If this goes to plan surely it could be massive for CAN,,,,,,,,,,,DYOR
10 February 2014
Clean Air Power Limited
(“Clean Air Power” or the “Group”)
Concept Development Agreement
Clean Air Power (AIM: CAP), the developer and global leader in Dual-Fuel engine management software for heavy duty vehicles, today announces that it has entered into a funded concept development agreement with a global truck manufacturer to develop a Dual-Fuel engine for a South East Asian market. This is the first program to be awarded through the cooperation agreement with Ricardo, Inc, signed in September 2013.
The purpose of the development program is to utilise Clean Air Power’s Dual-Fuel™ combustion technology to deliver an advanced dual-fuel engine that not only achieves its emissions objective but also reduces the extent of emissions after-treatment required by the base diesel engine.
Subject to a successful concept phase, expected to last 6 months, the agreement will then enter a second stage to bring the advanced dual-fuel engine to start of production.
Commenting on the agreement, John Pettitt, CEO of Clean Air Power, said:
“It is a pleasure to be announcing a concept study so quickly after entering the cooperation agreement with Ricardo. This is a very exciting but challenging program which highlights the interest in our technology in major world markets including Asia.”
Well we should have news next week and IMV think it will be positive,no advice intended so DYOR
11 Nov 13
Tangent...
Canaccord Genuity
Buy
9.25
13.00
13.00
Reiterates
TIPPED :-)
From the Investors' Chronicle (20/2/14):
"Mission Marketing ready to recover and re-rate
The Bank of England expects the UK economy to grow at a remarkable 3.4 per cent in 2014, up from 1.9 per cent in 2013, suggesting the UK recovery has finally found its feet. This is excellent news for the cyclical advertising market, which should soon move back to growth mode after several years of contraction. Surprisingly, this has yet to be properly factored into the share prices of marketing companies listed on Aim, which have been largely left behind in the recent stock market rally. None look cheaper than Mission Marketing (TMMG), a full-service advertising and PR agency with 18 offices mainly outside of London, whose shares trade on just six times forecast earnings for 2014 against a peer group average in the low double-digits.
Never wrong to bank some cash :-) but with results only three weeks away and I think are going to be very posotive I'm stying fully in......all IMO & DYOR