Last week I saw the Richemont announcement (this company will definitely benefit from a richer middle class globally) Richemont and EPFL to create a new academic chair, it was exactly what I thought. Machine precision parts for timepieces (watches) to continue to supply a fast growing market. You cannot compromise on the quality and if machines and technology can help to manufacture the parts to make a perfect piece every time, I think that is what the consumer wants, not so? And in this case it is the use of new materials to make the high end purchases more profitable and importantly more precise. This is good news for shareholders in a pretty low key announcement, the next very high key announcement is in 10 days time, with the annual results next Wednesday. I am going to say now that I am very excited!