Hi,
I'm new here.
Has anyone any recent news on KBC Advanced Technologies.
They certainly have modernised their website.

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Other new arrivals included an estate agency and professional fee funding business. Our Blog offers more information on this interesting bunch.
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ST of IC today - On a bid-offer spread of 121p to 123p, and with a potential chart break-out in the offing, I rate KBC's shares a decent buy.

Shares - KBC continues to look a rare winner in this space.

KBC Advanced Technologies PLC (KBC:LSE) set a new 52-week high during today's trading session when it reached 140.90. Over this period, the share price is up 43.05%.

Offer for KBC

for each KBC Share 185 pence in cash

The US software giant is offering 185p in cash for each KBC share, compared to last night's closing price of 124p for KBC

Trading Update - Replacement
RNS
RNS Number : 4322M
KBC Advanced Technologies plc
20 January 2016







GENERAL TEXT AMENDMENT



The following amendment has been made to the 'Trading Update' announcement released on 20 January 2016 at 07:00 under RNS No 3757M.



'Cash and cash equivalents at 31 December 2016 totalled £12m' now reads 'Cash and cash equivalents at 31 December 2015 totalled £12m'.

All other details remain unchanged.

The full amended text is shown below.



KBC Advanced Technologies plc

("KBC", the "Company" or the "Group")

Trading Update



KBC is pleased to announce the following trading update in relation to the full year results for the 12 months ended 31 December 2015.

As expected, KBC had a strong second half year and the Board anticipates that results for the year to 31 December 2015 will therefore be in line with management's expectations. Cash and cash equivalents at 31 December 2015 totalled £12m.

Following early action in 2015 to address the deteriorating situation in the oil and gas market the company was able to reshape and focus to deliver strong margins in Consulting and ensure a good performance, against market headwinds, in Technology sales including some notable new relationships such as the WorleyParsons contract previously announced in October.

Consulting continued to deliver projects successfully and to diversify its revenues, with notable wins in the Middle East and Russia.

Whilst the significant recent oil and gas price pressures are inevitably causing uncertainty across the hydrocarbon industry, KBC is well positioned as it enters 2016 with a strong order book. Its main business focus and expertise is the provision of profit improvement for clients at a time when they need to operate their assets more cost-effectively.



- Ends -

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