Member Info for rivaldo

Hi AdJShares. Imo, as per my prior posts, the hiving off of SKIN should have benefited the VENN share price by (1) crystallising value which wasn't there before and (2) highlighting the core business, which judging by prior results and outlook should be nicely profitable with strong growth prospects. VENN should even profit from Brexit given their location! I can only surmise that the low share price is due to either a large-ish seller or two over the last few months, and investor boredom given there have been no contract RNS's for a while. If the former, today's price rise gives some encouragement that perhaps any overhang has been cleared.

It's worth recording here later period forecasts to highlight the growth due to come through from the mid-volume LED contract wins through to March'21 (I haven't got Peel Hunt's forecasts so have used Equity Development's): - to Mar'21 - 20.3p EPS (Equity Development forecast) - to Mar'20 - 17.6p EPS (Equity Development forecast) - to Mar'19 - 15.57p EPS (Peel Hunt forecast) - to Mar'18 - 13.05p EPS (Peel Hunt forecast) - to Mar'17 - 12.1p EPS - to Mar'16 - 10.1p EPS - to Mar'15 - 7.9p EPS - to Mar'14 - 6.1p EPS

Vantiv have now announced agreed terms with Worldpay. FT Alphaville were reporting a current year EV/EBITDA of 18.5 for the US and UK business, and 23 for Global eCom. According to this research, SCH are on a current year EV/EBITDA of only 11.5, falling to just 9.95 for next year: Http://www.4-traders.com/SAFECHARGE-INTERNATIONAL-16166424/financials/ SCH has considerable ground to make up on its sector comparators!

Hybridan have issued a new 6 page report on PEG, which concludes as follows FYI: "Yesterday's new business wins for the defence division, from both a Government agency and a major equipment supplier is a pleasing uptick for a division which was reported to have had a relatively slow Q1. The rail division by contrast has already announced new business wins of over £7m since the year end. Following a terrific performance in the shares, they have paused for breath somewhat over the last month, down 6.8% and are some 19% below their year high of 38.5p. We certainly see scope for the shares to break back through this level and are confident that our full year expectations will be met. At current levels, the shares are on a fully diluted current year fully diluted PE of 14.8x. As at 31 March, the order book was £21m with £13m scheduled for delivery this year. Yesterday's orders serve to further underpin our forecasts for 2017 and to establish a foundation for further growth in 2018. The Company has net cash and as such is on an EV/EBITDA multiple of just over 5x."

A couple of notably large buys this morning by SIM's standards, including a 65k buy just reported at 22.9p. Welcome sukithedog - one of them was yours I assume?

Breaking upwards to new recent highs now after a succession of buys this morning.

They've increased EPS forecasts by 12%, with a new price target of 165p. They now go for 8.7p EPS this year and 9.2p EPS for 2018.

CAR's share price continues to be volatile on small volumes of trading. A buying opportunity now imho - at a current year P/E of 12.2 and a forward P/E of just 10.3. Interesting article this week about how UK pension deficits fell a further 10% last month due to rebounds in government bonds: Https://www.bloomberg.com/news/articles/2017-07-02/pension-deficits-fall-as-boe-hints-at-future-interest-rate-hikes

Excellent news this morning - great to see SIM finally completing this major $6.7m contract without any residual issues: Extracts: "SimiGon (LSE: SIM), a global leader in providing simulation training solutions, is pleased to announce that it has successfully completed all systems delivery milestones and received the requisite client confirmations in relation to the $6.7 million contract announced on 24 June 2013 (the "Programme")." "SimiGon President & CEO, Ami Vizer, said: "We are pleased to announce the successful completion of all systems delivery milestones. The experience and know-how obtained during the delivery of this Programme will be leveraged to further new business opportunities for SimiGon and our partners within the SIMbox ecosystem. We are proud to be part of this major Programme as a prime contractor, marking a significant milestone in SimiGon's strategic aim to lead more opportunities as prime. We are looking forward to extending this solution and concept to meet other training needs worldwide."

Nice mention in the Times' Tempus column this morning: Https://www.thetimes.co.uk/edition/business/if-chips-are-down-not-so-bleak-a-takeover-whd2s7s0f "And finally . . . When XLMedia came to the stock market in 2014, one of the intentions of this provider of digital marketing directing users to various platforms was to spread the business beyond gambling and gaming. It has released a string of positive trading updates since and the shares have risen from an issue price of 49p to 139½p last night. Gambling now accounts for 57 per cent of revenues, down from 70 per cent in the first half of last year, and XLMedia has expanded into areas such as credit card comparison and cybersecurity."

The proportion of revenues deriving from non-gambling verticals is rising fast - it's already up to 43%.This will help trigger the re-rating. I can see XLM trading at 200p-250p in the not-so-distant future if all goes well. This coverage of today's news suggests that both Berenberg and Cenkos have increased their forecasts - per the copies of their 7th March notes that I have they were both previously forecasting $130m turnover: Http://www.cityam.com/267815/performance-marketing-firm-xlmedia-sees-stocks-jump-strong Extract: "Analysts at Berenberg now expect the company to bring in sales of $138m (£106.74m) by the end of the year, compared to $104m in 2016. Cenkos upgraded its forecast by 3 per cent to $133.5m (£103.33m)." And the IC today say Buy: "IC TIP UPDATES: The first half of the financial year has been better than management at XLMedia (XLM) expected. Shares were up 9 per cent off the back of a strong trading update which pointed to recent acquisitions and revenue diversification as the reason for the outperformance. XLMedia has been busy diversifying its revenue streams and now receives just over half of its sales from gambling advertising - down from 70 per cent in the first half of last year. This diversification and strategic acquisitive growth is why we rate shares a buy."

This is a big and highly earnings-enhancing acquisition. Great news - and the placing at 120p is a reasonable price (and explains why the share price has been held back recently). I too just bought a few more at 121.9p - bargain :o)) The IC say Buy: Http://www.investorschronicle.co.uk/2017/07/04/shares/news-and-analysis/news-tips-xlmedia-costain-sainsbury-more-5mdeWvewXPMMkyDFdzSfOK/article.html "Shares in niche specialist services provider Premier Technical Services Group (PTSG) have risen more than 2 per cent this morning following the announcement of lightning protection company Best for a maximum consideration of £20m. The Aim-listed company will look to raise £15m through a non-pre-emptive cash placing to fund the acquisition. PTSG say the acquisition provides complementary geographic coverage, as BEST has strong operations in Scotland and the West of the UK. Lightning protection sits within PTSG’s electrical services division, which accounted for 45 per cent of overall revenues at the last full year results. Buy.

Apparently Techinvest have now raised their recommendation from Strong Hold to BUY. Panmure forecast this year 1.2p EPS rising to 1.4p EPS, dropping the P/E to single digits for 2019. Looking set for new recent highs now.

Here's the full tip - he's increased his target price to a still conservative (imo) 275p-300p: "Gama shares in the ascent Aim-traded shares in Gama Aviation (GMAA:240p), an operator of privately owned jet aircraft, hit my 250p target price last week, having risen by 15 per cent since my full-year results call with finance director Kevin Godley and chief executive Marwan Khalek ('Five small-cap buys', 29 Mar 2017). I previously advised buying at the start of the year at 175p ('In the ascent', 23 Jan 2017), although this has proved to be a volatile holding and the price is now only back above the 225p level at which I initiated coverage, albeit it did subsequently hit a high of 380p in late 2014 ('Ready for take-off', 12 May 2014). That said, this year's share price recovery looks fully warranted. The company's robust pre-close trading update ahead of half-year results on Wednesday 19 July is highly supportive of adjusted EPS, rising by 10 per cent to 33¢ as forecast by analyst John Cummins at brokerage WH Ireland. Gama's fast-growing US aircraft management business continues to generate strong organic growth and is also benefiting from the Landmark fleet joint venture with BBA Aviation (BBA). Importantly, "right sizing" the company's European air business and exiting from underperforming contracts is paying off and this unit is on target to deliver modest growth. Modest growth is materialising from the European ground services business, too, underpinned by "increased maintenance activity from contract wins announced at the start of the year, as well as the return of some discretionary aircraft improvements and modifications spend". Importantly, the directors "are focused on building on the improvements in operating margins, working capital and cash conversion that we delivered in 2016". That's important for the company to achieve its target of halving net debt to a range $9m to $10m by the December year-end. It's also supportive of the progressive dividend policy, and further bolt-on acquisitions. Last year's acquisitions of FlyerTech and Aviation Beauport are on track to achieve their budgeted growth after posting strong first-quarter results, and "are working on enhancing cross-selling opportunities and new joint sales initiatives within Gama's European air and ground services divisions". Trading on 9.5 times forward earnings, representing a 40 per cent ratings discount to peers, and with another upbeat outlook statement likely later this month, I am upgrading my target price to a range between 275p and 300p to reflect the operational improvements being made and de-risking of earnings estimates. Buy."

after the possible offer for Worldpay (WPG) just announced.

Good coverage here in this new article: Http://citywire.co.uk/money/four-shares-the-pros-are-trading/a1029970?ref=citywire-money-latest-news-list#i=3 "Touchstar Citywire A-rated income investors David Horner and David Taylor have upped their stake in mobile business computing specialist Touchstar (TST), after its shares fell back slightly from a five-year high. The managers increased their stake in the business to a little over 10%. At a share price of 97p, the position is worth £621,000. Over the past year, the shares have risen by 61.7%. The position is the second largest in their £4.8 million Chelverton Growth trust, a specialist investment fund that holds micro-cap businesses. Touchstar has slid a little since climbing to 113p in April, the highest price demanded for the shares since mid-2012. The company, which provides tech support to warehouse, logistics and delivery staff, completed a major overhaul of its business in 2016, but was hit by a profit warning at year-end. House broker WH Ireland upgraded it to a buy in January, on a price target of 119p. "

I note Finncap have 4.3p EPS pencilled in for this year (with a 0.4p dividend). With a following wind and decent performance by the acquisitions we could see a 55p share price at some point if that forecast is met or slightly bettered.

3.9p EPS is actually a tad ahead of expectations (which were 3.8p)! With a 0.37p dividend too. The big acquisitions will benefit this year, which will hopefully be extremely exciting by HML's standards :o))

£2m of contract wins for the Defence division - including £1.5m of new contracts and a £0.5m renewal. These fall almost entirely into 2018, thus further guaranteeing a considerable portion of next year's forecast revenues. And it's great to see the Defence division stepping up and winning more business, diversifying PEG away from reliance on Rail: Http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/PEG/13282510.html

Canaccord have now increased their forecasts to: this year : 1.55p EPS, 0.5p dividend next year : 1.81p EPS, 0.6p dividend That's a current year P/E of only 11.2, dropping to 9.6 next year (when the divi yield will also be 3.45%).