Member Info for mulledwine

FINANCIAL POSITION The Company maintains a strong balance sheet with gross debt of $104m and cash on the balance sheet of $34m resulting in net debt as of 30 June 2012 of $70m. OPERATIONS The successful execution of the Hub strategy during 2012 is an important foundation for the further development of the Company. The opening of the Dubai hub in Q1 has been instrumental in facilitating important contract wins of over 200MW in a strategically important region. We plan to open our third hub in Malaysia during the third quarter. The accelerated installation and operation of the 120MW power facility in Cyprus in June is another notable success for the Company. Using our latest enhancements in plant design, deployment and logistics, we were able to have the plant operational within 20 days of equipment arrival - ahead of the contracted schedule.

Half Year Trading Update · Revenue growth of 162% over 1H 2011 · 344 MW new contracts and 356 MW extensions delivered · Successful opening of Panama and Dubai Hubs · Malaysian Hub on schedule for Q3 APR Energy plc (LSE:APR), a global leader in temporary power solutions, today issues a trading update for the first half of fiscal year 2012. Interim Results for the six months will be announced on 30 August 2012. TRADING Group revenues totalled $155 million for the six month period ending 30 June 2012, up 162% over the prior year on a pro-forma basis. As previously announced during that period the Company achieved new contract wins of 344MW with 356MW of contract extensions. As at 30 June 2012, total fleet capacity was 1052 MW (December 2011: 900 MW) with order backlog of over 9,000 MW-Months - an increase of 39% from the end of Q1 2012 and an increase of 41% from the end of 2011. APR Energy has continued to make progress in all areas during 2012. During the first half adjusted EBITDA margins have been strong and in line with historical levels.

http://www.investegate.co.uk/Article.aspx?id=201207240700083104I

Toby Courtauld, Chief Executive, said, "Against a backdrop of global economic turbulence and increased central bank monetary stimulus, a significant quantity of capital from around the world continues to flow into the central London property market, resulting in yields reducing in the quarter for prime West End assets. With resilient tenant demand, minimal vacancy of Grade A space and constrained development supply, we expect further rental growth, particularly at our well-located, high quality buildings. Following our recent off-market, accretive purchases, we will continue to capitalise on strong investor demand to crystallise surpluses on some of our mature assets, recycling the capital into our significant development pipeline. With numerous opportunities to exploit across our well-located portfolio and our strong financial position, we expect to deliver further attractive returns to our shareholders."

Key points from the quarter1: · Portfolio valuation2 up 3.1%, 5.2% and 8.2% over 3, 6 and 12 months respectively · Rental value growth2 of 0.9% (1.3% West End offices, 0.4% West End retail) · EPRA NAV3 per share of 417 pence at 30 June 2012 up 3.5%, 8.0% and 11.2% over 3, 6 and 12 months respectively · EPRA NNNAV3 per share of 413 pence at 30 June 2012 up 4.6%, 8.1% and 9.8% over 3, 6 and 12 months respectively · Purchases totalling £159.0 million since 31 March 2012, all in the West End, including the acquisition of The Jermyn Street Estate, SW1 announced on 23 July 2012 · Disposals of £140.5 million (our share: £80.5 million) since 31 March 2012 · A further £261 million (our share: £190 million) of properties in the market to sell, of which more than £187 million are currently under offer · Five committed development schemes (651,100 sq ft) on site, expected profit on cost of 41%. Completions from autumn 2012 to spring 2014 · Major development potential increased to 17 uncommitted schemes, covering 2.7 million sq ft, all with flexible start dates. 3.4 million sq ft total development programme covering 55% of existing portfolio · 15 new leases signed generating £1.4 million p.a. (our share: £1.3 million p.a.); market lettings at 5.6% ahead of March 2012 rental values · EPRA vacancy level reduced to 2.7% (31 March 2012: 3.3%) · Gearing remains conservative at 45.5%, loan to property value of 35.1%, weighted average interest rate low at 4.1%, significant cash and undrawn facilities of £370 million · New £80.0 million (our share: £40.0 million) ten year, fixed rate non-recourse debt facility (in the Great Victoria Partnership) completed on 17 July 2012

http://www.investegate.co.uk/Article.aspx?id=201207240700103130I

CONT Based on the results from the substantial exploration programme in 2011, the Company has delineated a combined JORC compliant resource of more than 3.0 Moz (94% Measured +Indicated) from surface extending down 250 metres. The current 2012 exploration programme is focused on the deep horizon drilling from 250 to 450 metres from surface at the Unkurtash prospect. Results from this drilling programme have the potential to substantially improve the current resource base. Year to date, the Company has completed an additional 850 metres of underground exploration development and has commenced an 11,500 metre deep drilling programme. An independent JORC compliant resource update is planned during the second half of 2012 in addition to preparatory work towards the registration of additional reserves with the Kyrgyz GKZ planned for H1 2013. The Company remains committed to unlocking the full potential of the Unkurtash project with the vision of developing a large scale open-pit mineable gold deposit at Unkurtash.

HIGHLAND GOLD RECEIVES MINING LICENCES AT THE UNKURTASH PROJECT IN KYRGYZSTAN 24 July 2012 - Highland Gold Mining Limited ("Highland Gold", or the "Company") announces that it has been awarded mining permits at the Unkurtash and Karatube prospects located in the Company's Unkurtash-Andagul and Kassan licence areas, respectively. This is an important milestone for the Company as the permits provide the rights for exploitation of subsoil gold reserves and the timelines for project research, engineering design and construction commencement.The Company is also continuing its exploration programme on site and aims to further increase the current resource base as it proceeds with project engineering studies to examine the potential of developing a large scale open-pit mining operation. The Unkurtash project hosts four distinct prospects, three of which, Unkurtash, Sarytube and Karatube have been the focus of extensive exploration activities in previous years and are allocated within the Company's two licences Unkurtash-Andagul (12 km²) and Kassan (51 km²). The combined mineralised zone measures approximately 4,000 metres on strike, ranges from 250-500 metres in width and has a known vertical extent of at least 350 metres. Intrusion-hosted stockwork type gold mineralisation characterises the Unkurtash and Sarytube prospects, while the Karatube prospect is associated with skarn-type gold mineralisation. Previous test work has indicated favourable metallurgy and gold recovery levels utilising conventional gravity and cyanidation processing technologies.

http://www.investegate.co.uk/Article.aspx?id=201207240700063030I

Apologies - this is the 'missing' last paragraph from the first 08.11 post "Given the strong performance for the year to 30 June 2012, improvement in visibility of future revenues and the significant investment in operations and maintenance the Directors believe that a robust platform for future growth is now in place. The Board continues to see substantial organic growth opportunities in our markets and with our strong brand and existing platform we will continue to expand our geographical reach by opening bases in new jurisdictions. The Board looks forward with great confidence."

The 5 year chart is basically a one way drop - where is the bottom - I have been tempted along the way but Im glad I didnt press the button - I may yet though.

Dustin Dryden, Chief Executive of Hangar8 commented: "I am delighted with the progress of the business over the last twelve months. Our financial performance has been strong, but importantly as we have grown we have continued to invest heavily in our infrastructure creating a strong platform from which to offer management services in fast growing parts of the world where currently no supply exists."

Trading Update Hangar8 (AIM: HGR8), one of the world's largest operators of privately owned passenger jet aircraft, today announces a trading update for the 12 months ended 30 June 2012. The Board of Hangar8 is delighted to announce another strong year in the development of the business. Turnover for the year is expected to be approximately £20 million, an increase of 10 per cent on the prior year on a like for like basis, and the Company expects to report profit for the year in line with market expectations. Cash balances at the period end were £1.1 million and the Company has no debt. In addition to achieving its targeted profit growth, the Board has also been able to allocate significant financial resources to invest in the future of the business through enhancing its operating and maintenance capabilities. During the year Hangar8 has made significant investment in its operating capabilities by opening operating bases in Malta, Kazakhstan, Congo and Nigeria. These bases have considerably enhanced Hangar8's geographic reach, further diversified its operations and have provided Hangar8 with key strategic footholds in developing economic countries; being those countries the board consider to be ideally geographically located to augment Hangar8's increasingly global product and service offering. Whilst market conditions in Europe have remained challenging, Hangar8's geographical diversification has not only insulated the business from economic difficulties in any one market but has also provided a platform for the business to win a number of new lease contracts with large multinational companies, predominately in the natural resources sector. Leveraging off Hangar8's strong European safety standards, training and modern operating practices, Hangar8 has been able to provide these large multinational businesses with the safety and financial security in developing economic counties that they take for granted at home. These contracts also provide stable and recurring income streams and have therefore considerably increased the visibility of future revenues. Hangar8 has also significantly invested in its maintenance capabilities over the period as it opened and then expanded its maintenance facility in Oxford where the business is now able to maintain over twelve different aircraft types for the major business jet manufactures with approvals from the UK, Malta, IOM, Congo, South Africa and Caymans. In addition to Oxford, Hangar8 has also opened new maintenance facilities in Lagos Nigeria, Pointe Noir Congo, Almaty Kazakhstan and is shortly to open in Abuja Nigeria. In many cases Hangar8 is the sole provider of European approved maintenance in these areas. Given the strong performance for the year to 30 June 2012, improvement in visibility of future revenues and the significant investment in operations and maintenance the Directors believe that a robust platform for future growth is now in place. The Board continues to see substant

http://www.investegate.co.uk/Article.aspx?id=201207240700053017I

Tempus is less enthusiastic about gold miner, African Barrick Gold. It has decided to spend a small chunk of its $500m cash pile on a Kenyan asset, the first foray outside of Tanzania. The problem for the firm is that the price of extraction at its current mines is going up while the price of gold is going down. The cost of production in the second quarter was $950 per ounce, up nearly 50% on the prior year and too much for a buy recommendation. Leave for now.

Tempus, in the Times, gives the thumbs up to engineering firm Senior. The group makes most of its money supplying components to the airlines industry. Orders are booming because of the combined 8000 planes Boeing and Airbus must produce in the next six years. The column points out for every Boeing 787 Dreamliner delivered, Senior makes $750,000. The shares stand at just 11 times forecast earnings for this year, Tempus thinks they will go higher.

Darren Shapland, Chief Executive, said: "We continue to be encouraged by the like-for-like sales growth within the UK business. Excluding the expected decrease in sales from the wholesale business3, our core UK retail business would have reported like-for-like sales growth of 5.3%. This reflects, in part, the success of self-help actions such as the development of our bed proposition, extension of our laminate range to more stores and the impact of our store refurbishment programme. We also recognise that, this period does include some benefit from the unusually wet weather, which has produced consistently positive customer footfall to our stores. The gross margin for the period continued to improve in line with our previously announced expectations and we continue to project the full year to be in the range of 200-250 basis points above the prior year. "The key driver in the performance of the Rest of Europe has been the deterioration of consumer confidence producing a weak and volatile floor coverings market in the Netherlands. The Republic of Ireland and Belgium continued to deliver sales growth. "The result for this first quarter is in line with management's expectations and at this early stage, our expectations for the year as a whole remain unchanged."

rim Management Statement Carpetright plc, Europe's leading specialist carpet and floor coverings retailer, today announces a trading update for the 12 weeks ended 21 July 2012. Highlights · UK o Like-for-like sales2 in the UK increased by 1.7%, continuing the positive trend experienced in the second half of the last financial year. Total sales in the UK declined by 2.1% due to the reduction in the number of stores year on year. o Store base decreased by four during the period to 486, of which 63 have now been refurbished. · Rest of Europe o In local currency terms, total sales in the Rest of Europe (Netherlands, Belgium and the Republic of Ireland) decreased by 5.2% with like-for-like sales down 6.3%. After allowing for the movement in exchange rates, this translates to a total sales decline in Europe of 13.6%. o Store base increased by one to 143 and commenced a trial selling beds in one store, in the Netherlands.

http://www.investegate.co.uk/Article.aspx?id=201207240700073069I

CONT "Infrastructure Sensors is performing resiliently. All four subsectors are seeing reduced demand from Europe but good growth in the USA. The reorganisation of our Elevator Safety business is proceeding to plan and will be complete by the end of the first half. "Since the start of the financial year, Halma has announced the completion of three acquisitions for a total initial consideration of £65m. In April 2012, we acquired Accutome Inc., an ophthalmic products business based in Pennsylvania, USA and Sensorex Inc., a water quality sensor manufacturer, based in California, USA. In May 2012, we acquired SunTech Medical Group Limited, a manufacturer of clinical grade blood pressure monitors, headquartered in North Carolina, USA. All three businesses have made a very positive start within our Health and Analysis sector and are trading in line with our expectations. "There have been no material events or transactions impacting the Group's financial position, which remains strong. We continue to increase investment in supporting organic growth and to acquire businesses which meet our strategic and financial criteria. "The half yearly results for the period ending 29 September 2012 are expected to be released on 20 November 2012."