Amino Technologies Share Discussion Threads

[j777j] 06/8/2015 09:58

Looks like a great short in the making.No volume fluffy numbers

[masurenguy] 03/8/2015 11:39

A new broker note should come out in due course once they have had the opportunity to consider all of the financial implications arising from the subsequent synergies arising from the integration of Entone.

[hyperboreus] 03/8/2015 09:12

Sorry RCTurner2 I don't have that information.

[rcturner2] 03/8/2015 08:40

Thanks Hyperboreus. Do you they have any eps forecasts?

[hyperboreus] 03/8/2015 08:25

Beaufort Securities have today increased their target price to 210p (previously 150p)

[hyperboreus] 30/7/2015 14:30

Good points well made sharw

Serious share price movement today (up 9p right now!) on fairly small volume in truth

[sharw] 30/7/2015 13:47

Hyperboreus - your calculations may be too simplistic. Firstly, EPS is calculated using an average number of shares in the period and since the 16.1m placing was 10 days short of 8 months through the year it should be factored by 132/365.

Secondly PBT is just that whereas EPS is after tax. AMO's tax affairs have been complex but sooner or later it will use up credits and move to a more normal rate. Applying 20% tax to your 13.8 gives 11.1p which is almost the finncap figure quoted.

[hyperboreus] 30/7/2015 12:41

I think you may have a point there RCT although clearly the acquistion of Entone Inc and subsequent placing of 16.1 million shares complicates the calculations.

From what I understand finncap are predicting £5.7m PBT for this year and £9.5m for 2016 so if you divide these figures by the numbers of shares in issue (ie 68.6m) the respective EPS figures are about right for 2015 but inaccurate for 2016 as that equates to 13.8p by my reckoning.

You would hope though that the finncap projections are likely to be on the conservative side given the expected synergy of Amino and Entone moving forward.

Anyhow on a less technical note my prediction of share price consolidation this weeek has 'gone to pot' today not that I'm complaining :o)

[rcturner2] 30/7/2015 11:32

finncap reckons eps of 8.5p in 2015 and 11.2p in 2016.

However Amino already achieved 5.44p in H1 2015, so surely these finncap numbers are too low?

[hyperboreus] 29/7/2015 17:10

Yesterday's news from the website:



Same story, different source:

[hyperboreus] 25/7/2015 21:35

Internet down, poor reception in the valleys or have you been off for a few days Welsheagle?

See prediction by RCTurner2 - post 1425 and post 1428 by moi

[welsheagle] 25/7/2015 19:49

Positive article on Amino by Simon Thompson in IC this week.

[hyperboreus] 25/7/2015 16:53

Excellent article as always hastings, let us hope that the Company is 'amenable' to your request to visit them once more :o)

[hastings] 25/7/2015 16:34

As a holder, very happy with developments.
Thoughts may be of interest.

[rcturner2] 24/7/2015 19:15

I doubled up today. Those H1 numbers are excellent, improved eps by over 60%. If they have a similar H2 and turn in eps of say 11p I can see this over 200p. And this does not take into account the acquisition, which will be earnings enhancing.

[hyperboreus] 24/7/2015 17:11

What a great end to the week, interesting late trade, 80000 sell @ 151.88, well overbought on RSI understandably but hopefully exciting times ahead :-)

[rcturner2] 23/7/2015 07:02

I have to admit I thought the same. Nothing remotely useful in that link.

[masurenguy] 22/7/2015 14:57

Good to see that the directors have all participated in the placing

"The Company is pleased to announce that a total of 16,153,846 Placing Shares have been successfully placed with institutional investors and certain directors of the Company at the Placing Price of 130.0p per Placing Share by Canaccord Genuity and finnCap as Joint Bookrunners, raising gross proceeds of £21.0m (before expenses). The Placing Shares represent approximately 29.9% of the Existing Voting Rights. The Placing Shares have been conditionally placed with new and existing shareholders, including the following directors of the Company:

Current details Following Completion
Director Number % Number Number %
of Existing Existing of shares of Ordinary Enlarged
Ordinary Voting subscribed Shares Voting
Shares Rights for pursuant Rights to the Placing

Thomas Keith Todd 381,983 0.71 38,461 420,444 0.60

Donald Kevin McGarva 317,713 0.59 23,446 341,159 0.49

Julia Elizabeth Hubbard 153,840 0.28 19,230 173,070 0.25

Peter Christopher Morrell Murphy 130,000 0.24 45,000 175,000 0.25

Kestrel Partners LLP(1) ("Kestrel") is a substantial Shareholder in Amino, holding in aggregate 9,865,181 Ordinary Shares of the Company, representing 18.23% of the Existing Voting Rights and, consequently, Kestrel is considered to be a related party of the Company pursuant to Rule 13 of the AIM Rules. Kestrel is subscribing for 2,923,076 Placing Shares on behalf of its clients at the Placing Price, representing 18.10% of the Placing. This subscription by Kestrel constitutes a Related Party Transaction for the purposes of the AIM Rules. The Board considers, having consulted with finnCap, the Company's nominated adviser, that the terms of the subscription for Placing Shares by Kestrel are fair and reasonable insofar as the Company's Shareholders are concerned.

The Placing remains conditional on Shareholder approval at the General Meeting which is expected to be held on or around 10 August 2015 and upon Admission becoming effective. A circular to Shareholders is expected to be posted shortly, including details of the General Meeting and the Resolutions. Application will be made for the 16,153,846 Placing Shares to be admitted to trading on AIM. Subject to the Resolutions having been passed and the Placing Agreement not having been terminated in accordance with its terms, it is anticipated that admission of the Placing Shares will occur at 8.00 a.m. on or around 11 August 2015. The Placing Shares will be credited as fully paid and rank pari passu with the Existing Ordinary Shares. Following the issue of the Placing Shares the Enlarged Share Capital will be 74,407,743 (4,139,898 shares are held in treasury) and the number of Ordinary Shares carrying voting rights will be 70,267,845. Shareholders should use 70,267,845 Ordinary Shares as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

[connor23] 22/7/2015 12:19

Thanks Hyper

[hyperboreus] 22/7/2015 12:16

Decent write up by ST as predicted by RCTurner2, ST places a 'fair value' of 180p on Amino.

House Broker, finncap predicting EPS of 11.2p for fiscal year 2016 after anticipated share placing so plenty to look forward to here for anyone who stays onboard!

[hyperboreus] 22/7/2015 10:57

Little snippet from finncap website who have incidentally upped their target price this morning to 205p from 165p

[rcturner2] 21/7/2015 09:50

Presumably there will another RNS later today with the result of the placing. It will be interesting to see if a premium to the 130p is paid.

[rcturner2] 21/7/2015 09:48

Investors Chronicle and Simon Thompson like this stock, so I imagine they will give this good coverage.