Elektron profits power ahead as cash builds rapidly !

You dont want much yotd !

Well i make that 5 things you are asking for.

1. re-rated ....yes i think that will happen. Just need more proof EKT is on track and i dont doubt that.

2. 0.50p divi...i see no reason why 0.50p dividend could not be paid. So what the heck 0.45p or 0.50p still a hefty increase.

3. Buy backs....we all want an acquisition and the co wont overpay so no immediate acquisition suggest buy backs are a cert. How much i see no reason why the co could not buy back 500k of stock as a start as ron says.

4. An earning enhancing acquisition...we want that and the co want that. Lets hope somethig turns up. However dont be under any illusion EKT is going to grow with or without an acquisition. They have already created a new operation Elektron System Components...and new products are already in the market place. The management of Elektron are determined to grow the business with or without an acquisition. At little cost at that!

5. Good trading update. We know trading is up about 5% on the same time last year from the AGM statement. Since then Premier Farnell has updated the market on conditions for electronic components ie Europe good growth slightly better in the US and all clyinders firing in the far east ie double digit growth. That means from my standpoint Elektron will start the New year with sales on an upward path.

Soon be Christmas now and we shall have a very happy new year!