New contract for chreming group

LON:CHG - Chemring up 9% on the new of new contract with Kilgore Flare. Volume up 500%
A good buy if the share doesn't gap up or down more than 4% tomorrow.

Earnings reports

Some shares with good earnings but lack volume...

Axis-Shield Interim Profits up +18% EPS up6.74p +136%

H & T Group Interim Profits up +28% EPS up 16.12p +48%

Admiral Group Interim Profits up +29% £ EPS ups 28.50p +4%

Aggreko Interim Profits up +23% EPS up 27.07p +58% (This had a breakout yesterday)

Hiscox Interim Profits up +42% EPS up 33.20p +53% - slowly drifting upwards...goes ex dividend next week

Share of Interest

Heritage Oil (HOIL)

..major discovery in the Kurdistan region of Iraq...

Share on the rise. Oil sector is generally on rise on rising oil prices.

Share of interest...

ISAT:

Profits up 23% in last quarter.

Recommendation from Goldman sachs . Has rised 7% on Friday after the recommendation.

May go up 20 to 30% from her....

Rally so far..

In last 6 weeks, market have risen more than 25%. There is still debate about where this is a bull market or whether this is a bear market rally. People who got in early in this rally have made some heatlthy profits. Miners and finance sectors have seen the biggest gain.

There is still some steam in this market. However some correction might be around the corner which is good for this rally. Some correctin will help for the next leg of rally...

Ridge Mining

..rally on bid news from AQP....both seems a buy after some pullback.

M&A SAATCHI

Earnings breakout.

Advertising agency M&C Saatchi posted an annual profit of £14.1m, up 14% from the year before and said trading for the first three months of 2009 was in line with company expectations.