Zenith Hygiene losses greater
25/02/08

Zenith Hygiene losses greater than previously announced, Spiritel in funding deal with Penta and Infoserve appointed Google adwords reseller.

• Dawson Holdings has made good start to year
• Firestone Diamonds reports encouraging results from MK1 kimberlite in Botswana
• Raymarine buys Navsystems Oy for £3.8m million cash; full-year pre-tax profit up 66.1% to £23.4 million; dividend up 14.3% to 10p; sees trading in current year in line with expectations
• IAF Group has no exposure to sub-prime market; first-half pre-tax loss £1.14 million vs loss £676,000; will take longer than anticipated to become cash flow positive
• Boomerang Plus first-half pre-tax pre-exceptionals £940,000 vs £360,000; sales up 112%; has good visibility over revenues for second-half and next full year
• Zenith Hygiene full-year pre-tax loss £8.6 million vs restated loss £3.1 million; Ringo Francis to resign as chairman and chief executive; names Gavin Gracie chief executive and Simon Barrell chairman; first-half losses were greater than previously announced

• Cash Converters first-half net profit 7.26 million Australian dollars; confirms sees full-year profit of 14.5-15 million; to pay interim dividend 1.5 cents; first-half ebitda 11.23 million Aud, up 73.5%
• XP Power revenue growth now focus
• Aminex two wells spudded over last three days
• XP Power full-year pre-tax £5 million vs £8 million
• MyHome International to separate chairman and chief executive roles; appoints Jon Pither chairman
• Syntopix receives positive results from Phase II cosmetic study

• Goals Soccer Centres full-year pre-tax profit up 42% to £7 million; dividend 1.5p, up 58% vs last year; agrees South Africa master franchise; agrees joint venture for pilot centre in Los Angeles; current trading remains strong since year end
• Cybit secures new business wins. renewals and extensions worth £1.2 million
• Spiritel agrees balance sheet restructuring with funding partner Pen Penta; Penta to convert £11 million loans and pref shares into new shares; Penta to waive £800,000 annual interest charges and to hold 49.9% after conversion
• Enova extends supply agreement with Tanfield to 2008 and beyond
• Mobile Doctors swings to full-year pre-tax profit of £287,000 s loss £842,000; looking to year ahead with confidence
• Tescom Software seeking AIM cancellation on March 27

• Henderson Morley receives positive results from Preps and L-Particles study
• Smallbone wins contract with US property developer Extell for new development worth $2 million revenues in 2009 and 2010
• Paq International places 16.7 million shares at 6p and admitted to AIM
• Murgitroyd Group buys Kennedys Patemnt Agency for around £3.4 million
• DCD Media wins new BBC commission worth over £1 million
• Gulf Keystone Petrol second HBH Algeria well spudded, begins drilling

• Andes Energia in PetroSaudi finding deal worth p to $94.5 million
• Gaza Oil and Gas enters farmout deal with Singular Oil on South Texas property
• Oilex confirms presence of moveable oil at Sarha-1 well in Oman
• Solana Resources Costayaco-2 well test flow rate in excess of 6,600 bopd
• Cambridge Mineral signs civil engineering contract for Tailings dam and earthworks; operations at Colombian projects on course
• Medusa Mining identifies potential iron ore targets at Kamarangan

• Cubus Lux receives all planning consents for Olive Island resort; sees considerable growth in Croatia; views future with optimism
• Cyprotex wins NIH chemical genomics center partnership deal
• Retec Digital first-half trading losses halved; turnover up 166% to £3.5 million
• African Copper sees Mowana production of 29,000 tonnes in 2012; cash costs fall
• Desire Petroleum shares suspended on AIM pending announcement
• Conroy Diamonds indicated gold resource at Clontibret triples to 200,000 ounces; considering various options to finance exploration

• Leadcom focused on improving working capital and cost control and restoring profits; has received tentative early approach for possible funding
• Ryanair website reopens after OFT warning
• Infoserve Group appointed authorised Google adwords reseller; shares to resume trading
• West African Diamond Drouuba pipe appears larger than initially thought
• Glue Mobile holds 74% of Superscape; extends offer to Feb 29
• Airea chief operating officer Steve harrison to leave Fen 29; interim manager appointed