MrC's Smallcap Sweeps for July 2019

[MrContrarian]

Smallcap Sweep. 29-Jul-19
Leaf spouts cash.

i-nexus Global (INX) warns FY rev and cash below Board's expectations but EBITDA in line. Still has sufficient funding to execute on its growth strategy.
YouGov (YOU) guides FY comfortably ahead of expectations (whose?). Cash conversion poor here.
Liontrust Asset Mgmt (LIO) approach by Neptune Investment Management Limited.
Eden Research (EDEN) has received a 120 day "emergency use" authorisation for fungicide, Mevalone, in France for apples. "We are working actively with Sumi Agro to support the full authorisation of Mevalone for use in the treatment of pome fruit storage disease." No idea on numbers.
Leaf Clean Energy (LEAF) to return 101p/sh. Will retain an equivalent cash amount to the interest award of $30m together with its best estimate of further costs and potential liabilities until final resolution of Invenergy's appeal on interest. LEAF very likely to win in appeal IMO.


Notes (do not rely on the data)
INX: Price=33. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
YOU: Price=528. Cap=559m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
YouGov is a market research agency company. Its suite of products consists of YouGov BrandIndex, YouGov Reports, and YouGov Profiles. Other services offered are YouGov Omnibus service and custom research by sector specialists.
LIO: Price=814. Cap=413m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Liontrust Asset Management is a fund management company. Its investment objective is to outperform relevant benchmarks and the average returns of their respective peer groups over the medium to long term.
EDEN: Price=10.01. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Eden Research is a UK based company engaged in the development and marketing of intellectual property, particularly in terpenes and other health related projects. It operates through Biocides, Human health, and Agrochemical segments.
LEAF: Price=125. Cap=69m. 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. 30-Jul-19
Xpediator delivers unwelcome package.

Xpediator (XPD) warns FY materially below market expectations despite rev in line. Blames 6 factors which isn't a good look.
Immotion Group (IMMO) £2m placing at 6.75p, a 14% discount, to fund rollout of its roll out of its VR Partnership Model into high footfall locations.
Transense Technologies (TRT) guides FY rev ahead of board expectations at approximately £2.2m., up 7%. Posttax loss also better.
FireAngel (FA.) guides H1 ahead of budget but keeps in line for FY.
James Halstead (JHD) FY rev and profit will be at a 'record level' but represents 'modest growth'. F/C rev growth 4% so I'm none the wiser. Saying 'record level' isn't helpful. My age is at a 'record level' every year!
Carclo (CAR) despite signing a financing agreement it delays FY again. Delay will breach Listing Rules. Blames "continuing discussions regarding a potential sale of the Wipac business, together with the potential implications of the previously reported poor performance of that business." I guess shares will be suspended on 1 Aug.


Notes (do not rely on the data)
XPD: Price=50.5. Cap=69m. 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.
IMMO: Price=7.95. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
TRT: Price=59.06. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Transense Technologies develops non-contact batteryless sensors and their electronic interrogation systems for automotive and industrial applications. The firm with its subsidiary also provides tyre management solutions for the truck and OTR markets.
FA.: Price=34. Cap=26m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
JHD: Price=512. Cap=1066m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
James Halstead manufactures and distributes flooring products. Its portfolio of brands includes Polyflor, Polysafe, Expona, Performa, Saarfloor Systems, Megastrong, Camaro, Colonia, Kudos, Expona Domestic, Voyager, Forest fx, Cavalio, and Arai.
CAR: Price=12.11. Cap=9m. 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.

* 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. 31-Jul-19
Brave Bison gouges holders.

Thalassa (THAL) moves into fintech. Acquisition by issuing shares in a subsidiary. Chmn Duncan Soukup moves in mysterious ways.
Elektron Technology (EKT) as planned, sells Elektron Technology UK Limited for £105m +/- cash & working cap adj. Net proceeds after all costs c.£94m. Will leave group with net cash of £95m. Directors will get £3m in comp for cancelling their LTIP.
IDOX (IDOX) acquisition for up to £7.15m and placing at at 28.5p, a 3% discount.
GYG (GYG) guides FY ahead of current market expectations. CFO will not return after her maternity leave. She is thanked. Interim CFO will continue.
Mobile Tornado Group (MBT) placing and debt conversion at 5p, a 4% premium.
Brave Bison (BBSN) H1 trading. Guides FY material reduction in revenue and adjusted EBITDA versus current market expectations.
hVIVO (HVO) FD resigns. She is thanked.
Gore Street Energy (GSF) fails to raise £15m as planned. National Treasury Management Agency waives its £15m fundraise condition and will invest more than planned. Extends placing deadline by a few days.


Notes (do not rely on the data)
THAL: Price=78.36. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Thalassa Holdings is a British Virgin Island international business company. The company has only one operating segment being operations from geophysical project management, services and the supply of equipment.
EKT: Price=48.38. Cap=90m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Elektron Technology designs, manufactures and markets products that connect, monitor and control. Its segments include Bulgin, Checkit and Instrumentation, Monitoring and Control (IMC).
IDOX: Price=29.06. Cap=121m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IDOX is a provider of application to the United Kingdom local government related to land, people and property. In addition, it provides software solutions to the public and private sector.
GYG: Price=52.58. Cap=25m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GYG is a superyacht painting supply and maintenance company, offering services through operations in the Mediterranean, Northern Europe and the United States.
MBT: Price=4.6. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mobile Tornado Group provides instant communication services serving the mobile data services market in the mobile communication industry. The company offers solutions including Instant Talk, Instant Locate, Instant Alert, and Instant Message.
BBSN: Price=1.94. Cap=12m. 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.
HVO: Price=19.5. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
hVIVO is a specialty biopharma company. It provides technology platform of human disease models to accelerate drug discovery and development in respiratory and infectious diseases.
GSF: Price=88.84. Cap=NA. 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