Member Info for surprised

https://www.thetimes.co.uk/article/covid-19-holiday-travel-restrictions-set-to-ease-in-june-7rj2ztf9n

Popular holiday destinations could be opened up to British travellers at the end of June under a government plan to ease restrictions in time for the peak summer season.
Ministers are expected to allow quarantine-free travel from May 17 to a small number of “green-listed” countries that have a high level of vaccinations.
The government has said that it will review the plan on June 28, when the rules on testing and quarantine could be relaxed for amber countries. These could include popular European destinations such as Spain, Italy and Greece.

Peter Kenyon, Chief Executive stated '' Whilst the pandemic has had an unimaginable impact on communities and companies across the UK, we remain very confident that underpinned by our great value customer proposition, strong balance sheet and diversified model, we remain well-positioned to continue our growth trajectory as normality resumes."

it continues, Invesco increased their holding to 12.7 percent....

https://www.lse.co.uk/rns/RST/notification-of-major-holdings-x3s7usgwc0ol4hb.html

and yup, here it is the TU, as expected, interesting to see that online jewellery retail proposition, where revenue has more than doubled year on year. Lockdowns over now, all stores opening next week, cah is £15m at the Period end and an undrawn revolving credit facility of £10m. So all set nicely for going forward ...

https://*********************/newsfeed/article/trading-update-1184691

https://twitter.com/surprised_trade/status/1380081747547860992

no debt, cash in bank (possible M+A ahead) and profitable ...stores fully opening next week.
''..there will be less competition in the market place ''

The group’s pawnbroking arm, representing a quarter of group gross profit, is also well placed to rebuild profits. Unable to spend cash during last year’s lockdowns, Ramsdens’ customers repaid loans which reduced the group’s pledge book by a sixth to £6.5m. It’s realistic to expect the pawnbroking book – average pledge of £248 on a loan-to-value of 60 per cent – to start to tick up as lockdown restrictions are eased and customers’ requirement for cash starts to rise again. Furthermore, the gold price is 17 per cent higher than this time last year, and is up 40 per cent in the past two years, so there is scope to make larger pledges as the loan book rebounds given that a high proportion of pledged items have a precious metal content. A strong gold price also enables an improved recovery of interest charges where unredeemed pledged goods are scrapped as opposed to being sold through retail channels.

Typically, a customer brings unwanted jewellery into a Ramsdens store and a price is agreed depending upon the retail potential, weight or carat. The jewellery is then retailed through the 157-store network or online. Any residual items are smelted and sold to a bullion dealer for their intrinsic value. Precious metal purchases account for a fifth of Ramsdens’ gross profits.

Finally, Ramsdens’ jewellery sales should remain strong for several reasons:

¦ Greater online presence. The internet now accounts for 9 per cent of all jewellery sales with two-fifths of online buyers living outside the natural catchment area of its branch network.

¦ New jewellery sales. The segment now accounts for 31 per cent of retail revenue, and has been rising as Ramsdens’ improves its marketing offering.

https://www.thetimes.co.uk/article/boris-johnson-hopeful-of-foreign-holidays-by-next-month-fsvpzxnf2

''He said he was hopeful that foreign travel would be possible to a limited number of destinations from May 17..''

every little helps ...

https://twitter.com/surprised_trade/status/1377169979003465732

...turn around of company underway and transformation to profit making on track....

nope, not worried about India, it'll be an improving situation and the PTRO price is at lows ahead of expected improving recurring revenue etc. ..as we know it moves quick either way, the fund raise last yearwas at 47p and looks like most, if not all, still holding all their shares :-)

https://twitter.com/surprised_trade/status/1374643884907761668

added another 2097 shares to holding.....
profit +11% to $103m, Cash $241m, Secured over 600 5G-related wins, world leader in fast-growing 5G infrastructure, Group expect to see sustainable, profitable growth in 2021.

Last broker note 15.03.21...
.......showcases the strengths of supercapacitors and specifically CPX's prismatic form factor. Supercapacitors are able to deliver the high density power that is required to inject high viscosity biologics and CAP-XX's ultra-thin form factor provides design flexibility.
As set out in last month's interims, the company has secured design wins in wearables, consumer, medical and automotive that should contribute to the order book going forward and the current order book is double last year's level.

Had to look that word up PrivateR, lol..nope I never tire....and if I may say, adding some shares, when possible, on a CPX pull back has historically always been beneficial going forward, with the opportunities ahead I would be surprised if we did not see a challenge on 14p+ again sometime soon :-)

https://twitter.com/surprised_trade/status/1374626438037536776

Transformation underway, pulled back from 14p on initial profit taking... edging back up again ....

Polar Capital have been securing stock, taken 5% so far...

https://www.lse.co.uk/rns/RST/notification-of-major-holdings-xzaq8cj5c0hvsqz.html

:-)

https://twitter.com/surprised_trade/status/1372821556091613184

profit +11% to $103m, Cash $241m, Secured over 600 5G-related wins, world leader in fast-growing 5G infrastructure, Group expect to see sustainable, profitable growth in 2021.

Restore’s (RST) rapid recovery from pandemic disruption continued into the fourth quarter, when revenue reached 90 per cent of pre-coronavirus levels. ....

....Margins should also benefit from cost saving measures that include reducing headcount and consolidating sites, aimed at wiping £2m a year from the expenses bill. Analysts at house broker Peel Hunt forecast adjusted pre-tax profits of £32.9m and EPS of 20.6p this year, nearing pre-pandemic levels in 2019, before rising 13 per cent in 2022. Buy.

https://www.investorschronicle.co.uk/news/2021/03/18/restore-recovery-gains-momentum/

https://twitter.com/surprised_trade/status/1372501938101755915

broker note out stating business wins not priced into current sp

see Rivaldo post post below for more details :-)

https://twitter.com/surprised_trade/status/1372470842471383041

Results --'performance was outstanding' revenue up 18% to $135m Net Profit After Tax up 139% to $24.8m & Final Dividend of US$1.3cps, up 86% .

Excellent :-)

FY2020 revenue up 18% to $135.0 million (FY2019: $114.8 million);

· Year end net cash balance of $5.0 million (December 2019: $4.4 million) comprising cash of $35.7 million and drawn debt of $30.7 million;

· Strong growth in profitability, including:

- Net Profit After Tax up 139% to $24.8 million (2019: $10.4 million)

- Basic earnings per share up 131% to 17.8c (2019: 7.7c)

- EBITDA up 24% to $33.8 million (2019: $27.3 million)

- EBIT up 30% to $21.6 million (2019: $16.6 million)

· EPS growth driven by strong operating performance and substantial realised and unrealised investment gains. Year end investment portfolio valued at $27.2 million (2019: $12.5 million), recording investment gains totalling $13.6 million, comprising $13.2 million unrealised and $0.4 million realised;

· Solid growth in non-drilling revenue, increasing to 13% in 2020 (2019: 8%); and

· Final Dividend of US$1.3cps, up 86% (2019 second interim dividend: US$0.7cps) to be paid on 4 May 2021