Member Info for KaChing

I didn’t stay in PIP, I bought 75k shares on the 5th of Nov and sold on the 8th for about a £350 profit, it is another one with promise though, current assets cover current liabilities and a big jump in revenue from the previous year. I hadn’t looked at since I sold, might take another gander now, it would be a good one for you to do a piece on the new GC page

time I saw a 666 trade there was a significant order soon after, or was there! lol you guys and your codes, the Human being will always see things that are not there .........

I took a nibble first thing (27k shares) to get a foot in. They have a strong balance sheet, Net assets are still more than the M/C today (only just) Current assets cover current liabilities by more than 100% and actually almost cover total liabilities by 100% ………. Strong!! Cash of £2,198m which is more than enough to see them through this year’s blip (hopefully a blip) The cash pile is also enough for more than 3 times dividend cover for those looking for income (based on this year’s total divi pay out of £653k)

Yeah, it looks like r has found another turnaround, he posted a link a few posts back on synergies surrounding the recent significant buy in here by John and Linda Watkins ………… it does seem an intriguing stake for John Watkins the Executive Chairman of Trakm8 who holds over 20% of that company to make

Great write up on the GC page, cheers for putting it on the radar

Edison note reflecting on the recent placing and what it’s for, seems like a decent report and based on Management targets their Discounted cash flow model sees a SP of £5.46p and obviously lower if targets are not met ……….. you’ll need to sign up to the Edison research to see it (it’s free) “Our base case discounted cash flow, which is based on management’s targets, calculates a per share value of 546p (up from 464p prior to incorporating the IL3 platform). If revenues in five years’ time were 25% lower than forecast, we estimate this would reduce the per share value to 265p, still substantially above the current share price. The markets will need to see evidence of consistent growth in MRR for the share price to move towards these values (we note that MRR of £500k in October was 18% up on the August level). However, if management can deliver on its strategy, then the potential for valuation upside is significant.” http://www.outsourcery.co.uk/Outsourcery/Investor-Centre/Pages/Analyst-Coverage.aspx

Yeah I read about the 4 year contract coming to an end and the delays in France & Germany ……… positive news on the later would see some movement, I’ll have a look at the Trak link later, cheers for that. They have plenty of cash, so if there is a small loss this year it won’t really have any effect on capital which is a plus and a novelty for a small AIM share, lol ………. It does look good and with the cash pile they are in great position to ride out a “blip”

Another DDoS attack at NatWest ……….. come on NatWest …….. who are you going to call!! Call CNS and get their First Line of Defence integrated, you know it makes sense!! http://uk.finance.yahoo.com/news/natwest-hit-fourth-online-banking-222428684.html

How OUT earn their revenue …….. Strategic Partners: …… These partners are typically large enterprises and have well-established and large customer bases of their own. A detailed joint business plan with revenue targets is agreed with such partners. Strategic Partners commit significant resource to the partnership and the Group expects each to generate at least £1 million of ARR (or approximately £85,000 of MRR) within one year of launch. They currently have 7 Strategic partners Premier Partners: …….. The Group will classify as a Premier Partner any partner which it expects to generate at least £0.25 million of ARR (or approximately £20,000 of MRR) within one year of launch. Premier Partners may not have an existing sizeable customer base and will typically have end-customers that are medium sized businesses or public sector related clients. Premier Partners are likely to sell a mix of multi-tenant and dedicated solutions. The Group currently has 47 Premier Partners. Premier Partners are assigned a field-based account manager whose job it is to develop a joint business plan with the partner with the intention that the partner may become a Strategic Partner over time. Approved Partners: …….. The Group aims to drive volume through its Approved Partners, engaging with them primarily through the Group’s self-service automated portal. The Group’s “In Partnership with Outsourcery” channel programme aims to identify and promote the more active Approved Partners. Approved Partners can access telephone account management and full support for a small monthly fee, which helps identify those partners that are the most committed. This fee is waived once the partner has built a threshold runrate of new monthly recurring revenue. Approved Partners are more likely to sell multi-tenanted services where the price includes the application licensing as well as the infrastructure and support costs. Such services can be provisioned automatically and the Group will continue to improve the portal over time to allow even more complex virtual servers or private Cloud solutions to be deployed from standardised templates. The Group currently has 33 Approved Partners. Standard Partners: …….. A Standard Partner is able to sign up with the Group online and will receive an on-boarding call and access to the Group’s portal along with some training materials. The relationship is designed to be low-touch to allow thousands of partners to engage and start selling Cloud Services with little up-front investment from either party. Those that decide to commit resource to selling Cloud Services are expected to become Approved Partners in due course due to the enhanced support they would receive. The Group has over 221 signed Standard Partners. The Directors expect traction amongst Approved Partners and Standard Partners to develop during the cours

The GC page is a great idea, it means the info doesn’t really get swamped in endless one line posts and as long as people keep to the format you have posted then anyone who posts has had to have done some research. This one is another recurring revenue model company ……… I’m researching SNTY at the moment as I’d seen you and HH mention it, if no one posts about it on the GC page I’ll do another post.

Corero ‏@Corero 2h 2014: "DDoS attacks can only get worse"; http://ow.ly/s6ghv Corero ‏@Corero 6h Lessons From 5 Advanced Attacks Of 2013; http://ow.ly/s5RUO

Yes the "The risk is things don't go to plan." ………… the good thing is that they have stated that things are going to plan, so far. Nothing has changed in how they make their revenue, it is the same now as it was when you invested after they listed, you seemed to be quite bullish when the SP was rising What we should be looking for in the short term is for revenue at the end of Dec 2013 to be around the £5.2m mark which is the first marker for them being on track to achieve breakeven and profit by 2015 (the MRR has already gone from £300k in June to £500k by the end of Oct which is impressive growth and puts them on track along with one off prof service revenues to hit this year’s target) The recent placing was for a new and separate part of the cloud offering from OUT, the placing has nothing to do with the part of the business that listed in May, it is for a dedicated secure cloud platform based on Microsoft tech for OUT’s current and future partners to use to target the lucrative Government contracts, Microsoft chose OUT to build and run the necessary IL3 compliant cloud platform necessary for OUT’s partners to be able to clinch the Government contracts.

Pete, that’s at least twice now that you’ve said what OUT really need are some contracts …………. The fact you keep saying it give away that you don’t understand how or where OUT’s revenue comes from.

This was always a trade for me when I bought after the RNS saying a new shareholder was subscribing for a £1m odd at a 129% premium, but when you look into why they wanted in (India) it might be worth holding on to some a little longer ………. I’ll decide when the SP rises and how quick

If the Singapore news is positive and I see no reason why it shouldn't be, after all why re-apply for the contract if they haven't sorted out what was asked of them anyway, this should move quite quick, he says rampingly

All other parts of the business have returned to profitability again, once the news comes on Singapore it should give the SP a lift up to where the new shareholder has just paid, 6p O/T one for 2014 and beyond OUT, looks impressive

The recent placing is for all intense and purposes a separate entity, it will be used for targeting Government contracts that require a higher level of security and that already use Microsoft software and would mean that for now OUT will have the monopoly as they would be the only company capable of providing the CESG IL3-compliant platform for certain Government contracts which gives all their partners an advantage The use of funds is quite clearly listed as been used for the new entity, not for the original business ……….. “The net funds raised are expected to be utilised on the following basis: £1.0 million for setup costs such as platform design, build, security and accreditation; £2.5 million opex requirement to fund losses through to IL3 break-even which is expected to be during 2015 at approximately £2.5 million of IL3 revenue; and £0.5 million for contingency.”

They currently have about seven ”Strategic” partners who generate the largest amounts of revenues (BT, Atos, Logica, HP, Vodaphone, Virgin Media and Ingram Micro UK) they are expected to hit a monthly recurring revenue of around £85k each by the end of the first year of the contract, thereby generating £1m in annual recurring revenue (each), which is expected to grow. The next partner stage is their Premier Partners and on admission to the AIM they had about 47 Premier partners and growing, they are expected to generate around £20,000 of monthly recurring revenue by the end of the first year of the contract, the equivalent of about £0.25 million of annual recurring revenue (each) The next partner stage is their Approved Partners, these partners pay a small monthly fee to access the services and the fee is waived once they hit a certain amount of recurring monthly revenue (can’t find any reference to figures), on admission to the AIM they had around 33 Approved Partners

The £10m they raised on admission to the AIM is estimated to see them to breakeven and they say they are on track which means full year revenue to Dec 2013 should be around the £5.2m area and they are still confident for their growth prospects in 2014 (estimated revenue in 2014 should be around the £11.2m area) If things go close to plan then 2015 will see them profitable with an estimated EPS of around 7p The risk is things don’t go to plan

Bought my first lot this morning ………… looks to have huge upside if there projections are hit (and they are on track according to the info in the placing RNS)