MrC's Smallcap Sweeps for Nov 2016

[MrContrarian]

A quick morning scan for (mainly) smallcap news. In-line statements and resource shares generally omitted.

Smallcap Sweep. 18-Nov-16

Dorcaster (DAR) Recently listed investment vehicle chaired by the hyperactive Richard Rose. "Has entered into an exclusivity agreement which provides it with the exclusive right to negotiate for the acquisition of the entire issued share capital of Escape Hunt Group Limited, a leading global provider of live escape the room and exit game experiences." Will be funded by debt and shares. Shares suspended.
CPPGroup (CPP) trading - exp FY materially ahead of exp.
Cape (CIU) FY wil be slightly ahead of expectations, due to improved performance in the Asia Pacific and weak £.
Record (REC) H1. AUME $55.0bn / £42.4bn ($52.9bn / £36.8bn at 31 March 2016). UL pretax down 2%. "Underlying revenues 1% ahead of the second half of last year, despite that period having had the benefit of performance fees." Bullish outlook.


Notes (do not rely on the data)
DAR: Price=161. Cap=NA. F/C for current FY*: EPS=NA, PE=NA, Revenue=NA.
Dorcaster is an investment company. The investment objective of the Company is to provide Shareholders with an attractive total return achieved primarily through capital appreciation.
CPP: Price=5.47. Cap=47m. F/C for current FY*: EPS=NA, PE=NA, Revenue=NA.
CPPGroup is engaged in the international assistance business operating in the UK and overseas within the financial services, telecommunications and travel sectors. The Company operates a business-to-business-to- consumer business model.
CIU: Price=187.75. Cap=226m. F/C for current FY*: EPS=24.3, PE=7.7, Revenue=780.11m.
Cape provides critical industrial services to the energy and natural resources sector. It provides multi-disciplinary services including insulation, coatings & mechanical, gas storage tanks and environmental services.
REC: Price=33.21. Cap=80m. F/C for current FY*: EPS=2.62, PE=12.7, Revenue=21.70m.
Record is a currency manager providing both currency hedging and currency for return mandates for institutional clients. Its suite of products is split into two main categories: Currency Hedging and Currency for Return products.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps.

RNS links
DAR: http://www.investegate.co.uk/CompData.a ... ouncements
CPP: http://www.investegate.co.uk/CompData.a ... ouncements
CIU: http://www.investegate.co.uk/CompData.a ... ouncements

Rest omitted due to limit of 3 URLs per post.

MrC

[MrContrarian]

Smallcap Sweep. 21-Nov-16

DX Group (DX.) Capitulates to shareholder pressure and changes AGM start from 8.30 (Shareholders can FO) to 10.30 (OK, come after all).
Thalassa Holdings (THAL) Subsidiary WGPG to beat exp. "The Board will update the market on Thalassa's 2016 outlook once the full impact of costs at WGPG have been finalised."
Omega Diagnostics (ODX) H1 rev up 11% but profit flat. FY: core business revenue and adj pretax expected to be at the higher end of market expectation due, in part, to weak £. "We have recently been approached by our Allersys licensor (Immunodiagnostic Systems Holdings with a view to changing the nature of the commercial relationship with the Company. This could extend to the acquisition of all or part of our Allergy Business." But IDS have an armlock in that they can cancel the license.
Chamberlin (CMH) FY trading. Closing Leicester foundry. Will not hit FY profit. 2017 boost from unwinding FX hedges.
Blue Prism Group (PRSM) exp FY comfortably ahead of its existing expectations
Lightwaverf (LWRF) placing and open offer at 13p, a 21% disc.
Plutus PowerGen (PPG) 'Transformational' deal. An overused word. "Plutus has received an offer by a leading Big Six multinational utility company to fund up to 20% of any 20MW renewable fuel or gas powered flexible energy projects going forward... [This] enables PPG to start implementing the next phase of our strategy, which is focused on retaining a much larger share of the value of our projects for the benefit of our shareholders."
Instem (INS) warns on FY. "There is a range of possible outcomes for the year, dependent on the timing of new contract wins, as referred to above. The outlook for 2017 remains encouraging."
Palace Capital (PCA) H1. NAV per share up 1.2% to 419p. Adjusted EPS 10.8p (9.1p). Div 9p (7p). "We have not seen a negative impact from Brexit on our portfolio, which appears to be a London-focused issue, in fact we have seen increased activity in the towns and cities in which we operate." Outlook: very optimistic.


Notes (do not rely on the data)
DX.: Price=16.81. Cap=34m. F/C for current FY*: EPS=4.85, PE=3.5, Revenue=NA.
DX (Group) is a logistics and parcel distribution company operating in UK & Ireland. It provides next day delivery services for mail, parcels & 2-Man deliveries to business and residential addresses for both public & private sector companies.
THAL: Price=40.01. Cap=9m. F/C for current FY*: EPS=-1.21, PE=-33.1, Revenue=NA.
Thalassa Holdings operates in the energy services industry, focusing on marine geophysical services. The Company's operating segment is operations from geophysical project management, services and the supply of equipment.
ODX: Price=17.95. Cap=20m. F/C for current FY*: EPS=0.8, PE=22.4, Revenue=NA.
Omega Diagnostics Group manufactures, develops & distributes medical diagnostic products. It is also engaged in the research, development, production and marketing of in-vitro allergy tests used by doctors to diagnose patients with allergies.
CMH: Price=68.5. Cap=5m. F/C for current FY*: EPS=6.46, PE=10.6, Revenue=NA.
Chamberlin is engaged in the production and sale of iron castings. Its products include a variety of sizes and metal grades, and manufactures and sells light engineering products, predominantly into safety and security markets.
PRSM: Price=304.35. Cap=192m. F/C for current FY*: EPS=-6.41, PE=-47.5, Revenue=NA.
Blue Prism Group operates in the field of robotic process automation. The Company supplies software robots that can be trained to automate routine back-office clerical tasks.
LWRF: Price=16.9. Cap=3m. F/C for current FY*: EPS=NA, PE=NA, Revenue=NA.
LightwaveRF develops radio frequency technologies which enable households and businesses to remotely operate and control household applications including lighting, heating and security through smartphones and other web-based applications.
PPG: Price=3.18. Cap=22m. F/C for current FY*: EPS=-0.03, PE=-106.0, Revenue=1.40m.
Plutus PowerGen generates power from flexible stand-by power generation farms. The Company sells power to energy supply companies during periods of peak electricity demand or grid instability.
INS: Price=232.53. Cap=36m. F/C for current FY*: EPS=10.38, PE=22.4, Revenue=19.50m.
Instem provides IT solutions to the early development healthcare market. The Company's solutions for data collection, management and analysis are used by customers, to meet the needs of life science and healthcare organisations.
PCA: Price=366.1. Cap=93m. F/C for current FY*: EPS=21.36, PE=17.1, Revenue=13.70m.
Palace Capital is an investment company. The Company invests in properties, property backed businesses, private property companies, distressed properties and property services businesses.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 23-Nov-16

Ilika plc (IKA) H1 trading. Exp operating loss excluding share based payment charge, of around £1.9m (H1 2015: £1.8m). Wins grants of £1.4m over two years and $1m contract over 12 months. Bargepole.
TechFinancials (TECH) FY expects FY revenue to be in line with or marginally ahead of market expectations. Group EBITDA is anticipated to be ahead of market expectations.
Tavistock Investment (TAVI) £2.1m placing at 3p, a 24% discount, to fund acquisition.
Brammer (BRAM) rec offer of 165p, a 69% premium.


Notes (do not rely on the data)
IKA: Price=42.7. Cap=33m. F/C for current FY*: EPS=-2.27, PE=-18.8, Revenue=NA.
Ilika discovers and develops novel materials for mass market applications. It develops materials for corrosion resistant alloys, metal catalysts and hydrogen storage alloys.
TECH: Price=16.81. Cap=11m. F/C for current FY*: EPS=NA, PE=NA, Revenue=NA.
TechFinancials Inc through its subsidiaries is a software developer, supplying a trading solution to online brokers through whom its software is used by traders. It supplies software and services to brokers in the Binary Options market.
TAVI: Price=3.38. Cap=14m. F/C for current FY*: EPS=2.8, PE=1.2, Revenue=NA.
Tavistock Investments is an investment company. Its objective is the creation of a substantial and profitable business in the Financial Services sector by combining asset management and retail distribution activities.
BRAM: Price=96. Cap=124m. F/C for current FY*: EPS=6.3, PE=15.2, Revenue=734.10m.
Brammer is a distributor of industrial maintenance, repair and overhaul products and related inventory management, procurement and logistics services.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 24-Nov-16

HSS Hire (HSS) warns. "Given the scale, complexity and investment in the operational change being rolled out across the Group, we have taken the decision to extend the implementation period through to Q1 17 · This will impact on our core Rental and related revenue growth, and reduce the speed at which we can optimise our remaining network and reduce operating costs · As a result, Q4 trading will be at the lower end of management's expectations"
Purplebricks Group (PURP) does not expect the proposed abolition of tenant fees for letting will have any meaningful impact on the business.
Belvoir Lettings (BLV) on letting fee ban. "Less than 10% of the income derived by franchisees is from fees to tenants and, due to the broader revenue streams to the Group, the impact on total Group gross profit is anticipated to be less than 8%. "
Imaginatik (IMTK) H1 trading. Rev down,bookings down but loss down. Chmn pleased with this! ""We have enjoyed a steady first half of the year, substantially reducing trading losses while once again securing a good level of customer renewals and new customer wins."
Mirada (MIRA) H1 rev up but inc loss of £1.2m (-£0.8m). Outlook stmt has load of guff about customer loyalty and 'nurturing high-quality standards'. Show me the money!
Seeing Machines (SEE) AGM was held in Canberra. Anyone go?
Quixant (QXT) FY trading. Exp revenue not less than $86m and profit ahead of market expectations.


Notes (do not rely on the data)
HSS: Price=95. Cap=147m. F/C for current FY*: EPS=4.29, PE=22.1, Revenue=346.88m.
HSS Hire Group is a provider of tool and equipment hire and related services in the United Kingdom and Ireland.
PURP: Price=108.64. Cap=268m. F/C for current FY*: EPS=-1.22, PE=-89.0, Revenue=NA.
Purplebricks Group is an estate agency engaged in lettings business driven by a combination of professional local property experts, technology and customer facing software.
BLV: Price=114. Cap=39m. F/C for current FY*: EPS=4.4, PE=25.9, Revenue=10.30m.
Belvoir Lettings is engaged in the selling, supporting and training residential lettings franchises. It also operates letting agencies which is engaged in the collection of rent, and management of residential properties, let on behalf of landlords.
IMTK: Price=1.55. Cap=2m. F/C for current FY*: EPS=-0.2, PE=-7.8, Revenue=4.90m.
Imaginatik offers businesses software solutions and services that support a variety of idea management processes such as time limited events, ongoing suggestion programs and customized business processes.
MIRA: Price=5.25. Cap=7m. F/C for current FY*: EPS=NA, PE=NA, Revenue=7.42m.
Mirada is an audiovisual interaction technology company. It creates products and manages services that enable consumers to interact with and access audiovisual digital content on television, companion devices and online.
SEE: Price=4.25. Cap=45m. F/C for current FY*: EPS=-1.28, PE=-3.3, Revenue=NA.
Seeing Machines provides operator monitoring and intervention sensing technologies and services for the automotive, mining, transport and aviation industries. It develops products to detect and manage driver fatigue and distraction.
QXT: Price=315. Cap=206m. F/C for current FY*: EPS=11.85, PE=26.6, Revenue=NA.
Quixant is a developer and supplier of specialist computer systems. The Company designs and manufactures complete hardware and software solutions for the gaming.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[Asagi]

Regarding Belvoir Lettings (BLV)

Based on the Group's experience following a similar decision in Scotland in 2012, however, the Board anticipates that mitigating action should be possible over time and indeed it should be noted that no franchisees were lost in Scotland as a consequence.

so no lettings agents closed following the change in Scotland. That's not massively reassuring. I don't expect that these fees will be so easily passed on to landlords who can just go to another agent if not done at close to cost.

These changes will surely hit margin, won't they?

Asagi (no position)

[Ashfordian]

Mr C,

As I cannot rec your posts just thought I would say a quick thank you to show my(and likely others) appreciation for you continuing with these informative posts

[MrContrarian]

Smallcap Sweep. 25-Nov-16

Staying-up-past-midnight-and-no-bargains-worth-buying Friday sees Africa's Fastest Shrinking Airline shrinking well.
Doubled my modest short on CloudTag on exciting sounding RNS that is only a small step forward.

CloudTag (CTAG) pulls a field mouse out of the hat. agreement "for Cities to act as the Company's sole and exclusive sales representative to sell all of the Company's products to customers identified by CITIES. CITIES is believed to be [don't you know?] one of the largest commercialisation and distribution players with over 30 years' experience in North America" Oh, it's just the signing of a contract already trailed. And "Either party may terminate the agreement upon written notice at any time. There is no guarantee that any sales will arise from the Agreement,"
London And St Lawrence (LSLI) has started a strategic review with regard to the Company’s future.
Lamprell (LAM) wins 'significant' contract worth $225m from ScottishPower Renewables for the fabrication of multiple jackets and piles for the East Anglia One Offshore Wind Farm. Mfr scheduled to start in March 2017, with deliveries to be made between March and October 2018.
Fastjet (FJET) 'Africa's Fastest Shrinking Airline' says Stabilisation Plan on track to achieve 10-15% reduction in operating cost. Needs to raise extra capital. Chairman leaving. Airfreighterpole.
Redt Energy (RED) first Gen 2 energy storage machine has been manufactured and shipped to the Company's development centre. Also additional commercial sale of a Gen 2 energy storage machine to University of Strathclyde


Notes (do not rely on the data)
CTAG: Price=9.48. Cap=36m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
CloudTag Inc is engaged in designing, development and sale of wearable devices and software for the consumer health and well-being markets for retailing and distribution.
LSLI: Price=349. Cap=102m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
LAM: Price=86.13. Cap=296m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
Lamprell is engaged in the assembly and new build construction for the offshore oil and gas and renewable sectors; fabricating packaged, pre-assembled and modularised units; constructing accommodation and complex process modules.
FJET: Price=14. Cap=14m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
FastJet provides airline services. It is a holding company for a low-cost airline which operates flights under the fastjet brand in Tanzania using a fleet of three Airbus A319 aircraft.
RED: Price=14.17. Cap=65m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
RedT Energy and its subsidiaries develops and supplies durable & robust energy storage systems based on proprietary vanadium redox flow technology for on and off-grid applications.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[MrContrarian]

Smallcap Sweep. 28-Nov-16

Rosslyn Data Technologies (RDT) Warning? "The management's focus on achieving cash flow breakeven is progressing and remains on track." but "... the average cost of acquiring a new client is trending lower, despite a slow-down in the time to win contracts..." Two nonsensical phrases there. A "slow-down in the time"? Is that an Einstein relativistic effect or just feckwit PR?
Circle Holdings (CIRC) CEO leaving 1 Dec. CFO promoted to CEO.
"Trakm8 (TRAK) Warns of possible FY miss. H1 Rev up 12% but adj EPS down 69% to 1.58p. H2 weighting is expected to be greater than usual. ""Strong delivery of our near term pipeline would deliver revenues and profits in line with current expectations, although there is a downside risk that if contracts drift into the next financial year profits would be broadly in line with last year on higher revenues."" "


Notes (do not rely on the data)
RDT: Price=9.6. Cap=7m. F/C for current FY*: EPS=-0.9, Prospective PE=-10.7, Revenue=NA.
Rosslyn Data Technologies along with its subsidiaries is engaged in providing analytical services to its clients by combining technologies including data extraction, cleansing, enrichment, and visualisation through RAPid platform.
CIRC: Price=18.27. Cap=46m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
Circle Holdings along with its subsidiaries is engaged in providing healthcare services in the United Kingdom including treating privately insured, self-pay and NHS-funded patients.
TRAK: Price=191.52. Cap=60m. F/C for current FY*: EPS=15.7, Prospective PE=12.2, Revenue=34.00m.
Trakm8 Holdings is a holding company. The Company through its subsidiaries is engaged in manufacturing, marketing and distribution of vehicle telematics equipment and services.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[jackdaww]

many thanks MrC for this helpful supply of info.

.

[tabhair]

Thanks for doing these, I always look out for them in the morning.

[TIPIT]

Thanks Mr Contrarian for continuing the service of providing daily updates. Much appreciated

[MrContrarian]

Smallcap Sweep. 29-Nov-16

Satellite Solutions (SAT) exp FY beat.
VP (VP.) exp FY beat.
Versarien (VRS) H1 rev down, loss up, largely as a result of reduced component supplies to the oil and gas sector yet outlook "very promising especially for graphene". Net cash down to £1.4m.
Independent News & Media (INM) notes media speculation, "confirms that an issue arose between the Chief Executive Officer and the Chairman in relation to the terms of a possible acquisition by the Company. Discussions on the possible acquisition ended at a preliminary stage." All settled. That's nice.
"IG Design Group (IGR) exp FY beat helped by weak £."
"Mysale Group (MYSL) exp slight FY beat."
Crawshaw Group (CRAW) notes SP fall and says it trade sin line with management expectation. Recent 4 week LFL down 'only' 8% as big hitter CEO from Lidl reverses changes he made.


Notes (do not rely on the data)
SAT: Price=8.07. Cap=43m. F/C for current FY*: EPS=0.12, Prospective PE=67.3, Revenue=NA.
Satellite Solutions Worldwide Group is engaged in the provisioning of satellite broadband telecommunications and associated/related services and products.
VP.: Price=765. Cap=307m. F/C for current FY*: EPS=62.57, Prospective PE=12.2, Revenue=228.08m.
Vp is engaged in equipment rental and associated services conducted in the United Kingdom and Europe. It provides products & services to end markets including rail, transmission, water, civil engineering, construction, house-building and oil and gas.
VRS: Price=12.74. Cap=15m. F/C for current FY*: EPS=-0.3, Prospective PE=-42.5, Revenue=NA.
Versarien is engaged in the engineering materials business developing valuable new materials through the commercialization of new manufacturing processes.
INM: Price=0.12. Cap=NA. F/C for current FY*: EPS=2.62, Prospective PE=0.0, Revenue=337.61m.
Independent News & Media is a newspaper contract printer and wholesale newspaper distributor on the island of Ireland.
IGR: Price=287.98. Cap=180m. F/C for current FY*: EPS=14.28, Prospective PE=20.2, Revenue=268.50m.
IG Design Group along with its subsidiaries is engaged in the design, manufacture, import and distribution of gift packaging and greetings, social expression gift-ware, stationery, bags and creative play products.
MYSL: Price=96.88. Cap=147m. F/C for current FY*: EPS=0.42, Prospective PE=230.7, Revenue=NA.
MySale Group and its subsidiaries operates online shopping outlets for consumer goods like ladies, men and children's fashion clothing, accessories, beauty and homeware items.
CRAW: Price=23.75. Cap=19m. F/C for current FY*: EPS=-1.02, Prospective PE=-23.3, Revenue=45.70m.
Crawshaw Group PLC, through its subsidiaries, operates a chain of meat retail food stores. The Company has 39 retail outlets across Yorkshire, Derbyshire, Nottinghamshire and Lincolnshire and two distribution centers in Grimsby and Rotherham.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[Asagi]

I think you 'forgot' a couple MrC. What are your parameters other than 'whatever I want them to be?'

Chamberlin, £5m market cap metal basher:
Statutory loss after tax was £391,000 (2015: loss of £367,000)...
Statutory basic loss per share was 4.9p (2015: loss of 4.6p)...

pension liabilities increased £2.5m to £7m.

Post period, decision taken to commence orderly wind-down and closure of non-core Leicester foundry

http://www.investegate.co.uk/chamberlin ... 00093522Q/

but the 'real' news came back in March, when a new contract was won

http://www.investegate.co.uk/chamberlin ... 00113806Q/

Board is pleased to report a major new automotive contract win worth an additional £3.3m of sales per annum. The initial benefits of the new contract will be felt in the second half of the financial year to 31 March 2017, with production volumes coming on stream more fully thereafter.

Chamberlin's new facility includes the ability to fully machine their turbo charger bearing housings, which means that the machining supplier can be taken out of the chain.

Today's statement:
The new facility will generate incremental sales from January 2017 onwards. We remain especially excited about the additional opportunities this new capability will open up for us over the medium term.

In June the Walsall foundry was promoted to 'Category A' supplier status by one of its major customers, IHI Europe Ltd, which provides charging systems in the European turbocharger sector. The foundry's promotion to this categorisation is significant because it means that Chamberlin will now be automatically included in quoting for all future bearing housing opportunities at IHI Europe Ltd. It is one of only two suppliers which holds this status.

Exciting times at this AIM smallcap.

The other one was Patisserie Holdings (CAKE):
Bid: offer 267p:270p
Marker cap: £258m
P/E (forecast): 16.6
Yield (forecast): 1.24%

FY to 30 September:
http://www.investegate.co.uk/patisserie ... 00083481Q/

revenue +13.3%
EBITDA +18.1%
Basic EPS +20.4%
(final) dividend +19.8%

Net cash at year end of £13.3m (2015: £6.1m) with operating cash inflows of £22.0m (2015: £18.3m)
...
184 stores at end of year (2015:166)
Six new stores opened since the year end with a well developed pipeline for 2017. The Group continues to target 20 new store openings per annum...
...
[i]online channel continues to grow with digital sales of £3.8m up by 23% (2015 £3.1m)

I reckon that if you add continued roll out to some similar online growth you can get to the forecast revenues for 2017.

Asagi (no position CMH, long CAKE)

[MrContrarian]

Smallcap Sweep. 30-Nov-16
Start a fight over Castro in a Revolución de Cuba bar.

AFC Energy (AFC) involved in feasibility study. RNS makes it sound like the Apollo moon project.
Watchstone Group (WTG) total shock to no-one as Slater and Gordon takes step to retain the £50m payment held in escrow. Watchstone will now not proceed with its further capital return to shareholders until the warranty claim detailed above is resolved.
Sepura (SEPU) bid deadline extended to 9 Dec. Talks are 'positive'.
Telford Homes (TEF) H1 pretax down due to development timings but div up. Outlook positive despite 100% London housebuilding. "well positioned to deliver on our targets of achieving more than £50 million of annual pre-tax profit by 31 March 2019 and doubling the size of the business over the next five years."
Revolution Bars (RBG) celebrate the death of the ruthless dictator/ mourn the great liberator Castro as RBG open four more Revolución de Cuba bars in the last eight weeks of 2016.


Notes (do not rely on the data)
AFC: Price=21.2. Cap=66m. F/C for current FY*: EPS=-2.34, Prospective PE=-9.1, Revenue=NA.
AFC Energy develops alkaline fuel cell technology using hydrogen to produce electricity. It provides alkaline fuel cell technology in an industrial application and the technology to provide electricity in the United Kingdom.
WTG: Price=170. Cap=78m. F/C for current FY*: EPS=-36.15, Prospective PE=-4.7, Revenue=NA.
Watchstone Group provides technology enabled sales, legal and business process outsourcing services. The Company's business segments are Solutions and Services. It also offers SaaS solutions.
SEPU: Price=20.25. Cap=76m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=177.68m.
Sepura is engaged in the design, development and supply of digital radio solutions, complementary accessories, support tools and devices. Its solutions bring together radio infrastructure, terminals and data applications.
TEF: Price=320.7. Cap=241m. F/C for current FY*: EPS=35.6, Prospective PE=9.0, Revenue=NA.
Telford Homes is a residential property developer engaged in building new homes in inner London. The Company has one business segment being housebuilding and it operates in the United Kingdom.
RBG: Price=181.9. Cap=89m. F/C for current FY*: EPS=16.33, Prospective PE=11.1, Revenue=133.10m.
Revolution Bars Group operates premium bars. The Company trades from its portfolio of 57 bars located in town or city high streets across the UK, which it operates under the Revolution and Revolución de Cuba brands.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian

[SwissPaul]

A Concrete future for Breedon BREE

BREEDON GROUP PLC ("Breedon" or "the Group")

Trading Update

Trading performance
Breedon delivered a strong performance in the 10 months to 31 October 2016. Both volumes and revenues in the former Breedon Aggregates business were ahead of the prior year, supplemented by a three-month contribution from the former Hope Construction Materials business ("Hope").
Including Hope, Group sales volumes of aggregates increased by 25 per cent, asphalt by 1 per cent and concrete by 96 per cent1.
Total Group revenue for the 10-month period increased by 31 per cent to approximately £361 million. The integration of Hope is progressing well, with synergies coming through earlier than had previously been expected.

Assuming that weather conditions remain favourable for the remainder of the financial year, the Group's underlying EBIT for the full year is expected to be ahead of current market expectations2.

Acquisition of the Sherburn Minerals Group
Furthermore, Breedon has today announced the acquisition of the Sherburn Minerals Group ("Sherburn") for a total consideration of up to £15.7 million, funded from the Group's existing resources. Sherburn is a heavyside building materials business with operations in the north of England and Scotland, supplying aggregates and ready-mixed concrete, together with cement from two import terminals in Blyth near Newcastle and Dundee in eastern Scotland.
Further information on this acquisition is provided in the separate announcement released by the Group today.

Outlook
The UK economy has generally held up well following the EU Referendum result in June. Construction activity has been broadly sustained and, although uncertainty remains about the likely timing and terms of our departure, we remain positive about the outlook for the industry. We were encouraged by the Chancellor's stated commitment last week to increase investment in our national infrastructure, together with continued support for housebuilding, both of which should have a beneficial impact on our business in the medium term.

I Hold

[MrContrarian]

Smallcap Sweep. 01-Dec-16

Interquest Group (ITQ) warns on FY. "Following a period of underperformance in the Company's London based digital division of ECOM it has been necessary to restructure the division and revise the sectors the business focuses on. This change is to counter lower than expected volume of work from the agency sector." Also lower demand in the public sector and a small number of large value placements delayed into 2017.
Character Group (CCT) FY adj eps op 23%. Div up 36% to 15p. Mitigating input costs due to weak £ and expansion of exports maintains current gross profit margin levels. Stretch Armstrong relaunched (but is he reimagined?) with initial sales exceeding expectation.
Inland Homes (INL) AGM stmt. Planning consent for 239 units at the JV in High Wycombe. Working on a number of initiatives to offer 'even lower cost housing' (???) in the South East. Look forward to those bijoux cardboard boxes at Railway Arches.
Mobile Streams (MOS) placement at 4p and OO via PrimaryBid. 50% discount and ~100% dilution. Nasty.
Thalassa Holdings (THAL) Duncan Soukup gives up attempt to pack board of Local Shopping REIT (LSR) as instos support LSR.


Notes (do not rely on the data)
ITQ: Price=30. Cap=11m. F/C for current FY*: EPS=8.53, Prospective PE=3.5, Revenue=159.00m.
InterQuest Group is an IT recruitment company providing contract and permanent services within UK, Europe and Singapore. The Company's divisions cover industries such as Public Sector, SAP, Oracle, CRM Testing, Banking, and Insurance, among others.
CCT: Price=460.75. Cap=100m. F/C for current FY*: EPS=46.23, Prospective PE=10.0, Revenue=NA.
Character Group (The) is engaged in the design, development and international distribution of toys, games and giftware. The Company operates in the United Kingdom and the Far East.
INL: Price=60.9. Cap=122m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
Inland Homes is a developer of urban regeneration projects around southern England. It is engaged in acquiring residential and mixed use sites and seeking planning consent for development.
MOS: Price=4.72. Cap=2m. F/C for current FY*: EPS=NA, Prospective PE=NA, Revenue=NA.
Mobile Streams is engaged in the sale of mobile content through Multi-National Organisation's, the sale of mobile content over the internet and the provision of consulting and technical services.
THAL: Price=42.5. Cap=9m. F/C for current FY*: EPS=0.23, Prospective PE=184.8, Revenue=NA.
Thalassa Holdings operates in the energy services industry, focusing on marine geophysical services. The Company's operating segment is operations from geophysical project management, services and the supply of equipment.

* F/C for prev FY if Prelims released today
Data: yahoo, Google, Morningstar
DYOR, E&OE etc etc. Your sanity may be at risk if you invest in smallcaps. I may have a position in any or all of the shares covered.

RNSs
http://www.investegate.co.uk/index.aspx?limit=-1

@MrContrarian
read it first on Twitter

[Donut102]

Chamberlin, £5m market cap metal basher:

but the 'real' news came back in March, when a new contract was won

Board is pleased to report a major new automotive contract win worth an additional £3.3m of sales per annum. The initial benefits of the new contract will be felt in the second half of the financial year to 31 March 2017, with production volumes coming on stream more fully thereafter.

Chamberlin's new facility includes the ability to fully machine their turbo charger bearing housings, which means that the machining supplier can be taken out of the chain.

Today's statement:
The new facility will generate incremental sales from January 2017 onwards. We remain especially excited about the additional opportunities this new capability will open up for us over the medium term.

In June the Walsall foundry was promoted to 'Category A' supplier status by one of its major customers, IHI Europe Ltd, which provides charging systems in the European turbocharger sector. The foundry's promotion to this categorisation is significant because it means that Chamberlin will now be automatically included in quoting for all future bearing housing opportunities at IHI Europe Ltd. It is one of only two suppliers which holds this status.

Exciting times at this AIM smallcap.

Note also substantial upgrade by broker Panmure for forecast 2018 and 2019. Turnaround play starting to come good.
Donut
(Long CMH)