Member Info for shan

Recommended today by Midas share.tips...should see rise tomorrow. All the best to all in.

hi mate...svca unsure now with regards to upside as had a good run. I have my own pages on lse "financial analysis" general chat page as well a "recovery plays" page where I post new companies. GCI looks good too, will have a check.

Have small cap cyclicals been overly punished? This area of the market has seen sharp falls as deflationary fears prompted de-risking. As a general rule, investors don’t want over-exposure to less-liquid stocks if economies are softening. Yet there can come a point where risks are priced in, such that any reassuring update then boosts the stock. One such example is Anite (AIE) which provides wireless testing for mobile technologies. From a three-year low of about 80p the FTSE SmallCap shares have perked up to 90p after an update cited commercial momentum continuing into the third and normally quiet quarter of the financial year to end-April 2015. Management remains confident that annual pre-tax profit will more than double to £22 million, a consensus forecast that has looked demanding after the interim results posted only £5.1 million (although that's still doubled from £2.5 million in 2013) on revenue up just 3% to £49 million. The group is known to be second half-year weighted, but in uncertain times investors tend to want proof than trust any gap can be bridged. Furthermore, higher interim profit has followed largely from cutting sales and distribution costs, and at 90p a share the price/earnings multiple is already 16 times the consensus EPS estimate for 2014/15. So a further significant re-rating does need the commercial momentum to kick forward. No debt and nearly £30m cash enables further acquisitions The balance sheet does, however, put Anite in a strong position for earnings-enhancing deals. This follows last May's sale of Anite Travel for £45 million which had represented about a quarter of group revenue and operating profit. While management has not recently entertained the prospect of deals, page 16 of a 10 February presentation helps show their progression and context in the group. This latest presentation is also well worth studying for a more detailed understanding of Anite. Breaking out from a recent trading range The six-month chart has twice seen resistance at about 88p since November, but the stock is challenging this now. In a five-year chart context the price remains historically low, so probably investors are reacting to the positive trading update in this context. With the electronics industry set to continue its shift to wireless devices, Anite looks well-placed to capitalise, hence worth watching to accumulate.

hi guys...TRAK stil going strong!! i know IC as investors chronicle but what is GCI?

Plastics Capital plc (AIM: PLA), the niche plastics products group, announces that it was informed yesterday that Mr Andrew Walker, Non-executive director of Plastics Capital plc, on the same day purchased 118,771 ordinary shares of 1p each in the Company ("Ordinary Shares") at a price of 105 pence per Ordinary Share. £118K

the next Mulberry?

just keeps going!!!

Interesting!!!

13 February trading update created some doubts Before the stock bounced nearly 13% to 220p currently, it had dropped about 15p to 195p after a rather convoluted trading update. This appeared to want to address some uncertainty in the air over revenue recognition, if very specifically: "Revenues from extensions of existing customer contracts (my emphasis) are recognised as they are secured, not added to the new customer pipeline." This aspect is said to explain a fall in the revenue pipeline to £23.5 million at end-January, compared with £28.5 million at end-July 2014 and £23.8 million like-for-like - which on the face of it hardly conveys a growth business. The update clarified that "following the introduction of new, longer-term energy supply contracts by several energy suppliers, an opportunity arose to strengthen customer relationships whilst securing revenue, profit and cash flow over the longer-term for the company." This and the remainder of the update feel similar to the current situation of consumers being propositioned by utilities to enter into longer-term contracts with price-fixing: "We want to help you." Call me cynical, but I see all this as a defensive move by the industry as energy prices fall. They are trying to limit revenue damage a) by poaching customers and b) playing on the recent collective sense that price-fixing is "a good thing". This came about from years of price rises, but only makes sense for customers if energy prices now recover. Many of these utilities - and this consultancy - are quoted and need to avoid much revenue/profit variability, if they can. It appears to be in these companies' current interests to fix prices while many buyers are still amenable to this. The environment could change, however. So it wasn't altogether surprising that the stock dipped after the update, as the upshot for value remains to be seen. As news of the directors' buying emerged, however, this dictated sentiment. Risk/reward profile is attractive but speculative On the basis Utilitywise can continue to affirm forecasts then its stock trend should favour upside; also if energy prices are finding a floor. Chief risks are energy price falls in a deflationary scenario that prompts more competition and efforts to seize or recapture the margin, consultants like this presently enjoy. "Disruptive" initiatives are possible anytime. So mind this stock has no margin of safety and a prospective yield of about 3% may help keep institutions on the register, but is no real prop. Utilitywise is useful for traders as the directors' buying looks a last and positive main indicator before interims on 21st April. Keep aware, the chief executive (at least) may be running his big position "for free" so is in a different boat compared to investors risking fresh money.

Has Utilitywise (UTW) turned? The AIM-listed shares in this "utilities consultancy" which serves businesses, have currently stabilised after a torrid sell-off in the last couple of months especially. There has been a series of director buys, the latest from the chief executive/founder who snapped up 256,000 shares at 198.2p to own nearly 8.3 million or 11.4%. His deputy added 15,000 shares at 203.1p to own just over 1 million. This follows a 102,000 share-purchase at 246p by the CEO on 15 January when a non-executive director also bought 40,000 shares taking his stake over 1.8 million, and the non-executive chairman bought 2,008 shares at 244p to own 68,675. Altogether that's a cash commitment of just over £892,000. Be aware, they did sell very substantially in October 2012 and June 2013 so recent buying is modest relative to circa £50 million cashed in. This was to make stock available so institutions could realistically participate, and reduce director control sub-50%, otherwise some investors would be deterred. Implicitly the directors would not buy meaningfully now unless believing in value. In a chart context since flotation in June 2012, it could be said the fall is a consolidation like many enterprising stocks that became over-exuberant on the back of a QE-driven rally in the second half of 2013. Also, it may be a reminder that what goes up very fast is prone to reverse. But if the company's figures are dependable then the price/earnings (PE) multiple has never looked particularly stretched. Growth-oriented investors will twig to medium-term prospects and if £25 million pre-tax profit and 25p earnings per share (see table) are at all realistic, then the stock is over-sold. Very good 2013/14 annual results: too good? Partly explaining caution are excellent numbers for Utilitywise's financial year to end-July 2014. Like-for-like revenue rose 62% to £48.6 million as the number of energy consultants rose to 363, albeit they were a relatively lower 29% rise. This kind of differential can point to revenue recognition (anticipated revenues versus cash receipts) and there has been much controversy over Quindell (QPP), leaving investors sensitive whenever this question appears - especially regarding AIM companies. Normalised pre-tax profit rose faster, by 76% to £13.1 million, helped for example by an exceptionals boost and a lower tax charge. Driving such momentum is "cost management consultancy," enabling firms to better understand and meet their energy needs; so from a start in 2006 Utilitywise provides a range of services from data analysis to energy consumption management and fixed/flexible supply contracts. A significant proportion of revenues derive from commissions paid by a small number of energy suppliers, so an obvious question is how long will they tolerate exceptional profits to be made? Might Utilitywise also be vulnerable to a "disruptive" move like price-comparis

Simon Thompson mentioned it for investors chronicle. Couldn't access full article as not subscriber but he did mention the marmalade £1M contract.

Jolly....what u reckon? Worth a look?!

Agreed....another quality rns!

What's l2 like here?

Trending up it seems and now recd ny midas share tips. Should see good rise tomorrow. All the best to all in.

The half yearly report mentioned a cancelled contract which impacted on results and bought.down revenue and profits. Surely this cancelled contract should have been rns'd and we should have been told about it a lot sooner. I wrote before on Ngr about having a quarterly reporting system to also keep us updated and I think that holds here too....point being that we could have been told a lot sooner regarding the drop in revenues (no trading update was issued either).

Too right..still a good company and no doubt will recover imho.

well...as several of us said a while back...this looks bleak. hope everyone got out in time

how under-rated is this company! another top rns!

hi mate yep does seem ii but from financial perspective, cash level in net debt according to cash flow. for a big mcap that may be issue