Mr's Smallcap Sweeps for March 2018
Posted: March 1st, 2018, 7:57 am
Smallcap Sweep. 01-Mar-18
Koovs needs a new script writer, I've seen all these jokes before. One still made me laugh though.
Carpetshite (CPR) now guides small underlying pre-tax loss in FY. "The Group is therefore proactively engaged in constructive discussions with its bank lenders in order to ensure it continues to comply with the terms of its prevailing bank facilities. The bank lenders have indicated that they currently remain fully supportive." Two words in there to make it sound better than it is. Also examining "a range of options to accelerate the turnaround of the business and strengthen its balance sheet."
Tandem (TND) FY trading. Rev down 4% but net profit expected to be significantly up. Toys'r'us bankruptcy: Tandem had stopped selling to them so no bad debt but "this has and will continue to have an adverse impact on revenue." 2018 trading more challenging. High levels of stock some of national retailers expected to have a negative impact. Rev to date and order book are currently down.
Plastics Capital (PLA) Curse of H2 weighting. H2 'very strong' but not enough. Bearings bearing down on group. Guides rev and adjusted EBITDA marginally below current market expectations
K3 Capital Group (K3C) FY trading is substantially ahead of management's expectations, guides rev £16m, EBITDA £7m.
Mi-Pay Group (MPAY) £260k placing at 12.5p, a 13% premium. Board musical chairs - chmn, CEO, CFO rotate. Trading in line.
Indigovision Group (IND) FY rev as guided, adj EPS -29.6c (+9c) 'before deferred tax'. Div passed. "It is expected that considerable progress in delivering the Group's strategy will be made in 2018 but this will not be reflected fully in it's operating results until 2019, consequently management is targeting to at least break even in the current year." Current trading encouraging.
Alpha Financial Markets Consulting (AFM) guides FY profits ahead of current market expectations.
Koovs (KOOV) Strategic Acceleration Plan up to £50m of further investment will be required to fund the acceleration plan. Koovs "continues to be actively engaged in a dialogue with potential capital providers, whilst prudently managing cash resources until the first round of new financing has been closed and the next stage of major capital investment in the Koovs journey begins." Trading is crap -guides H2 sales down, FY rev £14.5m (£18.6m). EBITDA -£14.4m (-£19.6m). "There is a clear opportunity to capitalise on the platform that we have built to unlock superior shareholder value over the coming years." LOL.
Notes (do not rely on the data)
CPR: Price=77.8. Cap=53m. F/C for current FY*: EPS= 3.27, Prospective PE= 23.8, Revenue=NA.
Carpetright and its subsidiaries are retailer of floorcoverings and beds in UK and Rest of Europe.
TND: Price=91. Cap=4m. 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.
PLA: Price=120.6. Cap=48m. F/C for current FY*: EPS= 10.8, Prospective PE= 11.2, Revenue=NA.
Plastics Capital is a specialist plastics products manufacturer focused on proprietary products for niche markets. It has two reportable segments: Industrial and Films.
K3C: Price=232. Cap=98m. F/C for current FY*: EPS= 6.4, Prospective PE= 36.3, Revenue=NA.
K3 Capital Group provides business brokerage and corporate finance services to owners across the UK in the small cap marketplace.
MPAY: Price=11. Cap=4m. F/C for current FY*: EPS= -1, Prospective PE= -11.0, Revenue=NA.
Mi-Pay Group delivers outsourced online and related payment solutions to digital ecommerce clients in the mobile sector, enabling them to monetize their online proposition risk free.
IND: Price=124. Cap=9m. F/C for current FY*: EPS= -20.19, Prospective PE= -6.1, Revenue=NA.
IndigoVision Group along with its subsidiaries designs and manufactures video security systems for large scale and complex security installations.
AFM: Price=160. Cap=161m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Alpha Financial Markets Consulting is a provider of consulting and related services to clients in the asset and wealth management industries.
KOOV: Price=10.62. Cap=16m. F/C for current FY*: EPS= -14.31, Prospective PE= -0.7, Revenue=NA.
Koovs is an online fashion retailer. The company and its subsidiaries are engaged in supplying fashion garments and accessories for sale by a third party through a website in the Republic of India.
* 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
Koovs needs a new script writer, I've seen all these jokes before. One still made me laugh though.
Carpetshite (CPR) now guides small underlying pre-tax loss in FY. "The Group is therefore proactively engaged in constructive discussions with its bank lenders in order to ensure it continues to comply with the terms of its prevailing bank facilities. The bank lenders have indicated that they currently remain fully supportive." Two words in there to make it sound better than it is. Also examining "a range of options to accelerate the turnaround of the business and strengthen its balance sheet."
Tandem (TND) FY trading. Rev down 4% but net profit expected to be significantly up. Toys'r'us bankruptcy: Tandem had stopped selling to them so no bad debt but "this has and will continue to have an adverse impact on revenue." 2018 trading more challenging. High levels of stock some of national retailers expected to have a negative impact. Rev to date and order book are currently down.
Plastics Capital (PLA) Curse of H2 weighting. H2 'very strong' but not enough. Bearings bearing down on group. Guides rev and adjusted EBITDA marginally below current market expectations
K3 Capital Group (K3C) FY trading is substantially ahead of management's expectations, guides rev £16m, EBITDA £7m.
Mi-Pay Group (MPAY) £260k placing at 12.5p, a 13% premium. Board musical chairs - chmn, CEO, CFO rotate. Trading in line.
Indigovision Group (IND) FY rev as guided, adj EPS -29.6c (+9c) 'before deferred tax'. Div passed. "It is expected that considerable progress in delivering the Group's strategy will be made in 2018 but this will not be reflected fully in it's operating results until 2019, consequently management is targeting to at least break even in the current year." Current trading encouraging.
Alpha Financial Markets Consulting (AFM) guides FY profits ahead of current market expectations.
Koovs (KOOV) Strategic Acceleration Plan up to £50m of further investment will be required to fund the acceleration plan. Koovs "continues to be actively engaged in a dialogue with potential capital providers, whilst prudently managing cash resources until the first round of new financing has been closed and the next stage of major capital investment in the Koovs journey begins." Trading is crap -guides H2 sales down, FY rev £14.5m (£18.6m). EBITDA -£14.4m (-£19.6m). "There is a clear opportunity to capitalise on the platform that we have built to unlock superior shareholder value over the coming years." LOL.
Notes (do not rely on the data)
CPR: Price=77.8. Cap=53m. F/C for current FY*: EPS= 3.27, Prospective PE= 23.8, Revenue=NA.
Carpetright and its subsidiaries are retailer of floorcoverings and beds in UK and Rest of Europe.
TND: Price=91. Cap=4m. 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.
PLA: Price=120.6. Cap=48m. F/C for current FY*: EPS= 10.8, Prospective PE= 11.2, Revenue=NA.
Plastics Capital is a specialist plastics products manufacturer focused on proprietary products for niche markets. It has two reportable segments: Industrial and Films.
K3C: Price=232. Cap=98m. F/C for current FY*: EPS= 6.4, Prospective PE= 36.3, Revenue=NA.
K3 Capital Group provides business brokerage and corporate finance services to owners across the UK in the small cap marketplace.
MPAY: Price=11. Cap=4m. F/C for current FY*: EPS= -1, Prospective PE= -11.0, Revenue=NA.
Mi-Pay Group delivers outsourced online and related payment solutions to digital ecommerce clients in the mobile sector, enabling them to monetize their online proposition risk free.
IND: Price=124. Cap=9m. F/C for current FY*: EPS= -20.19, Prospective PE= -6.1, Revenue=NA.
IndigoVision Group along with its subsidiaries designs and manufactures video security systems for large scale and complex security installations.
AFM: Price=160. Cap=161m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Alpha Financial Markets Consulting is a provider of consulting and related services to clients in the asset and wealth management industries.
KOOV: Price=10.62. Cap=16m. F/C for current FY*: EPS= -14.31, Prospective PE= -0.7, Revenue=NA.
Koovs is an online fashion retailer. The company and its subsidiaries are engaged in supplying fashion garments and accessories for sale by a third party through a website in the Republic of India.
* 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