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In terms of Omnimark maintenance revenues it has taken nearly a couple of decades to reach these levels. In terms of Migrate revenues these are only around the few hundred thousand mark and they too have taken some 10 years to reach these levels after a tremendous amount on hard work and effort from management. Bearing in mind that Migrate is their star product. Let's not forget that Migrate revenues have only reached these levels after years and years of incremental enhancements. These enhancements as we all know has taken and will continue to take years rather than months. I think the question that is on everybody's mind is "when will Author Bridge start to contribute to the bottom line?" They have stated in their annual reports that they started developing it in 2014 with IBM. 2 years later in 2016 it was put onto IBMs systems and was put into the Nuclear Regulatory Commission. A further year later Author Bridge was available as a trial version around March 2017. Stilo have also said that they still need to do work to get it ready which clearly is taking a lot longer. Those 2 jobs have been advertised for over 8 months. They too have said that the Migrate Jats service is going to be incremental just like Migrate Dita. I really do think that it is still going to take a considerable amount of time before we see a meaningful difference to the bottom line. I am in this for the very long term and with no further announcements expected until their year end in March 2018; difficulties filling those jobs; huge delays with Author Bridge with it still not being ready; incremental changes to the new Jats service for which customers will come on slowly, I believe time is the most important factor. Deliver they will but it is taking a tremendous amount of time. Let's not forget it has now been nearly 4 years since work on Author Bridge began and they have stated that it still needs a lot more work to be done. After the work is done and during this time management still need to continue marketing it. The long haul is in the making unless Stilo can make some major and immediate progress but as we all know these complicated and intricate software products take masses of time like Omnimark and Migrate Dita before. They take years and not months. Already they have been working on Author Bridge since 2014, only have 2 small agreements with 2 companies, whilst recently stating that they still need to do ore work to it. So, already 4 years have gone by and no meaningful revenues have been generated. This share really is for the long term investor and there are many of these within these boards who have been waiting for decades. Quite a lot of very long term investors here who have been waiting anything up to 15 to 20 years to date. That is some waiting. In closing, we all know Stilo will get it right at some stage. Like everyone who has been a long standing investor knows only too well its a question of when t
I agree completely that I have had different opinions of Stilo previously but with what they are doing now and with the launch of AuthorBridge this company is only going one way and that is up!!!! Absolutely and completely!!!!!
In relation to "those others", it is sometimes a given fact in life that "those others", sometimes, sometimes, not always but sometimes, know quite a lot and that lot counts for quite a lot. Nothing wrong with that its just the way things are.
OK. I am more than happy to agree that he will be making an announcement shortly. In relation to the demand of stock this is simple really. To those in the know it was another very good opportunity to get into it at its present low prices; and, a bonus for those who are in the know who decided to pile in again.
Even a man of your expertise, knowledge and strength know that the only reason the share price has gone up today is for a single reason: Because of the substantial amount of shares that have been bought today that are showing and the others that are not showing on the systems so far. Not because of an announcement that is due in December. In fact, it would not surprise me in the slightest if no announcement is made in December and the comply simply going about its business regardless. This really is the best laugh I have had so far this week.
If one wants to get some knowledge around the new Authorbridge product the company are holding a Webinar today at 5.00pm
I agree. This is a good little company that is growing slowly. Stilo is not a quick in and quick out company. Definitely a long term investment. It ticks all the boxes for me BUT it is going to take time for it to continue its revenue and profit growth.. This will definitely happening and will continue to happen. 2016 should be a good year but you need to look at 2017 and 2018 to see what real kind of improvements will happen. Disappointing that the CEO has sold a third of his holdings. If he knew that the share price was going to go higher anytime soon he would not have sold. He also knows though that the share price will move in 2017 and 2018 as do all the longterm investors.
Lukehere I totally agree. Absolutely going to be a wonderful set of results that will come through in due course. Stilo is definitely going places. Lets see what the AGM brings in May. Absolutely got my support 150%. Those who buy now will reap the rewards.
Quite normal for it to fall at this stage post results. Quite common. Nearer the AGM stamement and 6 months in September it should go back up to the levels recently experienced.
Couple of big sells this morning. Profit taking going on.
Lol. Absolutely. stilo has definitely turned the corner and upwards and skywards from her. I firmly believe now that anything that comes from them is going to be on the plus side: revenues, profits, cash, dividends, customer base, products, the lot. As we all know it as been a frustrating and long road but everything they are now doing is absolutely great. Looking at the amount of quality customers that came on board for Migrate in 15 is another massive testament to their products.
I have been a fierce critic of Stilo but I am now accepting that they are doing a good job. Management has made superb progress during the last 12 months, especially in relation to cash, profits, revenues and Author Bridge. Credit where it is due. Things will definitely get better during the next couple of years and beyond. The share price may fall which will only affect short term buyers and sellers but anybody who is in it for the long term are now on a winner. The story is long term and not short term and the rewards will definitely be felt. That’s coming from somebody who has been a harsh critic of Stilo for some time
At last, after so, so long, the market seems to the share price should continue be warming up to Stilo and at the moment it certainly looks like the share price is going to move north. Bleeding time too.
Still the afternoon to go. Expect more dealings with possibility of a similar ticking up in the next few days before the results. Big expectations expected.
My hope is that it will go higher than 6p pre results
So all the action is over here today then boys!! I see! Fingers crossed. Lets hope they report some good, solid progress and nothing more. I'm sure we all have high expectations for Stilo and co.
lukehere the same could be said about your postings over the last few years. You have made all kinds of predictions which failed more often than not. Was that no an insult? I know you would rather I don't question anything and just be quiet and go away. I as any other shareholder am entitled to my opinions and my expectations on Stilo are set much higher as they have disappointed the market for far too long now. Nothing wrong with that. Are share holders suppose to roll over, go to sleep and accept everything that the company does or can this be questioned? I know in your case you would still give Stilo your backing if they were to post a £10 million loss.
Your right. Can you now please do the same from the share price peak of around 150 pence and give us exactly the same specific and detailed explanation or are you going to do what all good politicians do and avoid the question? By the way, just to let you know again, as know you just love giving me your undivided attention 100%, I too am a keen shareholder of Stilo but just because I have some money in this does not mean I simply roll over and accept whatever the company throws at me. My expectations for Stilo too are big and even I know its still going to take them time to deliver anything meaningful and until they do I have every right to voice my opinions just like you do. We live in a democracy and we're quite fortunate to do so. Also, its nice to see that you have refrained from throwing in insults as I never go down that road no matter what the circumstances.
Lets hope that they have made some sufficiently significant progress in turns of hard financial results rather than the normal "the market that we are in is growing at a substantial rate dot com scenario" that they have been pushing out for many years whilst dwindling revenues down to "supermarket/convenience store type revenues that small little family run businesses are accustomed to". In fact, a friend of mine owns a supermarket and he generates £3 million plus revenues on a yearly basis with huge profits and he is not in a niche and not a small technology company with world leading customers. He isn't even a listed company. I don;t need any attention from the likes of you sunshine and just to let you know, just to let you know, my average is currently 3 pence with Stilo. Ha! Ha! Ha! I am not going to go your route of throwing personal insults as I am not that way inclined. The facts for Stilo speaks louder than words but I would like to take this opportunity to thank you from the bottom of my heart for all your undivided, 100%, ongoing and loyal attention for which I am most delighted and grateful to. Now getting away from the personal insults sunshine my hope is that our company can deliver some meaningful results nothing like what they have delivered for the past 15 years. I expect them to start delivering now as it's about time they did. Nothing wrong with voicing opinions that reflect disappointment with a company that has done so little for so long. Nothing wrong with expecting a lot, lot, lot more from a niche player, a listed company with world leading customers than the paltry £1.2 million that it last reported. Nothing wrong with demanding a lot more. A lot, lot more.
Then check out all of Stilo's 15 years financial results and see how it has failed around 99.9% of investors by failing to keep most of its promises. They are now starting to make such small profits and revenues are so small that its hard to believe that this is a world leading company in its field with listed statues.