Member Info for Libero

I've been looking into LPA a little more and I feel like it may look like more attractive a prospect than it really is due to the one-off sale of Tudor Works. If it was not for that sale the results would have painted a very different picture, and the chance of the fantastic 100% rise in profits can be replicated next year looks unlikely. Please correct me if I'm wrong but would the above point I've made explain why LPA looks undervalued / why the share price isn't higher than it is now?

Commissioned researcher Equity Development has today published a detailed report on SpaceandPeople (SAL) claiming that the shares, at 147p, are worth 180p. Okay the report is commissioned but it is detailed and seems well reasoned. SpaceandPeople leases, manages and markets space in venues throughout the UK, Germany, India and Russia. The company helps retailers and venue owners place unique merchandise and specialised services in high footfall spaces. (sic)They have reported strong FY'13 results, ahead of market consensus on most metrics. Furthermore, FY'14e has started well so we expect double digit revenue and EBIT growth, plus continuing strong cash flow in the year. Net revenues were ahead +12% at £14.57m, Clean adjusted net profit and Basic EPS, both +19% at £1.97m and 10.11p respectively, plus the company's net cash position some +125% better, at £1.9m. < During 2013 SAL won a number of new contracts, including St Pancras International, The Garden Centre Group, One New Change and Corio GmbH, such that during FY'13, the company delivered over 14,000 (10,000) unique promotions & kiosks in over 750 (700) venues. The outlook for FY'14 is for further promotional and venue gains. On 13.8x FY'14e earnings and 8.0x EV/EBITDA, these are undemanding multiples for Europe's leading experiential marketing specialist. Indeed putting the company on 10x EV/EBITDA equates to a share price of 180p, which we see as fair value (trading at 147p currently). See more at: http://www.shareprophets.advfn.com/views/4627/spaceandpeople-at-147p-worth-180p-claims-equity-development#sthash.uQa4h77s.dpuf

http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=QMF10&univ=U

http://johnsinvestmentchronicle.com/sample-blog/

God knows who John is but he seems like he achieved better returns than most on the stock market, and he loves VLK. Have a read ... Vislink (VLK.L) (market capitalisation; £46.7m, 41p and 4.7% of JIC Portfolio): Vislink has announced the acquisition of Weybridge based Pebble Beach Systems. Pebble Beach has developed market leading software products which support a wide range of broadcast applications with its automation products being aimed at high pressure live programming environments such as news or sport. Vislink’s existing capabilities of providing wireless capture of live TV coverage events will now be complemented with world class television automation and media management services for broadcast studios. Vislink describes this as a complete “screen to screen” solution. Pebble Beach’s clients include TV Globo Brazil, MBC UAE, Fox News, KCET USA, Banderaintes Brazil, OSN UAE, Viasat UK and ZDF Germany and it has installations in over 60 countries. It has long term contracts and in its last financial year ending June 2013 it had turnover of £5.64m and profits before tax of £1.3m. Net assets were £4.37m. Vislink is paying a total of £14.9m; £12.9m is payable in cash and £2.0m in 4,709,904 new shares at 42.545p. The effective net consideration is only £9.0m as Pebble Beach comes with £5.9m net cash on the balance sheet. The £2.0m that Pebble Beach shareholders are taking in shares are to be held for a minimum of two years. Vislink will operate it as a stand-alone unit within the Group and the founders of the company will stay with it and assist Vislink in expanding its software capability. The transaction will be immediately earnings enhancing. Conclusion: I can immediately see the attractions of this deal; it brings longer term contracts with recurring revenue, it deepens Vislink’s overall relationship with broadcasters and it significantly enhances the software capability of the Group. John Hawkins has done some good deals in the past and seems to have pulled off another one. He appears to have struck a good price and the deal is described as immediately earnings enhancing; however I think more importantly than that it has improved the quality of earnings overall with greater visibility coming with the longer term contracts that Pebble Beach brings. The Vislink share price has been a little disappointing so far this year, down 9% since the 1st January, but hopefully today’s announcement will prove a catalyst. Next Wednesday we have results for the year ended December 2013, where expectations are for earnings to have more than doubled to 2.85p, putting the shares on 14.4x and the consensus forecast for December 2014 are for 36% earnings growth to 3.9p, putting the shares on a PE Ratio of 10.5x. This looks very attractive to me but with a 4.7% holding I will be awaiting next week’s results and hoping there is no disappointment. Happy Holder!

http://www.edisoninvestmentresearch.com/research/company/vislink Edison also highlighted how good the Pebble Beach acquisition is. I have to say I thought the Paul Scott article was more thorough though. It talked of how VLK was unfairly punished for moving to aim, how the 2014 target of £80m rev & £8 EBIT is achievable thanks to a fantastic BoD who know how to grow by acquisition. The only bearish point was that a lot of VLK's revenue is currently non-recurring but - providing the work continues to flow through - this won't be an issue :) I personally think 70p by the end of the year is entirely doable (44% upside), and this company has a bright future ahead of it.

http://www.stockopedia.com/content/small-cap-value-report-19-mar-2014-vlk-pph-ess-82120/ He also pointed out the Pebble Beach acquisition was remarkable value considering VLK paid under 7 x EBIT.

http://www.edisoninvestmentresearch.com/?ACT=18&ID=11322

http://www.edisoninvestmentresearch.com/?ACT=18&ID=11514

http://www.edisoninvestmentresearch.com/?ACT=18&ID=11158

http://www.edisoninvestmentresearch.com/research/company/newmark-security

KRSS, I noticed that the CEO thanked shareholders for their patience and saw that as a positive sign too but who knows how it'll play out for us. Let's just keep our fingers crossed and await more details ...(expected in May)

http://www.proactiveinvestors.co.uk/columns/hybridan-small-cap-wrap/15723/this-week-safecharge-to-aim-moneyswap-takes-to-the-air-just-what-the-doctor-ordered-for-ideagen-15723.html UBC Media Group (LON:UBC) UBC, the multimedia content and services Company, provided an update on the proposed acquisition of 7digital Group, Inc. and on its investment in Audioboo. 7digital is a leading supplier of digital music services with a library of 25m tracks. The Company has now signed Heads of Terms with 7digital, outlining the detailed material terms of the potential acquisition of 7digital by and has agreed a period of exclusivity up to 4 April. The Acquisition, if consummated, would constitute a reverse takeover under Rule 14 of the AIM Rules for Companies. UBC expects to publish an admission document by the end of May 2014. UBC's shares will remain suspended until the admission document is published or the Company confirms that the Acquisition is no longer taking place. UBC also announced that it has signed non-binding Heads of Terms with One Delta (LON:ONE 1.75p/£555k) a cash shell quoted on AIM, to acquire the entire issued and to be issued share capital of Audioboo in a potential all share transaction which would leave UBC with a significant stake in the enlarged group. One Delta simultaneously announced that it has raised £3,485,000 through the issue of new ordinary shares and confirmed the transaction. UBC currently holds 39 per cent of the ordinary share capital of Audioboo. If the transaction completes as currently envisaged, UBC would hold just under 20 per cent of One Delta plc.

As if my bullishness there had no effect whatsoever lol Although I'm happy with you to stick with that line cos it means you can't ever blame if it all goes wrong!

& BGDOG, an interim RNS would be lovely and would hopefully trigger a continuation of the uptrend we had during February into March!

Pablo - well done for taking profits at 129p. In hindsight I wish I did the same. Instead I've just help throughout. It's now at a level where I'd be happy to top up. However it's in such a state of flux right now I want to wait to see what happens. Either way I'm here for the long term because I really like this company and I do intend to add to my stake on the dips.

Buzz, My post had more substance in it than yours did! You’re clearly just one of these people who hate hearing negative views on shares they’re invested in so there’s no point with me even trying to reason with you.

Ahhh I see. And yeah that really is a fluke considering what how rare it must be to come across someone who ever voted Lib Dem!! NGL? That ticker didn't come up at all for me. Presuming you meant NLG though - I'll give it a look :)

Yeah I reckon it is courtesy of ShareProphets too, mate. It always surprises me how immediate their influence is felt. There's clearly some morons who purely go on their advice without any further research! They're probably as quick to sell as they are to buy though so it's a double edged sword tbh. What do you think of share prophet's 2 year 54p prediction? Do you think that's possible?

got this mixed up with MIRA. Sorry!