Member Info for rivaldo

Very positive results and outlook today. EBITDA of €285k (before amortisation and exceptionals and after depreciation) is well ahead of the £130k forecast. Q1 of this year looks incredibly strong with €4.4m of revenues booked. Innovenn looks intriguing now that it's reached commercialisation, with lots of talk about "maximising shareholder value". Plenty of cash too, so the likelihood of more acquisitions is good. Pleasing stuff.

on 7th June, and judging by the trading update will have an extremely strong outlook which should continue to drive the share price. IMO CAR has the potential to double or treble from here in the next year or three.

...hopefully on Tuesday 31st May, the day after the bank holiday. Looking forward to them.

I've come across a page long article in the 21st April edition of Shares Mag which hasn't been mentioned here before, but has some extremely intriguing snippets, some of which are: - the long-term future for ACSO is the entire ticketing journey. In particular, "immediately apparent is transport logistics" - the article suggests perhaps a deal to be done with Uber, or some airlines in the USA - TB is also eyeing new markets such as sports, as ACSO already does some ticketing through the NHL, and apparently Brazilian football. Secondary theatre ticketing and digitised coupons are also options - with the new 10 year agreement with Six Flags and the 7 year agreement with Merlin, the internal revenue forecasts for 2022 (6 years hence!) are 70% secured already from the top 5 clients alone, covering around 200 theme parks, thanks to the recurring revnues. Total venues number 1,100-1,200 worldwide - the placing was snapped up by the likes of "BlackRock, Standard Life and other institutions"

I got hold of Finncap's 12th April Buy note - here it is FYI: "Year-end trading update BUY The group’s year-end trading update signalled that it is trading in line with existing expectations. The second half has delivered a much stronger performance across the group, boosted by a range of new customer programmes, capacity expansion and new product launches. With growth being driven mainly by internal action and investment, we consider the shares to be decent value. This is an encouraging announcement and should provide greater confidence in forecasts, which should also reflect well in the shares. We maintain our Buy rating. Technical Plastics has benefitted from a stronger H2, with a particularly strong performance from the US business, new business wins and capacity extensions. The UK has also seen strong demand. The new Chinese plant is now operational, with a promising forward pipeline. This year, Tucson and Bangalore will both see capacity expansion. LED Technologies delivered a good H2 performance, with Wipac super car lighting performing very well. There has been a high level of new business, with both new project wins and also with four programmes converted into production, including the new head and tail lamps for the new Aston Martin DB11. LED optics has launched a new range of optics clusters and has seen a strong H2. Precision Engineering has seen an uptick in the order book over recent months and traded well in H2. CDS. Technical progress has been on track. Furthermore, management has signalled that strategic options for the future of the diagnostics business are being considered, with progress moving ahead. Forecasts. No change to forecasts. Debt also remains in line with expectations. The latest triennial Pensions review has concluded satisfactorily, with a broadly similar annual payment as previously."

9 minute interview with TB FYI: Http ://www.proactiveinvestors.co.uk/companies/stocktube/4986/accesso-s-chief-seeing-good-growth-across-all-markets-and-products-4986.html?utm_source=Sign-Up.to&utm_medium=email&utm_campaign=7163-351212-Proactivity+-+04%2F05%2F2016 "Accesso's chief seeing "good growth" across all markets and products 14:38 04 May 2016 Tom Burnet, chief executive at theme park services provider Accesso Technology Group (LON:ACSO) talks to Proactive Investors about the key contracts the company has won recently, including the large win with Merlin. Burnet says trading has started well in 2016, and that the company is seeing "good growth" across all its markets and products. He says the company will continue to invest heavily on building the best products they can."

More director buying from DS just announced - that's £33,000 spent in the last 3 days in 3 separate buys. Hopefully this augurs well for contract news at some point: Http://www.investegate.co.uk/thalassa-holdings--thal-/rns/director-s-dealing/201605050700142854X/

RNS today - interims, which we know will be decent from the trading statement, will be out on 24th May. With an analyst briefing from management too: Http://www.investegate.co.uk/renew-holdings-plc--rnwh-/rns/notice-of-results/201605050700142760X/

Some comment in this morning's Telegraph: Http://www.telegraph.co.uk/business/2016/05/04/ftse-100-nears-one-month-low-as-miners-fall-on-weak-copper-price/ "Elsewhere, broker Jefferies began covering cyber security NCC Group by issuing a “buy” rating as it believes the business is “growing rapidly”, thanks to “well-thought out” acquisitions. In its wake, the mid-cap stock jumped 4.2pc to 275.5p."

Http://money.aol.co.uk/2016/05/04/4-smoking-small-caps-for-shrewd-investors-avon-rubber-plc-trifast-plc-carclo-plc--hill--smith-holdings-plc/ "Lighting it up Like Trifast, a healthy car market should underpin sterling results at Carclo(LSE: CAR). The West Yorkshire business provides lighting units for automobiles, and its Wipac division -- which provides product for supercars such as Aston Martin -- is performing particularly strongly at present. But cars aren't the be-all-and-end-all for Carclo, with the company also providing lighting across a variety of other applications, not to mention plastic products for the medical and electronics industry. And the business has opened new facilities and expanded existing bases across North America, Asia and Europe during the past year to meet future demand. The number crunchers expect earnings to keep rattling higher at Carclo, the firm is anticipated to enjoy earnings growth of 21% in the periods to March 2017 and 2018. The manufacturer deals on subsequently-cheap P/E ratios of 13 times and 10.8 times for these years."

Nice - Jefferies have today initiated coverage of NCC with a Buy and 320p target: Http://www.webbreakingnews.com/2016/05/04/ncc-group-plc-ncc-coverage-initiated-at-jefferies-group/ "NCC Group PLC (NCC) Coverage Initiated at Jefferies Group Posted by Dave Schultz on May 4th, 2016 // No Comments Jefferies Group began coverage on shares of NCC Group PLC (LON:NCC) in a report issued on Wednesday, Analyst Ratings Net reports. The firm set a “buy” rating and a GBX 320 ($4.69) price target on the stock. Jefferies Group’s target price would suggest a potential upside of 21.07% from the company’s current price."

News re ZYT's installations in industrial applications - medical, O&G, food processing etc. Worth reading: Http://zytronic.co.uk/insights/article/zytronic-pushing-touch-technology-to-the-extreme-in-industrial-applications/ Extract: "Zytronic – Pushing Touch technology to the Extreme in Industrial applications 03 May 2016 Traditionally, industrial and medical equipment designers have relied on mechanical switches and dials for system control, and for a long time this has suited the industry well enough. However the appeal of touchscreen enabled tablet PC’s and smartphones has led designers of industrial equipment to reconsider how users interact with complex machines and systems in the workplace. However, implementing touchscreen technology in often challenging environments is not straightforward. There may be many obstacles to consider and overcome, and some touch technologies may not be capable of operating in extreme conditions. But Zytronic are acknowledged leaders in the manufacture of durable touch sensors, and our technology is proven in the most demanding applications and environments. The combination of an intuitive interface, and our rugged projected capacitive touch technology continues to change how people interact with machines and computers in the workplace. etc..."

"Review: Install went smoothly, but I used Tarett Engineering stud kits instead of bolts for the calipers. I then closely followed the supplied instructions for bedding in, so that Pagid RSC1 material is properly transferred to the rotors. On track, the combination is an improvement over the stock PCCBs and stock pads. The outright braking power is significantly improved, as well as the feel. But, lets not kid ourselves, PCCBs are wooden compared to steel, but I am used to it now. The ST brakes seem to improve with more track miles and perform better with a little heat in them. The heat improvement is not a quantum jump, but noticeable over a lap or two. The brakes have not shown any sign of fade with the stock fluid, which I am changing out to Motul 660 soon. PCCBs run alot cooler than steel as well, so heat transfer to the fluid is reduced. For my little reality, the brakes made sense economically, and I like that they can be refurbished, and are an OEM engineered kit directly from ST. The brutal moment(s) of truth for me involved dropping the anchors approaching turn 12 at COTA at 150 plus and knowing that my spendy little white car was gonna make it with margin to spare."

Very positive new review of SCE's OEM replacement kit in a Porsche - a snip at $11,998: Http://rennlist.com/forums/991-gt3-gt3rs-and-911r/932365-review-oem-surface-transforms-pccb-rotor-kit-for-991-gt3.html "Hello Fellow Rennlisters, I took the Porsche PCCBs off my GT3 for safekeeping and replaced them with a turnkey OEM Surface Transforms PCCB kit from the UK. The Surface Transforms kit is approved as an OEM replacement part kit in Europe and Germany (under E90 and TUV). The kit includes the rotors and hats, spacers and bolts. The 5 mm spacers are used to accommodate the larger rear rotors, which are upgraded to 400 mm. Notably, ST only recommends Pagid PCCB pads such as the RSC1, as the pads and rotors were engineered as a package. I emphasize that this ST kit is not a rotor kit from Movit or RB, it is directly from ST UK and is engineered by them as a total package. We are all very familiar with the multiple threads and perhaps 100s of posts regarding the pros and cons and value propositions of PCCB vs steel, so I will only share that I did my own back of the envelope calculations and decided that the ST kit was worth it at $11,998. Moreover, the ST rotors are well proven and have been run by racers and weekend warriors like myself with success here and overseas, and guys are seeing ca. 5000 track miles before refurbishment at 2K a pop. The ST rotors may be good up to as many as 5 refurbishments (depending on how you drive), so they may be worth approximately 25K miles if you change pads at 40 % left and don't let the rotors get too worn. If you let the rotors go too far, you may miss one refurbishment cycle. That's correct: slightly grooved or showing signs of wear vs. carbon density measurement at about 5000 track miles. Carbon density measurements may be performed on these rotors, but the results are in question. The 5000 number comes from ST and the distributor, after feedback from racers who are realizing multiple seasons out of the ST PCCBs. This ain't no GTR godzilla track day hearsay, but I don't believe alot of what I read on the interweb, and the reader may be skeptical of this post as well! To refurbish, ST skims off 0.2 mm to remove degraded oxidized material, performs a chemical process to recover the surface stoichiometry and composition, followed by Hades style baking. The life of the rotor is ca. 2 mm total thickness reduction. As covered prior, the ST rotors are made by a different process than the Porsche Brembos, so the refurbishment process is possible and repeatable. I watched a video on the Brembos on youtube and perused the ST patents as part of my DD."

The published spread has narrowed a little to 19p-21p, but ALWAYS ignore this - you can usually buy (or sell) well within the published spread.

Gold hit $1,300 briefly today, and OMI are doing rather nicely in tandem. Lots more to come imo if the gold price just stays at this price, let alone if it moves up.

Galvan Research this weekend tipped their top 3 AIM stocks for Q2'16, and SOM was one of them - here's some extracts: "Somero Enterprises (SOM) Our third and final stock pick for Q2 is Somero Enterprises, a company which has developed a revolutionary way to lay concrete floors much quicker and flatter than ever before. Somero designs, makes and sells laser-guided flooring machines which save customers both time and money. It’s listed here in the UK on AIM, but headquartered in the States where most of its revenue is currently generated. Both sales and profits are growing quickly as Somero’s patented technology is being snapped up by floor laying companies across the world. Its machines can already be found in 93 different countries but there’s still massive growth potential, particularly in Asia - where Somero has only just begun to dip its toe in the water. Last month full-year figures for 2015 revealed forecast beating sales and the current year has got off to a solid start too. At the current price, we think the shares offer great value and should rise considerably over the next few years... Disruptive new technology These days, almost every new building in the developed world will have a concrete floor and obviously this needs to be flat. Traditionally this is achieved by raking the wet concrete and then manually smoothing it with planks of wood. It can be a very labour intensive, time consuming process and with wage costs rising quickly Somero’s technology has become very attractive indeed..... ....Huge growth potential in China Although Somero plans to continue rolling out its products right across the globe, it’s going to be focussing heavily on China over the next few years. This represents a huge potential market for its flooring machines, which could be worth around $1.2 billion in annual sales. In fact it’s such a big market the recent economic dip there shouldn’t be cause for concern. China uses around 30 times as much cement as the US each year, so even if the market halves that’s still an incredible amount of room to grow.... ....The shares look like great value Back in 2013 Somero unveiled a strategy to grow total annual sales from $45 million to more than $90 million by 2018. Things are going well so far and 2015’s full-year figures showed a forecast beating 18% rise in revenue to $70.2 million, with sales hitting an all-time high in December. There was also an impressive 40% jump in pre-tax profit to $17.4 million and 25% increase in dividend payments to 6.9 US cents (around a 3% yield). The current year has got off to a good start too, with a healthy-looking order book and some exciting new products being rolled out. At the current price Somero shares look like great value, especially considering there’s around $12 million net cash on the balance sheet to underpin future growth. We rate them a buy."

Fabulous contract win. Finncap's 45p target price looks more and more realistic. Lovely long-term earnings providing great visibility going forward. And as it's for civil aviation it "underlines SimiGon's potential to access a much larger addressable market and has the potential to enable SimiGon to expand further into other civilian aviation industries with similar opportunities." The m/cap remains at just £9.6m at 19p, yet at 31/12/15 SIM had almost £7m of cash and net current assets and is on course for 1.9p EPS with a 0.49p dividend this year.

Good news on the GAN thread re the likelihood of online gambling in Michigan coming closer: Http://www.gan.com/news/2016/04/online-gambling-proposed-in-michigan "Online Gambling proposed in Michigan 29 April, 2016 In good news for the industry, an online gambling bill has been introduced to the Michigan State Senate. The bill is Senate Bill 889, better known as the Lawful Internet Gaming Act, or LIGA. It was sponsored by Republican State Senators Mike Kowall and Marty Knollenberg and Democratic State Senators Curtis Hertel Jr, Rebekah Warren and Bert Johnson, and has been referred to the Committee on Regulatory Reform. If the Bill passes it will authorize both online poker and casino games and the bill is expected to use the iGaming set-up in New Jersey as a model.... .....It is not particularly surprising that Michigan is one of the states moving forward with online gambling, as it is also one of only three states that operates some form of legal online lottery. Furthermore, it is one of several US states currently debating the legality of Daily Fantasy Sports. This pre-existing experience and comfort with the idea of online gaming/gambling means that progress of the bill could be smoother and quicker than has been the case in other states. This means that if the Bill has the requisite support, it could potentially pass this year. However, there is the possibility that the bill stalls or is put on hold, considering that it is currently a presidential election year. The introduction of this bill is fantastic news for the industry. At GAN we have talked about our optimism for movement concerning online legislation this year, and we maintain our position that as states start to legalise and earn money from online gambling, a domino effect will speed up progress exponentially around the country. For now, we will keep our eye on Michigan as one of the states with a promising outlook for 2016. GAN previously wrote about prospects for legalising online gambling in 2016 here: hxxp://gan.com/news/2016/03/online-legislation-prospects"

Good news: Http://www.gan.com/news/2016/04/online-gambling-proposed-in-michigan "Online Gambling proposed in Michigan 29 April, 2016 In good news for the industry, an online gambling bill has been introduced to the Michigan State Senate. The bill is Senate Bill 889, better known as the Lawful Internet Gaming Act, or LIGA. It was sponsored by Republican State Senators Mike Kowall and Marty Knollenberg and Democratic State Senators Curtis Hertel Jr, Rebekah Warren and Bert Johnson, and has been referred to the Committee on Regulatory Reform. If the Bill passes it will authorize both online poker and casino games and the bill is expected to use the iGaming set-up in New Jersey as a model.... .....It is not particularly surprising that Michigan is one of the states moving forward with online gambling, as it is also one of only three states that operates some form of legal online lottery. Furthermore, it is one of several US states currently debating the legality of Daily Fantasy Sports. This pre-existing experience and comfort with the idea of online gaming/gambling means that progress of the bill could be smoother and quicker than has been the case in other states. This means that if the Bill has the requisite support, it could potentially pass this year. However, there is the possibility that the bill stalls or is put on hold, considering that it is currently a presidential election year. The introduction of this bill is fantastic news for the industry. At GAN we have talked about our optimism for movement concerning online legislation this year, and we maintain our position that as states start to legalise and earn money from online gambling, a domino effect will speed up progress exponentially around the country. For now, we will keep our eye on Michigan as one of the states with a promising outlook for 2016. GAN previously wrote about prospects for legalising online gambling in 2016 here: hxxp://gan.com/news/2016/03/online-legislation-prospects"