Member Info for rivaldo

A reminder that results are out tomorrow - hopefully the outlook will be just as positive as in the trading statement. FYI CAR are also doing an hour-long Equity Development webinar presentation of the results on Thursday at 2.45 - you can register here: Https://register.gotowebinar.com/register/6469443241525219841

Nice �43,000 buy just now at 462.54p, well above the 459.5p offer price. A reminder that the results are out next Tuesday 21st November following the very satisfactory year end trading update: Https://www.investegate.co.uk/renew-holdings-plc--rnwh-/rns/trading-update-and-notice-of-results/201710020700063036S/

New recent highs now. And good news - GMAA's Chinese/Asian business jet maintenance collaboration is now fully operational: Http://www.gamaaviation.com/hong-kong-business-jet-maintenance/ "Gama Aviation�s Hong Kong business jet maintenance collaboration with China Aircraft Services Ltd. (CASL) opens with fixed price base maintenance packages* In a formal opening ceremony today, 09 November, 2017, Gama Aviation Hutchison (Hong Kong), is pleased to announce the start of its General Sales Agent (GSA) collaboration with China Aircraft Services Ltd�s (CASL) for business jet maintenance services. The collaboration, of which Gama Aviation has the exclusive permission to sell CASL�s business jet maintenance capability in Asia, has already achieved FAA and Cayman approvals for the Gulfstream G350/450, G500/G550 and G650/650ER types and the Bombardier Global BD-700 series, the primary types operated in the region. Approvals for Bermudan and HK CAD are imminent. Angus Cheung, Chief Executive Officer of China Aircraft Services Limited commented: �This is a historic year for CASL as we build further capability from our strong commercial aviation maintenance platform. Our collaboration is the perfect blend of maintenance expertise, operational know-how and type knowledge. We�re very excited to end the year in such a strong position, with a relevant and compelling offer to business jet owners in the region.� Marwan Khalek, Chief Executive Officer of Gama Aviation Plc commented: �Today marks a new era for Gama Aviation in the region. We could not want for better partners in CASL and I fully believe we have the means to deliver a game changing proposition. For many owners and crews, the inconvenience, cost and unnecessary engine and airframe hours of flying to alternate service facilities has ended. Hong Kong now has the capability and we are proud to represent, through our unique collaboration.� Gama Aviation is now taking bookings for base maintenance (up to and including 3C / 24 month inputs for the Gulfstream G350/450, G500/G550 and G650/650ER types and the Bombardier Global BD-700 series). Coverage is also provided for AOG regional call outs, battery services and cleaning."

Great to see Giles Hargreave more than doubling his holding in IMO: Http://citywire.co.uk/money/4-shares-the-pros-are-buying-and-selling/a1068376?ref=citywire-money-latest-news-list#i=4 "IMImobile Citywire AA-rated small cap supremo Giles Hargreave has more than doubled his holding in cloud communication and software provider IMImobile (IMOI) as it drifts lower from last month�s record high. Hargreave upped his stake in the business from 2.4% to 5.7% of the shares worth �7 million at a price of 200p, down from an all-time high of 221p in early October. The shares are primarily held by clients of his eponymous broker and fund manager Hargreave Hale which was this summer purchase by Canadian banking group Canaccord. Leading UK hedge fund manager Toscafund�s small cap mandates have recently banked some profits on the tightly-held stock, reducing their stake from above 18% to 13.4%. Investec reiterated its buy guidance last week, on a 250p price target. That followed a trading update saying full year profit was likely to beat earlier expectation, despite upping its investment in sales and distribution."

Encouraging to see �77,000 of director share buying, including by the CFO: Https://www.investegate.co.uk/proactis-holdings--phd-/rns/director-pdmr-shareholding/201711130700052439W/

Octopus Investments have been buying and now own more than 17% with a chunky 62.6m shares: Https://www.investegate.co.uk/renew-holdings-plc--rnwh-/rns/holding-s--in-company/201711101449392147W/

Great to see another �48,000 of shares bought by the CEO. I assume there's been a seller out there for whatever reason - could simply be rebalancing after XLM's rapid rise - , but this is surely an opportunity given the outlook in the interims and all the director buying subsequently. Plus the recent gambling deregulation news from the USA.....

Moving up nicely this morning - up 6.5p now on a series of small-ish buys. Hopefully that indicates not much stock around.

Excellent news - Chester council have approved WJG's plans for a big 323-bed student housing scheme: Http://www.chesterchronicle.co.uk/news/chester-cheshire-news/student-housing-chester-bus-depot-13874343 "Student housing on Chester bus depot gets the green light By David Holmes, 12:23, 8 NOV 2017 A 323-bed student housing scheme has been approved on a Chester bus depot site despite concerns about its large size, design and fears raised by the local councillor. Cheshire West and Chester Council planning committee approved the plan by Liverpool Road Chester Limited, a subsidiary of Watkin Jones, to build on the current Stagecoach depot site in Liverpool Road, Chester.... ....Watkin Jones planning director Iain Smith said Stagecoach would be relocating to a �more appropriate location� in the city. The company�s management arm Fresh Student Living, which already runs student schemes at Abbeygate, Tramways and The Towpath, would manage the complex. He said there remained �considerable demand for student places and accommodation� etc"

Here's Corbyn doing some bandwagon-jumping - still, it shows that this is a �1 billion opportunity for PTSG and others if and when sprinkler systems are more widely introduced: Https://www.thetimes.co.uk/edition/news/corbyn-demands-1bn-fund-for-tower-block-sprinklers-dxp7jbgzv "Corbyn demands �1bn fund for tower block sprinklers November 9 2017, 9:00am, The Times Jeremy Corbyn has urged the chancellor to set aside �1 billion to fit sprinklers on all tower blocks owned by councils and housing associations. In the wake of the Grenfell Tower fire, many town halls have been told to fund their own retrofits because the government deems them non-essential. Sprinkler systems are fitted in only one in 50 socially owned high rises. The Labour leader will tell Philip Hammond, the chancellor, to provide money for a retrofitting programme in the budget this month. Sprinklers are only mandatory on new builds more than 30 metres high but fire experts believe that the Grenfell fire could have been prevented if sprinklers had been included in the block�s �8.6 million refit. London�s fire chief is among the senior figures who want the Grenfell public inquiry to recommend a retrofitting programme. �This can�t be optional, it can�t be a �nice to have�, this is something that must happen,� Dany Cotton [COR], commissioner of the London fire brigade, said in September. Whitehall sees retrofitting sprinklers as an optional measure to be funded by councils and housing associations, many of whom say that they cannot afford it.... .....Figures released under freedom of information laws found that 2 per cent of social housing blocks had full sprinkler systems. In England they were only installed in 0.6 per cent of council blocks, according to a 2015 study by Inside Housing......"

The seller was David Capital per yesterday's late RNS. Given the fact that they sold exactly 1m shares, and that the shares ticked up immediately afterwards - and this morning - it's likely they've now finished their selling and have reached a level that they're happy with, at least for the moment. Another 232,000 shares traded already today, and the price is moving up nicely.

From the rather successful Chelverton Growth Trust's results yesterday - having top-sliced PEG at the peak (which may be largely the reason for the share price fall from the top given PEG's tiny �8.5m m/cap), they've been buying back again more recently. They now have 10.3% of their portfolio in PEG: Https://www.investegate.co.uk/chelverton-grwth-tst--cgw-/rns/final-results/201711081645339671V/ "The holding in Petards plc was reduced as the share price moved up very sharply and then towards the end of the year the holding was modestly added to at much lower prices despite very positive interim results. Petards plc supplies sophisticated products to the rail industry and is building a very large order book to be delivered over the next two to three years."

Here's the part of the Telegraph's tip visible to non-subscribers - if anyone's got the rest that would be great. I do like the �Obscenely cheap� comment :o)) Http://www.telegraph.co.uk/investing/shares/questor-plenty-scope-forthis-aviation-firms-undervalued-shares/ "Questor: there�s plenty of scope for this aviation firm�s undervalued shares to soar By Richard Evans 8 November 2017 � 6:02am �Obscenely cheap.� This is how one fund manager described the share price of one of his holdings when he started to build a stake last year. At that time, shares in the company concerned, Gama Aviation, were trading at only about five times earnings. True, they have rallied since then but even now they are rated at only about seven times expected profits for 2018 � very much the kind of bargain-basement price that attracts Questor�s eye. Better still, Gama is a fast-growing, cash-generative business, which operates in a sector that is both rapidly consolidating and relatively immune from attack by new entrants, said Nick Hawthorn of Downing, which owns about 6pc of the Aim-listed company in various portfolios. Gama�s operations are divided into two parts: �air operations�, which provides services such as fuel, crew and food for private aircraft owned by firms, governments and individuals;..."

Video game maker stocks surged overnight in the USA: Http://citywire.co.uk/money/overnight-markets-wall-street-posts-record-highs-as-videogame-makers-jump/a1067593?ref=citywire-money-latest-news-list "Take-Two Interactive Software jumped 10.58% after the videogame maker offered a stronger-than-expected revenue forecast for the holiday quarter. That sparked a rally among its competitors, with Activision Blizzard surging 5.89% and Electronic Arts adding 2.19%."

A 1m share trade at 31p has just been reported - I wonder if this is a worked sell which has been holding back the price recently? We'll soon see, if any decent fresh buying gives rise to a mark up.

Jefferies have this morning reiterated their Buy and 330p target price: Http://investing.thisismoney.co.uk/broker-views/

Positive comments from a senior VP at Universal re Tapu Tapu: Https://www.ttgmedia.com/news/wtm/new-hotels-for-universal-orlando-resort-12244 "Speaking about Universal�s TapuTapu technology, which was rolled out earlier this year. Belzer said: �We have had rave reviews from those who have done their homework and know how to use it in advance but we do need to educate people about it.�

Edison produced a new report last month whilst I was on hols - it hasn't been posted here before, so FYI.... The suggested 35% discount to peers implies that ACL should be trading at almost 500p, compared to the current 320p: Http://www.edisoninvestmentresearch.com/research/report/acal249962/preview/ "Acal Trading update Sustained uptick in orders drives upgrades Acal�s H118 trading update confirms that strong demand continued into Q218. Both divisions saw a positive trading environment in H1 resulting in group organic revenue growth of 9% y-o-y and group reported revenue growth of 21%. We have raised our revenue forecasts for FY18 and FY19 to reflect stronger trading, which results in upgrades to our normalised EPS forecasts of 3.8% in FY18 and 3.7% in FY19. In our view, the sustained improvement in demand is not reflected in the share price." "Valuation: Discount to peers has widened On an FY18e P/E of 15.4x and FY18e EV/EBITDA of 9.3x, the stock is trading at a c 35% discount to the peer group average for both multiples, compared to a 25% discount when we last wrote in July. The share was recently reclassified from Industrial Support Services to the Electronic & Electrical Equipment sector, and is trading at a c 30% discount to the new sector P/E. The strong order book, combined with good progress in the strategy to grow the Design & Manufacturing side of the business, provides confidence in both the near-term and longer-term outlook for the company. Continued growth in the proportion of revenue generated from design and manufacturing should support operating margin expansion, and should help to reduce the valuation discount. The stock is also supported by a dividend yield close to 3%." "Valuation After this upgrade, Acal is trading at a 35% discount to its peer group on current fiscal year EV/EBITDA and P/E multiples. This has widened from the 25% discount when we last wrote in July."

Http://www.fool.co.uk/investing/2017/11/07/2-dirt-cheap-growth-stocks-to-consider-in-november/ "2 dirt-cheap growth stocks to consider in November Ian Pierce | Tuesday, 7th November, 2017 After growing earnings by double-digits in each of the last four years, shares of specialist manufacturer Carclo (LSE: CAR) trade at only 10.8 times forward earnings, which has put the firm on my watch list. The company is fairly diversified with three main divisions: technical moulds for the medical devices industry that brought in �88m in the year to March, making exterior lights for supercars that accounted for �43m in sales, and an aircraft components division that grossed �7m. Each of these end markets has performed very well in recent years and increased volumes have improved operational gearing, leading to the firm�s operating margins increasing annually from 5.39% in 2013 to 8.3% in fiscal 2017. However, it�s not all roses and butterflies for Carclo as the UK�s decision to exit the EU has thrown up significant roadblocks for the firm. Brexit wreaked havoc on the bond markets and led to a sharp fall in the bond yields it used to discount its pension obligations. Because of this, its net pension liabilities rose from �18.9m to �27m year-on-year in 2017, which wiped out the firm�s excess cash position, increased leverage and led it to cancel its dividend for the year. But even with that in mind, Carclo was never a huge income stock and analysts have pencilled in earnings increases of 5% and 20% for the next two years respectively as global GDP growth remains high, stoking demand for each of its end markets. Economic tailwinds and a history of making smart bolt-on acquisitions makes hitting these forecasts entirely reasonable. And with a very attractive valuation, I�ll be digging into Carclo some more in November."

Http://www.fool.co.uk/investing/2017/11/07/just-eat-plc-isnt-the-only-stock-with-a-promising-future/ "Certainly, the FTSE 100 may be relatively high at the present time, but this stock could offer high growth at a reasonable price. As such, it could be worth buying today ahead of potentially FTSE 100-beating performance. Upbeat performance The company in question is Information Management Software provider Ideagen (LSE: IDEA). It reported an upbeat trading update for the first six months of its financial year on Tuesday. The company�s performance was strong during the period, and it remains on target to deliver revenue and adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) which are significantly ahead of the same period from the prior year. In fact, the business is expected to post an underlying organic revenue growth rate of around 12% for the period. It is also on track to meet expectations for the full year to 30 April 2018. Encouragingly, cash generation in the first half of the year was strong, with the company�s balance sheet having a �5.9m cash position as well as no debt. This reduces its overall risk and provides it with an improved risk/reward ratio for the long run. Looking ahead Ideagen is forecast to post a rise in its bottom line of 26% in the current year, followed by further growth of 10% next year. Despite such an impressive growth outlook, the company�s shares trade on a price-to-earnings growth (PEG) ratio of just 0.8. This suggests that they offer a wide margin of safety and that more upside potential is on offer after their 31% gain since the start of the year."