Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Thanks for the reply DMcG54, was very surprised at the SP action today but it is the way it goes sometimes.
Some great blogs as well:
https://blog.i-nexus.com/
INX has gone to the trouble of achieving and maintaining ISO 27001 Certification, no mean feat, you can check it out:
https://www.sgs.pl/en/vr/certified-client-directory
i-nexus at United Kingdom
GB14/91573
Information security management for the provision of Business Transformation Software Development and Hosted Solutions in accordance with the statement of applicability version 6.
brainsftw: Deluded Quick-Buckers didn't become millionaires today and dumped to chase TERN today :oD
Can't say I was expecting a red day after that RNS, personally felt it was a positive update. What was the market expecting? I'm obviously missing something here
With the low mcap and number of shares we will do fine here.
This time next year Rodders.... We'll break even :oD
I had to find a light-hearted bit to an otherwise disappointing reaction to INX interim report , a severe over-reaction to the RNS today IMHO.
Best wishes to all holders, at least the company is heading in the right direction now and some recognisable client names as well: Nissan-Renault, Maersk etc
Fair point Bugerboy31, Tops has been ramping this on Twitter so I understand your points.
Personally I do feel this company has a good turn-around feel and is doing all the right things. The sell-offs are probably disgruntled quick-buckers but for me I am staying put as I think by EOY this will look very good and 2023 will see a good re-rate. GLA and best wishes BB31.
I have no dislike, it was ramped last week by numerous people (cross ramping) on other shares for them to just leave. I have had my full of these crews ramping shares for a quick trade..
I won't be commenting on this board again Mark and really hope you do get to the SP you want GLA.
I’m curious bugerboy … why do you dislike this company so much?
I’ll leave you to dig a little on it, yeah keep digging and you might find the bottom of this SP
The results are good and +, the sellers are missing the point that the company is doing well and has good further growth prospects with managed cash burn. This is a keeper.
It’s a US company that helping with workbench software from inx. I’ll leave you to dig a little on it
; )
Thanks Mark.. :-)
We can’t mention possibles or rumours or even discuss amongst us holders who it may be as apparently that’s not discussion and constitutes ramping ( odd fo a discussion board I know )
They are already partnered with Renault Nissan and Unipart among others.
‘Major tech company’?
New to this share.. anybody shed any light on this relationship?
We continue to have several live trial implementations at multiple enterprises across the US, UK and Europe and an ongoing paid Pilot with a major technology company.
Did say when they put no value on a order just percentage terms increase its bad .
I’m not a ramper. But I expected slightly more and a better reaction with the sp ( but it’s early yet )
Hi Mark, just checking in on the Sp you predicted?? You wanted me to come back on for what exactly…yeah u where wrong.. no exactly earth shattering RNS… keep ramping - GLA
'We secured 5 new customers in the period (H1 FY21: 1) which along with the existing account upsells delivered a combined £23k MRR as noted above and a further 4 new customers are contracted at the time of the issue of this report, delivering a further combined value of £17k MRR.'
Operational Highlights and Outlook
· The two key leading indicators above show an upward trend and have been at the center of our focus over the last 9 months following the worst impact of the pandemic
· Sales momentum continued through the period, securing 5 contract wins and 2 upsells within existing accounts, with a combined FY22 MRR of £23k, a 10% gross increase on our opening position of £235k
· The number of renewing customers increased significantly, contributing to a Net Retention rate of 94%, a considerable improvement on the prior year
· Average deal size is increasing and we now have clear predictable conversion rates of leads into deals
· On track to deliver double digit net MRR growth in FY22
MMR has almost tripled - 94% retention up from 70 something %
Going from a company hemorrhaging cash & collapsing revenues from Covid to being (just) cash positive & back increasing monthly revenues is very impressive. Market not understanding this quite yet, crazily undervalued.
The RNS has a load of positives in it, MMR has improved significantly and new biz with retention has also improved.
Seems like a good team in place. GLA
100k delayed buy print