Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Lol the majority of us are investors here. Its a slow stock, but the company has a great product with a growing top line. Personally, I think you'll make money here in the long term.
Just don't expect it to give you 5000% in a year
Hi guys, I stumbled across this share and does anyone see the share price dipping to 3.05 and would it be an ideal price to buy?
The balance sheet suggests the company has vastly improved over the last 2 years and the product mpro5 certainly is looking to the future.
Would love to hear anyone's thoughts on whether this share is worth investing in?
apologies - I mean tomorrow :) getting ahead of myself somewhat.
Anyone got any view on which way this will go?
As a long term holder I think you have hit the nail on the head... No reason to sell at the moment as it is as you state ready to climb another few rungs up the ladder..
I think the raising of the money should be seen as a good thing long term. Sadly for long termers its a bump in the road..
All the performance indicators are good, sales and profitability up and surely continuing up. The only thing lacking has been scale, which the raise and investment plan is intended to provide asap. So, yes some dilution from the raise, but the business seems to have a great existing recipe for success, the right product at the right point in time, oh and soon £7m to hopefully make tomorrow come sooner! Great company, hopefully will get the extra following it needs to return on SP. All my opinion only, looking forwards to something more exciting soon!
Been here a while but now feel I have seen the best. Second half was only a shade more than first six months so operational gearing not clicking in yet. Also why is the main man selling down?
I had been in these for quite a while, but simply decided that I invested to make money and whilst I believe it will be almost impossible to lose your stake with these, the chance of making good profits appear to be no more than a dream.
Good Business
Good Figures
Good sales Growth
Alas, you will die of boredom though.
If you look back in history, they once had a 13p EPS. yep, 13P EPS, now look at us, real net profit = 0.11p and 0.16 when adding back in the tax of £200k
Having issued another 250m shares, we are standing at 707m plus.
If we even manage to increase our profitability next year to £750k (we wont have the £250k tax rebate again next year), we will still only have an EPS of 0.10p
I have come to the conclusion that this solid little business is a lifestyle business and needs to be taken over.
All just my view of course.
I am not questioning the reasons for the fund raise only lack of PI involvement. Had the company generated at least a small capital gain for long suffering shareholders over the last few years then they might have had an excuse. There seems to be plenty of potential with this product but the market for some reason does not seem to recognise this in the share price. Perhaps the need for more capital has held the share back and the fact that it appears to have been run more like a small family business.
Not happy at all. Second half not that much better thant the first half and Directors selling out at the placing price. We need to do a lot better in the coming months IMO
I wasn't expecting the raise, but on reflection I'm happy. Though not the 12% discount.
Marketing to move from ad hoc (e.g. mouth to mouth referrals) to a more strategic approach. Tick. Aiming to sell more through channel partners, increasing from 56% of revenue to 90%. Tick. Expanding marketing reach geographically (USA is mentioned) and sectorial (healthcare). Tick. This all make sense to me.
Platform enhancement. Over 100 clients have change requests for the platform. The ability to meet these in a timely fashion will keep clients on board. Tick. And enhance the offer to potential clients. Tick.
Micro sized business. TIDE clearly believe this is an untapped market. They know their business. I believe them.
TIDE are building something robust and resilient. However as others have pointed out its taking a while.
But the hare does not always win the race.
Or perhaps I've just become a little emotionally attached to this share.
I am a long term holder and despite trading on a few peaks my core holding has gone nowhere. Seems to be hard work to just stand still. Raising the money for investment may be the right thing to do but not letting the Pi's have a dabble sticks in the throat..
Not sure what to make of this company as an investment. I have held since Sept 2016, during which turnover as doubled and pretax as increased 80%, yet share price has not changed. Coupled this with a buy/sell margin of 0.4p, not much in it for private investor evidently. Probably one of my worst investments over this period. Now to rub things in we get a huge dilution placing at 12% discount which excludes PI's. Not much point in voting against as Directors hold 40% of share capital.
Agreed, great results, as expected - thought t/o was going to come out a bit higher though
Presume new shareholders coming on board and Helium seem to have sold all/most of their shares - believe that their steadily reducing shareholding has been a brake on the share price
With the excellent underlying and ongoing trading fundamentals + new (hopefully) long term shareholders + cash to invest on further development and significant marketing lets hope that it is onward and upwards from here
£6M raise at circa 8% discount - not what I wanted BUT they say it is for investment into the product development and given the results show £1.17M in cash at year end and very strong free cash generation this seems plausible. BUT it seems a lot of money for the development work so I wonder what they are planning?
Results generally seem strong (especially free cashflow).
Trade now showing but was delayed appearing
Also topped up, the time lag between contracts being secured and income showing up in the results should make for pleasant and profitable reading.
Around 10-30 made a sizeable top up through my HL account.
Have noticed before that previous smaller top ups have not shown up in the buy/sell data
Wonder if they have another client with a standing instruction to reduce their holding
Could this be a plausible explanation ?
Might also help to explain why Tide remains on a paltry MCap valuation of circa £15m despite the outstanding underlying fundamentals - debt free - high margin - very high percentage recurring income etc. all well known to existing holders
Should be followed up in near future with very positive results for 2020. Have made decent sized top up to my holding
Could just be the springboard needed to bring this product to the attention of a wider market. Happy to continue holding and adding.
Tremendous endorsement of our product. A company with £27 billion market cap sees quality and value in this little tiddler. Under the radar currently but if this contract goes well then a further roll out with Compass Group a distinct possibilty. Long term contracts with extremely high margins.
Another good rns. Off radar still.
This is definitely a long term hold. I don't mind the ups and downs for the time being as it gives me a an opportunity to keep adding. Long term this will come good!
I've been in here for 5 or so years. looking for 10p share price / £45m ish Mcap within the next 3
Fully expecting 2020 results to be very nice - based on high recurring income and new contract wins over the last 12-15 months