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Cheers gocarclo. With between 9.88p to 10.66p EPS forecast for this current year by the three covering analysts on Hemscott, the P/E is a pretty good value 14 or so. This is particularly the case given that CAR's two main divisions are steaming ahead and would normally warrant more of a premium rating given their prospects. Now that CIT is largely out of the way, CAR may perhaps get that re-rating. In addition of course, CDS is in the share price for almost nothing, yet may produce significant - and now relatively short/medium-term - rewards. Forecasts going forward seem to imply around 12.5p-13p EPS. On that basis the current share price is cheap imo.

Good coverage here: Http://www.proactiveinvestors.co.uk/columns/beaufort-securities/18191/beaufort-securities-breakfast-alert-fox-marble-afc-energy-petards-group-horizon-discovery-group-and-others-18191.html "Fox Marble (LON:FOX), 20.50p) – Speculative Buy Yesterday the Group announced its preliminary results for the year ended-December 2014. Operational Highlights included the fact that over 14,000 tonnes of marble extracted during the period. Revenue for the year totalled €0.15m (2013 – €0.05m) with much of the initial 2014 order book being pushed into H1’15. Operating loss for the year was €2.12m (2013: loss of €2.17m) with net loss of €2.33m (2013: €2.57m) due to costs incurred in bringing the quarries up to full production. The Group’s net cash position at end-December 2014 of €4.70m (2013: €5.26m). Since the year end Fox Marble sold 900 sqm of polished slabs of Argento Grigio marble to St Georges Plc the luxury homes division of Berkeley Homes Plc, while product continues to be sold via the company’s office in Carrara and its distributors in London (Pisani) and New York (Royalstone), with confirmed or completed orders under the Pisani offtake agreement currently total over €250k. Importantly, the construction of the factory building is almost complete and the company will shortly begin transportation and installation of the processing machinery. Order book as at 9th April 2015 stood at €2.8m out of which €2.0m is expected to be realized in 2015. Our view: Quite shortly, Fox Marble will see key milestones fulfilled, including completion of the factory and increasing levels of production in Prilep and Malesheva. Significantly, this will lead to the company winning significant orders for its product as its branding, marketing and sales focus continues to develop. It is important to remember that buyers of wholesale marble survive only on their ability to deliver product in the volumes and quality promised; to date, despite having exceptional in-the-ground resource, their confidence in Fox Marble’s ability to extract and process has been lacking. With capacity now about to undergo a step improvement, this concern will quickly be repaired. Beaufort anticipates revenue climbing sharply during 2015 as more customers purchase its exceptional quality stone and compounding further into 2016 and beyond. Fox Marble effectively has an infinite on-surface resource across a wide range of rare and unblemished marbles. It is presently cash rich, while capital costs have already been committed with little further expenditure anticipated going forward. Labour and transportation costs are low, yet global demand continues to increase while pricing remains firm and rising. Against this, Group operations looks set to become exceptionally cash generative very quickly, with management committed to annually distribute any the surplus in the

Wow - 1.21m shares just bought at 55p... If GAME really did achieve £5.7m EBITDA this year, as forecast by Davy below, the share price would be much, much higher than today's level, even if £5m of it related to a system sale: hxxp://www.4-traders.com/GAMEACCOUNT-NETWORK-PLC-15011763/news/GameAccount-Network--Game-Account-eyes-US-growth-for-2015-20209800/ Extract: "David Jennings of Davy Stockbrokers said that the key goal for GAN remains building volume. Davy expects GAN to generate earnings before interest, tax, depreciation and amortisation of £5.7m this year. £5m of that relates to a system sale."

The market will now look towards this year's forecast of 29p-30p EPS now that 25p+ EPS is in the bank. EAS' cash flow is hugely attractive, and of course the recurring revenue etc. And EAS has been tipped today by Questor in the Telegraph.... Http://www.telegraph.co.uk/finance/markets/questor/11544238/Questor-share-tip-Energy-Assets-still-a-buy.html "Questor share tip: Energy Assets still a buy The smart meter company is building up a strong core of cash generating assets that investors should tap into, says Questor. Energy Assets 475p -2p Questor says BUY ENERGY Assets [LON:EAS], which installs smart electricity and gas meters for industry, is seeing revenue and profits rise as customers try to save money. The company said yesterday that the core meter asset management division – responsible for 43pc of group revenue – which installs the meters had another strong year. The group reported it held 365,000 meters at the end of March, up from 327,000 meters at the end of July, and about 163,500 a year earlier. The market expectation is for full-year pre-tax profits from those meters to reach £8.8m, up from £6m last year. The company should generate 25p in earnings per share for the year when it reports results on June 9. Questor thinks the long-term outlook for the company is good. It buys smart meters, installs them and charges an annual fee for their use. The average meter costs £850, and generates £135 a year in rental fees for Energy Assets. The upfront capital cost of the meters is funded by debt that is paid off over an eight-year period, but the meter can last at least 20 years. The rental fees Energy Assets earns are guaranteed by blue-chip names such as npower, British Gas and Gazprom; the fees also rise with the Retail Prices Index for up to 15 years. Once the company’s debts are reduced it can start paying dividends. The payout is expected to start in the year ended June 2016 at about 7.6p per share, or a prospective yield of 1.7pc, and rise sharply thereafter. The shares have risen 50pc since we recommended them 18 months ago (Buy, 317p, October 4, 2013). Questor likes the growth profile and income potential despite the risks inherent in investing in such a small company at an early stage. The shares aren’t cheap, trading on 18 times forecast earnings, but due to the growth in revenue and profits that falls to 15 times next year’s earnings and 12 times after that. However, Questor thinks the potential for steady cash generation makes this a share for the long term. Buy."

Nice to see the share price bouncing this week. Forecasts remain at 0.6p EPS, with a 0.15p dividend. NovoIVC have a new brochure out which is a good read: Http://www.worldtravelcateringexpo.com/__novadocuments/79730?v=635628057556370000 Extract: "Flexible payment solutions Novo IVC were the first company to put Chip & PIN EPOS systems on-board an aircraft. PCI DSS v3 compliance provides fresh challenges and opportunities to Airlines and Railways. Novo IVC has the experience and partnerships to help you navigate these complexities. SkyPOS and TrackPOS are also multicurrency and provide comprehensive reconciliation facilities. No sale need be lost from lack of flexible payment methods."

"Major" new contract win for Fendercare - another rather prestigious customer, and nice long-term revenues.... Http://www.yourdefencenews.com/fendercare+marine+sign+contract+with+defence+support+group+for+provision+of+wet+blast+facilities_115035.html "Fendercare Marine sign contract with Defence Support Group for provision of wet blast facilities Tuesday, Apr 14, 2015 · Wet blast provision to be provided on AM2 Helipad matting · Demonstrates the versatility of the Blastgreen wet blast services offered by Fendercare Marine · Contract win provides further evidence of the close working relationship between Fendercare Marine and Defence organisations Fendercare Marine, the world leading marine products and services supplier, has announced the signing of a major new contract with Defence Support Group (DSG). The three-year frame agreement is for UK wide sub-contracted general engineering services for blast-cleaning on items such as AM2 Helipad matting. The Defence Support Group provides assembly, maintenance, repair, overhaul, upgrade and support services for the UK Armed Forces including current and future MOD equipment acquisition and support strategies. In December 2014, Babcock International purchased the Defence Support Group in a deal worth £140million. The deal included a ten-year contract with Babcock to maintain, repair and overhaul the British Army’s vehicles and light weapons, including Challenger tanks and Warrior armoured vehicles, which carry infantry soldiers into combat. The wet blast facilities are provided through Fendercare Marine’s subsidiary company Blastgreen who design, develop and manufacture wet blast cleaning equipment for sale, hire and service. Their wet blast machines do not use chemicals or toxic abrasives but instead use a combination of water and natural, environmentally friendly media - Olivine and Garnet. The water and media are combined and applied in minimum quantities ensuring the blast jet is easily contained, with a minimal dust cloud and very little waste. Brett Ward, Defence Project Sales Manager commented “We are delighted to have been selected by DSG for the provision of their blast cleaning requirements. Following on from our recent contract agreement with BAE Systems for equipment to supply their OPVs, this just demonstrates the breadth of quality products and services that Fendercare Marine can deliver.” Blastgreen’s wet blast service has proved a popular and versatile addition to the Fendercare Marine portfolio of services. Blastgreen was originally purchased by the Group for use with boat builders and marinas due to its excellent performance coupled with its environmentally friendly “green” credentials. However, the versatility of the Blastgreen service soon became apparent with contracts being secured for wet blast facilities at airports, the London underground and for white line removal

Very pleasing to see this small placing achieving 13p per share and a premium on the current share price - suggests some keen investors out there. Hopefully news flow to follow soon.

Great news yesterday - an extra $2m-$3m EBITDA will contribute nicely to this year's expected $21.8m EBITDA. Good to see Finncap's 212p target reiterated, though I haven't seen any comment from them yet about the news. I wonder if they'll lift their forecasts? Perhaps too early in the period. It was also interesting to see CHT's comment that " "2015 has got off to an excellent start". Which bodes well.

More director buying being reported today, and quite large purchases too at 200,000 shares following another 100,000 yesterday.. Davy state that the results were actually better than expected - and there's £11m cash against the £22m m/cap. It wouldn't surprise me to see a system sale or two soon given the language in the results, and simulated gaming could provide unexpected and large upside given that low m/cap. Here's Davy's summary: "GameAccount Network - Reports smaller-than-expected loss for 2014; simulated gaming KPIs showing good momentum 09:10 16 Apr 2015 By Davy Research GameAccount’s full year results contain few surprises. That said, the operating loss was lower than expected while the net cash position is higher than we were forecasting. The goal of building a sustainable business model around simulated gaming is supported by improving KPIs for the product. With compelling value metrics, the key remains to build volume."

...in all respects - always good to be surprised on the upside! And that despite currency movements lowering sales by £0.5m too.... Looking forward to the upcoming news flow. Positive sentiment could take ODX a long way up from here imo. Here's an interview with the FD..... Http://brrmedia.co.uk/event/137163/partner/TRADERSOWN

Another positive factor in this agreement is that it's exclusive only to uses for touch-screen technology, and that only for two years. CAR are free to license FLT for other uses and also the basic CIT circuit printing technique immediately. The money received will also be useful for any investment due to rapid expansion of the main existing operations or in CDS.

Considering that CIT has been written off as worthless by the market, a possible $30m in royalties including a non-refundable $4.67m advance is a pretty good result. And the film supply agreement will produce profits which offset the Cambridge closure costs too. I'll have to keep a closer eye on Unipixel from now on! Didn't think they'd be the buyers... I like the way the closing comment emphasises the "significant future growth prospects" of the two core divisions.

Prestigious new work for JMP: Http://www.jmp.co.uk/forward-thinking/update/review-traffic-commissioner-service-department-transport "Review of the Traffic Commissioner Service for the Department for Transport Submitted by JMP News on Tue, 31/03/2015 - 09:58 Over the last few months, JMP has undertaken a review of the Traffic Commissioner Service for the Department for Transport. Traffic Commissioners are the independent regulators for the road passenger and freight industries, responsible for licensing and taking action against companies that are non-compliant. Our report was published on the Government website on 26 March 2015 and can be viewed at https://www.gov.uk/government/publications/traffic-commissioners-trienni..."

Good coverage this morning: Http://citywire.co.uk/money/4-shares-the-pros-are-buying/a808701#i=5 "Martin snaps up more Vectura Citywire AA-rated rising mid-cap star Mark Martin has upped his conviction overweight position in Chipenham-based drugs developer Vectura Group (VEC). Martin increased his holding to 5.1% of the business worth £30.5 million at a share price of 150p. The manager was appointed head of UK equities at Neptune a year ago and currently leads the UK All Companies league table over three years. Shares in Vectura - which develops treatment for respiratory diseases such as asthma – spiked 16% in January when the firm announced it had signed a major licensing deal, but have largely drifted sideways since. Six analysts tracked by Reuters have the stock on a positive outlook versus two holds. Canaccord Genuity and FinnCap both rate it a ‘buy’, with price targets of 192p and 202p respectively."

The infrastructure is certainly being put in place...once the sales follow through then the current tiny m/cap (almost wholly backed up by the cash pile anyway) will be extremely cheap imo: Http://www.investegate.co.uk/akers-biosciences--akr-/rns/distribution-agreements/201504130700139126J/ "Distribution Agreements Akers Biosciences, Inc. (NASDAQ: AKER) (AIM: AKR.L), ("Akers" or the "Company"), a medical device company focused on reducing the cost of healthcare through faster, easier diagnostics, has added six new distributors to market its rapid tests for heparin‐induced thrombocytopenia ("HIT") in nine additional countries within Europe, the Middle East and Africa (EMEA). The Company has signed multi-year distribution agreements for PIFA Heparin/PF4 Rapid Assay products with Pathway Diagnostics Ltd, covering Great Britain; ACCUSCIENCE Ireland Ltd, covering Ireland and Northern Ireland; Tokra Medikal Tic Ltd Sti, covering Turkey; LabPro d.o.o, covering Serbia, Montenegro, Macedonia, Bosnia and Herzegovina; AVL Sofia Ltd, covering Bulgaria; and MASTERLAB SARL, covering Morocco. Akers has developed the only U.S. and E.U. cleared rapid test to detect a potentially fatal allergy to the widely used blood thinner, heparin. This clinical syndrome known as HIT reverses heparin's intended therapeutic effect and transforms it into a clotting agent. Patients suffering HIT are at risk of developing limb- and life-threatening complications, so the rapid diagnosis provided by the Company's Heparin/PF4 devices is paramount to effective, clinical decision making. Millions of patients are exposed to heparin around the world each year and between 1% and 5% of those patients receive a HIT diagnosis. The largest at-risk populations are patients undergoing major cardiac or orthopedic surgical procedures. "As sales of our rapid tests for HIT continue to rise in the U.S. we are actively seeking to roll out the marketing to other countries around the world," said Raymond F. Akers, Jr. PhD, Co-founder and Executive Chairman of the Board. "These additional distribution partnerships add to our expanding global footprint which now exposes the Company's flagship test to 20 non-U.S. markets including China," continued Dr. Akers. "Key to growing the international footprint is partnering with distributors with the right networks and experience to drive sales - in some cases in countries where there is no established procedure for testing for HIT," added Nicolas Daurel, Vice President, Sales and Marketing for EMEA. "We are confident that our international partners have these credentials and look forward to supporting their strategies.""

Great to see the Mail's tip today. Here's the remainder of Beaufort Securities' tip, which I inadvertently cut off my last post: "The reality is that the value of Fox’s licences, which place an in-situ value of €16.5bn on just four of its eight quarries, dramatically exceed the Group’s market value. When it has demonstrated its ability to routinely turn production into significant profit, the market should start to recognise this fact and power a re-rating of the shares. We maintain a Speculative Buy on the stock. "

Interesting comment about the P/E ratio falling to just 10.7 - this implies around 12.8p EPS going forward. Looking very cheap indeed on that basis.

Beaufort Securities have just e-mailed this out: "Fox Marble (FOX.L, 17.75p) - Speculative Buy Fox Marble, the AIM-quoted group focused on marble quarrying and finishing in Kosovo and the Balkans region, yesterday announced it had received orders from the prestige home division of Berkeley Homes Plc, for two different types of marble (white and grey). This will be supplied to its Chelsea Creek development throughout the rest of 2015. This order has a total value of €570,000 of cut and polished slabs and is in addition to the previous orders for 900sqm of polished slabs of the Company's grey Argento Grigio marble, which was announced in January 2015 and has already been delivered to site. Fox also reported initial small scale orders for its red, Rosso Cait, marble have been received and fulfilled for customers in Egypt. The Company's order book now stands in excess of €2.8 million of which €2 million is expected to be realised during 2015. The Group’s factory building is now nearing completion, requiring a further 10 or so days of uninterrupted work in Pristina, whereafter time equipment will start to be shipped from Italy for installation in the building. Our view: Marble is not a mineral that can be commoditised and multi-graded like oil or gold. Although its global market is valued at around US$15bn annually, the fact is that sales are driven more by desirability and availability than need or utility, which means that it remains something of a ‘cottage industry’ (as is often the case with luxury or bespoke value-added goods). The fact that Berkeley Homes has now extended its order is clear testament of the both the premium quality and volume consistency that Fox’s quarries are able to provide. Marble buyers, of course, operate in a conservative manner, understanding that above all their reputation for delivery on time, on price and in the quantities promised is all. As a wholesale provider, this is what has restrained the Group over the past couple of years. But with its factory finally nearing completion while commencing a quite dramatic ramp-up of production in tandem with rising buyers confidence, sales targets envisaged in Beaufort research of the past year now look set to be met or exceeded. Fox Marble effectively has an infinite on-surface resource across a wide range of rare and unblemished marbles. It is presently cash rich, while capital costs have already been committed with little further expenditure anticipated going forward. Labour and transportation costs are low, yet global demand continues to increase while pricing remains firm and rising. Against this, Group operations looks set to become exceptionally cash generative very quickly, with management committed to distribute any the surplus in the form of dividends. The first result of this could even be seen this financial year. The reality is that the value of Fox’s licences, which place an in-situ value of 

Nice summary here will hopefully attract some interest today: Https://uk.finance.yahoo.com/news/why-sell-quindell-plc-buy-144524809.html "Carclo Plastics producer Carclo (LSE: CAR) cheered the market in Thursday trading after also revealing positive financials, and the company was last dealing 7.9% higher on the day. The business said that its Technical Plastics division had witnessed a strong final quarter, with margins continue to improve as high-quality programmes come on stream. The abacus bashers remain bullish on Carclo's earnings picture in the coming years, too, and expect the Ossett-headquartered firm to follow a 20% earnings advance in the year concluding March 2015 with an extra 42% rise in 2016. And the bottom line is expected to leap a further 17% the following year. As a result the plastics manufacturer changes hands on a P/E ratio of just 12.3 times for this year, and which drops to an even-more appetising 10.7 times for 2016. With the company having recently ramped up capacity in the US and Czech Republic, and on course to expand its facilities in China and India, I fully expect sales of Carclo's high-tech products to surge in the coming years."

Amazon Prime acquire the latest seasons of three of ETO's series, and they already have ETO's Rogue as well.... Http://www.tvwise.co.uk/2015/03/amazon-prime-instant-video-picks-up-uk-rights-to-new-seasons-of-halt-catch-fire-turn-the-red-road/