View from the Sea Front
February 29th 2012
By David Andrews
I wonder if journalists read the same economic forecasts? The Daily Express was in bullish mood the other day. BRITAIN SET TO BOUNCE BACK AT LAST, crowed its front page. Ahhhhh, excellent. It has been a long, gloomy winter….but spring does tend to bring out the more optimistic side of our leader writers. A few crocuses peeking out, lighter evenings, a new series of Mad Men, all of a sudden we are not going to Hell in a handcart.
Growth, growth and more growth is on the agenda, reckons the paper, as manufacturing orders start to flow once more, more 95 per cent mortgages appear on the scene, and banks succumb to intense government pressure to do what they are supposed to do and open up credit streams for businesses.
But what’s this? Far more grouchy editorial at the Daily Telegraph. Forget spring. Many challenges lay ahead before we can safely say we have turned the corner, snaps the broadsheet.
Sabien Technology chosen as a Carbon Reduction Partner to Carbon Disclosure Project
PRESS RELEASE
February 29th 2012
Sabien Technology (Sabien) today announced its selection as a Carbon Reduction Partner to the Carbon Disclosure Project (CDP).
CDP is an independent not-for-profit organisation providing a transformative global system for companies and cities to measure, disclose, manage and share climate change and water information.
Some 3,700 organisations across the world’s largest economies now measure and disclose their greenhouse gas emissions and carbon abatement strategies through CDP in order that they can set reduction targets and make performance improvements.
655 institutional investors with US$78 trillion in assets own a large share of the world’s largest publicly listed companies and act as the authority behind CDP.
For UK firms – no escaping rising energy prices and need for Energy Performance Certificates likely to increase investment in energy efficiency, predicts SABIEN TECHNOLOGY
PRESS RELEASE
February 15th 2012
And major report by Siemens UK reveals that 70% of firms plan to invest in energy efficiency projects in the next three years
Reducing energy costs is the primary reason for investment
Energy Performance Certificates become law for commercial buildings after 6 April 2012 – or risk a £5k fine
London – Sabien Technology Group plc (AIM: SNT): Nearly half of UK firms are planning to invest in energy efficiency projects in the next three years – in an effort to reduce rising energy costs, yet over 40% of businesses interviewed cite legislation as a reason to reduce energy consumption, a study shows.
Over 600 companies, both large and small, took part in The Green League Survey carried out by electronics giant Siemens UK* to gauge the impact of the green agenda on the business community.
The report is published as new government regulations are about to become law – Energy Performance Certificates will become a legal requirement for all UK commercial buildings marketed after 6 April 2012.
From that date, all sales brochures of a building must be backed by an EPC, and local Trading Standards representatives will have the authority to demand proof of EPCs can issue fines of up to £5,000 if an EPC is not produced.
Paymentcare Limited announces major initiative – enhanced commission rates are set to provide a lifeline to brokers who have seen rates cut to the bone
PRESS RELEASE
February 13th 2012
10% commission uplift on standard rates for brokers rebroking a policy from another provider (uplift paid for the life of the policy)
Commission Guarantee to pay Trail Commissions for the life of the policy, even when the broker retires from the industry.
Paymentcare Limited, the online independent provider of landlord insurance and payment protection insurance has today announced that it is to pay an enhanced commission rate above standard commission rates on all policies which are transferred from other providers (see table for all commission rates below).
At a time when some brokers have seen their commission rates slashed by policy providers, Paymentcare Limited is also giving a ‘Cast Iron Trail Commission’ guarantee which will apply to the life of the policy – even if the broker has retired in the meantime.
New fund manager research turns the old ‘longer is better’ adage on its head: Moneyspider shows how three year investment time frame is vastly superior to five
PRESS RELEASE
February 13th 2012
Shorter investment horizon pays off: the best performing UK equity funds deliver their highest returns over three years rather than five – MONEYSPIDER.COM debunks myth that the longer an investment is held the greater the profits
A £5,000 investment in MONEYSPIDER.COM’s top performing rated fund over three years would have grown by a staggering 246% to reach £17,301
A similar investment in MONEYSPIDER.COM’s top performing rated fund over five years would have seen an investor do no better than double his money
With an ‘A’ rating from MONEYSPIDER.COM, the Close Special Situations fund tops the performers on a three-year basis
The old maxim that the longer you hold an investment the bigger your return is now dead in the water, new data from investment fund analyst Moneyspider.com (www.moneyspider.com) shows.
“Our latest performance tables show the best returns have been had from investing in equity funds over a three-year time span rather than five. Reward does not necessarily come to those who wait,” says Moneyspider.com’s Tony Ahearne.
SABIEN TECHNOLOGY INTERIM STATEMENT REFLECTS SUCCESSFUL 2011 AND STRONG ORDER PIPELINE FOR 2012
PRESS RELEASE
February 7th 2012
Sabien Technology Group Plc
(“Sabien” or the “Group”)
Unaudited Interim Results for the period to 31 December 2011
Sabien Technology Group plc (AIM: SNT), the manufacturer of the patented M2G energy saving devices, announces its interim results for the six month period ended 31 December 2011:
Highlights in the period
- Sales up 32% to £1,492k (£1,128k in 1st half 2010/11)
- Profit before tax up 63% to £301k (£185k in 1st half 2010/11)
- £1,510k of sales orders already achieved in the first 6 months of this financial year (£1,450k in 1st half 2010/11)
- £354k of orders received since 1 January 2012 giving total orders received for the financial year to date of £1,864k which compares with 2010/11 full year revenue of £2,087k
- New orders for M2G received from public and private sector organisations
- Sales from indirect partners in the period increased to £311k (21% of the total) compared to £70k (6% of the total) in 1st half 2010/11
- Cash at the end of the period was £1,343k (£1,033k at 30 June 2011)
- Sales pipeline of £9.5m up from £8.3m in October’s update
- Appointment of Westhouse Securities Limited as NOMAD and Broker