Member Info for rivaldo

Https://buyingbusinesstravel.com/news/1626996-conference-report-business-aviation "Flying privately is about to become significantly more accessible to businesses. Why? Because the European Aviation Safety Agency (EASA) recently announced plans to relax the rules for night and IFR (bad weather) passenger and cargo flights using single engine turboprop (SETP) aircraft...." "GAMA Aviation’s Duncan Daines also said business aviation was entering an interesting era with the advent of International Air Transport Association’s New Distribution Capability (NDC) platform, whereby commercial airlines can more easily advertise ancillaries, inferring he believes it could open new doors for business aviation too."

I notice that in their latest note, Finncap say: - net cash should increase to nearly $26m by this year end - they suggest a special dividend of say $10m, equating to almost 15p per share - together with the core dividend this would give a total dividend yield of over 9% - SOM's rating is still significantly lower than their US (and also UK) peers The latter point indicates that SOM may become a takeover target, especially imo given the age of the CEO.

Looking terrifically strong and set for more rises - now I can only buy just 1k maximum at 31p, whilst I can sell at least 100,000 at 30p.

Great to see the CEO buying £122,000 of shares at 111p.

I can only buy 10k maximum at 30p, whilst I can sell 50k at a premium at 28.73p.

Looks like things are turning for the better....online the maximum I can buy has reduced sharply to 3.5k at 524.9p, whilst I can now sell 6k at 508.2p.

Good to see a 30k buy cause a nice positive turnaround this morning after those chunky trades. Worth noting Cantor Fitzgerald's current forecasts: last year : 0.88p EPS, 0.18p dividend this year : 1.94p EPS, 0.19p dividend

RNS today - great to see Gervais Williams' Miton Trust buying almost another 500,000 shares, and going above 4% with 1.43m in total: Http://www.investegate.co.uk/petards-group-plc--peg-/rns/holding-s--in-company/201703170700087478Z/ And yesterday there was a 29,800 share buy at 31p near the close - a full 2p above the 29p published offer price.

1012 GMT [Dow Jones] Canaccord Genuity analyst Caspar Trenchard starts coverage of Xaar (XAR.LN) with a buy rating and target of 1,000p, well in excess of the current price, saying the printing technology company is in a strong position to negotiate changes in the printing market, with expertise in areas such as thin film printing. Xaar also has a strong balance sheet, with cash equal to a quarter of its market cap and good cash generation, he notes. Shares are up 3.1% to 337p.

I bought some of these for the first time this morning after today's news. Telenor are huge..... Http://www.investegate.co.uk/imimobile-plc--imo-/rns/imimobile-signs-agreement-with-telenor-group/201703160700096121Z/ "IMImobile signs Global Framework Agreement with Telenor Group London, 16 March, 2017 - IMImobile, a cloud communications software and solutions provider, today announces that it has signed a Global Framework Agreement with Telenor Group following a competitive tender process. Under the agreement, IMImobile will supply its cloud Digital Service Delivery Platform, VAS (Value Added Services) Virtualization System and services for Telenor Business Units across the Telenor Group. The platform will be deployed in a secure cloud environment, and will support Telenor's long term vision to virtualise network capabilities and improve the efficiency of its core business. Telenor Group is one of the leading mobile operators, providing tele, data and media services for 214 million subscribers in 13 markets across Scandinavia, Central and Eastern Europe and Asia. etc"

RNWH are tipped in a new iii article re 10 great stocks that meet Jim Slater's Zulu strategy rules: Http://www.iii.co.uk/articles/397829/10-great-stocks-meet-jim-slater%E2%80%99s-zulu-strategy-rules?utm_campaign=afternoon%20update%2015.3.17&utm_content=1010949371988&utm_medium=email&utm_source=SmartFocus

INSE are tipped in a new iii article re 10 great stocks that meet Jim Slater's Zulu strategy rules: Http://www.iii.co.uk/articles/397829/10-great-stocks-meet-jim-slater%E2%80%99s-zulu-strategy-rules?utm_campaign=afternoon%20update%2015.3.17&utm_content=1010949371988&utm_medium=email&utm_source=SmartFocus

FYI, which accounts for the markdown on opening. And considering the dividend is 3p, XLM are actually up today given the share price is only down 1.75p.

SOM have just been tipped here: Http://money.aol.co.uk/2017/03/15/this-high-flying-stock-should-keep-on-soaring/ "Soaring shares Shares in Somero Enterprises(LSE: SOM) have climbed by 150% over the past two years, but even at 281p I'd say they still look good value. Full-year results reported on Wednesday showed a 22% rise in pre-tax profit and a 23% rise in adjusted net income per share. Net cash soared by 60% and the company was able to to hike its dividend by 61% to 11.1 cents per share. CEO Jack Cooney spoke of "record revenues, profits, and cash flow" and "the strongest balance sheet in our history". And speaking of the firm's prospects for 2017 he enthused "We are financially stronger than ever, have the broadest product portfolio in our history and have made significant investments to increase our global reach". Sounds great, but what does the company do? It produces laser-guided equipment for laying and levelling flooring, and offers products that include laser screed machines, concrete hose line-pulling and placing systems, ride-on screed products... No, I don't know what they are either, but sales are growing strongly in North America, Europe, Australia and China. On a fundamentals front, Somero shares are on forward P/E multiples for this year and next of around 11, with no real EPS growth forecast for the two years overall. But in the light of these results and the firm's upbeat outlook, I can see those being re-rated upwards in the coming months. As a result, I think Somero shares are good value."

Finncap have today retained their 95p target price and say the results were in line with expectations. They forecast $20.1m EBITDA this year! To me the outlook looks excellent, but the short-term reaction has been muddied by the (relatively small) non earnings-enhancing new investment and the further investment into new rigs - which is necessary for all the new work, but means the cash position has fallen. Hopefully the market will look at the growth and see what's going on behind the headline numbers. This is one of my smaller investments, but I might buy some more, especially if the gold price is stable and/or continues to rise as it is currently. Finncap conclude: "Valuation. After a strong run, the shares have recently seen some profit taking and now offer an excellent buying opportunity. We recently increased our forecasts with the exploration market starting to see a recovery. The shares are currently trading on an EV/EBITDA of 3.6x in 2018 and a P/E of 13.5x. Our unchanged 95p PT is based on an EV/EBITDA of 6.4x in 2018, which indicates considerable upside. With market activity improving and as new contracts are expected to have a strong drop through to profitability, we consider forecast the risk to be on the upside reinforcing our enthusiastic stance."

Nice 75,000 and 65,000 buys at 111.5p have caused a tick up.....

Cash at 30/6/16 was £18.5m, so at the year end is certainly likely to be £19m+ conservatively, compared to the now £21.3m m/cap. It's almost a cash shell, with the 3 businesses valued at virtually nothing. And I've often seen listed cash shells with much greater premiums to their cash than this :o))

On Monday Premier Energy & Water Trust PLC reported their results. OPG is their largest holding at 8% of their total investments (£4.475m valuation), and they had this to say: Http://www.investegate.co.uk/premier-energy--38-water--pew-/prn/final-results/20170313163500P809E/ "PEWT’s largest investment, OPG Power Ventures (“OPG”), performed exceptionally well operationally, fully commissioning its second coal fired power station in Gujarat. As such interim results for the six months to September were strong, with a 40.8% increase in earnings, together with the declaration of a maiden dividend. OPG’s next investments will be in solar power, which should provide highly visible long term earnings. Despite the company’s positive development, its share price fell by 24.7% over the year."

from 254p - good to see: https://www.sharesmagazine.co.uk/news/market/5512998/Broker-Forecast-finnCap-issues-a-broker-note-on-Somero-Enterprises-Inc

Https://www.ideagen.com/company/news/the-a2-milk-company-choose-ideagen-coruson-for-qms/ Looks quite sizeable - worth noting: "The a2 Milk Company (a2MC) , the international dairy nutritional company, is to roll out a cloud-based software solution from Ideagen as its global quality management system. Ideagen Coruson, Ideagen’s Governance, Risk and Compliance (GRC) software solution, will be implemented across the company’s sites in Australia, America, China and the UK."