Home » Posts tagged 'nanoco'
Tag Archives: nanoco
Air Partner AIP reports a strong start to the year with underlying pre-tax profit for the first half of the financial year expected to be not less than £4m, (2016: £3m) and with a strong net cash position. AIP also reports an encouraging pipeline of opportunities for the second half of the financial year.
Boot (Henry) BOOT reports an 82% hike in interim revenues to £195.4m (2016: £107.3m) driven by higher levels of activity across all business segments. PBT rose 8.7% to £22.6m, with EPS 10.1% higher at 13.1p.
Computacenter CCC reports a 58.7% hike in adjusted PBT to £41.9m, on revenues up 8.7% to £1.7bn. Statutory diluted EPS rose 114.4% to 28.3 pence, resulting in an overall performance marginally ahead of board expectations. Higher profit growth than expected in the first half is expected to return CCC to a more historical norm in the balance of profits between H1 and H2.
WYG Plc WYG says it continues to expect revenue for the current year to exceed £160m, but warns that expectations of near term operating performance means that operating profit (before separately disclosed items and share based payments) for the half year will be significantly lower than previously.
Nanoco Group NANO updates on trading for the full year and says unaudited revenues and other operating income were in line with expectations. NANO has unaudited net cash of £5.7m at 31 July 2017 (£8.3m at 31 Jan 2017) and was in line with expectations.
Legal & General LGEN heaps praise upon itself for its resilient and consistently improving financial performance, as it raises its interim dividend from 4p per share to 4.3p per share. The figures are certainly impressive with half year profit before tax and earnings per share each up by 41% and it is all due to excellent management execution. Of course when Brexit or other clouds, gather on the financial horizon, it will probably all become the fault of the politicians but we can leave that for another day.
G4Splc GFS is yet another company whose Chief Executive witters on about its “pipeline” with new products and services strengthening its sales operations. For the six months to the 30th June revenue rose by 6.2% and earnings per share at constant rates were up by 7.8%. The company’s investment proposition is to deliver sustainable growth in earnings, cash flow and dividends – hands up anyone who can name a company which admits to different aims. Despite pipelines and investment propositions, the interim dividend remains unchanged.
Telit Communications plc TCM The Chief Executive, Oozie Cats has requested and been granted leave of absence following speculation about his possible indictment in the US in respect of matters which are entirely unconnected with the company.
Tasty plc TAST has had to admit that despite a full review of its operations, management has been unable to take any action which is likely to bring about the expected improvement in the company’s fortunes during the course of the current year. Instead it falls back on the forecast made at the end of March that the trading environment would be challenging and so it has proved to be. Profit after tax for the 27 weeks to the 2nd July collapsed from last years 1,283,000 to a mere 200,000 pounds.. Disposals and closure to take place. The full story should be released with the interim results in September.
Nanoco Group NANO welcomes as much needed, the decision by the European commission to ban the use of Cadmium in TVs lighting and other displays. Nanoco is a world leader in the development and manufacture of cadmium-free quantum dots and other nanomaterials.
Nanoco NANO has entered into a collaboration and joint development agreement with Massachusets based Kyulux. Both companies are global leaders in their respective fields and the agreement will enable the technologies of the two companies to be combined, allowing the creation of superior products in the display market which will be both cost effective for manufacturers and highly energy efficient for consumers. Kyulux claims that the co-operation will create a technological breakthrough which will produce a vast improvement in display technology.
Cerillion plc CER is increasing its interim dividend by 8% for the half year to 31st March, after a 31% rise in adjusted profit before tax and a 25% rise in adjusted earnings per share. Revenue was up by 10% and recurring revenue now accounts for 29% of the total. New orders rose by 37% and further progress is expected in the second half.
IXICO IXI produced a strong increase in revenue, leading to reduced losses for the half year to the end of March. Revenue rose by 31% and operating losses fell from £1.1m to £0.8m whilst the loss per share fell from 4.6p to 2.6p. Growth is expected to accelerate in the second half.
Trakm8 Holdings TRAK has the audacity to describe its first half results as another period of growth, rather than the disaster which they really are. Profit before tax for the 6 months to the end of September is down by 77%, basic earnings per share by 69% and cash generated from operating activities by 90%. Some people have a funny idea of growth unless you look at the net debt position which has grown In fact it has doubled and to be fair recurring revenue is up by 18% . Seasonality it explains has hit profitability “as expected”, as if last years first half was in a completely different season to this years. Increased investment in sales, marketing and engineering also get the blame for impacting the results but, surprise, surprise no detail whatsoever, not a single fact or figure to justify this claim, is provided. However shareholders will no doubt be pleased to learn that a strong contract pipeline provides visibility, a statement which, without translation into a reasonably modern language, seems meaningless to the uninitiated.
The share price does not reflect the growth claimed by management. In fact it is already down by over 27% this morning. Since December it has fallen from 400p to its present 134p. Some “growth”
Draper Esprit GROW has enjoyed a transformational first half with profit after tax of 26m in the 6 months to 30th September in its first year as a public company. Portfolio value has risen by 36% and NAV per share stands at 352p. Net cash on deposit and available for investment amounts to 48m. The company’s aim is to become a significant European venture capital leader.
Nanoco Group NANO has acquired a group of patents from Kodak relating to the use of quantum dots in electroluminescent displays. The acquisition forms part of the company’s policy of building a commercial position in quantum dot technology and its future applications.
In today’s Tip TV Markets roundup, we discuss the top stories in finance, the outlook for major indices, forex sentiment, and look at a few UK market stocks – BP, Provident Financial, Nanoco, with Alan Green, CEO of Brand Communications, and Zak Mir, Technical Analyst at Zak’s Traders Cafe.
Click here to listen.
Daily Actions is a daily summary analysis of changes in short term actions from our Daily Recs – AIM and Daily Recs Main markets reports. This report is typically distributed before the open of trading in London
|ST Rec. changed|
|Amur Minerals Corporation||Buy||Neutral|
|Eco Animal Health Group||Neutral||Sell|
|Industrial Good & Services|
|Billing Services Group||Neutral||Buy|
|Falkland Islands Holdings||Neutral||Buy|
|Oil & Gas – Explorers|
|Chariot Oil & Gas||Neutral||Buy|
|Oil & Gas – Producers|
|Stanley Gibbons Group||Buy||Neutral|
|Zoo Digital Group||Buy||Neutral|
|ST Rec. changed|
|Engineering & Machinery|
|Leisure & Hotels|
|Intercontinental Hotels Group||Neutral||Sell|
|Media & Entertainment|
|Real Estate – REIS|
|Capital & Regional||Sell||Neutral|
|Speciality & Other Finance|
|Intermediate Capital Group||Neutral||Sell|
Intellisys Intelligent Analysis Limited (‘Intellisys’) does not make personal recommendations. The information in this publication is provided solely to enable you to make your own investment decisions. If you are unsure about dealing in shares and other equity investments, you must contact your financial adviser as these types of investments may not be suitable for everyone. The value of stocks and shares, and the income from them, can fall as well as rise and you may not get back the full amount you originally invested. If denominated in a foreign currency, fluctuations in the exchange rate will also affect the value of stocks and shares and the income from them. Past performance is not necessarily a guide to future performance. You agree to abide fully with Intellisys’ Term & Conditions, which are available to www.intellisys.uk.com
|DISCLAIMER: Intellisys Intelligent Analysis Limited has prepared this report. Intellisys (“Intellisys”) is the trading name of Intellisys Intelligent Analysis Limited. Intellisys Intelligent Analysis Limited is a provider of financial research reports that indicate the possible value of quoted company shares. The information contained within any and all of Intellisys’ reports are designed to present an objective assessment of the possible value or relative value of a company and/or an actuarial sector or stock market index. Intellisys utilises as extensive as possible range of valuation tools and proprietary systems to derive its outputs. The base data for the models are derived from sources believed to be accurate but Intellisys Intelligent Analysis Limited does not warrant or guarantee the accuracy or reliability of the source data or its models and proprietary systems. Subscribers, and casual readers, should not rely upon the Intellisys’ research outputs when forming specific investment decisions but should seek advice specific to their situation and investment requirements from a person authorised under the Financial Services and Markets Act 2000, before entering into any investment agreement.
Intellisys Intelligent Analysis Limited has used reasonable care and skill in compiling the content of this report. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness or accuracy of the information and no responsibility or liability is accepted to the accuracy or sufficiency of any of the information, for any errors, omissions or misstatements, negligent or otherwise. In no event will Intellisys Intelligent Analysis Limited, Intellisys or any of its officers, employees or agents be liable to any other party for any direct, indirect, special or other consequential damages arising from the use of this report.
The Intellisys Intelligent Analysis Limited and/or Intellisys reports are not directed to any person in any jurisdiction where (by reason of that person’s nationality, residence or otherwise) the publication or availability of the Intellisys Intelligent Analysis Limited and/or Intellisys information may be prohibited. Persons in respect of whom such prohibitions apply must not access the Intellisys Intelligent Analysis Limited and/or Intellisys reports. Neither this document, nor any copy in whatever form of media, may be taken or transmitted into the United States, Canada, Australia, Ireland, South Africa or Japan or into any jurisdiction where it would be unlawful to do so. Any failure to comply with this restriction may constitute a violation of relevant local securities laws. Recipients of Intellisys Intelligent Analysis Limited and/or Intellisys reports outside the UK are not covered by the rules and regulations made for the protection of investors in the UK.
Any user distributing information taken from any Intellisys Intelligent Analysis Limited or Intellisys report and/or the Intellisys website, in whatever form, to any other person, agrees to attach a copy of this Disclaimer and the Terms and Conditions of Use pages and obtain the agreement of such other person to comply with the terms set forth.
Intellisys’ published reports are published for information purposes and only available to market counterparties, high net-worth and sophisticated individual investors.
No Intellisys report constitutes an offer or invitation to trade, sell, purchase or acquire any shares or other financial instruments in any company or any interest therein, nor shall it form the basis of any contract entered into for the sale of shares or any other financial instrument in any company.
Intellisys Intelligent Analysis Limited believes that the information within each and any of its reports to be correct, but its accuracy or completeness cannot be guaranteed. No representation or warranty, expressed or implied, is given by any person as to the accuracy or completeness of the information and no responsibility or liability is accepted for the accuracy or sufficiency of any of the information, for any errors, omissions or mis-statements, negligent or otherwise.
Intellisys Intelligent Analysis Limited (including its Directors, employees and representatives) or a connected person may have positions in or options or other financial instruments on any of the securities mentioned within a report, and may buy, sell or offer to purchase or sell such securities from time to time, subject to restrictions imposed by internal rules.
Subscribers, and casual reader, are reminded that the value of any financial instrument may go up or down and that past performance is not necessarily a guide to future performance.
Intellisys Intelligent Analysis Limited is not registered with or regulated by any financial regulatory authority and does not offer, provide or purport to provide or offer investment advice. Intellisys Intelligent Analysis Limited can be contacted at Woodfield Cottage, The Street, Mortimer, Berkshire, United Kingdom RG7 3DW.
Live Charting with Zak Mir and Brand CEO Alan Green – TipTV. Discussing FTSE100, Nasdaq, Pantheon Resources (PANR), Optibiotix (OPTI), Advanced Oncotherapy (AVO) and other stocks.
The interview on podcast 341 is 21 minutes,20 seconds in. Click here to listen.
Alan Green discusses Nanoco (NANO) and the recent sp falls with Justin Waite on the ADVFN podcast.
Link here to listen to the podcast