Updates

Ultra Electronics - Eps enhancing acquisition

February 2012

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Ultra has announced two US-based, eps enhancing acquisitions in the field of cyber security (electronic eavesdropping) for a combined US$115m. At a stroke, this more than doubles its exposure to fast-growing cyber related work to 20% group revenues. Larger of the two was the US$76.6m paid for Zu Industries, a Miami-based cyber surveillance business whose systems are built from two proprietary software products. These can process, store, filter and retrieve large amounts of communications data while they also boast a voice biometric technology to listen in on conversations of interest based on a match of voice samples against a large database of audio files. The smaller acquisition was Maryland-based SOTECH, which cost US$38 ...

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Big Yellow - Huge discount to NAV

Enquest

Ultra Electronics (October 2012)

Ultra Electronics - Goldman Sachs has Â£22 price target (May 2012)

Ultra Electronics - Goldmans have 1790p price target (October 2011)

Ultra Electronics - Swings into net cash (May 2011)

Ultra Electronics - Huge reduction in net debt (October 2010)

Ultra Electronics -Reassures on US, UK defence budgets (June 2010)

Ultra Electronics -Shares above Â£15 for first time (April 2010)

Ultra Electronics - Defence electronics firm boasts fabulous 13 year record (January 2010)

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