Walvis Bay is the last fuel stop from mainland Africa across to the GOM. Is there specific information that Rowan are contracted to drill for Tower? Given the current position on ais, the Sevan Louisiana was moored there about 2 weeks ago, enroute to the GOM from Korea. A straightforward crew change and fuel re-supply.
- Full-year results expected to top previous expectations - Strong demand from UK and US - Third quarter profit leaps 54 per cent FTSE 100 equipment rental business Ashtead reported a bumper set of third quarter earnings, driven by a strong performance from its two main divisions, and now expects full-year results to come in ahead of previous expectations. Underlying pre-tax profit surged 54% to £80.4m for the third quarter ended January 31st 2014 from £53.5m a year earlier. Revenue for the quarter jumped 22% to £400.1m, while earnings per share increased 51% to 10.1p. Ashtead, which makes 85% of its revenue from its US division Sunbelt, reported total nine-month pre-tax profit of £293m, up 51% at constant exchange rates. During the same period Sunbelt rental revenue grew 22% to $.5bn, driven by a 17% increase in fleet on rent and 5% improvement in yield. A-Plant delivered rental revenue of £181m, up 33% on the prior year. "As a result, we now anticipate a full-year profit ahead of our previous expectations and the board looks forward to the medium term with continued confidence," Ashtead said in a company statement. "Our strong performance continued in February. With this continuing momentum in the business we now anticipate a full year profit ahead of our previous expectations and the board looks forward to the medium term with continued confidence."
How many earth quake tremors have we had from the North Sea since 1970 ? Has anyone ever heard of any? My house looks at the North Sea and I've never had a window rattle yet. The problem with fracking is it's been overtaken by nimbies who object to anything. The North east is built on old mine works, my house is..... Still no earthquakes yet. So if it's not possible to quote earthquakes, then the newts or bats will have to put in an appearance. There is open cast mines within 2 miles of my home, you wouldn't know they are there, a frack setup has a much smaller environmental footprint than open cast. Checks and balances don't exist anymore, it's all about the newts nimbies and bats. Ahem, thank you for listening, let's frack !
On the HL site, there are 6 sells out of 5 pages /100 trades
I've recently bought 2 batches, first at 37p and couldn't help myself at 33.4. Let's go QPP.
What is noticeable - to a newcomer, on the trades on HL none are particularly big.