Gold miner Centamin (CEY) has announced its results for the first half of 2024 including emphasising improved earnings and free cash flow and that it is advancing organic growth opportunities within its asset portfolio. We suggest those mean clear further upside from a 119.4p share price.
Locksmiths and fire & security products group Croma Security Solutions (CSSG) has issued a trading statement stating that it expects to report full-year results in line with market expectations as it continues to expand its store presence and benefit from resulting growing economies of scale. What does this suggest in terms of upside from a 75p offer price for the shares?
Science & technology consultancy and systems business Science Group (SAG) has announced its results for the first half of the 2024 calendar year and stated that they provide a good platform for the remainder of the year. That looks to suggest strong further upside potential from a current 417p share price, £190.6 million market capitalisation – already up from our 400p offer price tip.
‘Personal care, beauty and fragrance products’ company Creightons (CRL) has recently announced results for its year ended 31st March 2024 showing a swing to a loss of £3.5 million on revenue 9% lower than in the prior year to £53.2 million. However, we suggest that the results detail suggests strong share price recovery potential from 25p.
Writers here have been critical of this company. It managed to get itself struck off but did not notice for months and, for various reasons, the shares have been suspended more than once. However, shares in Goldstone Resources (GRL) have sparked on a recent update on the Homase Mine, but with a market cap is still below £11 million there looks gold production cashflow potential to suggest that is still possibly very good value.
Beauty products group Brand Architekts (BAR) has issued a trading update including that its full year to end-June sales are expected to be circa £17 million down from a prior year £20.1 million, but that is in line with expectations as it continues to implement a brand rationalisation strategy and that it “retains a healthy net cash position of c. £7m at the year-end”. What about this from a current 29p share price, £8.1 million market cap?
Kefi Gold & Copper (KEFI) has issued a progress update in conjunction with its AGM in Ethiopia as there are also meetings with its financing and government partners for the Tulu Kapi gold project in the country. This “AGM Statement” provides further confidence from a 0.675p share price, not far above £40 million market capitalisation.
Centamin (CEY) has issued “Positive Doropo Gold Project DFS” and “Early Completion of Waste Stripping Programme” announcements today. With the shares currently at 133.4p, how positive is this latest news flow?
Bluebird Merchant Ventures (BMV) has announced that it has signed a $2 million joint venture agreement providing it with a 40% interest and free carry to the Kochang gold & silver project in South Korea being brought back into production and that it means now a similar free carry to production on all three of its projects. So how good is the news from a current 1.45p share price, £10.3 million market capitalisation?
Sensor technology and measurement systems company Transense Technologies (TRT) states that it is pleased to provide a trading update for its financial year ended 30th June 2024 and that it “enters FY25 at a revenue run rate consistent with management expectations for the upcoming year and is well positioned to deliver its ambitious growth plan over the mid to long term”. Further good news for the shares from around 130p then?