The deal is the first in-building cellular contract of this scale in the UK and highlights Coms’ ability to cross-sell, with the client being an existing customer of the business. It also highlights the potential of the technology over the medium-to-long term, with Coms being well-placed to benefit from the continued requirement for faster download speeds and better reception across the UK’s main business areas.

Although Coms remains a relatively high-risk play, it appears to be moving in the right direction. And with it having a net cash position and a new strategy, it could be worth buying for less risk-averse investors due to the potential for a further 20% upside.

Imagining a brighter future?

At the other end of the performance spectrum are shares in Imagination Technologies (LSE: IMG). They’ve fallen by 35% in the last six months following a profit warning, although investor sentiment is on the up. This is evidenced by their rise of 33% in the last month.

Looking ahead, Imagination Tech has considerable turnaround potential following its announcement that it expects to make a loss in the current financial year. It has already decided to dispose of its consumer electronics business, Pure, and will implement a major restructuring as it seeks to reduce operating costs by as much as £15m. And with a major review set to report later this year, its business model could rapidly change and improve, with a new strategy likely once a new permanent CEO is found.

With such major changes ongoing, Imagination Tech is a relatively risky buy at the moment. As such, and while it has a bright long-term future, it may be prudent to await more information regarding its turnaround plans before buying a slice of it.

Ready for take-off

Meanwhile, Aviva (LSE: AV) has the potential to deliver returns above and beyond 20% over the medium-to-long term. It continues to trade at a considerable discount to the wider index and while there’s a risk that its combination with Friends Life will be less successful than envisaged, the reality is that the merger is on track to deliver vast synergies and is set to create a dominant life insurance provider.

This doesn’t appear to be reflected in Aviva’s valuation, with the company’s shares trading on a price-to-earnings (P/E) ratio of 8.7. If they were to trade 20% higher, they would still have a rating of just 10.4, which indicates that there’s much more than 20% of capital gains in the pipeline for Aviva. And with the company’s shares having a yield of 5.6%, they offer excellent income prospects. This could be the catalyst to push them higher, as well as continued success with the recent merger.

The post Are Aviva plc, Coms plc And Imagination Technologies Group plc Capable Of 20%+ Returns? appeared first on The Twelfth Magpie.

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Peter Stephens owns shares of Aviva. The Motley Fool UK owns shares of Imagination Technologies. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

Shares in Acacia Mining (LSE: ACA) have tumbled by as much as 9% today after it released a disappointing set of full-year results for 2015. The company posted a pre-tax loss of $124.2m in 2015, which represents a major decline from the pre-tax profit of $115.2m which was recorded in 2014.

The gold and copper miner booked a significant amount of impairments and they contributed heavily to the fall in profitability, while a decline in revenue was also a key cause of the red bottom line. Furthermore, an increase in costs caused even more pressure to be put on Acacia’s margins.

Despite this, Acacia has decided to maintain its dividend at the same level as in 2014. While this is reassuring for investors, 2015 was clearly a tough year for the business. Even so, Acacia remains confident in its outlook and plans to increase production in 2016, as well as reduce costs in the coming months. And with it forecast to return to profit this year and its shares trading on a forward price to earnings (P/E) ratio of 13.3, now could be a good time to buy it for the long run.

Positive news

Also releasing an update today was Sound Energy (LSE: SOU), with the oil and gas exploration company announcing that all of the required contracts have now been awarded to allow the first well to be drilled at the Tendrara licence area in Morocco. This means that civil works on site at Tendrara have begun, which includes the upgrading of local infrastructure.

The contracts awarded include a binding rig contract with Saipem, with the National 110 UE traditional rig being prepared for mobilisation from Mauritania, which is expected to commence within the next couple of weeks. And with Schlumberger funding 80% of the capital expenditure for the first Tendrara appraisal well, Sound Energy is required to fund only the remainder, with the total cost of the well due to be £9.2m.

Clearly, today’s news is positive for investors in Sound Energy and with further news flow having the potential to be good, too, it could be worth keeping a close eye on the company following its 10% rise in the last month.

Shrewd move

Meanwhile, shares in infrastructure and smart building solutions company Coms (LSE: COMS) have soared by over 35% today following the release of its trading update. It has raised its guidance for the full-year to the end of January 2016, with continued robust trading within the core operating division, Redstone, being a key reason.

In fact, revenue and operating profit have both been significantly ahead of last year, with Coms having resolved the majority of legacy issues which were inherited by the current management team.

Clearly, the disposal of the loss-making telecoms business was a shrewd move and this allowed Coms to strengthen its balance sheet and reduce overheads. It has also invested in its Redstone business, and with a net cash balance of around £1m, it could be worth a closer look for less risk averse investors.

The post Are Coms plc, Sound Energy PLC And Acacia Mining PLC The Perfect Stocks For 2016? appeared first on The Twelfth Magpie.

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Peter Stephens has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.