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MrC's Smallcap Sweeps for Mar 2020

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MrC's Smallcap Sweeps for Mar 2020

#287956

Postby MrContrarian » March 2nd, 2020, 7:21 am

Smallcap Sweep. 02-Mar-20


Avon Rubber (AVON) framework contract to supply the U.S. Army with body protection plates. Avon Protection will compete for each order of the $265m contract over 4 years with initial orders expected in FY21.
Induction Healthcare (INHC) CEO becomes Chief Business Officer to focus more on buy-and-build strategy and corporate development. Bew CEO is current interim Head of Product/Development.



Notes (do not rely on the data)
AVON: Price=2730. Cap=847m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avon Rubber is engaged in protection and defence, material consultancy, fabrications and dairy industry. The group operates through the Protection and Defence and Dairy segments.
INHC: Price=90. Cap=27m. 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#287981

Postby dspp » March 2nd, 2020, 10:38 am

Moderator Message:
welcome to March, and thank you Mr C, regards, dspp

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Re: MrC's Smallcap Sweeps for Mar 2020

#288151

Postby MrContrarian » March 3rd, 2020, 7:42 am

Smallcap Sweep. 03-Mar-20


Iconic Labs (ICON) early signs of growth, co sets a target to at least cover all general and administrative costs during H2.
Boku (BOKU) Total Payment Volumes for Jan & Feb up 30%, slightly above mgmt plan. Higher growth in covir-19 regions. Confident of meeting FY market expectations.
Braemar Shipping (BMS) H2 approximately in line with market expectations. Wavespec had delays on the LNG storage technology and further delays with current projects tied to China. Outlook - shipping markets have seen significant falls in charter rates in 2020. Braemar expects covir-19 will have an effect on earnings in recent Q.
XP Power (XPP) FY rev up 2% (in line), orders up 8%. Adj EPS -16% cf F/C -12%. Outlook optimistic but "we are affected by certain external events, such as the impact the outbreak of the COVID-19 virus had on our supply chain. This introduces some caution into our outlook, but we remain encouraged by our healthy order book.”
CMC Markets (CMCX) guides FY net operating income ahead of market consensus of £200.6m.
Begbies Traynor (BEG) guides FY at least in line with expectations.
Live Company Group (LVCG) is encouraged with Bricklive progress. "Coronavirus has had a direct effect on operations in China and Asia, this has already been accounted for within our revenue targets. The majority of our activities in this region will occur in the second half of 2020 and the Board does not currently believe the Coronavirus will impact the overall performance of the Group,"
Norman Broadbent (NBB) opens Chester office to meet increased client demand.

In line: VTU, SBTX

Notes (do not rely on the data)
ICON: Price=0.05. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BOKU: Price=57.85. Cap=148m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Boku Inc is a carrier billing mobile payments company. The company's bank-grade payments technology allows consumers to charge purchases to their mobile phone bill.
BMS: Price=140. Cap=44m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Braemar Shipping Services offers technical and professional services to the shipping and marine industries. Its services include chartering, freight derivatives brokering, marine surveying and engineering services, and logistics services.
XPP: Price=3000. Cap=577m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
XP Power is a United Kingdom-based developer and manufacturer of critical power control components. The company provides power solutions, including alternating current (AC)-direct current (DC) power supplies and DC-DC converters.
CMCX: Price=153.6. Cap=444m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CMC Markets provides online and mobile trading services. Its core business is to provide online retail financial services and allows people to trade in various financial products of underlying assets such as forex markets, indices and treasuries.
BEG: Price=78. Cap=100m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Begbies Traynor Group is a professional services consultancy. It is engaged in providing professional advice and solutions in areas of corporate recovery, restructuring, corporate finance, risk consulting and forensic investigations.
LVCG: Price=15.9. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Live Co Group is engaged in live music and entertainment events. It operates through two segments Events, and Issuing licences.
NBB: Price=7.7. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Norman Broadbent is a provider of Talent Acquisition and Advisory Services, consisting of board and executive search, senior interim management, leadership consulting and assessment, and mezzanine level search.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#288379

Postby MrContrarian » March 4th, 2020, 7:34 am

Smallcap Sweep. 04-Mar-20
Intu nearly out of options

Intu Properties (INTU) has insufficient support for its massive equity raise. Brave face: co has "received several expressions of interest to explore alternative capital structures and asset disposals...will discuss to demonstrate the equity value of the business and to utilise its assets to provide further liquidity". Trading is robust. Valuations of portfolio at 31 Dec gave valuation deficit of £2bn, down 22% for the year. Co could breach covenants in July 2020.
PROACTIS (PHD) fomal sale process ends - "superior shareholder value will be achieved by focussing the Group's efforts on delivery of [our] strategy."
Nanoco (NANO) formal sale process: "no firm proposals that, in light of the current market environment, it believes would lead to an offer for the Company...discussions with certain these parties have now been terminated. The Company is continuing to engage with a number of parties to establish whether they are prepared to make such a proposal." Still seeking new funding.
PCI Pal (PCIP) H1 rev up 74%. But "timing of large contract wins and delivery of contracts contributing to a delay in anticipated revenue against market expectations for the year". Guides pretax loss slightly higher than market expectations.
Hostelworld (HSW) FY: EBITDA in line. WHat about profit? Covir-19 causing a material reduction in bookings and an increase in marketing cost as a percentage of net revenue. If near term trends persist to end March guides EBITDA hit €3m to €4m for Q1'20.

In line: MPAC, CAMB, FCRM, BVC

Notes (do not rely on the data)
INTU: Price=10.64. Cap=144m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Intu Properties is a real estate investment trust. The company owns and manages retail properties. The company’s portfolio includes shopping centres across the United Kingdom and Spain.
PHD: Price=46.15. Cap=44m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PROACTIS Holdings is a global spend management solution provider which creates, sells and maintains spend management software that enables organisations to streamline, control and monitor all expenditure, other than payroll.
NANO: Price=25. Cap=72m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nanoco Group is engaged in research, development and manufacturing of heavy-metal-free quantum dots and semiconductor nanoparticles in United Kingdom with the use of cadmium-free quantum dot (CFQD) technology.
PCIP: Price=40.25. Cap=17m. 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.
HSW: Price=105. Cap=100m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hostelworld Group is a hostel focused online booking platform. The company focuses on hostels and maintains a global hostel database and also other forms of budget accommodation available internationally.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#288620

Postby MrContrarian » March 5th, 2020, 7:40 am

Smallcap Sweep. 05-Mar-20
Events, dear, boy, events *

MyCelx (MYX) FY trading: slight rev miss at $11.9m vs $12.5m. Loss in line. Q1'20 - 3 orders worth over $2.4m. Guides rev at least level.
Aeorema Communications (AEO) Events co hit by covir-19. Events being delayed or cancelled. Guides FY below current market expectations.
Amigo (AMGO) schoolyard flight with a NED over formal sale process. "Notwithstanding the potential disruption to the Company's formal sale process and strategic review, the Company intends to continue with the process"
Hyve (HYVE) another events co takes covir-19 hit. Guides £16-18m profit hit due to postponements. F/C was £74m.
Zoetic (ZOE) new UK rules for ingestible CBD from next year may place co at an advantage to many of our competitors.
PureCircle (PURE) accounts investigation finds overstated stock value as expects but also overstated sales of $5.9m in 2018 and $2.2m in 2017.
IndigoVision (IND) FY rev up 9% to $50.2m, adj EPS 31.5c (-4.1c). Resumes div: 2p. Rev F/C was $52m though. Confident outlook.

* Harold Macmillan

Notes (do not rely on the data)
MYX: Price=54.05. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MyCelx Technologies Corp is a clean water technology company. The Company provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors.
AEO: Price=29.75. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Aeorema Communications is a live events company. It specializes in devising and delivering corporate communication solutions.
AMGO: Price=40.55. Cap=193m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
HYVE: Price=70.7. Cap=577m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ZOE: Price=9.37. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PURE: Price=131.2. Cap=241m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PureCircle produces and markets stevia ingredients with over 40 stevia-related patents. The company focuses on encouraging healthier diets by the supply of natural ingredients such as sweeteners and flavors to the global food and beverage industry.
IND: Price=189.8. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IndigoVision Group along with its subsidiaries designs and manufactures video security systems for large scale and complex security installations.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#288826

Postby MrContrarian » March 6th, 2020, 7:28 am

Smallcap Sweep. 06-Mar-20
ASH to ashes?

Ten Lifestyle Group (TENG) H2 trading - rev miss but adj EBITDA breakeven, in line with the Board's expectations. Covir-19 may impact near-term general marketing spend and initiatives, as well as the timing of client launches. Guides FY rev miss but operational efficiencies to mitigate the impact on adjusted EBITDA.
Ashley House (ASH) suspended as subsidiary F1 Modular unable to pay creditors, applies for administration. ASH still seeking funding.
Rurelec (RUR) received a further US $1.44m owed by Patagonia Energy. Possible (likely!) hit from Argentinia ruling that co will be linked to Peso not $, for gas turbines generation. Other rev unaffected.
Hawkwing (HNG) suspended as it has failed to make an RTO in time to eet cash shell rules.
Immedia (IME) wins IKEA contract extension.

In line: PCF

Notes (do not rely on the data)
TENG: Price=83. Cap=67m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ten Lifestyle Group offers online travel services. It operates a technology-enabled lifestyle and travel platform providing concierge services to private banks, retail banks, and premium payment cards providers.
ASH: Price=1.1. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ashley House is engaged in designing, construction management, consultancy and asset management services, working with providers of health and social care on infrastructure developments from project inception to completion of construction and beyond.
RUR: Price=0.57. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Rurelec is an owner, developer and operator of power generation capacity. Its current businesses include operational plants in Argentina, Chile and Peru.
HNG: Price=0.4. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IME: Price=20.25. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Immedia Group provides music and communications solutions helping companies in retail, banking, leisure and hospitality, energy, sport, tourism, and education achieving customer’s expectations by creating sensory content and marketing communications.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#289248

Postby MrContrarian » March 9th, 2020, 7:49 am

Smallcap Sweep. 09-Mar-20
Mind Gym grim

Open Orphan (ORPH) commenced development of the world's first commercial human coronavirus challenge study model, AKA Controlled Human Infection Model. Will use its quarantine clinic with onsite virology lab to test vaccines and anti-virals using non-fatal strains of coronavirus. I'm surprised that no one else is planning this and of course vaccines and treatments are being tested in actual populations with the actual covir-19.
SimiGon (SIM) guides FY rev down 3% and loss of $1.46m (loss $1m). Blames higher loss on inventory bump. Rose-tinted outlook.
Mind Gym (MIND) material impact on rev from COVID-19 as clients cancel sessions and reduce bookings. Guides FY rev up 10-15%, adj pretax £5.8m-£7.3m.
Venture Life (VLG) orders from China are exceeding expectations. Shipments to customers and supplies to its Lombardy factory from outside Lombardy will not be affected by the quarantine.
Wilmington (WIL) expects no material impact to it conference & events business from covir-19 but that might change. Has already delayed 2 US events.
OnTheMarket (OTMP) sacks its CEO. Waffly reasons. He is thanked. FY rev slightly avove pre £18.0m to £18.5m guidance and better than anticipated adjusted EBITDA.
Abcam (ABC) H1 rev up 11%, pretax up 23%. ~£3m revenue hit to date due to Covid-19 affecting China ops. Starting to see a return to normal operations there.
Tern (TERN) placing at 6p, a 23% discount.



Notes (do not rely on the data)
ORPH: Price=5.95. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SIM: Price=7.2. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SimiGon is a developer and supplier of modelling, simulation, and training solutions for defence and civilian applications. It offers SIMbox, a PC-based platform for creating, managing and deploying simulation-based content across multiple domains.
MIND: Price=153. Cap=152m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
VLG: Price=28. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Venture Life Group is an international consumer self-care company. The Company focuses on developing, manufacturing and commercializing products for the aging population. Venture generates most of its revenue from Europe.
WIL: Price=220. Cap=194m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wilmington is an information services provider offering education and networking capabilities to its clients. Key focus areas include Risk & Compliance, Finance, Legal and Insight.
OTMP: Price=69. Cap=49m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ABC: Price=1260. Cap=2597m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Abcam is a biotechnology company engaged in developing antibodies for life science research and clinical communities. It works on regulatory molecules and proteins in biological pathways to treat diseases like cancer and immune deficiency disorders.
TERN: Price=7.88. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tern is an investment company which focuses on investing in quoted or unquoted technology companies to achieve capital growth.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#289560

Postby MrContrarian » March 10th, 2020, 7:39 am

Smallcap Sweep. 10-Mar-20
Big order delayed at SRT

Fox Marble (FOX) guides FY rev flat. Covir-19 will hit this FY as a result of the prominence of China as a buyer of unprocessed marble and the travel restrictions imposed. Mixed update on production.
SRT Marine Systems (SRT) £65m of expected middle-east contracts delayed due to covir-19 response. Initial £14m now likely next FY. Guides FY £17.5m and pretax -£3.8m. SP off 30% in a month.
Tunsten (TUNG) guides FY rev below mgmt expectations but EBITDA in line.
Safestay (SSTY) material reduction in new bookings over the last week against expectations and growing number of group bookings from schools and colleges which have been cancelled or postponed due to covir-19.
DFS (DFS) H1 rev down 6% ad profit in line. "Our supply chain position should normalise before the financial year end, and it is only in very recent days that we have observed any change in consumer footfall to our showrooms."
French Connection (FCCN) FY rev down 11.4%, pretax loss £2.9m cf guidance only 6 weeks ago of £1-2m. Covir-19 will hit sales but less exposed than others due to licensing rev. "The initial reaction to the winter ranges has been positive." which CEO says every year w/o fail.
Urban Exposure (UEX) will liquidate, cancel listing and return ~73p/sh, 8p above Monday's close.

In line: STVG

Notes (do not rely on the data)
FOX: Price=2.5. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fox Marble Holdings plc is a dimension stone company focused on the extraction and processing of dimensional stone from quarries in Kosovo and South-East Europe.
SRT: Price=32. Cap=50m. 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.
TUNG: Price=23.5. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tungsten Corp and its subsidiaries provides e-Invoicing network that offers supply chain financing and spend analytics. It operates in three business segments: Tungsten Network, Tungsten Network Finance, and Corporate.
SSTY: Price=20. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Safestay is a UK-based owner and operator of hostel group. The company manages backpacker tourist hostels under the Safestay brand offering accommodation for school groups, young adults, and backpackers to families.
DFS: Price=209. Cap=445m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
FCCN: Price=17.13. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
French Connection Group is a retailer and wholesaler of fashion clothing and accessories which designs, produces and distributes branded fashion clothing for men and women.
UEX: Price=65.2. Cap=103m. 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#290018

Postby MrContrarian » March 12th, 2020, 7:26 am

Smallcap Sweep. 12-Mar-20
Intu the unknown

Carr's (CARR) guides FY significantly below mgmt expectations due to weak agricultural markets and delayed engineering contracts in Asia.
Novacyt (NCYT) covid-19 test sales booming.
Intu (INTU) grim as expected. "The decline in values in the second half of 2019 from the impact of yield and ERV movements suggests an acceleration towards the point where we believe valuations should start to stabilise." An acceleration? Is that supposed to be reassuring? "We will focus on placemaking, curating our space..." Oh please.

In line: TRAK

Notes (do not rely on the data)
CARR: Price=143. Cap=132m. 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.
NCYT: Price=107.5. Cap=82m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
INTU: Price=5.7. Cap=77m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Intu Properties is a real estate investment trust. The company owns and manages retail properties. The company’s portfolio includes shopping centres across the United Kingdom and Spain.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#290372

Postby MrContrarian » March 13th, 2020, 7:37 am

Smallcap Sweep. 13-Mar-20
Redx 200% premium poss offer

SAGA (SAGA) suspends cruises until May. £10m-£15m pretax hit. Related advance customer receipts for this period are £22m, some or most of which will be refunded. Co has significant available liquidity and £37m coming from 2 recent disposals.
Frontier IP (FIPP) a portfolio company The Vaccine Group starts work on developing a COVID-19 animal vaccine based on its novel technology. Hopes to prevent COVID-19 and related coronaviruses jumping from animals into humans. Very very early stage.
Redx Pharma (REDX) possible 15p offer as offerer comes back after talks ended 2 weeks ago. The SP fall from 9.3 to 5 may have something to do with it.
Norish (NSH) FY contains this "Notwithstanding disruption in shipments to China year to date, we believe that activity in our cold store division will return to anticipated levels over the balance of the year. The fundamental market opportunity of facilitating exports of protein to China remains intact."
Tribal Group (TRB) dispute with its platform provider fully ended with payment by TRB as guided. Signs new 10 year reseller agreement with the provider.

In line: DCTA

Notes (do not rely on the data)
SAGA: Price=15. Cap=168m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Saga offers general insurance products, package and cruise holidays, personal finance products, domiciliary care services and monthly subscription magazine.
FIPP: Price=61. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Frontier IP Group is engaged in the commercialization of intellectual property (IP) through providing advisory services and access to capital to universities and businesses, in order to accelerate growth.
REDX: Price=4.5. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Redx Pharma is principally engaged in drug discovery, pre-clinical development and licensing. It has an established portfolio of proprietary drug programs that it is developing alone and in partnership with pharmaceutical companies.
NSH: Price=84. Cap=25m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Norish is a warehousing company providing temperature controlled storage centres, each of which provides storage, freezing, picking, order assembly services to food companies engaged in processing, wholesaling and retailing.
TRB: Price=65. Cap=132m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tribal Group is engaged in providing proprietary software products and related services to support the business needs of education, learning and training providers.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#291112

Postby MrContrarian » March 16th, 2020, 7:54 am

Smallcap Sweep. 16-Mar-20
15 smallcaps covered

SThree (STEM) Q1 in line, but reads a little downbeat to me.
Gfinity (GFIN) weak start to H2 and slow progress on strategic partnerships. All live sporting and esports events.postponed. Cutting costs and focusing on three core areas. Will exit areas that are having a negative impact on cash, such as low margin tournament operations. Chmn & CEO kicked out.
Inspiration Healthcare (IHC) wins £1.25m ventilator order but fulfillment may be difficult.
Ashley (Laura) (ALY) recent trading ahead of management expectations. Covid-19 could hit future trading. MUI Asia considering providing of an additional £10m (equity?). Talks on £15m loan, needed by end March. Looking a bit toasty.
Novacyt (NCYT) gets £1m NHS order for COVID-19 test.
Toople (TOOP) wins 2 major contracts. Also hopes to win orders from the Budget broadband boost.
Big Sofa Technologies (BST) suspended as it failed to get placing away. Will explore options which may include a sale of the business.
RedT Energy (RED) unsupended on proposed merger with Avalon Battery Corporation. Placing & OO at 1.65p, a 53% premium to suspension price.
Transense Technology (TRT) further $1.2m (interest free!) working capital loan from Bridgestone to help fulfil orders.
Westminster Group (WSG) no hit to African ops from covid-19. Sold $720k of fever screening equipment and getting huge number of enquiries.
Cap XX (CPX) H1 rev up 21%. EBITDA loss down 21%, broadly in line with mgmt expectations.
Quadrise Fuels (QFI) MSAR pilot trial in Morocco delayed due to covid-19 restrictions.
Oxford Biodynamics (OBD) new CEO. Old CEO remains exec director
Time Out Group (TMO) temporarily closed the five Time Out Markets in Lisbon and the USA. CO will review its funding.

In line: IDOX

Notes (do not rely on the data)
STEM: Price=252. Cap=335m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GFIN: Price=0.83. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gfinity engages in the field of electronic sport (eSports) business. The company provides an online or live gaming platform to gamers from around the world. It manages an eSports arena in London and also provides online and offline gaming events.
IHC: Price=63.1. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Inspiration Healthcare Group supplies outcome improving medical devices in the areas of neonatal intensive care and patient warming. The company operates in three segments: Critical Care, Operating Theatre, and Home Healthcare.
Laura: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NCYT: Price=112.5. Cap=85m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
TOOP: Price=0.06. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Toople provides telecommunication services in UK. The Company's services include business broadband, fibre, EFM & Ethernet data services, business mobile phones, cloud PBX and SIP Trunking and traditional services.
BST: Price=2.53. Cap=5m. 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.
RED: Price=1.13. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RedT Energy and its subsidiaries develops and supplies durable & robust energy storage systems based on proprietary vanadium redox flow technology for on and off-grid applications.
TRT: Price=51. Cap=8m. 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.
WSG: Price=8. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Westminster Group together with its subsidiaries, designs, supplies and provides ongoing support for technology security, safety, fire and defence solutions to government and non-governmental agencies and blue chip commercial organisations.
CPX: Price=2.77. Cap=12m. 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.
QFI: Price=1.87. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Quadrise Fuels International is engaged in the manufacturing and marketing of emulsion fuel for use in power generation, industrial and marine diesel engines and steam generation applications.
OBD: Price=66. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Oxford BioDynamics is a biotechnology company. It is focused on the discovery and development of novel epigenetic biomarkers for use within the pharmaceutical and biotechnology industry.
TMO: Price=80. Cap=119m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Time Out Group is engaged in global media and entertainment business.It helps to discover, book and share what the world's cities have to offer. it is connected to multiple platforms comprising digital app, mobile, social and print media.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
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Re: MrC's Smallcap Sweeps for Mar 2020

#291467

Postby MrContrarian » March 17th, 2020, 7:51 am

Smallcap Sweep. 17-Mar-20
17 companies. IND takeover.

IndigoVision (IND) surprise for long-suffering holders - rec offer of 405p, a 128% premium!
ScS (SCS) delays full H1 to incorporate outlook due to change to Gov't covid policy. H1 trading in line: rev up 0.5%, U/L EPS (IAS) 2.3p (2.2p). U/L EPS (IFRS) -0.3p (no comparative). Recent 7 wk LFL orders up 3.3%.
City Pub Group (CPC) LF rev down 4.5% in recent 11 weeks. Covid: "confident the Company has sufficient working capital to maintain its operations for at least another six months without further capital, even in the event the Government extends its current guidance and mandates a temporary closure of all pubs and bars."
Low & Bonar (LWB)trading stll tough. If planned acquisition fails (due to EU competition non approval) co likely to fail covenant test end March.
Infrastructure India (IIP) Covid hitting port rev.
Best of the Best (BOTB) trading ahead of FY market guidance.
Stobart Group (STOB) guides FY miss due to contract delays in Rail & Civils. Southend airport hit by covid in this FY. Cutting costs but "additional liquidity is likely to be required and the Group is actively reviewing the most appropriate sources of funds to cover the period during which the airport is affected." Flybe collapse has also hit the group.
Tasty (TAST) Prelims in line. Outlook: "Despite the challenging and uncertain trading environment we hope 2020 will be a year in which trading will continue to improve." That's delusional.
PCI-PAL (PCIP) wins 2 year contract worth £565k PA.
Brighton Pier Group (PIER) H1 in line. Trading for February significantly impacted by storms. Covid will hit rev.
Shoe Zone (SHOE) deferring 8p fiv, will have GM to cancel it. "In recent days we have seen a reduction in footfall."
Litigation Capital Management (LIT) H1 adj EPS (6.61c) (4.31c). Co does not currently anticipate a negative impact of covid on the business.
Seeing Machines (SEE) Automotive outlook unchanged by covid. Fleet: expect "indecision on capital expenditure, as well as potential increased supply chain pressure which will reduce availability of vehicles for new installations, will likely have a significant impact on Guardian installation rates."
Equals Group (EQLS) well placed to mitigate the potential impact of COVID-19 on business continuity. Rev to end Feb up 33% but slowdown on travel cash and retail card revenues in the last week. Corp rev still OK.
Shield Therapeutics (STX) 4 March announcement should have made it clear that the study of co's iron deficiency drug did not achieve non-inferiority in both of the ITT and PP analyses. This is due to a mistake in the wording trial success requirement, allegedly that has just been spotted. Immediate independent review into the analysis of datasets.

In line: CTH, GOOD

Notes (do not rely on the data)
IND: Price=174. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IndigoVision Group along with its subsidiaries designs and manufactures video security systems for large scale and complex security installations.
SCS: Price=153. Cap=58m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ScS Group operates as a sofas, carpet and flooring retailer in the United Kingdom. The company focuses in fabric and leather sofas and sells an exclusive range of branded and ScS branded products.
CPC: Price=82. Cap=49m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
City Pub Group (The) owns and operates pubs in London, UK. The company's pub estate comprises free houses in London, cathedral cities and market towns.
LWB: Price=7.64. Cap=53m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Low & Bonar manufactures and supplies performance materials to create yarns, fibers, industrial and coated fabrics, and composite materials. The majority of the revenue is from selling coated fabrics to various industries.
IIP: Price=1.33. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BOTB: Price=370.6. Cap=35m. 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.
STOB: Price=38.5. Cap=144m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Stobart Group is an infrastructure and support services business. Its segments include Energy, Aviation, Rail, Investments and Infrastructure.
TAST: Price=2.6. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tasty is engaged in the operation of restaurants under the brands DimTs, Wildwoods and Wildwood Kitchens across the UK.
PCIP: Price=28.04. Cap=12m. 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.
PIER: Price=41. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Brighton Pier Group (The) is an operator of premium bars trading in major towns and cities across the UK. It consists of two divisions: The Brighton Marine Palace and Pier company and Eclectic Bars Limited.
SHOE: Price=99.74. Cap=50m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Shoe Zone is a UK based company operates as a footwear retailer. It offers low cost footwear with high quality in wide range and variety for all ages.
LIT: Price=41. Cap=47m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SEE: Price=1.95. Cap=66m. 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.
EQLS: Price=26.35. Cap=47m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
STX: Price=98.2. Cap=115m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Shield Therapeutics is focused on the development and commercialization of late-stage, hospital-focused pharmaceuticals. It is a specialty pharmaceutical company.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
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Re: MrC's Smallcap Sweeps for Mar 2020

#291851

Postby MrContrarian » March 18th, 2020, 7:52 am

Smallcap Sweep. 18-Mar-20
Mostly gloom. I can barely keep up.

Sosandar (SOS) warns sudden sales drop last week. Rev was up 203% in Q4 until then. Recent rev substantially weaker than expected with margins hit by increased customer incentives. Guides FY rev £9-9.3m and net loss £6.5-6.8m. Co will therefore substantially reduce its planned marketing spend in order to focus on repeat orders. No significant disruption to its manufacturing yet.
The Restaurant Group (RTN) sales were 4.5% up until recently. Now down 12.5% in recent 2 weeks, Guides material miss in H1. Models a 45% rev fall in H1, 5% in H2.
Connect Group (CNCT) trading robust but guides FY adj profit hit £2-2.5m.
Oxford Instruments (OXIG) cuts FY (end March) adj pretax guidance to £47m to £50m. Has net cash of over £50m.
Collagen Solutions (COS) guides FY loss materially greater than anticipated due to increased costs from a development and manufacturing contract which has taken longer than expected. Customers are delaying their investment decisions.
Gear4music (G4M) guides FY at least in line. Supply chains are currently operating as normal, has bought stock for several months sales, with additional stock on the way.
EVR (EVRH) 56% increase in average sales over last 7 days, expects trend of MelodyVR platform usage to continue. But expects a number of key events from pre-agreed and unannounced for 2020 to be postponed or reorganised. Halts MelodyVR push into Latin America and the Asia Pacific.
Revolution Bars (RBG) in very recent days has seen a decline in LFL rev. Expects trading to be very challenging for the foreseeable future. Net debt last week in line. Cutting costs.
Altitude Group (ALT) sells its UK based AdProducts for up to £0.8m. ALT trading in Jan and Feb strong although this has inevitably changed in recent weeks. No F/C.
Sureserve Group (SUR) AGM stmt. 1st few months of FY ahead of management expectations. Believes co well placed to continue to operate as normally as possible.
Air Partner (AIR) covid mixed effect, too early to judge FY impact - either positively or negatively - with any degree of certainty.
Sportech (SPO) very recent trading hit by postponment or cancellation sporting events. Co expects trading to continue to be materially impacted. No FY guidance.
Science In Sport (SIS) recent trading is in line. Sharply reduced revenue in Italy, China sales have recovered in March and co has received strong forward orders.
Tribal Group (TRB) expects existing projects to be delayed and award of new projects to be on hold. Sees significant financial impact. No numbers.
Cello Health (CLL) has currently not experienced any material client impact from covid. Client base dominated by clients which are traditionally less sensitive to short term changes in consumer behaviour.



Notes (do not rely on the data)
SOS: Price=11.39. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sosandar is an online women's wear brand specifically targeted at a generation of women who have graduated from younger online and high street brands, and are looking for affordable clothing with a premium, trend-led aesthetic.
RTN: Price=25.5. Cap=125m. 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.
CNCT: Price=13.25. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Connect Group is a distributor of newspaper, magazines and books. Its operating divisions include; News & Media, Books, Education & Care, and Parcel Freight. The majority of its revenues are generated through the newspaper business.
OXIG: Price=1004. Cap=577m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Oxford Instruments manufactures technology tools and systems which are used for scientific research, patient monitoring, semiconductor processing and diagnostic imaging. Its segments are Nanotechnology Tools, Industrial Products and Services.
COS: Price=1.95. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Collagen Solutions is a supplier, developer, and manufacturer of collagen-based biomaterials and medical devices, including tissue scaffolds for use in regenerative medicine. The company derives most of its revenue from North America.
G4M: Price=145.25. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gear4music (Holdings) is engaged in the online retailing of musical instruments and equipment. The company sells its own-brand musical instruments and music equipment alongside with other brands.
EVRH: Price=2.57. Cap=37m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
EVR Holdings is an investment holding company engaged in the creation of virtual reality content. The company also produces and distributes digital music content across the United Kingdom.
RBG: Price=23.08. Cap=12m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Revolution Bars Group is an operator of premium bars across the United Kingdom under the Revolution and Revolución de Cuba brands.
ALT: Price=20.45. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Altitude Group operates a technology and information business in the UK and across North America with a focus on serving the promotional merchandise, marketing services and print sectors.
SUR: Price=30.06. Cap=48m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AIR: Price=27. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Air Partner is an aviation charter specialist and an expert in safety consulting and training. The Company offer its services to corporate customers, governments, airlines, defense organizations and aviation authorities.
SPO: Price=20.7. Cap=39m. 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.
SIS: Price=32.5. Cap=40m. 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.
TRB: Price=55.73. Cap=113m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tribal Group is engaged in providing proprietary software products and related services to support the business needs of education, learning and training providers.
CLL: Price=110. Cap=117m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cello Group with its subsidiary company provides market research and direct communications services to its consumer. Its segments include Cello Health and Cello Signal.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
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Re: MrC's Smallcap Sweeps for Mar 2020

#292187

Postby MrContrarian » March 19th, 2020, 7:55 am

Smallcap Sweep. 19-Mar-20
No escape for Escape Hunt

4imprint (FOUR) may be shortages from domestic suppliers. Orders down 40% over last 3 days.
Escape Hunt (ESC) dramatically reduce costs, ceasing all development expenditure. Cash sufficient to sustain the business for several months.
Inland Homes (INL) trading in line. Current reservation rates resilient, with majority of sales being to first-time buyers. Selling prices are in line. Has plans to ensure the maintenance of operational continuity.
LoopUp (LOOP) FY is in line. Guides FY20 in line but still uncertainty.
discoverIE (DSCV) China: production returning to planned levels and suppliers recommenced operations. Sales to customers are returning to normal levels, with demand recovering quickly. Rest of group in line and demand remains robust. Has over £100m of headroom against debt facilities and gearing of 1.5x.
CML Microsystems (CML) guides H2 rev same as H1 and FY pretax substantially short of market expectations.
Aeorema Communications (AEO) As a result of the postponement of Cannes Lions Festival gudes FY pretax loss £150k-250k. Suspends forecasts.
Mirriad Advertising (MIRI) good progress in its key partnership with Tencent Video in China, with which it has a guaranteed revenue arrangement to Mar 2021. Steady progress in its partnership discussions with a number of leading global entertainment companies. Co well capitalised following £16.2m placing in July.
Safestyle UK (SFE) FY rev up 8% but U/L pretax miss at -£1.5m due to higher sped on lead generation. Deferring £3m marketing spend. Co "equipped to deal with the probable short-term adverse impact because of its improved net cash position." Net cash just £0.1m though.
UP Global Sourcing (UPGS) Production resilient but outlook uncertain. 90% of its China factories back to full production. Guides FY China production loss hit of £0.8m to rev. Co "started to receive indications from a small but growing number of its customers in both the UK and Europe that they intend to review, defer or put on hold orders that have already been placed." Also "some customers are delaying intake into their warehouses as they reallocate storage space for food and household essentials." So expects significan H2 rev miss. Comfident co has sufficient financial strength to trade its way through.
Batm Advanced Communications (BVC) partners with Novamed for at-home COVID-19 diagnostics kit, expected to be developed in 3-4 months. The needs certification.
Joules Group (JOUL) covid causing decline in store sales, which has significantly accelerated over recent days. Cancel inteim div. Has £16m cash headroom

In line: UKR

Notes (do not rely on the data)
FOUR: Price=1665. Cap=468m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
4imprint Group markets promotional products through online and offline direct marketing techniques. Its products include apparels, stationery, technologies and food stuff.
ESC: Price=2.98. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Escape Hunt is the provider of live escape the room experiences. The escape room is a physical adventure game in which players are locked in a themed room and have to find clues and solve puzzles in order to escape against a countdown clock.
INL: Price=32. Cap=66m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Inland Homes is engaged in the business of acquiring and developing residential and mixed use sites. It is focused on developing sites in the south and south east of England for residential and mixed use projects.
LOOP: Price=42.1. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LoopUp Group is a software-as-a-service provider of remote meetings. Its products LoopUp helips in conferencing solution for remote enterprise meetings.
DSCV: Price=390.5. Cap=346m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
discoverIE Group designs, manufactures and distributes customer specific electronic components and solutions. The company organizes its business operations into two divisions: Design and Manufacturing and Custom Distribution.
CML: Price=222. Cap=38m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CML Microsystems designs, manufactures and markets a range of semiconductors for global industrial and professional applications within the storage, wireless, and wireline communications market areas.
AEO: Price=18. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Aeorema Communications is a live events company. It specializes in devising and delivering corporate communication solutions.
MIRI: Price=5.5. Cap=12m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mirriad Advertising is a video advertising company. The company is engaged in the development of native in-video advertising. The main country of operation is the United Kingdom, but primarily in the United States, China and India.
SFE: Price=20.8. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Safestyle UK manufactures and installs replacement doors and windows. Its products include double glazed doors and windows which are marketed under the EcoDiamond brand.
UPGS: Price=31. Cap=25m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
UP Global Sourcing Holdings develops, designs, sources and distributes consumer products. The Company focused on six product categories including SDA, Housewares, Audio, Laundry, Heating & Cooling and Luggage.
BVC: Price=31.4. Cap=138m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BATM Advanced Communications is an Israel-based technology company. The principal activities include research and development, production and distribution of biomedical products as well as data and networking and cyber products.
JOUL: Price=40. Cap=36m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Joules Group is a UK-based lifestyle brand which designs and sells Joules branded lifestyle clothing, accessories and homeware.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
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Re: MrC's Smallcap Sweeps for Mar 2020

#292562

Postby MrContrarian » March 20th, 2020, 7:34 am

Smallcap Sweep. 20-Mar-20
CMC going gangbusters

Johnson Service Group (JSG) reduced demand from Hotels, Restaurant and Catering markets. Cutting sepnding. Debt leverage 1.3 vs covenant 3. Passing div.
CMC Markets (CMCX) recent trading is double the norm in both CFD and stockbroking. Systems remain robust.
Creo Medical (CREO) roll out of the Clinical Education Programme impacted by COVID-19. "Whilst initial revenues from the early uptake of Speedboat are likely to be lower in the short term, EBITDA and cash is likely to be better than expected due to savings as a result of the slow-down." Has plenty of cvash following fundraise.
U and I (UAI) planning and projects starts# dramatically exacerbated by the impact of Covid-19. Will miss lower end (£35m) of FY gains target.
Greencoat UK Wind (UKW) Portfolio generation to date in 2020 strong, ~20% ahead of budget and forward power prices for the remainder of 2020 are relatively stable. Will pay 7.1 div.
Inspiration Health (IHC) more orders for medical equipment and ventilators tot over £4m. Can they get the ventilators made though?
Tracsis (TRCS) expects parts of the Traffic & Data Services Division to be impacted by Covid-19 - events businesses SEP and CTM derive a significant amount of revenue from major UK based outdoor events. Also expects disruption to Traffic Data collection and Passenger Analytics scheduled over the coming weeks due to abnormal passenger numbers.
Foxtons (FOXT) anticipates material disruption to trading in the coming months. Co has fully drawn down its £5m revolving credit facility making available cash balance £21m. Will conserve cash. SP down 65% since crisis.



Notes (do not rely on the data)
JSG: Price=92. Cap=340m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Johnson Service Group and its subsidiaries provide textile-related services to businesses and consumers. It has two segments: Textile Rental and Dry-Cleaning. The company derives the majority of its revenue from the Textile Rental segment.
CMCX: Price=135. Cap=390m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CMC Markets provides online and mobile trading services. Its core business is to provide online retail financial services and allows people to trade in various financial products of underlying assets such as forex markets, indices and treasuries.
CREO: Price=96.26. Cap=152m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Creo Medical Group is a medical device company focused on surgical endoscopy. It has developed an electrosurgical platform that delivers microwave and bipolar radiofrequency.
UAI: Price=97.9. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
U and I Group is a property company. The company together with its subsidiaries is engaged in property investment and development, investment and trading.
UKW: Price=104. Cap=1579m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IHC: Price=63.4. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Inspiration Healthcare Group supplies outcome improving medical devices in the areas of neonatal intensive care and patient warming. The company operates in three segments: Critical Care, Operating Theatre, and Home Healthcare.
TRCS: Price=462. Cap=134m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tracsis is engaged in providing software products, consultancy services and delivering bespoke projects to solve a variety of problems within the transport and traffic sector. It offers rail technology and services, and traffic and data services.
FOXT: Price=32.45. Cap=89m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Foxtons Group is a London estate agency, offering residential property sales and lettings services through its Foxtons business.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
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Re: MrC's Smallcap Sweeps for Mar 2020

#293324

Postby MrContrarian » March 23rd, 2020, 7:58 am

Smallcap Sweep. 23-Mar-20
I can only mange 17 cos before 8am.

Byotrol (BYOT) very substantial increase in demand for the full range of our infection prevention and control technologies. FY expected to exceed previous guidance.
Zoo Digital (ZOO) guides FY rev up 4%, EBITDA at east $2.2m ($0.4m). Seeing higher levels of interest in our cloud-based localisation services. New titles are being significantly hampered but back-catalogues are getting attention. No guidance for FY21.
Time Out Group (TMO) FY trading: adj EBITDA in line. COVID-19 has had a significant effect on trading with the temporary closure of all six Time Out Markets and a slowing of advertising revenues.
Card Factory (CARD) demand slump. Cutting cists, passing div. Net debt £137.0m, £200m revolving credit facility.
Altitude Group (ALT) was expecting FY in line until recently. Withdrawing guidance. Cutting costs.
Electrocomponents (ECM) limited impact from COVID-19 on demand to 15 Mar then has worsened across last week. Guides FY to end March pretax near bottom end of consensus. Reviewing spending. Co has large covenant headroom.
Medica Group (MGP) early signs of a reduction in NightHawk cases of c.30% as people self-isolate (reduced A&E admission). Offering a pro bono 'pass through' service to enable their radiologists to report from home.
Brown (N) (BWNG) very significant and sudden reduction in customer demand in last week, down over 40% compared to expectations. Modelling shows need for amendments to covenants, changes in the way securitisation facility operates and potentially additional facilities. Co is increasing bad debt provision for FY to end Feb so adj pretax will miss guidance of £70m to £72m.
Moss Bros (MOSB) closing all shops. Has firm takeover offer anyway.
Hyve Group (HYVE) events co assuming larger level of postponments than anticipated at 5 March coronavirus update.
Speedy Hire (SDY) guides FY (end March) rev pre disposals up c.3.5%. Underlying business momentum positive but COVID-19 now hitting sales. Guides FY adj pretax slightly below consensus of £37m.
1Spatial (SPA) guides FY to end Jan in line. Seen little disruption in the day to day business in key territories. "Given our high level of recurring revenue, our strong backlog of contracted future revenue, and our software supporting mission critical operations at many of our customers, we believe our business to be well positioned to withstand this period."
NCC Group (NCC) had expected FY to end May in line. "Although the business is forecast to trade profitably through the month of March, the impact on revenues from cancelled or deferred projects over the next few months is difficult to assess." Withdrawing guidance.
NewRiver REIT (NRR) extensive scenario testing, factoring in the loss of income from its pub portfolio, confirms that co has significant covenant headroom and a capital structure that is well placed to absorb a prolonged period of uncertainty. Confident it will meet covenants for the next 12 months. Working with our insurers to claim for business disruption and for loss of rent. Note that retail portfolio was 70% of co's net rental income.
Novacyt (NCYT) emergency Use Authorization for its COVID-19 test in USA.
Tasty (TAST) with no debt it has sufficient financial resources for the foreseeable future.
Fireangel Safetytech (FA) guides FY20 (end Dec) in line. COVID-19 likely to impact FY rev up to £4m, mainly in Q2. Confident that some of this likely to be recovered and should fall into the higher margin H2. Does not make sense. A FY hit is a FY hit., and why would the same products give a higher margin in H2? Placing and OO at 12p, a 20% premium!



Notes (do not rely on the data)
BYOT: Price=3.58. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Byotrol is engaged in the development, patenting and sale of products based on microbial technology. Its operations are located in the United Kingdom and the United States of America.
ZOO: Price=40. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Zoo Digital Group provides cloud-based media production services and software to creative organisations, predominantly in the entertainment industry. It offers localisation and access services for audio-visual materials.
TMO: Price=50. Cap=78m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Time Out Group is engaged in global media and entertainment business.It helps to discover, book and share what the world's cities have to offer. it is connected to multiple platforms comprising digital app, mobile, social and print media.
CARD: Price=33.72. Cap=115m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Card Factory is a UK's specialist retailer of greeting cards, dressings and gifts. It focuses on the value and mid-market segments of the UK's large and resilient greeting cards market, & also offers small gifts and gift dressings.
ALT: Price=19. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Altitude Group operates a technology and information business in the UK and across North America with a focus on serving the promotional merchandise, marketing services and print sectors.
ECM: Price=471.6. Cap=2105m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Electrocomponents is engaged in the distribution of electronic supplies and services. Its products include semiconductors, interconnect, passives and electromechanical products, automation and control and other maintenance products.
MGP: Price=108.74. Cap=121m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Medica Group is a provider of teleradiology services. Teleradiology is the electronic transmission of radiological patient images, including plain film x-rays, Computerised Tomography scans and Magnetic, Resonance Imaging scans.
BWNG: Price=26.74. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Brown (N) Group is a direct home shopping retailing company. It offers clothing, household, footwear and electrical goods. It also provides financial services to its customers, which include flexible credit plans.
MOSB: Price=18.6. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Moss Bros Group along with its subsidiaries retails and hires formal wear for men, predominantly in the United Kingdom. It operates through Moss Bros branded mainstream stores.
HYVE: Price=22.55. Cap=184m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SDY: Price=46.7. Cap=246m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Speedy Hire is engaged in the provision of equipment for hire and sale, and associated services to construction, infrastructure, industry and related industries.
SPA: Price=14.89. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
1Spatial along with its subsidiaries is engaged in the development and sale of IT software along with related consultancy and support. The Company operates in segments including Geospatial and Cloud Services.
NCC: Price=144.2. Cap=401m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NCC Group provides information assurance software solutions to the transportation, finance, retail, Internet of Things, and oil and gas end markets.
NRR: Price=69.5. Cap=213m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NewRiver REIT is a real estate investment trust that invests in, manages, and develops retail and leisure properties. The company’s property portfolio consists of shopping centres, retail warehouses, and pubs across the United Kingdom.
NCYT: Price=122.5. Cap=106m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
TAST: Price=1.99. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tasty is engaged in the operation of restaurants under the brands DimTs, Wildwoods and Wildwood Kitchens across the UK.
end D: Price=NA. Cap=NA. 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.

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Re: MrC's Smallcap Sweeps for Mar 2020

#293609

Postby MrContrarian » March 24th, 2020, 7:50 am

Smallcap Sweep. 24-Mar-20


essensys (ESYS) trading in line. Limited direct impact to date from the Covid-19 but expects an increased level of uncertainty relating to the timing of delivery. "Strong liquidity with £1.7m of cash reserves, an undrawn revolving credit facility of £1.0m and capacity to cope with macroeconomic instability, if required."
Learning Technologies Group (LTG) FY19 profit and cash performance ahead of expectations with rev up 39%. Current trading in line. Postpones div and cutting costs.
Amigo Holdings (AMGO) pauses new lending activity, except to key workers in exceptional circumstances.
TruFin (TRU) remains capital constrained, may continue for the short to medium term, both as a result of COVID-19 and ongoing uncertainty amongst potential lenders concerning the intentions of TruFin's largest shareholder, Arrowgrass Master Fund which is winding up and may dump the shares.
YouGov (YOU) material impact so far from the COVID-19 but it may impact it may have on client budgets.
Gateley (GTLY) trading to end Feb in line with the mgmt expectations. Activity has reduced. Cancels div.
IQE (IQE) Q1 in line. Nno significant disruption to current production or order intake relating to coronavirus. Co "well placed to withstand the near-term market uncertainty."
Wynnstay (WYN) trading in first 4 months of FY subdued (due to weather, food prices) but has been broadly in line with management expectations. Asking Gov't if stores must close. Co has substantial headroom in banking facilities and broad spread of activities.
Quartix (QTX) guides FY in line. "Over the past few days, however, we have heard from a number of customers who are taking vehicles off the road because of falling demand. This has not been restricted to the catering, hospitality and leisure sectors."
Pollen Street Secured Lending (PSSL) re: the possible offer. "Offeror remains committed to pursuing a possible cash offer and looks forward to receiving from PSSL the necessary information required to undertake due diligence."
Aeorema Comms (AEO) buys Eventful Limited for £480k in cash and paper. Earnings enhancing.
Pelatro (PTRO) current COVID-19 related travel restrictions are having a relatively limited effect on our business. Thinks telecoms likely to be less affected by any economic downturn.
Ebiquity (EBQ) recent trading in line with mgmt expectations. Covid-19 creating uncertainty for our clients' businesses. Withdraws guidance.
Cake Box (CBOX) has cash balance of c.£4m, only debt is mortgage. All outlets will close.
Springfield Properties (SPR) no covid impact so far but Scottish Gov't advised the closing of building sites across Scotland. Cancels div. Co has a £67m credit facility.
Mulberry Group (MUL) COVID-19: now expects a small loss in H2. Net cash £8.8m, £19m undrawn bank facilities.
Eddie Stobart (ESL) seeing huge delivry demand. Business "is well placed to continue supporting all our customers' needs, fulfilling all work as usual."
Gooch & Housego (GHH) Ohio officed closed as well as California. Staff home working.



Notes (do not rely on the data)
ESYS: Price=121. Cap=58m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LTG: Price=109.4. Cap=732m. 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.
AMGO: Price=13.32. Cap=63m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
TRU: Price=20.04. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
YOU: Price=400. Cap=431m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
YouGov is a market research agency company. Its suite of products consists of YouGov BrandIndex, YouGov Reports, and YouGov Profiles. Other services offered are YouGov Omnibus service and custom research by sector specialists.
GTLY: Price=120.5. Cap=142m. 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.
IQE: Price=20. Cap=159m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IQE is an international supplier of advanced wafer products and wafer services to the semiconductor industry. It serves wireless, photonics, infrared, solar, cmos++ and power markets.
WYN: Price=210. Cap=42m. 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.
QTX: Price=251. Cap=120m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Quartix Holdings provides vehicle tracking systems to the insurance telematics market. The company primarily supplies subscription-based vehicle tracking systems, software and services for fleets of commercial vehicles in the UK.
PSSL: Price=457. Cap=339m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AEO: Price=14.6. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Aeorema Communications is a live events company. It specializes in devising and delivering corporate communication solutions.
PTRO: Price=27.04. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Pelatro provides precision marketing software for use by its customers in Business to Consumer applications, with a current focus on providing multi channel campaign management software to telecommunications companies.
EBQ: Price=35.25. Cap=28m. 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
CBOX: Price=105.5. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SPR: Price=65.4. Cap=64m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Springfield Properties is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The company operates through two divisions: Private Housing and Affordable.
MUL: Price=132. Cap=79m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mulberry Group manufactures and trades in fashion products. Its product line includes leather accessories, apparels, footwear marketed under the Mulberry brand which it retails and wholesales across more than 20 countries.
ESL: Price=11.83. Cap=45m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Eddie Stobart Logistics is a logistics and supply chain company. It provides transport, warehousing, rail and freight logistics services to United Kingdom and international customers.
GHH: Price=736. Cap=184m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gooch & Housego provides photonics technology and solutions to industrial, aerospace and defence, life sciences and scientific research applications. Its designs, engineers and manufactures photonic systems, components and instrumentation.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#293900

Postby MrContrarian » March 25th, 2020, 7:58 am

Smallcap Sweep. 25-Mar-20


Victoria (VCP) guides FY to end March broadly in line with market expectations. Co has sufficient cash to support the business in even the most severe scenarios modelled. €500m of bonds not due till 2024.
K3 Capital (K3C) rev for first 10 months of FY up 29%, adj EBITDA £6.5m up 59%. Now fully expects a slowdown in revenues, suspending guidance & cutting costs. "Unlike 2009, the Company is in a very strong financial position with over £7m in bank reserves and no debt."
Sumo Group (SUMO) guides FY rev up 27%, adj EBITDA slightly ahead of expectations at £14.1m. Move to home working has caused some disruption and loss of efficiency but early indications are encouraging. Reasonable to expect some improvement in royalty income on games already published. Covid exposure primarily on the supply side with some potential loss of efficiency during the unprecedented restrictions delaying milestone payments.
Volution Group (FAN) has £74m undrawn credit maturing December 2022. Suspending div.
DFS Furniture (DFS) £70m of credit unused. Will seek additional financing facilities to cover the risk of an unwind of customer deposits. Cancelling div.
Fastjet (FJET) hit by S Africa lockdown. Zimbabwe banned non-essential travel. Only $2m cash.
Animalcare Group (ANCR) many veterinary practices in core markets that treat pets animals now handling emergency cases only. The Farm sector (25% of rev) appears to be less affected. Deferring div.
Biffa (BIFF) expects significant disruption to its operations which is expected to continue for several months. Expects very significant reduction in demand for Industrial & Commercial collection services plus reductions in volumes into some processing facilities in the Resources & Energy division. Extremely difficult to predict the impact of COVID. Guides end FY cash & unused credit of 150m. Cutting costs, passing div.
Quarto Group (QRT) gudes FY to end Dec rev down 9%, pretax $2.9m (-$0.6m). 'Pleased'. Not seen any material impact in trading but order volumes in the USA and UK have been dropping in recent days. Going concern - downside scenarios which may indicate the existence of a material uncertainty.
Vp (VP.) has traded satisfactorily since H1 but revenues have reduced in the latter part of March, expects this to continue. Has 'substantial headroom' in credit facilities.
Wincanton (WIN) guides FY U/L profit will be in line with market expectations. 64% of contracts are open book with Retail at over 80%. "This gives us a strong level of commercial protection against significant swings in Retail volumes." Has very substantial headroom in covenants. No guidance for this FY yet.
Halfords (HFD) trading in the near term is likely to be severely impacted. Recent trading was in line. FY U/L pretax could be at lower end or slightly below guidance of £50-55m. Has £118m of cash after drawing on credit line. Talks with existing lending syndicate to provide additional flexibility. Confident can operate within existing debt facilities throughout FY21.
Clipper Logistics (CLG) getting more business requests. "Group's contract mechanisms in the logistics sector both in the UK and Europe provide a good degree of profit protection and cash generation in the event of volume reductions, and this has resulted in only a modest impact on the Company's performance to date." Guides end FY credit headroom £30m and very substantial headroom against net debt covenant of 2.5x EBITDA.
Keller Group (KLR) In late March market conditions deteriorated swiftly but expects overall group performance in Q1 broadly in line with mgmt expectations. The situation becoming more challenging in North America. End Dec net debt £213m, EBITDA ratio of 1.2x cf covenant 3.0x. Substantial borrowing facilities available.
McBride (MCB) increased sales of cleaning producs. "Revenue improvements in the short term are likely to be tempered by reduced factory efficiencies, although we expect to see some benefit from lower raw material input costs in Q4...but as Europe progressively 'locks down' we may see further restrictions on our ability to operate factories to match demand levels." Cutting costs.



Notes (do not rely on the data)
VCP: Price=150. Cap=188m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Victoria manufacturers flooring products in the UK. Its products comprise of wool and synthetic broadloom carpets, carpet tiles, underlay and flooring accessories.
K3C: Price=135. Cap=57m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
K3 Capital Group provides business brokerage and corporate finance services to owners across the UK in the small cap marketplace.
SUMO: Price=137.5. Cap=209m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sumo Group is an independent developers of AAA-rated video games providing both turnkey and co-development solutions, including initial concept and pre-production, production and development, and post-release support.
FAN: Price=153. Cap=303m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Volution Group supplies ventilation products to residential and commercial constructions. The company's products are categorized into residential ventilation, commercial ventilation, other products and Torin-Sifan.
DFS: Price=113.8. Cap=242m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
FJET: Price=0.14. Cap=6m. 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.
ANCR: Price=152.5. Cap=92m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Animalcare Group is a veterinary drugs company in the UK. It supplies licensed veterinary medicines and companion animal identification products and services to veterinary professionals.
BIFF: Price=228. Cap=570m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Biffa is an integrated waste management company providing collection, recycling, treatment, disposal services, and also energy generation services across four of its operating divisions. The Company has its operational base across UK.
QRT: Price=48. Cap=32m. 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.
VP.: Price=510. Cap=205m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Vp provides rental and sale of products and related services. It serves to infrastructure, construction, householding, oil and gas industries.
WIN: Price=230. Cap=286m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wincanton provides supply chain and logistics solutions and services. Its segments are Retail & Consumer and Industrial & Transport.
HFD: Price=60.2. Cap=120m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Halfords Group is engaged in the retailing of automotive, leisure and cycling products through retail stores. The Company also provides car servicing and repair performed from autocentres.
CLG: Price=136.36. Cap=139m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Clipper Logistics offers logistics solutions. Its activities comprise E-fulfilment & returns management services, non e-fulfilment logistics. Its majority revenues come in from United Kingdom and remaining from Germany, and Rest of Europe.
KLR: Price=469.5. Cap=338m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Keller Group is engaged in the engineering and construction business. The scope of its activities comprise of infrastructure, industrial and environmental projects.
MCB: Price=59. Cap=108m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
McBride is a supplier of private label household and personal care products. The company and its subsidiaries develop and produce products for the majority of retailers and major brand owners in Europe and Asia.

* 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
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Re: MrC's Smallcap Sweeps for Mar 2020

#294332

Postby MrContrarian » March 26th, 2020, 7:52 am

Smallcap Sweep. 26-Mar-20
Part 1/2

Thorpe(F.W.) (TFW) H1 [last night] H1 rev up 9%, EPS down 18%. Div up 2%. £51.9m in cash/short term assets at end Dec. Highly likely however that Group companies will see considerable disruption to delivery schedules due to customers' and government containment actions, for at least the next few months, cannot foresee a downside scenario where we are unable to manage business continuity for the foreseeable future.
Online Blockchain (OBC) [last night] H1 EPS -1.56 (-0.84). Co "believes it has reduced its cost base sufficiently to ride out the current business environment and we are beginning to see the return of advertising revenues."
Renewi (RWI) FY trading in line. Cash at hand €100m, undrawn facilities of €95m. Leverag 3x, covenant 3.5x. "We expect a negative impact in the next financial year on waste volumes in the Benelux, but it is too early to assess the potential operational and financial consequences."
Impact Healthcare REIT (IHR) FT trading. ERPA EPS up 7.4%. Group's tenants have a strong level of rent cover, av 1.8x. LTV only 7%. Yesterday co had £22m cash plus £50m credit available.
Knights Group (KGH) FY to end Apr in line with no adverse change to performance so far. Co has "conservative gearing level and good liquidity."
Hostelworld (HSW) hit to Q1 EBITDA guidance inc to €5m from €3-4m. €20m cash. Refundable deposits €2.5m. Cancels div. "Group remains resilient in volatile market conditions."
Quiz (QUIZ) trading was in line until covid. FY (end March) will depend on "factors such as determining the recoverability of debtor balances, the adequacy of inventory provisions and the requirement for further non-cash store fixture and lease provisions." Net cash £8.3m. £4m of credit available.
Ince Group (INCE) covid now having a significant effect on UK business, having progressively impacted all of the international offices. Has uncertainty about the timing of collection of fees. FY to end March may not be in line. Cancels H1 div.
SIG (SHI) guides FY19 to end Dec in line. Jan & Feb LFL doen 11%. Co not experienced any significant sales impact from COVID-19 to date in the UK but trading has continued to be subdued. Expects significant hit to come. Cash resources of c.£135m.
Aukett Swanke (AUK) With most sites currently open and, social distancing in place, construction projects continue in most jurisdictions. Co expects to be able to continue to operate within current banking facilities.
Stenprop (STP) LTV 41%. Unrestricted cash £60m. Significant headroom for both interest cover and LTV loan covenants. It is too early to say with any accuracy what covid impact will be for property occupiers. Co "well placed to cope with a prolonged period of uncertainty."
Ocean Wilsons (OCN) Subsidiary Wilson Sons is "actively managing operational and financial levers to maintaining safe and reliable operations each day, including reduction in our capital spend and operating expenses." Gp has $78m in cash and equivalents and $104m of undrawn credit lines at year end. Cuts proposed div to 30c from 70c.
Northbridge Industrial Services (NBI) has confidence in the ability of the Group's trading to recover from a temporary downturn in the coming months.
Intu Properties (INTU) has only received 29% of Q rent (yr ago 77%). COVID-19 delaying regulatory approvals re disposal of intu Puerto Venecia, £95m won't arrive until middle of May at the earliest. May use Gov't support.



Notes (do not rely on the data)
TFW: Price=244. Cap=284m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Thorpe (F W) is engaged in the design, manufacture, and supply of professional lighting equipment. The group is organized into eight operating segments based on the products and customer base in the lighting market.
OBC: Price=9. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Online Blockchain holds an investment in a company that develops and exploits internet content. The Company develops and makes provision of financial information, through the internet, research services & develops ancillary internet sites.
RWI: Price=22.48. Cap=180m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Shanks Group is a waste-to-product company providing services such as collection, recycling and treatment of commercial waste, reprocessing and recycling of contaminated soil and materials.
IHR: Price=71. Cap=226m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
KGH: Price=330. Cap=263m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
HSW: Price=59.9. Cap=57m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hostelworld Group is a hostel focused online booking platform. The company focuses on hostels and maintains a global hostel database and also other forms of budget accommodation available internationally.
QUIZ: Price=4.59. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
QUIZ is an omni-channel fast fashion womens wear brand. It focus on occasion wear and dressy casual wear offering clothes, footwear and accessories. Its segments include Occasion wear, Dressy casual, and Footwear.
INCE: Price=25.98. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SHI: Price=30.92. Cap=183m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SIG is engaged in the supply of specialist products to construction and related markets in the UK, Ireland and Mainland Europe. Its product sectors includes insulation and energy management, exteriors and interiors.
AUK: Price=1.7. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Aukett Swanke Group provides architectural design, master planning, interior design, executive architecture and associated engineering services to the variety of clients in the UK and overseas.
STP: Price=92. Cap=5447m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
OCN: Price=700. Cap=248m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ocean Wilsons Holdings is an investment holding company, which, through its subsidiaries, operates a maritime services company in Brazil and holds a portfolio of international investments.
NBI: Price=72. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Northbridge Industrial Services is engaged in hiring & selling specialist industrial equipment to a non-cyclical customer base. The Company operates in two segments namely Crestchic loadbanks and transformers and Tasman oil tools and loadcells.
INTU: Price=4.05. Cap=55m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Intu Properties is a real estate investment trust. The company owns and manages retail properties. The company’s portfolio includes shopping centres across the United Kingdom and Spain.

* 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

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Re: MrC's Smallcap Sweeps for Mar 2020

#294371

Postby MrContrarian » March 26th, 2020, 9:24 am

Smallcap Sweep. 26-Mar-20
Part 2/2. 34 RNSs in total.

Tandem (TND) FY rev up 20%. EPS up 25%. Final div 3.04p + special div 2p. Net cash £5m (£4.9m). Had no shipments from China in Feb but still time to recover some of the lost production. Some major customers carried stock forward into this year, will impact sales. Believes FY21 can be strong but prepared for it to be seriously impacted by COVID-19.
Jaywing (JWNG) CEO scarpers. He is thanked. New CEO appointed.
Bigdish (DISH) marketing team furloughed so no further growth in restaurant numbers is expected until restaurants re-opened. Has cash until Dec, prev Q3.
Sareum (SAR) remains fully operational, although management's effectiveness may be impacted if restrictions are increased. To date there has been minimal impact on the Company's network of Contract Research Organisations.
Catalyst Media Group (CMX) H1 EPS down 22%. Main asset is 21% holding in Sports Information Services (SI). SIS's cash resources will be impacted by covid, SIS has £58m cash.
Intelligent Ultrasnd (MED) FY (end Dec) rev up 11%. Post-tax loss £4.2m (£3.4m). Co has implemented cost-saving that will enable the EBITDA for FY20 to remain in line with expectations. Expects to have sufficient funds to continue its simulation and AI business activities for the next twelve months, when rev from first AI software licence agreement expected to be generated.
Iqgeo Group (IQG) £1.8m expansion of contract with Tokyo Electric Power Company (TEPCO). This is already in expectations. Current backlog not materially impacted to date but covid may slow the rate of new orders.
GYG (GYG) maintaining operations in most of its locations in Northern Europe and USA, with a reduced level in Spain and France. Strong start to Q1 but too early to accurately predict covid impact. Cash & facilities sufficient to continue trading in the foreseeable future.
Tern (TERN) "Steering the ship in times of crisis will require course corrections and smaller maneuvers which we are modeling." Iceberg ahead cap'n.
Van Elle (VANL) guides FY to Apr below market expectations. "COVID-19 is now having a significant, direct impact on the Group. Many customer sites, particularly in the housing and regional construction sectors, have closed in the last few days, with some suppliers also suspending operations." Co will enter discussions with its bankers and other debt providers on medium-term financing options. Cancels div.
Mpac Group (MPAC) covid having an immediate impact, restricting customer interaction and site-based work. Guides order intake will be lower than expected. £19m net cash, 'very well positioned'. Passing final div.
Vianet Group (VNET) guides FY end Mar in line. Closures of pubs, bars and restaurants will have a material effect on almost all Smart Zones customers. Too early to predict impact on Smart Machines business. Confident co "has a cash runway well beyond the period which the Government has indicated as being the likely duration of this crisis."
Amiad Water Systems (AFS) FY pretax slumps to $0.1m ($4.8m). Warned in Dec. Co "entered 2020 with a higher backlog than at the same point in the prior year and expect growth for both the Irrigation and Industrial business units." Mindful of potential disruption to trade caused by the COVID...well-positioned for sustained profitable growth when normal business resumes."
Bigblu Broadband (BBB) Q1 positive. "COVID-19 situation may provide opportunities for us to support customers who sit outside the fibre footprint, we may be prevented from installing them due to government restrictions. That would result in increased "in flight" customers and may impact the timings of sales."
Hargreaves Services (HSP) no meaningful impact yet from Covid but can't assess the potential impact on the Group's trading performance over any clear timeline. £50m bank facility due to expire in Aug so some sweaty talks ahead.
Non Standard Finance (NSF) guides FY in line. Has cut lending volumes significantly across all three divisions. "We are however continuing to offer credit, subject to our detailed assessment of affordability, where there is an urgent need." Passing div.
Brickability Group (BRCK) guides FY (March) EBITDA in line with expectations. Has closed sites, working with suppliers on a return to delivery schedules as soon as possible. £22m cash and £10m undrawn credit.
Topps Tiles (TPT) guides material reduction in expectations for revenue and profit in H2. Shops closed. £20m of cash on hand plus £11m accordion facility (that's a new one to me) which is subject to lender approval. "In the event of a 12 week closure of retail premises, followed by a further quarter of materially reduced sales, when combined with the support detailed above, the Group believes that its cash reserves will provide it with good levels of liquidity for the remainder of the current financial year."
Knights Group (KGH) FY (Apr) trading in line so far. Covid: limited impact on revenues and cash flows. £23m undrawn facilities based on current market expectations for c.£17m of net debt at YE.
Boku (BOKU) Trends seen in Jan and Feb continued into March with "significant increases in new users of the Boku Payments Platform, particularly for streaming video services and gaming in those countries hardest hit by COVID-19...Transaction processing on existing customers is continuing unaffected."
London Security (LSC) closed most of its offices and that many of its engineers have stopped working.
Reach (RCH) first 12 weeks in line but too early to assess impact of COVID. Expects hits to ads, print circulation and events. Has net cash of £20.4m revolving banking facilities of £65m.



Notes (do not rely on the data)
TND: Price=114.85. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tandem Group is a designer, developer, distributor and retailer of sports, leisure and mobility products. The company’s products include bicycles and accessories, fishing, football training, garden and camping, and Homewares and household appliances.
JWNG: Price=3.64. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Jaywing is a digital marketing service provider. The company through its segments Agency Services and Media and Analysis provides direct marketing, online marketing, and online public relations.
DISH: Price=0.68. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SAR: Price=0.29. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sareum Holdings is engaged in drug discovery and development. The company is focused on cancer and autoimmune diseases and licensing them to pharmaceutical and biotechnology companies.
CMX: Price=50. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Catalyst Media Group operates in the betting industry. The company primarily provides data, pictures and other details for betting purposes covering a range of sports with a focus on horse riding and greyhounds.
MED: Price=8.97. Cap=20m. 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.
IQG: Price=62.7. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GYG: Price=58.5. Cap=27m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GYG is a superyacht painting supply and maintenance company, offering services through operations in the Mediterranean, Northern Europe and the United States.
TERN: Price=4.76. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tern is an investment company which focuses on investing in quoted or unquoted technology companies to achieve capital growth.
VANL: Price=30.9. Cap=25m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Van Elle Holdings is a geotechnical contractor offering ground engineering techniques and services to customers in construction end markets including the new-build residential, infrastructure, commercial, industrial and public non-housing sectors.
MPAC: Price=209.25. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
VNET: Price=54.5. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Vianet Group is engaged in the designing, product development, sale and rental of fluid monitoring and machine monitoring equipment, together with the provision of data management and related services, both to the leisure and petrol forecourt trade.
AFS: Price=218. Cap=49m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Amiad Water Systems is a producer and supplier of water filters and filtration systems. Its systems are used in two key markets, being the industrial market, which includes the municipal, ballast water and oil and gas markets and irrigation market.
BBB: Price=65.15. Cap=38m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
HSP: Price=210. Cap=68m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hargreaves Services is a coal mining company. It delivers key projects and services in infrastructure, energy and property sectors. Its offer services to sectors namely Coal Distribution, Industrial services, Logistics and Specialist earthworks.
NSF: Price=12.96. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Non-Standard Finance is a credit service provider. Its services include unsecured loans, home credit and other credit facilities throughout the United Kingdom.
BRCK: Price=40.52. Cap=93m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
TPT: Price=38.52. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Topps Tiles is engaged in the retail distribution of ceramic and porcelain tiles, natural stone, wood flooring and related products. It includes product such as bathroom tiles, kitchen tiles, floor tiles, wall tiles and other tools and essentials.
KGH: Price=327.2. Cap=261m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BOKU: Price=66.5. Cap=170m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Boku Inc is a carrier billing mobile payments company. The company's bank-grade payments technology allows consumers to charge purchases to their mobile phone bill.

* 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


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