Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yes
Hi Guys, I've only just really came across this but i have had a look into it and all seems good - Is the reason for the sudden dip in price due to them stating "revenue growth in the year to date has been slower than anticipated"?
Even if the cash is more like £7m the question is would you buy this company for around £2-3m ?
CASH=15410
2018 OP COSTS (16,620/12)*5=6925
2018 REV (4,609/12)*5=1920
15410-6925+1920
= 8,229.32 GBP
However, they stated they already cut operating costs, so I would say around 9m seems reasonable.
Do you not think the cash position here is more like £7m?
I have had a few more... seems rude not to :)
Absolutely, took a few earlier.
Rude not to at cash=mcap in this market ...
Miles off basic value...would buy more if i could just now.
People tucking this one away
Nice ones at close...mcap totally out of sync with share price. Going up.
of opportunity that can close quickly.
Ha, well at least someone is profiting :)
been a good morning - got in at 40 something % down :)
I think the bit everyone has missed is that several of the enterprise clients have expanded and more are expected to expand.
OS mentioned in an interview that just one of these clients can end up with $5-$10m of revenue individually, if they crack that just once this will go ballistic.
Patience required
Yep, looks like the bounce has started.
It isnt bad..may well still double revenues but not more than double ! A significant improvement on last year !
overreaction on AIM where patience is in short supply. Must be galling for subscribers at 37p. I've bought today and fairly confident it will retrace toward 20p later in the year.
Look what they did to harley davison nyc
Looks like was a good decision to get in
If we're going by last years cash burn cash should be around £9m by now.
They have stated that they expect to miss the target of doubling revenue but have also stated that this is hard to predict
They are doing proof of concept with 12 new enterprise clients
And they've already cut overheads to conserve cash
It is still a gamble as they will likely have to place at the end of the year, but if the aggressive sales drives feeds through next year this will take off, I don't think a lot of investors on AIM have that kind of patience and sentiment is against it
I would expect them to be doing at least £5m rev this year, compared to a mkt cap of £9m for a company of this nature that is insane
Can't help but feel this is a typical over-reaction so I've just bought in, did the same with earthport traction but loss making, cost of sales, usual development issues. With the price this low expect it to refind 25p or be food and drink for someone who wants all this development work for free (or a very slight premium - see cash on balance sheet) anyway risk reward favours the brave. Good luck holders, I know it can be gutting to see a price fall this much because the company was honest enough to say what holders knew anyway!!
Looked at the fundamentals compared to BIDS.... half the shares / 4.6m revenue compared to 0.32m
15m in the bank / vs 2m
typical AIM lol
?
Bought in