Vislink PLC Web Site : http://www.vislink.co.uk

Vislink Web Site : http://www.vislink.com
Link Resource Web Site : http://www.linkres.co.uk
MRC Web Site : http://www.mrcbroadcast.com
Hernis Web Site : http://www.hernis.com

Press Releases : http://www.vislink.com/press/index.php

Email alert service : http://www.vislink.co.uk/AnnounceMailFree/index.php

Read all about the exciting 2Ghz relocation ;

http://www.mrcbroadcast.com/2GHz/index.html

I think it will end stronger today peeyam so keep watching.

macd is building up nicely peeyam

peeyam I passed this over to Wapit so here for you too, large contract news in the coming weeks would no doubt be a massive boost to the price however so will an EPS upgrade as Vislink is presently trading at only 12 times forecast 2006 EPS. With US interest rates due to go up and UK rates to go down the dollar will continue to strengthen which will boost Vislinks sterling profits for the second half. A 2006 EPS upgrade to 3.5p would make 13 times the forecast 45.5p and an upgrade to 3.8p would make 13 times forecast 49.4p.

Sector average PER is 19.5 and market average is 13.49 so if you give Vislink a PER of 16 on upgraded EPS forecast of 3.5p you get a price of 56p. Even if you leave present forecast 2006 EPS where it is and give a PER of 19 then the price is 60p. There is plenty of room for upgrades and also plenty of reason and March and August are the times the Institutions like to buy Vislink.

If you look at the Price to Sales Ratio (PSR) for Vislink its x0.58 where Sector average is x5.44 which leaves plenty of upside (market average is x2.36), give VLK a PSR of x1 and its up in the 70p range.

This is the question do you add and buy now or wait until the brokers upgrade by which time its too late as its gone up already before you hear about it. In these recovery plays its all about getting in on the growth in EPS before the brokers upgrade their forecast, which will be due for VLK in mid September in my opinion.

Brokers upgraded VLK 2006 EPS forecast early July on the contract wins and what has not gone in yet is the sterling profit to dollar increase which I am sure will be mentioned in the results due around the 1st of September after the previous results wording and will cause another upgrade in September along with a strong order pipeline for Link, Hernis and MRC (and of course Vislink) which should be noted in the coming results in my opinion.

RNS Number:7508O
Vislink PLC
12 July 2005
Vislink plc
Half year trading update
Vislink plc ('the Group') is pleased to announce that on a comparable basis
trading profitability for the six months to June 30 2005 is expected to be
substantially ahead of the first six months of last year and that the Group's
trading remains in line with market expectations for the full year.

The Board is encouraged by the level of current trading and the recent
significant orders won by our broadcast businesses in both the US and in the UK, together with Hernis, our Norwegian based marine safety business.

The Board continues to look forward to the rest of the year with confidence.

Only about 20 days left to interims now so we should see strong buying coming in with the expected profits and upwards revisions to forecast after a bullish set of results.

Flying TV add new COFDM airborne system from Link 2005-08-08

Link have sold an airborne XP system to Flying TV, the UKs only ready to go TV Helicopter.
G-PIXX is equipped with Links latest 5W COFDM Amplifier and rack mounted TX unit which enables any satellite truck equipped with a COFDM receiver to receive the transmission. This system will give a range of around 100Km without the need for any mechanical tracking antennas enabling G-PIXX to cover any breaking news or sports event.
Link have been working with Flying TV over the past six months and have already used this system to great effect on many news and sports stories including the 2005 University boat race.
"The LINK COFDM system has delivered over 80 hours of robust live transmissions into a variety of fixed and mobile receive sites all over the UK. As we operate with a 2 person crew we love the 'fit and forget' design of both the TX and RX side - it's easier to use than a cellphone - and it enables us to offer live coverage to our customers over distances never previously achieved in the UK."

http://www.linkres.co.uk/news_details.php?uid=85

PpP: Am having an exceptional week with recovery stocks, and now VLK joins the blue brigade with promise of more to come. Thanks again for the news flow - it sounds like they are in the front line for surveillance technology, at the time when it is most needed.
sd.

squidd the on balance volume making new highs again after London knocked it down means they will have to keep raising the price to get sellers to fill the buys. Its looking very strong and an upgrade to EPS forecast after profitable results based on strong order book and increased profits from the weakening pound to the dollar are due so 50p here we come in my opinon.

Would not be surprised to see a few more 100K buys at the end of the day like yesterday in the remaining time before results as I think Goldman are after another million having got about 400K to 500K at the moment.

And we are off squidd !

My target is a 2006 EPS forecast upgrade from 3.2 to 3.8 after results (based on strong order book and increased sterling profits due to dollar strength).

3.8 x 15 = 57p fair value for me in my opinon.

squidd looks strong and got over a resistance level today so will be good going into the results which are quite soon now. I added into UNG today and will add into both VLK and UNG in the run up to their results which should be VLK 1 week before UNG.

Up again today squidd all looking good. 17th is news from TAG if not before so keep an eye out for that.

PpP: My computer has been down, so VLK & APH welcomed me in blue on return - at a time when some of my recovery stocks are temporarily drooping. Both these shares are looking more and more like backbone shares to maintain stability in the portfolio, when others are looking uncertain.
I never did get into UNG because of the sudden jump in the spread and I was then distracted by ULT, which is looking exciting at present.
sd.

squidd check out the news on PTC today.

Been watching this and in on the news, it could fly a long way as the fundamentals are good too !

And there we go 300,000 buys at the end, if my thinking is correct then thats Goldman now with about 800K and still 200K to go for their 1 million top up.

Its simple to read and watch this one fly into the results now.

squidd we will have to see on the next holdings news was I right with Goldman or will it be the pension funds buying again.

Looks like a rash of profit taking now, the losses in the USA might make the profit taking gain momentum at the moment.

PpP: Had to sell my VLK holding, at a small profit, first thing this morning in order to release urgently needed funds to top up in ULT.
The battering taken by the big pharmas on Friday after the Vioxx case, looked set to continue this morning with GSK in the firing line after release of a report pointing to suicidal tendencies with Seroxat, and I thought this would give a big boost to ULT. And so it proved - was able to scoop much of the 20% rise.
I think ULT is building mostly on hype at the moment with few actual sales - would appreciate any views you have however.
sd.

squidd a profit is a profit and it seems like you made a good move with a 20% jump on ULT. The recent contract news was good but then again there was profit taking after that rise including EK selling out. If they can sustain more good news and contracts then it will move up, but like you say it could be peoples expectations of more things thats giving the second rise, so there might be a time to do some top slicing when the current rise loses momentum if no new news comes.

PpP: Many thanks.
sd.

Will it be results in the morning ? The 1st is the target but I would say anywhere between the 1st and 8th.

Vislink PLC
01 September 2005


Vislink plc

Interim results for the six months ended 30 June 2005

Vislink plc ('The Group'), a leading supplier of microwave radio and satellite
transmission products for the broadcast and security markets and of CCTV systems
for the marine security market has today announced its interim results for the
six months to 30 June 2005.

Financial summary
--------------------------------------------------------------------------------
For the six months ended 30 June__________2005_________2004
______________________________________'000________'000
--------------------------------------------------------------------------------
Revenue_______________________________35,753_______30,107
Operating profit_________________________2,527__________661
Underlying operating profit________________3,046__________661
Profit before taxation____________________2,092__________447
Earnings per share -basic_________________1.07p_________0.29p
Earnings per share -basic underlying________1.33p_________0.29p
--------------------------------------------------------------------------------

Key points

The Group has achieved a significant improvement in its trading
performance for the first six months of 2005
Orders increased by 66% compared with the first six months of 2004
Link Research Limited ('Link'), acquired on 11 February 2005, has made a
strong contribution to the Group's profitability
The Group's reported operating profit was 2.53 million (2004 - 0.66
million)
The Group's underlying operating profit, being operating profit before
the amortisation of acquired intangibles, was 3.05 million (2004 - 0.66
million).


Bob Morton, Chairman of Vislink said:

'All the businesses are trading ahead of last year at the operating profit level
and the synergies and benefits from the acquisition of Link are already showing
through. The Board is encouraged by the current level of trading, the
significant orders won by the broadcast businesses and Hernis and continues to
look forward to the rest of the year with confidence.'

I am now looking for a good set of positive interims from BOI and UNG on the 7th and 9th of September respectively. VLK moved up well ahead of the results and should remain strong on them. BOI and UNG are yet to make their moves up in my opinion if we get good positive statements.