Hybridan Small Cap Wrap: Testing to the Max, Medicsight’s closer ‘eye’, Sarantel sends the right signals

Tuesday, May 24 2011 by
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Hybridan Small Cap Wrap Testing to the Max Medicsights closer eye Sarantel sends the right signals

This week: Testing to the Max, Medicsight’s closer ‘eye’, Sarantel sends the right signals

Axis Shield (ASD 335p / £167.49m)

London listed innovative international in vitro diagnostics company last week issued an Interim Management Statement for the 19 week period ending 13 May 2011.  Trading in 2011 started well, with revenues and profitability in line with market expectations.   In the Point-of-Care Division both NycoCardand Afinion sales have benefited from a more typical flu season which has helped to increase CRP sales Axis-shield (LON:ASD) remains on track to launch a lipid panel on Afinion by the end of the year and believes this will significantly enhance system appeal. ASD’s franchise in diabetes HbA1c testing continues to produce increased revenues on Afinion and Nycocardat the point-of-care, and laboratory sales are expected to benefit from the launch of an Axis-Shield HbA1c test on Abbott’s ARCHITECTinstrument in the second half of the year. In the Laboratory Division, sales of anti-CCP test for early detection of rheumatoid arthritis have shown strong demand and the integration of the Catch homocysteine business is progressing ahead of schedule. New data published on the Active-B12 test have generated increased interest in this more efficient method to identify vitamin B12 deficiency. Revenues from the Direct Distribution Division are encouraging following the difficult market conditions experienced in 2010.    Shareholders last week voted at the AGM on the Company’s proposed maiden dividend of 1p per share.  Despite on-going currency headwinds, Axis-Shield has made an encouraging start to the current financial year. Furthermore, the Board remains confident about the trading outlook for the remainder of the year and believes that the results for the year ending 31 December 2011 will be in line with current market expectations.

Borders & Southern (LON:BOR) (BOR 56p / £240m) 

Borders & Southern announced that it has assigned two of its option wells under contract for the drilling unit, Leiv Eiriksson, to Falklands Oil & Gas (FOGL). The two wells will follow on from BOR’s Darwin and Stebbing wells, which are anticipated to start drilling in December 2011.

Under the terms of the assignment, the companies will share mobilisation and demobilisation costs for the rig, along with ancillary equipment and services. Chief Executive Howard Obee commented: “We are delighted to have signed this agreement with FOGL. It will result in significant cost savings for…

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Tarsus Group plc is an integrated media group primarily engaged in exhibitions, along with associated conferences, publishing, education and Internet activities. The principal activity of the Company is the holding of investments. The Company operates through three segments: EMEA, Americas, and Asia. The main activities of all segments are the production of exhibitions supported by other media activities related to those exhibitions. Its key brands include the Dubai Airshow, Labelexpo, OFFPRICE, Zuchex, AAITF and Tarsus Medical. more »

LSE Price
424p
Change
 
Mkt Cap (£m)
522.1
P/E (fwd)
18.1
Yield (fwd)
2.8

Patagonia Gold PLC is a United Kingdom-based mining company. The Company’s principal business is to hold investments in mineral exploration companies involved in identifying, acquiring and developing mineral projects, either on its own or with joint venture partners. It is engaged in exploration, development and production of gold and silver projects in the southern Patagonia region of Argentina, in Chile and in Uruguay. Patagonia Gold PLC, indirectly through its subsidiaries or under option agreements, has mineral rights to over 220 properties in several provinces of Argentina, Chile and Uruguay. Its projects include the El Tranquilo block, La Paloma project and the La Manchuria project. The El Tranquilo block is located on the western margin of the Deseado Massif, Santa Cruz Province, Argentina. The La Paloma project comprises approximately 20 contiguous concessions totaling approximately 56,600 hectares. The La Manchuria project is located in the central-west of the Deseado Massif. more »

LSE Price
31p
Change
 
Mkt Cap (£m)
7.3
P/E (fwd)
n/a
Yield (fwd)
n/a

Serabi Gold plc is a United Kingdom-based holding and gold sales company and a provider of support and management services to its operating subsidiaries. The Company is engaged in the evaluation and development of gold projects in Brazil. It is involved in the development of gold and other metals mining projects in Brazil and the operation of the Palito gold mine in the Tapajos region of Brazil. It has approximately two small high-grade underground mines in operation targeting annual production of approximately 40,000 ounces per annum. The Palito Mine and infrastructure lies approximately 4.5 kilometers south of the village of Jardim do Ouro a. The Company's Sao Chico Mine is a high-grade gold deposit approximately 25 kilometers to the south west, along the Transgarimpeira Highway, from the Palito Mine. It also holds, or has in application, exploration licenses over a surrounding approximately 42,800 hectares of exploration tenements. more »

LSE Price
65p
Change
2.4%
Mkt Cap (£m)
37.4
P/E (fwd)
7.8
Yield (fwd)
n/a



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About Hybridan

Hybridan

Hybridan is a corporate broker and PLUS markets corporate advisor specialising in fundraising, research and after-market support for small and micro cap companies. We utilise our market knowledge to provide creative financing solutions and strong after-market support. We build long term durable relationships with companies and investors, for the benefit of both. This long term approach, coupled with a high degree of selectivity, yields investments that outperform the market. more »



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