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Started: theyknowitall, 6 Jun 2023 06:22
Last post: skid35, 7 Jun 2023 22:33
Admission document page 25.
A little uncertain on the volume of deals and how these are spread by value, they will be picking these up on a monthly basis but not material enough for an rns, more likely an update on a quarterly value of orders and arr impact. As usual in tech back-end year focus.
Good that they have a channel focus with some good partners who do the hard lifting and provide geographic coverage.
Great to see this on the leader board for a few consecutive days, bottom drawer for me for sometime.
Is there an expected timeline for the new contracts?
Couldn't agree more. Will be very interesting when the first new contracts land. Time to sit back and accumulate for long term upside if not done so already DYOR
MACD technical breakout confirmed
Zak has a 12/13p target short term
Post RTO like for like SP is 14p as they have £1m cash now
Own 100% acuity now
Acuity owners hold 37% of the share register & deal done at 6.75p so buying at this price is same price region
Growth market sector
Great info and interviews from stockbox & Sunday roast can be found for research
5 investors have 54% of the share register
No warrants or CLN’s
Award wining software - 96% contract renewal says it all
Growing sales pipeline and new partnerships
I am very happy with my 5% holding in here and expect a very busy 2/3 years with massive growth
Started: SuePud1, 6 Jun 2023 16:32
Last post: THE_CHAIN, 7 Jun 2023 19:49
The way this moved today we could see 12.5p sooner.
Drumz: This stock is performing well, having broken the resistance line from October. If it can close above the now rising 200-day line at 7.9 Pence, it could move towards 12 and a half Pence by the end of next month.
https://www.share-talk.com/traders-cafe-with-zak-mir-bulletin-board-heroes-tuesday-6th-june-2023/
Last post: Pashman, 7 Jun 2023 14:03
Looks like broke 200 day moving average, charts looking very strong gal
Started: theyknowitall, 7 Jun 2023 09:24
Last post: theyknowitall, 7 Jun 2023 09:24
Tomorrow
All to look forward to now
Last post: Mojolse, 5 Jun 2023 22:03
So glad your about , you can steer me on my 100k investment here lol
Jesus, reminds me of those who think penny shares are some sort of bargain because they don't cost a lot individually.
The proportion not in tight hands , Yes but also the amount as this creates FOMO in the market and MMs will act on that small percentage of shares.
You will get there eventually !
Now , are you holding ?
Started: Mojolse, 20 May 2023 15:15
Last post: davey50, 5 Jun 2023 20:41
I used to have these sub 0.6p, is this now a 10 bagger+ or has it had a consolidation ?
And zero, absolutely zero, to do with the available VOLUME of shares.
All to do with the VALUE of those shares, the proportion not in tight hands and with that market movement based on buyers / sellers.
Skid35 , this is market mechanics at work. Watch & learn.
You simply dont understand and Im sure your account balance proves.
Ive seen your spats with others.
You simply have NO FILTER.
Yeah, I must have missed that tiktok teenage influencer investment advice which said the number of shares in issue determines investment success.
Started: THE_CHAIN, 5 Jun 2023 17:46
Last post: theyknowitall, 5 Jun 2023 17:53
Go to @TKIA_1 twitter, I have messaged it out over the weekend
Anyone got a link to the Telegram please?
Started: theyknowitall, 4 Jun 2023 15:22
Last post: theyknowitall, 5 Jun 2023 10:11
NT all morning
Great listen below
https://www.youtube.com/watch?v=LP3WOwHfYHs
6.75p
Last chance to buy shares cheaper than the founders of acuity did the deal at
Pre RTO 25% acuity owned by drum
Post RTO 100% acuity owned by drum
Like for like SP is 14p
No Warrants, No CLN’s
£1m cash
5 investors own 54% of the share register & another 15% held by a handful of investors
Only 121 shares
This is a monster and is primed
Don’t take my word do your research
Name change and new website only days away
Free shares at this level imo
Started: theyknowitall, 1 Jun 2023 07:40
Last post: ShareInvestment, 1 Jun 2023 08:32
Agreed, tight register and small float. I have also a large 2.5-3% position which I have built up from the last placing, most of which I will keep medium/long term as the upside potential is significant. I will always take a little profit off the table on the way upwards, but overall it's now time to accumulate as the journey is just beginning and sit back and wait patiently for new contracts to be announced over the next weeks and months. Remember that Angus Forrest in one of his recent interviews mention that their 2-3 year objective is to reach a £10mio pa revenue which on a minimum x6 factor would derive a £60mio valuation ie around 50p. Clearly they need to deliver but the strategy is simple, clear and achievable. DYOR
Share register just gets tighter and tighter
Very undervalued company’ now the RTO has been completed
54% of the share register held by 5 investors
Started: ShareInvestment, 30 May 2023 15:20
Last post: Pashman, 31 May 2023 09:00
Got a few myself like the low m/cap and few free float shares along with contract news I can see this moving up and a tightened spread today gla
Thats a big lump of the 4.5p placing flippers out today
Fair value on current revenue is about 15p imo
Looks free sub 10p, not advice just my view
I think people are slowly waking up, covered by Zak targets 7p and 12p and very interesting interview again on the Sunday Roast with Angus Forrest confirming that they had to raise at an extremely discounted price and that the share price has significant upside, as we already know. Hold or accumulate and wait patiently is my take on #DRUM
https://twitter.com/ZaksTradersCafe/status/1663484242091814912?s=20
Started: ShareInvestment, 30 May 2023 16:33
Last post: ShareInvestment, 30 May 2023 16:33
This is the other link I mentioned below https://twitter.com/RoastPR/status/1663447395793813504?s=20
Started: theyknowitall, 30 May 2023 08:26
Last post: theyknowitall, 30 May 2023 08:26
Started: ShareInvestment, 25 May 2023 07:26
Last post: theyknowitall, 29 May 2023 13:34
Keith, if they could off load the property side I am sure they would, easier said than done
This is about what’s going to happen not what’s happened
Keep it on your watch list is all I would say
As I said I haven’t invested £300k on a gamble
@theyknowitall. I'm a serious investor, so already done all you suggested before I posted, looked through all the accounts, news releases, etc. Lots of talk, absolutely no substance. Your reply suggests that you agree that there is no serious research that can be done on this company - no hard numbers are available anywhere - red flag #1. The fact that they could only raise money at a 33% discount is another red flag. They have a horrendous performance from real estate investment, which is hardly a reassuring background for a move into a totally unrelated area. I can't see anything to suggest that this is anything other than a blind gamble, and you have not been able to allay that concern, so good luck with your holding.
Keith, It was a private company and to exploit and max its potential and reach it needs a listing.
Drum owned 25% and now have 100%
The owners have not sold out they are now 2 of the largest shareholders
Research their website, look at the annual results released last week and have a listen ton the Sunday roast interview from Sunday 21st with Kerry Chambers COO and listen to the coverage for yesterday
It’s my view, I have just over 4% of the share register
5 individuals have over 50% which means only 60m shares on the open market
No debt or CLN’s / warrants and £1m in the bank and revenue creative
MCap was £4.5m with 25% acuity ownership and now £6m MCap with 100% acuity ownership and £1m in the bank
I will let others decide on the valuation and how they value it
10 times multiplier
Can see it getting taken over in the future
Gartner rate this highly in their peer groups and having had an account with them I fully understand it
I may be wrong, but think this is my next big multi bagger
I bought 8% of PXEN at 2/3p when nobody wanted it so let’s see
GLA
So, folks here consider this to be a 10-bagger. In order to make such a forecast, you presumably can answer the following:
* In what time frame will this become a £70M company?
* What level of sales do you expect from Acuity in order to reach that market cap? New/repeat?
* What margin do you expect on those sales after accounting for development / sales / marketing costs?
* What is the fixed cost for Acuity & the rest of Drumz?
* What are the relevant numbers at the point of acquisition?
* What multiples of sales / profits are you using to get that valuation, and using which companies as comparators?
* If the potential is that great, why has the Acuity done so poorly over the 15 years it has been in existence?
* Why did the vendors sell out?
* Have you looked at the competition within this sector, and how much they spend to achieve market share?
* Do you have any practical business experience in this sector?
Just asking for a friend.
Exactally the time to buy !
Nobody selling says it all to me
Nothing better than people who know it all
I’m sure if I’ve been to Tenerife you have been to elevenerife
Nobody buying says it all to me.
Last post: theyknowitall, 22 May 2023 15:49
The SP is at a 12 month low, not sure why it’s expensive
I took about 1.5m shares in the placing and another 500k at 5p.
Cheap as it will be imo
You won’t be buying this under the placing price
Would like to take a stake in this company but the spread is too wide and too expensive at the moment.Under the placing price would be more tempting and tighter spread.
Started: Shatner, 21 May 2023 15:13
Last post: theyknowitall, 21 May 2023 16:25
Brilliant interview highlighting why this is dirt cheap and will multi bag
Kerry is a great appointment and demonstrates what a SME in this arena she is
Mopping up sub 10p shares looks like free shares to me
Started: Oi_Oi_Savaloy, 15 May 2023 06:16
Last post: skid35, 20 May 2023 15:08
Mojolse.
Rude, you're very easily offended by a simple statement ?
All I said was share count is irrelevant which it is - otherwise every company would do a reverse 10 to 1 share split and somehow the share price would be more than 10x.
What was erroneous on my statement on visibility, previously acuity was an investment in the accounts and treated as such - and now it is the accounts. As an investment there was no statutory requirement for rnss from acuity, now there is.
If you knew anything about market mechanics you wouldn't have made that comment.
Funny you dont know whats going on in the back ground either !!
I dont understand why you need to be so rude and then end up looking silly ?
Number of shares in issue is irrelevant, share cap that counts.
Hopefully now acuity is 100% owned there will be more rns and visibility. Channels vitally important to growth with minimal cost base.
More chance of seeing 30p before 3p imo
£6m MCap is a bargain
Only 121m shares and 50% held by about 7 individuals
I had a load before the RTO, took a load in the placing and bought more last week and will look to add further.
Just for clarity, before I start; I'm in at an average of 1.9p (I've had drumz shares since they were energiser, an off-shoot of Inland homes - same directors of INL back then - Malde and Wicks) so I've been in this share................for a bit too long if you ask me...........but I'd take a massive loss if I sold now so...............
It's why I can't bring myself to invest anymore in it, despite thinking that now's the time. Or is it? That's the question. Is 5p cheap or could this go to 3p first? I thought that the recent news about Acuity/the name change etc etc would have been met with far more joy than it's appeared to have done so so far. In fact..........the share price is down (i think?).......feels down at any rate...........and yet, in the background there are people buying and building up quite a percentage of the business.........without the share price moving one iota upwards. I thought the share register was quite tight in this..............but apparently not if you can build up a 4.3% and the share price actually trend downwards. Anyone else got any thoughts on Drumz?
Revenue is at a 10 x valuation for an operating company in the risk management industry.
My assumption based on information relayed from management ,we are on an upward journey at 6M cap we are very much undervalued.
121M shares in issue , all it takes is a little buying to bring this to 10p plus
Started: theyknowitall, 11 May 2023 10:10
Last post: theyknowitall, 11 May 2023 13:47
£10k buy limit at 5.5p
Squeeze looks on, cheap as chips sub 10p imo
Smart move, definitively time to buy in my opinion too. DYOR
Adds and moves over 4%
Started: theyknowitall, 10 Apr 2023 20:37
Last post: skid35, 10 May 2023 13:59
One very positive element is the Acuity team really do have a lot of skin in the game. It does give them more liquidity than the zero as a private shareholder, but the rewards will come from building the company rather than dumping in what is still and illiquid stock.
Interesting to see where this goes in a few years, I cant see the portfolio of holdings / companies coming to fruition in the near / medium term.
Increased my holding over the last few days. Never thought I would have the possibility to buy some more around 5p, after taking a large position in the placing. Personally see limited downside from this level, but significant upside after the purchase of 100% of Acuity and imminent structure and name change to ACRM. Have a look at the following interview with Angus Forrest to get an idea of revenue growth potential https://www.youtube.com/watch?v=cbApQxYV7pM DYOR
I think the deal is superb for DRUMZ, I look at anything close to 4.5-5 as a buying opportunity. Listened to the latest interview by Angus Forrest a couple of times and at the end he spells out what the valuation could be in 2-3 years which would provide a massive gain, in any case one step at the time, let’s close the deal imminently as planned DYOR
Why the fall? I thought the Acuity purchase is a good move?
I think it was a buy (looking at the strike price of .6 compared to the sale below it in the 5's.) Here's hoping this moves upwards..........eventually!
Started: uNkwnTrader, 25 Apr 2023 17:38
Last post: firefly1965, 25 Apr 2023 22:16
What i rise today, how did i miss this?
Uhh...
Started: theyknowitall, 18 Apr 2023 02:42
Last post: theyknowitall, 18 Apr 2023 02:42
I took a big lump in the placing and have increased my TR1 holding
Give this 12/18 months and it will be multi bags from here
£60m MCap take over target is what I’m looking at
Do the research
This is my next PXEN
Last post: Curleyone, 17 Apr 2023 14:32
Mine is a buy showing as a sell
oi oi.
100% channel route to market in the US, its all around recruiting and incentivising the right partners. when you have 1 or two direct sales people with the turnover of TECH sales people in the US you are constantly re recruiting, training, re establishing realtionships etc.
What I mean is that this RTO to buy 100% of Acurity Risk Management Limited (and change name and use ticker ACRM) is a massive transaction for DRUM. They have clearly seen that Acurity's existing and projected revenue stream in a booming sector represents a compelling deal for a company with such small market cap. https://www.investegate.co.uk/drumz-plc--drum-/prn/circ-re-acquisition-and-readmission-to-aim/20230405070000PD220/
Not sure what you mean there Shareinvestment - are you saying that Drumz have just pushed this out to create an RNS and it's not really worthy of an RNS or that the news is worthy of an RNS but wasn't advertised or something? (which it was wasn't it? i saw it on advfn this morning).
Time will tell, but personally think this is a company making RNS.
Agreed - I'm in for the very long term here; no reason not to - the market for acuity's product is huge. Perhaps they'll recruit an American workforce direct going forward (rather than relying on third-party agreements) too. Giving them a bit more control on increasing revenue there, it's largest market potentially.
It would be great for an overall strategic overview of drumz from the board. A minority share of one seemingly really good company and an investment in a non core company needs to be out in context of where the company wants to be in 2-5 years.
Would have hoped 2-3 years back we would have a portfolio of interests in companies such as acuity by now.
Wake up LSE, RNS out:
The Directors of Drumz plc are delighted that its investee company, Acuity Risk
Management Ltd ("Acuity"), has secured a new partnership with United
States-based Tutela Solutions ("Tutela"). Tutela will refer organisations
looking for a governance, risk and compliance (GRC) solution to Acuity's
award-winning platform STREAM® Integrated Risk Manager ("IRM") in North
America. This is a further step for Acuity towards building its presence in
North America, the world's biggest market for GRC solutions.
Tutela, based in Florida, is a leading developer and implementer of
best-in-class GRC solutions. It specialises in innovative risk management
solutions leveraging multiple GRC platforms. Tutela has delivered 500+
projects for more than 135 clients.
Kerry Chambers, Chief Commercial Officer for Acuity, said: "Tutela has many
years' experience of developing and deploying GRC solutions so we are proud and
delighted to partner with them and look forward to helping US organisations
better manage their risks. The combined expertise of Acuity and our new
partner, Tutela, provides a great opportunity for us in the US where there is
mounting regulatory pressure. An Integrated Risk Management strategy can
provide the necessary clarity to risk that US organisations require."
www.acuityrm.com
Sonny Crouse, Director of Business Development for Tutela Solutions, said: "We
are delighted to partner with Acuity because its STREAM® solution can be
configured to solve all major GRC challenges while providing the scalability
needed to address regulatory requirements and meet industry and global
standards of best practice across all industries." www.tutela-solutions.com
Angus Forrest, chief executive of Drumz, explained: "Acuity is growing strongly
and is implementing a partnership strategy to build a bigger presence in the
North American market for GRC solutions. This builds on the customer win
announced in February and is a significant step to accelerate growth of
revenues and customer numbers in the world's largest market for risk management
software."