New stock market listings are grabbing investors’ attention but you should not overlook this proven value creator
Positive Proactis
Next week’s (16 Dec) annual general meeting update should underscore Proactis’ (PHD:AIM) impressive execution. Recurring revenues represent 68% of group sales and a renewal rate of 100% for its electronic procurement platform should help operational gearing to kick in and drag operating margins up from the 18% level seen in the second half of last year. (SFr)
Keller kicks on
Heavy construction specialist Keller (KLR) posts its pre-close statement next Thursday (19 Dec). Investors can expect updates on the group’s ongoing self-help programme as well as the recent contract awards which should fuel further growth as the cycle turns higher. Consensus full-year pre-tax income forecasts of £71.9 million could be exceeded. (SFl)
Brady bunch
Energy and commodities risk and trading software supplier Brady (BRY:AIM) is likely to unveil new contracts within the next couple of weeks as its busiest quarter of the year draws to a close. It unveiled three deal wins this time last year. A repeat could spark forecast upgrades ahead of a mid-January trading update. (SFr)
API packs a punch
Specialist packaging play API Group (API:AIM) should be in line for a strong second half - with broker Numis Securities looking for pre-tax profit of £4.6 million against the £2.9 million posted in the six months to the end of September. (TS)
Analysts eye EMED permit
Spain-based EMED Mining (EMED:AIM) is on the rise as analysts speculate it may finally get permission to reopen the Rio deposit after years of waiting. Hopes have been dashed on many occasions but government willingness to reopen a mine in nearby Andalusia is encouraging. (DC)
Proteome to post profit
Contract researcher Proteome Sciences (PRM:AIM) is forecast by analysts to make a £860,000 taxable profit in 2014 after three consecutive losses. Its return to the black will result from rising demand for its services and a catch-up in contracts delayed from this year to next. (MD)