Member Info for rivaldo

Well, well....an encouraging trading update :o)) �400k PAT for last year is pretty decent value against the �4.3m m/cap. And TST will have made �267k PAT in H2, up from �133k in H1. Average that for this year and add a little growth, and you're looking at say �600k-�700k PAT for 2018. Then there's (a) NovoStar rolling out its front and back office solution across airlines and (b) a completely new product in EPOD also being roled out from Jan 2nd, crucially in conjunction with a partner, React Transport. Pleasing stuff: Https://www.investegate.co.uk/touchstar-plc--tst-/rns/trading-update/201801080700031567B/

The Telegraph's tip for SOM finally appeared in this Saturday's print edition of the Telegraph, so hopefully that will attract some further buying interest this week.

Interesting article about IDEA and "digital transformation" - the "Fourth Industrial Revolution" Https://www.ideagen.com/resources/blog/blogs-by-hannah-waugh/digitalisation-industry-40-in-manufacturing/ "05 January 2018 Digitalisation & Industry 4.0 in Manufacturing By Hannah Waugh Manufacturers are experiencing a period of drastic change as digital transformation rises throughout the sector as part of what is called Industry 4.0 or the Forth Industrial Revolution. This digitalisation trend adds pressures to traditional businesses, but also offers exceptional opportunities that will optimise production and increase efficiency. These changes revolutionise activities, processes, competencies and models through a mix of digital technologies with an accelerating impact across not only businesses, but across society and cultures. Sparked by a shift in new demands from customers, Industry 4.0 is the name for the current trend of automation and new technologies in the manufacturing sector. The revolution brings changes in all areas of life and existing business models. For example, is it just me who has Amazon�s Echo Dot - �Alexa� - carry out mundane tasks such as turning on music or making phone calls out of sheer laziness and convenience? This is an example of the shift and a starting point for automisation and its effect on society and the way we all operate. etc"

Some stand-outs: - the CEO predicts �200m revenues for last year in the article. The latest forecast I can see from Finncap's 14th December note for 2017 is �149.5m! - he targets �300m revenues rising long-term to �1 billion - he expects 4-10 acquisitions a year - the last share placing was 3 times oversubscribed.....indicating KWS has an extremely supportive shareholder base for the future Https://www.thetimes.co.uk/article/keywords-in-hunt-for-more-players-to-join-gaming-ranks-c9w0jbdn2 "A �75m share placing to fund the VMC deal was �hugely oversubscribed�, he said. �We could have raised three times as much. We have very supportive shareholders and we can access bigger quantities of capital for ma

Some stand-outs: - the CEO predicts �200m revenues for last year in the article. The latest forecast I can see from Finncap's 14th December note for 2017 is �149.5m! - he targets �300m revenues rising long-term to �1 billion - he expects 4-10 acquisitions a year - the last share placing was 3 times oversubscribed.....indicating KWS has an extremely supportive shareholder base for the future Https://www.thetimes.co.uk/article/keywords-in-hunt-for-more-players-to-join-gaming-ranks-c9w0jbdn2 "Keywords in hunt for more players to join gaming ranks Dublin firm out to boost Irish workforce amid expansion plans in Asian market Keywords Studios, a Dublin company that counts the world�s biggest video game makers among its clients, is boosting its Irish workforce to almost 350 people and predicting further expansion. The AIM-listed company has taken extra space at its head office building in Leopardstown, south Dublin, and is looking to add 40 people to its ranks. Andrew Day, chief executive of Keywords, said the extra staff were being hired for a mix of new and existing projects. �We continue to grow year-on-year in Dublin,� said Day. �It is still a fantastic location for us, being in the EU and being English-speaking.� Keywords started in Dublin in 1998 as a translation business for tech clients including Microsoft and Sony. Day became chief executive in 2009 and focused the company on providing services to games companies, including game testing, art work, localisation and customer support. Day said the market for outsourced services to games companies was worth about $2.5bn (�2.1bn) but was very fragmented between small service providers. Keywords has established itself as a consolidator, completing 25 acquisitions since its stock market listing in 2013. It paid $27m last month for Sperasoft, a game design and development company with 400 staff in America, Russia and Poland. Day said Sperasoft worked with �the very largest game developers in the world� and had revenues of $20m. Keywords also bought a Mexican voice-over company, Lola, for $1m in December. Last October, Keywords made its largest acquisition, paying $66.4m for rival VMC in the US and Canada. The company now employs more than 5,000 people in 18 countries and should report revenues of almost �200m for 2017, according to Day. He is targeting �300m revenues by 2019 and believes Keywords can grow to be a �1bn revenue business in the long term. �This business could be a multiple of itself,� he said. �There is so much opportunity out there.� The Keywords share price has reflected the expansion, rising from �5 at the start of last year to more than �16, valuing the company at �1bn (�1.13bn). Day said the shares gave the company useful currency for doing more acquisitions."

Good to see 300p up again. Here's more on that initiation of coverage by Bryan Garnier: https://translate.google.co.uk/translate?hl=en&sl=fr&u=https://votreargent.lexpress.fr/bourse/safecharge-bryan-garnier-initie-a-acheter_1973045.html&prev=search "SafeCharge: Bryan Garnier introduces to 'buy' Bryan Garnier initiates the coverage of SafeCharge, an English software company that evolves in the field of payments, with a 'buy' recommendation and an intrinsic value ('fair value') of 354 pence, which implies a potential upside of 20% . 'We are playing out the end of the transition period (redesign of the client portfolio) and the beginning of an expansion phase (non-gambling diversification, search for acquisitions)', explains the financial intermediary. The broker believes that with less risky traders, a change in size and more liquidity, the value will return to the radar of more investors. He sees SafeCharge as a budding 'Wirecard'. "

The huge Trump corporate tax cuts now passed in the USA will have a big beneficial effect for ACSO. ACSO currently provide for US taxes at 40%, which will presumably now reduce to 21%. The overseas tax charge for 2016 was $1.43m (I'd assume mostly US tax), so it's likely that ACSO will benefit by say some $600,000 per annum, and obviously more as time goes on as profits will have risen sharply in 2017 and thereon.

Qd22, no, target prices don't have a standard timeframe, it's generally as the analyst sees the present value at the time, though sometimes I've seen them as 12-month targets. New highs now. This share is up almost 50% in the seven or so months since I bought in - which proves once again that the quietest threads are often the best :o)) There's still mucho upside here imo as: (1) DSCV trades at a large discount to its sector and peers but is now rerating (2) it's about time for a new acquisition or two, (3) the pound is weak, which benefits DSCV's competitiveness and overseas revenues converted into sterling, and (4) the general economic situation is stable/improving which obviously helps demand.

I note that XLM has just been named as one of Leon Boros' top picks for 2018 on Stockchallenge.co.uk. Good to have backing from a stock picker with a seriously impressive track record :o))

This investment blogger has just bought some SND for the first time: https://myproject42.wordpress.com/2018/01/02/losers-make-winners-ibstock-sanderson/ "I haven�t bought anything new since then but did buy Sanderson (SND) in mid-December. It is an interesting software company producing retail and logistical technology solutions that are used in sales processing, stock management and increasingly in e-commerce solutions. It�s a major area of growth for companies and ditching legacy systems for integrated STP (straight-through processing) options is the future. Many start-ups are going straight into using this type of technology too of course. The share price had drifted over the second half of 2017 but perked up following some good results and an interesting acquisition that grew its market share. Top-line growth is anticipated to be around 50% over the next two years and with cash of �6.4m and over �10m of aggregate gross profit forecast for 2018/19, the market cap of �47m just looked too low. For those interested, the Stocko stats reckon a quality of 93, value 72 and momentum 81, combining for a very attractive 97 overall rating, plus four screens (momentum, quality and income strategies all featuring) throw SND up as a buy. An initial target of 100p to begin with but wonder if this could be a longer-term hold too. Worth noting that the spread can get a bit unhelpful at times (and is at the limit of what I will go in on) but the 3.5% dividend yield is a nice buffer on costs."

Good to see a late �108,000 buy at the full 2150p closing offer price yesterday after the recent sharp rise. Hopefully bodes well for today too.

Very impressive new NED appointment today - should improve City confidence here given RS' record in founding and building Synergy Health PLC. And the new director/COO is also very solid as a former COO of Detica, which was sold for �500m to BAE: Https://www.investegate.co.uk/gama-aviation-plc--gmaa-/rns/board-appointments/201801050703420734B/

100,000 bought at 1.8p today and a decent move up. Here we go :o))

Happy new year to everyone here. Given the outlook in September's interims I'm hopeful that 2017's - and 2018's - results will be good: "The results for the first half of the year and a strong order book that includes almost �8 million of revenues scheduled for delivery in the second half of 2017 and nearly �11 million for 2018 providing good support for the current year and a foundation for 2018. "That growth in product development and projects has been financed from its own resources without recourse to shareholders or debt demonstrates the strength of the Group. "Against this backdrop and on-going customer discussions for new projects, the Board continues to be confident about the Group's future prospects."

Good to see buying now at the full 20p offer price. The year end trading update is due soon, with the last couple of years being 30th and 28th January. Given the confident outlook in the interims as below, I'm hopeful these results will be nicely in line at worst and perhaps better than expectations to some extent: "The announcement of the strategic acquisition of Horizon after the period end will provide a platform to leverage the capabilities of the Group with the aim of becoming a market-leader in Ireland, and the net contribution from this and the two acquisitions in H1 enable us to look ahead into FY 2018 with even greater confidence. "As demonstrated by the half year results and our key performance metrics including the Corporate Order Book, which continues to grow significantly both organically and through acquisitions, the Group is in an extremely strong position to continue to deliver a robust performance throughout the remainder of 2017 and beyond. On behalf of the Board, I would like to thank all of the Inspired team for the hard work over the past six months, as we look forward to completing another exciting year of growth and development of the business."

Terrific news JL79 - a really prestigious new client and another example of IDEA's global clout now: Https://www.ideagen.com/company/news/ideagen-to-provide-commerzbank-with-internal-audit-software/ "Ideagen to provide Commerzbank with internal audit software 04 January 2018 Commerzbank, a leading German international commercial bank with branches and offices in almost 50 countries, is to implement Pentana Audit , a software solution from Ideagen, for its global internal audit operations. Pentana Audit is Ideagen�s risk-based audit automation software solution used by over 450 organisations worldwide. Commerzbank serves more than 18 million private and small business customers, as well as more than 60,000 corporate customers, multinationals, financial services providers and institutional clients. In 2016, it generated gross revenues of 9.4 billion Euros and employs almost 50,000 staff. Ideagen specialises in providing compliance, audit, control and risk management solutions to banks, accountancy firms and financial services organisations and works with some of the world�s largest organisations in this area including BDO, BBVA and the European Central Bank. Its Pentana Assurance suite of software � which includes Pentana Audit, Pentana Performance and Pentana Disclose � consolidates Ideagen�s efforts in creating a functionally complete and market leading internal audit, compliance and oversight software suite. Colin Smith, Ideagen�s Head of Banking, Finance and Audit at Ideagen, said: �This particular project is proof of our standing as one of the leading software providers to the global banking, audit and finance industry.�

Good to see SDI on the acquisition path again. Probably a bargain price too since they're acquiring the trade and assets rather than the company: Https://www.investegate.co.uk/scientific-dig-imag--sdi-/rns/statement-re--potential-small-acquisition/201801040957259613A/ Here's the web site - impressive that they export from the USA to "more than 40 countries around the world": Http://www.qsimaging.com/qsi.html

I like in particular the excellent vesting criteria, being the 15.25p exercise price rather than the oft-used "nil-cost" options, as well as the options being contract and revenue-dependent: https://www.investegate.co.uk/surface-transforms--sce-/rns/grant-of-options/201801040700049091A/ The issuance at this time is hopefully an indication that we can expect some significant news flow in the next few months.

Good news - WJG have submitted plans for a new �15m scheme in Belfast which would be Belfast's first "build to rent apartment scheme": Https://www.belfasttelegraph.co.uk/business/northern-ireland/15m-build-to-rent-apartment-block-plan-is-a-first-for-belfast-36453037.html "�15m 'build to rent' apartment block plan is a first for Belfast January 3 2018 Belfast's first so-called 'build to rent' apartment scheme has taken a step forward after new plans were submitted for the �15m project. Holywood firm Lacuna and Welsh developer Watkin Jones plan the 19-storey block on a car park at Academy Street in the Cathedral Quarter. A full planning application shows the scheme proposes 42 one-bedroom and 63 two-bedroom apartments, along with management suite, cafe and servicing area for bins and cycle storage. Build to rent apartments are rental only, with secure long-term tenancies from a landlord who retains ownership. etc"

Above 900p now, but still loads of upside imo towards a fair valuation of VLE's investee companies and incorporating the cash pile.