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6 months is a long time in SMRT. No doubt LTHs are feeling more positive and a lot happier at how FB and his team are now managing things here. I'm sure that you will want to join me in wishing them all a Very Happy Christmas and a Prosperous New Year.
Hi Surrey Shark, It's 186p in new money or 1.86p in old money partly due to a big tranch that I bought at 6.92p.
I understand that Smartspace Software was featured on MelloEvents on 14th December with some 500 investors attending the evening webinar. I did not see it myself therefore cannot say myself if the panel was positive or negative, but having researched SMRT on Twitter I discovered some posts about the event on Twitter. The event was advertised here: Https://melloevents.com/mellomonday-14th-dec/
@Glasshalfull’s take on it was as follows:
Positives:
Valuation fully underpinned through Swipedon + £5/6m Net Cash
distancing
Sale of loss making Enterprise Division (cause of historic profit warning)
Strong growth in ARR (+157%) & ARPU (+54%) in 20 months to end Sept 2020
High gross margins (88%) & eventually high EBIDTA/FCF margin from the new SaaS model
NPS of 60+ … & UK’s No1 SaaS salesperson joined Swipedon in the summer
Space Connect DA with Softcat, ESCO & building out global channel partner network
SC/Evoko Naso – 2 yrs development spend complete…revenue taps turned on!
CEO’s track record as Dotdigital (ARPU +1400% during 8 year tenure)
CFO awarded options recently that only FULLY VEST if SP reaches 500p
Negatives:
Number of false starts (divestment of business)
Competition
Structure & Complexity
Iliquid share
No forecasts in the marketplace
Micro Cap (only 30m mcap) – may not attract Instutional Interest (Mcap now 40m)
Tonights Double-Act are sizeable holders & talking their own book!!!
The presentation was by Gordon Jones (@Glasshalfull) and Alan Charlton
To read more information just go to Twitter and search #SMRT
I see that at least one person who posts here has already been on Twitter and asked some questions!!
I don’t mind someone questioning my posts if there is a genuine reason. However in recent years the only time you ever appear on here is to have a dig at me. Its not a coincidence that no one else does.
You may be “All knowledgeable “ about price monitoring extensions but there will be people who read this forum who are not as knowledgeable as you are and may well benefit from reading the information on the link I provided. As I said before we have never, even since the days of COMS, had 4 PMEs in a day.
I thought that the reason I mentioned ZOE would have been obvious to someone as omniscient as you. They are another small company that has had a very large number of PMEs in the last 4 months and whose SP has seen some big rises similar to the one we had today. Of course it may not always result in rises and could even result in falls. Time will tell.
No posts on any forum should cause any damage to any investor as no sensible investor ever buys shares based purely on a post by one person on a forum. Surely someone of you immense intellect would not do so. I would have expected that you would DYOR first. I also said the same thing to you in a post about 3 years ago.
You are surprised at my average. It was not helped by buying a large amount in April 2014 at 6.92p. But for that, it would have been a lot lower.
All of us invested here from DB’s days are hurting, some more than others. But hope is still alive. FB is doing a good job in turning the company around.
There are lots of posts that I too find unhelpful but I dont choose one particular poster and attack every one of their posts. That is trolling and that is what you are doing.
You know full well how to read all of another person's post. Yet you expect us to believe that you just happened to be reading one of the thousands of recent posts on Metro when you happened to see one of the few that I have posted there.
Please get yourself a life and leave me alone.
It seems that trolling me gives Kit Kat some kind of a buzz. I wish she would just enjoy the rise and stop the sniping.
I didn't explain what they were, the article does that.
I take it that ZOE is not on your watchlist.
Please don't feel the need to comment every time that I post on here.
We've had 4 of these today, this explains what they are:
https://aim-watch.com/project/price-monitoring-extensions-explained/
They are extremely rare here, in fact the only other time that we had 2 of them was on 28th April this year.
ZOE has them regularly and its done no harm to their SP.
Yes I've been here since February 2013 and bought more later that year and in 2014. Then also participated in the open offer at 0.5p so have a very large holding with an average of 186p
The SP increase and buying over the last 3 sessions suggests that news may be about to drop. Here’s hoping ??
It may take along time before we ever return to the highs of 2018 but even a quarter of that figure would make most of us here very happy. I’ve massively reduced my average which was a no brainer.
Matlot,
Either you a primary school pupil who knows NOTHING about English grammar, or just extremely uneducated. Either way, nobody on this forum is going to take seriously someone who cannot even put together a properly punctuated sentence.
With my Cynic’s hat on I can’t help but think that the City boys saw it coming and got in ahead of the announcement.
I’m still waiting for the news regarding ESCO closing the deal with an international pharmaceutical business operating out of Singapore, which was mentioned at the bottom of the RNS on 24th September.
Kitkat
I in my post below I stated the price was "in the low 30's towards the end of January" and you state "the price wasn't that low in January".
Using the LSE Charts Link above you can check the price on any given day in that period once you click on the 1 year chart tab. If you do this you will see the following if you move your mouse over the chart:
On January 23rd and 24th the price was 32.5p
On January 27th - 30th the price was 31.5p
On Janury 31st the price was 31p
Therefore this PROVES BEYOND ALL DOUBT that the SP was "in the low 30's towards the end of January" as I stated.
You keep harping back to the past. We were all lied to in the past and ended up getting stuffed.
For goodness sake, look at the where the company is now and where it is going rather that on all the mistakes that were made back in 2014. Also is there really any need to try and find faults in every post I make. Unfortunately as the above proves you failed to do your homework this time and got it wrong.
A&K's Partnership with XY Sense may to some degree explain the recent upward move of the SP. The divisions of SMRT certainly seem to be active, which is encouraging.
KitKat,
I'm not being silly at all, just stating the facts.
The SP was in the 20's a month before Lockdown in March and in the low 30's towards the end of January. The fact remains that from its lowest point it has risen 570%, but I guess there were few who would have had the courage to buy in at that point.
We can all work out what our holdings would have been worth at that point 6 months ago when the SP was 14.5p and I have no doubt that we are more cheerful about their worth today. Cheer up my dear.
I wonder if there is anyone on this forum who bought in the teens or the 20’s? I haven’t done any trading for a year as my broker SVS went into administration and it’s taken over a year for the Administrators to sort out the mess and place my holdings with another broker.
Although there has been moderately decent News in the last 6 months the 570% rise from 14.5p back in April does seem quite extraordinary, not that I’m complaining, having held from the COMS days back in 2013.
Not since the days of DB have we seen this sort of rise and hopefully this time it is based on substance, productivity and real progress. It’s surely better to have seen a gradual rise this time rather than the spike seen in January 2014.
Hopefully more Contract news will soon be forthcoming which will shed more light on why we are where are and also where we are heading.
This was clearly a buy not a sell as the spread at 14.48 was 73/76p. Surprising to see this further rise without another RNS.
Their Previous holding was below the disclosure threshold, according to today’s RNS. Therefore it was below 3%, how much below we don’t know, but for it to reach 5.276% they have still taken a substantial new chunk.