Tag Archives: GP

Should I Buy Serco Group?

By Harvey Jones, The Motley Fool

Filed under:

LONDON — I’m window-shopping for shares again, and there are plenty of goodies for sale. Should I pop Serco Group  into my basket?

Serco soars
Prisons and hospital outsourcing company Serco Group is on a roll right now. Its share price is up 10% in the last month, after it reported a 27% rise in full-year profits for 2012 to 302 million pounds. The market understandably likes this stock right now. Should I buy it?

Recent performance is particularly impressive, because I would have expected Serco Group to struggle at the moment. It does a lot of outsourcing for the public sector, both in the U.K. and U.S., and with government budgets under pressure, its bottom line should be under pressure. It was certainly squeezed in the U.S., which makes up 20% of its sales, where federal government spending cuts knocked 14% off organic revenues. Serco more than offset these losses by winning a record 5.8 billion pounds of new global contracts, while its order book rose nearly 7% to 19.1 billion pounds. Group revenue rose 5.7% to around 4.9 billion pounds. The dividend was lifted 20% to 10.10 pence. Investors were understandably happy.

Emerging profits
I’m happy to see that Serco generates more than 45% of total group revenue outside the U.K., up from 40% in 2011. Its Australasian, Middle Eastern, Asian, and African operations posted organic growth of 22% last year, as management seeks superior growth prospects and wider margins in emerging markets. This also helps offset political risk in the U.K. While Serco has benefited from the coalition’s welfare reforms, it constantly risks political backlash. In 2011, it was pilloried for driving prisoners to court in black cabs, while last month, the National Audit Office recently accused Serco of fiddling figures to hit performance targets at its out-of-hours GP service in Cornwall. Given the political dangers and shrinking public sector budgets, I’m glad to see Serco looking farther afield.

With a 31 billion-pound pipeline of new projects, management has good reason to be confident about the future. The board is even bullish about the U.S. opportunities, although it did warn that investors should only expect “modest improvement” in organic growth this year. On a current yield of 1.7%, some investors may be hoping for more income (others will be glad to see Serco plough the money back into its business). But the recent 20% hike, covered a generous 4.2 times, suggests there is scope for further dividend growth as profits rise.

Watch and wait
Forecast earnings-per-share growth of 2% this year is disappointing, although it should rally to 10% in 2014. Revenues are expected to grow from 4.91 billion pounds in 2012 to 5.17 billion pounds this year and 5.47 billion pounds in 2014. Broker views are mixed. Credit Suisse is neutral, but JP Morgan Cazenove is overweight, and Liberum Capital and Espirito Santo both hail Serco a buy, the latter with a 7.10 pound target price. This stock looks …read more

Source: FULL ARTICLE at DailyFinance

Barclays Bank PLC Announces No Changes to the Atlantic Trust Select MLP Index

By Business Wirevia The Motley Fool

Filed under:

Barclays Bank PLC Announces No Changes to the Atlantic Trust Select MLP Index

Atlantic Trust Select MLP Index used as underlying index in the Barclays ETN+ Select MLP ETN (ticker: ATMP)

NEW YORK–(BUSINESS WIRE)– Barclays Bank PLC announced today that following the close of business on Friday, April 12, 2013, there will be no changes to the constituents in the Atlantic Trust Select MLP Index (the “Index”).

Barclays ETN+ Select MLP Exchange Traded Note (“ETN“) is linked to the performance of the volume weighted average price (“VWAP“) of the Index. The ETN was listed on the NYSE Arca stock exchange in March 2013 under the ticker symbol ATMP.

In accordance with the Index methodology as described in the prospectus relating to the ETN, the Index is rebalanced quarterly. The 23 constituents of the Index will be rebalanced on a capped, float-adjusted, capitalization-weighted basis across four index business days starting on Friday, April 12, 2013. Constituent additions to and deletions from the Index do not reflect an opinion by Barclays Bank PLC on the investment merits of the respective securities.

The target weights for the top Limited Partnership (“LP“) and General Partnership (“GP“) Index constituents, effective on April 12, 2013, are reported in the table below. For more information regarding how an Index constituent is classified as a LP or a GP, please see the prospectus relating to the ETN.

LIMITED PARTNERSHIPS         GENERAL PARTNERSHIPS
…read more
Source: FULL ARTICLE at DailyFinance

NHS Hack Day Judgement

525063 10151714044274505 1313883357 n

KDE Project:

Myself and Paul and Nicky and Carry judged the entries. They were all winners. They all showed what could be done when you put people with ideas together with people who can hack. They all showed the power of open, collaborative and friendly development.

The winner was: Pocket TherAPPist, Michael Richardson learnt how to code Android in two days and mastered Eclipse to make a way of recording a patient’s anxiety levels for later review.

Second was NHS Quick Help a PR campaign and simple webpage to point people towards the best place to go when you have a problem, could be A&E but could also be your local Pharmacy, Minor Injuries Unit or NHS 24.

Third was: South East Scotland Anesthesia information, they didn’t add themselves to the project list so I don’t know more 🙁

Fourth was GP Provision Planner, which used open source, open data and open street map to show where GP surgeries are over subscribed or under subscribed for future planning needs.

Code can be found on github/nhshackscotland and on the Project List. Hopefully the NHS staff can take this back and convince their departments and managers to go forth with Freedom.

Judging Mode


The Judges Contemplate

DSCF7407
Coding on NHS Quick Help

…read more
Source: FULL ARTICLE at Planet KDE

Petty Cash: The Greatest Road-Racing Jeep Cherokee in LeMons History

By Murilee Martin

We’ve discussed the AMC products that have raced in LeMons, but we haven’t discussed much about how Jeep—which was owned by AMC from 1970 through 1987—has performed in our race series. You’d think that the XJ Jeep Cherokee, with its solid front axle, high center of gravity, and 1964-era AMC pushrod six engine would be even slower than even the fattest of comfy luxury cars. In the case of Petty Cash Racing and their 1987 Cherokee, you’d be wrong—this Jeep is quick!


Team captain Matt Adair, a Seattle-based rock-crawling enthusiast, had to convince 24 Hours of LeMons Chief Perp Jay Lamm that he could build a RWD Cherokee that wouldn’t wind up on its roof the very first time it tried to turn at a race track. That task accomplished, the Cherokee showed up to the 2009 Arse Freeze-a-Palooza at Thunderhill Raceway in California. The team painted their car Petty Blue, but found that King Richard’s number 43 had already been taken by another team (43 and 69 are the car numbers most sought-after by LeMons racers) and had to go with number 430 for the Jeep.


The team’s drivers came from off-roading backgrounds and weren’t quite ready for the wild elevation changes and challenging turns at Thunderhill Raceway, but the truck handled and braked better than anyone expected, the 4.0 six suffered only a harmonic-balancer failure (a LeMons team that has only one major mechanical failure its first time out is doing very well), and finished a respectable 63rd out of 156 entries.


The team returned to California for the 2010 season and began to get noticed. First, a P45 (out of 147 entries) finish at the first-ever LeMons race at Sears Point, then a Class C win at the 2010 Arse Freeze at Buttonwillow.


Apparently emboldened by the success of Petty Cash, and surrounded by junkyards full of Jeep parts, Martooni Racing of Colorado decided they’d race a Cherokee as well. Sadly, they suffered apocalypse-grade mechanical problems and managed a mere 13 laps at the 2010 B.F.E. GP at High Plains Raceway in  their home state. Clearly, Petty Cash’s experience with thrashing rock-crawler Cherokees gave the team an edge.


The crucible of LeMons racing has done a good job of blasting holes in conventional wisdom surrounding allegedly bulletproof cars and engines, and it turns out that the AMC six isn’t quite as unkillable as self-proclaimed experts would have you believe. At the Sears Pointless 2011 race, the 4.0 a.k.a. 242-cubic-inch six in the Petty Cash Cherokee decided that it …read more
Source: FULL ARTICLE at Car & Driver

Extract lines between tags and conditions

By mannone

Hi forum,
I need help .. I need to extract from the log file logfile.log all the rows between the tags “<SOAP-ENV: Envelope" "” and that contain a certain 0FXTN091GI .

Within logfile.log there could be more ‘occurrences of the same

Some more ‘experienced than me’ with awk or sed could direct me on how to do?

Tnk
Pier

logfile.log
————————————————————————————————–

030061211118838
20130116082914

20130116 08:29:15:820:BONES:TRACE:httpWorkerThread-10080-0;SissDCMDBBean RESPONSE OK
20130116 08:29:16:36:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:29:43:815:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:29:45:950:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:30:03:185:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:30:03:213:BONES:TRACE:httpWorkerThread-10080-0;SissDCMDBBean MESSAGGIO DELLA CODA

04848685

054HN0L9OV

088952
20130416090000
0
13B000028775
OCARROLLA

CNDGRL76M44G371U
23

26
1
1553
030978

AMBULATORIO CARDIOLOGICO _DR.ROLLA

1^PIANO – STANZA N. 12

20130416090053

030101038898067
20130116083003

20130116 08:30:03:939:BONES:TRACE:httpWorkerThread-10080-0;SissDCMDBBean RESPONSE SEBC00001esito negativo della transazioneCittadino non trovatoED0111Cittadino non presente in anagrafeDato input non validoEA0004
20130116 08:30:04:173:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:30:04:174:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:30:54:927:BONES:TRACE:httpWorkerThread-10080-0;SissErrorMDBBean onMessage() – ENTER –
20130116 08:30:54:949:BONES:TRACE:httpWorkerThread-10080-0;SissDCMDBBean MESSAGGIO DELLA CODA

20130116 08:33:38:431:BONES:TRACE:httpWorkerThread-10080-1;SissDCMDBBean MESSAGGIO DELLA CODA

038456494

R2APDC33
438901.47
20130220113000
0
13B000031281
432PLPAV

GRahsui351Q
23

5
1
1502
030979

(N) UROLOGIA

20130220113033

030120504331198
20130116083338

20130116 08:33:39:691:BONES:TRACE:httpWorkerThread-10080-1;SissDCMDBBean RESPONSE <m:GP.registraAppuntam

————————————————————————————————–

the expected result should be this:

result.txt
————————————————————————————————–

20130116 08:30:03:213:BONES:TRACE:httpWorkerThread-10080-0;SissDCMDBBean MESSAGGIO DELLA CODA

04848685

054HN0L9OV

088952
20130416090000
0
13B000028775
OCARROLLA

CNDGRL76M44G371U
23

26
1
1553
030978

AMBULATORIO CARDIOLOGICO _DR.ROLLA

1^PIANO – STANZA N. 12

20130416090053

030101038898067
20130116083003

————————————————————————————————–

Source: FULL ARTICLE at The UNIX and Linux Forums

The 24 Hours of LeMons 2012 National Champions! The Year’s Best Teams, Marques, and More

By Murilee Martin


The 20-race 2012 24 Hours of LeMons season is over, and we’ve been following all the LeMons action right here on Car and Driver for the first year of our inexplicable sponsorship. All the inspections of never-belonged-on-a-race-track cars, all the ill-advised engine swaps, all the super-creative teams, and all the harsh truths about which cars fare much more poorly than suggested by conventional car-guy wisdom. Now that all the individual race wrap-ups have been done, we need to look at the teams, drivers, and marques that came out on top during the past year. Here they are, the 2012 National 24 Hours of LeMons Champions!

Top Teams of 2012

The points system for determining the championship teams for a season works like this: Your team gets three points just for showing up to a LeMons race and putting at least one tire on the track surface. If you finish first overall, your team gets 10 points. Finish in P2, you get nine points, and so on down to one point for a still-impressive P10 finish. After adding up all the team points for 2012, here’s who came out on top:


1. Speedycop & the Gang of Outlaws, 87 points

As Speedycop, the fast-driving, weird-car-hoarding Washington, D.C., police officer in charge of the Gang of Outlaws, writes in his team’s 2012 season roundup, “How did we win the 2012 National Points Championship in The 24 Hours of LeMons? The answer is simple: Volume!


Speedycop and the Gang of Outlaws entered 28 separate team entries, with 11 different cars, at 11 of the 20 LeMons events during the course of 2012. All but three of their 87 points came from those three-points-just-for-starting awards, because only one of those cars ever cracked the top 10 at a race (the MR2-chassis-equipped Lancia Scorpion finished eighth at the season-ender in Texas). We can’t even begin to scratch the surface of what these Legends of LeMons have accomplished since their 2009 LeMons debut, but you can learn more about this Falcon and the other 10 Gang of Outlaws racin’ machines on the official Speedycop site.


They started the 2012 season in true Speedycoppian fashion, with this 1976 AMC Pacer at the Southern Discomfort 24 Hours of LeMons in South Carolina. Also in true Speedycoppian fashion, this car was later sold to a Colorado team, who drove it to Index of Effluency victory in the ’12 B.F.E. GP.


Of course, the Speedycop & the Gang of Outlaws entry that most messed up our minds—in a good way—was the infamous Racing Trailer, which showed up at the Loudon Annoying race at New Hampshire Motor Speedway. A pop-up camping trailer with a Suzuki X-90 inside, the Speedycop Racing Trailer looked fabulous on the track, managed to turn 168 laps on a grueling NASCAR-centric track, and won Speedycop & the Gang of Outlaws their fourth Index of Effluency trophy (the top prize in LeMons racing).


Well done, Speedycop & the Gang of Outlaws! Get ready for even better stuff from these guys in 2013.


2. Cerveza Racing, 59 pointsThe other way to do well in the season points championship is to place high in the standings in a lot of races, and that’s exactly what the most dominating team of the 2012 season did. These guys have been competing in West Coast LeMons events for years, getting a little better with each passing race, and we predicted that they were poised for a bunch of overall wins earlier in the year, and we were right— three consecutive wins on laps for the Cerveza Racing 1983 BMW 533i (plus some points earned by their other two cars, a pretty quick Porsche 944 and a one-race-wonder air-cooled Beetle).


3. Rally Baby Racing, 45 pointsRally Baby Racing is another team that follows the quantity formula, running 15 separate entries at various Eastern and Southern Region 24 Hours of LeMons events. Their 1975 Mercedes-Benz 450SL, which we think is one of the most beauteous Benzes we’ve ever seen on a race track, debuted at the Real Hoopties of New Jersey, where it won a well-deserved Organizer’s Choice trophy. Rally Baby also runs a couple of Audi 4000s and a BMW 325is with an excellent “Speedykop Mall Security” meta-theme. Not a single Rally Baby entry managed to make it into the top 10 of a race, but those three points for making the green flag add up quickly when you have this many cars.

The other top teams of 2012 were:
4. Subliminal Racing, 44 points
5. Lost In the Dark, 43 points
6. Eyesore Racing, 38 points
7. Keystone Kops, 37 points
8. Team Blue Goose, 34 points
9. Rust In The Wind, 34 points
10. Pulp Friction, 32 points

Top Drivers of 2012

Individual 24 Hours of LeMons drivers rack up championship points in the same way that teams do: three points for suiting up and driving at least one lap on the track during a LeMons race, 10 points for a first-place finish, nine points for second, and so on. Here are the Driver’s Championship winners for the 2012 season.


1. Anton Lovett, 65 pointsAnton has been competing in the 24 Hours of LeMons series since the very beginning. In 2012, he roamed the country, traveling from race to race and signing up for arrive-and-drives with teams running everything from an Austin Mini to a diesel W126 Mercedes-Benz. From California to New Jersey, Wisconsin to Texas, Anton participated in 13 of the 20 LeMons races in 2012.


Anton dragged his 1984 Chevrolet Cavalier wagon from California all the way out to the Flat Rock, Michigan, race in 2007, where his team won the Index of Effluency. By the end of that year, Anton had won his first LeMons Driver’s Championship, making him the only two-time winner of that award in 24 Hours of LeMons history (the Cavalier went on to get destroyed in spectacular upside-down-and-on-fire fashion at Sears Point, but there’s a Cadillac Cimarron replacement in the works).


Anton mostly chose teams with lots of heart but not much horsepower during 2012, but his adopted teams clawed their way into the top 10 of the standings a few times.


At the season-ender in Texas earlier this month, the Harley-Davidson-engined Toyota Prius that he helped build earned him his second Index of Effluency—and the season championship. Congratulations, Anton!

2. Harry Demas, 56 pointsWhen you drive in every race entered by the winningest team on the West Coast, you get plenty of championship points. If only Cerveza Racing had hauled their car out to the season-ender, Harry might have grabbed the 2012 Driver’s Championship. Well, there’s always next year!

The other top drivers of 2012 were:
3 (tie). Pete Pressley (Cerveza Racing)
3 (tie). Charles Gayraud (Cerveza Racing)
5. Steve Kohli (Clueless Racing)
6 (tie). Eric Cayton (Subliminal Racing)
6 (tie). Justin Lauderback (Subliminal Racing)
6 (tie). Jim Mosher (Subliminal Racing)
6 (tie). Matt Phillips (Subliminal Racing)
10. Steven McDaniel (Silver Errors – Big Blue)

2012 Constructor Championship Winners

The marques that compete in the 24 Hours of LeMons are also building up point totals as the teams and drivers are doing the same. A marque gets no reward for its cars just showing up—if there were, General Motors would have done much, much better in this competition—so top-10 spots in the standings are needed to bring Constructor Championship glory to a car manufacturer. Win a race, the marque gets 10 points. P2 gains the marque nine points, and so on all the way down to the single point for a 10th-place finish. At the end of the season, we added up all those points, and here’s how it sorted out:

1. BMW, 283 pointsFor the second year in a row, BMW wins the 24 Hours of LeMons Constructor Championship by a commanding margin. Much of this is the sheer quantity of BMWs in LeMons racing (the E30 3-series is the single most numerous type of vehicle in the series), but it’s tough to argue with seven overall wins for the Bavarian brand. On top of that, BMWs finished second in four races, third in four races, and fourth in eight races. E30s, E12s, E28s, an E34, and even a couple of 2002s grabbed points for BMW in 2012. Much as we’d like to see more E30 teams switch to, say, Autocars Sussitas (or at least convert their cars to rolling monuments to Warsaw Pact dictators), we can’t help but respect the achievements of Bayerische Motoren Werke AG in this series.

2. Mazda, 150 pointsAlso for the second year in a row, Mazda finished a strong second in the LeMons Constructor Championship. Three overall wins, four P2 finishes, five P3 finishes. Miatas, MX-3s, and RX-7s did most of the heavy lifting; if we’d given points to Mazda instead of Ford for badge-engineered Dearborn-ized Hiroshima cars (e.g., Probes, second-gen Escorts), Mazda would have come much closer to unseating BMW.

3. Honda, 129 pointsCivics, Integras, Accords, and Preludes can be among the quickest of LeMons cars, and every race features quite a few of Soichiro’s offspring. If not for the tendency of Hondas to blow head gaskets and shoot connecting rods through engine blocks, these cars would rule the LeMons world.

How did the other major marques fare in our series, you ask? Here you go:
4. Ford, 127 points
5. Nissan, 114 points
6. Volvo, 53 points
7. Toyota, 48 points
8. General Motors, 40 points
9. Chrysler, 36 points
10. Volkswagen, 30 points
11. Audi, 24 points
12. Porsche, 21 points
13. Alfa Romeo, 17 points
14. Mercedes-Benz, 12 points
15 (tie). Saab, 10 points
15 (tie). Fiat/Lancia, 10 points
17. Mitsubishi, 2 points
18. Subaru, 0 points


Yes, with the ten or so Subarus that compete in LeMons races across the country, not a single one managed to squeeze into the top ten of the standings at a race. The photograph above tells most of that story… but someday one of those quick Imprezas is going to prove us all wrong about Subarus in LeMons racing!

2012 Deconstructor Championship

The Deconstructor Championship goes to the marque that most symbolizes futility and heartbreak on the race track during the year. Detroit tends to dominate this award, but not this year!


For 2012, Volkswagen gets a well-earned 24 Hours of LeMons Deconstructor Championship award. From unfixable Sciroccos to quick-but-blow-uppy Golfs to fragile Jettas to spinout-prone and fragile air-cooleds to Brazilian-build-quality Foxes, the car company that started life by ripping off Hans Ledwinka’s designs gave hundreds of LeMons racers the opportunity to test their willpower and patience during the 2012 season.


While there are LeMons Rabbits and Jettas that can turn lap times every bit as quick as any Integra or BMW 3-series, the Volkswagens just don’t hold together as well over the course of a punishing race weekend. Only one VW has ever won a LeMons race (the 2010 Mutually Asssured Destruction of Omaha race saw an eight-valve Mk3 Golf take the win on laps . . . barely).


For all the Volkswagen engine innards that clanked onto asphalt at LeMons races throughout the 2012 season, we salute our friends from Wolfsburg. Congratulations, Volkswagen!

2012 Coppa di Bondo Winner

The Coppa di Bondo award goes to the team that LeMons HQ feels most represented the spirit of 24 Hours of LeMons racing during the previous year. In this case, it’s also something of a lifetime achievement award, taking into account the team’s accomplishments during the last few seasons.

For 2012, the Coppa di Bondo goes to NSF Racing. These longtime Legends of LeMons manage to combine bite-off-way-more-than-they-can-chew optimism with great (i.e., ludicrous) car choices inspired by really bad advice given by the likes of your LeMons correspondent.


NSF started off the 2012 season in dramatic fashion, by bringing a Mitsubishi Cordia to the Southern Discomfort race in March. Since nearly every Mitsubishi product that has ever participated in a 24 Hours of LeMons race has been terribly unreliable, we figured a Cordia would be even worse than that. The NSF Cordia has not disappointed in that department, and yet the team understood that our dream is to put on a LeMons race in which all the cars are as hilariously miserable as the Mitsubishi Cordia.


They say it’s more fun to drive a slow car fast than it is to drive a fast car slow, and NSF’s 1950 Mercedes-Benz 170S—powered by the 57-hp engine from an MGB—served as Exhibit A for that argument. Just look at it! Sure, it ended up blowing a tire and flipping over, but NSF won their third Index of Effluency trophy anyway.


For the season-ender, NSF once again paid too much attention to the cars that LeMons HQ personnel dream of seeing on the race track, this time bringing a genuine Dodge Aries K wagon.


The Aries was every bit as slow as you’d expect, and it broke a few parts during the course of the weekend, but NSF kept hammering it back into shape and returning it to the track. America is back!


Congratulations, NSF Racing! Next up on the home for all your LeMons news, we’ll have the regional award winners for 2012.

Source: FULL ARTICLE at Car & Driver