Member Info for rivaldo

7.63p adjusted EPS was way ahead of 6.82p expectations! The forecast for THIS year (2017) was 7.68p EPS, so this may now have to be increased. Good outlook too: "2017 has started well with continuing sales growth and new record levels of orders in hand and we remain both confident of our prospects and enthusiastic about the future." EPS was helped by a lower tax charge, and there are also big adjusting items being the first year post-IPO. Overall these are very good results - and I'd assume there will be further acquisitions at some point.

Bought some more this morning - excellent results. CTO are cheap purely on fundamentals given 11.7p historic EPS - then add in the £9.2m cash against a £35m m/cap and it's looking pretty good. There should be some nice tips in the press for CTO too after this.

A couple of points from Panmure's note today FYI.... Firstly, "Sharply rising energy prices are likely to drive demand for INSE’s services in our view. Electricity price volatility is at its highest level since 2003, and power prices have risen 30%+ over last 12 months." Secondly, they already forecast 1.5p EPS this year, but "consider the strong order book growth as supportive to the possibility of upgrades to revenue consensus in due course". Finally, INSE "trade on an unmerited c.20% discount to the market. Our 21p target price suggests a 2017 PE rating of only 14x, an undemanding multiple for INSE’s strong organic growth, impressive margins, rapid deleveraging and high-visibility. The shares replaced those of SMS.L recently as our top-pick in the energy services subsector, after the latter doubled last year."

with IAG announced today. Perhaps they could have announced it as an RNSNON even if it wasn't quite material enough to be a full RNS? Anyway, it's certainly impressive: Https://www.ideagen.com/company/news/ideagen-secure-iag-contract/ "Ideagen, a supplier of information management software to organisations in highly regulated industries, is pleased to announce it has secured a contract to provide International Airlines Group (IAG)  with a safety and risk management and reporting software solution. IAG, parent company of Aer Lingus, British Airways, Iberia and Vueling, will adopt Ideagen’s cloud-based safety and reporting software product, Coruson, to implement a safety and risk management system across the Group. Coruson, a SaaS software product, will enable IAG’s portfolio of airlines, cargo operators and maintenance repair organisations to proactively manage safety and security and provide staff with a mobile incident reporting application. The IAG contract strengthens Ideagen’s position in the aviation safety sector. The company already provides software and services to over 100 regional and national airlines including Emirates, KLM, Thomas Cook, Brussels Airlines, Spirit Airlines and Air Transat. etc"

PTSG have already said they traded in line with previously upgraded expectations of 6.82p EPS for last year. This year's forecast is currently 7.68p EPS (consensus), so a P/E of 13.5 is pretty good value, especially given 40% EPS growth in 2016 over 2015's 4.87p EPS.

Neil Woodford's funds have bought a 10% holding with 26.1m shares - half of last week's placing! That will certainly get the market's attention. Wouldn't surprise me if we get a decent share price rise on the back of that. And also a second RNS today - BlackRock have gone above 5%: Http://www.investegate.co.uk/watkin-jones-plc--wjg-/rns/notification-of-major-interest-in-shares/201703271320036340A/

FYI, here's Simon Thompson's tip for SOM from last week on the IC web site: "Aim-traded shares in Somero Enterprises (SOM:282p), a Florida-headquartered company specialising in the design, assembly and sale of patented, laser-guided concrete levelling equipment for commercial floors, have taken out my upgraded 275p target price ('Four trading plays', 16 January 2017), and doubled in value since I first recommended buying at 140p ('On solid foundations', 22 April 2015). The operational performance fully supports the ongoing re-rating: the company has just posted a 27 per cent increase in full-year EPS to 26.2¢, better than analysts had expected, and the trading outlook prompted analyst David Buxton at brokerage finnCap to upgrade his current year EPS forecast by almost 5 per cent to 27.4¢. As I have pointed out before, not only is the business heavily exposed to the buoyant US market - the region accounts for three quarters of Somero's revenue - but trading activity is being boosted by a combination of new product launches and a healthy non-residential construction market, both of which are supporting demand for replacement equipment, technology upgrades and fleet additions. For good measure, the company is a likely beneficiary of the Republican administration's plans to grant US$137bn (£112bn) of tax credits to construction companies to leverage US$1 trillion of infrastructure investment, and proposals to cut corporation tax to further stimulate investment spend. A key take for me in Somero's 2016 financial results was the robust cash generation which has boosted closing net funds by 60 per cent to US$20.2m, a sum worth almost 30p a share, and that's after taking into account US$4.4m of capital expenditure and the payment of US$4.2m of dividends. This has enabled the board to lift the dividend per share by 61 per cent to 11.1¢ and a special dividend is likely to be announced later this year. Mr Buxton predicts a 17.8¢ special payout in addition to the normal dividend announced, implying the shares offer a prospective dividend yield of 8.4 per cent. That's attractive as is a cash adjusted forward PE ratio of 11. In the circumstances, I have raised my target price from 275p to 325p to value the company on a more reasonable cash adjusted PE ratio of 13. Buy."

FYI the IC tipped SCH last week as follows - highlighting an ex-cash P/E of just 9... "Payments services company Safecharge (SCH) has continued to grow at an impressive rate. Its processing volumes - the value of transactions handled by the company - reached $8.1bn (£6.5bn) in 2016, up 17 per cent. This was due primarily to growth in volume from existing clients, supplemented by the addition of new high-volume customers. The group also expects a further $1bn in annualised processing volumes from clients during 2017. The group’s dedicated platform, SafeCharge Acquiring, also grew strongly, with volumes of $970m for the year, up from $191m in 2015. The restructuring of the group's Pay.com pre-paid cards business, other cost reduction initiatives and the higher revenue helped improve adjusted cash profit margins to 32 per cent, from 31.2 per cent in 2015. This measure is especially important given that the company continues to pay out three-quarters of adjusted cash profits as dividends. The group is looking to diversify into new sectors and geographies. During the year, it began the global rollout for its first airline customer, as well as taking on new customers in Romania, Italy and Portugal. Analysts at Canaccord Genuity are forecasting adjusted earnings before interest, tax, depreciation and amortisation of $36m, giving adjusted diluted EPS of 23¢ in 2017 (from $33.3m, 20.7¢ in 2016). IC VIEW Safecharge is growing strongly, and the cash position on its balance sheet remains strong. Excluding that cash, its shares are trading on a forward earnings ratio of nine. Given the yield on offer, it's hard to say no. Buy."

Today's RNS confirms that we'll get an AGM trading update next month - on the 26th April, so not long to wait: Http://www.investegate.co.uk/petards-group-plc--peg-/rns/posting-of-accounts-and-notice-of-agm/201703270740025709A/ I also note from today's Times that two of PEG's main customers, Bombardier and Hitachi, look like combining to build £2.75 billion of new HS2 trains - with another £2.5 billion of new trains set for London's new "deep Tube": Http://www.thetimes.co.uk/edition/business/train-builders-set-for-joint-hs2-bid-kxpf6g2zk "Train builders set for joint HS2 bid Britain’s two train manufacturers could team up to build £2.75 billion of superfast rolling stock for the High Speed Two rail project. With HS2 due to start canvassing soon for bids to deliver 60 225mph trains, each able to carry 1,000 passengers by 2026, Bombardier and Hitachi seem increasingly likely to pitch together for the contract. That would replicate the joint venture they formed to bid for the London Underground contract to build Tube trains in Derby and Durham for the Piccadilly, Central and Bakerloo lines.... ....The competition for HS2 bears similarities with the bidding for Transport for London’s £2.5 billion deep tube. Both are demanding all-new trains for unique environments, and will need well-funded bidders . Both also offer the chance to give a huge boost to renascent British train manufacturing."

Good to see small buying causing a tick up - not much available stock out there?

Three separate buy trades of 66,773 shares at 120p reported already this morning, plus another 20k buy also at 120p.

Panmure Gordon say Buy this morning and have reiterated their 1.5p EPS forecast for this year. That puts INSE on a current year P/E of just 10.8 for this year. I've bought some more following the small profit-taking this morning.

Looks like short-term traders who bought pre-results have been getting out - volumes are tiny and the stock is pretty illiquid. To reinforce this, there is hardly any stock available to buy online as I write. A buying opportunity imho given the fundamentals and the outlook going forward, especially with the new JV with BBA, with Wheels Up's expansion and with the recovery in Europe..

1.27p EPS is well above forecasts of 1.1p and 1.19p from Shore Capital and Panmure Gordon. The 0.45p dividend is right at the top end of expectations. Order books are very high, with strong revenue visibility. And the outlook is great: "2017 has started positively with the performance seen in 2016 continuing into the current year and the Board is confident that the Group will continue to go from strength to strength in 2017." This year should produce 1.45p EPS or more, giving a current year P/E of only around 11 or 12. This is a very impressive, well-managed company.

Lots of different EPS figures to use, but I suspect this is the most useful - 31.5c is 25.4p, which is above consensus forecasts of 24.61p EPS: "Underlying EPS is down 18.9% to 30.1 cents (2015: 37.1 cents). However, the EPS in 2015 benefitted from a tax credit of $2.5m against a tax charge of $0.6m in 2016. On a like-for-like basis, the underlying business produced an EPS of 31.5 cents in 2016 compared to 31.2 cents in 2015." That's a historic P/E of only around 8.7, with 27.11p EPS forecast this year. Decent results given the already known downturn last year in Europe, but the outlook this year is much more bullish, especially for the USA and with Europe recovering in both Ground and Air. Cash could be better given poor w/cap, but they specifically talk about improving this for this year. I do like the very positive outlook: "2017 has started well and our expectations for the year remain unchanged. The US market remains very buoyant and with our enlarged US Air platform, as well as the contracted growth from Wheels Up, we expect the division to continue to grow strongly. Similarly, the roll out of new maintenance bases, coupled with the significant cross selling opportunities that arise from the enlarged fleet within US Air, give us confidence that the US Ground division should also continue to grow strongly. In Europe, we expect to see a return to modest growth in Air and Ground. We are encouraged by the recent contract wins across both divisions and some early signs of a pick-up in discretionary spend in Europe Ground. We expect the progress within our Asia and Middle East divisions to continue as these operations develop. Overall, the Group is well positioned to deliver growth and performance in 2017 in line with our expectations. "

I can understand a bit of recent profit-taking from some, but Monday's results and outlook should be very strong, setting us up for current forecasts between 1.3p and 1.45p EPS this year, strongly up from 1.1p-1.19p last year. Which leaves INSE on a rather cheap rating. And the 0.5p dividend forecast for this year gives around a 3% yield too.

Loads of small buys coming in, and now starting to impact on the share price.

on excellent volumes again. Lots of bottom fishing going on methinks.

Good to see the Naked Trader buying in yesterday (and buying SCH too, which I also own): Http://www.nakedtrader.co.uk/ "The other is the lovely Somero (SOM) . That just had to be bought - in the right area at the right time with great fundamentals. One mag today has also written a story suggesting it could be a takeover target. If they are right, I wonder whether there could be substantial upside up to 450p? Although a US share it is buyable in an ISA but some firms ask for a form to be filled out first."

A good sign to see the COO buying £12k of shares: http://www.investegate.co.uk/safecharge-int-grp--sch-/rns/director-pdmr-dealing/201703231626493872A/