Mr's Smallcap Sweeps for April 2018

[MrContrarian]

Smallcap Sweep. 30-Apr-18

Velocity Composites (VEL) H1 and warns FY below mkt forecasts because "some programmes that the Company has been working on have seen short term reductions in demand signals and these fluctuations have affected some rates of growth with existing customers." Will have a reduced knock-on effect in future years, as contracts will achieve full production later than anticipated.
UP Global Sourcing (UPGS) H1 & FY in line. Is there a better named CEO for fronting a company? Simon Showman.
Ten Lifestyle Group (TENG) a leading lifestyle and travel platform for the world's wealthy and mass affluent. Is 'mass affluent' fat people? Guides FY rev for FY2018 and 2019 approximately £6m and £10m below previous expectations but EBITA loss in FY2018 materially less than previous expectations due to better operational efficiency. Profitability in FY2019 will be lower than previous expectations as delayed investment spent. Gives four reasons for the rev miss. usually a sign of not taking it on the chin.
Sanderson Group (SND) guides H1 slightly ahead of management's expectations.
Sealand Capital (SCGL) suspended - will not be able to publish its audited FY accounts for 2017 due to a delay in the audit.


Notes (do not rely on the data)
VEL: Price=63.07. Cap=21m. F/C for current FY*: EPS= 5.5, Prospective PE= 11.5, Revenue=NA.
Velocity Composites is a manufacturer of advanced carbon fibre and ancillary material kits for use in the production of aircraft. It offers structural material kits, engineering vacuum bag material kits, and process optimisation products.
UPGS: Price=36.75. Cap=31m. F/C for current FY*: EPS= 4.8, Prospective PE= 7.7, 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.
TENG: Price=150. Cap=125m. 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.
SND: Price=88.5. Cap=50m. F/C for current FY*: EPS= 6.39, Prospective PE= 13.8, Revenue=NA.
Sanderson Group is a provider of software solutions and IT services, to the multi-channel retail and manufacturing sectors.
SCGL: Price=5.02. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sealand Capital Galaxy intends to acquire company or business in the internet social media sector. The Company's objective is to take advantage of opportunities to invest in the social media sector & to operate the business that it acquires.

* 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