George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
During 2018 and 2019, even if Stilo' profits continue to be flat at the worse, they should continue hiking the dividends as they have enough money in reserve but during 2018 and 2019 something magical will happen! During 2018 and 2019 Stilo will have the added benefit and luxury of their 3 additional products that they have been developing for years. That means they will have the luxury of an additional 3 revenue streams on top of the 3 revenue streams that they currently have. In 2018 and 2019 they should have revenues from these additional streams: Migrate Jats Author Bridge Jats Author Bridge Dita Overall, short term pain: "Absolutely!"....... "For long term growth and rewards!!!!!!!"
I must admit that is the most sensible thing you have said in a very, very, very long time. I think you are facing the reality of the matter. With only another 8 to 10 weeks of trading remaining, with the 6 month figures already in, the likelihood of "renewed sterling weakness" looking very unlikely, as the 6 month figures have already clearly indicated, a big fall in the share price during the last few months, Author Bridge still nowhere being ready, hardly anybody trading in the shares, the outlook for 2017 overall strongly suggests to me that the figures for the year end are going to be very, very flat indeed. If there is growth going to be some growth in profits, then its going to be very flat, just a few percentage points. In terms of growth in 2017, Stilo has already clearly demonstrated in their 6 month end report that they have not been able to find any way of growing overall business, apart from a flat 4%, and with them clearly saying that the Author Bridge model is not going to be ready, overall growth for the company has not, will not and cannot come from anywhere else. Its the same old, same old; Stilo does good with Migrate but does bad with Omnimark; it does well with maintenance revenues but does bad with Author Bride etc, etc, etc.......... My overall gut feeling is that revenues are likely to come in slightly lower than 2016 but the bigger drop is going to be in the profits. Certainly going to be profitable again in 2017 but the disappointing thing being that they are not going to be able to grow on those 2016 figures, especially in terms of profits. Even if they do, like I have said above, its going to be on a very small percentage basis. The name of the game here is "Longterm"! Long term there are not going to be any issues for Stilo as they will have a lot more products on the market and the revenues will automatically come in form the following: Omnimark Omnimark maintenance Migrate Dita Migrate Author Bridge Migrate Jats Migrate Author Bridge Of course, as most of us already know we currently only have Omnimark, Omnimark maintenance and Migrate Dita contributing. Like I have said many time before it is going to take quite some time to get Migrate Jats, Author Bridge Jats and Author Bridge Dita to start contributing in any decent manner. Lets not forget they have been working on Author Bridge since 2014; over 3 years nearly. This share is for the long term investor. Short term investors will hardly make any serious money on Stilo. I am very positive on Stilo long term. Even if my gut feeling is right and even if the share price does fall, this should only be for a year two at the most. Lets not forget though that even if this does happen Stilo has a huge amount of money in reserve to continue paying increased dividends for quite a number of years to come yet. Even if the profits come lower in 2017 and are still flat in 2018, they have enough profits and cash to co
A hard Brexit,leading to renewed sterling weakness, could prove helpful to Stilo. Without this,figures for 2017 could compare badly with those of 2016,with revenues and cash likely to decline. How investors,long term or otherwise,will react remains to be seen. The SP reflects this,having steadily fallen over many months and it might well continue to do so.
Winning business in the United States is nothing new for Stilo. They have been operating in this market and winning business for 20 years or so. Its nothing new them getting some work for Author Bridge in the States. Most of their revenue comes from the USA and has been for many, many, many years.
In terms of Omnimark maintenance revenues it has taken nearly a couple of decades to reach these levels. In terms of Migrate revenues these are only around the few hundred thousand mark and they too have taken some 10 years to reach these levels after a tremendous amount on hard work and effort from management. Bearing in mind that Migrate is their star product. Let's not forget that Migrate revenues have only reached these levels after years and years of incremental enhancements. These enhancements as we all know has taken and will continue to take years rather than months. I think the question that is on everybody's mind is "when will Author Bridge start to contribute to the bottom line?" They have stated in their annual reports that they started developing it in 2014 with IBM. 2 years later in 2016 it was put onto IBMs systems and was put into the Nuclear Regulatory Commission. A further year later Author Bridge was available as a trial version around March 2017. Stilo have also said that they still need to do work to get it ready which clearly is taking a lot longer. Those 2 jobs have been advertised for over 8 months. They too have said that the Migrate Jats service is going to be incremental just like Migrate Dita. I really do think that it is still going to take a considerable amount of time before we see a meaningful difference to the bottom line. I am in this for the very long term and with no further announcements expected until their year end in March 2018; difficulties filling those jobs; huge delays with Author Bridge with it still not being ready; incremental changes to the new Jats service for which customers will come on slowly, I believe time is the most important factor. Deliver they will but it is taking a tremendous amount of time. Let's not forget it has now been nearly 4 years since work on Author Bridge began and they have stated that it still needs a lot more work to be done. After the work is done and during this time management still need to continue marketing it. The long haul is in the making unless Stilo can make some major and immediate progress but as we all know these complicated and intricate software products take masses of time like Omnimark and Migrate Dita before. They take years and not months. Already they have been working on Author Bridge since 2014, only have 2 small agreements with 2 companies, whilst recently stating that they still need to do ore work to it. So, already 4 years have gone by and no meaningful revenues have been generated. This share really is for the long term investor and there are many of these within these boards who have been waiting for decades. Quite a lot of very long term investors here who have been waiting anything up to 15 to 20 years to date. That is some waiting. In closing, we all know Stilo will get it right at some stage. Like everyone who has been a long standing investor knows only too well its a question of when t
I tend to agree with you overall .... IF.... Authorbridge is taking an inordinately long time to commercialise. I remain on the sidelines.
If Stilo can resolve the issues with Authorbridge this company is sound . Not many company's can obtain American contracts without the formal tendering process demanded by Congress. With a large reserve in the 'bank.' for a small company Stilo is in good hands and moving forward. I've not hesitated to top up and although a small investor I'm stashing' funds from other sales to top up again.
Somewhat uninspiring
I agree but not unexpected that introduction of new concepts have development slips .I spent about a third of my working life in a development environment constantly being expected to produce the solution there and then!. I'm happy and only today topped up my holding. This is a very well run company, I first bought in, in April 2014 and for a small workforce Stilo has finally started to attract interest. I'm no expert at this type of work but looking at the Company balance sheet my main concern would a 'take over'. Not many 'small' firms are able to fall back on £1.5m without debt charges. Good luck if you plan to hang on.
Disappointing news
Has anyone the dates for the finals to be reported?.
I assume Brewin Dolphin are stock building for whom?. I thought over 3% had to be declared by the 'real' investor.......or maybe not?. Seriously thinking of topping up. I always use the dividend in small firms to reinvest back into shares.. I have no business training as such but common sense has shown the share price increases faster than a dividend over time. I've doubled my investment since 2015 at 145 % and since 2014 49%. Don't ask about the rest of this year but things are picking up!.
I agree completely that I have had different opinions of Stilo previously but with what they are doing now and with the launch of AuthorBridge this company is only going one way and that is up!!!! Absolutely and completely!!!!!
All dreamers and chancers get it right, to a degree, once in a while stilolosses ; so good luck with your investments. Fortunately, some of us are constant our views.
In relation to "those others", it is sometimes a given fact in life that "those others", sometimes, sometimes, not always but sometimes, know quite a lot and that lot counts for quite a lot. Nothing wrong with that its just the way things are.
OK. I am more than happy to agree that he will be making an announcement shortly. In relation to the demand of stock this is simple really. To those in the know it was another very good opportunity to get into it at its present low prices; and, a bonus for those who are in the know who decided to pile in again.
An announcement is indeed forthcoming,probably the week after next. It was the CEO himself who has pencilled in the date and I have great faith in Mr Burnham's knowing more about the company than certain others. Why else would the demand for stock resurface ?
Even a man of your expertise, knowledge and strength know that the only reason the share price has gone up today is for a single reason: Because of the substantial amount of shares that have been bought today that are showing and the others that are not showing on the systems so far. Not because of an announcement that is due in December. In fact, it would not surprise me in the slightest if no announcement is made in December and the comply simply going about its business regardless. This really is the best laugh I have had so far this week.
Good to see the Stilo share price moving off the bottom of its upward trend channel . Possibly this is in anticipation of an announcement from STL in early December regarding the further enhancement of its technology portfolio.
The selling of STL stock has resulted in the SP falling back to its medium term upward trend line. Imo it is good to see the recent spike in the share price eradicated.
Stilo punters,as opposed to investors,want their jam today. They naturally are frustrated,hence the post results selling. Stilo have not yet reached the rainbows end,but that pot of gold seemingly awaits. Toshiba's was an important new contract, as they had earlier stated that Omnimark was particularly well suited to converting Japanese hieroglyphics.
Ever cautious, the share divi underwhelmed the market but a very careful, progressive company making very steady progress. Looking forward to the full year figures
I bought in average 3p so more than doubled my money. With AIM firms I tend to auto reinvest the divi in shares. This has more than paid off with Stilo. Had my first 'good news' this week with Inspired Energy posting very good half year figures which is good as my share holding has been a touch still in the red, but by buying shares with the divi the average price on these is 8% up. Currently bailing out of Premier Foods and Trafalgar new Homes and buying into TERN. Thanks for your post's always interesting.
I couldn't agree more with you,for I have been invested here since 2008/9,having bought in at just 1 pence. The results on Thursday could be interesting,should much focus be placed on future prospects.The strong endorsements of Stilo and in particular AuthorBridge by IBM over recent months must surely catch the eye of other global corporates who might well benefit from Stilo's market leading software.
Thanks for the information. I tend to hold long term and I'm pleased Stilo is finally getting recognition for their research. It certainly is 'patience required' but it pays off.