Small Cap Report - SLG, PTCM, BQE, VNET, TW., HYDG, MOSB, NWKI, PUR

Monday, Jan 14 2013 by
2

Here we go again, Monday morning, and another busy week in the offing, with many 31 Dec trading statements likely. I'm pleased to say my DryAthlon is going well, haven't touched a drop of booze since 29 Dec. Better still, the donations for Cancer Research (almost all from readers here!) have already hit 155% of target - awesome! Thank you to everyone who has donated, it's much appreciated.

Sarantel Group (LON:SLG) has finally run out of investor appetite for repeated fund-raisings, and has put itself up for sale, having just reported on another year (ended 30 Sep 2012) where it burned around £2m in cash losses.

Pity, as I always thought their product (high performance, small antennae for high end mobile devices) has great promise, but as is often the case with new technology it takes longer & costs far more to commercialise things than originally planned.

From today's RNS it looks like a sale process is well advanced, and is likely to pay out roughly the current mkt cap - so if it succeeds, then it will be a lucky escape for shareholders I think. If I held the shares (which I don't), I'd head for the exit now, as there seems little if any upside, and considerable downside risk.

A very interesting trading update has been issued by Porta Communications (PTCM), with trading "ahead of management expectations", with, "an exceptional end to the year". It seems to be a small advertising & PR group, which invests in start-ups, rather than buying existing businesses. Interesting strategy, and probably sensible given that it's a sector which is all about people & contacts.

Whilst they say that annualised revenues are now running at £16m, and all companies in the group expected to be profitable in 2013, the level of profit is not quantified, either in this trading statement, or in broker notes (since there don't seem to be any broker notes).

I can't just make a leap in the dark with no forecasts, so unless & until they commission some research and issue it to the market, then the shares can't possibly go into my portfolio. Pity, as I like the look of it.

Bioquell (BQE) is one that got away - it came…

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As per our Terms of Use, Stockopedia is a financial news & data site, discussion forum and content aggregator. Our site should be used for educational & informational purposes only. We do not provide investment advice, recommendations or views as to whether an investment or strategy is suited to the investment needs of a specific individual. You should make your own decisions and seek independent professional advice before doing so. Remember: Shares can go down as well as up. Past performance is not a guide to future performance & investors may not get back the amount invested. ?>


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UK Oil & Gas PLC, formerly UK Oil & Gas Investments PLC, is a United Kingdom-based oil and gas exploration company. The Company holds interest, directly or indirectly, in a portfolio of eight United Kingdom oil and gas assets. Its portfolio comprises two onshore oil-producing fields, four appraisal/development licenses and three exploration licenses. Its assets are primarily located in the Weald Basin, in southern England. Its assets include Broadford Bridge, Holmwood, Horndean, Horsehill, Isle of Wight and Markwells Wood. more »

LSE Price
1.03p
Change
7.9%
Mkt Cap (£m)
62.4
P/E (fwd)
n/a
Yield (fwd)
n/a

Porta Communications Plc is engaged in international communications and marketing business. The Company operates through three segments: Corporate Communications, Marketing & Advertising, and Head Office. Its Corporate Communications segment includes public relations, public affairs and other corporate communication services. The Marketing & Advertising segment includes media buying, advertising, marketing and corporate branding services. Its Head Office segment includes services provided by the Company's corporate function, including group treasury, and finance and management services. The Corporate Communications segment operates in Australia, Hong Kong and Singapore. The Company's subsidiaries include 13 Communications Limited, Clare Consultancy Limited, ICAS Limited, Newgate Communications Limited, Newgate Communications Pty Limited, Newgate Threadneedle Limited and PPS Group Limited. more »

LSE Price
0.55p
Change
 
Mkt Cap (£m)
2.8
P/E (fwd)
n/a
Yield (fwd)
n/a

Bioquell Plc is engaged in the design, manufacture and supply of bio-decontamination and containment equipment, related products and services to the pharmaceutical, healthcare, food and defense industries, and testing services to the aerospace, telecoms, defense and other industries. The Company's operating segment is Bio-decontamination (BIO). The Company offers various products, which include Healthcare products, such as Healthcare HP Vapor Services, Healthcare HP Vapor Generators, Healthcare Patient Rooms, Healthcare Pharmacy Workstation, Healthcare Consumables/Accessories and Healthcare Archived Products; Life Science products, such as Life Sciences Aseptic Workstation, Life Sciences HP Vapor Services, Life Sciences Materials Transfer, Life Sciences HP Vapor Generators, Life Sciences Consumables/Accessories and Archived Products, and Defense products, such as Defense CBRN Filtration, Controls, Defense Pre-filtration, and Defense Consumables and Spares. more »

LSE Price
587p
Change
 
Mkt Cap (£m)
n/a
P/E (fwd)
n/a
Yield (fwd)
n/a



  Is LON:UKOG fundamentally strong or weak? Find out More »


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About Paul Scott

Paul Scott

I trained as an accountant with a Top 5 firm, but that was so boring that I spent too much time in the 1990s being a disco bunny, and busting moves on the dancefloor, and chilling out with mates back at either my house or theirs, and having a lot of fun!Then spent 8 years as FD for a ladieswear retail chain called "Pilot", leaving on great terms in 2002 - having been a key player in growing the business 10 fold. If the truth be told, I partied pretty hard at the weekends too, so bank reconciliations on Monday mornings were more luck than judgement!! But they were always correct.I got bored with that and decided to become a professional small caps investor in 2002. I made millions, but got too cocky, and lost the lot in 2008, due to excessive gearing. A miserable, wilderness period occurred from 2008-2012.Since then, the sun has begun to shine again! I am now utterly briliant again, and immerse myself in small caps, and am a walking encyclopedia on the subject. I love writing a daily report for Stockopedia.com on most weekday mornings, constantly researching daily results & trading updates for small caps. Cheese! more »

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