Mr's Smallcap Sweeps for Feb 2018

[MrContrarian]

Smallcap Sweep. 28-Feb-18

Vernalis (VER) warns Tuzistra XR prescriptions expected to be below FY guided range of 105,000-115,000. Also no significant updates from Tris on either addressing the CCP-07 or CCP-08 complete response letters, or achieving proof-of-concept for CCP-06. Will reveal plan to cut cash burn soon.
Defenx (DFX) as warned FY rev materially below prior year and will report a significant loss. "The board is now looking to implement a strategic plan, defenx 2020, which will see the Group build on its existing cloud backup product with a focus on corporate customers. This strategy reflects the changing competitive landscape..." No progress on collection of trade debtors arising from the Group's security product sales. The Group is actively exploring funding options and shareholder BV-Tech continues to be supportive.
Safestyle UK (SFE) warns again. Order intake in 2018 to date has been disappointing, guides FY underlying pretax materially below 2017 and current market expectations. Cutting costs.
Foxtons Group (FOXT) FY in line., adj EPS 2.6p (5.7p). Outlook: "expect trading conditions to remain challenging during 2018, and our current sales pipeline is below where it was this time last year...We anticipate the implementation of the Tenant Fees Bill in 2019. Though at this stage it is unclear exactly what the legislation will look like, we are exploring ways to mitigate the impact."


Notes (do not rely on the data)
VER: Price=5.63. Cap=28m. F/C for current FY*: EPS= -6.46, Prospective PE= -0.9, Revenue=NA.
Vernalis is a pharmaceutical products manufacturer. Its activities include the research, development and commercialization of drugs mainly to counter cough and cold.
DFX: Price=20. Cap=3m. F/C for current FY*: EPS= 17.95, Prospective PE= 1.1, Revenue=NA.
Defenx provides security solutions with a range of products for mobile devices and PCs and protecting them against hackers and data loss.
SFE: Price=152. Cap=126m. F/C for current FY*: EPS= 14.44, Prospective PE= 10.5, Revenue=NA.
Safestyle UK manufactures and installs replacement doors and windows. Its products include double glazed doors and windows which are marketed under the EcoDiamond brand.
FOXT: Price=83.3. Cap=229m. F/C for current FY*: EPS= 2.64, Prospective PE= 31.6, Revenue=NA.
Foxtons Group is a London estate agency, offering residential property sales and lettings services through its Foxtons business.

* 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

[bruncher]

Smallcap Sweep. 21-Feb-18


Flowgroup (FLOW) gets £5m "additional short term, seasonal working* capital funding" till August from existing loan note holders. 1% pcm , £75k fee. Trading in line with the Board's expectations. "However, the highly competitive market in which the Company operates is continuing to evolve rapidly and new entrants with new business models continue to join the domestic energy supply market, while some businesses have exited." * Any more ways to say it's temporary, not normal, only till payday, just while things are a bit tight?

FLOW: Price=0.31. Cap=5m. F/C for current FY*: EPS= -1.74, Prospective PE= -0.2, Revenue=NA.
Flowgroup and its subsidiaries are engaged in energy supply and the provision of energy services and technologies.

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

Wow! Looking at Flowgroup. The price has continued dropping sharply. I am tempted, but the self-imposed limit of 250,000 customers is not a plan for growth. Is there any hope for this company? Someone's buying.