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There is no loyalty in the world of gambling, so having great marketing is paramount to success. Paddy Power (PAP) is arguably the king of self-promotion and this is reflected in stellar earnings growth, share price performance and geographical expansion. Do not be put off by the high rating - it trades on 21 times forecast 2012 earnings.

The anticipated consensus 15.2p per share of earnings (EPS) pencilled in for the year to March 2013 implies a price/earnings multiple of just six, so any positive news should give the rating and the shares a boost.

. Investors will also get the chance to assess progress on greater cash generation and may even get the nod on a maiden dividend. Cross-selling more products into the Daisy base creates potential to deliver organic topline growth and impactful cashflow generation, although macro headwinds may dampen expectations in the run up to these results.

The company is now shifting towards upselling existing customers so they take an increasing number of services and it is here that last month's (13 Apr) £28 million purchase of audio conferencing specialist Worldwide Group should add extra value. Clarity on this will come next month (19 Jun) when the business-to-business telecoms supplier will unveil full year results to end March.

Like the rest of its peer group, Daisy's aim has been to develop data and managed services for its enterprise telecom clients, but it has done so in its own unique way, skipping dividends and aggressively acquiring a small army of small bolt-on businesses. Buy-and-build plans are not everyone's cup of tea but the Lancashire-based company has carried out its strategy to good effect and established scale and branding that would have taken years to complete purely organically.

Telecom Plus remains a unique play on multi-utility customer expansion thanks to a scalable platform, low capital cost requirements, high recurring revenues and improving earnings quality and visibility. The £491 million cap has a fantastic growth track record and reputation for meeting or beating expectations, and its reliable dividend stream yields around 4%. Quite simply, the shares are a screaming buy for the medium to long haul, all the more so if UK and eurozone austerity concerns continue to hound the stock market.

The shares have struggled to make any progress for the best part of two months now despite positive comments from the multi-utility supplier itself. Full-year results for the year ending March, due as Shares goes to press (23 May) should help focus the market on the firm's key attractions. Management has already stated profits will beat expectations (13 Feb). Confirmation of strong trading trends should lead to a reassessment of the group's true value, particularly as directors continue to acquire stocks.

Instead of obsessing about mild winter weather and rising gas prices earlier this year, investors should really be concentrating on Telecom Plus' (TEP) highly impressive cashflows and one of the most attractive growth profiles in the fixed line telecoms sector.

With the deferred consideration element in the €120 million deal structured over just six months, based on RunningBall's remaining December year end 2012 profit performance, management must absorb the new purchase quickly. The FTSE 250 firm's successful integration of four other, albeit smaller, purchases since 2009 suggests the chances of the RunningBall deal running smoothly are good

Maiden finals (28 February) beat consensus and while news (16 May) of the RunningBall acquisition prompted further upgrades, the run of earnings surprises is unlikely to end here. There is an opportunity for Perform to add to the 38 clients who subscribe to its core Watch&Bet product by migrating many of RunningBall's 39 licensees on to the platform.

Earnings per share (EPS) are forecast to expand 181% this year to 10.4p, then grow 50% in 2013 to 15.6p when the prospective 32-times price/earnings (PE) ratio drops to 21. The rating is justified by a business set to generate many years of high double-digit earnings growth.

The business has a competitive offering, protected by high barriers to entry and a technology platform which allows Perform to deliver large volumes of streamed video over the internet. This should allow it to maintain and take share in a live content market that serves bookmakers' fast-growing 'in-game' operations

Investors may expect earnings upgrades from online sports content firm Perform (PER) over the coming year as cross selling opportunities are exploited following the integration of RunningBall. The prospect of forecast increases should maintain short-term momentum in the £749 million cap and forestall any profit-taking in one of 2012's best-performing FTSE 350 companies.

, the broadcaster merits a rating comparable to that of a similarly sized established brand owner with a generous distribution policy. Applying the same EV/EBITDA multiple afforded to British American Tobacco (BATS) would leave fair value for Sky at just short of £10 per share.

Upgrades to digital TV packages are further boosting average revenue per user (ARPU). Net debt continues to fall and Sky continues to return cash to shareholders, as per the £750 million share buyback announced alongside 2011's finals (29 July).

News Corporation initially pitched its failed bid in June 2010 at 700p per share. That Sky's shares now trade below this level fails to account for significant operational improvements in the interim. These have included attainment of the 10 million TV subscriber target ahead of schedule in November 2010 and the sale of additional broadband and telephony services. This month's (2 May) third-quarter results reveal the company now has the UK's largest 'triple play' customer base, as 3.2 million homes take TV, phone and broadband, 24% more than a year ago.

Sentiment toward British Sky Broadcasting (BSY) may be taking a hit as News Corporation, who own 39%, is compelled to sell down its stake but the underlying business continues to fire on all cylinde

"The outlook statement will be significant to gauge management's assessment on whether it anticipates any change to trading patterns, most probably expressed on a geographic basis," Dawson added.

"Expectations for group performance are for 2H [second half] slightly ahead of 1H2012," reveals Charles Stanley analyst, James Dawson.

On the corporate front, platinum refiner Johnson Matthey issues full year results on Thursday. Market expectations are for profit before tax of £405.1m on revenue of £11,213m. Earnings per share are seen rising to 143.85p, paving the way for an increase in the full year dividend to 52.94p.