News for the Snoozers - Part 4

Monday, 26th January 2015 10:24 - by Moosh

Beximco Pharma (TIDM: BXP)

The company recently announced initiation of exports to Australia, beginning with pantoprazole and it looks like more products will follow to open up a whole new market for BXP.¹ The share still remains undervalued on earnings and net asset value and has been continually profitable and dividend-paying for a number of years.

Orosur Mining (TIDM: OMI)

With the upturn in gold price lately, to as high as $1307 over the last week, OMI has a good chance of benefitting from this in the second half of its financial year since the company intends to mine the higher grade ore from its South American project.² With the current price at 12.125p (mid-price as of 23/1/15), the company is currently sitting at a substantial discount to its net assets of $82.98m (~£55.36m) given the current market capitalisation of £11.72m.³ With less than 100m shares in circulation, OMI, for me at least, remains a company which I intend to be an invader of to build up a freehold of shares for the long term, which would become useful if the company begins to pay dividends in the future.⁴

Servision (TIDM: SEV)

SEV has updated the market with an order for its CCTV system from Astana LRT of Kazakhstan, which is a new territory for SEV; it has received a part payment for the order with the remaining balance due in a few weeks. The company has also hinted at an imminent order from Panama as well as targeting Portugal as a future market.^5-6

Software Radio Technology (TIDM: SRT)

SRT has continued to roll out the orders for its AIS and GeoVS systems.^7-8 SRT has been ranging over the last few years in price but after watching the recent December 2014 webcast it seems to me that they know they have a listening market for their products and have the necessary infrastructure in place to furnish any rise in demand and support from orders; this appears to have encouraged a recent price breakout from the range.⁹ What I would like to see from SRT is a steady growth in orders over a long period of time which could then serve to build up the financials with respect to longer term growth in order to establish and stabilise a core fanbase of investors/invaders. The webcast also suggests the company are considering Africa as a future territory.

 References

1. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=BXP&ArticleCode=xr6owroc&ArticleHeadline=Beximco_Pharma_commences_export_to_Australia
2. http://minesite.com/2015/01/19/orosur-mining-expects-costs-to-fall-and-cash-flow-to-rise-as-it-moves-back-into-higher-grade-rock/
3. http://www.lse.co.uk/share-fundamentals.asp?shareprice=OMI&share=orosur_mining
4. http://www.lse.co.uk/blogs/member/moosh-blog/g463g5/
5. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SEV&ArticleCode=hcxxg5j4&ArticleHeadline=New_Agreement_in_Kazakhstan
6. http://www.proactiveinvestors.co.uk/companies/news/76163/servision-expects-more-contracts-to-follow-first-kazakhstan-sale-76163.html
7. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SRT&ArticleCode=w0cg77rq&ArticleHeadline=GeoVS_System_Order
8. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=SRT&ArticleCode=3p99z4o1&ArticleHeadline=Orders_of_US11_million
9. http://www.softwarerad.com/media-centre/

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.