Sopheon Share Price (SPE)

Well the little rise is good to see. Back in April the NT has a tp of 800 which we've now passed. Wonder if we can get to £10?

is due for the year just ended. Hopefully this flurry of market activity is a positive marker. This was the Chairman’s Statement back in August, wherein he underlined the company’s resilience in the face of the Covid crisis:

Sopheon's Chairman, Barry Mence said: "Several of Sopheon's vertical markets - food, beverage and consumables; chemicals; defense - continue to show resilience to the crisis. However, our customer base is not immune to the difficulties faced by the general markets. Like many others, we withdrew market guidance in May, and in view of the traditional fourth quarter weighting in our business, we believe this remains a prudent approach. Nevertheless, our solutions remain highly attractive to new and existing customers. This is evidenced by revenues slightly ahead of last year, and by continuing sales traction with a doubling of new customer booking value, including major commitments like our recently announced win at Mondelez International. This also underlines that our SaaS transition is well underway. Visibility for full year 2020 is $25.5m, underpinned by ARR at $16.5m, net cash at $21.9m and a substantial, active sales pipeline - even in the toughest environment in decades, these positive metrics give us a solid platform from which to proceed with our strategy."

I think there’s reasonable expectation for good full year results and an improved outlook for the new trading year.

Finally waking up !

Well it seems now to be stuck. No insights into the state of play that I can find.

Well it seems to have turned a bit of a corner, although the spread is ridiculous.
Surprised SPE isn't followed very much here as it's an NT favourite.