Member Info for Indy0105

2.3 million is a token gesture as they plan to dilute existing holders by 20% this year. Although the bulk of the cash has been paid, there is still 50-80million shares that need to be paid out.

I’m slowly averaging down buying small amounts each week from my options trading account. Fortunately I’m much better at trading than stock picking so I may be down but not out. Hopefully I can bring my average down to the 90s over the next 12 months buying in the 40s. It’s a risky strategy but I really can’t see much more downside here.

Could just be a retrace back to 44.5p. If it break and hold that then 55.4 should be on the cards. I expect it then to be range bound for a while until the next update. Any small green shoots of performance improvement could then send it back to the 90s. Fingers crossed. Well done for those who had the guts to buy in the last few days.

It was another pathetic update with no forecast for the coming year. How can you value a company when they don’t even know how much revenue they are going to make… utter disaster.

They’ve been letting a lot of people go. I’ve checked LinkedIn. This could either be a positive in that they are more efficient, but I suspect this is because they are seeing further headwinds in with clients signing off work.

Funny how they have hired a PR company.

Share price is all that matters Nige.

Unfortunately I think all of us who have been invested for 12 months or more are very unlikely to see breakeven. If the next update is poor and debt becomes an issue then a rights issue will more than likely be required. This is the big risk factor which is why investors are selling up.

Great interview. All sound very positive for their future. Question is can they weather the storm or out run it over the next 12-24 months.

Double bottom or new lower all time lows?

It’s never worth 300p. 150p is probably the best outcome and that’s only if they can improve margins and stabilise growth which is currently contracting!

What some of you are missing is that based on today’s share price there will be 20-25% dilution due to outstanding share obligations for mergers. Take a look at the appendix from the Q3 presentation!

Poker, the only reason he gave a positive spin in the first quarter is because he had to keep the SH happy to ensure he got all the items on approved at the AGM. I don’t think the next AGM is going to be as pleasant.

I also don’t get how the CFO and CGO can both be on the board. That’s a complete joke.

I doubt it very much. If anything they have always guide to the optimistic side which is why the SP has been hit so hard. The are utterly useless when is come to forecasting. The fact it’s only up 6% when it’s been hit so hard shows there is little appetite to buy.

Future results showed a19% drop in US revenue. If this trend is carried over to S4 then I wouldn’t expect any major upgrades for Q4. In fact I’d probably expect another downgrade.

Volume kicked in the last hour but there was a big trade at the close. Not sure if it’s a buy or sell by I would not be surprised if this is MM games to reduce a client’s position. I wouldn’t get to excited just yet especially as we could even close above the 10 day EMA

I just want to point out that Q4 is always the busiest for 2 reasons. One it’s Christmas, thanks giving, NY etc so ad spend is generally a lot higher and two, companies tend to horde their budgets until the end of the year, if they have underspent then they tend to throw money at agencies to ensure they get that least the same allocation the following year.

Sfor is not a bad business. Its content division needs some direction and hopefully the new CEO can make a big difference. I like the fact Wes is now just focused on AI. He seems to have a real passion for it and I’m glad he can now focus on this. I’m really hoping for some positives regarding new DDM and Tech services business. Again this is where I believe they can outperform the market. Much better margins as well so if they make these 2 areas bigger parts of their business then content becomes less of a risk. Also they really need to focus on Europe and Asia. We have seen some announcements recently of partnerships with some big Chinese companies which is positive, but Europe has some of the biggest brands in the world so they need to be making some progress here to.

I have no idea which way this will head short term but the worst of the news is most likely behind the company. I don’t think Q4 will be that great but I don’t think it will be a disaster which should give the SP a boost as I believe a poor fourth quarter is priced in.

Just a point I would like to make is the net debt is still within their range which is surprising considering they have down graded 3 times. Not that I trust them being still within these figures at the end of the year but if they are, it shows that improvement of margins should enable some debt reduction or at least no increase next year. But these are all big ifs.

Poker, I suspect cost has a lot to do with it and at the moment it’s probably not a priority when growth is stalling.

What was telling is that they were reluctant to give any information on how much cost cutting was going to impact to top line. I really think the inexperience at the top is hurting the company. This information should have been provided to the analyst when he asked the question. It gives the impression they really have no clue how to forecast. They are using sales force now so hopefully that will help with at least the forecasting.

Anyway it’s Friday and time for vino. Have a good weekend all :)

hi auson, no i’m not jkr, although i do watch his channel from time to time. my conversation with sms was a response to an email which highlighted my concerns on a number of issues, specifically the inability to forecast. it does annoy me still when they state in the updates that the forecasts are not forecasts but targets. i have emailed him again because i thought the q3 presentation was a **** show. the last analyst really hit the nail on the head with his questions.

the first being how integrated are you as a business. sms response was awful and pretty much conceded they are not integrated at all. the second was about what impact ai would have on revenue, which again he pretty much conceded it was a conversation starter. also what was annoyed me was the fact it’s going to take years for them to integrate the business to one erp system. i mean come on, what a joke.

i keep an eye on glass door reviews and they don’t make pretty reading. you could say that you can’t trust reviews from previous employees that have been given the boot, but the picture given of content is pretty consistent and shows why they are losing business.

all of these points have been raised but i am yet to get a response. the chief growth officer needs to go, i don’t know what he does but when your business is shrinking and you go into a q3 earning update, you should at least have a plan to improve or stabilise growth, instead he just gave excuses. i requested they give an investors day to showcase the business. but i’m not expecting anything. i think they know at the next agm it’s not going to be pretty and i’ll be surprised if some of the smt team get a full vote of confidence.

if i was sitting on the sidelines i would go near this yet but i have accept this decision wasn’t my best call. although i have traded it a few times which a lessened the blow. but i’m still down way of 200k.

Share performance has been disappointing but it’s content that’s letting the company down. If you just look at tech services, its growth, margin and profitability, that part of the business alone is worth more than the current MC. Tech Services and DDM is where we need to see growth out perform the market as this is their area of expertise and where I believe they may have an edge. Content just needs to improve margins back to 15-20% and even with a drop in revenues the impact for cost cutting should even things out. My average here is around 1.17 so I’m ever the optimist. I have powder dry to average down once I see improvement in numbers and the selling stop.

I actually had a call from him after the H1 results. Didn’t really get much from him other than he recognises and they had shot themselves in the foot several times and that content was where the issues were. DDM and Tech Services continue to Perform ahead of the market.

I have noticed He hasn’t been doing any live chats or been seen at any expos recently which tells me he’s getting his hands dirty trying to improve matters. The city has him down and out. I’m not so sure they should be. It’s not about the money for him it’s about his reputation and showing everyone he’s still top dog. I think the SP will fall lower but a lot of management have skin in the game so they will be hurting as much as some of us which will be an added motivation.