Member Info for GLR1990

The recent placing isn't the destruction, death spiral beginning of the company

It gives us more revenue, more profit, more contacts, more exposure and a potential 2,5m deal in 2019

2019 is in a better position than it was 4 weeks ago

If the company does not get to 3p+ or 4p+ or whatever peoples targets are, it will not be down to anything we have done wrong in the past but what we do in the future, as the past has set it up nicely

Just means the placees cant flip now as its right on the placing price, anyone who already had shares could buy placing shares and dump their existing shares for a lower average
Hence why I waited to add more today just above placing price

Could be a drop on monday but wil be selling at a loss, placees in STAR are generally sticky I know a few and they're good LTH who back the company very well and believe in the future

Will be back around 2.5p level before year end IMO (barring no unexpected news)

Begs the question what is the 660K for, Bosch?

Quite a significant amount and if we can't use it against our primary operating territory (Africa) then what did the company show the bank to get that much approved? Bosch potential order maybe...?

Just speculating of course, probably a mix of 'quality clients' and proven income over the last 12 months (as H2 2017 was strong)

I would advise you email the company for clarification on the matter

SS I'll put my input for what its worth

660K bank facility cannot be drawn down as wont lend against 'unreliable' african clients, why the deal has an inclusive SAS license included up front and they are expecting to receive most of revenue for it it 'up front' before delivery is made

Positives of this:- In the past we would fill up the inventory and the client wouldn't pay, and insult to injury they never bother connecting the devices so no SAS revenue (just look at pinnacle, how long has that took, years!)

market was already terrible, we was down to 2.3-2.4p - so to get the cash instantly to confirm the order, they raised at 2p - I know other companies release news first and then raise, but thats not how its meant to be done and I respect the BOD for the fact they put the word PLACING in the title of the RNS (I've seen many this year from other companies no mention in the title) I respect STAR as always get open honesty from the BOD, at least thats my experience in the last 18 months

So in summary, forced hand IMO, better to sign the deal and take a short term SP hit than not sign it - what if they order more next year and we get 2.5m? Then its a major deal

if it was my business id have done the same thing, no way i'd be turning down 1.1m because I have to dilute my shares by 7% when there's a further 2.5m potentially on the table

Got this one all wrong, timing my entry terribly
Absolute Joke, impossible to tell where it will stop now, hopefully see a bounce but where are the catalysts for the SP to suddenly start rising?

Hopefully the newlands are still buying

Why did he sell he did a massive write up saying how great it was an massively undervalued the other week what happened?

That's the spirit!
Agree 100%

We did CB! I recall one magical afternoon the bid was around 3.75 closing in on 4p (last February was it) we was counting our chickens and ordering the lobster when THAT thing happened...

Put it this way we'd be in a much worse position if we didn't sign the contract - the SP might be have been 2.5p without it but is that really what we are after here? It was probably heading to 2p without a RNS contract anyway as before it everyone's concern was 'no contract RNS in 12 months', even I said it as one of the negatives recently!

You always hope to sell earlier than expected for a nice profit, but at the end of the day 2018 is a bust in terms of the SP, it is not a bust in terms of the company - the company has done very well indeed, and are in a significantly better position than this time last year

Lets hope 2019 blows it out of the water
- Bosch
- CropX
- Contguard
- WIMC
- Pinnacle
- Xplosive
- Shiptek
- Undisclosed Control Systems Supplier
- Undisclosed EMotobike Manufacturer
**Undisclosed Government Organisation in North Africa

If each one adds 1m revenues we're sorted, one of them might add 2.5m...

Finally calmed down and accepted my current paper loss, hopefully its nothing but a short term dip...

All IMO and do your own research, not to be taken as investment advice

Negatives:-
- Obvious Discount and Dilution
- Why did they not use the Bank Facility of 660K? (*Corrected - was down to the territory, so they couldn't use it)
- Concerns that every time a contract comes in we have to raise cash
- Flippers, going to be a lot harder to reach 3p+ now

Positives
- SAS license included in price, so I estimate some ofthe 1.1m revenue will be of a decent margin
- As mentioned above, up front payment before delivery expected before Y/E
- Helios advanced and new market, was a little concerned Helios had fell behind but not the case

Major Positives
- 2.5m potential in 2019, this would be a game changer to the bottom line

Summary:-

Forced hand in a bad market, obviously they would have liked to have raised at a higher price but the market sent us down here (2.3-2.4)
Would have had to turn down the deal if no placing acquired, long term this deal is a huge positive especially if 2.5m is realized, the margin on the 1.1m could even be higher than the 400K raised (as SAS included) so just like injecting cash into the company to some degree...
Territory reasons on why they couldn't do the 660K bank facility so hopefully all of that is still in tact, and the next RNS may be able to use it = no placing and excellent revenue and bottom line for future updates

I'm not happy and certainly not trying to ramp this share, its been a rollercoaster 12 months, and hasn't been exactly great but the price is what it is and I have to treat it based on where I think it is going to be in 12 months from here

IMO DYOR not investment advice

I'm very bullish, apologies if I come across negative lol

i think we are a few contracts away from being very successful, the SP has been decimated and it will take time for the market to realize that this company has potential to go places, the market forces look good also, lot of contracts to be won and NHS is edging towards companies like Totally to help save costs and increase performance, next may I think the Virgin care contracts get tendered (or given out, cant recall now) so I think first 6 months of 2019 could be great

The margins for about health etc. are pretty attractive, Vocare will continue to get integrated better and contracts will keep improving both performance wise and marginally - Not sure why the II's have been selling but if you own a large fund and you know one wants out I guess you have to sell to protect your own fund

Buy back would be nice but there are a lot of catalysts (especially at this price!) that could send the SP flying, its a real waiting game and investing now you're trying to catch the bottom, if sentiment was very positive the SP wouldn't be below 20p so it comes with the territory

I'm hoping for a big rise in 2019

All IMO DYOR not intended to be investment advice

what SP are we expecting if the next cash injection comes in?

I'd like to thank cash for supporting the share price

That is good news, for the people and for Totally

We need some big about health contracts, could be a 10m MCAP in itself in a few years

Patience and some more

Well that was rubbish
Still sellers around
Market not that interested
Needed volume and barely got any

Meh....

At least when we sign a contract now it should positively affect the SP - business as usual, this will come good in the end, just requires a ton of patience - their on track afterall
GLA

Nice find Graham, looks like they know what they are doing
Confidence increased

Ah well bottom draw for another 12 months

20P DONE

for once the delayed trades are actually buys