Overnight Arria NLG announced a funding update. so on the plus side we know that a party has committed to a good chunk of change which will keep Arria moving forward. Hopefully Lanstead has undertaken extensive due diligence to secure the funding and is confident of the future of Arria. I would be grateful for some opinions and views on what this funding announcement means
As a foundation investor in Arria NLG I have followed this company with great interest. Sadly there have been a only a few highs and too many lows and hurdles. Nevertheless the technology is disruptive and will become important to industry across the planet. Anyway tonight arria have announced that a patent #4 has been granted. That can only be good news. But the news that I want as an investor is more contracts. Especially the progress from one of the proof of concept announcements into a formal contract announcement. Now that is something that will make me happy
I remember a report when Arria signed the three year agreement with shell in May 2014. I think it is also recorded in the west house analysis but the upshot was an expectation that arria would sign up one client every quarter. In the ten months since they have basically been signing a client a month. Early days, but if this momentum continues then my faith in arria is going to be substantiated. I'll keep on accumulating quietly and in small modest parcels
I am not sure if anyone has had an opportunity to read the new Westhouse report - But if anyone gets the chance it will be well worth the effort to get hold of it and read. There are many gems inside the report, There taret price remains the same at 94p. But the big news is lower than expected costs and profitability to be as early as 2017. (could even be earlier - ) Westhouse said various factors combine to dramatically improve the investment proposition regarding risk/reward. We reiterate our Buy stance and DCF-‐derived target price of 94p. I hope there are a whole lot more contracts in the pipeline and the proof of Concept agreements now translate into substantial long term contracts
Quite correct Bazman. I few days ago I put together a list of their clients and the capital value of those clients. I was just staggered. The majority of the clients are multi-billion $ entities. and I think there must be some very good news waiting in the wings. Last year Arria made some Proof of concept announcements. (such as the European Bank, an oil supply company and insurance company. in the next few months I would like to see those PoC turned into contracts. and when that does happen (I do not think "if") then I'll be shouting the beers
I agree bazmanblue. What is good about the Farmlink announcement is the speed from which arria went from proof of concept to agreement. In itself I guess this is on the smaller end of the scale for arria contracts, but it continues to build credibility and revenue. There are several other proof of concept agreements out there. I don't know who they are, but we know there is a large european bank, a Canadian insurance company, an oil industry supplier and a Avaition supplier ( rolls Royce ?????) When these proof of concept agreements come home and are converted into implementation formal supply contracts, then arria will start to get the attention of the market
Can anyone please advise on what the IBM Watson partnership with Arria NLG means and what it can lead onto. it was nice to see a bit of a jump in the shareprice after the announcement (too long in coming in my view) but I have struggled to find any analysis of the announcement.
I see there has been another announcement involving IBM Watson. Can anyone advise what their view of this will be. Like many here I think arria has masive potential. There seems to be a lot of work in the pipeline. I don't know who the new clients are but I suspect that rolls Royce, Deutch Bank, and Baker Hughes oil equipment are strong prospective clients. However procurement processes with large corporations takes at least twice as long as anyone ever expects.i intend to accumulate more share especially are the current price.
interesting news here - "Arria NLG is pleased to announce its fourth new client in as many months, and the second major client in our core industry of Oil & Gas. At the beginning of 2014, we stated that a good year for Arria NLG would be a broad expansion of the agreement with Shell, an expansion in our relationship with the UK Met Office, a first financial services client and a second Oil & Gas client. We have delivered on all of those contract goals on target. Additionally Arria NLG has extended further into aviation and US agriculture and we have delivered 2014 financial results in line with our expectations. Does anyone know who this client is? - I have my suspicion but I am interested if any other watchers here know who the new client may be. If I am correct this might be huge. If it is another company then the one I'm thinking of is hopefully in the pipeline and is a strong prospect.
I am so pleased to see there is finally some momentum. It has been a long time coming, but I think that might be on the basis of procurement processes in large organisations taking so long.but last night (NZ time) I got to thinking about the known / announced initiatives 1. Shell Oil - massive potential, but needs to build on existing base. The good news here is the potential and credibility with other oil companies 2. Metrological service - probably not a big earner - but again large potential to roll out to a wider number of met services 3. Health - we understand there is work going on in this sector - (given the origin of NLG was with Baby Talk). Massie potential but no word 4. Banking The announcement on 12 August 2014 of a new Preliminary Collaboration Project Agreement with a Global Banking and Financial Services Company. 5. Agriculture - on 13 October 2014 the announcement on FarmLink - a use not previously obvious but demonstrates the capability of Arria NLG 6 Aviation - the announcement of 14 October 2014 on the new collaborative proof of concept agreement with a leading provider of power systems controls intelligence to the aviation industry. I googled "leading provider of power systems controls intelligence" and the search responded constantly with Rolls Royce / Boeing. How big is that potential. What I am seeing here is a trend of more applications with strong interest across a diverse range of the largest corporations who are information (data) rich but information (narrative) poor. True the share price has been so sluggish, but I have always had failth in this company and continue to believe in its potential
good on you for holding Valet. You make a comment about the use of this technology in fracking. The answer is yes it will be. Fracking requires the use of big compressors. Compressors the size of buildings. The NLG technology was originally used on compressors on the oil platforms. The great thing is that the agreements with Shell are no exclusive. Once the NLG has been used on a particular type of machine it effectively becomes a rubber stamp for the next roll out of the next machine. The technology is scalable. In the future Arria should be talking to the manufacturers of the big machines so it becomes a part of the machine as it is sold (whether that is jet engines, big equipment for mining and extraction, and maybe even your Toyota in future years)
I think you are correct Valet. The technology is not easily understood, and even those with knowledge of the industry still struggle to get their head around the difference between Natural Language Processing and Natural Language Generation. Discussions I have had with people in the IT industry have told me that what Arria NLG do is "impossible". I think one of the Challenges for the Arria Board is to educate the market. But for those in the know this will continue to be a great investment - but like so many things it will take time.
Maybe I'll stop complaining about my average 63p. I think the shell announcement is very significant because of the signal it sends out to the wider market that NLG is a viable and feasible technology. Reading through their website we can see that they are also engaged in the finance sector, the health sector, meteorological and of course oil and gas. The latter being their key focus. The revenue from this deal was disappointing. However it seems that this will be the launch pad for a roll out world wide with Shell. The integration of NLG into shell over the next three years is a large pilot before an international rollout. I hope that there is another announcement soon of another major client.
I follow what is happening with this stock closely - mainly because I have invested in it. There has been a recent newsletter released on 25 April 2014. here is the link http://www.rns-pdf.londonstockexchan...-2014-4-24.pdf Like many technology shares it can take a while to get traction. There is nothing solid in the newsletter about signing major contracts. But my reading of the newsletter it is evident that the technology has plenty of irons in the fire. The deal with Shell is obviously still under discussion and negotiation. and this is to be expected given it is a very large and complex contract. But when (not if) this contract does close then Arria should be well positioned for a significant lift in its shareprice. Other contracts that eventually follow will reinforce to the market the capability of NLG. I think there will be some interesting developments over the next few months. of particular interest from the newsletter are these excerpts in General "we are able to access prospective client’s senior leadership and place our technology high on their agenda" in Healthcare "we have facilitated a number of focused workshops, attended by both Arria scientists and healthcare specialists, leading to joint project teams collaborating on what we intend to be the first large-scale implementations of NLG technology in the healthcare sector" In Finance "The level of engagement is growing as these prospects are starting to realise the competitive edge they can obtain from our technology in areas like regulatory compliance, enterprise risk management and trade surveillance," In Oil "The sales team left Saudi Arabia and Utrecht with several sales leads and invitations for further dialogue with a number of oil and gas companies, exploring a range of applications including fracking, wells, electrical submersible pumps, data management and drilling." Major Industries are very interested in this technology. I remain happy with my investment (although there is room for improvement) as I will remain a long term investor.
I have re-listened to the tape here to see if there was anything new. Not much sadly - just a promo which is never a bad thing as it may expose Arria to a wider audience. I hope Arria NLG make some major announcement very soon (in respect of Shell and maybe another client in Oil/gas or even finance) as the share price seems to be on a bit of a slow down trend. (and I will pick up a few more as I do hold the faith with Arria that long term this will be a great company.
I was one of several New Zealand investors who bought into Arria very early on. What attracted me to this stock is the back-story. I have topped up since listing and as long as the share price remains low I will continue to top up as I can. Like many of the early investors we are in for the long haul. I am looking at holding for 10 or 15 years to really benefit from the game changing technology that is NLG. Big Data is only going to get bigger and Arria NLG is at the forefront of processing and making use of Big Data. NLG is truly a "disruptive technology" and I am keen to ride the wave all the way.
I have just received the annual report. I often find reading such documents a complete drain. The financials go over my head for the most part (I rely on my sharebroker for advise when trading shares). But I do take a lot of care to ensure I read the CEO / Chairman / Directors reports and the strategic report. I take the view that these people need to ensure what they say in the report is honest and trustworthy and said in good faith. In particular I like the following statements 1. We are greatly encouraged by the growing interest in Arria’s core technology from companies that are now aware of our capabilities in the oil and gas sector through industry conferences, company presentations and news articles published in connection with the AIM flotation. We are confident that we will advance our existing presence in the oil and gas sector and that over the coming months we will achieve initial traction with new clients whilst extending our engagements with our existing clients. 2. There are many potential uses for the Arria NLG Engine across a wide variety of industry verticals. The Group’s focus is placed on those sectors that the Directors believe offer strong opportunities to generate revenue from both Arria NLG Engine licenses and professional services development work, including oil and gas, financial services, healthcare and meteorology. Specifically, the industry verticals of oil and gas and financial services are regarded by the Company as promising targets for early adopters of NLG technology. Both verticals exhibit maturity in the fields of analytical decision support and Big Data analytics. These verticals, therefore, currently form the main targets for sales activity and are likely to do so for the short-to-medium term. Further, the Group’s immediate focus is on extending the existing relationship with Shell continuing to develop the vision of the “articulate” oil and gas platform and obtaining another oil and gas customer. 3. The Directors believe that the prospects for the Group remain very bright. Negotiations continue with existing clients to expand the scope of our relationships which the Directors expect to result in deeper and longer engagements. 4. The Directors are unaware of any other NLG solutions that involve the level of technical sophistication present in the Group’s solutions. Simpler systems are available but their limitations may impact their breadth of applicability. 5. The Group’s initial contract with this key customer terminated on 31 December 2013 and an extension has been agreed on a month by month basis until such time as a new agreement is signed. The Directors remain confident that the new contract will be concluded shortly on favourable terms, Item five goes on to detail the risk of not concluding a contract. However such is the enthusiasm of Shell detailed in the video at the conference I would suggest that the contrac
Aria NLG must be one on the most exciting companies on any exchange. I guess it is flying well under the radar right now, but I believe some more announcements must be in the wind. Today I watched the video on their website www.arria.com. There are also an additional couple of videos that are so interesting. When this company gets the profile the share price can only go up. I'm a long term investor and will continue to accumulate while the price is so low. Off the back of the shell contract alone the revenue streams are extraordinary. And surely if shell (and met service) like it, the the other oil companies around the world will also get excited. Shell is the seventh largest oil company in the world (of 4,000oil companies). What happens if?(or more likely when) 4-5 other oil companies sign up. Or a large finance company, or maybe other applications such as airlines or airline manufacturers? The possibilities are endless. I agree with wolfe17 below when he says there is potential to be a multi billion pound company. It's going to be a fun ride