Beaufort's note on Meggitt is up on Research Tree, it's available for free: "Meggitt continues to build on its existing ties with the Canadian Armed Forces, given it has received another contract. The target systems to be manufactured include the advanced, unmanned Hammerhead surface system, which can form part of a swarm threat simulation of up to 16 vessels, and Vindicator, an aerial target that can present the appearance of various aircraft profiles to radar, for naval weapons development and personnel training. Recently, Meggitt reported its Q1 2016 trading updates, which were in line with expectations. The company remains on track with regard to cost-cutting plans. Meggitt is likely to benefit from a stronger US dollar and the two composite acquisitions completed towards the end of 2015. The company has undertaken initiatives to improve R&D investments and acquire new platforms, aimed at long-term revenue growth. In addition, the deployment of the Meggitt Production System has resulted in several tangible improvements in many operational and customer satisfaction metrics. Meggitt's high focus..."
Beaufort's note on Shanta Gold is up on Research Tree, it's available for free: "Shanta Gold primarily engages in gold mining, processing and exploration in Tanzania. The open offer has been made after the company issued new ordinary shares to raise US$10.0m earlier this month. The earlier offer received positive response from shareholders, given about US$10.5m was raised. The funding would help Shanta Gold in meeting capital expenditure requirements at the New Luika Gold Mine (NLGM) over the rest of 2016. In addition, the company would be able to execute the Base Case Mine Plan, undertake the underground development of the NLGM and progress with satellite deposit exploration. Moreover, the proceeds from the open offer would strengthen its financial position, enabling further exploration work. Considering the argument mentioned above, we..."
Panmure's note on Gemfields is up on Research Tree: "Gemfields today announced the results of its lower quality auction held in Jaipur last week that confirmed another auction record, in average $/ct values. Overall revenues were in line but the company is noting that, along with the diamond industry, buyers are not willing to pay a premium for goods as to where significant uncertainty remains on the quality of finished goods. We remain..."
"Ahead of final results tomorrow we note that Aveva has scored a new customer. So despite the expected ‘in line’ results with a health warning on the Oil & Gas division, Aveva will be able to call out the success of its new customer engagement model and some sparking technology. No surprise that the customer is ‘Chemicals’ rather than Oil & Gas. We are..." Panmure's note on Aveva is up on Research Tree
Panmure's note on Spirent, it's up on Research Tree: "5G is not on the radar – well, it is and it isn’t. We think 5G commercial volumes kick off in 2020 and maybe Keystone nets some revenue at Keystone c2018 and possibly Spirent in later 2019 onwards (ie outside our forecast window). We are therefore somewhat surprised to see Sprint Inc announce 5G tests during the summer’s US Soccer-ball fest. With 4G grinding on and 5G being still at the definition stage the news reminds us that the march of technology is ever on-ward. As news filters through to the investor community, expect ..."
"5G is not on the radar – well, it is and it isn’t. We think 5G commercial volumes kick off in 2020 and maybe Keystone nets some revenue at Keystone c2018 and possibly Spirent in later 2019 onwards (ie outside our forecast window). We are therefore somewhat surprised to see Sprint Inc announce 5G tests during the summer’s US Soccer-ball fest. With 4G grinding on and 5G being still at the definition stage the news reminds us that the march of technology is ever on-ward. As news filters through to the investor community, expect ..."
Edison's note on WYG is up on Research Tree, it's free to access: "The FY16 update contained a bullish tone based on order book development and we increased estimates for both FY17 and FY18. This impression was reinforced at the company’s recent capital markets event, which explained the rising international opportunities for WYG. We expect momentum here to be a key highlight in the FY16 results announcement, which is scheduled for 7 June..."
"Sunrise Resources continues to be conservatively run with administrative expenses remaining low. During the period the Company signed a lease agreement for its County line Diatomite Project, intersected bonanza silver grades at the Bay State Silver Project and formed a new subsidiary, Westgold, which staked two new gold projects..." Northland Capital published a note about Sunrise this morning, it's up on Research Tree.
Northland Capital published a note on Mariana this morning, it's up on Research Tree: "Mariana Resources and joint venture partner Lidya’s continued drill programme at the ultra-high grade Hot Maden Project has demonstrated that in the south there appears to be a structural offset that requires further investigation to determine if the ultra-high grade gold-copper mineralisation continues to the south. Drilling to the north has demonstrated high-grade zinc mineralisation, with drilling 400m to south defining a different style of gold mineralisation – high-grade narrow veins/stockworks. The partners have also designed a geophysical programme to investigate the potential for a deep (>400m) gold-copper porphyry system located below the anhydrite breccias..."