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Very encouraging to see the CFO make his maiden share purchase, buying a whopping £51,000 at 225p: Http://www.investegate.co.uk/blancco-tech-grp-plc--bltg-/rns/director-pdmr-shareholding/201701040700212300T/

Berenberg currently forecast 12.9c EPS for this year (2017). If we guess at an EBITDA figure of $1.5m from the acquiree and assume say $1.1m PAT after a conservative 25% tax charge, I calculate that would take EPS to around 13.3c. That equates to almost 11p EPS at current exchange rates. Which is a P/E of only 8.9 at 98p. If you strip out the cash pile, I'd guess the P/E probably drops to nearer 7.5 or so.

Berenberg currently forecast 12.9c EPS for this year (2017). If we guess at an EBITDA figure of $1.5m from the acquiree and assume say $1.1m PAT after a conservative 25% tax charge, I calculate that would take EPS to around 13.3c. That equates to almost 11p EPS at current exchange rates. Which is a P/E of only 8.9 at 98p. If you strip out the cash pile, I'd guess the P/E probably drops to nearer 7.5 or so.

..and another tick up on a £10k buy. Stock is certainly difficult to find at present. Online I can now only buy a maximum 1k shares at 20p, whilst I can sell 50,000 at 18p.

Good to see an early tick up here. Consensus forecasts remain at a historic 1.14p EPS for 2016 and 1.37p EPS for this year - almost a single-digit P/E and a PEG of just 0.5. Plus a sizeable dividend too (0.42p and 0.5p respectively).

Looks like one or more of their clients have been busily buying via spreadbet/CFD.... Http://www.investegate.co.uk/touchstar-plc--tst-/rns/holding-s--in-company/201701030900031669T/

I believe there's still plenty of upside here given: - the rollout to Merlin's global list of attractions and theme parks over the next year or two - the likelihood of further news flow re the Universal Studios partnership - the likely large benefit to revenues and margins from deriving a cut of EVERY customer visiting a theme park rather than just those renting a Q-Bot - the expansion into both ticketing and into new sectors which would benefit from reductions in queue times, i.e ski resorts, cruise ships etc etc - the potential from legal action to benefit from ACSO's list of patents There may be ups and downs along the way, but the current m/cap might just be pretty small relative to (a) the possibilities above and (2) the fast-growing, secure and recurring revenue streams accruing to ACSO.

RNS - good to see River & Mercantile buying and increasing their stake to over 5% with 2.84m shares: Http://www.investegate.co.uk/somero-enterprises/rns/holding-s--in-company/201701030700111146T/

Http://www.investegate.co.uk/gama-aviation-plc--gmaa-/rns/merger-to-create-us-aircraft-management-business/201701030700101256T/ Firstly, the trading update will be next Monday. Secondly, we have the merger of GMAA's US aircraft management and charter business with that of BBA Aviation Plc. It's initially earnings-neutral, but... "This is before any benefit from cross selling of Gama Aviation's comprehensive maintenance services into the immediately enlarged fleet or the future growth opportunities expected to be derived from Gama Aviation Signature Aircraft Management's market-leading platform." The partnership is 50/50, but GMAA seem to have got much the better deal since its operations contributed $4.3m PBT last year compared to BBA's $5.5m. And for GMAA there's the kudos and enhanced reputation from partnering with the far bigger BBA in this way. Finally, I also note from the BBA RNS that GMAA presumably won a bidding contest to become BBA's "suitable" partner, so further kudos to GMAA's management: Http://www.investegate.co.uk/bba-aviation-plc--bba-/rns/joint-venture/201701030700101258T/ "BBA Aviation acquired its aircraft management and charter services business through the acquisition of Landmark Aviation, completed in February 2016, and which was placed into a trust until a suitable majority partner could be found to satisfy the requirements of the U.S. Department of Transportation's foreign ownership and control restrictions, which this transaction achieves."

Today's acquisition from the $40m+ cash pile should be heavily earnings-enhancing. And the increased diversification into financial services will certainly be welcomed by the markets, giving rise to a higher rating: Http://www.investegate.co.uk/xlmedia-plc--xlm-/rns/acquisition/201701030700091238T/ Also worth noting today's encouraging statement that trading is in line with expectations - and that a fuller trading statement will be issued later this month, which given XLM's track record may upgrade those expectations. Excellent stuff.

Nice 100,000 buy at 27p just now, and another tick up.

Http://www.investorschronicle.co.uk/2016/12/29/funds-and-etfs/the-big-theme/uk-small-caps-wildcard-or-brexit-casualty-Zbdr99EengbQB3c3fZLD2L/article.html "Neil Hermon, manager of IC Top 100 FundHenderson Smaller Companies Investment Trust (HSL)....has also been adding stocks he thinks have undervalued structural growth potential, such as....Accesso Technology, which provides technology to the theme park industry".

Http://www.ptsg.co.uk/news/electrical-services/a-pipe-dream-come-true-for-ptsg/ "A pipe dream come true for PTSG Premier Technical Services Group PLC's (PTSG) most recent acquisition, UK Dry Risers Ltd, is ending 2016 on a high, having carried out a record number of installations this year. The total length of systems installed is enough to cover over 440 football pitches. The company has installed over 29 miles of galvanised steel pipe in total throughout the year, seeing a boost from its introduction to PTSG's broad and varied customer base. The pipes have been installed on a variety of contracts nationwide, with projects completed at several converted historic buildings, luxury developments, hotels and shopping centres, among many others. Dry and wet riser systems are specially designed fire-suppression systems required in high-rise commercial and residential buildings. The risers are used to distribute water throughout all levels of the buildings in the event of a fire, allowing fire rescue teams to fight fires from outside multi-storey buildings. With the acquisition of UK Dry Risers Ltd, PTSG's electrical services division now provides a complete fire services solution, helping to ensure the safety of electrical equipment, installing and maintaining emergency lighting and installing systems like these to protect buildings of all sizes from fire."

Good to see a late tick up yesterday on only £3k of buys just before the close.

The AGM yesterday was uneventful as ever with all resolutions passed. Idiotically, I hadn't realised there was a dial-in facility to take part with. Maybe next year: Http://www.investegate.co.uk/simigon-limited--sim-/rns/result-of-agm/201612291512019903S/ The similarly succinct AGMs in the last three years have each been followed by positive trading statements in respectively, Jan, Feb and March. Let's hope for the same this time.

PTSG themselves have just posted an extremely positive Business Review for 2016, which surely points once again to a good year end trading update in the next couple of weeks: Http://www.ptsg.co.uk/news/2016-business-round-up/ "As for business performance, PTSG is stronger than ever, reporting solid growth and hundreds of impressive contract wins throughout 2016. Its acquisition of UK Dry Risers and UK Dry Risers Maintenance in July has added yet another specialist service to the Group’s portfolio, and introduced the benefits of its bundled service provision to many new customers. The contract renewal rate now stands at 88 per cent – the highest yet achieved in the Group’s nine-year history. Having already published a strong interim report earlier this year detailing impressive organic growth and high returns, PTSG looks forward to continuing this trend well into 2017." And there's four pieces of contract news in the last few days - that's 11 posted in December alone: Http://www.ptsg.co.uk/news/access-safety/ptsg-to-carry-out-multiple-services-at-john-radcliffe-hospital/ Http://www.ptsg.co.uk/news/electrical-services/ptsg-carries-out-fire-service-installation-at-west-quay-shopping-centre/ Http://www.ptsg.co.uk/news/high-level-cleaning/ptsg-roped-in-for-the-stratosphere-once-more/ Http://www.ptsg.co.uk/news/access-safety/ptsg-attends-standsteds-newest-hotel/ Http://www.ptsg.co.uk/news/2016-business-round-up/

A new and detailed interview with the CEO in the newspaper Globes - the Google translation is appalling (are there better translation options out there?), but it's worth a read. The closing comments imply as others have said that the new IPO Catena is valued unreasonably much higher than XLM, given that XLM is achieving higher growth rates and is on a P/E of only 10 or so, less than half that of Catena on a P/E of 24 (at least, that's my reading of the translation): Https://translate.google.co.uk/translate?sl=iw&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Fwww.globes.co.il%2Fnews%2Farticle.aspx%3Fdid%3D1001169281&edit-text=

Another new "world's first" product launch from SDI: Http://www.cambridgenetwork.co.uk/news/new-mic-strip-software-offers-fast-automated-generation-of-a8764/ "New MIC Strip software offers fast, automated generation of antimicrobial MIC point values 21/12/2016 Synbiosis, a long-established, expert manufacturer of automated microbiological systems, today announced its Minimum Inhibitory Concentration (MIC) Strip module is now available to download. This revolutionary new module automatically reads the MIC point of an antimicrobial sample at the touch of a button. Minimum inhibitory concentrations are defined as the lowest concentration of an antimicrobial that will inhibit the visible growth of a microorganism after overnight incubation. This point is determined using strips impregnated with a known concentration gradient of each antimicrobial being tested. The new MIC Strip Module designed for use with Synbiosis’s ChromaZona and ProtoCOL 3 automated inhibition zone measurement systems, automatically detects MIC Strips on an agar plate and reads the MIC value in seconds. This new module will save scientists time having to calculate the MIC point, as well as enabling reliability and standardisation of results. “Microbiologists have informed us that manually measuring zones around MIC strips can become laborious and incredibly time consuming, leading to fatigue and the possibility of variation in results between users” states Kate George, Senior Divisional Manager at Synbiosis. “In response, we are pleased to introduce the world’s first commercial software to fully automate this analysis. For a speedy and consistent indication of an antimicrobial’s efficacy, microbiologists should trial our cutting-edge new MIC Strip module today.”

Really interesting interview with the MD about how the banks nearly shut WJG down in the 2008 crisis, the prioritisation since then of cash generation and the opportunity in build to rent: Http://www.dailypost.co.uk/business/business-news/banks-wanted-160m-back-immediatelymark-12367375

Thanks to another poster for providing some detail from the tip......"much of it is what we already know such as the increase in commodity prices driving renewed confidence in exploration spending by miners which in turn bodes well for a recovery in earnings for CAPD. Snippets from the article in summary - - Shares believes the share price rerating has only just begun in earnest - Operational gearing should allow for increases in revenue to fall straight to bottom line - Fleet utilisation of just 43% (per late Oct) gives plenty of headroom for increases in revenue providing it can win the contracts - Pace of new work is picking up with plenty of contract awards in last 6 months - Positive signs in market - existing customer Acacia Mining last month announced it would be increasing the amount of drilling in 2017 by 40% yoy and has budgeted $25m - At top end, BHP Billiton said it would spend $800m on exploration in its FY2017 - At lower end, a recent BDO report suggests Australian junior miners have begun to increase exploration spend - FinCapp forecasting $4m pre-tax profit in 2017 and has a 70p price target in next 12 months - Divi forecast of 4.4c (3.5p) implies prospective yield of 7% for 2017 (based on a share price quoted in the article of 49.9p)"