MrC's Smallcap Sweeps for Mar 2019

[MrContrarian]

Smallcap Sweep. 27-Mar-19
Goals explosion.

Goals Soccer Centres (GOAL) Previous CFO left a hand grenage in the accounts tray. GOAL owes at least £12m VAT after 'misdecleration' over several years. Future profits may be hit. DIscussions with lenders. Shares suspended.
Gresham Technologies (GHT) wins £5m contract over 5 years. £0.9m is expected to be recognised in 2019.
Accesso (ACSO) FY rev up 16%, adj EPS up 24% but U/L FCF down 69% to £2.4m. Organic rev up 8%. Will be spending more on R&D oner 2-3 years to meet customers needs. Guides high single digit organic rev growth this FY.
Debenhams (DEB) Mashley makes indicative offer of 5p, a 127% premium and would also assist Debenhams in addressing its immediate funding requirements. Guess what the condition is? Mashley as CEO immediately, and to stop refinancing talks. I think that's a good deal for holders.
Frontier IP Group (FIPP) H1 NAV/sh 38.8p up 5.6p in half. Guides FY ahead of management expectations.
LXB Retail Properties (LXB) will delist on 29 April as part of winding up.
Mirriad Advertising (MIRI) New CEO rubbishes previous strategy, outline his great plans. Lots of MBA talk: "Pursue one vision, one strategy and one plan that focuses the company on its path to success and ensures that all resources are aligned to the opportunity."


Notes (do not rely on the data)
GOAL: Price=27.2. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Goals Soccer Centres is engaged in the operation of outdoor soccer centres across the United Kingdom.
GHT: Price=85.52. Cap=58m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gresham Technologies is a software services company providing a real-time transaction control and enterprise data integrity solutions. The company operates in two reportable segments; Clareti Solutions and Other Solutions.
ACSO: Price=860. Cap=235m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
accesso Technology Group is a software company engaged in the development and application of ticketing, mobile and eCommerce technologies and virtual queuing solutions for the attractions and leisure industry.
DEB: Price=2.2. Cap=27m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Debenhams through its subsidiaries is engaged in the sale of fashion clothing and accessories, beauty and gifting products and products for use in the home.
FIPP: Price=80. Cap=34m. 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.
LXB: Price=1.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MIRI: Price=9.1. Cap=10m. 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.

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

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

@MrContrarian

[MrContrarian]

Smallcap Sweep. 28-Mar-19


Pelatro (PTRO) wins £0.7m contact, recognised this FY.
Volex (VLX) guides FY ahead of market expectations Rev at least $365m up 13%. Intends to resume dividend.
Forbidden Technology (FBT) FD leaves 2 April "leaving the Company to pursue other opportunities after an appropriate handover period." He is not thanked.
Debenhams (DEB) majority of holders of 5.25% Senior Notes due 2021 have provided consent to the amendments needed for refinancing. No response to Mashley's 5p offer.


Notes (do not rely on the data)
PTRO: Price=88.15. Cap=29m. 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.
VLX: Price=85.23. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Volex is a supplier of power and data cabling solutions. The Company offers its products to consumer electronics, telecommunications, data centers, medical equipment and the automotive industry.
FBT: Price=6.61. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Forbidden Technologies is engaged in development and commercial exploitation of cloud-based video technology used for its Forscene professional editing suite, its video social network, eva, and its online video editor, Captevate.
DEB: Price=2.8. Cap=34m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Debenhams through its subsidiaries is engaged in the sale of fashion clothing and accessories, beauty and gifting products and products for use in the home.

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

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

@MrContrarian

[MrContrarian]

Smallcap Sweep. 29-Mar-19
Fertile time for Concepta

Concepta (CPT) Boots to sell myLotus women's fertility and hormone testing kit.
Mobile Streams (MOS) H1 rev halved. Warns on H2. Blames developments amongst the telecom operators and increased regulations in INdia.
Renewi (RWI) Guides 2019 in line but 2020 EBIT around €25m lower (worst case) if no shipments of thermally treated soil from ATM. Dutch authorities require additional tests and may not allow the interim waiver to continue.
Parity Group (PTY) a framework contract for the placement of staff it has with the Scottish government is not being renewed. Guides rev hit of 10% but profit still in line since it is low margin work and better performance is rest of group.
Numis Corporation (NUM) recent trading improved but mkt challenging as stated in Feb so still guides H1 rev down 26%.
HydroDec (HYR) confident volumes & production will exceed its original expectations. US review of the Government's oil recycling strategy seen as hugely positive.


Notes (do not rely on the data)
CPT: Price=3.33. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Concepta is engaged in health diagnostics for women's fertility and specifically unexplained infertility. Concepta's portfolio of products includes MyLotus Meter, Ovulation Test, Pregnancy Test and Fertility App.
MOS: Price=0.35. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mobile Streams is engaged in the sale of mobile content through Multi-National Organisation's, the sale of mobile content over the internet and the provision of consulting and technical services.
RWI: Price=24.15. Cap=193m. 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.
PTY: Price=8.63. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Parity Group is a services company providing professional recruitment, IT solutions and people development services from its offices in London, Manchester, Edinburgh and Belfast.
NUM: Price=255. Cap=272m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Numis Corp is a United Kingdom-based company that offers investment banking and stock broking services to corporate and institutional clients in the United Kingdom and the United States.
HYR: Price=65. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hydrodec Group is a specialist re-refiner of industrial oils. The company re-refine used and contaminated waste oil to produce, market and distributes SUPERFINE transformer oil and naphthenic base oil.

* 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