Member Info for rivaldo

I've completed my buying now - at just above the placing price - having made additional enquiries off-board and received further info and answers as to the questions I had above. I hope to be here for the long-term unless anything changes - hopefully there'll be plenty to look forward to in the coming months and years.

There's a great new article about GTC published today by Martin Flittion - well worth reading:

Https://martinflitton1.wixsite.com/privatepunter/post/getech-looks-to-the-future-23-03-21

A terrific finish last night, and already ticking up today. There was some news yesterday, but not enough to account for the rise - though it does highlight INSE's green credentials:

Https://inspiredenergy.co.uk/the-impact-of-covid-19-on-secr-reporting/

"The impact of Covid-19 on SECR reporting
22nd March 2021

As many businesses continue to feel the effects of Covid-19, energy reporting may not always be high on the agenda right now. So when it comes to their latest Streamlined Energy and Carbon Reporting (SECR) deadline, it’s important for eligible businesses to consider and prepare for the ways in which Covid-19 could have impacted their compliance.

All large UK companies and large LLPs, along with all quoted companies, must report on their annual energy use, resulting greenhouse gas emissions, an intensity metric and any energy efficiency actions they have undertaken over the year within their SECR report. Their SECR report must be submitted every year alongside their Directors’ Report, which means that many businesses will be preparing to submit their second SECR report in 2021, following the scheme’s introduction in April 2019.

While SECR was designed to make the energy reporting process easier for businesses, in working with our SECR customers our experts have found that many are finding reporting more difficult this year due to challenges created by the coronavirus pandemic. We want to make SECR compliance simpler for businesses, so we’ve taken a look at the common challenges facing eligible organisations and how they can overcome them.....

....Having external support from energy experts can take the hassle out of achieving SECR compliance. Our SECR specialists can support you with every aspect of the compliance process, from chasing suppliers for energy usage data to backing you up in the boardroom when you’re trying to gain buy-in for your energy efficiency improvements.

We can handle the entire process for you, from start to finish, so that you can concentrate on your core business operations. If you’d like to find out more about how we can support you, head to our SECR services page or call us on 01772 689 250."

Good news for VLG from Alliance Pharma's 2020 results today - APH did OK overall, but Kelo-cote outperformed, particularly from Q2 onwards (which was when VLG began production):

"Kelo-cote - scar prevention and treatment

We were particularly pleased with the performance of Kelo-cote, which delivered good growth in 2020, continuing the trend from 2019, with sales up 12% to GBP34.7m (2019: GBP31.0m), due to further strong demand from China from the second quarter onwards as local lockdown restrictions eased. Across the rest of the APAC region, ongoing local lockdown restrictions in response to the pandemic have had a more sustained impact on the brand's performance, likewise in South America and some countries within EMEA. Nevertheless, we expect sales across all these regions to return strongly once lockdown restrictions are eased."

And rightly so.

FYI I've been sent a copy of an article on DKL which was in yesterday's Sunday Express - unfortunately it doesn't seem to be online.

It notes that DKL are benefiting from both high CPO prices and a strong start to the production harvest season, and DKL are "on track for record results".

The CEO is quoted as saying that, with cashew processing due to go live in Q2, "Cashews should be almost immediately cash-positive. It has the potential to be a bigger business than palm oil (for us)."

And "Moore added that Dekel plans to diversify into two more commodities".

Robotics Tomorrow are covering PEG's new armoured vehicle eyeCradt 360 camera system:

Https://www.roboticstomorrow.com/news/2021/03/18/preliminary-attendee-list-released-ahead-of-future-armoured-vehicles-situational-awareness-2021-in-april/16487/

"The next annual conference on Future Armoured Vehicles Situational Awareness, which is taking place virtually on the 12th and 13th April 2021, is the industry's only event dedicated to enhancing situational awareness technology for armoured platforms....

....This year's event highlights will include exclusive addresses presented by leading figures within the field:

• 360 Degree spherical video explained by Petards: In a presentation entitled "Feedback from User Trials of 360 Degree Spherical Video on Armoured Vehicles," Mr Scott Patterson, Defence Director, Petards, will introduce the eyeCraft 360 camera system that solves local situational problems for vehicle crews and dismounted personnel. The presentation will also cover the implications caused by human factors as well as its other use cases."

https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-kape-sureserve-worsley-and-more/

"Capital Ltd (LON:CAPD) – still offering upside

With an increased number of rigs in its fleet, 98 last year against 92 in 2019, and an increase in their utilisation, up from 54% to 59%, it was good to see this expanding mining services group record better results.

For the year to end-December it saw a 17.5% increase in revenues to $135m and an uplift in net profits at $24.8m against $10.4m previously. Earnings came out 130.6% better at 17.8c, with an almost doubled dividend at 2.2c (1.4c).

The net assets per share were up 68.3% at 106c, while net cash was 13.1% better at $5m at the year end.

The year ahead is expected to see a heavier focus upon the group’s mining services side.

I have been disappointed at the continual dribbling of holders reducing positions in the shares over the last few months, coupled with more stock coming out onto the market for the recent fundraising.

However, I remain confident that this group’s strategy going forward is well-based and that its shares, now 11% better at 68.75p after the results yesterday, still offer strong upside potential."

Https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-kape-sureserve-worsley-and-more/

Kape Technologies (LON:KAPE) – flying away

Wednesday’s 2020 final results statement from this digital security and privacy software business showed very strong growth, with revenues up 85% at $122.2m and adjusted pre-tax profits up more than 146% at $26.1m ($10.6m). Earnings more than doubled from 6.5c to 13.5c per share.

The year did include a $25.6m once-off tax benefit. Even so broker’s estimates, for this current year and next, show $200m of sales for 2021, then $250m for 2022. Profits could more than double to $64m this year and move up to $84m next year, worth 25.5c, then 33c in earnings per share.

This group is building up fast and I would suggest that those estimates will be soon left well behind.

The shares remain an excellent hold.

Ticking up again this morning, with the spread reducing very nicely to 2.14p-2.2p. Sells have been achieving a good premium to the prior bid price whilst buying at the full 2.2p offer has caused another tick up.

Which continues to point to continued buying demand in the background here.

this morning. Not surprising really :o))

Amazing figures :o))

The forecast for the entirety of 2021 was $67.8m EBITDA - and TRMR have made $25m-$28m in their quietest quarter of the year!

To be "significantly ahead" of expectations is understating it if that's possible.....

https://uk.advfn.com/stock-market/london/tremor-TRMR/share-news/Tremor-International-Ltd-Trading-Statement/84630781

Extremely significant news this morning.

It's probably only an RNSNON because of the financial impact, but for CNIC to be awarded the "global management of some of the UK's most critical domain extensions including .gov.uk, .gov.scot, .gov.wales and .llyw.cymru" is incredibly prestigious and a great reference point for the business.

And of course it's a nice three year minimum project too:

Https://uk.advfn.com/stock-market/london/centralnic-CNIC/share-news/CentralNic-Group-PLC-CentralNic-partners-with-Jisc/84630939

Nice article in the Times about lockdown winners in general including SBI:

Https://www.thetimes.co.uk/article/the-lockdown-winners-who-saw-the-chance-to-triumph-over-tragedy-mjd5hpnhj

"Testing companies have been among the biggest beneficiaries, working in laboratories in Britain to develop faster and more accurate devices to help lift the restrictions on much of the rest of the economy (Alex Ralph writes). Among those to benefit was SourceBio International, an Aim-quoted company that, like many, has repositioned itself to capitalise on the opportunities from the crisis.

SourceBio, which provides biopsies for the NHS and cold storage services to drug companies, repurposed part of its Nottingham plant to provide polymerase chain reaction testing. Its customers range from Spire Healthcare, the listed private hospitals company, Nuffield Health, the healthcare charity, the Department of Health and Social Care and, more recently, the Rugby Football Union. The tightly held shares have not become a market darling in the same extraordinary vein as Aim-quoted rival Novacyt but the company raised £35 million when it returned to the market last October."

Thanks for that as I'm not a subscriber - here's the link anyway for the record:

Https://app.stockopedia.com/content/stock-pitch-fonix-mobile-lonfnx-782679?order=createdAt&sort=asc&mode=unthreaded

The keen buying continues, with a 454,002 share buy at the full 2.2p offer just now.

For the record, Shore Capital yesterday reiterated their forecasts of 6p EPS this year (1.3p dividend), rising to 6.7p EPS for the year starting 1st October this year (1.5p dividend):

"Estimates unchanged and positive view remains.

We maintain our view of the Group’s attractions, outlined in our 9 March report, Energy supplement. We believethe two divisions offer high revenue visibility from typically multi-year contracts: Compliance,underpinned by the regulatory necessity to monitor safety in social housing; and Energy Services, by national and local government commitments to carbon reduction.

We see Sureserve as combining growth, low risk and cash generation. Our estimates are unchanged and we believe the shares continue to offer good value, P/E 10.4x FY 23F, explored further in our 9 March note."

Excellent review on Pro-active Investors, including this comment from Berenberg in these extracts:

Https://www.proactiveinvestors.co.uk/companies/news/944228/capital-ltd-experiencing-most-positive-trading-conditions-in-its-history-944228.html

"Capital Ltd (LON:CAPD) is experiencing some of the most positive trading conditions in its history....

We are highly encouraged for the year ahead given favourable operating conditions are continuing,” said executive chairman Jamie Boyton. “The gold price, our principal commodity exposure, remains at elevated levels and equity markets continue to be supportive for capital raising activity, with fundraisings for Juniors and Intermediates experiencing a significant month-on-month uptick in activity during February, with the greatest number of large financings in recent history, a strong indicator of future demand,” he said.

“Additionally, we have had a strong start to 2021 with numerous contract awards across the West African region, together with the new long-term contracts at the Geita gold mine awarded already to date.”

Underlying earnings (EBITDA) rose 24% to US$33.8mln as revenue grew 18% to US$135.0mln. Capital Ltd said revenue guidance for 2021 was US$185 to US$195 million driven by improving drill rig utilisation, contract extensions and expansions from existing long-term contracts and the start of the load and haul waste stripping contract at the Sukari gold mine in Egypt.

The company’s strong performance in 2020 was reflected in the decision to pay a final dividend of 1.3 US cents per share, up 86% from the year-earlier final payment, taking the total dividend for 2020 to 2.2 US cents (2019: 1.4 US cents) .

“Not only did we achieve a transformational milestone with the award of our mining business's first major earthmoving contract with our long-term client Centamin, which is anticipated to deliver incremental revenues of US$235 - US$260mln over four years, but we also delivered outstanding results across all our business units,” he added.
House broker upbeat

House broker Berenberg said the results were driven by better mark-to-market profits on investments and lower costs.

Market conditions remain strong added the broker with the outlook bullish for the rig market while management continues to suggest a buoyant environment, with strong demand for its rigs (particularly in West Africa), an upbeat environment for its MSALABS business and a highly active tendering market across all business activities.

Finally, the Sukari waste contract continues to progress well.

“We continue to believe that Capital is extremely well placed to benefit from a very strong demand environment in mining, with upside pressure coming in the form of higher utilisation rates and pricing.”

Berenberg has a target price of 100p compared to 68.8p, up 12% today.

Good to see KAPE utilising Investor Meet for a shareholder presentation next Thursday the 25th:

Https://uk.advfn.com/stock-market/london/kape-technologies-KAPE/share-news/Kape-Technologies-PLC-Investor-Presentation/84621036

Iceland are trialling a new convenience store format called Swift, which if successful "could soon start appearing in cities and towns across the UK".

The more stores the better as regards VLE:

Https://inews.co.uk/news/consumer/iceland-swift-convenience-stores-food-shopping-amazon-fresh-916200

CAPD got a rather bullish review on Stock-opedia last night in Paul Scott's Small Cap Value Report by Jack Brumby. It concluded as follows (a bit misleading to use the full 17.6c EPS including the investment gains, but I guess he's a newbie to CAPD):

"Conclusion

These are strong results and Capital looks well placed for a continued pick up in Africa-based mining activity. I don’t think we’ve missed the boat here.

Some big institutions have been buying in and, given the results and outlook, the share price looks cheap. Diluted EPS of 17.6c puts the group on about 5.4x FY20 earnings.

Capital guides to revenue of between $185m-$195m for FY21 and demand for drilling services ‘has increased strongly from Q4 2020, building further in Q1 2021’. MSLABS is working at near full capacity across all major laboratories.

MSLABS also sounds interesting – this is a global provider of geochemical lab services serving the exploration and mining industries. There could be growth potential here.

Given the buoyant outlook the shares do look cheap at the moment and I think it’s well worth spending a bit more time getting to know this company.

True, at some point there could be a downturn in mining activity, but there seems to be a disconnect between the positive outlook and today’s share price even accounting for the 10% rise."