Rentokil Initial Share Discussion Threads

[hedgehog 100] 04/8/2017 19:33

GOR began trading on AIM today after its RTO of WORK, and closed at a slight premium to its 140p placing price.

Gordon Dadds Group (GOR) 146.5p Market cap. £41.7M.




It looks like it could be a good long-term investment.

[haydock] 04/8/2017 09:37

H:
I think I can credit you with attracting me to Tern. Many thanks, I will some day break even ! Now overloaded !

Keep your eye on the Tern bb.
The company has a policy of no news by RNS except the basics.
However much is happening behind the scenes, that is on the bb.
In the main DA. off mkt holding.

1/8/17 MULTOS Consortium & DA Partnership
The MULTOS Consortium, a group of international blue chip organisations responsible for the promotion and development of the MULTOS specifications, announced today that Device Authority, a global leader in Identity and Access Management (IAM) for the Internet of Things (IoT) is developing support for MULTOS to bring secure hardware technology to the IoT.
hxxp://www.multos.com/news/view/device_authority_supporting_multos_for_secure_trusted_iot_devices



hxxp://www.ichimokutrader.com/
Last 2 days very bullish signals.

Cheers Hay.

[scotty666] 03/8/2017 21:10

WORK RTO should relist tomorrow as GOR.

45% premium to suspension price so was worth the wait and the new company Gordon Dadds looks like it could do well.

[hedgehog 100] 03/8/2017 20:38

PLMO has sunk to below its recent 0.0225p placing price, and at 0.0215p is looking like a good punt ... even if only for a million shares (just over two hundred quid's worth!) ... surely no shell can keep on losing value indefinitely!!

Polemos (PLMO) 0.0215p Market cap. £1.1M.





A polemic about Polemos, from the thread "PLMO new dawn":

under the radar 25 Jul '17 - 12:21 - 425 of 463 3 0

"Our CEO got his options (50m at 0.045p)and hasnt sold them . He then bought 44m shares in the last placing , so it's obvious that he thinks that the share price will be higher at some point in the future .

What are the rules regarding a RTO , do you need a certain amount of directors on the bod ? , if that's the case , then it would explain why Danial and Nick joined .

Mr Burton and Mr Mason bought 100m shares each and haven't sold a single share , so obviously they also think that the share price will increase at some point .

Aim doesn't want any more investment companies on Aim , especially with a mkt cap below £5m - £6m.

How will Hamish create shareholder value with 5.1b shares in issue ?. The only way is to get a stake in a private company / and to do a RTO.

A share consolidation doesn't always mean bad news . It all depends on the asset / number of shares and market cap .

This would be my preferred route and maybe that's why we didn't lend OY the money and why GUN done it instead .

We now have about £1.1m in cash that's just waiting for the right investment to happen .

Donald and Leni sold some of their Dor shares a few days before Polemos announced a placing . These guys are mates and are on the bod at various different companies (all interlinked between them). Knowing this I'm pretty sure that they took part in our placing .

The latest news with AfriAg and LGC (both Leni Gas companies) makes me think that we will get a nice stake in House of Henp or that a reverse takeover will happen .

Both of those companies have commited to pay $4.9m within 6 months (to start cannabis production).

You only have to see what happened with all the Weald companies to see what will happen . It's what these guys do and our £1m cash will go a long way towards the $4.9m.

AfriAg and House of Henp are private companies and I'm sure Leni would like a new cannabis firm that's listed on Aim . It just makes perfect sense ... everything adds up .

You never know it could be a Sunshine Resources RTO but I'm leaning towards LGC .

We should see the biggest shareholder list get updated soon because the new shares hit the market today (hardly any sells) which means everyone is holding .

Our market cap is now £1.1m and that reflects our cash position , our Aim listing is worth another £500k as well .

It will be interesting too see if we get anymore TR1's from the big shareholders who have increased their stake before the 15th August (when the close period ends).

Nothing is guaranteed in this game , all we can do is our own research and invest accordingly .

It's a waiting game now , the market will rinse any traders or anyone who has lost patience .

The share price doesn't always correlate with what's going on behind the scenes / what's about to get announced .

Time will tell ....

GLA"




Oyster Oil & Gas (TSXV:OY):

[hedgehog 100] 03/8/2017 20:02

27/07/2017 07:01 UKREG Rentokil Initial PLC Half-year Report



Hvs & Leadersoffice,

Thank you for your contributions here on the day of RTO's interims last week ... but for future reference please note that this is not actually a Rentokil thread!

ADVFN unfortunately added the name Rentokil Initial to the top of this thread a while ago, though long after it had started, hence the recent confusion.

This may help to explain why this thread has been relatively quiet recently, and it would be nice to see it more active again, so please people don't be shy in submitting your suggestions!

[hedgehog 100] 03/8/2017 19:31

Thanks Scotty.

I3 Energy (I3E) 29.5p Market cap. £7.6M.




25/07/2017 08:27 UK Regulatory (RNS & others) i3 Energy PLC First Day of Dealings Replacement

"i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce that Admission and dealings in its Ordinary Shares on the AIM market of the London Stock Exchange will commence at 08:00am 25(th) July 2017 under the TIDM "i3E".

At the Admission Price of 55 pence per share the Company has an initial market capitalisation of GBP14.1 million, with the total number of Ordinary Shares in the Company in issue immediately following Admission being 25,690,892 each equal with voting rights. The total voting rights figure can be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change of their interest in, the Company under the Disclosure, Guidance and Transparency Rules of the Financial Conduct Authority. Copies of the Admission Document will be available at the registered office of the Company, subject to applicable securities laws or regulations.

As detailed in the Company's Admission Document found at hxxps://i3.energy/, i3's core asset is the Liberator oil discovery located in the Outer Moray Firth within the UK North Sea. The Company's independent reserve auditor, Gaffney, Cline & Associates ("GCA"), attribute 9.4 MMboe of 2C Contingent Resources to i3's 100% operated interest in Licence P.1987 in Block 13/23d (the "Liberator Licence Area" or "LLA"), with the wider Liberator Field Cluster ("LFC") containing 16.1 MMboe. Under the assumptions outlined in GCA's Competent Persons Report, the LLA and LFC have before-tax NPV10 values of US$ 249 million and US$ 311 million respectively, with the LLA's 1C Low Case having an NPV10 break-even using a constant US$ 23 per barrel Brent oil assumption.

Following Admission the Company will continue to advance negotiations for suitable offtake terms and submit its Field Development Plan ("FDP") for the LFC while seeking to secure all contracts, equipment and funds necessary to deliver first oil. In addition to preparations for its Liberator development, i3 will evaluate potential strategic acquisitions and is looking forward to participating in the UK's upcoming 30(th) Offshore Licensing Round.

Neill Carson, Chief Executive Officer of i3 Energy, said

"We are pleased to announce our admission to the London Stock Exchange. The Liberator field is a high quality, low cost, oil development capable of generating significant value for our shareholders and we remain on track to submit the Liberator FDP in the near future. We are operationally focused on bringing this highly attractive asset into development and are exploring numerous funding options which include supply chain financing and farm-outs".

"i3 has a highly experienced team and Board and we are delighted to welcome David Knox as Non-Executive Chairman and Majid Shafiq and Richard Ames as Non-Executive Directors. Their strong understanding of the sector and experience will be of considerable value to the Company as we enter our next stage of growth and focus on executing our strategy."

"We look forward to updating the market on our progress." "

[hvs] 28/7/2017 07:55

accounting surplus
Fully funded

Who is they using ??????

24 P/E its going No where but down.

[leadersoffice] 27/7/2017 14:58

£265.7 million accounting surplus Fully fundedNext valuation 2018Closed to new members

[hvs] 27/7/2017 10:19

Anyone know the size of the PENSION DEFICIT here ?????

[scotty666] 25/7/2017 11:18

No worries hedgehog.

Also for info I3E listed today after reversing into GWIK - the listing price was 55p but currently at 43p so certainly one to watch.

[hedgehog 100] 16/7/2017 17:53

Thanks Scotty for drawing this interesting new RTO to our attention.

Work Group (WORK) 3.0p (suspended) Market cap. £0.8M.




12/07/2017 18:39 UKREG Work Group plc Offer for Gordon Dadds & Placing to raise £20m

" … Work Group (AIM: WORK) is pleased to announce that it has conditionally offered to purchase Gordon Dadds Group Limited ("Gordon Dadds"), an acquisitive London based law firm, via a share offer for an aggregate consideration of GBP18.8 million, to be satisfied by the allotment and issue of 13,417,143 New Ordinary Shares at a post-Consolidation price of 140 pence per share (4.375 pence per share on a pre-Consolidation basis) ("Acquisition").

Alongside the Acquisition, Work Group also announces that it has successfully raised GBP20 million via a conditional placing of new ordinary shares in Work Group at a post-Consolidation placing price of 140 pence per share (4.375 pence per share on a pre-Consolidation basis) ("Placing Price") to institutional investors ("Placing").

Highlights:
-- Successfully raised GBP20 million via the Placing of 14,285,714 New Ordinary Shares (457,142,857 shares on a pre-Consolidation basis) ("Placing Shares") at the Placing Price.
-- The Enlarged Group will have a market capitalisation of GBP40 million based on the Placing Price upon Admission to AIM.
-- Proposed change of name to Gordon Dadds Group plc.
-- Proposed consolidation of every 32 Existing Ordinary Shares into one New Ordinary Share ("Consolidation").
-- On Admission, the Gordon Dadds' shareholders will own, in aggregate, approximately 46.9 per cent. of the Enlarged Share Capital. … "

[scotty666] 11/7/2017 23:07

book build and RTO announced today at 4.375 a nice premium to start versus suspension price and worth the wait.

[scotty666] 28/6/2017 20:58

Add WORK to your list - update today so RTO any day soon.

[hedgehog 100] 28/6/2017 20:40

BST issued its 2016 final results today, and its share price slipped back to 24.75p on profit-taking.
This looks like a good buy opportunity, considering the explosive growth rate that today's RNS revealed.

Let's consider the explosive nature of the 2017 growth here, which is better than I had been expecting, but which people seem to have been missing -

28/06/2017 07:01 UKREG Big Sofa Technologies Group PLC Final Results
"... Revenues grew to GBP757,000 in 2016, with average monthly revenue approximately double that in 2015
... Strong start to 2017, with revenues in June more than three times greater than January
... We have made significant operational and financial progress in the first half of the year, growing a substantial new business pipeline from just c.GBP100,000 at the outset of the year to over GBP1.35 million today
... of the proposals decided upon so far this year, Big Sofa has converted 54% by value ..."


I.e. Revenues up over 200% in five months, an annualised increase of over 1,000%!
And order book pipeline up about thirteen-fold in five months, an annualised increase of over 20,000%!!

In 2016, turnover was about seven times the year end order book pipeline.
If a similar ratio applies this year, we should therefore expect multi-million pound turnover in 2017.

The order book clearly has a quite rapid turnover, as you would expect with this type of business, but which some people may not appreciate and which is therefore fooling them.
Moreover, the conversion rate of over 50% is stunning: not only is it a very strong validation of BST's offering, but also bodes very well for further strong revenue growth.


Now let's consider the operating loss and cash position:

28/06/2017 07:01 UKREG Big Sofa Technologies Group PLC Final Results
" ...Operating expenses include GBP785,000 of AIM listing costs and GBP705,000 of deemed reverse acquisition costs, both of which are non-recurring.
... The balance sheet at the end of 2016 remained strong with cash of GBP2.5 million
... Operating loss (4,297) ..."


I.e. the 2016 operating loss excluding non-recurring costs was £2.8M., only slightly higher than the year end cash position.
The speed with which revenues are growing means that there may well not be an urgent need to raise more equity funds before the company is at or near profitability, especially as it could prefer debt if necessary.

But of course it may choose to do undertake a placing, e.g. if it dual-lists in America as is the claimed intention.
And if it does, the sort of explosive growth being achieved should mean that funds should be available at a very healthy share price.

[yogaboy] 26/6/2017 09:55

That's better. Steady as she goes...

[professor pettigrew] 25/6/2017 01:20

pet lover will know and appreciate the details, but an investment company entitled Legendary Investments (LEG) has a 7% holding in a private rapidly growing company called Virtualstock (VS).

One train of thought is that if VS ever need a stock market quote they may reverse into LEG.

[pet lover] 24/6/2017 20:30

My thread on BST

[hedgehog 100] 24/6/2017 18:36

Big Sofa RTOed into delisted ISDX shell HubCo in December, which then listed on AIM.

Big Sofa Technologies (BST) 25.5p Market cap £14.5M.




BST seems to be attracting interest in the wake of recent exciting contract wins, and ahead of its final results next week.

It looks an attractive long-term growth stock, and this could be the last chance to buy in in the mid 20s.

[hedgehog 100] 24/6/2017 18:12

cpap man7 Apr '17 - 11:50 - 876 of 884 0 0
"Hi Hedgehog 100 - would be interested to know your current TOP 25 U.K. listed [either AIM or fully [most probably standard] listed SHELLS?"


CM,

Researching an updated list like that would be a good idea, but would be quite time-consuming, so if I do is something that I'll really have to look at in the medium term or later rather than short term due to other commitments.

However, other people are welcome to have a go!

A good place to start could be to trawl through sub £1M. and sub £2M. stocks from the LSE monthly list of shares, which can yield some good ideas.

"COMPANY LIST

The file below provides a list of companies that have Shares admitted to trading on the London Stock Exchange. The definition of ‘Shares’ is taken from the MiFIR Identifier ‘SHRS’ as defined under MiFID II.

Company List (xlsxfile xlsx - 143 KB)"



The current LSE list is for 31st. May 2017, and shows 2,037 securities.

The first step would be for manipulate that LSE Excel file to enable the sub £2M. securities to be separated out.

[moneytree1] 13/6/2017 14:03

PATH looks good.


SILF should be announcing its deal this month .

[the_curmudgeon] 12/6/2017 10:36

Hello all. Has anyone here been looking at PATH? Essentially a shell after coming out of the ashes of Niche (with a long history) but has relaunched with the help of a CEO who was initially a shareholder in Niche and is now leading PATH with a new management team. Strategy is for deals with producing or near-producing energy companies (not an explorer). Recent RNS mentioned 30 NDAs signed. Seems to fit the bill for this thread!

[yogaboy] 07/6/2017 16:24

Jeepers is this heading for three quid? Long term chart starting to look exponential in the near future.

[letmepass] 14/5/2017 20:57

UVEL looks great

[toptrump1] 26/4/2017 15:50

SMA looks good