Member Info for surprised

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

Revenue for the first half of the year is expected to show growth of 10% to £14.7m (H1 FY21: £13.4m) with anticipated adjusted EBITDA(1) growth of 17% to £3.4m (H1 FY21: £2.9m) following good trading across the Group's key market segments with healthy demand for both Intelligent Automation and Customer Engagement solutions.



Netcall's cloud offerings continued to grow strongly with cloud annual contract value(2) ('ACV') increasing 29% to £10.8m (H1 FY21: 25% and £8.4m) contributing to total ACV growth of 12% to £19.8m (H1 FY21: 7% and £17.7m).



The Group's cash position at period end was £10.7m (30 June 2021: £14.5m) after the payment of £4.9m for early redemption of loan notes and deferred VAT due to Covid-19. This more than offsets borrowings of £3.4m (30 June 2021: £6.9m).

"We continued to see good demand across our key market segments for both cloud-based Intelligent Automation and Customer Engagement solutions resulting in double-digit revenue and profitability growth.



"Netcall has a significant market opportunity as organisations from our target sectors increasingly implement digital strategies and business models. This underpinned trading in the first half of the year with growth derived from both new customer acquisitions and cross sales to existing customers.



"As we enter the second half of the year, we continue to invest in our business to ensure we remain well positioned in our key markets to take advantage of the opportunity. The Group's strong trading momentum coupled with a robust balance sheet, growing recurring revenues and advanced digital solutions, provide the Board with confidence in the Group's continued success."

https://twitter.com/surprised_trade/status/1483872972427378688

Primed for a strong recovery
A financial services group whose main activities encompass foreign-currency exchange, retail jewellery, pawnbroking and precious metals is set to deliver a robust profit recovery in 2022
January 19, 2022
By Simon Thompson

https://twitter.com/surprised_trade/status/1483391110558924800

.in place to support clearing of waiting lists for NHS backlog..'' if winter patient volumes are supported by increased NHS funding we believe our estimates could see risk to the upside. Maintain BUY and 60p target price''

:-)

Current Trading:

The Board is pleased to provide an update on Q1 FY22 trading (October to December 2021).

· Investments in our jewellery retail operations have continued to produce strong results.

o In store retail jewellery revenue up more than 30% on October to December 2020.

o Online retail jewellery revenue up more than 70% on October to December 2020.

· The latent demand for foreign holidays remains strong and we are optimistic of international travel, and therefore our foreign currency exchange volumes, increasing as COVID-19 testing restrictions are eased.

o Foreign currency volumes were approximately 40% of pre pandemic levels but had increased by almost 200% on October to December 2020.

· The expected need for our pawnbroking service has seen, and will continue to see, increased demand as our customers' needs for short term financing grow.

o Pawnbroking loan book has grown to £6.8m as at 31 December 2021 (£5.9m at 31 December 2020).

· As life normalises and we can offer our purchase of precious metal service to our foreign currency customers, we expect to increase the volume of gold purchased.

o The weight of the gold purchased from customers was approximately 80% of pre pandemic levels but had increased by approximately 50% on October to December 2020.

The investment in the Group's online retail jewellery operation has led to online sales more than doubling year on year.

· The Board will be recommending a final dividend of 1.2p per share

Ramsdens has remained agile and resilient to the trading conditions caused by the pandemic. The Group has invested in activities that have presented opportunities for continued growth and the Board looks forward with optimism on delivering our growth strategy for the long-term benefit of all our stakeholders.

looks like we have some attention today :-)

The Directors are pleased to announce that all of the resolutions put to shareholders at today's General Meeting were passed by means of a poll.



The Board would like to thank voting shareholders for their unanimous approval of the resolutions and in particular for the approval of the sale by ThinkSmart Europe Ltd (ThinkSmart's wholly owned subsidiary) ("ThinkSmart Europe") of its 10% holding in Clearpay Finance Ltd ("Clearpay") in exchange for 1,650,000 shares in ASX listed Afterpay Ltd ("Afterpay") (ASX: APT) ("Disposal"). The Disposal is expected to complete on 17 January 2022 at which point ThinkSmart Europe will receive 1,650,000 shares in Afterpay.



As announced on 12 January 2022 by ThinkSmart, the scheme of arrangement for Block, Inc ("Block") to acquire Afterpay is now unconditional and as such the 1,650,000 Afterpay shares that will be received by ThinkSmart Europe as a result of the Disposal will be exchanged for 618,750 Block shares, which is expected to occur on 1 February 2022

https://twitter.com/surprised_trade/status/1480879189188354052

Interesting comment in Fundsmith annual report on P/E '..despite the rather sloppy shorthand used by many commentators highly rated P/E does not equate to expensive any more than lowly rated equates to cheap'...

Bank of Spain gives green light .....Afterpay has received approval from the Bank of Spain in respect of the acquisition by Lanai (AU) 2 Pty Ltd, a wholly owned indirect subsidiary of Block, Inc., (NYSE: SQ) ("Block") (formerly known as Square, Inc.) of Afterpay by way of scheme of arrangement ("Scheme").

Included within today's announcement by Afterpay was confirmation that now that Bank of Spain approval has been received, the Scheme is fully unconditional and will be implemented without the need for further Afterpay shareholder or Court approval in accordance with the implementation timetable set out in Afterpay's announcement issued today.

Shareholders are reminded that the sale by ThinkSmart Europe Limited (Thinksmart's wholly owned subsidiary) of its 10% holding in Clearpay Finance Limited ("Clearpay") in exchange for 1,650,000 shares in Afterpay remains subject to the approval of ThinkSmart shareholders at the General Meeting which is to be held virtually by videoconference at 4.30pm (AWST) and 8.30am (GMT) on Friday 14 January 2022.

'... End User Spend has continued to see strong growth to $4.1bn, +71% yoy. Bango has seen high growth across major customers with Amazon Prime services, the launch of M365 and Game Pass Ultimate with Microsoft and global partnerships with NTT Data, KakaoPay and TPAY.
Additionally, Bango highlighted significant Platform momentum, with new multi-year platform deals signed, including Verizon, the leading carrier in the US which we expect to contribute more meaningfully in 2022 and beyond.

Bango’s fast growing subscription revenue business comes from multi-year platform agreements with major telcos like Verizon. The Bango platform provides the telco with a single integration point to launch multiple OTT services such as Netflix, Amazon Prime and Britbox.

demand for Bango’s platform licenses seems to be growing rapidly. At its strategy day it revealed that it had signed a total of five platform agreements already, three of which are with the top 30 non-Chinese telcos (including the BT and Verizon deals). These five alone are expected to provide annual recurring revenue of at least $7m by 2023.

....attractive growth opportunities lie ahead. This is demonstrated by the significant progress in the two new businesses. In both of them management has also shown the ability to spot market opportunities at an early stage, develop a platform solution to address them and implement a sales and marketing strategy to gain customers and market share. The shares are currently trading at an attractive valuation. Its CY22 EV/sales of 7.7x is at a 35% discount to the peers. We expect this discount to narrow on the back of robust execution, high revenue and earnings growth. We, therefore, reiterate our buy recommendation and 260p target price'

from 35.50 mins ......2022 year of rebound, RFX is cheap and Dowing see it as a buy ...

https://www.youtube.com/watch?v=PNUNfCIEiP8

part copy of Broker Liberum note ..

Bango released its FY trading update this morning with strong revenue performance of $20.7m, +32% yoy (FY20: $15.7m). This pace of growth is ahead of Liberum forecasts and this strong growth has been driven by a combination of new customer wins and growth with existing customers, which we see continuing into FY2022E....

Adj. EBITDA is at least $6.1m which was in line with Liberum forecasts, and in line with last year, reflecting the planned, increased investment in R&D and sales & marketing to drive future growth. Bango closed the year with a net cash position of $9.6m (FY20: $7.9m)

Bango’s recent Strategy Day outlined the attractive growth opportunity in Bango’s Platform and Audiences businesses alongside the continued strong growth in the Payments business. Bango’s shares remain attractively priced at 7.7x CY22 EV/Sales and our 260p TP implies upside from the current share price.

https://twitter.com/surprised_trade/status/1480812725169238020

broker note out following today's TU with 260p target

https://twitter.com/surprised_trade/status/1479382709524910081

Finncap broker note with 200p target on 18.11.21

''As Fonix continues to deliver upon the investment case that we explain in depth in our 23 September report, we look forward to H1 22 results in February, launches into new geographies, and the announcement of new contract wins. We reiterate our target price of 200p ''

https://twitter.com/surprised_trade/status/1479375414418100225

new hold..

valuation has been agreed Battersafish....look like you were a bit eager with your post...two articles out today including IC and GCI both stating clear value gap now price agreed and it's all about the forward look on Square/Block.....risk to the upside based on actual figures , not emotions ....

indeed, as discussed over past few days, sum of the parts is far greater than current levels/sp and a forward look can see a decent rise in value , taking an average of forecasts we could see an sp closer to 90p+ at some point...

a lot to like, :-)

:-)

and re P/E they can be misleading as you know from BOO...looks low and a buy for some, however it keeps geting lower, so they too are mis leading.....markets are not easy ...

Hi Archy, TSL's transistion to Square is not one for you, time will tell and this is exactly what makes a market..good luck ..it's what makes markets fascinating, we all have opinons :-)

these guys see value ahead..for both TSLas it stands today and the Block investment looking ahead

''..with the investment in future being liquid Block shares rather than the illiquid Clearpay minority holding. Montarello is bullish on Block long-term but we suspect he will be pragmatic in realising value ...''

''Value per share (107m shares in issue) = 72.6p
Current Think Smart price = 54p

...the discount to fair value has widened, with Think Smart now trading at ca 25% discount to its asset value (which we can now measure accurately). This looks attractive - assuming your view on Block is reasonably positive.''

www.growthcompany.co.uk

The 32 analysts offering 12-month price forecasts for Block Inc have a median target of 300.00, with a high estimate of 360.00 and a low estimate of 172.00. The median estimate represents a +108.93% increase from the last price of 143.59

https://money.cnn.com/quote/forecast/forecast.html?symb=SQ