Member Info for hunkymonkey

I like the cropx deal, it feeds primarily into SaaS and the highest profit revenue for the co. What I've been pondering is, I wonder how much they pay for the sensor that they use. I'll be honest, and how much profit would there be in the hardware? I can't imagine it's too much really, but I haven't got the foggiest....

It's unusual because how many of those rns have been released for single larger orders for $1mln+ there and then.

If appreciate your thoughts draft

I've bought more this morning, the financials were never going to set the world alight. There is one contract that could turn this around, despite the numerous years of chronic underperformance. That's lokies, the Russian distributor, the Russian CFO adds conjecture for me. There's in reality 6 months to land it. Without a big contract now and a $1mln+ net loss this year, that'll be the banking facility used and cash dry. They can't continue to borrow on the credit card to pay bills. The thing that has always intrigued me is the BoD, they have supported so well, so for me it's a gamble from here. The gamble is, a big contract and a 5x rerate over the next months, or heavy dilution. Good luck all genuine people

Again, I wouldn't disagree with anything you say, I wouldn't argue either. We can differ in opinion and that's fine. Weirdly though, now that the financials are out of the way, I've bought some more! What draft said it's true, multiple possible contracts, and I'll let the others do what they do best I guess

Agreed, I've bought some more this morning

Again, a very good point. You are absolutely right. But if someone came on saying this company is rubbish for spurious reason XYZ, you would (rightly) expect to be challenged. I also see no difference to the contrary

And still isnt seemingly, So i hope that the next time people see the "research" of the financials, that this is included. Otherwise, it's misleading

They are, it's so transparent. To be fair, they are good at it too. I have worked as a financial advisor for expats with serious momey. It's when someone said they had 10mln shares @ 2p average, it didn't seem right to me. Of course they will say to the contrary, but people with that much wealth dont invest (generally) like this, it the same reason why ii don't, they don't need to take the risk.. but to have a crew and manipulate the share for many years, drawing in people on the promise of "what if" that never materialises(buy could), then I believe you could acquire that many. Now this post will be jumped on, because I based it on opinion, I usually like to stick to facts, then the only way you can respond is filter or deramper

True... Which is why I personally try and stick to material facts. Thing is net profit is there and cannot be disputed, but will never be shared by the crew working this. On the contrary, over the past week, (where I chose not to get involved) all the "what if" "this will be massive" crop x stuff, it's all pie in the sky, but if you suggest otherwise you are deramping, but there's no tangible facts of anything one way or another there's no point. It managed to rise and the price incidentally because it only takes small volumes really. But then a dose of reality,

Agree, but thing is, but I don't like like luring others in on misinformation. You see a post doing the rounds, stating revenue up, SaaS payment up, etc etc. It looks great, but to not include net profit, which is what everyone company ever sets up wants, is simply misleading and posted to decieve others

I have always and will always acknowledge the potential - the tech is very good. People say, the mcap is too low, for the tech they have it is. But only because they have failed to secure any meaningful deals that affect the bottom line, there's your reason and the reason that makes me a deramper I guess. But there are a group of posters on this share that try and control the information released, whip everyone into a frenzy thinking something new is coming. It raises the price and then they sell and accumulate more shares. Anyone that looks for logical reasons is deemed a deramper/agenda blah blah.... Not so

Lesser of two I can agree with everything that you said. Great post. All that has been required for 3 years now, is that elusive deal. I not sure crop x is the one, despite the last week's worth of ramps. Most likely lokies imo. In reality it needs to be approx $3mln-$4mln to turn a profit this real. That's not beyond the realms

As opposed to someone whom has never acknowledged net profit in 5 years?

You know what, I do own shares! I also acknowledge the mcap is tini (for a reason). But I also acknowledge that the Russian lokies deal could be absolutely huge, IF/WHEN they land it, it could easily 5x mcap. That's the risk vs reward warts and all

Revenues decreased by 25% to $2.3m (H1 2019: $3.1m) might not seem so on the face, but don't forget the H1 2019 included a payment of $1.1mln (I suspect it was slightly lower). So actually, take off the unusual African deal, those figures are an "average year" are actually okay, it could even be argued a slight improvement

I am invested - yes. But what really urkes me, is people only seem able to discuss good news. There cannot/will not be any discussion to the contrary. Things are dissorted and mistruths are spread for own agendas. But the facts are so, people like to slap each other on the back and say " we're grossly undervalued" "rerate coming", well the info is there, but people don't acknowledge. Let's be honest the figures are not good, yet the usual mob, try and spin it. I find it weird tbh

Saying the SaaS payments up to $1mln, don't care about the % shown. In real monetary terms $100k, is absolutely nothing it's certainly not going to stem the hole of the net profit

It possibly doesnt for with the agenda of some. Net Profit

2019 negative 1,019,000
2018 negative 920,000
2017 negative 1,350,000
2016 negative 2,012,000

When people.say this is grossly undervalued, what should a company that has never turned a profit be worth? Strange that these figures are never included, what is interesting, in 2019 the revenue went up by 26% ish, but profit reduced.

Move to this year, and what will the net profit be at the end of the year?

To all of the ramping crew, I did notice when you started buying BEFORE the new potential transformational information came out. Made a pretty little profit and added to my core holding for free. Easy really when you work together...........