Simon Thompson

"I will be keeping a close eye on the rhetoric emerging from the US Federal Reserve and Mr Bernanke. It would be foolish not to, given that we have had a taster of the volatility when investors think, rightly or wrongly, that the QE tap is going to be turned off"

'Interestingly, post last week's full-year results, the share price finally broke above the 67p level it had been trending at since early April. In my view, this sets a realistic possibility of the price making headway back to January's high of 92.5p. The fundamental case for investing certainly supports a higher share price'

'The comparative profit figure from the first half of 2012 is going to be well and truly smashed in five weeks' time when the company reports results. And that's before you factor in the profit growth expected in broker forecasts'

"The retracement in the share price has been more or less identical to other phases in the upmove over the past couple of years. Namely, the price peaks, falls back to the previous resistance level, tests it and then starts a new upmove to take out the previous peak. It's my firm view that the test phase is now over and that now is the time to buy."

'Even if we assume that the company only meets the conservative earnings estimate for 2013, then net of cash, the business is being rated on a modest PE ratio of 12, with all benefits from an exciting new product still to come'