LSELondon South East
IIIInteractive Investor
DTMdiscussthemarket.com
JQW Ripley94
09 Nov 2015
RNS Down 20%
ULT sporty investor
09 Nov 2015
fao:wul No posts for nearly a week from wul! Has there been any progress with your reporting to the concerned (?)government agencies / departments about the way, the ultraists bod ditched the private investors for their personal benefit..
CARR Meanbugger
09 Nov 2015
Steady as she goes No great surprises with the final results. Borrowings were lower than expected as Carr's continues to generate cash. Another small acquisition in Morpeth adds to the country store network. Slightly disappointing on Aminomax with the indication that it will have a difficult year but this is inevitable with falling commodity prices leading to the cost of alternative feeds falling. A reasonable increase in the final dividend and indications of further progress this year in pre-tax profits so it looks like a hold for now.
SCE theprior
09 Nov 2015
Re: Intriguing "Watch this space" comment Sounds promising, Gretel. A busy factory is just what the doctor ordered.Hope we have "game changing " news soon, the year end is fast approaching !Regards,TP
OPAY bushwhacker
09 Nov 2015
Re: Name Change Capital Market Day tomorrow, thanks incredibull, trading update and name change, exciting times for all involved
PGD ajinbali777
09 Nov 2015
Earn in agreement Well this latest news took me by surprise!! Last chance saloon or very clever? I'm trying to read it with rose tinted glasses and but it looks like a slightly strange thing to do given the situation on their main Argentine plot and the possible change of attitude of governor (Mario Neves) at Huemules! So must wait and see how this unfolds!
QPP phil and leggett
09 Nov 2015
Cashback... Would you like cashback...Phil...
ATC Seisman1
09 Nov 2015
Stockton Mine Update Atlantic Coal plc ("Atlantic Coal" or the "Company"
Stockton Mine: update on Mammoth seam development, production and sales. The Board of Atlantic Coal, the AIM listed anthracite coal mining company operating in Pennsylvania, USA is pleased to provide updates on the development of the Mammoth seam at its Stockton Mine, together with updates on the Company's recent anthracite production and sales. Atlantic Coal owns and operates the Stockton Mine ("Stockton" which is located near Hazleton, Pennsylvania.Mammoth seamThe Mammoth seam has now been uncovered in the current mining cut at the bottom of the basin at Stockton. As anticipated from the study of old underground mine plans, the seam is almost solid anthracite, containing very few old mine workings and averaging 30 feet in thickness.This anthracite seam of will be worked over the coming months, providing both feedstock for the production of clean anthracite products and raw anthracite for sale to other processors. It is anticipated that the next cut will reach the bottom of the basin again in the latter part of 2016 and as excavation progresses the directors believe that substantial quantities of anthracite will also be recovered from the shallower 'Primrose', 'Orchard' and 'Diamond' seams, as well as from the Mammoth seam in the limbs of the synclinal basin.Anthracite production For the ten months to 31 October 2015, Stockton anthracite production was 164,328 tons. This represents a 26% increase relative to the ten months to 31 October 2014, where production was 130,357 tons and represents 99.6% of the total production of 165,052 tons achieved in the full year ended 31 December 2014.Anthracite salesClean anthracite product sales from Stockton for the ten months to 31 October 2015 were 151,384 tons and raw (run of mine) sales were 69,205 tons, a total of 220,589 tons. With respect to clean anthracite product, this represents an 18.5% increase on the ten months to 31 October 2014 figure of 127,780 tons and represents 98.5% of the total sales for the full year ended 31 December 2014 of 153,662 tons. Raw anthracite sales only commenced in the spring of 2015.October 2015 was a record month for clean anthracite product sales, with 24,066 tons sold. Raw anthracite sales for the month were 2,825 tons.Atlantic Coal's Managing Director, Steve Best, said: "The excellent performance of our Stockton Mine continues with record year to date production and sales. As we still have two months of production and sales left in 2015 we are confident of beating our previous record production and sales by a significant margin. It is particularly pleasing to see a record monthly sales figure in October and this, together with our healthy inventory of both clean anthracite product and raw anthracite gives us confidence for Stockton's performance for the remainder of 2015 and the winter season running into 2016.Our investigation of old underground mine plans had indicated that that we were approaching areas of thick Mammoth seam which were largely unworked, but as mining is never predictable we could not be certain of this. We are, however, now on our second cut of 30 feet thick almost solid Mammoth seam and this gives us a high degree of confidence that this will continue over the rest of the life of Stockton Mine."
SCE gretel
08 Nov 2015
Intriguing "Watch this space" comment ....on Facebook from SCE after the Advanced Engineering Show....[link] the Show is over and everything packed away after a successful couple of days working with our good friends at the Niche Vehicle Network. It was also good to meet up with both current and also new contacts and discuss all the exciting new projects that they are working on: hopefully a new application or two will come out of those discussions. It looks like being an even busier time in the factory at Ellesmere Port over the coming weeks and months. Watch this space"
TCM justfactual
08 Nov 2015
Re: Paul Scott Taken from a post by Marben...'want to put a couple of counterarguments. You (PS) say:"You have to run to stand still these days, so development costs are not in any way long term projects that should be capitalised."Now that is true, of course, where a business is not growing rapidly and introducing new product families. In the case of TCM, however, revenues have been growing at a healthy 27% CAGR. Much of that growth will be as a result of new product launches (not merely replacements for existing product lines).In that respect, development expense is directly analogous to a company having new tooling made and/or adding to factory space, in order to manufacture new products for sale. Can't recollect anyone suggesting that such costs should be expensed rather than capitalised.It's worth checking the amortisation policies in such cases. Paul is quite right that the life of tech. products is relatively short, compared to traditional manufactures and the amortisation rate for any capitalised development expenditure should be correspondingly high. Telit's policy is as follows:"Internally generated intangible assets are amortised on a straight-line basis over their useful lives, typically 3-5 years, from the date at which such assets are available for use. Where the internally generated intangible asset is not yet available for use, it is tested for impairment annually by comparing its carrying amount with its recoverable amount."That doesn't seem unreasonable to me.Finally, a number of posters have described Telit as a "software company". The vast majority of Telit's sales ($274m in 2014) are of hardware communications modules, which the company designs & manufactures for its customers. A large part of the capitalised costs will be the design, testing and obtaining regulatory approval of these modules.Yes, accounts would be "cleaner" if such development costs weren't capitalised, but is it unreasonable to do so? It has also been argued that doing so is mandatory under IAS 38, which states:"This Standard requires an entity to recognise an intangible asset if, and only if, specified criteria are met." '
TALK II Editor
08 Nov 2015
NEW ARTICLE: Trends and Targets for 9/11/2015 "TALKTALK PLC (LSE:TALK) starts a "Shares In the News Week". To be honest, we'd absolutely no emails about Talk Talk despite the smelly stuff hitting the spiny thing. Therefore we made a conscious decision to ignore the share aside from snarky ..."[link]
OPAY incredibull
08 Nov 2015
Re: Name Change Tuesday 10thSee the H1 statement. It was fully shown there.
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