Volvere - a buy suggest Tom Winnifrith & Steve Moore

Three stocks where a coronavirus warning looks inevitable & not discounted. Read from Tom Winnifrith HERE

September-announced half year results from self-styled “growth and turnaround investment company”, Volvere (VLE) included “net assets per share have reached a new record of £13.56 (30 June 2018: £6.75, 31 December 2018: £12.50)”. Despite this and clear further growth potential though, the shares are still available at a meaningful discount to that NAV and so…

Cineworld – whatever it says it is all about the debt says Chris Bailey HERE

The company's operations currently comprise Shire Foods Limited – an 80%-owned, Leamington Spa-based, frozen pie and pasty manufacturing business, which was acquired in 2011 and employs approximately 150 people. Additionally, just a few weeks ago, the company announced an “approximately £1.25 million” acquisition of certain of the assets of Indulgence Patisserie Limited. This was an in-administration desserts manufacturer with its management accounts for the 8 months ending 31st December 2019 showing a pre-tax loss of £0.23 million on revenue of £3.3 million. Volvere though notes “a number of clients in common with Shire Foods… as well as offering the customers of both Indulgence and Shire Foods a broader product portfolio, the investment strengthens Volvere's manufacturing base”. The position follows sales in 2019 of CCTV-viewing software business Sira Defence & Security Limited for £3 million having been acquired in 2006 for “approximately £0.005 million” and having “repaid all group debt, and paid dividends and management charges totalling £0.38 million to the group” and in 2018 of automotive consultancy, Impetus Automotive Limited, with the company’s share £26.1 million having acquired it in 2015 for “approximately £1.25 million” and having repaid all group debt and paid interest and dividends totalling £0.52 million to the group”.

Letter to AIM Regulation: Telit needs to make an urgent statement. Read HERE

The company was founded by CEO Jonathan Lander and Chief Financial & Operating Officer Nick Lander. The former is a Chartered Financial Analyst with approaching 30 years’ experience in the financial services industry and latter a qualified chartered accountant with both financial and operational corporate experience. Following the noted sale of Impetus, in 2018 the total payment to them was £3.03 million. In 2017 it was £0.55 million. They, respectively, have 240,037 (13.09%) and 131,947 (7.19%) shares in the company. Non-Executive Chairman David Buchler is a Chartered Accountant with approaching 40 years of corporate turnaround experience, including as previously Chairman of Kroll for Europe & Africa. His remuneration in 2018 totalled £45k and he has 45,000 shares in the company (2.45%). The results for the company’s half year ended 30th June 2019 showed a continuing operations - Shire Foods+group - loss of £0.62 million on revenue of £10.1 million. However, the revenue was up from a corresponding 2018 period £7.3 million and the company noted “profit before tax and intra-group management and interest charges of £0.24 million, compared to a loss of £0.17 million for the six months to 30 June 2018”. For the 2018 period, the intra-group management and interest charges were £0.47 million, comparing to £0.86 million for the 2019 half-year – with the company noting “one-off incentive costs, relating to the disposal of Sira, amounting to £0.34 million”. Additionally, there’s a weighting of sales – 2018 full-year revenue was £18.3 million, with a profit before tax and intra-group management and interest charges of £0.85 million. The balance sheet showed cash of £19.6 million, total current assets of £26.5 million and a £6.1 million of “property, plant & equipment” against total liabilities of £6.2 million. Net assets attributable to equity holders were £24.9 million.

Open Orphan tip of the year update on mega contract win. Read HERE

The results statement noted operating business risks including “the pressure on margins from raw material cost increases and wage inflation remains ever-present” and dependency on a relatively small number of customers. There are also the clearly elevated risks in being a ‘turnaround’ investor and the shares are somewhat illiquid, reflected in the spread. However, the track record here provides confidence for long-term gains and there are also nearer-term growth avenues… As well as the noted potential from the Indulgence Patisserie acquisition, we also particularly note from the prior results statement “we are actively responding to the increased demand for vegan products and have agreed several new products with retail customers. In addition, we have launched our own brand - Naughty Vegan - into the foodservice market”“we have continued to invest in Shire throughout 2019 and the additional investments have facilitated the revenue growth by increasing capacity. This will enable further opportunities to be sought in 2020” and “we remain positive about the outlook for our business and believe that the current economic and political uncertainty will provide further investment opportunities… the level of deal opportunities has increased since 2018 and we remain optimistic that we will identify new businesses in which to invest”.

Petra Diamonds the slide to zero accelerates – even at 3p the market cap is £25 million too high. Read from Tom Winnifrith HERE

The noted growth avenues and track record mean we can see the potential for the shares to be trading above 1500p in relatively short order and for much more longer-term as the current operation is further developed and new moves are made. As such, our current stance is buy.

This first appeared on the N50 website which Tom Winnifrith runs with Steve Moore & Lucian Miers. To access the website ahead of the next share tip from Tom & Steve later THIS AFTERNOON and a new shorting piece click HERE

Filed under: Volvere, coronavirus, Cineworld, Telit, Open Orphan, Petra Diamonds, N50 website

Burberry & ASOS - fashionista trading update face-off

07/16/2020

Fevertree - a Trading Statement lacking financial specifics… & a recovered £2.7 billion valuation

07/15/2020

Centamin - Q2 report, well ahead on this tip but still a buy considers Nigel Somerville...

07/14/2020

Red Rock Resources - spin-off potential, and more than one...

07/13/2020

KEFI Minerals - about to rip? The HotStockRockets team writes...

07/10/2020

Gold cracks $1800 - what to do now and is it Ouzo time yet?...

07/09/2020

Whitbread - why you should not worry about a -80% Q1 revenue move writes Chris Bailey...

07/08/2020

It has been a torrid time for pubs but Marstons should recover strongly reckons Gary Newman

07/07/2020

Highland Gold Mining - update on COVID-19 response, continuing as planned...

07/06/2020

DS Smith - respectfully Mr Market you are wrong says Chris Bailey...

07/03/2020

Pity us poor British taxpayers bailing out Versarien plc says Tom Winnifrith...

07/02/2020

Petra Diamonds - heading for a wipeout for equity holders? Gary Newman writes...

07/01/2020

easyJet - data breach is not in my top three worries and I own the shares says Chris Bailey...

06/30/2020

San Leon Energy - 2019 results & now about to capitalise on a strong position?

06/29/2020

KEFI Minerals - reduced Tulu Kapi project funding requirement, buy says HotStockRockets

06/26/2020

UK Oil & Gas - do not get spiked & is that a dodgy deal I smell? writes Peter Brailey...

06/25/2020

Cranswick - future FTSE-100 constituent? Chris Bailey reviews...

06/24/2020

Why Amigo Holdings is a zero considers Tom Winnifrith...

06/23/2020

BP - new CEO sounding loony... or being very clever?

06/22/2020

Novacyt - corona update, this is all about executive greed and share ramping now says Tom Winnifrith

06/19/2020

Kingfisher sings a song of recovery... but can do so much more says Chris Bailey

06/18/2020

Two UK shares which cannot defy gravity forever says Tom Winnifrith

06/17/2020

Metro Bank - potential acquisition two drunks propping each other up?...

06/16/2020

Cora Gold - a buy suggests HotStockRockets

06/15/2020

Hummingbird Resources - a diversified gold production buy?...

06/12/2020

Nearly a 10 bagger tip... but evidence of alternative energy bubble?

06/11/2020

Avacta - its covid game soon to be up says Tom Winnifrith...

06/10/2020

Columbus Energy - another potential share price catalyst...

06/09/2020

Biffa - still brass in muck says Chris Bailey...

06/08/2020

Union Jack Oil - for a hat-trick of wins?...

06/05/2020

Volvere - 2019 results... & 2020 opportunities...

06/04/2020

Hochschild and Hertz... A review of two old timers by Lucian Miers

06/03/2020

Big themes still at Playtech says Chris Bailey...

06/02/2020

Centamin, Ariana Resouces & Gold - was that the correction, in double-quick time?

06/01/2020

Asiamet - negotiations for deal on KSK helps shares, target increased...

05/29/2020

Bluebird Merchant Ventures - further project funding progress, increased price target...

05/28/2020

Burberry shares remain fashionable to me says Chris Bailey

05/27/2020

Imperial Brands - still an Income buy?

05/26/2020

Columbus Energy - project & funding update suggest still a buy?

05/22/2020

Marks & Spencer - never the same again? Chris Bailey reviews...

05/21/2020

OptiBiotix - sales trajectory sparks shares, but still an even stronger buy?...

05/20/2020

A whole sector that is a short?...

05/19/2020

Tri-Star Resources - sale of first Antimony BUT...

05/18/2020

KEFI Minerals - still significant upside offered by its asset base...

05/15/2020

OptiBiotix - now Taiwan agreement adds to confidence...

05/14/2020

Some gold and gold stock takeaways from Nigel Somerville...

05/13/2020

Is Trainline ever going to make sensible profits?

05/12/2020

Another reality pill - this time for BT Group

05/11/2020

Jadestone Energy has the strength to ride out low oil prices says Gary Newman...

05/07/2020

Hummingbird Resources - a buy says HotStockRockets...

05/06/2020

Goldplat - quarterly update, production getting back on track...

05/05/2020

The markets & sell NASDAQ-listed Credit Acceptance Corporation. From Lucian Miers...

05/04/2020

Columbus Energy - shares bounce on Saffron well oil discoveries but remain a buy...

05/01/2020

Read and learn from the latest Next plc update says Chris Bailey...

04/30/2020

IG Group - why the shares are worth considering writes Malcolm Stacey...

04/29/2020

Ariana Resources - a cue to bank massive profits on this share tip? Nigel Somerville reviews...

04/28/2020

FirstGroup - activism and the coronavirus. Chris Bailey writes...

04/27/2020

Highland Gold Mining - shares bounce on quarterly operational update, but more to come...

04/25/2020

Bluebird Merchant Ventures - we tipped at 2.5p now 4.3p to sell, but worth 6p+. Buy...

04/24/2020

Will the Oil price rout be repeated (in reverse) in Gold? Nigel Somerville reviews...

04/23/2020

The man who predicted negative oil prices reviews where to next...

04/22/2020

PZ Cussons - keep washing your hands... and be on board this stock? Chris Bailey writes

04/21/2020

OptiBiotix - placing somewhat annoying... but it is for a VERY good reason says Tom Winnifrith

04/20/2020

Imperial Brands - an income buy

04/17/2020

Sterling Energy a buy? Gary Newman writes...

04/16/2020

Ariana Resources - what after a stonking gain in less than four weeks?...

04/15/2020

Volvere - shares up on Feb tip after trading update, more to come say Tom Winnifrith & Steve Moore

04/14/2020

Chris Bailey updates on Rolls-Royce & GVC Holdings...

04/09/2020

It is also Sage to look at shares that are not romping says Chris Bailey...

04/08/2020

Versarien forced to start to come clean - a stink regulators MUST investigate says Tom Winnifrith...

04/07/2020

At a time when dividends are being scrapped, Legal & General stands out says Gary Newman

04/06/2020

UK Oil & Gas - another 50 percent share price fall the best case scenario? Peter Brailey reviews...

04/03/2020

The big banks know what side their bread is buttered. Chris Bailey writes...

04/02/2020

Two stocks which look slam dunk zeros considers Tom Winnifrith...

04/01/2020

Premier Foods - a buy despite its high level of debt? Gary Newman reviews...

03/31/2020

Bluebird Merchant Ventures - an Agreement supporting a positive view? A review from HotStockRockets

03/30/2020

Rockrose Energy - a week is a long time says Peter Brailey...

03/27/2020

Cineworld - a good shorting opportunity? Gary Newman reviews...

03/26/2020

Silver is my metal of choice at the moment says Gary Newman

03/24/2020

Golden Prospect Precious Metals - a gold buy

03/23/2020

Hurricane Energy - valuation is far too high. I am short says Peter Brailey...

03/20/2020

Altyn - mining equipment purchases, gold production increasing...

03/19/2020

Versarien - when & at what price the attempted bailout fundraise?

03/18/2020

The company playbook on Covid-19...

03/17/2020

Doing nothing looks a great move... with a few possible exceptions says Nigel Somerville

03/16/2020

As an investor, doing nothing is generally under-rated... but sometimes the facts have changed...

03/12/2020

Bowleven - another AIM oil & gas play crunched by the market sell-off, is it a buy?...

03/11/2020

A review of my favourite two gold stocks by Nigel Somerville

03/10/2020

GVC & Aviva - catching up on some boring but worthy updates (& the continuing Amigo shambles)...

03/09/2020

Volvere - a buy suggest Tom Winnifrith & Steve Moore

03/06/2020

Finablr - the car-crash continues at Red Flag Central. Sell says Nigel Somerville

03/05/2020

Aggreko, Ibstock, Ashtead & Robert Walters update - any value amongst them?

03/04/2020

Hurricane Energy - more risks? Peter Brailey reviews...

03/03/2020

Investment thoughts as fear has racked up in recent days - from Chris Bailey...

03/02/2020

Ariana Resources - bank gains? A review from the HotStockRockets team...

02/28/2020

Goldplat - interims emphasise return to profit & reasons for further encouragement

02/27/2020

Gold set to remain strong & Highland Gold Mining a favourite producer considers Gary Newman

02/26/2020

Petra Diamonds - now a sell? Gary Newman reviews...

02/25/2020

B.P. Marsh and Partners - a buy say Tom Winnifrith & Steve Moore

02/24/2020

OptiBiotix - now a US and Canada LPLDL distributor agreement...

02/21/2020

RISK WARNING & DISCLAIMER - FiveFreeShareTips.com tips are provided by independent authors via a common carrier platform and do not represent the opinions of FiveFreeShareTips.com. FiveFreeShareTips.com does not accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at FiveFreeShareTips.com and via emails you receive from [email protected] are for your general information and use and are not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by the tipsters or FiveFreeShareTips.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Trading shares involves the risk of loss. The tipsters and FiveFreeShareTips.com shall not be liable for any losses or other damages incurred. The value of investments can go up or down and the past is not necessarily a guide of future performance.

Five Free Share Tips?

. . . . . . . . . .

Well actually it will be six. One every week day and one on Sunday, each landing with you at 11 AM sharp.

The Details

Unlike other services (which may always have a vested interest) we pride ourselves on our impartiality and cover all small caps including AIM. the Standard List, The Wider Main Market and NEX.

We cover small caps, penny shares, FTSE 350 stocks and blue chips. We look for red hot penny shares, Warren Buffett style value investments with yield and growth stocks. There is no technical analysis in our work just solid fundamental analysis from a team of experts with decades of stockmarket experience.

You will not agree with all we publish but if you are interested in small caps you cannot afford to ignore it either. Yo'll never be charged for the free share tips from Five Free Share Tips and given the star writers involved you know that they will move share prices.

There's no telephone number or postal address required and there is no charge, ever, for your Five Free Share Tips membership. Just free shares tips every day apart from Saturday And each day's share tip will not just be a few thoughts cobbled together but will be detailed analysis from experts.

Our experts do not just earn their living from writing. All own shares. If they own shares in a stock they cover they will declare it and will not sell until after advising a sell to our readers. And why not our tips are so good that why shouldn't our readers put their money where their mouth is?

Don't just take our word for it! Judge us on the calibre of our free share tips and join today to start receiving them from September 1 2017. If you don't like what you get delivered to your inbox unsubscribe and you will never hear from us again. So why not give it a go? Sign Up Now

The Team

We've put together a panel of top tipsters, including:

Tom Winnifrith, in his 27th year writing about shares, noted fraudbuster & dubbed "The maverick Tipster"

Chris Bailey, City whizz kid turned financial guru, rated as one of the top 50 commentators on shares on twitter, founder of Financial Orbit

Steve Moore, has worked with Tom Winnifrith for all bar 3 weeks of his working life - a noted commentator on value stocks

Malcolm Stacey, The Grandfather of Share Blogging, the founder of ShareCrazy & a best selling autthor of stockmarket books

Lucian Miers, the Bard of the Boleyn, one of the UK's best known short sellers

Gary Newman, writes about value investing on AIM, speciality is in share tips on oil and mining companies

Nigel Somerville, The Deputy Sheriff of AIM, an expert in forensic analysis a skill used to bust frauds but also to tip true value investments

The team from HotStockRockets, specialising in AIM and small cap shares which will fly on a three month view

Sign Up Now

UK Investor Show 2018

Remember to book your place at the UK Investor Show 2018. The UK’s top investment show taking place on Saturday 21 April 2018 at the Queen Elizabeth II Conference Centre in Westminster, London. The show will feature a unique line-up of top speakers including Nigel Wray, tech queen Vin Murria, Dave Lenigas, Mark Slater, Tom Winnifrith, Adam Reynolds, Ed, Croft, Nick Leslau Luke Johnson and Dr Johnny Hon as well as 135 exhibiting small cap companies.

To reserve your ticket, visit UK Investor Show.

Risk Warning & Disclaimer

The hot share tips given here are of necessity, general. They cannot relate to the individual circumstances of investors. Anyone considering following the share tips contained here should seek independent advice from a Financial Conduct Authority authorised Stockbroker or Financial Adviser. We cannot be held liable if individuals suffer losses through following share tips contained on this site or emailed out as free share tips. The value of investments can go down as well as up. The past is not necessarily a guide to future performance. Investing in shares can lose you part or all of your capital although the potential returns are theoretically unlimited. The difference between the buy share price and the sell share price for smaller company shares (penny shares) can be significant. Profits from dealing in shares may be liable to tax - the level of tax and bases of relief from tax are subject to change. Changes in the rates of exchange may have an adverse effect on the value or price of an investment in sterling terms if it is denominated in a foreign currency. Some of the shares recommended on this site will be smaller company shares. By their nature such investments can be relatively illiquid and thus hard to trade. And that makes such investments more of a high risk than larger company shares (or 'small caps'/'penny shares'). FiveFreeShareTips.com & its sister site ShareProphets.com defines a smaller company share as any stock traded on AIM or NEX or which has a market capitalisation of less than £300 million.