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They have a very unique product and it is likely they will be bought out at some stage. If you researched this properly you would know this.
If you are a professional and experienced IT investor and you genuinely feel this stock is not for you, I don't understand why you are posting here? Unless you are looking to compare **** sizes and assert dominance somehow. This is a forum for professional investors, please move on elsewhere and release your emotional tension in another manner.
I have an interest in high growth IT companies. Those owning IP that can't be quickly copied. Interested in how companies without valuable IP are bid up to high multiples of revenue, by experienced boards mentioning the latest trends 'very carefully' :)
Your interest?
Then why the interest ?
Well done with your gain.
Have no idea what was said to customers. I am talking about shareholder communication.
Phermic, so ESRI, the Aussies, Network Rail and the Japanese were all mislead and did not do their DD before partnering or awarding contracts to MNO?
If you own shares then best sell and move on as surely you are in profit otherwise what is the point of posting on this forum. Personally I am happy being up 252% with average purchase price of 4.21. still a hold IMO until I see +20p
Looking forward to more news. Personally I’m thinking:
1) an update on Japan phase 2 and associated next steps - at the end of Jan / early Feb
2) insight on USA tier 1 / class 1 activity - imminently
Dyor
GLA
What are these signs??? Board have a record of misleading investors and Nomads. No recurring revenue streams and very small headcount. This is a drone survey company, hyping up newly developed IP that will take on the world???? This is a perfect 'hype & dump' share. I suspect you guys know this. Good luck.
Other investor types, do your homework. LOL
All the signs suggesting this is ready to fly.
Whoop!
I put in a dummy sell order on HL when the price was 14-15 and got quoted 14.80 for 20k shares. This is going to fly and as usual it is under the radar
Are we finally gonna see this push to the 20p I strongly suspect thou. even much higher if a bid comes in for MNO.
Waiting for a nice US contract win. In time
I suspect a RNS will drop early next week as I've seen a steady accumulation. Not been wrong on this except when I suspected it would fall back to 11/12p after last RNS
From my understanding, autonomous cars need to be able to define the edge of the road each side in order to remain lined up correctly (though I'm absolutely not an expert by any means!!). Does anyone know whether drones etc have been used to survey roads for this reason? From my basic logic (only), potentially a big area? Curious to know anyones insights here
tyla,
how the charts looking?
I expected a gradual fall back to the 11/12 range until the next meaningful news so the rise today is a little surprise.
I suspect a little accumulation going on and we may just see the ATH being hit again before year end.
Booky, looking at the charts I think I will hold off buying until the fall looks like it's slowing down.
The contracts announced (all with no value attached) are mostly paid pilots (ie Network Rail & Japan) and small 'Grants' outside of Australia. In Australia they appear to be for existing Drone surveying work although the Australian Rail contract does look more interesting.
No mention of any level of subscription revenues driven by proprietary AI IPR. Very reminiscent of the 'smoke & mirrors' announcements (claiming great success in the FinTech world) the Chair & Non Execs spouted the first time around. It soon became hard to hide the fact they had no FinTech contracts at all!!!
They remain on the board. Leopards & Spots? A profit is not a profit until its cashed!
Been following all year since after the change and they seem to be doing pretty well with worldwide contracts. Was very high risk at the start of the year at 2p but they've come a long way since then with the new business. Contracts from Oz to Japan and now UK with Network Rail. I'd say after the very bad news on the software side they've done well. I know I've done well holding them this year. GL
The contract announcements from this company are often ambiguous! Today’s announcement is a continuation of a project to prove and expand the functionality of automation software. It is unlikely to be of any significant value even if its 4x the previous figure. However, this is very useful to MNO and much needed. Afterall, they need revenues / grants to advance the IPR they are building.
Investors (not day traders) need to be very wary of this management team, they have a very poor record of monetarising on the ‘valuable IPR’ they buy / create. The Chairs current strategy, involving moving a loss making drone surveying business into a ‘ subscription software & services business’ will be a challenge.
Hard to put a value on this one, Contract wins have been coming all year. Love todays news. Looks to be very scalable. Part of my future portfolio as its A.I. Will leave it in the SIPP for years the way it's going so far. Did top slice when we got a speeding ticket but it didn't have that much effect.
The value being 4 times the first project as additional opportunities identified in the trial period. No idea the value of the contract however it is a step in the right direction and opens opportunities for large scale project in USA IMO.
I am see a steady accumulation of shares and feel that there is much more to come from MNO therefore I still hold for the +20p or even 50p buyout by Esri Inc which is AIMO.
Added a few today, missed the fall yesterday unfortunately
20% fall today after large rise last week - above average number of shares traded and mostly sells. Just profit taking or perhaps a fund raising in the offing and as usual those in the know what this to be at the lowest price possible. £1 million cash left at 30/9 but expansion plans and appointments will soon eat this up so perhaps new high of 17p was the catalyst to raise more cash. We will see. Whatever the case I have great hopes for this company and will add if price continues to drift.
Good luck to all holders. CY
Great to see Maestrano closing the week at an all time high. Even more so as it seems to have been achieved following solid newsflow of real growth & performance with a minimum of pr and sentiment, hype etc.
Not feeling any kind of further urge to touch the sell button. Long term hold for me most likely from now.
Up to 17 months holding now and to paraphrase SI on admission - it has been a great experience and I look forward with excitement and confidence.
AIMO GLA
Good result :D
No lyric for me though haha
Still under the radar. Up 38% since my original post and I've still not sold a share as I'm convinced this is going into the 20s.
quite surprised with the low volume and lack of interest in this fantastic company.