Member Info for Muck165

And always interesting to ask ChatGBT - I asked it what the market size was for AI workers;

"The value of the AI workers market is rapidly growing, with estimates suggesting it could reach several trillion dollars in the coming years. This growth is driven by advancements in AI technology, increased adoption across industries, and the expansion of AI capabilities in various applications such as automation, data analysis, and customer service. As organizations seek to leverage AI for competitive advantage, the market potential will continue to expand"

From the govt last week - says it all really...

AI is set to be the defining technology of the 21st Century. It is already boosting businesses’ productivity and overhauling public services like healthcare and education. The government is taking action to help Britain’s businesses and job-creators embrace AI, so they can be more productive, competitive, and deliver the growth the UK needs to improve public services and put more cash in hardworking people’s pockets as part of the PM’s Plan for Change. As Europe’s number one destination for AI businesses, the UK is already well-positioned to seize this opportunity."

https://www.gov.uk/government/news/government-puts-ai-to-work-for-bakers-road-workers-and-more

From the BBC feed this morning (6.05 update)

“Trump promised executive orders that would ramp up artificial intelligence programmes”

https://www.bbc.co.uk/news/live/ce8jy9j91y5t

Worth looking out to see if Trump will issue an Executive Order to ramp up AI programmes tomorrow. It’s not just our govt who will be looking to use AI to create efficiencies, it will be a global trend.

This was published last week in the American Heart Association journal. I’ve not had chance to go through it, but just reading the “discussion” bit demonstrates the excellent capability of the test to rule out LVO stroke (97% negative predictive value at 95% confidence).

https://www.ahajournals.org/doi/10.1161/SVIN.124.001559

This is a well respected academic publication

Worth noting here that both Yates and Hand have been attending the largest global healthcare investment symposium in the US this week. Our US revenues are growing significantly and represent over 33% of total. We opened in Wisconsin because that’s what we were told potential US customers wanted, and so this event has come at a good time. Already (from LinkedIn) it would appear Yates has secured more pipeline opportunities (cancer screening).

I do wonder if opening the office was just to attract more US customers, or whether it was done to facilitate the requirements of customers with whom discussions had already progressed.

I don’t know if there is too much argument for there being a delay here….

Yes, we got the TU last year very quickly, but in both prior years it wasn’t until late Feb and into March. And this year, of course, we have the added complication of separating out the numbers from the two acquisitions made, so that true comparisons can be given.

Whenever it comes, all I’m really looking for is a relatively material increase in H1 25 revenue compared to H1 24, and a reduction in losses on the same comparison. Noting that we will have incurred acquisition costs.

I threw in another sizeable amount yesterday because, whilst I’m not expecting the TU to either gives us a rocket or create worry, I do think that we are moving into a rich news period based on history and what we already know is coming down the tracks.

I’ve only been researching this during the course of today and hadn’t seen this because it was put out as an RNS Reach, so thanks for posting!

Q1 live date is obviously appealing. But the bit I like most is “ showing the scalability of its digital worker technology across high-value sectors”, particularly given the clear govt intention to use AI to drive public sector efficiency.

If it is truly scaleable across diverse sectors, public and private, then it has to be worth a punt, especially given the heat in other AI stocks at the moment.

Everything kicked off 15.00 on the dot. Wondering if a CIQ RNS might have been lodged for release tomorrow..

Where are you seeing these trades O&W? All I am seeing on here and ADVFN are a smattering of small trades.....

In case others weren’t aware, Netflix are currently producing an MTG animated series. It will be popular I’m sure with existing MTG gamers, but could also draw in new enthusiasts as just as The Queens Gambit did for chess.

Good for our site mtgrocks.com I would imagine..

https://www.netflix.com/tudum/articles/magic-the-gathering-animated-series-news-release-date-photo

Just a little observation, but if we were to do a deal with CIQ with an option to buy for £2m within 12 months of signing, then we would have to have the money to exercise that option. GFIN was granted authority to allot up to 30% of the shares in issue at the AGM.

Given that headroom restriction, our MCAP would need to be at least c6.7m at the time of any raise (absent any changed authorities) if necessary capital was to be raised in the markets.

Debt might be another option of course, but the fact GFIN are even contemplating a £2m purchase kind of suggests to me that Halley see's significant value in CIQ and the potential for our MCAP to be 3.5-4 times higher in 12 moths time than where it is now.

And in that respect, I can’t see why getting an agreement signed will take six months given Keith has significant influence with us and 0M and both he and Halley have other connected business interests.

Well, news of a CIQ binding agreement would also turn things fruity as well I think.

I think so. Others will be better at this than me, but from what I can see we typically have a gross margin of between 55-60%. So, if we have a cost base of £845k a year, and all restructuring costs have now been accounted for, then we would need revenue of c1.4-1.5m to breakeven.

If that’s the case (and do tell me if I’m wrong!), then I’m not surprised we’ve moved into monthly profit. If CIQ does pan out and Halley is right in thinking it will lead to “significant” revenue uptick, it seems to me that are large % of the increase will represent pure profit.

Noting of course that Directors aren’t being paid at the mo -if they were we’d need a much larger revenue to breakeven. But the fact they’re not paying themselves and are aligning themselves fully with shareholders is, alongside Halley as an individual, one of the biggest reasons I’m building a position here.

Just to be clear, the accounts just released were for a period ending six months ago. Things have moved on, or so we’ve been told.

One reason might just be that people were itching for liquidity after the suspension…

Honestly I think I have read similar comments on almost every set of accounts published by any AIM company.

I have been - for me the fundamentals haven't changed. If what we've been told is true then the company is currently turning a monthly profit and will soon be putting pen to paper on a deal which Halley (who I believe in) considers will see a significant uptick in revenue. A lean mean profit making machine in the making.....

Have to admit that the tweet has tweaked my interest.

If the delayed accounts were all that led to the suspension, then all that's needed (according to the listing rules) is a request for the suspension to be lifted, along with confirmation that accounts have been published and announced.

Unless that means the accounts have to be posted on the website (not yet done) or filed with CA (don't think that's a requirement), then there is no reason I can see for not getting us back to trading. Certainly, I don't really understand what printers have to do with anything!

So I am wondering if there is some other piece of news that is in the offing. If there is, I can't see that it would be bad news given Halley has already confirmed the suspension owed only to the delayed accounts.

Just musing while we wait...