Member Info for KaChing

Looking at today’s trades, I’m thinking “in” …… but this one isn’t for the speculator!, lol ……… there could be a trade in it though if there is any positive comments coming out of today’s Analyst shindig I see the old spider senses were right on one of the three mentioned yesterday!

The money! lol

Director buys!

This could indeed be the start of a turnaround …….. The Directors of the company took over half of the last placing (at a small premium) and the new CEO has also bought on the open market …… maybe the omens are on the positive side Bit more digging to do!

Looks like M-Field are going into the Fuel Cell powered forklift truck business with this agreement signed with Ballard. http://ballard.com/about-ballard/newsroom/news-releases/news06291401.aspx They will be needing a bigger Electrolyser if they intend to offer a full package of Fuel Cells and Hydrogen for potential forklift customers! ………. and it just so happens that Acta were working on a bigger Electrolyser …… probably just a coincidence! “During 2013 the Company completed the development of a larger electrolyser stack capable of producing 6 m3 / hr of hydrogen, six times the volume of the Company's current largest electrolyser. Two of these stacks will enable the assembly of a 50 kW electrolyser with a production capacity of 24 kg / day of hydrogen. The new stack has now completed its technical evaluation and has been released for production.” http://www.investegate.co.uk/acta-s-p-a---acta-/rns/preliminary-results---year-ended-31-december-2013/201403260700261875D/

I know that Acta have been frustrated in the speed (slow) that their customers such as Heliocentris, Future E etc have been moving in the back-up Telecom sector, hence they grabbed the bull by the horns and started marketing the Acta Power to Telcos direct and they are having decent success for a new product ……….. yes, we all know they need to get a decent order, but the unit has only been on the market a year and they have it in more trials than any of their customers who were supposed to be targeting the Telco sector, i still think that’s impressive! But it’s nice to read in the Proactive article that they still see their business model as being a supplier of Electrolysers, for me, that’s good to know! From the link provided by Ribz ……….. “Ideally, the group would like to step away from manufacturing the big ticket items by simply supplying the hydrogen generation part of the kit. “We think we would rather be shipping electrolysers than full systems; we would rather be Intel, the chip inside,” says Barritt. “The natural position for us would be a component supplier up the value chain.” The company’s broker Cantor Fitzgerald is predicting revenues of £1.6mln this year rising to £8.9mln in 2015. Its price target of 13p a share – more than three times the current share price of 4.01p. “Our conversation with management has given us some confidence that we are getting closer to an inflexion point for the company,” said Cantor analysts Caroline de La Soujeole.”

Cheers Sparky, great research ........... found a link http://advertising.microsoft.com/de-de/blogpost/129265/microsoft-advertising-blog/canneslions-2014-taking-inspiration-from-music-legends-informedcreativity

Yeah, that is great ....... sparky is that confirmation on the website? or personal?

Cheers guys and ITK I appreciate the detail too

ITK ....... I do have question that maybe you could answer, a quick yes or no would do if you have time. I was thinking about them saying today that “The Group has reviewed all aspects of its cost base and expect to produce additional annualised cost savings of c.£1.0m per year from next financial year.” The question …….. could they achieve cost savings like that by moving all services to their new IL3 accredited datacentre as opposed to utilising the Tier 3 datacentre that “hosts” the O Cloud at present?

Like wise, I appreciate yours. Why wouldn’t it be right? if people thought like that there would be no new companies coming to market, everyone would stick with the “devil they know” ………. fortunately the world isn’t like that. MRR at the beginning of the year had grown to £600k (using that as it is the latest figure) and since then they have managed to get two of their “strategic partners” to sell services to their own customers (better put one is a trial before it gets pointed out) and they have also won business with Lloyd's Register via a partner…… Today they say that they continue to “experience steady progress in generating revenue from our partners in the Small and Medium sized Enterprise” as well as So, it would seem that there are people advising their customers to go with OUT!

You would be better off targeting your opinions at those who run OUT directly, you could explain to them why you think they and other companies like them are making a bad name for the industry by “Creating lots of hype and burning lots of cash” …….. I guess you could tell them where they are going wrong! I’m sure they and us shareholders would appreciate it. “For every one of these cash burning tin pots that makes it there are hundreds that run out of cash” Ah,the beauty of Capitalism …….. lots try but only a few make it, but at least they try! ……. some people just talk a good game and never try, but they always think they know best from a position of “no risk”! I hope OUT makes it, lol

The overall take up of the Public sector through G Cloud isn’t been taking up as was hoped and a big part of the lack of take up is because there isn’t a mandate for the wider public sector to go “cloud first” which is something that the industry is lobbying for ……….. but surely the new IL3 Microsoft backed platform targeting the cloud first central government contracts which are mandated as a cloud first policy stands a better chance of early success! So there are at present 6 IL3 Platforms ……… soon to be 7!

ITK ......... Cheers for that, so if they can’t channel it, direct sales of Office 365 would make sense ……. I don’t read the following as direct sales ……. it’s specific to the new IL3 platform “We are also hiring specialist and experienced public sector sales personnel to promote adoption of the platform” …….. that’s not direct sales, it’s all about hiring connected people to push government departments in the direction of partners, which has to be a smart move! which brings me onto my “Celebrity Face and Government” post a few weeks back ………. “and senior management are engaging directly with government.” ……… yep, engaging directly, funny that ……. expect a Directorship thingy from some of those in Gov ….. greasing the wheels!

ITK ....... just a quicky, why can't they channel Office365

Where does it say they are looking at a direct sales model?

That is an impressive looking chart!

A tick up ........ and why not

ITK ......... It’s fairly straightforward, if we use cash on the balance sheet from the last reported results then in tandem with them still expecting to hit the loss at PBT level that the market is expecting this year (expected loss of around £5.5m) ……… from that cash is enough to see them through this year, hence the “Board believes that the Group has sufficient cash resources for its immediate needs” The delay in winning the expected MRR growth has pushed expected break even further out, which means they will need working capital to cover the shortfall through 2015, not really that much of a big deal as long as the expected revenue does start to come on stream.

Together they have a substantial interest “*As civil partner of Gary Fitzpatrick, Peter Litten (Deputy Chairman of the Company) now has a beneficial interest in 3,426,500 Ordinary Shares representing approximately 39.2% of the issued share capital of the Company.”