Member Info for rivaldo

Still rising and up another 0.5p today. That's still only a current year P/E of 8.9 given the forecast 1.37p EPS.

New Mottech press release promises a "gamechanger" for the water industry:

Https://mottech.com/news/andromeda-water-distribution-system-revolutionizing-water-management/#

Extracts:

"May 3, 2023

Revolutionizing the Water Distribution Process with Andromeda

Water is a scarce resource that needs to be managed efficiently to ensure sustainable use. The Andromeda Water Distribution System, developed by Mottech, is a revolutionary add-on module that enables the monitoring and control of water distribution systems irrespective of the number of consumers, valves, meters, or size of the distribution area. The Andromeda system presents a significant breakthrough in terms of water providers’ capabilities to meet consumer demands easily and efficiently and maximize available water resources, energy, and labor."

"In conclusion, water management is critical to ensuring sustainable use of this scarce resource. The Andromeda Water Distribution System, based on the IRRInet platform, is a revolutionary add-on module that enables water providers to manage their resources more effectively and meet consumer demands efficiently. With its user-friendly interface and automatic control of valves, the Andromeda system is a game-changer in the water management industry, providing water providers with a unique solution for managing online water orders and maximizing available water resources, energy, and labor."

Good to see Henry Spain taking a 3% stake here. They seem to be well-established long-term investors who hopefully see good value here:

https://uk.advfn.com/stock-market/london/zytronic-ZYT/share-news/Zytronic-PLC-Holdings-in-Company/91001575

Https://www.henryspain.co.uk/about-us/

Hybridan have issued an update this morning. They forecast revenues rising this year to £11.5m and then to £11.9m next year.

They see 0.53p EPS this year rising to 0.97p EPS.

The cash pile is forecast to rise to £2.5m this year and then £3.2m - almost 70% of the current £4.7m m/cap.

In conclusion:

"Hybridan forecasts: We forecast 2023 revenue to be slightly higher than 2022, as the demand for the Group’s ANPR solutions continues and the UK rail market for core product eyeTrain has shown signs of recovery in 4Q22, with significantly higher bid levels than have been seen over the last two years, particularly in the new build and retrofit rail rolling stock market."

WH Ireland have retained their 9.5p price target, and their forecasts of 0.5c EPS this year rising to 0.9c EPS next year.

They conclude:

"Exceptional update, fair value reaffirmed

Today’s update marks a meaningful turning point for DKL. With the disappointing harvest in FY2022 now behind them, the company has reported a stellar set of production figures for April, combining exceptional volumes with very strong pricing. While it remains too early to draw final conclusions on full year production for FY2023, we see today’s news as encouraging and supportive of our forecasts for the current year. On this basis, we see the current single digit forward ratings as presenting an investment opportunity, and retain our 9.5p fair value assessment (based on DCF and relatives)".

They also note as regards cashews:

"Inaugural cashew update reflects capacity improvements

While today’s announcement focused on the palm oil business, we note the company’s recent update on production from its recently commissioned cashew plant. With production rates at the plant improving, and starting to approach the company’s target capacity in Q2, the outlook for the cashew plant is on track for a meaningful and cash-generative contribution from the cashew project in the full year. Once in full operation, we expect the project to contribute over €12m of revenues in FY24, with potential for further growth with strategic expansion."

A terrific April trading statement this morning, with an "exceptional" performance and a "standout' monthly financial outcome".

Plus there's "continued strength in early May, compared to May last year".

And "These positive trends bode well for the Palm Oil Operation, positioning it to achieve an excellent period of production and financial performance throughout the second quarter of 2023."

Hopefully back to 5p-6p soon, and crossed fingers the good news from cashews will also continue.

New article today about the upcoming Allied Gold IPO, mainly in relation to its Desert Gold operation:

Https://finance.yahoo.com/news/proposed-allied-gold-transaction-highlights-093111090.html

Six Flags' shares were up 19% yesterday after they beat forecasts for Q1.

The company's results conference call was pretty upbeat and had this interesting excerpt which hopefully is good news for ACSO, particularly as regards food and drink:

Https://www.fool.com/earnings/call-transcripts/2023/05/08/six-flags-entertainment-six-q1-2023-earnings-call/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article

"We plan to roll out our new mobile app in June, which will deliver features, such as, schedule of events to help our guests plan their day in the park; the seamless ability to purchase and access flash passes without visiting guest services, with the click of a button, guests will be able to upgrade from single-day tickets to season passes or from lower-tier season pass categories to higher-tier options; interactive maps feature that helps guests navigate our parks; and improved mobile food ordering system, which we expect will help increase the usage of our mobile dining system. We believe this will help raise our in-park spending because our average mobile food order value is 10% higher than on mobile order."

8m shares just reported through at 1.2p. Hopefully an overhang has now been cleared.

Excellent news just out today. Looks like a relative biggie - DCC are a "a nationwide energy company distributing massive volumes of fuels every day".

Great to see the expansion to Denmark, and this should nicely benefit this year's results:

Https://www.touchstar.co.uk/blog/dccenergi785

"DCC ENERGI MAKE SIGNIFICANT INVESTMENT IN TOUCHSTAR’S ANDROID FUEL DELIVERY EPOD TECHNOLOGY

09 May 2023"

"The company currently operates with a fleet of ninety vehicles, all of which will be upgraded to the new solution"

"CONCLUSION

The DCC Energi move to TouchStar’s Android solution signifies their intent to stay at the forefront of innovation in the fuel delivery space. The partnership will provide ample opportunity for continued development, streamlining of processes and the elimination of paperwork leading to a more agile, efficient service for customers. Roll out of the new system will begin shortly.

Michael Olesen, DCC Energi Distribution Manager, concludes: “TouchStar’s Android solution provides DCC Energi with a highly flexible, streamlined and cost-effective operation, eliminating mistakes which arise from a paper-based system and ensuring staff spend their time providing excellent customer service.”

Cenkos have issued an update this morning after the property sale.

They forecast £0.8m EBITDA for the year ending in 3 weeks' time and £1.3m EBITDA for the coming year. And a small £0.1m LBT, implying a £0.2m PBT in the H2 just ending, followed by £0.3m PBT to May'24.

This translates to 0.2p adjusted EPS and then 0.6p EPS, and a P/E of 6.7.

Considering the hiatus in UK rail spending - which it seems is now improving - these are imo a rather good set of numbers.

PEG have a m/cap of just £4.8m, yet have remained profitable despite their main division being so stymied.

They made a £0.52m PAT, and have almost £2m net cash (pre-IFRS), i.e backing up around 40% of the m/cap.

They also have excellent recurring revenues, up another 11% to £5m.

QRO is performning outstandingly, RTS are doing OK and are expected to improve, and Defence should finally pick up traction given the Ukraine war.

Above all, the recurring income and the pick-up in Rail gives encouragement for this year - a "satisfactory" and cash-generative start to trading bodes well.

Plus there's an encouraging note to possible further acquisitions from the cash pile.

And:

"We are now seeing encouraging signs for new projects, particularly in the new build and retrofit rail rolling stock market, for some of which we are currently in active negotiations."

These could be huge relative to PEG's minnow-sized m/cap.

Great announcement today and nice comments from Topps Tiles:

"This is only the start of our relationship with Alusid, and we look forward to developing new products with the company in the years to come."

And FIPP's CEO is unusually bullish:

"Frontier IP Chief Executive Neil Crabb said: "Alusid's agreement with Topps Tiles represents strong validation of the Company's technology and the high quality of the tiles produced - and at industrial scale. We are very excited by the company's potential, given the size of the global tile market, successful trials of mass-made floor tiles and the unique nature of the patented technology."

Https://uk.advfn.com/stock-market/london/frontier-ip-FIPP/share-news/Frontier-IP-Group-plc-Topps-Tiles-launches-first-A/90993285

Up again today on big volumes again, which bodes well - 4.3m shares traded already.

Up again today - looks like our buyer's still out there.

A very thorough run-through of CNIC's undervaluation by the excellent Private Punter. In particular imo the new agreement with Microsoft has been underplayed - it's good to see the CEO noting that there's substantial potential from this in the next 2-3 years:

Https://martinflitton1.wixsite.com/privatepunter/post/value-appears-to-be-on-offer-at-cnic-04-05-23

Good to see another tick up this morning already.

And CMH does apear to be picking up a little traction online:

Https://twitter.com/MylesMcNulty/status/1654114445067689986

David Bundred is showing the faith once more, with him and his wife each using their annual £20,000 ISA allowances to transfer in 117,294 SCE shares from their ex-ISA holdings.

I respect SCE's directors for their honesty and commitment to the cause above those I've come across almost anywhere else:

Https://uk.advfn.com/stock-market/london/surface-transforms-SCE/share-news/Surface-Transforms-PLC-Director-Dealing/90967699

But at 11,25p still on a P/E of just 8.2 given the forecast 1.37p EPS this year.

I continue to believe that ADF are a good company and probably very cheap on fundamentals.

However, I'm always open minded, and I believe the recently launched US writers' strike could do quite a degree of damage to productions in the UK. The last such strike (a long time ago!) continued for some time, and I remember British writers, directors etc being extremely supportive of their American brethren and causing a lot of difficulty over here.

Given my caution I've been selling (with some difficulty!) what was a decent holding here since my last post in a number of chunks to protect a small overall profit, with the last sales first thing this morning. This has dropped the share price somewhat, so apologies.

There's an article here about how UK productions may or may not be affected. Maybe I'm being over-cautious - H1 results should still be at worst decent as the period is already two-thirds through - but it's often better to be safe than sorry, especially where I have a reasonably sized holding:

Https://whynow.co.uk/read/how-does-the-wga-strike-affect-the-uk