Member Info for jollyspeculator

not quite as wide as quoted...but still reflects limited trade... ...and perhaps limited appetite on part of MMs to but shares (and potentially be stuck with them lol)

flexibility lol...still don't feel it is dirt cheap, mind

this one...markets (improving)...management (excellent trackrecord and aligned)...multiples (low) ...cracker (imv)

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clearly most hate this share...years of losses...strange decision not to accept COMS offer...placings..management changes ...but have they become too negative? ...It's a v risky punt ...but with EV/gross profits <1 & nearly breakeven (many other on AIM spring to mind?), this is cheap for another company...which can strip out many of the fixed costs that cause problems below gross profit ... (this is one of the standard ways M&A looks at deals) ..mostly amateur opinion only

JMB... ...EV less than US$2m...with some/much of that covered by receivables?... ...and prospect of breakeven at least..revs anywhere between US$1m and US$4-5m/year ...surprised no interest from other parties (even PE...but most obviously competitor)

reckon close to fair value...seasonality is important here so 2*1H type calcs are unsound...and 2H2014 may be a blip ...EV/EBIT c10 looks demanding/fair...unless you believe NTBR is reborn and will generate substantial future growth

missed my top up @ 32p...and not prepared to chase @ 37p

Doomsayer here: chances decent for that correction in next 18 months...something has to give...either taper starts or some asset bubble will burst with nonsense/unsound money imv

In 2009 and 2011, the Company issued a total of £2m of convertible unsecured loan stock (the "Loan Stock") to a group of investors including key members of the Board and senior management team. The Loan Stock was due to mature on 31 January 2015. The holders of the Loan Stock have now agreed to extend the maturity date of the loan stock by two years, to 31 January 2017. The extension is coupled with modification of the conversion price of the Loan Stock to 76.5p per ordinary share, being the closing mid market price on AIM on Friday, 30 May 2014.

last consolidation

However, as noted before, incorrect processing of our share consolidation by certain Netherlands market participants means that the board is planning to repeat the procedure, and our current plan is to do this after publication of our interim results. Also unfortunate was Euronext's decision to wind down the Alternext Amsterdam segment, relatively soon after we were encouraged to join it. Options available to Sopheon include a transfer of our listing back to the Euronext Amsterdam main market, a transfer to Alternext Paris or Brussels, or a consolidation solely onto our primary AIM listing in London. We will continue to explore all alternatives and will inform shareholders accordingly

However, looking at the current sales pipeline, and the recognition profile of closed business, we expect that revenues in 2014 will be heavily weighted to the second half of the year. As we have always emphasised, the actual timing and value of individual sales events can have a substantial impact on reported performance for a given period, as can the market developments and sales team changes mentioned above.

is often the key...and how accountable are they? investors are pretty powerless

How can you know? There have been no disclosure rns

& who could blame them?

no

still promises re receivables...not nice shiny notes ...and the big question re placing to support receivables/growth perhaps acts as overhang ...also scepticism about many "sexy" growth stories: qpp, gbo, blur etc etc...some / all with (perceived) issues around FCF

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leading up to update (I hope/expect)