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More to come from Vislink

Vislink is on track to grow earnings by 40 per cent next year and hitting internal targets would imply at least another 50 per cent upside
October 29, 2013

Vislink (VLK), maker of high-tech broadcast and surveillance equipment, has shrugged off the loss of US government-funded work and is generating significant earnings growth. The share price has already rocketed 56 per cent since our buy tip (32p, 18 Jul 2013), but we're still confident it will eventually double.

IC TIP: Buy at 50p

New products will drive sales at the core broadcast division, but the real growth is in surveillance. Management wants to double profits there within the next year or two, and demand for their MSAT tri-band satellite system, loved by Special Forces and likely to gain accreditation in the US next year, suggests they might. Helping combat smugglers in the Amazon is a £200m market, too.