Member Info for rivaldo

Once again :o)) After all these successive periods of outperformance, the market should surely be re-rating XLM to an ex-cash P/E far greater than the current 8 or 9...... "Strong H1 growth delivered with trading ahead of expectations XLMedia (AIM: XLM), a leading provider of performance marketing, is pleased to announce the following trading update for the six months ended 30 June 2017, with the Group trading ahead of managements' expectations for the period. The Group has continued to execute on its strategy of diversifying its revenue streams and has delivered strong organic growth across all business verticals within the Group. The Board was pleased to announce two acquisitions during the period, the first being Clicksmob, a mobile performance marketing platform, and the second, Greedyrates.ca, one of Canada's leading credit card comparison websites. Integration of both acquisitions is progressing according to plan with both acquisitions performing well and in line with management expectations. In addition, the recently announced acquisition of Securethoughts.com, a US cyber security comparison website, will add further diversification and US presence to the Group. Currently the Group derives 57% of its revenues from gambling, down from 70% in the first half last year, with the remaining 43% coming from non-gambling verticals including gaming, mobile applications, software, utilities, e-commerce and finance. The Board believes this is yet further evidence of the Group successfully delivering on its strategy to continue to diversify revenue sources and accordingly the Board remains extremely confident in the performance of the business. The Company expects to announce half year results for the six months ended 30 June 2017 during September 2017."

of the IC this lunchtime, hence the sudden surge today: Http://www.investorschronicle.co.uk/2017/07/03/comment/simon-thompson/four-small-cap-plays

Buying coming in at well above 500p now.

Good to see SCSW saying they're buyers before the results on 1st August. Nice prominent Buy rec as the first of the Tip updates too :o))

here - and imo GMAA should trade at least equal to and potentially at a premium to Air Partner since AIR is much more exposed to highly cyclical charter trades: Http://www.aol.co.uk/money/2017/06/30/these-value-stocks-could-be-trading-at-deep-discounts/ "40% discount As well as Pets at Home, Gama Aviation(LSE: GMAA) also looks to me to be an undervalued stock. After several years of lacklustre performance, Gama's fortunes picked up last year as the company's growth effort started to pay off. Pre-tax profit hits £19.3m for 2016, up 180% year-on-year and significantly above the pre-tax profit of £520,000 reported for 2012. Between 2012 and 2016, revenue expanded from £17m to £203m. Analysts expect Gama's new-found profitability to continue for the next few years with earnings per share of 25.9p pencilled-in for 2017 and 28.6p for 2018. Based on these figures, the shares currently trade at a forward P/E of 9.3, falling to 8.4 for 2018. Compared to sector peers such as Air Partner, these multiples appeared to undervalue the business severely. Indeed, shares in Air Partner currently trade at a forward P/E of 15.1, and while Air Partner's growth is faster, there's no clear reason why Gama should trade at a near-40% discount to its peer. A revaluation to a more appropriate multiple of around 12 times forward earnings would send shares in Gama up to 311p, 27% above current levels. It may take time for the market to realise the potential here, but luckily investors will be paid to wait. Shares in Gama currently support a dividend yield of 1.1% and the payout is covered 10 times by earnings per share, leaving plenty of room for payout growth. "

from the Armchair Trader: Https://www.thearmchairtrader.com/news/can-inspired-energy-lift-shareholders Extract: "Can Inspired Energy lift its shareholders? AIM listed energy consultancy Inspired Energy is undergoing an acquisition strategy to grow the business and boost shareholder value AIM listed stock, Inspired Energy PLC, is a provider of energy purchasing and energy consultancy services to large private and public sector organisations. With a market capitalisation of £73.6million, the business offers energy procurement services to large businesses, aimed at significantly cutting down on energy costs and usage. Inspired Energy came to my attention yesterday through my usual weekly searches through Company Refs, and then again today today as a result of their acquisition of Irish firm Horizon Energy for £9m. Other recent acquisitions in 2017 include Flexible Energy Management Ltd and the acquisition of Churchcom Ltd. So, why did Inspired Energy appear in my filters? What makes them a candidate for growth? Let’s take a look at the fundamentals. Inspired Energy Fundamentals The business has been consistently growing year on year. Turnover and pretax profits are up every year since 2012. In turn, Earnings Per Share have followed suit. Looking ahead, forward growth is expected at around the 40% mark, but there’s a note of caution that comes with this forecast. The only broker contributing is Canaccord Genuity. Ideally for a reliable consensus, I’d want to see at least five or six brokers forming a consensus. We’ll stick with the forward looking ratios as they look extremely appealing – but do bear in mind my thoughts on a reliable consensus. Ok, so the forward P/E ratio based on the Canaccord Genuity numbers comes in at 9.24 times while the forward PEG (Price/Earnings to Growth) is at 0.23 suggesting significant room for share price growth given the forecast profit for the next two years. The business is being run effectively with ROCE (Return on Capital Employed) at an impressive 72.2%, which is very good, even for a support services business with low operating costs. On top of this, profit margin levels are at a very healthy 24.5%. etc"

Http://www.investorschronicle.co.uk/2017/06/29/tips-and-ideas/share-tips/imimobile-rakes-in-the-cash-3W8iyAA0oX4xfdwyALKWFO/article.html "IMImobile rakes in the cash IMImobile (IMO) was left £7m in cash, after paying off debt, at its IPO in 2014 - and that pile remains largely untouched. The majority of the communication software company's growth, including its recent acquisitions of Textlocal, Archer Digital and Infracast, has been funded out of the cash generated from operations. In the year to March 2017, that reached £11.9m, equating to 104 per cent of adjusted cash profit."

Http://www.investorschronicle.co.uk/2017/06/29/tips-and-ideas/share-tips/watkin-jones-low-risk-business-model-hNO6Dwa6t9erA5d1gDFDIL/article.html Extracts: "Watkin Jones' low-risk business model Watkin Jones (WJG) was established way back in 1791 and has been building student accommodation since 1999, but only floated on the Alternative Investment Market (Aim) in March last year, having abandoned its construction contracting activities a year earlier. Since then it has come along in leaps and bounds - a reward for being in the right place at the right time." Conclusion: "With institutional investors showing rising interest in PRS investment, the Watkin Jones model could see increased competition. However, its strong track record before float and its end-to-end development skills should support its position. The fast-growing forecast yield and modest forecast PE ratio looks attractive given the capital-light growth prospects. Buy."

£90,000 of shares just bought at 300p...pressure is building for another break upwards.

Http://www.touchstar.co.uk/blog/karndean-designflooring-decision-based-upon-touch "Karndean Designflooring decision based upon TouchStar's superb post-sale support 28 June 2017 Karndean Designflooring decision based upon TouchStar's superb post-sale support Karndean Designflooring is a global leader in flooring design with operations in the USA, UK, Australia and New Zealand. Karndean started as a small family business in 1973, and has since grown into one of the world’s most renowned and respected luxury flooring companies. The business remains family owned, allowing it to stay true to its roots and focused on its customers. By offering a wide range of colours, textures and finishes, Karden products allows its customers to create looks that are unique to their home or business and are guaranteed to last. Challenges Karndean had been using RF units in its warehouse to carry out general tasks such as order picking and pallet tracking. But eight years after launch the businesses decided they had been used for as long as they could be and were coming towards the end of their lifecycle. The main driver for change was that Karndean had come to the end of its support contract. Spare parts for existing units were becoming harder to source and repairs were unavailable, so the decision was made to upgrade. Solutions After contacting a few suppliers and reviewing various options, Karndean decided that the products presented by TouchStar offered the best value for money and also came with the best support package – including a minimum of ten years of support for repairs. Touchstar offered a selection of devices that were robust enough to fit into Karndean’s fast-paced warehouse environment. Karndean narrowed the choice between a couple of products and to help them decide, TouchStar loaned out units to test in the warehouse so Karndean could get a feel for the products. Karndean then decided to invest in rugged TouchStar TS8000 handheld devices based on the feedback from its warehouse team. The TS800 is packed with features, including a 3.5” colour touchscreen, 3M camera, Bluetooth, Wi-Fi and several different scanning options. Touchstar assisted with configuring the devices and provided the additional support required to get up and running. Results and benefits The new devices have been a great success and have delivered the reliability, accuracy and efficiency improvements that Karndean required. Since the devices have been deployed, Karndean has had one instance of accidental damage. After it was reported to TouchStar, the issue was dealt with it in a timely manner and the device was back up and running in the warehouse within a week. Richard Crook, operations director of Karndean, commented: “These devices and the support we’ve received, from the initial meeting to installation and live running, has met all our expectations. etc"

Looking at some figures issued by Finncap this week, the following are relevant comparator sector P/E's for this year and next year: Trifast : 17.5 falling to 17 Electrocomponents : 25.6 falling to 22.7 Diploma : 25.4 falling to 22.7 ACL are on a P/E of 14 falling to 12.9. ACL have a long way to rise from here to catch up. Not only that, ACL have by far the best dividend yield, at 3.1% against the other companies ranging from 1.6%-2.1%.

The placing completion RNS notes that it was "significantly oversubscribed with a number of new and existing shareholders participating". Also good to see £100,000 of shares bought between the COO - doubling his holding - and a non-exec taking a maiden stake.

Https://www.**********************/breakfast-today/2017/06/29/tax-software-blamed-for-cyber-attack-spread/ Extracts "DekelOil Public Limited (DKL.L, 11.75p) – Buy The operator and 100% owner of the vertically integrated Ayenouan palm oil project in Côte d’Ivoire yesterday announced a maiden final dividend of 0.17 pence per ordinary share for the year ended 31 December 2016. This is in line with the Company’s proposed dividend of £500,000 announced on 17 January 2017. A scrip alternative is being offered with this dividend to those investors who wish to receive additional DekelOil securities in lieu of a cash payment..... ......Moreover, the management is far from standing still, having confirmed on 10 May 2017 that it is in discussion with Norpalm Ghana Limited (subsidiary of Norpalm AS) and certain Norpalm AS shareholders in relation to the potential acquisition of all or the majority of the shares in Norpalm by DekelOil to build out its operations in neighbouring Ghana. Norpalm is an owner and operator of c.4,000 hectares of mature palm plantations and operates a 30 tn/hr mill which also purchases FFB from local producers. Norpalm sells 15,000 tonnes of crude palm oil sold into the domestic Ghanaian market, and also operates a PKO press which produces c.2,000 tn of PKO in the Ghanaian market. Such discussions are still ongoing and therefore there can be no guarantee that it will proceed. The Board intend, however, that it would be financed through a combination of DekelOil’s existing cash resources, new equity partners at project level and debt financing. The potential acquisition, if it were to proceed, would not constitute a Reverse Takeover, and so publication of a prospectus is not required. The Group will make further announcements in due course. Even if Beaufort now takes the prudent step, based on recent commodity trading, of factoring slightly lower CPO price projections into its forecast model, this has not changed its price target for the shares. Currently valued at FY2017E and FY2018E P/E multiples of just 7.8x and 5.8x, along with dividend yields of 1.5% and 1.7% respectively, Beaufort retains its Buy rating on the Shares with target price of 23p."

Looks like an excellent acquisition - "earnings enhancing in FY2017 and SIGNIFICANTLY (my caps) earnings enhancing in FY2018": http://www.investegate.co.uk/inspired-energy-plc--inse-/rns/proposed-acquisition-and-proposed-placing/201706290700065072J/ Plus it's a nice bridgehead into the EU in case of Brexit difficulties. Good to see Horizon's management staying with the company. And INSE say today "Inspired continues to trade in line with market expectations".

Moving up again - I wonder if there's a little interest coming in due to the prior post re Grenfell House below and to the health and safety/fire inspection building services HMLH provide: Http://www.thehmlgroup.co.uk/our-services/health-safety/

CAR's 31 minute presentation from last week can be seen and heard in its entirety here FYI: Https://www.youtube.com/watch?v=AKIXjxL74ws

Great to see CMS expanding into scanning and archiving, which offers predictable and recurring revenue streams. The likes of RST trade on very high multiples because of this. Note that the first client is "a major high street bank". Https://www.communisis.com/news/investment-in-state-of-the-art-inbound-services-expansion "State-Of-The-Art Inbound Services expansion Press release • 27 June 2017 Communisis invests £1.6 million in Inbound Communication Services Communisis has opened its first commercialised scanning site situated in our Leeds facility. Although we at Communisis already operate on clients’ premises, this is our own dedicated facility utilising leading hardware and software technology. The facility has been designed to allow Communisis to offer our clients the ability to manage multiple inbound communication channels, resulting workflows, compliance and data management so as to provide their customers the best possible customer experience. We work collaboratively with clients to build a solution that meets their requirements in a way that supports their strategic objectives and is adaptable to the changing market environment. Some benefits that our clients will see include: Straight Through Processing (STP) - Automated extraction and validation allows STP, resulting in reduced operational costs and quicker, or near instant customer re-engagement Digital Archiving & Retrieval - Content and case management service, helping to control records and the storage of the images with the associated metadata to ensure client communication agility and data regulation compliance Improved CX – Effective inbound communication and data management allows Communisis to provide the link to client outbound communication systems, which enables a positive and seamless customer experience Secure Document Handling – ISO27001 compliant site is secure with double lock entry systems (via swipe card and access PIN number) with security cameras covering all operational areas. Initial x-ray of items through to secure document destruction ensures total customer information security Forms Design - Improvement to outgoing documents combined with the use of market leading technologies (dynamic PDFs) to enable better automation and STP 24 Hour Operation – Anytime processing ensures that challenging client and regulatory SLA’s can be comfortably satisfied Centralised and distributed scanning – The investment in a hybrid model gives us the ability to scan centrally or from anywhere in the world UK Data Centre – All data is securely stored at our UK based facility The new facility has the capacity to receive and process 300,000,000 physical pages of paper per year generating 600,000,000 images. This is likely to increase to meet future demand. Our first client is a major high street bank and is currently in the ‘proving phase

Now officially launched on PS4..... Https://www.frontier.co.uk/news/press-releases/elite-dangerous-launches-playstation-4-today "Elite Dangerous Launches for PlayStation 4 Today Published on: Tue, 27/06/2017 - 1:00pm The award-winning Elite Dangerous is available now for PlayStation 4 digital and retail. Cambridge, UK. 27 June 2017. Frontier Developments plc (AIM: FDEV) today launched the critically acclaimed massively multiplayer space epic Elite Dangerous for the PlayStation 4 computer entertainment system. Elite Dangerous and the Elite Dangerous: Horizons season pass are now available digitally on the PlayStation Store as standalone products or together as part of the Commander Deluxe Edition, complete with the bonus Commander Paint Pack. Elite Dangerous is also available at physical retail stores for PlayStation 4 and Xbox One in the Elite Dangerous: Legendary Edition, featuring Elite Dangerous, the Elite Dangerous: Horizons season pass and a bonus 1,000 Frontier Points for purchasing in-game cosmetic items. etc"

Very good results today slightly ahead of expectations: Http://www.investegate.co.uk/imimobile-plc--imo-/rns/preliminary-results/201706280700053557J/ - 11p EPS (compared to 10.46p forecast) - £9m adjusted PBT compared to £8.6m forecast - £14.7m cash pile against a £130m m/cap - terrific cash generation - extremely positive outlook: "The current financial year has started well, we have strong pipelines in all regions and our product suite remains hugely relevant in large growing addressable markets." Growth is global, all contracts have been retained and blue chip customers are being won. Pleasing stuff all round. Nice also to see them moving to pay dividends and utilise buybacks, though I'd rather they continued to grow the group with more acquisitions. My one small quibble with today's narrative is that we know they have very high recurring income, but they don't quantify this as much as they should to highlight their attraction for investors.

Http://www.investegate.co.uk/safecharge-int-grp--sch-/rns/safecharge-launches-marketplace-manager/201706270700021936J/ "SafeCharge launches Marketplace Manager, a one-stop shop solution for marketplaces to outsource payments The single API solution takes care of pay-ins, pay-outs and everything in between Copenhagen, June 27th 2017: SafeCharge (LON: SCH), the payments services partner for the world's most demanding businesses, today launches Marketplace Manager. The single API based solution relieves all payment pain points for marketplaces while enabling them to remain in full control of operations and user experience, for both buyers and sellers. It is the first solution to cover all the payment functions a marketplace needs, from a white label onboarding seller process, to ready to use checkout pages, and pay-out to sellers, all in a fully compliant way. Marketplaces are seeing unprecedented growth. According to a study by the Ecommerce Foundation, almost 40% of the world's online retail market will be controlled by marketplaces by 2020. etc"