As promised here is the link to the Podcast Episode 255 on Sharepickers.com with Justin Waite in which I talked about PayPoint (PAY). This currently comes in at the top of the Compound Income Scores and features as the most recent purchase in the Mechanical Portfolio. Amongst other things some of the main points discussed were:

• The trading update
• Attractions of the business and the valuation 
• Discussion of the proposed disposal of the Mobile and On line payments business
• Possible Uses of the proceeds of the disposal and possibilities of a special dividend or return of capital
• Potential for an attractive entry point just below 900p if a gap is closed on the chart (see below)
  

Apologies for no post yesterday as there was not much news and I was preparing for and featuring in a Podcast. This was the ADVFN Podcast that I have mentioned in the past and which is hosted by Justin Waite. I talked about potential price targets in Matchtec (MTEC) which should have a year end update out next month and suggested Aberdeen Asset Management (ADN) as a contrarian recovery play if the Greeks should manage to agree a rescue deal this weekend prompting a relief rally in the market, perhaps.

If that is of any interest you can access the podcast here and my bit comes in at around 13 minutes 30 seconds. It was quite an interesting experience as I had been toying with the ideal of maybe doing some podcasts for the Compound Income site. So if you listen to it and think you might find something similar useful here in the future, then do let me know either in the comments or by getting in touch. If it seems like there is a demand for it I'll then see if I can work out how to do it!

Any way there is not much news around to day either so I don't have a lot else to say, but here we are another freaky Friday and an anxious wait to see the outcome of the latest Greek drama. Seems a bit odd to me as the government and the electorate seemed to say no to more austerity and supposedly therefore to staying in the Euro and here they are back with em - more austerity proposals to stay in the Euro, albeit they are also looking for some debt forgiveness in return. Thus the Euro project reminds me of that classic Eagles song - Hotel California (click link to listen).

"The pink champagne on ice
And she said "We are all just prisoners here, of our own device"
And in the master's chambers,
They gathered for the feast
They stab it with their steely knives,
But they just can't kill the beast

Last thing I remember, I was
Running for the door
I had to find the passage back
To the place I was before
"Relax, " said the night man,
"We are programmed to receive.
You can check-out any time you like,
But you can never leave! "

Seems to fit or you could try one of the Eagles lesser known tunes here which is also vaguely appropriate. So there you go, I've got to rock on as the garden, the test match and Wimbledon beckon today and I'm off to a concert at Kew Gardens over the weekend. So whatever you are up to this weekend, have a good one and lets hope we can enjoy some more Euro fudge next week before another Greek crisis in about three years presumably.

PS. The Scores have also been updated to last nights close.