Member Info for mulledwine

Martin Bralsford, Chairman, commented: "The record performance of the Group last year and a positive start to this, with our order book at record levels, is the result of a combination of the strong market for rare collectibles and the achievements of our management in execution of our strategy. There is evidence of a substantial shift in clients' behaviour away from traditional dealing and mail order to the internet and auction channels. Consequently, we have invested more Group resources in these services. We have begun to see the results of these investments, with our websites generating one-eighth of Group revenues in 2011 and the recent procurement of a first major collection for our auction business. The forthcoming year will see greater returns from our online strategy as it progressively becomes our primary sales channel for non-investment grade items. We expect our long term growth in our traditional business to be driven by an online and auction based model. Our international development through the opening of overseas offices complements this strategy. They provide a key geographical presence to promote awareness of our online services and also unique investment grade items in collectibles and auction services. We have adequate cash reserves available to finance growth opportunities, and are reviewing a number of potential acquisitions which would strengthen and complement our overall service capability. At the same time we will maintain our progressive dividend policy. Your Board remains very positive about the future of your business based on the underlying strength of the collectibles market, our brand and the expected returns from the execution of our strategy".

Key Operational Highlights · Increase in online revenue following redesign of core website, www.stanleygibbons.com, at the end of May with conversion rates doubling over past six months · Increase in sales to investors and high net worth clients, benefitting from effectiveness of marketing campaigns and diversification into different collectible asset classes · Development of trading relationships and sales into the Chinese Market · Strong contribution from client recruitment in Jersey, Channel Islands, and Hong Kong investment offices · Strengthened the auction division, with the appointment of Richard Watkins as "Head of Auctions" in May 2011, and recently secured a major British Commonwealth stamp collection, "The Arnhold Collection", with an auction estimate in excess of £1m. The sale will be held over two auctions in May and September 2012 Outlook · Focus on developing the online strategy as the internet and other forms of electronic communication will become our primary sales channel · Review strategic opportunities to progress this strategy with the aim of accelerating and maximising returns from an online trading platform · International expansion provides a leverage opportunity for our brand and sales. During 2012, potentially open new satellite investment offices, which are relatively low risk and similar to a "franchise model", whilst progressing identified opportunities in the US · Benefit from the sale of commemorative collectibles in relation to the celebration of the Queen's Diamond Jubilee together with the substantial interest expected both in the UK and overseas for collectibles produced specifically to mark the London Olympics 2012 · Aim to launch a rare stamp fund in the collectibles market, subject to regulatory approval

The Stanley Gibbons Group plc, whose principal businesses comprise Stanley Gibbons, Fraser's Autographs and Benham First Day Covers, today announced its audited results for the year ended 31 December 2011. Key Financial Highlights · Sales of £35.7m (2010: £26.4m) up 35% · Online sales of £4.3m (2010: £2.5m) up 72% · Statutory profit before tax of £5.1m (2010: £4.3m) up 19% · Adjusted profit before tax, before exceptional charges, of £5.2m (2010: £4.5m) up 17% · Earnings per share of 18.5p (2010: 15.2p) up 22% · Adjusted earnings per share of 18.9p (2010: 15.7p) up 20% · Proposed final dividend of 3.5p per share (2010: 3.25p per share), up 8%, giving a total dividend for the year of 6p (2010: 5.5p) up 9% · Cash generated from operating activities in year of £4.1m (2010: £2.2m). Cash funds at 31 December 2011 of £3.2m (2010: £1.8m) · Stock levels at 31 December 2011 stated at historic cost of £16.8m (2010: £14.8m), representing 280 days stock held (2010: 363 days), a reduction of 23%

http://www.investegate.co.uk/Article.aspx?id=201203230700148975Z

Westhouse Securities initiates strong buy on Global Energy Development, target price 311p.

22/03/2012 - SUMMARY Shares in SkyePharma rose despite the drug development firm reporting a fall in revenue and a plunge into the red for the year ended December 31st. The firm recorded a pre-tax loss of £1.6m in 2011, down from a profit of £6.3m the year before, on revenues which fell from £58.1m to £55.2m. Peter Grant, Chief Executive Officer, said: "The group made significant progress on the delivery of its strategy during 2011. As anticipated, revenues and operating profits were lower than 2010, due to substantial non-recurring revenues in 2010, but profitability remained in line with the board's expectations. "This year will be pivotal for SkyePharma - our key goals are to obtain the marketing authorisation and launch of Flutiform™ in Europe, potential filing of Flutiform in Japan and reach agreements to reorganise the group's finances to align repayment obligations with the group's cash generative potential." Revenues for the current year are set to benefit from milestones of €8m (£6.7m) if Flutiform is approved and launched in initial markets in Europe.

Investec upgrades Laird from hold to buy, target price raised from 130p to 225p.

Canaccord Genuity initiates buy on Tribal Group, target price 85p.

Three of the founders of Brooks Macdonald, an AIM-50 wealth management group, have sold a total of 385,000 shares for 1,275p, but insisted they remain 'fully committed' to the company. Chris Macdonald, the Chief Executive, reduced his stake by 150,000 shares, Richard Spencer by 130,000 and Jonathan Gumpel by 105,000. Christopher Knight, Chairman, said: "They have sold down their stakes for personal investment diversification reasons. The disposal has the benefit of improving liquidity in the company's shares. Retaining approximately 20.4% of the company's shares in aggregate, the directors are fully committed to the company and their interests remain wholly aligned with those of all shareholders."

22/03/2012 FFastfill, the software and services provider to the global financial community, announced a partnering deal with New York Portfolio Clearing (NYPC) to provide technology, hosting and support for the company's NYPC PRIME Portfolio Risk Interactive Margin Estimator. FFastFill will help to deliver the NYPC VAR (value-at-risk) calculator for margin savings which clearing members will be able to achieve for proprietary interest rate futures cleared at NYPC. This follows on from news last week of a new contract win for the supply of its trade execution and management suite, Trading Pro, to be deployed within RJ O'Brien & Associates operations in Europe and the US.

Surely worthy of a lift in SP today

Uranium Resources Managing Director, Alex Gostevskikh, said, "During the period under review, Uranium Resources has made remarkable progress. Our exploration model for Mtonya, which was tested by drilling deep holes in 2010, led to the discovery of roll-front uranium mineralisation in 2011. In 2012, we are taking Mtonya to a new stage by launching a transformative 20,000 m drilling programme."

Uranium Resources Plc ('Uranium Resources' or 'the Company') Half-Year Results Uranium Resources Plc, the AIM listed uranium exploration and development company operating in Tanzania, announces its results for the six month period ended 31 December 2011. Highlights · Discovery of stacked mineralised roll-fronts at depth in multiple drillholes · Internal studies indicate the ore at the Mtonya project (Mtonya) is amenable to in-situ recovery · The roll-fronts are interpreted to have up to 10km of strike length · A 20,000 m drilling programme is planned for 2012 · Fieldwork confirms Gundua's potential for Rare Earth Elements (REE) · Company continues building a pipeline of quality exploration projects in Tanzania

http://www.investegate.co.uk/Article.aspx?id=201203230700189221Z

Stephen Wildridge, CEO of Animalcare Group plc, said: "The continued growth of our licensed veterinary medicines portfolio is an important aspect of our growth strategy. As we announced at our recent Interim Results, the trading in our core business is driven by new product introductions through the year and the news that the development of Project Quattro is advancing as planned is further testament to the delivery of our strategy."

Marketing Authorisation for Project Quattro Animalcare Group plc (AIM: ANCR), a leading supplier of veterinary medicines, announces that Project Quattro, a product from Animalcare's development pipeline, has received Marketing Authorisation from the Veterinary Medicines Directorate. Receipt of Marketing Authorisation is a prerequisite for placing a new veterinary medicinal product on the market, after routine approvals for product packaging, allowing Animalcare to make final preparations for a full commercial launch. For commercial reasons the full details of Project Quattro will be given at launch, with first sales expected to take place by the end of the current financial year (30 June 2012).

http://www.investegate.co.uk/Article.aspx?id=201203230700149005Z

Citigroup downgrades Gem Diamonds from buy to sell, target price raised from 261p to 283p

Societe Generale downgrades Derwent London from hold to sell, target price 1660p

Dr Paul Watson, chief executive of NHS Suffolk, said: "We have been determined to find the very best organisation to manage these community services in the future, to provide benefit and opportunity to our patients and staff. Serco has been carefully selected and has provided us with a detailed proposal, giving rigorous evidence of its experience as a service provider and its vision and innovative plans for further improving our community services." Christopher Hyman, Chief Executive of Serco Group, said: "We are delighted to have been chosen by NHS Suffolk to deliver these vital services. By bringing together best in class partners, we believe that we have created an integrated model of service delivery that empowers clinicians, puts the patient at the heart of the service and will make community health in Suffolk a truly exemplary service. This contract adds to our portfolio of services in the rapidly growing global health sector. We look forward to continuing our international track record for improving services for patients and other end users and delivering efficiencies for our customers."