Roundtable Discussion; The Future of Mineral Sands. 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.
· Loss before taxation of £4.6 million (Restated 2021: £2.7 million). For 2022 and the adjusted 2021 comparative numbers, R&D tax credits are included in Tax and are no longer included in Other Operating Income as in previous years
· Loss before taxation using the 2021 presentation was £3.8m (2021: £2.4 million)
· Total loss for the year £3.4m, after £1.1m of tax credit.
lol he didnt bother to mention the massive losses or drop in the share price in that presentation then.
theyve destroyed the share price and made a 4mill loss. disaster for LTHS
CEO putting £250k of his own money in.
Perhaps all is not lost!
yeah theyve said they need to do a raise, its game over here. im surprised they havent botherd to stabilise the share price, instead theyve let it rot and now made a huge loss.
31 Dec 2022 - £2.1m cash and cash equivalents at year end.
"Following payment of fees relating to the potentially transformational transaction which did not progress because the vendor made other choices and 1st anniversary earn out payment for Threat Status Limited, cash at 31 March 2023 was £0.5 million. The Company anticipates that it will need to raise additional capital later this year as it continues to progress towards cash break-even and further announcements in connection with this will be made in due course."
Burning £1.5m in 3 months and going to run out of cash very soon with 70 employees!
Raised £3.6M last year, choices are make staff redundant or grow the business by selling it or issue and sell a lot more shares.
awful whats happened here
£8m now
the board should be ashamed
£10M @ 10.5p
total feck up
under £11m now at 11.5p
Crossword Cybersecurity PLC is overvalued. This is due to their attempts to gain a higher valuation and market cap by considering themselves as a software rather than a service, which is incorrect.
Their revenue figures for 2021 show an increase but that was largely fuelled by acquisition, and their 2022 figures are expected to see another leap in revenue, also from acquisition. However, their services appear to have holes. They claim to have 750 clients, which equates to an average worth of only £4,000 per client. This raises questions about the nature and value of their services and suggests that they may have poor client retention. Neither of which lead to a success in this space.
Selling or even shorting the stock may be a wise decision, as their current valuation seems inflated and is only being propped up by the market makers. Price should be closer to 6 not 15
"Proactive events
IN PERSON EVENT - Proactive One2One Investor Forum
28 February 2023 | London
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair"
"Hearing the inside story and understanding the team behind the performance is crucial to making informed decisions. Join us at our next Proactive event to see leading growth companies make their pitch"
"Leading companies pitching
Getech Group PLC ...
Newmark Security PLC ...
Crossword Cybersecurity PLC
Crossword Cybersecurity PLC focuses on the development and commercialisation of university research-based cyber security and risk management related software and cyber security consulting. The group's specialist cyber security product ..."
https://www.proactiveinvestors.co.uk/register/event_details/419#
Toadhall1, thats the issue absolutely 2% margin is a complete waste of time for everyone invested.
The employees get a wage but no-one else will benefit.
Software if its get mainstream is nearly 100% margin.
Just had a look at this. Yes problem is not just admin / sales and marketing , which you could justify for a growing business, the bigger issue is the GP% which was 2% for the last half. So the key question is - if the business adds 60% revenue growth over 2023, what will happen to the GP? - how much of that will feed through to GP?
the problem here is the costs, the admin costs are way too high. They do not seem to run the company with lean costs.
Revenue is low but growing, when will this be profitable?
Revenue is vanity, profit is sanity.
BCS has 60,000 members, will any revenue be generated is the question?
Freemium is a business model in which a company offers basic or limited features to users at no cost and then charges a premium for supplemental or advanced features.
Well thats why its only £17 mln mcap :)) and not 100. Though mcap doesnt always have to go inline with earnings and most of the time it doesnt. I do believe current mcap represents fair valuation and better RR too. Gla
why should this be £100m with REVENUES of only £3.7m?
16 January 2023 - London, UK - Crossword Cybersecurity Plc (AIM:CCS, "Crossword", the "Company" or the "Group"), the cybersecurity solutions company focused on cyber strategy and risk, is pleased to confirm that it expects to report total revenue of £3.7m, including £56k of grant income, (unaudited) for the year ended 31 December 2022, an increase of 59% from the previous year. Furthermore, the Company is projecting the revenue growth rate for 2023 to be circa 60%, to achieve total revenue of circa £6m in 2023.
https://www.arabianbusiness.com/gcc/uae/uae-warns-of-new-year-2023-cyber-attack
CrosswordCyber
@crosswordcyber
·
2h
Group Managing Director,
@StuJubb
was delighted to join #cybersecurity professionals in Trinidad last week for the launch of #CyberEye - a group which aims to help companies protect themselves from cyberattacks. Read more:
https://newsday.co.tt/2022/12/08/cybereye-launched-to-help-protect-companies-data/