Member Info for rivaldo

Good to see Kestrel Partners continuing to buy - they now own 22.52%, or 56.55m shares:

Https://uk.advfn.com/stock-market/london/centralnic-CNIC/share-news/CentralNic-Group-PLC-Directors-Dealings/86225005

Good to see another contract win - at $600k over 3 years it's relatively small, but it's strategically significant since it could lead to much larger business from the "large European telecom group"....

Https://uk.advfn.com/stock-market/london/pelatro-PTRO/share-news/Pelatro-PLC-Contract-Win/86211872

PDI - where CAPD hold 141m shares - was up 13% overnight to AUD0.26. That holding alone is now worth around £20m.

And also good news from Altus Strategies' exploration at Tabakorole this morning. CAPD get a specific mention in doing the diamond drilling, and the results are nicely positive with lots more drilling to come:

Https://www.investegate.co.uk/altus-strategies-plc--als-/rns/gold-resource-exceeds-1moz-at-tabakorole-in-mali/202110050700089950N/

"Tabakorole is shaping up as a significant potential development project in west Africa with substantial upside"

New 10-year highs for the CPO price now.....

Https://www.rea.co.uk/websites/reaholdingsplc/English/2450/cpo-price.html

WH Ireland's research update this morning adds nothing at all to what was in the RNS, other than to point out that CromaVigilant has actually grown in the pandemic. They conclude that there are:

"further opportunities for the company to attack in the local authority and other spaces. The ahead-of-expectation results draw a line under the pandemic, and we look forward to further underlying progress in the current year within the key businesses".

There was a nice upwards flurry at the close on Friday. Hopefully the very healthy volumes after the investment uplift news has cleared out a few more of those seemingly endless (and inexplicable) sellers!

This seems to have been confirmed by today's action so far - the published spread has increased to 82p-87p, but sellers are getting an even bigger premium at 83.7p and there's been buying at 85p.

Encouraging comment in VP PLC's trading update today, with the areas relevant to RNWH looking very good and expected to accelerate from 30th September:

"Certain areas of major infrastructure investment such as HS2 have been very busy for the Group, with other key elements, such as the rail sector (CP6) and water (AMP7) expected to accelerate in H2."

The drop is a buying opportunity imho, mainly caused by the general market nervousness and fall in sentiment leading to temporary profit-taking.

Research Tree posted on Friday a 45 minute results presentation from FNX, including questions at the end. It's well worth a watch for subscribers - I can't see it anywhere else yet, be it on FNX's web site or anywhere else on the web.

Interesting comments about international expansion:

- FNX are currently looking at international opportunities in:

Gaming
Media
Charity
E-mobility (e-scooters)

- revenue opportunities will as usual last 2-5 years plus plus
- the Austrian opportunity has only taken six weeks to fulfil, with no additional resources necessary, since existing staff were able to implement it

Good to see (1) a new £550,000 contract win for Fidelis, and (2) "a number of smaller to medium sized contracts" also being won by the core group in the "last few weeks".

Plus "a steadily growing pipeline of opportunities" too:

https://uk.advfn.com/stock-market/london/react-REAT/share-news/React-Group-PLC-Contract-wins/86198484

Lovely trading update - results for the year to 30th June will be ahead of prior guidance....

Previous guidance was £1.85m EBITDA, so I assume we can expect the final result to be around £1.95m-£2m.

This for a company with a £12.5m m/cap and at least a £5.5m cash pile.

Plus CSSG have announced a new strategic partnership to sell, install and maintain a potentially revolutionary type of door lock, applicable "across multiple industries"....

Https://uk.advfn.com/stock-market/london/croma-security-solutions-CSSG/share-news/Croma-Security-Solutions-Group-PLC-Trading-Stateme/86198394

after today's news - that's over 70% upside from the current share price.

On a P/E of 6.8 as noted below - and that's excluding the gains noted today - the undervaluation here is ridiculous imho:

https://www.tamesispartners.com/research-portal#/portal/tamesis-partners/research/37_2021100102162941847

Conclusion:

"Valuation: PT increased to 140p Capital’s share price has remained static at c.80p (up 20% since beginning of the year) for the last four months despite a string of good news from the company. We believe the figures and outlook still imply a strong opportunity. Based on our forecasts the share price is trading on attractive EV/EBITDA multiples of 3.2x and 2.7x for 2021 and 2022 and P/E ratios (excluding today’s gain on investments) of 6.8x and 6.9x respectively. Our Target Price assumes a modest 5x EV/EBITDA multiple for 2022. We are expecting an update on financial and operational performance through Q3 2021 with the Q3 2021 trading update on 13 October 2021. "

Good to see a heavyweight player in Peel Hunt appointed as joint broker - they'll bring additional heft to attracting institutional investment interest here:

Https://uk.advfn.com/stock-market/london/renew-RNWH/share-news/Renew-Holdings-PLC-Appointment-of-Joint-Broker/86184711

Great to see CAPD being proactive and issuing an RNS telling the world about their investment success:

Https://uk.advfn.com/stock-market/london/capital-CAPD/share-news/Capital-Limited-Direct-Investments-Update/86184660

The investment portfolio is now worth $54.2m - against a £150m m/cap.

And the big unlisted investee company (Allied Gold) is hopefully due to IPO within the next few months.

Plus there's the Q3 trading update to look forward to on the 13th October.

It's actually even better than I'd thought. CAPD now have 141m shares in PDI according to this, having increased their holding substantially this summer:
Https://www.marketscreener.com/quote/stock/PREDICTIVE-DISCOVERY-LIMI-34991339/company/

And per this announcement on 19th July:
Https://www.predictivediscovery.com/announcements/

Which would make CAPD's stake in PDI alone worth a whopping £18.1m, at 141m times AUD0.24 at AUD1.87:£1 - that's over 12% of the market cap by itself.

Slater Investments had their Annual Investor Event a couple of weeks ago. The audio for this has just been released, and there's some good commentary on SUR (around 40 minutes in). It centres around how Slater helped restructure the company and the Board and turned SUR around after its woeful post-IPO performance.

He notes that Slater Investments have increased their investment to 15% and are now "very happy", with the company performing "very, very well".

Interestingly there was a potential bid for the company at 70p a few months ago, which Slater stopped, and he believes there's now "a lot more potential for the business from here":

Hopefully this link will work:
Https://drive.google.com/file/d/1Iq6g-NVjs6j8TC3kOrSDLCNFMQ7w0lX5/view

Grizz, last year's trading update was 6th October, so it should be very soon - presumably next week.

Wow - PDI are up 37% to AUD0.24 on terrific exploration news overnight, which makes CAPD's 90m shares in PDI alone worth around £11.5m....which in turn should mean that CAPD's investment portfolio is now worth more than $50m....

PDI issued a Maiden Resource Estimate - "3.65 MILLION OUNCE BANKAN MAIDEN MINERAL RESOURCE ESTIMATE"

"Exceptional potential to grow the MRE as substantial drilling programs have continued at #Bankan since the MRE cut-off date."

Crazy bargain times at these prices for CAPD imho:

Https://www.google.com/search?client=firefox-b-d&q=quote+%22predictive+discovery%22

Excellent news - a new three year strategic agreement with a major customer, with an option for a further two years.

This formalises an existing long-term relationship and provides security for a large slice of - and likely now increased - future revenues. Plus of course it's a great validation of MWE's quality and trustworthiness:

Https://www.investegate.co.uk/mti-wireless-edge--mwe-/rns/strategic-customer-agreement/202109301001525473N/

"Kape Technologies (LON:KAPE) – a softly purring noise from Teddy?

In the last month this privacy security software group has announced its biggest deal to date, a $936m acquisition, a $354m placing at 337.5p per share, and its $10m profits interim results all of which pleased the market. Its shares have moved upwards significantly in response.

Therefore, it is pleasing to see Teddy Sagi, the Israeli billionaire entrepreneur behind the group, actually increasing his Isle of Man held stake from 60.44% to 61.18% in the process. That is a whopping 137m shares, which are currently 422.5p each in the market.

Hold very, very tight."

Https://masterinvestor.co.uk/equities/small-cap-comment-featuring-elix-sfe-and-kape/?mc_cid=c122f072e5&mc_eid=81413ed9af

RNWH's QTS have just begun work on a new £8m anti-flooding project for Network Rail in Dumfries, Scotland.

And QTS are in prime position for £149m of such works in the current period:

"From 2014 and 2019, more than £120m was invested in earthworks, drainage and bridge strengthening projects in Scotland and from 2019 to 2024 more than £149m will be spent."

Https://www.railadvent.co.uk/2021/09/network-rail-begins-essential-8m-work-at-dumfries-to-reduce-flooding-risk.html

Continued from prior post......

"The corporate order book grew 10% yoy which bodes well for the company’s trading prospects into the latter stages of 2021 and beyond. The non-core SME-focused division, which represented less than 10% of Group revenues was weaker, and in November the company announced that they had sold this part of the business to the management team for £10.5m. Over the period four acquisitions were completed: Ignite Energy, previously a 40% owned associate that provides energy optimisation services; and LSI Energy Holdings, Businesswise, and GEM, all of which provide energy assurance services and bolster the company’s core offering.

In addition to this, the company launched a range of ESG consultancy and data measurement services; following this the company renamed itself to Inspired plc to reflect the increasing importance of non-energy related services to its proposition. Strategically, all of these developments are positive and are in line with our investment thesis."