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Its worth noting that the hurdle for a competing offer to succeed and for the irrevocable to fall away is at 135p!
Its worth noting that the hurdle for a competing offer to succeed and for the irrevocable to fall away is at 135p!
Hi, I'm interested to see if I should wait for a higher / counter offer or sell now? Thanks, Mark
85p
A punt and patience looks to be working out here.
Agree. Can't quite get why the company hasn't updated and its 20 July. Good or bad you would think with the sp below 70p management would be releasing a trading update to market showing either the stock market has oversold the stock or the share price is a fair representation of a more depressed outlook.
this has fallen from 105p in a few months on 'not bad news' - just a few contracts with late signing issues, now resolved. A trading stat, was issued 15July last year, and nowt so far. FYR mid Sept. I'm expecting, and hoping for a 50% upside when finals released. DYOR and all imho of course.
http://tinyurl.com/hdjptdp Bob Stein, chief executive officer at Kalibrate (LON:KLBT), the supplier of strategy and technology solutions for fuel retailers, discusses interim results with Proactive Investors and explains the fall in profitability results from delayed pricing deals. He is confident the company will reach its full-year targets and believes the current volatility across oil markets actually increase the need for more sophisticated pricing and planning solutions like the ones Kalibrate offers. Stein says Kalibrate has a very healthy pipeline" in both mature and new markets like India, Mexico and some countries in South East Asia.
Recurring revenue figure at 21M USD is short of my expectations of $22M. The euro fell 10% against the USD reporting currency over the last 6 months, and with $6.8 million generated from European countries and $7 million in rest work world (noting recurring make up over 2/3 of revenues) then currency could explain most of this shortfall. The cash balance falling is not the best but atleast the order-book at $41.4M or +15% shows the company is growing.
Top line revenue growth looks pretty good. The company is however capitalising more software development than they did historically. As long as this software development is for new revenue additive software products I'm happy. Free cashflow generation wasn't so flash due to this software capitalisation and more of the companies money invested in working capital which I can understand/live with. Overall it's ok for a company focussed on growth.
· Revenue increased by 11% to $15.6 million (H1 2014: $14.1 million) o Recurring revenues of $20.7 million as at 31 December 2014, an increase of $1.1 million since 30 June 2014 · Underlying* EBITDA** increased by 18% to $2.3 million (H1 2014: $2.0 million) · Underlying* operating profit before tax of $1.8 million (H1 2014: $1.7 million) * - Before exceptional items, business combination amortisation, finance costs and other comprehensive expense or income ** - Earnings before interest, tax, depreciation and amortisation, exceptional items, business combination amortisation, finance costs and other comprehensive expense or income Operational highlights: · Strong performance in core markets of North America, Europe and South Africa with significant new clients acquired · Geographical expansion with clients added in new markets including Mexico, Brazil, Kenya and the Philippines · Successful cross-selling with 4 clients using both Pricing and Planning solutions, bringing the total to 31 · 100% client retention · Launched Kalibrate Cloud to house all Pricing solutions in one cloud-based platform · Multi-country managed services contract for a major oil company's petroleum retail network now fully implemented · Strong growth in SaaS deals with 9 clients moving from perpetual license structure to SaaS platform, representing $2.9m in bookings · 22 managed services clients now secured, up from 12 at the start of the financial year Commenting on the results, Bob Stein, CEO of Kalibrate, said: "These results demonstrate continued delivery against our stated strategy of growing in our core markets and expanding into new geographies, with more clients now using both our Pricing and Planning products. Our managed services offering continues to gain momentum and we are seeing good demand for our SaaS platform which further increases our revenue visibility. "We have continued to invest in our product set and remain well placed to support existing and new clients in markets that are or will soon be deregulating.
Her is a summary of 4 small-cap stock picks, 2 in the UK and 2 in the US, including Kalibrate. http://australiansmall-capcompanies.blogspot.com.au/2015/02/emerging-micro-cap-software-plays-going.html
Feels like more sellers than buyers at the moment. My major concern is low oil price/fuel prices will dampen the demand for Fuel Station Chains, investing in their business with this type of software. Here are some pro's and cons. Fingers crossed when the company updates the market on the 10/03/2015, the momentum they noted in their outlook in their 2014 annual report has continued for the full half. We also have the benefit of the $2 million recurring contract kicking off in July 2014. http://australiansmall-capcompanies.blogspot.com.au/2015/02/kalibrate-technologies-retail-fuel.html
All buys yet the price has dropped?
Klbt recommended by Midas share tips this weekend....should see more activity hereon.
Unfortunately SCSW have got their currencies mixed up. They say that forecasts are for 10p EPS this year to 30/6/15 and 14p EPS to 2016. However, the real forecasts are for 10 CENTS and 14.1 CENTS, i.e 6.1p EPS and 8.7p EPS two years out. This obviously makes quite a difference, and on a current year P/E of 19 explains why I'm sitting on the sidelines at present!
Good write up by Small Company Share Watch
Results must have been bad -- down. lol
That is good to know. We are going in the right direction here at the moment. G L A
yes.
Anyone else invested here?
This share is quiet now. But it will take off in a big way I think.
What share watch will say about this share in its next issue will be interesting.
Does anyone have an insight into the fairly sudden substantial drop in the share price? I bought near the top as I thought the company ha a good business model with solid barriers to entry My stop loss has taken me out and the price has dropped further since then.