The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
I should add to that mcap, I have not considered any asset values ie. for the product itself nor any cash/recent raisings they did. All upside again. The more and more I think about this opportunity it really is big - I would love for them to devise some kind of app/tool for the masses - that would be amazing. Who knows, but I did get a strong sense they are looking to do soemthing in the Professional Sports space and hence the wo new Directors announced last week - if an dwhen that becomes clear - this should motor off imo. Lets hope it does happen. ...
Part 1 of 2: GUSC I met with Tony Humphreys the NED. Basically, They are concentrating on developing and maximising their investment in Soortsdata Ltd and providing all the support needed to make sure that this investment is successful. The first product that Sportsdata have available is 'Skills2Achieve' which was launched a few months back (Feb 2014). The main thing here is the connection that Sportsdata have through the Youth Sports Trust, This is opening doors for them all over the place starting with Primary Schools - Therefore, the first target market is primary schools - up to 22,000 of them! They are already having some decent success. In Fab 2014, (in GUSC's RNS), they announce that 40 schools had already signed up and were fully paid. They also stated that a further 160 had signed agreements to buy, so one assumes that the majority if not all completed on this commitment. That's 200 schools already or just under 1%. And remember that was back in Feb 2014. In the RNS released back in Feb 2014, GUSC say that this was their target and yet in that same RNS the board of GUSC believed that this would be achieved by the start of the Summer term (ie. by now). Clearly since then 2 months have passed and one assumes that word of mouth has got out, with the Youth Sports Trust promoting it too, that more schools would have signed up. Now, why would schools sign up? The following is taken from their sales brochure on the product but not directly quoted .... It means that the schools should they subscribe to Skills2Achieve (the main Sports data product at the mo), then its in their interest as it supports OFSTED judgements around 'Health and Well Being, Behaviour and personal, social and cultural moral development'. Their are other USP's too including the product is set against the National Curriculum for PE as well as it provides a clear framework for PE assessment without levels and allows tracking and recording of sporting achievements for each and every pupil.
Apols for my delay in posting this, but wanted to make sure I had all my positions as I'd want them etc. and I wanted to do some follow-up reserach to validate the things I had learnt from discussions. I will do this two bits as not enough space ... Part 2 of 2: Now here is the best bit. I asked about pricing and that was very simple and transparent .. it basically works in bands. The more pupils there are in a school then the higher the price. The fee was licence based and paid annually. The specific bands are: 000-100 pupils £550 101-300 pupils £650 301-499 pupils £695 500+ pupils £750 Now we know already that 200 are committed (as at Feb). That equals revenues already of £100k. One assume more schools will be signed up. So, I did some scenarios, and this is what came u... Now, look at the table below - even if they get 10% at the lowest cost (£550 per year) then they will be sat on revenues of at least £1m a year minimum. When I tipped this company last week it's mcap was £1.2m. Now admittedly lets remind oursleves that GUSC own 30% of Soortsdata Ltd at the moment, so revenue for GUSC would be around £350k for a conservative number of schools and at the lowest rate being calculated. In other words there is good upside to this number. No. of Primary Schools: 20000 No. of Schools £550 1% 200 £110,000 2% 400 £220,000 3% 600 £330,000 4% 800 £440,000 5% 1,000 £550,000 6% 1,200 £660,000 7% 1,400 £770,000 8% 1,600 £880,000 9% 1,800 £990,000 10% 2,000 £1,100,000 Now one assumes that private schools will also be targeted and is in addition to the above. Then add to that, I note from the Youth Sporst Trust Website that they also work with Middle and Secondary schools too, and one assumes there will be a product at that level too. Remember this istheir 'first' prooduct. Tony (the NED) also indicated that they are looking at other markets and pointed me to the new NED's that were appointed and suggested to me that that was not a coincidence. the inference being they already know what they want to target next and watch this space for that. Now, looking at the Mcap and the very simple and transparent revenue model, and then looking at the management, and then looking at the scope, product potential and the contacts this is I believe destined for great things, and at these sp level I am topping up where ever possible since by end of year I fully expect this to be worth at least double but likely more.0 Remember they will be releasing other products and targetting other markets too ....
I too met with them, nut at family dfunction in London still - will try to post later tonight or possible in morning.
I have had my ticket confirmed and so WILL be going. I though I would set this thread up to collect questions. If you could number each one and then the next poster can reply adding to it. I will come back later tonight and will print off and ask. I'll satrt the ball rolling ... 1) Are you targetting other markets for the Sportsdata Tool? 2) Is the plan to acquire all of Sportsdata? 3) Can you give an idea of the ticket sizes for the Sportsdata licences?
I just seen the COMS RNS which basically says we cant raise any money, so we're up for sale. Given we're looking for a TNT tyype acquisition, could this be an opportunity. One would think its a better opp for a co. like TEA as JD from there help set COMS up. Thoughts?
Ian , Did you see my q from earlier? Could you reply ...? Thnx!
??? Is the suggestion that someone bought and sold with 45 mins?
Agree on that! And just to let you all know, I havent yet received my ticket for UKIS and making enquiries now as was due one.
Will do Swizz. I also want to ask if they are looking at other markets for the platform ...
I'm hoping to meet them tomorrow myself, any questions anyone has let me know. But think this will be at or close to 15p by today and certainly by Monday if not today. Think its all buys so far bar one trade. If that carries on at this rate then this is going some imo.
Thanks Swizz!
Thanks Swiss, appreciate the answers! All sounds good and positive and didnt think to look up Concha. That said, I hav eherad the link to CHA before ... do you know who was involved from here that was on Concha as when I look them (CHA) up it seems to now have a completely different board. I haven't seen in any of the profiles of GUSC's board any reference to Concha?
I am very excited here - the more I reserach the more confident I am becoming in this leadership team that is being assembled. Ialos have some queires, so here goes ... 1) Ian B I have seen you mentions more than once that you have acontact that has mentioned about investmnets /RTO - can you explain or elabortae more? 2)I note the number of warrants that are in play an d the regularity and frequency by which they are being converted. Anyone else think that is holding the sp back? There is a good slug still sitting in the background to be converted - any thoughts on that? 3) Anyone see GUSC needing to raise monies again as I am not sure how much cash theyhave left after th eSPorts data investment - anyone know and able to give an idea? 4) Finally I'm planning on going to the UKIS - anyone want me to ask any specific questions, let me know and I'll do my best...
I'm going ... anyone else going to be there?
Glad you replied Swizz - as I think its important folks understand that. Sure profit can be made short-term, but from these levels the real prize is further up the value chain, and I can let the sp come to me rather than I chase it. Nice place to be imo.
Thanks Ian B! I am in this to hold for the gains - dont think this is one for trading imo. well not over days at least. Gd Luck all!
and so I bought in - had to get it in two tranches mind and I note both are not showing yet! I will watch patiently as see this having great great potential!
Hello Folks, I'm still holding in here long and strong, just thought I'd come and say hello. ;-)
thanks falling. I did look for the post but couldnt see it. What was he implying anyone?