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You really need a good bleedin kick up the ass.
Blackrhino
"Mo dropped in that the update on the final accounts would be early April. That should give them a good opportunity to update us on the order book"
Given the final accounts were April last year, then it's obvious the final accounts will around the same time this year.
Have they announced any orders to suggest the order book will be any different to what they've already stated? No.
"The longer they wait the more they’ll have to pay ."
Best wait to see what the final results reveals then. If the figures continue to show a significant slowdown in revenue/orders rate then those waiting could end up paying less.
;-)
Mo dropped in that the update on the final accounts would be early April. That should give them a good opportunity to update us on the order book for the new facility and likely impact on bottom line given their comments about efficiencies etc. we’ll also know about what dividend to expect. Personally very glad he’s concentrating on growing the company rather than the approach taken by some AIM companies to hawk it around prospective buyers at the earliest opportunity. The longer they wait the more they’ll have to pay .
Stop rehashing the same posts over and over, you twat
Blackrhino
"Very professional, controlled and reassuring."
It would be. They are being talked up. Nothing new though, was there?
The CEO has huge > 7m options, awarded a year ago, exercisable in a year.
So much promise, the Chairman/Founder dumped majority of his holding recently.
Don't take my word for it, look at the last 2 rns.
They have a questionable business model.
"The whole point of them moving to the new facility in Canary Wharf is to be able to run concurrent challenge models and hence growing revenue faster."
From fy2022 to fy2023, their order book rose just 5%, £76m to £80m. How do you suppose they will grow revenues faster?
Are you saying they have been turning down new orders?.
It's their figures from their presentation.
fy2023 to fy2024 revenues up 10%, not the 15% they mention.
fy2022 to fy2023 net contracted order book up only 5%, £76m to £80m.
Both show significant slowdown.
With Mo's under promise and over deliver I would expect the £100m revenue target by 2028 to be reached much earlier. Will be interesting to see how H2 of 2024 once they are in the new facility and with a healthy pipeline/order book.
GLA
Very professional, controlled and reassuring. Well done Mo, came across as very confident and able to grow the business
The whole point of them moving to the new facility in Canary Wharf is to be able to run concurrent challenge models and hence growing revenue faster.
Maybe you should attend the presentations whereby you can ask Mo yourself.
4x revenue MC is fine for such a growing company and all looks good IMHO
Nice update from Mo, great company IMHO with a big future.
GLA
Posted back in February. Just rehashing old posts. All rather pointless really
Blackrhino,
The mcap is £200m or around 4x revenue!!
That's far too high.
That's for a company where revenue growth has been slowing over the past 3 years. According to the company's own accounts.
Where's the significant revenue growth going forward?
Fy2022: £48.5m (+30%)
Fy2023: £56m (+15.5%)
Fy2023: £62m(+10.7%)
Kilman,
"Growth has slowed significantly."
I see a company increasing revenue/profits "
Readers. Look at page 6 of the presentation.
Revenue
2023 £56m
e2024 £62m
Use any calculator and you'll see the revenue increase from 2023 to 2024 is 10% and not the 15% yoy they mention(fy2021 to fy2022 was 15%, which was significantly lower than the previous year). That backs up my assertion that growth has slowed significantly.
Growth slow significantly
Fy2022: £48.5m (+30%)
Fy2023: £56m (+15.5%)
Fy2024: £62m(+10.7%)
Here's Mo's presentation.
https://ukinvestormagazine.co.uk/wp-content/uploads/2024/03/hVIVO-Investor-Presentation-March-2024-Read-Only.pdf?mc_cid=399bdbc67c&mc_eid=def2491a52
UK Investor Magazine conference starting online at 6pm
6pm tonight Mo
https://ukinvestormagazine.lpages.co/uk-investor-magazine-conference-at-the-lse/
GLA
FFFFFFFFFFF
OOOOOOOO
"As commented before, it's been talked up...."
It is broadly being 'talked up' due to increasing revenues, profitability and naturally this drives the SP.
There is no conspiracy to ramp the share price, the company financials speak for it.
"The CEO has a huge > 7m options which were awarded a year ago and exercisable in a year."
Complete red herring to me. The options are 1% of the company which don't all mature in 1 year and so what? If he decides to leave then we will thank Mo but such is life, CEO's will move on and be replaced.
"Chairman/Founder dumped majority of his holding recently."
50% of shares is my understanding , but this doesn't take away from the company performance.
Perhaps this is CF cashing in as he doesn't believe the company will be sold on soon and wants to put money elsewhere.
"Growth has slowed significantly."
I see a company increasing revenue/profits and zero debt, I will keep an eye on the growth but it is doing fantastic currently.
"Clients largely paying for the new facility."
I don't even know how to respond to this. How do you see this as a negative?
"Despite all the talking up, no evidence of significant buying/holding by institutions."
We have 3+% IIs but Totally is an example of where this doesn't mean much.
Why does that twat just rehash the same post worded differently?
Just the same 'talking up'.
As commented before, it's been talked up....
You have to wonder why, with all the talking up suggesting business is booming, the Chairman/Founder dumped the majority of his holding recently??
The facts haven't changed.
The CEO has a huge > 7m options which were awarded a year ago and exercisable in a year.
Chairman/Founder dumped majority of his holding recently.
Growth has slowed significantly.
Clients largely paying for the new facility.
Despite all the talking up, no evidence of significant buying/holding by institutionS.
I see a questionable business model, where growth has slowed significantly.
Read the company newsflow.
Somebody has just bought 50k for 27.43p per share. Might be your platform, who do you use?
Very unusual work by the market makers at the moment, offering nothing up to 50000, then asking 29.9p for anything over, it was like this a week or two back and I haven't seen that before for sustained periods
Just took a wee punt on here with an article I read the other day that popped up when I was reading upon nividia news.
From the ADVFN site, courtesy of rivaldo: https://podcasts.apple.com/gb/podcast/the-exchange/id1569138869?i=1000648512846
In case you missed it, hVIVO was mentioned in the Daily Mail Midas share tip over the weekend....
https://newspaper.mailplus.co.uk/data/3991/reader/reader.html?#!preferred/0/package/3991/pub/13629/page/58/content/714430