Member Info for EJL7

MatthewC- I'm with HL. HL is paid the dividend in euros and then converts this into £. So check with your broker. Should have nothing to do with the LSE. But I can guarantee you that the conversion rate will not be great, nothing you can do about that. Hope this helps.

Check this note from Hybridan- http://www.hybridan.com/HybridanSCW/?small-cap-wraps/2015/02/03/3rd-february-2015 Company has been increasing its footprint steadily-Thinksoft now bedded in; U.S. going well: mentioned to me last year that expected to push more in the UK; and now Italy. Good solid performance-share price a bit illiquid so tough to gauge from that.

Here's your reason for share weakness in last week or so. MM's took share down close to 30% so that they could accommodate the 4 million share seller-expect to see RNS on Mon. So it seems that the institutions get ripped off just like the pi's-also just highlights the illiquidity of the share-keep this in mind!

Hi Schiff-long time. Emailed Tavistock with concerns about sp fall, wondering if they were aware of anything. Received email back stating the following: "We are not aware of any company specific reasons for the share price performance. As you know, the Interims RNS only a few weeks ago in early December reported strong gains across all operational and financial metrics, and confirmed that GKO remains very optimistic about the sustainability of its operational and financial performance. Following the change in its financial year, we would expect GKO to report results for the year to 31 December 2014 before the end of March 2015. In this regard, we understand that house broker Arden’s forecasts for the 9 months to 31/12/14 are revenue of US$97m, operating profit of US$59m and adjusted PBT of US$30m, and for the 12 months to 31/12/15 their current forecasts are US$185m, US$126m and US$61m respectively." Hope this helps. The Indian market has been on a tear, so my hunch is that the sharp drop in oil is making alternatives less competitive.

Paul Scott discusses the trading update- http://www.stockopedia.com/content/small-cap-value-report-19-jan-2015-pmp-sprp-tht-90508/

CM- Agree-will have to pass also-price has run away from me. You might want to take a look at these 3 longer term holdings of mine-just ideas(sorry O/T) SQS-the world's largest supplier of independent software testing and quality management services-but not at this price-maybe 5-10% lower SPP-one of Europe's leading home safety products suppliers-again at least 10% lower, and GKO-the Indian developer, owner and operator of clean energy projects, look around 140 If I can help with any background-will try. Good luck.

CM- First regarding QPP, think they’re a spent force for awhile(hopefully the QPP board doesn’t read this). They do, as far as I know, still provide telematics services(thru CCS-Connected Car Solutions) to CAA SCO in Canada(agreement signed last April)and elsewhere-see this: "Quindell is a global leader in the provision of full end-to-end telematics services, offering both usage based insurance and behavioural based insurance solutions. CAA SCO will be using a full suite of Quindell solutions including the provision of devices, network connectivity, product platform, systems integration, logistics, mobile applications, data analytics, call centre services and consumer-facing interaction. This broad offering will enable CAA SCO to launch their service bundle quickly, with a broad range of services. Quindell is able to implement all aspects of a telematics program within 8 weeks." But it seems that QPP is so stretched on all fronts, not expecting much competition there. BTW-CCS used to be joint venture with RAC, but QPP bought RAC out in April, 2014. RAC has Risk Telematics UK-which I believe is a joint venture/or bought from Risk Technology-which does more IT/software based support instead of black box. Innovation Group(where Rob Terry of QPP originally started) does more software based telematics vs. black box. See this- http://www.ft.com/cms/s/0/a1a50edc-67ef-11e3-8ada-00144feabdc0.html#axzz3JQ9yNyfH QTX does the black boxes & all the IT platform behind it. Sorry above is a bit disjointed. My impression is that the telematics ‘space’ is constantly changing & not just a tussle between black box & handheld/smartphone. As for QTX more fleet based than individual-think so but would love to know the ratio. BTW-didn’t realize Wunelli is a telematics data services company based in the United Kingdom-thought they were an insurer-sorry. As for QTX entry price-I’ve had same problem. Don’t like to chase either. But as we said-there’s very little free float-so will be a problem getting in. ATB

CM- Sorry for delay-have been trying to look into competition but no luck so far-will keep trying. Telematics is big but listed in the US. As for your figs-agree-good job-at 12X reasonable & could probably be pushed to 15X for P/E as you state. Just concerned a bit as I said about the 1 large customer(Wunelli)-but they are expanding both in France & US so should spread revenues more. Note this from the June '14 interim report-p. 63 "Insurance telematics sales are therefore considered as a hardware sale with relatively little scope for long-term service revenues. The attraction to Quartix of this market is essentially in the economies of scale it brings to the fleet business, the relationship enjoyed with key suppliers and the opportunity to develop innovative technology in the field of crash detection and driving style scoring which may then be incorporated in the fleet product offering."

Have read some of your posts-like your approach to AIM. I'm also watching this-was not able to get in on IPO day-too little stock around & too wide a spread. Realised too late was worth just taking the offer, so stuck waiting for this to come back. Have read thru offering memorandum-a few things stick out. Free float-30% of 46 mill.-so about 13.6 mill. shares-very tight! Out of this-Miton, Ennismore & Black Rock hold about 8 mill. So leaves very little left for us. So think spread will remain very wide as MMs will not have much stock. Company says 50% of free cash flow to be paid out as dividends-nice 30% of revs come from Wunelli Insur.-so will have to discount valuation for this. Naked says @ 116p-came out under 12X-so if they make 6 mill. approx. by end '14-at 153 about 25X. Too high for me. Take a look at this article- http://www.techmarketview.com/ukhotviews/archive/2014/11/07/quartix-rises-14-on-aim-launch I know Quindell(who doesn't these days?) so not sure about them-but worth thinking about telematics space-would appreciate any thoughts & would like to get some discussion going here on the bb. P.S. If weather like no. London where you are-you must be waterlogged!

I believe the first question to ask is: Why has Blundell, the CFO, sold all of his stock?

Listen to this quick summary of SPRP-starts at 09:52 on recording. http://uk.advfn.com/newspaper/justin-waite/28832/listener-tip-of-the-week-is-sprue-aegis-sprp-plus-don-t-buy-qpp

Just in case this was missed- http://www.spreadbetmagazine.com/blog/sprue-aegis-is-james-faulkners-small-cap-of-the-week.html

Be careful guys. The sp besides reflecting company fundamentals is also affected by macro conditions. The main international stock indices have been weak/US called sharply lower today. Remember they're wealth managers-lack of confidence in markets will affect their assets. Also technically, sp has broken 200 day moving average, so could have a bit more to go. BTW-I hold shares for long-term-so can be patient. Reff-how r u? GLA

http://oilbarrel.com/news/poweralternatives-tyratech-raises-3-5-million-in-oversubscribed-placing-ahead-of-uk-launch-of-its-head-lice-products

Website- Tip TV then look under CEO interviews-you'll see for Alan Reade. Sorry for delay in replying.

www.***********/archives/tip-tv-highlight-alan-reade-21-07-2014/

Interview with Alan Reade on TipTV- http://www.***********/archives/tip-tv-highlight-alan-reade-21-07-2014/

Sorry this late guys-a busy day. Will add just a few odd comments as the RNS, media & website say most of the stuff. So-Keith said their target production is 500 bbls/d by end of year. The 3 non-exec directors on the board: Murphy, Gibson, & Lanaghan-he spoke very highly of them & said they were appointed for their expertise in guidance to production. Keg River is a redevelopment play for the main reason that oil prices are much higher now than when previously drilled. There are over 800 pinnacle reefs in the area and with using 3D seismic, much better chance of finding oil. Well 16-19 is a 3D well. The 3 wells he expects to drill over the summer-the infrastructure is already there. Only problem with summer drilling is that the ground gets real soggy-almost marshy. Keith was quite insistent that they'll raise their oil recovery rate up 5% up to about 23%. Italy-our favourite subject-was able to grab him only for a few minutes in between-said that ENI is now producing oil in the region. He really does think that the Italian environmental minister is going to go thru the applications. He does sense a marked change in the government-but this will take in his opinion at least 3-6 months to look at their application(but don't hold him to this!). NOP is looking to farm out both Cygnus & Giove as soon as they can. Sorry can't add much more. Keith seemed satisfied with progress so far in Canada. The crowd seemed to know NOP but I was surprised very few questions.

Directorstalk dot com

I'm giving up-on *****************-search for NOP-then 4th item down.