Powerflute (POWR) – A Little Known Winner

Last September, Powerflute’s shares stood at 38p., since when they have made a steady advance to their present  79.5p.

Powerflute is a Finnish paper and packaging group with a  nose for acquiring similar businesses with strong fundamentals whose performance can be improved by focused management and investment. Their last acquisition was a reverse takeover in 2014 of Corenzo which was expected to add 200m Euro of revenue and EBITDA of 18.5m Euro in 2015.

A trading update in May indicated that in Coreboard and Cores full year performance would be ahead of initial expectations whilst Packaging Papers had also performed well. The performance for the first half of the year was expected to be particularly strong and the full year was expected to be significantly ahead of market expectations.

No date has been announced yet for the interims but they can be expected during the next 6 weeks.

The shares are on a p/earnings ratio of 35.86 and yield 1.73%, covered 1.46 times.

Looking for luxury villas and houses for sale in Greece -click here; http://www.hiddengreece.net

 

DDD Group (DDD) and Samsung renew 3D video processing chip technology license agreement

DDD-Logo-300x84DDD Group (DDD) and Samsung renew 3D video processing chip technology license agreement

Los Angeles, California: DDD Group plc (DDD), the advanced imaging and 3D solutions company, has renewed its license agreement with Samsung Electronics Co., Ltd.

The licence agreement has been extended until the end of 2016 and is for the continued use of DDD’s TriDef® 2D to 3D technologies with Samsung’s 3D video processing chips, which are used in Samsung Smart TVs and other Samsung 3D consumer products.

Chris Yewdall, Chief Executive of DDD, said: “We are pleased that Samsung will continue to power it’s Smart TVs with our TriDef 3D conversion solutions for the seventh consecutive year. Samsung hasbeen a TriDef 3D licensee since pioneering the 3D TV market in 2010 and continues to provide diverse 3D content on their range of 3D TVs.”

Enquiries:

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, CFO

+1 310 566 3340

Peel Hunt LLP (UK Nomad/Joint Broker)

Richard Kauffer / Euan Brown

Beaufort Securities (Joint broker)

Jon Levinson / Elliot Hance

+44 (0)207 418 8900

+44 (0)207 382 8300

Blytheweigh (UK IR)

Tim Blythe / Wendy Haowei / Andrea Benton

+44 (0)207 138 3204

Berns & Berns (US PAL)

Michael Berns, esq.

Advanced Oncotherapy (AVO) – Exercise of Warrants and issue of Shares

AVO1Advanced Oncotherapy (AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that it has today issued 34,122,682 new ordinary shares of 1p in the Company at a price of 1.1 pence per New Share pursuant to the exercise of warrants by Brahma AG. The warrants were issued on 25 September 2013 to Brahma in accordance with the share purchase agreement for ADAM SA.  Mr. Alberto Colussi, directly or indirectly through his vehicle Brahma, now controls 19.35% of the Issued Capital of AVO.

Commenting on this, Nicolas Serandour, CFO, said“The exercise of these warrants shows the continued support and confidence of Brahma and the Colussi family which we greatly appreciate.”

Application has been made for the 34,122,682 Shares to be admitted to trading on AIM and it is expected that Admission will occur on or about 4 August 2015. The Shares will rank pari passu in all aspects with the existing ordinary shares of the Company.

Total voting rights

Following Admission, the Company’s enlarged issued share capital will comprise 1,411,161,708 ordinary shares, with voting rights. The Company does not hold any ordinary shares in treasury. Therefore the total number of ordinary shares in the Company with voting rights will be 1,411,161,708. This figure may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA’s Disclosure and Transparency Rules.

For further information, please contact:

Advanced Oncotherapy Plc

www.avoplc.com

Sanjeev Pandya, CEO

Tel: +44 20 3617 8728

Nicolas Serandour, CFO

Westhouse Securities (Nomad & Joint Broker)

Antonio Bossi / David Coaten

Tel: +44 20 7601 6100

Beaufort Securities (Joint Broker)

Saif Janjua / Jon Levinson

Tel: +44 20 7382 8300

Walbrook PR (Financial PR & IR)

Tel: +44 20 7933 8780 or avo@walbrookpr.com

Paul McManus / Anna Dunphy

Mob: +44 7980 541 893 / Mob: +44 7876 741 001

 

Is Nickel Really a Screaming Buy ?

Nickel has, according to some, the strongest market fundamentals of all industrial metals, yet prices remain near  multi year lows, despite the fact that a year ago, major producer Indonesia, which provided the world with a fifth of its nickel, imposed a ban on exports.

The argument for a rebound is that after many years of growing stocks, which kept a lid on prices, June saw a turning point . Nickel is already becoming scarce in China. The Shanghai futures market has had to accept Norilsks metal, for delivery against contracts. China’s imports of refined nickel surged by 67% in June over the May figure and by 250% year on year. Chinese nickel stocks have now slumped to a 4 year low and have reached critical levels. The growing shortages in the worlds largest user of nickel, it is argued, are bound to lead to price rises.

In the background however there is still Indonesia and some speculation that it may begin to ease export restrictions, as it has already done with copper.

Looking for luxury villas and houses for sale in Greece -click here; http://www.hiddengreece.net

 

 

Advanced Oncotherapy (AVO) – Delivery of additional CCL unit and update on Harley Street

AVO1Delivery of additional CCL unit and update on Harley Street

In-line for high-power testing 

Advanced Oncotherapy (AVO), the developer of next-generation proton therapy systems for cancer treatment, announces that the second Coupled Cavity Linac unit has been manufactured and delivered to the Company’s testing facility in Geneva.

The CCL accelerating structures are an essential part of the LIGHT proton therapy system. They consist of a series of cells which accelerate the protons from energies of 37.5 Mega-electron Volts to the high energies required to treat radiosensitive tumours in a clinical setting. The finished LIGHT system will incorporate ten CCL units in total.

In addition, the first two Radio Frequency power Units, both the Modulator from Scandinova and the Klystron from Toshiba, have been delivered on schedule to Geneva following initial successful testing and will be used in the next few weeks to start CCL high-power testing, in-line with the timetable provided by the Company to shareholders in November 2014.

As well as this, the Company announces that Howard de Walden Estates Limited, which in January 2015 granted a 50 year lease to the Company for the Harley Street site, has agreed to expand the agreement beyond the 8,000 sq ft space agreed in the original lease. This would allow the Company to develop a Proton Therapy Centre on the same site but with an extended footprint, offering potential operators a larger overall facility to manage. The additional planning permission and reconfiguration of the original site plans will have an impact on the start date for work on the site, however the Company remains on schedule in its technology development to have its first LIGHT system ready for patient treatment in 2017.

Commenting, Sanjeev Pandya, CEO of Advanced Oncotherapy, said: “This latest update shows that we continue to remain on target for the successful delivery of our first LIGHT system in-line with the timetable that we outlined to investors. We do have the opportunity to extend the footprint of our site in Harley Street, which could allow us to develop a bigger and better Proton Therapy Centre in Central London, and I look forward to updating shareholders as this progresses. Our focus still remains on the end-goal of having our technology ready for first patient treatment in 2017.”

Advanced Oncotherapy Plc

www.avoplc.com

Sanjeev Pandya, CEO

Tel: +44 20 3617 8728

Nicolas Serandour, CFO

Westhouse Securities (Nomad & Joint Broker)

Antonio Bossi / David Coaten

Tel: +44 20 7601 6100

Beaufort Securities (Joint Broker)

Jon Levinson / Zoe Alexander

Tel: +44 20 7382 8300

Walbrook PR (Financial PR & IR)

Tel: +44 20 7933 8780 or avo@walbrookpr.com

Paul McManus / Anna Dunphy

Mob: +44 7980 541 893 / Mob: +44 7876 741 001

Alan Green discusses DDD Group’s (DDD) LG Electronics patent infringement suit on the ADVFN podcast

DDD-Logo-300x84Alan Green discusses DDD Group’s (DDD) LG Electronics patent infringement suit with Justin Waite on the ADVFN podcast.

Click here to listen to the podcast

Mayhem Amongs The Miners (2)

Question – does it make sense for the worlds giant mining companies to be ramping up production when metal prices are in freefall. The answer must surely be – of course not – so why are they doing it ?

In iron ore Rio Tinto and BHP Billiton have increased production so much that they have created a glut and caused a slump in prices. On the 8th July iron ore hit an all time low of $44 per tonne.  The following day it rocketed by 9% and a further 3% on the day after that and now stands at over $50 per tonne. These are huge unexplained movements in the price of one of the worlds major commodities.

But these prices have to be seen in perspective. Iron ore halved in price in 2014 and has fallen a further 30% this year but for 25 years until 2004 the price had remained comparatively steady at never less than $10 and never more 14 per tonne. And then the great super cycle started. In 2005 the price rose by 71%, in 2008 it rose by 68% and in 2009 it reached the magic $100 per tonne. On the 16th February 2011 it peaked at a massive $191 per tonne and wasn’t the world a happy place in those halcyon days when the worlds bankers had just woken up to their new role as masters of governments and rulers of countries. Economic power had arrived.

In May South African production of platinum was increased by 88% over the previous May’s figure and the price of platinum fell to 2008 levels. Surprise, surprise.

In the first half of 2015 diamond prices fell by 3.4%, despite the fact that they don’t create diamonds any more. Every diamond dug up is one less for the future.

Gold is still collapsing and last week hit a 5 year low at $1080 per oz. Gold mining shares had a blood bath after an alleged bear raid by the Chinese. But despite that, gold is still worth nearly 3 times more than it was in 2004 when it stood at $400 per oz. before the start of the supercycle.

In the financial world, nothing goes up for ever, be it shares, commodity prices or whatever. A share which has a massive spike, always collapses even if the fundamentals for that share have not changed. The law of gravity always takes over in the end.The spike in gold and other metals was huge. All that has changed is that China is not growing as fast as it was. But believe the media and you would conclude that in a couple of years time, the Chinese will all be back working in the paddy field. How many times does one read that a fall in this and a fall in that is caused by slower growth in China. How can slower growth lead to a fall in anything. It can’t, it can only lead to a further rise. But from molehills come great mountains and thus can trends be accelerated and magnified until the next expert comes along and decides to try and reverse the trend.

So, why do those miners keep ramping up production – perhaps it is something very simple, like misguided fairly cluless management, trying to plan things too far in advance.

Looking for luxury villas and houses for sale in Greece -click here; http://www.hiddengreece.net

 

 

Alan Green discusses CEB Resources (CEB) with Justin Waite on the ADVFN podcast

CEB ResourcesAlan Green discusses CEB Resources (CEB) with Justin Waite on the ADVFN podcast.

Click here to listen to the podcast.

DDD Group PLC files patent infringement suit against LG Electronics

DDD-LogoDDD Group plc (DDD), the advanced imaging and 3D solutions company, confirms that it’s Australian subsidiary, Dynamic Digital Depth Research Pty Ltd, has filed a lawsuit in Los Angeles alleging that LG Electronics’ range of 3D televisions infringe three of DDD’s U.S. patents.

The complaint alleges that the automatic 2D to 3D conversion function performed by LG’s range of 3D televisions infringes the claims of DDD’s U.S. Patent No. 6,477,267 “Image Conversion and Encoding Techniques”, U.S. Patent No. 6,496,598 “Image Processing Method and Apparatus”, and U.S. Patent No. 7,489,812 “Conversion and Encoding Techniques”.

The complaint notes that despite the fact that LG licensed DDD’s TriDef 3D solutions for use with their 3D personal computer products and their 3D mobile phones, the engineering team responsible for the development of LG’s 3D televisions pursued the development of their 3D TVs in full knowledge of the existence of DDD’s patents and technologies. As a result, the complaint alleges that the LG has demonstrated a pattern of blatantly disregarding DDD’s intellectual property and by doing so, LG is getting a “free ride” on DDD’s decades of research and development, and unfairly competing in the marketplace since first announcing their range of 3D TVs in late 2009.

The complaint seeks injunctive relief and unspecified monetary damages and contends that since LG’s infringement has been, and continues to be, willful, DDD is entitled to seek treble damages and an award of its attorneys’ fees, costs, and expenses.

DDD also announces that it has retained Quinn Emanuel Urquhart & Sullivan, LLP to work alongside Dominion Harbor Group to protect DDD’s intellectual property rights and enforce its patent portfolio. The Quinn Emanuel team engaged by DDD who are working on the complaint against LG includes partners William Price (Washington, DC), Alan Whitehurst (Washington, DC), Amar Thakur (Los Angeles), and Marissa Ducca (Washington, DC).

Chris Yewdall, Chief Executive of DDD, said:  “DDD has invested heavily in its intellectual property portfolio over the years and we have licensed the DDD technology to many companies on fair and reasonable terms. Unfortunately, some companies have refused to license the proprietary DDD technology that they are using. We are pleased to have an experienced team of top litigators helping to enforce DDD’s IP rights with respect to LG and to generate additional returns on DDD’s IP investments.”

Alan Whitehurst, Partner at Quinn Emanuel Urquhart & Sullivan LLP, said:  “Our clients are of the highest caliber, and we are proud to count DDD among them. With the help of Dominion Harbor, we plan to leverage our trial-proven IP experience and depth of resources in order to maximize the value of DDD’s IP.”

David Pridham, Chief Executive of Dominion Harbor Group said:  “Quinn Emanuel’s reputation as a world-class patent litigation firm and the enthusiasm they have shown for the opportunity to work with DDD made their selection an easy choice. They have an exemplary track record as one of the go-to firms for ‘bet the company’ intellectual property litigation for the world’s leading technology businesses.” 

Enquiries:

DDD Group

Chris Yewdall, President & CEO

Victoria Stull, CFO

+1 310 566 3340

Peel Hunt LLP (UK Nomad/Joint Broker)

Richard Kauffer / Euan Brown

Beaufort Securities (Joint broker)

Jon Levinson / Elliot Hance

+44 (0)207 418 8900

 

 

+44 (0)207 382 8300

Blytheweigh (UK IR)

Tim Blythe / Wendy Haowei / Andrea Benton

+44 (0)207 138 3204

Berns & Berns (US PAL)

Michael Berns, esq.

+1 212 332 3320

About DDD Group

About DDD

DDD transforms the visual experience. Its advanced imaging and TriDef® solutions are licensed by leading brands for use in TVs, tablets and PCs. Over 55 million 3D products have been shipped by DDD’s licensees worldwide. DDD’s shares are quoted on the London Stock Exchange’s AIM Market (AIM: DDD) and the OTCQX (DDDGY). For more information please visitwww.ddd.com.

About Quinn Emanuel Urquhart & Sullivan, LLP

Quinn Emanuel Urquhart & Sullivan, LLP is a 600+ lawyer business litigation firm – the largest in the United States devoted solely to business litigation.  Quinn Emanuel’s lawyers have tried 1,516 cases and won 1,371, or over 90%.  When representing plaintiffs, Quinn Emanuel’s lawyers have won over $15 billion in judgments and settlements.  Quinn Emanuel has won five nine-figure jury verdicts in the last ten years and has also obtained eight nine-figure and five ten-figure settlements. For more information please visit www.quinnemanuel.com.

About Dominion Harbor Group, LLC 

Dominion Harbor Group was founded in 2013 by seasoned legal, technical, engineering and financial professionals dedicated to the premise that patents are a sacrosanct and critical component of the United States and global commercial marketplaces. The firm’s highly specialized and talented team manages, helps protect and preserve intellectual property portfolios, maximizes values of patent portfolios through licensing, helps enforce and defend clients’ critical intellectual property rights, and advises owners and investors in realizing appropriate value for innovations and risk taking in the patent market. www.dominionharbor.com.

Advanced Oncotherapy – Proton Radiation Therapy Shows Ongoing Advancements Throughout Past Quarter

AVO1From TMCNet Education Technology – Business Wire

 

Proton Radiation Therapy Shows Ongoing Advancements Throughout Past Quarter.

Since physician scientists from Loma Linda University’s Cancer Center (LLUCC) developed and brought proton therapy into the hospital setting 25 years ago, the technology has saved thousands of lives and has shown countless advancements.

“Proton therapy’s efficacy as a premiere radiation treatment modality for cancer and other diseases is being reaffirmed every day by the people whose care and longevity have been greatly enhanced by this remarkable technology,” said Jerry D. Slater, M.D., chairman of the LLUCC Proton Treatment and Research Center.

Full article here