AEA Technology



Provides consultancy, technical services and products to three markets: Rail; Environment and Portable Power . AEA operates from 50 locations worldwide, including Harwell, Derby, Thurso, Glasgow in the UK, with offices also in the US, Canada, the Netherlands and Germany.




http://www.aeat.co.uk/

yeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaa

:-))))))))))))))))))))))))))))))))))))))))

http://www.4-traders.com/AEA-TECHNOLOGY-PLC-4001047/news/AEA-TECHNOLOGY-PLC-ODA-with-Cofely-GDF-Suez-win-CHPA-Award-sponsored-by-AEA-13911616/

two good rns out

YYEEEEEEEEEEEEEEEEEAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHH!

KKKKKKKKKKKKEEEEEEEEEEEEEEEEERRRRRRRRCCCCCCCHHHHHHHHHIIIIIINNNNNNNNGGG!

Sorry I had it get in first!

INTERIM RESULTS STATEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2011

AEA Technology Group plc ('Group'), a leading technical, energy and sustainability consultancy, today announces its financial results for the six months ended 30 September 2011.

Orders up 84% to 73.0 million (2010: 39.6 million)

Revenue up 5% 53.3 million (2010: 50.6 million)

Adjusted operating profit up 10% 2.3 million (2010: 2.1 million) 1

Operating profit 0.2 million (2010: 6.7 million loss)

Adjusted profit before tax 1.0 million (2010: 1.1 million) 1

Loss before tax 2.1 million (2010: 8.8 million loss)

Net debt 34.3 million (30 September 2010: 31.7 million, 31 March 2011: 28.3 million)

Secured approval of Lloyds Banking Group to amend financial covenants for 2012 and allow continued access to the banking facility for the foreseeable future. The Directors expect to successfully renegotiate covenants for 2013 during 2012

John Lowry has been appointed as interim CEO (see separate announcement)

Order intake is showing positive progress throughout the Group; ERG $38.9 million 2, PPC $45.9 million, up 23% and Europe 20.1 million, up 32%

In the US we continue to win orders despite the current economic environment while in the UK market conditions remain tough but with some stability returning

The second half of the year will be impacted by a reduced forecast revenue and adjusted operating profit outturn at PPC, our Washington based operation. As reported previously, performance at ERG, our Boston based operation, and Europe remain in line with Management's expectations

Having announced on 16 November 2011 that the Group's adjusted operating profit for the current year would be significantly lower than the Board's expectations, the Board is firmly focused on improving profitability and managing cash flow


1 A reconciliation of adjusted operating profit and adjusted profit before tax is given below the Consolidated income statement.
2 No comparative information is available as the business was acquired in November 2010.

Relentless buying now.....this is heading for 1p by the end of the week!

Got to be the easiest 50% profit ever even if you buy now!

Interest of Non-Executive Director

Share Purchase on behalf of Timothy Michael Robinson

AEA Technology Group plc announces that it was notified on 30 November 2011 that a total of 153,709 Ordinary Shares of one pence each in the Company were purchased on that date on behalf of Timothy Michael Robinson at a price of 0.676 pence per Share.

The purchase follows Mr Robinson's election to receive 100% of his net fees in the form of Ordinary Shares and has been made pursuant to an agreement on terms upon which Shares are purchased on his behalf on a regular basis in accordance with standing instructions.

Following this announcement the above named Director's beneficial interest in the Ordinary Shares of the Company is as follows:

Previous Holding 453,021
New Holding 606,730
% of Issued Share Capital 0.042%

adacol - you are welcome :-))

adacol - my highest share buy was .23 - rest all below .2 on the dip - to say i am happy is an understatement - already top sliced + took some profit out also and left the rest running free as aat i believe will still hit 1p in the not too distant - hope you did well here too - i am guessing yes by the yeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaa :-))))))))))))))))))

gl

Out of extended auction +21.4%

gibby - has got to be close to my most profitable share ever.....not far off breakeven for the year now...top sliced at .66 as got in at .25 but have left alot running until ?

adacol - good stuff - one of my best also - glad you've made good profits too - like you i am free running here - next target 1 to1.25, then ? either way massive bonus - we will see just how far in the fullness

bit more data not the broker target mean of 7.0 - i know brokers do not always get it right etc...

http://markets.investorschronicle.co.uk/research/Markets/Companies/Forecasts?YYY2070_dISnrfuDTVqlOAy+dExwLxUbd0cphKwNB05MmAZM9Jdo/4iLfe2ZBlXY9g71eU5dMaQmpTOJMUABCSkl8Bg2qg==

and lol i did a stupid buy into htt a few weeks back even that come good today - about to write that off!! made a mental note never to return to htt :-))))

hi skinny - i hope you made here also

have a good evening all

Yes - I bought on Tuesday and sold half today, I remember these from the tech boom days - sad to see how they have fallen.

good stuff skinny - good to hear it

yep its amazing these were once s now fractions of a pence - having said that good buy in price at the moment to anyone new - good firm order book and loads in the pipeline around $1b + i believe - some of these tenders especially gov contracts take around 10 / 12 months to complete and the good news is that many of these contracts are not that far away from completing - i serioulsy expect 1p + next week and maybe even contract win rns's not far off too - gl

These are good to trade as well.
Sold some this morning at 0.782 and bought back again at 0.66!
See what this afternoon brings....

well done - lots of buys right now :-))

It has got to be done........
You do not want to be out of AAT over the weekend!!!
Got to be loads of newspaper talk over the weekend.....Monday should start with an upwards bang!

Cheers skinny