Anyone investing in this one? One you stip out the cash on the books you get a forward PE of about 4!! So it looks fairly cheap for a company that is experiencing substantial growth.

Tallsiii

This has progressed very well over the last week - up by nearly 25% by mid afternoon yesterday.
Slipped a bit in early trade today, but has just announced new contract win which has turned the tide again & it is back blue.

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LONDON (AFX) - Touchstone Group PLC said its joint venture with Vorsprung Business Solutions Ltd has won a first phase project worth over 800,000 stg to supply a Microsoft system and related consultancy services to the Isle of Man Government.

The project has started and is expected to be completed over the next 12 months, it said.

Additionally, Touchstone's Axapta division has achieved preferred systems implementation partner with Speedy Hire PLC, which is intending to conduct further development along with Touchstone with the possibility of a pilot implementation in the next 12 months.