British outfit Sepura offers tantalising prospects, according to one analyst cited by Tempus. The company, which manufactures radios specifically designed for emergency services or for clients who require kit robust enough for extreme conditions, has just been sanctioned to sell its products in the US last fall and is now in the process of building its sales force. The company also offers a one-stop solution - which includes maintenance services - which is preferred by commercial clients. Sepura's revenues in that segment are already growing in the mid to high teens. Furthermore, the company now has the product, technology and expertise in-house to grow further into those areas. It is also taking work, in the traditional handset area, from its two huge rivals, Motorola and EADS. The shares are best thought of as a long-term hold for growth, says The Times's Tempus. Royal Bank of Scotland is the 'talk' of the City again. The catalyst is an upcoming report from Parliament on the state of the UK banking sector which suggests that RBS should perhaps be broken up into a 'good' bank and a 'bad' bank. For some that will allow the lender to more easily re-start lending and for the government to 'off-load' its stake. Yet neither of those results are guaranteed and the risk weighted assets of the non-core loan book, which would presumably be at the heart of the bad bank, have already been whittled down by two-thirds, to 55bn pounds, and are set to continue falling. Best then perhaps for the politicians to shut up and let Chief Executive Stephen Hester get on with running the bank, writes the Financial Times's Lex column today. Military munitions and specialised equipment manufacturer Chemring yesterday announced a new £50m contract with the Pentagon for its Non-Intrusive Inspection Technology, a type of vehicle-mounted improvised explosive device (IED) detector. That shows that the Pentagon is still 'open for business,' but the 78% fall in the group's 2012 profits shows just how damaging the impact of the so-called 'sequestration' in the United States has been and the need for it to be resolved. The firm's market capitalisation has jumped by 20% his year, but there continues to be great uncertainty due to the above. With the shares trading on a current-year earnings multiple of 10.7 falling to 9.4 and yielding a prospective 3.2%, rising to 3.5%, the rating is now hold from buy, says The Daily Telegraph's Questor team. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.AB