Member Info for KaChing

r …… I’m hurt, asking that question means you have been taking no notice of my posts, good man very wise, lol zing ……. I’ve switched to Yahoo, but I’m getting the same info as google, help, lol ITK ……… $1 billion is as near as damn it £500m …… just as well you IT guys don’t look after the numbers! Who’s right the IT guys here or Outsourcery …….. you decide!

a sound move to wait to see the results in July for additional info

However, it is the potential pipelines of government work that Linney is particularly excited about. “Francis Maude at the Cabinet Office is on a drive to push SME procurement,” he explains. “The Government wants to disintermediate the big boys and create opportunities for smaller companies.” The Government also wants to save money, he adds, and many of its legacy IT deals are cripplingly expensive. However, moving data to the cloud is a challenge for the Government. Issues over security are easily overcome: the modern cloud can be more secure than Fort Knox. Data sovereignty is an altogether tougher nut to crack. “The data has to be kept on UK soil,” explains Linney. “Microsoft’s clouds are in the US, Amsterdam and Dublin. So if we ever go to war with the Americans, Dutch or Irish then they’ve got our data. The chances are very slim, of course, but policy states that it is a concern.” Outsourcery has teamed up with Microsoft and Dell to build a secure, UK-based cloud platform that meets all of central government’s security requirements.

Vodafone has just spent two years integrating with Outsourcery and, as of January this year, is an official reseller of Outsourcery’s Microsoft-based cloud services. “Vodafone has put a huge amount of time, money and resource into this relationship. Companies that size don’t do that just to generate a few million revenue,” he claims.

Linney blames his company’s lagging share price on the spate of overpriced technology IPOs in recent months. “This has caused a hit on tech stocks,” he says. “When the market sees all the brands we have coming on board, and the government contracts coming through, it will flip very quickly.” A bit of press for the slayers to rip apart, lol http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/10901771/Dragons-Dens-Piers-Linney-keeps-feet-on-ground-and-head-in-the-cloud.html

just me, or are guys and girls on these BB's getting too serious, lol ........

http://www.shareprophets.advfn.com/views/6007/mirada-we-are-well-ahead-on-this-share-tip-but-still-cheap-at-a-1525p-offer

I've been expecting a big order for over two years, lol ........ still having the larger WSG investors in ACTA all at the same time probably means I'll have to wait another two years, lol

LOL ……. zing, I wish I could take you seriously!

I’m just a simpleton, so I keeps it simple! …… Monthly Recurring Revenue, that’s the bit that interests me……….. and can they grow it! Well, they did in 2013 and it seems most of the growth came in the second half, which saw £300k MRR grow to £600k MRR by the 31st Dec 2013 and that growth came from the growth in smaller partners to 500 odd smaller partners 1st of Jan 2014 they have £600k MRR and expect at least £1m in non recurring professional fees during the year …….. which means if they add no new revenue from the 1st Jan to the 31st Dec 2014 they would still see year on year growth of around 55%!! (£8m) From figures provided by ITK on this BB (I’ve no idea how accurate the figures are) we can see that if they win no more contracts other than the two new contracts won and RNS’d in March and June this year they would add £100k MRR when fully deployed I’m guessing they are still adding new revenue on a regular basis and indeed the CEO says they are starting to see “tangible returns” which suggests they are still growing, so it’s a fair bet that they will grow a lot better than an already impressive 55% mentioned above and should back up the CEO’s claim that 100% year on year growth is achievable! That’s what excites me …….. and I also see the fact that the CEO now has a “celebrity” face (for want of a better description, lol) as being a positive for OUT especially when it comes to Government contracts in the future, Politicians love to be photo’d with figures like the CEO especially if they are proving/announcing a cost saving measure to the British public, lol For reference, gross margin of 36% which is forecast to improve as revenues rise. Too simple, probably!

I use twitter to get a better idea of some of the companies I’m interested in, using OUT as an example I’m now following various Microsoft links and UK Government links as it is giving me a better understanding of what it’s all about …….. with a company like ACTA I follow companies like Ballard etc. that are selling into the same sector, it gives a feel for the traction in the market for their products. As for looking for new companies I just use this site and twitter a little bit, following you and others gives me plenty of companies to research ……. some I like (like AEO) some I don’t, some I’m a little more wary of like WSG, but at the end of the day we all go our own way. Actually if anyone out there is after some proper companies on AIM that are earning money to research about, you could do no better than to follow shan IMO …….. since he’s got into the financials he’s pulled out some crackers, some he goes for some he doesn’t but he does highlight them, which makes it easier for the rest of us!

I'm only pulling your leg ......... I follow him on twitter and the pair of you seem to like the same shares, I see that as a positive!

If you are already a Stockopedia guy, there was no point in asking me the other day how their stockrank works as you would already know, lol ……… No I’ve not been in contact with the Directors at OUT, I see no point in talking to these guys and girls that run companies, they are always bullish and shouldn’t give you any info that you can’t find in the Public Domain, so apart from deciding from a conversation as to whether we think they are nice or not, nothing else is gained! I was thinking about OUT this morning while reading the VIY Admin Doc, OUT has revenue and as far as I know is still growing that recurring revenue yet the Market Cap is less than £9m …….. VIY at the current SP will have a market cap of around £30m with no revenue! ……. I love the market!

Morning ink .......... Start with the 2,689,460,366 current shares in issue which will be consolidated 100:1 to give a figure of 26,894,604 as the starting point. 95,454,545 new shares will be issued to “pay” for Premaitha Health Limited 59,090,909 new shares will be issued via a placing 6,723,651 will probably be issued to us pi’s as an open offer Add all four of the above numbers together and the figure is 188,163,709 shares in issue, at 11p per share gives a market cap of £20.7m There are 30,871,933 possible new shares that are designated as warrants and option shares after the deal goes through ………. but obviously you only add them as and when they are triggered ……… even if they are not triggered they will still be added to the 188,163,709 to give a fully diluted EPS figure in the results Basically when the deal is approved by shareholders there will be 188,163,709 on the market and that is the figure to multiply by the SP to get the current market cap ……. All the above is set out on page 4 of the admin doc. http://vialogy.com/pdfs/AIM_Filings/2014/Admission_document.pdf

http://video.ft.com/3619767989001/Start-ups-share-visions/Companies

A quick reply to number 2) in your 12.22 post Free cash flow is gathered from the Cash Flow Statement in the results …… Look for cash used/generated in “operating activities” then look for the figure from “investing activities” …….. take the inv. activity figure away from the operating activity cash number and that will give you FCF Basically means the company generated enough cash to run itself and pay for new items like property/plant etc out of cash generated and still had cash left over ….. FCF

They have patented product that should be a game changer in producing on-site hydrogen for use by fuel cells etc. …….. I think it is a game changer! It’s taken them a while because the tech being so new takes time to gain trust in the market, can it do what they say and how reliable is it etc. They seem to be slowly but surely gaining that trust/knowledge and are seeing orders pick up, even if it is slow ……… But it looks like the industry is taking notice because no other on-site hydrogen generator in ACTA’s generator sizes can get anywhere near ACTA on price and price has been the major barrier to entry Once they achieve that first major order (50 to 100 units) I think this will fly …… they say the second half of this year! If you are looking for a company that has decent revenue and cash flow, this isn’t it, yet! …… but buying or holding now is all about the orders turning into revenue and cash flow in the future.

Two believers on the OUT BB ........ I don't know what to say, lol

I don’t check the bid/ask here like I do if I’m trading so I don’t know if it firmed or not, but I do know that I can sell all mine at 23p now and that’s the first time in weeks that I’ve actually been giving a price, but like I said earlier I don’t think you can read anything into the info on trades at the moment. The dragon admits that the market doesn’t really understand OUT (media link above) at the moment ……. whether they should say something about the fall in SP is a personal thing I guess, it doesn’t bother me …….. you can trace it back to bigger sells in an illiquid stock, which is always going to end badly! They have organised an Investor/Analyst day on the 30th of this month, so hopefully we might start to see some press in the future. I’m not interested in understanding all the tiny things, I get the OUTline of what they are about and I just want to see growth, I saw it last year and as you say they expect to meet market expectations this year (around the £12m in revenue mark, which would be double last year and doubling is something they say they can achieve year on year for a while! ), they have released news since Jan of new contracts etc. so it’s not like the market is totally in the dark Where the slayers focus on the RNS with the word trial in it, I tend to see words and sentences like “2013 growth came from the smaller partners with not much coming from the Premium partners which will change in 2014” that’s not an exact quote, it’s me piecing together info, but that info is out there …………. and “starting to see tangible returns” etc. and this is an “example” of a particular model, which says to me they are winning others. I’m certainly not saying there is no risk here, if they can’t keep growing at pace, then cash will run out, there is no doubt about that, but if they can grow as quick as the last 6 months of 2013 (my rough calcs was for compounded monthly growth of around 12%) then I can understand why they say they have enough cash in the “going concern” statement. If they do need cash and they can show that they are still growing strongly but need short term working capital, then I’ll still be happy, the need for cash is why they listed! the dragon has said it a few times. I’m in waffling mode, lol

ITK ……. Cheers for all the info ramputsnik …….. no it wasn’t me, I like risk but not that much, lol rid …….. 23.04p and the ask has gone from 25.5p earlier to 26p ……. not that any of that has meant much lately, lol