Initiation Report archive

European Wealth Group – Capital Network: Planning for Growth


European Wealth Group (EWGL), the integrated financial planning and wealth management group, is due to release full year financial results for the 12 months to December 2016 in late March or early April 2017. Ahead of those results we have reviewed the Group’s recent progress and looked at what can reasonably be expected for business development and growth over the...

Published: 15:36, 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

Green Dragon Gas Initiation Report


Over the past 18 years, Green Dragon Gas (GDG) has secured and largely derisked a substantial coalbed methane (CBM) asset base of 549BCF (2P) with additional upside of 2,379BCF (3P), developing the technology and know-how to adapt traditional CBM exploitation methods to the particular characteristics of Chinese CBM.

Published: 15:11, 30 Jan 2017

Symphony Environmental Technologies plc


Symphony has developed and is selling a range of additives that help control the life of plastic.  With global plastics consumption continuing to grow, a company that aims to make plastics smarter should have a strong role to play. Symphony has developed and is selling a range of additives that help control the life of plastic with huge environmental...

Published: 11:55, 25 Jan 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

AdEPT Telecom Plc


AdEPT stands out amongst its peer group for delivering consistent strong growth in profits (we focus on EBITDA, but it’s just as true for Operating Profit or EPS).

Published: 09:23, 09 Jan 2017

Empresaria Group Plc


Empresaria looks strikingly inexpensive on a 2016e PE of 9x (Capital Network forecast) for a stock which keeps delivering strong double-digit EPS growth (2015: 24%, 2014: 29%, 2013: 24%, 2012: 25%).

Published: 09:19, 09 Jan 2017

IronRidge Resources Limited


IronRidge Resources Limited is an AIM listed (since February 2015) greenfield exploration company which was founded by an Australian listed company, DGR Global Limited who remain a key strategic shareholder. The company’s exploration assets are primarily focused on Africa including gold exploration in Chad, lithium in Ghana, gold and lithium in the Ivory Coast, iron ore...

Published: 11:35, 06 Jan 2017

Hayward Tyler Group PLC


Hayward Tyler (HT) Group PLC has existed for 200 years designing, manufacturing and servicing performance-critical motors and pumps for the global energy industry. Operations span across a broad spectrum of end markets including power, oil and gas, nuclear, marine and renewables. Although headquartered in the UK, 80% of sales are exported, the US being its biggest single...

Published: 10:14, 07 Dec 2016

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

Tavistock Investments Plc


Tavistock Investments (Ticker: TAVI) is an AIM market listed financial services group, the principal activities of which are investment management of financial assets and a financial advisory network of Independent financial advisers (IFAs).

Published: 10:15, 24 Oct 2016