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Commoditrade says new revenue deal will boost profit Comments 0Rating Unrated (0) EMAIL PRINT RSS SHARETEXT SIZE: A A A 17 December 2009 @ 10:58 am BSTNext Markets Article Commodities investment group Commoditrade has announced new terms under its revenue sharing agreement with Sucden for LME floor trading operations, which it says will immediately improve potential profitability. The fixed annual fee of 7.5m has been reduced to 4.25m p.a. for the first year and then 3.25m p.a. Sucden will also receive 25% of net revenue after costs, including the fixed fee. The agreement has been backdated to 1 September. CEO David Phipps said, 'The new revenue share agreement will immediately enhance our potential operating profitability. This new agreement allows Commoditrade to reduce its fixed costs and in return provides Sucden with a share of higher net revenues.' Story provided by Business Financial Newswire © 2009 BFNNews.com.
get out now......... you will lose out after re-organisition
moving fast. may move closer to the 50p mark........ trading update means they will meat 2009 targets
GOOD NEWS Company KBC Advanced Technologies plc TIDM KBC Headline Contract Award and Trading Update Released 15:29 15-Dec-2009 Number 1627E15 RNS Number : 1627E KBC Advanced Technologies plc 15 December 2009  15 December 2009 KBC Advanced Technologies plc ("KBC") Contract Award and Trading Update KBC is pleased to announce today a new software contract award with Petróleo Brasileiro S.A. (Petrobras), the state national oil company of Brazil, for the licensing of our refinery simulation software, Petro-SIM™. The contract encompasses reactor models, the Petro-SIM engineering flowsheet and elements of support and model building for all of Petrobras's Brazilian domestic refineries, a number of their international sites, and their head offices in Rio de Janeiro. The value of the contract is more than US$4m and the licences are granted for a period of three years. KBC performed several large profit improvement projects for Petrobras in the first half of this decade, which included the licensing of some of KBC's earlier simulation software technology, before Petro-SIM was launched in late 2004. This sale effectively upgrades Petrobras to KBC's latest technology. George Bright, Chief Executive, said today: "We are delighted to have won this contract with another longstanding customer further validating the power and continuing loyalty of our blue-chip c
think you are wrong......... yes your shares might be worth 1p but the problem is for every 20 shares you own at 0.7p now you will have 3 shares at 1p left and 17 worthless deferred shares..... so although your shares will be worth more, you will have a smaller number of shares!!!!!!!!!!!
they are buying more and more in GGG. now up to 18%
stakeholders http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10307837 http://www.londonstockexchange.com/exchange/prices-and-news/news/market-news/market-news-detail.html?announcementId=10303600
it tells you. they are worthless really........
yes the market cap will increase to £10 but the number of shares will increase by 997m!!!!! so there will be 1029m shares created instead of the 162m that they have now!!!!!!!!!!!!!!!!!!!!!!! . basically people think that if you are currently holding 200,000 shares at 0.6p which is about £1200 now that when new shares come into affect you will have 200,000 x 1p, however what you are failing to realaise is that those 200,000 shares will become only 30,000 shares after the re-organisation and will be worth only £300 instead of the £1200 you could get now if you sodl. fyi. only my opinion
2000 shares now would be 2000 x 0.6 = £12 after reorganisation you will have 300 shares x 1p = £3 so if you have at the moment 200,000 shares in GCO then its worth £1200 but after the re-organisation it will be wrth only £300.
dont know if i have read it wrong etc but thats what i gather from the info given.........
If Shareholders are in doubt with regard to their current shareholding or the number of Ordinary Shares which they will hold following implementation of the Share Capital Reorganisation or if they have any queries on the Share Capital Reorganisation they should contact the Company's registrars, Neville Registrars, on the following telephone number: 0121 585 1131.
not sure. but that is my take on the situatuon. very confusing...............
2000 shares now would be 2000 x 0.6 = £12 after reorganisation you will have 300 shares x 1p = £3
Immediately after the share consolidation, the ordinary share capital of the Company will be reorganised further by sub-dividing and redesignating each newly created ordinary share of 20p into 3 Ordinary Shares of 1p and 17 Deferred Shares of 1p. The Deferred Shares will have no voting rights or rights to receive a dividend and will only have a very limited right to any distribution on a return of capital. As an example, if a Shareholder holds 20 Existing Ordinary Shares, following the implementation of the Share Capital Reorganisation, he will hold 3 Ordinary Shares and 17 Deferred Shares. The Placing Shares are being issued following the Share Capital Reorganisation and will represent 97.17 per cent of the Enlarged Share Capital. Following the Share Capital Reorganisation and the Placing there will be 1,029,130,916 Ordinary Shares in issue, which at the Placing price of 1p will result in a market capitalisation of the Enlarged Group of approximately £10.29 million.
for every 20 shares you hold you will only have 3 new shares after re-organisdation......
expectations there are lots of positives. the shops are doing well and above target. they should do really well over xmas. the shop in st christophers place is in the heart of shopping in london just off oxford street. the online new brand name should attract more buyers and has started to pick up business also........ the share has already dropped from 4-5p this year and has gone too low in my opinion. it sohlud be more areound 3-3.5p in my opinion. plenty of upturn here
AIM: ADIL 10 December 2009 Adili plc ("Adili" or "the Company") Trading Update The board of Adili plc, the online retailer of ethical fashion, announces that trading has improved significantly over the last few weeks but to date is below management's expectations at the time of the last fundraising in August this year. The company has suffered from lower than anticipated trading on their website mainly due to issues arising from the trading name change to Ascension in the earlier part of the Autumn Winter season and also as a result of the later than planned opening of the retail stores following the protracted fundraising activity earlier in the year, delaying our ability to commit to leases at that time. The board has been acutely focussed on margin management and this season has seen significantly less discounting than in previous years, including the avoidance of a mid-season Sale. Consequently, cash generation and margin growth are the main priorities for management rather than 'headline' sales growth. The board is now seeing an acceleration in sales growth of both the website and the stores due to seasonality and having resolved the issues associated with the rebranding referred to above. The rebranding has been received very well by customers, with 75% of existing customers preferrin
should be trading around 3-4p. very good little company..... could do well over the xmas time