Member Info for Dibs61

Yep looks like it doesn't it. B*llocks lol! I can't complain though I've done pretty well out of this so far.

Hi Paisley, sentiment I would guess. This share has entered a bit more into the public domain. COMS (I can hardly say the name without smiling) is in a similar space so that could be a factor as well (if people are doing their homework). I'm not back in. Itching to be back in but need to find the funds as I couldn't help redirecting my SNTY proceeds last week elsewhere. I don't tend to keep a large cash float so I have to move things around/take profits or whatever. I'm trying to be patient and hoping it will retrace to give me a decent re-entry level but I have rather forboding feeling about it!!

Maybe an order being filled or MM's quite liquid with stock? If sentiment is switching it'll move up. I've got this in my ISA now as I'm interested in the technology and would like a small stake in it in a part of the world that wants it and would accept it. Long term hold for sure.

Never mind a nap I think we need to be cryogenically frozen for 100 years Austin Powers style and they can wake us up when the turbines are finally flogged.

bjp1 - it's been going on for some days mate. A lot of buys going through @ 3.50p. Definitely something fishy going on.

People are loading up here under the radar. Naughty. Very very naughty.

Paisley - I think we're going to have a very exciting ride with COMS. Do some research on them and I think you'll see what I mean. They have a young, hungry, ambitious boss at the helm. Very innovative as you will discover from researching. One other thing, after I bought in I looked at their Facebook page which was empty. I posted a comment like "Come on COMS get your name known on here. Within 10mins someone from COMS had posted back saying something like "Watch this space David, exciting year for COMS". They weren't kidding were they?

Thanks Paisley but as you'll be aware of these things they can be quite fortuitous. I was posting on the SNTY BB on ADVFN and another poster mentioned COMS and that they were operating in a fairly similar field. So my thanks should go to that poster for bringing them to my attention. I had a look, did some research and was soon convinced an investment was a must. I would add that, like SNTY, COMS has a LONG way to go yet. A near on 100% rise today is not the end of that story, it's just the beginning. Plenty more money to be made there IMHO.

Already bought into COMS on Monday mate. I mentioned it on here the other day. My second multi bagger in the past week by the looks. ;-)

Where I mentioned about the possibility of a placing. You can see this has been put into place now (should the company decide to proceed) in Resolutions 6 & 7 voted through today. Resolution 6 now gives the company the authority to issue shares and Res 7 effectively removes the right of ordinary shareholders to have 'first refusal' of new ordinary shares issued. Just a technical point but I thought worth making. Personally I wouldnt be the slightest bit bothered if they do. The market might have a little flinch though. With only 4.93m shares in issue even if they issued another 5m wouldn't make a hoot of a difference and raise possibly a cool £12m in the process to beef up the balance sheet!

Interesting you should mention that because SC indicated there could be one or two interesting new products in the pipeline ..... But not sure exactly what they will be, he clearly can't provide details but he seemed quite excited about them.

Nah you lot aren't getting rid of me that easily! :) Like I said I like what I see with this company and nothing that was said today changed my mind - longer term. I came away enthused which may sound bizarre when I actually sold. I could have held but although I am a serious investor I also have a traders instinct and I just feel a retrace is likely and there could be some uncertainty if word gets around about the possibility of a change of direction which would require a cash raise. We will see, if not, egg on my face and I will have to pay more to get in again. One thing I would add is that I think IF (note IF) there was a placing the city would be biting this lots hands off for shares. Sure it would be massively oversubscribed. I want to make sure SC's words aren't misconstrued though he clearly said it was all up for discussion. And if it happened it wouldn't be the dreaded 'working capital', this would be for genuine aggressive expansion. Be very interesting to see what they decide upon but whatever they do decide I will support them because I have trust in them. They currently have, I think, 24 employees so still very young company. I bet its fun working for them, be like a little community/family everyone knowing everyone else. Graham Ward is another interesting chap. He's a non-exec director with a lot of previous relevant business experience. He explained to me that they, as a company, were in their early stages of developing an organisation. I got the feeling he was trying to say 'look, don't expect too much too soon, we may have growing pains!' He said they have to build up all the usual functional areas like any enterprise such as finance, HR, marketing, sales etc and the point was he was essentially saying this is all work in progress. He sounded like a guiding hand to them to me. I can see parallels in this company for another company that I worked for that grew from being run above a shop into a £100m+ consultancy that was eventually sold to a multi national. Slightly different is that this was essentially born via a RTO of Zenergy by Synergy which was a private company but you get my drift..... Very interesting company this. Finally, as for seats it was indicated to me by MS that it was in 'four figures' currently. I suspect growing quickly though. Hope that answers your question. ATB

I asked MS who their main competitor was and he said NewVoiceMedia who have actually been around for about ten years. Without being in any way disrespectful towards them he said that he thought that SNTY's products were better and that he was confident about competing with them in the marketplace. All in all a very productive and informative session as far as I am concerned. I took the decision immediately after the meeting to sell my entire holding FOR NOW. Reasons for this: 1. I have already made a massive profit and it is always good to take a profit and now just seemed the right time. 2. Although I admire the BOD's candidness and honesty about their future strategy dilemma I thought it could be possible the market would see this as an indication of short term uncertainty and possibly (POSSIBLY) the prospect of a placing. Markets, as we know, do NOT like uncertainty. 3. The SP has risen so fast and so far with no retrace I am making perhaps a calculated gamble that it WILL now retrace. I could be making a bad call but we shall see. I want to emphasise I am in no way bearish after the meeting. This is a cracking little company, a real good 'un. I fully intend to hold the funds from my sale here and keep them aside to buy back in again. If I can get in lower, great, I get more shares. If I have miscalculated and it continues its move northwards I may have to bite the bullet and accept it because I am VERY keen indeed on this company. I see so much potential here. ATB guys and IMHO don't worry if this drops back a bit because as long as you are prepared to hold for a while I am convinced you will be richly rewarded. And I WILL be back in!

Firstly, it was great to be there. I got a lot from it and it was well worthwhile the time and money. Met a few other shareholders and we all agreed the SP rise has been astonishing and 'defying gravity' was one phrase coined that I recall. After the usual formalities of a typical AGM there was a Q&A session. I, and a couple of others asked a few questions: Q: Have they any intention of moving into other software applications to exploit Cloudcall other than just CRM? A: Basically, yes! Q: How does their Sales model work? A: Typically they integrate with a partner, Cloudcall is offered to the partners customer as an add on. If the customer is interested Synety are invited to bring the sales people in and on from there. There is not a lot of direct selling from what I can see ie.approaching the customer directly. If it is a new prospect customer for the partner Synety can be invited to present with the partner. Q: Have you approached SAP as a partner? (I am keen to see this happen) A: (Simon Cleaver smiled and did I detect a flush?) They are interested in all the majors as partners and I took this answer as meaning this is definitely in hand. Q: Can you explain the astronomic increase in SP? A: (Simon Cleaver looking even MORE embarrassed and definitely a flush!) I KNEW someone was going to ask that! (He said) and tried to rationalise it by talking about the low amount of shares in issue, tightly held etc etc but little other explanation. Afterwards I had a decent chat with Mark Seeman and Graham Ward who were both very helpful and happy to answer questions although I put them in a tight spot once or twice asking questions which were a bit market sensitive and they were careful and professional as one would expect in their replies. Key issue to arise from meeting was that they clearly now see themselves at a crossroads. I think this has come about for two reasons. 1. The success they have had with integrations and, I suspect, a decent amount of take up of seats. 2. The rapid SP increase. Why have they got this dilemma? Well, they have to decide whether to continue with their established plan of bringing profit to the bottom line asap within the confines of how they currently operate. OR do they raise cash to expand more rapidly? As Simon Cleaver put it "there is a big fish on the hook" and do they go for 'land grab" now or wait and continue as they are. That is the discussion they will be having over coming days and weeks. I put it to Mark Seeman that it was a 'nice' dilemma to have but I think they are conscious it is a very important decision for the future of the company and I suspect it will be given considerable thought. Moving into the US was another topic mentioned. They are cautious about this as many moves into the US for various companies (some much larger) have been disastrous. It isnt to say they wont do it but they may try and do it from the UK. TBC

Hi Paisley, good post. Very good post. Particularly your calculations on the seats and the numbers of seats you are quoting. Realistic I would say at the current moment.

Just on my way back now. Very good and got an opportunity to quiz the BOD. Had a pleasant chat with Mark Seeman and George Ward afterwards. Both gentlemen and very willing to talk. Will post more later.

Looks like another BLUE day here. Off to AGM shortly. WIll report back later.

O/T If you are thinking you like this one you might also want to have a look at COMS. Similar technology but different product and targeting different markets. Very exciting company with very ambitious growth targets, very innovative and entrepeneurial boss Dave Breith. Picked a few up there the other day and will deffo be adding further. Another one thats currently under the radar. Yet to see a mega rise like SNTY.

Volume 61,325. Might not seem a lot but it's actually over 10% of the free float. Yet another fantastic day. The mother and father of all reratings. How much further has this current run got to go before a heavy bout of profit taking sinks in? That's the thing. I'm not sure there will be a terribly heavy bout because so few shares available and any that do come on the market are soon snapped up. We shall see. One thing I feel for sure is that medium/longer term this is going to be much higher than where we are now. The reason? Rapid growth and recurring revenue. MC still less than £12m and for a company that is already generating cashflow and gaining customers all the time there is plenty of upside. For a nearest comparator that I can find is 8x8 who are valued at $537m currently. Clearly they are well ahead of SNTY in terms of their growth and development but gives an idea of where this can go and how big it can be. Remember VOIP technology is really just getting started and many companies still use traditional analogue telecommunications. I'm rambling now I know but I think that as SNTY grow and evolve so will their product offering and I firmly believe they will move out and beyond simply targeting CRM applications. Thats enough for now.... :-)

I'm heavily into WSG too! Licking my lips for that one but seems to be an eternal wait for PF to produce that elusive transformational contract from Africa. Patience. Thanks for your congrats, much appreciated. Would be good to see you over here sometime when you have bagged in WSG. This one has much further to go so I don't think it's a case of missing the boat but clearly at some point there has to be a proper retrace. The question is when!?