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Nice 130,000 share buy at 139p this morning seems to have got things going.

I've been buying here. I suspect there's some placing stock around, which is hardly surprising, but given recent buying that hopefully won't last too long. Nice article on Proactive yesterday afternoon showing Peel Hunt's new numbers, which imply 4p EPS and substantial net cash: Http://www.proactiveinvestors.co.uk/companies/news/121089/centralnic-a-strong-buy-after-transformational-deal-121089.html "CentralNIC a 'strong buy' after transformational deal 17:08 07 Jan 2016 CentralNIC's joint broker Peel Hunt has plugged new numbers into its forecasting model to take account of the domain name specialist's acquisition of Instra. Peel Hunt has released new forecasts for CentralNic (LON:CNIC) following the domain name specialist's transformational deal to acquire Aussie rival Instra Group. The acquisition accelerates and de-risks CentralNIC’s expansion of its existing retail business, adding value-added services and a presence in target emerging markets, according to its joint broker. CentralNIC has indicated it expects revenue synergies of £1.2mln from the acquisition from next year, and that's a conservative estimate, Peel Hunt asserts. In its new forecasts, cost synergies are offset by integration and compliance costs related to the acquisition, with the upshot being that the broker is now forecasting adjusted underlying earnings (EBITDA) in 2016 of £5.9mln, up from its previous forecast of £5.1mln, on sales of £22.2mln (up from the previous forecast of £13.7mln). For 2017, Peel Hunt sees adjusted EBITDA of £8.1mln (vs £6.3mln previously) on sales of £27.5mln (previously £16.8mln). It is tipping CentralNIC to finish 2016 with net cash of £5.4mln, rising to £12.5mln at the end of 2017. The broker rates the shares as a 'strong 'buy', with its 70p target price equating to a projected earnings multiple of 17.5, and an enterprise value of 10.5 times EBITDA."

Good summary from Paul Scott today: Http ://www.stockopedia.com/content/small-cap-value-report-7-jan-2016-oil-china-som-117169/ Extract: "My opinion - this looks to me like a glaring pricing anomaly. I feel that the market is being excessively pessimistic about the company. True, it's highly cyclical - profits dropped off a cliff in the bad recession of 2008, but the company survived & moved back into profit thereafter. It is now expanding into new markets (China, India, etc), so the next cyclical high in profits should be much larger than the previous one, as it's now a global (as opposed to US) company. Also, there is just more demand for its products, as perfectly flat floors are much more important these days, with more warehouse automation, higher stacking racks, etc. In my view, the market is missing a trick with this company, and has fundamentally under-priced it. To my mind, the shares are worth 200p+, but as usual that's just my personal opinion, and of course I'm talking my own book - as disclosed at the top of this section."

:o)) http://www.investegate.co.uk/somero-enterprises--som-/rns/trading-update/201601070700060828L/ "materially ahead of current market expectations" "the Board is confident that it will deliver another year of growth and that the high-level of activity in December will continue into 2016" Brilliant stuff. This company is extremely undervalued at this point in the economic cycle and already has a broker price target of 174p - will that now be increased again?

There are a number of potential catalysts for a jump in RNWH's EPS figures: - acquisitions : the last acquisition was in August'14, so about time for another one given that RNWH must now be approaching positive net cash - increasing momentum in the gas infrastructure sector for Forefront etc - similarly for the wireless telecoms infrastructure delivery market for Clarke Telecom - increased flood defence/alleviation/repair work as previously outlined

Finncap have today released their top picks for 2016 - HAYT is one of them, with a 113p target price (I also own CHT, which is another of their top picks): http://www.proactiveinvestors.co.uk/companies/news/121020 "Hayward Tyler, meanwhile, designs, manufactures and services performance-critical pumps - used in situations where failure would be catastrophic. Shares climbed 15 percent to 93p each last year and finnCap’s David Buxton believes a further 20% gain is achievable in 2016."

FinnCap have released their picks for 2016 - CHT are included as follows.... "Essential services in a large, defensive market Constellation is building a leading provider of US medical billing services. This is a large, growing, defensive and fragmented market. Organic growth in the Billing division has been strong at 14%, but there is a keen focus on acquisitions to accelerate the addition of doctors to the platform and the recent £30m placing supports this. We have upgraded FY 2016E EPS by 44% since IPO in December 2014 and expect further upside. We reiterate our 310p target price, which still equates to a 31% discount to peers and offers 84% upside." CHT are mentioned here in this round-up of Finncap's tips (I also own HAYT, which is another of their top picks): http://www.proactiveinvestors.co.uk/companies/news/121020 Rugs, as regards commission I think it's just your brokers - though all brokers will probably require that you complete a W8-BEN for US-based stocks, even though CHT is listed over here.

This article sees Singer note CAR as one of its main tips for 2016: Http://tinyurl.com/h375h9b "What’s everyone tipping for 2016? Two leading AIM brokers offer their stock thoughts for 2016…" "Carclo which was mentioned at the start of 2015 is considered to be looking exceptionally cheap on a SOTP basis and is probably still worth a look despite being up over 40% during the year, although the shares have been treading water for the past 7 months"

Nice plug for RNWH in today's Mail on Sunday.... Http://www.thisismoney.co.uk/money/investing/article-3381986/MITON-UK-VALUE-OPPORTUNITIES-Young-fund-stays-track-looks-value-glamour.html "One of the most memorable images of British storm and flood devastation in recent years – during the winter of 2013 and early 2014 – was that of the demolished railway line on the coast at Dawlish, South Devon. The repair bill for this section of line, which connects Devon and Cornwall with the rest of England, came to £35million. Among the companies invited to come to the rescue was engineering group Renew Holdings – a role that helped boost company profits and also returns for shareholders. Among these is Miton UK Value Opportunities, a young fund whose managers scour the market for shares in firms they believe are not as loved as they should be. Renew is one. George Godber, who runs the fund with fellow manager Georgina Hamilton, says: ‘Renew is one of our best performing holdings since we launched in March 2013.’ It fits the bill of the managers’ ‘ideal’ investment: an unglamorous business with a healthy balance sheet whose shares are undervalued, backed by a strong management team. Godber and Hamilton closely study companies’ finances – making sure capital is well spent, cashflow is strong and debt limited or at least managed sensibly. And as added protection – all part of what the pair call their ‘safety check’ approach – no stock they buy can represent more than three per cent of the fund.

Here: Http://www.telegraph.co.uk/finance/markets/questor/12076694/Questor-share-tips-for-2016.html Plenty of upside for CAR to say 165p-170p imo given the prospects.

OPG tipped for 2016 by the Share Centre.... Http://everyinvestor.co.uk/2015/12/30/stocks-that-could-prosper-in-2016/ "OPG Power Ventures OPG Power Ventures is a small AIM-listed company that operates medium-sized coal-fired power plants in India and we believe it is an interesting stock choice for investors seeking growth within their portfolio in 2016. With the country’s demand for power in excess of supply, the group’s management are confident that its expanding operations will benefit from this and lead to further growth opportunities. OPG has brought a number of new plants on stream in 2015 and the company has a good record for hitting its schedule. It is also looking to develop wind and solar powered plants in the future. Potential investors will appreciate that the group’s results continue to highlight the progress it has made over the last year, and management believe that it is well positioned for the future. With new energy plants increasing output and high demand for its services, we recommend OPG Power Ventures as a ‘buy’ for investors. Bright prospects, including the new Indian government’s desire to have reliable power as a foundation for social, industrial and economic growth, make this a choice for investors looking for growth, but also willing to accept a higher degree of risk."

A columnist on i.i.i has just tipped CHT as one of six hot stocks for 2016.... http://www.iii.co.uk/articles/285326/six-hot-stocks-2016 "Constellation Healthcare Technologies Share price 179p; PE ratio 14.0; dividend yield 0% Constellation Healthcare Technologies (CHT) is a US-based provider of billing services to doctors there. It floated in London a year ago at 135p, and the shares have done well. Acquisitions are a key part of the strategy, but better-than-expected organic growth means full-year cash profit will be at the top end of market expectations. There's plenty of opportunity to grow in this highly fragmented market worth $37 billion (£24 billion) annually. Analysts predict annual profit growth averaging around 20% over the next two years for Constellation."

which reads well: Http://www.thecourier.co.uk/business/news/colin-king-says-growth-prospects-strong-for-omega-diagnostics-1.913269 Extracts: "Colin King says growth prospects strong for Omega Diagnostics 1 December 2015 6.00am. Scottish medical testing firm Omega Diagnostics has revealed new plans to drive long-term growth. The operations of the Alva-based firm have been under review since the appointment of Dundee-based Colin King as chief operating officer in August. Mr King told The Courier he had been pleased by what he had found as much of the operational foundations were already in place. But he was convinced there was still strong growth available to the business in markets such as China and America, particularly for its gut-health products. “Why did I go to Omega from a successful business?” Mr King said. “Well I didn’t join Omega to manage a £12 million to £15m business; I joined because I believe it has real growth potential and is at the bottom of a growth curve.”" "Mr Evans said the firm’s automated allergy products were approaching the point where it would become earnings enhancing and progress had been made towards resolving the issues with its flagship CD4 HIV indicating blood test."

Singer and Finncap both say Buy, with 156p and 170p targets respectively (Singer have increased to 156p from 135p not long ago): Http://www.risersandfallers.com/2015/12/21/weekly-broker-update-carclo-loncar/

HAYT were featured in Finncap's monthly investment round-up in November - note the increased forecast of 10p EPS next year: Http://www.hubinvest.com/AIMPDFNovember2015_74.pdf "Hayward Tyler plans to improve Brotherhood Specialist pumps and motors supplier Hayward Tyler has widened its product range and boosted its earnings per share by acquiring the business of Peter Brotherhood, which became part of Siemens after it acquired Dresser Rand. Peter Brotherhood was a non-core asset and it makes steam turbines, gas compressors and CHP units, with an installed base of 1,500 units in total. Hayward Tyler is paying $15m (£9.87m) for the acquisition, which is similar to net assets. In 2014, Peter Brotherhood made an underlying operating profit of $3.2m on revenues of $46.7m. Operating margins could be improved to 10% in the coming years. There is also scope to cross-sell to the two customer bases. The deal is funded by debt so pro forma net debt is expected to be £22.6m at the end of March 2016. There is potential to sell and lease back the acquired company’s 11.5 acre Peterborough site for around £6m. The deal is forecast to enhance earnings by 14% to 10p a share in 2016-17 – the first financial year following the acquisition. That puts the shares on ten times prospective 2016-17 earnings. Hayward Tyler holds a strong market position and it continues to prosper even though oil and gas markets are difficult. The construction of new test beds, which is part of the investment in the facilities at Luton, has just started and the project should be completed by July 2016. Capacity should double and working capital requirements will be lower."

News of ZYT expanding in China - good to see it's via a partner with whom ZYT already have a relationship: Http://www.ceasiamag.com/2015/12/zytronic-displays-strengthens-presence-in-greater-china/ "Zytronic Displays strengthens presence in Greater China By Rechelle Tangcangco December 23, 2015 Zytronic Displays Limited, the leading manufacturer and developer of advanced, rugged Projected Capacitive Technology (PCT and MPCT) touchscreens, is expanding its distribution network in Greater China with the addition of distributor MPU. The move reflects the huge potential of the Greater China market for Zytronic. Zytronic Displays is well known as a supplier of projected capacitive touch (PCT) technology for environments that require rugged and robust displays, typically industrial environments and public access facilities such as Point-of-Information (POI) kiosks. Throughout Greater China, the addition of MPU will assist Zytronic in developing its sales channels for touch-display applications that include Interactive Shop Windows, Vending and Ticketing Machines, Finance and Banking, touch-input based Gaming, including in Casinos, Security and Surveillance, and opportunities for Curved Displays. Official policy in mainland China is to develop relatively high-end technology in a variety of electronics and semiconductor sectors. This factor is a major driver of demand for industrial PCs (IPCs) and other embedded devices in the local market, and Zytronic anticipates high demand in these segments over the next decade. Zytronic anticipates its display technology will prove very competitive locally, particularly where applications typically require rugged solutions, curved displays and specialized custom designs. Zytronic selected MPU on the basis of its good connections and sales channels in China where the company has been able to observe MPU’s strengths. MPU has already been instrumental in establishing projects that integrate Zytronic products. MPU is, for example, cooperating with Zytronic on the development of a curved touch module, which will be deployed in combination with a curved LCD screen that incorporates Zytronic touch-screen technology."

New article which reads well FYI: Http ://www.proactiveinvestors.co.uk/companies/news/120775/opg-power-broker-spies-a-buy-opportunity-120775.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-345416-proactivity+-+23%2F12%2F2015 "OPG Power - Broker spies a 'buy' opportunity 09:22 23 Dec 2015 Shore Capital pointed out OPG trades on just 7.3 times prospective earnings, which equates to an enterprise multiple of 5.5 times. Broker Shore Capital restated its ‘buy’ on India-focused generator OPG Power Ventures (LON:OPG), which has been on the slide of late. That share weakness provides an opportunity for the savvy investor, it reckons. “We can see no discernible reason for this weakness, indeed, in our view, given the underlying strong operational progress that has been achieved over the last year with all generating units set for completion and normal economic operation over the next quarter or so, the weakness feels quite anomalous to us,” analyst Robin Speakman said in a note to clients. The Shore specialist reckons his “forecasts stance is solid” for the key full-year 2017, the first full 12 months operation of the mature OPG business. Yesterday the company moved to re-assure investors after a 16% slide in the value of the stock in the last month. It said flooding in the Chennai area of India had minimal impact on its operation there. Looking at the investment case, meanwhile, Shore’s Speakman highlighted the value of the stock after the recent retracement. It now trades on just 7.3 times prospective earnings, which equates to an enterprise multiple of 5.5 times. It also generates a free cash flow yield of 12.8%, with dividend payments on the horizon. Speakman said he was waiting for “visibility” on management’s longer-term growth plans, with OPG revealing recently it had signed very tentative agreements of on a potential 4,200 megawatts of power projects across both thermal and renewable sectors. “Funding for [these] projects is not in doubt to our minds – the company is already strongly cash positive, cash flow now beginning to increase materially with a very robust balance sheet,” said the Shore analyst."

Excellent article on LAKE here: http://www.stockopedia.com/content/stock-in-focus-can-lakehouse-deliver-on-ipo-promise-115602/ A 4.2p dividend and 12.5p forecast EPS, plus security of revenues going forward, makes LAKE a bargain buy at these prices imho. Mark Slater said this about LAKE in May: "Slater has been involved in a couple of recent IPOs, including social housing maintenance firm, Lakehouse. He said it has an experienced team, high margins, excellent visibility and high cash conversion. It could benefit from good growth drivers, such as outsourcing and regulation and there was scope for more accretive acquisitions: “It's interesting and relatively low risk".

Nice mention in Sunday's Mail on Sunday - HAYT was one of their winning predictions for 2015, but today's article concludes "the best is yet to come": Http://www.thisismoney.co.uk/money/investing/article-3374885/How-did-Midas-year-winners-losers-stock-picks-2015.html "Hayward Tyler is an engineering group that specialises in top-of-the-range electric motors and pumps, used in situations where failure is not an option. Last January, the shares were 78p. Today they are 92.5p and supporters believe the stock should rise to more than 120p over the coming 12 months. About 70 per cent of the group’s customers are in the energy and nuclear sectors around the world, including in America, China and India. A Centre of Excellence is opening next year in Luton, Bedfordshire, to improve design and manufacture and double capacity. The company also recently acquired Peter Brotherhood, a business whose products complement its own. Brokers expect profits to increase by 15 per cent to £5.1 million in the year to March 2016 and by 33 per cent to £6.8 million the following year, as the Luton site comes on stream and Peter Brotherhood is integrated into the business. Midas verdict: Hayward Tyler shares have done well but the best is yet to come. Hold."

The continued tragic and extensive flooding in the North is now even better news for RNWH - not only lots of damage to clean up, but also likely to be decently increased Government expenditure on flood alleviation/prevention: Http://www.seymourcec.co.uk/capability-main-drainage.php