Sparkco2etcsec Discussion Threads

[outsider] 06/1/2010 09:38

does it matter?

you cant change the header, will anyone get confused over 1 letter wrong?


plenty of other posts with spelling mistakes.....maybe you'd care to search them out if it's your thing....shold keep you busy!!! (sorry for the grammmmer and spelling of grammmmer)


this is just a bb not the bbc or internet newspaper!

[barbudo viejo] 05/1/2010 21:42

for your header; this is how you spell 'independent'.

[outsider] 05/1/2010 09:59

its sad not so many investors around, so few buys since results.

This is heads you win tails you win as long as they stay profitable.....ie if they fail to meet their targets there is no dilution.


If they meet or exceed their targes the price is dirt cheap, even with the extra shares issued.



EPS 8.6p for SIX MONTHS share price, 21.75p. if say 13p for full year a p/e of under 2


1.9m Cash 1.54 mkt cap

[outsider] 04/1/2010 22:21

thx Jim.

Ian yes & going back there were some 100k buys 2p over offer before results.....knowing how the market makers work on PLUS now this won't rise in a rush, but will go up slowl over the next few weeks, I'm fairly sure.

[ianbrewster] 04/1/2010 16:49

Good to see the last buy was 1p over the offer for 10k shares

[egoi] 04/1/2010 13:05

Phenomenal results - great find Pete!

[outsider] 04/1/2010 12:53

By Rowena Mason, City Reporter


Published: 12:02AM GMT 21 Dec 2009



Political leaders signed a watered-down agreement this weekend with no future
roadmap to international emissions trading.

However, President Barack Obama is likely to use the US's commitment to
lowering its emissions as a way of forcing his cap-and-trade bill through
the Senate in the spring.

Richard Gledhill, head of climate change at the accountancy firm, said the US
acceptance of the
Copenhagen Accord would "accelerate huge growth in the global
carbon market", possibly tripling its size over the next decade.

Trading in carbon markets has grown to £75bn since the EU Emissions Trading
System was launched in 2005 and London has emerged as the leading centre for
trading and investing in carbon.

[outsider] 04/1/2010 12:29

They're even ahead of the whole year to end of 2010 forecast of 901,818 as these results are SIX months.

[outsider] 04/1/2010 12:25

price is almost certain to rise over the next few weeks


they forecast 282,347 GBP


they made 852,999 GBP pre tax (for SIX months).......stunning.

[outsider] 04/1/2010 12:17

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

4th January 2010

Interim results for the six months ended 31st October 2009

CarbonDesk is pleased to announce its final results for the six months ended
31st October 2009.

- CarbonDesk Limited gained FSA approval in August 2009

- The Company has shown a strong revenue of £2.4m

- Net profits after tax of £0.61m reflecting strong markets over the summer

- Staff numbers increased to thirteen

- Appointment of the Lord St. John of Bletsoe to the board

- The Company has taken a new 10-year lease at 4 Chiswell Street, London

Chairman's statement

The Company has achieved very good results, for a start up, due mainly to
extremely large volumes in the carbon spot market during the months of June
and July. The Company has reported revenues of £2.358 million in the period,
pre-tax profits of £0.846m and achieved net profits after tax of £0.61m. This
represents an impressive transition to profitability at a very early stage of
the Company's development. However, since the summer, volumes have dwindled
and we do not expect to be able to repeat these revenues in the second six
months to March 2010.

CarbonDesk Limited, our operational subsidiary, was approved by the FSA in
this period which allows the company to broke both futures and options in the
Carbon Markets which we expect to be the largest contributor to the Company's
revenue in the future.

Since listing we have expanded to thirteen staff as we have bolstered capacity
in trading, research and compliance.

Regular research reports now go out to more than 700 subscribers.

Also, we have moved to larger premises and signed a 10-year lease on
favourable terms.

The Board is pleased to welcome the Lord St. John of Bletsoe to the Board.
Anthony brings enormous experience and has for many years been committed to
green and renewable energy and the benefits that carbon trading will bring to
reducing climate change.

CarbonDesk is operating in a rapidly expanding market and the Board is
confident that the Company is poised to benefit from the increased volumes.
However the failure of the world's leaders to agree on a binding protocol in
Copenhagen may delay this for some time.

The Directors do not propose to declare a dividend for the period.

In addition the Board wishes to announce the following grants of options in
the Group's Ordinary Shares of 5p each in accordance with the terms of the
CarbonDesk Group plc Approved Long Term Incentive Plan.

Directors

Daniel Edelman 155,844

Peter Holmes 155,844

Non-Directors 298,701

155,844 Ordinary Shares of 5p each are to be issued to Brett Stacey under the
acquisition agreement as described in the admission document. The new shares
rank pari passu with the Group's issued ordinary shares and dealings are
expected to commence today, 4th January, 2010. As a result of this allotment
the Group will have 7,258,138 ordinary shares of 5p in issue.

Brad Allan
Chairman
Enquiries:

Brett Stacey, Chief Executive, CarbonDesk Group Plc 020 3384 3650

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7

CONSOLIDATED INCOME STATEMENT

FOR THE SIX MONTHS ENDED 31 OCTOBER 2009

Six Months Six Months Year
Ended Ended Ended
31 October 31 October 30 April
Notes 2009 2008 2009
(Unaudited) (Unaudited) (Audited)

£ £ £

GROUP REVENUE - continuing operations 3 2,357,992 - -
- acquisitions 3 - - 47,981

Cost of sales (17,430) - -

GROSS PROFIT 2,340,562 - 47,981

Administrative expenses (1,487,563) (21,888) (186,205)

852,999 (21,888) (138,224)

Exceptional items - - 110,270

PROFIT/ (LOSS) FROM OPERATIONS 852,999 (21,888) (27,954)

Finance income 183 728 10,142

Finance expense (6,381) - -

PROFIT / (LOSS) FOR THE PERIOD BEFORE TAXATION 846,801 (21,160) (17,812)

Income tax expense (237,105) - -

PROFIT/ (LOSS) FOR THE PERIOD ATTRIBUTABLE
TO EQUITY HOLDERS OF THE COMPANY 609,696 (21,160) (17,812)

Earnings per share

Basic and diluted (pence) 4 8.59 (1.69) (0.75)

Continuing operations

Revenue and operating profit derive wholly from continuing operations.

Total recognised gains and losses

There were no recognised gains or losses other than the losses for
the current and prior periods.



CONSOLIDATED BALANCE SHEET

AT 31 OCTOBER 2009

31 October 31 October 30 April
Notes 2009 2008 2009
(Unaudited) (Unaudited) (Audited)
£ £ £

NON CURRENT ASSETS
Intangible assets 5 3,991,019 - 1,187,493
Property, plant and equipment 58,752 - 9,488

4,049,771 - 1,196,981

CURRENT ASSETS
Trade and other receivables 66,289 54,322 58,691
Cash and cash equivalents 1,885,611 85,336 937,249

1,951,900 139,658 995,940

TOTAL ASSETS 6,001,671 139,658 2,192,921

EQUITY
Called up share capital 6 355,115 62,502 353,865
Share premium account 254,219 52,307 252,969
Merger reserve 67,780 - 67,780
Other reserve 3,558,526 - 755,000
Retained earnings 338,510 (274,534) (271,186)

EQUITY ATTRIBUTABLE TO EQUITY

HOLDERS OF THE COMPANY 4,574,150 (159,725) 1,158,428

CURRENT LIABILITIES
Trade and other payables 1,427,521 299,383 1,034,493

6,001,671 139,658 2,192,921



CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

AT 31 OCTOBER 2009

Share Share Merger Other Retained Total
Capital Premium Reserve Reserve Earnings
£ £ £ £ £ £

BALANCE AT 1 MAY 2008 62,502 52,307 - - (253,374) (138,565)

Net loss for the period - - - - (21,160) (21,160)

BALANCE AT 31 OCTOBER 2008 62,502 52,307 - - (274,534) (159,725)

Issue of share capital 291,363 - - - - 291,363

Premium on issue of share capital - 223,583 67,780 - - 291,363

Cost of share issue - (22,921) - - - (22,921)

Contingent consideration on acquisition of
subsidiary - - - 755,000 - 755,000

Net profit for the period - - - - 3,348 3,348

353,865 252,969 67,780 755,000 (271,186) 1,158,428

BALANCE AT 30 APRIL 2009

Conversion of warrants 1,250 - - - - 1,250

Premium on conversion of warrants - 1,250 - - - 1,250

Revaluation of contingent consideration - - - 2,803,526 - 2,803,526

Profit for the period - - - - 609,696 609,696

BALANCE AT 31 OCTOBER 2009 355,115 254,219 67,780 3,558,526 338,510 4,574,150



CONSOLIDATED CASH FLOW STATEMENT

FOR THE SIX MONTHS ENDED 31 OCTOBER 2009

Six Months Six Months Year
Ended Ended Ended
31 October 31 October 30 April
2009 2008 2009
(Unaudited) (Unaudited) (Audited)
£ £ £
CASH FLOW FROM OPERATIONS

Profit / (loss) for the year 852,999 (21,888) (27,954)
Increase in receivables (7,598) (53,343) (33,763)
Increase in payables 155,923 12,681 817,554
Depreciation 7,536 - 435
Exceptional items - - (67,584)
Foreign exchange differences 7,212 - 1,286
Share based payments - - 15,000
Interest received 183 728 4,642
Interest paid (6,381) - -

Net cash inflow /(outflow) from 1,009,874 (61,822) 709,616
operating activities

CASH FLOWS FROM INVESTING
ACTIVITIES

Acquisition of subsidiary - - 277,437
undertaking
Purchase of property, plant and 56,800 - 4,631
equipment

Net cash outflow from investing (56,800) - (282,068)
activities

CASH FLOWS FROM FINANCING
ACTIVITIES

Proceeds from share issue 2,500 - 386,750
Issue costs - - (22,921)

Net cash inflow from financing 2,500 - 363,829
activities

INCREASE/ (DECREASE) IN CASH AND
CASH EQUIVALENTS IN THE YEAR 955,574 (61,822) 791,377

CASH AND CASH EQUIVALENTS AT
START OF PERIOD 937,249 - 147,158

Effects of foreign exchange on
cash and cash equivalents held in
foreign currencies (7,212) - (1,286)

CASH AND CASH EQUIVALENTS AT END
OF PERIOD 1,885,611 (61,822) 937,249



NOTES TO THE FINANCIAL STATEMENTS

FOR THE SIX MONTHS ENDED 31 OCTOBER 2009


1 GENERAL INFORMATION

CarbonDesk Group Plc is a public limited company incorporated and
domiciled in England and Wales.

The address of the registered office is 4 Chiswell Street, London
EC1Y 4UP and the registered number of the Company is 05778750.

The subsidiary undertakings included within the consolidation are
as follows:

Proportion Country of
Subsidiary Class of directly Nature of business incorporation
undertakings: holding held

Independent carbon
CarbonDesk Limited Ordinary 100% credit broker UK


2 BASIS OF PREPARATION

This Interim Report, comprising the Consolidated Income Statement,
Consolidated Balance Sheet, Consolidated Statement of Changes in Equity,
Consolidated Cash Flow Statement and accompanying Notes, has been prepared
in accordance with the recognition and measurement criteria of IFRS save
that the Company has elected not to adopt IAS34, Interim reports.
These IFRS interim financial statements do not include all the information
required for full IFRS annual financial statements.

The interim results do not constitute the statutory accounts within the
meaning of s435 of the Companies Act 2006. The financial information in
this report for the six months to 31 October 2009 and to 31 October 2008
has not been audited. The comparative figures for the year ended 30 April 2009
are extracted from the Company's audited financial statements for that period
as filed with the Registrar of Companies. It does not constitute the financial
statements for that period. Those accounts received an unqualified audit report,
which did not contain any statement under sections 498(2) or (3) of the
Companies Act 2006 and did not include a reference to any matters to which
the auditor drew attention by way of emphasis without qualifying the report.

The auditors have reviewed this interim report and their report is set out on page 2.

The accounts for the interim period have been prepared in accordance with the
policies which the Company will adopt for its 2010 annual accounts.

The accounts were approved by the directors on 4 January 2010


3 SEGMENTAL INFORMATION

Six Months Six Months Year
Ended Ended Ended
31 October 31 October 30 April
2009 2008 2009

£ £ £

Brokerage commission
receivable - derived from UK 2,357,992 - 47,981

4 EARNINGS PER ORDINARY SHARE

Basic earnings per ordinary share is calculated by dividing the
profit or loss after taxation by the weighted average number of shares in
issue during the period.

Diluted earnings per share is calculated by adjusting the weighted
average number of ordinary shares to assume conversion of all dilutive
potential ordinary shares. The Company has no potentially dilutive ordinary
shares at 31 October 2009.

Six Months Six Months Year
Ended Ended Ended
31 October 31 October 30 April
2009 2008 2009

£ £ £
Profit/ (loss) for the period
attributable to equity shareholders of
the company 609,696 (21,160) (17,812)

Number Number Number
Weighted average number of shares for
the purpose of basic and diluted
earnings per share 7,091,017 1,250,040 2,349,658


5 INTANGIBLE ASSETS

Goodwill

£

At 31 October 2008 -
Acquired on acquisition of subsidiaries 1,187,493

At 30 April 2009 1,187,493

Revaluation of contingent consideration 2,803,526

At 31 October 2009 3,991,019


6 EQUITY
31 October 31 October 30 April
2009 2008 2009

£ £ £
Authorised:

60,000,000 : 14,000,000 : 60,000,000
Ordinary shares of 5p each 3,000,000 700,000 3,000,000

Allotted, called up and fully paid:

7,102,294 : 1,250,040 :7,077,294
Ordinary Shares of 5p each 355,115 62,502 353,865

On 23 July 2009 the Company allotted 25,000 ordinary shares of 5p,
following an exercise of warrants at an exercise price of 10p per share. The
new shares rank pari passu with the Company's issued ordinary shares.


7 EVENTS ARISING AFTER THE PERIOD END

On 13 November 2009 The Company granted a total of 2,889,018 warrants
exercisable at 10p per share in accordance with the Company's Share Warrant
Instrument.

[outsider] 11/12/2009 11:22

Trade Date Trade Time Price Volume Type Considerations Conditions
10/12/2009 15:55:45 22.00 100,000 O 22,000.00
10/12/2009 15:55:38 22.00 100,000 O 22,000.00
10/12/2009 16:35:31 19.00 40,000 O 7,600.00
10/12/2009 10:41:00 22.00 100,000 NB 22,000.00

[outsider] 10/12/2009 10:56

100,000 bought at 22p 10% or 2p over offer price, bodes well I think

[outsider] 25/11/2009 14:07

2 buys today at 20.5 above offer (1 mine)

[outsider] 13/11/2009 08:18

Company CarbonDesk Group plc

Symbol CO2P

Headline Issue of Warrants

Released 13 November 2009

RNS Number

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

13 November 2009

Issue of Warrants

CarbonDesk Group Plc announces that in accordance with the Company's Share
Warrant Instrument, the following warrants will be granted to the following
individuals under that Share Warrant Instrument and are exercisable at 10p per
share:

Christopher Mansfield 39,018

Raewyn Harrison 50,000

Jeremy Friedlander 50,000

Brad Allan 250,000

Lord Anthony Tudor St John 500,000

Daniel Edelman 900,000

Brett Stacey 550,000

Peter Holmes 550,000

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7



END

[outsider] 12/10/2009 10:51

Company CarbonDesk Group plc

Symbol CO2P

Headline Holding(s) in Company

Released 12 October 2009

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

12 October 2009

Holding(s) in Company

CarbonDesk Group Plc announces that, following the purchase of 112,500 shares,
Astoncraft Ltd Holdings now owns 462,500 ordinary shares of 5p, which
represents 6.51% of the total share capital of the Company.

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7



END

[outsider] 28/9/2009 13:17

Agree Ian, one attraction of investing is the 'heavyweight' board in a plus market context...In fact in any context, I think the board is quite strong.

[ianbrewster] 28/9/2009 10:34

That appontment certainly doesn't dilute the credentials of the board.

If they can attract that caliber of non-exec, they must be telling a reasonable story.

[outsider] 28/9/2009 09:43

Company CarbonDesk Group plc

Symbol CO2P

Headline Board Change

Released 28 September 2009

RNS Number

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

28 September 2009

Board Change

CarbonDesk Group plc is pleased to announce a new Board appointment, that of
Lord Anthony St John to the role of Non-Executive Director.

Lord St John is a qualified solicitor with a Masters in Maritime Law from the
London School of

Economics and is on the Advisory Board of the Global Carbon Exchange.

He is a former Managing Director of Globix UK, a NASDAQ-listed Internet
Infrastructure Provider, and President of Global Sales and Marketing of Globix
Corp and has acted as a consultant to Merrill Lynch, specializing in
parliamentary liaison and emerging markets, since 1991.

He has been a crossbench member of the House of Lords since 1979 and was appointed
an Extra Lord-in-Waiting to HM The Queen in 1999.

Lord St John currently holds a number of other positions including Chairman of
the Governing Board of Certification International, providers of ISO 9000 Quality
Management Systems; Non-Executive Chairman of Estate and General; Non-Executive Director
of Regal Petroleum plc; Strategic Adviser to 2e2 plc; and Non-Executive Chairman of
Spiritel plc and is a Non-Executive Director of Albion Enterprise VCT PLC.

Lord St John is President of Friends of Television Trust for the Environment
and has a strong parliamentary interest in environmental protection and the
promotion of clean technology businesses.

Brett Stacey, Chief Executive of CarbonDesk, said,

"I am delighted that Lord St John has agreed to join the board of the Company
as a Non-Executive Director. This appointment further strengthens the Board,
and reinforces our continued quest for a greater share of this rapidly
expanding market."

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7

[outsider] 22/9/2009 16:39

Company CarbonDesk Group plc

Symbol CO2P

Headline Board Change

Released 22 September 2009

RNS Number

CARBONDESK GROUP PLC

("CarbonDesk" or "the Company")

22 September 2009

Board Change

CarbonDesk Group Plc announces David Bates has left the Company and is no
longer a Director of CarbonDesk Group plc.

Enquiries:

Brett Stacey/Daniel Edelman/Peter Holmes, CarbonDesk Group Plc 020 3384 3650

Hugh Fleming, Company Secretary, Aldermary Secretaries Ltd 020 7332 2200

Nick Martin/Jerry Zheng, Alexander David Securities 020 7448 9836/7



END

[outsider] 15/9/2009 10:10

ADVFN have kindly set up CO2p on the monitor now, so you can check live prices, use symbol CO2P.GB.


Graph added in header too.

[outsider] 10/9/2009 12:14

Oh I'm confused, how an earth has the page veiwer jumped from about 00090 to 11894?


Very strange!!

[egoi] 08/9/2009 11:32

There's a whole succession of options announcements from Rivington over recent months at imho ridiculously low prices. Director incentives are fine, but these are just absurd imho!

Run your eye down this lot!



Anyway back to Carbondesk a great find of your's keep 'em coming! -:)

[outsider] 08/9/2009 11:15

Ah not read that, but a big difference between 4p (3.8p) & 40p!

[egoi] 08/9/2009 11:11

Hopefully they will keep stakebuilding! - Nice!

P.S. and o/t: Don't know about you, but all these Rivington options at 3.8p; makes me want to throw up personally! (Especially when they are buying back shares at 40p or whatever for cancellation!!!) -:)

[outsider] 08/9/2009 10:50

50,000 at 20p liqidity not bad as that's 10,000 GBP.