Discoverie Share Discussion Threads

[rivaldo] 24/7/2018 09:04

New pan-European partnership agreement:



"Acal BFi sign pan-European agreement with Rebellion Photonics

Acal BFi have further developed their photonics and imaging portfolio by becoming Rebellion Photonics’ sole technical partner in Europe to offer their range of next-generation gas-leak-detection and monitoring systems. Some of the biggest oil, gas and chemical companies in the world use Rebellion Photonics' technology to mitigate high-risk safety and environmental issues, loss of product, delays to production and the related economic losses.

Customers across Europe can now access high-quality hyperspectral imaging technology with advanced detection algorithms to identify and quantify gas releases in real time. This cutting-edge technology is fully autonomous and automated, capable of detecting leaks day and night with a response time of less than one second, and is unaffected by wind and other weather conditions. The system automatically detects, identifies and quantifies the gas, generates an alert, and provides real-time video of the leak, allowing the operator to take immediate mitigating action.

Accurate detection of gas leaks up to 1.7km away

Rebellion Photonics' gas-cloud-imaging (GCI) cameras use proprietary technology, both visible spectrum and infrared video, to detect leaks up to 1.7km away. The self-calibrating hardware is significantly more accurate at detecting gas releases than most traditional imaging systems, eliminating the need to buy additional gas-detection hardware.

Unlike other gas-leak-detection systems, Rebellion’s GCI technology both identifies and quantifies gas leaks for most hydrocarbons and other dangerous gases. For example, GCI cameras can detect a cloud of ammonia 2m in depth with an average concentration as low as 7ppm, accurately estimating the volume of gas emitted.

etc"

[davr0s] 23/7/2018 18:02

UT price makes it look worse than it was

[f1araway] 23/7/2018 17:36

It's an odd 5% down with the update due on Thursday + Berenberg target increase lately.

[mfhmfh] 19/7/2018 11:44

first quarter trading update/AGM on 26th July.

[rivaldo] 19/7/2018 11:31

Berenberg have increased their target price to 525p (from 475p):



The current price looks to be a buying opportunity imo. Surprising to see the price slip whilst I've been on hols the last couple of weeks. Standard Life have taken a little profit, and the 10th July RNS is just a technical issue with no actual impact.

[rivaldo] 15/6/2018 11:19

It did indeed - looking very strong.

And here's a new Edison report FYI The EPS forecasts for this have been increased by 1.8%, more acquisitions are likely, and DSCV are still at a discount to their sector:

[soundbuy] 15/6/2018 09:09

Cheers - had had a quick gander to answer myself :)

Held up well..........

[soundbuy] 14/6/2018 14:45

Ex-divi today??

[rivaldo] 11/6/2018 11:00

RNS out - Montanaro Asset Management have been buying and are now a new substantial holder with over 3% and 2.42m shares:

[soundbuy] 08/6/2018 07:57

Reads well......thanks

[rivaldo] 07/6/2018 11:52

Tipped here - good to see someone else gets the reason for the continuing re-rating:



"Why I'd buy this growth stock as it crushes the FTSE 100's performance
Jun 5th 2018 9:35AM

Full-year results from DiscoverIE Group (LSE: DSCV) today were encouraging. The electronic components designer and manufacture delivered some robust figures and said that in the trading year to 31 March it experienced "strong growth in sales, earnings and the order book"- music to the ears of those following the firm's growth story.

The share price hasn't moved much today (so far), suggesting that the market expected decent trading figures. However, the stock rose around 100% over the last year or so, driven by perky forward earnings projections and a valuation re-rating. That's a performance that crushed returns from holding a FTSE 100 tracking fund over the period and is a good example of why it can be lucrative to invest in smaller firms outside the footsie as long as we do thorough research first. I think the operational and share price momentum looks set to continue, so I'm hanging onto my shares.

Good figures

Compared to the previous trading year, revenue elevated 11%, underlying operating profit lifted 18% and underlying earnings per share moved 16% higher. The directors expressed their confidence in the outlook by pushing up the full-year dividend by 6%. Chief executive Nick Jefferies said in the report that the firm's design and manufacturing division achieved "strong" organic growth in both revenue and profits during the year, and an efficiency programme boosted profits in the company's custom supply division.

The order book moved 12% higher and, in order to cope with the increased demand, the company invested in additional production capacity at sites in India, Slovakia and South Korea. During the current trading year, the directors plan to invest further funds in China and Rotterdam. Looking forward, Mr Jefferies said the new trading year started with "continuing growth in orders and sales" and DiscoverIE is "well positioned" to benefit from the ongoing technology changes unfolding in the firm's target markets.

Trading up the value chain

The growth agenda seems clear with the firm stating that it aims to increase sales "well ahead" of Gross Domestic Product (GDP) over the economic cycle by "focusing on structural growth markets." The plan involves shooting for both organic and acquisitive growth and "moving up the value chain" to further increase revenues in the "higher margin" design and manufacture (D&M) division. Progress so far has been brisk, with the company earning around 71% of its operating profit from the D&M division during the year and 29% from Custom Supply. The directors have their sights set on expanding sales in North America and Asia in order to "internationalise the business."

One of the things I find most attractive about the firm's business model is that it designs and manufactures "application-specific" components to original equipment manufacturers (OEMs) making DiscoverIE integral to these OEMs' production processes. Such arrangements lead to high levels of repeat revenue and long-term customer relationships that potentially keep incoming cash flow steady and reliable.

The company's journey from distributor to specialist designer and manufacturer is transforming its prospects, and I think the growth strategy looks set to drive further investor returns from where we are now. This one is well worth your research time, I reckon."

[petewy] 06/6/2018 17:54

Discoverie Group (LON:DSCV) had its price target raised by analysts at Numis Securities Ltd from GBX 4.55 ($6.06) to GBX 5.00 ($6.66). They now have an "add" rating on the stock.

[eggbaconandbubble] 06/6/2018 12:37

Profit warning?????????

[mfhmfh] 06/6/2018 10:21

I was surprised at the lack of positive share price reaction to the results. luckily there wasn't a profit warning or who knows what would have happened.

[rivaldo] 06/6/2018 09:24

Numis have today increased their target price to 500p (from 455p):

[rivaldo] 06/6/2018 09:17

Very positive interview with the CEO, noting a "strong pipeline" of acquisition opportunities. There's a fourth production facility coming this year for magnetics. "Very strong" order book and design wins for organic growth too.

Also "very strong" trading in first two months of this financial year, plus a favourable macro outlook and particularly in their target markets:

http ://www.proactiveinvestors.co.uk/companies/stocktube/9447/discoverie-enjoys-year-of-good-progress-with-strong-organic-growth-9447.html

[eggbaconandbubble] 05/6/2018 20:23

I reckon Jim Slater would have been filling his wellies right now!

[davr0s] 05/6/2018 19:36

Nice recovery. Buys to sell ratio meaningless on several levels

[f1araway] 05/6/2018 19:29

A theoretical 9 buys to one sell.

[soundbuy] 05/6/2018 17:32

Fair finish.......thankfully......

[f1araway] 05/6/2018 14:20

It's an odd turnaround from start......

[eggbaconandbubble] 05/6/2018 14:12

You and me too!

[soundbuy] 05/6/2018 13:10

I'll stick for now though if it dips sub 410p I'll add a tad more.........can't imagine the mkt was expecting more......

[eggbaconandbubble] 05/6/2018 12:19

Not many 'sells' today especially considering the first trade of the day 2000no. was a 'buy' by me!