Member Info for Walkley

Financial highlights · Group revenues of £4.3m (H1 2010: £3.5m) · Group EBITDA loss before exceptional items of £0.6m (H1 2010: profit of £0.4m) · Loss before tax from continuing operations of £1.9m (H1 2010: loss of £0.3m) · Abnormally low wind speeds across the UK resulting in over £1m of lost EBITDA · Total cash resources of £7.6m · Proposed interim dividend of 0.5p per ordinary share No wind eh? Bit of a bummer that! Have a look at the profitable Alternative Energy company - Alkane (ALK)

Hopefully this is the start of a positive stream of news building up to the results on 28th March. These will show for the first time what Parseq really is. This from a holder of the original SEN shares. Hoping that this will allow the market to properly evaluate this company.

As Mouchel is still possible should I repeat my sell Costain and buy Mouchel routine that worked a few weeks ago. Or are Mouchel just stupid and won't let anyone put them out of their misery - without abid the shares would drop like astone? How long does due diligence (by Interserve) take? How much digging did Costain do when they were in discussion with Mouchel - must have been worthwhile as they apparently upped the offer from the second offer value about 175p (Mouchel current 153p)

+7% on top of 3% yesterday - But no statement about whether talks actually taking place. If they are do they have to say. Does silence mean that the Turkish company boss was just talking about what he might like to do?

They say renaissance looking to pay 300m Euros when Costain valuation only worth 180m Euros - sounds good to me!!! Every thing else fits they say target is 140 years old and at top of web site Costain boasts about "...being a leading UK engineering and construction company, which has a portfolio spanning more than 140 years of technical excellence and a vision to be one of the UK’s top solutions providers"

"The Company has seen a strong start to the trading year with an uplift of new orders in the first quarter compared to the previous year. Overall revenues for the year to date and resultant profitability are significantly ahead of last year, the acquisitions made are performing to plan or better and the company's cost base continues to be very well contained. As in previous years the weighting of delivery and revenue recognition will be towards the second half of the year, especially with Easter and other public holidays falling close together in April, usually a period of high activity for the company. "There continues to be an attractive pipeline of possible acquisitions which meet the Company's exacting criteria and the potential acquisition of LalPac announced on 9 February 2011 is being progressed with the Office of Fair Trading (OFT) for their consideration. "Although it is still early in the trading year to make confident forecasts on outlook, particularly during a period of continuing economic uncertainty, we are very encouraged by progress so far."

Seriously look at this company's profit and cash generation - and now dividend yield.

Maiden results must be due soon.

This seems to suggest that a settlement has been reached. Full judgement: http://edocket.access.gpo.gov/2011/2011-1419.htm "In the Matter of Certain MLC Flash Memory Devices and Products Containing Same; Notice of Commission Determination Not To Review an Initial Determination Granting a Joint Motion To Terminate the Investigation in Its Entirety Based on a Settlement Agreement; Termination of Investigation...."

".....either more capital for expansion" Aaargh, please not more money to burn.

Current market cap about £20m - with t/o last year £18m (at 9 months said up 27% on last year - say £23m) Loss last year £3.5m - No certainty of profit this year based on 9 mths update. So all I am asking what would a fair market cap be - assuming £2m profit - perhaps £20 market cap! But £2m profit is, I would suggest, a long way away.

After years going nowhere - it looks as if the market has suddenly discovered IDOX - the dividend will have helped but perhaps they are at last beginning to factor in the earning enhancing acquisitions.

This really is a cash cow. The dividend has been trebled. Directors bought at 12p and 12.4p in October - now 16.75 and going up.

Idox still expanding

From the Stock Exchange web site - Not sure who writes it or whether it means anything but sounds OK: "Status and Trend Analysis Parseq's medium-term technicals confirm its negative trend line. Yet, in the short-term view the downturn looks less marked, and we could see a reversal towards the 8.25 resistance level. On bullish cues the stock could reach the target high of 9.75, while first support is seen at 6.75. Risk Analysis Here is an investment for risk-loving investors, who will choose to venture large sums despite the security's high daily volatility of 6.25. With daily volume equalling 880,857, above the moving average of 417,464, Parseq is clearly attracting interest in the market."

Too late they are moving up again - just bought another 10k at 7.21p

Worth looking at a company called Renewable Energy (WIND) same t/o as Alkane but makes £3m loss compared to Alkanes £2.1m profit. Renewable's market cap £45m, Alkanes £19.3m. Renewable have £22 in cash and have just turned down a bid but it makes Alkane seem v cheap.

Two companies in alternative energy: Alkane m/cap £19m Renewable £45m. Both have t/o about £6m but Alkane makes a profit (repeat profit) of £2.1m compared to Renewables loss of £3m. Alkane's output of their main business is 120GWh (last year 95 GWh) compared to Renewables 39.3GWh (down from 41.1GWh the previous year). There also does seem to be a problem with energy price Renewable's v high fixed price deals are expiring, Alkane is fixing new deals higher than last year. Now Renewable do have £22m cash but that wont last long at this rate. I think the bidder should be relieved that their offer was turned down.

http://tinyurl.com/6djop9x - Pre close trading statement t/o £17m. "The company still expects solid double digit organic growth in 2011 in terms of revenues and earnings.." though earnings below market expectations in 2011. Double digit sounds ahead of my expectations when called IEN!

From the stock Exchange wesite "Technically, Alkane Energy is in a strong uptrend with resistance in the 24.08 area, while the most immediate support is listed at 20.08. The trading outlook is positive, with the bulls likely to target the 28.08 level (green line in the chart)." May just be mumbo jumbo but 28p would be nice!