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RNS out - Oryx continue to buy, another 1m shares in the last 3 weeks taking them to 5.25m or 11.54%: Http://www.investegate.co.uk/hayward-tyler-group/rns/holding-s--in-company/201506101441488030P/

Note that the AGM and trading update is coming up soon on 2nd July. With the "encouraging start to the current financial year" it should be a good one. Panmure's latest current year forecast is 9.58p EPS, with a 3.6p dividend. Next year they go for 10.3p EPS. with a 3.67p dividend. Numis go for 3.85p and 4.2p dividends respectively, so Panmure's dividend forecasts are on the low side. So still extremely cheap on barely a double-digit P/E and against sector comparators - especially given the better Balance Sheet than most of those comparators.

Nice bounce from 300p - and two pieces of news: Http://evertiq.com/design/36995 "09 June 2015 Zytronic expands presence in South America Zytronic, the specialist developer and manufacturer of projected capacitive touch sensors for advanced touchscreen applications, has expanded its sales presence in South America. The company has extended its distribution agreement with manufacturer’s representative Phoenix Rep to cover the whole of Central and South America with a special focus on Brazil. Phoenix Rep plans to establish an office in South America soon, to enhance its direct links with Brazil, and other countries in the region.Phoenix Rep, which is headquartered in Guadalajara, Mexico, represents electronic component manufacturers and provides design and technical support to domestic OEMs. Ian Crosby, Zytronic sales and marketing director, commented: “Phoenix has been extremely supportive of developers and system integrators working on a wide variety of projects that have benefited from Zytronic’s rugged, high performance touchscreens. We wanted to extend this offering to customers in South America and are confident that together we will enable a host of exciting new designs such as cutting edge touch tables.” And secondly, a new article about why this TMF writer would buy ZYT rather than MONI....a fairly uneven contest imo! And he doesn't even mention ZYT's cash pile.... Https://www.fool.co.uk/investing/2015/06/09/why-id-buy-zytronic-plc-but-would-sell-monitise-plc/ Extract: "Touch Screen This situation contrasts markedly with Zytronic (LSE: ZYT). It manufactures touch screens for allsorts of products; from drinks machines, to ATMs. As such, it is not, strictly speaking, a technology company at all. Therefore, its bottom line is much healthier and more consistent than you would expect, with Zytronic having been profitable in every one of the last five years, with growth averaging 15% per annum during the period. And, looking ahead, Zytronic is expected to be profitable in each of the next two years, with growth of 8% forecast in the current year, followed by a rise of 14% next year. Despite this, it trades on a price to earnings (P/E) ratio of just 14.1, which translates to a price to earnings growth (PEG) ratio of only 0.9. This indicates that its shares could continue the rise that has seen them soar by 33% since the start of 2014." "Zytronic’s track record of growth, its forecasts and its valuation all hold tremendous appeal. And, while it is not really a technology stock, it is benefitting from the increased use of a relatively new technology in terms of the wider usage of touch screens in everyday life. As a result, it seems to be a better way to access a growth space, while maintaining a sound investment case via its upbeat financials.""

Crazily undervalued imo. The most recent trading update - just two weeks ago - was terrific. The next trading update is not far away being next month, i.e July. I note that forecasts remain: - this year : 6.06p EPS, 2.83p divi - next year : 7.4p EPS, 3.7p divi

Consensus forecasts going forward are now appearing on websites for the first time and emphasise just how cheap CRE is: This year : 14.1p EPS, 4.7p dividend Next year : 15.1p EPS, 4.95p dividend Over the next 15 months shareholders can expect 7.8p of dividends, around a 5.5% annual yield, from a company trading on a single-figure P/E....

For those of us interested in making large gains over the long-term, today's RNS is only slightly bad news re the blip in furnace production, but is far outweighed by the good news in the following: "The Company is pleased to report continuing progress on the game changing contracts, in particular: · the Company has now successfully completed all testing by a major tier one international brake manufacturer and is in the process of jointly sharing the results with a British vehicle OEM. The results confirm the technical superiority of Surface Transforms' products compared with the competition and included passing the "wet endurance test" as previously described (see RNS announcement dated 18 November 2014) · the Company is shortly to receive a delegation from a renowned premium German car manufacturer to review the Group's internal processes - a crucial part of their new product introduction system for new suppliers · the detailed engineering discussions with the furnace manufacturers have led us to jointly conclude that the Company can now build a pilot plant for 17,000 discs, (against the 10,000 disc capacity previously described) for the same £4 million investment The Board of Directors continue to believe that it will be able to make a significant announcement in the near future" The three new managerial appointments are also impressive imo, and further evidence that things are happening, albeit slowly!

N+1 Singer has just increased its target price to 171p from 152p, saying Buy: Http://www.lse.co.uk/AllNews.asp?code=pe1mf853&headline=BROKER_RATINGS_SUMMARY_HSBC_Upgrades_IAG_To_Buy_From_Hold

Consensus forecasts of 14.2p EPS this year may well be increased, given the 13.1p EPS last year which easily beat forecasts. Particularly with the boost from the HowSplendid acquisition for cash post year-end. I can see say 15p+ EPS being achieved now. Which could see a share price of 180p-200p later this year.

Excellent results from the core business, beating expectations: - 7.9p EPS has easily beaten forecasts of 7.3p - 2.75p dividend is at the top end of expectations - underlying £7.1m profit compares to £6.6m forecast - the outlook is terrific, particularly given the global client wins mentioned for CTP and the growth at Wipac. This year's forecast of 10.64p EPS looks nailed on imo given the growth of CTP and Wipac. The current share price therefore includes very little for CDS, which it seems is now fully focused having been cut to two main programmes, and for which CAR express a great deal of confidence about full commercialisation despite hurdles to overcome. The write-offs are huge, but expected and should be discounted by now apart from the smaller PDL write-off.

Excellent results which beat forecasts by some margin: - 13.07p EPS, compared to 12.5p forecast - 4.2p dividend, compared to 4.1p forecast - and another acquisition, announced separately: Http://uk.advfn.com/news/UKREG/2015/article/67200081 Note the fantastic client list which the rest of CRE can now exploit, i.e Allianz, Cuprinol, Kopparberg, Nando's, House of Fraser. The outlook is extremely positive - and the post year end acquisition for cash of How Splendid will mean that this year's results are strongly boosted. CRE is just far too cheap imo.

Sanlam Securities today reiterate their Buy and 165p target, prior to next Tuesday's prelims, which CRE have already flagged as in line with forecasts of: - 12.5p EPS - 4.1p dividend - £8.3m net cash Http://www.dakotafinancialnews.com/creston-plc-given-buy-rating-at-sanlam-securities-cre/191850/

Climbing upwards slowly. Yesterday Canaccord reiterated their Buy and 260p target price: Http://www.dakotafinancialnews.com/ncc-group-plcs-buy-rating-reaffirmed-at-canaccord-genuity-ncc/190069/ I note that Sophos have just now announced their intention to float: Http://www.investegate.co.uk/sophos-ltd/rns/intention-to-float/201506030700300428P/ No doubt the multiple will be pretty heady - it should hopefully focus attention on the likes of NCC....

Tipped yesterday by Robbie Burns (Naked Trader): Http://www.masterinvestormagazine.co.uk/latest/robbie-burns-trading-diary-2/ "Another one I bet you never heard of is Energy Assets (EAS). I’m already up 70% on my first buy of these and I’ve bought some more this month. This company is the largest independent provider of industrial and commercial gas metering services in the UK and a provider of electricity metering and data services. Demand for the installation of advanced utility metering and related services remains high and, as a result, Energy Assets says it continues to experience strong trading and growth. This area of the market just keeps on growing and Energy Assets is taking full advantage of its position. It just keeps announcing deals too – most recently with City West Homes and Westminster Council. This is another boring one I expect to hold for some time."

New Edison report out which is very positive, and they've increased their forecasts to 25.5p EPS this year and 29p EPS next year. Amazing to realise that ETO stands at a 34% discount to the peer group average based on P/E according to Edison. Let alone trading at a premium. Just trading at the average would mean a 500p share price. This really is looking cheap now imo. Hopefully there could be a stonking run up coming. http://www.edisoninvestmentresearch.com/research/report/entertainment-one99

In tonight's FTSE reshuffle it seems to me there's a good chance EAS will get promoted from the FTSE Fledgling Index to the Small Cap Index. If so we should see continued demand for the shares from trackers etc at the very least.

Canaccord apparently have a 270p price target here - reduced on Monday from 281p :o)) Http://www.mideasttime.com/canaccord-genuity-lowers-gameaccount-network-plc-price-target-to-gbx-270-game/477792/ alf of that would suit me fine for the moment....

Finncap retain their 280p target today...that's 71% upside: "Constellation Healthcare*: On track for strong growth (CORP) Constellation has confirmed that trading is in line with expectations and we are maintaining our forecast of 43% EPS growth for this year. The group is performing well across all divisions and PPP, acquired in March, is already proving a success and has integrated well. Organic contract wins continue, with 14 new clients added in the year to date that are estimated to deliver $8.5m sales and $3m EBITA in a full year. This is up from the $6-7m sales and $2-3m EBITA highlighted in April. With financing in place, post the recent placing, to progress the acquisitions strategy that we expect to be significantly enhancing, we maintain our 280p price target (71% upside)"

Very solid update today - encouraging stuff. In particular it's encouraging that PPP has been integrated so well already. No doubt we'll see more acquisitions soon.

Looking strong - hopefully good for a run up to 350p now.

Nice close tonight at new recent highs. Panmure's latest current year forecast is 9.58p EPS, with a 3.6p dividend. So still extremely cheap on barely a double-digit P/E and against sector comparators - especially given the better Balance Sheet than most of those comparators.