Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I applied for my entitlement yesterday and a small excess in case it is under-subscribed. I could have applied for a larger excess but it seems pointless to tie up too much capital when the open offer is clearly going to be hugely over-subscribed. Very much looking forward to the quarterly trading update on Monday! O/T - does anyone here have any thoughts on Seeing Machines (SEE)? I have had them on my watchlist for years but have only recently committed the time to do some detailed research, and it has led me to take a small position whilst I continue researching. If you haven't looked into them I would suggest doing so as they could be a very good medium to long-term investment, but DYOR!
just 2 small(ish) trades on isdx today so far, and none on lse, so its nice to see the SP holding at this level. The charts show that the SP is now in a strong upwards trend, and FWIW I believe we are only a matter of days away from the key short-term level of c.350p. At this point we could either see some profit-taking pushing the SP down to test for support points, or we could see the SP settle just below for a few days, until the buying pressure builds up again (bound to be further +ve news some time soon) and then we could blow through 350 and see a spike of sorts, then a retrace back to c.350p. This is just my read on how things could develop, and bare in mind we have the results looming which could create some real hype if there is positive news on developments in the US. Still holding strong! ATB
I did say around that time that this was easily worth £25 mil+ and that 250p would be achieved fairly easily, and then 350p would be on the cards ;) at least you kept some freebies to ride though. If this continues to climb at this steady rate, and closes above 350p then finds support at that level, I will sell whatever I can find to trade this from 350 to £4+ as I think the prospect of a short-term spike will be to good to ignore. However I expect that c.350p will act as a significant resistance level in the short-term, and SP could consolidate between 300 and 350p for a few weeks before the next move. The above is all but irrelevant to long-termers who could be sitting on a £10+ share sometime between 18 months and 3 years from now, IMO. GLA
Your buy was impeccably timed it must be said! I thought I did well buying some sub 150p! The chart is certainly throwing some shapes our way, and I like the look of them so far! Did you need keep any free-runners when you took your profit?
looks like a breakout to me, SP being marked up significantly on very low buying pressure, and no significant resistance points now on the run up to c.350p. Anyone see any differently? Hold tight and enjoy the ride is my approach, and its been a hell of a ride so far! GLA
good volume on isdx again today for SNTY, and several buys at 321p, bodes well for the coming days and weeks with seemingly very few holders interested in taking profits at this level. I'm holding until we see some dividends, or at least a serious multi-bagging of the SP from the current level! GLA
I said not long ago that the SP could move to c.350p on very little buying pressure based on the my TA and the tiny number of shares available for trading. It seems to be doing exactly that, and I still expect c.350p by the end of March. Once this goes above 350p we are in uncharted territory, and therefore the SP becomes more difficult to predict, however my guess is that we could move along the lines of 350, 300, 390, 350, 420 or thereabouts, but please take these "guesses" with a large pinch of salt, and DYOR! The fact is i'm not trying to trade my holding here, as its too volatile and there is too much positive newsflow, but if I had spare funds I would top-up despite the SP now more than doubling from my average, and despite the fact that SNTY is now by far my largest shareholding by value. Very strong hold for me!
from the trading update on 7th January: "We have a compelling offer for both CRM companies and their end-user customers and have a clear first mover advantage. We are also beginning to see local demand in the USA, the world's biggest CRM market. I strongly believe that these numbers robustly illustrate the markets appetite for CloudCall and our team's ability to deliver. We anticipate growing sales very strongly again this year. All the Board are very excited and remain confident of our prospects for creating a scale player in this emerging market." I like the ambiguity in that statement re: local demand in the US. Play down expectations, rather than hype up prospects, and hopefully SNTY will be able to "exceed market expectations" once again. Sound management IMO.
Dibs61 - do you agree that SNTY are unlikely to inform the market if they start selling to end users in the US through one of the already integrated partners active in the UK? Therefore we could already be selling and growing user numbers in the US. Now that would be a nice surprise to see in the prelims, expected by the end of March!
Dibs - Maybe Commerzbank just wanted to secure a decent sized holding in SNTY before announcing that they are rolling out CloudCall throughout their entire organisation?! Said with tongue firmly in cheek, however I don't think we can rule anything out with SNTY now! I'm really looking forward to hearing an update on the activities in the US!
The key psychological level of 300p has now been breached today, and I personally see very little potential resistance on the run up to 350p previous high. I'm glad I didn't try to be clever with this shareholding, just started buying when they were serially undervalued at sub 150p, and held strong. I did consider selling out to buy back lower after the charge to c.250p, but the value proposition and the expected positive newsflow, combined with the very low number of shares available for trading, convinced me that this is a buy and hold share. I still feel that SNTY should be valued in the £25-£50mil range based on current integrations and the rate of growth in the KPI's. £25 million equates to a shareprice of approximately £3.90 and I genuinely feel that price should be achieved by the end of March, maybe April if newsflow is a little limited in that time. You see on so many BB's people predicting the SP will reach £1, £5, even £10 (usually expected by christmas or the end of the year!) and generally the SP won't even get close to those targets. I have no idea where the SP will be by the end of this year, or the end of next year, because it depends heavily on newsflow and growth in KPI's, as well as the prevailing number of shares in issue. My hope, however, is that the market cap will have exceeded £120 million by summer 2016, and I'm sure you can all do your own sums for what SP that may equate to. This is not intended as investment advice, so please DYOR!! GLA
I did see your post re: owing me a beer, just didn't have the time to write a sensible reply! I certainly still owe you for IMM, which I believe could be about to blow again any time soon, so we will have to link up somewhere sometime. Where abouts are you based? I'm a south coaster which is bound to make life difficult! Have you got your eye on anything decent looking at the moment? I'm looking at a few interesting co's but not buying atm. ATB Faz
I haven't posted on here for quite a while as I've been committed to a couple of major projects, but it's great to know that you have thoroughly researched a company and its prospects, and can therefore forget about the day-to-day SP movements. I predicted in October that once the gap filled up to c.230p, it would rally to 250p shortly after. I also stated that once the 250p resistance from the summer peak had been breached, there would be very little resistance on the way up to previous peak of c.350p from April. I actually expected the SP to consolidate in the 230-250p region for a few weeks before starting the next leg up, but it seems like the interest continues to grow in SNTY, and the SP continues to be driven north. I had planned to sell a chunk of my SNTY shares at around 250p and wait for a pullback to buy back, but having seen the strength of the move and the lack of reistance at 250p, I have decided to hold strong. I said back in October that SNTY could easily be worth £20-£25 million before any trading update, and we have since had a fantastic update, further integrations, director buys, a sales director appointed, and most significantly the granting of the US telecoms licence. The fact is that if SNTY were listed on the NYSE, it would easily be valued in the region of £50-£100 million IMO, based purely on their growing market share and the quality of their integration partners. I expect much more positive news to roll in over the coming days, weeks and months, and therefore I see it as slighly short-sighted to sell out your entire position at this juncture. I understand that profit is profit, so I can understand traders reducing their exposure after the recent rise, but selling out entirely is a dangerous game IMO, as there are potentially exponential gains to be had from holding this share for the medium/long-term. You wouldn't try to catch a falling knife, at the end of the day, so why try to do the opposite by selling out of a strong company where the SP has just broken an important resistance point, and is establishing itself in a long-term uptrend? The above is all IMO and I would never suggest for anyone to buy or hold their shares without first properly researching the company and its prospects. However, I think SNTY is likely to be in the top 3 best performers on AIM in 2014, so for me it's definitely worth committing a little time to research. ATB Faz
Quiet before the storm me thinks! SP has broken above key resistance points of 175p and 180p, now a healthy consolidation and back-test of previous resistance for support, all bodes well for the coming days and weeks. I am still confident that 192p resistance will be breached before the end of November and that we will be north of £2 before the year is over. The filling of the gap up to 230p looks most likely to occur towards the end of the year, or early in January IMO, providing there is no bad news and no big sellers appear. Previously I would have said that for these things to happen, we will need sustained buying pressure, but in reality we have risen from c.130p to 180p with very little buying pressure. I believe the MM's realised that this became oversold and hugely undervalued based on the potential for further growth, and decided to mark up the SP following the directors and institutions buying to avoid getting caught out on positive news. I still feel that SNTY could quite easily demand a valuation of £20-£25 mil based on current progress and growth, and an update stating that growth is continuing at the same pace or a faster pace (as expected by Simon Cleaver) could increase that value significantly. I'm happy to hold these shares tightly and won't consider selling any until we get a further update from the BoD regarding growth. All IMO so DYOR etc etc
I completely agree. Some will take their 10-20% profit and move on, but the real money is to be made by accumulating these shares and then holding. My target is for a £100 million market cap within 3 years, although it could happen much faster if growth in KPI's continues to impress. Charts looking primed for a major breakout next week IMO with any break above 175p and to a lesser extent 180p signalling the beginning of a major bull run which could see the gap filled up to c.230p within a matter of days. Worst case scenario here is we have to wait for news for the assault on £2 SP, but my view is once we are into gap territory the SP will very quickly look for resistance, and I can't see much until the top of the gap at 230p, and then the recent high at 250p. With further positive newsflow anticipated in the coming weeks and months, and such a low number of shares available for trading making the SP extremely reactive to volume pressure, everything is pointing towards a major recovery/re-rating of the SP, hence why I started buying back in September and have bought a further 3 tranches of shares since. This is definitely one for PI's to do their own research on, but most PI's I know who have looked into SNTY have seen the potential and have bought in accordingly, and that includes family and friends who I have tipped SNTY to as one to look into. DYOR and feel free to ask any questions your research may bring up! ATB Faz
SP is moving here according to plan, and so I've added a few just now at 162.7p. Fully loaded and prepared for this to motor towards a gap fill at 230p and possibly a testing of the previous-high-resistance at 250p, should the necessary buying pressure continue. So few shares available for trading now after recent director and institutional buys, that it won't take too much to see this form a strong uptrend IMO. DYOR
I agree this could shift next week. Buys at 160p on isdx at the close! I freed up some funds and nearly added in the last 10 minutes but the ask just kept moving up, 155, 156, 158, 160p. It looks like the seller has cleared off now and this is moving on very little buying pressure, so any continued buying next week should see this confirm the breakout IMO. I'm hoping there is one last treeshake up the MM's sleeves to try and find some sellers, at which point I will look to top-up and then sit back and enjoy the ride. Not holding my breath though. A very positive week all in all for SNTY shareholders. Enjoy the weekend guys. Faz
How would you rate the chances of the gap at 180-230p being filled before the end of the year? I'm considering freeing up some funds to add to my holding here, but it would have to involve selling some shares in another quality company. The Ichimoku chart is certainly looking more positive, with the price having broken above the Tenkan-Sen and Kijun-Sen lines, and a bullish Tenkan-Kijun cross (T-Kx) looking likely to be confirmed in the next few trading sessions. We still have a very tangible target IMO in the shape of the flatlining Senkou Span B at c.191p through to mid-November. For those that don't know, a flatlining Senkou Span B is generally a strong attractor of price. To break through that level will require an increase in volume, but I expect that will be forthcoming once we break above the bottom of the gap at 180p, if newsflow is as positive as I expect it to be. Would appreciate your thoughts. Faz
My thoughts exactly Dibs! A nice overview of Prism below, well worth browsing through the slideshow IMO. No doubt the previous integration with Microsoft Dynamics will have opened the door to this partnership, but as Simon Cleaver has said they are often knocking at an open door with CRM platforms generally very keen to integrate with SNTY's CloudCall, and in many cases the CRM's have approached SNTY. I can't remember the exact quote but I'm sure in the recent BRR interview Cleaver said he has the easiest sales job in the world! The fact that this integration was not deemed worthy of an RNS suggests to me that the BoD still fully expect further integrations with CRM platforms in the coming weeks and months. Cleaver also said in the BRR interview that we have already integrated with 15 platforms, and we are in talks with a similar number for new integrations, so I expect Cirrus Nova is the first of many before the end of the year. This expectation, coupled with a positive response from the recent Contact Centre Expo, probably explains the 4 directors all buying in the space of a week, and also a major institution increasing their holding. http://prezi.com/0hvwexrujvaf/copy-of-cirrus-nova-prism-recruitment-software/
Andy Brown, Managing Director Cirrus Nova added: “By embedding telephony into Prism, users save time with click-to-dial and call recording functions directly from contact records, boosting efficiency and delivering a valuable and comprehensive log of client and candidate transactions for staff. With SYNETY’s CloudCall solution, Prism users can easily enhance their client service.” SYNETY’s CloudCall is available on a per-user, per month basis with no upfront capital expenditure needed and no software to install or maintain. Its integration with Cirrus Nova’s Prism recruitment software means that voice functions can be fully embedded into the applicant tracking and CRM suite, enabling complete records of phone transactions to be managed and accessed as easily as an email. CloudCall is a fully-featured hosted business communications solution that delivers real cost savings and productivity benefits. CloudCall Click enables software integration that works with customers’ existing phone systems, or can be used on its own with the included CloudCall Communicator softphone. It delivers click-to-call and call recording functions integrated into a customer’s CRM, sales or business software. CloudCall Enterprise is a stand-alone, hosted PABX service working over broadband, using either SYNETY VoIP handsets or SYNETY’s softphone. It can be provisioned within a few minutes and installed, configured and running in two working days, offering a hassle-free alternative to line rentals and a competitive per-user per-month service charge. Additional built-in functions include advanced reporting and analysis on usage and activity by user so that entire workforces can be monitored easily; integrated IVR / Auto-Receptionist to greet and help route incoming calls efficiently; and call queuing which allows calls during busy periods to be handled more efficiently.