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MrC's Smallcap Sweeps for June 2024

Discuss Stock buying Shares, tips and ideas for stock market dealing
MrContrarian
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MrC's Smallcap Sweeps for June 2024

#667141

Postby MrContrarian » June 3rd, 2024, 7:35 am

Smallcap Sweep. 03-Jun-24
Disorganised crime

Infrastructure India (IIP) proposes to delist to ease the realisation of assets. With a 99.9%+ value destruction, its work on AIM is done. [SP=0.1 Cap=m]
Hostmore (MORE) AGM stmt - rev in 20 weeks ended 18 May down 10% but EBITDA up £3.3m. In line? [SP=16 Cap=21m]
WH Ireland (WHI) sells Capital Markets Division to Zeus For £5m max. Only £1 now, rest contingent. Outlook - "improving market conditions, the benefits of the cost reduction programme and the sale of the Capital Markets Division announced today will, should the recent market improvements continue, enhance the prospects for the WH Ireland Wealth Management Division". [SP=4.2 Cap=9m]
The Property Franchise Group (TPFG) £20m acquisition, immediately earnings enhancing. [SP=400 Cap=252m]
Franchise Brands (FRAN) guides FY-Dec adj EBITDA at the top end of market expectations of £29.3m to £30.1m. FY accounts delayed due to regulatory technicality following a takover. [SP=190 Cap=367m]
Fadel Partners (FADL) wins c$1.5m 3 year contract and a $0.2m contract . [SP=140 Cap=28m]
Marlowe (MRL) confirms timetable for £150m special div resulting from sale of division. [SP=558 Cap=540m]
hVIVO (HVO) wins £2.5m contract for world's first Omicron BA.5 (Covid) challenge model. [SP=26.6 Cap=181m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Re: MrC's Smallcap Sweeps for June 2024

#667355

Postby MrContrarian » June 4th, 2024, 7:28 am

Smallcap Sweep. 04-Jun-24
Fool injectioned performance

Mission (TMG) Brave Bison's revised offer (equivalent to 35p) undervalues Mission but it is evaluating it. [SP=24.8 Cap=23m]
Checkit (CKT) makes possible all-share offer for Crimson Tide worth 182p. [SP=24.6 Cap=27m]
Deltex Medical (DEMG) new TrueVue System selected by NHS Supply Chain as a pre-approved device that can be purchased by NHS hospitals. [SP=0.12 Cap=2m]
Plant Health Care (PHC) a range of new crops approved for foliar applications of Employ in California BY Wilbur-Ellis, one of the largest U.S. retailers of agricultural products. [SP=6.25 Cap=21m]
Quantum Blockchain Technologies (QBT) receives the €700k First Sipiem Settlement. Pays €170k to the Receiver. [SP=0.95 Cap=13m]

In line: SNX, ELCO, VLG, GHH
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Re: MrC's Smallcap Sweeps for June 2024

#667558

Postby MrContrarian » June 5th, 2024, 7:42 am

Smallcap Sweep. 05-Jun-24
Crash runway

Angle (AGL) £8.5m placing + £2m OO at 15p, a 17% discount, for its commercialisation plan and working cap. In April 2023 it said the cash runway ran into H2 2024. Well I suppose it did, only to need another placing. Fundraise has allowed it to publish FY-Dec. Guides H1-June rev £1-1.3m. [SP=18 Cap=47m]
Roadside Real Estate (ROAD) its Cambridge Sleep Sciences division gets second purchase order from Mammoth giving £100k royalties. [SP=11.9 Cap=17m]
Insig AI (INSG) £0.8m subscription at 12.5p, a 2% discount, for sales and marketing and working cap. [SP=12.92 Cap=14m]
Churchill China (CHH) AGM stmt - "trading remains broadly in line with management's expectations. Productivity and yield continue to improve." FY exp unchanged. [SP=1166 Cap=128m]
STV (STVG) guides H1 Total Advertising Revenue up 10-12%, driven by Euro 2024. Co "remains on track to deliver its ambitious growth plans out to 2026". [SP=283 Cap=132m]

In line: RFX, RTC
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Re: MrC's Smallcap Sweeps for June 2024

#667839

Postby MrContrarian » June 7th, 2024, 7:32 am

Smallcap Sweep. 07-Jun-24
Smallcaps weep

Caffyns (CFYN) FY-Mar rev up 4%. U/L pretax -£566k (+£3.1m). FY div 7.5p (22.5p). Outlook - trading has remained challenging. Some manufacturers continuing their transition to new agency arrangements which may result in some short-term disruption to the market. EV demand weak. [SP=546 Cap=15m]
SRT Marine Systems (SRT) warns FY-June rev £14m lower than expected due to contract completion administrative processes. Co "in a positive position to weather the project delays". [SP=18.2 Cap=41m]
Physiomics (PYC) wins £162k five month contract for its Virtual Tumour technology. [SP=1.35 Cap=2m]
The Property Franchise Group (TPFG) AGM stmt - momentum has continued to build. "Our longstanding businesses have traded in line with our growth objectives." [SP=442.22 Cap=276m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Posts: 1806
Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for June 2024

#668202

Postby MrContrarian » June 10th, 2024, 7:29 am

Smallcap Sweep. 10-Jun-24
Smoking ruin

Chill Brands (CHLL) update on this car crash. Sacked CCO Antonio Russo has transferred chill.com to himself. Also $400k transferred from US subsidiary to Russo and ex COO Trevor Taylor. "We are totally shocked by the extent of destructive behaviour and actions of Mr Taylor and Mr Russo." [SP=2.15 Cap=11m]
Woodbois (WBI) now expects to get FY-Dec results out this month. [SP=0.54 Cap=22m]
Arecor Therapeutics (AREC) needs new funds sooner, in Q3 2024 due to higher working cap. Guides FY24 rev in line with market expectations,. [SP=155 Cap=49m]
Partway (PTY) has not found an RTO candidate and proposes de-listing. Will return capital to holders. [SP=0.75 Cap=1m]

In line: MEGP
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Posts: 1806
Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for June 2024

#668372

Postby MrContrarian » June 11th, 2024, 7:27 am

Smallcap Sweep. 11-Jun-24
Don't cry for me, Stockopedia

Directa Plus (DCTA) £6.8m placing at 18p, a 9% discount, for Setcar acquisition, capex and capital for growth. [SP=20 Cap=13m]
Novacyt (NCYT) settles case with Gov't, pays £5m, a fraction of the claim for faulty tests. [SP=69.21 Cap=58m]
Cordel (CRDL) gets its I-powered Gauging File Production certified by Network Rail. The tech captures data from trains running at full speed in passenger service. [SP=4.34 Cap=9m]
Raspberry Pi (RPI) lists today after IPO at 280p, a £540m cap. [SP=NA Cap=NA]

In line: CRU, IDOX, OMG
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Posts: 1806
Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for June 2024

#668530

Postby MrContrarian » June 12th, 2024, 7:46 am

Smallcap Sweep. 12-Jun-24
Soft upholstery

DFS Furniture (DFS) warns FY-June rev c. £1bn and adj pretax only £10-12m. Blames weak mkt, Red Sea delays. Demand in the upholstery sector down 10%. Q4 order intake was up over 9%, in line. [SP=112.6 Cap=264m]
Belluscura (BELL) to raise up to £2.4m with converts. Terms yet to be agreed! Trading - sales of X-PLOR portable oxygen concentrator in the US $820k in Mar-May [SP=11 Cap=18m]
Equals (EQLS) Madison Dearborn Partners pulls out of bid talks. PUSU extended for the eighth time, to 10 July. [SP=120.65 Cap=226m]
Woodbois (WBI) has restructured its Gabon Operation, cutting costs etc. [SP=0.54 Cap=21m]
HSS Hire (HSS) loses Amey as a customer from Dec. It accounted for c.7% of rev and 10% of adj EBITA in 2023. [SP=8.4 Cap=60m]
Checkit (CKT) expansion with Octaphama Plasma worth c.£718k over 3 years. [SP=22.2 Cap=24m]
Frontier Developments (FDEV) guides FY-May ahead of exp with rev c.£89m and adj EBITDA positive. Guides FY25 in line. [SP=277 Cap=109m]
Genflow Biosciences (GENF) gets €396k grant. [SP=3 Cap=10m]
Proton Motor Power Systems (PPS) wins first follow-up order from H2tec. £££. [SP=2.18 Cap=36m]
Dillistone (DSG) AGM stmt - trading is marginally ahead of management expectations for H1 but mkt has softened further in Q2. [SP=9.5 Cap=2m]
Image Scan (IGE) wins £350k+ order for delivery in H2 FY24. [SP=1.52 Cap=2m]
Castings (CGS) FY-Mar rev up 11% and pretax £21.3m (£16.7m). In line? Outlook - "Our heavy truck customers are suggesting that the current lower levels of demand are likely to continue in the short-term with the potential for a slight increase in the autumn". [SP=370 Cap=161m]

In line: RWS
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for June 2024

#668749

Postby MrContrarian » June 13th, 2024, 7:31 am

Smallcap Sweep. 13-Jun-24
Election de-rails Tracsis

Tracsis (TRCS) warns FY-July rev only £80-82m vs F/C £85.2m. Adj EBITDA also hit. Blames early election causing rescheduling of certain projects and a short-term contraction of new order activity. Also US orders have slipped into FY25. Expects FY25 in line. [SP=891.5 Cap=276m]
Physiomics (PYC) wins £186m contract to be completed in cal 2024. [SP=1.23 Cap=2m]
Origin Enterprises (OGN) warns FY-June adj EPS 45-48 cents. Blames wet weather. [SP=3.06 Cap=329m]
Palace Capital (PCA) 250p tender offer. [SP=225 Cap=85m]
PensionBee (PBEE) AuM hits £5bn. [SP=153.5 Cap=345m]
Galliford Try (GFRD) wins £69m contract to build a school. [SP=234 Cap=240m]

In line: DIA, NWF, CTG, NXR
Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian

MrContrarian
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Posts: 1806
Joined: November 4th, 2016, 2:45 pm
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Re: MrC's Smallcap Sweeps for June 2024

#668935

Postby MrContrarian » June 14th, 2024, 7:27 am

Smallcap Sweep. 14-Jun-24
A dog with two fails

RegTech Open Project (RTOP) to the surprise of the gullible everywhere, Zamboni stalling again on payment. $1.5m won't be paid today. [SP=4.5 Cap=3m]
Aptamer (APTA) partnership with Microsaic Systems for Optimer-enabled water monitoring. [SP=0.72 Cap=3m]
CPP (CPP) sells legacy operations in Italy for €0.5m. [SP=169.16 Cap=15m]
Global Ports Holding (GPH) guides FY-Mar rev down 9% and adj EBITDA up 47%. CO has started the 2024 cruise season strongly. [SP=263 Cap=201m]
Keywords Studios (KWS) PUSU offer deadline extended to 28 June. [SP=2149.97 Cap=1716m]


Notes SP & cap are 20m delayed
DYOR, E&OE etc etc. I may have a position in any or all of the shares covered.

@MrContrarian


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