Initiation Report archive

Primary Health Properties - Healthy REITing


Primary Health Properties (LON:PHP) is a real estate investment trust (REIT) that holds a portfolio of 484 primary health facilities in the UK (94% of the portfolio) and Ireland (6%). The business model is to manage the properties for rental income and to grow the portfolio over time. The asset base has some attractive characteristics for...

Published: 11:30, 11 Jun 2019

Oriole Resources: Morphing into an African Explorer


New image and impetus from an overhauled management team Company is refocused on African projects Earning in on projects in Cameroon - a relatively new frontier Potential revenue streams from legacy Turkish project portfolio A major as a joint venture (JV) partner in Senegal...

Published: 11:44, 17 Apr 2019

Location Sciences - first mover in a huge market


Location Sciences Group PLC (LON:LSAI) is a high growth technology company and global leader in location verification. Location Sciences was born in September 2017 from the ashes of Proxama PLC. The transformation was formalised with the name change to Location Sciences Group PLC in 2018. During the last 12 months, Location Sciences has...

Published: 09:42, 10 Apr 2019

Ceylon Graphite: Back to Graphite's Original Source


Ceylon Graphite Corp, is listed on the TSX Venture Exchange. The company is an explorer for graphite and engaged in the development of graphite mines in Sri Lanka. The company holds exploration rights over a land package of around 121km². These rights cover areas of historic graphite production from the early twentieth century and represent a...

Published: 10:27, 19 Feb 2019

Gfinity - Game on


Gfinity (LON:GFIN) is a world leader in the fast-growing market for esports. The company provides full end to end esports solutions, including bespoke content, tournament and event solutions for commercial partners via its proprietary online platform and live broadcasting studio, plus it is building its owned Elite Series brand and hosting its...

Published: 10:35, 06 Feb 2019

MTI Wireless Edge - Examining the enlarged company


MTI Wireless Edge (LON:MWE) is a technology group focussed on communication and radio frequency solutions. The applications addressed include civil and military communications, wireless irrigation controls, and speciality consulting services in the antennas and electronics space.

Published: 09:39, 11 Oct 2018

InnovaDerma PLC - Quality is more than skin deep


InnovaDerma (LON:IDP) specialises in the development, manufacture and marketing of clinically proven products in life sciences, beauty, and personal care. The company operates a portfolio of strong innovative brands, reaching customers in the UK and Australia, and increasingly in North America, Asia, and EU.

Published: 16:13, 20 Sep 2018

H&T Group Plc - Defensive / Growth investment


H&T Group PLC (LON:HAT) is the UK market leader in pawnbroking, with a chain of 182 high street stores across the county, offering consumers secured credit against items such as gold, watches, and jewellery. In addition to the core pawnbroking activity and related jewellery and watch retailing, H&T Group offers a range of other financial services, detailed in...

Published: 14:10, 04 Jul 2018

Custodian Reit Plc - Strong returns, strong foundations


Custodian Reit (LON:CREI) ) has performed strongly in recent years, delivering a total shareholder return of 10% a year over the last three years, and with lower volatility than the REIT sector or the stock market. In this report, we look at the fundamentals that drive this performance.

Published: 15:27, 29 May 2018

e-Therapeutics - Capital Network: Undervalued Stock with a Unique Approach to Drug Discovery


e-Therapeutics (LON:ETX) focuses on the discovery of  new drugs in a more efficient and effective way and aims to be a valued partner to address the productivity challenge that the pharma industry faces. e-Therapeutics (LON:ETX) has developed a novel and unique in-silico approach to drug discovery: starting from the analysis of complex interactions between...

Published: 11:14, 25 Oct 2017

LEKOIL - Capital Network: Flash Report


Lekoil is an AIM-listed indigenous Nigerian oil producer with assets in the onshore and offshore Niger Delta as well as a non-core position in Namibia. Production from its Otakikpo marginal field has now started at a rate of 5,000bbl/d and management is guiding for an exit rate of 10,000bopd for this year. The share price has risen +70% in the past 12 months in...

Published: 15:51, 22 Feb 2017

Volga Gas


Volga Gas is an independent oil and gas exploration and production company focused on the Volga Region of western Russia and with a 100% interests in four licenses to explore for and produce oil, gas and condensate in the Volgograd and Saratov Regions. The share price has steadily recovered from a low of c.30p reached in Jan 2016 to the current c.55p, following an...

Published: 10:03, 08 Feb 2017

Rose Petroleum PLC


Rose Petroleum plc (“Rose”) is an AIM-listed company active in both Mining and Oil & Gas. We believe that the Company’s exploration assets in the Paradox Basin (USA) provide a number of relatively short-term de-risking catalysts for potential share price appreciation as well as a potential medium-term monetisation option for shareholders.

Published: 11:36, 07 Feb 2017

Xrbia Developers Pvt Ltd


It builds affordable housing projects on the transport networks connecting India’s major cities.  Xrbia uses ground breaking technology to deliver efficiencies across construction, operations and maintenance.

Published: 11:16, 03 Feb 2017

Avation PLC


Avation is an aircraft lease company. The model is easy to understand, and has been very effective in recent years: Purchase new aircraft, which offer a lease yield of 13%, with asset depreciation of about 5% per year. Apply 75% debt financing, at an interest rate of around 5%. Total other cash costs net off to around 1%.

Published: 11:12, 03 Feb 2017

Mytrah Energy Ltd


Mytrah Energy is an alternative energy company, building and operating a portfolio of wind farms in locations across India, with agreements in place to expand into solar, also in India.

Published: 11:21, 18 Jan 2017

Learning Technologies Group plc


Learning Technologies Group plc (LON:LTG) is an LSE AIM-listed UK based holding company that provides e-learning services with offices in the UK, the US and Brazil and over 200 employees.

Published: 10:08, 07 Dec 2016

Concepta PLC


Concepta is a small UK-based company that focuses on the development and commercialization of its medical diagnostic device MyLotus. The device, a consumer good, has been developed to improve the probability of conception for women with unexplained infertility (not pregnant after 12+ months trying).

Published: 08:35, 26 Oct 2016