Clyde Process Solutions plc (AIM: CPSP), a provider of customer-driven,
material handling solutions for process industries, announces that it has been
awarded a new 2.2 million order with a leading European cement producer.

Been looking at potential beneficiaries of a stronger $ and CPSP looks quite interesting. Fully diluted EPS of 8p pershare and maiden dividend in year to Feb 2008 included only 10 months of large US acquisition. Approx 70% of sales now in US. Encouraging noises since results suggest current year trading holding up well. Their markets primarily large process industries and for a small company they have global presence.Gearing a bit higher than I normally like and CEO of US company acquired in 2007 has recently left (maybe at around 60 he had had enough) but on historic P/E of seven I have dipped a toe in today with purchase of 5000 shares at 53.5p. Always DYOR

Good trading update today, well received. Hope some of you are in this - imo has lots of potential but always DYOR.

The material handling services provider also said its order book at the end of July stood at record levels of 34.9 million pounds compared with 21.4 million pounds last year, reflecting the strong progress the group has made to the start of the financial year.

From a purely charting point of view, sp is currently exactly on the 200 DMA. Movement either side of this would indicate strength or weakness.
Have put this on my watch list as seems to have good potential with a strengthening order book.
Market cap is only 28.6m (?) so as a minnow, comes with a degree of risk. Also 10% spread on the bid/offer is a bit of a downer!

Fair comment Harry. The spread is a real pain, but I expect to be in for the longer term, when hopefully the initial spread would not hurt so much. History fairly meaningless before transformational activity last year - with sales running this year at around 3 times current market cap (and new orders "generating healthy levels of contribution") I remain quietly confident, but always DYOR.

Solid results well received today and interim dividend for the first time. Prospects good, although still below my purchase price - but as one of the few speculative punts in my portfolio doing better than most at present!

Very good figures today and P/E now 4 at 36p. Debt still high, but rise attributable to exchange translation (most sales in US). Not so pleased that dividend omitted as a result, perhaps as a quid pro quo for enhanced bank facilities until 2013, but pleased to have averaged down on recent weakness. Even if difficult to deal (and recently gone on to PLUS as well as AIM) these remain imo a solid share for the medium term, but always DYOR.

Has quietly gone up 100% since May.
And the sales are slowly coming in.

http://www.thebusinessdesk.com/yorkshire/news/88285-cps-deal-during-uk-china-trade-trip.html?news_section=5