Rentokil Initial Share Discussion Threads

[hedgehog 100] 07/12/2015 18:38

07/12/2015 17:44 ALNC Silver Falcon Calls Recent Press Speculation "Factually Incorrect"

07/12/2015 17:36 UKREG Silver Falcon PLC Statement re: media speculation

"Statement regarding media speculation and share price movement

Silver Falcon PLC (LSE: SILF), the Main Board listed special purpose acquisition company set up to acquire businesses in the FinTech space, notes recent press speculation and movements in its share price.

The Company notes that a number of material pieces of information in recent press speculation are factually incorrect and should not be relied upon.

Whilst the Company has had initial discussions with a possible target concerning a possible transaction, all such discussions are at a preliminary stage. No exclusivity agreement or other binding, or non-binding agreements have been entered into with any party, and there is no certainty that any such agreements will be made. A further announcement will be made in due course."



Price Price Change [%] Bid Offer Open High Low Volume
4.25 0.25 [6.25] 4.00 4.50 4.13 4.75 4.13 7,263,151
Market Cap. [m] Shares In Issue [m] Beta EPS DPS PE Ratio Yield 52-Wks-Range
2.76 64.90 - - - - - 4.75 - 3.00

SILF rose today from 4p to 4.75p within the first few minutes of trading, but then lost a ha'penny of that during the rest of the day, to finish at 4.25p.

Volume was a hefty 7.2 million shares traded, over 11% of those in issue.

[hedgehog 100] 07/12/2015 16:23

CHAL is returning from suspension tomorrow, and looks very attractive.
CHAL's suspension price was 38p, but its RTO of Starneft is priced at 75p.

"Ferris wheel company plans to circle the globe - and build a new 'Eye' every year

By SIMON WATKINS, FINANCIAL MAIL ON SUNDAY

PUBLISHED: 22:01, 5 December 2015 | UPDATED: 11:50, 6 December 2015

Challenger Acquisitions – a company planning a global business building giant Ferris wheels – returns to the London stock market this week after six months completing a series of takeovers.

Shares were suspended in May after Challenger unveiled a reverse takeover of giant wheel builder Starneft and a £3million investment in a wheel in New York.

But after approval from City regulators, the shares will resume trading on the London Stock Exchange main market on Tuesday.

The group has a 2.4 per cent stake in the New York project, due to start operating in 2017. The company plans to design, build and operate giant observation wheels at the rate of one major project every year.

The Starneft acquisition means the executive team now includes Chiel Smits, designer and project manager of the London Eye.

He has worked on the Dubai-I, now under construction, Las Vegas High Roller and the Singapore Flyer.

Mark Gustafson, executive chairman of Challenger, said the group aimed where possible to become a part owner of future sites on a far larger scale than in New York. He said a contract on a £100 million wheel should be finalised within three months.

'We are not just looking for one-time projects but for long-term cash generation,' he said.

Though no longer linked to the London Eye, Challenger cites the success of the site as evidence for the potential of future projects.

Latest figures for London Eye, now owned by leisure group Merlin, showed operating profits of £30million a year.

Shares in Challenger were suspended at 38p in May, valuing the group at £5million."

[hedgehog 100] 06/12/2015 19:34

Thanks for that Paperbin.

For some reason it reminded me of PPG.

From the thread "Plutus Powergen (PPG)":

bishopawn 4 Feb'15 - 00:06 - 319 of 656 1 0
"Yipee for Plutus! Regular updates on asset finance and planning permission will demonstrate the ACCELERATION of implementation very soon. I think they may very well SMASH their 200MW three year target THIS YEAR. Amazon.W is not wrong in expecting reasonably 20 pence by end of 2015.
Good luck to holders that keep holding!! for the real ride to come!!!!"




Currently 1.05p. PPG only needs to rise 1,805% in the next three and a half weeks in order to reach the '20p by end of 2015' target!

This is not an attempt to look wise in hindsight, as I did express my scepticism at the time.

[keya5000] 06/12/2015 17:54

That's a tad tenous in the link. It's value is so low so I will say it's like a shell!

[paperbin] 06/12/2015 16:48

The idea of buying into a shell company where the shares trade in pence is the chance for massive shareholder gains.( often within a few months ).

CBUY is not a shell but is valued as one due to its failure (in the past)to produce profits.

It has designed and built some very smart software and won contracts that are just about to produce massive profits in my view.

The city and most investors have written off the company.

My own sums point to its market valuation jumping up to 350 times if it starts to deliver profits.

Directors have been buying and a large US investor.

I have made it my share of the year 2016, not without risk but could be fun.

[keya5000] 06/12/2015 16:41

Good articles hedgehog. Given the mess the resource sectors in tech and especially fintech could be the place to invest.

Still think fast forward is the cream of the crop though

[hedgehog 100] 06/12/2015 16:25

"Tech unicorns
Gored
A correction in startup valuations would be good news for the technology sector
Nov 28th 2015 | From the print edition

THE unicorn of myth can heal the sick and make poisoned water drinkable. The unicorn of the business world—the label given to privately held tech startups with a valuation of more than $1 billion—has the power to bewitch investors.

The past few years have seen money slosh towards anyone in a hoodie. As well as venture capitalists, who typically finance entrepreneurs, more conservative fund managers have also been investing in these new tech firms. Today there are 144 unicorns valued at $505 billion between them, about five times as many as three years ago. Most are unprofitable.

... When funding is harder to come by, those firms that have either used the boom to store up lots of cash, or can lay out a plausible path to profitability, will do better. ..."

[hedgehog 100] 02/12/2015 21:00

A new main market shell, targeting the FinTech sub-sector:

Silver Falcon (SILF) 4.0p Market cap. £2.6M.




27/11/2015 15:00 UK Regulatory (RNS & others) Silver Falcon PLC Interim Report for the period ended 31 August 2015

"Silver Falcon Plc announces its unaudited interim results for the six-month period ended 31 August 2015.

Highlights

-- Successfully admitted to trading on the Main Market of the London Stock Exchange on 9th November 2015;

-- Raised GBP1.5m cash (gross) through the issue of 64.9m new ordinary shares
-- Cash balance at 31 August was GBP6,230.
-- Cash balance at the date of this report is GBP1.4m

Chairman's Statement

As a result of the raising of GBP1.5m before expenses and its admission to trading on the Standard List of the London Stock Exchange on 9(th) November, the Company is well placed to implement its strategy of making acquisitions in the Financial Services Sector and in particular in the FinTech sub-sector. We were very pleased by the confidence shown in the Company by the oversubscription in the placing and the Company seems to have been well received by the Market.

We look forward to a successful future for the Company and we have already identified potentially interesting acquisition possibilities.

Geoffrey Dart
Executive Chairman
27 November 2015

... On 9(th) November 2015 there was a placing of 43,300,000 New Ordinary Shares of GBP0.01 each at a placing price of GBP0.03 each per share resulting in total of issued share capital of 64,900,000 Ordinary Shares of GBP0.01 each. ..."

[swizz] 02/12/2015 19:39

ECV - NW would appear to be applying the Akers rule with his shell developments.....GL S

[tomboyb] 01/12/2015 10:27

Looking for more shells -

LEAL - another - odd 29mill shares held out of 30mill - 1 mill free float! lol!

FFWD - Jim Mellon was another now fairly stable investment company at 8.25p

[moreforus] 01/12/2015 10:22

GWIK/TRV down from yesterday

ECV just +20% now - agree intresting rns and raise but its at 1.22!

[tomboyb] 01/12/2015 09:25

ECV - shell up 80%

[tomboyb] 30/11/2015 12:39

BNR - very illiquid

up 9.4% and 25k online - no much buying and was previously coburg -

[tomboyb] 30/11/2015 11:55

DRG - is the other! lol!

64% HELD by one consortium as per LSE.

300k cap. Apparently consortium sold their last company for A120million. But dyor research there.

[solarno lopez] 30/11/2015 11:53

That's one shell !

[tomboyb] 30/11/2015 11:49

A couple of shells -

BNR - Bruce Rowan shell

[dogwalker] 29/11/2015 11:34

ArgyleRich ,Where do you find that the P/E is 'only 11', please?

[risk1] 29/11/2015 09:17

Fast fast fast fast fast

[hedgehog 100] 28/11/2015 20:51

Reat petite, this August 2015 RTO into VMP:

React Group (REAT) 1.575p Market cap. £4.34M.




"VERDES MANAGEMENT PLC (TO BE RENAMED REACT GROUP PLC ON ADMISSION)
OFFER DETAILS
Expected size of offer (M): £1.75m
Expected first date of trading: 17/08/2015
Market: AIM
Description of business:
The enlarged group will be a specialist provider of rapid response deep cleaning and emergency decontamination services. The main country of operation is the U.K. Admission is being sought as a result of a reverse takeover under AIM Rule 14."

[hedgehog 100] 27/11/2015 16:44

"How likely is $30 oil?

By Harriet Mann | Fri, 27th November 2015 - 13:23

Even against a backdrop of heightened geopolitical risk threatening oil supply, the industry will remain on the back foot next year as the globe sloshes in excess oil. And as analysts queue to publish predictions for 2016 ahead of next month's OPEC meeting in Vienna, one broker believes the $30 barrel could soon be a reality.

Certainly since the price crash last summer, experts have been arguing about what the new "normal" is for the industry. But with the oil price not controlled by anyone for the first time in 80 years, perhaps volatility is the norm. That's certainly the sentiment which emerged from a conference call hosted by broker Macquarie recently.

Investors discussed key themes including oil prices and refining margins with Dr Fesharaki, founder chairman of global oil & gas consultants FACTS Global Energy (FGE). And the demand/supply imbalance is a real concern.

The supply glut is growing, as US declines of 0.2-0.4 million barrels of oil per day (mbpd) fail to offset higher production from Russia and Iraq. Around 0.5mbpd could be added here, while another 0.5mbpd could be added from Iran in 2016.

Although another 0.5mbpd could be added later, Macquarie doesn't expect the region to breach pre-sanction peak of 5.7mbpd.

This could push oil down to $30 a barrel soon, with $50-55 the cap for now, according to Macquarie analyst Abhishek Agarwal. But looking to next month's OPEC meeting for a solution could be a mistake and Agarwal argues that more pain will be needed to force OPEC's hand.

Jason Gammel, an analyst at Jefferies, agrees: "OPEC is scheduled to meet on 4 December in Vienna and we think it unlikely that the group institutes a coordinated output cut.

While vocal calls for action to support prices have come from Algeria, Venezuela and Ecuador, the Saudis and their [Gulf Cooperation Council] allies have given every indication they will stay the course on maintaining market share."

By the end of 2016, however, Dr Fesharaki, reckons OPEC members and non-members will agree to let Saudi regulate oil once again, possibly at $60 a barrel.

"The Saudis pumping all-out has not yielded desired results, and weak oil could have economic and political repercussions. OPEC budgets were balanced at $50 per barrel (/bbl) in 2011, and may go back there," says Fesharaki.

The consultancy firm expects oil to reach $70-$80 in 2018-2020, as 1.2-1.5mbpd demand growth balances the market.

Predictably, third-quarter results season highlighted widespread pain across the industry, as exploration and production divisions struggled to make money. But reliance on downstream operations - refining and sales - as a buffer yielded positive results.

With no new projects in China for the first time in 15 years, and Middle East export refineries and Indian greenfield projects nearly finished, refinery margins should remain strong as Asian capacity additions lag demand growth.

But all good things must come to an end: when the next wave of Middle East refineries come online at the end of the decade, margins will fall sharply.

Stock valuations 'not compelling'

Despite this silver lining, stock valuations are still not compelling compared to the wider market.

"On our 2017 estimates, the stocks are trading at a price/earnings ratio (PE) of 14.4x and an EV/[debt adjusted cash flow] of 6.6x.

"Relative to the market PE on consensus estimates, the US stocks are trading at 188% of the S&P500 and the European stocks are trading at 103% of the STOXX600," explains Gammel.

"We believe a sustainable oil price recovery is going to be difficult before second-half 2016 and, with no significant valuation driver, see little reason to aggressively put new money to work in the sector."

Still, the analyst favours US stocks Chevron (CVX) (price target $115) and Occidental Petroleum (OXY) ($84) and European players BG (BG.), Shell (RDSB) (2,040p) and GALP (GALP) (€12).

Gammel dislikes Italian giant ENI (ENI) (€11.50) and Statoil (STO) (100 Norwegian Krone).

This article is for information and discussion purposes only and does not form a recommendation to invest or otherwise. The value of an investment may fall. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser."

[argylerich] 26/11/2015 13:43

Continues to push new heights and with a P/E of only 11, this must have some leeway to go higher.

[hedgehog 100] 13/11/2015 16:22

Two days ago SPSM went the way of most SPAM.

Yes, this colt has just done a bolt:

11/11/2015 10:07 UK Regulatory (RNS & others) Stallion Resources PLC Cancellation of Admission LSE:SPSM

"The Company wishes to announce that, effective 11 November 2015, the Company's ordinary shares are no longer admitted to trading on AIM, pursuant to the operation of Rule 15 of the AIM Rules. While this is regrettable, the Company's Board of Directors is continuing to work diligently with a view to ensuring that an appropriate transaction is consummated to enable the re-admission of the Company's ordinary shares to trading on AIM. We will keep shareholders appraised of developments."

[hedgehog 100] 09/11/2015 18:18

GOS Systems: 2nd. Mears Fears = Bears shed Tears!

Mears (MER):
Bought in 1996 for just £50K., and floated on AIM in October of that year.
By 2001 MER’s market cap. had topped £50M.
By the end of 2006, it had topped £200M.
Currently £459.08M. at 450.5p.
" … Bob Holt, who purchased Mears in 1996 for just £50,000 and brought the company to the stock market, has sold 2m shares for £5m, or 250p each.
It means Mr Holt holds just 1m share options in Mears – which is now worth more than £200m … "


GOS Systems:
Bought by Touchstone (TGL) in November 2014 for a nominal sum:
"Inclusive of a nominal consideration for the assets and goodwill, Touchstone has committed a maximum of GBP250,000 to finance the acquisition and to enable GOS Systems to fund initial working capital requirements."

By 1st. July 2015 TGL was able to announce that GOS had become an "important and valuable asset":
"The Company's investment in GOS Systems ("GOS"), a security sector focused technology business, is at the core of Touchstone's investment strategy. In the opinion of the Board, GOS has become an important and valuable asset. TGL's recently announced investment in Cambridge Quantum Computing Limited is complementary to the GOS business, as is TGL's investment in Smart Desk Systems Limited. It has now been resolved by the TGL Board, subject to shareholder approval, that:
-- any future acquisitions that might be made will be complementary to GOS;
-- GOS' chief executive officer Jamie Ridealgh be appointed to TGL's Board as TGL chief executive officer; and
-- the Company's name be changed to GOS Systems."

[trevorjipp] 06/11/2015 19:22

As RI continue their quest for acquisitions, questions arise about the quality of the team making the decisions. Rumour has it the purchase of Prokill in April this year has turned out to be full of "unexpected" surprises. It seems that they bought two companies which comprised a typical "vanilla" pest control operation and a franchised business that it created some years ago. Seems that customers are departing the foundation business like the proverbial rats on a sinking ship and the franchised businesses are about to engage in litigation for underlying historic issues and new problems created post acquisition. Amazing what you can learn in a Soho bar.......

Look out for a buying opportunity on this one.