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Eckoh plc (AIM: ECK), the UK's leading provider of speech recognition and associated payment solutions, announces its final results for the year ended 31 March 2012, a copy of which is also available on the Company's website, www.eckoh.com. Financial Highlights: · Revenue from continuing operations up 15% to £10.4m (FY11: £9.0m) - 87% of FY12 revenue is of a recurring nature · Gross profit from continuing operations up 18% to £7.9m (FY11: £6.7m) - Gross margin increased to 76% (FY11: 74%) · Operating profit increased by 77% to £1.1m (FY11: £0.6m) · EBITDA* increased by 68% to £2.1m (FY11: £1.2m) · Cash generated from operating activities increased by 65% to £1.5m (FY11: £0.9m) · Strong debt free financial position with a cash and short term investment balance up to £6.4m (FY11: £5.7m) · Deferred tax asset of £1.3m recognised · Basic EPS of 1.29p (FY11: loss of 0.12p) · The Board recommends a full year dividend of 0.2 pence per share for the year ended 31 March 2012 (FY11: 0.1 pence per share) Operational Highlights: · Contract win with Transport for London for EckohASSIST · Strong new customer traction during the period. Contract wins include: the Legal Services Commission, GEOAmey, Ipsos MORI, Luxup, Orbital Marketing Services Group and Tenpin · Strategic relationship with BT renewed for a further three years · Additional sales channel partner agreements signed with Azzurri Communications and a global payment service provider · Successfully passed our annual audit of compliance with the Payment Card Industry Data Security Standards (PCI DSS)

http://www.edisoninvestmentresearch.co.uk/researchreports/Eckoh120612outlook.pdf

A bright future once economic turmoil subsides

Valuation: A significantly de-risked copper producer CAML currently trades c 17% below its listing price, and c 28% below our dividend discount valuation of £1.11/share, which is struck at a 10% discount rate and US$3.00/Ib Cu. We forecast in 2012 EPS (IFRS) of 7.0c (4.2p). Our valuation has been adjusted for CAML’s 2011 financial results. We also see numerous realistic catalysts in 2012 that could potentially push our base case valuation towards £1.93 (based on CAML acquiring the remaining 40% of Kounrad from its Kazakh partners by end 2012).

http://www.edisoninvestmentresearch.co.uk/researchreports/CAML110612Update.pdf

12-Jun-12 RPC Group RPC Panmure Gordon Buy 371.20p - - Reiteration

Faraday Research has marked interdealer broker ICAP as a buy again, saying that after a heavy sell-off, the shares are looking attractive again. ICAP - unlike a traditional financial services company - actually benefits when markets are volatile as more trading takes places. "It doesn't need markets to rise so it can make money", Lowery said. Faraday says that the Greek election this coming weekend is the catalyst "to really get things moving". With ICAP trading at just 8.8 times next year's earnings, the broker recommends to buy with a potential spike in volatility just around the corner.

Shares in plastic packaging firm RPC Group dropped despite the firm hiking its dividend after the successful acquisition of food packaging firm Superfos helped drive up profit in the year to the end of March. However, the firm noted that in the short term it was facing a difficult and uncertain macro-economic environment.

http://www.edisoninvestmentresearch.co.uk/researchreports/DDD120612update.pdf

The relatively new (six years old) insurance company Lancashire Holdings gets the thumbs up from Tempus. It operates in the risky but profitable areas of reinsurance and “retrocession” and has proved adept at giving investors significant special dividends ($918m since 2007). Buy.

In The Times, Tempus likes outsourcing giant Serco’s acquisition of Vertex. The £55.5m payout will enable Serco to offer more back room services like payroll when it bids for contracts. The idea is that customers now want a bigger spectrum of outsourced services instead of just frontline operations. On the other hand Serco shares have risen strongly this year so Tempus can only advise to “buy on weakness” (that phrase keeps popping up doesn’t it).

The Telegraph’s Questor column stays steer clear of structural steel firm Severfield-Rowen. It issued a profits warning yesterday, prompting a big sell-off. This has an attraction for investors because buying on weakness often leads to profits. But Questor believes the construction industry is too weak in the UK to justify a buy. The advice is 'avoid'.

Canaccord Genuity kept its "buy" stance on Secure Trust Bank (STB) with a target price of 1,200p. The bank's acquisition of sub-to-near prime lender Everyday Loans gives the firm access to an unsecured loan book of 64 million pounds, said the broker, as well as a network of 25 offices and an experienced management team. Canaccord expects the acquisition to add 2.2 million pounds to the firm's earnings for 2012, rising to 3.7 million pounds in 2013.

A whole raft of big 'delayed' buys from 07/06/2012 - well over £1M

WH Ireland reiterated its "buy" recommendation for Hornby (HRN) with a 135p target price. The broker noted that despite difficult UK trading, the toy company achieved modest adjusted pre-tax profit growth of 2.3% to 4.5 million pounds in the year ended 31st March 2012, boosted by sales of Olympic themed products. WH Ireland added that revenues in mainland Europe rose 21% as supply chains were restored. However, the broker noted that if the Olympic merchandise does not sell as well as expected over the games, it could lead to high levels of obsolete stock by the half year

Chris Yewdall, DDD's Chief Executive Officer, said: "DDD Group is continuing its successful development into a 3D solutions company as we build upon the momentum in our technology licensing business and establish a broader distribution channel for our 3D content. The first quarter's performance is in line with the Board's expectations and we expect continued growth of the TriDef 3D technology licensing and Yabazam 3D content distribution businesses throughout the remainder of the year." Results for the first half of 2012 are expected to be published in late September.

CONT In conjunction with the international adoption of DDD's TriDef 3D solutions, DDD also introduced a new website at TriDef.com that is available in English, Korean, Japanese and Chinese. DDD launched the Yabazam! 3D app for both LG and Samsung's range of 3D Smart TVs. The Yabazam! 3D app has rapidly become one of the top rated Smart TV apps on LG's 3D TVs in Korea and the US. Between mid-February and the end of May, the app has been downloaded more than 20,000 times and averages more than 8,000 launches per week on LG 3D Smart TVs while still in its free trial phase. The Yabazam! 3D app for Samsung's 3D TVs was launched on 4 June achieving over 2,000 downloads in the first four days from customers in the US, Korea, Hong Kong, Taiwan, Germany and the UK. The recent introduction of the "Safety Geeks: SVI" series on 3D Blu-ray® and the launch of the Yabazam! 3D Smart TV app on market-leading 3D TVs is part of DDD's planned '3D Everywhere' initiative to bring the highest quality 3D content to the latest 3D consumer devices. Yabazam! 3D has now licensed 58 3D titles, up from 32 at the beginning of the year. As the market for 3D Smart TVs continues to grow, DDD plans to introduce pay-per-view and subscription-based content delivery services to Yabazam! 3D customers with 3D Smart TVs and PCs.

Trading update - strong, diversified revenue growth continues DDD Group plc (AIM: DDD, 'the Group'), the 3D solutions company, will report at its AGM later today that first quarter revenues were approximately $1,815,000, up 86% compared to the same period in 2011. During the period, revenues derived from royalty bearing units shipped by OEM licensees, resellers, and direct-to-consumer software sales increased by 9% to 99% (Q1 2011: 90%). Demand for the Group's TriDef® 2D to 3D conversion products increased significantly in the first quarter of 2012, with approximately 3.5m units shipped, up 50% compared to the same period in 2011 and up 63% from the fourth quarter of 2011. This brings the cumulative number of consumer devices shipped with TriDef 3D to more than 15 million units worldwide at the end of March 2012. Shipments by TV chip manufacturers grew 28% over the first quarter of 2011 while PC shipments grew 1,771% over the comparable period. Mobile phone shipments represented approximately 5% of the quarterly volume. During the first quarter, cumulative shipments of TriDef 3D for PCs and TriDef 3D Mobile each topped one million units. The TriDef 3D software has become an industry standard, capturing an estimated 85% of the 3D PC market during 2011, while shipments of TriDef 3D Mobile have exceeded one million within the first nine months of launch. In February, DDD teamed up with the leading provider of software to the internet café (I-Café) market in China with the objective of introducing 3D games to the sizeable I-Café market, estimated at over 144,000 locations. Good progress is being made on the integration of DDD's TriDef 3D game conversion solution into the software and beta testing is expected to begin in select I-Café locations early in the third quarter. As part of the planned expansion into the emerging market for glasses-free 3D mobile devices, DDD recently signed two evaluation agreements for TriDef Mobile software with customers who are creating 3D reference designs for 3D smartphones and 3D tablet PCs. LG also launched its second generation Optimus 3D Max glasses-free smartphone in March, which uses DDD's TriDef Mobile Android software for 2D to 3D video conversion.

http://www.investegate.co.uk/Article.aspx?id=201206120700051393F

Sharifuddin Bin Mohd Ali, Managing Director of Simpro Engineering Sdn. Bhd., commented: "We view IntelliSAW as a solid strategic fit for our current customers in Malaysia, particularly complementary to our existing SEL and Doble product lines." Johnny Lee, Director, added: "The power industry throughout Southeast Asia is investing heavily in smart grid technologies, and IntelliSAW's solution is right on the leading edge of that modernisation." Graham Storey, CEO of Transense, commented: "IntelliSAW is delighted to add Simpro Engineering Sdn. Bhd. to its rapidly expanding global distrubtion network. Simpro has established itself as a strong prescence within the market, ideally suited to bringing IntelliSAW's technology to the Malaysian power industry. Working in partnership with Simpro provides another platform to advance our overall strategy within the high growth Asian market and we look forward to many commercial successes together in the coming years."