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The best shares to buy and own are the unloved ones. Shares that have little liquidity and minimal coverage.
If you do your research and you know:-
- Revenue's are growing quickly
- Revenue ARR is growing significantly
- By end May they have signed 16 new clients in 2021 against 22 across 2020
- They are re-signing clients on longer term arrangements
I could go on, but this is a share to buy and add on any weakness.
50p this time next year imo.
bit shocked at the level of interest here post results. think the amount deals in the last couple days could not have been more than 100. surely it hasn't fallen this far of the radar.
another one for the bottom drawer for the time being.
I think this may be a longer term hold than some were expecting/hoping, but I still like the story.
Business is growing, and from the new contract figures at a faster rate than previous FY, although this should certainly be expected with the increased sales and marketing expenditure, so we can view that plan as working, albeit without knowing the size of respective contracts.
A larger loss than 2019, with the RTO expenses and Share based payment expense, will be interesting to see how close breakeven is in 2021 FY results. I hold another AIM saas company which also struggled with the SP until it had a large rerating on EBITDA positive results, so in line with previous experience I believe patience in a good growth story with a scalable business model can win out with well run AIM companies.
11th Feb - the TU released the SP was 24.5p.
21st June - FY results released (same info as 11th Feb) with post year 5 months showing huge growth in ARR and clients - SP - 18.5p
WT ??????
With the right time, right place, this stock should be much higher. Overall sentiment in the market is a little off for all stocks.
Reiterating what I said, to almost achieve ARR growth of 100% May 2020 to May 2021 is brilliant.
The fundamental business is growing and they appear to be market leaders in this small niche.
Today, initial reading is yikes - increased losses. However, as they go on to state, larger losses in comparison to 2019 were primarily due to IPO expenses. If anything, they could have stated the Share based payment expense and Reverse acquisition expense explicitly (with bracket and figures) rather than requiring lazy PIs to go to the CR statements and pull these figures out in the written paragraphs).
Also, what has repeatedly frustrated the SP is the continuous selling by RTO sellers regardless of the positive news, business updates or underlying business performance.
Bots - so how are you pricing this then?
Revenues are growing at almost 100% and it's in a hot space. IMHO very difficult to put a definitive value on it. Could easily be 10 times current revenues which would take us over £30m valuation - currently £23m, so 30% upside.
Then there are non core assets - what value are you assigning to that?
It appears you recently sold out after posting quite a bit in early June so suspect you are trying to justify your sell or just want to get back in cheaper - both of which you should achieve!!
agree Scooby - we already knew the 2020 results so the big info was the 93% YoY ARR increase and also the 18 new contracts (22 for whole of 2020). So good progress is being made, although the impact on financials is unknown. I'm hoping 2021 will be a small maiden profit for BRSD.
WeShop could be a nice surprise at some point too - almost impossible to value ATM.
Personally i think this should be trading c25p but WTFDIK
Well I’ve reached the conclusion that all of this is in the SP already. When I was invested I felt the shares were expensive. Still very much on my watchlist.
FY 20 financials same as TU Feb '21 except FY loss.
Loss for 2020 excluding Share based payment expense and Reverse acqusition expense is $1.7 mn. Therefore, only c$0.3 mn higher loss than 2019 FY with signficantly increased business activity.
What really matters is the new information in the new FY 2021-22-
Almost doubled ARR since May 2020 (93%). That's brilliant.
New clients in Jan - May 2021, 81% of 2020 client acquisitions. Of course, we do not know the size of these clients and each client contract (we do not have this info for 2019 either). Still with 7 months in the FY, this is a very aggressive sales and marketing drive.
RTO assets valued extremely conservatively (WeShop + mining resources).
Overall, for a company to increase their ARR by nearly 100% from May 2020 to May 2021 - what more can you ask?
Results are good, but this share has gone so far off the radar. The share dealings are at a standstill. would have expected a bit more action here this morning.
Have been following this stock for a while now.
Tend not to buy after ipo and wait to see how the land lies. I was a poster here a couple of times but there was a stupid teenage ramper, I think has left the board and gone back to tictoc.
Settled down now and progress on the business front appears to have continued, but without major contract wins, with arr increasing.
Keeping an eye on the day to day trading to take a position on weakness.