Specialist Energy Group's proposed new financing measures mean its largest shareholder, MBE, will increase its stake to more than 40 per cent. CEO Ewan Lloyd-Baker emphasised this was not a takeover of the company but a strategic partnership.

Shares in Specialist Energy Group surged this morning after it revealed important new financing arrangements and a placing to raise £5 million at a significant premium to the market price

MDM Engineering is a bellwether for the mining industry thanks to its pivotal role overseeing the construction of some of the sector’s most significant projects and executive director George Bennett says the firm's outlook couldn’t be better.

Specialist Energy Group chief executive Ewan Lloyd-Baker said he was “quietly confident” about the prospects for Hayward Tyler, the company’s main operating subsidiary as it was revealed order intake at HT rose 19 per cent to £25.4 million in the third quarter.

The demand for data is expected to soar as the internet and mobile traffic increases exponentially. And this specialist firm, which has been building vital data centres for over a decade, is one of several firms that’s enjoying the upside of this boom.

Yesterday the shares fell around 15 per cent as the group’s interims revealed the financial impact of delayed shipments. However, after overcoming the ‘one off’ supply chain problem at the root of the delays, chief executive Ewan Lloyd-Baker reckons the engineering firm is set for a better second half.

Earlier this month Specialist Energy Group received bid approaches. And while they are yet to develop into a formal offer, the interest in the company underlines the progress of the company under boss Ewan Lloyd-Baker.  

The company capped a turnaorund year with a solid set of annual results. Now boss Ewan Lloyd-Baker and the team are plotting the next phase of the strategy. 

Analysts welcomed this morning’s funding news with upbeat write-ups. SEG is expected to go from strength to strength as it uses the new cash to boost its exports into India and China, as well as expand its presence in the United States.

The British engineering group will supply its specialised boiler pumps to influential suppliers to the Indian and Chinese energy generation markets. Chief executive Ewan Lloyd-baker told Proactive Investors that its Hayward Tyler unit is flying the flag for the UK in these competitive growth export markets.

CEO Ewan Lloyd-Baker told Proactive Investors he has made contact with McNally Bharat Engineering (MBE), the company’s new 10.79 per cent shareholder, but he says it is too early to say whether the Indian civil engineer plans to increase its stake.

After a difficult start to life as a stock market listed company, the company now stands at the threshold of a much brighter future. Legacy issues have been dealt with and the turnaround programme initiated by CEO Ewan Lloyd-Baker is gaining traction.

Bodycote is one of the most operationally geared companies in the UK, with exceedingly high fixed costs, making profits very sensitive to changing demand.

The group has added £14m worth of new business during H1, and its primary subsidiary Hayward Tyler has been extremely busy shipping boiler pumps to China, India and the Middle East.

Clearly the transformation from a pre-revenue renewable energy business to a profitable energy related engineering business has been one the market has yet to fully understand

Nuclear engineering specialist Redhall Group (Epic: RHL) is well positioned to benefit from the £50 billion nuclear new build programme in the UK, which is expected to get underway in 2013.

2009 revenues, reported this morning, were considerably better, with revenues climbing again, to £36.8 million and gross margins rebounding to 29%, allowing the company to post a net profit of £1.6 million.

Bodycote is a world-leading supplier of heat treatment, metal joining and coating services with some 300 facilities in 30 locations around the world

In the United Kingdom and around the world the company works for both private and public sector customers from such diverse industries as Construction, Environment, Defence, Education and Telecom.

Zenergy is a developer and manufacturer of high temperature superconducting (HTS) materials, and of applications based upon those materials.