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Well ITT, When you put it like that..........it does not look good does it? ;))) �3.9 turnover....vs �3.4 remuneration - ouch ^.^
6.7p - so far dividend hunt went profitable.
�20m revenue would imply �100m+ market cap at ebitda 5 - not impossible in 3 years. Maybe we will have �1 party then! :P
Let's say that's really the case. So for next round of funding they'll only raise about �2m (as stipulated somewhere - don't remember where) - it might actually be one of the few cases that SP goes up on the equity raise. Having a cost base of 650k per month (circa 7.2mn ) and they will only raise �2m funding - surely this must be viewed as a turnaround. One would hope.
...interested in....is where FinnCap got the �10m expected revenue from. It must've been a conclusion to at least some discussions with the company, rather than being invented out of thin air - as, at a glance, it sounds a very outlandish number to come up with (almost 1000% increase from previous year). I genuinely hope that they've had a solid reason to come up with such forecast.
No idea, CB, yet you put 2nd half zero revenue as fact..... You're right - no point getting stressed over (^.^)
Wonder why the results for half year said 573k then 1.2m for full. I guess "collected payments" <> revenue recognition for the period, as you are probably aware?
1.2m minus 573k
It wasn't zero CB - it was �1.2k minus 573k (first half). What's your point in not checking obvious stuff?
Nope Vas, I was done yesterday. No more for me at the moment.
Considering that India wants smart meters for $20 (�15), and that one Pizza costs about $20 (�15) I think we will have a bit more of a challenge reaching �1 billion turnover than pizza express ;))) I think there are more pizzas eaten than smart meters installed.....although pizzas don't bring recurring licence and maintenance revenues! :P
10p target reached - doubled up. now only 22p average :D Just need to double and a bit to break even whoohooo!!!! :D
CB did you read the statement that you have quoted? SINCE PERIOD END - to me that reads the invoice from UK is realised AFTER 2017 - and thus wouldn't be included in 2017 results.
Tony - he/she could. but also could face another instant 20%-50% erosion of their investment if it turns out that the next fund raise is equity - which is very likely.
...that we will get results today..... ...another week I guess... :/
To be fair Vas, the language my company uses (and I work for AIM quoted company) to define near / medium / long term is usually: Near term - 6-12 months - as in CURRENT financial year or beginning of the next one if you are in the second half. Medium term - 1 - 3 years Long term - 3-5 years (this usually refer to business plans / strategy documents etc), as 5 years in stock market is an eternity - world can fall apart and be brought back together in that time ;)
I honestly don't know - but I would love for it to be over �2m at least, not getting my hopes up of course, but maybe...just maybe then people would start believing about revenue actually accelerating.......if they can keep it up of course. Which in theory (considering the "pipeline" of orders etc....) they should.
Vas, not sure about "market" expectations, as don't know how to access that information and where it is...but trading update said that for first half 2018 they expect the revenue to be above �1.2m (more than whole 2017). Not sure whether that places it on the road to meet THE expectations or not.
Hi LTI.
...email from the company re Biggles & Nightingale - the exact reply is below. -------------------------------------------------------------------- Thanks for your email on Tuesday this week. This was caught up in our spam filters and only came through to me on Wednesday, and despite me replying on Wednesday it appears my response was also caught up in the filters. I�m now attempting response via a new email thread. The 2 companies you have queried and refer to in your email (Biggles and Nightingale) are not the companies who have invested in CyanConnode, and we aren�t aware of any changes required to any holdings listed on our website. We would only amend the details on our website upon receipt of a TR1 from a shareholder advising of a change to their holding.