Member Info for KaChing

Steady as she goes, billing to new customers seems to be picking up which makes sense with all the news on bigger firms and banks being targeted by DDoS The next generation launch this quarter which will be sold through the likes of Neustar Inc (a partner) and targeted at the fast moving cloud scene ……… that’s where the revenue step change should come from No debt and as we knew a decent cash buffer

You know it’s bad when the botnets turn into Zombies Corero ‏@Corero 6m Zombie Botnets: Why Some Crime Networks Refuse to Die; http://ow.ly/sLduF

more buys now, I'm almost excited, lol

saw 21p paid, like you said earlier they'll be along when it goes higher

Yeah that would be nice, maybe it's a big wave that we are about to see!

she goes!

Nice one, more than doubled your starting cash in just a few weeks ………. Impressed!

It’s like a coiled spring just waiting for the right news, I haven’t said that before! Scarlett I did my first £1k trade of the 73 compounded ones this morning, I bought INTQ on the back of their trading update, I think it looks like breaking it’s highs on the chart so might hold for a little more than 10% ……….. how are your trades going?

maybe that news is closer than ever now, ticked up

Cloud sales accelerating (slight exaggeration on my part, lol) from Government contracts and SME’s are taking a chunk of the revenue on the G-Cloud http://www.out-law.com/en/articles/2014/january/government-plans-to-measure-cost-savings-from-g-cloud-procurements/

there has got to be a seller as apart from one trade they are all buys today

Investec reiterates a £1.76p initial target Edison see £5.56p looking further out and using their Discounted Cash Flow model based on company targets, that figure obviously goes up or down if targets are surpassed or mist ……… mind you the model is only as good as the numbers you feed into it, they see a 10% rise in target revenue equating to a SP of £9.28p and a 25% miss equating to £2.65p which is still higher than today’s SP Personally I think as usual all the mystic number crunching will go out the window and the market will decide

yeah, maybe it's about to start to pick up, news on the new product launch can't be far off

I think it might be a slow burner for a while, but i'm hoping the SP is much higher than this come the end of the year

I like SNTY as well but at the moment it looks like I’ve missed out on SNTY which is another share growing recurring revenue fast ………. I’m going to be patient and see if it comes back a bit, although I’ve a feeling it won’t But as a SP comparison to OUT as both companies are not profitable as yet but both are growing quickly, SNTY’s share price is on a revenue to market cap multiple of around 17 times OUT is on a multiple of around 8 based on forecast end of year figures, which make it the cheaper of the two at the present time ……….. not that that means much, lol

Morning Arana

I think it has the possibility to be huge. It’s all about recurring revenue which apparently is the thing to look for if you read these BB’s, lol In June 2013 the Annual recurring revenue run rate was at £3.3m in 4 months to Oct it had grown to £6m, so recurring revenue is growing at a fair old pace and it doesn’t include one off professional services revenues Revenue for the full year 2013 is targeted to be around the £5.2m mark, I think it may be slightly ahead of that Revenue for 2014 is forecast to be around the £12m mark before breakeven in 2015, I think revenue has a good chance of being higher than that in 2014 and breakeven could be hit sooner Momentum seems to be gathering I did ask the company if they would be releasing an end of year trading update, to which they replied they would not be but are expecting to release Preliminary results in March

Little buy before the market opens!!

The Vodaphone agreement goes live and will be targeting a larger customer base than was first envisaged (global as opposed to just the UK) It also means that the Monthly and Annual recurring revenue that was on target for the end of Dec 2013 was achieved without revenue being generated from Vodaphone (target revenue was based on these larger contracts coming on line quicker than they have) which means other partners are generating higher revenue or more smaller partners are signing up and starting to generate revenue. All partners will be able to target the Government with Cloud based services this year Potential Multi bagger here …………

Hi, IT SCC looks very impressive, but being a Private company means it’s out of my reach as far as investing goes I think I should have said that by the end of this year Outsourcery will be the only company in the UK able to offer the necessary CESG IL3 secure Cloud Platform required by the Government for Microsoft's existing public cloud platforms such as Office365 and Azure which are not at present hosted within UK borders and therefore are unable to be IL3 compliant. By contrast, the data centres used by Outsourcery are all located within the UK. (source, Outsourcery website) I’m not in your league when it comes to IT, you being an IT Director is huge in comparison to me being in charge of my little desktop PC, but I get the gist of what’s going on and with the likes of Virgin Media Business, Vodaphone, Ingram etc. signing up to resell Outsourcery’s services I dare say some in the sector disagree with you As for finances, being in a company that has the potential to quickly grow revenues in a very exciting sector is where I want to be, yes we should be looking for £5m in annual revenue in the year just ended and we should also be looking for Monthly recurring revenue in Dec 2013 to be somewhere around the £600k area which would see them hitting their targets for growth which is necessary if they are to achieve breakeven before the cash runs out …….. going on the H/Y report and the trading update it looks like that’s on track