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Tate & Lyle (TATE) Although the fundamentals seemed to have settled down at Tate & Lyle, this does not necessarily mean that the share price will be any easier to predict near term. The current position on the daily chart is that of a rising trend channel in place since September, with support at the floor of the channel level with the former February resistance zone at 600p. While there is no weekly close back below the 2010 price channel floor the upside here is seen as being the top of the price channel at 670p on a 4-6 week timeframe. So reckons Zak Mir

what a horrendous spread showing here .60 to .73

Sorry guys - just managed back to this board - too many of them ! Development costs and dodgey antennas are costing them dearly ... however you have to think there will be a equity placing soon and at this SP it will may mean a big dilution depending on how much they go for - once that is out of the way ( if it is coming) then hopefully the SP will recover somewhat albeit more shares in circulation. As per 6 May RNS they definitely need cash - alternative to dilution - loan - funding needs sorted quickly - whats your thoughs folks dilution or loan ?

More coverage Green Compliance to beat full-year predictions By Benjamin Chiou Date: Friday 27 May 2011 LONDON (ShareCast) - Shares in Green Compliance got a lift when the firm revealed that it expects results for the year ended 31 March to be "marginally ahead" of expectations. The compliance-related business support services said that it has been successful in winning new contracts in its area of operations and has a strong pipeline. During the year, the group bought 11 businesses and now has a significant presence in its chosen markets of water hygiene, pest control and fire protection. "I am very pleased with the progress made across the group during the last year, particularly with our achievements in continuing to build a successful integrated platform for profitable growth," said chief executive officer John Prowse.

Sarantel Group (SLG) posted increased annual losses, mainly as a result of one-off lowered revenues from high-value military and satellite data applications, and said it is currently seeking further funding to provide sufficient finance for working capital and future opportunities. The manufacturer of miniature antennas for mobile and wireless devices reported a pre-tax loss of 1.7 million pounds, which compares to a loss of 1.5 million pounds a year earlier, as revenue fell 26% to 1 million pounds. Shares in Sarantel dropped 0.125p to 0.65p

Buy Haynes Publishing Group (HYNS) at 244p Says The Small Cap Shares Team Evaluation Haynes is not a business which is going to set the world alight. But it has a dominant position in a niche market which has proven relatively resilient to recent economic troubles. The market is looking for the company to post full year results to May 2011 slightly higher than last year's numbers. Pre-tax profits of GBP7.2 million are expected and while the firm only made GBP2.75 million at the pre-tax stage we note that it has a traditionally stronger second half. If forecasts are met Haynes will trade on a modest price earnings multiple of 8.2 times. However, if we value the company using a measure of cashflow, the investment case looks a lot more compelling. Haynes trades on a multiple of just 2.2 times net operating cashflow for the last financial year and at 3 times the average net annual cashflow posted over the past 5 years. The dividend payment, which looks safe and should be maintained, is decent, with the shares currently yielding 6.4%. BUY

Green Compliance (GCO) expects to report a trading outcome for the full-year marginally ahead of management expectations, the group announced as the bid pipeline continued to be strong with a number of further opportunities currently at advanced stages of negotiation. "The demand for our services is strong", commented chief executive John Prowse. "Our three markets of water hygiene, pest control and fire protection are sectors which provide significant opportunity for organic and acquired growth". Shares in Green Compliance increased 0.075p to 0.925p.

http://www.investegate.co.uk/Article.aspx?id=201105270700114019H

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A strengthening in its markets, continued progress at its IQ Equity businesses and the potential for additional growth through acquisition have all led InterQuest Group* (ITQ) to view the future with "a great deal of confidence." The IT staffing specialist added that the number of contractors working onsite at clients has increased by 4% since early January and the level of fee income generated from permanent recruitment continues to increase. The shares rose 4.5p to 64p.

Shares in Toledo Mining Corporation (TMC) surged 5.625p to 29.875 on news the Berong nickel mine is expected to be running at full production by mid June 2011. The miner and its joint venture partner, Berong Nickel Corporation, is targeting production of 500,000 wet metric tonnes (wmt) of nickel ore by 31st December 2011 and aim to ship 300,000 wmt by 31 September 2011 when the shipping window closes.

Annual adjusted pre-tax profits climbed 34% at Tate & Lyle (TATE) on the back of steady growth across a number of its markets, prompting the provider of food ingredients to increase the full-year dividend from 22.9p to 23.7p. The group posted an adjusted pre-tax profit of 263 million pounds on sales up 7% at 2,720 million pounds. Looking ahead, the group said it expects to deliver "another year of profitable growth". Shares in T&L, whose business units include specialty food ingredients, bulk ingredients, and sugars, lost 1.5p to 607p.

Shares in Britvic (BVIC) advanced 6.9p to 432.9p after the soft drinks maker expressed its confidence in the future prospects of the business by increasing its interim dividend by 8.5% to 5.1p. The move came despite the group revealing a 28% drop in pre-tax profits to 20.1 million pounds for the 6-months ended 17th April 2011 following being hit by soaring cost of commodities such as sugar and oil. Commenting on this, chief executive Paul Moody said: "...trading in the first few weeks of the third quarter provides the board with further confidence in the outlook for the balance of the year".

Lower prices and higher costs have led Severn Trent (SVT) to announce a 14.7% drop in pre-tax profit for the full-year, as the utility group failed to meet targets set by Ofwat, the industry regulator, to reduce leakages. For the 12-months ended 31st March 2011, underlying pre-tax profit fell to 288.6 million pounds as turnover remained flat at 1.7 billion pounds. Looking ahead, the group said that as a result of the weather impacts on its capital programme, it will invest more in its network this coming year. Shares in Severn gained 15p to 1,517p.

Evolution Securities reiterated its "buy" recommendation for BAE Systems (BA.) with a 400p target price. The broker notes the sale of the commercial aircraft lease portfolio and asset management business to Fortress Investment group for 187 million dollars (114 million pounds), and said this is an encouraging sign that the group is selling non-core assets that are not part of its strategy. That said, with a strong balance sheet, following completion of the pension scheme triennial valuations, Evolution added that it expects a return of capital to shareholders. BAE shares added 1p to 330.7p.

Singer Capital Markets restated its "buy" rating for Mothercare (MTC) with an increased target price of 585p, up from 580p. The broker said that whilst last week's preliminary results were broadly in line with expectations from a financial performance perspective, the key balance sheet figures were better than expected. The good cash generation, the broker added, has enabled the retailer to deliver faster than expected dividend growth. Shares in Mothercare, which is to close almost a third of its UK stores, inched ahead 0.2p to 438p.

Arbuthnot maintained its "buy" recommendation for H&T Group (HAT) with a 400p target price. The broker notes that the pawnbroker has been able to use the "supernormal" profits from gold-purchasing to fund aggressive store-opening programmes, and said the full benefits of which should come through in the next two to three years. With stores still being readily sourced at good rents due to little competition on the high street, and "austerity Britain" set to continue for the foreseeable future, Arbuthnot believes that the firm will continue to deliver good results. H&T shares declined 7p to 315p.

The London Stock Exchange faces an increasingly bitter battle to merge with its Canadian counterpart after a rival went hostile with a C$3.6bn (£2.25bn) offer. The Maple Group, made up of Canadian banks and pension funds, said it would appeal directly to shareholders of TMX, owner of the Toronto and Montreal exchanges, hours after LSE and TMX announced June 30 meetings for their ­investors to vote on LSE’s £1.9bn friendly bid, according to the Daily Express.

GGG Resources plc ("GGG") (ASX:GGB, AIM:GGG) has today extended the offer period of its off-market takeover offer for all of the ordinary shares in Auzex Resources Limited ("Auzex") for two weeks so that it is now scheduled to close at 5.00pm (Perth time) on Monday 20 June 2011 (unless further extended). On 6 May 2011, Auzex announced three separate proposals; namely: * A demerger of its non-core exploration assets; * A proposed $25 million capital raising; and * Seeking a listing on the London AIM market. This extension is to allow GGG and all other Auzex shareholders time to consider the details which Auzex should disclose in relation to these proposals. With the release of Auzex's target statement on 19 May 2011, GGG expected that there would be further disclosure of the proposals, however, this did not occur. Auzex's target statement provided little additional information on the proposals. The following documents are attached for immediate release to the market: * a letter which is being sent to Auzex shareholders explaining the extension; and * a formal notice of variation required in respect of the extension by the Corporations Act 2001 (Cth).

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