Member Info for grouchomarx

Yes we do. I sure hope LSAI is not going to use that party for funding ever again. Whoever it is, he’s killing any momentum.
Too bad really.

But it's obvious the share price will go nowhere as long as this very committed seller (really for months now) has sold out or stopped. Institutions can be soooooo stupid sometimes. I would load up asa any sign of seller gone. Now I just add occasionally. I'm sure this will be a great investment, but no I'm in no hurry.

http://www.brainstormmag.co.za/business/15022-location-location-location

I’ve put my money where my mouth is and placed a buy order today.

Things are definitely turning for the better. People still can’t or won’t believe it even after a pretty positive PR regarding the interims. Today with this contract closed confirmation of the good outlook.

“We are delighted to announce this partnership with InMarket so soon after the launch of our Verify Audience platform in the US. (...) and we expect other agencies and suppliers to follow suit in the coming months."

Very much under the radar, that’ll change. Probably when the second US contract will be closed (very soon?).
We’re lucky to be able to buy/add at the current share price.

Well done LSAI!

How disappointing:(

.

But what do you want man? They did give an update just recently, with the promise to give a new one mid september if nothing material happened in the meantime.
What if their is nothing to tell yet?
You wan’t to tell them bedtime stories so you can sleep better?
You want them to make things up, just to amuse you?

And yes, I can handle a declining share price. Because you now what? Ultimately it would be my mistake having bought into this. My misjudgement, my fault. No one forced me to buy. I did at free will and with that I accepted anything possibly bad could happen to it.

I’m not going to be a cry baby if things turn out differently then I expected.

That’s the stock market. Some things turn out just great and others not so.
GL, you’re going to need it!

Yes, you’re whining. Both of you! You’re not telling people as it is, you’re not telling the truth, no one knows exactly what is happening.
Based on the latest update, things aren’t that bad, while pictures are being painted by you and others if management are getting handsomely paid for doing nothing.

It’s all doom and gloom in your eyes. I look at it more positively, not pumping, more realistic.

I don’t post here day in and day out. I do that occasionally and I would do that even lesser if it was not for negative nellies with their ‘kick em when their down”-attitude posting relentlessly.

You think that will change if potential investors mostly see negative comments and whining on this board?
Longs doing a bashers job?

LSAI did update not that long ago. They’ve done good considering the circumstances and were optimistic about the future.

They’ve promised to update half september. Maybe sooner if something material happened.

What do people expect them to do? Report daily there is nothing to report?

Man up! You’ve made a mistake to invest too soon. **** happens.

If you truly believe this is going nowhere nothing else to so but to take your loss and sell.
It’s that easy. Really.

I believe in the prospects of this company, but the same people here continuously complaining makes me wonder if I should not sell.
If others think and act alike, you’re causing your own problem.

@aerial: maybe you should try not looking at it for a month or so. Who knows what will happen in the meantime? If nothing has happened: great, no time lost! If something happened: great, it’s probably a positive thing!

You won’t do it. I know. Well, BOL anayway.

@suratosa Yes, I’m feeling very positive about location verification. LSAI is fulfilling a real need, one that the advertising market isn’t (fully) aware of yet. It’s only a matter of time. LSAI (we) are in the right place and being the first and only one.

A little luck is all that’s needed to get this really moving.

To be fair, they just took a pay cut.
Maybe they will buy shares if allowed to.

*The current share price nor the lack of interest doesn’t make this a bad investment.

Only two weeks ago LSAI released a trading update that was far more positive than I ever expected.
The outlook is great while unfortunately (like many other companies) we suffered from the Covid-19.
The current share price doesn’t make this a bad investment nor the lack of interest.
Frankly it makes this a great investment. Everyone is complaining about the share price being too low. If it is and given a good outlook for location verification then this is exactly the time to buy (which I’m doing BTW, over time, babysteps).

Some text from the trading update that will maybe change your mind about LSAI:

core revenues (...) slightly ahead of H1 2019 despite the impact of COVID-19.(...)

implemented a cost reduction programme (...) cash administrative expenses being reduced (...)

cash reserves of approximately £1.7 million (...) will be sufficient for the Company's requirements until Q2 2021. (...)

the Board expects a focus on local advertising which should be a positive driver for the Company's media verification revenues in H2 2020 and especially in Q4(...)

investing significant time and energy into enlarging its data insights customer base, including making its location data available to UK Government departments and pitching for global data projects linked to the COVID-19 data analysis. Although no major contract wins have been secured to date, the Company is still exploring several open opportunities and will provide updates in due course.(...)

making operational overhead cutbacks, which included reducing the Board's and senior management's remuneration.(...)

To date eight paid for tests have been undertaken with the initial feedback from agencies and suppliers being very encouraging and the Company expects to be able to announce further news in the coming months.(...)

The Company's partnership with X-Mode is progressing well and has allowed it to expand its insights customer base and, in particular, pitch for insight deals outside the UK as well as upsell insights to its Verify customers. This gives the Company a greater market opportunity going forward.(...)

While the first half of 2020 was not what anyone had been expecting or indeed hoping for, there are some positive macro trends emerging in our industry. Only last month, Group M (the world's largest advertising agency) told its customers that location verification is critical to brand safety, a milestone which has been a long time coming and something we celebrated internally. (...)
 
In the second half of 2020, we expect advertising revenues to return, albeit perhaps not to 2019 levels, however, with a renewed focus on local marketing, something which Location Sciences is ideally positioned to benefit from. I am confident we will emerge from this global crisis as a stronger company and better able to deliver shareholder value."

I would not be surprised if multiple parties might be interested in acquiring LSAI.

Hahaha! That’s really funny! A big spender, a whale!

I'll have to disagree. I'd rather see Cameco being forced to buy at the spot market. If Cameco was forced to buy mlbs at spot price then that price would have gone up more than $0.10 per lbs imo. No such thing as free money, we would have benefited more from an increased spot price. I don't like the move. Not at all.

Bless him/her!

This? https://www.proactiveinvestors.co.uk/companies/news/925138/location-sciences-reassuring-trading-update-925138.html

Or this?

https://youtu.be/NIW0t5Ho4dg

Our marketcap is 2.6 million, cash 1.7 million, the business is valued at 0.9 million.

For a company that has contracted or is partnering with some of the largest companies in media advertising, is active in a growing sector, has a first mover advantage, is unique in its kind and could potentially contribute to a Covid-19 solution is 0.9 million fair value?

I think not.