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Started: barchid, 3 Jun 2024 13:52
Last post: barchid, 4 Jun 2024 12:58
Yesterday it was a forgotten stock, today they received a bid approach...
The fact that almost a third of the market cap is in cash, is a real rarity in a stock that is valued at only just over £10mill.
Revenue up as well, this looks very much a forgotten stock.
Last post: Troajan, 26 May 2024 10:23
Started: PJT12, 22 May 2024 07:21
Last post: PJT12, 22 May 2024 07:21
Barrie Whipp, Chairman, commented "We thank (outgoing) Stephen for his service and are already seeing the benefit of James' corporate experience on the Board"
Started: deepjoy, 6 Nov 2023 10:00
Last post: chillpill1, 19 Feb 2024 08:04
As long as you can be patient you will be rewarded. Completely under the radar.
Outlook upgrade and 2.8m cash with a market cap of 9.8m this is priced at just over 1x revenue projected at 6.2m this year. Inflection point is reached but as always this company is not sexy enough for most AIM dreamers...
This will wake up once more. The share consolidation has done nothing for the spread at this point given the volumes are nonexistent but news will help. With a 84% gross margin this is a great business and given we have reached peak capex this year on software and headcount I hope to see the cost of sales to start to fall rapidly from here. The ARR rate of 5.8m this year supports the 20% growth projections but I guess the market was just spooked by the loss of one client to insolvency and a higher churn rate of 5% which, I assume comes from the beepro element which they have wisely sidelined.
ABITDA profitability is a nonsense for me but we should be heading for real profit next year and strong cash flow. The opportunity of the US market is not priced in at all either so all to play for..
Started: deepjoy, 20 Sep 2023 13:37
Last post: deepjoy, 17 Oct 2023 11:48
Added another 500k shares..biggest holding now
And in come the bargain hunters...pays to do nothing more often than not with shares like this ...
Gotta laugh at people dumping this at these prices. Almost to 'dash for cash' 2020 levels .... bizzare for a company with no debt and a growing market...hey ho
The lesson I learnt with this chairman and his CEO was with Wey Education where he successfully de-vested the over reach of global ambitions of the previous board and slowly turned the business around. I was critical of him at the time and told him so but he proved me wrong and took the business to another level before selling it at a premium.
The same is happening here but this business has always been his main interest. The gross margins are impressive and his careful use of capital to grow organically is not to everyone's taste but the board are a class act and even the reduction in growth projections for H2 are matters beyond their control . In short I've bought more and I learnt to trust the directors here..IMO of course.
Well someones keen to offload ....can't fathom why nut hey that's AIM for ya !
Started: chillpill1, 7 Jun 2023 09:58
Last post: chillpill1, 7 Jun 2023 09:58
Well worth a read on the AR to understand what they do.
https://crimsontide.co.uk/wp-content/uploads/2023/05/Annual-Reports-and-Accounts-2022.pdf
Hopefully it is a hidden gem. Growing at 25-30% per year. P/E of 10 for next years. High margin, low churn rate. Cash of £3m.
Management own a lot, relatively low salaries and have sold businesses before.
on board, William Currie Investments. Also Bill Currie taken a slice himself
.
Worth a look at the website.
Interims were good, too.
Nice rns. It's on the move now. Not many following this. I was not until I read this mornings rns.
Looking at the notes in the RNS we have the ex CEO concentrating on growth and a new CEO who managed her last company through to a sale. All good
I think the latest rns is very positive. The new roles are encouraging and perhaps now Mypro will start to be in demand. This needs to start growing to keep small Pi's interested. It has not to date.
A nice contact win trumping last weeks news. 12% on revenue between them. A few more of those and we can look forward to a buy out.
DYOR GLA BlaBla
Wonder if they will pist any positives.. Zzzz
Started: havealot, 3 Feb 2022 07:57
Last post: havealot, 11 Feb 2022 03:02
I've been waiting since about 2013, not sure what's changed here. Always seems jam tomorrow with this share.
Classic MM manoeuvring...
Price collapse followed a few days later by a press release for a new large contract!
Still a bargain though at 2.7p if you can wait until late 2022 or 2023.
JOLLYSPECULATOR
Thanks, I missed Whipp selling 10% and another director selling 5%. Offset I suppose by three directors participating in the Placing to a somewhat limited extend. Not sure what conclusions can be drawn from the transactions as Whipp still has a huge shareholding.
look at sales within last placing
Jollyspeculator
I see no recording of director sales at 3.0p. Large NED purchase @2.99p on 11 Oct 2021. Purchases were previously made on 23 April 2021 by various Directors. Please clarify.
Last post: spindok, 7 Jan 2022 10:59
I have been here so long i have become part of the furniture. I just keep holding them and my portfoilio would not look right without them!!
Last post: Norfolkian, 23 Dec 2021 11:01
Have been a shareholder for several years watching the paint dry.
To be honest I don't expect anything until mid/end 22, which is when their investment in the micro business end and US ticks up. Due to having a subscription income stream I can't see the sp falling (unless the £6mill investments utterly fails which is unlikely given Whipps last statement) so it is a wait and hold situation until sp rises. Definitely a better option than putting savings in a bank account given the low risk/high reward.
I've been sniffing around more stock for a while, but the price wont budge. Impressive performance today, given the across the board declines.
I wonder if and when we will get some news on Us of A progress. This really could do with a boost. in reality the sp has not moved for three years.. a target of 5p seems miles off..
Started: melloteam, 14 Oct 2021 02:36
Last post: melloteam, 14 Oct 2021 02:40
*1:00pm-5:30pm
Just to let shareholders and prospective investors know that Crimson Tide, On The Market, NetScientific plc, Avation and Trinity Exploration and Production plc (TRIN) will be presenting at the Mello Results Round-Up webinar event on Thursday 14th October at 4:30pm-8:30pm. There will be over 300 investors attending and these are very popular shows with company presentations, fund manager and investor interviews, and panel sessions. Tickets are free, click here to register:
Https://melloevents.com/melloresultsroundup/
The full programme is as follows:
1.00 pm Welcome & Company presentation by Avation plc
1.35 pm Results Review Part 1 with Mark Simpson
1.50 pm Company presentation by On The Market
2.20 pm Spreadbetting Q&A with Spreadex
3.00 pm Company presentation by NetScientific plc
3.40 pm Book Reviews with Roger Lawson from ShareSoc and Andrew Latto of FundHunter
4.00 pm Company presentation by Crimson Tide
4.30 pm David interviews Steve Clapham
4.45 pm Results Review Part 2 with Richard Crow
5.00 pm Company presentation by Trinity Exploration & Production
Last post: spindok, 12 Oct 2021 11:53
Fully agree with your comments but I held all mine because I think news will just pop up if it is good the train will have left without me. news of progress in the Us of A would be nice...
Started: spindok, 11 Oct 2021 12:11
Last post: Sophie1, 11 Oct 2021 14:02
I sold out 12 months ago as I decided to watch paint dry for excitement.
Things starting to look a little brighter now and have taken a position again.
Must show a bit of confidence. Hopes she makes more than me. Been here three years!!
Started: jollyspeculator, 29 Sep 2021 10:39
Last post: mannnan, 1 Oct 2021 16:45
All of them
#sad
Last post: farhantahir, 28 Sep 2021 16:41
Good set of results. Shame about the lack of share price progress. Hopefully soon...!
is this likely to break thru 3p anytime soon??
plenty of stale bulls/placees imv
Could be the moment the paint is almost dry!
Interims expected on the 16th
Really hoping we must be due an update soon. Even some interims. News has been very scarce since June..
Started: NurseRatched, 24 Aug 2021 20:48
Last post: NurseRatched, 24 Aug 2021 20:48
Here's an interview with Barrie.
https://www.bdo.co.uk/en-gb/plugdin/interviews/crimson-tide
Started: Ailie123, 10 Aug 2021 16:44
Last post: Ailie123, 10 Aug 2021 16:44
Nice to see buyers coming in ahead of results which should be excellent
Started: 111baker, 29 Jun 2021 10:36
Last post: 111baker, 29 Jun 2021 10:36
Bought in feb, and because it remains blue topped up [modestly] today----the USA IS VIBRANT and yes the share is undervalued, it only takes one good deal to highlight this.
The AIM shares in red will be held, although the CEO of kibo is universally condemned so I may accept a loss there.
It`s a hobby with me. my race is run, and its my kids will gain if I buy right.
Started: spindok, 22 Jun 2021 12:59
Last post: spindok, 22 Jun 2021 12:59
I am hoping a few smart in the know Us of A investors my see the potential of buying in to the uk company. They could easily get in at the ground floor..
Started: FortKnight, 9 Jun 2021 10:57
Last post: FortKnight, 21 Jun 2021 20:39
Bedex - this latest RNS is interesting. North America expansion has to be a huge step forward. Hopefully we will see a corresponding gain in the share price when contract news comes. I am going to keep holding here.
I agree FK, they are building a solid, profitable Company here which could attract the attention of a much larger outfit.
Just a question of patience in the meantime .
JMO
could be a little stealth surprise this one. - I am certainly seeing that is the case
Should be about 5p but for the past 6 months the sp has been less interesting than watching paint dry.
...after reading the annual report. Bright things ahead for this company. Might not have blockchain stamped all over it, but an interesting sector with good growth stats, reduced debts and a strong covid resistance plan to weather the storms.
Started: Panini, 26 May 2021 11:51
Last post: farhantahir, 26 May 2021 19:27
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?