MILAN (AIMnews.it) - The total exchanged during the week is € 24.0 million; 42 positive titles with an average of + 3.37%. The FTSE AIM Italia scored + 0.13%. The FTSE Italia PIR PMI All posted a performance of -0.24%. The 5 best performances of the week: Blue Financial Communication: 18.47% Softec: 14.84% Expert System: 10.26% Notorious Pictures: 9.24% Portal Sardinia: 8.16% At sector level * the best performance was registered by the Technology sector (+ 2.8%), followed by the Healthcare sector (+ 2.4%) and the Media sector (+ 1.8%). Sectoral Performance Technology: 2.8% (CMG Euro 97.081) Healthcare: 2.4% (CMG Euro 85.705) Average: 1.8% (CMG Euro 31.622) Renewable Energy: 1.4% (CMG Euro 23.340) Services : 0.8% (CMG Euro 35.840) Food: 0.4% (CMG Euro 51.549) Telecommunications: 0.0% (CMG Euro 40.437) Chemistry: -0.4% (CMG Euro 454.613) Finance: -0.4 % (CMG Euro 63.443) Industry: -1.4% (CMG Euro 35.578) Fashion and Luxury: -2.1% (CMG Euro 12.225) * Sectoral classification by the IR TOP Observer (www.pmicapital.it) main News of the week IR TOP CONSULTING PRESS CONFERENCE: "BONUS QUOTAZIONE": THE ACTUAL DECREE ON TAX CREDIT - Potential for AIM ITALIA. The event will be held on April 18 at 15:30 in Milan and will be an opportunity to deepen the ministerial decree implementing art. 1 c. 89 of the Budget Law 2018 which introduced a tax credit on 50% of the consulting costs incurred for the listing on the stock market of SMEs. Speakers Francesco Caio, Councilor for Industrial Policy for the Presidency of the Council of Ministers, Stefano Firpo, Director General for Industrial Policy, Competitiveness and SMEs of the Ministry of Economic Development and Anna Lambiase, CEO of IR Top Consulting, financial advisor for the listing of SMEs on AIM who collaborated with the Government on defining the tax credit rule through the empirical analysis of listing costs. This will be followed by a round table dedicated to the companies listed on AIM Italia during which the Managing Directors will test the advantages of the AIM Italia market for the growth of the following companies: ELETTRA INVESTIMENTI, Fabio Massimo Bombacci, CEO; FINLOGIC, Dino Natale, CEO; FOPE, Diego Nardin, CEO; KOLINPHARMA, Rita Paola Petrelli, CEO; SCM SIM, Antonello Sanna, CEO. Portal Sardegna records 51% of RTJ (luxury tourism) Portal Sardinia was founded in 2001 by a group of young entrepreneurs with the aim of promoting the tourism potential of Sardinia and has become in a few years a consolidated reality of the online tourism market. Portale Sardegna has acquired 51% of Royal Travel Jet Sardinia, active in online tour operating services in Italy, with a focus on luxury tourism, and owner of the Network Charming brands. The new group Portal Sardinia counts a total of about 5 million visitors in the property portal (compared to the current 2 million) and an additional customer database of about 150.000 names, which will lead the company's database to exceed 330.000, on which to encourage cross-selling actions. "The acquisition of Royal Travel Jet allows us to achieve the strategic objectives declared in the IPOs to expand the offer to new product segments, internationalisation and deseasonalisation - said the CEO of Portale Sardegna Massimiliano Cossu - We are confident that the involvement in the capital and governance of the founders of Royal Travel Jet, which will bring new and specialised skills and a long track record of success, will give new momentum to our company. Cogito (Expert System) among the main AI platforms in the world. Expert System is the leader in the field of cognitive computing and text analytics. The new "Now Tech: AI-Based Text Analytics Platforms, Q2 2018" report by Forrester Research puts Cogito among the world's leading artificial intelligence platforms.The report, produced by the independent research company 'American', one of the world's leading companies in the innovation and technology market, aims to help organisations that want to undertake or consolidate text analytics activities, an evaluation of the best functionalities and business advantages offered by the main world vendors specialised in artificial intelligence technologies. Opa on Softec is at 3 euro per share. Softec is the leading digital platform customer experience company that designs and builds measurable solutions that span the entire customer experience, from online to the physical world and vice versa. The transfer of the Fullsix control package will trigger the takeover of Softec shares, of which Fullsix holds 50.43% of the capital. The new majority shareholders of Fullsix will thus propose a public exchange offer on 49.57% of the capital of Softec with consideration on MyAv SpA or cash (€ 3 per share). However, the bidder does not intend to request the withdrawal of the trading on AIM Italia. IR Top: over 300 companies from Emilia with IPO requirements on AIM. On April 10th at Palazzo della Mercanzia in Bologna - the event "ACCOMPANYING SME'S ON AIM - BORSA ITALIANA" organised by IR Top Consulting with the collaboration of the Chamber Consortium for Credit and Finance. The meeting is part of a project that aims to support Italian SME's in the process of growth and financial development. During the Convention IR Top Consulting presented its role as Financial Advisor and the path that companies can take to access the stock market. Anna Lambiase, CEO of IR Top Consulting commented: "76% of the companies listed on AIM Italia have a turnover of less than 50 million euros; an equity list dedicated to SMEs makes it possible to exploit the great potential that the stock market can offer, thanks to PIR's and tax credit. These are the reasons that led us to be present in a region that represents the second largest on AIM Italia for numbers of listed companies (11%) to accompany them in the listing process on AIM. Over 300 companies with the requisites of quotability represent a highly distinctive factor for Emilia Romagna, which proves to be a region where excellence and entrepreneurial innovation play a fundamental role in the SME business. Elettra Investimenti, IR Top Research raises the target price to 13.16 euro. Elettra Investimenti, an industrial holding company operating in Italy in the sector of electricity and heat production according to the Distributed Generation approach (mainly cogeneration and trigeneration plants) and in energy efficiency. IR Top Research updates the TP on Elettra Investimenti in light of the FY 2017 results overall higher than expected. The target price on the stock passes from 11.37 to 13.16 euros per share. Analysts' estimates for 2018 forecast revenues of € 51.3 million, an increase of 9% compared to 2017, an EBITDA margin of 22.3%, up from 21% (€ 11.4 million in terms of absolute) and a group net profit of 4.4 million euros compared to the previous estimate of 4.2 million. For 2020 IR Top Research expects 56.5 million euros of revenues, 12.3 million euros of EBITDA (21.7% EBITDA margin) and 4.8 million euros of Group net profit. The average annual growth in revenues in the period 2017-2020 should therefore be 6.3%. BioDue: for IR Top Research is worth 6.84 per action. BioDue S.p.A., founded in 1986, is one of the largest companies active in the Italian nutraceutical market. IR Top Research started the BioDue coverage with a target price of 6.84 euro per share (price as 4.97 euro as of 11 April 2018), an average of 7.59 euro per share obtained with the DCF method and 6.09 obtained using the multiples method (applying a 28.5% discount to a group of peers made up of international players). According to IR Top Research estimates, BioDue is expected to close 2018 with revenues of 40.7 million euros, EBITDA of 6.8 million (EBITDA margin of 16.6%) and a Group net profit of 3.2 million, for an expected dividend of € 0.10 per share. Spaxs finds a target company in the Interprovincial Bank. Spaxs has found its own target company: the Interprovincial Bank, from 2009 in the SME segment with total assets of around 1 billion euros and a shareholders' equity of 60 million. The spac promoted by Corrado Passera and Andrea Clamer will collect 91.4% of the bank's share capital (valued at 56 million) for a total value of about 51.2 million, 72% cash and 19.4% in new shares issued (of 11 euro), while the last 8.6% may be subsequently conferred. Of the 600 million euros collected, therefore, over 90% will be dedicated to the future expansion of the bank. THE AIM 4AIM SICAF COMPANIES: 0,40% Abitare In: -0,64% Agatos: -2,14% Alfio Bardolla Training Group: -0,17% Alkemy: 1,19% Alp.I: 0,00% Ambromobiliare: 4,70% Assiteca : -0,41% axélero: -1,64% BioDue: 2,01% Bio-on: -0,36% Blue Financial Communication: 18,47% Bomi Italia: 5,10% Caleido Group: -6,79% Capital For Progress 2: -0,51% Casta Diva Group: 1,42% CdR Advance Capital: 0,48% Clabo : -3,94% Cover 50: 2,46% Crescita: -0,51% Culti Milano: -1,10% DBA Group: 0,54% DHH: 0,71% Digital Magics: -2,86% Digital360: -2,45% DigiTouch: 8,10% Ecosuntek: -1,39% Elettra Investimenti: 1,91% Energica Motor Company: -0,94% Energy Lab: 4,06% Enertronica: 1,17% EPS Equita PEP: 0,40% Equita Group: 2,03% Expert System: 10,26% Fervi: 0,03% Finlogic: 0,00% Fintel Energia Group: 0,00% First Capital: -3,77% FOPE: -2,10% Frendy Energy: 3,74% Gambero Rosso: 0,00% Gel: -2,19% Giorgio Fedon & Figli: -4,35% Glenalta: 0,00% GO Internet: 0,00% GPI: 2,79% Gruppo Green Power: 2,54% Health Italia: 0,80% H-FARM: -0,25% IdeaMI: -0,82% Illa: -0,97% Imvest: -2,16% Industrial Stars of Italy 3: 0,00% Iniziative Bresciane: 0,00% Innova Italy 1: -0,99% Innovatec: 6,54% Italia Independent Group: -4,39% Italian Wine Brands: 1,09% Ki Group: 0,00% Kolinpharma: 0,71% Leone Film Group: -4,85% Life Care Capital: -2,20% Lucisano Media Group: -1,36% MailUp: 0,00% Masi Agricola: 0,00% Modelleria Brambilla: -1,32% Mondo TV France: -0,99% Mondo TV Suisse: 0,00% Neodecortech: -2,78% Net Insurance: 0,68% Neurosoft: -0,88% Notorious Pictures: 9,24% Orsero: 0,67% Pharmanutra: 2,70% Piteco: -1,21% PLT Energia: 1,42% Poligrafici Printing: 4,46% Portale Sardegna: 8,16% Prismi: 3,15% Rosetti Marino: 0,00% S.M.R.E.: -0,65% Safe Bag: -1,40% SCM SIM: -3,92% Sit: -5,33% SITI B&T Group: 2,63% Softec: 14,84% Spactiv: -0,60% Spaxs: 0,75% Sprintitaly: 0,21% Telesia: 0,87% TPS: 5,43% Triboo: 0,00% Vei 1: -0,26% Vetrya: 0,75% Visibilia Editore: -4,43% WIIT: 2,00% WM Capital: -0,53% Zephyro: -1,07%