Member Info for mulledwine

http://www.investegate.co.uk/Article.aspx?id=201208070700074284J

Valuation: Discount above long-term averages The discount based on the fair value NAV, currently at 16.1%, is above its three- and five-year averages of 11.5% and 11.3% respectively. BUT offers the third-highest yield when compared to its peers

http://www.edisoninvestmentresearch.co.uk/researchreports/BUT070812review.pdf

Valuation: Share price to continue performing The Walker Greenbank share price has continued to perform well in recent weeks, consolidating the sharp rise seen earlier in 2012. Nevertheless, the prospective rating for the current year (we are not changing our estimates) is below that of each of the comparators shown in our recent reports, despite the impressive record strong balance sheet.

http://www.edisoninvestmentresearch.co.uk/researchreports/wgb070812update.pdf

Vertu Motors Buy 06-Aug-12 £28,250.00 David Malcolm Forbes 100,000 @ 28.25p

Renold Buy 06-Aug-12 £15,539.95 Brian Tenner 67,565 @ 23.00p

Renold Buy 06-Aug-12 £24,420.02 Robert Davies 106,174 @ 23.00p

Experian non-Executive Director, David Tyler, who is also the Chairman of both Sainsbury and Logica, has ditched 40,000 shares in the FTSE 100 financial data company. Tyler's sale, which saw him pocket £388,236 by selling the shares at 970.59p each, comes less than a month after the company posted a 14% rise in second quarter revenue. Earnings were pushed higher by activities in Latin America, although the firm continues to feel somewhat edgy about its prospects in the Eurozone.

CONT As noted in our AGM statement, we have seen the first significant growth since 2008 in the US where brands sales in the half year were up 22 per cent in reportable currency and up 18 per cent at constant currency. Other international highlights include the Far East, where brand sales were up 13 per cent, and Russia, up 10 per cent. In February this year we launched Scion, a new, contemporary brand. Initial sales of Scion are encouragingly ahead of our internal projections. More recently we launched Sanderson Home, a keenly priced Sanderson brand offshoot. Initial sales of Sanderson Home's launch collection, Maycott, have also been very encouraging. The Board remains confident of meeting market expectations for the full year. Walker Greenbank intends to issue its half year results in early October.

Half Year Trading Update Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group whose brands include Sanderson, Morris & Co., Harlequin, Zoffany and Scion, is pleased to announce its pre-close trading update ahead of its results for the half year ended 31 July 2012. The Board is pleased to report another successful trading period and anticipates that profit before tax for the half year will be in line with internal projections. Total brand sales have grown 4 per cent in the first half compared with the same period last year, and we have seen a strong performance from our manufacturing operations. The positive performance overall is particularly pleasing against the backdrop of well-documented issues in the Eurozone. In the UK, brand sales have grown 6 per cent during the half year whilst in Western Europe they have decreased 12 per cent in reportable currency and 6 per cent at constant currency.

http://www.investegate.co.uk/Article.aspx?id=201208070700044204J

JKX Chief Executive, Dr Paul Davies, commented: "We are very pleased to have placed these series of contracts with an industry leader and look forward to the successful completion of one of the largest frac operations in the region." JKX Oil & Gas plc is an exploration and production company listed on the London Stock Exchange. The Company has licence interests in Ukraine, Russia, Hungary, Slovakia and Bulgaria.

JKX OIL & GAS plc ("JKX") ANNOUNCES AWARD OF MULTI-STAGE FRACTURE STIMULATION CONTRACT JKX Oil & Gas plc ("JKX") is pleased to announce the award of contracts between its wholly owned subsidiary, Poltava Petroleum Company ("PPC"), and Schlumberger to perform fracture stimulation ("frac") operations on well-R103 in the Rudenkovskoye licence, Poltava, Ukraine. Well R103 was drilled in 2010 to a total measured depth of 4,589m including a sub-horizontal component of 1,000m in a low permeability gas bearing Devonian sandstone unit. Detailed geological and engineering studies have concluded that the well will benefit from a multi-stage fracture treatment. In 2011, Schlumberger won a competitive bid to design the R103 multi-stage frac. Following a further tender process, additional contracts have now been signed with several other Schlumberger divisions to source the chemicals, materials, equipment and services necessary to perform a 9-stage frac operation. Pre-frac preparations on the well, which include the replacement of the liner, are well advanced, with the injectivity test scheduled to be completed in the third quarter of 2012. It has been agreed to perform the bulk of the frac operation in the second quarter of 2013 in recognition of both the complex logistics sourcing and mobilisation of long-lead items into Ukraine and the adverse climatic conditions of the Ukrainian winter.

http://www.investegate.co.uk/Article.aspx?id=201208070700054236J

Posting of Annual Report and Accounts The Company announces that its annual report and accounts for the year ended 31 March 2012 have been published and copies have been posted to shareholders. These are also available on the Company's website, http://www.dartgroup.co.uk For further information, please contact:

YouGov plc ("YouGov" or "the Company") Trading Update YouGov has delivered a solid trading performance for the year ended 31 July 2012. It is anticipated that operating profit will be in line with expectations with second half revenue similar to that achieved in the first half, reflecting the focus on profitability in the German business and the expected end to the long-term contract in Iraq. The Group's balance sheet remains strong with net cash at 31 July 2012 of approximately £ 7 million.

http://www.investegate.co.uk/Article.aspx?id=201208070700054244J

The Group has continued to upgrade its infrastructure with capital expenditure of £198,000 and cash has remained relatively stable at £571,000 (full year 2011: £622,000). Debtors have reduced approximately £375,000 as have trade and other creditors by £298,000, since the year end. Losses per share were 0.10p, compared to earnings per share in the first half of 2011 of 0.21p. As reported during 2011, the loss of P&G as our largest client significantly changed the scale and scope of the business. This can be seen in the reduced revenue and associated costs between 2011 and 2012. Having made the necessary changes without delay, the company made a good start to the current year. The latter part of the period however saw sales decline to unexpectedly low levels. Resources have not been further reduced to compensate in the short term as customer revenue is expected to recover during the second half of the year. Exceptional costs relate to further restructuring and strategy work within the Group. Further capital investment has been made on new flexographic plate making equipment as well as significant scheduled upgrades to data storage and security systems. The Group's cash position is in line with the beginning of the year and as revenue returns to anticipated levels the Group expects to become cash generative. Financing costs have been significantly reduced as the Group has recently renegotiated its working capital facilities for a minimum of a further twelve months.

Operational review Revenues of £3.72m for the first half year (2011: £6.07m) are significantly lower than the equivalent prior period but less so in relation to the latter half of last year (£4.27m). This difference is as a result of the progressive loss of P&G turnover which was £2.38m in the first half of 2011. On an adjusted basis the first six months showed a modest three percent increase in core business revenues. The Group reported an operating loss before exceptional items of £134,000 compared to the equivalent profit of £666,000 in 2011, including a charge of £31,000 for exchange rate losses (2011 gain of £19,000). This reduction in operating profit is mainly a result of £2.4m reduction in sales revenues and a corresponding £1.5m reduction in operating expenses. The operating loss before depreciation and amortisation was £11,000 compared to a profit of £987,000 in 2011. After finance costs of £31,000 (2011: £68,000) the pre-tax loss was £280,000 (2011: profit £598,000) and, due to previous losses, no tax is payable. The loss at EBITDA level has improved to £11,000 compared to the second half of 2011 (EBITDA loss of £596,000), mainly as a result of reducing the cost structure of the Group, £317,000 lower exceptional costs and a nil charge for share based payments.