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Started: BubbyHuxter, 3 Jun 2016 13:34
Last post: BubbyHuxter, 3 Jun 2016 13:34
Just in case anyone's still reading this chat, the company (Synety) is now known as CloudCall so choose CALL (instead of SNTY)
Not sure I concur here. Snty are just too good at s*unking money. Today's announcement a case in point. How much is a complete rebranding going to cost for a company which is already bleeding cash! Another placing I dare say before the end of the year.
Started: Korg, 16 May 2016 17:30
Last post: Korg, 16 May 2016 17:30
Steve Moore becomming more bullish now. Paul Scott is a BIG believer in synety/cloudcall. Growth numbers have ben strong recently now the strategy has proven to work.
assumng MORE customers going to use the full CloudCall service. Should strngthen revenues imo
looks like a good deal for longterm.
Started: Korg, 12 May 2016 23:17
Last post: Korg, 12 May 2016 23:17
News could move this imo, look at the chart, ready to move up
Growing in confidence and reassurance. Good growth numbers look set to continue.
Started: Alfacomp, 22 Mar 2016 23:28
Last post: Alfacomp, 22 Mar 2016 23:28
Revenue 3.3m, expenses at least 6.5m but with only 1.5m in cash in the bank how can they go for more than 6 months without needing to do a placing even if it does not cost them anything to rebrand. How can the BoD realistically claim that they will not need to raise any more money before breaking even ? As a result I have taken advantage of todays spike in value to get out with only a small loss. As ever DYOR.
Started: Dibs61, 22 Mar 2016 08:17
Last post: Dibs61, 22 Mar 2016 08:17
You could be right, only time will tell.
Look poor to me. Only modestly reduced losses. Still a long way from break even despite revenue growth. They just love splashing the cash here, that seems to be the problem, no financial control.
Started: Dibs61, 16 Mar 2016 10:36
Last post: Dibs61, 16 Mar 2016 10:36
Is it really necessary? I would question whether the monetary cost of completely rebranding is justified at this stage of their development? Before they have even started to generate profits. How much will it cost and is it going to generate value. It does seem to me this management are good at, may I say, spunking cash.
Started: hereandnow, 17 Feb 2016 11:59
Last post: Korg, 8 Mar 2016 19:53
Explains heliums confidence in buying. Lokks derisked now. Needs deal newsflow to move the price.
Looks like they might have enough cash to become profitable, great to see Barclays lending the money
I dont know if helium are sniffing their own gas or they have a motive for accumulating. I susspect the latter. Buying for a client or some sort of deal with oracle? This product has legs and growth potential, and i can definately see oracles intrest, suits their cloud solutions business. I can't see why they cant licence it out to an organisation with thousands of corporate clients and users. The new sales strategy is correct, but licencing would quadruple the userbase and returns almost overnight.
Thoughts as to their increased interest??
Started: Dibs61, 21 Jan 2016 12:32
Last post: panda1, 21 Jan 2016 14:23
Unfortunately, I think you're right Dibs. Another placing is a certainty IMO and given the track record here it will be difficult to get one away unless there is a very substantial discount. Cash burn here should have been controlled much sooner and US sales seem very disappointing given the hype.
Not a snowballs chance in hell now of SiGNICANT director buying. You may see a cursory purchase or two to try and project confidence but this company continues to eat cash voraciously - £1.5m worth in the past 6 mths. Which means another placing is on the way, certainly within the next 6 months. And the next one will prob be @ no more than 50p.
Started: hereandnow, 20 Jan 2016 07:50
Last post: hereandnow, 20 Jan 2016 07:50
'slightly ahead of expectations' . Nice to read that this morning. I have been waiting an update with baited breathe, expecting the worse! happy to see this today. I wonder if this means directors are now out of a closed period and we shall see some more stock buying?
Started: Dibs61, 1 Dec 2015 07:33
Last post: Dibs61, 1 Dec 2015 07:33
Simon Cleaver shoves Seeman aside. Seeman effectively demoted and given symbolic title. I think what we are seeing here is a management team not in harmony and frankly not good enough regardless of swapping chairs around.
Started: Dibs61, 19 Nov 2015 13:38
Last post: Dibs61, 19 Nov 2015 13:38
Seriously was that really worth it Mark Seeman?!
Obiously, however this is growth company so it is more about potencial of future earnings. The problem though is the fact that value of the company is not backed by as sets. It is going to look overvalued until it breaks even, hopefully H2 2016.
No posts here since my last one on 29 Sept! Until they can stop burning the cash this still looks overvalued to me at £11.5m MC.
Started: Dibs61, 29 Sep 2015 23:37
Last post: Dibs61, 29 Sep 2015 23:37
Sneaky after hours RNS. In view of dilution by additional equity issue this could hit 80p in the morning.
Started: Dibs61, 21 Sep 2015 14:44
Last post: Dibs61, 21 Sep 2015 14:44
Decent purchase by the CFO but Mark Seeman buying £1,100 worth of shares is just plain pointless and sends a more negative than positive message! Mark, Mark, Mark what were you thinking?
Started: bobbol40, 18 May 2015 09:46
Last post: JimboJet, 19 May 2015 16:39
I tend to agree - with less KPI updates I think this stock could be less volatile from here, and I agree that a lot of the bad news is priced in - not that I can see further "bad news"
Started: JimboJet, 29 Apr 2015 17:54
Last post: JimboJet, 29 Apr 2015 17:54
I personally feel positive about yesterday's announcement. I don't know how the recent institutional funding conversations progressed, but it's not unimaginable that a condition was that SNTY get control of costs as a priority - that's a good thing, and maybe they're now getting more advice. It's slightly less exciting to not see quarterly KPIs, but the frequency of updates makes no difference to the value of the business. It may create less certainty about the trajectory, but in my opinion all KPIs continue to move in the right direction. I work in a similar sized cloud communications (SaaS) company, and it's a trend in the software industry that companies have weak Q1s following a Q4 squeeze, with this in mind the quarter on quarter slow in ARR growth is not concerning. The RRPU is very interesting and suggests there is a lot of addressable revenue within the current base as users and customers extend use-cases and identify new opportunities to leverage the technology - this is what happens in SaaS. Any buyers at this point at surely buying at the bottom.
Started: Korg, 28 Apr 2015 13:45
Last post: khameeleon, 28 Apr 2015 15:33
Announcing a new strategy to move from rapid qrowth the quarter after rapid growth markedly declined smacks more of a convenience than a considered strategy. It's also a move that takes Synety into a model they are unfamiliar with. If they do manage to change spots it will take many months of consistent effort to gain meaningful results.. - going to have to cut more than directors pay to eke out the last placing for too long and obviously as no 'tails up' news imminent and no more quarterly reporting it's hard to see anything but steady decline in SP.
If the board didn't listen to shareholders when they come back to us to ask for more money (i.e. dilution) then we WOULD have good reason to complain. As the situation here is the opposite of this then we can have no reason to. At least this company does appear to have a useful product and is developing an ongoing revenue stream with existing customers, unlike some of the cloud/vapour ware that is out there on AIM. By the sound if it the BOD woke up an smelt the coffee some time back and just need to explain to us now why we are not going to be getting quarterly KPI figures to obsess about. Good. Hype time is well and truly over so now we can expect them to concentrate on growing a profitable business.
Pretty poor when the shareholders start telling them how to run the company. I also get the impression that money is being wasted whilst the bod live it up. And finally, ir it a product that anyone wants? Still over priced imo, sold out ages ago. Realistically can see 50-60p. Its make or break time or is it an engineered flatpack?
pivot point on the chart at high 80s - could do +50% from here or do 70s ... I took a few for fun ;)
Started: BubbyHuxter, 28 Apr 2015 11:43
Last post: BubbyHuxter, 28 Apr 2015 11:43
The RNS does address head-on many investors' concerns about cash burn - many of us 'voted' by not buying into the last fund raising. At least we can't complain the Board aren't listening. I guess I'll sit tight for at least a couple more quarters but will keep a keen eye on they new 'strategy'.
Started: KaChing, 28 Apr 2015 08:15
Last post: KaChing, 28 Apr 2015 08:15
Raising the last lot of cash really was a struggle Focusing on earlier break even to fund growth internally ……. a novelty for an AIM listed company or is the market being short sighted?