Smallcap Sweep. 01-Apr-20
Renew (RNWH) guides H1 (end March) in line. Operational across the majority of sectors, but experiencing disruption in certain areas. Ne debt £15m-£17m. Revolving facility of £44.2m. Passes div.
LPA Group(LPA) a number of UK and export customers have temporarily suspended operations. Co reducing production capacity. All three units will remain open. No financial comment.
Norcros(NXR) trading in line until recently. Guides U/L op profit £31m cf f/c £35m. China supply chain operating at close to normal levels. Operations and trading has ceased in SA. UK sales minimal. Groupin a strong financial position. YE net debt c.£40m and leverage 1.1x. Covenant 3x.
Christie Group(CTG) Stock & Inventory Systems & Services division's physical activities stopped. "Pharmacy counts continue where we see it as supporting an essential sector. The cloud based visitor attractions system remains fully operational, but understandably online traffic has slowed. Professional & Financial Services division continues to provide a restricted volume." Most staff on furlough. Guides FY loss. Has enough cash to survive.
Westminster Group(WSG) co has multiple revenue streams.Airport operations hit but product sales experiencing record enquiries. Q1 profitable with rev up 30% to £4m. £2.2m cash.
Air Partner(AIR) Feb & March profits well ahead of both budget. The order book for April is encouraging. Co positioned to cope with covid.
Kin and Carta(KCT) A few clients scaling back or suspend some projects, partial slow down in pipeline conversion. "78% of our revenue is from multi-year client engagements and as such we are seeing many large digital transformation programmes continue as planned." Cancels div. Discussing the £3m PA pension deficit contribution. Co doesn't anticipate liquidity constraints, but potential breach of current net debt to EBITDA covenant. Banks supportive.
Plutus PowerGen(PPG) won't develop new gas sites. Co has no ongoing operations or revenue but holds interests in existing FlexGen sites which are up for sale. Lenders are suspending the provision of further funds giving significant cash uncertainty. Dependent on support of creditors.
Zoetic (ZOE) US CBD division costs unlikely to be covered from product sales and cash balances in the US are low. UK OK. Selling 3m feminised hemp seeds to raise cash. US O&G div srtuggling.
Robinson(RBN) upturn in demand for some products including hand wash containers and other personal care, household and food packaging. "To the extent this is driven by stocking (as opposed to usage), this may reverse over time. The largest threats to our business are still to materialise." Financial position remains strong.
Finncap (FCAP) trading in line with Feb stmt. Expects H2 broadly breakeven. Still has strong pipeline of M&A deals for Q1 but expects a number of deals pulled or delayed. Passes div.
Seeing Machines (SEE) wins pre-production license deal with a major car mfr. $5m license fee by June.
Notes (do not rely on the data)
RNWH: Price=376. Cap=295m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Renew Holdings provides multidisciplinary engineering services to energy, environmental, infrastructure, and specialist building sectors in the United Kingdom.
LPA: Price=75. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LPA Group is engaged in designing, manufacturing & supplying LED based lighting & electro-mechanical systems and also distributes engineered components for rail, infrastructure and aviation; and aerospace & defence markets.
NXR: Price=125.5. Cap=101m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Norcros along with its subsidiaries is engaged in developing, manufacturing and marketing of home consumer products. The company offers showers, taps, bathroom accessories, tiles and adhesives in the United Kingdom and South Africa.
CTG: Price=86.5. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Christie Group offers a portfolio of professional business services for the leisure, retail and care sectors. It include surveying, valuation, agency, consultancy, finance, insurance, stock control and business software solutions.
WSG: Price=5.25. 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.
AIR: Price=46. Cap=25m. 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.
KCT: Price=61. Cap=103m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PPG: Price=0.03. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Plutus PowerGen generates power from flexible stand-by power generation farms. The Company sells power to energy supply companies during periods of peak electricity demand or grid instability.
ZOE: Price=5.35. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RBN: Price=52. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Robinson is a molded plastic and paperboard packaging products manufacturing company based in the UK. The company provides packaging products for food and beverage, cosmetics and toiletries, and household products and other industries.
FCAP: Price=17. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SEE: Price=1.65. Cap=56m. 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.
* 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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MrC's Smallcap Sweeps for Apr 2020
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MrContrarian
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MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 02-Apr-20
Part 1/2
Pets at Home(PETS) guides FY (Mar) U/L pretax slightly ahead of expectations due to recent exceptional levels of demand. Expects reduced demand of vet services. No FY21 guidance.
Gear4music (G4M) guides FY (march) profit ahead of previous expectations.
ULS Technology (ULS) guides FY(March) U/L pretax £4.7m despite recent lower conveyancing volume. Cash over £2m after fully drawing down credit. Expects a sharp fall in revenue and profitability.
W.H. Ireland (WHI) made a loss in February and March. Guides FY(March) op loss £2.2m. Covid impact on Corporate and Institutional activity has been notable. Financial strength not mentioned.
Duke Royalty (DUKE) guides FY(March) royalty in line. Withdraws FY21 guidance. Co is 'conservatively geared.
Palace Capital(PCA) guides FY(March) U/L earnings broadly in line with expectations. Valuation of assets at 31 March will include a statement from the valuers highlighting material uncertainty. Rental income would have to fall by over 40% on average ton breach covenants. Gearing 34% with £14.7m cash. Cancels div.
KRM22(KRM) guides annual recurring revenue significantly lower than management expectations but still adj EBITDA positive. Sales cycles for contracts are extending due to high volatility in markets and trading volumes increasing workloads for customers and prospects. A few customers terminating or asking to defer payment. "Strengthening its balance sheet to meet its working capital needs over the next six weeks is critical, particularly in these turbulent and uncertain times. The Company will be talking to existing and potential new shareholders about a placing."
M&C Saatchi(SAA) sharp drop in demand in March. No guidance. Net cash £9m, £45m cash at hand. Co can operate within these covenant levels for the foreseeable future.
Shearwater Group(SWG) guides FY(March) U/L EBITDA over £3m. The software division has seen significantly higher levels of activity. Confident outlook.
AdEPT Technology (ADT) guides FY(March) rev and EBITDA in line with market expectations. Sales are 45% public sector. £12m cash at hand. Cancels div.
Omega Diagnostics (ODX) distribution of VISITECT CD4 350 test in Nigeria delayed. 50,000 test kits for each of 2 versions deferred into FY21. Guides FY EBITDA broadly in line with market expectations. CO is still stress-testing business forecasts.
Notes (do not rely on the data)
PETS: Price=240. Cap=1200m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Pets at Home Group is a national specialist retailer of pet food, pet-related products and pet accessories. It also operates small animal veterinary business by combined number of surgeries both in its stores and at standalone sites.
G4M: Price=170. Cap=36m. 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.
ULS: Price=34.5. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ULS Technology is a holding company. The Company provides SaaS online comparison service for for brokers, solicitors, estate agents, lenders, network/associations and customers.
WHI: Price=40. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
W H Ireland Group is a financial service provider in the United Kingdom. Its primary business is wealth management, which is inclusive of wealth management and independent advisory services and corporate broking solutions.
DUKE: Price=25.2. Cap=60m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PCA: Price=184. Cap=85m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Palace Capital is an investment company. The principal activity of the company is property investment, predominately in key regional towns and cities within the UK.
KRM: Price=48. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SAA: Price=31.5. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
M&C Saatchi is an advertising and marketing group. Activities carried out by the group include research agency services, direct marketing, digital advertising, mobile marketing, branding, corporate PR, TV production, sports sponsorship, among others.
SWG: Price=202. Cap=45m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Shearwater Group provides digital resilience solutions in United Kingdom.
ADT: Price=183.9. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AdEPT Telecom is an independent provider of voice and data communication services to both domestic and business customers. It offers fixed line calls, line rental, mobile and data connectivity products to business and residential customers in the UK.
ODX: Price=7.33. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
* 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
Part 1/2
Pets at Home(PETS) guides FY (Mar) U/L pretax slightly ahead of expectations due to recent exceptional levels of demand. Expects reduced demand of vet services. No FY21 guidance.
Gear4music (G4M) guides FY (march) profit ahead of previous expectations.
ULS Technology (ULS) guides FY(March) U/L pretax £4.7m despite recent lower conveyancing volume. Cash over £2m after fully drawing down credit. Expects a sharp fall in revenue and profitability.
W.H. Ireland (WHI) made a loss in February and March. Guides FY(March) op loss £2.2m. Covid impact on Corporate and Institutional activity has been notable. Financial strength not mentioned.
Duke Royalty (DUKE) guides FY(March) royalty in line. Withdraws FY21 guidance. Co is 'conservatively geared.
Palace Capital(PCA) guides FY(March) U/L earnings broadly in line with expectations. Valuation of assets at 31 March will include a statement from the valuers highlighting material uncertainty. Rental income would have to fall by over 40% on average ton breach covenants. Gearing 34% with £14.7m cash. Cancels div.
KRM22(KRM) guides annual recurring revenue significantly lower than management expectations but still adj EBITDA positive. Sales cycles for contracts are extending due to high volatility in markets and trading volumes increasing workloads for customers and prospects. A few customers terminating or asking to defer payment. "Strengthening its balance sheet to meet its working capital needs over the next six weeks is critical, particularly in these turbulent and uncertain times. The Company will be talking to existing and potential new shareholders about a placing."
M&C Saatchi(SAA) sharp drop in demand in March. No guidance. Net cash £9m, £45m cash at hand. Co can operate within these covenant levels for the foreseeable future.
Shearwater Group(SWG) guides FY(March) U/L EBITDA over £3m. The software division has seen significantly higher levels of activity. Confident outlook.
AdEPT Technology (ADT) guides FY(March) rev and EBITDA in line with market expectations. Sales are 45% public sector. £12m cash at hand. Cancels div.
Omega Diagnostics (ODX) distribution of VISITECT CD4 350 test in Nigeria delayed. 50,000 test kits for each of 2 versions deferred into FY21. Guides FY EBITDA broadly in line with market expectations. CO is still stress-testing business forecasts.
Notes (do not rely on the data)
PETS: Price=240. Cap=1200m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Pets at Home Group is a national specialist retailer of pet food, pet-related products and pet accessories. It also operates small animal veterinary business by combined number of surgeries both in its stores and at standalone sites.
G4M: Price=170. Cap=36m. 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.
ULS: Price=34.5. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ULS Technology is a holding company. The Company provides SaaS online comparison service for for brokers, solicitors, estate agents, lenders, network/associations and customers.
WHI: Price=40. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
W H Ireland Group is a financial service provider in the United Kingdom. Its primary business is wealth management, which is inclusive of wealth management and independent advisory services and corporate broking solutions.
DUKE: Price=25.2. Cap=60m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PCA: Price=184. Cap=85m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Palace Capital is an investment company. The principal activity of the company is property investment, predominately in key regional towns and cities within the UK.
KRM: Price=48. Cap=10m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SAA: Price=31.5. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
M&C Saatchi is an advertising and marketing group. Activities carried out by the group include research agency services, direct marketing, digital advertising, mobile marketing, branding, corporate PR, TV production, sports sponsorship, among others.
SWG: Price=202. Cap=45m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Shearwater Group provides digital resilience solutions in United Kingdom.
ADT: Price=183.9. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AdEPT Telecom is an independent provider of voice and data communication services to both domestic and business customers. It offers fixed line calls, line rental, mobile and data connectivity products to business and residential customers in the UK.
ODX: Price=7.33. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
* 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
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MrContrarian
- Lemon Quarter
- Posts: 1778
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 02-Apr-20
Part 2/2
SAGA(SAGA) guides FY(Jan) pretax in line. Has drawn £50m revolving credit facility, cash at hand £92m. £23m cash to come from the sale of Bennetts. Passes div. Bank agrees looser gearing covenant to July 21.
Benchmark (BMK) expects lower FY earnings. 3 year cycle of salmon production means that demand for salmon eggs is less affected by current reduced demand for salmon. Shrimp, sea bass and bream hit. ~£64m cash at hand.
Flowtech Fluidpower(FLO) Q1 was in line but sales currently trending down by around 30%. Co would need a prolonged 35% drop in revenue run rates before the business becomes broadly break-even. Credit extended to end of June 2021. Bank supportive on covenants. Passes div. "Despite the short-term trading disruption, the business should generate positive cashflow through 2020 and 2021."
Manolete Partners(MANO) Activity levels in March 2020 were high. "While there have been some delays in the Courts, very few of our cases go to Court and we have been conducting mediations and other Alternative Dispute Resolution meetings using video conferencing." Guides FY(March) gross proceeds £10.1m (£9.3m) and a 131% increase in new cases.
GRC International (GRC) demand dropped slightly in mid March while clients focused on the transition to remote working. Some clients have de-prioritised security and compliance projects while others are doing the opposite. £3.5m was raised in Feb.
Hollywood Bowl (BOWL) £15.6m cash at hand. Lenders increased credit by £10m and amended covenants. Passes div.
Notes (do not rely on the data)
SAGA: Price=16.92. Cap=190m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Saga offers general insurance products, package and cruise holidays, personal finance products, domiciliary care services and monthly subscription magazine.
BMK: Price=26.5. Cap=177m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Benchmark Holdings is a drug manufacturer in the United Kingdom. The company caters particularly aquaculture industry with its products such as animal health vaccines, medicines, biocides and diagnostics.
FLO: Price=54. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Flowtech Fluidpower is a distributor of technical fluid power products. The Company supplies its fluid power products to distributors and resellers of industrial maintenance, repair and operations products.
MANO: Price=432. Cap=188m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GRC: Price=15.97. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BOWL: Price=141.26. Cap=212m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hollywood Bowl Group is engaged in the operation of ten-pin bowling centres as well as the development of new centres and other associated activities. The company operates under Hollywood Bowl, AMF and Bowlplex 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
http://www.investegate.co.uk/index.aspx?limit=-1
@MrContrarian
Part 2/2
SAGA(SAGA) guides FY(Jan) pretax in line. Has drawn £50m revolving credit facility, cash at hand £92m. £23m cash to come from the sale of Bennetts. Passes div. Bank agrees looser gearing covenant to July 21.
Benchmark (BMK) expects lower FY earnings. 3 year cycle of salmon production means that demand for salmon eggs is less affected by current reduced demand for salmon. Shrimp, sea bass and bream hit. ~£64m cash at hand.
Flowtech Fluidpower(FLO) Q1 was in line but sales currently trending down by around 30%. Co would need a prolonged 35% drop in revenue run rates before the business becomes broadly break-even. Credit extended to end of June 2021. Bank supportive on covenants. Passes div. "Despite the short-term trading disruption, the business should generate positive cashflow through 2020 and 2021."
Manolete Partners(MANO) Activity levels in March 2020 were high. "While there have been some delays in the Courts, very few of our cases go to Court and we have been conducting mediations and other Alternative Dispute Resolution meetings using video conferencing." Guides FY(March) gross proceeds £10.1m (£9.3m) and a 131% increase in new cases.
GRC International (GRC) demand dropped slightly in mid March while clients focused on the transition to remote working. Some clients have de-prioritised security and compliance projects while others are doing the opposite. £3.5m was raised in Feb.
Hollywood Bowl (BOWL) £15.6m cash at hand. Lenders increased credit by £10m and amended covenants. Passes div.
Notes (do not rely on the data)
SAGA: Price=16.92. Cap=190m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Saga offers general insurance products, package and cruise holidays, personal finance products, domiciliary care services and monthly subscription magazine.
BMK: Price=26.5. Cap=177m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Benchmark Holdings is a drug manufacturer in the United Kingdom. The company caters particularly aquaculture industry with its products such as animal health vaccines, medicines, biocides and diagnostics.
FLO: Price=54. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Flowtech Fluidpower is a distributor of technical fluid power products. The Company supplies its fluid power products to distributors and resellers of industrial maintenance, repair and operations products.
MANO: Price=432. Cap=188m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
GRC: Price=15.97. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BOWL: Price=141.26. Cap=212m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hollywood Bowl Group is engaged in the operation of ten-pin bowling centres as well as the development of new centres and other associated activities. The company operates under Hollywood Bowl, AMF and Bowlplex 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
http://www.investegate.co.uk/index.aspx?limit=-1
@MrContrarian
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MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 03-Apr-20
Cenkos Securities (CNKS) guides FY(March) in line. Covid: co is fully operational and continues to operate as normal. "We continue to sign up quality clients, having added one this week, along with a number in the pipeline, and have the capacity to add many more to our stable."
Redcentric (RCN) guides FY(March) in line. 90% of rev is recurring, over half of non-recurring historically from the Health sector. Net debt is 1x EBITDA. Expects lower sales to new customers and a slowdown in major change projects from existing customers. Also some customers may come under pressure. Also installations requiring on-site engineers are likely to be delayed. Offsetting this, expects lower normalised cancellations and renewal churn.
CMC Markets (CMCX) Q4 strong. Guides FY CFD net trading rev up 95% and stockbroking net rev up 106%. Will pay div. Outlook confident.
Iomart (IOM) guides FY(march) in line. Has seen seen minimal change to our business levels. Covid "perhaps reinforces the journey to the Cloud." In more ways than one!
Anexo (ANX) guides FY19 profit in line. Deferrs div. "Following the decision to drive an increase in case settlements relative to new cases and thus achieve an increase in cash collections, the Board is pleased to confirm that cash collections have continued to grow and that the credit hire operation has been net cash generative for the first two months of FY-2020." Current trading in line.
MediaZest (MDZ) Material hit to Feb & March as clients initially began to defer some projects and more recently temporarily close stores and other places of business. Covid has halted all deployments and installations in progress. Guides 6 months to March small loss. Extends FY to Sept to defer audit costs. Co working on the assumption that the “lockdown” period and ongoing disruption caused by Covid-19 will have an impact for a minimum of six months.
Tanfield Group (TAN) Motion for Summary Judgement filed by SKL and Snorkel has been denied so parties will now proceed in discovery.
Fox Marble (FOX) co will continue to operate Kosovo factory, though it will scale back operations to specific projects. Will significantly scale back production at the Macedonia quarry. Board will not take any salary or fees until operations resume.
System1 (SYS1) CFO scrapers. He is thanked.
Joules (JOUL) [last night] £15m placing at 80p, 7% discount.
Bagir (BAGR has continued to experience existing orders being placed on hold or cancelled and has insufficient cash resources available to operate the business as a going concern. Seeking seeking immediate additional funding or insolvency looms. Shares suspended.
[b]ReNeuron (RENE) priority internal research projects are continuing to progress to current timelines. Some clinical trials delayed. Co "has initiated a research programme focused on the potential utility of its proprietary exosomes as a delivery vehicle for viral vaccines. Previously presented, unpublished data show that ReNeuron's exosomes can be loaded with biologically active cargo and delivered preferentially to certain specific sites in the body." May be able to increase potency of coronavirus vaccines in development.
Notes (do not rely on the data)
CNKS: Price=40. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cenkos Securities is an independent, specialist institutional securities group, focused on small and mid-cap companies.
RCN: Price=99. Cap=147m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Redcentric provides information technology managed services to various industries and applications. The company's services offering includes application, collaboration, infrastructure, network, mobile and IT security services.
CMCX: Price=193.6. Cap=560m. 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.
IOM: Price=290. Cap=316m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Iomart Group provides secure managed hosting and cloud services. It helps organizations across the private and public sector, from government departments to enterprise business.
ANX: Price=111.3. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MDZ: Price=0.03. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MediaZest through its subsidiaries provides one-stop audio, visual, aromatic, satellite delivery, content management and consumer interaction platform to retailers and brand owners.
TAN: Price=2.1. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tanfield Group is an investment company. Its objective when managing capital is to protect returns to shareholders.
FOX: Price=1.55. Cap=4m. 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.
SYS1: Price=122. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
System1 Group provides online market research services. Its flagship services include System1 Ad Testing and Brand Tracking. It operates in the US, United Kingdom, Continental Europe, Asia, Brazil and Australia.
JOUL: Price=86. Cap=77m. 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.
BAGR : Price=0.46. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RENE: Price=98. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ReNeuron Group is a biotechnology firm. Its principal business involves the research and development of stem cell technology for the treatment of motor disabilities and blindness-causing diseases.
* 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
Cenkos Securities (CNKS) guides FY(March) in line. Covid: co is fully operational and continues to operate as normal. "We continue to sign up quality clients, having added one this week, along with a number in the pipeline, and have the capacity to add many more to our stable."
Redcentric (RCN) guides FY(March) in line. 90% of rev is recurring, over half of non-recurring historically from the Health sector. Net debt is 1x EBITDA. Expects lower sales to new customers and a slowdown in major change projects from existing customers. Also some customers may come under pressure. Also installations requiring on-site engineers are likely to be delayed. Offsetting this, expects lower normalised cancellations and renewal churn.
CMC Markets (CMCX) Q4 strong. Guides FY CFD net trading rev up 95% and stockbroking net rev up 106%. Will pay div. Outlook confident.
Iomart (IOM) guides FY(march) in line. Has seen seen minimal change to our business levels. Covid "perhaps reinforces the journey to the Cloud." In more ways than one!
Anexo (ANX) guides FY19 profit in line. Deferrs div. "Following the decision to drive an increase in case settlements relative to new cases and thus achieve an increase in cash collections, the Board is pleased to confirm that cash collections have continued to grow and that the credit hire operation has been net cash generative for the first two months of FY-2020." Current trading in line.
MediaZest (MDZ) Material hit to Feb & March as clients initially began to defer some projects and more recently temporarily close stores and other places of business. Covid has halted all deployments and installations in progress. Guides 6 months to March small loss. Extends FY to Sept to defer audit costs. Co working on the assumption that the “lockdown” period and ongoing disruption caused by Covid-19 will have an impact for a minimum of six months.
Tanfield Group (TAN) Motion for Summary Judgement filed by SKL and Snorkel has been denied so parties will now proceed in discovery.
Fox Marble (FOX) co will continue to operate Kosovo factory, though it will scale back operations to specific projects. Will significantly scale back production at the Macedonia quarry. Board will not take any salary or fees until operations resume.
System1 (SYS1) CFO scrapers. He is thanked.
Joules (JOUL) [last night] £15m placing at 80p, 7% discount.
Bagir (BAGR has continued to experience existing orders being placed on hold or cancelled and has insufficient cash resources available to operate the business as a going concern. Seeking seeking immediate additional funding or insolvency looms. Shares suspended.
[b]ReNeuron (RENE) priority internal research projects are continuing to progress to current timelines. Some clinical trials delayed. Co "has initiated a research programme focused on the potential utility of its proprietary exosomes as a delivery vehicle for viral vaccines. Previously presented, unpublished data show that ReNeuron's exosomes can be loaded with biologically active cargo and delivered preferentially to certain specific sites in the body." May be able to increase potency of coronavirus vaccines in development.
Notes (do not rely on the data)
CNKS: Price=40. Cap=23m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cenkos Securities is an independent, specialist institutional securities group, focused on small and mid-cap companies.
RCN: Price=99. Cap=147m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Redcentric provides information technology managed services to various industries and applications. The company's services offering includes application, collaboration, infrastructure, network, mobile and IT security services.
CMCX: Price=193.6. Cap=560m. 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.
IOM: Price=290. Cap=316m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Iomart Group provides secure managed hosting and cloud services. It helps organizations across the private and public sector, from government departments to enterprise business.
ANX: Price=111.3. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MDZ: Price=0.03. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MediaZest through its subsidiaries provides one-stop audio, visual, aromatic, satellite delivery, content management and consumer interaction platform to retailers and brand owners.
TAN: Price=2.1. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tanfield Group is an investment company. Its objective when managing capital is to protect returns to shareholders.
FOX: Price=1.55. Cap=4m. 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.
SYS1: Price=122. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
System1 Group provides online market research services. Its flagship services include System1 Ad Testing and Brand Tracking. It operates in the US, United Kingdom, Continental Europe, Asia, Brazil and Australia.
JOUL: Price=86. Cap=77m. 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.
BAGR : Price=0.46. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RENE: Price=98. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ReNeuron Group is a biotechnology firm. Its principal business involves the research and development of stem cell technology for the treatment of motor disabilities and blindness-causing diseases.
* 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 06-Apr-20
Part 1/2
Gresham House (GHS) FY(March) Total Shareholder Return of -5.2%. NAV 1062.2p. Will hike div 15%. 19% in cash. "Overall, the portfolio holdings have strong financial positions going into this period of uncertainty and recession. Many have net cash positions such as Centaur Media, Brand Architekts and MJ Hudson. Others have very low levels of financial leverage such as our holdings in Augean and IMImobile."
Symphony Environmental (SYM) Q1 rev up 56% to £2.4m. Co does not expect to need any additional cash in the next 12 months. Limited supply-chain delays which have been quickly overcome, has not affected manufacturing. "Enquiries for our d2p (designed to protect) anti-microbial and other protective products (see www.d2p.net) are growing at a much faster pace." No FY guidance.
Be Heard Group (BHRD) trading was in line until covid. Effect can't be quantified yet. Cash at hand £2.4m and access to a £2m credit.
Angling Direct (ANG) Feb resilient with rev up 23.3%. Stores closed but online sales remain robust for now. Guides material reduction in FY21 revenue and profitability. Has secured a short term £2.5m credit facility.
City Of London Group (CIN) has a very small loan book, expects little credit impact from COVID. Subsidiary Recognise is progressing with its application to the PRA for a banking licence. Subsidiary Milton Homes believes sales may slow and reversions may increase.
Argo Blockchain (ARB) March mining revenue £1.8m (Feb: £2.5m). Algorithmic difficulty increased early in the month and Bitcoin slumped mid March.
Restaurant Group (RTN) increased flexibility in banking facilities, Executive pay cuts. No H1 covenant test. One of the six NEDs resigns to cut costs. Six NEDs!
SigmaRoc (SRC) Q1 rev up 87%, ahead of analyst estimates but guides substantially reduced revenue and EBITDA performance in Q2. Group remains active across all sites (except Channel Isles) supplying product where doing so is an economically viable. Co has enough cash for even a protracted period of disruption.
Arrow Global Group (ARW) no meaningful operational and financial impact on the Group so far. Will pass div. Arrow Global has £153m of credit headroom. No FY guidance.
Stobart Group (STOB) cutting costs, looking at further funding options. Does not reassure on balance sheet. Southend airport's global logistics operation continues to operate as normal. Risk to Stobart Energy's ongoing operations is the availability of waste wood. Construction slowdown and closure of Household Waste & Recycling Centres has reduced the volume of new waste wood available. This may hike prices for an extended period. Looking at options to accept different specifications of waste wood fuel.
RBG Holdings (RBGP) the professional services group says moving to remote working, Rosenblatt has seen no change in existing instructions with work proceeding as planned across all practice areas. At Convex Capital covid has the potential to delay the completion of certain transactions. Div payment postponed. "Confident that the Company will come through the present situation in a strong position."
React Group (REAT) experiencing high demand to provide decontamination and infection control services. Its maintenance business largely operates in the Healthcare, Road and Rail sectors, all of which have yet to see material changes to operations. Group in a good position to meet or exceed FY management expectations.
Novacyt (NCYT) France has approved its COVID-19 test.
Spectris (SXS) Manufacturing facilities remain operational. Guides Q1 LFL sales down 10%. Strong balance sheet and liquidity position. Special dividend withdrawn and final dividend postponed. All manufacturing sites around the world continue to operate. Chinese factories have now returned to full operation but elsewhere working below full capacity. Year started broadly in line with expectations, except in China, where LFL sales notably lower in February. Net cash £53m and with a cash balance of c. £240m.
Notes (do not rely on the data)
GHS: Price=880. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SYM: Price=10.7. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Symphony Environmental Technologies develops and markets environmental plastic products. The company also supplies other flexible polythene and related conventional products. Its products include d2w, d2Detector, d2p, and d2t.
BHRD: Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce.
ANG: Price=30. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Angling Direct is a fishing tackle retailer. The Company sells fishing tackle products and related products through a network of 15 retail stores located in the UK.
CIN: Price=108.1. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
City of London Group is an investment company. Its financial services include working capital funding, asset finance and commercial loans to small and medium scale firms.
ARB: Price=3.65. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RTN: Price=35.68. Cap=175m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Restaurant Group (The) is an operator of restaurants and pub restaurants. Its trading brands are Frankie & Benny's, Chiquito and Coast to Coast.
SRC: Price=23.24. Cap=59m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SigmaRoc is involved in construction materials business. The company’s main activity is to make investments and acquire projects in construction materials sector.
ARW: Price=89.4. Cap=158m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Arrow Global Group provides debt purchase and receivables management solutions. It purchases and collects non performing loans. Its business is divided in origination and underwriting, portfolio management and repayment phases.
STOB: Price=46. Cap=172m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Stobart Group is an infrastructure and support services business. Its segments include Energy, Aviation, Rail, Investments and Infrastructure.
RBGP: Price=48.5. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
REAT: Price=0.78. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
REACT Group is a specialist provider of rapid response deep cleaning and emergency decontamination services. It offers kitchen cleaning, graffiti removal, clearing up sites after rail fatalities, fly tipping removal, and removal of spillages.
NCYT: Price=193.5. Cap=166m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
SXS: Price=2296. Cap=2664m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Spectris designs, develops and markets productivity-enhancing instrumentation and controls. Its businesses are grouped into four segments: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls.
* 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
Part 1/2
Gresham House (GHS) FY(March) Total Shareholder Return of -5.2%. NAV 1062.2p. Will hike div 15%. 19% in cash. "Overall, the portfolio holdings have strong financial positions going into this period of uncertainty and recession. Many have net cash positions such as Centaur Media, Brand Architekts and MJ Hudson. Others have very low levels of financial leverage such as our holdings in Augean and IMImobile."
Symphony Environmental (SYM) Q1 rev up 56% to £2.4m. Co does not expect to need any additional cash in the next 12 months. Limited supply-chain delays which have been quickly overcome, has not affected manufacturing. "Enquiries for our d2p (designed to protect) anti-microbial and other protective products (see www.d2p.net) are growing at a much faster pace." No FY guidance.
Be Heard Group (BHRD) trading was in line until covid. Effect can't be quantified yet. Cash at hand £2.4m and access to a £2m credit.
Angling Direct (ANG) Feb resilient with rev up 23.3%. Stores closed but online sales remain robust for now. Guides material reduction in FY21 revenue and profitability. Has secured a short term £2.5m credit facility.
City Of London Group (CIN) has a very small loan book, expects little credit impact from COVID. Subsidiary Recognise is progressing with its application to the PRA for a banking licence. Subsidiary Milton Homes believes sales may slow and reversions may increase.
Argo Blockchain (ARB) March mining revenue £1.8m (Feb: £2.5m). Algorithmic difficulty increased early in the month and Bitcoin slumped mid March.
Restaurant Group (RTN) increased flexibility in banking facilities, Executive pay cuts. No H1 covenant test. One of the six NEDs resigns to cut costs. Six NEDs!
SigmaRoc (SRC) Q1 rev up 87%, ahead of analyst estimates but guides substantially reduced revenue and EBITDA performance in Q2. Group remains active across all sites (except Channel Isles) supplying product where doing so is an economically viable. Co has enough cash for even a protracted period of disruption.
Arrow Global Group (ARW) no meaningful operational and financial impact on the Group so far. Will pass div. Arrow Global has £153m of credit headroom. No FY guidance.
Stobart Group (STOB) cutting costs, looking at further funding options. Does not reassure on balance sheet. Southend airport's global logistics operation continues to operate as normal. Risk to Stobart Energy's ongoing operations is the availability of waste wood. Construction slowdown and closure of Household Waste & Recycling Centres has reduced the volume of new waste wood available. This may hike prices for an extended period. Looking at options to accept different specifications of waste wood fuel.
RBG Holdings (RBGP) the professional services group says moving to remote working, Rosenblatt has seen no change in existing instructions with work proceeding as planned across all practice areas. At Convex Capital covid has the potential to delay the completion of certain transactions. Div payment postponed. "Confident that the Company will come through the present situation in a strong position."
React Group (REAT) experiencing high demand to provide decontamination and infection control services. Its maintenance business largely operates in the Healthcare, Road and Rail sectors, all of which have yet to see material changes to operations. Group in a good position to meet or exceed FY management expectations.
Novacyt (NCYT) France has approved its COVID-19 test.
Spectris (SXS) Manufacturing facilities remain operational. Guides Q1 LFL sales down 10%. Strong balance sheet and liquidity position. Special dividend withdrawn and final dividend postponed. All manufacturing sites around the world continue to operate. Chinese factories have now returned to full operation but elsewhere working below full capacity. Year started broadly in line with expectations, except in China, where LFL sales notably lower in February. Net cash £53m and with a cash balance of c. £240m.
Notes (do not rely on the data)
GHS: Price=880. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SYM: Price=10.7. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Symphony Environmental Technologies develops and markets environmental plastic products. The company also supplies other flexible polythene and related conventional products. Its products include d2w, d2Detector, d2p, and d2t.
BHRD: Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce.
ANG: Price=30. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Angling Direct is a fishing tackle retailer. The Company sells fishing tackle products and related products through a network of 15 retail stores located in the UK.
CIN: Price=108.1. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
City of London Group is an investment company. Its financial services include working capital funding, asset finance and commercial loans to small and medium scale firms.
ARB: Price=3.65. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RTN: Price=35.68. Cap=175m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Restaurant Group (The) is an operator of restaurants and pub restaurants. Its trading brands are Frankie & Benny's, Chiquito and Coast to Coast.
SRC: Price=23.24. Cap=59m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SigmaRoc is involved in construction materials business. The company’s main activity is to make investments and acquire projects in construction materials sector.
ARW: Price=89.4. Cap=158m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Arrow Global Group provides debt purchase and receivables management solutions. It purchases and collects non performing loans. Its business is divided in origination and underwriting, portfolio management and repayment phases.
STOB: Price=46. Cap=172m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Stobart Group is an infrastructure and support services business. Its segments include Energy, Aviation, Rail, Investments and Infrastructure.
RBGP: Price=48.5. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
REAT: Price=0.78. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
REACT Group is a specialist provider of rapid response deep cleaning and emergency decontamination services. It offers kitchen cleaning, graffiti removal, clearing up sites after rail fatalities, fly tipping removal, and removal of spillages.
NCYT: Price=193.5. Cap=166m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
SXS: Price=2296. Cap=2664m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Spectris designs, develops and markets productivity-enhancing instrumentation and controls. Its businesses are grouped into four segments: Materials Analysis, Test and Measurement, In-line Instrumentation and Industrial Controls.
* 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 06-Apr-20
Part 2/2
Mountfield Group (MOGP) record rev in FY19 but does not give a figure! Profit flat due to lower margins. All of CAF's major sites are operating but all of MBG's major sites are closed. Covid has delayed the receipt of orders. Order book ~£5.6m, lower YoY. Co is working within its banking facilities but no other reassurance.
Versarien (VRS) admits that investment from Beijing Institute of Graphene Technology 'agreed' last April won't happen.
CentralNic Group (CNIC) has not experienced interruptions in its services to customers or in its supply chain, and trading is in line with market expectations.
InnovaDerma (IDP) continues to provide uninterrupted services to customers. Covid has significantly slowed sales through bricks and mortar channels. "We continue to distribute to our retail partners including Boots, Superdrug and Tesco which are defined as essential businesses/services by the UK Government and remain open." Direct-to-consumer channel (c.60% of rev) continues to perform very well.
SEC Newgate (SECG) CFO resigns. He is thanked. Excellent start to FY performing at above budget profit levels but expects to be adversely affected to varying degrees by covid. Co has committed banking facilities available with maintainable covenants.
eEnergy Group (EAAS) no signed projects have been cancelled, although some school installations have been delayed to the summer holidays. This will hit FY rev and earnings. "Schools closures has led to a spike in interest in eLight's Light-as-a-Service (LaaS) [Whaaaat?] proposition. Many schools are looking to complete maintenance and upgrade projects, including switching to LED lighting." Cash at hand €1.4m. LaaS = premises can switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments.
RDI REIT (RDI) Rent collected across UK portfolio (excluding UK Hotels and London Serviced Offices) was 74%, adjusted for tenants paying monthly. Europe was 97%. Hotels: no rental payments expected for Q ending 31 May. Cash at hand £85m following disposals. May pay div.
APQ Global (APQ) very difficult trading conditions during Feb due to extreme market movements. Covid made March bad, hitting NAV. NAV $10.40 = 840p ps. No covenants breach. Suspends divs. SP is 14p, spread 3 to 25p! How can the NAV be 840p?
H&T Group (HAT) has closed stores and declared an interest holiday on outstanding secured loans. Passes div. CEO and chairman have halved pay while stores are closed.
Quixant (QXT) FY rev down 20%, adj pretax $10.7m down 41%. Blames decline in Gaming due to major customers facing stiff competition. Densitron Broadcast strategy remains very positive. Going concern - material uncertainty.
Notes (do not rely on the data)
MOGP: Price=0.7. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mountfield Group is engaged in the construction and fit-out of Data Centres for the IT industry together with office fit-out and refurbishment. Its segments are Construction and Fit-out.
VRS: Price=51.1. Cap=87m. 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.
CNIC: Price=87.4. Cap=167m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CentralNic Group provides registry, registrar & enterprise services & strategic consultancy for new Top Level Domains (TLDs), Country Code TLD's (ccTLDs) & Second-Level Domains (SLDs) and it is the owner & registrant for a portfolio of domain names.
IDP: Price=38.7. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
InnovaDerma sells anti-ageing, body contouring, hair loss treatment and wellbeing products. It markets its products under brands such as Leimo Unisex & Leimo Instant Hair.
SECG: Price=32. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SEC SpA engaged in public relations and advocacy business. Its activities comprise Public Relations, Advocacy and Integrated Services.
EAAS: Price=3.74. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RDI: Price=61.9. Cap=235m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
APQ: Price=5. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
APQ Global intends to develop lending activities to sovereign, corporate and banking entities in emerging markets for a range of business purposes, including for acquisition financing, working capital and investment purposes.
HAT: Price=307.66. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
H&T Group is engaged in the business of pawnbroking, gold purchasing, retail of jewellery, cheque cashing, unsecured lending, Foreign Exchange and Personal Loans.
QXT: Price=64. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Quixant and its subsidiaries are in the business of designing, manufacturing and selling of advanced PC based gaming platforms for the pay to play gaming and slot machine industry.
* 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
Part 2/2
Mountfield Group (MOGP) record rev in FY19 but does not give a figure! Profit flat due to lower margins. All of CAF's major sites are operating but all of MBG's major sites are closed. Covid has delayed the receipt of orders. Order book ~£5.6m, lower YoY. Co is working within its banking facilities but no other reassurance.
Versarien (VRS) admits that investment from Beijing Institute of Graphene Technology 'agreed' last April won't happen.
CentralNic Group (CNIC) has not experienced interruptions in its services to customers or in its supply chain, and trading is in line with market expectations.
InnovaDerma (IDP) continues to provide uninterrupted services to customers. Covid has significantly slowed sales through bricks and mortar channels. "We continue to distribute to our retail partners including Boots, Superdrug and Tesco which are defined as essential businesses/services by the UK Government and remain open." Direct-to-consumer channel (c.60% of rev) continues to perform very well.
SEC Newgate (SECG) CFO resigns. He is thanked. Excellent start to FY performing at above budget profit levels but expects to be adversely affected to varying degrees by covid. Co has committed banking facilities available with maintainable covenants.
eEnergy Group (EAAS) no signed projects have been cancelled, although some school installations have been delayed to the summer holidays. This will hit FY rev and earnings. "Schools closures has led to a spike in interest in eLight's Light-as-a-Service (LaaS) [Whaaaat?] proposition. Many schools are looking to complete maintenance and upgrade projects, including switching to LED lighting." Cash at hand €1.4m. LaaS = premises can switch to LED lighting for a fixed monthly service fee, avoiding any upfront payments.
RDI REIT (RDI) Rent collected across UK portfolio (excluding UK Hotels and London Serviced Offices) was 74%, adjusted for tenants paying monthly. Europe was 97%. Hotels: no rental payments expected for Q ending 31 May. Cash at hand £85m following disposals. May pay div.
APQ Global (APQ) very difficult trading conditions during Feb due to extreme market movements. Covid made March bad, hitting NAV. NAV $10.40 = 840p ps. No covenants breach. Suspends divs. SP is 14p, spread 3 to 25p! How can the NAV be 840p?
H&T Group (HAT) has closed stores and declared an interest holiday on outstanding secured loans. Passes div. CEO and chairman have halved pay while stores are closed.
Quixant (QXT) FY rev down 20%, adj pretax $10.7m down 41%. Blames decline in Gaming due to major customers facing stiff competition. Densitron Broadcast strategy remains very positive. Going concern - material uncertainty.
Notes (do not rely on the data)
MOGP: Price=0.7. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mountfield Group is engaged in the construction and fit-out of Data Centres for the IT industry together with office fit-out and refurbishment. Its segments are Construction and Fit-out.
VRS: Price=51.1. Cap=87m. 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.
CNIC: Price=87.4. Cap=167m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CentralNic Group provides registry, registrar & enterprise services & strategic consultancy for new Top Level Domains (TLDs), Country Code TLD's (ccTLDs) & Second-Level Domains (SLDs) and it is the owner & registrant for a portfolio of domain names.
IDP: Price=38.7. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
InnovaDerma sells anti-ageing, body contouring, hair loss treatment and wellbeing products. It markets its products under brands such as Leimo Unisex & Leimo Instant Hair.
SECG: Price=32. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SEC SpA engaged in public relations and advocacy business. Its activities comprise Public Relations, Advocacy and Integrated Services.
EAAS: Price=3.74. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RDI: Price=61.9. Cap=235m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
APQ: Price=5. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
APQ Global intends to develop lending activities to sovereign, corporate and banking entities in emerging markets for a range of business purposes, including for acquisition financing, working capital and investment purposes.
HAT: Price=307.66. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
H&T Group is engaged in the business of pawnbroking, gold purchasing, retail of jewellery, cheque cashing, unsecured lending, Foreign Exchange and Personal Loans.
QXT: Price=64. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Quixant and its subsidiaries are in the business of designing, manufacturing and selling of advanced PC based gaming platforms for the pay to play gaming and slot machine industry.
* 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
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dspp
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Re: MrC's Smallcap Sweeps for Apr 2020
MrContrarian wrote:Stobart Group (STOB) cutting costs, looking at further funding options. Does not reassure on balance sheet. Southend airport's global logistics operation continues to operate as normal. Risk to Stobart Energy's ongoing operations is the availability of waste wood. Construction slowdown and closure of Household Waste & Recycling Centres has reduced the volume of new waste wood available. This may hike prices for an extended period. Looking at options to accept different specifications of waste wood fuel.
@MrContrarian
That will require flexibility and agility from Ofgem. Not ordinarily something they are renowned for.
regards, dspp
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MrContrarian
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 07-Apr-20
SRT Marine Systems (SRT) [last night] £1.5m placing at 25p, a 9% discount. Also open offer via Primary Bid. Has taken Govt backed covid help. Can survive a delay on all business by up to 12 months.
Elecosoft (ELCO) traded well in Q1 but now likely to experience disruption to operations. 19% of rev involves face-to-face services. Passes div. No guidance.
Audioboom (BOOM) Q1 rev up 40%, ahead of mgmt expectations. Cash $0.8m down $1.2m in Q. $4m secured loan undrawn. "Early indications are that we will see more caution from advertisers during Q2" Has "sufficient headroom to fund the Company and its growth strategy through to forecast sustainable cash positive generation on a monthly basis."
4imprint (FOUR) recent daily order counts down 80%. $50m cash at hand. Passes div. No guidance.
Treatt (TET) trading in line. Covid - no adverse effect. UK factory relocation may not take place until 2021.
Intercede (IGP) guides FY(March) rev up 3%, lower than market expectations. Profits substantially higher than market expectations due to cost control. Covid: working from home, business as usual.
Scholium (SCHO) currently trading at a small monthly loss, maintaining a reduced level of trading online and by telephone. Only £270k cash at hand.
Gooch & Housego (GHH) guides H1 rev down. 4 of the 6 US factories are open and all UK ones. ITL has increased demand for medical kits and a ventilator part. Co "good levels of available cash." Expects better H2.
Avation (AVAP) liquidity position is 'satisfactory': $129m cash, unencumbered assets $53.9m and trade receivables of $11.1m. Some airlines have entered into short-term financial relief agreements with Avation. Co "can successfully operate for an extended period greater than a year on this basis as ongoing cash income will be sufficient to cover expected financial obligations."
Holders Technology (HDT) tev to end March down 10%, mostly due to weak lighting and control orders. Cash position 'satisfactory, not debt. "Order books for the second quarter appear reasonable given the current business climate. However, we have limited visibility on the second half of the financial year."
Mirada (MIRA) minimal impact from COVID. Substantial increase in use of broadband and audio-visual services but too soon to say if it will benefit co.
Cello Health (CLL) Q1 in line. Cash at hand £11.7m and £17m undrawn credit. Cello Health has seen deferral of certain types of work where live meetings are essential. Passes div. No guidance.
Medica Group (MGP) FY19 rev up 19%. "Strong start to 2020, with trading and radiologist recruitment in line with Board expectations, however, COVID-19 is having a significant impact on short-term revenue...significant reduction in both NightHawk and Routine cases being outsourced by our NHS clients."
Notes (do not rely on the data)
SRT: Price=27.5. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SRT Marine Systems is engaged in development & supply of Automatic Identification System based maritime domain awareness technologies, derivative product & system solutions for use in maritime applications.
ELCO: Price=51.5. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Elecosoft is engaged in providing software and related services to the architectural, engineering and construction industries. The Company sells software licences, software maintenance and support and related services.
BOOM: Price=145.5. Cap=20m. 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.
FOUR: Price=1850. Cap=520m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
4imprint Group markets promotional products through online and offline direct marketing techniques. Its products include apparels, stationery, technologies and food stuff.
TET: Price=424. Cap=252m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Treatt is engaged in manufacture and supply of ingredient solutions for the flavor, fragrance and FMCG markets.
IGP: Price=48. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Intercede Group and its subsidiaries is an independent developer and supplier of identity and credential management software. The Company's products include MyID Identity and Credential Management System.
SCHO: Price=28.2. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Scholium Group is engaged in trading and retailing of rare and antiquarian books and works on paper in the United Kingdom. The company also trades with other third-party dealers in the broader arts and collectibles.
GHH: Price=980. Cap=245m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gooch & Housego provides photonics technology and solutions to industrial, aerospace and defence, life sciences and scientific research applications. Its designs, engineers and manufactures photonic systems, components and instrumentation.
AVAP: Price=108. Cap=68m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avation leases and manages commercial passenger aircraft to various airlines. Its business segments are classified into aircraft leasing and business procurement divisions. It also supplies new and refurbished aircraft parts and spares.
HDT: Price=35. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Holders Technology distributes electronic materials and equipment. It is engaged in the supply of laminates and materials for printed circuit board manufacture and provision of LED solutions to the lighting & industrial markets.
MIRA: Price=70. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mirada is an audiovisual interaction technology company that creates products and manages services that enable consumers to interact with and access audiovisual digital content on television, companion devices and online.
CLL: Price=110. Cap=117m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cello Group with its subsidiary company provides market research and direct communications services to its consumer. Its segments include Cello Health and Cello Signal.
MGP: Price=110. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Medica Group is a provider of teleradiology services. Teleradiology is the electronic transmission of radiological patient images, including plain film x-rays, Computerised Tomography scans and Magnetic, Resonance Imaging scans.
* 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
SRT Marine Systems (SRT) [last night] £1.5m placing at 25p, a 9% discount. Also open offer via Primary Bid. Has taken Govt backed covid help. Can survive a delay on all business by up to 12 months.
Elecosoft (ELCO) traded well in Q1 but now likely to experience disruption to operations. 19% of rev involves face-to-face services. Passes div. No guidance.
Audioboom (BOOM) Q1 rev up 40%, ahead of mgmt expectations. Cash $0.8m down $1.2m in Q. $4m secured loan undrawn. "Early indications are that we will see more caution from advertisers during Q2" Has "sufficient headroom to fund the Company and its growth strategy through to forecast sustainable cash positive generation on a monthly basis."
4imprint (FOUR) recent daily order counts down 80%. $50m cash at hand. Passes div. No guidance.
Treatt (TET) trading in line. Covid - no adverse effect. UK factory relocation may not take place until 2021.
Intercede (IGP) guides FY(March) rev up 3%, lower than market expectations. Profits substantially higher than market expectations due to cost control. Covid: working from home, business as usual.
Scholium (SCHO) currently trading at a small monthly loss, maintaining a reduced level of trading online and by telephone. Only £270k cash at hand.
Gooch & Housego (GHH) guides H1 rev down. 4 of the 6 US factories are open and all UK ones. ITL has increased demand for medical kits and a ventilator part. Co "good levels of available cash." Expects better H2.
Avation (AVAP) liquidity position is 'satisfactory': $129m cash, unencumbered assets $53.9m and trade receivables of $11.1m. Some airlines have entered into short-term financial relief agreements with Avation. Co "can successfully operate for an extended period greater than a year on this basis as ongoing cash income will be sufficient to cover expected financial obligations."
Holders Technology (HDT) tev to end March down 10%, mostly due to weak lighting and control orders. Cash position 'satisfactory, not debt. "Order books for the second quarter appear reasonable given the current business climate. However, we have limited visibility on the second half of the financial year."
Mirada (MIRA) minimal impact from COVID. Substantial increase in use of broadband and audio-visual services but too soon to say if it will benefit co.
Cello Health (CLL) Q1 in line. Cash at hand £11.7m and £17m undrawn credit. Cello Health has seen deferral of certain types of work where live meetings are essential. Passes div. No guidance.
Medica Group (MGP) FY19 rev up 19%. "Strong start to 2020, with trading and radiologist recruitment in line with Board expectations, however, COVID-19 is having a significant impact on short-term revenue...significant reduction in both NightHawk and Routine cases being outsourced by our NHS clients."
Notes (do not rely on the data)
SRT: Price=27.5. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SRT Marine Systems is engaged in development & supply of Automatic Identification System based maritime domain awareness technologies, derivative product & system solutions for use in maritime applications.
ELCO: Price=51.5. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Elecosoft is engaged in providing software and related services to the architectural, engineering and construction industries. The Company sells software licences, software maintenance and support and related services.
BOOM: Price=145.5. Cap=20m. 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.
FOUR: Price=1850. Cap=520m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
4imprint Group markets promotional products through online and offline direct marketing techniques. Its products include apparels, stationery, technologies and food stuff.
TET: Price=424. Cap=252m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Treatt is engaged in manufacture and supply of ingredient solutions for the flavor, fragrance and FMCG markets.
IGP: Price=48. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Intercede Group and its subsidiaries is an independent developer and supplier of identity and credential management software. The Company's products include MyID Identity and Credential Management System.
SCHO: Price=28.2. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Scholium Group is engaged in trading and retailing of rare and antiquarian books and works on paper in the United Kingdom. The company also trades with other third-party dealers in the broader arts and collectibles.
GHH: Price=980. Cap=245m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Gooch & Housego provides photonics technology and solutions to industrial, aerospace and defence, life sciences and scientific research applications. Its designs, engineers and manufactures photonic systems, components and instrumentation.
AVAP: Price=108. Cap=68m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avation leases and manages commercial passenger aircraft to various airlines. Its business segments are classified into aircraft leasing and business procurement divisions. It also supplies new and refurbished aircraft parts and spares.
HDT: Price=35. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Holders Technology distributes electronic materials and equipment. It is engaged in the supply of laminates and materials for printed circuit board manufacture and provision of LED solutions to the lighting & industrial markets.
MIRA: Price=70. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Mirada is an audiovisual interaction technology company that creates products and manages services that enable consumers to interact with and access audiovisual digital content on television, companion devices and online.
CLL: Price=110. Cap=117m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Cello Group with its subsidiary company provides market research and direct communications services to its consumer. Its segments include Cello Health and Cello Signal.
MGP: Price=110. Cap=122m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Medica Group is a provider of teleradiology services. Teleradiology is the electronic transmission of radiological patient images, including plain film x-rays, Computerised Tomography scans and Magnetic, Resonance Imaging scans.
* 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
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MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 08-Apr-20
Osirium Technologies (OSI) little material impact on trading up to the end of March. Cash at hand £2.9m. "Given the Group's high level of recurring revenue, strong backlog of contracted future revenue, and software offering that supports mission critical operations, the Board believes the business to be well positioned to withstand this period." Twelve month contract renewal with 2 police forces to protect 1,000 devices.
Tavistock Investments (TAVI) guides FY EBITDA in line. Covid impact will be felt for some considerable time. Cutting costs. "I believe that Tavistock's ACUMEN Protection Portfolios offer a safe haven."
D4T4 Solutions (D4T4) guides FY miss with rev £21.7m and adj preax ~£5m. Says "moving customers from one-off perpetual license contracts to recurring SaaS contracts takes longer to implement and revenue is recognised over a longer period." But they knew that! Recurring rev 46% (30%). Co "has modelled and stress-tested forecasts under a range of disruption scenarios and the Board is taking all sensible measures to preserve cash. D4t4 has also agreed the provision of additional liquidity with its bank to support the Group if required." Reviewing div and guidance.
Real Good Food (RGD) guides FY rev up 9% and adj EBITDA up 178%, broadly in line with expectations. Sees material impact Q1 and potentially thereafter. Factories remain open. Cutting costs. "Close working relationships with our major shareholders and funders who remain supportive."
Ethernity Networks (ENET) no material impact yet from covid on the Company's business engagements but expects some contract delays. Expects to meet its planned objectives "in the absence of a prolonged uncertain outlook" [sic].
Empresaria (EMR) significant reduction in demand from mid March. Cutting costs, well placed to weather the current uncertainties. Cancels div.
Centaur Media (CAU) delays 2 events. Covid impact remains uncertain, subscription revenues remain resilient. AGM and therefore div delayed.
Fiske (FKE) efficiently operating remotely. Recent trading in line. Confident that co well positioned to weather the storm.
Novacyt S.A. (NCYT) covid test listed as eligible for World Health Organization (WHO) procurement.
Marble Point Loan Financing (MPLF) suspends div. "Rating agencies downgrade CLOs' underlying senior secured loan collateral at an accelerating pace which increases the risk of triggering provisions of CLOs' tests which could impact near-term cash flows. Additionally, the heightened risk of higher than modeled default rates may impact the portion of distributions ascribed to income under the Company's effective yield methodology, thereby potentially affecting the magnitude of cash flows."
RiverFort Global Opportunities (RGO) investment portfolio "principally comprises debt and equity-linked debt investments so the portfolio is currently unaffected by share price volatility." Seeing an increasing number of new and attractive investment and funding opportunities.
Remote Monitored Systems (RMS) Cloudveil has seen a surge in demand, wins order. GyroMetric has maintained production and wins order with a significant customer. Outlook now brighter.
Churchill China (CHH) 2020 started ahead of mgmt expectations but now expects weak H1 at least. Cutting costs.
Porvair (PRV) 2020 has started well with revenues ahead YoY. "All plants are currently open and April is busy. However, there will no doubt be disruption during the rest of the year...Demand, in sectors including aviation, automotive and industrial manufacturing, is likely to decline. Other sectors, mainly in the Laboratory division, are expected to remain busy."
Notes (do not rely on the data)
OSI: Price=37.66. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Osirium Technologies provides cyber-security software that protects critical IT assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts.
TAVI: Price=1.35. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tavistock Investments is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services.
D4T4: Price=156. Cap=63m. 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.
RGD: Price=2.06. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Real Good Food is engaged in sourcing, manufacturing, and distribution of food to the retail and industrial sectors. Its products include sugar, baking ingredients, jams and sweet bakery products and among others.
ENET: Price=34.45. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ethernity Networks is a technology solutions provider. It develops and delivers high-end network processing technology used in high end carrier ethernet applications across the telecom, mobile, security and data centre markets.
EMR: Price=31. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Empresaria Group provides staffing and recruitment services in UK, Continental Europe and Rest of the World.
CAU: Price=26.85. Cap=39m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Centaur Media Plc is engaged in providing business information, events and marketing solutions to professional and commercial markets.
FKE: Price=56. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fiske and its subsidiary provide financial intermediation which consists of private client and institutional stockbroking, investment management and the provision of corporate financial advice.
NCYT: Price=240. Cap=168m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
MPLF: Price=0.77. Cap=160m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RGO: Price=0.52. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RMS: Price=0.16. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CHH: Price=1385. Cap=152m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Churchill China is a manufacturer and distributor of tabletop products to the Hospitality and Retail sectors. The company operates in two business segments, Hospitality, and Retail.
PRV: Price=560. Cap=258m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Porvair is a pollution treatment control company. It is involved in the filteration of metals such as aluminum and super alloys. It is also used in the aviation, energy and industrial markets.
* 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
Osirium Technologies (OSI) little material impact on trading up to the end of March. Cash at hand £2.9m. "Given the Group's high level of recurring revenue, strong backlog of contracted future revenue, and software offering that supports mission critical operations, the Board believes the business to be well positioned to withstand this period." Twelve month contract renewal with 2 police forces to protect 1,000 devices.
Tavistock Investments (TAVI) guides FY EBITDA in line. Covid impact will be felt for some considerable time. Cutting costs. "I believe that Tavistock's ACUMEN Protection Portfolios offer a safe haven."
D4T4 Solutions (D4T4) guides FY miss with rev £21.7m and adj preax ~£5m. Says "moving customers from one-off perpetual license contracts to recurring SaaS contracts takes longer to implement and revenue is recognised over a longer period." But they knew that! Recurring rev 46% (30%). Co "has modelled and stress-tested forecasts under a range of disruption scenarios and the Board is taking all sensible measures to preserve cash. D4t4 has also agreed the provision of additional liquidity with its bank to support the Group if required." Reviewing div and guidance.
Real Good Food (RGD) guides FY rev up 9% and adj EBITDA up 178%, broadly in line with expectations. Sees material impact Q1 and potentially thereafter. Factories remain open. Cutting costs. "Close working relationships with our major shareholders and funders who remain supportive."
Ethernity Networks (ENET) no material impact yet from covid on the Company's business engagements but expects some contract delays. Expects to meet its planned objectives "in the absence of a prolonged uncertain outlook" [sic].
Empresaria (EMR) significant reduction in demand from mid March. Cutting costs, well placed to weather the current uncertainties. Cancels div.
Centaur Media (CAU) delays 2 events. Covid impact remains uncertain, subscription revenues remain resilient. AGM and therefore div delayed.
Fiske (FKE) efficiently operating remotely. Recent trading in line. Confident that co well positioned to weather the storm.
Novacyt S.A. (NCYT) covid test listed as eligible for World Health Organization (WHO) procurement.
Marble Point Loan Financing (MPLF) suspends div. "Rating agencies downgrade CLOs' underlying senior secured loan collateral at an accelerating pace which increases the risk of triggering provisions of CLOs' tests which could impact near-term cash flows. Additionally, the heightened risk of higher than modeled default rates may impact the portion of distributions ascribed to income under the Company's effective yield methodology, thereby potentially affecting the magnitude of cash flows."
RiverFort Global Opportunities (RGO) investment portfolio "principally comprises debt and equity-linked debt investments so the portfolio is currently unaffected by share price volatility." Seeing an increasing number of new and attractive investment and funding opportunities.
Remote Monitored Systems (RMS) Cloudveil has seen a surge in demand, wins order. GyroMetric has maintained production and wins order with a significant customer. Outlook now brighter.
Churchill China (CHH) 2020 started ahead of mgmt expectations but now expects weak H1 at least. Cutting costs.
Porvair (PRV) 2020 has started well with revenues ahead YoY. "All plants are currently open and April is busy. However, there will no doubt be disruption during the rest of the year...Demand, in sectors including aviation, automotive and industrial manufacturing, is likely to decline. Other sectors, mainly in the Laboratory division, are expected to remain busy."
Notes (do not rely on the data)
OSI: Price=37.66. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Osirium Technologies provides cyber-security software that protects critical IT assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts.
TAVI: Price=1.35. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Tavistock Investments is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services.
D4T4: Price=156. Cap=63m. 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.
RGD: Price=2.06. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Real Good Food is engaged in sourcing, manufacturing, and distribution of food to the retail and industrial sectors. Its products include sugar, baking ingredients, jams and sweet bakery products and among others.
ENET: Price=34.45. Cap=11m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ethernity Networks is a technology solutions provider. It develops and delivers high-end network processing technology used in high end carrier ethernet applications across the telecom, mobile, security and data centre markets.
EMR: Price=31. Cap=15m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Empresaria Group provides staffing and recruitment services in UK, Continental Europe and Rest of the World.
CAU: Price=26.85. Cap=39m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Centaur Media Plc is engaged in providing business information, events and marketing solutions to professional and commercial markets.
FKE: Price=56. Cap=7m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fiske and its subsidiary provide financial intermediation which consists of private client and institutional stockbroking, investment management and the provision of corporate financial advice.
NCYT: Price=240. Cap=168m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Novacyt SA develops and markets solutions in medical cytology. It offers portfolio of cancer and infectious disease diagnostics products and services. It has three reportable segment, Cytology, Diagnostics and Molecular Testing.
MPLF: Price=0.77. Cap=160m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RGO: Price=0.52. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RMS: Price=0.16. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CHH: Price=1385. Cap=152m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Churchill China is a manufacturer and distributor of tabletop products to the Hospitality and Retail sectors. The company operates in two business segments, Hospitality, and Retail.
PRV: Price=560. Cap=258m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Porvair is a pollution treatment control company. It is involved in the filteration of metals such as aluminum and super alloys. It is also used in the aviation, energy and industrial markets.
* 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 09-Apr-20
Part 1/2
IMImobile (IMO) guides FY(MArch) rev up ~17%, adj EBITDA up ~20%. Little covid impact yet but short-term outlook significantly more uncertain. Believes COVID-19 will have a limited impact on the business in the medium to long term. Cutting costs and £15m placing at 300p, an 8% discount.
Alpha Financial Markets Consulting (AFM) guides FY(March) in line with market expectations. Almost no effect on trading from the COVID yet but expects an impact to business development and new business. £20m net cash. Cutting costs.
Rotala (ROL) bus co says cost cuts, grants and increased overdraft allows co to sustain its operations for the foreseeable future. Passing div.
Avingtrans (AVG) 75% of our employees are able to perform their duties normally but progress hampered by supply chain disruptions, travel restrictions and lockdowns. Guides FY(May) broadly in line with previous management expectations. Cuttinf costs, cancelling div.
ProPhotonix (PPIX) no material covid hit to end March but in late March, a few customers ceased operations and have suspended procurement and acceptance of product. No significant supply stoppages but some delays. Cutting costs. "Confident in the Company's ability to successfully manage through this difficult period."
Livermore Investments Group (LIV) subprime CLO investments may be hit. Co has "high liquidity and cash reserves (in excess of USD 60m as of 31 March 2020) and a CLO portfolio that consists largely of CLOs with long reinvestment periods, which should benefit somewhat from the volatility in the market."
Volvere (VLE) FY(Dec) profit-cont breakeven. Shire Foods: will invest £0.4m in an additional manufacturing line. YE NAV £13.82/sh. Food business sales rose in Q1 but this may fall back. No material staff absences.
Distil (DIS) guides FY in line with market expectations. Q4(March) rev up 97%. Marketing spend up 87%. Total UK market alcohol sales up 22% in March.
Eckoh (ECK) guides FY(March) in line. Net cash £11.6m. Co has recurring revenue of 79% (excluding Coral contract at the half year), "a record order book, blue chip enterprise clients and a strong balance sheet." Cutting costs, no guidance vut confident of the future prospects.
Dukemount Capital (DKE) West Derby still on schedule for completion in August.
Location Sciences (LSAI) Q1 in line but expect Q2 miss. No material impact on its core operations or services.Cutting costs.
Omega Diagnostics (ODX) joins UK Rapid Test Consortium "to jointly develop and manufacture a COVID-19 Point of Care antibody test". Six months initially. Omega will be one of the manufacturers of any test developed.
Maxcyte (MXCT) successfully implemented business continuity plans. Recent rev significantly ahead of internal projections due to demand for ExPERTinstruments and disposables. Drug development may by deprioritization of non-COVID-19 clinical trials and restrictions on patient recruitment.
Notes (do not rely on the data)
IMO: Price=321.55. Cap=241m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IMImobile is a technology company. The Company provides software and services which help businesses to capitalize on the growth in mobile communication.
AFM: Price=125.55. Cap=130m. 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.
ROL: Price=34.5. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Rotala operates commercial and subsidized bus routes for businesses, local authorities, the public and private individuals. Its business segments are Contracted, Commercial and Charter.
AVG: Price=206.5. Cap=66m. 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.
PPIX: Price=0.8. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ProPhotonix is an independent designer and manufacturer of LED systems, and a manufacturer of laser modules and a distributor of laser diodes.
LIV: Price=35. Cap=60m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
VLE: Price=1320. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Volvere is an investment company which invests in undervalued and distressed businesses and securities as well as complementary businesses to the existing group.
DIS: Price=0.75. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Distil is engaged in the marketing and selling of Blavod Black Vodka, Blackwoods Gin, and Vodka, Diva Vodka, Jago's Vanilla Cream Liqueur and RedLeg Spiced Rum domestically and internationally.
ECK: Price=49.4. Cap=125m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Eckoh is a provider of speech recognition and associated payment solutions, across voice, web and mobile channels.
DKE: Price=0.48. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dukemount Capital is a real estate company. The company acquires, manages, develops, real estate portfolios specialising in the supported living and hotel sectors.
LSAI: Price=0.51. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ODX: Price=11. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
MXCT: Price=132.5. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MaxCyte Inc is a provider of technological solutions to pharmaceutical companies. Its key product is electroporation technology which is sold to companies which are engaged in drug discovery and development.
* 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
Part 1/2
IMImobile (IMO) guides FY(MArch) rev up ~17%, adj EBITDA up ~20%. Little covid impact yet but short-term outlook significantly more uncertain. Believes COVID-19 will have a limited impact on the business in the medium to long term. Cutting costs and £15m placing at 300p, an 8% discount.
Alpha Financial Markets Consulting (AFM) guides FY(March) in line with market expectations. Almost no effect on trading from the COVID yet but expects an impact to business development and new business. £20m net cash. Cutting costs.
Rotala (ROL) bus co says cost cuts, grants and increased overdraft allows co to sustain its operations for the foreseeable future. Passing div.
Avingtrans (AVG) 75% of our employees are able to perform their duties normally but progress hampered by supply chain disruptions, travel restrictions and lockdowns. Guides FY(May) broadly in line with previous management expectations. Cuttinf costs, cancelling div.
ProPhotonix (PPIX) no material covid hit to end March but in late March, a few customers ceased operations and have suspended procurement and acceptance of product. No significant supply stoppages but some delays. Cutting costs. "Confident in the Company's ability to successfully manage through this difficult period."
Livermore Investments Group (LIV) subprime CLO investments may be hit. Co has "high liquidity and cash reserves (in excess of USD 60m as of 31 March 2020) and a CLO portfolio that consists largely of CLOs with long reinvestment periods, which should benefit somewhat from the volatility in the market."
Volvere (VLE) FY(Dec) profit-cont breakeven. Shire Foods: will invest £0.4m in an additional manufacturing line. YE NAV £13.82/sh. Food business sales rose in Q1 but this may fall back. No material staff absences.
Distil (DIS) guides FY in line with market expectations. Q4(March) rev up 97%. Marketing spend up 87%. Total UK market alcohol sales up 22% in March.
Eckoh (ECK) guides FY(March) in line. Net cash £11.6m. Co has recurring revenue of 79% (excluding Coral contract at the half year), "a record order book, blue chip enterprise clients and a strong balance sheet." Cutting costs, no guidance vut confident of the future prospects.
Dukemount Capital (DKE) West Derby still on schedule for completion in August.
Location Sciences (LSAI) Q1 in line but expect Q2 miss. No material impact on its core operations or services.Cutting costs.
Omega Diagnostics (ODX) joins UK Rapid Test Consortium "to jointly develop and manufacture a COVID-19 Point of Care antibody test". Six months initially. Omega will be one of the manufacturers of any test developed.
Maxcyte (MXCT) successfully implemented business continuity plans. Recent rev significantly ahead of internal projections due to demand for ExPERTinstruments and disposables. Drug development may by deprioritization of non-COVID-19 clinical trials and restrictions on patient recruitment.
Notes (do not rely on the data)
IMO: Price=321.55. Cap=241m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IMImobile is a technology company. The Company provides software and services which help businesses to capitalize on the growth in mobile communication.
AFM: Price=125.55. Cap=130m. 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.
ROL: Price=34.5. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Rotala operates commercial and subsidized bus routes for businesses, local authorities, the public and private individuals. Its business segments are Contracted, Commercial and Charter.
AVG: Price=206.5. Cap=66m. 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.
PPIX: Price=0.8. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ProPhotonix is an independent designer and manufacturer of LED systems, and a manufacturer of laser modules and a distributor of laser diodes.
LIV: Price=35. Cap=60m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
VLE: Price=1320. Cap=24m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Volvere is an investment company which invests in undervalued and distressed businesses and securities as well as complementary businesses to the existing group.
DIS: Price=0.75. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Distil is engaged in the marketing and selling of Blavod Black Vodka, Blackwoods Gin, and Vodka, Diva Vodka, Jago's Vanilla Cream Liqueur and RedLeg Spiced Rum domestically and internationally.
ECK: Price=49.4. Cap=125m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Eckoh is a provider of speech recognition and associated payment solutions, across voice, web and mobile channels.
DKE: Price=0.48. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dukemount Capital is a real estate company. The company acquires, manages, develops, real estate portfolios specialising in the supported living and hotel sectors.
LSAI: Price=0.51. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ODX: Price=11. Cap=17m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
MXCT: Price=132.5. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MaxCyte Inc is a provider of technological solutions to pharmaceutical companies. Its key product is electroporation technology which is sold to companies which are engaged in drug discovery and development.
* 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 09-Apr-20
Part 2/2
Essensys (ESYS) H1 in line. Recent trading also in line. Some Connect site openings have been delayed but remains positive for the remainder of FY. Cutting costs.
Advanced Oncotherapy (AVO) £15m placing at 25p, a surprisingly small 4% discount.
Town Centre Securities (TOWN) recent rent and service charge collection 71% cf 90% normally. Many of these tenants are awaiting receipt of government support which may prompt rent payment. Cutting costs. May cancel div.
The Restuarant Group (RTN) last night placed £57m at 58p, a 3% discount. SP rose 41% yesterday. Can now withstand prolonged closures. I am amazed at the appetite for placings in companies that were already struggling before covid.
Naked Wines (WINE) supply chains continue to operate efficiently. Guides FY rev £200m, slightly ahead of consensus. £50m net cash.
Notes (do not rely on the data)
ESYS: Price=158. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AVO: Price=25. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Advanced Oncotherapy is a medical care company which utilizes radiation-based treatment. Its technologies address serious illness in patients such as tumors.
TOWN: Price=141.77. Cap=75m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Town Centre Securities is a real estate investment trust. It is engaged in property investment, development and trading and the provision of car parking.
RTN: Price=70.17. Cap=345m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Restaurant Group (The) is an operator of restaurants and pub restaurants. Its trading brands are Frankie & Benny's, Chiquito and Coast to Coast.
WINE: Price=282.5. Cap=206m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Majestic Wine is engaged in the retailing of wines, beers, and spirits. The Company offers wine gifts; mixed cases; champagne; dessert, fortified and fine wines.
* 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
Part 2/2
Essensys (ESYS) H1 in line. Recent trading also in line. Some Connect site openings have been delayed but remains positive for the remainder of FY. Cutting costs.
Advanced Oncotherapy (AVO) £15m placing at 25p, a surprisingly small 4% discount.
Town Centre Securities (TOWN) recent rent and service charge collection 71% cf 90% normally. Many of these tenants are awaiting receipt of government support which may prompt rent payment. Cutting costs. May cancel div.
The Restuarant Group (RTN) last night placed £57m at 58p, a 3% discount. SP rose 41% yesterday. Can now withstand prolonged closures. I am amazed at the appetite for placings in companies that were already struggling before covid.
Naked Wines (WINE) supply chains continue to operate efficiently. Guides FY rev £200m, slightly ahead of consensus. £50m net cash.
Notes (do not rely on the data)
ESYS: Price=158. Cap=76m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AVO: Price=25. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Advanced Oncotherapy is a medical care company which utilizes radiation-based treatment. Its technologies address serious illness in patients such as tumors.
TOWN: Price=141.77. Cap=75m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Town Centre Securities is a real estate investment trust. It is engaged in property investment, development and trading and the provision of car parking.
RTN: Price=70.17. Cap=345m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Restaurant Group (The) is an operator of restaurants and pub restaurants. Its trading brands are Frankie & Benny's, Chiquito and Coast to Coast.
WINE: Price=282.5. Cap=206m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Majestic Wine is engaged in the retailing of wines, beers, and spirits. The Company offers wine gifts; mixed cases; champagne; dessert, fortified and fine wines.
* 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 14-Apr-20
Part 1/2
dotdigital (DOTD) guides FY(July) slight softening of revenue but earnings in line with mkt exp. Impact of prolonged COVID lock down harder to forecast. Co has has 90% recurring revenues, (of which 90% is contracted). Net cash £22m end March. "Stress test modelling gives a high level of confidence that we could, if required, maintain our business model through a prolonged global downturn."
MyCelx (MYX) market conditions have deteriorated further. CO remains operational. Has applied for US Small Business Administration's Payroll Protection Program. Withdraws guidance. $7m cash at at hand.
Circle Property (CRC) NAV 290p up 5% in year. Q rent payment: 70% paid plus 9% expected before end April. Some paying tenants monthly now. No retail property. Has £6.68m liquidity available. Cutting costs. Will pay final div but delays payment.
Brand Architekts (BAR) handcare products strong but a number of international General Merchandise and Department Stores have shut, hitting sales.Online sales strong. Passes div. No guidance.
Cake Box (CBOX) sales to 8 March strong but franchise stores now closed. Guides FY(MArch) rev up 10%. Adj pretax £4.1 - 4.3m (£4m). Co "very confident that our franchisees will be able to navigate this unprecedented period.". £4m cash at hand. No FY21 guidance.
Bagir Group (BAGR) applies for a a temporary stay of proceedings against the Company. A trustee will assess "feasibility of maintaining the Group's business and assets and/or the optimal manner of their realization."
New Trend Lifestyle Group (NTLG) the Singapore-based Feng Shui tinpot says FY19 rev virtually unchanged. Q1 broadly in line YoY. COVID-19 has not had a material effect. Singapore closed non-essential businesses closed from 7 April. Gov stimulus may help.
Lamprell (LAM) cutting costs, working from only one yard. Net cash $77m of which $35m restricted. Asking to delay strategic capital expenditure in the Saudi maritime yard. Signs of deceleration and delays in some contracts. 2019 backlog $470m with ~$275m scheduled to run off in 2020.
Checkit (CKT) recent 2 months LFL rev up 14%. Cash at hand £13.1m. Says co "has sufficient cash for working capital purposes for significantly more than the next 12 months under all currently foreseeable economic scenarios." Withdraws guidance.
Revolution Bars Group (RBG) running costs cut to £0.4m per week. Renegotiated the surrender five leases, surrended payments now tot £2.25m (from 3.64m) and deferred payments. Bank agrees to increase facility to £30m (from £21m) to Aug, then £24m, waives covenants.
SIMEC Atlantis Energy (SAE) minimal disruption to the tidal business. Expects to deliver equipment and services to clients in Japan and Scotland this year as contracted. Uskmouth Power Station conversion project delayed.
Nakama Group (NAK) guides FY(March) marginally below management's expectations. Covid now has marked impact in UK. Co confident that business can continue to operate financially during the current COVID-19 crisis.
Fletcher King (FLK) first 11 months of FY in line with mgmt expectations. Likely that transaction-based fees such as investment deals and bank valuations are likely to be materially lower. Property management not expected to be affected to the same extent although fees may come under pressure. Co "in a good position to withstand the current crisis and continues to have a strong balance sheet with no debt."
Notes (do not rely on the data)
DOTD: Price=95. Cap=283m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
dotDigital Group is a software as a service technology company. It provides software as a service and managed services to digital marketing professionals. The firm's core product is Dotmailer.
MYX: Price=47. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MyCelx Technologies Corp is a clean water technology company. The Company provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors.
CRC: Price=172.6. Cap=49m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Circle Property is a commercial property developer in the United Kingdom. Its income is comprised of rental revenue secured through leasing of space.
BAR: Price=130. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CBOX: Price=115.5. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BAGR: Price=0.46. Cap=1m. 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.
NTLG: Price=0.45. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
New Trend Lifestyle Group provides products and services based on Feng Shui and the Emperor Star Astrology. Its services include building and office design consultancy, astrology readings, marriage matching, business talks, and seminars.
LAM: Price=12. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Lamprell plc is a United Kingdom-based provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries.
CKT: Price=32. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RBG: Price=15.4. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Revolution Bars Group is an operator of premium bars across the United Kingdom under the Revolution and Revolución de Cuba brands.
SAE: Price=7.75. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NAK: Price=0.53. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nakama Group is a technology recruitment consultancy. The Company operates in the digital, creative, media, marketing, technology sectors with offices in the UK, Asia, USA and Australia.
FLK: Price=28.55. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fletcher King along with its subsidiaries provides property fund management, property asset management, rating, valuations and investment broking services 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
Part 1/2
dotdigital (DOTD) guides FY(July) slight softening of revenue but earnings in line with mkt exp. Impact of prolonged COVID lock down harder to forecast. Co has has 90% recurring revenues, (of which 90% is contracted). Net cash £22m end March. "Stress test modelling gives a high level of confidence that we could, if required, maintain our business model through a prolonged global downturn."
MyCelx (MYX) market conditions have deteriorated further. CO remains operational. Has applied for US Small Business Administration's Payroll Protection Program. Withdraws guidance. $7m cash at at hand.
Circle Property (CRC) NAV 290p up 5% in year. Q rent payment: 70% paid plus 9% expected before end April. Some paying tenants monthly now. No retail property. Has £6.68m liquidity available. Cutting costs. Will pay final div but delays payment.
Brand Architekts (BAR) handcare products strong but a number of international General Merchandise and Department Stores have shut, hitting sales.Online sales strong. Passes div. No guidance.
Cake Box (CBOX) sales to 8 March strong but franchise stores now closed. Guides FY(MArch) rev up 10%. Adj pretax £4.1 - 4.3m (£4m). Co "very confident that our franchisees will be able to navigate this unprecedented period.". £4m cash at hand. No FY21 guidance.
Bagir Group (BAGR) applies for a a temporary stay of proceedings against the Company. A trustee will assess "feasibility of maintaining the Group's business and assets and/or the optimal manner of their realization."
New Trend Lifestyle Group (NTLG) the Singapore-based Feng Shui tinpot says FY19 rev virtually unchanged. Q1 broadly in line YoY. COVID-19 has not had a material effect. Singapore closed non-essential businesses closed from 7 April. Gov stimulus may help.
Lamprell (LAM) cutting costs, working from only one yard. Net cash $77m of which $35m restricted. Asking to delay strategic capital expenditure in the Saudi maritime yard. Signs of deceleration and delays in some contracts. 2019 backlog $470m with ~$275m scheduled to run off in 2020.
Checkit (CKT) recent 2 months LFL rev up 14%. Cash at hand £13.1m. Says co "has sufficient cash for working capital purposes for significantly more than the next 12 months under all currently foreseeable economic scenarios." Withdraws guidance.
Revolution Bars Group (RBG) running costs cut to £0.4m per week. Renegotiated the surrender five leases, surrended payments now tot £2.25m (from 3.64m) and deferred payments. Bank agrees to increase facility to £30m (from £21m) to Aug, then £24m, waives covenants.
SIMEC Atlantis Energy (SAE) minimal disruption to the tidal business. Expects to deliver equipment and services to clients in Japan and Scotland this year as contracted. Uskmouth Power Station conversion project delayed.
Nakama Group (NAK) guides FY(March) marginally below management's expectations. Covid now has marked impact in UK. Co confident that business can continue to operate financially during the current COVID-19 crisis.
Fletcher King (FLK) first 11 months of FY in line with mgmt expectations. Likely that transaction-based fees such as investment deals and bank valuations are likely to be materially lower. Property management not expected to be affected to the same extent although fees may come under pressure. Co "in a good position to withstand the current crisis and continues to have a strong balance sheet with no debt."
Notes (do not rely on the data)
DOTD: Price=95. Cap=283m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
dotDigital Group is a software as a service technology company. It provides software as a service and managed services to digital marketing professionals. The firm's core product is Dotmailer.
MYX: Price=47. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MyCelx Technologies Corp is a clean water technology company. The Company provides novel water treatment solutions to the oil and gas, power, marine and heavy manufacturing sectors.
CRC: Price=172.6. Cap=49m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Circle Property is a commercial property developer in the United Kingdom. Its income is comprised of rental revenue secured through leasing of space.
BAR: Price=130. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CBOX: Price=115.5. Cap=46m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BAGR: Price=0.46. Cap=1m. 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.
NTLG: Price=0.45. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
New Trend Lifestyle Group provides products and services based on Feng Shui and the Emperor Star Astrology. Its services include building and office design consultancy, astrology readings, marriage matching, business talks, and seminars.
LAM: Price=12. Cap=41m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Lamprell plc is a United Kingdom-based provider of fabrication, engineering and contracting services to the offshore and onshore oil and gas, and renewable energy industries.
CKT: Price=32. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RBG: Price=15.4. Cap=8m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Revolution Bars Group is an operator of premium bars across the United Kingdom under the Revolution and Revolución de Cuba brands.
SAE: Price=7.75. Cap=33m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NAK: Price=0.53. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nakama Group is a technology recruitment consultancy. The Company operates in the digital, creative, media, marketing, technology sectors with offices in the UK, Asia, USA and Australia.
FLK: Price=28.55. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Fletcher King along with its subsidiaries provides property fund management, property asset management, rating, valuations and investment broking services 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 14-Apr-20
Part 2/2
Iofina (IOF) iodine plant IO#8 completed and is in production. Q1 production down 3%, plants remain fully operational. Some slowdown in shipments, particularly to and from India. Iodine price stable. Progress on IofinaEX, and the hemp industry in general, has slowed. CBD market has continued to decline. Co "confident that a debt solution will be realised ahead of the repayment date of the Company's current debt package on 1 July 2020."
Steppe Cement (STCM) Q1 production down 10% and mkt share fell to 13.3% (17.4%) as the Company decided to maintain pricing over volumes. Kazakhstan's cement market demand will decrease duw to covid and low oil price. Co does not expect any liquidity problems.
Hyve Group (HYVE) re press speculation: options under review include a potential equity fundraise.
Proteome Sciences (PRM) FY19 rev up 54%, pretax £0.15m (-£1.31m). Q1 rev broadly unaffected by COVID. Currently no issues with supply chains or staffing levels. Lockdown could impact production and delivery of samples and critical reagents but does not expect this to have a material effect on FY rev.
Ixico (IXI) wins £10.5m contract over 4 years, mostly in 23-24. Guides H1 rev at least 25% up. £6.7m net cash. Clinical trials affected by covid but co "has a significant backlog of image analysis and other revenue generating project requirements for short-term completion and delivery." Co well-placed for impacts of COVID.
Notes (do not rely on the data)
IOF: Price=19. Cap=36m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Iofina is engaged in the exploration and production of iodine, iodine specialty chemical derivatives, water and natural gas. The presence of iodine, water, and natural gas has been discovered on its properties.
STCM: Price=20.37. Cap=45m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Steppe Cement manufactures cement in the Republic of Kazakhstan. It is engaged in the production and sale of cement activities.
HYVE: Price=30. Cap=247m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PRM: Price=4.24. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Proteome Sciences is protein biomarker research and development. The company uses high sensitivity proprietary techniques to detect and characterize differentially expressed proteins in diseases for prognostic and therapeutic applications.
IXI: Price=67.94. Cap=32m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to 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
Part 2/2
Iofina (IOF) iodine plant IO#8 completed and is in production. Q1 production down 3%, plants remain fully operational. Some slowdown in shipments, particularly to and from India. Iodine price stable. Progress on IofinaEX, and the hemp industry in general, has slowed. CBD market has continued to decline. Co "confident that a debt solution will be realised ahead of the repayment date of the Company's current debt package on 1 July 2020."
Steppe Cement (STCM) Q1 production down 10% and mkt share fell to 13.3% (17.4%) as the Company decided to maintain pricing over volumes. Kazakhstan's cement market demand will decrease duw to covid and low oil price. Co does not expect any liquidity problems.
Hyve Group (HYVE) re press speculation: options under review include a potential equity fundraise.
Proteome Sciences (PRM) FY19 rev up 54%, pretax £0.15m (-£1.31m). Q1 rev broadly unaffected by COVID. Currently no issues with supply chains or staffing levels. Lockdown could impact production and delivery of samples and critical reagents but does not expect this to have a material effect on FY rev.
Ixico (IXI) wins £10.5m contract over 4 years, mostly in 23-24. Guides H1 rev at least 25% up. £6.7m net cash. Clinical trials affected by covid but co "has a significant backlog of image analysis and other revenue generating project requirements for short-term completion and delivery." Co well-placed for impacts of COVID.
Notes (do not rely on the data)
IOF: Price=19. Cap=36m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Iofina is engaged in the exploration and production of iodine, iodine specialty chemical derivatives, water and natural gas. The presence of iodine, water, and natural gas has been discovered on its properties.
STCM: Price=20.37. Cap=45m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Steppe Cement manufactures cement in the Republic of Kazakhstan. It is engaged in the production and sale of cement activities.
HYVE: Price=30. Cap=247m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PRM: Price=4.24. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Proteome Sciences is protein biomarker research and development. The company uses high sensitivity proprietary techniques to detect and characterize differentially expressed proteins in diseases for prognostic and therapeutic applications.
IXI: Price=67.94. Cap=32m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
MrC's Smallcap Sweep. Newsworthy RNSs
◄DRV,TRX,SOLI,UAI,UDG,LVCG,DNL,PRP,CEPS,QUIZ,GHG
◄Driver Group (DRV)► guides H1(March) pretax broadly in line with internal forecasts with no material covid hit. Covid will soon impact customer behaviours and activity levels, perhaps materially so. Net cash £3.3m. Cutting costs, passing div.
◄Tissue Regenix (TRX)► has secured a US Government backed covid loan of $629k so expects cash to last until at least the second week of July 2020. No covid no disruption in its supply chain. Q1 rev up 18%. "The Board continues to be encouraged by discussions with potential investors"
◄Solid State (SOLI)► Guides FY(March) rev near F/C of £68m and adj pretax ~10% ahead of forecast of £4.2m. Net cash £3m and unused credit £7.5m. Co designated a critical supplier. Soft demand for batteries for the commercial aerospace market and in computing products for certain niche applications. No guidance.
◄U and I (UAI)► Guides FY(March) gross development and trading gains c.£16m against its target of £35-45m. As previously stated, Brexit, and then the General Election delayed several key projects. Cutting costs. Passing div. "Delays in third party decision-making, coupled with restricted site working practices, will impact on the rate of development expenditure on our projects." £70m of free and restricted cash available imminently plus £11m of undrawn facilities. No FY21 guidance.
◄UDG Healthcare (UDG)► Strong H1 FY20, well ahead of prior year. Covid will hit H2 so FY financial guidance withdrawn. Dv passed. Net debt to EBITDA ratio ~0.3x.
◄Live Company Group (LVCG)► £500k loan from chmn at 16.2% monthly in advance and £25k fee and legals of up to £25k. No events have been cancelled, though a number have been postponed. Revised agreements with RiverFort and YA. Are these death spiral lenders?
◄Diurnal Group (DNL)► receive the initial non-refundable payment of $3.5m for Alkindi Sprinkle license. Co has enough cash to take it through to profitability based upon current plans and assumptions.
◄Prime People (PRP)► significant reduction in demand. Cutting costs, passing div.
◄CEPS (CEPS)► says cash resources are sufficient, Board has either cut or deferred all or part of their remuneration as a precaution. Long-term impact on the Group's performance will not be known for some time.
◄Quiz (QUIZ)► website now fully functional.
◄Georgia Healthcare Group (GHG)► possible offer from Georgia Capital of 1 share in GCAP for every 5.22 shares. Conditional on independet dirs' unanimous rec. That's 94p/sh, a 5% discount. "The Independent Directors consider GHG to be undervalued by the market, but...blah blah blah will roll over."
◄DRV,TRX,SOLI,UAI,UDG,LVCG,DNL,PRP,CEPS,QUIZ,GHG
◄Driver Group (DRV)► guides H1(March) pretax broadly in line with internal forecasts with no material covid hit. Covid will soon impact customer behaviours and activity levels, perhaps materially so. Net cash £3.3m. Cutting costs, passing div.
◄Tissue Regenix (TRX)► has secured a US Government backed covid loan of $629k so expects cash to last until at least the second week of July 2020. No covid no disruption in its supply chain. Q1 rev up 18%. "The Board continues to be encouraged by discussions with potential investors"
◄Solid State (SOLI)► Guides FY(March) rev near F/C of £68m and adj pretax ~10% ahead of forecast of £4.2m. Net cash £3m and unused credit £7.5m. Co designated a critical supplier. Soft demand for batteries for the commercial aerospace market and in computing products for certain niche applications. No guidance.
◄U and I (UAI)► Guides FY(March) gross development and trading gains c.£16m against its target of £35-45m. As previously stated, Brexit, and then the General Election delayed several key projects. Cutting costs. Passing div. "Delays in third party decision-making, coupled with restricted site working practices, will impact on the rate of development expenditure on our projects." £70m of free and restricted cash available imminently plus £11m of undrawn facilities. No FY21 guidance.
◄UDG Healthcare (UDG)► Strong H1 FY20, well ahead of prior year. Covid will hit H2 so FY financial guidance withdrawn. Dv passed. Net debt to EBITDA ratio ~0.3x.
◄Live Company Group (LVCG)► £500k loan from chmn at 16.2% monthly in advance and £25k fee and legals of up to £25k. No events have been cancelled, though a number have been postponed. Revised agreements with RiverFort and YA. Are these death spiral lenders?
◄Diurnal Group (DNL)► receive the initial non-refundable payment of $3.5m for Alkindi Sprinkle license. Co has enough cash to take it through to profitability based upon current plans and assumptions.
◄Prime People (PRP)► significant reduction in demand. Cutting costs, passing div.
◄CEPS (CEPS)► says cash resources are sufficient, Board has either cut or deferred all or part of their remuneration as a precaution. Long-term impact on the Group's performance will not be known for some time.
◄Quiz (QUIZ)► website now fully functional.
◄Georgia Healthcare Group (GHG)► possible offer from Georgia Capital of 1 share in GCAP for every 5.22 shares. Conditional on independet dirs' unanimous rec. That's 94p/sh, a 5% discount. "The Independent Directors consider GHG to be undervalued by the market, but...blah blah blah will roll over."
-
MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 16-Apr-20
Haydale Graphene Industries (HAYD) general slowdown in a number of its markets, especially for Silicon Carbide blanks due to aerospace slowdown. CO fall markedly short of its trading expectations. Facilities are operational. Co has sufficient reserves to adequately manage the anticipated impact of COVID.
Brooks Macdonald Group (BRK) Q3 revenues 'held up well' with higher transaction revenue partly offsetting the lower fees. If markets at YE(June) are broadly in line with current levels co expects a 'satisfactory' result, with underlying profit marginally ahead YoY.
Hornby (HRN) FY(March) in line. "Whilst the Group will not be immune to the effect of the virus, it has started the new financial year in a strong position following the completion of the fund raising."
DX (Group) (DX.) reduction in delivery activity since lockdown of ~33%. Co "has the operational and financial capacity to navigate this challenging period."
Induction Healthcare (INHC) covid has had minimal impact on our operations. INduction App user base has increased by 10% since end Jan., MicroGuide app up 6%. "Our strong balance sheet and net cash position give us enough leeway to deliver new features to support the healthcare community and fund our active acquisition pipeline when market conditions stabilise."
Woodbois (WBI) Q1 rev up 10% with no discernible slowdown in demand evident until the end of Q when new enquiries tailed off sharply. Gabon activities temporarily halted by a lockdown. Dependent on loans from largest shareholder.
Charles Stanley Group (CAY) FuM down 20% since Dec. FY(March) rev up 11.4%. Comparatives for FY21 are expected to be far less favourable. Commission income is currently holding up well since greater market volatility is leading to more trading. Co confident about the strength of the Group's balance sheet and liquidity position. May pass div.
Capital Drilling (CAPD) Q1 rev up 6%. Covid: mining and production activity have continued uninterrupted . Gold price remains highly supportive.
Management Consulting Group (MMC) majority of its projects suspended or put on hold. Een on a worst-case basis, the Group has adequate resources to be able to operate for the foreseeable future but a material uncertainty in the Group's ability to generate revenue.
Walker Greenbank (WGB) continuing to serve its customers in all key territories from warehouses in the UK and the US. Almost all other trading activities have been reduced significantly. Co "has headroom in its existing £12.5 million revolving credit facility. Significant progress has since been made with the Company's lenders in obtaining a temporary overdraft facility of £2.5 million, the terms of which have been agreed, for use if the Company needs further funding."
Dillistone Group (DSG) pre covid co had a strong start to the year, with orders comfortably ahead of internal targets but now a significant reduction in demand. FY will be significantly below expectations. Won't tap shareholders if it get a Gov't backed loan.
Escape Hunt (ESC) cuts monthly cash costs by ~70%. Has launched its first downloadable, 'play at home' escape game, 'Stolen'. No reassurance on liquidity.
Proton Motor Power (PPS) no negative COVID-19 impact and remains on track to fulfill all deliveries to customers.
Volex (VLX) reiterates current FY guidance of rev over $392m. Expect 2p div.
N4 Pharma (N4P) initial proof of concept work on usng Nuvec to develop covid vaccines will commence during the first week of May.
Biome Technologies (BIOM) FY(Dec) rev down 16%, pretax -£1m (+£84k). You have a scroll a long way to see these figs. Poor. Co has enough cash for 12 months from the date of approval of the accounts. Covid will further delay any upturn in orders for Stanelco RF's furnaces.
Collagen Sol (COS) following an approach co starts a strategic review.
Notes (do not rely on the data)
HAYD: Price=1.78. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Haydale Graphene Industries is a UK based company engaged in the research and development, manufacturing and sale of patented scalable plasma process to functionalize graphene, and other nanomaterials.
BRK: Price=1550. Cap=250m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Brooks Macdonald Group provides investment management services, handles offshore fund management and administration services, and acts as a fund manager to regulated Open-Ended Investment Companies.
HRN: Price=30.2. Cap=50m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hornby is engaged in the business of hobby and toy products. The company develops, designs, sources, and distributes hobby and toy products under brands such as Hornby RailRoad, Skaledale, and Heico Modell.
Group: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
INHC: Price=90. Cap=27m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
WBI: Price=2.85. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CAY: Price=280. Cap=143m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Charles Stanley Group is an investment management company. It is engaged in providing investment management services, financial planning, asset management services and Charles Stanley Direct.
CAPD: Price=45.26. Cap=62m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Capital Drilling along with its subsidiaries provides drilling services including exploration, development, grade control and blast hole drilling services to mineral exploration and mining companies located in emerging and developed markets.
MMC: Price=0.79. Cap=12m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Management Consulting Group is engaged in providing professional services to various industries and sectors via the Proudfoot practice. Proudfoot, which is a professional service practice serving various industries.
WGB: Price=45.2. Cap=32m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Walker Greenbank is a luxury interior furnishings company. It is engaged in designing, manufacturing, and marketing of wallpapers and fabrics together with a wide range of ancillary interior products such as furniture and paint.
DSG: Price=23.25. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dillistone Group is engaged in supplying technology solutions and services to the recruitment industry. The Company provides software and services to recruitment firms and recruiting teams through Dillistone Systems and Voyager Software divisions.
ESC: Price=3.72. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Escape Hunt is the provider of live escape the room experiences. The escape room is a physical adventure game in which players are locked in a themed room and have to find clues and solve puzzles in order to escape against a countdown clock.
PPS: Price=29. Cap=195m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Proton Power Systems and its subsidiary designs, develops, manufactures and tests fuel cells and fuel cell hybrid systems as well as the related technical components.
VLX: Price=125. Cap=190m. 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.
N4P: Price=5.87. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
N4 Pharma is a specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance. Its vaccines include Nuvac and Nuvec.
BIOM: Price=156.11. Cap=4m. 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.
COS: Price=1.2. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Collagen Solutions is a supplier, developer, and manufacturer of collagen-based biomaterials and medical devices, including tissue scaffolds for use in regenerative medicine. The company derives most of its revenue from 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
Haydale Graphene Industries (HAYD) general slowdown in a number of its markets, especially for Silicon Carbide blanks due to aerospace slowdown. CO fall markedly short of its trading expectations. Facilities are operational. Co has sufficient reserves to adequately manage the anticipated impact of COVID.
Brooks Macdonald Group (BRK) Q3 revenues 'held up well' with higher transaction revenue partly offsetting the lower fees. If markets at YE(June) are broadly in line with current levels co expects a 'satisfactory' result, with underlying profit marginally ahead YoY.
Hornby (HRN) FY(March) in line. "Whilst the Group will not be immune to the effect of the virus, it has started the new financial year in a strong position following the completion of the fund raising."
DX (Group) (DX.) reduction in delivery activity since lockdown of ~33%. Co "has the operational and financial capacity to navigate this challenging period."
Induction Healthcare (INHC) covid has had minimal impact on our operations. INduction App user base has increased by 10% since end Jan., MicroGuide app up 6%. "Our strong balance sheet and net cash position give us enough leeway to deliver new features to support the healthcare community and fund our active acquisition pipeline when market conditions stabilise."
Woodbois (WBI) Q1 rev up 10% with no discernible slowdown in demand evident until the end of Q when new enquiries tailed off sharply. Gabon activities temporarily halted by a lockdown. Dependent on loans from largest shareholder.
Charles Stanley Group (CAY) FuM down 20% since Dec. FY(March) rev up 11.4%. Comparatives for FY21 are expected to be far less favourable. Commission income is currently holding up well since greater market volatility is leading to more trading. Co confident about the strength of the Group's balance sheet and liquidity position. May pass div.
Capital Drilling (CAPD) Q1 rev up 6%. Covid: mining and production activity have continued uninterrupted . Gold price remains highly supportive.
Management Consulting Group (MMC) majority of its projects suspended or put on hold. Een on a worst-case basis, the Group has adequate resources to be able to operate for the foreseeable future but a material uncertainty in the Group's ability to generate revenue.
Walker Greenbank (WGB) continuing to serve its customers in all key territories from warehouses in the UK and the US. Almost all other trading activities have been reduced significantly. Co "has headroom in its existing £12.5 million revolving credit facility. Significant progress has since been made with the Company's lenders in obtaining a temporary overdraft facility of £2.5 million, the terms of which have been agreed, for use if the Company needs further funding."
Dillistone Group (DSG) pre covid co had a strong start to the year, with orders comfortably ahead of internal targets but now a significant reduction in demand. FY will be significantly below expectations. Won't tap shareholders if it get a Gov't backed loan.
Escape Hunt (ESC) cuts monthly cash costs by ~70%. Has launched its first downloadable, 'play at home' escape game, 'Stolen'. No reassurance on liquidity.
Proton Motor Power (PPS) no negative COVID-19 impact and remains on track to fulfill all deliveries to customers.
Volex (VLX) reiterates current FY guidance of rev over $392m. Expect 2p div.
N4 Pharma (N4P) initial proof of concept work on usng Nuvec to develop covid vaccines will commence during the first week of May.
Biome Technologies (BIOM) FY(Dec) rev down 16%, pretax -£1m (+£84k). You have a scroll a long way to see these figs. Poor. Co has enough cash for 12 months from the date of approval of the accounts. Covid will further delay any upturn in orders for Stanelco RF's furnaces.
Collagen Sol (COS) following an approach co starts a strategic review.
Notes (do not rely on the data)
HAYD: Price=1.78. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Haydale Graphene Industries is a UK based company engaged in the research and development, manufacturing and sale of patented scalable plasma process to functionalize graphene, and other nanomaterials.
BRK: Price=1550. Cap=250m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Brooks Macdonald Group provides investment management services, handles offshore fund management and administration services, and acts as a fund manager to regulated Open-Ended Investment Companies.
HRN: Price=30.2. Cap=50m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Hornby is engaged in the business of hobby and toy products. The company develops, designs, sources, and distributes hobby and toy products under brands such as Hornby RailRoad, Skaledale, and Heico Modell.
Group: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
INHC: Price=90. Cap=27m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
WBI: Price=2.85. Cap=14m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CAY: Price=280. Cap=143m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Charles Stanley Group is an investment management company. It is engaged in providing investment management services, financial planning, asset management services and Charles Stanley Direct.
CAPD: Price=45.26. Cap=62m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Capital Drilling along with its subsidiaries provides drilling services including exploration, development, grade control and blast hole drilling services to mineral exploration and mining companies located in emerging and developed markets.
MMC: Price=0.79. Cap=12m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Management Consulting Group is engaged in providing professional services to various industries and sectors via the Proudfoot practice. Proudfoot, which is a professional service practice serving various industries.
WGB: Price=45.2. Cap=32m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Walker Greenbank is a luxury interior furnishings company. It is engaged in designing, manufacturing, and marketing of wallpapers and fabrics together with a wide range of ancillary interior products such as furniture and paint.
DSG: Price=23.25. Cap=4m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dillistone Group is engaged in supplying technology solutions and services to the recruitment industry. The Company provides software and services to recruitment firms and recruiting teams through Dillistone Systems and Voyager Software divisions.
ESC: Price=3.72. Cap=1m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Escape Hunt is the provider of live escape the room experiences. The escape room is a physical adventure game in which players are locked in a themed room and have to find clues and solve puzzles in order to escape against a countdown clock.
PPS: Price=29. Cap=195m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Proton Power Systems and its subsidiary designs, develops, manufactures and tests fuel cells and fuel cell hybrid systems as well as the related technical components.
VLX: Price=125. Cap=190m. 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.
N4P: Price=5.87. Cap=6m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
N4 Pharma is a specialist pharmaceutical company which reformulates existing drugs and vaccines to improve their performance. Its vaccines include Nuvac and Nuvec.
BIOM: Price=156.11. Cap=4m. 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.
COS: Price=1.2. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Collagen Solutions is a supplier, developer, and manufacturer of collagen-based biomaterials and medical devices, including tissue scaffolds for use in regenerative medicine. The company derives most of its revenue from 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
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 17-Apr-20
Only 9 today!
Foxtons (FOXT) £22m placing at 40p, a 4% premium. Commissions earned during lockdown were down 47. Co "could potentially face a liquidity gap in the event of a reasonable worst case scenario."
Record (REC) AUME down $4.5bn end March but net inflows of $1.1bn in Q4 (excluding a temporary mandate). Will pay div.
Funding Circle Hldgs (FCH) accredited to join the British Business Bank's Coronavirus Business Interruption Loans Scheme. H2 impacted by COVID due to tightening credit criteria.
Catenae Innovation (CTEA) has joined a consortium led by Z/Yen Group to build a GDPR compliant identity documentation exchange system, "Cov-ID", to record an individual's Covid-19 test status. No guarantee that the Cov-ID product will be finalised nor enter the commercialisation stage.
Purplebricks Group (PURP) CFO scarpers. He is thanked.
Panther Securities (PNS) has sufficient liquid resources to continue trading for at least a further 21 months of lockdown. Will pay div. 41% of rental income from businesses that have not been forced to close or been recommended to close.
Urban Exposure (UEX) Due to conservative LTGDV co believes that the loan portfolio remains robust. Passes div. No guidance.
Angle (AGL) good independent research result for detection of head and neck cancer with Parsortix.
Bloomsbury Publishing (BMY) £8.4m placing at 223.25p, a 5% discount. Orders for print books impacted in all markets. No guidance. Passes cash div but may pay script div. What's the point of that? Adding to the placing dilution?
Notes (do not rely on the data)
FOXT: Price=38.7. Cap=106m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Foxtons Group is a London estate agency, offering residential property sales and lettings services through its Foxtons business.
REC: Price=30.6. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Record is a provider of currency management services in the United Kingdom. Its offering mainly includes hedging products including passive and dynamic hedging.
FCH: Price=97.9. Cap=342m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CTEA: Price=0.4. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PURP: Price=34.35. Cap=105m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Purplebricks Group is an estate agency engaged in lettings business driven by a combination of professional local property experts, technology and customer facing software.
PNS: Price=260. Cap=47m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Panther Securities is a property investment company. It is engaged in property investing and managing of secondary retail, industrial units and offices, and also owns many residential flats in several town centre locations.
UEX: Price=30. Cap=48m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AGL: Price=53.5. Cap=92m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ANGLE is a commercially driven specialist medical diagnostic company with pioneering products in cancer diagnostics and foetal health. The Company's product includes Parsortix cell separation system.
BMY: Price=235. Cap=177m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Bloomsbury Publishing along with its subsidiaries is engaged in the publication of books and other related services. The company's publishing services include editing, marketing, selling and distribution of titles either in print or digital formats.
* 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
Only 9 today!
Foxtons (FOXT) £22m placing at 40p, a 4% premium. Commissions earned during lockdown were down 47. Co "could potentially face a liquidity gap in the event of a reasonable worst case scenario."
Record (REC) AUME down $4.5bn end March but net inflows of $1.1bn in Q4 (excluding a temporary mandate). Will pay div.
Funding Circle Hldgs (FCH) accredited to join the British Business Bank's Coronavirus Business Interruption Loans Scheme. H2 impacted by COVID due to tightening credit criteria.
Catenae Innovation (CTEA) has joined a consortium led by Z/Yen Group to build a GDPR compliant identity documentation exchange system, "Cov-ID", to record an individual's Covid-19 test status. No guarantee that the Cov-ID product will be finalised nor enter the commercialisation stage.
Purplebricks Group (PURP) CFO scarpers. He is thanked.
Panther Securities (PNS) has sufficient liquid resources to continue trading for at least a further 21 months of lockdown. Will pay div. 41% of rental income from businesses that have not been forced to close or been recommended to close.
Urban Exposure (UEX) Due to conservative LTGDV co believes that the loan portfolio remains robust. Passes div. No guidance.
Angle (AGL) good independent research result for detection of head and neck cancer with Parsortix.
Bloomsbury Publishing (BMY) £8.4m placing at 223.25p, a 5% discount. Orders for print books impacted in all markets. No guidance. Passes cash div but may pay script div. What's the point of that? Adding to the placing dilution?
Notes (do not rely on the data)
FOXT: Price=38.7. Cap=106m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Foxtons Group is a London estate agency, offering residential property sales and lettings services through its Foxtons business.
REC: Price=30.6. Cap=61m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Record is a provider of currency management services in the United Kingdom. Its offering mainly includes hedging products including passive and dynamic hedging.
FCH: Price=97.9. Cap=342m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
CTEA: Price=0.4. Cap=m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PURP: Price=34.35. Cap=105m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Purplebricks Group is an estate agency engaged in lettings business driven by a combination of professional local property experts, technology and customer facing software.
PNS: Price=260. Cap=47m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Panther Securities is a property investment company. It is engaged in property investing and managing of secondary retail, industrial units and offices, and also owns many residential flats in several town centre locations.
UEX: Price=30. Cap=48m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AGL: Price=53.5. Cap=92m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
ANGLE is a commercially driven specialist medical diagnostic company with pioneering products in cancer diagnostics and foetal health. The Company's product includes Parsortix cell separation system.
BMY: Price=235. Cap=177m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Bloomsbury Publishing along with its subsidiaries is engaged in the publication of books and other related services. The company's publishing services include editing, marketing, selling and distribution of titles either in print or digital formats.
* 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
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MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 20-Apr-20 MrC's Smallcap Sweep. Newsworthy RNSs
◄IXI,CER,YGEN,MNO,TLY,PFD,SYS,NAH,PHD,GHT,WJA,MTPH,DFS,FDBK,GDR,BHRD,ODX,EZH
Full text & notes at:
IXICO (IXI) H1(March) rev up 33%. "A strong order book and cash position together with a backlog of revenue generating projects which are being undertaken during the COVID-19 "lock down" underpin the Company's confidence that it is well-placed." https://drive.google.com/file/d/1eSaWd7 ... p=drivesdk
Cerillion (CER) has not experienced any slowdown in trading due to lockdown. H1(March) in line with rev up 46%. Co "has added further resource, and its sales pipeline remains encouraging."
Yourgene Health (YGEN) FY(March) rev up 86%. Customers in Europe are continuing to operate as normal apart from some slight timing delays. "The Group remains well funded to achieve its objectives."
Maestrano Group (MNO) recent Q rev up 20% or 28% at constant currency. Expenses down 49%. ""Whilst the revenue reflects the change from the Company's previous core business to the new Airsight business, it is very encouraging to see improved results as the Company has transitioned to a lower overhead structure that complements the Airsight business model....based on current contracts and carefully considered opportunities, with no requirement for additional capital in our considered outlook."
Totally (TLY) guides FY(March) EBITDA ahead of consensus on lower than expected revenue. Rev miss due to due to NHS delays in awarding new tenders primarily as a result of Brexit and the general election. £8.9m net cash. ◄IXICO (IXI)► H1(March) rev up 33%. "A strong order book and cash position together with a backlog of revenue generating projects which are being undertaken during the COVID-19 "lock down" underpin the Company's confidence that it is well-placed."
Premier Foods (PFD) concludes strategic review. Cuts pension contribs. "NPV of pension deficit contributions could reduce from current £300-320m by up to approximately 45% to £175-185m." Has moved closer to a scheme buyout by a specialist insurance provider. Guides FY(March) trading profit' at the top end of market expectations. Volumes have started to reduce from the exceptional levels seen in March, although are still expected to continue to be higher than average patterns of demand. ◄Cerillion (CER)► has not experienced any slowdown in trading due to lockdown. H1(March) in line with rev up 46%. Co "has added further resource, and its sales pipeline remains encouraging."
SysGroup (SYS) guides FY(March) in line with mgmt expectations. Rev up 53%, adj EBITDA up 99%. No covid impact yet but may see order delays. ◄Yourgene Health (YGEN)► FY(March) rev up 86%. Customers in Europe are continuing to operate as normal apart from some slight timing delays. "The Group remains well funded to achieve its objectives."
NAHL Group (NAH) suspends guidance. "Since mid-March, the Group's Critical Care business has remained resilient with only a modest level of impact to date. However, the Group's Personal Injury division has suffered a more significant reduction in enquiries and its Residential Property division has suffered in line with the UK property market. Net debt £21m, "we believe that the Group will be able to manage net debt within the current headroom." ◄Maestrano Group (MNO)► recent Q rev up 20% or 28% at constant currency. Expenses down 49%. ""Whilst the revenue reflects the change from the Company's previous core business to the new Airsight business, it is very encouraging to see improved results as the Company has transitioned to a lower overhead structure that complements the Airsight business model....based on current contracts and carefully considered opportunities, with no requirement for additional capital in our considered outlook."
PROACTIS Holdings (PHD) rev, profitability, cash flow and net debt in line with mgmt expectations, not materially affected by COVID. Group remains comfortably within its existing facilities. ◄Totally (TLY)► guides FY(March) EBITDA ahead of consensus on lower than expected revenue. Rev miss due to due to NHS delays in awarding new tenders primarily as a result of Brexit and the general election. £8.9m net cash.
Gresham Technologies (GHT) rev committed or 'confidently expected' are 84% of of planned FY rev. New business activity has slowed. Cash at hand of £6.8m. No further FY guidance. ◄Premier Foods (PFD)► concludes strategic review. Cuts pension contribs. "NPV of pension deficit contributions could reduce from current £300-320m by up to approximately 45% to £175-185m." Has moved closer to a scheme buyout by a specialist insurance provider. Guides FY(March) trading profit' at the top end of market expectations. Volumes have started to reduce from the exceptional levels seen in March, although are still expected to continue to be higher than average patterns of demand.
Wameja (WJA) invests €3.6m in Homesend to keep same share as Mastercard injects cash. Q1 Average Transaction Value up 6% and 30% QoQ. ◄SysGroup (SYS)► guides FY(March) in line with mgmt expectations. Rev up 53%, adj EBITDA up 99%. No covid impact yet but may see order delays.
Midatech Pharma (MTPH) strategic review update: has received initial enquiries but not in discussions with any potential offeror. Appoints Noble investment bank and Panmure as advisors. ◄NAHL Group (NAH)► suspends guidance. "Since mid-March, the Group's Critical Care business has remained resilient with only a modest level of impact to date. However, the Group's Personal Injury division has suffered a more significant reduction in enquiries and its Residential Property division has suffered in line with the UK property market. Net debt £21m, "we believe that the Group will be able to manage net debt within the current headroom."
DFS Furniture (DFS) advanced stages of negotiating additional debt facility of £60m-£70m to cover the near-term working capital unwind until sofa deliveries can resume. Also placing. Cuts op C/F to £14m pcm. These "should give the Group significant liquidity to see through an extended lock-down." ◄PROACTIS Holdings (PHD)► rev, profitability, cash flow and net debt in line with mgmt expectations, not materially affected by COVID. Group remains comfortably within its existing facilities.
Feedback (FDBK) Pennine Acute Hospitals NHS Trust to roll out co's Bleepa imaging-based communication platform. ◄Gresham Technologies (GHT)► rev committed or 'confidently expected' are 84% of of planned FY rev. New business activity has slowed. Cash at hand of £6.8m. No further FY guidance.
Genedrive (GDR) agreement with Cytiva for development of Genedrive covid-19 assay for use on lab-based PCR instruments. ◄Wameja (WJA)► invests €3.6m in Homesend to keep same share as Mastercard injects cash. Q1 Average Transaction Value up 6% and 30% QoQ.
Be Heard Group (BHRD) expects rev hit from covid but the full impact is impossible to assess. ◄Midatech Pharma (MTPH)► strategic review update: has received initial enquiries but not in discussions with any potential offeror. Appoints Noble investment bank and Panmure as advisors.
Omega Diagnostics (ODX) formalise a partnership to mfr Mologic's COVID-19 first generation ELISA diagnostics test. ◄DFS Furniture (DFS)► advanced stages of negotiating additional debt facility of £60m-£70m to cover the near-term working capital unwind until sofa deliveries can resume. Also placing. Cuts op C/F to £14m pcm. These "should give the Group significant liquidity to see through an extended lock-down."
Easyhotel (EZH) to cancel listing on 19 May because listing costs are disproportionate to any potential benefits. ◄Feedback (FDBK)► Pennine Acute Hospitals NHS Trust to roll out co's Bleepa imaging-based communication platform.
◄Genedrive (GDR)► agreement with Cytiva for development of Genedrive covid-19 assay for use on lab-based PCR instruments.
◄Be Heard Group (BHRD)► expects rev hit from covid but the full impact is impossible to assess.
◄Omega Diagnostics (ODX)► formalise a partnership to mfr Mologic's COVID-19 first generation ELISA diagnostics test.
Notes (do not rely on the data) ◄Easyhotel (EZH)► to cancel listing on 19 May because listing costs are disproportionate to any potential benefits.
IXI: Price=66.6. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to pharmaceutical companies.
CER: Price=211. Cap=62m. 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. ◄Notes► (do not rely on the data)
YGEN: Price=20. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄IXI:► Price=66.6. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MNO: Price=1.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to pharmaceutical companies.
TLY: Price=11.45. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄CER:► Price=211. Cap=62m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Totally is engaged in the provision of solutions to the healthcare sector. The companies segment includes Totally Health, Premier Physical, About Health, Optimum Sports Performance Centre and Head Office. 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.
PFD: Price=32.7. Cap=277m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄YGEN:► Price=20. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Premier Foods is a British food manufacturing company. It manufactures, processes, and distributes food products. Its operating segments are Grocery, Sweet Treats, International, and Knighton. ◄MNO:► Price=1.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SYS: Price=26. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄TLY:► Price=11.45. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SysGroup is a provider of Internet Hosting and Cloud Infrastructure as a Service (IaaS). The Company delivers a range of Managed Services and Value Added Resale (VAR). Totally is engaged in the provision of solutions to the healthcare sector. The companies segment includes Totally Health, Premier Physical, About Health, Optimum Sports Performance Centre and Head Office.
NAH: Price=43. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄PFD:► Price=32.7. Cap=277m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NAHL Group is a consumer marketing company. The company operates in UK personal injury market, advertising through its core brand - National Accident Helpline. Premier Foods is a British food manufacturing company. It manufactures, processes, and distributes food products. Its operating segments are Grocery, Sweet Treats, International, and Knighton.
PHD: Price=18.5. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄SYS:► Price=26. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PROACTIS Holdings is a global spend management solution provider which creates, sells and maintains spend management software that enables organisations to streamline, control and monitor all expenditure, other than payroll. SysGroup is a provider of Internet Hosting and Cloud Infrastructure as a Service (IaaS). The Company delivers a range of Managed Services and Value Added Resale (VAR).
GHT: Price=125.49. Cap=86m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄NAH:► Price=43. Cap=20m. 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. NAHL Group is a consumer marketing company. The company operates in UK personal injury market, advertising through its core brand - National Accident Helpline.
WJA: Price=4.05. Cap=102m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄PHD:► Price=18.5. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MTPH: Price=22.25. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. PROACTIS Holdings is a global spend management solution provider which creates, sells and maintains spend management software that enables organisations to streamline, control and monitor all expenditure, other than payroll.
Midatech Pharma is a nanomedicine company engaged in the development and commercialization of multiple therapeutic products to enhance the delivery of medicines in diseases with high unmet medical needs. ◄GHT:► Price=125.49. Cap=86m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS: Price=130.8. Cap=278m. 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.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools. ◄WJA:► Price=4.05. Cap=102m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
FDBK: Price=1. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄MTPH:► Price=22.25. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Feedback through its subsidiaries is engaged in providing medical imaging tools for clinical decision makers. It develops software and systems that provide techniques and workflows for practitioners involved in medical research and treating patients. Midatech Pharma is a nanomedicine company engaged in the development and commercialization of multiple therapeutic products to enhance the delivery of medicines in diseases with high unmet medical needs.
GDR: Price=58. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄DFS:► Price=130.8. Cap=278m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Genedrive is a holding company engaged in molecular diagnostics business. The company is organised into operating divisions – Preclinical Research Services, Pharmacogenomic Services, and Diagnostics. DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
BHRD: Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄FDBK:► Price=1. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce. Feedback through its subsidiaries is engaged in providing medical imaging tools for clinical decision makers. It develops software and systems that provide techniques and workflows for practitioners involved in medical research and treating patients.
ODX: Price=28.7. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄GDR:► Price=58. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases. Genedrive is a holding company engaged in molecular diagnostics business. The company is organised into operating divisions – Preclinical Research Services, Pharmacogenomic Services, and Diagnostics.
EZH: Price=53.5. Cap=91m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄BHRD:► Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
easyHotel is an international owner, developer, operator and franchisor of easyHotel branded hotels. Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce.
◄ODX:► Price=28.7. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
* F/C for prev FY if Prelims released today Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
Data: yahoo, Google, Morningstar ◄EZH:► Price=53.5. Cap=91m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
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. easyHotel is an international owner, developer, operator and franchisor of easyHotel branded hotels.
RNSs * F/C for prev FY if Prelims released today
http://www.investegate.co.uk/index.aspx?limit=-1 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.
@MrContrarian
read it first on Twitter In-line statements & resource shares generally omitted.
@MrContrarian
read it first on Twitter
◄IXI,CER,YGEN,MNO,TLY,PFD,SYS,NAH,PHD,GHT,WJA,MTPH,DFS,FDBK,GDR,BHRD,ODX,EZH
Full text & notes at:
IXICO (IXI) H1(March) rev up 33%. "A strong order book and cash position together with a backlog of revenue generating projects which are being undertaken during the COVID-19 "lock down" underpin the Company's confidence that it is well-placed." https://drive.google.com/file/d/1eSaWd7 ... p=drivesdk
Cerillion (CER) has not experienced any slowdown in trading due to lockdown. H1(March) in line with rev up 46%. Co "has added further resource, and its sales pipeline remains encouraging."
Yourgene Health (YGEN) FY(March) rev up 86%. Customers in Europe are continuing to operate as normal apart from some slight timing delays. "The Group remains well funded to achieve its objectives."
Maestrano Group (MNO) recent Q rev up 20% or 28% at constant currency. Expenses down 49%. ""Whilst the revenue reflects the change from the Company's previous core business to the new Airsight business, it is very encouraging to see improved results as the Company has transitioned to a lower overhead structure that complements the Airsight business model....based on current contracts and carefully considered opportunities, with no requirement for additional capital in our considered outlook."
Totally (TLY) guides FY(March) EBITDA ahead of consensus on lower than expected revenue. Rev miss due to due to NHS delays in awarding new tenders primarily as a result of Brexit and the general election. £8.9m net cash. ◄IXICO (IXI)► H1(March) rev up 33%. "A strong order book and cash position together with a backlog of revenue generating projects which are being undertaken during the COVID-19 "lock down" underpin the Company's confidence that it is well-placed."
Premier Foods (PFD) concludes strategic review. Cuts pension contribs. "NPV of pension deficit contributions could reduce from current £300-320m by up to approximately 45% to £175-185m." Has moved closer to a scheme buyout by a specialist insurance provider. Guides FY(March) trading profit' at the top end of market expectations. Volumes have started to reduce from the exceptional levels seen in March, although are still expected to continue to be higher than average patterns of demand. ◄Cerillion (CER)► has not experienced any slowdown in trading due to lockdown. H1(March) in line with rev up 46%. Co "has added further resource, and its sales pipeline remains encouraging."
SysGroup (SYS) guides FY(March) in line with mgmt expectations. Rev up 53%, adj EBITDA up 99%. No covid impact yet but may see order delays. ◄Yourgene Health (YGEN)► FY(March) rev up 86%. Customers in Europe are continuing to operate as normal apart from some slight timing delays. "The Group remains well funded to achieve its objectives."
NAHL Group (NAH) suspends guidance. "Since mid-March, the Group's Critical Care business has remained resilient with only a modest level of impact to date. However, the Group's Personal Injury division has suffered a more significant reduction in enquiries and its Residential Property division has suffered in line with the UK property market. Net debt £21m, "we believe that the Group will be able to manage net debt within the current headroom." ◄Maestrano Group (MNO)► recent Q rev up 20% or 28% at constant currency. Expenses down 49%. ""Whilst the revenue reflects the change from the Company's previous core business to the new Airsight business, it is very encouraging to see improved results as the Company has transitioned to a lower overhead structure that complements the Airsight business model....based on current contracts and carefully considered opportunities, with no requirement for additional capital in our considered outlook."
PROACTIS Holdings (PHD) rev, profitability, cash flow and net debt in line with mgmt expectations, not materially affected by COVID. Group remains comfortably within its existing facilities. ◄Totally (TLY)► guides FY(March) EBITDA ahead of consensus on lower than expected revenue. Rev miss due to due to NHS delays in awarding new tenders primarily as a result of Brexit and the general election. £8.9m net cash.
Gresham Technologies (GHT) rev committed or 'confidently expected' are 84% of of planned FY rev. New business activity has slowed. Cash at hand of £6.8m. No further FY guidance. ◄Premier Foods (PFD)► concludes strategic review. Cuts pension contribs. "NPV of pension deficit contributions could reduce from current £300-320m by up to approximately 45% to £175-185m." Has moved closer to a scheme buyout by a specialist insurance provider. Guides FY(March) trading profit' at the top end of market expectations. Volumes have started to reduce from the exceptional levels seen in March, although are still expected to continue to be higher than average patterns of demand.
Wameja (WJA) invests €3.6m in Homesend to keep same share as Mastercard injects cash. Q1 Average Transaction Value up 6% and 30% QoQ. ◄SysGroup (SYS)► guides FY(March) in line with mgmt expectations. Rev up 53%, adj EBITDA up 99%. No covid impact yet but may see order delays.
Midatech Pharma (MTPH) strategic review update: has received initial enquiries but not in discussions with any potential offeror. Appoints Noble investment bank and Panmure as advisors. ◄NAHL Group (NAH)► suspends guidance. "Since mid-March, the Group's Critical Care business has remained resilient with only a modest level of impact to date. However, the Group's Personal Injury division has suffered a more significant reduction in enquiries and its Residential Property division has suffered in line with the UK property market. Net debt £21m, "we believe that the Group will be able to manage net debt within the current headroom."
DFS Furniture (DFS) advanced stages of negotiating additional debt facility of £60m-£70m to cover the near-term working capital unwind until sofa deliveries can resume. Also placing. Cuts op C/F to £14m pcm. These "should give the Group significant liquidity to see through an extended lock-down." ◄PROACTIS Holdings (PHD)► rev, profitability, cash flow and net debt in line with mgmt expectations, not materially affected by COVID. Group remains comfortably within its existing facilities.
Feedback (FDBK) Pennine Acute Hospitals NHS Trust to roll out co's Bleepa imaging-based communication platform. ◄Gresham Technologies (GHT)► rev committed or 'confidently expected' are 84% of of planned FY rev. New business activity has slowed. Cash at hand of £6.8m. No further FY guidance.
Genedrive (GDR) agreement with Cytiva for development of Genedrive covid-19 assay for use on lab-based PCR instruments. ◄Wameja (WJA)► invests €3.6m in Homesend to keep same share as Mastercard injects cash. Q1 Average Transaction Value up 6% and 30% QoQ.
Be Heard Group (BHRD) expects rev hit from covid but the full impact is impossible to assess. ◄Midatech Pharma (MTPH)► strategic review update: has received initial enquiries but not in discussions with any potential offeror. Appoints Noble investment bank and Panmure as advisors.
Omega Diagnostics (ODX) formalise a partnership to mfr Mologic's COVID-19 first generation ELISA diagnostics test. ◄DFS Furniture (DFS)► advanced stages of negotiating additional debt facility of £60m-£70m to cover the near-term working capital unwind until sofa deliveries can resume. Also placing. Cuts op C/F to £14m pcm. These "should give the Group significant liquidity to see through an extended lock-down."
Easyhotel (EZH) to cancel listing on 19 May because listing costs are disproportionate to any potential benefits. ◄Feedback (FDBK)► Pennine Acute Hospitals NHS Trust to roll out co's Bleepa imaging-based communication platform.
◄Genedrive (GDR)► agreement with Cytiva for development of Genedrive covid-19 assay for use on lab-based PCR instruments.
◄Be Heard Group (BHRD)► expects rev hit from covid but the full impact is impossible to assess.
◄Omega Diagnostics (ODX)► formalise a partnership to mfr Mologic's COVID-19 first generation ELISA diagnostics test.
Notes (do not rely on the data) ◄Easyhotel (EZH)► to cancel listing on 19 May because listing costs are disproportionate to any potential benefits.
IXI: Price=66.6. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to pharmaceutical companies.
CER: Price=211. Cap=62m. 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. ◄Notes► (do not rely on the data)
YGEN: Price=20. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄IXI:► Price=66.6. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MNO: Price=1.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. IXICO is engaged in providing clinical trial services and technology to evaluate imaging endpoints to pharmaceutical companies.
TLY: Price=11.45. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄CER:► Price=211. Cap=62m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Totally is engaged in the provision of solutions to the healthcare sector. The companies segment includes Totally Health, Premier Physical, About Health, Optimum Sports Performance Centre and Head Office. 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.
PFD: Price=32.7. Cap=277m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄YGEN:► Price=20. Cap=123m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Premier Foods is a British food manufacturing company. It manufactures, processes, and distributes food products. Its operating segments are Grocery, Sweet Treats, International, and Knighton. ◄MNO:► Price=1.5. Cap=3m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SYS: Price=26. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄TLY:► Price=11.45. Cap=21m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SysGroup is a provider of Internet Hosting and Cloud Infrastructure as a Service (IaaS). The Company delivers a range of Managed Services and Value Added Resale (VAR). Totally is engaged in the provision of solutions to the healthcare sector. The companies segment includes Totally Health, Premier Physical, About Health, Optimum Sports Performance Centre and Head Office.
NAH: Price=43. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄PFD:► Price=32.7. Cap=277m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
NAHL Group is a consumer marketing company. The company operates in UK personal injury market, advertising through its core brand - National Accident Helpline. Premier Foods is a British food manufacturing company. It manufactures, processes, and distributes food products. Its operating segments are Grocery, Sweet Treats, International, and Knighton.
PHD: Price=18.5. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄SYS:► Price=26. Cap=13m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
PROACTIS Holdings is a global spend management solution provider which creates, sells and maintains spend management software that enables organisations to streamline, control and monitor all expenditure, other than payroll. SysGroup is a provider of Internet Hosting and Cloud Infrastructure as a Service (IaaS). The Company delivers a range of Managed Services and Value Added Resale (VAR).
GHT: Price=125.49. Cap=86m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄NAH:► Price=43. Cap=20m. 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. NAHL Group is a consumer marketing company. The company operates in UK personal injury market, advertising through its core brand - National Accident Helpline.
WJA: Price=4.05. Cap=102m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄PHD:► Price=18.5. Cap=18m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MTPH: Price=22.25. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. PROACTIS Holdings is a global spend management solution provider which creates, sells and maintains spend management software that enables organisations to streamline, control and monitor all expenditure, other than payroll.
Midatech Pharma is a nanomedicine company engaged in the development and commercialization of multiple therapeutic products to enhance the delivery of medicines in diseases with high unmet medical needs. ◄GHT:► Price=125.49. Cap=86m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS: Price=130.8. Cap=278m. 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.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools. ◄WJA:► Price=4.05. Cap=102m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
FDBK: Price=1. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄MTPH:► Price=22.25. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Feedback through its subsidiaries is engaged in providing medical imaging tools for clinical decision makers. It develops software and systems that provide techniques and workflows for practitioners involved in medical research and treating patients. Midatech Pharma is a nanomedicine company engaged in the development and commercialization of multiple therapeutic products to enhance the delivery of medicines in diseases with high unmet medical needs.
GDR: Price=58. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄DFS:► Price=130.8. Cap=278m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Genedrive is a holding company engaged in molecular diagnostics business. The company is organised into operating divisions – Preclinical Research Services, Pharmacogenomic Services, and Diagnostics. DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
BHRD: Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄FDBK:► Price=1. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce. Feedback through its subsidiaries is engaged in providing medical imaging tools for clinical decision makers. It develops software and systems that provide techniques and workflows for practitioners involved in medical research and treating patients.
ODX: Price=28.7. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄GDR:► Price=58. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases. Genedrive is a holding company engaged in molecular diagnostics business. The company is organised into operating divisions – Preclinical Research Services, Pharmacogenomic Services, and Diagnostics.
EZH: Price=53.5. Cap=91m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA. ◄BHRD:► Price=0.2. Cap=2m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
easyHotel is an international owner, developer, operator and franchisor of easyHotel branded hotels. Be Heard Group is a digital marketing group operating at the intersection of marketing, technology, and e-commerce.
◄ODX:► Price=28.7. Cap=43m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
* F/C for prev FY if Prelims released today Omega Diagnostics Group provides in-vitro diagnostics (IVD) products for use in hospitals, blood banks, clinics and laboratories and specializes in the areas of allergy and autoimmune, food intolerance and infectious diseases.
Data: yahoo, Google, Morningstar ◄EZH:► Price=53.5. Cap=91m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
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. easyHotel is an international owner, developer, operator and franchisor of easyHotel branded hotels.
RNSs * F/C for prev FY if Prelims released today
http://www.investegate.co.uk/index.aspx?limit=-1 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.
@MrContrarian
read it first on Twitter In-line statements & resource shares generally omitted.
@MrContrarian
read it first on Twitter
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MrContrarian
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 21-Apr-20
MBH bricking it again
Dialight (DIA) Mexico plant closed pending review of application for an "essential business" order. Q1 in line until end March saw softening in Lighting. Bank talks to arrange additional liquidity and covenant headroom, should that be required. Co's expectations for H1 and FY have significantly reduced.
Nexus Infrastructure (NEXS) H1(March) in line with rev up 18%. Tamdown has furloughed 97% of its employees, TriConnex 74% aND eSmart Networks 53%. Cash at hand £19.6m. No guidance.
Titon (TON) limited scale production will re-start but orders fulfilled will be a small proportion of normal sales.
Flowtech Fluidpower (FLO) Q1(March) was in line until lockdown. Rev down 10%. Net debt £15.6m, facilty is £25m. "The work undertaken as part of our restructuring activities over the past twelve months is helping our [lockdown] planning enormously."
Michelmersh Brick (MBH) factories are reopening.
Severfield (SFR) some disruption to its operations. Order book £293m (1 Nov £323m). The level of tendering and pipeline activity for the Group remains good. No material impact of covid on FY(March) but FY21 will be hit. Cash headroom exceeds £50m.
Aptitude Software (APTD) home working has not lead to service disruption to clients. Net cash £31.2m. Recurring revenue level over 50%. Q1 rev and profit slightly ahead of mgmt expectations. Sales cycles are lengthening. CO comfortably profitable and cash generative under covid scenarios, although below earlier expectations. Will pay div.
Joules Group (JOUL) £15m increase to revolving credit facility, has sufficient liquidity headroom to manage a COVID downside scenario. "Customer traffic and demand to Joules.com has been running ahead of the Group's revised expectations."
Lidco Group (LID) Significant increased demand as a result of COVID. "Although no clinical studies have been conducted involving patients with COVID-19, clinical studies have demonstrated that the use of LiDCO's technology in the treatment of sepsis significantly improves outcomes and reduces mortality."
Billington (BILN) majority of construction sites open and customer projects continuing after some temporary interruptions. Some reduction in volumes of certain products and services but "well placed to deal with the uncertain future ahead."
Equals Group (EQLS) Q1(March) rev up 32%. Q2 indications are within median expectations on co's scenario modelling.
RBG Holdings (RBGP) Rosenblatt has seen no change in existing instructions with work proceeding as planned across all practice areas and has had new instructions due to financial restructuring and employment-related issues.
Notes (do not rely on the data)
DIA: Price=202.46. Cap=66m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dialight manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations including the oil and gas and mining sectors. Its segments are Lighting, and Signals and Components.
NEXS: Price=176. Cap=67m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nexus Infrastructure provides infrastructure services to housebuilding and commercial sectors. It operates through two businesses that provide infrastructure services and designing, installation and connecting utility networks to properties.
TON: Price=83.75. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Titon Holdings is engaged in manufacturing and sale of passive and powered ventilation products to house builders, distributors, construction companies, electrical contractors and window and door manufacturers.
FLO: Price=60.79. Cap=37m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Flowtech Fluidpower is a distributor of technical fluid power products. The Company supplies its fluid power products to distributors and resellers of industrial maintenance, repair and operations products.
MBH: Price=95. Cap=89m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Michelmersh Brick Holdings is engaged in the management and administration of its subsidiary companies. The main activity of the subsidiary companies is to manufacture bricks, with one subsidiary operating a landfill site.
SFR: Price=68.4. Cap=209m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Severfield is an engineering and construction company. It provides services like design, fabrication and erection of structural steelwork for bridges, car parks, city centres and others.
APTD: Price=400. Cap=225m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
JOUL: Price=75. Cap=81m. 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.
LID: Price=9. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LiDCO Group supplies non-invasive and minimally invasive hemodynamic monitoring equipment to hospitals. The company’s products are used principally in the treatment of high-risk patients in both critical care units and in the operating theatre.
BILN: Price=315. Cap=41m. 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.
EQLS: Price=29. Cap=52m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RBGP: Price=64.75. Cap=55m. 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
MBH bricking it again
Dialight (DIA) Mexico plant closed pending review of application for an "essential business" order. Q1 in line until end March saw softening in Lighting. Bank talks to arrange additional liquidity and covenant headroom, should that be required. Co's expectations for H1 and FY have significantly reduced.
Nexus Infrastructure (NEXS) H1(March) in line with rev up 18%. Tamdown has furloughed 97% of its employees, TriConnex 74% aND eSmart Networks 53%. Cash at hand £19.6m. No guidance.
Titon (TON) limited scale production will re-start but orders fulfilled will be a small proportion of normal sales.
Flowtech Fluidpower (FLO) Q1(March) was in line until lockdown. Rev down 10%. Net debt £15.6m, facilty is £25m. "The work undertaken as part of our restructuring activities over the past twelve months is helping our [lockdown] planning enormously."
Michelmersh Brick (MBH) factories are reopening.
Severfield (SFR) some disruption to its operations. Order book £293m (1 Nov £323m). The level of tendering and pipeline activity for the Group remains good. No material impact of covid on FY(March) but FY21 will be hit. Cash headroom exceeds £50m.
Aptitude Software (APTD) home working has not lead to service disruption to clients. Net cash £31.2m. Recurring revenue level over 50%. Q1 rev and profit slightly ahead of mgmt expectations. Sales cycles are lengthening. CO comfortably profitable and cash generative under covid scenarios, although below earlier expectations. Will pay div.
Joules Group (JOUL) £15m increase to revolving credit facility, has sufficient liquidity headroom to manage a COVID downside scenario. "Customer traffic and demand to Joules.com has been running ahead of the Group's revised expectations."
Lidco Group (LID) Significant increased demand as a result of COVID. "Although no clinical studies have been conducted involving patients with COVID-19, clinical studies have demonstrated that the use of LiDCO's technology in the treatment of sepsis significantly improves outcomes and reduces mortality."
Billington (BILN) majority of construction sites open and customer projects continuing after some temporary interruptions. Some reduction in volumes of certain products and services but "well placed to deal with the uncertain future ahead."
Equals Group (EQLS) Q1(March) rev up 32%. Q2 indications are within median expectations on co's scenario modelling.
RBG Holdings (RBGP) Rosenblatt has seen no change in existing instructions with work proceeding as planned across all practice areas and has had new instructions due to financial restructuring and employment-related issues.
Notes (do not rely on the data)
DIA: Price=202.46. Cap=66m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Dialight manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations including the oil and gas and mining sectors. Its segments are Lighting, and Signals and Components.
NEXS: Price=176. Cap=67m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Nexus Infrastructure provides infrastructure services to housebuilding and commercial sectors. It operates through two businesses that provide infrastructure services and designing, installation and connecting utility networks to properties.
TON: Price=83.75. Cap=9m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Titon Holdings is engaged in manufacturing and sale of passive and powered ventilation products to house builders, distributors, construction companies, electrical contractors and window and door manufacturers.
FLO: Price=60.79. Cap=37m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Flowtech Fluidpower is a distributor of technical fluid power products. The Company supplies its fluid power products to distributors and resellers of industrial maintenance, repair and operations products.
MBH: Price=95. Cap=89m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Michelmersh Brick Holdings is engaged in the management and administration of its subsidiary companies. The main activity of the subsidiary companies is to manufacture bricks, with one subsidiary operating a landfill site.
SFR: Price=68.4. Cap=209m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Severfield is an engineering and construction company. It provides services like design, fabrication and erection of structural steelwork for bridges, car parks, city centres and others.
APTD: Price=400. Cap=225m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
JOUL: Price=75. Cap=81m. 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.
LID: Price=9. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
LiDCO Group supplies non-invasive and minimally invasive hemodynamic monitoring equipment to hospitals. The company’s products are used principally in the treatment of high-risk patients in both critical care units and in the operating theatre.
BILN: Price=315. Cap=41m. 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.
EQLS: Price=29. Cap=52m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
RBGP: Price=64.75. Cap=55m. 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
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MrContrarian
- Lemon Quarter
- Posts: 1778
- Joined: November 4th, 2016, 2:45 pm
- Has thanked: 43 times
- Been thanked: 1611 times
Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 22-Apr-20
Cheers for boohoo
Wynnstay Properties (WSP) value of freeholds down 3.4%. Co has received 70% of the total rental income due for Q1. Considering tenant rent holidays.
Biome Technologies (BIOM) Q1 in line with rev £1.3m (£2.1m) due to weak RF division demand (as reported). Limited covid impact. Net cash £1.8m.
Ebiquity (EBQ) covid affecting clients' businesses and their service requirement. Passing div.
boohoo (BOO) FY rev up 44%. Since the middle of March, trading has been mixed...initially with a marked decrease in year-on-year growth. Performance has improved in more recent weeks and we are now seeing *improved* year-on-year growth of group sales during April. Co has sufficient financial headroom with £241m net cash.
AB Dynamics (ABDP) H1 rev up 35% but only 11% U/L. Adj EPS 31.2p up 10%. H2 covid impact uncertain, both for demand and supply chain. No material reduction in order intake but seen a deferment of some larger orders. Passing div. No guidance.
Moss Bros (MOSB) offeror applies to Takeover Panel to pull bid. Co will oppose.
Intelligent Ultrasound (MED) case study of critical care simulation based training sessions using BodyWorks Point-of-Care Ultrasound Simulator with the newly installed COVID-19 lung module. A medic said "Having these COVID-19 specific cases available on the BodyWorks Eve ultrasound simulator in the early days of the pandemic has had a significant effect on our ability to quickly train clinicians on lung ultrasound in order to provide better patient care."
Avacta (AVCT) well ahead of schedule on developing an Affimer-based rapid test for COVID infection.
Notes (do not rely on the data)
WSP: Price=605. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wynnstay Properties is a property investment, development and management company. Its segments include industrial, retail and office.
BIOM: Price=164.82. Cap=5m. 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.
EBQ: Price=27.21. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ebiquity plc is a United Kingdom-based holding company. The company is engaged in providing independent marketing analytics and insights across the marketing and media landscape
BOO: Price=271.48. Cap=3164m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
boohoo.com is an online fashion retailer catering men and women in the UK and internationally. The firm designs, markets and sells its own-brand products through its website www.boohoo.com. Its business is spread across the UK, Europe and Others.
ABDP: Price=1512.5. Cap=341m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AB Dynamics is engaged in designing and manufacturing test equipment for vehicle suspension, steering, noise and vibration. It also offers services including analysis, design, prototype manufacture, testing and development.
MOSB: Price=20. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Moss Bros Group along with its subsidiaries retails and hires formal wear for men, predominantly in the United Kingdom. It operates through Moss Bros branded mainstream stores.
MED: Price=11.88. Cap=26m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MedaPhor Group plc is a holding company engaged in the development, marketing and distribution of ultrasound simulation devices for use in the training of medical professionals.
AVCT: Price=55. Cap=97m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avacta Group is a United Kingdom based company, which caters to the healthcare sector. It develops medical diagnostic products such as reagents and arrays which are helpful in drug discovery.
* 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
Cheers for boohoo
Wynnstay Properties (WSP) value of freeholds down 3.4%. Co has received 70% of the total rental income due for Q1. Considering tenant rent holidays.
Biome Technologies (BIOM) Q1 in line with rev £1.3m (£2.1m) due to weak RF division demand (as reported). Limited covid impact. Net cash £1.8m.
Ebiquity (EBQ) covid affecting clients' businesses and their service requirement. Passing div.
boohoo (BOO) FY rev up 44%. Since the middle of March, trading has been mixed...initially with a marked decrease in year-on-year growth. Performance has improved in more recent weeks and we are now seeing *improved* year-on-year growth of group sales during April. Co has sufficient financial headroom with £241m net cash.
AB Dynamics (ABDP) H1 rev up 35% but only 11% U/L. Adj EPS 31.2p up 10%. H2 covid impact uncertain, both for demand and supply chain. No material reduction in order intake but seen a deferment of some larger orders. Passing div. No guidance.
Moss Bros (MOSB) offeror applies to Takeover Panel to pull bid. Co will oppose.
Intelligent Ultrasound (MED) case study of critical care simulation based training sessions using BodyWorks Point-of-Care Ultrasound Simulator with the newly installed COVID-19 lung module. A medic said "Having these COVID-19 specific cases available on the BodyWorks Eve ultrasound simulator in the early days of the pandemic has had a significant effect on our ability to quickly train clinicians on lung ultrasound in order to provide better patient care."
Avacta (AVCT) well ahead of schedule on developing an Affimer-based rapid test for COVID infection.
Notes (do not rely on the data)
WSP: Price=605. Cap=16m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Wynnstay Properties is a property investment, development and management company. Its segments include industrial, retail and office.
BIOM: Price=164.82. Cap=5m. 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.
EBQ: Price=27.21. Cap=22m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Ebiquity plc is a United Kingdom-based holding company. The company is engaged in providing independent marketing analytics and insights across the marketing and media landscape
BOO: Price=271.48. Cap=3164m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
boohoo.com is an online fashion retailer catering men and women in the UK and internationally. The firm designs, markets and sells its own-brand products through its website www.boohoo.com. Its business is spread across the UK, Europe and Others.
ABDP: Price=1512.5. Cap=341m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
AB Dynamics is engaged in designing and manufacturing test equipment for vehicle suspension, steering, noise and vibration. It also offers services including analysis, design, prototype manufacture, testing and development.
MOSB: Price=20. Cap=20m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Moss Bros Group along with its subsidiaries retails and hires formal wear for men, predominantly in the United Kingdom. It operates through Moss Bros branded mainstream stores.
MED: Price=11.88. Cap=26m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
MedaPhor Group plc is a holding company engaged in the development, marketing and distribution of ultrasound simulation devices for use in the training of medical professionals.
AVCT: Price=55. Cap=97m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Avacta Group is a United Kingdom based company, which caters to the healthcare sector. It develops medical diagnostic products such as reagents and arrays which are helpful in drug discovery.
* 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
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MrContrarian
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Re: MrC's Smallcap Sweeps for Apr 2020
Smallcap Sweep. 23-Apr-20
Gear4music strikes a chord
Non-Standard Finance (NSF) to restart normal lending co is developing new scorecards and procedures, launched a remote lending solution for home credit business. Collections in April at ~90% of usual level but a large proportion of collections occur nearer to the end of the month. Group has become cash flow positive in April after all operating expenses.
Collagen Solutions COS) FY(March) rev down 3% due to covid which is hitting production, logistics and customers. Several late-stage agreements were delayed by customers beyond YE. Cash £2.1m.
Studio Retail (STU) guides FY(March) pretax in middle of forecasts. Studio division rev well ahead YoY during lockdown, especially in toys, games, electricals, fitness and garden. Cutting summer stock intake, particularly on clothing. Education div rev 20-30% of normal. Cash at hand £32m and has sufficient liquidity for its near-term requirements without requiring recourse to government funding schemes. No FY21 guidance. Expects sale of Education div to complete in Aug, before bad debt provision.
Devro (DVO) Q1 rev up 2%. Some raw material inflation due to shortages. Passs div but will pay same amt with interim div.
SDI Group (SDI) guides FY(April) in line with rev ~£24m. Current sales at reduced levels.
Gear4music (G4M) guides FY(March) rev up 9%, EBITDA not less than £7m (£2.3m). Gross margin up 310bps. High demand since late March.
Trifast (TRI) guides FY(March) U/L pretax broadly in line with market expectations despite covid hit to sales. Passes div. No FY21 guidance. Project Atlas rollout delayed to H2 FY21, optimistic on getting at least some of the deferral time back.
Dods Group (DODS) Merit workforce in India now working remotely with little disruption to the business. A third of UK workers furloughed but that's only 5% of Go. No guidance.
Smartspace Software (SMRT) enterprise software division has a small number of large multi-national customers and has seen no significant impact. AV equipment: material reduction in order intake. SwipedOn: new customer wins have slowed, but not stopped. Cash at hand £1.9m. No FY21 guidance.
Braemar Shipping Services (BMS) Q1 so far in line with new guidance. Passing div. Bank facilities should provide adequate liquidity and covenant headroom.
Open Orphan (ORPH) has commenced the testing of an anti-viral for treating COVID-19 on behalf of its client Nearmedic. Testing starts with flu, "normal" circulating betacoronavirus and ultimately COVID.
Synectics (SNX) significantly reduced levels of activity in every sector and geography. "Reasonable [?] levels of design and planning work are continuing for projects now expected to proceed later in the year than originally anticipated." Net cash £3.3m and £5m facilty unused.
NMCN (NMCN) FY(Dec) rev up 19%. Passes div. Workload 30% below normal. Co confident able to survive lockdown.
DFS (DFS) placing went throught at 150p, a 16% premium.
Notes (do not rely on the data)
NSF: Price=10. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Non-Standard Finance is a credit service provider. Its services include unsecured loans, home credit and other credit facilities throughout the United Kingdom.
March: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
STU: Price=188. Cap=163m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DVO: Price=144.8. Cap=242m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Devro is a manufacturer of collagen products for the food industry. Its core product is collagen casings. Collagen casing is used to manufacture all varieties of sausages. It has edible, non-edible, films and plastics types.
SDI: Price=57.7. Cap=56m. 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.
G4M: Price=251. Cap=53m. 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.
TRI: Price=122. Cap=150m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Trifast engineers, manufactures and distributes industrial fastenings and category C components to industries and customers. Its products are used in automotive, electronics and domestic appliances.
DODS: Price=3. Cap=17m. 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.
SMRT: Price=17.45. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BMS: Price=95. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Braemar Shipping Services offers technical and professional services to the shipping and marine industries. Its services include chartering, freight derivatives brokering, marine surveying and engineering services, and logistics services.
ORPH: Price=7.05. Cap=39m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SNX: Price=105. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Synectics designs, integrates, controls and manages surveillance technology, and networked security systems as well as provides related security management and support services. Its segments include Systems, and Integration & Managed Services.
NMCN: Price=400. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS: Price=129. Cap=274m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
* 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
Gear4music strikes a chord
Non-Standard Finance (NSF) to restart normal lending co is developing new scorecards and procedures, launched a remote lending solution for home credit business. Collections in April at ~90% of usual level but a large proportion of collections occur nearer to the end of the month. Group has become cash flow positive in April after all operating expenses.
Collagen Solutions COS) FY(March) rev down 3% due to covid which is hitting production, logistics and customers. Several late-stage agreements were delayed by customers beyond YE. Cash £2.1m.
Studio Retail (STU) guides FY(March) pretax in middle of forecasts. Studio division rev well ahead YoY during lockdown, especially in toys, games, electricals, fitness and garden. Cutting summer stock intake, particularly on clothing. Education div rev 20-30% of normal. Cash at hand £32m and has sufficient liquidity for its near-term requirements without requiring recourse to government funding schemes. No FY21 guidance. Expects sale of Education div to complete in Aug, before bad debt provision.
Devro (DVO) Q1 rev up 2%. Some raw material inflation due to shortages. Passs div but will pay same amt with interim div.
SDI Group (SDI) guides FY(April) in line with rev ~£24m. Current sales at reduced levels.
Gear4music (G4M) guides FY(March) rev up 9%, EBITDA not less than £7m (£2.3m). Gross margin up 310bps. High demand since late March.
Trifast (TRI) guides FY(March) U/L pretax broadly in line with market expectations despite covid hit to sales. Passes div. No FY21 guidance. Project Atlas rollout delayed to H2 FY21, optimistic on getting at least some of the deferral time back.
Dods Group (DODS) Merit workforce in India now working remotely with little disruption to the business. A third of UK workers furloughed but that's only 5% of Go. No guidance.
Smartspace Software (SMRT) enterprise software division has a small number of large multi-national customers and has seen no significant impact. AV equipment: material reduction in order intake. SwipedOn: new customer wins have slowed, but not stopped. Cash at hand £1.9m. No FY21 guidance.
Braemar Shipping Services (BMS) Q1 so far in line with new guidance. Passing div. Bank facilities should provide adequate liquidity and covenant headroom.
Open Orphan (ORPH) has commenced the testing of an anti-viral for treating COVID-19 on behalf of its client Nearmedic. Testing starts with flu, "normal" circulating betacoronavirus and ultimately COVID.
Synectics (SNX) significantly reduced levels of activity in every sector and geography. "Reasonable [?] levels of design and planning work are continuing for projects now expected to proceed later in the year than originally anticipated." Net cash £3.3m and £5m facilty unused.
NMCN (NMCN) FY(Dec) rev up 19%. Passes div. Workload 30% below normal. Co confident able to survive lockdown.
DFS (DFS) placing went throught at 150p, a 16% premium.
Notes (do not rely on the data)
NSF: Price=10. Cap=31m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Non-Standard Finance is a credit service provider. Its services include unsecured loans, home credit and other credit facilities throughout the United Kingdom.
March: Price=NA. Cap=NA. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
STU: Price=188. Cap=163m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DVO: Price=144.8. Cap=242m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Devro is a manufacturer of collagen products for the food industry. Its core product is collagen casings. Collagen casing is used to manufacture all varieties of sausages. It has edible, non-edible, films and plastics types.
SDI: Price=57.7. Cap=56m. 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.
G4M: Price=251. Cap=53m. 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.
TRI: Price=122. Cap=150m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Trifast engineers, manufactures and distributes industrial fastenings and category C components to industries and customers. Its products are used in automotive, electronics and domestic appliances.
DODS: Price=3. Cap=17m. 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.
SMRT: Price=17.45. Cap=5m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
BMS: Price=95. Cap=30m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Braemar Shipping Services offers technical and professional services to the shipping and marine industries. Its services include chartering, freight derivatives brokering, marine surveying and engineering services, and logistics services.
ORPH: Price=7.05. Cap=39m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
SNX: Price=105. Cap=19m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
Synectics designs, integrates, controls and manages surveillance technology, and networked security systems as well as provides related security management and support services. Its segments include Systems, and Integration & Managed Services.
NMCN: Price=400. Cap=42m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS: Price=129. Cap=274m. F/C for current FY*: EPS= NA, Prospective PE= NA, Revenue=NA.
DFS Furniture is a retailer of upholstered furniture. It also designs, manufactures, sells, delivers and installs upholstered and other furniture products. It offers products including sofas, armchairs, reclining chairs and footstools.
* 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
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