Member Info for rivaldo

A 128,763 share buy just reported at 4.65p, well above the 4.5p share price. Someone's keen. And it moved the share price nicely.

Nice.... "James Fisher Defence wins NATO sub rescue support contract Richard Scott, London - IHS Jane's Navy International 22 April 2015 Key Points •Company wins GBP12.5 million in-service support contract for NATO submarine rescue service •Contract commences on 1 July 2015, running for five years (with options to extend by up to three years) UK-based undersea systems and services group James Fisher Defence (JFD) has won a GBP12.5 million (USD18.7 million) contract to provide in-service support for the NATO Submarine Rescue Service (NSRS). Under the terms of the contract, awarded by the UK Ministry of Defence (MoD) in March 2015, JFD will provide in-service support for a five-year period starting on 1 July 2015. The contract includes options to extend by up to three years. Jointly owned by France, Norway, and the United Kingdom, the NSRS is a globally deployable submarine rescue system currently operated through a government-owned/contractor-operated (Go/Co) arrangement. The full system, specifically packaged for deployment by air, comprises several components: a Submarine Rescue Vehicle (SRV), capable of lifting up to 12 survivors from a distressed submarine at 610 m and inclined at an angle of up to 60 degrees; a Portable Launch and Recovery System, capable of launching and recovering the SRV in up to 5 m sea height; a Transfer Under Pressure System, consisting of two large recompression chambers and supporting equipment; an intervention system centred around an intervention remotely operated vehicle (IROV) to assess and prepare the distressed submarine for rescue, and to maintain survivable conditions therein; and support equipment, including generators, spares, workshops, communications, tracking, and navigation. The UK MoD issued an invitation to tender for the NSRS in-service support package in July 2014 to JFD, Phoenix International, and Rolls-Royce (the latter being the original prime contractor and incumbent support provider for NSRS). Tender responses were submitted to the MoD's In-Service Submarines team in late 2014. JFD previously operated the national UK Submarine Rescue Service (UKSRS), including the LR5 SRV, up until its retirement in November 2008. The company subsequently assumed ownership of the UKSRS assets - comprising LR5, a Scorpio 45 IROV, associated launch and recovery systems, a deck reception chamber, three one-man decompression chambers, and workshop, electrical, mechanical, and support containers - and re-branded the capability as the James Fisher Submarine Rescue Service (JFSRS). JFD has, since December 2008, provided the JFSRS as an on-call submarine escape and rescue service for the Royal Australian Navy (RAN). In November 2014, the company was awarded a contract by the Commonwealth of Australia for the long-term provision of the RAN's submarine escape and rescue capability for the next five years, plus options through to 2024. Separately, JFD is a partner in First

From Beaufort this morning: Http://www.beaufortsecurities.com/market-news-W21page-7- "Petards Group (PEG.L, 11.50p) – Speculative Buy Yesterday, Petards Group released its AGM statement highlighting the range of changes and developments in the company’s internal operations and customer relationships. The company’s long standing partnerships with the likes of Siemens Mobility, Bombardier Transportation and Hitachi Rail Europe, helped it bag additional contracts from the existing customers and some new ones as well. The company has obtained orders worth £3m after entering a five-year framework agreement with Siemens Mobility for the supply of Petards train related products and services. Moreover, the company expects supplementary retrofit work opportunities following the award of the new rail franchises. New opportunities may be expected from the Emergency Services segment despite its small scale of operations at present. The company has been trading in line with the expectations and the order book looks robust and includes the recent orders from Siemens and a major UK defence systems contractor totalling £2m. Our view: The year gone by was a remarkable one as it marked the Petards’ return to profitability. The contract wins, customer acquisitions, tight control over administrative expenses, expanded product offerings, and technological innovation, together led to the overall growth of the company. With over 100% rise in orders from MOD, Siemens, Bombardier and Hyundai Rotem, we believe that the company is in a stronger position than ever before to bolster its prospects for more such contracts in the future. The UK rail operating franchise renewals are likely to more open new opportunities. Going forward, with a stable financial performance and some key contract wins in the past year, we remain hopeful of attractive shareholder returns. We retain a Speculative Buy. "

Nice summary CMS' current position posted elsewhere as follows.... Average projected eps for the current year is 6.6p. Of course that still has to be achieved but currently that projection puts them on a PER of 8.5 this year. Next years average eps is 7.7p, which therefore puts them on a forward PER of just 7.3. The projected dividend for this year is 2.2p so the yield at todays shareprice is 3.9%. Frankly, the current valuation is hardly stretched on these ratios where CMS is concerned and it is worth noting that there are no identifiable outstanding short positions here either. One would anticipate that the investment in the set up costs to service Lloyds and Axa, plus the various agency acquisition costs over the past two years, will now have been largely absorbed and that we should start to see the benefit of their integration and consolidation positively impacting the bottom line during 2015 and 2016. Obviously only time will tell but management also have a series of stock options which will only crystallise value at a much higher shareprices than at present.

Here it is - ETO remains very undervalued imho: "Entertainment One’s sweet spot Television/film distributor and producer is the content king News that video streaming website Netflix (NFLX:NDQ) has surpassed 60 million global users underpins the attraction in content provider Entertainment One (ETO). The latter business counts Netflix as one its key clients, alongside Amazon’s (AMZN:NDQ) Prime Instant Video service and a wide range of TV networks around the world, all of whom are desperate for new content. Entertainment One is a distributor of TV and film content and increasingly producing its own material, thereby sating broadcasters’ hungry appetite. ‘There’s an explosion in the number of platforms all wanting content. The likes of Sky, ITV, Netflix, etc all need it to be on an exclusive basis to avoid customers going elsewhere,’ says chief financial officer Giles Willits. ‘Lots of platforms want content, so they will pay more.’ In its first quarter conference call (15 Apr) Netflix’s management reveal the $34.6 billion cap will increase investment in content, together with shifting marketing spend outside of the US to recruit more customers internationally. Quantity and quality of content will be key to winning new business. Entertainment One is forging closer relationships with producers and show creators in order to secure future rights to any new material, as well as classic old shows. In January it bought a 51% stake in The Mark Gordon Company to access the talent of its eponymous boss described by Willits as ‘one of the most connected people in Los Angeles.’ The deal also gives the FTSE 250 constituent a base in the US from which to develop ideas, something it already has in Canada. At 307.8p, we believe Entertainment One is in a sweet spot given the proliferation of consumers wanting ‘on-demand’ viewing via smart TVs, tablets and smart phones."

SOM has apparently been tipped with a 185p target by Simon Thompson in the IC - brief extracts: "On solid foundations Shares in a maker of concrete laying equipment rate a solid buy It was hard not to be impressed by the fiscal 2014 results from Aim-traded Somero Enterprises (SOM: 140p), a Florida-headquartered company with a market value of £79m that specialises in the design, assembly, and sale of patented, laser-guided equipment that automates the process of spreading and levelling concrete on commercial floors...."

With 14.1p EPS now forecast, plus a good dividend, it's easy to see a share price of anywhere between 150p-200p here. From the Daily Mail - this is a "potential gamechanger": Http://www.thisismoney.co.uk/money/markets/article-3051260/MARKET-REPORT-Drugs-giant-GSK-s-groggy-Liberum-Capital-advises-clients-sell-down.html "Marketing communications group Creston rose 5p to 123.5p after in-line results and the acquisition of a 51 per cent stake at How Splendid, a London-based digital-design consultancy. The group expects revenues to increase by 2.7 per cent to £76.9million and cash of £8.3million. Analysts believe the deal is a potential game-changer, giving its exposure to more attractive business areas." Another positive article: Http://www.shareprophets.com/views/11739/creston-plc-a-former-share-tip-of-the-year-back-on-track Conclusion: "For the financial year ended 31st March 2014, Splendid delivered a pre-tax profit of £1.2 million on revenue of £4 million, with the year just ended reported to have seen “material growth”. The deal has seen researcher Edison increase its current year earnings per share forecast from 13.2p to more than 14p, concluding that “a discount to marketing peers of 36% on EV/EBITDA CY15 seems considerably overdone”. On what I consider more relevant absolute terms, shares in Creston, at circa 120p, trade on a prospective price/earnings multiple of 8.5x and yield 3.75%. Today’s announcement looks a decent bounceback from the doubt-inducing trading statement of February and enough to suggest 9th June-scheduled results should be reviewed with interest. Very much on the watchlist."

Interesting upsurge at the close of play :o)) Around 27,000 shares bought in the last 5 minutes, with the final £14,000 buy going through at 148.25p.

Yet still cheap imho on a P/E of only 10 or 11 ex-cash.

Brief notes from last night's presentation - apologies if anything written down/understood incorrectly: Sales should be up to $7.2m this year, with breakeven during the period, and ending with approx.$10m cash (i.e almost 50% of the m/cap). AKR can produce $50m of sales from their existing facilities, so there's no need for material capital expenditure. Heparin test - the price of AKR's Heparin test is to be INCREASED from May 1st, due to the huge savings for hospitals - 10 new sales reps are each opening 3 new hospital/customer accounts per month, each selling $30k per annum, which I calculate to be $10.8m revenues per annum once a year's selling is up and running - there should be one or two further Chinese orders this year Cholesterol test is perfect for Australia given distances/flying doctors etcf, and has achieved $900,000 of unbudgeted sales 5 products currently on the market, growing soon to 11 Future products include (1) breath test for lung cancer, (2) test for type 1 diabetics, at 73% margins (this is AKR's lowest margin test!), (3) chlamydia test, to be perfected this summer after clinical trials. AKR's great advantage is that clinical trials only take a few months and cost relatively little. The diabetes test will be launched in China and USA this year. AKR already have a Chinese facility. I think he said the asthma test is this year too. There's no competition for the heparin and other breath tests (except the alcohol test in Europe).

Sanlam Securities and N+1 Singer both today reiterate their Buy recommendations, with 143p and 139p targets respectively. I suspect with new 14.1p EPS forecasts that those target prices will be revised upwards after the prelims are released.

Edison have increased their forecasts in a new report today: Http://www.edisoninvestmentresearch.com/research/report/creston12 They now go this year for 14.1p EPS, with a 4.5p dividend. That's a P/E of just 8.7, with a 3.7% dividend. And ICM in particular should have a rip-roaring H1 given all the General Election work it's doing.

Good to see 5,000 shares bought first thing this morning at 320p. Hopefully a reaction to last night's very good presentation by Ray Akers at Finncap (organised by Sharesoc), which reinforced my positive opinion about the company. More later.

Nice plug overnight from Motley Fool: Https://uk.finance.yahoo.com/news/5-small-cap-companies-set-143014650.html "Hot stocks Marketing agency Communisis' (LSE: CMS) digital transition is gaining traction and the company's earnings are set to charge higher over the next few years as a result. Communisis currently trades at a forward P/E of 7.9 and supports a dividend yield of 4.2%. Earnings per share are expected to grow by 39% this year, so the company's shares trade at a PEG ratio of 0.2. Moreover, Communisis' earnings are set to expand 15% during 2016. The company is trading at a 2016 P/E of 6.9. "

Great stuff :o)) Not only are CRE trading in line with forecasts of 12.5p historic EPS - with a 4.1p dividend - but we have a highly earnings-enhancing acquisition from CRE's cash pile. And it's a digital design and development consultancy, so highly complemehtary to CRE and its existing structure. Plus of course being in the right space for these times. The client list is fantastic - including Barclaycard, Boots, eBay, Gamesys, News UK, Skrill, SSE and Star Alliance. The acquisition price isn't cheap, but this looks a high quality acquisition - with the further consideration being dependent on performance anyway. Besides, the cash is doing nothing in CRE's bank account. This should jolt the share price upwards.

JMP commissioned to carry out an independent safety study in Scotland: Http://www.kirkintilloch-herald.co.uk/news/local-headlines/junction-proposal-is-madness-1-3747538

Encouraging stuff.......Sira have recently established a technology partnership with a Californian "leading provider of image processing and computer vision software", MotionDSP, whose clients include Scotland Yard, Raytheon and the United States Air Force: Http://www.motiondsp.com/news/item/motiondsp-launches-ikena-forensic-50-uncover-truth-video-surveillance "MotionDSP Launches Ikena Forensic 5.0 to Uncover the Truth in Video Surveillance_ February 4, 2015 Commercial Industries Benefit from Military-Grade Software Burlingame, CA – FEBRUARY 4, 2014 – MotionDSP, a leading provider of image processing and computer vision software, today announced Ikena Forensic 5.0, the most advanced version of the company’s military-grade software that applies multiple advanced algorithms to improve video fidelity. Organizations serving a number of industries, including law enforcement and commercial security, can now deploy the same video data mining technology used by Scotland Yard, Raytheon and the United States Air Force. “Ikena Forensic 5.0 changes the way we see crime videos,” said MotionDSP CEO and founder Sean Varah. “Hours of video are captured from a variety of security cameras, and often they are unusable due to poor fidelity. Using Forensic 5.0, what used to take weeks to see can now be identified in a matter of seconds, so law enforcement can act quickly. ”MotionDSP are pleased to announce a technology partnership with an established UK based company Sira Defense and Security Ltd who have developed a universal digital image viewer called SiraView, that will play back current and legacy formats of CCTV, body worn camera and mobile phone exports. SiraView enables users to view many different image formats using a single, easy-to-use user interface without the need to use each of the manufacturer’s proprietary viewers. It also preserves the evidential quality of CCTV footage. SiraView software has been adapted so that it interfaces directly with Ikena Forensic 5.0 to offer a seamless analytical experience. Using SiraView as an integral part of Motion DSP’s Forensic 5.0, law enforcement agencies can now view and act on video files taken from both current and antiquated cameras. In addition to Ikena Forensic 5.0, Motion DSP is also introducing Ikena Measure, a new photogrammetry tool that enables users to measure objects or people from their videos. Ikena Measure can extrapolate the height, width, distance and angles of an object or mass from any video frame with just three measurements, versus eight or nine needed with other applications. Users are able to measure objects in their video that cannot be re-measured after the fact, either because they are no longer present (e.g. suspects, skid marks, blood stains), items were overlooked during initial inspections or because the site where the video was shot is no longer accessible. etc"

The new FD appointment today looks good, but perhaps also an overhang cleared this morning following that 142k trade at 133p? A few subsequent buys have had a good effect immediately.

Nice coverage in last week's Independent: Http://www.independent.co.uk/news/business/sme/small-talk-labours-plan-to-cancel-the-cut-in-corporation-tax-has-the-virtue-of-fairness-10171795.html "Pioneering drug company boosted by marketing deal One Alternative Investment Market company hoping to buck the general malaise on the junior market is Akers Biosciences, which will today announce a deal to begin marketing one of its flagship treatments in Britain and eight other European countries. Akers, which has a dual Aim and Nasdaq listing, has developed a pioneering new test that can rapidly detect whether patients have a potentially fatal allergy to heparin, the blood thinning drug routinely used in hospitals around the world. The test is already in use in the US healthcare systems but Akers will now begin selling it far more widely across Europe, the Middle East and Africa. The potential for the test is enormous – while millions are prescribed heparin, as many as 5 per cent of them develop an allergy to the product. Patients undergoing serious heart surgery or major orthopaedic procedures are regarded as particularly vulnerable to such problems."

http://www.ainonline.com/aviation-news/business-aviation/2015-04-13/gama-aviation-set-start-china-managed-fleet "Gama Aviation Set To Start China Managed Fleet by Ian Sheppard - April 13, 2015, 7:40 AM Gama Aviation (Booth P706) is preparing to start its Asia Pacific aircraft management joint venture, with the first two customer aircraft to be based in Hong Kong, taking its global managed fleet to 146 aircraft. The development follow’s the Farnborough, UK-based company’s announcement in January that it had reached an agreement with Hutchison Whampoa (China) Limited (HWCL). Speaking with AIN as he prepared to board a flight to Shanghai on Sunday, Gama CEO Marwan Khalek said the first two customers had been secured for managing “heavy metal” long-range private aircraft, while ABACE would provide an important opportunity for publicizing the new offering to other potential customers. “We also need to know where potential customers want us to be,” he said. “But we do want to be in mainland China.” Khalek said the focus would be on private owners so it would not be necessary for Gama to obtain an air operators certificate (AOC) straight away. Gama has been particularly proactive in the business aviation market over the past couple of years, working to operate for Wheels Up in the U.S. and soon also Europe as well, merging with Oxford-based Hangar 8 last year–creating a company with a market capitalization of around £130 million ($200 million)–and expanding its network of FBO and maintenance facilities to include Sharjah, UAE, and Glasgow, Scotland. Khalek said that “everything Gama will do in Southeast Asia will be through our joint venture, Gama Hutchison,” with the two initial managed aircraft being managed through Gama Aviation Hutchison (Hong Kong) Limited. He added, “Our plans are not secret and we’re trying to replicate our it throughout the world.” The Gama strategy, Khalek said, is to establish aircraft management services first, and later secure FBO/maintenance assets. This is what it did in the Middle East, ultimately setting up a facility in Sharjah. “You don’t need the infrastructure on the ground to start, but the next step will be to look to set up a maintenance facility though we already have a cooperation agreement with FIC in Beijing,” said Khalek. “We are growing all parts of our business as aggressively as we can.” With its regional base in Hong Kong it is moving to bigger offices out at the airport soon, from its initial city-center office. Gama has many years of experience operating aircraft in the Asia Pacific region and worldwide, but it had been cautious about getting involved too quickly. “I think I’m on record as saying I never saw the China market as being somewhere that the rewards will be instant–sometimes growth will be slower than we expect,”