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John McArthur, Chief Executive Officer commented "The past year has been significant for Tracsis and we have achieved both substantial organic growth plus growth in the businesses the Group has acquired. Looking ahead, we are confident that we will maintain and extend our position within the transport technology space and we welcome recent announcements made by both UK government and key clients regarding their continued investment into the transport sector at large."

Pre Close Statement Tracsis, the developer and aggregator of resource optimisation, data capture and reporting technologies to the transport industries is pleased to update the market on trading for the full financial year to 31 July 2012, and also expectations for 2013. In its trading update on 26 June 2012, the Group announced that forecast year-end revenues would be in excess of £8.5m (2011: £4.1m), with Adjusted EBITDA in excess of £3.0m (2011: £1.2m). The Group confirms that the year end results are expected to be in line with current analyst expectations. The Group's cash position at the end of July was c. £7.5m. The business remains debt free. After completion of the annual budget process for the year ending 31 July 2013, the Directors are confident of achieving further organic growth given the strength of the current sales pipeline, at both a revenue and operating profit level, albeit at a slower rate than that experienced in the financial year to 31 July 2012 unless new acquisitions are made. Growth by acquisition is a pivotal part of the Group's growth strategy. Whilst it has appraised numerous potential opportunities in the past year, none have met the strict criteria to pursue further although the pipeline of prospects remains strong. The Group's full year results will be announced on or around Tuesday 30 October 2012.

http://www.investegate.co.uk/Article.aspx?id=201208090700116253J

Outlook We have seen encouraging levels of demand in some of our markets producing a very good first half performance for the Group as a whole. There is greater evidence of the momentum experienced over the last twelve months, particularly in the USA and Asia, continuing throughout 2012. However, as previously reported there is reduced activity in the UK due to the Olympics, with new road projects not commencing until the final quarter of 2012. Furthermore, we remain cautious about the level of economic uncertainty within Europe. Accordingly, whilst our first half performance has been encouraging, the outlook for the full year's performance remains unchanged. We remain confident of further growth in the medium to long term, given the international diversity of our revenue stream and our excellent market positions.

Derek Muir, Chief Executive, said: "This has been a very encouraging six months for Hill & Smith, with our international spread, strong market positions and diverse portfolio of products and services serving us well in markets with mixed conditions. The end result was a performance ahead of our previous expectations. However, as previously reported there is reduced activity in the UK due to the Olympics, with new road projects not commencing until the final quarter of 2012. Furthermore we remain cautious about the level of economic uncertainty within Europe. Accordingly, whilst our first half performance has been encouraging, the outlook for the full year's performance remains unchanged."

Key points: · Group performance ahead of expectations · Strong organic growth from Infrastructure Products, particularly in Utilities, with underlying operating profit up 41% · Robust overall performance from Galvanizing Services, particularly in the USA, with underlying operating profit up 12% · Over 73% of operating profit now generated from international operations · Net debt decreased to £89.1m (31 December 2011: £103.8m) as a result of strong cash generation during the period · Underlying earnings per share up by 31% · Half year dividend increased by 7% to 5.8p per share

http://www.investegate.co.uk/Article.aspx?id=201208090700126358J

"Fiscal 2012 was a record year for production, EBITDA, net income and reserves," Energy XXI Chairman and CEO John Schiller said. "Our successful oil-focused development program drove these results, with the primary goal of generating substantial free cash flow to bolster the balance sheet. Even with this low-risk approach, without the contribution of a single exploration well, we were able to replace nearly 120 percent of production and grow reserves 3 percent. For fiscal 2013, we remain focused on growing oil production through the exploitation and development of our core assets while deploying 15 percent of our capital to exploration in the shallow waters of the Gulf of Mexico."

HOUSTON - Aug. 8, 2012 - Energy XXI (NASDAQ: EXXI) (AIM: EXXI) today announced fiscal fourth-quarter and full-year financial and operating results for the period ended June 30, 2012, and provided an operational update. For the 2012 fiscal fourth quarter, adjusted earnings before interest, taxes, depreciation, depletion and amortization (adjusted EBITDA) was a $223.1 million on revenues of $341.9 million, as volumes reached a record quarterly average of 47,600 barrels of oil equivalent per day (BOE/d), 68 percent of which was oil. These results compare with 2011 fiscal fourth-quarter adjusted EBITDA of $165.9 million on revenues of $282.8 million and volumes of 42,100 BOE/d, up 34 percent, 21 percent and 13 percent, respectively. Net income available for common shareholders in the 2012 fiscal fourth quarter totaled $78.3 million, or $0.93 per diluted share, compared with fiscal 2011 fourth-quarter net income available for common shareholders, excluding special items, of $26.8 million, or $0.36 per diluted share. For the full fiscal year ended June 30, 2012, adjusted EBITDA reached a record $850.7 million, up 69 percent from the $504.5 million generated in fiscal 2011. Fiscal 2012 net income available for common shareholders was $316.7 million, or $3.85 per diluted share, on revenues of $1.3 billion and production of 44,100 BOE/d. These results compare with net income available for common shareholders for fiscal 2011 of $27.7 million, or $0.42 per diluted share, on revenues of $859.4 million and production of 34,600 BOE/d.

Energy XXI Reports Audited Fiscal Year-end Results And Provides Operational Update · Fiscal 2012 EBITDA rises 69% to a record $851 million · Production Increases 27% for the year · Net debt to capitalization reduced to 39% · Proved reserves climb to 120 MMBOE, 71% liquids

http://www.investegate.co.uk/Article.aspx?id=201208090700136377J

Gross Profit Gross Profit Margin of 35.4% was below the 38.2% achieved in 2011 (36.2% in 2011 on a constant currency basis), impacted by the weaker Euro when compared to the US dollar as most product costs are in US dollars and approximately 45% of the Group's revenues are in Euro. In addition to this, the change in mix of products also contributed to lower margins. The lower gross margin percentage achieved resulted in lower gross profit of £28.4m (2011: £31.1m reported, £28.9m on a constant currency basis).

Outlook The Motorola Solutions Inc. (Motorola Solutions) offer to acquire Psion is expected to complete in the fourth quarter of 2012. From a product perspective, Psion shipped 8.4% more units than in the same period last year and the Group's new product lines, Omnii and EP10, have continued to gain traction in the first half and are expected to continue to grow as customers increasingly embrace the technology protection and flexibility inherent in these product families. Further product releases based on the Omnii modular platform are expected in the coming year to refresh other elements of the product portfolio. The Group's operating costs have been substantially reduced following the restructuring programme completed in the first half, enabling the Group to weather uncertain conditions in European and other economies and the weakening of the Euro in what will be a challenging second half.

HIGHLIGHTS · Completed restructuring plan in first half to reduce cost base by £6m annually with £4m benefit in 2012. Cost of restructuring of £3.6m in H1 2012 · Revenue flat in constant currency terms reflects continued tough trading conditions in the period · Euro currency weakness (compared with prior period) impacted revenue translation and gross margin achieved · Motorola Solutions Inc. recommended offer to acquire entire share capital of Psion PLC for 88p per share in cash announced 15 June 2012. Offer expected to complete in fourth quarter subject to regulatory approvals having been obtained

http://www.investegate.co.uk/Article.aspx?id=201208090700136369J

Commenting, David Marock, Group Chief Executive, Charles Taylor plc said: "This strategic move will give Charles Taylor a loss adjusting presence in Saudi Arabia for the first time and complements our existing multi-line loss adjusting offices in Dubai and Doha. Charles Taylor Adjusting is a leading international loss adjusting business and we have set out our strategy to expand our office network into new territories and regions where there is a demand from global and local insurance markets. We see significant growth opportunities across the Middle East and this move provides us with a full adjusting licence in Saudi Arabia, together with an established operation and a book of local business."

Charles Taylor plc Acquisition of Noble Inspection and Loss Adjustment Company Charles Taylor plc (LSE: CTR), a leading international provider of professional services to clients in the global insurance market, announces that it has entered into an agreement to acquire 60% of the issued share capital of Noble Inspection and Loss Adjustment Company ("NILACO") in Saudi Arabia. The Acquisition is part of Charles Taylor's strategy to expand its loss adjusting office network into territories and regions where there is a demand from global and local insurance markets. The Acquisition of NILACO, a licensed loss adjusting company based in Saudi Arabia, provides Charles Taylor Adjusting with a loss adjusting presence in Riyadh and Jeddah and builds on the Group's existing capabilities in the United Arab Emirates and Qatar. The value of the initial consideration is USD 163,000 in cash plus deferred cash consideration of up to USD 68,000, payable in two parts on 31 December 2014 and 2015. Additionally, under the terms of the agreement, the vendor is required to subscribe for USD 43,000 of Charles Taylor shares on or around completion of the Acquisition. The number of shares for which the vendor will subscribe will be determined by a price equivalent to the closing price as recorded on the Daily Official List of the London Stock Exchange on the day before the Shares are allotted by CT plc. The Acquisition remains subject to certain conditions including, inter alia, receipt of approvals from certain regulatory agencies and governmental authorities.

http://www.investegate.co.uk/Article.aspx?id=201208090700116342J

SPOT - SP is currently around 39 so it has made up the bulk of Tuesdays drop - not sure if she will hold that. I could not buy on Tuesday but I will be watching for any dips from here. As you say - one to have when economies are back on track

Outlook Our portfolio continues to demonstrate resilience. This has resulted in sales at good margins, and we expect this robust performance to continue. Our UK residential portfolio shows strong sales volumes above vacant possession value and our German business provides predictable rental income. In addition we believe further value can be generated through offering our platform, core skills and competencies to third parties, thereby generating additional fee income to the Group.