Member Info for rivaldo

The AGM update will be next Tuesday (30th June). Hopefully we'll get a brief update as per last year, confirming the continued profitability outlined recently.

...and not many shares available to buy online. Looking good now.

There's a number of mindblowing near and medium-term opportunities here.

"Design freeze by end of June" for RTC. 100k tests per week initially, rising to 200k per week in September.

ELISA testing: 1m tests per week, either antigen or antibody or mixed
Lateral flow : 1m tests per week, with 200k for RTC and the rest for Mologic

CD4 : demand will be say 4.6m tests, at $4 per test and at 70% margin. Initial orders to be shipped "over the summer months", so not long now.

Food Intolerance made £4.2m EBITDA in the last year. Chinese sales could reach 1m tests per annum, at $15.50 per tests at 70% margins....

Additional lateral flow tests to be developed for meningitis and TB using equipment already purchased.

The great thing here is that there are so many different irons in the fire as well as COVID-19 - and if COVID testing even only partially comes off, this should imo easily see good upside from here.

I did my bit for sales by buying Dentyl Dual Action mouthwash last week for the first time (mint flavour) for my family instead of our usual brand. Tastes OK, and obviously the CPC ingredient has now made me immune to COVID-19 too :o)) Possibly.

Today's results are as expected, with no surprises.

The main points now are that SCE are well funded going forward, and that there continues to be an unusually high level of optimism as regards upcoming contract news for later this year.

Finncap have today re-instated their 30p price target, and conclude as follows:

"Increasing capacity utilisation drives valuation: When the Knowsley factory reaches capacity (100,000 discs/annum in five production cells), we calculate that revenue could be c£50m, gross profit c£30m and EBIT c£25m. Allowing for the additional capex to build the incremental four production cells, we calculate that SCE could have an EV of c£150m at that point – more than four times the current value."

Bullish commentary this morning on the gold price, which continues to trade very nicely at around $1,740.

The next trading update is due soon in mid-July, and should add to the very encouraging AGM trading statement. The run-up and/or reaction afterwards should imo see a substantial re-rating here:

"Gold pushed higher as the yellow metal continues to take centre stage in a Covid-19 environment. I think everyone is finally resigning themselves that regardless of a possible pick-up in inflation or other negative consequences, there will be continued stimulus throughout the world for a long time to come. We expect this will likely keep gold prices supported in the long term," commented AxiCorp's Stephen Innes."

Extensive new interview with the CEO covering virtual queue technology, social distancing, limiting capacity at attractions/entrances, advanced reservations etc...

There is a huge, global opportunity here for ACSO across so many sectors (much more than even every single theme park and attraction).

Given ACSO's track record, global customer list, technology already in place and working effectively, and wide patent protection, one would think ACSO are in prime position to clean up here.

Let's hope management are up to the job and can perhaps recover at least some of the sparkle from not so long ago:

Https://www.coaster101.com/2020/06/19/virtual-queues-and-more-with-accesso-ceo-steve-brown/

Extract:

"Virtual Queues and More with accesso CEO Steve Brown
June 19, 2020

The ongoing coronavirus pandemic is leaving no part of the theme park experience unchanged. As theme parks begin to reopen, their standard operating procedures are drastically different with new safety protocols and other operational changes in place.

In addition to encouraging standard hand-washing and other personal hygiene practices, park operators are encouraging social distancing to prevent the spread of COVID-19. This includes limiting park and attraction capacities, requiring advanced reservations and implementing virtual queue technology.

Enter accesso®, the inventor of virtual queue technology; the tech company has served as the premier technology solutions provider for theme parks, attractions and other entertainment venues worldwide for 20 years. Currently serving over 1,000 venues in 30 countries around the globe, accesso’s patented and award-winning technology helps drive increased revenue for attraction operators while reducing the time guests spend waiting in line, therefore improving their overall experience."

In summary:

"How do you think virtual queue technology will change theme parks in the long run after the COVID-19 pandemic has ended?

Virtual queuing has always been the future of the theme park and attractions industry, but we’re seeing more widespread use ushered in more quickly than expected due to the pandemic. Although current implementations focus on the safety of guests and employees, the use of this technology will forever change the guest experience for the better.

This technology will allow guests to enjoy more of a venue during their visit, which in turn provides a better guest experience, as well as the potential for increased in-park spend."

should have taken out any overhang :o))

Just been tipped by Ken Wotton, Manager of the Gresham House UK Micro Cap Fund in this video interview transcript:

Https://www.morningstar.co.uk/uk/news/203326/3-alternative-stock-picks.aspx

"Wotton: Our final stock is a company called Inspired Energy Group. Inspired Energy is a specialist energy procurement consultancy business. So, it focuses on mid-sized corporates, typically ones that use greater amounts of energy than average and it advices them on the sub-optimal tariffs that they should be entering into for their gas and electricity and also advices them on how they can reduce their energy consumption that is very topical at the moment sort of as sustainability becomes a more prominent thing in people's minds. And this is a business that has really successfully used the AIM market over the time it's been listed. So, we invested in that business in 2011 when it came to the AIM market. It was a 10 million market cap company and made profits of just over £1 million. Roll forward to last year, and it made profits of £18 million…

Black: And is it often that you'll hold a company for that long, particularly it's still fitting your micro-cap remit?

Wotton: Yeah. So, we are long-term investors. On average, we'll hold a company for four to five years, but we have some which we've held for shorter times and some we've held for much longer including Inspired Energy. And we look at it based on the opportunity and whether we still believe there's good attractive returns to come and this is in category of – it was a very small company. It's now sort of a medium-sized company but we think there is a good growth opportunity for the next few years."

"Heavily oversubscribed", so should mean continued demand in the aftermarket.

Hopefully this will lift a weight off the share price and release the brakes given the certainty it brings as to cash resources.

And great to see the open offer taking care of existing shareholders.

Good to see VLG getting more coverage with John Rosier buying in here:

Https://www.investorschronicle.co.uk/shares/2020/06/18/taking-a-bullish-cue-from-history/

"I added a 4.0 per cent position in Venture Life Group (VLG) (three purchases between 56p and 67p). The manufacturer of healthcare products such as Dentyl mouthwash and UltraDex looks excellent value given current rapid growth. It has an order book around 2.5 times larger than a year ago and has signed a lucrative long-term deal with its Chinese distributor. Also, it is ramping up production of sanitising hand gel at its Italian factory, which should lead to further earnings upgrades. If those upgrades come through, I think the valuation based on current forecasts of 14.7 times December 2021 earnings falling to 13.2 times December 2020 will prove attractive. I rate it as medium risk/high reward, pointing to a 4.0 per cent position."

Enough said....

"In April this year, growth at the firm continued with the acquisition of a new lateral flow manufacturing facility in Doncaster.

Mr Hunter said this now means Abingdon Health’s two manufacturing sites in York and Doncaster have the capacity to produce millions of rapid tests per month for clients across many industries."

The price has just bounced back up 1.5p after only £3.5k of buys.

New tweet - nice graphic too :o))

Https://twitter.com/react_sc/status/1273261820132888578

"We're growing our business across all our #SpecialistCleaning, hygiene and decontamination services. Right now the demand is for #FirstResponseCleaning, but we're also increasing growth in regular maintenance cleaning #REAT http://ow.ly/fQNJ50A9mby"

The CPO price is now up to $605 per REA Holdings' chart - a year ago it was $494...

from CAPD client CORA - they look set for a decent round of exploration drilling:
Https://www.investegate.co.uk/cora-gold-limited--cora-/rns/us-21m-termsheet-to-fund-construction-of-sanankoro/202006180700052958Q/

I note that the buying price for CAPD has now moved up to 62.9p, which is a good sign. Jdevereaux, always ignore the published spread and look at the prices of the actual trades going through - the real spread is always a lot lower than that shown in the portfolio. At present you can sell at 58p and buy at 62.9p (yesterday you could buy at 61.9p), compared to the 57p-64p spread currently (and misleadingly) shown on stockwatch monitors.

by the editor of Growth Company Investor as a "Growth Stock to Watch in a post-covid-19 world":

Https://www.whatinvestment.co.uk/two-growth-stocks-to-watch-in-a-post-covid-19-world-2617929/

"Kape Technologies

Kape Technologies (AIM: KAPE) should be immune from covid-19: as a supplier of computer security and internet privacy software its apps will likely be regarded as a necessary utility by their 2.3 million users.

Trading momentum is strong with a 42% increase in paying subscribers over the course of 2019, excluding the acquisition of Private Internet (PI) which came in at the end of the year.

Cost savings of around $4m are expected from this deal and CEO Ido Erlichman told us the integration was on track. The PI deal has taken Kape into a $32m net debt position but this is supported by recurring subscription revenues.

The debt facility has headroom to fund further acquisitions and Erlichman says he has a ‘significant pipeline of targets’ but that the priority is to focus on integrating PI. The current year p/e is 15x looks very reasonable."

Good news from Canada - and IMO providing a valuable service:

Https://www.prnewswire.com/news-releases/imimobile-north-america-enhances-real-time-text-message-technology-for-crisis-services-canada-301077237.html

"IMImobile North America enhances real-time text message technology for Crisis Services Canada
Jun 16, 2020, 09:30 ET

Supporting increased demand for remote suicide prevention helpline responders through digital channels

TORONTO, June 16, 2020 /PRNewswire/ -- Global cloud communications software and solutions provider IMImobile PLC today announced it has launched a new program with Crisis Services Canada (CSC) to enhance real-time text message functionality for its responders in order to meet the higher demand for its suicide prevention services since the COVID-19 outbreak.

The program, which was set up in just 72 hours, has been in use since April and has been instrumental in helping those in need of immediate assistance. The solution enables real-time, two-way conversations between responders and help-seekers, while also allowing flexibility for the responders to handle multiple interactions asynchronously to improve response time. To start a conversation, the user simply sends a text message to the CSC shortcode.

"We are always looking to use our technology in ways that support the areas in which we live and work. I am particularly proud of this solution and its ability to have an immediate, positive impact on our community," states Bruce Bales, CEO of IMImobile North America.

etc"

made after the trading update...my key points:

- VLG have £5m-£15m of firepower for further acquisitions, which are "always earnings-accretive immediately"
- relatively fixed cost base, so any increased revenues largely drop straight through to the bottom line
- VLG can double output without physically increasing the size of the factory
- he says VLG are "an incredible value buy" for investors at present on a value of 10 times EBITDA

Http://www.branduk.net/venture-life-group-aim-vlg-alan-green-talks-to-ceo-jerry-randall/

The Times reports this morning that £150 billion is set to be invested in infrastructure via insurers/pension funds. The sectors to be boosted would include:

- redevelopment of brownfield urban sites
- electric car charging sites
- fibre-optic networks/5G
- renewable energy

all of which are covered by RNWH's subsidiaries:

Https://www.thetimes.co.uk/edition/business/insurers-are-ready-to-pour-150bn-into-infrastructure-says-legal-amp-general-dlm5cdtd8