Keyword results: Canaccord Genuity

CNS
CNS

Corero Network Security – interims emphasise “strong ARR and new business growth”, but what about the bottom-line?

Corero Network Security (CNS) emphasises a “record H1 performance underpinned by strong ARR and new business growth”. What’s the detail and what of a 10.5p share price, still down from above 14p as recently as May?

BKS
BKS

Beeks Financial Cloud – “trading update and first Exchange Cloud customer”… but what about cash flow and the contract win already announced?

Financial markets cloud computing and connectivity group Beeks Financial Cloud (BKS) has announced “a record trading performance in the year, delivering growth on the prior year and in line with upwardly revised market expectations” and that the first customer for its newly launched Exchange Cloud offering is ICE, the world's largest exchange group and owner of the New York Stock Exchange. So what of a share price currently up to 156p?

TXP
TXP

You Might Want to Appreciate the Big Step Forward for this Oil and Gas Outfit in a Tropical Paradise

Hello Share Planters. Oil and gas drilling is something I normally leave to my brighter colleagues on this glittering website. But I rather like the look of Touchstone Exploration (TXP).

Everyman Media – “record half year sales and EBITDA”, but how impressive is it?

Premium UK cinemas group Everyman Media (EMAN) has announced “record half year sales and EBITDA… the pipeline for H2 2022 and 2023 is well progressed with a minimum of six further venues contracted to open”. So what of the shares currently moving up to 111p?

CNS
CNS

Corero Network Security – “pleased to provide” trading update, so why are the shares approaching 9% lower in response?

Describing itself as “a leading provider of real-time, high-performance, automatic Distributed Denial of Service cyber defense solutions”, Corero Network Security (CNS) has issued a half-year trading update it states it “is pleased to provide”. So why currently a more than 8.5% lower share price response towards 10p?

Attraqt – “pleased to provide” trading update, but outlook deterioration?

Previously writing on search, merchandising, and product & content technology group Attraqt (ATQT), in April with the shares at 30.5p I questioned whether it was well positioned to deliver on its growth strategy and concluded to avoid. The shares last closed at 25p... and now what of a trading update today?

STG
STG

Strip Tinning – trading warning little over three months since listing!, AIM IPO roll-call of shame...

On 16th February Strip Tinning Holdings (STG), describing itself as “a leading supplier of specialist connectors to the automotive sector”, was “pleased to announce the admission… to trading on AIM… £11.5 million of gross proceeds have been raised… at a price of 185 pence per ordinary share… £8.0 million for the company and £3.5 million for certain selling shareholders… The directors believe the placing and admission will enable the company to accelerate its growth plans and underpin its early mover advantage in the EV battery sector, further enhance its profile in the markets in which it operates and assist with attracting, retaining and incentivising high calibre employees”. So what of now a “trading update” little over three months later?...

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BREAKING: Kinovo – how is this anything other than outright deception as a Birthday Present to me

Surely, AIM Regulation must publicly censure Kinovo (KINO), and possibly its Nomad and broker, Canaccord Genuity. One - or both - of them has grotesquely misled investors to the tune of £8 million and rising, only fessing up to the scale of that deception today, which has sent the shares tumbling.

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dotDigital – interims, ‘below expectations’ certainly not enough for the valuation...

Previously writing on marketing automation and customer engagement software group dotDigital (DOTD), only in January with the shares down to 160p I concluded there was still a premium valuation and that the latest share price response suggested an exceptional performance needed to maintain the share price, sell/avoid. The shares last closed at 149p and on the back of half-year results are currently… below 80p!

System1 – in less than 2 weeks from “in line with management's expectations” to significant profit warning!

Previously writing on marketing decision-making platform group System1 (SYS1), just earlier this month whilst it argued profitability “in line with management’s expectations” I noted the share price falling below 400p in response, it not fully in line with expectations and a still challenging valuation. But why are the shares materially lower today to around 250p?…

System1 Group – ‘in line with expectations’, well not fully...

Marketing decision-making platform group System1 (SYS1) has made a third quarter trading update noting revenue growth and “profitability was in line with management’s expectations”, so why a current more than 9% lower share price response to below 400p?…

Strix Has Been Off the Boil, but the Maker of Kettle Bits Seems Set to Steam Head Again

Hello Share Rattlers. I’ve commended Strix Group (KETL) to you before but lately this maker of kettle bits has not been one of my more illustrious calls. It’s down by a third compared to the second half of last year. But the fall, connected to perceived supply and transport issues together with the rising cost of raw materials, seems to me unjustified.

IGR
IGR

IG Design – hopefully my prior caution was heeded, a “significantly below” trading warning...

Previously writing on celebrations, craft, gifting, stationery and creative play products group IG Design (IGR), in November with the shares at 245p I noted it not seeing an improvement in supply shortages and inflationary pressures and that I remained cautious. Today a “trading update” and the shares, having last closed at 255p, down to 115p. So what’s the situation?…

DeepMatter – Christmas Eve fundraising roll-call of shame… Oh, and a revenue warning!

On Monday on ‘digital chemistry data’ group DeepMatter (DMTRas the shares fell below 0.70p I concluded hopefully our prior warnings were heeded, though still bargepole / sell. Hopefully at least that warning was heeded as now a Christmas Eve “Placing, Subscription and Open Offer”…

CNS
CNS

Corero Network Security – emphasises “significantly ahead of market expectations”, but what does it actually mean?...

“pre-close update” from self-styled “a leading provider of real-time, high-performance, automatic Distributed Denial of Service cyber defense solutions” Corero Network Security (CNS) includes EBITDA to be significantly ahead of market expectations for the year”… and the shares have currently responded more than 16% higher to above 13p. Is that justifiable?…

NET
NET

Netcall – results emphasising “growth opportunities”, but are they to be sufficient?...

Year ended 30th June 2021 results from automation and customer engagement software company Netcall (NET) emphasise “growing cloud business is delivering enhanced profitability and revenue visibility which, combined with our product innovation, produces new growth opportunities”. The shares though closed last month at 88p, yesterday at 85.5p and are currently heading towards 80p. What’s the value situation?…

Collapsing-Reactor

Video: We are about to re-enter the storm that started in 2008

Asset manager Jaime Carrasco of Canaccord Genuity warns that we’re about to re-enter the storm that began back in 2008. He says, “Get your ship prepared.”

ARB
ARB

Argo Blockchain US fundraise is at just 109p - no wonder ELEVEN brokers managed to get it away

Yes, you read that correctly, the US ADR placing of Argo Blockchain (ARB) involved ELEVEN different brokers. Jefferies, Barclays, Canaccord Genuity, Stifel, GMP, Compass Point, D.A. Davidson & Co, Ladenburg Thalmann, Roth Capital Partners, finnCap and Tennyson Securities are the team batting for Argo and will no doubt boast that they raised £82.4 million having targeted just £75 million. But…

CCP
CCP

Football Should Generally Be Avoided by Investors, but this Scottish Club Might Be Worth a Highland Fling

Hello, Share Blasters. I’m now venturing outside my comfort zone. Knowing now’t about football, and caring less, I thought you might like to take a look at Celtic plc (CCP). It has of course been battered by covid, but this massive headwind is falling away now.

GMS
GMS

Gulf Marine Services – shares soar on update from new board, But...

An “Update from the board of directors” announcement from Gulf Marine Services (GMS) today… and the shares currently the largest riser of the day, at above 8.5p…

GMS
GMS

Gulf Marine Services – “successful first deployment of cantilever technology”… so why further share price decline?

Previously writing on Gulf Marine Services (GMS) last month, the shares were 14.2p as I noted following “New debt structure”… a General Meeting requisition demand. Today a “First deployment of Cantilever Technology” announcement – and the shares currently further lower at 10.5p…

VRS
VRS
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Writing To Nomad Canaccord and AIM Regulation re Versarien

On 3 October I write to Bobbie Hilliam who looks after shameless Versarien (VRS) at Nomad Canaccord Genuity and cc’d in AIM Regulation. I have yet to receive a reply but the matters raised are grave as you can see below: The matters and the failure to address them compel me to stay short as one day this will implode.

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IQE
IQE
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Ouzo O’clock in North Wales, misery in the valleys as IQE warns (as predicted)

The Sheriff of AIM is surely entitled to a celebratory breakfast ouzo at his hovel in North Wales? On Wednesday I flagged up a profits warning from the Krauts at Siltronic and suggested that IQE (IQE) was likely to follow. Less than 48 hours later the Cardiff dog duly barks. As a long term bear I have repeatedly warned silly sell side analysts, Thirsty Paul Scott and others that this company is a crock…once again I stand vindicated. And so to detail….it is grim.

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IQE
IQE

IQE: Part Two

Hello, Share Campers. Yesterday I told of my weakness in holding shares in IQE (IQE). Basically, it is loyalty towards the Welsh company which became a six-bagger for me and many other armchair tycoons - at one stage. The problem is that IQE usually disappoints when it reports...

ASC
ASC

ASOS plc – even house brokers don’t see much upside from here, others even more cautious

Following interim results from online fashion retailer ASOS (ASC) yesterday, I concluded that the valuation discounted heroic improvement from what is presently being delivered and looks to leave precious little margin for any concern to have an at all material impact – see HERE. The following reviews the response of the broker community…

Goals Soccer Centres – interim results, company on the right foot?

Shares in Goals Soccer Centres (GOAL) currently trade 4% higher today, at 221p, on the back of its results for the first half of the 2014 calendar year and with the company “confident in meeting its financial expectations for the current financial year and delivering long term value to its shareholders”. I update in the following having, at 192.5p, identified potential value in the shares early this year.

IQE
IQE

IQE - Outstanding Recovery Buy

IQE (IQE) has announced in a trading statement that revenue was lower but that “a combination of efficiency gains, economies of scale, and sales mix has improved profitability “in the first half of 2014 and that it “is confident that the group remains on track to achieve its expectations for the full year”.  On that basis the shares, at 20.75p offered, the shares are a buy.

LOQ
LOQ

Lo-Q plc - directors selling for 'the good' or making a value call?

AIM-listed provider of technology focused on increasing revenues and improving guest experiences in the attractions and leisure industry, Lo-Q plc (LOQ) yesterday announced that non-executive director, Anthony Bone, had sold £600,000 of shares at an average of 600p each (taking his shareholding to 201,517 shares) “in response to significant institutional demand”. This follows another director selling £1.5 million of shares last month at the same average price with the same reason given. The following reviews…

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