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Proactive Mid & Small round-up - Fastjet flies as December performance impresses

Last updated: 08:30 17 Jan 2015 GMT, First published: 09:30 17 Jan 2015 GMT

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Fastjet’s (LON:FJET) near 100% rally shows crude oil’s collapse is not all bad news for small cap investors.

The Africa focused budget airline that numbers easyjet founder Sir Stelios Haji-Ioannou among its backers, was one of the winners as fuel prices helped the company to its first monthly profit.

It is a little over two years since the airline was formed and after its fair share of turbulence some positive stats for December promise a turning point.

Fox Marble (LON:FOX) has landed an order with the prestige homes division of UK house builder Berkeley, which will see 900 square metres of polished slabs used in 50 apartments in the Chelsea Creek development in London.

The marble will come from the company’s quarries in Kosovo and the order is expected to be delivered in February.

Wood chip firm Active Energy (LON:AEG) was in the spotlight as it secured two significant, high-volume supply contracts, which will see a total of 600,000 tonnes of woodchip sold to a Turkish MDF manufacturer.

Drug researcher Clinigen (LON:CLIN) said it performed strongly in the first half of its financial year as its clinical trials supply business cemented its place as a global-leader in the sector. 

The specialty pharma group’s trading has also been boosted by the contribution from new additions to the portfolio, and two in particular: oncology products Savene and Ethyol. Clinigen said the financials were in line with expectations, leaving the business on track to meet full-year forecasts.

Servision (LON:SEV), the Israel-based technology firm, is eyeing up more contract wins after bagging its first deal in Kazakhstan where it will supply its on-board transport CCTV for buses in the country’s capital.

Technology investor Tekcapital (LON:TEK) notched up three more multinationals - including an unnamed listed Japanese pharmaceutical - to its client roster and said negotiations are continuing with a number of other customers worldwide.

Blur (LON:BLUR), the s-commerce group, said 2014 results should be in line with market expectations, and revealed a significant new project had been placed on its business services platform with a projected value of around US$17mln over a four-year period. The campaign is for a new customer seeking to raise sponsorship and investment for an independent cycling team.

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