with the result that expectations for the current financial year as a whole are likely to be significantly exceeded. The Group expects these improved trading conditions to continue in to next financial year. Shareholders were reminded in the Interim Statement that the Group enjoys high operational gearing. The order book for delivery in the current year was already very sound but the additional orders for Airport equipment and Rail Passenger vehicle upgrade, received and announced in June with the Interim Statement, have already been brought in to production and partially delivered, which has resulted in the excellent current trading conditions. The Group continues to exercise good control over working capital and to operate well within its agreed banking facilities.

http://www.investegate.co.uk/Article.aspx?id=201208210700084134K

and Balver too for that matter

Wilks8 - yes its risky but it good be inspired! - certainly Mr Reynolds is backing the current SP

Canaccord Financial Inc. Buy 17-Aug-12 £15,217.94 Paul Reynolds 5,000 @ 304.36p

Victoria Buy 17-Aug-12 £25,500.00 Roger Hoyle 10,000 @ 255.00p

Mark Adorian, a Non-Executive Director of StatPro, has purchased 100,000 ordinary shares in the data solutions provider at 95p each. The £95,000 transaction takes Adorian's total holding to just over 2.6m shares, equal to 4.31% of the issued share capital. At the start of this month StatPro revealed its profit before tax had declined by a fifth in the six months to the end of June following an exceptional charge as part of its restructuring during the period.

A multimillion-pound deal to create Britain’s biggest chain of casinos was hanging by a thread last night after the Office of Fair Trading unexpectedly referred the merger to the Competition Commission. The regulator said that it was concerned that the proposed acquisition by Rank Group of Gala Casinos would “substantially reduce competition in the casino sector” and could “result in a worse deal for consumers”. Rank, which had announced the deal in May, said that it was “considering the implications of this decision”, adding: “A further announcement will be made in due course.” Carl Leaver, the chief executive of Gala Coral Group, which also owns betting shops and bingo clubs, said that he was “surprised” by the decision. “Once we get the full report, we will sit down with our legal advisors and decide on the next step,” he said, according to The Times.

Not so sure I would agree with questor on this one.

The Telegraph’s Questor column has long been an advocate of Petra Diamonds, arguing that with world supplies of diamonds tight this player was a big buy. The column made the stock a tip of the year for 2012, they have since fallen 11% - mainly on fears of a production cuts. The stock trades at 10.3 times 2013 earnings, Questor continues to say buy.

Tempus also continues to bang the drum for NCC Group, the cyber security consultants who have made a packet out of helping firms when their computer defences have been breached. NCC is deal hungry and the shares have risen 30% in the last 12 months (during which Tempus tipped them). The column believes there is more growth to come from mobile security applications. Buy.

In the Times, Tempus is cautious on rapidly rising insurance firm Amlin. It has made a dramatic recovery after suffering severe losses last year related to the Japanese earthquake and tsunami, in addition to floods in Thailand. This year the combined ratio which measures premiums received against claims made stands at a healthy 84% against 122% last year. The trouble is, the recovery has been priced in already, with the shares up 24% this year. Tempus isn’t convinced they have much further to go so can only recommend a hold.

Share price has had a good run since £4 in June - the charts show how volatile she can be - large peaks and troughs - she may well be at the top of another peak and ready for a drop - 520 is as high as she has been for 3 years.

Panmure Gordon has upgraded its full-year forecasts for Bovis Homes after the house-builder's interim results came in ahead of expectations.

MALTMAN - I know what you mean - I dont think many are experts - they follow the trends at the time rather projecting too much which way a share will move

With earnings at Eurasian Natural Resources Corp (ENRC) expected to weaken, Credit Suisse has lowered its recommendation for the stock from 'outperform' to 'neutral' and reduced its target price from 500p to 450p. The broker sees two key risks: "1) earnings are likely to weaken substantially over the next 12 months (we think consensus is 50%+ too high next year); 2) an equity raise cannot be ruled out and we expect investors to remain on the side-lines pending clarity on the restructuring path."

Jefferies has downgraded its rating for engineering giant IMI from 'buy' to 'hold' ahead of the group's first-half results on Thursday. "Ahead of these results, we lower FY12F & FY13F earnings per share (EPS) by 4% and 2% (cutting underlying assumptions and updating forcurrency) and fear that consensus is too high still. The market may be favouring the cyclicals for now, but we prefer to revisit lower down."

Immediate report on a material private offering and a non- material private offering of the Company's securities as set forth in the Securities Law, 1969 (the "Law" or the "Securities Law"), the Securities Regulations (Private Offering of Securities in a Listed Company), 2000 (the "Regulations" or the "Private Offering Regulations") and the Companies Law, 1999 (the "Companies Law"), an immediate report as set forth in the Securities Regulations (Periodic and Immediate Reports), 1970 and an outline as set forth in the Securities Regulations (Details of an Outline of an Offer of Securities of Employees), 2000 (the "Outline Regulations") is hereby submitted for the offering of Options to Mr. Ori Yehudai, who serves as the President and Chief Executive Officer of the Company (the "President") and to 10 additional employees and officeholders in the Company and in the Company's related companies, as set forth in section 15B to the Securities Law and the Outline Regulations, in the Private Offering Regulations and the Securities Regulations (Periodic and Immediate Reports), 1970 (the "Reports Regulations"). are offered hereby 945,000 options unregistered for trade (the "Options ") to Mr. Ori Yehudai who serves as the President and the Chief Executive Officer of the Company (the "President") and 10 additional employees and officeholders in the Company and in its related companies (jointly "Offeree(s)") out of which 275,000 Options to the President and 270,000 to five other officeholders in the Company, and an additional amount of up to 200,000 Options will be granted in future to employees and/or officeholders in the Company and/or of the Company's related companies (the "Options for Future Granting" and the "Future Offerees", respectively), who are not and will not be interested parties in the Company as the term is defined in the Securities Law ("Interested Parties") (except for the President who is an Interested Party in the Company by virtue of his office), and who are not and will not be "Interested Parties" as the term is defined in section 270(5) to the Companies Law 1999 (the "Companies Law"). The Options are exercisable to 945,000 registered ordinary Company shares of NIS 1.00 par value each (the "Shares" or "Underlying Shares"), subject to the adjustments as detailed in the Plan (as defined below). Assuming that all the Options will be exercised into Shares, the shares will comprise approximately 1.61% of the Company's issued and paid up share capital and approximately 1.63% of the voting rights therein on the grant date (following the grant) and approximately 1.57% of the Company's issued and paid up share capital and the voting rights therein on a fully diluted basis, as detailed in Section 1.1 below.

http://www.investegate.co.uk/Article.aspx?id=201208210700034123K

Share Placement Latin Resources Limited ('Latin' or 'the Company') is seeking to raise up to $2,000,000 and will accept oversubscriptions of up to $1,000,000 through the issue of fully paid ordinary shares at an issue price of A$0.28 (Placement). The Company is pleased to announce that it has received applications for the Placement of 7,157,809 shares at $0.28 per share to raise $2,004,186.52. The applications have been received from investors entitled to receive offers pursuant to Section 708 of the Corporations Act. No related parties or associates of related parties of the Company participated in the Placement. The Company expects to be able to announce final applications and completion of the Placement by the end of August 2012. The funds raised from the Placement will be used to progress the Company's projects in Peru and for working capital purposes.