Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

MrC's Smallcap Sweeps for May 2022

Discuss Stock buying Shares, tips and ideas for stock market dealing
MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

MrC's Smallcap Sweeps for May 2022

#498096

Postby MrContrarian » May 3rd, 2022, 7:38 am

Smallcap Sweep. 03-May-22
A hard squeeze on the tube of opportunity

Eneraqua Technologies (ETP) £0.9m contract to supply systems to 340 horticultural farms in India, to start in 2022 and complete in 2023. [SP=257.2 Cap=84m]
Mode Global (MODE) launches Bitcoin Cashback affiliate programme, the latest addition to Mode's crypto reward proposition. [SP=9.65 Cap=9m]
Inland Homes (INL) sale of part of Wilton Park, Beaconsfield for £19m. Conditional on planning permission. The Group retains ownership of the remaining 120 plots with outline planning approval. The estimated value of INL's land and properties within Wilton Park is £90m. [SP=42.25 Cap=98m]
Hargreaves Services (HSP) German Joint Venture will contribute extra £5m after tax to HSP this FY. Cites high pig iron and zinc prices. Also extra £1.5m in Q1 2023. Board remains cautious about the medium term sustainability of these conditions. [SP=591.86 Cap=193m]
GRC International (GRC) guides FY(Mar) billings up 21% to £14.8m and EBITDA £0.8m+ (-£1.1m). In line? Q4 up 25%. "Strong momentum in Q4 and cash generation have continued into the start of the new financial year." [SP=28 Cap=30m]
Avation (AVAP) court denies application (in Virgin Australia administration) to claim rent as well as certain costs associated with aircrafts' to airworthiness, potentially as priority claims in the administration. AUD101.4m owed. [SP=78.3 Cap=55m]
Intelligent Ultrasound (IUG) FY(Dec). Guides FY22 rev ahead of current market expectations. [SP=14.5 Cap=39m]

In line: OPG
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#498316

Postby MrContrarian » May 4th, 2022, 8:20 am

Smallcap Sweep. 04-May-22
WYN win and Joules lose

Aston Martin Lagonda (AML) CEO gets on his bike. He is thanked. Appoints a former CEO of Ferrari. [SP=879 Cap=1039m]
CAP-XX (CPX) signed JV with Ionic Industries for the commercialisation of reduced graphene oxide ("rGO") for supercapacitors and other energy storage devices. [SP=4.8 Cap=25m]
Joules (JOUL) recent Q rev up 20% but profit below mgmt expectations. Blames "market conditions have become more challenging during and following the Easter period as consumer confidence has been impacted by the rising cost of living". Also US and third party sales weak. Expects conditions to continue in H1 FY23. [SP=55 Cap=62m]
ATOME Energy (ATOM) signs first major (60MW) Power Purchase Agreement "enabling a clear path to near term large-scale hydrogen and ammonia production". "ATOME will now move expeditiously to the Front-End Engineering Design ("FEED"), procurement, selection of off-takers, and then final investment decision ("FID") stages for the production of green hydrogen and ammonia at Villeta for domestic and export markets." [SP=128 Cap=NA]
eEnergy (EAAS) guides FY(June) rev £23m and adj EBITDA £3m ,both behind market expectations. Blames lockdowns in Ireland and customers are entering into larger multi-service contracts resulting in longer conversion times from signing to installation. Also guides FY23 adj EBITDA margin miss due to increase operational investment, in particular through eCharge and onsite solar generation. [SP=9.1 Cap=31m]
Cineworld (CINE) asks Regal Litigation Parties to further reschedule payment obligations. Co has got "waivers of, or undertakings to waive, any events of default arising under those facilities as a result of non-payment under the Unsecured Facility Agreement. Cineworld also expects to obtain equivalent waivers from holders of its guaranteed convertible bonds due 2025." [SP=31.3 Cap=433m]
Wynnstay (WYN) guides FY(Oct) pretax above market expectation due to continued high fertiliser commodities prices. [SP=623.2 Cap=127m]
Open Orphan (ORPH) re speculation on potential delisting. Co repudiates, says it's working with Liberum to complete due diligence as Nomad. Also wins virus manufacturing contract, from an existing Big Pharma client. [SP=13.94 Cap=94m]
Luceco (LUCE) guides FY(Dec) rev £15m below its expectations due to de-stocking. Adj op profit hit £10m due to lower revenues being in the higher margin Wiring Accessories category. Q1 rev was down 3%. "Profit progression in 2023 should be made easier by the temporary nature of the supply chain rebalancing expected in 2022." [SP=195 Cap=314m]
Checkit (CKT) two-year renewal contract with Center Parcs worth £360k. [SP=36.92 Cap=40m]
Johnson Service Group (JSG) reassuring AGM stmt. Plans to resume divs as volumes continue to improve. [SP=108 Cap=481m]
Insig AI (ISG) £1.0m convertible loan from Chmn at 5%. [SP=NA Cap=NA]
Kitwave (KITW) guides FY(Oct) slightly ahead of market expectations. [SP=148 Cap=104m]
Castings (CGS) guides FY(Mar) slightly ahead of market expectations. "Whilst we have seen an increase in the total weight of castings despatched in the year and associated revenues, the unpredictable and sudden changes to the customer schedules has caused inefficiencies which has put pressure on margins. Management have taken actions to partially mitigate this margin pressure, such that the result for the year is anticipated to be slightly ahead of market expectations." [SP=330 Cap=144m]
Immupharma (IMM) final preparations are now underway to progress Lupuzor into its new optimised international Phase 3 trial. [SP=6.85 Cap=20m]
Ilika (IKA) successful conclusion of its scale-up study, SOLSTICE, with car giant Stellantis. [SP=109.12 Cap=172m]

In line: MPAC
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#498572

Postby MrContrarian » May 5th, 2022, 7:45 am

Smallcap Sweep. 05-May-22
An equity esspresso to wake up to

PureTech Health (PRTC) $50m max buyback. [SP=168.2 Cap=599m]
Glanbia (GLB) raises FY adjusted EPS growth guidance to 5-10% after Q1 wholly-owned revenues up 25%. [SP=11.22 Cap=3064m]
Argo Blockchain (ARB) flagship mining facility, Helios, has been energised and delivery and installation of the 20,000 mining machines started. [SP=62.49 Cap=293m]
Ideagen (IDEA) Cinven won't make an offer but co has now two other approaches. [SP=225 Cap=661m]
Seraphine (BUMP) warns again, guides FY(Apr) rev c.£44.1m and adj EBITDA (pre-IFRS16) £3m+. Cuts FY23 rev growth guidance to 10-20% and EBITDA (pre-IFRS16) margin improvement 8-9%. Blames the war and higher costs. [SP=48.1 Cap=24m]
Reach (RCH) recent 4 months rev down 1%."Over the past two months the market has experienced reduced advertiser demand and lower average yields, with the war in Ukraine significantly reducing the level of 'brand safe' content for news publishers. While this has led to lower growth than expected, we are improving the quality of our digital sales...The impact of further recent newsprint inflation is fully reflected in our cost expectations." [SP=159.6 Cap=503m]
James Fisher (FSJ) AGM stmt: sounds in line [SP=388.5 Cap=196m]
Diaceutics (DXRX) $1m+ five yr contract with global pharma company for data feed from the DXRX platform. [SP=120.35 Cap=101m]
Wincanton (WIN) five-year contract with The White Company to provide multi-channel fulfilment services, including international eCommerce order fulfilment, store replenishment for over 60 stores. No £££. [SP=403.5 Cap=503m]
Hansard Global (HSD) Q3 new business down 35%. AuM £1.17bn down 4% in Q. In line? [SP=46 Cap=63m]
Intosol (INTO) applies to cancel listing (as mooted), effective June 6. [SP=5 Cap=m]

In line: GETB, WPS, QXT, TRI, COST, EMIS
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#498795

Postby MrContrarian » May 6th, 2022, 7:48 am

Smallcap Sweep. 06-May-22
Mach 1 updates

Origin Enterprises (OGN) hikes guidance of FY(July) adj EPS to 49-57c. Cites continued strong on-farm sentiment and favourable weather conditions in the key application window. [SP=4.35 Cap=NA]
Kinovo (KINO) guides FY(Mar) rev-cont up 36%, adj EBITDA (after the effect of a charge for lease payments) up 100%. In line? Disposed subs DCB Kent doing badly and KINO contractually obliged to hand over extra working capital support of £3.7m and expect this to increase in the short term. Co reviewing its legal position in relation to recoverability of funds provided. [SP=34 Cap=21m]
SDI (SDI) guides FY(Apr) rev £49m and adj pretax £10.5m+. Both above market expectations of £46.65m and £9.65m. [SP=156.5 Cap=160m]
Omega Diagnostics (ODX) bailout placing of £2m and £2m OO at 4p, a nil discount. Comes with warrants. SP down 95% in a year. To sell CD4 business, but needs funds in meantime. Should the Warrants be exercised, this will allow the planned investment in Health and Nutrition to be accelerated. [SP=4 Cap=13m]
4imprint (FOUR) YTD 'very strong' with FY rev and op profit expected above top of f/c range. [SP=2440 Cap=685m]
Cizzle Biotechnology (CIZ) heads of terms to partner with CorePath Laboratories, a full service cancer reference laboratory, to develop and offer its proprietary early-stage lung cancer test throughout the USA. 15% royalty and royalty sharing arrangements. CorePath intends to develop and offer a clinical laboratory test throughout the USA. [SP=2.1 Cap=6m]
Camellia (CAM) three dirs, inc CEO will not stand for re-election at June AGM. FY21 in line. Guides FY22 rev ahead of market expectations. [SP=5850 Cap=162m]
Unbound (UBG) sells leasehold property investment for £1.75m, £250k over book. Rent was £300k PA. Why give up a 17% yield? [SP=38.32 Cap=17m]
Gresham Technologies (GHT) wins £6.3m 5 yr Clareti software contract with Tier 1 bank. "Provides increased confidence with regards to the attainment of FY22 market expectations" [SP=162 Cap=135m]
Powerhouse Energy (PHE) new CEO "examining and reviewing the Powerhouse business and its operations, with a view to setting out in the near future an evolved business model". He will "applying learning from the Company’s prior experiences". Code for sort out mess? [SP=2.12 Cap=84m]

In line: REVB, FAB
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#499568

Postby MrContrarian » May 10th, 2022, 7:47 am

Smallcap Sweep. 10-May-22
Cavorting on the causeway of calamity

DX (DX.) has been unable to agree a new auditor so there's a risk it will be delisted unless a derogation from AIM Rule 41 is agreed. Shares still suspended. Trading in line. [SP=30 Cap=172m]
MGC Pharmaceutical (MXC) gets EU patent for CannEpil Drug Delivery System. [SP=1.21 Cap=72m]
Seeing Machines (SEE) appointed by an existing customer and global Automotive Tier-1 supplier to deliver its FOVIO Driver Monitoring System for a leading Japanese carmaker. Worth A$21m starting 2025. [SP=6.8 Cap=296m]
Supreme (SUP) no bad debt from McColl's failure since it supplies via Morrisons. Value < 0.5% of rev in any case. [SP=134.3 Cap=159m]
Cineworld (CINE) has now obtained undertakings to waive from its holders of its guaranteed convertible bonds due 2025 if it defaults on amounts due to the former dissenting shareholders of Regal Entertainment. [SP=26.3 Cap=382m]
CyanConnode (CYAN) wins first order from IntelliSmart Infrastructure for a smart metering deployment in India. 100k modules plus associated equipment and s/w. 30 month contract. No £££. [SP=14.66 Cap=35m]
M&C Saatchi (SAA) PUSU deadline pushed back again. [SP=175 Cap=211m]
FIH (FIH) guides FY(Mar) U/L pretax significantly above market expectations. [SP=230 Cap=30m]
DSW Capital (DSW) guides FY(Mar) rev and adj pretax ahead of market expectations. [SP=107 Cap=23m]
IXICO (IXI) has entered a multi-party consortium for the development of improved imaging biomarkers for the early detection and staging of Huntington's disease. Contract worth c.£0.9m, delivered within 2022. [SP=39.67 Cap=19m]
Eden Research (EDEN) US agency grants Sustaine an exemption from the requirement of a tolerance for residues in pesticide formulations in pre-harvest applications to crops. This is a key milestone. Also further Mevalone authorisation in Italy for use against two new fungal pathogens. [SP=4.7 Cap=18m]
Tanfield (TAN) notes 49% owned Snorkel's good Q4 and remains sceptical about the low gross margin, now 1.5% (6.6%). Update on court actions re Snorkel. [SP=1.5 Cap=3m]
NWF (NWF) guides FY(May) significantly ahead of mgmt's previously upgraded expectations. Cites exceptional trading conditions in the Fuels business. [SP=201 Cap=99m]

In line: GFRD
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#499752

Postby MrContrarian » May 11th, 2022, 7:42 am

Smallcap Sweep. 11-May-22
Makeshift cabinet of news

Vertu Motors (VTU) FY adj pretax £80.7m cf g£75m+ guided. Adj EPS 17.92p up 240%. DIv a stringy 1.7p. Outlook good but "new and used vehicle supply constraints continue and cost pressures are evident." [SP=48 Cap=176m]
Conduit Holdings (CRE) Q1: "market conditions remain strong with continuing rate increases and improvements in terms and conditions...Net ultimate incurred losses related to the Russian invasion estimated at $15-30m." [SP=353.5 Cap=610m]
1Spatial (SPA) $1.4m 4 yr expansion contract with the State of California. [SP=40.3 Cap=45m]
Ilika (IKA) guides FY(Apr) rev £0.5m (£2.3m) and EBITDA -£7m (-£2.3m), in line. Stereax battery manufacture taking longer than expected to ensure that product batches reproducibly meet specification. Expects commercial sales pushed back to end H2 2023. How is this worth £148m? [SP=95 Cap=158m]
Cenkos (CNKS) AGM stmt mixed. "Good start to the year...but war in Ukraine combined with mounting inflation and interest rate concerns in turn impacting investor risk appetite and capital markets activity generally...encouraging pipeline for the rest of the year." [SP=66.82 Cap=39m]
DeepMatter (DMTR) wins a second multi-year licensing and collaboration agreement with Standigm. Worth £280k. [SP=0.11 Cap=5m]
Dignity (DTY) Q1(Arr) U/L rev down 22%, U/L op profit down 67%. Deaths down 19%. Blames lower number of deaths and lower average revenues per funeral following the move to more competitive pricing. Both funeral market share and crematoria market share grew strongly. [SP=504 Cap=256m]
Hostelworld (HSW) AGM stmt: strong sales continued through April and into early May. YTD stronger than mgmt expected, [SP=81.09 Cap=99m]
Duke Royalty (DUKE) £18.5m placing and £1.5m PrimaryBid raise at 35p, a 9% discount. [SP=38 Cap=139m]
Best of the Best (BOTB) guides FY(Apr) rev in line and pretax slightly ahead of mkt expectations. [SP=391 Cap=37m]

In line: CSH, WNWD, CTO
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#501450

Postby MrContrarian » May 19th, 2022, 7:45 am

Smallcap Sweep. 19-May-22
Shotgun marriage of profit and loss

Knights (KGH) guides FY(Apr) rev up 22% and U/L pretax £18.1m+ down £0.3m. Makes aquisition. [SP=94 Cap=79m]
Immotion (IMMO) four and a half year 40 Seat VR Theatre revenue share deal signed with Milwaukee County Zoo. [SP=3.9 Cap=16m]
Gym (GYM) Capital Markets Day: targets for 2025 including 300+ sites, £95-105m EBITDA, £40-50m pretax. [SP=185.95 Cap=331m]
Grafenia (GRA) sells Works Manchester and certain business and assets of its wholly-owned subsidiary Grafenia Operations for £3.3m. Only £100k paid within 3 months of completion, rest over 4 years. Biz loast £0.3m in last FY. 5 yr supply agreement with sold company. GRA will focus on SaaS business Nettl Systems. [SP=5.26 Cap=6m]
Headlam (HEAD) AGM stmt: Q1 rev broadly in line, slightly weaker April. Residential 'soft' but margin mix better. Guides FY profit in line. [SP=343 Cap=291m]
Capital & Regional (CAL) AGM stmt: "strong operational results with footfall at almost double...support plans to resume dividend payments in H2". [SP=59.4 Cap=98m]
Portmeirion (PMP) AGM stmt: first 4 months rev up 2% and margin up 50bp but "significant change to consumer sentiment and spending since last year...further Covid related disruption in supply chains and sales markets...So far we have successfully mitigated these challenges." Remains cautious. [SP=478.8 Cap=67m]
Begbies Traynor (BEG) guides FY(Apr) rev up c.30% and adj pretax up c.55%, both comfortably ahead of market expectations. Outlook confident. [SP=122.8 Cap=188m]
Ideagen ((DEA) one of two remaining possible bidders pulls out. [SP=NA Cap=NA]

In line: PFG, IDOX, DIA, ROL
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#501642

Postby MrContrarian » May 20th, 2022, 7:47 am

Smallcap Sweep. 20-May-22
Reversing out of financial cul de sacs

M&C Saatchi (SAA) Vin Murria loses hostile takeover atempt as co accepts offer worth 247.2p mainy in Next Fifteen Communications shares. A 50% premium. [SP=165 Cap=202m]
Eagle Eye Solutions (EYE) guides FY(June) rev and adj EBITDA 7% and 10% ahead of market expectations which are £28.1m and £5.2m resp. Cites strong trading and the go live of the national US grocer, announced in Jan. [SP=414.72 Cap=108m]
Tintra (TNT) the delayed sale of Lottery Administration Business remains eight to twelve weeks from completing all of its regulatory hurdles. As interim measure it shifts the subsidiary into an SPV and expects to book £140k profit this FY. This leaves Tintra as a focused FinTech & RegTech business. [SP=130.8 Cap=20m]
Braemar Shipping Services (BMS) guides FY(Feb) in line. Current trading well ahead of mgmt expectations so hikes U/L op profit guidace for FY23 to 10%+ above mkt forecast. Final div will be 5p making 7p total. [SP=260 Cap=84m]
TheWorks (WRKS) guides FY(May) rev up 12.7% on two years ago. EBITDA £15m, in line. Expects to restart divs with 2.4p final. Delays finals to Sept: "The cyber security incident in April 2022 had a limited impact on trading, but has prompted the decision to significantly speed up the implementation of plans to strengthen our IT security measures...additional time needed to implement these improvements." [SP=50.93 Cap=32m]
DeepMatter (DMTR) contract renewal worth €206k+ over 3 yrs. [SP=0.11 Cap=4m]

In line: RST
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#502221

Postby MrContrarian » May 23rd, 2022, 7:38 am

Smallcap Sweep. 23-May-22
There's no business like slow business

Ince (INCE) warns FY((Mar) pretax below market expectations. FY rev £97m, slightly below on FY21. Blames covid, war and a cyber attack in March. Re the latter: "At this time we believe that the overwhelming majority of the costs incurred will be covered by insurance, and although the operating conditions have been difficult, as the systems are now substantially restored". [SP=23.98 Cap=20m]
Futura Medical (FUM) licenses Cooper Consumer Health to commercialise MED3000 throughout the European Economic Area, United Kingdom and Switzerland. Fifth commercial agreement for MED3000. [SP=27.3 Cap=79m]
Creo Medical (CREO) signs long-term collaboration agreement with Intuitive to optimise certain Creo products to be compatible with Intuitive's robotic technology. "The combination of Intuitive's robotic platforms and our Kamaptive Technology strives to provide patients with additional treatment options." [SP=96 Cap=174m]
AdvancedAdvT (ADVT) says "NFC's current offer for M&C Saatchi does not fairly reflect the potential to unlock significant synergies for M&C Saatchi Shareholders as a whole". So ADVT has offered less but knocks rival's offer as too low? [SP=87.71 Cap=117m]
Driver (DRV) slims ME ops to 9 from 34 by transfer agreement to another entity in the region. Gets £2m upfront as part-payment of £3.5m debtor book. Guides H1 in line. May return some cash to holders. [SP=26.63 Cap=15m]
Plant Health Care (PHC) 5 yr agreement signed with Nutrien Ag Solutions for Saori soybean seed treatment. "Saori is the first of many launches of products from the PREtec platform. We plan to launch PHC279 in the USA through our distributor, when regulatory permits have been obtained." [SP=11.18 Cap=33m]
Malvern (MLVN) becomes preferred supplier to recruit students from China for the University of East London. Expects first students in Q4 2022 and then more significant student numbers from Q4 2023. [SP=0.1 Cap=2m]
Ted Baker (TED) selects preferred bidder for confirmatory due diligence, likely to take several weeks. [SP=139.2 Cap=257m]
Empiric Student Property (ESP) sounds in line. "With bookings at 68% to date, it is currently too early to give firm like for like rental guidance. However, current trends indicate a return to pre-pandemic levels of rental growth." [SP=87.2 Cap=526m]
Quantum Blockchain Technologies (QBT) update on its research on improved methods of electricity destruction ie Bitcoin Mining. [SP=1.89 Cap=18m]
Judges Scientific (JDG) buys Geotek for initial £45m plus £35m earn-out, funded by a new £100m bank facility. Expects it to be materially earnings enhancing in this FY. [SP=6860 Cap=434m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

Hallucigenia
Lemon Quarter
Posts: 2617
Joined: November 5th, 2016, 3:03 am
Has thanked: 166 times
Been thanked: 1718 times

Re: MrC's Smallcap Sweeps for May 2022

#502302

Postby Hallucigenia » May 23rd, 2022, 12:55 pm

Shout out to Europa O&G for holding their investor presentation down the pub at 3-5pm - my kind of company :
https://www.investegate.co.uk/europa-oi ... 00063293M/
is hosting a retail investor 'Meet the Team' reception at the Ye Olde Cock Tavern, Holborn, London, EC4Y 1AA, on Thursday, 16 June 2022 between 3.00-5.00 p.m. BST, during which management will give a presentation on the upcoming Serenity field appraisal well due to be drilled in the late summer, and the Wressle project, followed by an opportunity for an informal Q&A discussion.

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#502377

Postby MrContrarian » May 24th, 2022, 7:58 am

Smallcap Sweep. 24-May-22
Bending bad tidings over my knee

Warehouse REIT (WHR) will apply to move from AIM to LSE Premium list. Expects to move in July. [SP=157.81 Cap=670m]
TPXimpact (TPX) spin-out of OpenDialog business for £2.2m in OpenDialog AI shares at 273p/sh. [SP=165 Cap=148m]
Brandshield Systems (BRSD) £1m placing at 8p, a 3% discount, as it needs more cash to operate properly. [SP=8.3 Cap=11m]
Artisanal Spirits (ART) AGM stmt: recent rev up 30%. Comparative will will get tougher in H2. China tough due to lockdowns. Global membership growth slightly ahead of management expectations, up 25%. [SP=78 Cap=54m]
SIMEC Atlantis Energy (SAE) wins £40m 30 yr contract for one of UK's largest Battery Storage Projects at Uskmouth. C.£11m will be paid within the next 18 months, subject to the achievement of certain milestones. [SP=2.03 Cap=15m]
Capital & Regional (CAL) sells The Mall, Blackburn for £40m, a £1.8m premium to book. Will cut LTV ratio by c. 600bps. [SP=61 Cap=101m]
Forterra (FORT) guides FY materially ahead of its previous expectations. Jan-Apr rev up 25%. brick volumes up 6%. [SP=243.5 Cap=541m]
Velocity Composites (VEL) guides H1(May) rev in line and adj EBITDA loss £0.3m, slightly ahead of management expectations. "Underlying demand from aerospace manufacturing for the Company's products and services is returning, with signs of further recovery in FY22, which is expected to be more significant in terms of sales in FY23." [SP=20 Cap=7m]
Conygar Investment Company (CIC) Nottingham City Council has passed a resolution to grant planning for the next phase of The Island Quarter. 247 Build to Rent apartments, 223 hotel rooms, 400 co-working desks [SP=150.5 Cap=90m]
Technology Minerals (TM1) Environment Agency gives 49% owned battery recycling business, Recyclus, an environmental permit for its recycling plant in Wolverhampton. [SP=3.15 Cap=NA]
Harworth (HWG) AGM stmt sounds in line. [SP=158.5 Cap=512m]
Newmark Security (NWT) FY(Apr) trading. H2 loss below H1 due to strict cost management and increased its prices. Is this in line? Will "identify the appropriate opportunities that will synergise and complement our product offering." Ugh. [SP=32 Cap=3m]
Softline (SFTL) Q3 rev up 39% at const FX, gross profit up 51%. In line? Guides Q1 2023 rev up 15%+ and gross profit up 25%+. Ex-Russia growth 30%+ but "In Russia, the company expects growth to decline at least mid-single digits year-over-year." Surely they mean rev decline? [SP=NA Cap=NA]
Belovoir (BLV) buys TIME Mortgage Advice Bureau for £3.7m. [SP=242 Cap=90m]

In line: KIE, EPWN, PEBB, RTN
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#502603

Postby MrContrarian » May 25th, 2022, 7:36 am

Smallcap Sweep. 25-May-22
The Rocky Balance-sheet Picture Show

Franchise Brands (FRAN) will harmonise some of UK direct labour organisations with Willow Pumps "in order to unlock further market opportunities in the B2B division". To pay £1.3m to terminate WIllow Pumps earn-out. [SP=137 Cap=178m]
Morses Club (MCL) FY(Feb) results delayed from May to no later than 26 Aug. No reason given! [SP=8.06 Cap=11m]
Tekcapital (TEK) £2m placing at 25p, a 15% discount, to invest in 3 holdings and working capital. [SP=29.33 Cap=41m]
Hercules Site Services (HERC) AGM stmt - sounds OK. "We expect to see a step up in our growth, driven by highly favourable market conditions and our multi-year contract as part of the integrated labour desk which is expected to supply at least 4,000 workers to the HS2 Phase 1, northern section, over the life of the project." [SP=52.1 Cap=31m]
SIMEC Atlantis Energy (SAE) subsidiary Atlantis Ocean Energy asks debenture holders to wait 3 months for an interest payment and extend maturity by a year. Cash coming from contact (see yest) will repay the debentures. [SP=3.47 Cap=25m]
Regional REIT (RGL) Q1 improving. In line? [SP=84.1 Cap=434m]
Tekmar (TGP) wins 'significant' contract on an offshore wind farm project in the US, expected to be delivered in 2023. No $$$. [SP=37 Cap=23m]
Zotefoams (ZTF) guides FY22 rev ahead of market expectations with demand in line and higher prices recovering cost inflation. Expects profit in line. [SP=285 Cap=139m]
Sabre Insurance (SBRE) sounds in line, see FY combined ratio c.80%. "Alongside the additional growth from the taxi and motorcycle lines, we anticipate a benefit from pricing tailwinds for our core business which should be more positive for Sabre than our competitors because of our continued discipline in this area over the last few years." [SP=217 Cap=543m]
Esken (ESKN) FY(Feb) poor, as expected. Pretax loss £34.6m (£44.2m). Material uncertainty in going concern stmt. [SP=8.82 Cap=90m]

In line: ELCO, MAB1
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#502873

Postby MrContrarian » May 26th, 2022, 7:47 am

Smallcap Sweep. 26-May-22
Singin' in the Pain

RA International (RAI) delayed FY(Dec) poor as expected, with write-down of Mozambique and div cancelled. But on the bright side board will get new LTIP. [SP=23.35 Cap=40m]
R.E.A. Holdings (RE.) Indonesia lifts band on exports of crude palm oil but "with the re-introduction of a domestic market obligation designed to procure that CPO is sold in the local market in sufficient volumes and on a price basis that supports the local availability of cooking oil". [SP=162.08 Cap=71m]
Hostmore (MORE) guides FY22 EBITDA margin (pre-IFRS) in low double digits (%) cf medium-term target of mid-teens, which is retained. Food and beverage input cost inflation currently c. 10%. LFL dine-in volumes may reduce by 8% for the rest of FY22 due to belt-tightening. [SP=50.84 Cap=64m]
Cohort (CHRT) guides FY(Apr) rev slightly weaker but otherwise in line. Order book nearly £113m (£100m). Outlook "despite the residual challenges of the pandemic and the uncertain economic conditions, we expect to resume organic growth in 2022/23 and beyond and are not changing our expectations for the current financial year". [SP=496 Cap=204m]
DWF (DWF) guides FY(Apr) net rev c.£350m with LFL up >6%. Adj pretax up 20%, in line with market expectations. Confident in medium term guidance provided in July 2021. [SP=103 Cap=335m]
Poolbeg Pharma (POLB) gets US patents fot POLB 001, a small molecule immunomodulator for the treatment of severe influenza and POLB 002, a first-in-class, intranasally administered RNA-based immunotherapy for respiratory virus infections. "The additional US patent protection of POLB 001 and POLB 002 is an important step in the commercialisation of these novel infectious disease products." [SP=6 Cap=NA]
Anexo (ANX) welcomes settlement of the dieselgate class action brought against VW by other law firms. CO is handling similar claim from 13,000. [SP=130 Cap=153m]
Zinc Media (ZIN) AGM stmt - confident about the outlook. [SP=110.24 Cap=18m]
S&U (SUS) AGM stmt with Feb-May trading. Pretax above budget for both Advantage Finance and Aspen Bridging. "Furthermore, despite actual and anticipated pressure on household budgets due to cost of living and tax increases, credit quality remains very good." [SP=2350 Cap=286m]
DP Eurasia (DPEU) last 4 months system sales up 57%, driven by excellent demand in Turkey. "Given the prevailing uncertainties of inflation and the wider macro-environment, the Group is still unable to provide meaningful guidance for the full year to Dec." [SP=56 Cap=81m]

In line: WIX, NWOR, STAF, YU., RBN, BLV, KETL, BOOT
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#503103

Postby MrContrarian » May 27th, 2022, 7:30 am

Smallcap Sweep. 27-May-22
Twin Peeks

LSL Property Services (LSL) AGM stmt: minor warning that FY profit expected to be slightly down rather than flat. Blames low residential pipeline conversion rate due to conveyancing bottleneck. "Should the current slow conversion rates across the market persist or fall throughs increase, then more significant pressure would be placed on profits in our Estate Agency Division and to a lesser extent in our Financial Services businesses." [SP=357 Cap=375m]
RUA Life Sciences (RUA) guides FY(Mar) rev £1.6m up 6%. Loss £2.4m (£1.6m) due to increased R&D and further investment in the infrastructure. [SP=46.5 Cap=9m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#503698

Postby MrContrarian » May 30th, 2022, 7:49 am

Smallcap Sweep. 30-May-22
MEAL deal perfect for clots

Abingdon Health (ABDX) wins Testing Services Framework from DeepVerge for development and manufacture of a range of Lateral Flow Tests. First one will be for dangerous pathogens and chemicals in household drinking and wastewater, as well as Environmental LFT tests covering acrylamide, microcystins, and algae. [SP=10.88 Cap=13m]
Smiths News (SNWS) will probably lose £3.4m to £4.5m from McColl's as administrator's guide unsecured creditors to get 20-40% which is good in the circs IMO. Expects it won't hit dividend. [SP=34.1 Cap=85m]
Oxford Metrics (OMG) sells infrastructure asset management division, Yotta, for £52m. Yotta's last FY rev was £8.1m and adj pretax was £0.8m, c.10% of group pretax. That's a huge multiple. [SP=78.5 Cap=100m]
Mirriad Advertising (MIRI) programmatic collaboration with Magnite, the world's largest independent sell-side advertising platform. "Mirriad will make ad Inventory available for sale via the Magnite platform, which facilitates the programmatic sale of in-content advertising." [SP=20.38 Cap=57m]
Genedrive (GDR) Genedrive point-of-care COV19-ID Kit gets approval for sale in UK. It's the fastest point-of-care COVID molecular test. [SP=23.25 Cap=22m]
Angle (AGL) MidLantic Urology will evaluate the Parsortix system in prostate cancer clinical studies. Will enable potential sales to Solaris Health extensive patient base. First study starts Q3 2022, [SP=145 Cap=341m]
Parsley Box (MEAL) jumps on the Jubilee bandwaggon (or gilt carriage) to offer "Afternoon Tea for Two" with scones and usual blood clot promoters. Marketed on website and in Daily Mail. [SP=18.75 Cap=13m]
Catenae Innovation (CTEA) two tiny orders. Still susended pending finals. [SP=0.29 Cap=1m]
Taylor Maritime Investments (TMIP) five ships have been fixed on time charters for an average of 12 months and average annualised unlevered gross cash yield >30%. Fleet av was 24%. "During the Chinese New Year period, a time of typical seasonal weakness, we deliberately fixed a portion of the fleet on short-term charters as we anticipated a strengthening market in the lead up to the summer. This approach has now allowed us the flexibility to capture longer-term charters." [SP=115.5 Cap=476m]
MediaZest (MDZ) H1 trading: significant improvement as expected. In line? "Seeing increased demand for temporary and event driven technology as clients’ customers return to their stores and other locations." [SP=0.08 Cap=1m]

In line: FOXT
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian

MrContrarian
Lemon Quarter
Posts: 1769
Joined: November 4th, 2016, 2:45 pm
Has thanked: 43 times
Been thanked: 1605 times

Re: MrC's Smallcap Sweeps for May 2022

#503907

Postby MrContrarian » May 31st, 2022, 7:49 am

Smallcap Sweep. 31-May-22
Body-slamming baloney

Supply@ME Capital (SYME) hauls FY21 out on last possible day. Rev £0.5m (£1.1m). Loss £12.2m (£2.8m). No current trading stmt. Material uncertainty going concern stmt. Mr Bull (a NED, no really) says "I look forward to the new dimension the business will add to the global supply chain finance landscape as it continues to grow." But it shrunk last FY! [SP=0.07 Cap=33m]
Arricano Real Estate (ARO) the Ukraine co says each of its centres are fully open, albeit trading at lower levels than in the same period last year. FY audit won't be ready by end June (due to the war) so shares will be suspended on July 1. [SP=0.4 Cap=28m]
Sportech (SPO) CEO resigns on day of AGM! He will continue to support the Group in concluding various current initiatives. He is thanked. Trading in line. [SP=23.72 Cap=24m]
OTAQ (OTAQ) wins contract to deliver OTAQ’s bespoke precision tracking devices for a major cycling event in France. No £££. [SP=21 Cap=8m]
PCF (PCF) approach from Castle Trust Capital. PCF shareholders would have a small minority position in the combined group. [SP=8.7 Cap=21m]
eEnergy (EAAS) hikes holding in MY ZeERO smart metering and analytics platform from 51% to 85.5%. Since 16 March interims, meters under contract have increased by 33% to 522. [SP=8.19 Cap=28m]
Chill Brands (CHLL) Open offer as promised, at 12p per unit. Comes with 5 convertibles with a 2p strike, SP is 2.5p. SP was 3p when placing was made. [SP=2.53 Cap=5m]
CPP (CPP) extends contract to end 2024 with its largest business partner, in India, Had to cut price, as mooted, so hits this year's EBITDA expectations, but should be recovered in 2023 and 2024. The new IT platform in India will take longer and cost significantly more over next 2 yrs. Cuts EBITDA guidance to £5.8m-6.3m for this and next FY. Recent Q rev up 4%, in line. [SP=245 Cap=21m]
GYG (GYG) guides FY22 in line but superyacht mkt could be hit by the war and global downturn. [SP=35 Cap=16m]

In line: BILN
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

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

@MrContrarian


Return to “Stocks and Share Dealing Discussions”

Who is online

Users browsing this forum: No registered users and 9 guests