Member Info for rivaldo

...and to prove the point, up 0.4p just now on just a £750 buy :o))

Good to see the IC's Buy tip for RNWH featured heavily in the FT - this brought in some attention yesterday judging by the O trade retail buying, and will hopefully continue for the rest of the week:

Https://www.ft.com/content/9609c567-fcd7-4dfe-9bfb-1ea1a539c5a0

Now up almost 9%. And encouraging to see 50,000 shares just bought at 50p - 0.5p above the full 49.5p published offer price.

You can sell 100,000 at a premium at 14.35p, but you can only buy a maximum 1,500 shares at 14.98p - around £230's worth!

Stock must be very hard to find at present.

Looking strong on decent volumes - about time too!

Good news. CAPD have been winning work with Barrick Gold in Tanzania recently, but this morning's news from Barrick regarding improving relations with the government there should improve prospects further:

"Barrick Gold said it resumed shipping stockpiled concentrate from Tanzania in April after having reached a framework agreement with the government. Barrick said it resumed shipping of about 1,600 containers of concentrate from the Bulyanhulu and Buzwagi gold mines. The first USD100 million received from the sale went to the Tanzania government as the first tranche of a USD300 million settlement of disputes inherited from the Canadian company's acquisition of former London-listed Acacia Mining. The remaining USD200 million will be paid in five annual amounts of USD40 million. Barrick said it also has settled 90% of North Mara legacy land claims, with payment scheduled to start on Monday. The agreement follows discussions between Twiga Minerals Corp - a jointly owned local company formed by Barrick with the Tanzania government to manage the former Acacia operations in Tanzania - and the ministries of Mines and Land and local authorities."

Moving up nicely too:

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

Bit of an uptrend developing.

And still trading at less than the 12.5p per share of the cash pile.

Encouraging to see a 176,000 share buy at 1.7p just now - well above the full published offer price of 1.65p.

Here's Ardens's summary FYI from their new Buy note with the 260p target:

"Kape Technologies
Buy
Target Price: 260p

AGM statement upbeat; co on track; Buy

We reiterate our Buy rating on signs of good progress in integrating PIA and solid growth in the group’s user base. Management’s AGM statement reiterated its prior guidance for the year (our forecasts are inline), albeit maintaining a close eye on market conditions given the progression of the COVID-19 pandemic. The group’s share price has risen 20% YTD and now trades on 16.6x FY20E P/E and 3.3x EV/sales. Our estimates are unchanged but we take the opportunity to up our TP to 260p (implying 4x FY20E EV/sales) from 208p, reflecting robust momentum within the group and highly supportive trading and capital market conditions.

Management’s commentary highlights good momentum in user growth of 19% YoY during April as the group has capitalised on strong underlying trading conditions. Traditional seasonality for VPN sales within the business is weighted to H2’20. Given the current scale of working from home practices across COVID-19 pandemic-impacted markets, we view user growth as well underpinned for the remainder of the year with the April figure demonstrating encouraging progress.

Management also reported that it remains confident on delivering the US$3.5m-US$4.5m of synergies from the integration of PIA, which continues to plan. The two groups’ server architecture (the backbone of its service delivery) is now complete, allowing an improved user service. Importantly, management highlights an encouraging uplift of new user growth rates since applying its user acquisition practices to PIA’s product suite.

The product roadmap continues to progress and the group highlights the implementation of its new encryption protocol (WireGuard) has accelerated the speed of its Digital Privacy (VPN) division solutions by 30% relative to its prior state. We are also particularly encouraged by good initial feedback from beta trials of a cross-platform feature aimed at improving retention. Within the Digital Security division, the group aims to launch endpoint security solutions for Windows, expanding on its MacOS products, in Q2’2020."

Mark Watson-Mitchell of Master Investor has again updated on CAPD - I agree his 100p target, especially given the huge tangible asset backing, and believe Berenberg will increase their 77p initiation target after the next results:

Https://masterinvestor.co.uk/equities/small-cap-round-up-featuring-capital-drilling-totally-avon-rubber-and-more/?mc_cid=5e33e047c2&mc_eid=db9f9bbaf2

"Capital Drilling (LON:CAPD) – Berenberg initiates coverage as a Buy

Looking for the shares to go up to 77p Berenberg, on Wednesday of this week, published an impressive 40-page research document on my favourite drilling rig company.

This leading mining services business provides a complete range of drilling and mine site services to mineral exploration and mining companies, with a focus on the African markets.

The company’s services include exploration, development, drill and blast and grade control drilling for surface and underground projects and load and haul services.

The group’s corporate headquarters are in Mauritius and it has established operations in Botswana, Burkina Faso, Côte d’Ivoire, Egypt, Mali, Mauritania, Namibia, Nigeria and Tanzania.

The brokers state that the company has “shaped its contract portfolio to gain exposure from more stable, mine site contracts, which are related to production.”

The group’s “foray into contract mining has the potential to meaningfully grow revenues.”

The AGM is due to be held on Friday 12 June in Mauritius – so I anticipate a good statement from Executive Chairman Jamie Boyton on that day.

I remain a big fan of this company. I rate its upside potential as being very strong, similar to what some 90% of its clients drill for, namely gold. And the higher the price of that metal climbs, then demand for Capital Drilling’s services will increase.

This £81.5m valued company’s shares have been gently edging higher recently and they are closing the week at around the 61.5p level – leaving at least a 15.5p climb to hit Berenberg’s target price. That offers a 25% plus gain upon attainment.

Profile 23.07.19 @ 48p set an end-2020 Target Price of 76p.

Profile 22.10.19 @ 61p set and end-2020 Target Price of 100p."

Article in yesterday's Mail on Sunday about which companies will thrive post-COVID 19....with a focus on deep cleaning:

Https://www.thisismoney.co.uk/money/investing/article-8350859/Wholl-clean-Covid-crisis-ask-experts.html

"CLEANLINESS AT ALL COSTS

Hygiene will be a preoccupation for a long time to come, even if a vaccine is found for Covid-19. Faith Popcorn is a futurist and founder of marketing consulting firm Brain Reserve. She says that after the current focus on deep cleaning in hospitals and care homes, it will be considered necessary in other spaces as well, including at hotels, public arenas and restaurants.

She says: 'We'll want little robots “ like Roombas, robotic vacuums“ zipping around with UV light and heavy-duty cleaning formulas. We'll also want IoT (Internet of Things) sensors to monitor the safety and purity of locations. As a result, apps to track infection and fevers will be vital.'

Companies such as Byotrol and Tristel, both listed on the junior AIM market, are among those likely to benefit from this emphasis on cleanliness. Both produce high-tech disinfectant and have seen demand soar in hospitals. As users begin to expect similar cleanliness in social spaces, the two companies will have a new customer pool."

Good to see little ol' GAN getting exposure on TheStreet.com on Friday night:

Https://realmoney.thestreet.com/investing/the-market-is-setting-up-for-the-next-big-move-15330615

"A number of recent picks are perking up nicely today. Ocular (OCUL) and Inseego (INSG) are two that I've been focused on and they are both moving. Other names such as gambling play GAN (GAN)...are acting well."

....and another 500,000 just bought at the full 1.5p offer price.

Another move up after a 70k buy. Encouraging to see the bid price now move up to 14p.

As I said earlier, 2019's results will hopefully be out any day now.

Given that per the 26th March update, the division with 90% of Group revenues had had almost no impact from COVID-19, one would hope that (quite apart from the 2019 results, which we know will be good), the outlook for this year will show a relatively small effect. And of course lockdown is (slowly) starting to ease now.

Anyway, shouldn't be long now:

"There has been no material impact on the assurance and advisory services provided by the core Corporate Division to date, which represents c.90% of 2019 Group revenues."

"Whilst we undoubtedly are in a period of economic uncertainty, the Board believes that the Group's profitable and cash generative nature coupled with a strong order book and substantial liquidity at its disposal will see it well placed as the economy emerges from the current period of uncertainty."

A 500,000 and a 250,000 buy already today, and good to see the share price responding. It can surely only be a matter of time before more contract news - and the next RNS update isn't far away now (some time in June).

Stockopedia loves CAPD......

Https://www.stockopedia.com/articles/could-quality-and-value-be-the-key-for-shares-in-capital-drilling-32803/

"Could quality and value be the key for shares in Capital Drilling?
Wed 10:07am by Michael Green

Good shares at cheap prices are what the very best investors look for. At this time of economic turmoil and market volatility, could Capital Drilling (LON:CAPD) be one of them?

When it comes to the proven drivers of stock market profits, "good" and "cheap" is the best blend of quality and value that you can get. Research shows that poor quality, expensive shares tend to underperform - but high quality, cheap shares can deliver stunning profits.

The Capital Drilling share price has moved by 4.46% over the past three months and it’s currently trading at 61.49. The good news is that it scores well against some important financial and technical measures. It's a large-cap share with strong exposure to high quality and a relatively cheap valuation.

One of the stand out quality metrics for Capital Drilling 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.
Fair price

While quality is important, no-one wants to overpay for a stock, so an appealing valuation is vital too. With a weaker economy, earnings forecasts are unclear right across the market. But there are some valuation measures that can help, and one of them is the Earnings Yield.

Earnings Yield compares a company's profit with its market valuation (worked out by dividing its operating profit by its enterprise value). It gives you a total value of the stock (including its cash and debt), which makes it easier to compare different stocks. 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 Capital Drilling is currently 20.5%.

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."

India is resuming imports of CPO after an extended break, and CPO prices are pushing upwards again:

https://www.reuters.com/article/us-india-malaysia-palmoil-exclusive-idUSKBN22V0QM

With DKL's high season being Jan-June I assume there's still time for DKL to benefit from these higher prices. Even previously, the CPO price was still higher than it was a year ago.

Draftkings also IPo'd recently - they're heavily lossmaking until 2022, yet have a $9.3 billion m/cap....whereas GAN's m/cap is only around $408m despite being very profitable already with equally if not better growth potential....

I know which one has the greater upside :o))

amd the price is moving up nicely.