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Great to see the further earnings-enhancing diversification, particularly into cyber-security, and also geographically with more emphasis on North America.

Nice to be tipped once more. However, it's even better than the below, as the writer is incorrect - the EPS is expected to rise this year to 6.2p EPS this year (from 6.07p last year): http://www.aol.co.uk/money/2017/06/23/2-dividend-giants-that-could-make-your-fortune/ "Those seeking generous dividend yields also need to check out marketing giant Communisis (LSE: CMS). Even though the Leeds business is expected to suffer a 5% earnings slip in 2017, its ability to create lots and lots of cash (free cash flow soared 7% in 2016, to £12.9m) is expected to keep dividends rolling higher. Indeed, a 2.6p per share bounty is currently predicted, up from the 2.42p dividend shelled out last year. And the dividend is expected to move to 2.7p in 2018, helped by an anticipated 5% earnings increase. As a result, Communisis carries weighty yields of 5.4% and 5.6% for 2016 and 2017 respectively. And I reckon the company's ambitious growth plans should continue to deliver explosive shareholder returns. These projections are built on extremely solid foundations. Dividend cover rings in at 2.2 times and 2.3 times for this year and next, while the strong balance sheet should soothe the concerns of even the most jittery investors (net debt fell 23% last year, to £30.4m). Communisis is becoming an increasingly important cog in the marketing strategy of the world's biggest companies and institutions, and the firm is casting its net far and wide to bring in new business. Consequently revenues generated abroad leapt eight percentage points in 2016, to 26%. And the creation of a US office this summer could prove a significant step in the company's growth programme."

Peel Hunt have just released their forecast for next year to Mar'19 of 15.57p EPS, so I've updated the thread header post. CAR now have a superb historic underlying earning record: - to Mar'19 - 15.57p EPS (Peel Hunt forecast) - to Mar'18 - 13.05p EPS (Peel Hunt forecast) - to Mar'17 - 12.1p EPS - to Mar'16 - 10.1p EPS - to Mar'15 - 7.9p EPS - to Mar'14 - 6.1p EPS

Very good news all round on both current trading and the disposal of Biodose. N+1 Singer say this morning: "Going forward we think the recent re-rating of the company, which is moving steadily from turnaround to growth, should continue, assuming further positive underlying momentum at the update scheduled for 9 August."

Continuing to break upwards now, with buying at 250p.

Octopus Investments have been buying and go above 5% with 3.05m shares: Http://www.investegate.co.uk/keywords-studios-plc--kws-/rns/holding-s--in-company/201706231543560615J/

Amazing the difference that 53,000 shares bought within 3 minutes of each other can make :o))

From Citywire: Jefferies has initiated coverage of construction and development company Watkin Jones (WJG) which it says is ‘quietly disrupting’ the sector. Analyst Anthony Codling initiated coverage with a ‘buy’ recommendation and target price of 250p on the stock, which was trading up 3%, or 6p, at 202p at the time of writing. Codling is impressed by Watkin Jones’ focus on the private rented sector, an area he believes most housebuilders are overlooking. ‘Watkin Jones is a subtle disrupter,’ he said. ‘It is not big or shouty, but has quietly noticed changing residential tenure patterns in the UK and has taken its business model out of the box to address those changes while most of its peers continue to focus on the inside of the box. ‘Perhaps if it made more noise it would attract the valuation premiums of other disruptors in the UK residential market.’ Http://citywire.co.uk/money/the-expert-view-imperial-brands-diageo-and-chemring/a1027565?ref=citywire-money-latest-news-list#i=5

Wednesday's presentation is now online for all to see: Http://www.carclo.co.uk/~/media/Files/C/Carclo-v2/investor-docs/results-and-presentations/equity-development-forum-june-2017.pdf Some brief further notes I made at the meeting: - the auto LED division should win one new mid-volume programme per annum and grow exponentially after that. This will be "transformational" for CAR - each new win will bring in £8m-£11m of additional revenues per annum - and CAR have already won 3 such contracts in the last 18 months - the CEO was keen to point out the potential for CAR to win electric car contracts, specifically mentioning Tesla (who I think he mentioned were already a customer?) - CAR have extremely high visibility of revenues going forward, as: (1) medical customers are locked in once obtained - the longest contract to date has been going for 25 years so far, and the minimum contract length is 5 years (2) a typical contract life in the auto LED division is 10 years - in 4 years Group revenues have increased to £138m from £87m, operating profit to £12.5m from £5.6m and underlying PBT to £11m from £3.2m - the Chinese medical device market, where CAR are situated and expanding, is showing 30% CAGR - should be debt-free in 3 years' time

Good new article: Http://www.engineeringcapacity.com/news101/business-news/turbocharger-machining-investment Extract: "Turbocharger machining investment 21 Jun 2017 Chamberlin & Hill Castings Ltd is installing three high specification Chiron Scherer Feinbau automated mill/turn centres A £1.8m investment in a custom-built finish machining facility will enable a West Midlands company to become a fully integrated supplier of grey iron bearing housings for engine turbochargers. The investment at Chamberlin & Hill Castings Ltd will see the installation of three high specification Chiron Scherer Feinbau automated mill/turn centres supplied by the Wellesbourne based Engineering Technology Group (ETG). “Without investing in machining capacity, the customer made it clear that it would have to review Chamberlin & Hill’s position as a supplier,” said Kevin Nolan, chief executive, Chamberlin & Hill Castings Ltd. “In contrast, if we did make the investment, we were probably going to become the most significant supplier of turbo bearing housings in Europe.” Chamberlin & Hill has many years’ experience as a specialist supplier of light and medium castings to the automotive industry, but in recent times has embarked on repositioning itself to become an assembly ready Tier 1 component supplier to the automotive turbocharger sector. A major, long standing customer is Borg Warner who had earlier advised Chamberlin & Hill they were seeking an “integrated supply” in order to streamline its supply chain. Three Chiron machining cells were ordered, two of which were commissioned in February 2017, with a third scheduled to arrive in November this year. The capacity provided by these three machines has already been sold, bringing about additional revenue worth several million pounds per year. The company is currently machining one turbo bearing housing every 81 seconds per cell floor-to-floor time. Ultimately, the investment in Chiron technology is set to facilitate growth from the foundry of 30% in 2017/18, and, when the three machining cells are fully utilised, an additional £3 million of business from the machining facility."

Peel Hunt today reiterated their Buy and 200p price target: Http://investing.thisismoney.co.uk/broker-views/ And CAR also got a nice plug today in this article - though the writer is imo extremely misconceived in being a fan of "boring" CAR. Not only does CAR have a healthy concentration on the motor industry in its sexiest sectors (contrary to his article), but it also has exciting and global growth potential in both its core divisions: Http://www.*************.com/views/29870/here-s-one-for-plastic-palace-alice-a-one-year-profit-doubler "Hello Share Smudgers. Companies which manufacture plastic bits and pieces have done rather well in my bag in recent years. But one I have not so far touched, yet ought to do so soon, is Carclo (CAR). I’m not generally a fan of companies which give a misleading impression of what they do in their names. And you would expect Carclo to concentrate on the motor industry, which it doesn't really (though it does supply lighting systems to some vehicles, including Aston Martins). Misnomers put people off investing in your company, rather like calling your firm a set of initials does. But that aside, Carclo is doing well. Based in West Yorkshire, it has many customers in the USA, Eastern Europe and China. A year’s results were announced a few weeks ago. They showed that profit before tax had more than doubled to £10.5m over the time before. Nice. Earnings per share rose from 3.3p last time to 11.5p. Compare that to some of the firms you’re currently invested in! The P/E ratio I have is a lowly 14.8. Underlying operating profits have grown year on year since 2013 at least. Another bright green light. And the company claims to have a perky order book. It boasts that it is on course to deliver ‘strong improvements over the coming years’. About 70% of sales are overseas, which means the poorly pound will improve the balance sheet. The firm’s lighting innovations are now a recognised world leader, too. This is one of those companies which makes boring, but essential stuff. In this case, parts for medical and electronic equipment together with lighting systems. Carclo invents, designs and flogs all these things and is blessed with a market seemingly keen to buy them."

Finncap have today introduced a 500p target price: Http://www.stockmarketwire.com/article/5571982/Broker-Forecast-finnCap-issues-a-broker-note-on-Frontier-Developments-Plc.html

Moving up nicely today - lots more upside to come imho.

Good to see a decent move up on small volumes, which again suggests not much stock around.

From Twitter today - has anyone seen the Canaccord note? https://twitter.com/SharesMagDan/status/877782895624036352?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet "Daniel Coatsworth‏ @SharesMagDan 37m minutes ago Canaccord initiates coverage on 3 support service stocks, all 'buys'. Inc. Inspired Energy - reckons shares will double in a year to 30p"

And it doesn't even mention the £100m+ of cash which represents over 25% of the market cap: http://www.aol.co.uk/money/2017/06/17/two-cheap-5-yields-that-can-grow-by-25/ "Safe yield Safecharge International(LSE: SCH) is another hidden financial stock that looks attractive as an income investment. At the time of writing, the shares support a historic dividend yield of 4.9%, but analysts are expecting management to hike the payout by 11% this year for an estimated 14.1p or yield of 5.3%. Further growth is expected for the following year. Analysts have pencilled-in dividend growth of 5% for 2018 giving a projected yield of 5.5%. And I wouldn't rule out upward revisions to these estimates. Safecharge's earnings are rising rapidly. Earnings growth of 24% is expected this year, followed by 13% during 2018. This rapid earnings rise may encourage management to hike dividend payouts further. At the time of writing shares in Safecharge currently trade at a forward P/E of 15.5 falling to 13.8 for 2018. Considering the company's fast earnings growth, this high valuation does not appear to be too demanding. "

Jefferies International today initiates coverage of WJG with 'BUY' and 250p target: http://investing.thisismoney.co.uk/broker-views/

Tonight's presentation was excellent and extremely convincing imo. The CEO and FD were both there. The prospects for the two core divisions were laid out cogently and explicitly (I'll post more about this if I get a minute). For those new to CAR, the pension and dividend issues were summarised clearly and upfront, with the emphasis being on the return of the dividend asap as already published in the results following the restructuring of the group's distributable reserves. I'd have thought most attendees would have gone away excited and intrigued by the potential for Wipac and CTP to grow exponentially. In particular, the point was rightly made of the long-term security and visibility of CAR's revenues going forward for some years - in both divisions.

Nice - 28,000 shares bought yesterday afternoon at 137p, a full 2p above the published 135p offer price. Very keen indeed.

Revenues are ahead of guidance and OP is at the top of the range..... http://www.investegate.co.uk/frontier-dev-plc--fdev-/rns/pre-close-trading-update/201706220700027684I/ "Pre-close Trading Update Revenue up 75%, operating profit up 500% Frontier Developments plc (AIM: FDEV; "Frontier" or the "Company"), a leading independent creator of video games, is pleased to announce an update on trading for the financial year ended 31 May 2017 (FY17). Good trading performance has continued since the last trading update on 19 April 2017. The Company expects to report revenue for the financial year ending 31 May 2017 of approximately GBP37.3 million, slightly ahead of previous guidance and a 75% increase over the prior year (FY16: GBP21.4 million). Operating profit margin for FY17 is expected to be towards the top of the 15-20% guidance range. The Company expects to report an operating profit (as calculated under IFRS) of at least GBP7.2 million, which is a 500% increase over the GBP1.2 million reported for the prior year. The step-up in financial performance over the prior year reflects the launch of Planet Coaster, Frontier's second game franchise, in November 2016. This marks the completion of a successful business model transition to multi-franchise self-publishing. Frontier's first game franchise, Elite Dangerous, continues to perform well, and will shortly be available to a new audience with its release on PlayStation 4 later this month. The Company held cash balances of GBP12.6 million at 31 May 2017, an increase of GBP4.0 million over the prior year. The Company anticipates the announcement of full audited financial results in early September 2017. David Braben, Chief Executive of Frontier, said: "I am delighted with our progress in the last 12 months and would like to thank everyone for their continued creativity, hard work and dedication. We now have two strong franchises in the market and have successfully transitioned to a self-publishing business model, proving our ability to launch franchises. Our ambition now is to build on this success, continue to invest in our franchises and scale up to create a self-publishing multi-franchise success story. Our third franchise, which is based on an enduring Hollywood movie IP of global renown, is scheduled for release in calendar 2018, and we will provide more details about this exciting project later this year."