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Richard Buxton, head of UK equities at Schroders, is still rather gloomy: 'We continue to see plenty of medium-term opportunities within UK equities as the potential weakness in 2009 earnings already seems to have been more than discounted across many names.
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But a contraction could, in turn, provide a medium-term opportunity for marginal producers when Chinese demand starts to pick up again and, perhaps, some further unexpected reversals of fortune.
However, as new aircraft technologies can take a couple of decades or more to be rolled out across airlines' fleets, a "drop in", low-carbon alternative to traditional kerosene, requiring no technical modifications to aircraft or fuel systems, can provide a really useful short- to medium-term opportunity for the industry to reduce its emissions.
I see DVD and set-top boxes as a medium-term opportunity, but the real long-term growth opportunity for us is the DVR market," said Padval.
Spirent is a key beneficiary of the short-medium term opportunity in the development of 4G technology, while for the medium to longer-term it benefits from the broader development of connectivity, data and mobile computing.
After what it describes as this "limited" medium term opportunity, Juniper said it does expect a significant increase in shipments beyond the five-year period — driven by widening scope of applicability for 3D printers and the arrival of more established printing vendors into the space, namechecking the likes of HP, along with lower price-tags for the machines.
Therefore, despite the potential medium-term outsourcing opportunities, we remain cautious.
The company expects this to be more than offset by increased medium-term incremental opportunities.
Also, it seems that investments and interventions in these two areas can have medium-term significant impact on opportunity entrepreneurship.
But Premier Oil slipped 4.7p to 272.8p as Goldman Sachs moved from buy to neutral: While valuation remains relatively attractive, we forecast little medium-term growth and see better opportunities elsewhere in the sector.
On a medium-term view, we see a unique opportunity to mature the assets and return cash to shareholders (£0.7bn in 2016-17 or £1.1bn in 2017-18).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com