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Amazing to think that this $500k contract is just for 30 fountains in one city. It's easy to imagine very sizeable revenues indeed once this solution starts to gain traction globally.

A new Zeus update note lifts their target price to 110p (from 85p).

They'll publish a more substantial note when the results are out in early April.

Https://masterinvestor.co.uk/equities/taking-a-bullish-small-cap-look-at-kape-mpe-elix-and-swg/

"Shearwater Group (LON:SWG) – new contract brings about the setting of a new Target Price

In a few weeks we should be getting a Post Close Trading Update from this cybersecurity, advisory and managed security services.

Late last week the group reported a significant $4.1m contract win from an existing financial services customer requiring a new zero-day attack prevention system.

Analyst Simon Strong at Cenkos Securities is estimating that the current year, ending 31 March, will show £34.0m revenues (£31.8m) and a fractional loss of just £0.3m (£nil). After tax generation enables a guesstimate of 11.4p per share in earnings (10.4p) but no dividends.

He goes for £37.4m this year of sales and a recovery to an adjusted pre-tax profit of £0.5m, worth 13.8p per share in earnings and again no dividend.

In rating the group’s shares as a ‘buy’ Strong suggests that they have a ‘fair value of over 200p each.

I have not covered myself in any glory, as yet, in having Profiled the company almost two Covid-19 years ago.

However, I now seek to offer some recompense to readers – by suggesting that Shearwater Group shares, currently at 118p, are heading a great deal higher.

My new Target Price is an easy 145p."

Https://masterinvestor.co.uk/equities/taking-a-bullish-small-cap-look-at-kape-mpe-elix-and-swg/

"Kape Technologies (LON:KAPE) – a significantly undervalued growth stock

Yesterday’s announcement of the final results for 2021 from my favourite cyber technology group, showed that its revenues had exceeded even its own management’s expectations.

They came in 89% higher at $230.7m ($122.2m), while its adjusted pre-tax profits were 136% better at $72.8m ($30.1m). Earnings came in 121% to the fore at 29.8c (13.5c) per share, with no dividends paid. Its margins improved from 31.9% to 33.8%.

In the year it grew its subscriber numbers from 2.52m to 6.57m.

What I really liked to see was the fact that its annual recurring revenue was up another 5% at an impressive 92% at the year-end. That really does underpin the profitability, earnings predictability and growth potential of the group.

This is an excellent example of a group using its quotation to expand and grow.

Reflecting acquisitions and fund raising during the year, the actual earnings per share growth this year will be somewhat slower.

Analyst Caspar Erskine, at the group’s brokers Singer Capital Markets, is estimating that the current year will see revenues more than double again to $618.5m, generating doubled pre-tax profits of $159.1m, worth 39.2c in earnings per share.

For next year he sees $690.7m sales, $181.7m profits and 44.6c earnings.

Understandably he rates the group’s shares as a ‘buy’ looking for a price objective of 500p a share.

Yesterday the shares eased on profit-taking, to fall back 30p to close at 400p, on the back of some 600,000 shares traded.

I stay firmly with my most recent price aim – this group is a classic growth stock and still significantly undervalued."

Great to see GTC winning new contracts in the "critical minerals" sector crucial to the transition to renewable energy etc. Excellent summary of the news posted elsewhere by "hastings" which is worth a read:

"Whilst the initial value is small...., the news is nevertheless very interesting and welcome.
The mining area was mentioned at length by the CEO in a previous interview I conducted with him and with GTC’s flagship Globe product being adapted for the sector he stressed there was significant potential.
This morning’s news is only scratching at the surface, where given recent geo-political events and the knock on economic effects the opportunity across minerals could gather pace and accelerate.
This sits well against the improving core/historic business which is likely to continue its recent recovery, and then there is Hydrogen!
Mkt cap remains pretty paltry, I’d just like to see the surplus property sold now."

Excellent new contract win. Decent size at £620k, but a very interesting application "to help enable forensic monitoring of the organisation's new 5G network" which should piggyback on the coming growth in 5G:

Https://uk.advfn.com/stock-market/london/shearwater-SWG/share-news/Shearwater-Group-PLC-Contract-Win/87640288

Good to see another contract win. The $0.5m isn't hugely material in itself - but the main importance lies in this being the first such win in a new sector for Mottech (drinking fountain monitoring and control).

This is a "new commercial application for Mottech's services, which has the potential to be rolled out in a number of cities".

Given the number of drinking fountains worldwide - and particularly where Mottech's solutions are already deployed - I suspect this could be a big winner for MWE:

Https://uk.advfn.com/stock-market/london/mti-wireless-edge-MWE/share-news/MTI-Wireless-Edge-Limited-Contract-Win/87640128

Here's another presentation from management - encouraging to see the plans for VGL to expand throughout Europe:

Https://www.sharesmagazine.co.uk/video/centralnic-group-cnic-ben-crawford-ceo-michael-riedl-cfo

Great to see a late 58,000 share buy at 102p and 11,000 bought at 101.514p. Hopefully a bit of a surge coming :o))

Good to see the Chancellor using his mini-Budget yesterday to help with energy-saving - SUR provide all of the services quoted below:

Https://citywire.com/funds-insider/news/chancellor-raises-ni-threshold-and-pledges-income-tax-cut/a2383224?ref=citywire-money-latest-news-list

"For those hoping to make their homes more efficient in order to offset rising gas and electricity bills, Sunak also reduced the VAT on energy-saving materials such as solar panels, heat pumps and roof insulation from 5% to zero for five years."

A confident AGM statement suggesting all is going well. I particularly like "The Board is confident that the near and long-term outlook for the Group remains positive", as well as " a strong and growing pipeline of opportunities with both existing and new customers":

Https://uk.advfn.com/stock-market/london/react-REAT/share-news/React-Group-PLC-AGM-Statement/87640170

"Mark Braund, Executive Chairman , will make the following statement at the AGM:

"In the Company's results for the year ended 30 September 2021, published on 31 January 2022, the Company noted that it had entered the 2022 financial year with a positive outlook following a number of contract wins during the first half of the year, some being material with long-term contracted revenue further strengthening the Company's business model. The Company expects to see the benefit from these awarded contracts materialise as they continue to be mobilised during the second half of the financial year.

In addition to the contracts announced post-year end, the Company expects to continue the progress and contract win momentum and has a strong and growing pipeline of opportunities with both existing and new customers. The Board is confident that the near and long-term outlook for the Group remains positive."

Wow :o))

A contract increase from £27.5m up to £100m isn't something you see every day.

Should be a rather good day here:

https://uk.advfn.com/stock-market/london/surface-transforms-SCE/share-news/Surface-Transforms-PLC-New-OEM-8-Contract-for-Addi/87640180

" New OEM 8 contract for additional sales

Surface Transforms plc (AIM:SCE) is pleased to announce that it has signed a new contract with its existing customer, OEM 8 with a contract value of approximately GBP100m. This contract replaces the previously announced contract from September 2020 which was valued at approximately GBP27.5m. This increased contract value of over GBP70m is driven by both significantly increased demand for this particular model of OEM 8 and the contract being extended to 2027.

The contract remains priced in pounds sterling and increases the Company's sales forecast by GBP4m in 2023, GBP11m in both 2024 and 2025 and by GBP20m in both 2026 and 2027, taking the Company's overall lifetime order book to over GBP180m.

By way of background, in September 2020 the Company announced its selection by OEM 8 to be the standard fit, sole supplier of the carbon ceramic brake disc on both axles of a new model variant. At that time, the start of production ("SOP") was scheduled for the summer of 2021 and the contract was for 3 years with an estimated lifetime value of GBP27.5m. Whilst OEM 8 delayed the SOP (now scheduled for spring 2022), the market response to the car has exceeded their order expectations; the customer has therefore been in discussions with all impacted suppliers to increase capacity and output.

This new contract clearly has capacity and overhead implications. In several separate announcements, the Company has said that by mid 2023 we will have installed capacity for GBP50m sales p.a. which is enough to accommodate the extra volumes from this new contract. However, our staffing and infrastructure overheads are currently in line with the previous forecast of approximately GBP17m sales for 2023. Accordingly, the Company now needs to accelerate the recruitment and infrastructure actions required to support these much higher sales, which the Board currently estimates will result in current year overheads (mostly people related) increasing by GBP2.5m.

Kevin Johnson (CEO) said: "This important announcement maintains the recent momentum of significant commercial success for our brake discs. This success is of course being accompanied by our parallel focus on installing and commissioning the new plant to produce this huge increase in sales, a project that is continuing apace. We look forward to showing shareholders the progress on both contracts and production at our Capital Markets Day in April 2022."

Looks like ZYT have been tipped by Malcolm Stacey this morning (subscriber-only):

Https://www.*************.com/views/61330/i-m-with-steve-and-tom-zytronic-is-set-to-touch-a-glittering-future

"I'm with Steve and Tom, Zytronic Is Set to Touch a Glittering Future.

By Malcolm Stacey | Wednesday 23 March 2022

Hello Share Shufflers. Uncle Tom and Steve write appreciably about the touch sensor king Zytronic (ZYT). And I thought I’d like to support their enthusiasm. In an age when many more of us rely on digital gizmos, there can be little doubt that touch screens are more and more essential to those folks seeking an easier life

etc"

With 0.17p EPS forecast for this year to 30th September at least REAT's P/E is finally back above 10!

Hopefully tomorrow's AGM statement will reinforce the outlook from the prelims, when REAT noted that "The new financial year has begun well" and "We believe the Group is well placed to deliver another exciting year of growth".

Good results from sector comparator JDG this morning, well received by the market - which bodes well for SDI too:

Https://www.investegate.co.uk/judges-scientificplc--jdg-/rns/final-results/202203230700026622F/

I finally got round to watching CAPD's Investor Meet presentation here:

Https://www.capdrill.com/news/investor-presentation-investor-meet-company

The core business is as we know roaring along, summed up by Jamie's closing comments that CAPD are still in the "early stages" of the current upcycle, and that they're "very bullish on the years ahead".

But the MSALabs content in particular is really very exciting. This business had only $3m or so turnover in 2019, whereas guidance for this year is $30m.

Revenues for each Chrysos machine are around $5m per annum, so the 6 Chrysos machines rolling out....even my maths is good enough to work that out.

A question was asked about previous guidance of $50m revenues from in 2024/25 perhaps now being too light, and this provoked lots of smiling all around from the CAPD team! Jamie noted that $80m is now being discussed and the run-rate could be greater than that.

An MSALabs spin-off is certainly up for discussion, but they would want revenues to be much greater than at present. However, Jamie noted that labs businesses trade at much larger multiples....

In the current environment, aside from geographical/political risk, CAPD still looks like a tremendous bargain imho at these levels given the various drivers going their way now and in the coming years.

This sounds promising as regards the IC's cocoa crop, which appears to have had a similar start to 2022 as palm oil:

Https://www.reuters.com/business/environment/heavy-rain-raises-hopes-ivory-coast-cocoa-mid-crop-2022-03-21/

"Heavy rain raises hopes for Ivory Coast cocoa mid-crop
March 21, 2022

ABIDJAN, March 21 (Reuters) - Heavy rain last week in most of Ivory Coast's cocoa-growing regions revived hopes of a strong April-to-September mid-crop after an extended dry spell, farmers said on Monday.

Ivory Coast, the world's top cocoa producer, is at the end of its dry season, which runs from mid-November to March.

This season has been dryer than usual and farmers around the country welcomed abundant rain last week, saying it would help to produce a significant harvest from late May.

Man prepares cocoa beans for sale in Daloa, which produces a quarter of Ivory Coast's national cocoa output

A man prepares cocoa beans for sale in Daloa, which produces a quarter of Ivory Coast's national cocoa output, April 24, 2012. REUTERS/ Thierry Gouegnon

ABIDJAN, March 21 (Reuters) - Heavy rain last week in most of Ivory Coast's cocoa-growing regions revived hopes of a strong April-to-September mid-crop after an extended dry spell, farmers said on Monday.

Ivory Coast, the world's top cocoa producer, is at the end of its dry season, which runs from mid-November to March.

This season has been dryer than usual and farmers around the country welcomed abundant rain last week, saying it would help to produce a significant harvest from late May.

If rain continues regularly from April, the bean supply will improve in June and hold through August, farmers said.

"We are very happy. We weren't expecting such rain now. We hope the mid-crop will have a good yield," said Ghislain Angovi, who farms near the central region of Yamoussoukro, where 77.7 millimetres (mm) of rain fell last week, 60.7 mm above the five-year average......

....etc"

with a 500p target price.

Here's the link FYI:

Https://www.investorschronicle.co.uk/ideas/2022/03/22/profit-from-cyber-security/

"Profit from cyber security

A fast-growing cybersecurity software provider is delivering double-digit organic revenue growth, and exploiting synergies from acquisitions.
March 22, 2022
By Simon Thompson

Pro-forma Ebitda (cash profit) doubles to $78mn on 89 per cent higher revenue of $231mn
Webselenese acquisition delivers 52 per cent organic revenue growth in 2021
$936mn acquisition of ExpressVPN completes in December 2021
20 per cent underlying growth in customer base to 6.5mn

Cybersecurity software provider Kape Technologies (KAPE: 403p) could not be better placed to exploit the ongoing 17 per cent annual growth in the digital and security privacy market. Digital data theft boomed during the pandemic and consumers now need to protect themselves from potential Russian cybersecurity threats, too.

Following the $936mn acquisition of ExpressVPN, a leading provider in the digital privacy space with more than 3m active users across 180 countries, and after factoring in 20 per cent growth in its customer base last year, around 47 per cent of Kape’s subscription revenue is derived from North America and 35 per cent from Europe.

These are affluent regions that are key targets of online fraudsters, so it’s hardly surprising that adoption of Kape’s cybersecurity software (which protects data security and privacy against piracy and phishing attacks), and virtual private network (VPN) solutions (which encrypt and secure internet connections) have been rising strongly. Structural growth is driving consumer demand, too, such as double-digit annual growth in the number of personal internet of things (IoT) devices.

etc"

It'll also be interesting if we get to see who's now acquired quite large stakes in KAPE - perhaps this will take them over the 3% disclosure, or perhaps Unikmind have bought even more.

Another £150k in the bank for this year. This is an RNSNON as it's not material in itself, but I'd have thought REAT have announced it as this is likely just the "initial" short-term contract which could/should turn into a material long-term contract assuming REAT perform to standard.

And it's also been acquired via their core FM customer, showing how well that relationship's going:

Https://uk.advfn.com/stock-market/london/react-REAT/share-news/React-Group-PLC-Contract-win/87628967