Member Info for rivaldo

From posts on another bb, we now know that a poster called "Cooltools" who'd bought 10m shares sold them all at the highs and then at steadily reducing prices, and has now bought 6m of them back at much lower prices to hold for the longer-term to a target of 2.8p.

This certainly helps to explain why the share price fell back from the 1.7p-1.8p levels.

LOL Gidget!

More buying coming in now in 250k and 150k tranches, with the price now up 14%....

Now almost 1,500,000 shares bought today at steadily rising prices, with the latest 250,000 bought at the full 1.15p offer.

750,000 shares bought in four tranches in the last 90 minutes, rewarded with a 5% jump in the share price.

Nice summary on the cloud and Covid opportunity from the respected Techmarketview:

Https://www.techmarketview.com/ukhotviews/archive/2020/07/28/covid-creates-demand-for-imimobile-digital-comms

"Tuesday 28 July 2020

Covid creates demand for IMImobile digital comms

Full year results out today from cloud communications software provider IMImobile, confirm that the firm had a strong FY20, growing revenue 20% to £171.2m (FY19: £142.7m). Profitability also improved with gross profit up 26% to £79.1m (FY19: £62.6m) and adjusted EBITDA up 13% to £21.6m (FY19: £19.1m).

We have talked much over recent months about how Covid is accelerating the trend towards digital products and services. IMImobile is one such firm that is having a “good Covid”, with demand for its cloud communications products growing in a number of different areas.

Initially during the lockdown, the firm saw demand increases from some sectors - Banking, Mobile operators and Logistics - counteract declines in sectors more adversely affected by the pandemic, notably Healthcare, SMEs and of course Retail. More recently, demand is growing across the board with examples ranging from retailers relying on digital comms to lure back customers, Healthcare providers defaulting to digital channels for appointment scheduling and leisure operators looking to move away from paper-based products. The firm is also seeing growing adoption of new messaging channels including RCS (Rich Communications Services), WhatsApp Business and Apple Business Chat.

IMImobile looks very well placed to capitalise on current changes to the workplace and has already seen Group gross profit up approximately 20% y-o-y for the first quarter of FY21, with its cloud communications product set showing y-o-y gross profit growth of over 30%. Definitely one to watch over the next twelve months."

Good news this morning - and Liberum have today reiterated their Buy and 320p target:

Https://investing.thisismoney.co.uk/broker-views/

Https://uk.advfn.com/stock-market/london/wincanton-WIN/share-news/Wincanton-PLC-eFulfilment-facility-new-Loaf-cont/82934646

"Wincanton announces new eFulfilment facility and five-year contract extension with Loaf

Wincanton plc, the largest British third-party logistics company, today announces the creation of a new dedicated eCommerce facility in Nuneaton, Warwickshire. The site will service its high growth eFulfilment business, to begin operations later this month.

The first beneficiaries of this new site will be existing Wincanton customers, home furnishings brand Loaf, and health and beauty company Neal's Yard Remedies. Wincanton will operate the facility under its W2 digital banner, with plans for further investment in cloud-fulfilment systems and robotics. This will accelerate online growth in the home, and health and beauty sectors.

As part of the transition, Wincanton has secured a new warehouse contract with Loaf for a further five years. Wincanton manages the end-to-end supply chain for Loaf including warehousing services, order fulfilment, carrier management and two-person home delivery.

James Wroath, CEO of Wincanton, commented:

"This new site, along with the new contract with Loaf, is a clear demonstration of Wincanton's capability and commitment to supporting our customers' growth and digital plans. A relentless focus on superior customer service and innovating through technology is key to continuing both our and their success in eCommerce."

Charlie Marshall, founder and CEO of Loaf, said:

"Wincanton has been a long-standing partner of Loaf. We are excited to continue this partnership in the new Nuneaton facility, which is well set up to support our ambitious growth plans."

Https://uk.advfn.com/stock-market/london/wincanton-WIN/share-news/Wincanton-PLC-eFulfilment-facility-new-Loaf-cont/82934646

"Wincanton announces new eFulfilment facility and five-year contract extension with Loaf

Wincanton plc, the largest British third-party logistics company, today announces the creation of a new dedicated eCommerce facility in Nuneaton, Warwickshire. The site will service its high growth eFulfilment business, to begin operations later this month.

The first beneficiaries of this new site will be existing Wincanton customers, home furnishings brand Loaf, and health and beauty company Neal's Yard Remedies. Wincanton will operate the facility under its W2 digital banner, with plans for further investment in cloud-fulfilment systems and robotics. This will accelerate online growth in the home, and health and beauty sectors.

As part of the transition, Wincanton has secured a new warehouse contract with Loaf for a further five years. Wincanton manages the end-to-end supply chain for Loaf including warehousing services, order fulfilment, carrier management and two-person hom

Desert Gold shares are up to CAD$0.28 this morning - CAPD's holding is now worth over £1m, against £0.62m only a couple of months ago.

Balanced 66, welcome - good to see someone else here at last realising the potential for a "picks and shovels" stock in a booming sector.

Online is crazy - the maximum shares you can buy are just 150 shares at 329p. Whereas you can sell at least 10,000 at the 320p mid-price.

The share price is only going one way based on that demand and supply :o))

Excellent results to 31st March given the pandemic - and most importantly, the outlook is as strong as hoped following the very good Q1'20 trading to 30th June.

With 17p historic adjusted basic EPS, and 20% gross profit growth in this Q1, one could hope for say at worst 20p EPS this year (given some dilution from the placing), and perhaps 23p-24p EPS given a relatively fixed cost base. This would be pretty cheap for a company in IMO's space and with global prospects.

The current trading and outlook is well worth a read:

Https://uk.advfn.com/stock-market/london/imimobile-IMO/share-news/IMImobile-PLC-Preliminary-Results/82934879

"Current trading and Outlook

As previously reported in our announcement on 9 July, the Group has delivered a resilient performance in Q1 FY21 despite the operational challenges presented by the COVID-19 pandemic. Notwithstanding the impact to businesses globally, we strongly believe that current trends will benefit IMImobile, evidenced by Group gross profit being up approximately 20% year-on-year for the quarter, with the cloud communications product set showing year-on-year gross profit growth of over 30%.

Following period end, the Group has seen clear positive momentum across its regions. Alongside seeing a steady recovery of client activity in the worst-impacted industry sectors since late May 2020, the Group has been focused on strategic deployments, as existing and new blue-chip clients look to accelerate their adoption of digital communication strategies, that will help drive future revenues. Performance in North America, the largest addressable and growth market for the Group's product set, continues to be encouraging, with new strategic deployments for large US retailers having continued during the first quarter.

As previously disclosed, the results for Q1 FY21, together with a good and growing visibility of earnings, underpins the Company's confidence in achieving good year-on-year gross profit growth, subject to the impact of any second wave of the pandemic, including further organic growth in the cloud communications products business, in the full year to 31 March 2021.

With an established leading position in a number of our markets, and substantial opportunities for further growth, we are at an exciting juncture for the business as companies increasingly focus on digital transformation for customer engagement. Our execution of strategy is proven, and we look forward to delivering yet another year of growth ahead.

Jay Patel, Chief Executive Officer of IMImobile PLC, commented:

"We have delivered another year of strong progress, with double digit revenue growth across all sectors and regions for our core cloud communications product set.

We had many significant achievements in the year, including the winning of one of the world's largest retailers as a new client through to the acquisition and integration of 3Cinteractive Corp and the renewal of all major contracts falling due duri

Still rising - up 11.4% now.

Looks like it's just me here enjoying this :o))

Nice :o)) And lots of upside to Tamesis Partners' 100p target.

The gold price has surged again, up to $1,934.

And excellent drilling news this morning from CORA, whose share price has jumped to 10p. That makes CAPD's stake now worth £870,000, with more drilling to come:

Https://www.investegate.co.uk/cora-gold-limited--cora-/rns/new-discovery-at-sanankoro-gold-project/202007270700080881U/

Good to see today's news that the share buyback programme will continue until next January:

Https://uk.advfn.com/stock-market/london/mti-wireless-edge-MWE/share-news/MTI-Wireless-Edge-Limited-Extension-of-share-repur/82925793

Allenby's recent forecast initiation is likely to be conservative, since there are only two months left in the current year. REAT will be aware of the likely range of outcomes and should have guided Allenby appropriately. Allenby (if they have any sense) will therefore have left some upside for the actual outcome. I'd assume a £200k or so PBT for the year about to end.

More importantly since that year end is almost upon us, let's look to what will soon be the current year.

Assuming £200k historic profit, REAT will have achieved £150k PBT in the last H2. A little prudent growth would give £200k PBT in the coming H1 and £250k in H2, i.e around £450k PBT for the year.

This is especially conservative as the growth in H2'20 would have been achieved despite increased investment in the business in the period, as already flagged by the company.

Let's round up to £500k PBT for ease of calculation and to remove a little of the prudence above.

A company achieving growth from a £178k loss, to £200k PBT, and then to £500k PBT, would be deserving of a high growth multiple.

A reasonable growth P/E of 15 would give a £7.5m m/cap, i.e roughly 50% up on the current price.

This of course takes no account of the current (as forecast for the 30/9 year end) £1.7m cash pile.

Taking this into account gives roughly a £9m m/cap, or an EV of 1.8p per share.

REAT have said that they will concentrate of organic growth, but that acquisitions may be on the cards. If their cash were utilised in this way then earnings-enhancing acquisitions would of course further boost this valuation.

And we are taling here about what will soon be the current financial year - we're not talking about the year ahead, which is what the market normally looks forward to. If this were the case, we could extrapolate through to a potential PBT of some £650k-£700k based on similar prudent £50k PBT increases every 6 months.

All this is bsed on a fairly robotic and unimaginative P/E methodology.

Let's try more of a gut feel - what would a solid, well-managed business:

- making £500k PBT and growing at a relatively fast rate
- with a high 50% recurring income
- being a leader in its sector given the demanding, high quality work carried out
- with a bue chip client list of clients including hospitals, rail operators, prisons etc etc
- with high quality management proven to have transformed the business

be worth to an acquiror, or simply on the market to institutional investors looking for growth?

My guess is that REAT could given those criteria be accorded a valuation anywhere from £10m-£20m. If REAT management continue the way they've turned the company around already (starting much in advance of COVID-19), then the upper end of that valuation range could theoretically be in sight in say 12-18 months' time, i.e around 4p per share.

Certainly great to hear the continued confidence about announcing those new contracts this year - there's only five months left now.

With SCE having adopted a policy of saying less about what was happening, I definitely got the impression there may be quite a lot going on behind the scenes, including perhaps new OEMs/customers and deals etc which as yet we know nothing about.

The section about EVs made very reassuring listening. Imagine the scramble if a link-up with Tesla was RNS'd :o))

Timetables have slipped a touch due to COVID-19, but not meaningfully, and the story remains consistent. Management certainly know their stuff and the industry inside out, and the company is now - finally - very well funded. The rewards would seem to be (as always) a question of time and patience.

You should be able to see a recording of it soon on here:

https://www.investormeetcompany.com/investor/meeting/agm-proceedings-investor-presentation

A series of large trades have just gone through, around 4.3m shares in total. Which has to be good news and is hopefully the end of the overhang which has been here for some time.

Arden have retained their Buy, with a 260p target price, and comment as follows:

"Kape Technologies
Trading update: on track; Reiterate Buy rating

We reiterate our Buy rating on Kape post an inline trading update published this morning. Trading during the first half has been inline with management expectations (revenues almost doubling YoY) and reflects the groups consolidation of PIA underpinned by double digit organic growth. Management reported that end-market demand remains robust givenusers’ requirements for privacy and increased remote working. Kape’s implied revenue run-rate appears consistent with our FY20E expectations, which are within the range of management guidance for the year. We remain comfortable with our current estimates. Our target price of 260p continues to imply upside potential.

First half revenues (December year-end) are expected to come in at c.US$59m (+97% YoY, 15% organic) with EBITDA of c.US$16.1m, indicating a 27.3% margin. EBITDA rose 180% year on YoY, reflecting a combination of operational leverage of the consolidated group plus partial delivery on synergies. We note that recurring revenues represent c.90% of total revenues, which coupled with the multiyear average lifetime of a customer, presents strong forward visibility.

The integration of PIA has advanced faster than management’s original expectations which we believe is an encouraging indicator of how quickly synergies will be delivered. Management has retained its previously stated target of US$3.5m-US$4.5m;we already anticipate the close to the top-end in our forecasts.

Kape’s shares are up over 12% YTD and trade on 18.4x FY20E P/E and 3.0x EV/sales.
In our view, this is not particularly demanding given the group’s revenue visibility, profitability, organic growth prospects and future M&A optionality. Our target price of 260p is unchanged."

Cheers - some rather nice quotes in that interview:

"very strong demand for our existing products across the board"
"more product launches coming"

FYI from Cenkos' latest note dated 20th July:

"Exceptional first halfVenture Life Group has provided a trading update for the six months to June 2020. In the period, the company grew revenues by 80% to £16.9m, including 65% organic growth, while PharmaSource revenues (acquiredDec-19) increased 43% versus H1/19A. Supported by the new hand-sanitising brand, DISINPLUS, and organic growth, Venture Life Brands contributed 53% of revenues in the period, versus ~30% in H1/19A. During the half, Venture Life signed several new agreements, including an exclusive 15-year agreement with its Chinese partner and additional business with Alliance Pharma, providing a solid foundation for longer term revenue growth. Amid a global pandemic, these results clearly demonstrate the strength and agility of Venture Life Group, we maintain our Buy recommendation.

?Revenues – Venture Life has announced H1/20A revenue growth of 80% to £16.9m from H1/19A revenues of £9.4m. We estimate the VLG Brands division grew +220% to ~£9.0m (organic growth, +170%) and the Customer Brands division grew 20% to £7.9m. We estimate PharmaSource contributed ~£1.4m to H1/20A group revenues.

?Commercial – During the period VLG signed several new agreements. Most notably an exclusive 15-year, €168m minimum agreement with its Chinese partner and an extension to its relationship with Alliance Pharma. The commercial progress made during the period highlights the strength of the business and provides us with great confidence for the future growth of the company.

?Forecasts – We are maintaining a conservative perspective on FY20E, having upgraded our forecasts twice this year and reflecting the on-going COVID-19 pandemic. As such, we are leaving our forecasts unchanged at this time.

?FY20E Outlook – We expect continued growth for H2/20E, with our current estimate suggesting +20% revenue growth. Clearly, unlike historic years, our forecasts suggestFY20E revenues will be H1 weighted, reflecting early pandemic demand forDISINPLUS, initial Chinese orders and our conservative view on the second half.

?Investment thesis - Venture Life is having an exceptional year. For FY20E, we forecast c50% revenue growth, +100% adj EBITDA growth and adjusted EPS growth of 150%, while the strong balance sheet and access to low-rate Italian debt could, alone, support additive M&A opportunities. We believe the current P/E of 13.2x significantly undervalues the growth potential of the business. We believe our forecasts remain conservative and reiterate our Buy recommendation. "

Awale Resources is up 69% overnight to CAD$0.22 (CAPD invested at CAD$0.09) :o))

That makes CAPD's holding worth CAD$1.83mnow , or ££1.08m.....

CAPD's investments must now be worth close to £15m. And the cash pile may have risen by now to say $7m or so.