Member Info for mulledwine

Commenting on the financial results for the first half of the year, the Group's Chairman, Datuk Oh Chong Peng stated: The Group's key focus in 2011 is to increase its presence in a very open and fast moving market. This has so far proved successful as we have delivered a significant increase in revenue growth of 68% compared to H1 2010. While our strategy in 2009 and 2010 was one to increase profit margins through vigilant selection of media offerings for our clients in order to counter the prolonged effects of the global economic downturn, the deliberate shift in 2011 to focus on revenue growth has proven highly effective, however, this has lead to the Group's profit margins returning to pre 2009 levels. Importantly the focus on increasing revenue has led to three significant developments: We have seen a rise in advertising budgets from existing clients, we have gained new blue chip clients with internationally renowned brands, and we have witnessed an increased take up of advertising space from conventional media owners. The integration of our resources in Malaysia and China since 2010 has enhanced the service offering to our clients with cross-border media and advertising service offerings between Malaysia and China provides the Group with extra leverage in maintaining its bullish performance for the year 2011. The Group's transaction with PUC Founder MSC Berhad ("Founder"), continues to progress, albeit at slower pace than initially anticipated, due to the underestimation of the due diligence timeframe resulting from the size of both the Group's and Founder's regional operations and subsidiaries in Malaysia and China. We remain positive that Founder will bring many attributes to the enlarged Group; including, additional media network penetration, business affiliations within China, new advertising income, a move into new sectors such as IT manufacturing and services, as well as access to funding within the Asian markets should we require it.

HIGHLIGHTS: · Revenue increased by 68% to RM27.7 million (2010 H1: RM16.4 million) · Gross profit reduced 3% to RM8.7 million (2010 H1: RM9.0 million) · Gross margin normalised to 31.3% (2010 H1: 55%) as the Group refocused on increasing revenue and revised its media broking business model · Profit before tax remained broadly stable at RM4.7 million (2010 H1: RM4.9 million) · Basic earnings per share decreased by 2.8% to 12.87 sen per share (2010 H1 : 13.36 sen per share) · Cash balances available for use at 30 June 2011 stood at RM1.3 million (2010 H1: RM1.5 million) · Net assets increased by 32% to RM43.2 million (2010 H1: RM32.8 million)

http://www.investegate.co.uk/Article.aspx?id=201109260700208945O

http://sharecrazy.com/beta/tip_of_the_month/5900/tip-of-the-month-town-centre-securities

Brooks Macdonald is a fund management and advisory business focused on individual clients. (…) The company originally centred its attention on wealthy clientele with more than £150,000 of liquid assets, but in response to growing demand it broadened its offer to people with considerably less cash. (…) A fortnight ago, the group posted its full-year results to June 30, showing a 37 per cent rise in pre-tax profits to £7.8 million (…) and a 67 per cent increase in the dividend to 15p. Volatile markets have increased savers’ desire for advice and demand for Sipps is growing, both trends that should benefit the firm. The shares were 710p in May last year. Today, they are up 71% at 1215p. Investors who bought last year could sell 30 to 50 per cent of their shares to bank some profits but it would be unwise to sell completely. This company has several years of solid growth ahead, says Midas.

Imperial Tobacco (IMT) - a smoking buy at 2,086p The tobacco industry is widely viewed to be in decline (at least in the West), which suggests that consolidation has a major role to play in generating returns going forward. Imperial Tobacco has long played the ugly duckling to the sector's star performer, British American Tobacco (BATS), but this may be about to change now that the company has resumed its share buyback programme and reinstated a progressive dividend policy. With returns having lagged the wider sector in recent years due to the firm's focus on paying down debt, the shares have suffered a de-rating and currently trade at a significant discount to the wider sector. This appears unwarranted, especially now that Imperial is widely tipped as a takeover candidate in the event of a likely bout of M&A activity. In any event, holders look set to receive compound dividend growth of 13% per annum over the next three years. The earnings multiple for the year to September 2010 is just 11 times on current market consensus forecasts, which looks good value given the long-term earnings growth which the firm has posted. Also, the yield is a decent 4.6%.

WPP (WPP) - buy at 601.5p Recent interims from WPP, the advertising and marketing services company, were good. Turnover in the six months to 30th June was up by 6% to 4.7 billion pounds; earnings increased by 50% to 18.5p and the dividend payout was jacked up a quarter to 746p. In the same period last year, like for like sale revenue was up 8%; this time it was down to a still handsome but smaller 6.1% with a figure of 5% for the year as a whole as predicted by the management. New billings worth £1.2 billion were reported with the advice that one or two were of significant size. Despite all, core advertising and media investment management rose 8.1%. Geographically, emerging growth markets emerged to provide revenue growth of 10% to 1.33 billion pounds (to be compared with 1.99 billion pounds for core advertising and media investment management.) or about a third of group revenue. Even the UK produced a 5.1% increase in turnover to help counterbalance any weakening of sales in the US. Earnings for the year as a whole are estimated at 63.5p with 69p forecast for next year. The dividend yield is estimated at 3.3% for this year and an estimated 3.9% for next year. That puts the shares on forward price to earnings multiples of 9.5 and 8.7 times. At 601.5p good value and a Buy.

pharmer - apologies - I havnt been back to this board - so only just noticed your post - re the techy question - sorry would have to do a bit of digging to try and answer that - as for the results - out today - turnover up, loss reduced but cash also reduced - lets hope the market likes the reduced loss - all depends on the whole market sentiment though , as for all stock just now. There is a lot to read - will have a look at the full picture later. GL

Chris Yewdall, Chief Executive said: "We have delivered strong turnover growth in the first half and generated positive cash from operations. This performance confirms the momentum of the 3D consumer market where we have maintained our market leading position with the addition of more brand name licensees. "Shipments of our TriDef 2D to 3D conversion solutions in the TV, PC and mobile markets have grown dramatically and now exceed 7m units cumulatively, and the Board remains confident that the Group is on track to achieve its growth objectives for the current fiscal year."

Interim results for the six months to 30 June 2011 Los Angeles, California: DDD Group plc (AIM: DDD, "DDD", "the Group"), the 3D solutions company, announces its unaudited consolidated half yearly report for the six months ended 30 June 2011. Highlights As previously stated, the Group has elected to change its accounting policy and present results in U.S. dollars beginning with the first half of 2011. The comparative financial information is included and the 2010 full year amounts have been restated. · Turnover, excluding discontinued businesses, up 140% to $2,316,000 (June 2010: $967,000) · Loss from continuing operations before tax significantly reduced to $387,000 (June 2010: loss $537,000) · Positive net cash generated from operations $77,000 (June 2010: outflow $846,000) · Net cash at 30 June 2011 $3,313,000 (June 2010: $5,080,000) · Loss per share 0.64c (June 2010: loss 0.50c) · Over 4.6m units of DDD TriDef 2D to 3D conversion solutions were shipped by TV and PC licensees in the period bringing the cumulative total of TriDef unit shipments to over 7m · The first glasses free mobile 3D phone from LG Electronics using TriDef 3D Mobile technology for Android began worldwide shipments in June · Contract momentum continues with nine new license agreements with PC and mobile phone OEMs and TV chip companies, the majority commencing shipments during Q2 Subsequent to the period end - highlights · Signed five-year software license with leading PC OEM expected to yield 1 million unit shipment of TriDef 3D game and photo software over next 12 months

http://www.investegate.co.uk/Article.aspx?id=201109260700188760O

Peter Clutterbuck, Chief Executive of 3Legs Resources, said: "We are delighted to have successfully executed the multi-stage hydraulic fracture stimulation along the lateral section of the Lebien LE-2H well and achieved encouraging natural gas flow-rates. Our interpretation of logs conducted after the frac operation indicates that the frac propagated to a portion of the reservoir in each of the 13 stages, but not to all of the reservoir. We will be reviewing frac designs with the intention of improving frac performance on future wells. This well has provided us with invaluable information do to this and to improve reservoir deliverability. Our objectives with this well were to achieve a sustained gas production rate, and to gather data to further understand the reservoir. We are very pleased to have achieved both these objectives on our first attempt. We are encouraged by the characteristics of the new shale interval we have encountered in the Warblino LE-1H horizontal well and believe this represents a promising additional target in the basin. We look forward to the test results of this well programme, scheduled for later this year. This deeper horizon, while always a key objective of the programme, was not included in the Competent Persons Report prior to IPO as it had not been penetrated in either of our two wells drilled prior to that date."

· Warblino LE-1H o Vertical pilot well drilled to TD of 3,222 metres with extensive coring and logging programmes o In addition to the intervals completed at Lebien LE-1 and Lebien LE-2H, this well encountered a separate deeper interval o The well was sidetracked to drill a horizontal borehole in this deeper interval o After drilling a 1,246 metre horizontal lateral of shale with strong gas shows, and just prior to reaching planned total depth, the well encountered hole stability issues o A sidetrack was then initiated to redrill the same section o The new lateral was drilled to 3,844 metres (measured depth) with a 500 metre horizontal section. This was a shorter horizontal section than originally planned so as to reduce the risk of encountering hole problems o Well will shortly be made ready for well stimulation programme and test in due course

3Legs Resources plc Operations on Lebien LE-2H horizontal well Operations on Warblino LE-1H horizontal well 3Legs Resources plc (the "Company"), a company focussed on the exploration and development of unconventional oil and gas resources with a particular focus on shale gas in Europe,announces the following operational update. Key points · Lebien LE-2H o The initial testing phase is now concluded o The well achieved its objectives of a sustained gas production rate and data gathering to advance the Company's understanding of the reservoir o Natural gas flowed with the aid of nitrogen lift at an initial unstabilised rate of 2,200 mscf/d on 8 September, declining to 500 mscf/d on 13 September. o A tubing string was added on 17 September and the well continued to flow with the aid of a nitrogen lift to recover frac water, with natural gas recommencing flow at an initial rate of approximately 380 mscf/d o The well has continued to flow with the aid of the nitrogen lift at a net natural gas rate of approximately 450-520 mscf/d up to 25 September o The well is now in the process of being shut in pending further analysis o Depending on the results of further analysis the well may be further flow tested

http://www.investegate.co.uk/Article.aspx?id=201109260701458951O

Another contract winner was video surveillance group Blue Star SecuTech (BSST), which announced it has received an RMB 6.86 million (700,000 pound) order from Bank of China - Hebei branch for its products. The agreement will see Blue Star provide network surveillance at approximately ten network command centres, with working having already commenced and due to be completed by the end of November 2011.

Leisure and gaming equipment manufacturer Sceptre Leisure (SCEL) has secured a new contract with Rileys, the operator of 120 pool and snooker clubs worldwide. The four year deal will see the group supply 100% of Rileys' amusement and gaming machine requirements, over 400 machines, and is worth circa 2.5 million over the contract term. This win follows the contract renewal and extension from Marston's announced last week

Former FTSE 100 private equity investment firm 3i Group (III) has found trading conditions increasingly challenging, as falling stocks have pushed down the value of its portfolio. As at 31st August, the company has reduced its net debt to 343 million pounds, from 522 million pounds at the end of March and has announced its intention of substantially increasing its shareholder dividend

McBride (MCB) remains a "hold" for Panmure Gordon, with a target price of 130p. The household and personal care manufacturer has made good progress in the restructuring of its business, says the broker and sees good near term growth potential for its Central and Eastern European division. Panmure forecasts pre-tax profits of 23.5 million pounds in 2012, but with weak demand in the UK first half profits are expected to fall significantly. McBride shares inched up 0.5p to 119.5p.

Hamworthy (HMY) retained its "buy" rating from Evolution Securities, with a target price of 700p. The broker believes the oil and gas systems manufacturer has significant room for growth, both organically and through acquisitions, funded from existing cash reserves. Evolution adds that the company's electric pump systems are cheaper to install and are more environmentally friendly than hydraulic systems made by its competitors and notes that orders are typically up to 10 million pounds. Hamworthy shares edged down 3.5p to 502p.