Friday 30 March 2007

Tommy the beagle takes over

Sorry to any daily visitors. I've been rather remiss this week on keeping things up to date. This is soley down to my beloved beagle puppy (8months now) Tommy.

He's become so strong that I can hardly hold him now when out on our 5 mile walks if he decides to try to chase something, so he is about to become one of the most spoilt little beasts in the land with a newly fenced off 1/2 acre of land to romp till he drops, all to himself. Being a hound dog if he gets the scent of something he won't come back when called, so has to be kept on a lead all the time now, but he really needs to get his head and run around to tire out properly.

So I've been out helping the contractor put up a 6' fence which is proving rather harder than anticipated due to how hard the ground is. We're having a heck of a job getting the posts in and that's even with the hydraulic post thumping thing.........(probably not the right name for it....lol)

Just a few more days and he'll get back to playing football and frisbee catching though.... I hope.

Anyway.........please bear with me and I'll try to do a round up of the weeks events at some point over the weekend.

Just for my own amusement I might do a regular Tommy update (he's a character and a half) and have created a label just for him.....lol

Sunday 25 March 2007

Tanfield results due tomorrow

Guest blogger "John Smith" has passed on this info - thanks again John. Others please feel free to email me info on any share discussed here or any other you wish to see written about on here.

Company results due out tomorrow, and a nice little mention in the Sunday Times.
http://business.timesonline.co.uk:80/tol/business/money/investment/article1563566.ece
extract from full article
So where are the best places for you and your conscience to put your cash right now? One to consider is Tanfield group, which produces a range of environment-friendly vehicles for businesses. Its newest vehicles have ranges of 120-130 miles between recharges and can go up to 50 mph, more than fast enough for most urban environments — which is where the company envisages them being used. Think internet home shopping and grocery delivery; food distribution; parcel, mail and logistics firms; and waste collection and recycling companies. They can all use Tanfield vans, and increasingly they are. Sainsbury’s uses them to distribute chilled foods for its online division and several other operators have them on order.

Last month the company also signed a “significant supply agreement” with M&S to replace some of the store chain’s diesel delivery fleet.

There is huge momentum behind this company —– since December it has had no less than six bullish trading statements and the group’s sales of zero-emissions vehicles in the first half of 2006 were almost as high as sales for 2005. Yet the shares still look cheap: they trade on a price/earnings ratio of 15.5 times despite having forecast earnings growth of over 100%.

Friday 23 March 2007

Global Coal Management update

I have had a query from a visitor as to why Asia Energy now Global Coal Management's price fell so much in the first place.

The company purchased the rights to mine for coal on an open-cut mining basis in the phulbari region of Bangladesh. According to Asia Energy the coal reserve in this mine is 572 million tons worth US$21 billion over 30 years, which could provide the Bangladesh government with revenues of 1% per annum of it's country's GDP.

The area to be mined is 59sq hectares and encompases many villages and agricultural areas and obviously the local people are against the decimation of their land , but their biggest issue seems to be that it is a forgein company that will be doing it. They would rather wait until Bangladesh have their own expertise and specialist equipment to carry this out for themselves.

Protesters gave the then Asia Energy a deadline to leave the area and a protest by approx. 30,000 people on August 26th 2006 resulted in 5 or 6 people being shot and teargas being used on the protesters by security forces. The stock price went into freefall and the company asked for their stock to be suspended in August 2006. They returned to the AIM in October 2006 with their share price at 95p.

It appears that since then the company have changed their name and are in discussion with the government about the continuation of the project after they were banned from operating in August 2006.

There are no guarantees that they will be given back full rights to develop this mine, but they are still working to achieve this. This is why it is down on my list as a recovery stock, but no recovery stock has guarantees built into it.

If you are a low risk investor or ethical investor, this punt is not for you.

However since I first blogged it and bought some at £1.31 the price today is at a bid price of £1.60 and I'm showing a 20% increase including costs for the shares I bought. For a lot of people a 20% gain is their target and they sell and move on. However, having bought this as a recovery stock and not put a lot of money into that because of the risk, I'm going to let this ride for a bit and see what happens with the elections.

For further information on what happened, please read the folowing link. I won't copy the story onto here because of the length of it.

http://www.meghbarta.org/nws/nw_main_p01b.php?issueId=6§ionId=20&articleId=471

Appexpress by Endeavors Technology (TAD.L)

Tadpole Technology streaming division Endeavors Technologies is now well placed to become the de facto choice for the enterprise market with its Appexpress suite of products following out of court settlements with Microsoft and Citrix regarding it's patents for streaming.

Appexpress was certified by Microsoft in 2003 after rigourous independant testing by VeriTest, which makes it clearer as to why they didn't fight too hard regarding the patent issue.

Endeavors is a pioneer and tough leader with 9 patents granted and 18 pending, including the first ever patents granted for streaming applications.

***************
http://www.tadpoletechnology.com/dynamic/news/2003/120.html
Endeavors Technology's AppExpress Software Becomes Premier Application Streaming Product Certified For Microsoft® Windows Server 2003

Independent Testing by VeriTest® and new Gold Certified Partner status from Microsoft places AppExpress above the competition in assurances for enterprises and ISVs of a reliable, swift mechanism to stream applications to the desktop on-demand.

Irvine (CA) and Cambridge (UK), November 3, 2003: Endeavors Technology, a leader in on-demand application streaming and desktop application management, today announces that its flagship product, AppExpress, has been certified for Microsoft Windows Server 2003 Standard, Enterprise, and Datacenter Editions. This milestone results in Endeavors Technology obtaining Gold Certified Partner status with Microsoft. Both designations are among the first on-demand application delivery companies.

The independent testing at VeriTest assures customers that AppExpress provides the highest levels of reliability, availability, security and supportability. The Microsoft Gold partner affiliation maximizes opportunities within the Window-based business community.

The certification and partnership highlights Endeavors' on-going commitment to providing customers with a reliable, high-performance product. AppExpress lowers the total cost of ownership (TCO) by offering an enterprise-class solution that changes, in an affordable manner, the dynamics of desktop application delivery, installation, usage and management. AppExpress enables the rapid deployment of software to desktops while providing strong license management control features. AppExpress has proven successful as a trialware solution as well by allowing ISVs to run full-product try-before-buy campaigns that have the added advantage of application usage monitoring and anti-piracy controls.

The rigorous independent certification testing process of AppExpress was conducted by VeriTest, the testing division of Lionbridge Technologies (Nasdaq: LIOX). VeriTest is the only authorized worldwide lab to test applications for Microsoft's "Certified for Windows" program. Using a set of stringent standards established by Microsoft and VeriTest, the program uniquely identifies applications that are secure and manageable, and run reliably on the Microsoft Windows family of operating systems.

Microsoft's certification ensures AppExpress has seamless integration with Microsoft's industry-leading server platform. Endeavors Technology's Windows certification reports are available at http://cert.veritest.com/CfWreports/server/SearchResults.asp?co=2212&lo=0&bs=Search&pr=0&pc=0.

"Microsoft is pleased that Endeavors Technology has achieved Certification for Windows Server 2003 Standard, Enterprise, and Datacenter Editions," said Dennis Oldroyd, Director, Windows Server Marketing, Microsoft Corporation. "Given the critical service requirements, customers will choose streaming application vendors they can trust to deliver. This certification gives Endeavors Technology's customers confidence about choosing AppExpress as a reliable, secure, and available Windows solution for their software streaming, license compliance, piracy prevention and user management needs."

Endeavors Technology joins an elite group of companies that are Microsoft Windows Server 2003 Datacenter certified. They include Microsoft Corporation, Citrix Systems, Computer Associates International, Inc., IBM Corporation, CommVault Systems, Inc., LEGATO Systems, Inc., NetIQ Corporation, NSI Software, Trend Micro, Inc., and VERITAS Software Corporation
************************

Wednesday 21 March 2007

Tanfield Group

From the RNS's issued yesterday I see that Prudential Plc is building a big stake in this company.

The first RNS at 9.48am said they had an interest in 3.63% of the company the second at 11.32am an interest in 12.94% of the company an increase of 25,509,920 shares or 9.31% in the space of 2 hours.

That is a loud shout about where they see this company heading pricewise!


RNS Number:2806T Tanfield Group PLC 20 March 2007
Tanfield Group plc (the "Company")
Holding in Company
The Company was informed today that Prudential plc has an interest in 12,291,551 ordinary shares in the Company which represents approximately 3.63% of the issued share capital of the Company.

RNS Number:2928T Tanfield Group PLC 20 March 2007
Tanfield Group plc (the "Company")
Holding in Company
The Company was informed today that Prudential plc has an interest in 37,801,471 ordinary shares in the Company which represents approximately 12.94% of the issued share capital of the Company.

Tuesday 20 March 2007

Tadpole Technology, Endeavors Technology, Geospatial Solutions Division

Well today's news out of TAD is the exercising of warrants by Divestcap of 4,250,000 of the potential 17,000,000 warrants they have for shares in TAD at 1p per share.

Is this good news or bad news? Who can tell!

Well when you look at where TAD were just a few months ago it's lucky they are still in existence. Consultant to the company Peter Bondar the flying doctor has indeed flown in, had a look and started clearing up the mess of his predecessors Steig Westerberg (spit) and his predecessor Keith Bigsby (spit spit).

The opportunities that were there for TAD a few years back were all missed because the people holding the reins (eh Keith - jolly day out) had their own agendas and they had nothing to do with providing value to shareholders. Also (and I have said this on numerous occasions over on the iii BB) Steig and Keith were both accountants...................accountants are NOT salesmen, they are too busy counting beans to see opportunities or understand what is required to achieve sales!!!!!!!!!

The wind of change is blowing through Tadpole, Endeavors, Geospatial group just now and instead of a chill wind there seems to be some warmth in there now.

Positives

  • Microsoft have agreed that Streaming patents belong to Tadpole/Endeavors. This came about due to them buying Softricity (a competitor to TAD) and by the looks of things the MS team not completing proper due diligence into what they were buying. [in my own humble opinion]

  • Citrix have signed an agreement: The agreement grants Citrix access to and the right to use the patents granted, and pending, and software, developed by Endeavors and Stream Theory, in all Citrix products.

  • Tadpole Cartesia has been sold for a dollar, but with Geospatial retaining the rights to future royalty payments against sales made by TCI of the GO! Sync products at 50% of the Value Added Reseller (VAR) list price. Lets hope they do well then. This in turn frees up the the Geospatial Solutions Division to focus its financial and managerial resources on accelerating the development of new application and market areas, including the iPlan product suite.

  • Tadpole awarded contract to deliver Google Earth based application to BP International. BP International has contracted Tadpole Technology to develop a proof of concept application utilising Google Earth. The application will be delivered to BP Group Fire Advisor to improve the management of system integrity and regulatory compliance across all sites, worldwide

  • A new contract draft has been received from OS and negotiations on the detailed terms are in progress for the Geospatial Solutions Division.

  • The immediate need for further funding has been removed by the recent announcements, but the directors will monitor the progress of the group to evaluate the options for further funding that may be required.

Negatives

  • Divestcap have exercised 4,250,000 warrants at 1p per share and still have 12,750,000 they could exercise.

  • Further funding 'may' be required depending on the cash generated in the second half of the financial year.

My personal opinion is that the positives do outweigh the negatives, but this is where it all comes back to continuity. Can Peter and Mark keep the momentum started this year going and get cash generative sales under their belts in time to give the shareprice an opportunity to find a base and grow, or are we going to see a drift back down due to lead to sale times being too slow.

I would hope that the results of attending MMS2007 would lead to several good warm leads to be followed up over the rest of the year and that they will use the massive savings that Parsons have achieved by using Appexpress as leverage to close deals quicker than have been done in the past..........well considering the last 2 years.......to close deals full stop! LOL

For the Geospatial side of things, I would hope that they can build on their deal with BP and we would see a roll out of this to other major oil companies of which there are many and that in turn Endeavors can see these oil companies as warm leads to sell the streaming of applications to (if we are not already going to get revenue from Citrix because they already deliver apps to oil companies, I don't know)

Share Liquidity - warning

When looking for shares to invest in, unless you are intending to be in one for the long haul, check out the liquidity of it ie. the volume of shares traded on a daily basis.

If there are a lot of days that no shares change hands, then you will get in easily enough, but could be trapped there waiting for specific news to get activity in the share to get the price up to then achieve a profit and get out again. You could be trapped for 3, 6 ,9 months or more.

In first year of share dealing this happened to me a few times. It's all a learning curve. :o)

Fujin Technology - Director options

The RNS yesterday laying out the director options tell you where they expect the price to be within the next 5 years, or their hopes for it at least.

The options granted from the unapproved scheme are exercisible 1 year from the date of issue but expire in 5 years time. The interesting thing is that all the options have price targets attached to them. The current offer price is 29p.

From the RNS
"The options will be exercisable in three equal tranches: the first tranche when the share price reaches 58p; the second when the share price reaches 87p and the third when the share price reaches 116p."

I still think the illiquidity of this share is the biggest issue for private investors as it makes it very difficult to get movement in the share price if there are no spare shares to be traded. So once you are in you could be locked.

Saturday 17 March 2007

TNT endorse Tanfield electric lorries

For those of you who are follwing the Tanfield Group section of the blog, just in case you didn't notice that my anonymous contributor had added this into the comment section, I've pulled it up to a new blog as it's well worth a watch.

TNT have been trialing 2 electric lorries from Tanfield and state in the news reel that normally a truck would cost £110 per week in deisel fuel but these cost £25 per week to run and they don't incur congestion charge.

At the end of the reel it says that TNT are considering putting in an order for 200 of these. I reckon the rise so far in this share is not at an end, so if like me you are watching instead of purchasing.......maybe we should make a move before we miss out as a large order like that from TNT should surely wake up other companies to the benefits of London deliveries by electric vans/lorries.

http://news.bbc.co.uk/player/nol/newsid_6200000/newsid_6201300/6201393.stm?bw=bb&mp=wm


UPDATE ADDED ....... the article is from December so perhaps already priced into the shares.however if you go to the TNT website and read this link, then I think you can assume that one order would lead to more looking at their concerns over being 'green across europe'

http://www.tnt.com/country/en_gb/about/pressoffice/news/news_from_2006/22122006b.html

and an extract from this article suggests 3000 vehicles could be ordered.

http://www.thisisthenortheast.co.uk/business/news/display.var.1058423.0.tnt_trial_to_trigger_explosive_growth.php
The Tanfield spokesman said: "If they did decide to roll it out across the board, potentially that would be an order of about 3,000 vehicles.
"Undoubtedly, if we got such an order, there would be a significant impact on the size of our workforce. Even as it stands, this will have a really big impact on the North-East."

Caterpillar Inc

I'm still watching this one with a view to adding to my ISA, but as it is drifting down just now due to the uncertainty in the Dow with US economic worries, I'm waiting. But I still see their growth coming from their depth of coverage in Asia a growing economic climate.

I still think that moving their Asian headquarters to Beijing is significant to where they see their future growth happening too. There seems to be a lot of activity in Japan, China and India for the company.

Some articles below, you may already have read, but pulled together it provides a picture.

------------------------------------------------
http://www.msnbc.msn.com/id/17185839/
Caterpillar (CAT), known for its yellow bulldozers, could be called a trailblazer in Asia. The Peoria, Ill.-based construction equipment maker has been moving much of the business overseas and investors are finally noticing. Shares of the compnay rose 2.5% to $67.82 on Feb. 15 on news that Caterpillar executives are discussing a plan to buy most of Shin Caterpillar Mitsubishi Ltd. [SCM].
The company's global expansion started way back in 1963, when Caterpillar and Mitsubishi Heavy Industries Ltd. formed Caterpillar Mitsubishi Ltd., one of the first joint ventures in Japan to include partial U.S. ownership. They eventually renamed their shared construction and mining equipment making business Shin Caterpillar Mitsubishi. Now Caterpillar and Mitsubishi have signed an agreement to complete a new plan under discussion, in which Caterpillar would own most of Shin Caterpillar Mitsubishi's shares while Mitsubishi has the rest, according to a statement released from Tokyo on Feb. 14.
----------------------------------------------

http://www.jconline.com/apps/pbcs.dll/article?AID=/20070313/NEWS09/70313011
Caterpillar Inc. plans to shift production of a large engine from its Lafayette plant to India next year. But company officials don't expect the move will come at the expense of employment at the Large Engine Center, which has a work force of approximately 1,600 employees.The Cat 3508 engine can provide power to electric drill rigs that are used in oilfields, and is increasingly being utilized in oil exploration in Southeast Asia."The 3508 production is moving from Lafayette to India in 2008," said Caterpillar chief corporate spokesman Rusty Dunn. "The demand for the 3508 engine continues to be greater than the manufacturing capacity in Lafayette today. A portion of that demand is currently being driven from increasing volumes of the 777 mining truck ... mainly used in Southeast Asia."With this move Lafayette is going to be able to alleviate some of its current capacity constraints. There will be no negative impact on our Lafayette work force. In fact, we're in the process of hiring additional people as they prepare for production of the new C175 (diesel engine)."

http://www.boston.com/news/world/asia/articles/2007/02/15/caterpillar_to_raise_stake_in_mitsubishi_heavy_jv/
Late last year, Caterpillar said it expected sales in China to quadruple as a percentage of its global sales by 2010 as the country rapidly builds more ports, energy projects and roads, and moved its Asia Pacific Operations headquarters to Beijing from Tokyo.
Caterpillar Asia Pacific Operations spokesman Jim Dugan said Japan represents a mature market for his company where it makes high-quality products, and China is a market with a large growth potential.
"It (the announcement) is really a sign of our recognition of the importance of the Japanese market to Caterpillar and our commitment to that market and our customers in Japan," he said.
Goldman Sachs analyst Kunio Sakaida wrote in a note to clients that he sees the news as positive for Mitsubishi's stock price as it would enable the company to concentrate its resources on diesel engines and turbo chargers, the outlook for which is good.
The venture, established in 1963, produces and sells hydraulic excavators, wheel loaders and bulldozers. It booked sales of 386 billion yen ($3.2 billion) in the business year ended March 2006.

Friday 16 March 2007

Come on don't be shy!

I put a site visitor counter on the other day because I wasn't sure if anyone was coming and reading anything on here as no-one is commenting on anything.

My email address is on there too, so come on don't be shy, if you think I'm speaking rubbish feel free to say so, if you think I'm saying something worth reading then equally let me know, so that I can post stuff of interest to people.

Cheers ma dears x

Tadpole Technology - Softbank

Ok, well in a post last night I mentioned that I thought the Softbank deal was up for renewal or renegotiation…………..how spot on with the date was I, I even surprised myself.

“At the beginning of each of the succeeding three years of the agreement term, Softbank has the option to renew its rights to exclusivity and continuing use of the software on payment of an annual support and maintenance fee of approximately $1.0 million per annum”

Dates for agreement

“(being 15 March 2004 in respect of StreamFlow and 8 June 2004 in respect of StreamWeaver).”

So a 3 year deal started on 15th March 2004 brings us nicely up to 15th March 2007 – back to the table time…….if they still want to use our products.It will be interesting to see if we get a further contract with them or information that the deal has ended.

http://www.tadpoletechnology.com/downloads/investors/tadcirc2409.pdf (2004)
4. Agreements between StreamTheory and Softbank
StreamTheory has signed two agreements with Softbank. One agreement is dated 14 November
2003 and grants Softbank a one year term to allow Softbank to test StreamTheory’s software.

The other agreement is dated 4 March 2004 (as amended) and relates to the exclusive licence anddistribution by Softbank of StreamTheory’s software within Japan (the “Softbank Licence
Agreement”). The Softbank Licence Agreement allows Softbank exclusively to use StreamTheory’s Stream Flow and Stream Weaver software within Japan from the date on which initial software was installed successfully (being 15 March 2004 in respect of StreamFlow and 8 June 2004 in respect of StreamWeaver).

A material aspect of the Softbank Licence Agreement relates to Softbank’s contractual obligations to purchase StreamTheory software and its option during the term of the licence to purchase additional software at a specified price, thus potentially increasing the total contract value. The initial value of the Softbank Licence Agreement is $9.7 million. During the first year, Softbank is contractually committed to place orders totalling $6.5 million, comprising the software licences and the first year’s support and maintenance.

StreamTheory has already billed and received $2.0 million of this amount, leaving a balance of $4.5 million, which the Directors anticipate will be billed and received during the course of the next six months. At the beginning of each of the succeeding three years of the agreement term, Softbank has the option to renew its rights to exclusivity and continuing use of the software on payment of an annual support and maintenance fee of approximately $1.0 million per annum. Revenue under this agreement is recognised rateably over the contracted support and maintenance period.

Thursday 15 March 2007

Tadpole Technology - up again

Well for anyone who has been following my Tad story we had 3RNS's today!!!! and up we went again. Currently showing a 300%+ rise on the cheap as chips shares and still down about 50% on my ISA holding. One day they will meet in the middle one hopes....lol

I was asked to provide a bit of advice by someone over on the iii bulletin board. Clearly I cannot advise anyone what to do so proffered my opinion on what I would do if I were new to this share and followed it with why I'm still holding. Thought I'd copy the post over to here for anyone who might be interested but doesnt use interactive investor. You can read the tread by following the link.

http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ATAD.L&it=le&action=detail&id=3498348&show_recommenders=1

"In your opinion, do you think I have missed the boat (for now) on this one now, or do you think in the medium term (3 months+), there is more to come?"

Hi totalnew

Well..............not knowing your personal circumstances I can only speak from my own perspective on this obviously.

If I were coming new to this share (or any share these days) I'd be looking at what I can afford to lose on itand then at a time like this when there has already been a significant rise I'd take half of what I could afford to lose and buy a stake based on a good bit of research prior to purchase.

The reason I'd only commit half of it is

a) If it pulls back over the next few days, you can then average down your price if you want to commit the full amount to it.

b) You can always top up with the other half if it continues to rise, therefore reducing the average of your higher priced shares by the first tranch bought.

Having said the above, why would you want to still buy into a share that has risen so much over the last couple of weeks and does it still have legs in it?

Well if you look at the marketplace for the streaming technology, it is obvious that it is opening up to the idea of this now, whereas 2-4 years ago it could be said that Endeavors were aways ahead of the markets perspective of what streaming was and what benefits could come out of it.

A recent post by Beau62 (You should read over all of his previous posts) regarding the benefits Parsons have had in time and cost savings by adopting streaming as a method of software delivery vindicates the product for enterprises much more so than the gaming route that the former CEO was trying to take us down.

It is hard to think of any large conglomerate who in todays business climate could not benefit from the 'streamlining' of their IT departments by adopting streaming for delivery of their internal software requirements, without even looking at companies who sell software products to external clients.

I for one would like to see the Tadpole Group utilising their connections and cross-selling within the organisation to each others clients eg BP have thousands of installations worldwide, are a client of GSD but must have at the moment to send IT guys and gals out to sea rigs as well as land rigs to maintain the software provisions for the installations (all rigs have offices on them) over and above the amount of land based offices they have. That one client could keep the streaming side of things busy for quite some time. Get one oil company saving millions on that and the rest would fall in behind like a pack of cards.

With regard to todays news, I think it is just the beginning, if they can build on this achievement to getting the other companies who are currently in infringement of our patents to sign licencing agreements. It should also be a light in the window for potential clients looking at all the streaming companies that if they are about to go down that route, it might be better to choose the company WITH the patents than to go with one who could end up in court for breach and have to stop supplying them.

If we can hold the price roughly where it is now or within a couple of pence then it will form a base for any further news to 'leapfrog' (pun intended) from instead of being at rock bottom.

They have mentioned that they are currently re-negotiating the OS deal and I would assume a further update on that at some point.

We currently have a deal with Softbank, which I believe could be coming up for renegotiation or renewal if I recall the original deal correctly, but I haven't gone back to look at it yet to see if I'm right with that.

A new sales/technical team are being put together which lets face it, is not to service licence agreements so they must be required for something else they have up their sleeves, as you would not hire on a large level without having something for them to do or potentially do.

Wyse are an OEM who currently utilise our product within their own and they should be given confidence by the microsoft and citrix deals that they will not have future patent issues from other directions, this could possibly produce further income for us by them returning for other elements of our products to sell on to their clients if. I don't know enough about the technical side of that to now if thats possible.

My current position is that I haven't sold ANY of my shares today of which my cheapest ones are 1.47p because I feel we are just setting out on a recovery for this company. However as with ALL penny shares, the risks are great and no-one knows what could be just around the corner to knock it back down.

All of the above is some of but not all of the reasons Im holding, but should not be taken as advice.

Tuesday 13 March 2007

Recovery Stocks........cont...

Well I'm still looking for recovery stocks to dip my toe into and my current list is

  1. Tadpole Technology - still doing well and price holding considering a lack of news.
  2. Global Coal Management - up since I first posted on it a couple of weeks ago, although it dipped back a little today. Not a problem, nothing rises in straight lines.
  3. Ramco Energy - nothing on it as yet, but the fact that they are in discussions regarding getting into Iraq is positive, so this one might start moving once the legislation is all sorted out regarding foreign oil companies being allowed to operate blocks out there.
  4. Caterpillar Inc - I've not done anything with this one yet, but it's still my intention to get it into my ISA at some point even if just for the dividend payments.

A new one I want to add to this list today is The Stanelco Group. I held shares in this company a couple of years back and they didn't perform well, but unlike my Tad holding which I forgot to let go of, I sold them at a loss but yet again kept them on my watch list. Asda were running trials on one of their products when I held them before but nothing much seemed to come of that at the time.

Today the price hit 1.08 : 1.11. Not the lowest it's been in the last 3 months but just o.01 off of it. The prelim results are due out 21st March 2007 and according to an RNS on the 5th March they have had an offer for a part of the business with other suitors looking at it. The market expects the losses to be in the region of 5.7million, but this is probably already priced into current shareprice since it has been made public.

I might buy a few with a view to adding to them if the price goes up or down. Never go too heavily into a recovery stock.....it might not recover after all. I've added some info from various sites below to give you a start for your own research.

Extract of news from 5th March

"India's Arrow Coated Products, a mid-sized packaging firm, has made a bid to buy UK-based Stanelco PLC's unit Adept Polymers, a maker of biodegradable plastics, the Economic Times reported citing sources close to the deal."

"Stanelco is selling Adept to focus on radio frequency welding technology and that it has received bids from packaging companies in France, the US and the UK."

http://finance.google.com/finance?q=LON%3ASEO

Stanelco Plc is an investment holding company. Its wholly owned trading subsidiary, Stanelco RF Technologies Limited is a developer, manufacturer and supplier of high frequency thermal processing equipment and processes, applications for which include the GreenSeal process of sealing plastic and biodegradable containers, using radio frequency (RF). Its other subsidiary undertakings include, InGel Technologies Limited, which is a research and development company; Adept Polymers Limited a company that specializes in the formulation and manufacture of biodegradable plastic based on polyvinyl alcohol and starch, and Aquasol Limited, which specializes in designing packaging solutions and has specific expertise in water-soluble packaging. In September 2005, the Company acquired Biotec Holding GmbH Group and disposed 50% to SPhere. Biotec is one of the exponents of starch technology and specialize in formulations for packaging, pharmaceutical and edible applications.

http://www.stanelco.co.uk/index.htm

The info from below relates to an exclusive deal started in March 2005, whcih was then extended by a year. It doesn't say whether that was extended March to March in which case that would be about to expire or if it continued from August, the time of the RNS.

RNS Number:5121H Stanelco PLC 10 August 2006
10th August 2006
Stanelco plc Re agreement with ASDA
Stanelco plc ("Stanelco") is pleased to announce an update regarding its GreenSeal technology following its initial 12 month exclusivity period with ASDA. Stanelco will continue to work with ASDA as they support our GreenSeal technology as a way to achieve part of ASDA'S greater business objective of meeting their obligations around sustainability.
The original terms of the agreement between ASDA and Stanelco, as announced on 24 March 2005, for Stanelco's GREENSEAL technology have been extended for another 12 months, other than the exclusivity arrangement with ASDA which has been waived. This will allow Stanelco to offer the GREENSEAL technology to non-exclusive ASDA suppliers, as well as ASDA.
Martin Wagner, CEO of Stanelco said:
"This is an important development with ASDA and shows the strength of our relationship. Whilst all the major components of our agreement remain ASDA have agreed to relax the exclusivity of usage for non ASDA suppliers. This means that suppliers to ASDA who also pack for other retailers can now be approached.
A significant hurdle for us has been identifying packing lines that were exclusively for ASDA usage. By removing this obstacle we can now effectively offer our GreenSeal technology to any user. This negotiation with ASDA has been over a protracted period of time and we are grateful for their unwavering support."

There is nothing jumping out of a google search regarding greenseal since 2005. Time for an update on that I guess.

FrogPack (A Stanelco product) http://www.frogpack.com/

A rugged, high-impact resistant packaging application has been developed for suppliers wanting to minimise breakage and waste during shipping and transporting.Stanelco, the UK-based company behind the innovation, believes that the concept will take off because it taps into a key concern of both suppliers and retailers – the protection of goods throughout the supply chain. In addition the packaging uses biodegradable material and uses less energy in the actual production process.
The company is in the process of trying to break into the lucrative US market.
Designed to withstand substantial punishment, Stanelco's FrogPack features a unique energy-absorbing design, combined with Cradlewrap, a biodegradable air-cushioning wrapping material that can be used within the containers.
This, says Stanelco, provides remarkably secure protection for goods that require shipping. The company claims that tests undertaken to challenge FrogPack's sturdiness have confirmed that highly fragile items such as glass champagne bottles dropped from a helicopter from as high as 200 feet in the air suffered no damage or signs of their fall.
"FrogPack can take a hard punch,” said David Edwards, the inventor of FrogPack. “Retailers will be impressed when they see how much punishment FrogPack absorbs.
“The packaging is a superior alternative for protecting goods during shipping. "FrogPack's capability to protect, combined with its potential for reducing costs in packaging and shipping, is unlike anything currently in use in North America."
FrogPack utilises a unique technology called shock-absorbing arcuate panel technology (SAAP) for its added strength and protective qualifies. The technology, designed by Aquasol, a subsidiary of Stanelco, is already in use in the United Kingdom by a packager of lighting supplies and a packager of electronic components.
In addition to its ability to withstand high-impact punishment, FrogPack possesses environmentally attractive features that will be attractive to North American retailers. FrogPack can be either recycled or composted.
FrogPack's high-impact design means that the packaging, which can be manufactured on a customized basis, can be produced in smaller sizes, requiring less material and less energy in the actual production process.
"Eventually, we believe that FrogPack will replace padded envelopes and boxes that utilise polystyrene inserts and plastic air bubbles," said Edwards.

A client for frogpack http://www.merlindirect.com/product-list.cfm?catId=18&depId=16

Monday 12 March 2007

Tadpole Technology - still on the up

So we have started the week on another up day so far, although the volume of trades is dropping off a bit and the price has dipped back to reflect this. That's not to say that it can't go up further by the end of the day.

I can't see this rise being sustained much further without some solid news coming out though.

The fact that the FSA haven't insisted that the company put out an RNS denying any knowledge of why the massive rise in a week, suggests to me that the company can't deny something which is about to happen. With TAD you always have to read between the lines, turn it round twist it a bit and basically make it up for yourself. The company doesn't help us.....LOL

Here's hoping then.......like we haven't all thought that before.........it's aging us all!!!!!

Global Coal Management

http://www.gcmplc.com/about/company_details.php

I posted just over a week ago that this was in the 'recovery position' waiting to get the life kicked back into it and by good fortune for a change I bought shares and not just watched them like I often do. I now have a 28% profit on them. They are up 11.29% today (as at 14.53).

It appears that GVM which Global Coal Management own 18.38% already, has placed 12.2 mln shares to raise 6.1 mln aud with Global Coal Management PLC, previously Asia Energy PLC.

GVM Metals Ltd had a first-half pretax profit of 1.8 mln aud from a loss of 8,610 aud on a total revenue of 26.5 mln aud compared with 15.2 mln aud year ago.

It made a net profit in the period to end-December of 912,368 aud compared with a loss of 141,447 aud previously.

Sunday 11 March 2007

Tadpole Technology - Is it growing legs?

Well following a week of rises apart from one day, things are looking good for another rise on Monday morning. A couple of sites revised the bid price just on the closing bell as another buy slipped through.

What to do though. Take profits now on cheap shares bought just in case nothing happens news wise. Or take them because of the old addage buy on rumour sell on news. If there is news though, what if its good or great news as opposed to just 'hey we are still a going concern'.

I'm holding onto my cheapest shares just because even a 2p fallback will still see me with a small gain and that monster greed suggests 'take a chance and see what happens'. Still not going to buy any more shares unless I can see a reason for it in black and white, but I have opened a spreadbet with a very tight stoploss just to see what happens.

Friday 9 March 2007

My photo - here today - gone tomorrow (probably) lol


Having had an email commenting about there not being a photo on my profile, I have added one for a limited time only!!!

It was taken a about 4 years ago, so just take a pen and add the required amount of lines where you feel they should be....LOL

Tadpole Technology

Well, this week has seen a 100% rise in the share price of Tadpole Technology without any news being released.

There are expectations that something must be forthcoming because they stated recently that they needed funding by the end of March and they have not come back to shareholders with any request for further funding or called an EGM to get anything approved.

I have suggested already that this was back at being a 'Recovery Stock' status and having decided that at the back end of last year I bought some with my redundancy money. I'm now up 102% on that purchase and was waiting to see what would happen today to see if I would sell and take the profit or hold through the weekend and see what happens. The reason I am going to hold is that a chartist friend of mine has kept drumming into me that you don't get straight rises and they usually work on the basis of 2 days up 1 day back or 3 days up 2 days back. Well I wasn't at home yesterday but I see the price fell back a smidgen, but only a smidgen, but it has held firm so far today, so hasn't had the 2nd day back. By holding firm it is giving the impression that it is going to have a further rise.

Here's hoping that for us long suffering Tadders, we now have a possibility of getting at least a return of some capital investment at some point this year and if even luckier then some profits on previous holdings.

Good Luck all holders.

PS - no sooner had I posted this than the price ticked up again at 12.32pm.

Tanfield Group

UPDATE from 'John Smith' - thanks john, sorry was away for a day or two.

hello :)

thought I'd use you as a guinnea pig. :)

I've uploaded the Investec Tanfield report onto a file share site, thought maybe you could post the link, if anyone would be interested in reading it. just wondering if this file share site works ok. might be easier using this instead of e-mailing big files? Don't ask me how legal all this is, but it's easy deleted if someone complains :)

http://www.4shared.com/dir/2163366/60540eab/sharing.html

Sunday 4 March 2007

Ramco Energy Plc ROS.L - Recovery Stock?

http://www.ramco-plc.com/
http://finance.google.com/finance?q=SEA%3AROS


Use this newspaper for energy news The Press & Journal - they have an energy magazine covering the whole of the oil & gas industry http://www.pressandjournal.co.uk/index.jsp

Ramco is another company thats been on my radar for a long time basically because its local to me. I have been in and out of it at various points, but the share price was decimated by litigation in the US by Anglo-Dutch (Tenge) L.L.C. and Anglo-Dutch Petroleum International, Inc.

This saga has dragged on for what must seem like an eternity to Ramco and they haven't been able to put it behind them because the above appeal and appeal and appeal. The appeals always fail but it has been a heavy load to bear for the company. On Friday however there was trading activity and a 29.56% rise.

From iii bulletin board - poster Poncho via
Van Dyke appeal for a rehearing has been rejected. This means he is now gone for good. Court case now finished. Ramco have won :this was announced on the Texas Supreme Court Website :

http://www.supreme.courts.state.tx.us/historical/2007/mar/030207.htm

THE FOLLOWING PETITIONS FOR REVIEW ARE DENIED:
06‑1090
ANGLO-DUTCH (TENGE), LLC AND ANGLO-DUTCH PETROLEUM INTERNATIONAL, INC. v. RAMCO OIL & GAS, LTD AND RAMCO ENERGY, PLC OF TEXAS; from Harris County; 14th district (14‑04‑00433‑CV, 207 SW3d 801, 10‑19‑06)
-----------------------------------------------------------

Hopefully this will mean that finally Ramco can get back to doing what they do best and not have to waste time on Van Dyke.

http://www.pressandjournal.co.uk/index.jsp

REMP AND REDMAN TEAM UP FOR BOLD IRAQ ADVENTURE
08:50 - 04 December 2006
Two well known upstream entrepreneurs, Steve Remp of Ramco and veteran driller Peter Redman of Midmar, have teamed up for a pioneering odyssey in Iraq through newly created Mesopotamia Petroleum Development, writes Jeremy Cresswell.

If they realise their dream of producing oil &gas in the war-torn Middle East state, then this pilot could open the door to the huge energy capability resident in Scotland to participate in the recovery of Iraq's huge petroleum industry.

Energy was given exclusive access to a delegation of senior officials from Iraq's energy ministry when they visited Ramco in Aberdeen, week beginning November 20 and prior to meeting with Redman, also companies such as Abbot Group unit KCA Deutag and seismic specialist Veritas.

We were told of a desperate shortage of all key oilfield goods and services, with a particular need to restart a drilling programme - especially deep wells and horizontal/high-angle wells. Another vital need is a thorough mapping of Iraq's vast resources, a process that was started but never completed. And it's not just basic 2D, but 3D, too.

It was clear from the conversation that the Iraqis want to engage with companies perceived as politically non-threatening. They had obviously had their fill of the majors, though the US-led carve-up of the state's resources may frustrate their ambition to be highly selective.

But why are Remp and Redman setting out on such a tough adventure at this time?

Remp's answer was simple: "Because it's there and because no one else has yet been able to crack it.

"Peter and I do fully understand the context; we have our eyes open. There's no question that, at some point, the situation will ease and Iraq will once again become a major producer. The potential is beyond anything that most people can understand. We've already made a remarkable amount of progress and the Iraqis seem to hold us in high regard."

With support from the British Government, we have entered a dialogue with the oil minister in Baghdad and we have just hosted a senior delegation that came exclusively to meet Mesopotamia in order to evaluate whether we might be a company of choice for them in the future."

It was a very productive week. We focused on sharing with them the many new upstream technologies that have been developed over the last five to 10 years.

"Importantly, these guys have not had contact with Western companies and technologies since the Gulf War, so this was a major breakthrough for them to learn what is going on and what might become relevant in due course.

"Notwithstanding the dire political situation, we're engaged with the ministry (in Baghdad) in trying to identify a pilot project ??? a multi-fields development contract that would allow Mesopotamia an early start."

A number of candidate fields have been identified and talks have started.

Mesopotamia Petroleum Development reflects an aspect of Iraq's ancient history. Partners in the company are Remp, Redman and Robert Abel-Smith, a Brit who has engaged with Iraq over many years.

In many ways, Remp and Redman are ideal for the task. They have worked together in the past and are driven adventurers.

Remp has a place in the history of the Great Caspian Oil Game as he pioneered the return of Western companies to the region during the post-Soviet era, which was a deeply uncertain time in local political terms. He also carved out a position in Adriatic state Montenegro during a time of war.

After Ramco's difficult Irish venture with the disappointing Seven Heads project and a protracted, but ultimately successful, battle in the US courts over an alleged breach of contract, Remp has returned to what he is regarded as best at - trailblazing.

"We've gone back to our roots," he said

Change of colour

At last....sussed out how to change the template and colours. The pink was a bitty icky and definitely not my cuppa.

Hope you like the changes, easier on the eye I think.

UGL x

Tanfield Group - guest blogger

Hi there, well can't take credit for this one as all info provided by 'john smith' not his real name, but asked to remain annonymous. Thanks for all the info 'john'...over to you!

http://finance.google.com/finance?q=SEA%3ATAN

Well, Tanfield? Tanfield group started out as an engineering company based on an industrial estate in a little town in Co Durham called Tanfield Lea. They got involved with another local company, Smith Electric Vehicle's, which produced mainly milk floats. Recently bought out an American company called Upright. Upright build electric lifts for work areas, cherry pickers and scisor lifts.

The Smith Electric is probably the main noise at the moment, with M&S and TNT trialing the 7.5 tonner they call the Newton. TNT are said to be buying 200 depending on the results of the trial. And I guess other city centre delivery firms will be loking at the results, since vitually no running costs, or congestion charges, thought the trucks do cost almost twice that of a diesel truck. Kevin Harkin of Smith Elecric is in the USA at a show, doing some sale pitch I guess. http://www.eyefortransport.com/fuel/agenda.shtml

Upright are starting to make a bit of noise too. Recently they relaunched in the USA at the so called prestigeous Rental Show.

http://www.tanfieldgroup.co.uk/Newsletter_Upright_Issue30.html

The factory they've just opened is currently on a day shift production, and they are looking to start another shift soon. I've applied for a job there, and got a letter stating this. Plus I know a few people working there.

Tanfield were recently at a rail show too, but I don't know in what capacity. They have a company that supplies fork lifts and things like that so it could have been that.

http://www.railtex.co.uk/

http://www.sev.co.uk/ or maybe http://www.jumbotugs.co.uk/


Press bit, Observer, there's no link now
The future is green for UK's white van menTerry SlavinSunday February 18, 2007
The Observer
A small Tyneside company that has manufactured milk floats for 80 years is aiming to turn 'white van man' green by producing what it claims are the world's largest zero-emissions commercial vehicles.

The first battery-powered delivery vans off the Smith Electric Vehicles production line in December were snapped up by logistics operator TNT, Starbucks, Sainsbury's and Marks & Spencer, but many other major retailers are in talks to buy the vans, the company says.

They have a top speed of 50mph and a range of 130 miles between battery recharges. On top of their green credentials, the vehicles are exempt from the London congestion charge and road tax.M&S said the vans could replace its urban diesel fleet and potentially play a large role in helping it become carbon-neutral.

It is a stunning turnaround for Washington-based Smith Electric Vehicles, which has seen its milk-float business curdle over the last few years. Dan Jenkins, a spokesman for Aim-listed The Tanfield Group plc, which bought Smith's in 2005, described the electric vans as 'the supercharged son of the milk float'. Later this month Smith's is to launch a nine-tonne version for Europe, followed by a 12-tonne model for the global market in March. In April it will launch an electric version of the 3.5 tonne Transit van.

There's been a fair bit in the press lately, especially up here (Durham) with it being a local company. It seems to be a gold mine for investing, IF they can match their expansion aims.

The web site is worth a trawl around, and the investec report on there is worth a read too. http://www.tanfieldgroup.co.uk/ Oh they seem to have taken the investec report off, so I'll attach it :)

*****UGL - back to me...sorry couldnt attach the report here as PDF and it wouldnt copy over. Don't think you're allowed to reproduce those things anyway.....not sure.****

Back to 'john'

oh forgot about this site http://www.trustnet.co.uk/?rtype=1 don't know if you've come accross it before, but it lists all the trusts and istitutions that hold shares. Type for example Tanfield in the search and open the links it finds. Seems these fund mangers have a lot of Tanfield. http://www.trustnet.co.uk/general/search.asp?txts=tanfield&gobutton=Go

Thanks 'john' if you come up with any more info I'll be glad to add it. :o)

Saturday 3 March 2007

Google Finance

I just happened to stumble across this today and its brilliant. Fancy me not already knowing it was there D'oh.

http://finance.google.com/finance

Has everything you want all on one page......you still have to go research the company websites etc for extras and possibly google for gossip, but all stats and news at your fingertips.

Add it to your favourites!

Global Coal Management

WELL....... Due to having a very busy week doing other things, I never did get back to updating the blog on GCM.L. Did any of you have a look at it yourselves though?

I did buy 500 shares because I did think of it as a recovery stock, but even I didn't think a recovery might be within a week....or at least the start of one. For some reason it suddenly jumped 49.25 pence or 38.3% running into Fridays close or maybe it was after the close ready for Mondays opening. I don't know cause I wasn't watching it.

I'm going to have a dig around now.....and I will definitely update this time.

In the meantime heres some company info from GOOGLE FINANCE page
http://finance.google.com/finance?q=SEA:GCM

BACK............

It appears the sudden rise could have to do with the elections mentioned in the main page of the company website as below.

http://www.asia-energy.com/
Global Coal Management Plc (formerly Asia Energy PLC) is a London-based AIM quoted company whose primary activity is the development of the coal basin at Phulbari in Northwest Bangladesh into a world-class open pit coal mine. Ticker symbol: GCM
Its objective is to start mining activity once it has Government of Bangladesh approval for its Scheme of Development, following the Government election in early 2007. The project will adhere to the highest national and international environmental and social standards. At full production, the mine will produce 15 million tonnes a year of mostly export quality metallurgical and thermal coal.


Phulbari Project -http://www.asia-energy.com/project.php
Coal was first discovered at Phulbari in Northwest Bangladesh during surveying and drilling between 1994 -1997 by the Australian mining company BHP, which entered into licensing and investment agreements with the Government of Bangladesh. These agreements were assigned to Asia Energy Corporation (Bangladesh) Pty Ltd in 1998.


The Resource
The estimated in-situ coal resource in accordance with the JORC Code:
Category Tonnes (millions)
Measured 288
Indicated 244
Inferred 40
Total 572

............
Strategic Investment in Bangladesh’s Leading PSTN Operator providing Fixed, Wireless Loop, Data and Internet Service
22.01.07
Global Coal Management plc (“GCM”), formerly Asia Energy Plc, (AIM: GCM) announces it has signed a Memorandum of Understanding (“MOU”) to make a further strategic investment in Bangladesh by subscribing for 26.5% of the equity in Peoples Telecom and Information Services Ltd (”PeoplesTel”). The US$5 million investment is subject to the approval of the Bangladesh Board of Investment (“BOI”).

GCM has identified PeoplesTel as an exciting investment opportunity which also brings significant benefits to the development of the Phulbari Coal Project (“the Project”) by ensuring that modern and extensive telecommunication networks and infrastructure are in place across all areas (mine site, transport corridor, port operations etc.) of the Project.

Steve Bywater, Global Coal Management's CEO commented:
"I am delighted with this investment in PeoplesTel. It demonstrates our strong desire to play a positive role in the development of Bangladesh's economic infrastructure and is entirely consistent with our long term commitment to Bangladesh. It will also ensure that we have a world class telecoms infrastructure for the Phulbari Coal Project. We remain focused on implementing the Phulbari Coal Project.”

PeoplesTel, an established Bangladesh fixed line telephone operator since 1989, is currently undertaking a rapid expansion plan. In excess of US$15 million has been invested to date by PeoplesTel’s existing shareholders, including the founder of the company Tim Nurun Nabi. Mr Nabi has also founded a number of successful enterprises in Bangladesh, including Hayes (Bangladesh) Limited and Hayes-Haier Appliances Company Limited, which is a joint venture with Haier of China, the largest manufacturer of white goods in China.

PeoplesTel’s expansion plan for the next 5 years is to provide world class voice and data services across Bangladesh, targeting 1 million new subscribers and focusing on the developing rural regions. PeoplesTel has BOI approval to invest up to US$379 million of domestic and foreign investment to provide fixed line or wireless telephone connections in Bangladesh. This gives PeoplesTel the ability to grow rapidly by reinvesting cash flow without needing further Government approvals.

The US$5 million investment will be used by PeoplesTel to acquire the capital equipment (primarily handsets and electronic switching devices) to add a further 55,000 fixed line and wireless loop subscribers to the network. This will significantly increase the company’s turn-over and cash flow positions and allow PeoplesTel to continue to expand its network, services and subscribers. The network currently being completed is able to handle approximately 1 million subscribers without the need for additional major infrastructure to be installed.

Currently, PeoplesTel has 120 operational exchanges throughout all 4 regions (North West, North East, South West and South East) of the country and an additional 23 CDMA 2000 1X 450 MHZ WLL BTS have been integrated into the network in December 2006. PeoplesTel currently employs over 280 people.

PeoplesTel is strategically positioned to secure a license for Dhaka City (expected to be issued in 2007). It owns the largest range of wireless spectrum of any operator in Bangladesh, including the valuable 3G compliant 450MHz spectrum, and has recently secured a VoIP License.
PeoplesTel, having recently completed a 17km fibre optic ring around Dhaka City, has full interconnect agreements in place with the major cellular operators and fixed line operators, including the government owned BTTB. These companies collectively access approximately 15 million subscribers. PeoplesTel has leased an additional 208km fibre optic backbone to connect to the densely populated (approximately 7 million people), and high GDP generating, region of Chittagong.

For Further Information:
Steve Bywater Chief Executive Ph: +44 (0)207 290 1630
Graham Taggart Finance Director Ph: +44 (0)207 290 1630
Cathy Malins or Annabel Leather Parkgreen Communications Ph: +44 (0)207 851 7480

Notes to editors:
Global Coal Management plc:
Global Coal Management (formerly Asia Energy plc) is a London based company quoted on the London Stock Exchange’s Alternative Investment Market (“AIM”). The Company’s primary activity is the development of the Phulbari Coal Project in Northwest Bangladesh into a world class open pit mine, adhering to the highest national and international environmental and social standards. The mine will have a life of more than 30 years and at full capacity will produce 15 million tonnes a year of mostly export quality metallurgical and thermal coal. Its objective is to start mining activity once it has Government of Bangladesh approval for the Scheme of Development, following the Government election in 2007.

For further information: www.asia-energy.com

Peoples Telecommunication & Information Services Ltd:
PeoplesTel has a licence to operate fixed, wireless local loop along with voice data, image and all forms of telecommunication services in Bangladesh. PeoplesTel has been in operation since 1989 as rural operator and converted to a national operator since 2005.

PeoplesTel has a huge network covering Bangladesh. PeoplesTel has over 6000 KM of Microwave links covering all the major cities of Bangladesh. PeoplesTel has already installed four gateway switches, 120 local switches, 3 BSC, 34 BTS with the latest CDMA 2001X 450 MHZ dual carrier state of the art wireless local loop services. PeoplesTel has the necessary human resources to implement its expansion plan and provide a consistently high standard of service.
For further information www.ptelco.net


Further investment in GVM Metals Limited - 31.01.07
Global Coal Management plc announces that on 30 January 2007 it acquired a further 4,000,000 shares in GVM Metals Limited at a cost of approximately £890,000 and that it now holds an interest of 16,200,000 shares, 17.32% of the issued share capital of GVM Metals Limited.


Notification of significant holding - 15.02.07
The Company was notified on 13th February 2007 that Liberty Square Asset Management acquired an interest in the shares of the Company resulting in a total holding of 2,530,000 Ordinary Shares of 10p each in the Company. This represents 5.19% of the issued share capital of the Company.

OK well I think that gives an idea of where they're at just now. Just have to see if they do revocer back to the heady heights of £9.00 plus.