Member Info for rivaldo

Up 3p to 94p mid-price now. Lots more to go imho with 11p EPS consensus forecast for this year.

I also note today's large acquisition by PTEC of Snaitech. Snaitech has revenue and EBITDA of �890 million and �136 million respectively: Https://www.investegate.co.uk/playtech-plc--ptec-/rns/proposed-acquisition-of-snaitech-s-p-a/201804120700056819K/ I assume that Sagi will get Snaitech to take on SCH's products pronto.

http://www.proactiveinvestors.co.uk/companies/news/194654/keywords-studios-has-the-firepower-to-continue-its-impressive-growth-rate-194654.html Nice comment from Berenberg from the article: "German bank Berenberg, which rates the shares a �buy� and has a price target of 2,060p, sees this trend as evidence that computer games publishers and developers are moving away from �tactical outsourcing� towards strategic arrangements with trusted partners. �Keywords also indicated it is seeing some benefits from the rapidly growing eSports market, mostly through the provision of its services for game development and in-game support, but also via marketing and communications management of the events themselves. Keywords highlights that it is continuing to seek out ways to leverage the growth in eSports further,� Berenberg observed."

"Ideagen makes smart US move with Medforce deal First acquisition Stateside provides platform for faster growth RED TAPE AND compliance software supplier Ideagen (IDEA:AIM) has made its first acquisition in the US. We believe this is a significant stepping stone that could realise substantial value for the company and shareholders. New York-based Medforce provides productivity and legal compliance solutions that help streamline processes for healthcare organisations and prepare them for auditing. Healthcare is one of the most highly regulated industries in the world. Ideagen is paying $8.7m for Medforce, or about �6.1m at current exchange rates. There are several things to like about the purchase. First, it gives Ideagen a firm base across the pond. About half of new business currently being won by the company is in the US. Medforce is also profitable, chalking-up about �0.7m of earnings before interest, tax, depreciation and amortisation (EBITDA) on rough �3.4m revenue in 2017. A high proportion of those revenues are recurring in nature, 82% according to Ideagen. Paid out of cash and debt facilities, that means no new shares are being issued so there is zero dilution to existing Ideagen shareholders. While analysts raised forecasts for the full year to 30 April 2019 to �11.4m of pre-tax profit on �42.8m revenue, we believe there is scope to outstrip those estimates. SHARES SAYS:  Ideagen remains a high quality business that deserves its premium 2019 price to earnings multiple of 24.1"

More expansion news not posted here before, this time in Bangalore, following the recent opening of the additional UK facility in Surrey: Http://www.carclo-ctp.co.uk/media-centre/press-releases/23-03-2018.aspx "Bangalore facility expansion 23 Mar 2018 LONDON, 23 March 2018. Carclo Technical Plastics Ltd (CTP) announces that it has expanded its manufacturing facility in Doddaballapur near Bangalore, India, enabling it to continue serving existing customers in the electronics industry and target the growing local medical market. CTP�s facility is accredited to ISO 9001 (ISO13485 pending) and has a capacity for approximately 40 injection moulding machines plus assembly capability. Key to the expansion is a new medical hall, equipped with state-of-the-art, all-electric injection moulding machines from leading supplier Fanuc. CTP has invested in new manufacturing space, injection moulding machines, ancillaries and specialist staff in Bangalore as it targets medical customers in the region. The expansion also provides significant scope for growth. CTP India Managing Director Gary Allan stated �Carclo Technical Plastics was initially established in Bangalore in 2007 with support from Suprajit Engineering, a long term partner of Carclo. This was followed by construction of a new, purpose-built operation in the same location in 2010. The business has built a strong reputation for high quality, reliable supply and customer service. CTP�s global facilities have long been involved in manufacture of disposable diagnostic and delivery devices and we are delighted to be expanding our facility in Bangalore and targeting medical plastic component opportunities in India.� Carclo Technical Plastics, www.carclo-ctp.co.uk, is the largest division within Carclo plc with manufacturing operations in the UK, East and West USA, Czech Republic, India and China. The business increasingly adds value to its customers by assembling and packaging finished devices for the medical, pharmaceutical, diagnostic and ophthalmic sectors. Typical products include drug delivery devices such as injection devices and asthma inhalers and diagnostic consumables such as pipette tips, reagent packs and Point-of-Care cartridges."

Https://www.safecharge.com/press-releases/blue-panorama-airlines-takes-off-safecharges-payments-technology/ "April 11, 2018 Blue Panorama Airlines takes off with SafeCharge�s Payments technology SafeCharge (AIM: SCH), a leading payments technology company, has been selected as a new payment partner by Blue Panorama Airlines, an Italian based airline fully-owned by The Uvet Group. SafeCharge�s Payments Engine is an end-to-end platform providing a smart and direct connection to Visa and MasterCard. For airlines, this all-in-one service is particularly attractive as it enables the implementation of automated payment routing logic, access to detailed data insights and optimal payments success. Blue Panorama Airlines provides both domestic and international flights to more than one and a half million customers, specialising in flights between Italy and Europe, Africa and the Caribbean, both to tour operators and direct to customers. It also offers low-cost short haul flights through its Blue-Express brand. One of the challenges the airline faced was the ability to accept payments across multiple channels. SafeCharge addresses this challenge by providing cross-channel payment processing to customers that purchase flights through various channels such as travel agencies, via the website, and through dedicated call centres. Fraud protection was another key focus area for Blue Panorama Airlines. Fraud checking is a very important component of a successful payment strategy since airlines and other travel providers carry the risk of large transactions over a considerable time period. SafeCharge�s fraud prevention solution supports specific needs and configurations for the airline industry. High risk transactions are redirected to SafeCharge�s Dynamic 3D Secure solution for additional checks. SafeCharge�s dedicated risk management team collaborates closely with Blue Panorama Airlines to continuously improve screening rules and assist in manual reviews directly or via the SafeCharge Merchant Risk Support Interface.... ....SafeCharge is already working with El Al Airlines and several other OTAs globally. The company is rapidly expanding in the travel sector, bringing customised cross-channel payment processing and risk management offerings to the industry. etc"

Tipped by Simon Thompson in the IC: "Watkin Jones (WJG:190p), a construction company specialising in purpose-built student and private rented sector (PRS) accommodation, has issued a robust pre-close trading updated ahead of its half-year results on Tuesday 22 May 2018. The company has a pipeline in excess of 9,800 student beds, of which 88 per cent have planning consent. All 3,415 beds scheduled for delivery in the 12 months to the end of September 2018 have been forward sold, which underpins Peel Hunt�s forecast that revenues will rise by 15 per cent to �345m and boost pre-tax profit by 9 per cent to �47.8m in the period. On that basis, expect EPS of 15.2p and a 10 per cent hike in the dividend per share to 7.3p. Importantly, the pipeline is equally robust as Watkin Jones has already forward sold all 2,675 beds at five of the seven schemes in development for delivery ahead of the start of the 2019 academic year. It�s also actively marketing a number of schemes to institutional investors for delivery ahead of the 2020 and 2021 academic years, and reports strong demand, adding weight to analysts� forecasts of a further ramp up in revenue to �413m in 2019 and �478m in 2020. The company is developing five build-to-rent residential sites, too, another lucrative source of income. On that basis, analysts at Equity Development and Peel Hunt expect EPS and dividends per share to increase to around 16p and 8p, respectively, in the 2019 financial year, rising to 17.6p and 8.6p the year after. True, the shares have drifted slightly since I last advised buying at 207.5p ('Six small-cap plays', 22 Jan 2018), having first recommended buying at 103p when the company floated on Aim ('A profitable education', 3 Apr 2016). One reason for the pullback is because chief executive Mark Watkin Jones sold 1.5 per cent of the shares in issue at 195p in early March and is stepping down from his position, as I flagged up in January. However, the share sale was only made to facilitate the financial settlement of his divorce and the Watkin Jones Family still retain a hefty 27.6 per cent stake, aligning their interests with those of outside shareholders. Moreover, the shares offer a prospective dividend yield of 4.3 per cent for the 2019 financial year and are only rated on 10 times cash-adjusted forward earnings after stripping out a burgeoning cash pile that could be worth 25p a share by September. A trading buy."

Just sayin' :o))

Bouncing today after a ridiculous fall over the last few days. The only reason I can see for this crazy recent markdown is a supposed commonality with AIR in the same sector, given that AIR has lost 40% of its m/cap after a dodgy RNS . Which is ridiculous, as AIR are largely dependent on charter revenues and have had internal accounting problems, whilst GMAA have high recurring and non-discretionary revenues and much lower cyclical charter revenues. Plus piggybacking on the likes of Wheels Up for growth. C'est la vie - that's what makes a market. I assume some PIs have also been stopped out by now, thus exacerbating the fall. GMAA can rise just as quickly as it falls. With stable markets it should return to 250p-260p as quickly as it fell. The results just out on 19th March had a very confident outlook: Https://www.investegate.co.uk/gama-aviation-plc--gmaa-/rns/final-results-for-the-year-ended-31-december-2017/201803190700040594I/ "Outlook Based on our performance to date and contract visibility, the Board is confident in the strength of the Group's operations and believes the Group is well placed to deliver its strategic objectives and achieve its expectations for the current year."

Up again in the afternoon yesterday for a second day in a row - that's a 27.5p rise in 2 days. Interesting to see if it happens again this afternoon, which would strongly suggest American buying.

Looks like PTSG are really getting noticed now, what with the SCSW tip on the weekend as well. Here's the start of Questor's tip: Https://www.telegraph.co.uk/investing/shares/telegraph-questor-share-tip-buy-ptsg/ "Questor: loyal customers, essential products, strong growth and proven managers � buy PTSG 11 April 2018 � 7:39am �Things are shifting underneath the market�s feet. At times like this you want to own stocks that are not affected by any of it.� This is the view of one smaller companies investor, who was referring to concerns over such developments as the �trade war� between America and China and the recent sell-off among the giant technology stocks. �We want stocks that are not subject to sidewinds from things we can�t control,� added the investor, David Stevenson of Amati Global Investors. �One example is Premier Technical Services Group (PTSG), which we hold in our UK Smaller Companies fund.� The firm provides essential specialist building services such as installing and maintaining fire extinguishers and..."

Peel Hunt retain their Buy and 130p target for CAR - 45% upside from here: http://investing.thisismoney.co.uk/broker-views/index/date/10-04-2018 CAR have now definitively stated that their results for last year will be in line with expectations. I note that Peel Hunt have retained their forecasts of historic 8.95p EPS, with 10.92p EPS forecast for this year - a P/E of only 8. Peel Hunt also have the dividend being reinstated at 2p. Incidentally, that would imply CAR achieved 4.45p EPS in the last H2 despite the order delays etc. Which bodes rather well for the current year. In addition, Peel Hunt's forecast is the lowest in the market - for example, Edison go for 11.2p EPS, Finncap 11.1p EPS and Equity Development 11.4p EPS.

Http://www.thebangoraye.com/planning-approved-former-bangor-nightclub/ "Planning approved for former Bangor nightclub and more student accommodation Posted by The Bangor Aye | Apr 9, 2018 | Student Accommodation Planning permission has also been extended for the development of a 36 bed student accommodation by Watkin Jones Group, at the former Victoria Building Land, at Plas Llwyd Terrace, Bangor. The site is located within 100m of Bangor High Street and the City centre; the former Victoria Buildings is located in an elevated position at the top end of Plas Llwyd Terrace, which contains a Gwynedd Council owned and managed public car park which is located directly to the front of the site. All buildings on the site were demolished several years ago and the site is currently vacant, planning for the development was originally approved in 2013 but has now been extended for a further 5 years until 2023."

http://www.ptsg.co.uk/news/ptsg-awarded-new-heathrow-contract/ "PTSG AWARDED NEW HEATHROW CONTRACT Premier Technical Services Group PLC (PTSG) has been awarded a contract to carry out a range of tests at London Heathrow Airport. PTSG�s fall arrest teams will provide testing and inspection services at Terminal 2 of the UK�s premier international airport. Skilled operatives from the company�s Access and Safety division will carry out work to test anchor points for systems that ensure the safety of those working at height and undertaking maintenance work at the airport. A statutory inspection of anchor points at T2�s Plaza Premium Lounge will also be undertaken. The work will provide optimal safety for Heathrow�s people and will be carried out to avoid any interruption of the day-to-day operations at this busy terminal. PTSG�s fall arrest teams have provided testing and inspection services with MITIE at Heathrow Airport for over three years. PTSG has designed and installed innovative mansafe systems at the airport and access solutions provided by the company are helping to maintain the airport�s leading worldwide status."

Https://www.investorschronicle.co.uk/tips-ideas/2018/04/10/ideagen-makes-its-first-us-acquisition/ "Ideagen (IDEA) has bought Medforce Technologies � a healthcare software business � for $8.7m (�6.2m). This marks the information management software supplier�s first US acquisition, and will be funded with cash and existing debt facilities. Medforce has all the hallmarks of an astute acquisition. It is growing, profitable and cash generative. Sales for the year to December 2017 of $4.7m comprised more than 80 per cent recurring revenues, while cash profits and post-tax profits were $1m before $400,000 of non-recurring costs. Its �Center� platform is used by more than 300 US-based healthcare customers. All being well, the business should enhance Ideagen�s earnings for the year to April 2019. Ideagen is an acquisitive company: it made four purchases last financial year. We learnt within the recent half-year results that these have integrated to plan, boding well for Medforce�s performance under new ownership. IC View Medforce should bring further growth in the US, while boosting Ideagen�s recurring sales. At 116p, the shares now trade at a demanding 28 times finnCap�s forecast adjusted EPS of 4.2p for the 2018 financial year. But they are also up 43 per cent on our buy tip, and we don�t expect this acceleration to tail off. Buy."

Richard Sneller must be pretty sick this morning. Though I assume he was one of the major shareholders whose feedback led to all this. I also find the closure of the Indian operations ridiculous, having wasted so much time and effort getting them up and running supposedly satisfactorily. I can't believe there's too much downside now after this morning's markdown, and also given that the share price declined markedly recently anyway in advance of this news, but then the markets often overdoes things. The company are telling us that good news is due soon re (1) Allersys and (2) CD4. Let's see management delivering on these promises soon for a change.

www.proactiveinvestors.co.uk/companies/news/194618/keywords-studios-up-sharply-after-berenberg-increases-price-target-194618.html "Keywords Studios up sharply after Berenberg increases price target Berenberg has raised its target price for Keywords Studios PLC (LON:KWS) following the two acquisitions announced by the provider of computer game development services. The acquisitions, both of which were focused on beefing up Keywords� audio services capability, should enhance earnings, prompting upgrades of 1-3% in Berenberg�s forecasts for fiscal 2018-20 and a 20p increase in the target price to 2,060p. Management has previously indicated it aims to make six small bolt-on acquisitions each year and one or two larger purchases, so �further material accretive M&A is inevitable�, in Berenberg�s view. �We maintain our FY18/19 organic growth forecasts of 12.5%/10%, but acknowledge that if current momentum is sustained that is likely to prove conservative,� Berenberg said. Warming to its theme, the bank noted that the number of clients using three or more of Keywords� services increased to 93 in 2017 from 64 in 2016 and 51 in 2015. It sees this as evidence that computer games publishers and developers are moving away from �tactical outsourcing� towards strategic arrangements with trusted partners. �Keywords also indicated it is seeing some benefits from the rapidly growing eSports market, mostly through the provision of its services for game development and in-game support, but also via marketing and communications management of the events themselves. Keywords highlights that it is continuing to seek out ways to leverage the growth in eSports further,� Berenberg observed. Shares in Keywords were up 7.2% to 1,736p on Tuesday Morning, still more than �3 below Berenberg�s price target, which is based on a discounted cash flow model that does not take into account future acquisitions. And Peel Hunt reiterate their 1850p target this morning: Http://investing.thisismoney.co.uk/broker-views/

More international expansion for Six Flags, this time into Saudi Arabia - should be good for ACSO: Https://finance.yahoo.com/news/international-expansion-continues-six-flags-210000588.html "International Expansion Continues with Six Flags-Branded Park in Saudi Arabia GRAND PRAIRIE, Texas--(BUSINESS WIRE)-- Six Flags Entertainment Corporation (SIX), the world�s largest regional theme park company, and the Public Investment Fund (PIF), Saudi Arabia�s sovereign wealth fund, today announced plans to develop a Six Flags-branded theme park in the city of Riyadh. etc"

Very nice move on low volumes - evidently not much stock available.

Great article in SCSW this weekend. In particular. they're "already" talking to "15-20" targets, so more acquisitions are likely soon.