Member Info for Resistance1

Some reasonable buying at last, leading to an uptick

Interesting change of management focus on what businesses are now considered core. It indicates the potential sale of Adaltis, the Italian diagnostics business. This must worth a significant sum to the right buyer, and perhaps the sale could be linked in some way with ADOR which needs further investment to bring it to market. The presentation of a more tightly re-focussing of the group than that presented in the 2023/4 strategic plan must be a reflection of new advice and guidance the Directors have received

Thoughts welcome on the year end’s due soon. Will they mark a turnaround in the fortunes of hard pressed investors? The new major holder is already wearing paper losses and positive news is much needed all round. I’m looking carefully at core business growth. They all operate in fast growing sectors where 10% revenue growth is considered standing still.

My view is we need some large contracts in edge and cyber early in the coming year to replace the lost turnover associated with the medical distribution and other businesses that have been sold. A business with $100m + of revolving (and subscription) tech revenue per annum will be worth a multiple of the historic valuation of a turnover made up of medical distribution and medical waste generated revenues.

The shares maybe used as part collateral in take overs which are also a key part, and more important part, of the execution of the corporate strategy. A cash and shares acquisition would be my best guess,

Has anyone got the webinar link or registration link for later this week?

After the weak second half figures and full year I was actually relieved to see these. Networking back on track and diagnostics growing. Not moving as fast as I would like but heading in the right direction. Overall positive.

Now seeing a steady stream of these BAU orders. The benefit of a good inventory means fast fulfilment of these orders, probably a key advantage in tenders. I’m awaiting the big one, the next large blue chip scanner order but orders in general seem to gathering pace

Better still if edge subscription revenues are large enough to be split out from the overall networking division figures

I’m expecting next months results to be a positive turning point for all of us here. After recent disappointments this will be welcome. Extra insight into the delivery of the strategic plan with guide timelines for further disposals and acquisitions would be helpful.

Pleased to see Kromek has won a contract in the 1st batch awarded under the framework. Took nearly a year for the Govt to get these out. Perhaps with the UK’s drive for ‘growth’ contract awards may now be sped up, let’s see. With a very small pool of approved suppliers, you would hope us to win at least around £5m a year over the next 3-4 years based on the total size of the total potential budget laid out in the agreement.

I doubt he was sacked, perhaps he got another role? The Company clearly had time to re-engage a replacement who knew the business.

Basically just speculation. Lets hope the ceasefire will hold and an outbreak of peace will propel us in the right direction for once

Pleased to see this hold up despite the challenging news. Bad news was already factored in. Once this is over, hopefully soon, deal news should start to power this on up.

More than likely not contract or partnership news as couldn't be flagged in advance. Maybe a new mission statement or strategic direction though the mention of colours indicates something visual like a 'new look'

Palo Alto Networks (Nasdaq: PANW) is set to buy AI cybersecurity company Protect AI for an estimated $650-700 million, sources inform "Globes." According to PitchBook, Protect AI raised money last July at a company valuation of $460 million. Although Israel has many cybersecurity companies in this field, including Prompt, Lasso, Apex and AIM, Palo Alto Networks, founded by CTO Nir Zuk, is choosing to make this substantial acquisition in the US - with at least two prominent companies in the field reportedly on its radar. One is Protect AI, a US cybersecurity company founded by local entrepreneurs, but with several Israelis involved - including Shlomo Kramer, a serial cybersecurity investor as an angel investor, and Israeli Big ID CEO Dmitri Sirota as a former advisor and seed investor in the company's first financing round in 2022

Telebras deal looks like a good opportunity for decent subscription revenues.

Yep if Telco continues to improve as they report then this year should be strong. Telco wasn’t impacted by the events in Israel but maybe with its own internal product cycle and the comms market being flat.

Wont process my order

Markets reacted calmly to yesterdays update. Major holders seemingly onside. Now it is up to management to expediate the strategic plan at a greater pace. I want to see the long touted acquisition happen in the next Q1. Long term holders have remained faithful through thick and thin and a reward is overdue.

Will be a day of pain but the direction of travel with slimming down the group is right. This time next year should be in a much sunnier place.