Member Info for mulledwine

http://www.investegate.co.uk/article.aspx?id=201104050700062749E&fe=1

SP often takes quick rises of 20% or so - could it be start of another today?

Good solid encouraging results

Michael Laurier, Chief Executive, commented: "We are delighted to be able to report our first £1million net profit. Symphony's business is now both corporately and globally structured to continue to grow further on the strength of these excellent results. "We have expanded our product portfolio and revenue streams and put the foundations in place to benefit from continued growth in demand. This is an exciting time for the business as the Group further grows its global reach."

Underlying Results · Operating profit excluding non - recurring items increased by 50% to £1.25 million (2009: £0.83 million) · Profit before tax excluding non - recurring items increased by 76% to £1.12 million (2009: £0.64 million)

Highlights · Revenues increased by 21% to £8.48 million (2009: £7.04 million) · Operating profit increased by 36% to £1.13 million (2009: £0.83 million) · Profit before tax increased by 58% to £1.01 million (2009: £0.64 million) · Profit after tax increased by 29% to £1.19 million (2009: £0.92 million) · Gross profit margin increased to 57% (2009: 55%) · Cash generated from operations £0.53 million (2009: £0.57 million) · Basic earnings per share increased by 28% to 1.02p (2009: 0.80p) · Number of distributors increased from 49 to 61 · Expansion of products and support services

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4153515

London Stock Exchange Group plc has agreed the sale of Servizio Titoli SpA, a provider of shareholder management services to listed companies in Italy, to Computershare Limited for total cash consideration of €30.0 million plus an amount of up to €2.4 million for the net cash balance as at completion. Revenue for Servizio Titoli for the financial year ended 31 March 2010 was €9.3 million. The disposal is expected to complete in mid May.

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4153611

Geoff Davis, Managing Director of Medusa, commented: "The continuing good results from the Co-O Vein system and surrounds are extremely pleasing, including the discovery of a new exceptionally wide and high grade zone within the mine by underground drilling. I also wish to emphasise that, as we drill new vein systems, drill intersections in veins rarely provide ore-grade intersections in every hole. As our data base grows, and the characteristics of each vein become clearer, statistical assessment of the percentage of oregrade drill hole intersections required, maybe as low as 40% of holes with ore grade intersections, will increasingly provide the levels of certainty for turning exploration drill results into ore that can be developed with confidence."

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4153703

*results do not include sales from the Zero Emission Vehicles division, which was sold at the end of 2010 to our associate company Smith Electric Vehicles US, and is therefore treated as a discontinued operation. Jon Pither, Chairman of Tanfield, said: "As the market for aerial lifts is now beginning to return to growth, we expect that 2011 will be a transitional year, where we move closer to a break-even position. With a healthy cash balance and no debt, I believe Tanfield is on the right path to recovery and a secure future."

Preliminary Results for the year ending 31 December 2010 Tanfield Group Plc, the leading manufacturer of aerial work platforms, announces its preliminary results for the year ending 31 December 2010. Summary* · Turnover of £43.5m (2009: £43.1m) · Operating loss before impairments of £15.8m (2009: £16.0m) · Net cash at 31 December of £3.6m (2009: £5.4m) · Net cash at 01 April of £4.8m · Return to growth in 2011

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4153499

Exploration Plans for Fiscal 2012 Although reserves and resources for the Company will be based on a calendar year end, the exploration budget will continue to be based on the Company's fiscal year end (April 30th). The Company will present its exploration plans and budget shortly after completion of the current fiscal year. There are currently 11 rigs on the property including 10 underground at the Macassa mine and 1 on surface at the east end of the camp testing various targets. It is planned in FY 2012 to add two additional underground rigs and one additional surface rig.

KIRKLAND LAKE, ONTARIO--(Marketwire - April 5, 2011) - Kirkland Lake Gold Inc. (TSX:KGI)(AIM:KGI) (the "Company") presents its annual gold reserve and resource estimates (now based on a December 31st year end) for its operations in Kirkland Lake, Ontario on both the historic Main Break and the Company's high grade South Mine Complex (SMC) discovered in 2005 its high grade South Mine Complex (SMC). During the months of May through December 2010, the Company concentrated its exploration efforts on expanding the SMC, replacing the ounces mined in the Main Break, and developing drill locations from which new exploration initiatives could be launched on both the SMC and the Main Break. During this period, the Company drilled 133,000 feet of underground drilling and 13,000 feet of surface drilling. This reserve and resource update is based on seven months of exploration drilling due to a change in year-end reserve date, and one month lost due to various logistical challenges and drill movements. "Our exploration and development programs during the last 7 months of 2010 successfully advanced the SMC to a critical mass of 1.34 million ounces of gold with a further 723,000 ounces in the inferred category grading 0.79 opt. The Company's exploration strategy remains to convert inferred resources to indicated status, test previously unexplored areas and replace all ounces mined in the Main Break and SMC," said Company President, Brian Hinchcliffe. "Exploration efforts continued to generate additions to the reserve and resource base well in excess of 20,000 ounces per month including additional Main Break ounces that will likely be mined in the short term due to proximity to the #3 production shaft."

The highlights of the current reserve and resource estimates include: -- Proven and probable reserves in the SMC increased by 5% and now stand at 1,030,000 tons at a grade of 0.74 ounces of gold per ton (opt) for a total of 758,000 ounces. Measured and indicated resources increased by 17% and now stand at 864,000 tons at a grade of 0.67 opt for a total of 578,000 ounces. Inferred resources increased by 7% to 911,000 tons at a grade of 0.79 opt or 723,000 ounces. -- Proven and probable reserves for the entire mine now stand at 2,647,000 tons at a grade of 0.55 opt or 1,465,000 contained ounces. Measured and indicated resources now stand at 2,760,000 tons at a grade of 0.48 opt or 1,328,000 contained ounces. Inferred resources now stand at 1,740,000 tons at a grade of 0.60 opt or 1,043,000 contained ounces. -- Exploration efforts in the Main Break targeted a replacing ounces mined were successful in replacing the 17,000 ounces mined during the same period. Exploration strategy in the Main Break areas includes the delineation of new resources proximal to current mining blocks. -- New drilling platforms have been established to drill the Main Break from the 42, 45, 47, 50 and 53 levels. Drills have moved into most of these locations however the drill programs are still in their infancy. Most of the new platforms are located strategically to accommodate drilling from the hanging wall side of the Main Break to explore both the Main Break and the SMC. -- Ramping commenced near calendar end above the 34 level to provide drill platforms to target the Main Break and hanging wall structures up to and above the 30 level.

http://www.halifaxmarketwatch.co.uk/rns.cgi?username=&ac=&action=news&rns=1&view=full&story_id=4153454

Innovation Group wins Tesco car sale gig Date: Monday 04 Apr 2011 Innovation Group, which provides business process outsourcing and software to insurance, car and property industries has been selected by Tesco to assist with the supermarket giant’s new online car sales service. Tesco Cars was launched today by Tesco. Innovation will provide outsourced maintenance, repair and servicing for Tesco Cars customers. Tesco says the cars it sells online with typically have had at least one previous owner. “This new partnership with Tesco Cars is a powerful endorsement of the comprehensive and high-value service which Innovation Group can deliver to global motor manufacturers, fleet operators, distributors and new retail channels such as Tesco Cars,” said Innovation chief executive Andy Roberts.

Admiral Group Plc (LON:ADM) shares face an uncertain outlook say analysts at Jefferies. The investment bank has set a Hold rating on Admiral shares, downgrading the target share price from 1,741.00p to 1,703.00p. A note on Admiral shares from Jefferies says: "Admiral is entering another defining period in its evolution and the outcome is less obvious than the early stage growth achieved so far. "Earnings have become much more levered to underwriting profit at a time of increased volatility. This may undermine the bulls looking for strong improvement in the 2010 underwriting year. We are lowering our price target to £17.03 and reiterate our cautious Hold recommendation."