Member Info for mulledwine

Very nice results and a possible public offering to come in the USA - there was a slow down in the second half of the year which, with the present market mood, might be the news that the Market re-acts to - hopefully not

Reynolds C. Bish, Chief Executive Officer, said: "We experienced strong revenue growth during the first half of the past year but less during the second half. As stated in our July trading update, we believe this slowdown was caused by longer sales cycles and decision making that emerged as a result of increasing uncertainty and volatility in the global economic environment. We expect these challenges to continue until more confidence and stability return to markets." Bish continued: "We recognize that our performance can always be improved but Management and the Board are nonetheless pleased with the Company's overall progress. Our pipeline of opportunities has continued to grow, we believe we're well positioned to continue gaining market share and we remain confident in our business but we are cautious in our outlook. While it's difficult to provide precise guidance at the present time, during the current fiscal year we conservatively expect between eight and ten percent total revenue growth in U.S. dollars on a constant currency basis." Jamie Arnold, Chief Financial Officer, said: "Our progress during this past year led to our decision to begin the preliminary work needed for us to eventually effect an initial public offering in the United States. While market conditions are not currently conducive to effecting such a transaction, we want to be in the position of having the flexibility to do so at the appropriate time. As we become a more U.S. centric business, we'll need to access the leading financial market for global software companies in order to better pursue our organic revenue growth and acquisition strategies."

Operating Highlights: · Harvey Spencer Associates, a leading industry analyst firm, reported that during calendar year 2010 Kofax increased its overall capture market share to 15% from 11% in 2009 · Consistent with this gain in market share the Company grew its total revenues faster than the overall capture market and faster than its two most direct competitors during the calendar year 2010 and the first six months of 2011 · The Company also: - Added over 2,155 new customers and closed more six and seven figure sales - Received widespread recognition for its market position and software products - Successfully launched six new software product releases - Disposed of its legacy hardware distribution and maintenance business - Acquired Atalasoft to add internet browser based applications and portals to its capture onramp - Appointed Wade Loo to its Board of Directors and Audit Committee · Subsequent to the fiscal year end the Company: - Was selected by Microsoft to be part of its exclusive Managed Independent Software Vendor (ISV) Program - Put a $40.0 million unused, as of today line of credit in place with Bank of America Merrill Lynch to further enhance its financial position

IRVINE, CA, SEPTEMBER 5, 2011 - Kofax plc (LSE: KFX), a leading provider of capture driven business process automation solutions, today announced its preliminary unaudited results for the fiscal year ended June 30, 2011. Kofax reported record software business revenues, adjusted earnings before interest, taxes and amortization (Adjusted EBITA)*, adjusted diluted earnings per share from continuing operations (Adjusted Diluted EPS)*, cash generated from operations and year end cash balances, and significant progress in its business that substantially validate the Company's strategy and ability to execute as well as the fundamental strength in its business. Financial Highlights: · Total revenues grew 12% to $243.9 million (2010: $217.6 million), or 10% in organic constant currency · Adjusted EBITA grew by 54% to $40.2 million (2010: $26.0 million), or a 16% margin (2010: 12%) · Adjusted Diluted EPS grew by 72% to $0.31 (2010: $0.18) · Cash generated from operations increased 53% to $35.6 million (2010: $23.3 million) · Year end cash balances totalled $98.3 million (2010: $55.5 million)

http://www.investegate.co.uk/Article.aspx?id=201109050700116022N

Testing results of the first development well KSG-57 of phase-III campaign in Kharsang Field Jubilant is pleased to announce the testing results of the first development well KSG-57 (earlier referred to as "KPL-A") drilled under the Phase-III development drilling campaign in the Kharsang field. The well was spudded on 28th July 2011 and was successfully drilled to 875 meters measured depth (800 meter true vertical depth) on 15th August 2011, on time and within budget. The well was tested with a smaller capacity work-over rig, which was deployed at the site on 21st August 2011. Based on wireline log interpretation results, formation pressure data from Sequential Formation Testing and Side Wall Core results, the consortium identified four separate intervals, totalling 20 meters of net sand, for testing of shallow C-50 and D-00 Girujan targeted reservoirs. Upon testing the D-00 sands interval between 786-793 meters and activation through swabbing, the well started self-flowing. The well is presently flowing through 5.56 millimetre choke at a rate of around 170-180 barrels of oil per day (bopd), with Gas-Oil-Ratio of 30 volume by volume and maximum flowing tubing head pressure of 11 Kg/cm2. The initial results are as expected and encouraging. The production from the well is being sent to the Oil Collecting Station (OCS) for further processing. The KSG-57 well will continue to remain under extended production testing to carry out a multi choke study till production is optimized. The testing of the remaining 11 meters of the two shallower sands will be completed at a later date. GeoEnpro Petroleum Ltd., a joint venture of GeoPetrol and Jubilant Enpro (a member of the wider Jubilant Bhartia Group), is the operator of the Kharsang Field. Jubilant holds a 25% interest in the block through its subsidiary, Jubilant Energy (Kharsang) Pvt Ltd. The other members of the consortium are Oil India Ltd and GeoPetrol.

http://www.investegate.co.uk/Article.aspx?id=201109050700116021N

One for the diary - International Ferro Metals Limited ("IFL" or the "Company") Notification of Final Results International Ferro Metals Limited, the integrated ferrochrome producer, announces that it will release its final results for the year ended 30 June 2011 on Monday 19 September 2011.

Most welcome news - and more to come hopefully

Peter Spivey, Chief Executive Officer of Cluff Gold, commented: "We are extremely pleased with the significant increase in the mineral resources in the current resource area at Baomahun. The new resources underline the opportunity for Cluff Gold to achieve its objective of developing an open-pit gold mine at Baomahun, which has the potential to produce over 150,000 ounces of gold per annum. Furthermore, we believe that there is significant potential to further expand the resource base at Baomahun: within the existing open pittable areas, at depth accessible by underground mining methods, and within the remainder of our mining and exploration permits. Our drilling programme will resume at the main resource area following the end of the wet season in November 2011, focusing on further opportunities that have been identified to increase our resource base through converting inferred resources to the measured and indicated categories. Exploration drilling will also resume along trend. Work is progressing well on the definitive feasibility study, and we believe that the currently estimated mineral resources form a strong platform to justify the capital requirements for developing the mine. A number of new opportunities for cost savings have been identified and will be incorporated in the final study, which is on track for completion during Q4 2011."

LONDON, UNITED KINGDOM--(Marketwire - Sept. 5, 2011) - Cluff Gold plc ("Cluff Gold" or the "Company") (AIM:CLF)(TSX:CFG), the dual AIM/TSX listed West African focused gold mining company, is pleased to announce the results of an independent mineral resource estimate for the Company's 100% owned Baomahun Gold Project ("Baomahun") in Sierra Leone. Highlights: -- The indicated resources have increased to 2.1 million ounces of gold (25.6Mt grading at 2.5g/t) representing a 46% increase over the measured and indicated resources announced in June 2010. -- Inferred resources now stand at 0.9 million ounces (9.6Mt grading at 2.8g/t). -- These new resource figures will be incorporated into the definitive feasibility study for Baomahun, which is progressing well, and is expected to be completed during Q4 2011.

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4486542

2 September 2011 | 17:40pm StockMarketWire.com - John Whittle, Non Executive Director, bought 34,000 shares in the company on the 1st September 2011 at a price of 115.40p. The Director now holds 34,000 shares

2 September 2011 | 17:40pm StockMarketWire.com - Grahame Stott, Non Executive Director, bought 50,000 shares in the company on the 2nd September 2011 at a price of 60.00p. The Director now holds 300,000 shares.

CONT If the world looks less secure, then the fall from this year's share price high of 490p seems to have arguably taken account of that gloomier prospect. The equity gives an owner entitlement to historic (last 30th June) net property assets worth 520p - a discount of 23%. On the basis of recent forecasts, the NAV was estimated to increase to 540p at this year end; a value which if achieved by December, would mean a forward estimated share price to net asset value discount to 26%. Remember that Hammerson has a portfolio of some of the best retail property in the UK; the sort of property which in the longer term is seen as being in short demand because of lack of development over the last few years. It is the kind of property that pension funds, insurance companies and sovereign wealth funds routinely wish to buy for future flows of rental income and capital value. It is my opinion that such investors are likely to add to their holdings at this price and valuation. Evidence of the property buying skills and philosophy of Hammerson may be deduced from the fact that in the twelve months to 30th June 2011, when shopper numbers were reported as having fallen by nearly 1%, those visiting Hammerson shopping centres (like Brent Cross London and Union Square Aberdeen) actually rose 2.6%. There is also a useful historic annual dividend worth 3.9%, estimated to rise to 4% this year and 4.1% next tear. Good value, good quality and out of favour. BUY.

Buy Hammerson (HMSO) at 401.1p Says Robert Sutherland-Smith of UK350.com Making the most of his extensive knowledge and long City experience, Robert Sutherland-Smith takes a sensible long-term approach to investing, identifying the stocks with the greatest potential from the FTSE 350. To get a fortnightly newsletter from Robert, featuring his analysis of the market outlook, a new recommendation and updates on previously tipped stocks, join UK350.com now. Buy Hammerson (HMSO) at 401.1p Markets like these are useful for picking up equity in top quality businesses; particularly when it comes at a generous discount. In this case a business linked to the depressed retail sector. The stock picked out of the gutter is Hammerson (HMSO); the UK's largest developer of retail property. I last tipped the stock on the growing value of its property portfolio at 429p last December. The shares obligingly rose 14% to 490p over the last eight months (or 15.8% if you included the interim dividend payout of 7.3p) before falling in last couple of weeks. They are now back to 401`.1p last seen. The shares are discounting a poor economic outlook... So what does an investor get for his or her money? At lot of equity asset value!

Potential here is large and thats just with the existing status of the company - if ATUK can copy cat Schools E-commerce marketplace worldwide and into different businesses and enterprises then who knows the true potential of this company. Im glad I am in and any additional funds will be adding shares here. When the world econonmy turns and sentiment returns this should surely soar.( as for a time for the sentiment to return , well thats a different matter) - happy to hold.

@UK* (ATUK), the e-commerce marketplace, has announced the launch of the Schools E-commerce marketplace, allowing schools to purchase from suppliers and parents to pay school related costs on a single e-commerce system. The service will reduce costs to schools, while saving children from carrying cash into schools. The potential size of the market, according to the company, is 72 million pounds, will offer the potential for high margins, and can be supported through its existing infrastructure and software. @UK shares gained 0.5p to 9.625p.

Shares in SVG Capital (SVI) gained 5p to 261.5p after Permira, in which it has a significant holding, announced the sale of 33.8% of its holding in Hong Kong casino and hotel company Galaxy Entertainment for 17.7 Hong Kong dollars (1.4 pounds) per share. The value of this realisation for SVG is 71.4 million pounds, implying an 18.8 million pound uplift to the June 2011 valuation of Galaxy. SVG's remaining holding is valued at 151.5 million pounds.

Goldman Sachs initiates Spirit Pub as neutral, target price 47p.