Member Info for jgjam

Pearls , agree and missed putting that in my post . SK not delivering video updates is a sharp contrast to last year and is just poor representation.

To change sales course half way through the ‘ back end weighted ‘ sales forecast isn’t encouraging of aligning with the forecast made in Q2.

To reiterate Hastings forecasts sadly are on the money . And yes this isn’t Sage .

Is there any light to be found at the end of this tunnel?

Expectations , IMHO, we’ve had the same silence as in Q2, we are 1 wk & 1 month of being in Q4 .

The facts that after 2 years the sales partner is gone and a new one in half way through the year.

If these back end weighted forecasts were to be believed ( unlike last year ) why change the sales partner half way through the year?

If the lack of new deals and continued silence is an indicator of the revenue then an expectation to achieve last years dire revenue would be a positive ( if such can be seen as )

Selling of some of the business for what should be an average quarters revenue is telling .

It’s hard to believe a CEO of Kelly’s reputation is at the helm of such an underperforming business. He’s had the time to turn this around .

Eco , my post wasn’t addressed to you . I don’t welcome your opinions. You must have a considerable amount of spare time on your hands to troll a stock you aren’t invested in , whilst claiming to be a college lecturer. Isn’t it the big summer holidays ? Are you doing over time FOC ? The saying get a life has true meaning here . I certainly would give my life a real good look at if I chose to be constantly scanning this board , seriously…..

The weird thing is it was anti Lunn! TG have put an awful lot of effort into this . Lunn isn’t genuine he’s not acted within the laws / rules and least of all share holders interests . I get your point who is going to take over , it looks like Lunn is only out for him self . RM has done nothing and doing so must be complicit in the goings on , if not disassociate your name and self from this disaster.

TG are doing something pro active, who knows if it’s the right thing or not ? Time as always will tell.

Tshillington , thanks for putting the TG link , I was on TG til was removed . They do a great job . I haven’t missed it as this situation is fairly dire . My removal was forecasting that Lunn would take share holders for a rough ride following the debacle in London in July . He RNS with in an hour to say although the NO vote was held it wasn’t binding as being decided at an AGM , basically two fingers upto the NO vote.

Affirm and the deciples took that as me being grego as my name on TG was Gregory , 2+2=10 in his mind . As said on here I have my letter of representation from my broker from July . Happy to share with worthy people of interest .

Appreciate if you can update on here any important updates , thanks

Correction SK to my knowledge is 65 Jan 27 effectively Xmas 26. Again to agree with Hastings SK is most likely a decent guy but not the fit for this nightmare.

Hi Hastings/Pearls,

You both provide reasoned ,objective and valuable input on this board. Very unfortunately for investors here Hastings assumptions/ predictions haven’t at all been far from the mark . With Hastings obvious extensive knowledge in this particular field it does make sense to what he written on here for some time now.

Bang on the money saying that Q1 was down to the Tesco ‘s renewal , if only I knew at the time I could and would have cut my losses whilst George from the US was buying . Sadly Hastings was right again ( I sooo wish you weren’t) this pile of s**t was just needing desperately a solid Q2 . We got as bad as it could be .Whilst Kelly portrayed in the Q1 RNS that the business was growing, albeit the ONCE again stated a back end weighted sales revenue.

I do seriously question why George pilled in over£ 1.5 million ?

The facts remain SK has way over promised and considerably under delivered. Personally I would have expected over delivered and under promised given his integrity is on the line here along with his reputation.

Over two years at the helm and this ship is sinking , selling parts of the business for 1 Quarters revenue when others see it worthy of buying .

Danny Keating leaving , as Hastings again the UAE deal cannot be expanding else why would he be leaving.

Given the demand for data movement why is this company so poor at getting new business?

SK 65 at Xmas , does he use that as his get out clause ? Who will want to take on this mess? Whom ever it is can’t do any worse than where it’s at.

Utter complete shambles with many investors left with an extremely bitter taste of this fiasco .

Apologies for the rant can’t see any light at end of this tunnel.

Yes a very limited info company update . I thought SK would be more insightful and informative given how he was once RNS ing every new deal and quarterly video updates .

He seems to have gone to ground lately . Is this a sign of how bad things are ? We are left guessing as per …..

Hastings that doesn’t sound good . What’s his name please ? Can’t find any thing on that . So it’s looking like another flop quarter , at this rate the 7 mil from 24 is going to be tough to beat .

Been very quiet from the BOD, 1/3 into Q3 and still no positive updates . Sounding much like @Hastings , where are the new contracts? Unfortunately seems he has been right .

Wordspaghetti, thanks very much .

Wordspaghetti, thanks very much .

Do you have a date for an EGM?

We’ve not had anything from SK since April, the silence wasn’t good news . Unless we get some deals RNS’s are we to assume Q2 numbers again ? We’ve been told back end weighted before. The turn around king isn’t living upto his reputation.

Pearls, I don’t think SK , has handled Q2 at all well . Following Q1 led many investors to believe the recovery he talks of was underway. Q1 had stated bookings back end weighted AGAIN , the radio silence from him not managing people’s expectations that Q2 was going to be a complete flop simply isn’t good enough.

Q1’s figures aren’t reliable . The Tescos renewal gave a false impression and the % & YOY figures are in my mind misleading. We haven’t heard from Kelly since April . A video or something should have informed the market that Q2 wasn’t going to follow Q1’s heights .

I don’t find the last RNs transparent at all . Selling parts of following Q1 doesn’t sit well.

Hastings , thank you most helpful.

We clearly can’t compete with the big players, seems that to try get to cash burn even SK is continuing to cut the work force and sell of certain products. It doesn’t look like the strategy will be strong growth from what “we’ve been privy to” very little as always the case .

SK’s reputation as the turn around king is certainly in question. Many thought he would have turned this well around by now . Why publicly announce wanting to be the market leader with in 4 years and achieve so little?

More questions than answers.

Hastings many thanks , kind of what you’ve been saying all along. Could the self service Saas make it profitable?

Hastings , you have posted at least two high consumer demand services that could be met by Cirata and very good new business. Why is SK & the team pursuing this ? Any ideas from someone in the industry. Thanks

Eco your have your opinions we have ours . Let’s see how Q3 does . Would have to question an individuals motive that feels the need to put so much effort into a stock that they are by admission not invested in . Most strange behaviour. I for one wouldn’t care less if wasn’t invested and certainly would have better things to do with my life . Each to their own & all that .