The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
....gold is now falling in price as people and institutions jump into shares/equities etc as they now feel safer and also feel that we're now at, or close to, the bottom of the market. Alot of gold stocks are likely to fall in the near future IMO.
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2141365&source=RNS First Quarter 2009 Highlights Announced and completed acquisition of Interwoven, Inc. Integration ahead of plan and synergies expected to be ahead of plan Record revenues, up 23% from Q1 2008 including strong organic growth and Interwoven stub period 24th consecutive quarter of year-on-year growth Profit before tax (IFRS) up 112% from Q1 2008 to $50.0 million Net profit (IFRS) up 110% from Q1 2008 to $34.5 million Operational gearing sees operating margins (adjusted) at 45%, from 30% in Q1 2008 Average selling price for meaning-based computing at $385,000 (Q1 2008: $380,000) 12 OEM deals signed including new deals and extensions with Symantec, Proof Point and Verdasys Cash balance considerably higher than expected at $132.3 million due to very strong pre-close collection Gross margins (adjusted) at 90%, up from 89% in Q1 2008 Fully-diluted EPS (adjusted) up 71% from Q1 2008 Blue chip first quarter wins include Telecom Italia, Play.com, NetApp, Society of Petroleum Engineers, Toyota, Barclaycard, MetLife, Oxford Press, Lockheed Martin, Genentech, Telmex, T-Mobile, Sky, Bank of America, Bank of Thailand, Deutsche Bank, CMS Cameron McKenna, Singapore Airlines, Lloyds TSB, JPMC and Nikon. DSOs stable at 88 days for Q1 2009 Deferred revenue up 65% Cash flow from operations more than doubles, up 104% year-on-year ($51.1 million in Q1
http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2133054&source=RNS
It's going to get much worse................ just wait for when the housing reposessions start to climb rapidly at the end of the year! Then there's the 'Joker in the Pack'.....the Middle East :-0