Here it is, your all new Cape plc thread. The chart features Bollinger Bands, MACD, 50 and 200 day SMAs.

Cape plc, provides a range of non-mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, training and assessment to both industrial plant operators and major international engineering and construction companies.

Web Site Link:http://www.capeplc.com

Interim Management Statement

Trading

Cape is pleased to confirm that the Group's overall trading for the first quarter has been in line with the Board's expectations.

The UK, Europe & CIS region has performed in line with expectations, with volumes slightly higher and operating margins slightly lower than expectation due to the mix of work across the region. As announced on 26 April, the Group has secured an important maintenance contract in Azerbaijan through its SOCAR CAPE joint venture. The joint venture is currently mobilising to ensure a smooth transition from the previous contractor.

The MENA region has performed ahead of expectations driven by higher activity levels and slightly higher operating margins than expected. The Arzew Project in Algeria remains on track with the revised plan and the cost to complete is expected to be in line with the previously disclosed provision.

Activity levels in the Asia Pacific region remain in line with expectations reflecting higher volumes in Singapore as the large construction project comes to completion offsetting lower volume in the Onshore Australia business that reflects weakening market conditions. Operating profit margins for the region were depressed partly due to this mix of volume and partly due to lower than expected margins in the Onshore Australia business.

In light of the market conditions in Australia and resultant deterioration in business performance, management has instigated further action to reduce costs in order to deliver a strong, cost effective platform for future growth, particularly in the petroleum and LNG markets. The business expects to complete further organisational changes during 2013 including the consolidation of certain branches and the closure of some smaller branches. This will enable the business to maintain its focus on winning and executing major capital work packages whilst building a sustainable maintenance business in the long-term.

Outlook

Cape has made a solid start to 2013. The focus for the year ahead remains driving operational excellence throughout the Group to optimise the performance of its existing business whilst providing the platform for future growth.

In light of current market conditions, the regional outlook for the full year performance for 2013 is anticipated to follow a similar trend to the first quarter, with the Asia Pacific region, and Australia in particular, expected to be challenging. At this stage in the financial year the Board remains confident that the business overall is on track to deliver in line with expectations for the year ending 31 December 2013.

Financial calendar

Cape expects to announce its results for the half year ending 30 June 2013 on 29 August 2013.

Canaccord Genuity Buy 273.88 303.00 303.00 Reiterates

Investec Buy 273.88 375.00 375.00 Reiterates

Numis Hold 273.88 - 300.00 Downgrades

Ooops. I forgot to post that I sold out of these last week. Nothing wrong with the company, but I had to cover a situation elsewhere and needed to raise cash. If it does fall back I may return.

JP Morgan Cazenove Overweight 248.00 248.00 308.00 308.00 Reiterates

Prudential 14% -> 15%

Bullish engulfing candle atm.

Another excellent close.

Investec Buy 273.75 273.50 375.00 375.00 Reiterates

Half Yearly Report

Highlights
• H1 2013 performance in line with the Board's expectations
• Robust performances from the majority of the Group offset by a continued poor performance in Asia Pacific
• Order intake subdued at £239m (H1 2012: £363m) largely due to weakness in Asia Pacific; key prospects targeted for H2 2013
• Arzew Project substantially complete
• Good progress on driving the Operational Excellence programme
• Performance improvement programme initiated in Australia; Exceptional charge of £15.6m (H1 2012: £nil)
• Interim dividend of 4.5p (H1 2012: 4.5p)
• The Board anticipates the full year performance will be broadly in line with expectations

JP Morgan Cazenove Overweight 280.75 280.75 308.00 323.00 Reiterates

Numis Hold 261.50 280.75 300.00 300.00 Reiterates

M&G group > 15%

Ex dividend Wednesday 4.50p.

J O HAMBRO CAPITAL MANAGEMENT GROUP LIMITED > 5%

Reasonable performance in the end and on ex dividend day.

Numis Hold 267.38 265.00 300.00 300.00 Reiterates

sp 246p down 5% following JP Morgan re-rating.

Following LAM - again - low volume.

Trying 280 again.

Interim management Statement November 18th - Financial Calendar