Member Info for rivaldo

More news stories on PTSG's site, of which this is the standout with a link-up with McCarthy & Stone:

Http://www.ptsg.co.uk/news/electrical-services/ptsg-strengthens-partnership-mccarthy-stone/

"PTSG strengthens partnership with McCarthy & Stone

"Premier Technical Services Group PLC’s (PTSG) Electrical Services division has started work to carry out a series of lightning protection installations on McCarthy & Stone properties across Essex.

The Group’s expert teams will install lightning protection systems at new retirement apartments across the county, ensuring that their future residents will be protected from lightning strikes.

Works have already been completed at homes in Loughton, with further work to be carried out in Chelmsford and Colchester in the coming months. Over the last few years the Group has provided protection at hundreds of other sites in McCarthy & Stone’s portfolio."

Firstly:

Https://www.gamaaviation.com/news/maintenance-news/gama-aviation-strikes-maintenance-support-deal-fontainebleau-aviations-opa-locka-fbo/

"5th Sep 2018

Gama Aviation strikes maintenance support deal with Fontainebleau Aviation’s Opa Locka FBO.
Opa Locka is added to US coast-to-coast AOG and line support network.

Opa Locka, 5th August – Gama Aviation, the global business aviation services company, is pleased to announce a commercial agreement between its Gama Aviation (Engineering) Inc. and Fontainebleau Aviation’s FBO at Opa Locka (KOPF).

The agreement sees the integration of the Precision Aircraft Maintenance team (owned by Fontainebleau Aviation) into Gama Aviation’s comprehensive US maintenance network. Opa Locka, when combined with Gama Aviation’s existing facility at Palm Beach International, mobile units at St Petersberg and St Augustine, provides Floridian aircraft owners and transient winter clients a compelling, cross state, maintenance support offer.

Dennis Richey, President, US Ground commented: “These are exciting times in our development as we build a network that offers our clients a local touch in high volume locations. Opa Locka is an important addition in Florida with its strong heritage in supporting Citation, Bombardier, Gulfstream and Dassault products. By combining a passionate, highly experienced local team with resources from our base at Palm Beach International, we’ll be able to offer our own clients, those of the FBO and other transient / resident aircraft, a wider range of AOG, line and base maintenance support from this world-class facility.”

Bobby Courtney, VP of Aviation, Fontainebleau Aviation commented: “...we wanted a maintenance partner with a similar passion, which led us directly to Gama Aviation. With them, not only do we meet our goal at the FBO, we also extend our service beyond, providing our clients with maintenance support continuity across the US and internationally....”

And:

"5th Sep 2018

Gama Aviation adds Cessna Citation XLS+ to its European fleet

Jersey, Channel Islands, 5th Septembert 2018 – Gama Aviation, the global business aviation services company, is pleased to announce it has won an aircraft management contract for a brand-new Jersey based Cessna Citation XLS aircraft. The aircraft, will become the newest of three Citation XLS aircraft based on the Island.

Mark Gascoigne, Managing Director, Europe Air commented: “We are thrilled to continue the growth of the fleet in Europe with two good wins of late. The Citation XLS+ is a great addition to Jersey and with excellent charter availability we are expecting high demand for this well-appointed aircraft”.

The new Citation XLS+, comes after a series of recent wins for Gama Aviation with the Group having added a Bombardier Global 5000, a Bombardier Global 5000, a Gulfstream G650ER and two light jets to its global fleet over the last two months."

Hybridan today reiterate their forecasts of 2.15p EPS rising to 2.56p EPS.

They say PEG "count the majority of the world’s largest rolling stock suppliers as its customers. This time round, the Company has landed another meaningful order from Siemens on their contract for the Turkish State Railway."

And "Petards continues to benefit from a robust long-term order book and we believe that in the context of growing infrastructure investment, Petards’ management team has the commercial and strategic know how to further accelerate revenue and earnings growth."

Another large contract win, this time for £1.1m, securing further revenues for 2019 and 2020.

Great to see the continuing business for Siemens, but also that it's overseas business for the Turkish State Railway....imagine the impact when PEG continue to win further business around the world:

Https://www.investegate.co.uk/petards-group-plc--peg-/rns/contract-award/201809120700034716A/

I've bought a few more here on the dip. Marked down on relatively small volumes in a quiet market, yet PTSG will report good H1 numbers in just 2 weeks on 25/9 given the trading statement:

Https://www.investegate.co.uk/premier-technical--ptsg-/rns/trading-update-and-notice-of-results/201808080700021165X/

""As stated at the AGM trading update in June, the Group has seen a continued strong performance in the first half of the year, driven by a marked increase in compliance and testing work, with high activity levels across all divisions.

"Our contract renewal rates remain high and a number of new and significant contracts have been won during the first half of the year across our range of services, including The Department of Work and Pensions with Interserve, FirstPort, and the Ministry of Justice's new facilities management company, Government Facilities Services Ltd. The majority of these contracts range from three to five years, and range in value from £500,000 to £1m per annum, which, in addition to the existing customer base, provides excellent revenue visibility over the medium term and reinforces the Board's confidence in our organic growth plans.

"The three acquisitions completed last year have been successfully integrated and are making significant contributions to the Group. Acquisitions remain a core element of our growth strategy, and at the beginning of the second half we acquired M&P Fire Protection Ltd., to further strengthen our Fire Solutions division after a period of unprecedented demand in this area. The business is performing in line with expectations and has strengthened our presence in London and the South East.

"Trading momentum has continued into the first few weeks of the second half with high levels of demand from new and existing customers for essential building services, with a particular focus on regulatory compliance and testing work. As a result, the Board remains confident of delivering full year expectations and in the significant long-term growth opportunity for PTSG."

Peel Hunt reiterate their Buy and 25p price target after today's small acquisition of PCMG:

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

Given their size it's pretty impressive that PCMG have saved their clients £100m over the last 18 months:

https://www.investegate.co.uk/inspired-energy-plc--inse-/rns/acquisition-of-professional-cost-management-group/201809110700183389A/

Richard Sneller now has 25.43m shares, so has probably invested around £3.5m-£4m in ODX. He must be pretty convinced to tie up such a large amount in a £19m m/cap microcap!

From the Times market report:

https://www.thetimes.co.uk/edition/business/rival-s-price-cut-leads-to-an-undignified-decline-rzmcfsbrn

'Gan, an online gaming software provider, said that it had launched internet sports betting in New Jersey for Paddy Power Betfair’s Fanduel Group. Gan estimates that the operator’s net revenue from the state could be $150 million in its first year. Gan shares rose 5½p to 66½p.'

Good to see a £37,000 buy at 200p and a move up to start the week.

Newly tipped in the IC as follows:

"Somero Enterprises (SOM) had already disclosed that four of its six geographies enjoyed growth during the half year to June – up from three geographies 12 months earlier. But the official interim numbers helped flesh out the details – revealing particularly strong contributions from the high-tech, concrete-levelling specialist’s dominant regions: North America and Europe.

Indeed, these grew by 7 per cent to $30.5m (£23.7m) and 24 per cent to $6.7m respectively. North America’s momentum was underpinned by strong sales of boomed screeds and ride-on screeds. Optimism about this market isn’t without foundation: non-residential construction activity was solid, and customers’ project backlogs "extend well into 2019". Meanwhile, Somero sold equipment across 14 European countries, with the UK, Germany and France among the top contributors.
Sales in China fell 7.4 per cent to $2.5m, following a 14 per cent dip here at the full-year stage. But the group has launched sales and marketing initiatives there and employed a China national sales director.

The shares’ decent mark-up on results day was no doubt supported by a doubling in Somero’s dividend. While this might reflect management's confidence in the future strategy, it also stems from the decision to pay out a greater proportion of the full-year dividend at the interim stage, entailing a one-off rebasing.
Broker FinnCap forecasts adjusted pre-tax profits of $27.7m and EPS of 37.7¢ for 2018 ($26.2m and 36.5¢ in 2017).

IC View

The shares are up 48 per cent on our tip (279p, 28 Dec 2017), but still trade on 14 times adjusted forecast earnings, which seems undemanding for the growth and income on offer. Buy."

Excellent news this morning:

https://www.investegate.co.uk/gan-plc--gan-/rns/sports-betting-now-online-in-new-jersey/201809100700072312A/

The share price has reacted well.

Excellent - WJG's 345 bed student scheme in Bristol has been recommended for approval:

Https://www.insidermedia.com/insider/southwest/345-bed-student-development-poised-for-approval

"345-bed student development poised for approval
5 Sep 2018

A 345-bed student development on the site of a dance studio and car park in Bristol has been recommended for approval.

The project, which comes from listed property developer Watkin Jones, also includes the refurbishment of a grade II-listed Georgian townhouse.

If approved, the development would be up to six storeys high with solar panels on roofs, and two commercial units on the development's ground floor.

The report to be considered by the committee reads: "The proposals would consist of three development blocks, fronting Wilder Street, Upper York Street and Backfields, with a central courtyard for use by the student occupiers.

"The blocks would range from between six and three storeys in height, with the lowest parts of the new buildings either side of the listed building and within the Conservation Area.

etc"

Firstly for testing at over 100 sites for a multinational logistics company:

Http://www.ptsg.co.uk/news/electrical-services/ptsg-goes-full-steam-ahead-kuehne-nagel/

"PTSG goes full steam ahead with Kuehne + Nagel

Premier Technical Services Group PLC’s (PTSG) Electrical Services division has won a nationwide contract with Kuehne + Nagel, a global transport and logistics company based in Switzerland....

....PTSG’s Electrical Services division will deliver both fixed wire testing and portable appliance testing (PAT) on all of the company’s distribution centres across the UK, visiting over 100 sites in total. From 1st October, engineers will carry out regular tests to ensure that all electricals and appliances are safe to use, ensuring the safety of both staff and visitors."

Secondly, for a variety of services at 400 council properties for Vertas Group:

Http://www.ptsg.co.uk/news/access-safety/ptsg-secures-multi-service-contract-vertas/

"PTSG secures multi-service contract with Vertas

Premier Technical Services Group PLC (PTSG) has secured a county-wide, multidisciplinary contract with Vertas Group Limited in Suffolk.

Vertas is a Suffolk County Council-owned company that manages around 400 council properties across the county, including schools, offices and public buildings.

Highly trained engineers from across PTSG’s four divisions will attend these sites to provide lightning protection and fall arrest works, chimney inspections, fixed wire testing and portable appliance testing."

Newly tipped here:

Https://www.fool.co.uk/investing/2018/09/04/forget-sse-id-follow-mark-slater-and-buy-this-growth-and-dividend-star/

"An energy firm minus the hassle of owning energy assets

Rather than betting on SSE and having your capital tied to the nuts and bolts of producing energy we can instead invest in a firm that skims a profit from energy use without risking capital on producing the stuff. I reckon energy procurement consultant Inspired Energy (LSE: INSE) fits the bill nicely because it acts like an agent connecting suppliers with customers. Well-known fund manager Mark Slater has a chunk of his fund’s capital in the stock, which is encouraging because he has a decent track record in investing.

Today’s half-year results are good. Revenue came in 33% higher than the equivalent period last year, cash from operations shot up 43% and adjusted diluted earnings per share moved 13% higher. The directors pushed up the interim dividend 19%, which I take as a message that they are confident in the outlook. Reading through today’s report, I get the strong impression that the management team is going for growth in a determined way. So far, financial progress has been achieved both organically and via an acquisition strategy and both methods look set to continue.

The current share price around 20.65p leads to a forward price-to-earnings rating for 2019 of just over 12 and the forward dividend yield runs around 3.5%. I think the valuation is undemanding and the stock looks attractive given the firm’s growth potential."

A reminder that Hybridan's latest forecasts give rise to a forward P/E of just 9.3:

this year - 2.15p EPS, with £1.2m net cash
next year - 2.56p EPS, with £2.4m net cash

Interesting detail here about the recent acquisition - lots of recurring income for example:

Https://www.insidermedia.com/insider/southeast/consultancy-expands-on-role-in-petards-deal

"Consultancy expands on role in Petards deal
6 Sep 2018

A Southampton-based consultancy has detailed its involvement in an acquisition made by Petards Group, an AIM-quoted developer of advanced security and surveillance systems.

Jamie Lane, based in transaction services at Smith & Williamson, which provides accountancy, investment and tax advisory services, was appointed by Petards followed a tender for due diligence.

RTS Solutions (UK) and its parent company RTS Solutions (Holdings) (together RTS), a specialist transportation software engineering company, joined Petards following Smith & Williamson's review of the financial aspects of the target business.

Lane, who works at Smith & Williamson's South Coast office, said: "Following a competitive tender, our remit was to look at RTS' financial performance and its assets and any liabilities, providing proactive support to Petards through to completion.

"RTS figures showed it was profitable and debt-free, with a history of excellent cash generation. More than half of revenues related to recurring software licences, maintenance and support contracts, which provided further trading confidence.

"Speaking generally, it is essential in any due diligence work that nothing falls through the cracks, so the potential acquirer is confident of the target’s future prospects and past performance."

Leeds-based RTS provides web-based safety-critical applications in real time to customers involved in operational, engineering and maintenance programmes. Its principal customers are currently Network Rail, which owns and operates the railway infrastructure in England, Wales and Scotland, and Network Rail’s major contractors.

Petards' eyeTrain provides digital on-train surveillance and helps maximise safety and performance for train-operating companies and train builders."

Newly tipped here - the share price should now go on to fresh highs imo given the confidence going forward:

Https://www.fool.co.uk/investing/2018/09/05/these-small-cap-big-dividend-stocks-still-look-great-value/

"Since I first became bullish on the stock back in November 2016, laser-guided equipment manufacturer Somero Enterprises (LSE: SOM) has done very well, up 70% in value at yesterday’s close.

When something rises this much this quickly, it’s easy to assume that it’s now become too expensive and/or that dividends would be fairly meagre. With Somero, this simply isn’t the case.

Before this morning, you could pick up the shares for a decent 13 times forecast earnings. These very same shares were also predicted to yield a little more than 4.8%. While today’s “in line with expectations” interim results for the six month to the end of June — and the market’s overwhelmingly positive reaction to them — mean the stock is now more expensive, I think Somero looks a great buy for most small-cap enthusiasts.

The US and Europe continue to prove fruitful for the company with sales growth of 7% and 24% respectively contributing to a 6% rise in revenue (to $45m) compared to over the same period in 2017. While these territories represent 83% of total revenues, it’s encouraging to learn that Somero saw “balanced growth” across its footprint and product categories. Pre-tax profit increased by 13% to $13.6m.

In addition to reflecting on how new products were expected to support Somero’s long-term growth ambitions, CEO Jack Cooney stated that current market conditions and momentum in its business should translate to “another successful year of growth” for the company.

And those dividends? Today, the company saw fit to double – yes, double – its interim payout to $0.055 per share. While its connection to the construction industry means that the share price certainly isn’t immune to political and economic shocks, this kind of confidence on the part of management is hard to ignore.

Growing profits, solid finances (net cash increased 13% to £20.7m by the end of the reporting period) and a fast-rising dividend — I remain a fan."

Yep - great finish, with new highs and lots of small AT (institutional) trade buying at prices up to 432.5p.

New all-time highs tonight, and a great close with a £29,500 buy at 2950p.

Nice tick up at the close, and looking healthy chart-wise overtaking the March highs. Hopefully back to the all-time 24p highs soon.

Buying at 422.5p and new highs.....