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Someone's building a nice little holding here.
maybe I won't get my re-entry after all
Jolly.
Thanks. A lot of this justifies some pretty poor businesses without a market to show they can breakeven.
I have been surprised on the share price As we have the best of both worlds 1. Profitability showing the business is self sustaining now without discounted rights issues 2. Still really good levels of growth 3. Appears strong traction and renewals rate from customers 4. A balance sheet where they now appear to have excess cash.
Cyber still in the headlines, but cns never appears as one of the leading AIM stocks in any write ups despite 1-4 above.
is weird
"By the end of 2019, the median figure had appreciated to around the 9x mark. And today it has shot to just under 18x."
https://techcrunch.com/2021/09/17/the-value-of-software-revenue-may-have-finally-stopped-rising/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJCaKquFb-D2Sa27Kas6JvzXqyiqT2zKrUWCOhGuJQu87t-h-y3pQn3cNQyhZ1083Q_A3KBG1ocrn31AkqM3-BYHOwEGvMutX7kvNC5kUNE88uFVWW94qZpcoUMkGl6Q1Srh9D0ghCNzuH_CXlLxfKWogZ06nnWeQ3wsfTK__yNA
Jolly.
With arr increasing (including the annual value of the orders in q4) revenue is guaranteed to increase in 22, the variables being amount and timing of new orders in 22 and the renewal rate.
The juniper relationship really has delivered, massive kudos for the team getting this through 2/3 years ago.
As with a lot of AIM companies I think this may increase in news / updates and then slip back. Haven't a clue what the news would be to move cns to a 15-20p trading range in the short / medium term - I thought we already have this in spades.
really under radar indeed
without revenue growth accelerating (and plenty of chunky newsflow) won't the sp drift?
tp c10p to flip back
Great numbers across the kpis in p&l, bs.
I think the general tech sell off is impacting cns, if you said you would have these numbers a year ago we would be 15-20p.
Really under the radar still
Jolly. As always time will tell, seems to have a good background. Last rns did underline good control and focus of opex.
Key piece of information here is that the apppointment is in the US, clear focus on such a massive market especially with the juniper partnership.
Looking forward to the full year update, although cns doesn’t like to split its business out between renewals and net new hopefully they will provide an arr number.
CRO?
sold 20k @12.7p
hold over 100k
bit frustrated
Perky, would hope so.
Really haven’t a clue how the market values cns, recent news now discounted and we are back to 11/12p.
So much dross on AIM, Cns appears well run and heading in the right direction for a year or two now but not really recognised.
Yes with a positive EBITDA expected in an update this month, I think we should be able to get past the recent high in the mid teens...
It's strange, every time I see an article on cyber stocks to buy I have never seen CNS being mentioned. Never seen it on the year end stocks to watch or recommendations.
It's now at the stage of being a relatively "mature" stock in the sector well out of the risky years with good growth, good repetitive revenue with strong renewal rates.
Still surprised juniper hasn't added to its holding.
this share hasn't been discovered yet by the masses. Online security is a big business, this company has a bright future.
Not really into the city rules and regs. Anyone know why this isn't a pre open rns rather than midday?
Seems to have been well received by the market anyway. Interesting to see the absolute level of profit, cash should also be very good as well with the early close if the business in the prior rns.
"significantly better than expected" profitability
the future's sure bright too
tp 25p+++++++
A welcome rns before the end of the year showing cns is still delivering, but
1. With orders late in the year on an aas basis that won't be hitting revenue it's orders that are the key kpi, split renewals and new to determine arr.
2. I don't get the statement on profitability being impacted by further orders but not revenue. If it is a the mix of perpetual vs aas this impacts revenue and profit ?
Won't pretend the daily market movements here on relatively small volumes but nice to see a rise after the below 10p levels for such a long time.
Cns is in far better shape now than when it was at the 15p levels.
chunky buys
tp 20p++ (wd still be cheap rel to peers on rev multiples, probably...dyor)
#santarally
yes, perhaps that's enough to change the mojo
tp 15++
Nice end this morning.
All seem to be additive rather than renewals, as always impossible to understand the arr on these orders.
Nice to see an early close to orders rather than later december.
Despite cyber being "hot", cns seemed to have slipped from view for some reason. A good analyst write up would help.
Decent half year numbers, positive forward view and a professional investor meet.
Would be nice to have a few orders RNSs to break the monotony between half years reporting.
At some point it will rise again and in another existence there will be a takeover offer for it.....
something like that (boredom, hunting for stops)...
the pattern (sell off between news) is well established here