Not for me thanks but for those of you who like out and out tech shares, this one might be just up your street.........................

Shrewd Tip: get set for Amino Technologies
Published: 14:15 Tue 31 Aug 2004

By Patrick Sherwen, Deputy & Secret Buying Editor

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Recently-floated Amino Technologies operates in the infant market of broadband TV services but the attention of three top-rated investors backs up its managements confident outlook.

Amino (AMO) floated on AIM on 9 June this year at 120p after seven years in business. It has risen to 182.5p since and on 27 July reported a maiden taxable interim profit of 510,000, up from a loss of 1.6 million last time, on turnover of 7.4 million up from 146,000.


Aminos most important product is a small, slimline set-top box (STB) that allows services such as on-demand and interactive TV, to be supplied down a broadband phone line. This is known as IPTV. The company hopes to sell it directly to private customers and for commercial use, such as in the hotel industry. The infrastructure in the UK is not yet able to support IPTV to any great extent so Amino conducts 63% of its business in the US, Asia and Africa and much of the rest in Europe. It has just signed a key contract to supply 20,000 STBs to the Utah state TV network. Management says it is in a leading position to exploit growth in the UK when the market finds its feet.


Several shrewd investors have backed this company but AAA-rated fund manager Giles Hargreave was buying shares right up into this week. He started in June and now his top-performing Marlborough Special Situations fund controls 300,000 shares or 0.59% of the 87.5 million company.


New Stars equally highly rated Patrick Evershed holds 1.7 million shares for his Select Opportunities fund. He last bought in late July. Thirdly Framlingtons highly respected Brian Watson holds 281,000 shares in the Innovative Growth investment trust.


Based on earnings per share of 2.4p in its latest interims Amino is valued at 76 times earnings. This is pretty high but looks fair if the company can fulfil its promise. Speculative investors may want to take a punt as the company appears to be on the right road. Others should wait and see.ENDS.

cheers GF.

sp down 7% after uninspiring RNS however dividend increased 15% and anticipated year end balance sheet cash of £19m with market cap of £51m means they have become vulnerable to a bid, unless of course they are planning to expand through acquisition.

RNS Miton Group formerly MAM increase shareholding from 12.86% to 14.86%.

Amino Technologies yesterday announced unaudited consolidated results for the 6 month period ended 31 May 2015 and made mention of a conditional offer of the entire share capital of Entone Inc.

The acquisition is expected to be significantly earnings enhancing in first full year of ownership.

Read more at http://www.investorschampion.com/blog/

StockMarketWire.com
FEB 2017
Amino Technologies' revenues rose by 80% to £75.2m in the year to the end of November with adjusted earnings before interest, tax, depreciation and amortisation also up 80% at £13.5m.

Gross profits rose by 74% to £32.3m but margins fell to 42.9% from 44.8%.

Adjusted pre-tax profits were uo 96% at £10.2m and the dividend of 6.05p per share is up 10%.

On a statutory basis, EBITDA rose 77% to £8.3m and pre-tax profits of £2.9m were up from £0.3m last time.

Non-executive chairman Keith Todd said: "This has been a very good year for Amino.

"As a result of our increased focus on sales execution, a broader product portfolio and the rapid integration of the two businesses acquired in 2015, all financial metrics are ahead of the expectations set at the beginning of the year.

"We now look forward to continuing the positive momentum generated in 2016 and to continue building the Group for further long-term sustainable profitable growth."

finnCap today reaffirms its corporate investment rating on Amino Technologies PLC (LON:AMO) and raised its price target to 220p (from 200p).

N+1 Singer today reaffirms its buy investment rating on Amino Technologies PLC (LON:AMO) and raised its price target to 215p (from 191p)

A near 30% fall in this stock this morning. Buying opportunity ?!

StockMarketWire.com
Amino Technologies warned Monday full-year profits would fall short of expectations owing to 'external macroeconomic headwinds,' and delayed customer orders.

Amino said it expected adjusted profit before tax for 2018 would come in at about $11.5m, citing an intensification of 'external macroeconomic headwinds.'

This had resulted in lower than anticipated orders and higher than expected component price increases in the second half of the year, the company said. The increase in component prices were expected to continue in the near future.

The delay in customer decisions on orders in the second half was attributed to the instability in the economies of certain emerging markets in which the company operated, planned trade tariffs in the US, and the diversity and depth of change in the industry, Amino said.

Amino vowed, however, to maintain its current commitment to increase its dividend by no less than 10% for the full year. The board also intended to maintain the full-year 2018 dividend level in absolute terms for a further two years at least, Amino added.

'The Board remains confident in the strength and strategic direction of the Company and has committed to continue its dividend policy for this financial year and maintain this dividend level for at least two years thereafter. The diversity and depth of change in our industry this year has created difficult trading conditions in the short term, however the Company remains well positioned to take advantage of the all IP future, and remains profitable and cash generative,' said Keith Todd CBE, Non-Executive Chairman.