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http://www.investegate.co.uk/Article.aspx?id=201109060700076492N

A little bit of coverage Ultima Networks (UTN) announced the connection of its first solar projection to the national grid, and has been granted accreditation by the Office of Gas and Electricity markets, pushing shares up 0.05p to 1.3p. The company is currently working on several products, a number of which will be completing in the next few month, which will result in a significant increase in the company's production of renewable energy.

Greene King (GNK) kept its "buy" rating from Panmure Gordon, with a 540p target price, ahead of tomorrow's interim management statement. The broker notes that at the end of July the moving quarterly like-for-like sales growth was around 1.5%, and expects this trend to have continues, giving some adjustment for the impact of the riots in August

Evolution Securities maintained its "buy" recommendation for Cluff Gold* (CLF), with an increased target price of 155p, from 135p. The broker upgraded the price after the mining group raised its resources estimate at the Baomahun project in Sierra Leone by 550,000 ounces to 2.9 million ounces of gold. Evolution notes that Cluff hoes to produce over 150,000 ounces of gold each year, and that significant exploration potential remains at the site

DD Group (DDD) retained its "buy" rating from Brewin Dolphin, with a target price of 37p. The broker reports that the software developer has signed a five year deal to provide its 3D software to a leading PC manufacturer. Shipments are to begin in October, with a volume of around 1 million licences over 12 months, expected to be worth over 1 million dollars (0.62 million pounds). Brewin says that this contract shows evidence of DDD's progress and is encouraged by the price of the licences.

Merchant Securities reiterated is "sell" recommendation for Alexon (AXN) after the clothing retailer issued a profit warning. The company announced a 9% decline in like-for-like sales over the first three weeks of August, and the broker anticipates the market will downgrade its full year financial expectations. Merchant also notes that the group has entered takeover talks with a number of parties but no proposals have been made as yet.

OUTLOOK The trading outlook remains uncertain as UK consumers are having to cope with rising costs, falling disposable income and the prospect of increased unemployment. Overall, however, we are confident that our Retail expansion strategy, and the consistent delivery of excellent value, service and quality to our customers across each of our businesses, will enable us to deliver growth, further increase our market share and continue to deliver value to our shareholders.

INTERIM MANAGEMENT STATEMENT At its AGM today, Greene King will make the following Interim Management Statement for the 18 weeks to 4 September 2011. CURRENT TRADING Our strategy is to grow our Retail business and it is therefore encouraging to report like-for-like (LFL) sales in Greene King Retail, our largest and fastest growing division, up 2.6% after 18 weeks, with 4.3% LFL growth in the last ten weeks. This strong performance is despite the negative impact of last year's World Cup. Our focus on food continues to deliver strong results with LFL sales up 4.2% after 18 weeks and 4.7% growth in the last ten weeks. Both of this year's acquisitions, Cloverleaf and Realpubs, are trading strongly. In addition, we have declared the offer for Capital Pub Company unconditional and we can now begin to integrate Capital into Greene King and start to capture operational synergies of at least £2m. After 16 weeks, average EBITDA per pub in Pub Partners was up 2.4% with LFL EBITDA down 1.0%. LFL EBITDA in our core estate is ahead of last year. In Brewing and Brands, core brand own-brewed volume is up 1.8%, with 5.0% growth in the last ten weeks, compared to the UK ale market down 8.0% in the last quarter. All of our category-leading core brands are outperforming their categories with Old Speckled Hen performing particularly well. Overall, our margins, profit, cashflow and balance sheet remain in line with our expectations.

http://www.investegate.co.uk/Article.aspx?id=201109060700066859N

Chairman Joe Grimmond commented: "We are delighted to announce the completion of the Company's admission to AIM and the acquisition of Interpack, which we believe will be transformational for the Company. Interpack's proven sales track record added to Coral's technical and manufacturing expertise creates a powerful combination

FIRST DAY OF DEALINGS The board of Coral (AIM: CRU) is pleased to announce the commencement of dealings in its ordinary shares ("Ordinary Shares") on the AIM market of the London Stock Exchange. HIGHLIGHTS - Completion of the Company's move from the premium segment of the Official List to AIM - Acquisition of Interpack Limited ("Interpack"), a reseller and distributor of plastic containers primarily to the food manufacturing and food packaging sector - Successful placing of 12,000,000 new Ordinary Shares to raise £1.8 million (before commissions and expenses)

http://www.investegate.co.uk/Article.aspx?id=201109060700086556N

Fenner PLC PRE-CLOSE STATEMENT Fenner PLC today provides the following update on trading for the year ended 31 August 2011. The group expects to announce its results for the full year on 9 November 2011. Trading in the final quarter of the financial year has been particularly strong in both the Conveyor Belting and Advanced Engineered Products divisions. In the Conveyor Belting division, we have experienced continuing positive market conditions which, together with a healthy order book and our achievement of the required customer service levels, have enabled us to deliver a robust trading performance. The momentum developed in the Advanced Engineered Products division has been sustained through the final quarter to deliver a strong trading result. Demand for our niche, performance-critical products has been high as the expansion of our product range and geographical coverage continued. In light of these performances we anticipate full year results to be ahead of market expectations. Net debt is expected to be less than £110m. Whilst we note that uncertainty about the strength of the global economy has increased, the demand levels remain in line with our expectations.

http://www.investegate.co.uk/Article.aspx?id=201109060700096671N

Prospects Although footfall through veterinary practices has declined and the general economic climate remains uncertain we are continuing to demonstrate solid growth in markets in which we trade. Our branded product range, the focus of our key strategic objective, continues to grow strongly. To sustain this growth we have increased investment in product development, extended the geographies in which we operate, acquired complementary businesses and increased the number of people within sales and marketing. We believe, therefore, that we are well positioned to ensure future solid growth is maintained and Shareholder value enhanced.

Financial Highlights Revenue increased by 5.4% from £369.4 million to £389.2 million; underlying operating profit increased by 12.9% from £28.2 million to £31.8 million. The increase in underlying operating margin from 7.6% to 8.2% is a reflection of the growth of our high margin pharmaceutical business, particularly in the USA. The underlying net finance expense was £1.8 million compared to £2.1 million in 2010. Additional net foreign exchange gains of £0.8 million were partially offset by interest on additional bank borrowings to finance the DermaPet®and Genitrix® acquisitions. Underlying profit before taxation increased by 15.4% from £26.1 million to £30.1 million whilst underlying earnings per share rose by 16.4% from 29.50 pence to 34.33 pence. Reported operating profit was £21.7 million (2010: £19.9 million) whilst profit before taxation was £18.5 million (2010: £17.7 million). Reported earnings per share was 21.33 pence (2010: 19.97 pence). After a cash outflow in the first half of the financial year, there was a strong cash inflow in the second half with net borrowings reducing from £49.6 million at 31 December 2010 to £34.1 million at 30 June 2011. The increase from £6.7 million at 30 June 2010 is due to the acquisitions made during the year.

http://www.investegate.co.uk/Article.aspx?id=201109060700086615N

strictly - yes roll on 2012 - GL to you too

On current trading and prospects, Mr. Powell added: "the Group's order book is strong and there has been a high level of in the Training Systems Division providing a growing pipeline of opportunities. This, together with the ongoing revenue streams from support and consultancy agreements, a strong balance sheet and a good cash position give your board confidence for the future."

Commenting on the Group's performance, Chairman Christopher Powell said: "I am pleased to report a profitable first half in which major contract wins have substantially increased the Group's order book.. Activity in respect of these new orders will increase progressively during the second half and they are expected to contribute significantly to revenues in 2012 and beyond. "In addition to the new orders won, tendering activity remains high particularly in the Training Systems Division providing a growing pipeline of opportunities for the medium term."