Good morning!
Vislink (LON:VLK)
Share price: 48.6p
No. shares: 122.6m
Market Cap: £59.6m
(at the time of writing I hold a long position in this share)
Trading update - good news for shareholders here, as the company reports trading for 2014 ahead of expectations;
The recently acquired "Pebble Beach" software company appears to be driving overall out-performance.
Valuation - Vislink has a high StockRank, of 91, and the PER (based on broker forecasts) looks modest:
My opinion - this is encouraging news today, and more will be revealed with results due on 24 Mar 2015.
Cambridge Cognition Holdings (LON:COG)
(at the time of writing I hold a long position in this share)
USA office opening - the company today says it is opening an office in the USA, and refers to increasing demand, which sounds promising - see highlighted bit below;
On the other hand though, another office means more overheads & higher cash burn, initially at least.
Coalfield Resources (LON:CRES)
Placing & Open Offer - this is an interesting one. The company owns 25% of a property group, called Harworth Estates, which owns 27,000 acres of development land. A deal has been done to acquire the remaining 75% of Harworth, and change the name of the listed company from Coalfield Resources, to Harworth Group plc.
A Placing has been done at 7.25p per share, and the NAV of the enlarged group will be 9.0p per share.
Anpario (LON:ANP)
Final results for calendar 2014 look good, here are the highlights from today's announcement;
I note that turnover was only up 2.4%, to it looks as if the profit improvement has come mainly from improved margins, since gross profit was up 7.9%.
The reported EPS figure of 15.6p appears to be well ahead of broker forecast of 13.5p, which seems to have pleased the market, with the shares up 5.5% to 300p this morning.
Balance sheet - is excellent, no problems here at all! The company has surplus cash, reporting cash of £6.6m, and no debt.
My opinion - this looks a nice company. With hindsight, there was a good oppportunity to buy these shares last summer/autumn, but with the price now back…
Unlock the rest of this article with a 14 day trial
Already have an account?
Login here