Member Info for rivaldo

Stiskin's added a lot more - he's bought just over another 1m shares in only a week, and now has 12.08%, or 12.63m shares:

Https://uk.advfn.com/stock-market/london/sdi-SDI/share-news/SDI-Group-PLC-Holdings-in-Company/98785050

Fieldwork Robotics giving more detail on the investment from SEED:

Https://fieldworkrobotics.com/new-investment-from-seed-innovations/

Extract:

"SEED Innovations Ltd chaired by Jim Mellon, joins Fieldwork’s Seed+ fundraise as an investor

Jim Mellon is a prominent entrepreneur and investor with a track record of backing early stage transformative technology companies, including robotics and AI

Fundraise builds on £2.2 million investment round completed in April 2026, led by Elbow Beach, alongside £1.7 million in grant funding from Innovate UK and a Climate Grant

Funding to accelerate commercial farm trials and transition from technology validation to scale deployment

UK deployment programme underway with Place UK in Norfolk and Littywood Farm in Stafford, with planned international trials in Australia

Multi-robot fleets expected to be operating on farms from 2027 as part of Fieldwork’s global expansion

etc"

Good to see HDD preparing for their more prosperous future by applying in the usual way to increase distributable reserves by cancelling the share premium account.

Dividends may not be on the way immediately, but they're clearly on the directors' - and presumably major shareholders' - minds:

Https://uk.advfn.com/stock-market/london/hardide-HDD/share-news/Hardide-PLC-Proposed-capital-reduction/98788182

An encouraging trading update - everything going smoothly, the USA and other international markets growing nicely, AlcoTag and AlcoBreath being increasingly adopted etc.

I particularly like the phrase "increasing confidence" regarding this year's performance.

No doubt news of a settlement/lump sum for BIG from Sara Murray will be sub judice until developments are more concrete:

Https://uk.advfn.com/stock-market/london/big-technologies-BIG/share-news/Big-Technologies-PLC-AGM-Statement/98788113

"Big Technologies plc (AIM: BIG), a leading provider of electronic monitoring solutions, provides the following update in advance of the Annual General Meeting to be held at 11:00 a.m. today.

Highlights

· Guatemala renewal secured for a three-year term, further strengthening long term revenue outlook and reinforcing the Group's growing presence in Latin America following the win in Chile.

· Successful implementation and delivery of 2025 wins, with revenue commencing in Lithuania, Pierce County and Prince Edward Island.

· Continued US new business momentum, with six new wins in four states since the beginning of April and a growing pipeline of opportunities.

· Growth in US has supported new product success with AlcoTag and AlcoBreath, with over 1,800 AlcoTags and over 100 AlcoBreath units with clients, and a further 350 AlcoBreath units to be deployed over the next quarter.

The Group has made strong progress in H1 2026, with continued new business and account renewal success in the period. Growth has been underpinned by the Group's continuous innovation approach and new products, the AlcoTag and AlcoBreath, have seen increasing adoption over the period, particularly in the USA.

The Board is monitoring the impact on supply chains of geopolitical activity in the Middle East and has taken active steps in the period to secure components for the remainder of the year.

The Board remains confident that the Group's trading for 2026 will be in line with market expectations1.

A trading update for the six months ended 30 June 2026 will be released in July 2026.

Ian Johnson, Big Technologies CEO, said: "I am pleased that the good progress seen in the second half of 2025 has been built upon in the first half of 2026 with the Group maintaining its competitive edge and technological superiority.

I look forward with increasing confidence in the Group's performance for 2026."

1 The Group has compiled forecasts from five analysts with current market forecasts for 2025 revenue to be in the range of £50.5m to £52.2m, with consensus of £51.1m, and for adjusted EBITDA to be in the range of £24.7m to £25.9m, with a consensus of £25.3m."

Nice move up again today, and on good volumes with 357k shares traded already.

Looks like it's about to break upwards now.

Cavendish's post H1 results update summarises as follows, with a Buy and a 30p price target:

"1H26 interim results – Momentum continues

Tekmar released 1H26 interim results for the six-month period to March 2026, with revenue up 31.0% to £16.2m and a move into adjusted EBITDA profitability. Tekmar’s growing and lengthening order book is providing improved revenue visibility into FY27, and management has expressed its confidence in delivering a strong financial performance for FY26, notwithstanding any significant further logistical impact to Oil & Gas operations from the conflict in the Middle East, though this has been successfully managed so far.

Further solid progress has been made in the implementation of Project Aurora, with the organisational structure streamlined and the sales function refocused over the past year. The benefits of this have become evident, with the run of strong contract wins that commenced in 2H25 continuing throughout 1H26. Cumulative new orders of over £50m have been secured since July 2025."

"— Operating highlights:

Last year, the group was streamlined into two main operating segments, Asset Protection Technology (including end-to-end engineering services) and Offshore Energy Services (grouting and offshore equipment rental services) serving three core market segments – Offshore Wind, Oil & Gas and Marine Infrastructure.

Order intake during 1H26 was up substantially to £29.5m (1H25: £10.0m) and the period-end order book was £31.7m (1H25: £12.6m).

— Outlook:

The business is now benefiting from a record level of activity, increasing capacity utilisation, improving revenue visibility and a stronger, more flexible balance sheet. End markets are substantial, with long-term growth drivers intact. Tekmar is broadening its sources of revenue and increasing the quality of customer wins, especially within Oil & Gas. M&A remains a core element of the longer-term growth strategy and management continues to monitor opportunities closely. The short-term strategy remains continuing to build the order book with high quality business, pushing utilisation further to benefit from operational gearing and increasing profit margins.

Our forecasts are unchanged and we maintain our target price of 30p. We believe the shares continue to look undervalued currently, trading on a current 10.8x FY27E adjusted diluted P/E and 4.6x adjusted EV/EBITDA (4.0x on a rolling EV basis). At our 30p target price, the shares would trade on 19.4x FY27E adjusted P/E (falling to 11.0x in FY28E) and 7.3x FY27 rolling adjusted EV/EBITDA (falling to 5.1x in FY28E)."

Rising again this morning. Given the strong Q1 and the unusual bullishness expressed for this year as a whole there's hopefully a lot more to come.

Conclusion:

"The shares are up 24 per cent since we upgraded them (‘This defence small cap is back on track’, IC, 1 Dec 2025), but offer good value on an enterprise value to sales multiple of less than 0.7, and with the realistic chance of an earnings upgrade cycle. Management has plenty of levers to pull to meet a medium-term ambition to double earnings per share to 20p by 2030. Buy."

And the intro:

"Expect positive surprises from this electronics small cap

Alex Newman: Full-year numbers, due later this month, should highlight this group’s improving earnings quality

Published on June 17, 2026

Growing order book

Modest FY2027 forecasts

Strengthened board

Growing pressure on the UK government to increase its defence spending commitments has highlighted the strong tailwinds for diversified electronics group Solid State (SOLI:183p), whose growing communication systems division counts Nato and the Ministry of Defence as key customers.

The company’s defence-focused products, sales of which rose by 80 per cent to £38.7mn in the first half of the year, remain in strong demand, and the company also reported “growth opportunities” related to its antenna and integrated systems products. It’s a similar story in the components and power systems arms, which led management to reveal in an April trading update that full-year revenues would be ahead of market forecasts and “not less than £150mn”, with pre-tax profits also ahead of an expected £7.2mn.

etc"

Https://www.investorschronicle.co.uk/content/14528682-7bce-4390-9cd9-79741f2b3c5d

Continuing to edge up. Hopefully the next leg up is about to start.

Yesterday evening's blog post from the Naked Trader shows him buying more BBSN:

"I added some more to a recent buy Brave Bison (winner of the hotel seminar share of the day comp).

Its trading statement this week looks good and I especially like the debt repayment with the company now saying it is in substantial net cash.

The current rating could easily go higher and with patience, it could be a lovely winner."

Ticking back up once again after a 30k buy just now. But still very cheap imho.

A nice buy of 420,353 shares at 2.378p just reported.

Good to see a buy at the 200p full offer price just now.

This is not only a big project for AmcoGiffen, REL and QTS, which should benefit H2 nicely, but also a "world-first engineering solution" for overhead line upgrades:

"Network Rail and ARQ Deliver World-First Overhead Line Upgrade in Severn Tunnel

June 16, 2026

Over 16 days, Network Rail and its contractor ARQ, a collaboration between AmcoGiffen, REL and QTS, completed a pioneering upgrade to the overhead line equipment and power supply cable, inside the Severn Tunnel, helping to improve reliability on one of the UK’s most important cross-border rail routes.

The work marks the successful completion of a world-first engineering solution inside the 4.35-mile tunnel beneath the Severn Estuary, where a unique combination of saltwater, moisture and a highly corrosive atmosphere creates one of the most challenging environments on the UK rail network. Around 250 engineers worked around the clock, each day, from 23 May, to deliver the transformation.

The Severn Tunnel is one of the most challenging environments on the UK rail network. Since electrification, its unique combination of saltwater, moisture and heavy rail use has accelerated wear on overhead line equipment through bi-metallic corrosion, where different metals react in wet, salty conditions and deteriorate more quickly.

To address this long-standing challenge, Network Rail developed an innovative new overhead line system specifically designed for the tunnel’s harsh environment. Backed by a £23 million investment, the simplified design uses modified bridge arms and a continuous copper contact wire to create a more resilient and reliable railway while reducing future maintenance requirements.

Following a successful trial on the Cardiff-bound line in 2025, teams from Network Rail and contractor ARQ (AmcoGiffen, REL and QTS) have now completed the installation on the Bristol-bound line, delivering the first large-scale deployment of the system anywhere in the world."

The CEO has bought another £10,000+ of shares at 79.5p.

He now owns 450,000 shares, i.e 5.7% of the total shares in issue, all of which he's bought in the last few months.

Switzerland's 9m population is far bigger than the 5.4m population of the Republic of Ireland.

Ireland contributed almost all of the £12.57m of European revenues to 30th June '25.

The same applies to the £2.36m gross profit from Europe.

And that's from a country which has scaled up from nothing.

If Switzerland can almost double those numbers based on population then that's a pretty material increase.

The H1 results are in line with Cavendish's forecasts, with a small positive H1 EBITDA and the benefit of the large recent offshore wind contract wins beginning in this H2.

The much reduced statutory LBT is due to amortisation/depreciation, with almost no adjusting items.

The Middle East peace will hopefully hold and further benefit TGP in Oil & Gas.

Cavendish have retained their forecast of a £2.9m EBITDA this year to 30th September, rising to £5.5m next year and then £7.1m, equating to 1.5p EPS and then 2.7p EPS.

They retain their 30p price target.

Excellent news - should bring in good revenues with relatively little additional cost. I would imagine this will be revenue-generating in the upcoming H2 and therefore be additional to existing forecasts:

"CH Media is one of Switzerland’s leading private media companies, operating a broad portfolio of TV and radio brands across German-speaking Switzerland and reaching over one million viewers and listeners each day.

Through this partnership, our platform will power competitions and interactive formats across selected radio and TV channels, enabling audiences to participate directly via mobile."

Following the results Cavendish have raised their forecasts to 8.3p EPS this year and 10.3p EPS next year.

Their increased target price is 120p - almost 90% upside from the current 64p.

Here's a couple of extracts from their post-results note FYI:

"TPXimpact*

Visibility on contract wins yields upgrades

Prelims for March FY26 are in line with expectations (upgraded in February & April 2026), with contract visibility leading to FY27E adj EBITDA guidance of £12m, an 18% improvement on our former forecast (£9.8mE).

Total contract value won jumped materially to £122m, after £70m in FY25, showing the accumulated momentum in forward-looking revenue. With a better view on the timing of customer expenditure within the contract frameworks, and assuming 1% annual adj EBITDA margin improvement in line with guidance, we lift FY27E forecasts: revenue +16%, adj EBITDA +18% and adj dil EPS 27%, with net debt also guided to breakeven by year end (as expected).

The opportunity for further contract wins and expansions remains, with digital transformation of central and local government fundamental to the modernisation of processes and delivery of cost savings.

AI remains TPX’s friend, both internally and for clients, to deliver outcomes via the best route, navigating possibilities for highly risk-averse governmental clients, in secure and effective ways.

We introduce FY28 forecasts, and lift our target price to 120p (formerly 80p): FY26 and 1Q27 contract wins, combined with margin expansion from the delivery of the 2023-2026 three-year plan, give a strong, credible base for TPX to reap the harvest of confidence in revenue growth."

"TCV of contracts won improved to £122m from £70m, building a visible revenue stream for FY27 and beyond. The TCVs represent an approximate total estimated spend, with timing of the work undertaken being dependent on the customers’ capacity and pace. Management’s greater visibility of expected customer delivery timetables, such as the Ministry of Justice contract won earlier this month, has given confidence for improved guidance, and the board also notes stronger new business conversion."

"TPXimpact is a beneficiary of the UK governmental five-year cycle, which is now in full flow a year after the June 2025 completion of the Comprehensive Spending Review relating to 2026-2029. We expect further initiatives towards digital transformation as the need and urgency for delivery of efficiency in government becomes more pressing with the evident burden of welfare spending.

We lift our target price from 80p to 120p, equivalent to 10.3x FY27E EV/Adj EBIT (cf Cav Next 50 at 10.2x; Cav Tech 40 at 11.2x), and similar to the smaller, lower margin Made Tech trading at 9.9x FY27E."