Member Info for rivaldo

Excellent news today:

- PBT ahead of expectations
- net cash also ahead, at £1.8m against the £5.9m m/cap
- revenues 42% up year on year to £4.4m (also ahead of expectations)
- and "The new financial year has started well with momentum continuing"

Lovely stuff.

Another contract win, this time with Bombardier, "as part of a GBP55m upgrade programme" and bringing secure income through 2021-2023...looks like PEG are on the up again:

Https://uk.advfn.com/stock-market/london/petards-PEG/share-news/Petards-Group-PLC-Contract-win/83499972

Very encouraging results out today - £1.75m EBITDA represents "an uplift on previous guidance representing a better than expected performance by the Group".

And CSSG have around £4m net cash to play with - not bad for a £9m m/cap.

The increased 1.95p dividend reflects the confidence going forward.

As does the outlook, particularly given the two large recent contract wins, stating that "Trading post the year end is progressing well".

Shame that the non-cash items (goodwill, depreciation) in the headline profit mask the true core business performance, but most should see through that.

The stress on "Potential new acquisition opportunities" hopefully indicates that the cash pile is about to be utilised....

Verici's IPO on AIM has just been announced - here's a link:

Https://www.investegate.co.uk/aim/rns/schedule-one---verici-dx-plc/202010201200016589C/

EKF have 3.9% pre-admission (and Renalytix 14.2%), and Verici will have a £28.3m m/cap post-admission after raising £14.5m

Nice - 2.45m shares just bought at 1.2p (i.e almost £30,000's worth) and an immediate tick up.

...and now the bid price is up to 63p and buyers are paying the full 64p offer.

for RAI:

Https://www.africaintelligence.com/central-and-west-africa_politics/2020/10/06/emirates--remote-logistics-group-ra-international-is-to-advise-car-general-staff,109611578-ar1

"Issue dated 06/10/2020

Emirates' remote logistics group RA International is to advise CAR general staff

The Dubai-based contractor is to train the Central African Republic's armed forces under the supervision of the US Army. [...] (269 words)"

SCE presented at Mello Monday last night in a "gamechanger" 20 minute session, and apparently there's now going to be an additional hour-long presentation to include David Bundred on Wednesday, as there's so much to talk about.

Evidently not much stock around now, given today's 1p rise from a few small post-presentation buys (the presentation must have gone down well!).

Last year's year end update was 24th October, so this year's could be this week or perhaps next Monday morning.

Nice 400,000 share buy at almost 1.2p to start this morning off.

Terrific spot Conkersdeep! This should be more publically known - perhaps EKF will issue an RNS or RNSNON? Here's a direct link....

Http://bidstats.uk/tenders/2020/W43/737214681

"1 buyer
Public Health England
London

1 supplier
Ekf Diagnostic Holdings
Cardiff

Description
As part of PHE's response to the ongoing international outbreak of a novel Corona Virus (SARS-CoV-2) Public Health England awarded a contract to EKF Diagnostic Holdings PLC for the provision of SARS-Cov-2 sample collection tube (Primestore Transport Media).
Award Detail
1 Ekf Diagnostic Holdings (Cardiff)

Value: £1,200,000"

Yes we do Libero! The trading update only a couple of weeks ago noted there'll be a further update in early November, with another "strong" Q4 performance expected....

"Due to the continued demand for PrimeStore MTM and the improving performance of our core business the Board remains confident of delivering on the strong full year performance reflected in previously revised management expectations. Whilst it is too early to make further revisions to these performance expectations, trading in October is expected to suggest a strong Q4 performance. The Company intends to provide a further update on trading in early November."

Following their appointment as joint broker in July, N+1 Singer have today initiated their coverage on VLG.

They have a 129p fair value target, and say VLG is an "exciting growth play" with COVID-19 upside on top due to the mouthwash applications.

They conclude:

"In addition, forecasts in our 3-year time horizon could prove too conservative and we can foresee scenarios with significant upside risk. In our bull case scenario, which includes some additional organic growth, higher levels of drop through, and some M&A using existing resource, the EV/EBITDA multiple at 129p could drop to c5x by FY22."

With 850,000 shares traded already, it looks like the evident overhang has come/is coming to an end, with the mid-price finally now up to 63p....

Only around £10k of buying has pushed the price up 1.25p, so hopefully the large 250k buy reported at the close on Friday has cleared out the available stock.

Https://www.thisismoney.co.uk/money/investing/article-8850321/MIDAS-SHARE-TIPS-Help-save-babies-Inspiration.html

Conclusion:

"Over the next five to seven years, Campbell is keen to triple sales to at least £100million, drive profits forward and increase dividends. He is resolutely focused on patient care too, doing everything possible to improve the lives of newborn babies and their families.

The company is exploring new products and expects sales to grow rapidly, following the SLE acquisition. Efficiency should be improved too, through economies of scale.

Midas verdict: Campbell has a simple philosophy – that good businesses should be growing, profitable and generating cash. They should then reward the shareholders who took the risk of investing in them. Inspiration ticks all these boxes. It also helps some of the most vulnerable children in the world and has played a key role in combating Covid-19. At 66p, the shares are a buy."

Cheers surprised - looks like the print coverage has attracted some further attention. Good to see the share price now up 1.5p, hopefully suggesting any seller is now out.

VLG were recommended by Growth Company Investor's editor David Thornton in his July podcast, and he summarises them again in this new interview from around 4 minutes in, saying they're still a very good bet:

Https://www.piworld.co.uk/2020/10/16/a-piworld-interview-with-david-thornton/

(1) September's New Jersey figures........

"Internet Gaming Win was $87.6 million in September compared to $41.1 million in the prior period, reflecting an increase of 113.0%.

https://www.nj.gov/oag/ge/docs/Financials/PressRel2020/September2020.pdf

(2) And September's figures from Italy:

"ITALY iGaming revenue rose 25.4 percent to €260.72 million in September.

Online casino increased 29.2 percent to €92.7 million, as sports betting was up 18.6 percent to €152.5 million.

Flutter’s PokerStars led online casino market share with 12.2 percent. Playtech’s Snaitech led sports betting market share at 16 percent."

Tipped by Questor in this morning's column in the Telegraph - anyone got full access?

Https://www.telegraph.co.uk/investing/shares/questor-whatsapping-clients-video-calls-doctors-firm-ready/

"Questor: WhatsApping clients, video calls with doctors – this firm is ready for life after Covid

Questor Inheritance Tax Portfolio:

IMImobile’s communications tools help its clients talk better to their customers via new digital channels
By Richard Evans 16 October 2020 • 5:00am

It’s tempting to divide companies into those that have suffered during the pandemic, such as airlines, and those that have prospered, such as technology firms. But there is a third category: businesses that suffered in the early stages of the virus crisis but expect to benefit from it in the longer term...."

Good to see a new article on Stockopedia assessing RNWH as a "high quality" stock with a good Piotroski score and a "cheap" valuation:

Https://www.stockopedia.com/articles/why-quality-and-value-might-be-key-drivers-of-the-renew-holdings-share-price-133063/

"The Renew Holdings share price has moved by 8.45% over the past three months and it’s currently trading at 482.56. But what's interesting about this share is its potential exposure to the influential profit drivers of high quality and a relatively cheap valuation....

....One of the quality metrics for Renew Holdings is that it passes 6 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.....

.... As a percentage, the higher the Earnings Yield, the better value the share.

A rule of thumb for a reasonable Earnings Yield might be 5%, and the Earnings Yield for Renew Holdings is currently 7.01%.

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."