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No wonder this shot up in May. The management have been in takeover talks not only with Keysight but also institutional investors holding AIE! They confirm today a number of ii will vote in favour of the proposed offer, so how long have they known? If I was a savvy fund manager knowing this was under offer I would be buying too...

Edison released a forecast today and suggests 2016 profits will be impacted also, assuming the banking covenants breach is not an issue. I'd be tempted to put some cash here perhaps closer to the next set of results but there are better growth shares in demand out there. Sometimes being a 'contrarian' and getting in ahead of the crowd after these negative events isn't the best use of making cash work. BVM, HAYT, DWHA, MBO to name but a few worthholding onto for slow and steady gains. Recovery stock play NBI

I seem to remember they have bought back 'A' shares before and if they're seriously discounted which they seem to be now, it makes sense to buy back and therefore retain more of future profits through reduced dividend payouts. Never mind value appreciation of the stock held in Treasury :) We wait and see

One of the oldest UK engineering companies and a lead supplier of electric motors and pumps across the globe, providing reliable technological solutions across the entire energy sector. Hayward Tyler celebrates its bicentenary this year, fingers crossed we get a nice surprise next week :)

11 trading days to go until Final Results, should be a significant rise on the back of increasing revenues (circa £50m) and a turnaround to profit. Net debt position will be all but eliminated...

It could be a brief respite before it continues lower given lack of board guidance or share purchases. Larger outfits like NBI should be able to adjust better in current climate and are due an upwards correction now

PRES bouncing today as results expected tomorrow, wonder if NBI will follow a similar pattern as discount buyers weigh up the value here. Surely a decent punt at this level with recent director buys at £2+ and the oil price steady above $60/bbl.. for the past two months. Was valued at more than £100m in September 2014 Results in April this year, revenue of £45m, profits of £7m on the increase. Placing to raise £3.4m at significant premium of 545p to part fund TNZ acquisition looks fantastic value at current price. TNZ contributed £1.4m approx in the final quarter of 2014 so I'm expecting shortfalls in some areas to be compensated to a degree by this new addition to the group. People forgetting that this company not only operate in equipment rentals... "replacement contracts are likely to be harder to secure" however the power reliability projects are likely to perform better as "growth will be supported by the lower price of energy". The business is now much larger as a result and continued investment in the hire fleet shows confidence in the boards outlook - "a broad footprint in areas which continue to develop their oil and gas industries and the ability to move and share equipment across continents" A period of consolidation ahead, unlikely to see further acquisitions but instead a reduction in net debt as the group manages it's gearing. Cash position likely to increase now. None of this factored into current £33m market valuation despite net assets of over £46m. Next trading update late July. Dividend equivalent of more than 3% for the year at current levels

£6m too cheap as market reacts to cost cutting program. Cash position depleting but was still over £1.2m at last set of results in March. Difficult to weigh up the cash burn as total assets actually increased from £16m to £18m, property value making up the majority of increase. Head office expenses of £1.5m bleeding this operation dry and should be scaled back according to Interims and todays update. Sound business model in its infancy, could be profitable in 12-18 months time

Well done Jolly! Good time to take profits now at 55p?

Watching this one, trading update due mid July should provide an idea of recent news, seems unloved right now with little daily interest.

Results due 23 June according to the update in April, earlier than last year and this has yet to build in the lead up to them. Increasing dividend on the back of increasing revenues and reducing net debt and II's continue to build stakes.

Wish I had sat on my hands longer now

Well done everyone today. Markets rewarding small cap progress finally, bodes well for others* with results later this month hint hint ;)

Looking better now, might have called this wrong last year

For sake of clarity, this related party transaction is likely not in shareholders interests! The CEO Mr Anagnostopoulos (that's a mouthful) owns a majority stake in Ionian Equity Participations Limited. They have effectively sold their property portfolio interest to SPDI for an increased shareholding. "In settlement of the Acquisition, SPDI has agreed to issue the vendors with - 18,028,294 shares in the Company - 18,028,294 warrants exercisable at a price of 10p within 45 days - 18,028,294 warrants exercisable at a price of 45p by 31 December 2016 If you look at the value of the portfolio and the lack of detail surrounding previous year income generation, it seems likely this was done at a premium to actual portfolio value, never mind the unnecessary 10p warrants... The CEO is offloading his own side dealings for a significant chunk of equity here. "The Company's nominated adviser, SP Angel Corporate Finance LLP, consider that the terms of the transaction are fair and reasonable insofar as SPDI's shareholders are concerned." - but we all know how books are cooked, especially in that part of the world... NAV of €18.6 million = £13.5m

£2-3m revenue, loss making and record of cash depletion.. risky IMO US development plan in early stages and unconfirmed yet. Better smallcap potential in MBO or TERN

Hi Doughpea1, welcome to the club. Thankyou for the recognition, but only occassionally pull off a call like this one.. Operating profit up 84% to £3.4m and a very tasty increase to dividend 1.9p per share. Might seem a poor yield at this level mind but the share price is up about 80% since last autumn In regards to cash position, down by £1.6m that was unexpected but then net assets are up £1.9m... The circa £3 million sale of properties after year end will improve the next set of results. Very healthy looking balance sheet, growth of revenue, GP and most significantly after tax of £2.7m.

What's everyone expecting other than revenue up 10%

Coal: avoid... except HSP are expecting net debt down to around £25-30m and Schroders have been busy building a stake whilst the company add shares to treasury. Could this be the only decent coal play turnaround of 2015?

The company balance sheet places 'goodwill' at a value of £8.1m of the total £17.1m NC Asset but after the last trading update that is questionable! That said, £8.8m in property, cash of more than £5.5m supplementing cash-flow and an order book of £30m it could be worse. Loans similar to cash position and the covenant breach shouldn't impact too heavily. 25% wiped off the value attributed to higher costs for one project this year, looks like an overreaction