Member Info for rivaldo

Looks like good news. To get $33m for the 24.5% stake in Gama Signature reflect nicely against the now £36m m/cap.

WH Ireland interestingly say this morning that the disposal will be earnings-enhancing going forward.

And that's against their previous forecasts of 12.6c EPS for last year and 13c EPS this year.

Also anecdotally I've been reading that the coronavirus alert has strongly benefited private aviation, for obvious reasons.

WH Ireland conclude today:

"WHI view: We view this move as strategically very sensible for Gama given its
minority ownership in a business that we forecast would have generated EBIT of
$4m in FY 2020E for the group and that is set to bring in cash of c.80% of Gama’s
current market capitalisation over the next four years. The group retains its
higher margin US Ground business, which illustrated strong growth at the time of
the interims in September.

We will review our PBT/EPS expectations to take account of this transaction at the time of the FY 2019E full year results (WHI est.FY 2019E PBT $10.0m, EPS 12.6c, FY 2020E PBT $10.5m, EPS 13.0c), whilst noting that this transaction should give investors confidence in the underlying value across the wider group."

Continuing to bounce today. The P/E at 18.3p is now up to just 9.15 based on 2p EPS this year....

Good to see the company buying in 370,000 shares at 32p - should provide MWE with a nice bonus when they sell them on to the institutions:

Https://uk.advfn.com/stock-market/london/mti-wireless-edge-MWE/share-news/MTI-Wireless-Edge-Limited-Transaction-in-Own-Share/81892693

Allenby Capital have retained their 46p price target.

Their forecasts this year are 3.04p EPS (rising to 3.47p EPS next year), with a 2.5c dividend bringing in a 5.6% divi yield on a 34.5p share price.

They conclude:

"Outlook – FY20 has started well with contract wins announced in Distribution and Antennas. Macro trends that will support further growth include climate change and water shortages driving demand for Mottech’s water management system; increase in defence spending and MTI’s Indian offset manufacturing for military antennas; and the move by mobile operators towards 5G that is generating interest in MTI’s 5G backhaul antennas from large OEM suppliers. MTI will also continue to look at acquisition opportunities."

I'd have thought INSE should be one of the safest investments around in the current virus-affected market given their lack of exposure to the virus-affected supply chain.

And at 18.375p the P/E is now only just above 9 given 2p EPS forecast this year.

The shareholder list is worth noting - this list of major holders is rather impressive and now comprises almost 80% of the shares in issue!
Https://inspiredplc.co.uk/investors-shareholders/

Gresham House Asset Management 111,446,777 15.61%
Miton Asset Management Ltd 97,821,468 13.70%
Regent Gas Holdings Ltd 62,593,768 8.77%
Canaccord Genuity Wealth Management (Inst) 51,100,000 7.16%
Business Growth Fund 50,427,673 7.06%
Inspired Energy EBT 38,250,000 5.36%
Fidelity International 33,500,886 4.69%
Slater Investments Ltd 32,712,695 4.58%
Invesco 29,454,967 4.13%
Artemis 26,789,513 3.75%
Otus Capital Management 22,183,650 3.11%

Kisp57, thx re Graham Neary's comments. VLE have been tipped over the weekend by ************* - subscriber-only unfortunately, so if anyone has access....

Https://www.*************.com/views/47662/volvere-an-undeserved-discount-to-last-stated-nav-buy

"Volvere – an undeserved discount to last stated NAV, Buy!
Saturday 29 February 2020

September-announced half year results from self-styled “growth and turnaround investment company”, Volvere (VLE) included “net assets per share have reached a new record of £13.56 (30 June 2018: £6.75, 31 December 2018: £12.50)”. Despite this and clear further growth potential though, the shares are still available at a meaningful discount to that NAV and so…"

For reference, it's worth remembering that the m/cap here at 1125p is just £20.9m based on the 1.834m shares in issue.

I assume VLE's net cash position after the latest acquisition will be around £19m-£20m given Shire Food's H2 seasonal bias.

Which values Shire Foods, including its freehold property, at...not a lot.

As an aside, I'd have thought more people will be eating in, some with Shire Foods' meals, rather than going out to restaurants in the current virus panic (and given the recent rotten weather too!).

Huge markdowns and opportunities all over the market last week. But I fail to see how the virus impacts RNWH in any way, shape or form in a material way given the non-discretionary nature of its services and complete lack of reliance on the global supply chain.

That's the whole point of RNWH's strategy, i.e to eliminate cyclicality or vulnerability. There are profits to take here, and of course in a panic some have done so, but I'm holding mine.

As well as having no exposure to the virus, RNWH will also have had a nice boost just prior to the half year end due to all the storms and rotten weather recently with all the flooding and collateral damage.

For example, here's AMCO beginning work last week on a "major operation" to resolve a huge landslip on a rail line caused by Storm Ciara:

Https://www.cumnockchronicle.com/news/18262879.engineers-working-round-clock-fix-major-east-ayrshire-landslip/

Excellent 2019 results today, with 3.27c EPS. i.e around 2.6p EPS:

Https://uk.advfn.com/stock-market/london/mti-wireless-edge-MWE/share-news/MTI-Wireless-Edge-Limited-Final-results-for-2019/81879624

The outlook is very confident and looks positive in all three divisions, particularly water and antennas re 5G implementation.

No mention of the virus, so likely no material impact (as yet anyway). The confidence is reflected in the 33% dividend rise to 2c per share.

And against the £27m m/cap MWE have $7.7m net cash - way ahead of expectations - plus $2.7m of property as a nice secure buffer/asset backing.

The forecast for this year was 3.08p EPS, and I imagine this will be retained, making MWE pretty cheap to say the least at these levels.

BYOT are mentioned today in a Telegraph article entitled "These stocks could soar in a coronavirus pandemic". It's subscription access only, so this is all I can get:

Https://www.google.co.uk/search?q=byotrol&tbm=nws&source=lnt&tbs=sbd:1&sa=X&ved=0ahUKEwjGqPOw9fHnAhXXQ0EAHZk2CrEQpwUIHw&biw=1725&bih=947&dpr=1

"The share price of Byotrol, which makes antimicrobial sanitisers and wipes, has doubled since the start of 2020 to 3p. The company is also listed on the Aim ..."

Excellent news - a second European detergent customer for a new non-phosphate detergent:

Https://uk.advfn.com/stock-market/london/itaconix-ITX/share-news/Itaconix-PLC-Order-for-Sustainable-Detergent-Ingre/81832350

And a full RNS, so financially material for ITX.

Things are indeed developing nicely here for this still only £4.84m m/cap company.

Apparently (per a poster elsewhere) TST has just this afternoon been tipped by Hot Stock Rockets as a Buy.

Excellent news just out today - looks like a major deal brokered by INSE for the NHS Property Services. Hopefully more to come....

Https://www.edie.net/news/11/-A-landmark-moment---NHS-to-boost-renewable-energy-sourcing/

"'A landmark moment': NHS to boost renewable energy sourcing
14 February 2020

More than 11% of the NHS's estate will be switched to 100% renewable electricity this spring, under new energy deals signed by its Property Services arm.

NHS Property Services (NHSPS) is responsible for more than 3,500 buildings, including hospitals, health centres and GP surgeries. These properties collectively total more than 34 million square feet.

Under new contracts signed through Inspired Energy, all of these properties will be switched to 100% renewable electricity in April. The contract will also see a shift to lower-carbon natural gas for heating.

NHSPS claims the switch will reduce its annual direct (Scope 1) and power-related (Scope 2) carbon emissions by more than 40,000 tonnes.

etc"

As well as HS2, Boris has announced a series of other transport sector upgrades which will likely benefit RNWH.

Carnell are of course specialists in highways, and also work on cycleways, plus the Beeching upgrades strike me as perfect for RNWH in terms of opening up routes, tunnels etc already in existence:

Https://www.thetimes.co.uk/edition/news/johnson-sidelines-hs2-bosses-over-poor-management-bfz2v9bww

"The prime minister also announced other upgrades outside the capital designed to “level up” Britain. They include £1.5 billion for opening railway lines closed under the Beeching cuts of the 1960s, a £5 billion investment in bus and cycling upgrades and a number of road-building schemes. There will be improvements to the A1 north of Newcastle to the Scottish borders and a series of local upgrades in towns including Hartlepool and Cheadle."

Excellent news - I wasn't expecting as much as $2 million over 2 years from just this one deal. And sounds like more news flow to come. Encouraging stuff:

“The new polymer is generating a very rich pipeline of projects both in North America and Europe and we expect to be able to share some progress on that in the coming months”

hTTps://tinyurl.com/wtghqwm

Good to see the bid price up to 18p now. Hopefully this is now (finally and deservedly) the start of the re-rating. OPG are on a ridiculously low P/E given the forecast of 3.9p EPS for the year about to end and the rapidly reducing debt due to the excellent cash flows.

Here's what Robbie (aka Naked Trader) had to say about IMO yesterday afternoon:

"I bought some Imimobile (IMO) live at the seminar. This is a clouds communications and software company whose shares are on the rise. There is decent growth here and it's recently taken on some debt (not too big) after buying 3C Interactive for $43m.

Next trading statement is due early April - be interesting to see how the acquisition has been bedding in.

This company seems well managed and in a good place, if it carries on rising before the next statement I'll probably average up."

From Paul Hill of PMH Capital FYI:

Https://twitter.com/CapitalPmh/status/1227221870052806656

"I'm still 'long & strong' wrt all 3 of my conviction plays that were discussed on the webiare - #ACSO, #NBI & #TXT.

Indeed here are my latest estimates for @accessoTech with a valuation of >600p/share, but could quite easily see hit £10 in 2-3 years."

And:

"#ACSO. Investors of all shapes & sizes, understandably hate missing out when shares move higher. However in the case of @accessoTech, even after today’s >10% move, the stock at 490p still has plenty of gas left. Trading on 1.6x EV/sales vs 3.2x for AIM software companies."

More new highs. And news of a likely new student development in Bath:

Https://www.somersetlive.co.uk/news/somerset-news/bath-laundry-site-dates-back-3816017

for January, particularly:

Https://uk.advfn.com/stock-market/london/gan-GAN/share-news/GAN-PLC-January-2020-New-Jersey-Gaming-Growth/81756381

" - Internet Sports Wagering Gross Revenues(2) (after payouts) for the month of January were $46.7 million, compared to $15.5 million in January 2019, reflecting a year-over-year increase of 200.4%, and is further comparable to:
o $25.5 million for the month of December 2019;
o $27.8 million for the month of November 2019; and
o $38.7 million for the month of October 2019. "

Trying to move up again this afternoon....hopefully any sellers are now out.