Good morning! I'm surprised to see investors putting more money into Digital Barriers (LON:DGB). It looks a basket case to me, based on the terrible historic figures, and poor quality acquisitions (in my opinion). Yet somehow they've managed to sustain a £75m market cap, despite years of losses, and forecasts that can't even stretch to breakeven for the year-ending 31 Mar 2015. They're raising another £18m at 140p per share. The Directors are putting up £413k of their own money, but I'd be very surprised if anyone else putting money into this Placing is using their own money. Career risk, and all that.

 

 

Anite (LON:AIE) has put out another profit warning. The market cap was £338m yesterday, so that's more a mid cap to me, but at this rate it'll be a small cap - looks like a nasty one, as the shares are down 32% to 76p. I'm not sure what they do - something to do with mobile handset testing, and travel. If I hear the word "solutions" more than once in a company description, I just switch off.

 

 

 

I am intrigued as to why shares in Vianet (LON:VNET) suddenly opened up this morning, on no news from the company, and are now up 8% at 76.5p. In situations like this, I always turn to "The Publican's Morning Advertiser", which is renowned for keeping its finger on the pulse. They have some interesting news about something Vince Cable said last night, about the proposed Statutory Code, and this seems to be moving in the right direction, possibly, for Vianet. See this article.

 

 

 

NetPlay TV (LON:NPT) has issued a positive-sounding trading update. Actually, I haven't read it yet, so was just assuming it was positive, as they always are. Let's have a quick read ... yup it's all good, and they are confident of meeting full year expectations.

What they're not so keen to talk about is the potentially major impact on profitability from changes in taxation of online gaming companies. Worth looking at the Director selling of shares too, over £3m chips cashed in over the last 12 months, which…

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