"....Furthermore, the Parsortix system was shown to be capable of isolating a single CTC spiked into 5mL of blood. This is significant given the rarity of CTCs and the prognostic significance of even a single CTC during adjuvant treatment of breast cancer.....
...Critically, unlike the legacy antibody-based CTC system, the Parsortix system was able to isolate and harvest mesenchymal CTCs which are known to have prognostic significance and metastatic propensity."
Wow! Blown away by this. And I can't help thinking breast cancer may be just the start. Bought in such a hurry I forgot I'd topped up in November already! Now what to do about WSG that I sold to do it?
Two award wins.
· Chapel Riverside, Southampton
Chapel Riverside has won the Gold award in the Best Regeneration Scheme category at the WhatHouse? 2020 awards.
· Hugg Homes
The Group's subsidiary, Hugg Homes, was announced as the winner of the 'Innovator of the Year: Housing Delivery' at the UK Housing Awards.
I like it. Great publicity, and clearly a forward thinking company.
Looks like good news to me - and we're up 10.71% (strangely since the Sold volume is more than 4X the Bought volume), so Mr Market seems to agree:
"discoverIE Group plc (LSE: DSCV, "discoverIE" or the "Group"), a leading international designer, manufacturer and supplier of customised electronics to industry, today announces the acquisition of Limitor GmbH ("Limitor").
Limitor, a designer and manufacturer of thermal safety components and sensors, is being acquired, subject to certain regulatory approvals, for an initial cash consideration of €14.5m on a debt free, cash free basis, before expenses, funded from the Group's existing debt facilities. In addition, a contingent payment of up to €3.5m will be payable subject to the business achieving certain profit growth targets over the next three years.
Regulatory approvals are expected to be received during the final quarter of this financial year. Once completed, the acquisition is expected to be enhancing to Group underlying earnings as well as accretive to the Group's underlying operating margin.
Limitor, founded in 1979, designs and manufactures custom thermal safety components for industrial markets. Its products comprise temperature and current sensors, limiters and thermal switches, which are used in a range of industrial applications including a number of niche segments in the Group's target markets. Around 85% of its sales are within Europe, with 15% being into the US, Asia and other non-EU markets. The business, which is based in Urbach, Germany with manufacturing facilities in Pécs in Hungary, will operate within the Group's Variohm cluster of specialist sensor businesses as part of the Design & Manufacturing division whilst retaining its distinct brand identity.
The business has performed consistently well over recent years, with revenues for the year ended 31 December 2019 of €8.2m generating a reported pre-tax profit of €1.7m, and an operating margin of 21%. Gross assets at 31 December 2019 were €3.9m. Trading over the last twelve months has also been resilient."
"Trading has remained resilient since the Group's AGM trading statement and, compared to the same period last year, revenue is expected to be slightly ahead.
The Board now believes Adjusted EBIT for the full year will be around the upper end of market expectations,1 although the ongoing challenges of the pandemic mean that there is still a range of possible outcomes for the full financial year."
Cautious but positive?
Using the Stockopedia evaluation and ranking system - I'm no accountant - NCC rates highly on both Quality and Momentum. They combine that with Value for a final QVR ranking but if you compare a QVR screen with just QM, QM alone does better long term (ie ignore Value!). And QM here is very high. So it's a Hold for me.
I suspect the Stockranks system is better for some kinds of companies than others. At the moment that's what I'm still trying to work out!
https://neurosciencenews.com/immune-system-microbiota-17338/amp/
Shadowfall were one of the individuals/companies brought up in a BBC “FILE ON 4” – “FALLING SHORT – FAKE NEWS AND FINANCIAL MARKETS”. Take care. The problem is they don't have to do more than throw suspicions around to do a lot of damage - and probably profit from the shorts.
Hi cneighbour - it's even better news if I'm right and you're one year out! If we're thinking of the same trial - also at Curbridge - then it started November last year and as itsyou said we can be expecting some feedback on that.
I too came into this for the multiple irons in the fire, and just looking for graphene companies with prospects. I hold Haydale, and this, of which this is marginally more profitable so far. Frankly I didn't realise there was a battery aspect to it, though clearly graphene is a player there, but have been looking out for a good way into the vital energy storage revolution to come.
Great to find I've already got one!
Thanks Nickel. Thanks for the tip. Usually I avoid oil and gas for environmental reasons, but this mornings RNS puts a question mark against that as sulphur for batteries - if this were to be 'the' tech - is largely extracted from oil and gas, as contaminants. Will not be able to resist looking!
Good to see you here, Nickel. It was you that brought my attention to MTRO, and I've done well from that - are you still there? You've not been commenting.
Sorry to be off-topic, people!
On topic, this is a great RNS. Battery tech could be the biggest growth area of the next 30 years, and this combination sounds great, though I know nothing of the tech. It seems to me that hundreds of firms are chasing new ideas, and many will not continue, but perhaps there are less options in the area of the electrodes, and if DCTA has the lead there with graphene this may be applicable whatever storage tech it is that rises to the top. :))
Exciting share. And however good the 5G side is, or the supply business, it's the water side that really floats my boat - though they wouldn't allow such a shocking waste...
Today I took photos of trees that still haven't lost their autumn leaves, and a tree already in spring blossom, here in the Midlands. What happened to winter???
The water problem is only going to get worse with climate change and Mottech's solutions will be needed in many countries. And as ST said: "It has shown to produce a 30 per cent increase in crop yields while reducing costs from efficient use of water, fertiliser, energy and labour. Robust demand for Mottech’s irrigation systems is MTI’s main profit driver, the segment producing a 30 per cent operating profit surge in the year to date to account for half of MTI’s total profit."
30% increase of output for reduced input of not only water but also fertiliser, energy and labour is quite some recommendation.