Member Info for surprised

''target price 477p, representing a potential upside of 64%. Value-enhancing acquisitions and strong operational performance remain a core feature of this attractive diversified group’s investment case. - Our view. The versatile K3 platform can be applied to multiple layers of services currently offered by the group, solidifying the increasing demand from SMEs at different stages of their business development. Today, once again, highlights management’s well respected strategic vision, and we remain upbeat for the future given K3’s recent operational performance. ''

https://twitter.com/surprised_trade/status/1498566342940762112

broker note out - Calnex Solutions has announced that the strong levels of trading throughout H1/22 have continued and FY22E trading is in-line with expectations, subject to fulfilment of certain orders in March 2022. The order book into 2023 has increased substantially following a significant order from a large datacentre customer and FY23E trading is now expected to be materially ahead of current expectations. We have increased our FY23E revenue and PBT forecasts by 15.4% to £25.5m and 17% to £7.0m respectively.

https://twitter.com/surprised_trade/status/1498567262801903618

'...the Company will begin FY23 with a record order book across all product lines and it is anticipated that revenue and operating profit for FY23 will be materially ahead of market expectations'

hydrogen-can-help-to-drive-a-green-revolution-without-needing-russia....

'...serious people and serious businesses are investing in the technology, including Shell, Toyota and Honda. Airbus, the aircraft maker, said last week that it would work with Safran, the French company, and General Electric, the American giant, to test a hydrogen engine on its A380 superjumbo...'

https://www.thetimes.co.uk/article/hydrogen-can-help-to-drive-a-green-revolution-without-needing-russia-sfgqr0dqw

extract from article printed on MWE today '' ....CEO Moni Borovitz, whose family owns 32% of the company, after the recent trading update, He was on good form, buoyed by the positive underlying performance of the business units which has been masked somewhat by non-operating factors. Demand for antennas from 5G infrastructure capex is going well with sales up 40% last year. There is also a potentially significant new product in development for this market. Defence antenna demand was slow last year but the pipeline is now picking up.
Mottech had a good year and a new sensor to monitor irrigation at root level has scope to drive sales and recurring
data revenue. Distribution has won some good orders recently and a prepayment for a large contract has flattered the year-end cash position which was better than expected at $12.5m ...dividend yield now at 4.49%

ThinkSmart Limited (AIM: TSL), a specialist digital payments platform business, is pleased to note the fourth quarter earnings report issued by Block, Inc (NYSE: SQ) ("Block") which outlines significant ongoing growth and progress is being delivered.



ThinkSmart holds a position of 618,750 shares in Block, which based on a closing price of US$94.99 on 24 February 2022 is valued at US$58.8m. This shareholding follows the implementation of the Scheme of Arrangement for Block to acquire Afterpay Ltd, which ThinkSmart held a former interest in, on 1 February 2022.



The focus of ThinkSmart's strategy - which it will reiterate and expand upon when it publishes its Half Year Results for the six months ended 31 December 2021 on 9 March 2022 - is to deliver value to its shareholders via its holding in Block, and from the Group's operating business of the managed wind-down of the leasing business and the provision of the outsourced call centre customer service and support service to Clearpay. Therefore, ThinkSmart places emphasis on the public market disclosures, financial results, share price, and general overall operational performance of Block.



Block Fourth Quarter Highlights:

· Generated gross profit of $1.18 billion, up 47% year over year. Cash App generated gross profit of $518 million, up 37% year over year. Our Square ecosystem generated gross profit of $657 million, up 54% year over year.

· Cash Card has reached significant scale: there were more than 13 million Cash Card monthly actives in December, which represented more than 30% of Block's 44 million monthly transacting active base.

· Sellers have adopted more of Square's ecosystem over time, which has helped them grow: in 2021, 38% of Square's gross profit came from sellers using four or more products, compared to 10% in 2016.



Block Full Year 2021 Highlights:

· For the full year of 2021, gross profit was $4.42 billion, up 62% year over year, or 53% on a two-year CAGR basis.

· Cash App generated $2.07 billion in gross profit, up 69% year over year and 113% on a two-year CAGR basis.

· The Square ecosystem generated $2.32 billion in gross profit, up 54% year over year and 29% on a two-year CAGR basis.



Ned Montarello, Executive Chairman of ThinkSmart, said:

"Block is exerting itself as a global leader in payments that is performing extremely well in a challenging macro-economic environment. This set of above expectations results gives us significant confidence in the future growth prospects of Block and, subsequently, in our ability to generate and deliver value to our shareholders as a direct result of our shareholding with it."

indeed, excellent and welcome results for Square.....clearly a sum of parts valuation is considerably higher than current price and Sqaure/Block looks set to grow as anticipated. From the current lows it has a potential great deal of upside to make up and is clealry on it's way :-)

https://twitter.com/surprised_trade/status/1497109534686560275

In 2022, consumers will be affected more than ever before by cyber threats.

Advanced Threats Against Consumers
Many cybercriminals are leveraging what they’ve learned from attacking enterprises and are starting to employ those skills to attack the general consumer

As 2022 beckons, changing perceptions of where the general consumer lies in the cyber food chain has never been more relevant. More knowledge, a greater understanding, wider availability of antivirus solutions and proper provisions should enable us to combat the ever-changing tides of cyber threats.

https://www.forbes.com/sites/forbestechcouncil/2022/02/04/three-cybersecurity-predictions-that-will-affect-consumers-in-2022-and-beyond/?sh=3bd83beb5fa4

part of the article

'...On top of its strong earnings growth, the firm pays a generous dividend which based on the current share price equates to
a yield of more than 4%.....
.....Rigby has ambitious growth targets for K3 he forecasts EBITDA from the existing businesses will increase from an estimated £16 million this financial year to £23 million by May 2023 and to between £33 million and £36 million by May 2026.
In addition to this more than doubling of organic earnings, he envisages adding another £10 million to £17 million through
acquisitions, taking total EBITDA to between £50 million and £53 million, which makes today’s circa £200 million valuation look very cheap. '

https://twitter.com/surprised_trade/status/1496757247682256896

good news on a bad day for mkts

https://twitter.com/surprised_trade/status/1496752064663326720

https://twitter.com/surprised_trade/status/1496512476736888836

added to holding.....Charles Stanley added to theirs, I've added to mine too, lol....broker with a current 230p target

to be fair the jam is slowly being spread, a lot more tomorrow possible, like in any share, the past has happened and the forward look is key...the uncertainty re the Tesla /Maxwell IP is clearly the key aspect hear over riding sales and revenue increase, business pipeline etc. .....if the court decides, or agreement found before court date in October, in cpx favour re the IP there is unlikley to be a jam jar big enough to fit it all into lol....Maxwell be owing huge sums, AVX will be having to dig deep and CPX will be set...until then business is developing , sales are up, and therr is demand for existing and new products and now Continental are to join the cpx customer base it is very likely other auto guys will too....

https://twitter.com/surprised_trade/status/1496470853223071745

just added to holding #KAPE 325p...

Strong growth despite headwinds CAP-XX released Interim Results for the six months ended 31 December 2021. Revenues were up 14% on H1/FY21 driven by product sales which were up 40% YoY but offset by the absence of royalty or license revenue in the period. EBITDA loss and Adjusted EBITDA loss were A$0.7m and A$0.3m respectfully which were in line with expectations. The company finished the period with cash reserves as at 31 December 2021 of A$5.1m which was in line with our expectations after taking into account the repayment of a A$1.4m debt facility the company had at June 2021.

The company notes that its sales order book at 31 December 2021 is more than 40% higher than 31 December 2020 supporting expectations for a significant step up in revenues for H2/FY22. The company has also reported a sales pipeline of more than US$50m. Within this is significantly increasing interest from global multinational companies especially for the former Murata (DMH, DMF and DMT) products. It also confirms expectations to be EBITDA positive in the next financial year and turn cash flow positive during the second half of the next financial year

CAP-XX has also announced it has signed a Supply Agreement with German Automotive Tier 1 supplier Continental Automotive GmbH for the supply of DMT220 capacitors

We believe the interim results show that CAP-XX is at an inflection point as demonstrated by the 40% growth in product sales and 40% orderbook growth. This performance is particularly strong when considering the headwinds which included disrupted supply chain, shortages of technicians and operators, global travel restrictions, limited international flights and mandatory quarantine requirements slowing both sales and production efforts...

The Continental contracts is particularly notable as a first major win by CAP-XX of a highly conservative automotive Teir-1 that was formerly a Murata customer. We believe the win will likely have a halo effect with other accounts as Continental is such as well-known high-quality supplier to the automotive industry and if CAP-XX is good enough supplier for Continental, it is likely good enough for all customers......

......We continue to forecast EBITDA and cash positive in FY23E, with this comfortable achieved on existing cash resources, even with more conservative assumptions. ? We therefore feel that despite the adjustment to expectations, that the fundamental investment case for CAP-XX has not changed and that this calendar year will see significant value creation as the company converts more customers and grows sales to a level of sustained profitability. We maintain our Buy recommendation....

https://twitter.com/surprised_trade/status/1484064066478002179

forecast raised, broker note out and target price of 110p

https://twitter.com/surprised_trade/status/1496391852152524810

sales up, revenue up, cash as$5m, new products lined up, new business pipeline up..IP re Tesla/Maxwell compensation/licence awaits..overall very decent results against covid lockdown backdrop.

and a great contract with Continental ahead :-)

thanks Putin !...however, folk will very much need cyber security going forward :-)

new hold (back in) KAPE ...pulled back from 455p, current price offers potential upside with broker target 500p..

https://twitter.com/surprised_trade/status/1495678625139638278

blimey, thought I 'd read the wrong results when I saw the sp dropped to ridicules levels....business growing, cash growing, divi paying contracts keep coming..as stated below a lot to like :-)