3518 days ago
My second share tip for Easter is a tech stock but not one of those that has zero revenues or uses the dreaded EBITDA metric to justify its lack of real profits. This is a real company making real profits. Tip two is Vislink (VLK) at 51p.
A couple of weeks ago it announced results for the 2014 calendar year and that its “markets continue to be challenging” but said that that its revenues were being buoyed by its expanding higher-margin software offering and more efficient integrated communication division under new leadership.
3785 days ago
Written with Steve Moore: AIM listed tech stock Lombard Risk Management (LRM) has issued a trading update that it “remains on target to achieve the market growth forecasts for the current year… supported by recent new licence wins and additional new orders won with existing customers” as well as announcing the appointment of a new Chief Financial Officer, Nigel Gurney.
Forecasts are currently for a reported full-year pre-tax profit of £5 million on revenue of £22.5 million, up from a prior year £4.42 million on £20.40 million. I note ‘reported’ since significant investment costs are capitalised here - £4.22 million more than depreciation + amortisation last year, with the company then commenting “we expect research and development costs to reduce in the 2014/15 financial year as a percentage of revenues but at the same time it would be very short sighted not to invest in our future growth”.
As noted
3930 days ago
Back in November I flagged that having puffed its shares up to 11.6p, AIM Cesspit dog tech stock Vipera (VIP) was planning a £500,000 fund raise at 6p. The shares tanked and the placing was pulled. So to plan B.
First up was a trading statement on 20th November 2013 saying that FY revenues would be well ahead on 2012 and 1.4 million Euros. Sounds great. But hang on Henry, first half revenues were 732,000 Euro so this cannot exactly be viewed as a growth situation can it?
3974 days ago
All three of my tips of the year are based on my macro assumptions which you can find HERE. In this case this is a play on UK GDP growth – I start with recruitment business Interquest (ITQ) at a 92p offer price.
3974 days ago
All three of my tips of the year are based on my macro assumptions which you can find HERE. In this case this is a play on UK GDP growth plus the sexiness of tech – my second tip of the year 2014 is software business Advanced Computer Software (ASW) at a 105p offer price.
3974 days ago
All three of my tips of the year are based on my macro assumptions which you can find HERE. In this case this is a play on the sexiness of tech & the long term (groan, groan) burgeoning of demand for companies to spend ever more on compliance– tip 3 is software business Lombard Risk Management (LRM) at a 13.5p offer price
4011 days ago
K3 Business Technology (KBT) has updated at its AGM that “the group is trading in line with management targets and that opportunities in the retail marketplace have improved, which helps to support the conversion of our pipeline”.
4034 days ago
I tipped shares in AIM listed tech stock Enables IT (EIT) a few weeks ago at 37p on this website. Following a £2.5 million placing at 36p and a US acquisition announced yesterday the shares are now 40.5p. There is a lot further to go.
4081 days ago
AIM listed tech stock K3 Business Technology (KBT) has announced results for its year ended 30th June 2013 reflecting "very weak markets, especially in the retail sector, at a time of major investment in Project Gemstone, which is delivering a new Microsoft-certified AX solution for the retail market” , but reports that it ended the year "very encouragingly.”
4166 days ago
A reliable market source tells me that legendary small cap investor Bob Morton has invested a material (if non disclosable) sum in a £900,000 fund-raising by AIM listed Enables IT (EIT), the software business formerly known as Nexus. I understand that the funding will be at 36p and is due to be announced by the weekend.
4233 days ago
It is funny how some companies bury good news. AIM listed tech stock Lombard Risk Management (LRM) issued an RNS on Friday headlined “notice of results.” I just assumed that it stated “Lombard will issue its results on such and such a date” and as such did not bother to read the actual release. Daft old me.
In fact the statement says more than that results for the year to March 31st will be released on May 14th. It adds:
4237 days ago
AIM listed Tech stock 1Spatial (SPA) is on a share price roll. Those who followed my advice to buy the stock at 2p on 12th September owe me a tub of salted caramel ice cream as the shares are now at 8.875p valuing the company at a shade under £30 million. So what next?
4267 days ago
I have always believed that Imagination Technologies (LSE:IMG) is a good company. And you have to pay for quality. But you can overpay for quality and right now that is what investors in this stock are being asked to do. The company issued a detailed trading statement on 12 March which should not have provided ammunition for the bulls but the shares are now trading higher than a few weeks ago at 552p. Shorting a FTSE 250 stock right now is a risky business. Money is flowing into the second liners (from bonds) and this pushes valuations to ever more “generous” levels. And so I fully admit to calling this tech stock wrong (short term) as a sell on February 5th at 523p.
4268 days ago
I note an announcement the other day that AIM listed tech stock Blinkx (LSE:BLNX) had granted yet another 1.5 million share options to its senior execs. The subject of executive share options always seems to cause some folks to get their knickers in a twist. I am not so sure.
4272 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his analysis of tech stock Imagination Technologies. Steve writes...
Imagination Technologies (IMG), the FTSE 250 technology chip designer, has updated on trading since its 31st October 2012 half year-end. At a current 550p, the shares are massively ahead of their 33.25p November 2008 lows but down on the in excess of 700p they reached in March and April of 2012. The following reviews the company’s trading update and whether the current share price represents value…
4273 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his analysis of tech stock Anite. Steve writes...
Shares in Anite plc (AIE), a FTSE 250 constituent and provider of testing systems to the wireless market and reservation and e-commerce solutions to the leisure travel industry, at the time of writing trade more than 16% down on today, at 130p, following the company’s release of an update covering the period from 1st November to 8th March. The shares are still significantly ahead on late 2008 lows of sub 21p and sub 94p at the start of 2012, but does today’s move provide an opportunity? The following reviews this…
4287 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a share tip he has published on mid cap tech stock Oxford Instruments. Steve writes…
Oxford Instruments (OXIG), a provider of high technology tools and systems for industry and research, was the first technology business to be spun out from Oxford University and is now a FTSE 250 constituent. It has become so as it has successfully innovated to become a leading provider of new generation tools and systems, with the shares having risen from little more than 100p in March 2009 to currently trade at 1,726p – capitalising the company at £982 million. Following a trading update earlier this month, the following reviews whether there remains value on offer here…
4290 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a share tip he has published on mid cap tech stock Micro Focus International. Steve writes…
Micro Focus International (MCRO), a FTSE 250 provider of software which enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk, yesterday updated that trading in the three months to end January was in line with expectations and that it expects adjusted EBITDA for its year ending 30th April 2013 to be “in line with current market expectations”. The shares have recovered from sub 240p in August 2011 to a current 665.5p – capitalising the company at approaching £1 billion – and the following reviews yesterday’s announcement and the current investment proposition here…
4293 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you an article he has published on tech stock Emis Group, a company I know absolutely nothing about. Steve writes…
Shares in EMIS Group (EMIS), a leading UK supplier of clinical software and related services to GP practices and other healthcare practitioners and a major software supplier to high street pharmacies, commenced 2013 at more than 900p but fell more than 16.5% (to 750p) on 24th January as the company reported “lower than planned revenues from the Australian defence contract, training and integrated care services. Group adjusted operating profit is expected to be marginally below analysts’ expectations, largely as a result of the accelerated staff and recruitment costs associated with the EMIS Web roll out and the slight revenue shortfalls highlighted above”. The shares have further declined since to trade at a current 650p, capitalising this AIM-listed company at £380.5 million. The following analyses whether this current, lower level represents value…
‘EMIS Web’ is the company’s ‘next generation’ clinical software system which enables GPs and other healthcare practitioners to connect with each other and securely share access to patients’ electronic health record. An accelerated roll out of this is noted to be “proceeding to plan”, whilst RX Systems, the group’s community pharmacy division, is “delivering a strong performance”. The company added the sum result is that group revenues for 2012 are expected to be not less than £86 million, with year-end net cash of £7.7 million.
4293 days ago
Steve Moore and I worked together at t1ps.com from the day he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty website but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you an article he has published on tech stock Phoenix IT, a company I know a bit about. Steve writes…
Phoenix IT Group (PNX), a fully-listed IT services company to UK enterprises, updated last week (13th February 2013) that it “currently believes the Group’s EBITDA for the year to 31 March 2013 will be around 10% below market expectations, but is encouraged by an improving order book and pipeline”. Having traded at more than 230p in 2012 and commenced 2013 at 184p, the shares presently trade at 157p, capitalising the company at £118.3 million. In light of the ‘improving order book and pipeline’, the following reviews whether there is value on offer here…
The update revealed that the group’s annual contract value (£194.3 million) and order book (£322.2 million) at the end of calendar 2012 were both improved on the positions at the end of the prior quarter (£187.7 million and £284.6 million respectively). However, it added that some slippage in current work has been experienced and that the company “remains cautious about its short term financial performance”.
4294 days ago
Advanced Computer Software (ASW), arguably the best run buy and build software services group in London, has announced a £44 million placing at 80p. Post the completion of that placing Advanced will have (according to its house broker) net cash of £42 million and credit lines available to it of £74 million to make acquisitions. But in the absence of such deals on the table right now, the issue is dilutive so are investors buying a pig in a poke?
According to the house broker Arden Partners, if Advanced’s CEO Vin Murria makes no acquisitions the effect on earnings per share of this placing is to reduce the February 28th 2014 forecast from 4.9p to 4.5p and the 2015 forecast from 5.2p to 4.7p. Arden forecasts earnings of 4.5p this year ( up from 4.2p last). But to assume such numbers is to bet against Murria who, quite simply, has the best track record in buy and build in UK software services. She is a bird worth backing and following.
4297 days ago
Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty websital but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you a piece he has published on Wales based IQE – natch I agree with him Steve writes…
Shares in AIM-listed IQE plc (IQE), a manufacturer and supplier of bespoke semiconductor wafers to the major chip manufacturing companies, which then use them to make the chips which form the key components of high technology systems, were recommended on the Nifty Fifty website in December at a 28.5p offer price and I also wrote them up last month on the One Free ShareTip offering with the shares then at 34.25p. Now at 35.75p – 36p, meaning a market cap of more than £230 million, the following reviews the investment case here…
4301 days ago
When a company issues an RNS headlined “Trading Statement” there is always a heart in moth moment as you open it up – is this a profits warning? No such concerns today with Blinkx (BLNX) which has announced that after an exceptional first half, trading in the third quarter remains strong and hence it will beat full year forecasts. The shares have raced ahead by 26% to 86.25p but are they now more than up with events? Is it time to bank gains?
The statement is brief but reads:
“In November 2012, blinkx announced that it had an exceptional first half, driven by the early integration of recent acquisitions and the effects of the US elections and London Olympics. Today, blinkx is pleased to report that trading in the third quarter continued to be strong. Therefore, the company expects to be ahead of targets, with revenue for the full year in the range of $180M to $185M.
4304 days ago
Shares in AIM listed big data provider WANdisco (WAND) have raced ahead by 62.5p today on the back of a new product launch. For those who followed my advice to have a nibble at 493p on the bacvk of the hot January 6th share tip the reward is pretty clear. That WANdisco is making progress is without doubt but are we all getting a bit ahead of ourselves?
4306 days ago
Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty product but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his debut article elsewhere: Steve on AIM Listed tech play Craneware. I have to admit that I had never heard of this company until today but Steve is a smart guy and I trust his judgement.
Following from my piece on AIM-listed GB Group (GBG) yesterday, I today comment on a fellow AIM-listed tech stock which also updated on trading towards the end of last month; Craneware plc (CRW). Despite its name and its being incorporated and headquartered in Scotland (Edinburgh), the company is actually a software provider focused on the US healthcare market. With offices in Atlanta, Arizona, Massachusetts and Tennessee, its software helps hospitals and other healthcare providers more effectively price, charge, code and retain revenue for patient care services and supplies – increasing their efficiency and minimising compliance risk. The following reviews the company’s recent trading update and investment outlook…
4307 days ago
Steve Moore and I worked together at t1ps.com ever since he left University. He is a very talented young analyst and a man of utter principle which is why he quit t1ps. He is now working with my on my Nifty Fifty product but also writing off his own bat and I am keen to support that. Apart from anything else he talks a lot of sense. As such I bring you his debut article elsewhere: Steve on AIM Listed tech play GB Group.
Shares in AIM-listed GB Group (GBG) have been strong performers over recent years – commencing 2010 trading at 21p, they currently trade at 94.25p – capitalising the company at more than £100 million. Following a trading update last week, does value remain here?
The company’s 30th January update noted that it “anticipates that the results for the year ending 31 March 2013 will be in line with current market expectations”, with both its DataAuthentication and DataSolutions businesses “trading well” and “ahead of last year”.
4318 days ago
AIM-listed provider of mobile, Software-as-a-Service and telecom software products and services Globo Plc (GBO) has today announced that it “has achieved a financial performance for 2012 ahead of market expectations” and that, having completed a “transformation into a truly international technology vendor in the hottest place in the technology market today”, it aims to continue doing so. With, on the back of the trading update, the shares currently more than 6% higher at 29.5p, capitalising the company at £100 million is it too late to get on board?
4322 days ago
Another day and another upbeat announcement from AIM-listed blinkx plc (BLNX), which describes itself as “the world’s largest and most advanced video search engine.” Today’s news is of a partnership with Dailymotion. In itself that has not prompted analysts ( or me) to increase forecasts but it has given a greater degree of certainty on numbers currently in the market. And I sense that by the time of the prelims on May 13th we will see upgrades. The bull case is very much intact.
4332 days ago
On January 10th IQE, the Wales based supplier of advanced semiconductor wafer products and services IQE announced a $75 million ($60 million on completion and $15 million payable on the third anniversary of completion) acquisition, a £16.5 million placing of new shares with institutional investors at 29p each and a 2012 trading statement. Having tipped the stock at a 28.75p share price on this very website on November 19th -I am feeling rather smug as the spread is now 36.25-36.75p. Indeed I also tipped this stock at 24.5p in my days round at t1ps so I am feeling doubly smug. But there is more to come.
4333 days ago
Software group Lombard Risk Management (LSE:LRM) announced on January 10th that it had won a new contract to supply its REPORTER product to “one of the UK’s leading building societies” as a “consolidated regulatory and MIS reporting system”. Clearly winning a new contract with a firm which must have some size is good news rather than bad news. But….after all the blather about how the client looked long and hard and referenced REPORTER with other users, blah, blah, blah Lombard does not actually name the customer or the value of the contract.
4333 days ago
FTSE-250 constituent Pace plc (PIC), a developer of technologies and products for PayTV and broadband, has today announced that, following a strong second half year performance, its “full year results are anticipated to be ahead of the board’s previous guidance”. The shares have responded by trading approaching 5% higher at a 202p share price, capitalising the company at £625 million. The following reviews the investment proposition here…is it a good share to tip?
The announcement noted that the company achieved record Q4 revenue, largely driven by demand for next-generation media server products in North America, with media server demand expected to continue a positive trend into the current year. The company is also widening from its hardware position into software and services – achieving a number of key wins and deployments across this area, including with BSkyB in the UK and Foxtel, the largest PayTV operator in Australia. It added it has “a strong (software and services) pipeline into next year”.
4335 days ago
M-listed blinkx plc (BLNX), which describes itself as “the world’s largest and most advanced video search engine” , has today announced a further partnership deal – this with KoldCast TV, an international television network of original entertainment programming. This will give blinkx users access to premium internet television series, short films and documentaries – with KoldCast’s shows spanning every genre from family-friendly to sci-fi among 225+ original series. Leveraging its unique platform, blinkx will place contextually relevant advertising against these videos and share resulting revenue with KoldCast. This represents a further step in blinkx’s strategy to serve the most relevant advertisement, at the optimum time, with the highest monetisation rate, to the widest audience but, at a present 65p share price, capitalising the company at more than £235 million, is there currently value in the shares? The following reviews this…
4337 days ago
Normally I would consider that a company that will be loss making unto, calendar 2014 but which at a 493p share price trades on a 2014 PE ratio of 103 would be a slam dunk sell. Wandisco (WAND) is just that company and it cannot be described as a tradition Benjamin Graham style value investment. But before Lucien Miers thinks about shorting the stock, I suggest that he reads on. This is not as simple as it sounds.
Wandisco sounds like a seedy night club in Corfu. I fact I think I have been there. But in fact it stands for Wide Area Network Distributed Computing. Based in the US since its conception in 2005 its patented software allows developers in different locations to work simultaneously, creating a seamless global network. Users at every site where Wandisco is installed have local access to the same data at all times, which means that they can make changes locally and see each other’s changes immediately.
The four key points about this technology are that
4343 days ago
It is New Year’s Eve and my FIFTH share tip of the year ( of SEVEN) is now live ( here).
There are 2 more tips of the year 2013 to come
On 30th December my FOURTH share tip of the year ( of SEVEN) went live ( here).
On 29th December my 3rd share tip of the year ( of SEVEN) went live ( here).
On 28th December I published my second share tip of the year ( here).
The day before I published my first share tip of the year ( here).
On Boxing Day I published my macro-economic assumptions for 2013.
The next three tips will be published in various places. This article will be updated as each goes live with a link. And I shall send out a twitter alert. That is apart from the 7th tip of the year which will be the first tip published on my new venture with ADVFN – Onefreesharetip.com – it will go out at 9 AM on the 2nd of January.
The only way to receive that tip in your email is to register HERE at OneFreesharetip.com .
And if you do, you will then get one free share tip each and every working day from an all star panel of around 20 share tipsters and commentators.
So you might as well join up anyway. .
Go on, you know it makes senes
4354 days ago
I recommended shares in AIM-listed governance, risk and compliance software provider Access Intelligence (LSE: ACC) on t1ps.com, the website I founded in 2000 and edited until September of this year when I left to set up the Nifty Fifty offering, in November 2010 at 4.25p. They have traded briefly above 5p since but fell to lows of 2.25p a year ago, before subsequently recovering somewhat to trade at a current 3.5p share price. Following the close of the company’s year to 30th November 2012, the following reviews a trading update the company has released today and what it means for the current investment case… buy, sell or hold?
4364 days ago
AIM-listed healthcare and business management software and services provider, Advanced Computer Software (LSE ASW) has today announced a continuation of its buy-and-build strategy with an agreement to acquire Serco Learning, a leading UK education software provider, for £7.25 million in cash. This follows Advanced’s shares closing at an all-time high of 67.5p on Friday – capitalising the company at just over £251 million. The share price compares to 34p when I recommended the shares in September 2010 on t1ps, the website I founded in 2000 but departed in September. The following reviews today’s announcement from Advanced and the investment proposition at current share price levels…
4368 days ago
I noted in an update here yesterday on ILX Group (LSE:ILX), the AIM-listed provider of e-learning software and business training, that new executive chairman/interim CEO, Wayne Bos, had overseen the identification of a small number of acquisition opportunities, with the first of these under consideration. Bos has wasted little time concluding this – with ILX announcing it has acquired Obrar Ltd, a consulting and project management services company. The following takes a look at the details of the acquisition and its likely impact for the ILX share price.
4369 days ago
I initially recommended shares in K3 Business Technology (KBT), an AIM-listed provider of software, hosting and managed services to the supply chain industry, at 145p in August 2007 on t1ps, the website I founded in 2000 but departed from in September of this year. The shares hit 236.5p in 2011 and again traded above 200p earlier this year before falling back to the initial tip price on news on 18th September of this year that the company was to terminate a formal sale process as the board did not believe that takeover proposals received were at a level that it would be able to recommend to shareholders. With the share price at 147.5p following an AGM trading update today, the following reviews this and the current investment case here…
4370 days ago
Shares in AIM-listed governance, risk and compliance software provider Access Intelligence (LSE:ACC) have yet to really spark since I recommended them on t1ps, the website I founded in 2000 and edited until September of this year, in November 2010 at 4.25p. They have traded briefly above 5p since but fell to lows of 2.25p a year ago. They have subsequently recovered somewhat and a material director share purchase announced today sees the shares currently trading more than 11% ahead on the day at a 3.75p share price. The following reviews this further and takes a look at the current investment case…
4375 days ago
I published an pre-results note last week on AIM-listed, UK-focussed healthcare and business management software and services company Advanced Computer Software (LSE: ASW) ahead of the company’s results for the six months ended 31st August announced yesterday. As expected, the results were strong and the share price has moved ahead to hit a high of 66.5p – capitalising the company at £246.3 million and providing not a bad return since I recommended them as a share tip on t1ps, the website I founded in 2000 and wrote for until September, at 34p in September 2010. The following reviews the results and current investment proposition…
4378 days ago
It has today been announced that the reverse takeover of long-term disappointment, IT managed services provider, Nexus Management has been completed and that the enlarged company has been readmitted to AIM as Enables IT Group (EIT). I need no reminding of what an appalling tip Nexus was for me. During my 12 year stint at t1ps.com MY average gain per tip was 42.7%. Nexus pulled down that average badly. So do we stick with the new group?
4383 days ago
Lombard Risk Management (LRM) is an AIM-listed financial services industry focussed software company whose clients include more than 30 of the world’s ‘top 50’ financial institutions and almost half of the banks operating in the UK. I first recommended the shares on t1ps.com – the website I founded but departed from in September of this year to launch the Nifty Fifty – at 9.625p in 2005. They currently trade at 10p so this has been far from a red hot recommendation so far. However, I have taken some encouragement from recent operational pronouncements and see today that the company has announced the launch of a new compliance and audit application. Following a chat with the main man – founder, CEO and main shareholder John Wisbey – I offer the following thoughts…
4384 days ago
Shares in UK-focussed healthcare and business management software and services company Advanced Computer Software (ASW) were recommended on t1ps.com (the website I founded and edited until September of this year when I left to set up The Nifty Fifty) at 34p in September 2010. They have risen consistently since to currently trade at 62.75p – not far off recent highs of 63.75p. Ahead of results for the six months ended 31st August 2012 expected next Wednesday (28th November), the following previews what we can expect…
4384 days ago
Accumuli plc (ACM) is a UK-based IT security software and services provider – shares in which were recommended as a hot share tip in May at 11.125p on t1ps.com, the website I founded in 2000 and worked for until September when I left to set up the Nifty Fifty website. The company has today announced results for the six months ended 30th September 2012 and the following reviews these and the current investment case with the shares now at 10.5p.
4384 days ago
Shares in InternetQ (INTQ), a provider of mobile marketing and digital entertainment for mobile network operators and brands, were a February 2012 recommendation on t1ps.com – the website I departed in September, 12 years after found it, in order to set up the Nifty Fifty. Having fallen back in the second half of this year, the shares are, at 182.5p, now little changed on the initial t1p price. The following takes a look at the outlook from here…
4385 days ago
I published an update on AIM-listed electronic displays designer and developer Densitron Technologies (DSN) last week – concluding that a low earnings multiple and its balance sheet backing were sufficient to make me believe the shares were worth sticking with. Since my original tip on t1ps.com, the site I founded and edited for 12 years before leaving in September to set up the Nifty Fifty, my followers are 21% ahead.
The company has today announced what it describes as a “significant move forward” in its long-term strategy to create intellectual property and provide additional services that enable it to meet a fuller range of product requirements.
The following takes a look at the announcement…
4385 days ago
I recommended shares in AIM-listed IQE plc (IQE) at 24.75p in February of this year on t1ps.com – the site I founded in 2000 and left in September of this year. Shares in this leading global supplier of advanced wafer products and services to the semiconductor industry (which uses them to make the chips which form the key components of high-technology systems) now trade at 28.75p – so we are already a bit ahead here but could this be a red hot penny share? In the following I take a look at the outlook for the company from here…
4389 days ago
Shares in AIM-listed electronic displays company Densitron Technologies (DSN) were recommended on t1ps.com – the website I founded and from which I departed in September – at 11.75p in December 2010. In May 2011 a 5p per share special distribution was made to shareholders and since the t1p 1p per share has been paid out in ordinary dividends. With the shares currently trading at 8.25p we are thus 21% ahead here and the following reviews what to do now.
4391 days ago
Shares in AdEPT Telecom (ADT), a leading independent provider of telecommunications voice and data services in the UK, were recommended on t1ps.com at 46p earlier this year, before my departure 12 years after founding the website. The shares currently trade at 53.5p – up 0.5p today following the announcement of results for the six months ended 30th September 2012. The following reviews the results and the investment case…
4403 days ago
The month of October ended with AIM listed business technology company 1Spatial (LSE:SPA) releasing its numbers for the six months to 31st July which – as has become the norm here – are mangled by all sorts of one offs. Having urged people to buy the shares at 2p on September 12th, am I still rating the stock as a buy at 3.75p post the numbers? Can you see the wood for the trees?
4405 days ago
AIM listed IT services group Nexus (NXS) has been one of my most disastrous tips of all time. I recommended the shares at 0.89p in December 2006 and many times since on t1ps.com the site I founded and edited for 12 years until September 2012. My average gain per tip over 12 years and 240 tips would have been more than 42.7% had it not been for this shocker. The shares are now at 0.105p following news today of a Reverse Takeover and thus the lifting of a suspension on the shares. I can only apologise for what was a piss-poor tip. In my defence, one of my last acts as a piss poor fund manager was to force out the old management team. I am now more convinced than ever that had I not done this, the company would today be bust. But where now? Could this be a red hot penny share for recovery or is it still a dog?
4411 days ago
A long chat with Lombard Risk Management (LRM) CEO John Wisbey has finally come to an end. Interims today were as expected. The issue that I find hard is the company’s policy of capitalising R&D Spend. I shall discuss that in some detail below. I wonder if others quizzing him today on the site I ran for 12 years – t1ps.com – have focussed on this or have pulled their punches?
4411 days ago
I first recommended shares in Netcall (NET) on t1ps.com, a provider of customer engagement software, at 13.75p in August 2006 – banking a 58% capital gain in September 2009 when I considered the 21.75p per share valuation had largely caught up with events. Come February 2011 the shares were trading at 19.25p and, with the company looking to have made strong operational progress in the meantime, I re-recommended the shares. Following results last month they now stand at a near five-year high at 29.75p. I thus consider that I have called this one pretty well but what now? Is this a red hot penny share?
4413 days ago
initially recommended shares in Elektron Technology (LSE:EKT), a designer and manufacturer of precision engineered components for connectivity, instrumentation, monitoring and control, in April 2011 at 37.25p as the company looked be recovering well from the impacts of recession and customer de-stocking. The shares initially performed well for t1ps.com, the site I foundfed in my bedroom and ran for 12 years until this September,– hitting a high of 45p in the month following the recommendation. However, as macro economic progress has once again stalled so too has Elektron’s profit recovery – as most recently witnessed by results released in September for the six months to 31st July 2012. The shares are now 18.5p valuing Elektron at £22 million. I apologise for having made a bad call in my initial recommendation. What to do now? Is this a red hot penny share?
4418 days ago
AIM listed tech stock 1Spatial (SPA) has been a bit of a star recovery play over the past couple of months and an announcement of a potential new contract win today has lifted the stock ( 2p just a month or so ago) to 4.125p, valuing the business at £14.45 million. But there is far more to go for – my target price remains at least 8p and here is why.
4425 days ago
Universe Group (LSE: UNG), a developer and supplier of payment and on-line loyalty systems, is a long-running, and long-running disappointment of a, recommendation from my past. I apologise to those who have lost money in the shares over the years due to me. Management cocked up and I should have bailed years ago, having tipped the shares at 41p in 2001. I got it wrong and am sorry for that. However, the shares have recovered from lows of 1.25p at the start of this year to a current 2.75p (capitalising the company at £5.2 million). Could there be further recovery ahead? An analysis of the company’s results and statement for the first half of 2012, released last month, suggests there could be and this is why…
4425 days ago
Shares in AIM listed satellite operator Avanti Communications (AVN) have slumped today by 62.75p to 286p after results for the year to June 30th 2012 were announced and were received poorly. Adding to Avanti’s misery bear raider Evil Knievil announced that he had gone short at 295p. He is wrong and this is a buying opportunity. I say this as someone who tipped the shares first at 116p in August 2004 and who has continually rated them as a buy at anything up to an all time high of almost £8. I still believe that the shares will in due course move sharply higher and my target price is £16.81. Here is why.
4432 days ago
AIM listed compliance and banking software group Lombard Risk Management (LSE:LRM) has this morning served up a pretty upbeat trading statement saying that first half ( to September 30th) numbers will be slightly ahead of expectations, that it has just won a major contract and has a strong pipeline. That is what we see. There is more to come. And here is why…
4432 days ago
Today comes news from AIM listed tech stock 1Spatial (SPA) that it has secured a major new contract win and the shares have raced ahead to 4p on the news. But the gains are not over yet and here is why.
4440 days ago
AIM listed Compliance software group Lombard Risk Management (LRM) has been a disappointing tip for me but could this be the year when it comes good? I think it might well be. I first tipped the shares back in January 2005 at 9.625p. Today they are 9.25p, valuing it at £23 million. But I can see good reason why they could at least double. And here is why.
4445 days ago
A couple of days ago I suggested to you that K3 Business Technology (KBT) was something of a nil brainer buy at 148.5p. I am pleased to receive a note from broker FinnCap this morning which suggests that my forecasts are pretty sensible. It rates the shares as a buy at 149p with a 220p target price – my own target price is 212p. Sorry to be so prudent.
4453 days ago
I met up with Marcus Hanke the CEO of red hot penny share tech stock 1Spatial (SPA) yesterday for a detailed catch up. This company – formerly known as Avisen – has been a tale of woe for investors. Not because it has screwed up operationally but because in share price terms the stock has not performed. I will address both issues in turn but at 2p, valuing the company at £7 million, the shares are a compelling buy.
