MrC's Smallcap Sweeps for June 2019

[MrContrarian]

Smallcap Sweep. 03-Jun-19
KCOM bid KO

KCOM (KCOM) gets better offer of 108p vs 97p.
Scapa Group (SCPA) US customer terminates 5 year $30m PA contract 3 years early. SCPA will challenge.
Argo Blockchain (ARB) raises Q2 rev guidance by 37%.
Dunedin Enterprise (DNE) another capital return of £5.2m.
Lightwaverf (LWRF) H1 contains this risible outlook stmt "On a daily basis we are seeing the real opportunity for the Lightwave smart home brand to achieve significant UK and international scale."


Notes (do not rely on the data)
KCOM: Price=97. Cap=501m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
KCOM Group is engaged in providing consulting, integration and managed services for the enterprise customer, communication-based services for businesses and phone and broadband-based services for the Hull and East Yorkshire consumer market.
SCPA: Price=294. Cap=456m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Scapa Group is a supplier of bonding solutions and manufacturer of adhesive-based products for the healthcare and industrial markets. The company is organized into two main segments: Healthcare and Industrial.
ARB: Price=5.35. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DNE: Price=350.4. Cap=73m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LWRF: Price=7.02. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LightwaveRF designs and develops devices and software to remotely operate and control household applications including lighting, heating, security and power through smartphones and other web-based applications.

* 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. 04-Jun-19
UK's most agreeable NED?

Cloudcall (CALL) wins contract, worth minimum £1.1m over three years. Says it's 'significant' but that's only 3% of F/C rev.
Billington (BILN) wins two contracts worth £30m tot.
Haynes Publishing (HYNS) guides FY adj pretax to exceed market expectations by c.10% and up c. 24% YoY.
Mirriad Advertising (MIRI) appoints the perfectly named Bob Head as NED.
AO World (AO.) FY loss natch'. The returning king John Roberts puts rhetoric on max spin: "The AO model is an eco-system of complementary competencies across retail, mobile, recycling and logistics through to financial services and B2B trade. We have huge structural advantages when these capabilities operate in harmony."
Northbridge Industrial Services (NBI) AGM stmt reiterates improving market (see 11Apr RNS). 12 month trailing EBITDA up 78% at end April.


Notes (do not rely on the data)
CALL: Price=98.75. Cap=26m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cloudcall Group provides software and cloud services. The Company develops and provides a suite of cloud based software products and services for organisations to use their communications more effectively.
BILN: Price=345.2. Cap=44m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Billington Holdings through its subsidiaries operates as a designer, manufacturer and installer of structural steelwork. It is also a supplier of safety solutions and barrier systems to the construction industry.
HYNS: Price=200. Cap=12m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Haynes Publishing Group is engaged in the production and sale of automotive and motorcycle repair manuals. It publishes books on motoring, transport, family, and do it yourself related areas with operations in UK, Europe, North America and Australia.
MIRI: Price=5. Cap=5m. 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.
AO.: Price=110. Cap=519m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AO World is an online retailer of domestic appliances. The Company sources, sells and delivers domestic appliances, including washing machines, and washer dryers as well as small domestic appliances including vacuums, and floor cleaners.
NBI: Price=170. Cap=47m. 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.

* 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. 05-Jun-19


K3 Capital Group (K3C) guides adj EBITDA at the upper end of the market guidance of 5 Apr.
Fox Marble (FOX) FY rev up 17%, "growth has not been as strong as expected". Blames quarry production volumes in Maleshevë. Pretax -€2.3m (-€3.4m). No f/c. Optimistic outlook. Going concern stmt.


Notes (do not rely on the data)
K3C: Price=110.88. Cap=47m. 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.
FOX: Price=6.51. Cap=16m. 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.

* 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. 06-Jun-19


Xpediator (XPD) musical executive chairs as CEO -> exec. chmn, CFO -> CEO, chmn -> senior NED. Trading in line.
Joules (JOUL) guides FY pretax top end of the range of external analyst forecasts.
CMC Markets (CMCX) Grant Foley, COO & FO, resigns, effective tomorrow. He is not thanked.


Notes (do not rely on the data)
XPD: Price=44.9. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Xpediator is an integrated freight management business. The Group has three main business areas: freight forwarding services; logistics and warehousing; and transport services.
JOUL: Price=254.97. Cap=224m. 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.
CMCX: Price=89.4. Cap=258m. 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.

* 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. 07-Jun-19
SUN dims.

Surgical Innovations (SUN) weak Q2, blames Brexit. Guides rev still up but adj pretax down YoY.
Somero Enterprises (SOM) record rainfall in US hits construction starts. Guides rev $87m, EBITDA $28m. F/C rev 98.3m. "The positive US market conditions described in the Company's 14 March 2019 trading update have not changed and whilst we anticipate it will take some time for momentum to rebuild."
PHSC (PHSC) FY trading: rev £5.2m (£7m). EBITDA £320k (£92k). "The reduction in revenue is largely attributed to a significant decline in the sale of security solutions to retail clients as highlighted in our interim results." Accounts may have impairmanets and stock write-down.
Reach4Entertainment (R4E) closing loss making Dewynters Germany, will service Germany from UK. "Dewynters Germany was launched under r4e's previous management team."


Notes (do not rely on the data)
SUN: Price=3.97. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Surgical Innovations Group plc is principally involved in the design, development, manufacture, and sale of devices for use in minimally invasive surgery (SI) and precision engineering markets (PE).
SOM: Price=355. Cap=200m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Somero Enterprises Inc provides advanced concrete placing solutions. It provides concrete-leveling equipment, training, education and support to its customers that help them in installing horizontal concrete floors faster, flatter and with few people.
PHSC: Price=9.55. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PHSC PLC, through its subsidiaries provides health, safety, hygiene & environmental consultancy and training services to organizations across the UK.
R4E: Price=1.1. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
reach4entertainment Enterprises provides creative, advertising, marketing and other solutions to the theatrical, film and live entertainment industries.

* 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. 10-Jun-19
YOLO NAV may go low.

YOLO Leisure & Technology (YOLO) attempts to refinance or sell TVPlayer not going well. "It is unclear at present what return may be generated for shareholders in TVPlayer in the event of a sale of its business as a going concern or any of its assets." YOLO holds 3.28%, on the books at 0.86p/sh, 13% of its NAV.
HG Capital Trust (HGT) £80m placing at nil discount.
Seeing Machines (SEE) a 'leading North American self-driving car company' buys an initial $2.2m of Guardian Backup-driver Monitoring Systems.
Dods Group (DODS) confirms press speculation re merger talks with Merit Group. Any transaction would be financed by a combination of debt and equity.
Helical (HLCL) confirms press article that it has had bid approaches. Proposals have been at a significant discount to EPRA NAV and were rejected.
Agronomics (ANIC) raising up to £4.5m at 5p, a 9% discount. Cash will be used to invest in the alternative food sector. Jim 'Mixed Fortunes' Mellon holds 29%.
Redx Pharma (REDX) H1. Still desperately seeking silver. "It is imperative that we now conclude some of these discussions."


Notes (do not rely on the data)
YOLO: Price=4. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
YOLO Leisure and Technology is an investment company in the United Kingdom. Its objective is to provide stable income and capital growth for investors by mainly investing in the technology, travel, leisure and media sectors.
HGT: Price=217. Cap=810m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SEE: Price=3.19. Cap=107m. 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.
DODS: Price=7.4. Cap=26m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dods Group is a specialist content, media services and events company. It provides services through online information and digital services, training courses, conferences and events publications, and other media.
HLCL: Price=355. Cap=425m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Helical is a property investment and development company which operates across many sectors of the property industry. The company operates in two segments including investment & trading properties and development properties.
ANIC: Price=5.5. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
REDX: Price=5. Cap=7m. 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.

* 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. 11-Jun-19
Quiz shows it has no answers yet.

Quiz (QUIZ) FY as guided. Passes div Trading still challenging. Debenhams' closures: "QUIZ is present in ten of the affected stores. The annual turnover from these concessions is less than £2m PA. We note that these stores are likely to be open for most if not all of FY 2020."
Carclo (CAR) operating losses at Wipac, the main operating business in the Group's LED Technologies Division, have increased, with the business continuing to incur additional costs to meet growing customer demand. Looking at reversing the clearly disastrous move into higher volume segments. This would significantly reduce the Group's cash requirements for working capital and capital expenditure. Still in refinancing talks. "An interim Chief Restructuring Officer has been appointed to assist with these discussions." Is that some consultant with a big shovel to dig them out of the mire?
Spectra Systems (SPSY) wins contract worth $3.2m over 5 years commencing April 2020
Venn Life Sciences (VENN) FY. Current trading still poor: "continuation of prior year trends with low utilisation resulting in revenue and EBITDA being behind management forecasts for the year to date. Based on the current proposals book the Directors expect there should be an increase in revenues in the coming months."


Notes (do not rely on the data)
QUIZ: Price=28. Cap=35m. 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.
CAR: Price=22. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Carclo is a technology light-emitting diode (LED) plastics group which is engaged in four segments; Technical Plastics, LED Technologies, Aerospace and Conductive Inkjet Technology. The company is also a supplier of control cables in Europe.
SPSY: Price=132.88. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Spectra Systems Corp invents, develops and sells integrated optical systems that provide customers with increased efficiency, security tracking and product life. The integrated systems combine consumables and engineered optical materials.
VENN: Price=2.53. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Venn Life Sciences Holdings plc is engaged into a Clinical Research Organisation (CRO) providing a suite of consulting and clinical trial services to pharmaceutical, biotechnology, and medical device organizations.

* 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. 12-Jun-19
Paragon of incompetence.

Paragon Entertainmnt (PEL) reverse ferret on FY rev and profit guidance due to not understanding FRS15. Pretax now -£3m, was £2.5m to £2.7m. This is the second time it's done exactly yhe same thing! In March it increased the guided loss from £2.4m.
PCI Pal (PCIP) signs global extension to UK reseller contract with leading CCaaS and UCaaS vendor, 8x8 Inc). Also extended its existing partner relationship with a leading telecommunications company in Canada.
Slingsby (SLNG) AGM stmt. Five month rev up 3.5% "reflecting the lower level of growth seen during April and May 2019." Blames unwinding of Brexit stockpiling. Cautious regarding H1.
Anexo (ANX) AGM stmt. Strong trading, guides pretax ahead of current market expectations of £18.1m.


Notes (do not rely on the data)
PEL: Price=1.7. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Paragon Entertainment is engaged in the design and build of third party attractions and the ownership and operation of proprietary and licensed branded leisure attractions.
PCIP: Price=25. Cap=11m. 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.
SLNG: Price=85. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Slingsby (H C) is engaged in merchanting and distribution of a range of industrial and commercial equipment or various sectors, such as material handling and lifting, access, storage and shelving, safety and security.
ANX: Price=163.99. Cap=180m. 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

@MrContrarian

[MrContrarian]

Smallcap Sweep. 13-Jun-19
Zambeef still tough

Ten Lifestyle Group (TENG) wins concierge contract with a Chinese bank. Initially <£250k PA but is expected to grow into a Medium contract (up to £2m) within 12 months and over £2m in the coming years.
ValiRx (VAL) a keep-the-lights-on small placing at 0.2p, a 33% discount. Free warrants. Expects £550k cash soon from asset sale and R&D tax credit.
Nwf Group (NWF) guides FY above market expectations. No numbers.
Sopheon (SPE) AGM stmt: FY rev visibility from contracted business and recurring revenue streams is flat at $23m. "We expect this to rise sharply through the summer. In previous years we have typically had a stronger second half and fourth quarter in particular, and we expect 2019 to follow this pattern."
Zambeef Products (ZAM) H1. Outlook "We anticipate the macro-economic climate to remain challenging in H2. The depreciation of the Kwacha in May, and continued concerns...over Zambian government debt repayments, is likely to place renewed pressure on market sentiment, investment and ultimately consumer spending..."


Notes (do not rely on the data)
TENG: Price=83.48. 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.
VAL: Price=0.32. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ValiRx is a biopharmaceutical company. The Company is engaged in developing technologies and products in oncology therapeutics and diagnostics focused on the treatment of cancer and associated Biomarkers, specializing in epigenomic & genetic analysis.
NWF: Price=172. Cap=84m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NWF Group is engaged in manufacturing and selling of animal feeds, the sales and distribution of fuel oils and the warehousing and distribution of ambient groceries.
SPE: Price=1168. Cap=119m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Sopheon through its subsidiaries provides software, services and practices that help complex, global enterprises to improve R&D throughput and time to market, and to increase the value per product or service in their portfolio.
ZAM: Price=7.25. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Zambeef Products is an integrated agri-business company. The Company through its subsidiaries engages in the production, processing, distribution & retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed and flour.

* 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. 14-Jun-19


Cerillion (CER) wins a major contract worth an initial £5.1m with the Danish telecom and utility company, It 'supports existing market forecasts'.
Wincanton (WIN) wins 'significant' 5 year contract from Morrisons to manage all transportation planning and operations from three distribution centres.
St Peter Port Capital (SPPC) FY. NAV 17.21p/sh, down 17% due to write-downs. Still no progress on realising any of investments. Cost cutting of £340k PA, "Nevertheless, there is a minimum cost below which it is simply not possible for an AIM-traded, Guernsey company to operate." Exploring adding a new theme to investment strategy whilst continuing to seek the realisation of the Company's existing portfolio..
Biome Technologies (BIOM) commercial production of the new heat stable material has commenced. Expect sales imminently fot cutlery application and H2 for the long awaited rigid ring for the coffee pod market once final testing has been completed.
Alumasc Group (ALU) guides FY adj pretax 10-15% below its previous expectations.Will maintain the 7.35p FY div.


Notes (do not rely on the data)
CER: Price=138.5. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cerillion is a charging, billing and customer relationship management software company. It provides a comprehensive set of solutions across a range of industries including the finance, telecommunications and transportation industries.
WIN: Price=268. Cap=334m. 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.
SPPC: Price=6.1. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BIOM: Price=335. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Biome Technologies is an innovator and supplier of biodegradable natural polymers. The company operates in two segments, Bioplastics Division producing bio-degradable products and the Radio Frequency Division designing Radio Frequency furnaces.
ALU: Price=102.55. Cap=37m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Alumasc Group along with its subsidiaries is engaged in the design and supply of custom solar shading and architectural screening solutions mainly to commercial and public buildings in the UK and North America.

* 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. 17-Jun-19
STAF's serial stumbles, Kier cash crisis.

Staffline (STAF) another stumble as it delays results to 27 June, increases provisions to £7.9m and plans placement of £30m to deal with likely covenant breach.
Audioboom (BOOM) SPV set up to gtee minimum rev payments to some content providers. BOOM to pay 8% of net advertising revenue plus 2.5m warrants for every US$1m of gtee. SPV owned equally by the Chairman, and Candy Ventures, BOOM's largest shareholder. It's a bit whiffy.
Kier Group (KIE) fire sale including property division to cut debt. No divs for 2 years. Going to focus on cash generation and not crash generation.
Keywords Studios (KWS) CFO to leave. He is thanked.


Notes (do not rely on the data)
STAF: Price=239. Cap=67m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Staffline Group PLC, together with its subsidiaries, provides recruitment and outsourced human resource service.
BOOM: Price=1.98. Cap=27m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Audioboom Group PLC, through its subsidiaries, spoken-word audio platform for hosting, distributing and monetising content. Its hosting and distribution platform allows partners to embed, share via social channels and re-syndicate their content.
KIE: Price=130.8. Cap=212m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Kier Group is a property, residential, construction and services company. It invests in, builds, maintains and renews the places of work, live and play.
KWS: Price=1612. Cap=1041m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Keywords Studios plc provides technical services to the video game industry in Ireland, Japan, Italy, Canada, the United States, India, Singapore, the United Kingdom, Brazil, 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

[MrContrarian]

Smallcap Sweep. 18-Jun-19
Westminster chimes hopefully.

Pelatro (PTRO) wins contract from Asian telco. Also continues to contract for significant Change Requests. Together worth $1.5m.
Westminster Group (WSG) AGM: rabbit embryo pulled preaturely from hat - Letter of Intent for container screening services in Ghana. Still negotiating rates though. Hyperbolic outlook: "We have an opportunity to achieve unprecedented growth from the prospects we are pursuing".
Team17 (TM17) guides FY adj EBITDA and revenue ahead of market expectations.
Local Shopping REIT (LSR) Thalassa gives up harassing LSR and will support return of capital via tender offer at NAV. Thalassa will not participate in the tender so it may end up in control of LSR.


Notes (do not rely on the data)
PTRO: Price=71.64. Cap=23m. 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.
WSG: Price=5.66. Cap=8m. 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.
TM17: Price=244.1. Cap=320m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LSR: Price=26.9. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Local Shopping REIT (The) is a real estate investment trust. It owns a diversified portfolio comprising local shopping assets in urban and suburban centres throughout the United Kingdom.

* 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. 19-Jun-19
Brave Bison business boosting blather

Blue Prism Group (PRSM) acquires Thoughtonomy for £80m, 8.1x rev. houghtonomy is a SaaS based product and cloud services business that combines Blue Prism's robotic process automation (RPA) platform alongside additional embedded and integrated AI and cloud capabilities. It lost £3.6m in last FY.
Quartix (QTX) H1 trading. Guides FY rev £25m and adj EBITDA and FCF at least meeting market expectations. States F/C rev £24.1m, adj EBITDA £6.7m, FCF £5.4m.
Bagir Group (BAGR) rolls over and agrees long extension to Shandong Ruyi's paying overdue $13.2m for shares. Strong start to 2019, more cost cuts, means BAGR believes it has sufficient resources to support its day-to-day activities. Will they launch a hair shirt range from the Ethiopian factory?
ECSC Group (ECSC) AGM stmt: YTD rev flat, guides FY rev broadly in line with market expectations, positive EBITDA (excluding the impact of share-based payments). FY F/C rev up 21%. Agrees £500k invoice discounting facility.
Brave Bison (BBSN) AGM stmt: newish CEO says "My aim is to make positive changes which will strengthen our business." Positive! Good. Rebranding Facebook pages: "We will concentrate on delivering content which exudes originality and exclusivity to resonate with the needs of their followers." What need will the Daily Viral Stories page meet? To while away those tedious hours at work while the boss isn't looking?
Myanmar Investments (MIL) over half of holders support board's rejection of bid approach as it significantly undervalues the Company.
Randall & Quilter (RQIH) CEO resigns but will remain Executive Chairman. Alan Quilter and Dr Roger Sellek are to be appointed Joint CEOs.


Notes (do not rely on the data)
PRSM: Price=1753. Cap=1350m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Blue Prism Group operates in the field of robotic process automation. The Company supplies software robots that can be trained to automate routine back-office clerical tasks.
QTX: Price=260. Cap=122m. 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.
BAGR: Price=1.33. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Bagir Group is a tailoring provider engaged in developing, manufacturing and marketing of men and women’s tailored fashions. The company markets its suits, jackets, and trousers under retail private brands.
ECSC: Price=72. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ECSC Group provides cyber security services. Its solutions include incident response, technical penetration testing, cyber security reviews, managed services and consulting to help clients achieve ISO 27001 information security certification.
BBSN: Price=1.46. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Brave Bison Group monetizes online video content. The Company is engaged in online video content marketing with particular emphasis on social media talent. It brings together Content Owners, Creators, Brands and Publishers.
MIL: Price=0.85. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Myanmar Investments International is an investment company. Its business involves mainly investing in companies based in Myanmar engaged in businesses such as infrastructure, agriculture, consumer goods and logistics.
RQIH: Price=176.6. Cap=346m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Randall & Quilter Investment Holdings Ltd, together with its subsidiaries, owns & manages insurance companies, live and in run off, as underwriting managers for active insurers, as participators and managers of Lloyd's Syndicates.

* 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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[MrContrarian]

Smallcap Sweep. 20-Jun-19


Premier Technical Services Group (PTSG) recommended offer of 211p (inc next div), a 142% premium.
Best of the Best (BOTB) FY slightly ahead of management's expectations. with rev up 14%, adj ESP 17.62p up 32%.


Notes (do not rely on the data)
PTSG: Price=87. Cap=110m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Premier Technical Services Group provides access and safety services in the UK. It is engaged in the design, installation, and testing of electrical systems and also carries out high-level cleaning services.
BOTB: Price=318. Cap=30m. 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.

* 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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[MrContrarian]

Smallcap Sweep. 21-Jun-19
IQE waning wireless wafer worry

IQE (IQE) guides FY rev only £140m to £160m vs F/C £175m. Blames a reduction in forecasts from a number of mobile chip customers. Warned in May that it "may experience some delay to orders and the potential for adjustment of supplier managed inventory levels, predominantly in its Wireless"
Goals Soccer Centres (GOAL) Sports Direct lashes GOAL's decision to appoint a division of GOAL's auditors to investigate the VAT underpayment, and not Kroll as SPD requested. " It is the Company's position that they are 100% sure that the matters under investigation were carried out by one individual."


Notes (do not rely on the data)
IQE: Price=71.42. Cap=565m. 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.
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.

* 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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[MrContrarian]

Smallcap Sweep. 24-Jun-19
MySale fire sale as sales fail

MySale (MYSL) Everything must go! Or maybe not. Hoists for sale flag for all or parts to raise additional capital to support the ongoing restructuring and rationalisation. Trading still challenging. A$1.96m write off of asset that is no longer deemed recoverable, no cash effect of F/C. Costs cut from A$74m in FY18 to A$35m. May need extra short term cash.
Nektan (NKTN) target of achieving EBITDA breakeven in FY19 will not be achieved due to the slower trends experienced in Q3 continuing into Q4. Q1 Confident of Q1-20 rev grown on Q4. Which is what it said about Q4 after Q3.
Spectra Systems (SPSY) does not have enough shareholder votes to achieve a quorum at its AGM. Does not say AGM is postponed, as it has before.


Notes (do not rely on the data)
MYSL: Price=6.7. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MySale Group operates an online retail and wholesale business selling men's, ladies and children's apparel, accessories, beauty and homeware items.
NKTN: Price=10.25. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nektan provides international gaming solutions and services. Its products are White Label casino, Game distribution, Game studios and North America.
SPSY: Price=138. Cap=63m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Spectra Systems Corp invents, develops and sells integrated optical systems that provide customers with increased efficiency, security tracking and product life. The integrated systems combine consumables and engineered optical materials.

* 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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[MrContrarian]

Smallcap Sweep. 25-Jun-19
FireAngel starting to warm up

1pm (OPM) guides FY EPS up only 2%. Extra investment in FY20 to deliver growth plan means FY20 will be "one of investment and consolidation with future benefits being derived from these actions in ensuing years." Smells like a fancy sauce to make needed spending more palatable.
FireAngel (FA.) guides H1 slightly ahead of budget.
D4T4 Solutions (D4T4) FY lightly ahead of market expectations with rev up 37%, adj EPS up 57%.
Gear4music (G4M) FY slight beat with rev up 48%, pretax -£0.2m. Outlook: "starting to see the benefits of a more rigorous focus on margin".


Notes (do not rely on the data)
OPM: Price=42.96. Cap=38m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
1pm is a provider of financial services. Its offering includes lease finance, hire purchases and business loans.
FA.: Price=37.58. Cap=29m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
D4T4: Price=250.5. Cap=98m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
D4t4 Solutions provides products and services for data management, collection, analytics and data solutions.
G4M: Price=225.1. Cap=47m. 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.

* 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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[MrContrarian]

Smallcap Sweep. 26-Jun-19
BON humiliated as it accepts lowball offer

RPS (RPS) guides FY materially below management and market expectations which are fee income £594m, pretax £50m.
Image Scan (IGE) guides FY loss due to gov'ts delaying portable X-ray machine orders. So many cos fail to account for gov't bureaucracy, incompetence and indecision in their plans.
Air Partner (AIR) AGM stmt. Expects to meet F/C but H2 weighted.
Vianet (VNET) AGM stmt: first 2 moths slightly ahead of the Board's expectations.
Bonmarche (BON) trading so poor it swivels from telling Spectre Holdings to get lost with its 11.445p mandatory offer to yes please. That's a 26% discount!
Avingtrans (AVG) guides FY rev £104m, 8% ahead of F/C, adj pretax .£5.2m, 21% ahead.


Notes (do not rely on the data)
RPS: Price=167. Cap=378m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RPS Group advises on development & management of built, natural environment, transport, water & power resources & exploration & production of oil & gas & other natural resources & energy infrastructure.
IGE: Price=1.34. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Image Scan Holdings is engaged in designing, manufacturing and supply of portable and fixed x-ray security screening systems to governments, security organisations and law enforcement agencies.
AIR: Price=85. Cap=44m. 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.
VNET: Price=129. Cap=37m. 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.
BON: Price=15. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Bonmarche Holdings is a women's fashion retailer. It sells stylish, premium quality clothing and accessories in a wide range of sizes to mature women via its own stores, website, mail order catalogues and through the Ideal World TV shopping channel.
AVG: Price=229.95. Cap=72m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avingtrans is engaged in providing engineered components, products, systems and services to the energy, medical and traffic management industries 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
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[MrContrarian]

Smallcap Sweep. 27-Jun-19


Scientific Digital Imaging (SDI) hikes FY guidance: rev £17.4m, adj pretax (before amortisation of acquired intangibles, share based payments and acquisition and reorganisation costs) at least £2.9m. F/C £16.6m, £2.5m.
Staffline (STAF) £41m placing and open offer at 100p, a 33% discount. STAF was 1200p only 6 months ago.
Leaf Clean Energy (LEAF) Invenergy have threatened to appeal. It has until July 15 to do so, so no payout until after then.


Notes (do not rely on the data)
SDI: Price=53.7. Cap=52m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Scientific Digital Imaging designs and manufactures scientific and technology products for use in applications including life sciences, healthcare, astronomy, consumer manufacturing and art conservation.
STAF: Price=150. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Staffline Group PLC, together with its subsidiaries, provides recruitment and outsourced human resource service.
LEAF: Price=125.55. Cap=66m. 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
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[MrContrarian]

Smallcap Sweep. 28-Jun-19
FCCN Sale extended!

EQTEC (EQT) placing (with warrants) at 0.33p, a 3% discount, to cut debt.
Versarien (VRS) sells initial 12Kg of graphene to US O&G drilling co. Holders will be very excited at an actual sale of product.
Dods Group (DODS) 'transformative' acquisition for £22.4m. Placing and open offer at 6.5p, a a 24% discount.
IDE Group (IDE) terrible and tardy FY18 results as expected. current trading is adj EBITDA positive.
Wilmington (WIL) a flat Q4 means FY only broadly in line with expectations guided at start of FY. Rev growth towards lower end of previously anticipated low single digit range.
DeepMatter Group (DMTR) FD resigns immediate effect, replaced today. He is thanked.
French Connection (FCCN) Stephen Marks does like talking. Still in offer talks with a number of parties. Offer period extended to Sept, 11 months after For Sale sign went up!
CVS Group (CVSG) guides FY rev in line, adj EBITDA comfortably above current consensus market expectations.


Notes (do not rely on the data)
EQT: Price=0.34. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
EQTEC is a developer and operator of energy infrastructure using clean technologies. It provides Biomass Electricity and Heat sector in the United Kingdom.
VRS: Price=105. Cap=162m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Versarien is engaged in the engineering materials business developing valuable new materials through the commercialization of new manufacturing processes.
DODS: Price=8.35. Cap=29m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dods Group is a specialist content, media services and events company. It provides services through online information and digital services, training courses, conferences and events publications, and other media.
IDE: Price=1.05. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IDE Group Holdings is a provider of specialist IT solutions and managed services. Its service offerings include cloud and hosting, network and connectivity, collaboration, cyber security, managed services, and IT asset management.
WIL: Price=202. Cap=177m. 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.
DMTR: Price=2.7. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
FCCN: Price=37.2. Cap=36m. 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.
CVSG: Price=618.5. Cap=437m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CVS Group is a veterinary service provider operating across England, Scotland and Wales. The company facilitates it veterinary services through its diagnostics, laboratory reports, along with pet cremation services.

* 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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@MrContrarian