Good morning all,

I noticed two RNS this a.m. from AIM companies.

First, geology services firm Getech (LON:GTC) announces its largest ever contract win.
http://www.investegate.co.uk/getech-group-plc--gtc-/rns/largest-ever-new-contract----5-million/201409080700100188R/

Largest ever new contract - $5 million...

The contract was awarded by the Angolan National Oil Company, Sonangol...

The aim of the project is to generate structural and related interpretations for the geological basins of Angola...

The work is due to start immediately and the Company anticipates that most of the income will be recognised in the current financial year. This is an excellent start to the year and gives confidence that the Company will meet the current year market forecasts.


This morning, that was 6.1p for the year. The shares have risen strongly off this but remain some way below their 100p+ price from the beginning of 2014.

Note also that with the strong pound, that $5m contract converts to 'just' £3.1m against a market cap of £17m. Still impressive.

Second up is telecom firm Maintel Holdings (LON:MAI). The company is one of those with a great five year record of successive sales, EPS and dividend increases. Sunshine as far as I could see in this morning's announcement.
http://www.investegate.co.uk/maintel-holdings-plc--mai-/rns/interim-results-for-the-six-months-to-30-june-2014/201409080700070088R/


Group revenue up 52% to £20.7m (H1 2013 - £13.6m), reflecting 3% organic growth in the core business and a robust contribution from Datapoint

Adjusted profit before tax[1] up 21% at £2.9m (H1 2013 - £2.4m)

Adjusted earnings per share[2] up 24% at 21.0p (H1 2013 - 16.9p)

Robust cash performance with period end cash of £1.0m and £2.3m debt, the latter down £0.5m from year end

Interim dividend proposed of 9.3p per share (H1 2013 - 6.7p), an increase of 39% year on year


while the organic performance of the business is somewhat lacklustre, management has proved itself with what looks a very successful acquisition. According to Stockopedia data, the shares trade on a 2014 P/E of just 11 with the prospect of a 4.0% yield.

AIM Prospector covered Maintel Holdings (LON:MAI) in the March edition here:
http://issuu.com/aimprospector/docs/aimprospector_201403/c/s8p6py2

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