Member Info for surprised

https://twitter.com/surprised_trade/status/1521374170856185856

following last weeks above expectations results TLY secure further contract extensions that have a further value of £4.2 million

https://*********************/newsfeed/article/totally-plc-totally-signs-trio-of-contract-extensions-1401883

https://www.thetimes.co.uk/article/premier-inn-brings-back-dividend-early-as-trade-improves-rknk0hvsd

Whitbread has resumed dividend payments a year earlier than expected with a £70 million payout to shareholders to reflect encouraging trading and confidence in the outlook as the Premier Inn operator returned to profit.

The 34.7p final dividend came as the Premier Inn operator raised its forecast for new room openings after identifying “an acceleration in the exit of independent operators from the UK market”.

The FTSE 100 leisure group said that it expected to take further market share by adding between 1,500 and 2,000 rooms in the UK in the current year, and 2,000 to 2,500 rooms in Germany.

Alison Brittain, 57, the Whitbread chief executive, said the company had recovered “exceptionally well” from last year, as its hotels traded well ahead of the market amid “high levels of leisure demand and improving business demand”.

https://twitter.com/surprised_trade/status/1519600999140188160

https://twitter.com/surprised_trade/status/1510923413916991489

set to be a major player in clearing NHS back logs, new contracts and a recent earnings enhancing acquisition

Allenby with a current 75p fair value note out.

Broker Recommendations for Whitbread (WTB) prior to todays results.....
Date Broker New Target
26-Apr-22 Morgan Stanley 3800.00
21-Apr-22 Barclays 4000.00

https://twitter.com/surprised_trade/status/1519569929816707072

Revenues 189% ahead of FY21, profit before tax +£58.2m,accommodation sales were 326.6% ahead, Resumption of dividend payments (34p)

Sustained outperformance in UK with strong current trading momentum; rapid estate growth in Germany; dividend restored

FY22 highlights

· Continued significant market outperformance in the UK, driven by the strength of our commercial and operational initiatives along with the inherent strengths of our brand, scale and direct distribution

· Premier Inn total accommodation sales growth was 14.8pp ahead of the midscale and economy market in FY22, and 17.3pp ahead in H2

· Strong recovery from last year - total UK accommodation sales were 198.0% ahead of FY21 with total UK food and beverage sales 170.2% ahead

· Versus FY20 (pre-COVID):

o As a result of our business being open to only essential business travel for the majority of the first quarter, UK total accommodation sales were 11.7% behind pre-COVID levels (and like-for-like 15.5% behind). However, from Q2 onwards, performance improved significantly, quickly returning to, and then exceeding pre-COVID levels

o In H2, total UK accommodation sales were 12.5% ahead (7.9% ahead on a 52-week basis) of pre-COVID levels, and like-for-like 7.5% ahead (3.2% ahead on a 52-week basis, despite the impact of the Omicron COVID variant in Q4

o Total UK food and beverage sales were 30.9% behind FY20 (32.7% behind on a 52-week basis), again due to lockdown closures, recovering in H2 to 9.7% behind (13.3% behind on a 52-week basis)

· Germany total open and committed pipeline now stands at 78 hotels, with 37 open hotels, compared to 6 open hotels at the start of the pandemic, with the rapid estate growth driving statutory revenue 206.1% ahead of FY21 and 198.3% ahead of FY20

· Resumption of dividend payments with the Board declaring a final dividend per share of 34.7p resulting in a total dividend payment of £70m, payable on 1 July 2022, reflecting both the Group's encouraging trading, and confidence in the outlook





Financial summary

· FY22 statutory revenues were 189.0% ahead of FY21 reflecting the strong recovery in sales post COVID restrictions, and the estate growth in the UK and Germany

· FY22 statutory profit before tax of £58.2m, compared to a loss of £1,007.4m in FY21. Adjusting items before tax in the year were a net credit of £74.0m, including £33.2m profit from property disposals, and £42.0m of net property impairment reversals (FY21: £109.2m charge)

· Both the FY22 statutory profit and the adjusted loss before tax of £15.8m benefitted from £126.5m of COVID related UK Government support schemes, a significant reduction from the prior year (FY21: £260.3m), and £44.3m of COVID related support schemes in Germany (FY21: £11.8m)

· The Group retains a strong balance sheet and liquidity position, as it targets a return to investment grade metrics, enabling on-going investment in our comprehensive growth strategy. Cash inflow before debt repayments was £80.3m in the second half and net cash at the end of the year was £140.5m.

Allenby have just released broker note with 75p stated as fair value with proviso that when full results are published in a few weeks with the above performance results they will review their targets :-)

From the premier inns we've used recently, as is always the case....with respect to goinglarge's post, it does seem you are invested in a host of stocks you are not happy with regarding their products or services, from M and S, ITV, WTB and many more... Unfortunate that your stock selection has turned out poorly for you....better luck going forward ....

https://twitter.com/surprised_trade/status/1514494544137572353

.results due 25.4.22...'performance expects to be ahead of FY22 consensus market expectations'

Totally (AIM: TLY), a leading provider of frontline healthcare services, corporate fitness and wellbeing services across the UK and Ireland, gives notice that it will make a trading update announcement on 25 April 2022 in respect of its financial year ended 31 March 2022 ("FY22").



The Company is pleased to announce that, based on draft unaudited numbers, it anticipates being able to report performance ahead of FY22 consensus market expectations.

https://twitter.com/surprised_trade/status/1513792235627859970

broker note out ...With a strong order book and Q1 tracking in line, it is confident of achieving its FY22 targets and flags a more buoyant market beyond, given strong projected customer demand. We note the current push into International markets and the midmarket and that SAAS is reviewing a number of acquisitions.... 12 month target price 280p

3.2 million households that the Pet Food Manufacturers’ Association says bought a new pet in the past two years, means this is one pandemic spike that isn’t about to go into reverse.

And that has to be a winner for the companies that are part of the multi-billion pound pet industry here in the UK, Pets at Home Group (PETS) knows it is on a winning streak here. These pets will require long-term care, and Pets at Home’s decision to invest heavily in the expansion of its ancillary pet care services, as soon as lockdown struck, was a very smart move.

The company, which is the UK’s largest pet supplies retailer, with more than 450 stores and 300 veterinary and grooming salons nationwide, saw pre-tax profits for the six months to 7 October soar by 81.3% to £70.6 million, with the surge in pampered pets lifting revenue in grooming services 62.2% higher.

In fact, all areas of the business grew, including food revenue up 21.4% to £336.7 million and accessories, such as dog toys and training aids, up 20.9% to £257.7 million. While the veterinary side of the business saw like-for-like revenue rise 26.2%..
Describing business as having “never been more robust”, outgoing chief executive Peter Pritchard announced an overall 18% rise in group revenue in the first half of £677.6 million, including retail sales jumping 21.9% on a like-for-like basis. Online sales were similarly 21.5% higher than a year ago.

The company said it expects the benefit it is seeing from the rise in ownership to run and run, with profits and sales for the year likely to hit the top end of market expectations. That would mean it is firmly on track to report a record year of sales and profit growth - yet again.

INVESTORS CHRONICLE 26.01.22....share price 429p
PETS third-quarter trading update revealed continuing momentum. The pet care company, which has benefited from a pandemic-induced boom in the ownership of fluffy and cuddly critters, shows few signs of slowing down in the short term as it posted robust sales growth on both a one- and two-year basis.
......The company looks undervalued as things stand, given growth prospects, but investors should consider the potential of a future slowdown in pet ownership rates as certain pandemic trends recede. Upgrade to buy.

https://renews.biz/77081/uk-government-to-inject-340m-into-green-hydrogen/

The largest tranche is the £240m Net Zero Hydrogen Fund, which will award funding from the end of 2022 to support the production of hydrogen as a clean, low-cost fuel for industry. ......

https://twitter.com/surprised_trade/status/1512312847711232001

strong performance across each of its four segments, profit before tax of approximately £2m.on track to open eight new stores, foreign currency services expected to grow significantly

a lot to like :-)

The level of disclosed Short Interest in CWR has changed materially.
Short Interest has moved from 1.77% on the previous trading day to 1.20% today. That is a movement of -0.57 percentage points

indeed, their is a risk that Maxwell will find some historical loop hole between now and October, to date they have not found suficient to deter CPX from going to court. No agreement could be reached with the dispute resolution, so far, so the only option if niether party 'backs' down/agrees' is a court trial......AVX have tsken the opportunity to stop royalty pymnts and they are gambling on little 'ol CPX not taking on Maxwell through to court etc.....having historically set a precedent by paying past fees. currently CPX recieve no licence and royalties from any parties, so the downside is already built in to the sp.
Production, orders and products are being made, sold and CPX is growing it's customer base and has new products due to come on line shortly, further expanding the march to profitabilty...Their is a risk as in any stock, it is for each of us to decide if the risk to the downside is much smaler than the potential larger risk to the upside. :-)

with respect OS, cpx patent has been watertight on all challenges to date....Maxwell /Tesla have a few million reasons to try to avoid any past licence fees/royalties and compensation for years of infringement. I would expect, as is the case in 95% of these cases, an agreement before trial. CPX will clearly be happy to go to trial, Maxwell have to decide between now and October if it is in their interest, they have no urgency to decide now and have pushed CPX to see if they will defend in court their patents, CPX clearly will. Same court, same patents, slightly different angle in defence, principle and use the same....patent cases are rarely straight forward , hence why IP/patents etc are filed and defended where required.
To date CPX has a 100 percent record in defending it's products/patent and the pressure is very much on Maxwell imo.

;-)

https://news.sky.com/story/government-to-double-hydrogen-power-target-12582938

The government is expected to double its target for hydrogen production in the Energy Security Strategy to be published on Thursday.

Low-carbon hydrogen is considered a crucial contributor to a greener energy system, with potential to replace natural gas in domestic heating and industrial energy supply, as well as industrial transport.

A spokesperson for Renewables UK, which represents the renewables industry, said: "Innovative technology like this will play an important part in our future energy mix: if the government does indeed bring forward 5GW green hydrogen target by 2030, as Kwasi Kwarteng is suggesting, this could replace 5% of total UK gas demand by the end of the decade.

https://twitter.com/KwasiKwarteng/status/1511327369163849728

The government is expected to double its target for hydrogen production in the Energy Security Strategy to be published Thursday.

'Global hydrogen production is set to boom - we’re going to grab as much market share as possible.

This home-grown super fuel could power British industry, homes and transport.

We’re set to generate 5GW this decade, but will go further in this week’s Energy Security Strategy.'