Member Info for KaChing

Show me the contracts and the recurring revenue cash ........ Dragon you have 2015 to prove the market wrong before I take another loss, lol

Not much point in posting this on the reg chat page as I'd probably get lynched, lol It looks like full year revenue is going to be less than £4m with another hefty loss and cash burn since the start of Sept must be around £300k per month, factor in there probable up front costs of the April tech order which normally gets accounted for as a subsidiary loan and they must be looking at raising more cash any time now Placing watch! 7+ years of the same thing! not good! IMO

Finally bought a few on Friday as I've been watching the drop that seems to have been caused by Commerzbank selling shares, no idea if they have finished selling but seeing as the SP has been fairly stable the last few weeks I figured now was as good a time as any to buy a tranche. "As the overall sales pipeline continues to grow and the scale of the US opportunity becomes more apparent, the Board is happy to confirm its confidence in, and excitement about, the potential future for SYNETY."

Looks good at the top of the RNS, not so good at bottom (outlook)

Yeah, good results ……. could be one to hold for the next 3 to 5 years and add on dips along the way. Happy!

Whether the unit that is going to the Arctic Circle has already been shipped or not hasn’t got much to do with Acta, their part was to sell the EL1000 and help Dantherm integrate it into their Fuel Cell system ……. the EL1000 has already been sold to Dantherm according to the H/Y report, hence Acta’s job has been done (selling an electrolyser). 5 Acta Power units, 15 EL500 Electrolysers, 1 EL1000 Electrolyser and 10 EL500 Stacks were ordered between May and July this year, so I’d expect revenue from them in the second half …… that is more units sold this year than they have ever sold in total before that …… progress?! They are and have tried to get their electrolyser tech into as many companies as possible, some won’t get any further than the odd sale, others will hopefully be more successful The Future-E agreement for me sums up the reason why Acta decided to take the bull by the horns, they have taken the Future-E Fuel Cell back-up power unit, combine it with their Electrolyser and are selling it as the ACTA Power …… which is the reverse of the Future-E deal ……. they have then got the Acta Power into more trials in less than a year than Future-E have managed in years ……. that’s progress and determination in my book and they did it because they could see the likes of Future-E were and still are thinking like a company still in the R&D mode This might be too slow a process for most and indeed Acta might fail, but what they have is a unique product that is still very new in a market for fuel cells and hydrogen that is still in nappies. Everyone knows (including those at Acta) that they really need at least one decent sized order for the market to believe ……. might happen, it might not …… pays your money and takes your chance! I think it will happen.

The Acta Power isn’t going to the Arctic Circle! it never was …… An EL1000 Electrolyser is going to the Arctic Circle after it has been integrated with Dantherm's fuel cell (Ballard fuel cell) …… the EL1000 has already been sold to Dantherm, job done! For me the most important part of the agreement is that Ballard will get to see the Acta Electrolyser working with their own fuel cell product first hand and that will hopefully lead to a bigger collaboration between Ballard and Acta, hence P Bert stating ……. “We look forward to the success of the partnership with Dantherm and to extending our reach into the telecommunications backup power market together with them." …… Ballard sell more fuel cell back-up power units worldwide to Telcos than the rest of the fuel cell companies put together, the Dantherm news is potentially the best bit of news from Acta in the last 4 years …….. obviously that is purely my opinion.

How about a shiny new Acta Power video https://www.youtube.com/watch?v=B38vbA9S2uI&feature=youtu.be&a

The H/Y results convinced me that I might as well keep hold of my shares, I’m not adding, maybe after the F/Y results, I’ll reassess then. Outlook “Notwithstanding the issues in our market opportunities in Singapore and London, we are encouraged by progress across all our operations in very significantly improving the Group results compared to the same period last year. We anticipate further progress across all units during the next six months and all are working on initiatives that will bring the Group back into a growth pattern. In the meantime, we are pleased to have the continued support of our shareholders as we evaluate potential financing options to look to further strengthen the business.” Sounded positive to my untrained eyes!

Investor

Doesn’t get mentioned much but the BoD have bought a few shares (in the last two placings) and the CEO, CFO and the research Director have committed to a bit of a salary sacrifice next year (shares instead of cash), I’d like to see more of that from loss making companies across the AIM, taking part of their salary in shares would focus the minds of a few company BoD’s, IMO Acta BoD have put in a combined £140k including salary sacrifice due to kick in in Jan 2015 in the last 12 months …….. “Simultaneous to the Placing, Paolo Bert (CEO), Paul Barritt (CFO), and Alessandro Tampucci have contractually committed to subscribe, respectively, for £12,000, £10,000 and £12,000 worth ofordinary shares of Euro 0.006 each in the capital of the Company ("Ordinary Shares") in two equal tranches on 31 January 2015 and 31 July 2015, by way of a salary sacrifice arrangement put in place with the Company (the "Management Subscription"). The price for the Management Subscription will be the higher of the Placing Price or the three month average mid-market price for Acta's share price as quoted on the AIM Market of the London Stock Exchange for the three months preceding the issue of each tranche of Ordinary Shares in relation to the Management Subscription. The Management Subscription will result in additional proceeds to the Company of £34,000.” Now …… where is that first order, edging closer?!!

Well, apart from overestimating the revenue figure I was pretty much on the money in my 17th Aug post ...... and the placing in Aug wasn't a precaution it was a necessity, you got to love a bit of spin! "H/Y results should be out in Sept, so time for a guesstimate! I’ll post it here the same as for the last F/Y guess because it would probably receive a strange reaction from those on the normal board, lol Managed service revenue should have grown due to an increase in passenger numbers but the strength of the £ in that period will have affected the the revenue number …… Guesstimate for managed services £1.6m I don’t think the $2.6m tech contract announced in April will fall in the H/Y numbers, they do seem to have a few more smaller contracts than the same time last year but there is the £ strength to take on board ……. Guesstimate for tech division £2m Total H/Y revenue of around £3.6m with a loss of about £900k Cash needs looking at because I think they were running out of cash hence the need for a quick and rushed placing at 40p on the back of the Ebola stories."

The results weren’t that bad for a company like ACTA To say they blatantly lied about the cash position is completely wrong if you are getting the info from the 2013 Annual Results going concern section, they didn’t say they had enough cash until 2015, they said they they had enough resources to cover the cash position until 2015 and one of the resources has been tapped already ……. the recent placing! “the Directors believe that, should the generation of cash flow arising from the sale of products be delayed, the Group has adequate financial and management resources (such as unused bank facilities, access to working capital facilities and other sources of new capital) to cover the financial and liquidity needs for at least 12 months starting from 1 January 2014.” But with the SP so low it is a pure punt (aren’t they all, lol), if they manage to bag a contract in the next 8 months or so then happy days ……. if not the next funding round will see bigger dilution

Q1 would be ok as long as we’ve seen some more contract wins and MRR growth before then! “they going to do what some say can’t be done” …… I hope!

Interesting, my shares have been dormant since buying, is this signs of life?!!

Dragon …… all you need to do now is start to convert what you think you can see in the pipeline and then make sure that the brown nosing with Government pays off! lol It seems the market is now looking for you and your team to start 2015 with around £800k MRR, surely that’s doable, come on Dragon you can do it, don’t let me down, people think I’m mad buying into your company (OUT), actually I’ve been questioning my sanity over buying here myself, prove me right and them wrong, lol On the plus side there is no arguing that revenue is rising and the full year will also see a nice year on year rise, I noted that the gross profit margin had risen from 36% to 43% as you and your team said it would, I’ll look forward to the another positive step in the margin. Now come on and do what “they say can’t be done” https://www.youtube.com/watch?v=h6hGdPkn8Ow

This is the bottom ...... the start of a little bounce?

ITK....... no there wasn't

Pretty much as expected

KaChing Posts: 4,041 Premium Chat Member Off Topic Opinion: No Opinion Price: 40.75 HHToday 15:51I know you will hold me to it, lol ....... and I'll honour it. What Government in their right mind is going to fast track a Ferry service to a company that has never run a Ferry service? I’d say one where they have a good relationship already! and it's also a Country that would benefit from having a service for the "Business Class"! ....... Logic? who knows?