Member Info for rivaldo

New interview with Kevin Johnson on Directors talk: http://www.*****************/surface-transforms-ceo-kevin-johnson-on-as9100-certification/ Good to hear that we should see further news flow soon re achieving TS16949 quality standards for the auto market.

About to break upwards to a new price range perhaps?

.....before the upcoming trading statement.

Nice - 310,000 shares just reported bought in 2 minutes at 5p. Someone's keen :o))

This is good news - the launch of a whole new range of slot games. In particular, the launch in the coming months could provide a further step-change in recurring revenues: Http://www.investegate.co.uk/gameaccount-network--game-/bus/statement-re-slot-tournaments-capability-for-si---/20150722070000Z6082/ "• The majority of GameAccount Network’s operational US casino operator clients have adopted Slot Tournaments, most recently New York’s Empire City Casino which are now available to play online via www.EmpireCityCasino.com • Expected deployment of Slot Tournaments for the Company’s regulated real money Internet gaming markets including New Jersey, the United Kingdom and Italy later in H2 2015"

.................with 2.11p adjusted EPS beating (just!) expectations, though the 0.165p dividend is behind forecasts. Lovely recurring income now makes up almost 75% of total revenues. In particular, the outlook statement is VERY confident: "Outlook The new financial year has started strongly and we have seen continued progress across all of the Group's product and markets. Furthermore, in the wake of the General Election in May, purchasing patterns in the NHS appear to have returned to a more normal level following a period of uncertainty in the lead up to the Election. The Group has a strong pipeline of new business opportunities and continues to develop sales levels to existing customers which provides the board with confidence for the year."

A VERY strong Q1 trading statement just issued - which sets EAS up for a rather good H1 considering the confidence in the outlook: Http://www.investegate.co.uk/energy-assets-gp-plc--eas-/rns/q1-trading-update/201507220700206928T/ Extract: "Outlook Commenting on today's announcement, Energy Assets Chief Executive Phil Bellamy-Lee said: "On behalf of the Board, I am delighted to report that we start the financial year with another period of strong activity. Demand for the installation of advanced utility meters and related services remains high and continues to be driven by regulatory requirements. The Energy Assets business continues to grow across our asset portfolio and Siteworks business. Additionally, the Group has continued its strong track record of successfully integrating new businesses and Bglobal Metering, Origin and SA Gas are all performing in line with management expectations. Performance in the first quarter indicates that the Group is on track to deliver another year of solid growth."

A buy of 250,000 shares at 14p caused today's rise, sneakily reported well after the close tonight possibly in order not to attract attention. Some accumulation going on at present.

Good to see SCE moving up to new recent highs. 500,000 shares were traded yesterday in 3 lots, so some interesting trades going through too.

Liberum yesterday updated as follows per a post from Fredahad111 on T.M.F: "Valuation: 50% discount to gaming sector customers" "We believe the subdued share price performance over the last three months - due to news flow from some other UK quoted technology companies (with very different business models) - has left the valuation at an unwarranted low level which is now even more apparent given the trading update today. An ex-cash P/E of 7.6x, a yield of c.5% and an EV/EBITDA of around 5.5x all represent attractive metrics especially with a CAGR in EPS forecasts of 30%+. Given XLM's record of delivery since becoming a public company, it's operator-agnostic exposure to high growth markets and a c.50% valuation discount to the quoted European gaming sector, there is significant upside in a share price currently trading some way below our 103p price target."

Good coverage in this Shares Mag feature: Http://www.sharesmagazine.co.uk/news/xlmedia-comes-up-trumps#.Va3-Ck3bKUk Extracts: "Weihs tells Shares that ‘at any given time we are looking at potential deals’ as the company looks to put the $40 million of cash house broker Liberum estimates it has available to work." "He adds that guidance for in-line full year numbers is ‘conservative’ even though consensus was upgraded post the $7.36 million acquisition of rival Marmar Media announced in June (16 Jun). The company is set to report its interims at some point in September"

It's worth repeating the implications of yesterday's trading statement. XLM will achieve a MINIMUM of $12m EBITDA in H1 alone. This compares to Liberum's EBITDA forecast for the whole year of $22.1m. And that's with barely any benefit from the two acquisitions towards the end of H1 which will benefit H2, never mind any further likely acquisitions from the cash pile. Assuming the "solid performance" in H2 is delivered as promised today, then imo it's likely that XLM will easily beat, and possibly thrash, expectations.

This weekend's FT featured RGS as a Buy highlighted in the IC: Http://www.ft.com/cms/s/0/d20accda-2bcd-11e5-8613-e7aedbb7bdb7.html#axzz3gPfSrHdV "Buy: Regenersis (RGS) The loss of work from a large client is disappointing, but the group is still on course to meet growth expectations, writes Emma Powell Shares in Regenersis fell almost a fifth this week on news that a larger client plans to consolidate its European business with a rival. This will hit the group’s depot solutions business, which provides electronic repair services for consumer devices such as smart phones, tablets and digital televisions. High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/d20accda-2bcd-11e5-8613-e7aedbb7bdb7.html#ixzz3gPfkxYsN The company’s second division — software and advanced solutions — has become a driver of growth following software acquisitions during the 2014 financial year, as well as client wins. After raising £100m last April, Regenersis acquired Finland-based Blancco, which provides data erasure software to governments, blue-chip companies and suppliers to telecoms. The group also bought cloud data erasure business SafeIT Security Sweden and boosted its stake in Xcaliber Technologies, which provides smartphone diagnostics. As the data erasure sector is immature, management believes it is ripe for consolidation and intends to build on its software businesses. During the first half of this financial year divisional revenue grew 42 per cent and more than doubled on a constant-currency basis. Meanwhile, headline profit increased 89 per cent on a constant-currency basis to £4.5m. The Blancco acquisition grew headline operating profit by 45 per cent at constant currencies. Despite the sale of the company’s lower-margin UK mobile servicing arm during the latter part of 2014, its depot solutions arm also achieved growth in revenue and headline operating profit."

- the aerospace gamechanger contract is progressing well - a separate programme to develop a generic carbon ceramic brake system for both civil and military applications is progressing - a "first order has been received for demonstrator parts" to be evaluated by no less than the US Department of Defense! Helicopters are an exciting new sector for SCE - auto industry certification is also progressing nicely http://www.investegate.co.uk/surface-transforms--sce-/rns/as9100-certification-and-aerospace-progress/201507200742364730T/

Every reason to expect further gains over time as the market continues to re-rate BRY, with growth in all three divisions, big contract wins and more acquisitions likely soon.

Current forecasts per the broker notes I have go for $22.1m EBITDA (Liberum) and $22.7m (Cenkos) - yet XLM are forecasting a MINIMUM of $12m in H1 alone. It's no wonder XLM are "comfortable" with meeting expectations :o)) And that's before any further acquisitions from the cash pile. The current valuation is just far too cheap.

"Entertainment One's film division offers recovery potential after suffering last year from a weak global box office, fewer theatrical releases and lower home entertainment sales, as consumers ditched DVDs in favour of streaming services such as Netflix. Management expects to benefit from a stronger film slate this year, new distribution deals with digital partners such as Amazon and an increase in film releases from 227 to about 250. Broker Numis expects film revenues to rebound by 14 per cent to £674m and the division's margins should continue to widen as broadcast and digital sales overtake home entertainment revenues. Numis forecasts annual sales growth of at least 15 per cent in the main TV subdivisions - production and family - over the next three years. Yet shares in Entertainment One trade at just 13 times full-year forecast earnings, falling to 11 times in the following year, which we think is an unjustified discount to film and TV peers. Critics may point to Entertainment One's sizeable debt pile. Strip out £89m of short-term production financing and underlying net debt more than doubled to £225m last year. Moreover, management continues to invest heavily in content and acquisitions, which is likely to curtail near-term cash generation. IC VIEW: Entertainment One's TV and film sales should accelerate as it rolls out Peppa Pig in new territories, shifts to higher-margin production, snaps up acquisitions and benefits from an improved box office backdrop. A recent share price fall following a large share sale by founding shareholder Marwyn Value Investors should be seen as an opportunity and the prospect of a Peppa Pig film or streaming service adds speculative spice to the shares. Buy. Last IC view: Buy, 330p, 19 May 2015"

"Bull points Global reach and vast content library Peppa Pig's prolific rise Strong sales and profit growth The shares are cheaply rated Bear points Investments weighing on cash flows Volatile box office revenue Great films are often snubbed at the Oscars. Similarly, we feel investors aren't giving Entertainment One (ETO) the credit it deserves. The group, which licenses out distribution rights for films and television shows to more than 500 broadcasters worldwide, is supplementing strong TV sales with international acquisitions and higher-margin production. Meanwhile, its film division looks poised to benefit from a strong slate of cinema releases this year. Yet, despite the company's growth prospects, its shares trade at just 11 times forecast earnings for the year to March 2017. Entertainment One's main growth engine is its TV business. The division's underlying sales leapt nearly a third last year, driving adjusted cash profit up 41 per cent to over £51m. It benefited from a 27 per cent rise in production and sales revenue, as shows such as and attracted droves of viewers. But the real star was the TV division's smaller 'family' segment, which licenses out broadcasting and merchandising rights to branded properties. Sales soared 71 per cent and cash profit more than doubled, to about £24m, as pre-school brand Peppa Pig generated over $1bn (£640m) in retail sales worldwide and secured more than 600 licensing deals. The animated piglet has also won space on the shelves of US retail giants Walmart and Target, and management is rolling out the character in Brazil, China and elsewhere. Growth is coming from acquisitions, too. Entertainment One bought reality-TV producers Force Four and Paperny last year. It also took a majority stake in producer The Mark Gordon Company. That marked its first direct step into the enormous US market, bolstered its higher-margin production business and strengthened its ties to Hollywood. The studio already has two new shows in the works: for ABC and for CBS. Management expects the deal to help it increase TV programming output by around half to over 850 half hours. Television production can be hit or miss, but Entertainment One minimises its risk by only approving shows that have 85 per cent of their production costs covered by tax credits, broadcaster pre-sales and the Canada Media Fund - a not-for-profit organisation. It also has a large content library to fall back on, which was independently valued at $801m in March 2014 and contains more than 40,000 films and TV shows, 4,500 hours of television programming and over 45,000 music tracks. At the risk of alienating partners such as Netflix and Amazon Instant Video, we believe it could realise some of that value by launching its own streaming service."

Nice coverage in this weekend's SCSW magazine. Here's just the final paragraph - this year's ex-cash P/E of 8 probably falls to around 6 next year.... "Cenkos has upgraded to US$21.5m pretax profit/eps 9 cents for the year to end December, rising to US$27.8m/11.5 cents next year. Ex the US$33m cash, the prospective PE is 8x. Hold/buy."

There's an update out from Broker Profile Research, who have increased their forecasts as follows. Note that the P/E ratios quoted in the note are rubbish as they're based on EPS in $, not £. The new forecasts in £, as correctly shown on Hemscott, are: this year : 12.41p EPS, 3.86p dividend next year : 13.50p EPS, 4.18p dividend Http://d248s5njznv13y.cloudfront.net/images/pdf/Somero_Primer_07072015.pdf "2015 forecasts The company summarises by saying that overall results are to date tracking slightly ahead of market expectations for the full year to 31 December 2015 and we have again revisited our forecasts. We have increased our revenue growth assumption, increasing 2015 revenues by $1.1m. We have also increased our gross margin assumption. With some small changes to our SG&A growth assumption for the year the net effect is an upgrade to our 2015E forecasts. For 2015, our previous EBITDA forecast of $16.4m moves up to 17.2m; PBT of $14.8m; EPS of 17.3p. For 2016E, we have upgraded EBITDA from $17.5m to $18.3m, PBT of $16.3m; EPS of 18.8p. We have maintained our DPS assumptions at this stage."