Buy Restaurant Group #RTN says Vectorvest. A clear investment case given the growth in earnings and free cash flow.

London based Restaurant Group (RTN.L) currently operates 498 restaurants and pub restaurants throughout the UK.  Its principal trading brands are Frankie & Benny’s, Chiquito, Coast to Coast and Brunning & Price.  It also operates a multi-brand Concessions business, which trades principally in UK airports.

Examine this trading opportunity and a host of other similar stocks. A single payment of £5.95 gives access to the VectorVest Risk Free 30-day trial. More here

On March 7th2018, RTN reported final results for the year ending December 31st2017.  The Company said that the cost reduction programme of £10m had delivered ahead of plan and was being reinvested into the leisure business. Total sales fell 1.8% on a 52 week comparable basis, and an exceptional pre-tax charge of £13.2m saw adjusted EBITDA fall to £95.1m (2016: £121.0m). However RTN saw continued strong free cash flow rise to £84.9m (2016: £78.9m), with net bank debt falling to £21.6m at year-end (2016: £28.3m). CEO Andy McCue said: “As expected, 2017 was a transitional year for the Group, with significant investments made in price and proposition within our Leisure business, which is driving improving volume momentum.  We start 2018 with a significantly more competitive offering in our Leisure business, a strengthened pipeline of growth opportunities in both our Pubs and Concessions businesses, and a leaner, faster and more focused organisation.”

The GRT (Earnings Growth Rate) is a key VectorVest metric that frequently flags up a change in fortunes, often before any official announcement from the company itself. The GRT for RTN moved into positive territory during January 2018, and has continued climbing higher all the way through to today’s GRT rating of 19%, which VectorVest considers to be very good. Although the RS (Relative Safety) metric only registers a fair rating of 0.97 (scale of 0.00 to 2.00), at 279p RTN trades well below the current VectorVest valuation of 342p per share.

The chart of RTN.L is shown above in my normal format. Earnings per share (EPS) has doubled over the past year and the share has moved from overvalued to undervalued in this period. Technically the share has broken out of a downsloping channel and also charted a double bottom on a much longer term view (not shown). The share is on a VectorVest buy signal.

Summary: A well-run restaurant business can be a real cash cow, and in the case of RTN the costs savings and operational streamlining from the management team during 2017 really do seem now to be delivering results. Although the fair RS rating tends to push RTN into the domain of the more adventurous investor, given the growth in the rate of earnings and free cash flow, VectorVest believes a clear investment case now exists for this London based group. Buy.

Dr David Paul

April 18th 2018

Readers can examine trading opportunities on RTN and a host of other similar stocks for a single payment of £5.95. This gives access to the VectorVest Risk Free 30-day trial, where members enjoy unlimited access to VectorVest UK & U.S., plus VectorVest University for on-demand strategies and training. Link here to view.

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Link here for more info and to set up a trial. 

European Financial Publishing Limited T/A VectorVest UK (VectorVest) is authorised and regulated by the Financial Conduct Authority under register number 543038. You should remember that the value of investments and the income derived therefrom may fall as well as rise and you may not get back the amount that you invest. Past performance is not a reliable guide to the future. This material is directed only at persons in the UK and is not an offer or invitation to buy or sell securities. If investors are in any doubt of the suitability of an investment given their individual circumstances, they are recommended to contact an investment manager or independent financial adviser who may be able to provide tailored advice. Opinions expressed whether in general or both on the performance of individual securities and in a wider economic context represent the views of VectorVest at the time of preparation. They are subject to change and should not be interpreted as investment advice. VectorVest and connected companies, clients, directors, employees and other associates, may have a position in any security, or related financial instrument, issued by a company or organisation mentioned on this site. European Financial Publishing Limited is a company incorporated in Scotland under Company Number SC357322 with its registered address at Exchange Tower, 19 Canning Street, Edinburgh EH3 8EH. Email: support@VectorVest.com

Brand CEO Alan Green talks Tertiary Minerals #TYM, Feedback #FDBK & Fedr8 on Vox Markets podcast

Brand CEO Alan Green discusses Tertiary Minerals #TYM, Feedback #FDBK & Fedr8’s Sentient Capital fundraising campaign with Justin Waite on the Vox Markets podcast. The interview starts at 17 minutes 25 seconds in.

Cadence Minerals #KDNC CEO Kiran Morzaria presents at Shares Investor Evening April 2018

Cadence Minerals #KDNC CEO Kiran Morzaria takes Shares Investor Evening delegates through the company strategy, key investments, why Electric Vehicles are a disruptive technology and how Cadence is ideally positioned to meet a forthcoming lithium supply shortfall. With over £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence Minerals #KDNC – Live Webinar; Wednesday 25 April

Cadence Minerals Plc (AIM: KDNC), the AIM quoted listed resources investment company, is pleased to announce the Company will be hosting a live webinar at 10.00am GMT on Wednesday 25 April 2018. The live webinar will be available on the following link:

http://webcasting.brrmedia.co.uk/broadcast/5acf1ed05a296618f1792506

Listeners are encouraged to submit questions prior to the call by emailing cadence@brrmedia.co.uk or by clicking on the question button at the foot of the webcasting.

– Ends –

For further information please contact

Cadence Minerals plc

+44 (0) 207 440 0647

Andrew Suckling

Kiran Morzaria

WH Ireland Limited (NOMAD & Broker)

+44 (0) 207 220 1666

James Joyce

James Sinclair-Ford

Square1 Consulting

+44 (0) 207 929 5599

David Bick

About Cadence Minerals:

Cadence is dedicated to smart investments for a greener world. The planet needs rechargeable batteries on a global scale – upcoming supersized passenger vehicles, lorries and buses – require lithium and other technology minerals to power their cells. Cadence is helping find these minerals in new places and extracting them in new ways, which will meet the demand of this burgeoning market. With over £20 million vested in key assets globally, Cadence is helping us reach tomorrow, today.

Cadence invests across the globe, principally in lithium mining projects. Its primary strategy is taking significant economic stakes in upstream exploration and development assets within strategic metals. We identify assets that have strategic cost advantages that are not replicable, with the aim of achieving lower quartile production costs. The combination of this approach and seeking value opportunities allows us to identify projects capable of achieving high rates of return.

The Cadence board has a blend of mining, commodity investing, fund management and deal structuring knowledge and experience, that is supported by access to key marketing, political and industry contacts. These resources are leveraged not only in our investment decisions but also in continuing support of our investments, whether it be increasing market awareness of an asset, or advising on product mix or path to production. Cadence Mineral’s goal is to assist management to rapidly develop the project up the value curve and deliver excellent returns on its investments.

Ian Pollard – Is ABF-Primark losing its star quality rating?

Associated British Foods ABF Interim results for the 24 weeks to the 3rd March produced a rise of 1% in profit before tax and rises of 3% in the interim dividend and adjusted earnings per share.On a statutory basis, operating profit was down 3%. All of the groups businesses, with the exception of sugar, produced good sales and profit growth. Despite unseasonable weather Primark produced 4% profit growth which is mundane compared to previous years but its UK performance is described as being remarkable, with a strong increase in the total share of the clothing market.

JD Sports Fashion JD produced record results for the 53 weeks to the 3rd February with revenue rising by 33% and profit before tax by 24%. Basic earnings per share rose from 18.38p to 23.83p and the total dividend is increased from 1.55p per share to 1.63p.

APC Technology Group APC has quadrupled total profit for the six months to the 28th February with a rise from  £0.1m to  £0.4m., which also represents a doubling of the total profit for the full year to August 2017. Operating profit for the half year, before exceptionals rose by 45% and revenue was up by 14%. Profit before tax surged from  £42. to  £353m. and earnings per share tripled. The company says that these results have laid the foundation for the delivery of increasing profits and cash generation.

Christie Group plc CTG preliminary results for the year to the 31st December showed an encouraging rebound and the first half performance in 2018 indicates that it will be significantly ahead of last years. Revenue in 2017 rose by 11.1% and operating profit more than tripled from   £1.1m. before exceptionals to £3.8m., whilst earnings per share were up from 5.41p per share to 9.47p. Dividends for the full year are to be increased from 2.5p to 2.75 per share. The PBS division in particular showed a strong recovery with revenue up by 15.9% and operating profit tripling to  £5.3m.

Beachfront villas & houses for sale in Greece;   http://www.hiddengreece.net

Tertiary Minerals #TYM – Storuman project Mine Permit update

Further to detailed information provided in the Company’s Audited Results for the year to 30 September 2017 (RNS Dated 13 December 2017), Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to provide an update on the Exploitation (Mine) Permit re-assessment for the Company’s Storuman Fluorspar Project in Sweden.

Highlights:

  • Recent positive meetings have been held between the head of The Swedish Mining Inspectorate, The County Administrative Board of Västerbotten and the Company
  • Comprehensive supplementary reports and a legal statement have now been submitted to Swedish Mining Inspectorate – requested as part of the Mine Permit re-assessment process (deadline 16 April 2018):
    • Ø In-depth analysis of reindeer herding
    • Ø Reindeer herding and reindeer grazing conditions in the area of planned mining operations
    • Ø Description of vegetation and reindeer conditions in the area of the planned tailings storage facility
    • Ø In-depth analysis of impact on the Natura 2000 area, Kyrkbergstjärnen
  • Summary: The in-depth analysis shows that the Company’s proposed mining operations at Storuman, with mitigation measures proposed, will have only a minimal impact on reindeer husbandry and that there will be no impact on the Natura 2000 area.

Commenting today, Managing Director, Richard Clemmey said: “We are pleased with the positive findings from the in-depth analysis and the high quality of the reports produced. Given that we continue to have support from the majority of key stakeholders, we remain hopeful of a positive resolution to the Mine Permit re-assessment process in the near future.  It is, however, worth noting that the Company has no influence on the speed at which the re-assessment of the grant of the mining permit is being processed by the Authorities”.

 

Enquiries

Tertiary Minerals plc

Richard Clemmey, Managing Director

Patrick Cheetham, Executive Chairman

+44 (0) 1625 838 679

SP Angel Corporate Finance LLP

Nominated Adviser & Broker

Ewan Leggat/Lindsay Mair

+44 (0) 20 3470 0470

Background Information – Storuman Mine Permit

The Company submitted its Exploitation (Mine) Permit application in July 2014 to the Swedish Mining Inspectorate and following an extensive consultation process the 25-year Exploitation (Mine) Permit was granted on 18 February 2016.

However, as a consequence of the Supreme Court’s decision to overturn the grant of a third-party mining company’s Mine Permit in the south of Sweden (Norra Karr Mine Permit – rare earth element project, owned by Leading Edge Minerals) the government returned the Storuman Mine Permit case, along with many other cases, back to the Swedish Mining Inspectorate for re-assessment in December 2016. The re-assessment is intended to consider the impact of mining in the concession area on a wider surrounding area. Earlier in 2017 the Swedish Mining Inspectorate requested additional information from the Company relating to the original Environmental Impact Assessment (EIA) and the wider area. The Company provided the additional information to the Swedish Mining Inspectorate in the form of an updated EIA in May 2017. The additional information was accepted by the Mining Inspectorate which subsequently invited all stakeholders to provide comments on the application and additional information, the deadline for responses was 27 October 2017. 

In response to stakeholder responses the Swedish Mining Inspectorate requested further detail from the Company in relation to the impact of proposed operations on the Natura 2000 and reindeer herding within the wider surrounding area and were granted a deadline of 16 April 2018 to respond. Given that the level of detail required for the wider area has changed in response to the new case law, the Company engaged with its Swedish legal advisors, the Swedish Mining Inspectorate and The County Administrative Board of Västerbotten to establish the requirements prior to the work being executed and submitted.

The supplementary reports and legal statement were submitted to the Mining Inspectorate on 16 April 2018. Any ratification of the grant of the mining concession will, however, be open to appeal and the Company will therefore not spend any further money on exploration or development of the Storuman Project until the matter is resolved. 

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

Notes to Editors

Tertiary Minerals plc (ticker symbol ‘TYM’) is an AIM-traded mineral exploration and development company building a significant strategic position in the fluorspar sector. Fluorspar is an essential raw material in the chemical, steel and aluminium industries. Tertiary controls two significant Scandinavian projects (Storuman in Sweden and Lassedalen in Norway) and a large deposit of strategic significance in Nevada, USA (MB Project).

CAUTIONARY NOTICE

The news release may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to the Company’s proposed strategy, plans and objectives or to the expectations or intentions of the Company’s directors. Such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Accordingly, you should not rely on any forward-looking statements and save as required by the AIM Rules for Companies or by law, the Company does not accept any obligation to disseminate any updates or revisions to such forward-looking statements.

PowerHouse Energy #PHE signs first international distribution agreement for DMG® technology into Hydrogen Bus Projects in Bulgaria and Romania

PowerHouse Energy Group plc (AIM: PHE), the UK technology company pioneering hydrogen production from waste plastic and end-of-life tyres, announces its first international distribution agreement for its proprietary DMG® hydrogen from waste (HfW) process targeting the supply into hydrogen bus projects in Bulgaria and Romania. The agreement is summarized as follows:

  • Agreement between PowerHouse, Tresoil Biofuels SRL, a leading Energy Project Developer in Romania and Bulgaria and  Waste2tricty, PowerHouse’s Projects Development partner.
  • Provides a cost-effective turnkey solution through PowerHouse’s partner, Wrightbus, a leading bus manufacturer of zero emission hydrogen buses.
  • Covers the supply of PowerHouse’s proprietary technology DMG®, the hydrogen from waste (HfW) process, into hydrogen bus projects in Bulgaria and Romania.
  • Tresoil will be responsible for applying for grants, integrating with end users and enabling the establishment of Special Purchase  Vehicles’s which will initially be 51% owned by the PHE/W2T relationship and 49% by Tresoil.

Bus operators in Romania and Bulgaria are actively seeking to replace aging fleets of highly polluting public transport buses, with the region encouraged by the EU to deploy low carbon alternatives. Tresoil is a well established company in Bucharest and has been involved in seeking grants for alternative energy projects and is considered a leading specialist in this area.

Powerhouse Energy, Waste2tricity and Tresoil have negotiated a three way binding agreement to seek deployments of hydrogen buses fuelled by PowerHouse’s DMG technology in partnership with Wrightbus, a leading bus manufacturer of zero emission hydrogen buses (See announcement of 20 February 2018).  The potential has been identified not only in Bucharest and Sofia, but also in many other cities across these two countries as they seek to comply with EU directives to reduce pollutants and particulates.

This agreement is in line with the Company’s strategy to identify commercially viable opportunities for sales of DMG units,  with various EU funding initiatives supporting decarbonising transport including  grants for hydrogen bus and potential grants for the capital required to deploy PowerHouse’s DMG system. The virtuous circle of destroying mixed plastics and producing carbon neutral hydrogen and electricity falls into many categories that may be eligible for both grants and soft loans in this region and will support the desire and willingness of the local municipalities to improve the environment for their populations.

PowerHouse, Wrightbus and Tresoil can offer a competing economic solution with an attractive pay back.  The distribution agreement provides that PowerHouse has the right to agree and veto the commercial terms proposed to any end user  identified via Tresoil

Commenting, Keith Allaun, CEO of PowerHouse said: “We are delighted to have signed our first international agreement for DMG®, the world’s first proven hydrogen from waste process. The environmental challenges in both Bulgaria and Romania are well documented and there is clearly a determined approach in both countries to take on the pollution problem. PHE technology provides the ideal solution, particularly now as bus companies have started to replace the aging bus fleets.”

Roger Preston, Managing Director of Tresoil, added: “With the assistance of European development funds, which are specifically destined for hydrogen bus projects, we will be looking to partner with bus operators across all the major cities in both Bulgaria and Romania where there is intense pressure as they seek to comply with EU directives to reduce pollutants and particulates. bring emissions up to European standards.”

For more information, contact:

PowerHouse Energy Group plc
Keith Allaun, Chief Executive Officer
Tel: +44 (0) 203 368 6399
WH Ireland Limited (Nominated Adviser)
James Joyce / Chris Viggor
Tel: +44 (0) 207 220 1666
Turner Pope Investments Ltd (Broker)
Andy Thacker
Tel: +44 (0) 203 621 4120
Gable Communications Limited
John Bick / Justine James
Tel: +44 (0) 20 7193 7463

About PowerHouse Energy

PowerHouse Energy has developed proprietary process technology called DMG® which takes plastic and rubber waste streams and converts them into cost efficient energy in the form of electricity and ultra clean hydrogen gas fuel for use in cars and commercial vehicles (FCEV: Fuel Cell Electric Vehicles) and other industrial uses. The PowerHouse technology is the world’s first proven hydrogen from waste (HfW) process.

The PowerHouse process converts 25 tonne of plastic or rubber waste into 1 tonne H2 per day and 28 MWh per day of  electricity.

The PHE process produces  low levels of safe residues and requires a small operating footprint, making it suitable for deployment at enterprise and community level.

PowerHouse is quoted on the London Stock Exchange’s AIM Market. The Company is incorporated in the United Kingdom.

For more information see www.powerhouseenergy.net

About Tresoil Biofuels SRL

Tresoil Biofuels SRL’ background in renewable energy has always been on finding new innovation in sustainable green practices. Tresoil managing director with over 35 years business  experience in taking companies from concept stage and growing them into profitable organisations in the UK and Europe, saw the renewable transport fuel from waste in Romania as the next key market for expansion and for him to deploy his entrepreneurial skills. He came to Romania 11 years ago with Eco Europe SRL and Eco2uk.com companies whose missions were carbon-neutral transport fuel technologies, with high value by-products for sale in Europe.

Multichannel Podcast – Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON

Multichannel Podcast – Alan Green talks to Hugo Schumann, Chief Commercial Officer at Apollo Minerals ASX: #AON. Hugo discusses the recent A$6m fundraising and the participation of major mining institutional investors Blackrock and Old Mutual Global Investors. The funds will be used to explore and develop the Couflens project in S France, which includes Salau, the World’s highest grade tungsten mine. The project also includes a significant gold resource. Hugo also looks at the mining and labour reforms in France, and moves by French President Macron to streamline the mining license application process. Key investor takeaway points include: 1) Couflens is an early stage tungsten and gold project with big exploration upside 2) the project is underpinned by solid economics of the world’s highest grade tungsten mine 3) Company chaired by Ian Middlemas, who has a great track record chairing Papillon Resources and Berkeley Energia

Battle against plastic in world’s oceans gets £61.4m war chest – Sky News

by Ian Francis, Sky news Reporter

A £61.4m war chest to fight the rising tide of plastic pollution in the world’s oceans has been announced by the Government.

The fund was announced by Theresa May ahead of the Commonwealth Heads of Government meeting in London next week.

The Prime Minister is due to ask all the 52 leaders at the meeting to sign up to the Commonwealth Clean Oceans Alliance set up to help developing Commonwealth countries research and improve waste management.

So far four Commonwealth countries, New Zealand, Sri Lanka, Vanuatu and Ghana, have joined the UK in the alliance.

The Government said £25m of the fund is available to help researchers investigate the issue of marine plastic from a scientific, economic and social perspective.

Another £20m has been earmarked to curb plastic and other environmental pollution generated by manufacturing in developing countries and prevent it seeping into oceans.

That leaves £16.4m which will be spent on improving waste management at a national and city level to stop plastics entering the water. 

The Government pledged to match public donations to tackle plastic waste through the UK Aid Match up to a total of £5m.

The PM said: “This week we will look closely at how we can tackle the many threats to the health of the world’s oceans, including the scourge of marine plastic pollution.

“As one of the most significant environmental challenges facing the world today it is vital that we tackle this issue, so that future generations can enjoy a natural environment that is healthier than we currently find it.

“The UK public has shown passion and energy in the fight against plastic waste, and I believe the Commonwealth is uniquely placed to further this transformative action.

“It is a unique organisation with the strength and the commitment to make a difference.”

She added: “If we stand together, we have the opportunity to send not only a powerful message to the world, but also to effect real change.”

Britain, which is co-chairing the event with Vanuatu, will ask Commonwealth nations to follow the UK’s lead in banning microbeads and slashing the number of single use plastic bags.

WWF chief executive Tanya Steele said: “This alliance, and the leadership the UK Government is showing through the Commonwealth, demonstrates that we’re committed to being part of a global solution.

“Two billion people around the world lack access to effective waste collection, so much of the plastic they use ends up in our oceans.”

“Devoting UK international development money to help poor communities clean up and better manage their waste isn’t just good for nature, it’s good for people too.”

Sky’s Ocean Rescue campaign encourages people to reduce their single-use plastics. You can find out more about the campaign and how to get involved at www.skyoceanrescue.com

DragApp and Fedr8. Two quality EIS eligible companies seeking investment – Sentient Capital

Monday 16th April 2018
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DragApp and Fedr8.
Two quality EIS eligible companies seeking investment – Sentient Capital

Brand Comms CEO Alan Green talks to Nick Timms. Nick is co-founder and CEO at DragApp, a mailbox application that organises your inbox in much the same way that a CRM system organises and segments a company marketing database. In the past year DragApp has amassed over 30,000 users in nearly 200 countries, and already boasts blue chip names such as Uber, Netflix, Spotify and AirBNB on its client list. A highly successful marketing strategy sees DragApp currently generate $36 from every $30 spent. The company are currently raising £600k through FCA regulated Sentient Capital to further accelerate global growth. Click on the image to listen to the podcast.
Brand Communications CEO Alan Green talks to Fedr8 CEO Damion Greef about Green Rain, the company’s proprietary machine learning engine. Damion explains how Green Rain interrogates software code at a granular level and how the process solves the challenges faced by major institutions when moving legacy applications to the cloud. Damion discusses the the decision to move the current fundraising activities to FCA regulated technology funding specialists Sentient Capital. Click on the image to watch the interview.

This is a financial promotion on behalf of Sentient Capital London Ltd, which is authorised and regulated by Financial Conduct Authority No. 679298If you wish to find out more about the current fundraising round for DragApp and Fedr8, you can request documents from Sentient Capital at the link below

Link here for DragApp and Fedr8 investment documents
Link here to view the DragApp company page
Link here to view the Fedr8 company page

Follow DragApp on Twitter @lovedragapp
For further info on DragApp contact:

Nick Timms, CEO
Tel. 07834349584
Email. nick@dragapp.com

Follow Fedr8 on Twitter @Fedr8
For further info on Fedr8 contact:

Damion Greef, CEO
Tel. 07823328816
Email. info@fedr8.com

Brand Communications
Alan Green
+44 (0)7976 431608
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