Member Info for elbarracuda

FK - 56 posts last 30 days spread over 8 companies. 23 posts on Falanx ???????????

Just watched a very positive presentation by the Company. Steady as she goes but, fully expect news of more good contracts in due course

FK1 - really can't understand you. If I research a share and don't fancy it i move on. If I invest and realise that I have made a mistake, I sell and move on. If I find a share that I really rate I try to post objectively in support of it. You obviously hate Falanx ( I am heavily down here but, can see a glimpse of light at the end of the tunnel) and bash it continually. My advice to you - life is simply too short !

Pretty fixed cost base - high margin contract wins - high recurring income - Eckoh mark 2

Potentially transformational contract win

Those shares must have found a good home for the price to hold up

Don't know RN - PI cover many companies - had assumed theirs was independent research. They provide a lot of data about companies

https://www.proactiveinvestors.co.uk/companies/news/928299/iqgeo-a-growing-subscription-business-with-attractive-investor-returns-928299.html

Tracked this company for a while before taking the plunge after the recent contract win

Nice article which only adds weight to the case for investing here

Just need to keep winning contracts and building recurring revenue.

This will underpin the share price in due course and hopefully will lead to a steady share price rise over coming years

Have built a decent holding in Tide over the last 4/5 years.

Finally maybe the true potential of this Company is being recognised

Looking for a substantial rise before I will contemplate any sales

Watched a positive presentation by the Chairman earlier via the above website.

Confirmed my optimism for a good rise in price going forward

Nice 1,000,000 purchase at 2.95 now showing for 27/7 10:35

Could do with a few more buys like this !

hi andsoforth.

Have just reviewed my portfolio and picked out my holding here for a possible top up.

What first brought me in was the gluten free part of the business - see this as a big growth area

This was bolstered by £25m purchase in 9/2018 which is why the debt is where it is

Believe that when things eventually settle down on the CV front sales will return

On balance at current price and with anticipation of returned dividend in due course I will make that top up

that should have read - since 1/10/19

Hi Ismalia - PE ratio quoted on Mornigstar site is 35.59

Wouldn't worry about the contracts. Including the June one between 1/10/19 Tide have announced contracts adding circa £1.25m to annual t/o by my reckoning. 2021 t/o should benefit to the tune of around £1m. We know that the way the business is geared a good %tage of new t/o should fall to the bottom line so I am confident of great results again for this year even without any more contract wins.
Given that the contracts range from 36-60 months recurring income and forward visibility of earnings just keeps getting better.
Rest assured the Tide will steadily rise !

Hi rufie.
Came across this company yesterday whilst sifting through further software companies to potentially add to my portfolio

Shortlisted 5 to research in depth and this and Pelatro made it onto my buy list.

Like the growing turnover, high level of recurring income, strong balance sheet, percentage of shares held in big holdings, low mkt cap, current price in relation to 1 yr low-high and recent Director buys

For me Pelatro also ticks lots of these boxes so if you have already checked that one out you might like to

Also, if you check out my posts, you will see I am a big fan of Crimson Tide - proving to be a very very slow burner , but ..

I am thinking maybe 30/4 and expecting a rise in t/o and profits based on half year position and contracts won over last 12 months

Hi Scamp. What makes you think that ?

Hi Sadiq - rest assured I have done a lot. I am heavily invested in the Tide coming in - just when it continues to stay out I sometimes think that I have come to the wrong conclusions