Eredene Capital HOLD 13/08/2010
India-focused investment fund Eredene Capital reported a strong set of results for the year to March, with its net asset value rising to 23p (21.9p).
India-focused investment fund Eredene Capital reported a strong set of results for the year to March, with its net asset value rising to 23p (21.9p).
Russia-focused Highland Gold Mining says its combined first-half production rose 10% to 86,505 oz of gold and gold equivalents.
Media Corporation has upped customer numbers 29% to 100,000 at its October 2009 Purple Lounge online casino and poker acquisition.
Peru copper play Metminco says drilling has identified eight major targets in a cluster at its Los Calatos project.
Prospects at cash-rich drug discoverer Proximagen, which focuses on neurological diseases including Parkinson's, have been boosted by the signing of a deal with the National Institute of Health in the United States.
Avocet Mining says drilling in the Souma Trend of Burkina Faso's Dynamite prospect in West Africa has yielded 'positive gold grades'.
Our need for energy – secure, sustainable and, crucially, affordable – has never ranked as highly on the global political agenda. What’s more, these exceptionally straitened times are causing organisations large and small to rigorously examine their outgoings. So it stands to reason that any company that can help businesses both cut costs and reduce their carbon footprint should be well placed for profitable growth.
George Lossius, chief executive of Oxford-based publishing software and systems concern Publishing Technology (PT), is looking forward to exploiting the new era in digital publishing for the company. PT has become profitable for the first time since it assumed its present form in 2007 and followers are now looking for solid growth.
Membrane roof specialist Hightex is projected to grow profits strongly in the years ahead, having secured major contract wins for the 2012 UEFA European football championships in Ukraine and Poland, among others.
Repositioned as a provider of compliance software-as-a-service (SaaS) solutions, Access Intelligence has been turned around and set upon a profitable growth path by a new management team led by IT sector sage Michael Jackson, overseeing developments from the executive chair. Bulls believe that Access Intelligence is now perfectly placed for growth, against a rising tide of regulation and legislation engulfing private and public sector organisations.
Nigel McCue, CEO of Lamprell, a leading provider of engineering services to the oil and gas industry, is one experienced industry hand who suspects BP’s traumatic rig disaster in the Gulf of Mexico could have long-term benefits for his company. He suggests that it will lead to tougher mandatory safety measures and features.
Specialist consumer publisher Future, turned around since 2006 by enthusiastic CEO Stevie Spring, is looking forward to strong profits growth after coping admirably with recessionary pressures as well as distribution problems in America.
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Central Asian gold producer Anglo Asian Mining has turned a $2 million (£1.28 million) interim loss into $6.2 million first-half pre-tax profits.
Legal fees and related insurance and services specialist Abbey Protection has increased first-half pre-tax profits 9.3 per cent to £4.7 million.
'Green' food safety and life sciences group PuriCore targets monthly profits by late 2011 after trimming first-half losses to $5.1 million (£3.3 million).