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http://www.thesmartshop.co.uk/lightwaverf/store/remote-heating-control?utm_source=Newsletter&utm_medium=Email&utm_campaign=Heatinglaunch&_ccCt=QBXYG_xEf7D71dgUV%7er6BGL8F6_JM31vazKs7i6oS8llPx_UQfD7oZlpkCQ96Bpd

A WORLD FIRST Heating and plumbing monthly mag out today "Lightwave rf-has announced a new element to its connect family of wireless"Smart Home" products enabling accurate monitoring and control of domestic heating systems using a Smartphone, Tablet or PC. This development represents a "world first" as competitive systems cannot yet offer monitoring down to room and individual radiator level." Expect an RNS very soon to announce all this.

Tipped RHPS--Target 280 p within 2 years

With U.S. listings of Chinese Internet companies already at a record high this year, Alibaba Group Holding Ltd.’s highly anticipated New York initial public offering will encourage even more Chinese Internet listings in the U.S., writes Prudence Ho in Wednesday’s Moneybeat column: The volume of Chinese Internet-company IPOs in the U.S. has hit $3.4 billion for the year to date, higher than in any previous full year, according to Dealogic. Chinese listings in the U.S. fell to a five-year low in 2012, after a spate of accounting and fraud scandals marred the reputation of Chinese companies a year earlier. Offerings didn’t pick up until late in 2013. The largest Chinese Internet listing in the U.S. so far this year was e-commerce firm JD.com Inc.’s $2 billion May IPO on the Nasdaq Stock Market. Shares of the unprofitable Alibaba rival have risen more than 50% since its listing. Weibo Corp., which listed in April, is up around 18% since then. And shares in Vipshop Holdings Ltd., which raised $73 million in its March 2012 IPO, are up more than 30-fold since the Chinese online retailer went public. This buoyant performance among U.S.-listed Chinese Internet stocks will draw peers to follow suit, say bankers, but other factors are in play as well. Could be the same here !

Results brilliant-This company really is outstanding and massively undervalued- cash £34 million, Profit before tax in six months £10 million probably at least £20 million for year and only valued at £135 million. Its growing at about 30% per annnum. Taking out the cash gives a value of £100 million and making £20 million per annum gives a p/e of 5, this is ridiculous, should be at least 15 or 20 implying that the share piece should really be 3 or 4 times todays price. OK its Chinese but even taking that into account this is a steal. Will be rerated in my view to nearer a realistic value.

The company expects to spud up to four exploration wells before end-2014 across its licences in the prolific East African Rovuma basin. These will target oil and gas prospects potentially hosting up to 1.3bn gross barrels of oil equivalent. The most exciting prospect has to be Tembo, a 259 million barrel, potentially oil-bearing target onshore Mozambique that will be drilled in the second quarter of 2014 by Anadarko (NYSE: APC), a leading explorer in Africa. Wentworth holds an 11.6 per cent interest in the block, and broker Investec estimates an oil discovery there could be worth up to 86p a share fully unrisked - or roughly double the company's current share price. Anadarko has committed to two firm wells on the licence in 2014, with an optional third well, while Wentworth will also participate in a fourth exploration well with Maurel et Prom at Mnazi Bay in the second half of 2014.

fROM iii (Figures corrected) Brilliant results on batteries and the fuel cell catalist news which could be licensed by Xmas, going places as well. And 3 years operational cash in the bank With the market size of larger batteries of appx £16 billion , just think of the income, with a say 5% royalty rate on this, if they only captured 10% of the market it would be worth £80 million per annum. Company value today £45 million. So on profits of £80 million at a pe of 10 say company value would be £800 million that's 17 times todays value or about £12.60 per share by end 2016. And that's with the batteries alone never mind the fuel cells and whatever else they have in the pipeline. If this all comes of this could be the share of a lifetime. IS THIS CHEAP what do you think !.

According to my calculations next week they should hit primary drill target before going deeper. If sucessfull at this point should really lift price.

Big write up in Shares mag says oversold POTENTIAL 60% + GAIN