A recent aquisition for Intelliplus Group plc and new contracts for this company are coming in thick and fast. Result - share price is consistently heading north - Up 46% since 1/10. Perhaps one to quietly be a ten bagger over the next few months. DYOR

LOL

This could be interesting:

Eckoh said it has received preliminary approaches from more than one party regarding 'various proposed corporate transactions', adding that certain of these may lead to an offer being made for the company.

The telecoms service provider said discussions are ongoing and at an early stage, highlighting there is no certainty an offer will be made.

Well it's been a quiet 18 months but perhaps things are on the turn:

Speech recognition services specialist Eckoh will post a full year profit after a strong improvement in performance. The firm said it had also clinched a three year contract with Capita Group Plc and Intelecom UK to provide an automated speech service for recording the hours and expenses of up to 35,000 temporary Census staff.

The firm said the good operational progress stated in the interim results of 10th November continued into the second half of the year. For the full year 2008-09, the adjusted loss suffered in 2007-08 of 1.6m has been converted into an adjusted profit that will be in line with market expectations.

This strong improvement in performance is primarily as a result of growth within the Speech Solutions division, an improvement in margins and a reduction of around 25% in administrative expenses following the reorganisation programme instigated at the beginning of 2008. Exceptional costs of around 1m will be reported which largely relate to the settlement of a legal issue with Channel 4, but cash balances in the Group remain in excess of 5m.

The trading statement today was very positive.

As well as the 5.0m in cash ECK are still to receive 2.7m from the sale of Symphony Telecom in June 2009 and June 2010, plus 1,2m from the sale of connections by the end of this year. Which would be 9.0m cash against a market value of only 12.0m.

I was a bit slow off the mark this morning, but hoping these will stay under the rador a bit longer, so I can build a worthwhile holding.

Any more thoughts out there on this one, thinking of getting in at the minute?