Member Info for rivaldo

Today's news that nearly £110 million is to be spent on improving, upgrading or shutting down Britain's level crossings by Network Rail is interesting. It just so happens that in their presentation from April this year RNWH highlighted as a future growth opportunity the 7,000 level crossings on the network. Network Rail have strong links with RNWH's AMCO, who are a Tier One supplier to NR. The same RNWH presentation emphasises AMCO's role in repairs and maintenance to the rail network. So not only is there likely level crossing work to come, but also a probable short-term boost from any work following last weekend's storms.

New highs now before the maiden post-IPO finals to be released on 7th November. And good news today. Miton Group have increased their stake from 1.834m shares in their last holdings RNS to 2.009m shares, or just over 12.3% - so they've bought another 175,000 or so shares. Quite a vote of confidence in a small cap company: http://www.investegate.co.uk/ab-dynamics-plc/rns/holding-s--in-company/201310311305498869R/

CAR have said that only moderate success for XSense would transform the company. This cannot be stressed enough. Especially as regards other comments from Atmel's CEO re XSense in the cc last night: http://seekingalpha.com/article/1791452-atmel-management-discusses-q3-2013-results-earnings-call-transcript?part=single "all I can tell you is that we'll be ramping it a -- very substantially up as compared to Q3. And we expect that to continue throughout next year." "We're putting in the capital, because we need to get -- and I'm very careful to say, we're not saying the business will do $100 million. We're saying we're putting the capital to do so. And the reason for that is, you're going to be ramping this business each quarter. And we expect pretty aggressive ramp each quarter on the business. Obviously, it depends on customer adoption and so forth. But that's the expectation." "any new business is not linear by definition just because it's dependent on the initial programs that began to ship. I do -- but I do agree with you. It's not going to be where each quarter is going to be roughly the same. It is going to be something probably ramping each quarter to -- our expectation is pretty substantial each quarter."

Today's RNS reflects that production at Atmel has slipped slightly into 2014, but that XSense volumes will still be within the previously confirmed production range for CAR's year to 31/3/14, just at the lower end. I'd assume that broker forecasts are already pitched at the lower end anyway if they're sensible. Terrific quotes from Atmel about prospects: http://seekingalpha.com/article/1791452-atmel-management-discusses-q3-2013-results-earnings-call-transcript?part=single Re XSense: "so I think at this time, we're -- all I can tell you is that we'll be ramping it a -- very substantially up as compared to Q3. And we expect that to continue throughout next year." And: "Our XSense products is in volume production and customer design activity is high. The touch sensor market represents enormous opportunity for Atmel, and we expect substantial growth in our XSense business in 2014 and beyond." "....customer interest and design activity continues to be very strong, and we are on track to bring our new capacity that will support over $100 million of XSense revenue in 2014. We are very optimistic in these strong growth prospects for XSense. We continue to expand or extend the technical advantage of XSense or simultaneously expanding the market opportunity. Recently, we introduced sensors capable of supporting screen sizes up to 15.6 inches from 13.3 inches previously. Further increasing our competitive advantage, XSense can enable our customers to achieve touch panel stacks that are thinner, lighter, and cheaper as compared to other sensor technologies. We now enable customers to utilize low-cost, plastic-equivalent solutions with only 0.2-millimeter thickness or use glass-covered lens at only 0.4-millimeter thickness. XSense also enables the narrowest port [ph] area designs available in the market today, which allows for thin vessels on our OEM's products. As a leader in metal mesh technology, the strong IP and manufacturing know-how, Atmel stands to significantly benefit from the adoption of metal mesh technology and the overall growth of the touch sensor market."

FYI I managed to obtain Liberum's 1st August analyst update - not much to add to the general sum of knowledge, except for these nice excerpts as regards Intel. Note the phrase "Intel HAS adopted XSense....": "Intel announced as ecosystem partner: In what is very positive announcement, Atmel has named Intel as ecosystem partner for XSense. Intel has adopted XSense for some of its laptop/tablet reference designs. Working with Intel will drive the adoption of XSense in the laptop/tablet space." "Working with Intel as an ecosystem partner could speed up the adoption of XSense in CY’14. With all the manufacturing issues sorted out, we expect the ramp at various customers to be smooth and result in repeat business. We reiterate our buy recommendation and 500p price target on Carclo"

Excellent article talking about DQE monetising their content online/digitally - this would be high margin and fast-growth, utilising their large content library: http://www.indiantelevision.com/headlines/y2k13/oct/oct118.php 'In addition, DQ is working on ways to leverage its large library of properties through SVOD and mobile platforms. “We are currently in discussion with YouTube to find ways of monetising animated content through a dedicated channel showcasing our global and domestic properties. We believe these platforms will play a very significant role in reaching a large and diversified audience in the future,” Nice final sentence from that article too - should be news to look forward to: "In case you thought that’s it, the company has some more production and licensing deals waiting in the wings..."

The latest Q3 results and year to date numbers for Six Flags were out last night and are very good: http://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-newsArticle&ID=1867216&highlight= Extremely good news for LOQ - as noted elsewhere " the more season tickets sold means higher density attendance in the future as folks pay nothing for future visits then see how full the park is and go for the Qbot option as they have paid nothing to get in....". "The company continued to successfully upsell guests to season passes and membership plans, and as a result, deferred revenue grew to $76 million as of September 30, 2013, an increase of $17 million or 28 percent compared to September 30, 2012. " There's a transcript of the results conference call here: http://seekingalpha.com/article/1763982-six-flags-entertainment-management-discusses-q3-2013-results-earnings-call-transcript?part=single Looks like more work will be coming LOQ's way: "In addition to a variety of other rides, slides and shows at other parks, we are also building a huge brand-new waterpark inside our Georgia theme park. That will be called Hurricane Harbor, and we believe it will be a big success."

Good news - another contract win: http://www.ifcfeed.com/isle-of-man-articles/KPMG-announces-international-speaker-line-up-for-eGaming-Summit.aspx "FFEI chooses Xaar 1001 printheads to drive new Graphium digital UV inkjet press 17/10/2013 Xaar 1001 printheads have been specified by FFEI Ltd for the next-generation Graphium digital inkjet UV press. The FFEI Graphium will be distributed by Fujifilm in Europe and North America with Fujifilm Uvijet Graphium™ UV inks. Xaar 1001 printheads have been specified by FFEI Ltd for the next-generation Graphium digital inkjet UV press. The FFEI Graphium will be distributed by Fujifilm in Europe and North America with Fujifilm Uvijet Graphium™ UV inks. The FFEI Graphium, designed for labels, packaging and speciality print, is a modular, 4-colour narrow web, digital UV inkjet press with additional high-opacity digital white ink and flexo varnish capability. The Graphium was shown for the first time by Fujifilm and FFEI at Print 13 in Chicago last week, where it won the ‘Best of Category’ MUST SEE ‘EM award for Digital Presses. The press will make its European debut on the Fujifilm stand at Labelexpo in Brussels (24-27th September). The press combines innovative prepress software, UV ink and Xaar 1001 printheads with cutting-edge printhead calibration technology to deliver consistent print quality and reliable production. Print speeds of up to 50m/min on a 410mm web width delivers productivity up to 1,230 sqm/hr. Supporting up to six digital modules and six flexo stations, Graphium enables users to integrate optional flexo and finishing stations in line for conversion in a single pass. During development of the new press, FFEI worked closely with the Xaar R&D team to ensure that Graphium maximises the full capability of the unique Xaar 1001 printhead technology. The press uses specialist Fujifilm Uvijet Graphium™ UV inks which have been carefully specified and matched to the Xaar 1001 to deliver reliable jetting performance. Digital label printing requires a printhead that delivers high-resolution print quality at maximum performance and with maximum reliability. When printing high-opacity white layers it is important that the high viscosity, heavily-pigmented ink is kept in constant motion within the printhead to avoid nozzle blocking. The Xaar 1001 features Xaar’s patented TF Technology™ combined with Hybrid Side Shooter™ architecture which delivers the highest flow rate of CMYK and white inks past the back of the inkjet nozzle during drop ejection. As a result, pigments are kept in constant suspension, any air bubbles and particles are removed, and the printhead remains continuously primed to deliver maximum production uptime - even in the harshest industrial environments. The Xaar 1001 also incorporates XaarDOT™ (Xaar Drop Optimisation Technology) and 8-level greyscale capability which allows Graphium users t

I note that not only is gold above $1,330 again, but the Uruguayan peso has been even better against the dollar from OMI's point of view than it was at the close on 31st August at the end of Q1. Currency movements for Q2 should therefore help this quarter to be a very good one assuming production and costs remain on track as per Q1. Here's the chart: http://finance.yahoo.com/q/bc?s=USDUYU=X&t=1y&l=on&z=m&q=l&c=

The Indian subsidiary's H1 results are out this morning - very good results and a big increase in EBIT and PAT over last year's H1. A nice precursor to the full consolidated results and - hopefully - the imminent US IPO. Results like this will certainly help the cause. And this despite lower revenues because there were less high-profile film releases this H1. I wonder if this is due to the success of digital revenues via HBO, EROSNOW etc, with obviously higher margins? The even better news is that it's this H2 which has the really high-profile releases, so this success in H1 is somewhat unexpected. The narrative is worth reading and is here: hTTp://www.bseindia.com/xml-data/corpfiling/AttachLive/Eros_International_Media_Ltd_231013_Rst.pdf

You may remember from the recent trading statement that the case against Unipixel is going well: "We are pleased to confirm that in its judgement issued on 7th October 2013, the English High Court has determined that CIT may pursue claims against Uni-Pixel Displays Inc ("Uni-Pixel") in the English courts for breach of confidence and patent entitlement. As a result of this successful decision, Uni-Pixel will be obliged to pay the majority of CIT's costs of this jurisdiction application." I've found the full details of the judgement here - it's worth a read: hTTp://www.bailii.org/ew/cases/EWHC/Ch/2013/2968.html Certainly a comprehensive win on all counts for CAR.

That's a good post jolly, much better than your initial personalised comment. AFAIK Hanafin wanted CULS for extra leverage over the company (there's not much that can be secured in tangible terms, other than the cash pile of course!). I can understand why a risk-averse fund wouldn't want to convert the CULS, particularly if it's not in their modus operandi to be left with a large stake in a relatively illiquid small cap stock. However, if the share price were to get to say 15p-20p I could certainly see them converting if GNG haven't paid the CULS off first. So GNG should pay off the CULS pronto, especially if things continue to improve as they appear to be doing.

No probs with having a difference of opinion jolly. I met with LOQ's management when the share price was around 52p and bought - it's now 650p. Similarly with CAR. Similarly with RNWH. Similarly with OPAY. And others, including SID, C'est la vie. None of this has anything to do with GNG. I'm merely passing on what I've been told, not claiming to have any opinion - if you wish to post your opinion without further research than the RNS's then that's fine. I'd have thought investors would be thankful for any additional info, but then I'm often surprised by what I read on bulletin boards :o))

Jolly, the CULS will certainly be redeemed by GNG prior to their expiry in June 2014 as GNG have more than sufficient cash to do so (assuming the CULS holder Hanafin don't convert first, which is highly unlikely as I am told they are only interested in secure, risk-free income). GNG's m/cap at around £3.4m is therefore independent of the CULS and is almost wholly covered by GNG's cash pile anyway (£3.9m net cash less £1m CULS). At the 31/3 year end I'd expect GNG's cash pile to have increased to say £4.5m- £5m after the winter cash collection season.

Consistent accumulation here, and a lovely recovery this morning. Will we see a holding RNS from a new substantial holder I wonder? The slightly rosier tone of the recent trading update suggests: - (very) slowly improving debtors/cash generation - new SaaS contracts - the likelihood of further new contracts in the next trading update - trading in line with director expectations for the always weaker H1 It's worth remembering that the m/cap remains just £3.4m at around 9p. If improved cash collection and/or improved trading are evidenced, then the obvious interest in the share given the trading volumes and the small free float likely means you won't see the share price for dust.

So, with the RNS out we know that there's no external reason for this dramatic price rise. And we can also surmise that this is purely the market catching up on the back of the more positive trading statement after being marked down to a ludicrously low m/cap. There are 60p per share alone of recoverable debtors from the likes of IBM, Bank of China, Bank of Communications etc, which will imo be recovered - it's just a matter of time and waiting for the ridiculously slow Chinese banking sector payment culture to be waded through. This on top of a consistently profitable core business, for a m/cap at 9.5p of just £3.5m.

TRAP must surely be a prime acquisition target. Offering 20p per share would cost £45m. TRAP has around £25m of cash plus receivables/inventory/IGAS shares (compared to the current £23.6m m/cap). Given that an acquiror would immediately benefit from getting rid of TRAP's AIM running costs, synergies etc, Athena's production alone would pay back the remaining £20m of consideration in, what, 18 months and perhaps a lot less with well repairs. And the acquiror would still have all of TRAP's carried interests and other assets in for free, along with any other future production from Athena. For starters there's: - the potential of a free carry fracking play - discovery of additional Athena reserves - possible revaluation upwards of Athena reserves towards higher IAE figures - three big oil company partners, CIEC, Taqa and Japex, whereby Trap receive significant partial carries - 27th and potential 28th licensing round acreage - Romeo discovery still has potential for value, as has Orchid I'd have thought TRAP would be a sensible acquisition for IAE assuming the common interest in Athena, unless IAE don't want to put too many eggs in one Athena basket.

Good to see FBR Capital confident of "growing XSense demand in late 2013 and, more importantly, in 2014": hTTp://www.northforkvue.com/finance/17478/atmel-corp-s-top-pick-rating-reaffirmed-at-fbr-capital-markets-atml/ "Atmel Corp.’s Top Pick Rating Reaffirmed at FBR Capital Markets (ATML) October 11th, 2013 - 0 comments - Filed Under - by Paige Hiatt Atmel Corp. logoFBR Capital Markets reiterated their top pick rating on shares of Atmel Corp. (NASDAQ:ATML) in a research report sent to investors on Wednesday morning, StockRatingsNetwork reports. “Importantly, we think PC touch attach rates are finally rising, evidenced by a substantial number of new touch PC designs at Sony, Lenovo, Asus, and Samsung launching in 4Q13/1Q14. In addition to notebook PCs, maXTouch, we understand, will be designed into a number of convertible Bay Trail PCs coming to market over the next few quarters. We believe PC touch is an essential part of the ATML story, as it provides an extremely profitable source of incremental earnings. Overall, we think the Street underestimates all, or a portion, of the following: (1) new sensor hub opportunities; (2) a strong cyclical recovery in the core MCU business, also benefiting the ASIC and RF units; (3) Win8 touch PC wins; and (4) growing XSense demand in late 2013 and, more importantly, in 2014.,” FBR Capital Markets’ analyst commented."

Good coverage in the Yorkshire Post as always, with broker comments: hTTp://www.yorkshirepost.co.uk/business/business-news/carclo-s-technology-set-to-transform-mobile-market-1-6135864 Extract: "Carclo’s technology set to transform mobile market Published on the 11 October 2013 Touch screen developer Carclo said its new technology will be launched across a range of mobile phones and tablets over the next few months and the business is on track for “significant growth” this financial year and into the future. The Ossett-based company believes that its touchscreen technology – CIT – can transform the $10bn market for mobile phone and tablet computer touch screens. The technology allows developers to make larger, lighter, less power-hungry, sleeker designs for smartphones, tablets and other products. Carclo said it traded in line with expectations in the first half of the financial year. CIT’s new Cambridge facility was commissioned on schedule and Carclo said production on its high speed coating line was on time. Carclo said that CIT is well positioned to meet the requirements for the expected ramp up in XSense, the touch screen sensors launched by Carclo’s US business partner Atmel. Full-scale manufacture of coated film to support the XSense programme has started and CIT revenue in the first half of the financial year was £1.4m. Carclo said that XSense is to be adopted in a number of products launched across a range of tier 1 manufacturers during the second half of its financial year. At the same time CIT is investing in new technology developments that Carclo believes will support future innovation in the touch screen sector. In a separate development, Carclo’s chief executive Chris Malley said he was pleased to announce that the English High Court has said CIT can pursue claims against US rival Uni-Pixel Displays in the English courts for breach of confidence and patent entitlement. He added that as a result of this successful decision, Uni-Pixel will be obliged to pay the majority of CIT’s costs. Carclo launched legal action against Uni-Pixel last December after the two companies worked together on a project. Analyst Eoin Lambe, at Liberum Capital, said: “Carclo’s first half trading update is in line with expectations and we make no change to our estimates. “CIT generated £1.4m of revenue in the period and is on track to accelerate its ramp in the second half based on Atmel’s previously announced design wins with multiple tier 1 OEMs (original equipment manufacturers). “CIT has had initial success in its litigation against Uni-Pixel with a ruling that CIT’s claims can be pursued in English courts. “The core business is trading as expected and is positioned for stronger growth in the second half.” etc"

That is one excellent trading update today. Everything extremely positive. In particular: - core trading in every division is rosy - Unipixel have lost this round and will have to pay costs - CDS is "encouraging" - and note the use of the word "will" - twice: "CIT's shipments will support Atmel's previously announced ramp up of XSense™ which will see its adoption in a number of products launched across a range of tier 1 OEMs during the second half of our financial year."