Member Info for BTFATH1

For a colossal rise just come back from the school run and assessed the trades since 8am.

Personally think we could see 50p plus very very shortly

Following the departure of former CEO Hamp Wall (announced 10 January 2019), new CEO Tim Sykes has initiated an in-depth review of the Group's US and European operations in order to ensure that the Group's resources are focussed on the considerable opportunities open to it in those territories and the Board looks forward to sharing the results of this review with shareholders and expects to provide an update within its interim results, scheduled for 29 April 2019.

The last rns and the annual report of this company and draw your own conclusions that trading statement deserved a 25% reduction tops it ended up at nearly 80%.

Bring on this week

Busy Sunsay with the family sorry for the delay. yes we have done very well lately :-) the best profit of late was mtfb with 95% in a trading day so fairly derisked here.

Mcls is starting to take off as we thought, my biggest part of my portfolio is quiz which is a year hold plus for me.

Really like the look of this one and reckon this will absolutely rocket from this level over the next few weeks.

All the best bud

80% in two trading days and some are saying another 20% ya are kidding me aren’t you :-)

Once the TR1 arrives this will go ballistic I can see 50p-55p by Tuesday with ease.

Read the rns this was not a profit warning, they have lots of cash making huge profits relative to turnover, third of net assets and trying to claim a share of a 250 billion quid market.

The hedge fund is just derisking as the sp had gone below their threshold.

More to the point who is buying :-)

The link http://www.altfi.com/article/5114_payments-firm-lands-20m-from-hsbc-as-it-rolls-out-fast-settlements-network

They have a clear plan the new ceo is going to update at the end of April

Right off for a run and then golf in the sun bye all

Particularly the last sentences

The Board is pleased to announce that it has secured a specific committed facility provided by HSBC UK of £20m to support the delivery Group's APF, a solution that it is presently developing. The facility is non-fee and non-interest bearing until drawn. The APF will enable the Group to fund early payments against approved invoices for suppliers to its buyside customers. The Group estimates that the annual spend of its buyside customers is more than £250bn and the Group is working with certain buyside customers to create an early adopter programme.

Yes not often opportunities come around like this and for me to triple up is rare :-)

The market has got this completely wrong and I urge everyone to read that rns and come to their own conclusion. A 25-30% slide yes a 80% slide you are having a laugh.

Fully expecting 65p plus very quickly

Financial highlights:

§ Reported revenue increased by 106% to £52.2m (2017: £25.4m)

§ Annualised Recurring Revenue1 has increased by 100% to £45.1m (2017: £22.6m)

§ Adjusted2 EBITDA increased by 119% to £17.3m (2017: £7.9m)

§ Adjusted2 operating profit increased by 205% to £13.1m (2017: £4.3m)

§ Statutory operating profit was £4.9m (2017: loss £2.6m)

§ Adjusted2 profit before tax increased by 186% to £12.0m (2017: £4.2m)

§ Adjusted2 earnings per share increased by 18% to 10.6p (2017: 9.0p)

§ Statutory earnings per share was 5.4p (2017: loss per share 5.9p)

§ Adjusted2 Group net free cash flow increased by 166% to £8.5m (2017: £3.2m)

§ Net bank debt3 of £29.3m (2017: net bank debt £0.9m)

§ Increased proposed final dividend of 1.5p per share (2017: 1.4p)

Commercial highlights:

§ Total contract value ('TCV') signed increased by 75% to £12.1m (2017: £6.9m)

§ New name volumes increased by 19% to 64 (2017: 54)

§ Upselling volumes increased by 3% to 113 (2017: 110)

Operational highlights:

§ Integration plan complete

§ Net annualised cost savings of £5.1m realised

§ Buy side growth teams for US and EU market segments in place

Strategic highlights:

§ Strategic acquisition of Perfect, completed 4 August 2017

§ Three-year revenue CAGR accelerated to 45% (2017: 36%)

§ Proactis is now fifth largest procurement solutions business by revenue, globally

Wow wow and the rns yesterday did not even mention a downturn in profit just growth

I urge everyone to read that rns at least 3 times does that deserve a drop from £1.25 to 38.5p in two days.
My bloody word this is an absolute steal at this level.

Check the ebitda out for 2019 it is more than half the market cap.

The new ceo kitchen sinked it but the kitchen sink was actually pretty good :-)

Rerate to 60p plus coming very very quickly

Finish, attack on 50p plus early next week have a good one all

Goes the bounce will be mesmerising

:-)

50p will come by Tuesday. The big boys will start topping up or could it attract a takeover highly likely at this sp.

Very happy to hold large sums as they lots of cash a great banking deal strong profits and a market cap a third of Nav.

Expecting more Director buys shortly as well

Seller is clearing broker note if 2 pounds less 3x less than Nav ebitda of 8 million and lots of cash plus a drop from £1.25 to here.

This is being held deluxe the real rise will come after lunch imo

Should push through 44-45p soon

50’s this afternoon

Blue in the 50’s

Down to the low read the rns it deserved a 30% er