Member Info for rivaldo

DJ report notes Canaccord confirming that results were ahead of expectations... "LONDON--Somero Enterprises Inc (SOM.LN), an industrial machinery manufacturer, Tuesday recorded a rise in earnings, boosted by cost savings and higher revenue. Pretax profit for the year ended Dec. 31 rose 40% on the year to $17.4 million. Revenue rose 18% to $70.2 million, which it said is ahead of market expectations, led by North America, Europe and the Middle East. North American revenue grew 32% to $49.2 million. "The healthy increase in non-residential construction spending spurred customer demand for replacement machines, fleet additions, and technology upgrades," said the group. The company, which makes laser-guided proprietary technology, said China remains a key target for future revenue growth. It proposed a final dividend of five U.S. cents per share, resulting in a total dividend of 6.9 cents, up 25%. "By every measurement, 2015 was a tremendous year. We grew the business significantly, we expanded our product portfolio with innovative new products, we made progress in developing key new markets," said Chief Executive Jack Cooney. "We see 2016 as an exciting year full of opportunity. We believe we are well positioned to capitalize on expected growth in our core U.S. and other existing markets, extend our global footprint and grow revenues from new products," added Mr. Cooney. At 1106 GMT, shares had risen 9.3% to 147 pence, valuing the company at GBP75 million ($104 million). Canaccord analyst Matthew Walker said the results are ahead of the broker's expectations, noting the outlook in the U.S. is particularly robust."

Apologies - meant to write Canaccord, not Finncap.

Finncap have increased their price target to 190p after today's terrific results.

Just noticed that whilst I was on hols recently there was significant director buying here: Http://www.investegate.co.uk/gama-aviation-plc--gmaa-/rns/director-pdmr-shareholding/201602160700081422P/ Not bad at all - 65,000 shares bought at 268p, i.e around £175,000, so quite significant amounts. More to the point, the buys are timed at the very last moment the directors could buy before the closed period kicks in pre-results. Which indicates that the results and outlook should be good, as per the in-line trading statement. Finally, it's particularly interesting to see the CFO buying over £50,000 of stock - in a maiden purchase. This is usually a very good signifier.

Around 16.4p EPS compares to consensus forecasts of 14.4p. The 4.93p dividend compares to forecasts of 4.5p. SOM also has $1`2.6m net cash, even after all the investment of 2015 in new products and facilities. The result is even better considering the big decline in China sales - I'd imagine this will turn around this year given the efforts and ideas being implemented. The outlook is extremely confident, and certainly the comments regarding conditions in the main US and European markets, plus growth in the Middle East and elsewhere, bode well for this year.

News - Wipac are seeing "huge savings" from bringing 3D printing inhouse. Note also the "pipeline of work scheduled which will require the machine to run solidly, 24-7, until April, a fact which highlights just how quickly the technology has become an integral part of our day-to-day operation": Http://3dprinting.co.uk/blog/wipac-creates-3d-printing-efficiency/ "Laser Lines and Wipac create 3D printing efficiency This week's blog looks at how we helped one of our automotive customers bring 3D printing in-house, saving both time and money. Wipac designs and manufactures exterior lighting products for the world's premium car makers including Aston Martin, Audi, Bentley, Bugatti, Lamborghini and Rolls Royce. It prides itself on being a technology leader in this market, with state-of-the-art design, development, test and manufacturing facilities producing very high quality products. A lengthy process One area where Wipac felt it could improve efficiencies was in the manufacture of masks for headlight housing. This was a manufacturing process that Wipac outsourced and, as Dan Cobb, production engineer at Wipac, explains, a process that could be quite time consuming: "After doing the design work in-house, we would send the design out for quotes which obviously took time to come back, and then there would be another wait of two or three weeks to have the design manufactured. If, after trialling the product, we found it wasn't suitable, we'd be back to square one again, meaning it could take weeks or even months to get just one correct mask produced." etc"

Good news - GMAA has achieved ISO 9001:2015 accreditation, "the first company to be accredited by TUV Rheinland North America, a global leader in testing management systems": Http://www.adsadvance.co.uk/gama-aviation-achieves-iso-9001-2015-registration.html

Good news - Cantor have just issued a new Buy note with an increased target price of 40p (up from 25p).

See this analysis posted elsewhere re the growth in top level domains - and in CNIC's share of them: gTLD market share March 2014 - Total gTLDs 400k 1 April 2015 - Total gTLDs 4.9m (940k xyz) (965k CNIC Total) 26 April 2015 - Total gTLDs 5.2m (970k xyz) (999k CNIC Total) 11 May 2015 - Total gTLDs 5.5m (995k xyz) (1.04m CNIC Total) 31 July 2015 - Total gTLDs 6.7m (1.2m xyz) (1.32m CNIC Total) 13 Sep 2015 - Total gTLDs 7.4m (1.37m xyz) (1.45m CNIC Total) 10 Nov 2015 - Total gTLDs 9.5m (1.54m xyz) (2.0m CNIC Total) 15 Feb 2016 - Total gTLDs 12.71m (2.3m xyz) (3.04m CNIC Total) 22 Feb 2016 - Total gTLDs 14.15m (2.54m xyz) (3.36m CNIC Total)

ETO's film Spotlight won Best Film last night. This is a great boost for the ETO brand and can't help but boost their profile and reputation. And of course it should boost box office and DVD/online revenues too: "EOne is handling international sales of “Spotlight” in all territories outside of the U.K., Canada, Spain, Benelux and Australia/New Zealand, where the company is distributing the film directly, and in the U.S., where the film is being distributed by Open Road, which is planning for a wide release." http://variety.com/2015/film/festivals/sony-picks-up-mark-ruffalo-michael-keaton-movie-spotlight-in-multiple-countries-1201495943/

Cantor reiterate their Buy and 130p target: Http://www.franklinindependent.com/analysts-at-cantor-fitzgerald-maintained-their-buy-rating-for-opg-power-ventures-plc-lonopg-the-price-target-given-is-gbx-130-00/ The Gujarat delays are in the past - and reflected in the share price. It's now time to look forward. Around 30% EPS growth in the coming year to 9.4p EPS - plus the initiation of dividends - should be enough to tempt some institutional investors.

Good to see HAYT attracting a little attention: Http://www.*************.com/views/18882/this-engineer-could-power-ahead-in-a-niche-market Forecasts remain at 8.2p EPS for the year about to end , and 8.8p EPS to 31/3/17 (with 1.4p and 1.55p dividends). Christopher Mills' Oryx had this to say recently about HAYT as one of its top holdings (and remember that HAYT recently raised £8m at 90p to repay borrowings, refinance them at a cheaper interest rate, and get net debt:EBITDA below two times EBITDA): Http://www.oryxinternationalgrowthfund.co.uk/files/file/download/id/233 Hayward Tyler Group Plc Cost £4,492,574 (6,000,000 shares) Market value £4,440,000 representing 4.45% of Net Asset Value Hayward Tyler is a world leader in boiler circulation pumps and is engaged in the manufacturing, design, engineer and service of fluid filled electric motors and pumps for the energy sector. The company has a market leading reputation and is an established player in the Original Equipment and the Aftermarket segments. The Company’s original equipment segment includes the design and manufacturing of pumps and motors serving the power, oil and nuclear industries. It is potentially a major beneficiary of the soaring demand for power in China where 1,200 power stations are expected to be built over the next twenty years. The company’s installed base provides a secure source of highly attractive long term revenues and profits. The other businesses, which comprise 10% of sales, is in the oil and gas services industry. This is good high margin business. To date, the company has not been impacted by the reduction in the global oil price. The company is currently undertaking a major refurbishment of its UK factory headquarters based in Luton at a total cost £8.5m including plant and machinery which will be completed by December 2015, and funded partly through a government grant and partly through debt. This will reduce working capital and net costs whilst increasing the capacity of the facility and the future capability to be able to compete for substantial nuclear contracts that should become available over the next few years. The outlook for the business over the medium term looks highly favourable with profits capable of rising to £8m - £8.5m (EBITDA £9.25m - £9.75m) by March 2018 as the benefits of the new plant become apparent."

Numis reiterate their Buy and 110p target price: Http://www.risersandfallers.com/2016/02/26/harvey-nash-group-plc-lonhvn-receives-buy-rating-from-numis-analysts-2/

The update looks fine - nice and stead, with no slip-ups. Just what the market likes. On track for 7p-7.5p EPS for the year about to finish, with 9.4p EPS for the coming year. The Q4 update will update re likely year end dividends too. The closing comment is promising: "With the Indian economic outlook improving, with subdued fuel costs and key sector reforms being implemented, we remain positive about our long term growth outlook."

An extremely good update too considering the share price performance, which appears to have got things wrong. Trading is nicely in line with expectations, which are for 9.2p EPS, with a 3.88p dividend. And HVN are in net cash too. Currency movements should now be helping HVN this year, with expectatiuons of 9.6p EPS with a 4.1p dividend. Back to 100p now - or more.

Firstly, from Merlin's results today ACSO get an unusually high profile and enthusiastic mention.... "We also continue to develop new ways of exploiting the synergies which arise from the Group's scale. Over the next few years the biggest focus of this will be on the ways in which we can enhance the customer journey via imaginative use of technology. The central aspect of this will be the accesso® admissions / ticketing system, which started to rollout in 2015 after successful pilots, augmented by on-site downloadable apps and ibeacons to send visitors targeted messages. These new systems are also facilitating the data capture which will enable us to expand our CRM activities considerably in key markets meaning we can communicate with our customers on an ongoing basis." Also a very interesting RNS from Merlin this morning, taking a stake by investing $34.4m in and forming a partnership with the pretty sizeable Big Bus Tours group: Http://www.investegate.co.uk/merlin-entertain--merl-/rns/strategic-partnership-and-investment/201602250700090848Q/ Doesn't take much imagination to see ACSO taking over Big Bus's ticketing given these comments: "The significant overlap in geographic footprint and creation of memorable customer experiences enables opportunities to cross-sell and promote tickets for both companies. Together, we will also be able to offer compelling new products, bundles and city passes to further delight our customers." "Big Bus Tours is the leading global owner- operator of Hop On Hop Off city tours, currently operating in Abu Dhabi, Budapest, Chicago, Dubai, Hong Kong, Istanbul, Las Vegas, London, Miami, Muscat, New York, Paris, Philadelphia, Rome, San Francisco, Vienna and Washington DC."

RNS today - good news. Richard Griffths has added a further 2,081,099 shares to his collective holding over the past month and now has 27,259,092 as the largest shareholder in the company. He has now increased his shareholding by 87% over the past 7 months, from 14.6m (7%) to 27.3m (13%): http://www.investegate.co.uk/communisis-plc--cms-/rns/holding-s--in-company/201602231152438840P/

Excellent news last week re the grants from Liverpool and Knowsley and the factory expansion. Things are really happening now for this still only £9.9m m/cap company. In addition, there's a new article highlighted by SCE on their Facebook page - BAC Mono are not only planning to more than double production of their existing model with SCE's brakes, but there's a second model in the pipeline too. A second car is some way off, but this all adds to SCE's brand and reputation - and eventually revenues: Http://www.ibtimes.co.uk/bac-mono-this-liverpool-made-single-seater-supercar-ultimate-luxury

Nice - Peel Hunt today initiate coverage with a Buy and a 1200p target... Http://www.smallcapwired.com/accesso-technology-group-lonacso-gets-coverage-from-peel-hunt-with-gbx-1200-00-pt/43827/

Evil Knievil bought more OMI yesterday.... http://masterinvestor.co.uk/evil-diaries/the-evil-diaries-orosur-redt-energy-and-glencore/ "Just as the broken clock is right twice a day one has to admit that the gold price, now $1,173, is bonging along very cheeringly. It is also true that the effect upon junior miners which are definitely in production is electric. In the case of my longstanding obsession, Orosur (OMI), the effect is even more remarkable in that a higher gold price enables mining of an ore body which had hitherto been cut out from production. Anyway, I paid 7.35p on Friday last."