Member Info for Rocka999

Good news regards further acquisitions, it's a pity the ask is as high as it is, I'd have topped up some more

Can you share with us your insight that we're not getting close ? I've already posted why I think it will be June, not going to keep repeating myself

The guys have been lambasted for saying too much and not delivering and now they're getting lambasted for saying nothing so they're on a hiding to nothing no matter what they do. We're getting close to the grand opening at Andover and I expect they want this to go off without a hitch which is not surprising, the world is looking on.

Nice buy, the spreads a little excessive right now so even more intriguing as it's not a day trader

The Tesco staff are in rebellion and Amazon are soon to enter the fray, what timing !

You're both correct in that the BOD need to stump up some cash and buy more shares in the company if they're that confident in the future performance of MDZ, I've been saying this for sometime now. There are shares options available to the staff at .30p so there is some incentive to get the lead out. Mr "Share_r_us" I can assure you I am invested here and have been for four years as I'd posted, in fact I believe I've been on here longer than any of you for the record, maybe you didn't read all of my earlier post? I sold out on the spike and bought in again lower as I advised at the time. I won't be emptying my back account to buy more until I see some progress on the profit front !

This was once 56p but that was over 11 years ago so a 99.75% decrease (ouch) pleased I wasn't buying in at that price. Shows not only how much water has gone under the bridge but also the amount of dilution even since I started investing here 4 years ago. It must be dawning on Geoff & Co that this can't continue and as I said time is running out to get MDZ into profit. You can't carry on drawing those big salaries for a nil return.

Looks like sentiment has changed here for the better

I've still got a little faith in the management (although severley dented) the placing was a killer but in all essence realistic considering. It's going to take some time getting back into double figures and as you say further acquisitions on the way.

Video search and advertising technology provider Blinkx spent FY15 riding shifting sands as part of a necessary realignment in response to shifts within its market (see here for the background). As expected it showed up in the numbers, but so did its progress. While total revenue for the year to March 31 2016 dropped to $167m from $215m and loss before tax rose from $25m to $94m, the Core programmatic products the company has bet the business on are moving in the right direction – and quickly. Core programmatic revenue saw a satisfying increase from $45m to $75m. However, revenue from other core products declined from $59m to $41m so while the total revenue for Core products was up to $116m, (from $103m), there is still work to be done. The Core area of mobile, video and programmatic trading now represents 70% of total revenue and the RhythmOne platform is proving to be a real asset and capable of attracting the all important programmatic partners. In fact, Blinkx made substantial progress, signing up partners across the board. With the technology in place (with scope to grow), a large part of its success will come down to the volume and quality of its partners in what is a tough and volatile market. It also needs to continue its cost control, building on the $40m reduction in operating expenses achieved through the year in order to move back into (sustained) profitability.

http://www.independent.co.uk/life-style/food-and-drink/ocado-food-waste-the-real-junk-food-project-online-supermarket-cafes-scheme-a7027851.html Can't believe they're giving food away, we'll never make a profit at this rate..................o wait !

Wouldn't hurt for the directors to take a pay cut and have options for hitting performance targets such as sustained profitability for instance over a 3 year period, getting this voted through would be difficult in the current circumstances ! Does anyone else find it odd that the "investor relations link on their website is right down the bottom of the page and is the smallest font on that page ? Not being paranoid am I ?

Small quote from Trevor Strain CFO at Morrisons last week:- "Actually on online, as we move through filling up the capacity at Dordon, the marginal contribution from the orders we made the incremental orders we make obviously spread over the fixed cost base and that’s helping us as we grow to be on that path towards breakeven at Dordon" This would suggest they're not as yet fully utilising the additional capacity at Dordon and have as yet to reach the tipping point. This fits in with the agreement where they don't expect to see a profit until 2017 as I posted He confirmed Morrisons annual sales are circa £300M for online For me Ocado losing money right now wouldn't bother me one jot as they're still putting their structures in place and I refer to CFC3 and CFC4, Hatfield will become a legacy issue as it doesn't offer the efficiencies of the new sheds. If they're losing money come 2019 then I'd be concerned as Tim and Duncan would be when they don't get their bonuses!

They don't make a profit and haven't done since at least 2008. Sales are actually greater than the MCAP so there is an argument here that the SP should be higher than it is but once again we have yet another placing. Last chance saloon for me if there's no progress this year, we're just getting dilution to pay the BOD's wages currently, a harsh fact I'm afraid. For the all the great products and contracts they have the company should be doing a lot better and I don't know why they're not achieving better results? The crumb of comfort for me is the Retail Anaylytics tool, but the jury is out.

Good news regards the trials which appear to have been successful, although I don't really have much knowledge regards the tanning process itself which can vary I gather, if it achieves a 50% reduction in water and effluent generation then I can see this as a further step towards commercialisation as stated, cost savings must be enormous I'd imagine

Short term pain for long term gain "The consideration for the Disposal is £2.8 million, payable wholly in cash. The proceeds of the Disposal will be used to further Pinnacle's stated strategy of consolidating a highly fragmented market of smaller IT services companies to become a provider of 'IT as a service' to the SME market in the UK" "Following the recent disposals of RMS Managed Security and its shareholding in Stripe 21 Limited, the Group now consists of the businesses of Ancar-B Technologies Limited and Weston Communications Limited acquired in February this year. Both are trading profitably in line with management expectations and generating cash" Gavin Lyons, Executive Chairman, commented: "The Disposal represents a significant step forwards in achieving our strategy of creating a strong 'IT as a Service' business with recurring revenues and higher margin services. When I was appointed in December 15, it was apparent that there were many legacy and operational issues that needed to be addressed within the Group. Through the disposals of Pinnacle CDT, RMS Managed Security and Stripe 21 we now have a stable financial and operational platform to build on. The focus is now entirely on the integration of Ancar-B and Weston Communications whilst utilising our cash and management resources to consolidate a highly fragmented market through acquisition so we maximise earnings and value for shareholders. I am pleased with the progress being made on both fronts".

I believe Brexit fears are driving sentiment here as well as elsewhere, just have to ride the storm for now

We can't suppy you with figures regards the Ocado Smart Platform as it's not operational yet, I believe we've already had this conversation. Every new CFC is an improvement on the last so when we have some trading figures coming out of Andover next year, we'll all be a lot wiser, even yourself Hool

Could be another large order, who knows?

I've taken a punt here (for want of a better word) and I'll see how it goes, the SP seems to have settled down a bit now