MrC's Smallcap Sweeps for Nov 2018

[MrContrarian]

Smallcap Sweep. 01-Nov-18
Earthport previous losses restated up.

Elektron Technology (EKT) Q3 rev up 17%. Guides FY significantly ahead of market expectations.
Zotefoams (ZTF) Q3 strong. Guides FY slightly ahead of consensus market expectations.
Biome Technologies (BIOM) Q3 rev up 73% cf H1 47%. Expects this momentum to continue for the remainder of the year. No other guidance.
Quarto Group (QRT) $13m loans from shareholders and a related company, repayable by August 2020. Will be used to reduce bank debt and to provide additional working capital.
Earthport (EPO) New CEO and CFO find previous losses understated by £6.3m total due to errors in the treatment of forward foreign exchange contracts. Cash not affected.
Carpetshite (CPR) trading slightly better.
Patisserie Valerie (CAKE) Last night David Scott refuted quotes attributed to him in Sunday Times as looking at bidding for CAKE. "I have no interest in making an offer for or acquiring shares in Patisserie Valerie or any related companies."


Notes (do not rely on the data)
EKT: Price=36.78. Cap=68m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Elektron Technology designs, manufactures and markets products that connect, monitor and control. Its segments include Bulgin, Checkit and Instrumentation, Monitoring and Control (IMC).
ZTF: Price=548. Cap=261m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Zotefoams is engaged in manufacturing of polymer foam using bespoke autoclave technology to produce foams with unique attributes. Its block foams are sold under the AZOTE and ZOTEK brand names.
BIOM: Price=625. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Biome Technologies is an innovator and supplier of biodegradable natural polymers. The company operates in two segments, Bioplastics Division producing bio-degradable products and the Radio Frequency Division designing Radio Frequency furnaces.
QRT: Price=68. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Quarto Group (The) Inc is a book publisher. It caters to all sections of readers with its inspirational, educational, creative and entertainment based titles.
EPO: Price=7.9. Cap=48m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Earthport is engaged in providing cross-border payment services to business enterprises and banks through the combination of a network of segregated bank accounts.
CPR: Price=18.65. Cap=57m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Carpetright and its subsidiaries are retailer of floorcoverings and beds in UK and Rest of Europe.
CAKE: Price=429.5. Cap=581m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Patisserie Holdings operates cafes and casual diners across the UK. It offers hot and cold drinks cakes, pastries, snacks and other food items at its outlets.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

read it first on Twitter

[MrContrarian]

Smallcap Sweep. 02-Nov-18
Parity predicts precipitate profit plunge

Parity Group (PTY) H1 rev off 5%, but adj pretax up 28%. Outlook "Whilst market conditions remain challenging, we believe that as our new product configurations and more competitive pricing take hold, the business will continue to stabilise and in time return to growth." A warning?
System1 Group (SYS1) H1 rev off 5%, but adj pretax up 28%. Outlook "Whilst market conditions remain challenging, we believe that as our new product configurations and more competitive pricing take hold, the business will continue to stabilise and in time return to growth." A warning?
ProPhotonix (PPIX) guides FY rev down 10%, loss $2m. Blames one customer delaying a product, another large customer rev will fall 46% due to an excess of components supplied by PPIX plus slow sales of new PPIX products, or if you like MBA BS, "taken longer than anticipated to gain market traction". Bob Marley Outlook - we're jammin' tomorrow.


Notes (do not rely on the data)
PTY: Price=9.7. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Parity Group is a services company providing professional recruitment, IT solutions and people development services from its offices in London, Manchester, Edinburgh and Belfast.
SYS1: Price=187.5. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
System1 Group provides online market research services. Its flagship services include System1 Ad Testing and Brand Tracking. It operates in the US, United Kingdom, Continental Europe, Asia, Brazil and Australia.
PPIX: Price=6. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ProPhotonix is an independent designer and manufacturer of LED systems, and a manufacturer of laser modules and a distributor of laser diodes.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Wrong text for Parity:

Parity warns H2 will be only breakeven. Extension on large PCS division contract remains delayed and it is anticipated that scope will be reduced if approved. Will restructure PCS division, cost £300k-400k. Brave face stmt: "The actions taken in the short-term to restructure the Consultancy business make us more targeted and relevant to client needs."

[MrContrarian]

Smallcap Sweep. 05-Nov-18
Mysquar off to abattoir?

IDOX (IDOX) sells lame dog for a quid. The digital division lost £3.2m in 2017.
WANdisco (WAND) wins $1m sale from existing China client.
Velocity Composites (VEL) sacked COE Jon Bridges and co-founders Gerard Johnson and Christopher Banks demand board changes including reinstatement of Bridges.
Mysquar Limited (MYSQ) suspended - looks like $1m has gone missing. Supercrock.
Symphony Environment (SYM) Says "Judge finds case for oxo-biodegradable tech proven". Misleading. A QC and ex-judge hired by SYM says the scientific case for oxo-biodegradable technology to be "clear and compelling".
CAP-XX (CPX) raises £1.75m at 8.5p, an 8% discount.


Notes (do not rely on the data)
IDOX: Price=34.7. Cap=143m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IDOX is a provider of application to the United Kingdom local government related to land, people and property. In addition, it provides software solutions to the public and private sector.
WAND: Price=390. Cap=163m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wandisco provides collaboration software to software development industry. It offers Active Data Replication, a patented technology that enables replication of continuously changing data to the cloud and on-premises data centres; and WANdisco Fusion.
VEL: Price=30. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Velocity Composites is a manufacturer of advanced carbon fibre and ancillary material kits for use in the production of aircraft. It offers structural material kits, engineering vacuum bag material kits, and process optimisation products.
MYSQ: Price=0.29. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MySQUAR is engaged in designing, developing and commercializing Myanmar- focused internet-based mobile services, mobile messaging applications including social networks, digital content, mobile gaming.
SYM: Price=8. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Symphony Environmental Technologies develops and markets environmental plastic products. The company also supplies other flexible polythene and related conventional products. Its products include d2w, d2Detector, d2p, and d2t.
CPX: Price=9.25. Cap=28m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CAP-XX is engaged in manufacturing and selling of super capacitors, used in portable electronic devices and automotive applications.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 06-Nov-18


Hydrogen Group (HYDG) guides FY profit ahead of market expectations.
Proteome Sciences (PRM) guides FY rev only flat YoY due to the time taken to execute orders.
Pebble Beach (PEB) A couple of £1m orders.


Notes (do not rely on the data)
HYDG: Price=50.7. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hydrogen Group provides mid to senior level specialist professional recruitment services. It offers both permanent & contract specialist recruitment for large & medium sized organisations in technology, finance, professional & engineering sectors.
PRM: Price=3.99. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Proteome Sciences is protein biomarker research and development. The company uses high sensitivity proprietary techniques to detect and characterize differentially expressed proteins in diseases for prognostic and therapeutic applications.
PEB: Price=4.05. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Pebble Beach Systems Group is a broadcast automation company. Its products include Marina, Marina Lite, Dolphin, Orca and Stingray.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 07-Nov-18


Best Of The Best (BOTB) H1 tracking ahead of market expectations for the FY. Revenues are now almost entirely attributable to online sales, with only one physical site remaining at Birmingham Airport. Notes Remote Gaming Duty inc from 15 to 21% from 1 October 2019 and will be taking steps to minimise the impact.
Sportech (SPO) warns certain expected sales contracts unlikely to be secured in 2018, adj EBITDA, excluding Sports Betting investments, will likely be 5% to 10% lower than market expectation of £8.5m.
Benchmark (BMK) guides FY rev over £150m, adj EBITDA above £16.5m, ahead of market expectations. Market conditions in core salmon and shrimp markets remain favourable and the outlook is positive,
Big Sofa Technologies (BST) Chief Commercial Officer becomes CEO. Old one becomes NED.
Fulham Shore (FUL) H1 trading: rev and customer numbers across both of our restaurant businesses ahead YoY. Well, I should think so with F/C FY rev up 48% as they open new sites. No numbers so a positive sounding but useless RNS


Notes (do not rely on the data)
BOTB: Price=210. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Best of the Best is a luxury car competition operator. The company is engaged in organizing various competitions including supercar competition displayed in the retail space within airport terminals, at shopping centers and online.
SPO: Price=53.25. Cap=101m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sportech is engaged in pools betting, both B2B & B2C, and supply of wagering technology solutions.
BMK: Price=62. Cap=337m. F/C for current FY*: EPS= 0.61, Prospective PE= 101.6, Revenue=NA.
Benchmark Holdings is a drug manufacturer in the United Kingdom. The company caters particularly aquaculture industry with its products such as animal health vaccines, medicines, biocides and diagnostics.
BST: Price=2.6. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Big Sofa Technologies is a business to business technology company that provides video analytics serving both brand owners and market research agencies.
FUL: Price=10.61. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fulham Shore (The) is engaged in the operation and management of restaurants. It's only one geographical area is United Kingdom.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 08-Nov-18


Akers Biosciences (AKR) Yet more buffoonery. Suspends shares allegedly due to a consolidation: "The Company is completing the necessary work streams for admission to AIM of the consolidated common shares. This work is expected to take approximately five to seven business days to complete." Never seen that before. As Ami Winehouse said, what kind of f***ery is this?


Notes (do not rely on the data)
AKR: Price=1443.2. Cap=1894m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Akers Biosciences is engaged in the development and sale of disposable diagnostic testing device. The Company develops, manufactures, and supplies rapid, point-of-care screening and testing products.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 09-Nov-18
Graphene sales, funding slip at Haydale.

Farcejet (FJET) eeking out the pennies in November. Still no agreement from creditors or shareholders for funding.
AO World (AO.) buys online mobile shop Mobile Phones Direct for £38.1m (plus interest): £20.9m (plus interest) in cash and balance in shares. A step away from its core.
Volex (VLX) H1 rev up 13%, U/L EPS up 35%. Guides FY slightly ahead of market expectations.
MySQUAR (MYSQ) NEDs discover that £900k was paid out to either third parties or former directors without Board approval. Nomad resigns.
Haydale Graphene (HAYD) slippages. Fails to get lease finance for new equipment, needs short to medium term funds. Also slow sales (or in 20 words of PR drivel "continuing to experience extended lead-times from its customers in their adoption of the Group's next generation products in commercial quantities") has forced cost-cutting. £1m PA shaved off Selling, General and Administrative Expenses.


Notes (do not rely on the data)
FJET: Price=1.74. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
FastJet provides airline services. It is a holding company for a low-cost airline which operates flights under the fastjet brand in Tanzania using a fleet of three Airbus A319 aircraft.
AO.: Price=135. Cap=619m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AO World is an online retailer of domestic appliances. The Company sources, sells and delivers domestic appliances, including washing machines, and washer dryers as well as small domestic appliances including vacuums, and floor cleaners.
VLX: Price=85.1. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Volex is a supplier of power and data cabling solutions. The Company offers its products to consumer electronics, telecommunications, data centers, medical equipment and the automotive industry.
MYSQ: Price=0.29. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MySQUAR is engaged in designing, developing and commercializing Myanmar- focused internet-based mobile services, mobile messaging applications including social networks, digital content, mobile gaming.
HAYD: Price=23.9. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Haydale Graphene Industries is a UK based company engaged in the research and development, manufacturing and sale of patented scalable plasma process to functionalize graphene, and other nanomaterials.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 12-Nov-18
Another unpalatable offering from Frankie & Benny's + NED name of the year.

Transense Technologies (TRT) to supply 24 iTrack II mining tyre monitoring systems to a mine. on a subscription basis. What, the mine co won't even pay up front?
Mission Marketing (TMMG) sells BroadCare business for £4.4m. Profit was £0.5m PA.
Restaurant Group (RTN) huge rights issue (144% share expansion) at 108.5p, an absurd 57% discount for an underwritten issue. Needed to fund Wagamama takeover. How can the deal be so good that you'll issue new cap at less than half the SP, and 64% off the pre-takeover announcement?
Carr's Group (CARR) FY beat Board's expectations with rev up 17%, EPS up 69%. Current trading in line.
Northern Investors Company (NRI) FY NAV 222.7/sh, down 9.4p in H2. Will propose a members’ voluntary liquidation of the company. "We believe this will be the most cost-effective and tax-efficient way of completing the final stages of the portfolio run-off process and distributing the resulting funds to shareholders."
Warehouse REIT (WHR) Lackey recruited as NED. Lynette Lackey will chair audit committee.


Notes (do not rely on the data)
TRT: Price=42.5. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Transense Technologies develops non-contact batteryless sensors and their electronic interrogation systems for automotive and industrial applications. The firm with its subsidiary also provides tyre management solutions for the truck and OTR markets.
TMMG: Price=53.38. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mission Marketing Group (The) is a marketing communication company. The firm engages in providing marketing, advertising and business communications to national and international clients.
RTN: Price=251.8. Cap=506m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Restaurant Group (The) is an operator of restaurants and pub restaurants. Its trading brands are Frankie & Benny's, Chiquito and Coast to Coast.
CARR: Price=156. Cap=143m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Carr's Group along with its subsidiaries manufactures cereals and farm livestock products. The company operates through segments including Agriculture and Engineering.
NRI: Price=198. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
WHR: Price=97.5. Cap=162m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 13-Nov-18


Coral Products (CRU) Wins £800k order.
Cohort (CHRT) wins orders for €11m and £3.2m over 2 years and 18 months respectively.


Notes (do not rely on the data)
CRU: Price=10.65. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Coral Products manufactures plastic injection and extrusion molded products. The company also engages in the business of reselling and distributing food packaging products and household products mainly offering containers and molded products.
CHRT: Price=410. Cap=168m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cohort through its subsidiaries provides technology business services and products for the United Kingdom and international customers in defense and related markets. The company’s operating segments are MASS, MCL, SCS, and SEA.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[BobGe]

Smallcap Sweep. 12-Nov-18
Transense Technologies (TRT) to supply 24 iTrack II mining tyre monitoring systems to a mine. on a subscription basis. What, the mine co won't even pay up front?

In general, not, apparently. So that's the business model now.

[MrContrarian]

Smallcap Sweep. 14-Nov-18
Flybe sale, the whole lot.

Flybe Group (FLYB) yet another airline sale, of itself this time. Looking at "further capacity and cost saving measures, initiatives to strengthen the balance sheet and preserve cash resources, as well as a potential sale of the Company". Also H1 adj pretax £14m (£9.4m). Excluding the impact of the E195 onerous lease, adjusted pretax £9.9m (£9.2m, slightly ahead of guidance given in the October. Outlook: weak £ and higher fuel prices have driven up the cost per seat, softening of market growth. Despite this, bookings remain up.
Science in Sport (SIS) Buys PhD Nutrition for £32m. £29m placing at 60p, a 14% discount. PhD has rev of £20.8m and adjusted EBITDA of £2.8m PA.
Cambridge Cognition (COG) $750k contract over 1 year. It's the largest eCOA contract won.
Falanx Group (FLX) H1 rev £2.2m up 51%, slightly lower than mgmt expectations. Has regained strong momentum in existing business activities during H2.
Marshall Motor Holdings (MMH) better than anticipated trading during October 2018 and a more positive outlook for the remainder of the current financial year. Now guides continuing underlying FY pretax up YoY.
AB Dynamics (ABDP) FY rev up 51%, adj pretax up 45%, EPS up 74% to 36.29p but a miserly 10% FY div inc to 3.665p.


Notes (do not rely on the data)
FLYB: Price=11.7. Cap=25m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Flybe Group is a passenger airline company operating in UK, Europe and few other parts of the World. Along with passenger transportation, Flybe also offers allied aviation services as well as training programmes.
SIS: Price=69.11. Cap=47m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Science in Sport is engaged in developing, manufacturing and marketing sports nutrition products for professional athletes and sports enthusiasts. Its products are researched and developed by sports scientists along with international athletes.
COG: Price=107. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cambridge Cognition Holdings is a neuroscience digital health company specialising in the precise measurement of clinical outcomes in neurological disorders.
FLX: Price=2.92. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Falanx Group Ltd, through its subsidiaries, is engaged in providing international supply and installation of blast protection devices as well as providing security consultancy. It also provides international business intelligence consultancy.
MMH: Price=140. Cap=114m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Marshall Motor Holdings is engaged in the business of automotive retailing and leasing. The company through its franchise offering involves in the car and commercial vehicle sales, leasing, servicing of vehicles and associated activities.
ABDP: Price=1387.5. Cap=271m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AB Dynamics is engaged in designing and manufacturing test equipment for vehicle suspension, steering, noise and vibration. It also offers services including analysis, design, prototype manufacture, testing and development.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 15-Nov-18
Reviving Eve. New CEO looks wide awake.

Learning Technologies Group (LTG) buys remaining 70% of Watershed Systems. "Following strong progress in 2018, including the recent acquisition of PeopleFluent, LTG is also pleased to announce a new strategic goal to achieve run-rate revenues of £200 million and run-rate EBIT of at least £55 million by the end of 2021."
Eve Sleep (EVE) business review, trading update and planned fundraising. Guides FY rev in line or above revised expectations but 2019 below existing guidance. Blames "shift to building capabilities in customer experience and product range, whilst optimising marketing investment." New CEO aims at "Differentiated brand positioning; Expanded product range; and Lower friction customer experience". PTFE coated mattresses then? Plans to raise approximately £15m. Has received material levels of support from certain shareholders at a price 'significantly higher' than the current SP! New CEO must have put them to sleep and made hypnotic suggestions.
Integumen (SKIN) guides FY rev 2x or more YoY. "In just the last 3 months the improvement of the Labskin and STOER Skin Care divisions have been transformational."
Norcros (NXR) H1 rev up 12%, EPS 15.1p up 70%. Guides FY in lines. Pension deficit under IAS 19R is £28.8m down £19.2m in six months.


Notes (do not rely on the data)
LTG: Price=111. Cap=740m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Learning Technologies Group PLC, along with its subsidiaries, provides e-learning services and technologies to corporate and government clients. The company operates in one reportable segment: Production of Interactive Multimedia Programmes.
EVE: Price=15.5. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
eve Sleep is an e-commerce focused, direct to consumer European sleep brand which designs and sells eve branded mattresses and other sleep products, including pillows, sheets and duvets.
SKIN: Price=0.4. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Integumen is a personal health care company. It develops and commercializes technology and products for the human integumentary system that may improve physical appearance, hygiene and general health outcomes.
NXR: Price=226. Cap=181m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Norcros along with its subsidiaries is engaged in developing, manufacturing and marketing of home consumer products. The company offers showers, taps, bathroom accessories, tiles and adhesives in the United Kingdom and South Africa.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 16-Nov-18
TRAK driving with no visibility.

Trakm8 (TRAK) H1 and huge warning only 2 months after an in-line stmt. H1 re down 38% and adj EPS -4.94p (+2.15p). Guides FY rev down 20-25%.vs F/C +9%. Blames delays in decisions by customers, a move to a rental model in the automotive space, and the loss, due to sanctions, of a multi-million-pound contract for the supply of Insurance solutions into Iran. I thought everyone knew about Iran sanctions. Too busy to read the papers? Doesn't guide loss level.
Adept4 (AD4) guides FY rev flat, Trading Group EBITDA down at ~£0.6m.
STM Group (STM) CEO won't be charged by Gibraltar police in the matter of a client's tax dispute.


Notes (do not rely on the data)
TRAK: Price=65.75. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Trakm8 Holdings is a UK based Big Data company. The company through its subsidiaries is engaged in manufacturing, marketing, and distribution of vehicle telematics equipment and services.
AD4: Price=1.3. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
adept4 is engaged in the provision of continuing Information Technology services which has ongoing billing and support element. It also involved in the resale of solutions (hardware and software) from technology vendors.
STM: Price=55.5. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
STM Group is engaged in the financial services sector in the United Kingdom. The company provides a range of financial solutions such as pensions, corporate trustee service, insurance management and life assurance.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 19-Nov-18
MPL open offer. Do you feel lucky, punk?

Mercantile Ports and Logistics (MPL) [Late Friday] £27.75m placing and £2.07m open offer at 2p, a 2.5% discount. 235% dilution. Will be used to partially substitute undrawn banking facility, pay accrued bank interest and other outstanding liabilities, along with the continued construction and completion of the port. "Commercial operations are about to commence." Those who have been holding their breath dies long ago. MPL (nee SPL) IPO'd in 2010 at 250p and was fully funded to finish the port in 2013.
Kromek Group (KMK) wins five-year $7.8m baggage screening contract.
Pipehawk (PIP) FY rev down 16%, EPS -0.45p (+0.54p). Expected orders "not received until late in the financial year with consequent underutilisation of staff - and hence profitability. Nevertheless, as described below, since the third quarter the orders have flowed in and we are now extremely busy." No F/C.
Johnston Press (JPR) Entering administration somewhat understated as "Strategic Review Update - End of FSP (formal sale process)." Bondholders likely to buy it.


Notes (do not rely on the data)
MPL: Price=2. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mercantile Ports and Logistics develops, owns and operates port and logistics facilities in India. The Company's project is at Karanja Creek in the Raigad district of Maharashtra.
KMK: Price=23.69. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Kromek Group is the developer of radiation detectors based on cadmium zinc telluride, providing improved detection and characterisation capabilities within the medical imaging, nuclear detection, and security screening markets.
PIP: Price=5.63. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PipeHawk is engaged in the development, assembly and sale of test system solutions and ground probing radar (GPR) equipment; the provision of GPR based services and the undertaking of complementary Research and Development assignments.
JPR: Price=2.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Johnston Press engages in the multimedia business. The firm provides news and information services to the local and regional communities through various publications and websites. Its brands include Banbridge Leader, Banbury Guardian, and Belper News.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 20-Nov-18


ClearStar (CLSU) wins contracts worth $1m PA from 2019.
SRT Marine Systems (SRT) H1 broadly in line with rev up 10%, pretax -£1.3 million (-£1.8m [pre-exceptional]). That's slightly better than the H1 trading RNS in Oct. Jam tomorrow: "expect the second half to see significant systems deliverables from multiple contracts and associated revenues as well as a solid contribution from our transceivers business."
Bonmarche (BON) H1 in line. Outlook iffy: online good but "store LFLs have remained weak, and traditional autumn/winter categories have had a slow start to the season. Providing that sales during the key Black Friday through to Christmas trading period meet expectations, the Board maintains the [FY] guidance."
Ilika (IKA) finds supplier that can make its Stereax thin film solid-state cells. In PR-flannel, it's a "manufacturing partnership".


Notes (do not rely on the data)
CLSU: Price=53. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ClearStar is a technology and service provider to the background check industry. It supports background screening companies, employers and employees with their recruitment and employment application decisions.
SRT: Price=27.52. Cap=38m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SRT Marine Systems is engaged in development & supply of Automatic Identification System based maritime domain awareness technologies, derivative product & system solutions for use in maritime applications.
BON: Price=81.4. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Bonmarche Holdings is a women's fashion retailer. It sells stylish, premium quality clothing and accessories in a wide range of sizes to mature women via its own stores, website, mail order catalogues and through the Ideal World TV shopping channel.
IKA: Price=18.25. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ilika discovers and develops novel materials for mass market applications. It develops materials for corrosion resistant alloys, metal catalysts and hydrogen storage alloys.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 21-Nov-18


Augean (AUG) guides adj pretax materially ahead of market expectation.
HSS Hire Group (HSS) good Q3. Guides FY EBITDA to be marginally ahead of market expectations
Judges Scientific (JDG) guides FY EPS ahead of market expectations as increased in September.


Notes (do not rely on the data)
AUG: Price=41.1. Cap=50m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Augean provides hazardous waste management services. Its services include hazardous landfill and treatment services. Its management service covers the final disposal of hazardous & difficult waste streams.
HSS: Price=32.4. Cap=56m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
HSS Hire Group plc is a UK-based company engaged in the rentals industry. It primarily offers equipment on a rental basis to the construction, utilities and waste, infrastructure and energy services markets.
JDG: Price=2170. Cap=146m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Judges Scientific is engaged in designing, manufacturing and sale of scientific instruments.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 22-Nov-18
Bad news from 5 smallcaps in a bumper report.

FireAngel Safety Technology (FA.) FY trading. Another warning. Ongoing production mproblems has delayed supplies and added short-term costs. Also "core product sales within the Company's UK retail and German trade segments have only recently, during Q4 2018, recovered to acceptable levels." Brave face. Uninvestable.
Integumen (SKIN) Subscription and Placing to raise £355k at 0.44p, a 14% discount.
Juridica (JIL) proosed delisting to save money during fund wind-up.
PCI-PAL (PCIP) agrees to pay sacked CEO his contracted entitlements plus £100,100 in full and final settlement of all other claims.
Hornby (HRN) poor H1, current sales are behind budget. squeezing costs. H1 rev down 18%, U/L pretax -£3m (-£4.6m). "There is still a large amount of stock at retailers that was sold at aggressively discounted prices. Some of the large blocks of stock of "bread-and-butter" items that were sold represented more than a year's supply for our entire market." Brave face: "There are some incredible [really?] products in the pipeline that will finally get us back on the front foot and give us the ability to take back the market share that we have given away."
Veltyco Group (VLTY) continues to struggle with cash collection in the online financial trading marketing vertical, has reduced marketing activities in this vertical to zero. May write down receivables. Cash only €0.6m. "If the Company is unable to increase its overall cash position, its ability to provide the level of marketing spend to support the launch of its own regulated online financial trading brand...in December."
Mothercare (MTC) H1 adj pretax -£6.2m (-£2.6m). "UK like-for-like sales decline of 11.1%, reflecting wider market uncertainty and negative brand coverage in connection with the Group's refinancing." There's been no trading stmt for 4 months! Expects performance to remain volatile.
Ebiquity (EBQ) guides FY operating profit materially below current market expectations.
Wynnstay Group (WYN) guides FY profit head of market forecasts.
Redcentric (RCN) H1 rev down 8%. Reinstates div 0.4p. "Our contract win rates have been lower than expected and the quality of the new business pipeline has reduced. While our new sales director, Brendan Lynch, has made good initial progress in implementing the required changes, it is taking time to rebuild a high-quality sales function." Also "Health & Social Care Network contracts...not expected to deliver the anticipated revenues in the timeframe previously expected." What a load of waffle to say sales are slow.


Notes (do not rely on the data)
FA.: Price=31.8. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SKIN: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Integumen is a personal health care company. It develops and commercializes technology and products for the human integumentary system that may improve physical appearance, hygiene and general health outcomes.
JIL: Price=2.75. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PCIP: Price=24. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PCI-PAL provides secure payment services for business. It offers products and services that enable organisations to securely take customer payments, and safely store customer data from the threat of data loss and cybercrime.
HRN: Price=30. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hornby is engaged in the business of hobby and toy products. The company develops, designs, sources, and distributes hobby and toy products under brands such as Hornby RailRoad, Skaledale, and Heico Modell.
VLTY: Price=9.25. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Veltyco Group is a marketing firm engaged in the gaming, binary options, and lottery business. It enters into marketing agreements with platform operators mainly from British Virgin Islands and the Isle of Man.
MTC: Price=16.74. Cap=60m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mothercare is a global retailer of products for parents and young children. It offers a wide range of products including strollers, car seats, furniture, bedding, bathing equipment, clothing, footwear, and toys.
EBQ: Price=48.2. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ebiquity plc is a United Kingdom-based holding company. The company is engaged in providing independent marketing analytics and insights across the marketing and media landscape
WYN: Price=438. Cap=80m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wynnstay Group plc produces and supplies agricultural products. Its offers animal feeds, seeds and agricultural equipment to the farming community in the United Kingdom.
RCN: Price=78. Cap=116m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Redcentric provides information technology managed services to various industries and applications. The company's services offering includes application, collaboration, infrastructure, network, mobile and IT security services.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 23-Nov-18


Gateley (GTLY) H1 trading: rev up at least 20%. Guides FY rev at least £102m. F/C is £99m.


Notes (do not rely on the data)
GTLY: Price=149. Cap=165m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gateley (Holdings) is a full-service legal firm. It provides commercial legal service with complementary non-legal services which includes trustees to pension schemes and offering tax incentive advice.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 26-Nov-18


Medaphor Group (MED) placing and open offer at 8.5p, nil discount.
Seeing Machines (SEE) Aviation division wins small first order. Operator monitoring technology will initially be installed in two flight training simulators for the Australian Air Force. "This initial engagement will enable Seeing Machines to demonstrate its core capability."
Cohort (CHRT) wins Electronic Warfare Operational Support software and services contract worth £20m.
Fusion Antibodies (FAB) H1 poor as previously announced but strong recovery in order levels seen in October and November.
Sanderson Group (SND) FY rev up 49%, adj EPS 7.9p (6.4p), ahead of mkt expectations. Guides 2019 at least in line with market expectations.


Notes (do not rely on the data)
MED: Price=8.25. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MedaPhor Group plc is a holding company engaged in the development, marketing and distribution of ultrasound simulation devices for use in the training of medical professionals.
SEE: Price=4.6. Cap=104m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Seeing Machines provides operator monitoring and intervention sensing technologies and services for the automotive, mining, transport and aviation industries. It develops products to detect and manage driver fatigue and distraction.
CHRT: Price=402. Cap=166m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cohort through its subsidiaries provides technology business services and products for the United Kingdom and international customers in defense and related markets. The company’s operating segments are MASS, MCL, SCS, and SEA.
FAB: Price=60. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fusion Antibodies is engaged in the research, development and manufacturing of recombinant proteins and antibodies, particularly in the areas of cancer and infectious diseases.
SND: Price=86.45. Cap=51m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sanderson Group is a provider of software solutions and IT services, to the multi-channel retail and manufacturing sectors.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian