Member Info for rivaldo

Firstly, a new DKL tweet confirming cashews are going well:

"Making good progress at our Tiebissou cashew project.

Operations should commence in Q2 2021, the cashew project will become Dekel's second producing asset alongside our established palm oil operations at Ayenouan."

https://twitter.com/DekelAgriVision/status/1402583369066680325

And it looks like a good production update RNS today too. FFB deliveries, CPO production and sales prices especially are all up materially on last year. In particular:

"Dekel remains on course to post a material uplift in its H1 financial results compared to 2020."

"H1 2021 financial results on course to materially surpass H1 2020's EUR15.4m revenues; EUR1.9m EBITDA; and EUR0.4m net profits"

May's CPO sales are down year on year - but this is because DKL have been taking a patient approach to maximise sales prices, leading to a very large subsequent sale of 2,500 tonnes (presumably in June) at "materially higher" prices. June's figures should therefore look storming.

I think we'll get a further cashew update in a week or two when DKL can formally announce site completion and production commencement.

Very happy with that.

JTC Trustee Ltd have declared they now own 8.91% of CNIC - 22.36m shares:

Https://uk.advfn.com/stock-market/london/centralnic-CNIC/share-news/CentralNic-Group-PLC-Holdings-in-Company/85326297

Excellent news. They seem to have come from nowhere with a prior zero holding, so they must have taken a large seller nicely out of the game.

A very positive intra-day turnaround from red to blue. Buyers are now paying the full 19p offer - and there's been one 25,000 share buy at 19.61p.....

Nice :o))

Buying coming in at 3.7p now. I'd assume the 700,000 or so shares at 3.6p and 3.65p in the last half hour are all buys.

Some very interesting posts on LinkedIn in the last 3 weeks - the new Vegan range is now being stocked in Heron Foods and Boots as well as Morrisons. These have around another 320 shops between them.

Plus "lots more exciting launches planned" in the next 12-18 months......

Https://www.linkedin.com/in/darren-gilbert-b27b3528/detail/recent-activity/

"Great to see our growing Naughty Vegan range on the shelves at Morrisons, Booths and Heron Foods.

Lots more exciting launches planned over the next 12/18 months."

"Very exciting week for us at Naughty Vegan. Our amazing new vegan cheesecakes have launched nationwide in Morrisons and you can now buy our pastries at Heron Foods - on special offer!"

"The Naughty Vegan family is growing!

Our amazing dairy free cheezcakes will be launching with Morrisons next week!

Caramel Crunch and Cheeky Chocolate will also be available for foodservice in packs of 12."

"We are less than two weeks away from launching our new cheezcakes in Morrisons - Caramel Crunch and Cheeky Chocolate. Not that I’m biased, but they are delicious! You don’t have to be vegan to enjoy these, they just happen to not contain dairy ??

Super excited to see Naughty Vegan growing and we have a lot more to come…."

According to bsdjj elsewhere, Peel Hunt have increased their price target to 750p (from 700p).

Forecasts are unchanged, but they say they have more confidence in the outlook.

This reads well from VP Group's results yesterday - RNWH are involved in each and every one of these sectors and projects:

"Major infrastructure sectors, such as water, rail and transmission are primed for escalating growth in the coming year, added to which other major projects such as HS2 and Hinkley Point will continue to drive demand."

New interview with the CEO - increased margins as well as range of services to come:

Https://www.edisongroup.com/edison-tv/centralnic-executive-interview-3/

"CentralNic’s CEO, Ben Crawford, explains how the company has driven strong revenue growth (78% five-year CAGR) through a combination of organic growth and acquisitions, and why it remains on a strong growth trajectory. He discusses how CentralNic’s investment in staff and systems in 2020 is now yielding benefits, especially in terms of accelerating organic growth, and how it plans to leverage its global leadership in domain names to drive margins and profitability."

Moving up seemingly on every buy trade.

Licker, those buying may well be:
(1) those who as per the Gresham Trust fund manager in the article I posted below believe as regards INSE:
"the market hasn't really woken up yet to the double whammy of structural growth and also earnings recovery"
(2) plus green investors are waking up to INSE's ESG credentials and key role in enabling every UK company's sustainability targets and net zero ambition to be achieved and government regulations followed.

See page 10 onwards.....

https://coringmagazine.com/issues/

News item yesterday indicating FNX's interest in Direct Carrier Billing (DCB) for the e-scooter market:

Https://blog.fonix.com/carrier-billing-a-frictionless-and-ubiquitous-solution-for-e-scooters-c4c87d0221b5

A new article from yesterday about how TST's PODStar Electronic Proof of Delivery (EPOD) system can help the food and drink sector:

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

Also a new case study on how TST have helped "the UK’s leading independent corrugated packing producer":

Https://www.touchstar.co.uk/blog/cepac-access-control-case-study

Very good news for J Browne from last month covering the next five years:

Https://jbconstruction.co.uk/news-blog/j-browne-construction-awarded-5-year-above-ground-framework-agreement-with-affinity-water

Extracts:

"J Browne Construction Awarded 5-Year Above Ground Framework Agreement with Affinity Water
May 20, 2021

J Browne Construction is delighted to announce a 5-year extension to our existing Above Ground framework agreement with Affinity Water. The agreement is one of four infrastructure frameworks awarded to key partners, which combined are worth circa £100 million during AMP7....

.....These four contracts make up a significant part of the multi-million AMP7 Capital Investment Programme and will cover all regions served by Affinity Water. Under this framework the four key partners will be delivering over 100 different projects providing civil engineering, M&E, process treatment and pumping station projects.

Steve Plumb, Director of Asset Strategy and Capital Delivery said: “Affinity Water is pleased to sign this long-term agreement with J Browne Construction to support in the delivery of our challenging above ground assets programme. These frameworks adopt a more collaborative approach focussing on achieving shared programme value and efficiencies. We look forward to a successful relationship with each partner”.

Encouraging too that sellers just now are getting almost the 18p mid-price. There's evidently demand for the shares out there.

Really surging and bouncing back this week. Had fallen from the highs - probably a few bored investors profit-taking, maybe a few stop-losses being breached. Given the excellent outlook in the interims and the potential it's not surprising to see the return to form.

A stream of buying from just before 11.00, and buyers are now paying the full 18.5p offer.

Not much stock around it would seem.....

Great to see Simon Thompson weighing in again - he concludes with a 130p target and Buy....

https://www.investorschronicle.co.uk/ideas/2021/06/07/on-the-upgrade/

Nice article about RNWH with rather positive conclusions:

Https://www.stockopedia.com/articles/two-factors-the-market-might-be-missing-with-renew-holdings-220139/

Extracts:

"One of the quality metrics for Renew Holdings is that it passes 8 of the 9 financial tests in the Piotroski F-Score. The F-Score is a world-class accounting-based checklist for finding stocks with an improving financial health trend. A good F-Score suggests that the company has strong signs of quality."

"A rule of thumb for a reasonable Earnings Yield might be 5%, and the Earnings Yield for Renew Holdings is currently 6.58%.

In summary, good quality and relatively cheap valuations are pointers to those stocks that are some of the most appealing to contrarian value investors. It's among these shares that genuine mis-pricing can be found. Once the market recognises that these quality firms are on sale, those prices often rebound."

Even more significant than the amount is the higher margin achieved selling direct rather than through a reseller, and also that these are recurring revenues via service contracts. The City loves to see increasing recurring revenues....

And there's also the promise of "increased revenue from equipment sales" from the Canada office:

Https://uk.advfn.com/stock-market/london/mti-wireless-edge-MWE/share-news/MTI-Wireless-Edge-Limited-Canadian-Contract-Win/85304782

Looking good. And still extremely undervalued imho.