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Course you know all about that,don't you.
Just back from the therapist appointment and the news is still the same. She just went on about the normal and disappointing news about stilo. Her summary was thus: Fallen from grace from around 150 pence to the current levels of 5 pence. Disappointed the market for many, many, many, many, many years. Will continue with a very slow progress from its dreadful low revenues of £1.2 to £1.5 million yearly. Will never be a yield stock, only paying minute dividends. Has always held webinars and conferences but has always continued to fall in price. Has always developed and sold world leading products to world leading companies ever since formation but this has not affected the bottom line. The more exclusive products that they have developed the lower their revenues have gone year on year. Relationships with the likes of IBM over the last 15 years have done nothing for the company's finances. IBM tested then used Migrate on a incredibly small, minute basis that it only served as a reference deal really. Only has around 16 workers with limited resources so hitting the world with its products on a huge scale is highly unlikely. Their world leading product Migrate has been about for around 9 to 10 years but only raises around £600,000 yearly. All other revenues have fallen or been discontinued. The company's year end results have always been optimistic yet unrealistic for many years. 15 years continuous etc, etc,etc. Management in their year end results have always made promises that they have broken. The market has been waiting for so, so, so many years for this world leading company to provide the goodies but it hasn't. Management hasn't given many hoots to date. For a world leading company, a listed company, revenues should be around the £10 to £20 million mark not £1 million mark. Company will continue to make the normal promises but making for the last 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15 plus years. IBM may, just maybe, just maybe, maybe, maybe use Author Bride slightly, slightly more than they did Migrate and spend a couple of pounds more on it. Nobody should question the current and historic financial record about Stilo and anybody who does should be herewith dismissed. Everybody should buy into the Stilo story as they have a proven broken record. Management will continue to issue more shares in order to fill their boots and all share holders just have to lump it. At this stage my session with the therapist came to an end and I have been asked to book myself back in for another session.
The share price fell from 150 pence plus to around 1 pence during the last 15 years and during the last 15 years it has gone up to its current multi year high of a dismal 5 pence. This just proves how the market perceives Stilo. It has disappointed the market for numerous years and that is the precise reason why the market has kept the share price at its current levels because of Stilo's abysmal £1.2 to £1.5 million revenues. The share price will only and can only move up when Stilo has worthwhile revenue growth which it has not has year on year for multiple amount of years. Clear fact and not fiction and not plucked out of the air
Your still talking rubbish pal. Course I forgot I share all my personal information and financial details with you don't I. You have access to all my personal financial records so you know all about my broken record and all the problems that I have encountered don't you pal? You would rather I just nod in agreement with everything that has been said about Stilo and just accept it as fact don't you? Personally, I don't give a hoot about all your hooting do I pal....or is it 2 hoots that you are going on about? Stilo has a long, long way to go before it is accepted into the mainstream marketplace within its sector. £12. to £1.5 million of revenues at current and historic records speaks louder than words from a financial expert like yourself don't it?
Your talking rubbish. Like I said around £400,000 over the last 15 years or so. No banging around numbers and no need to be a rocket scientist Mr Professor. Stilo can have all the best products in the world but until they do not generate revenue growth on a substantial scale they will continue generating £1.2 to £1.5 million in revenues and around £100 to £200k profits. Year after year, multiple years of flat revenues and profits. No banging around numbers. Plain facts as published by Stilo management themselves. I suggest you get Stilo's financial results for the last 15 years and read through them and make yourself conversant with all the broken promises of the last 15 years. Plain and simple to follow facts of 15 years. Spectacular world leading products launched during this time, spoken highly of by management but all came and went without making an ounce of difference on profits and revenues. No beating around with anything. No plucking anything out of thin air. Not even the dire financial results produced year after year, multiple amount of years after multiple amount of years years by Stilo International for the last 15 years have been plucked out of the air. Complete, sincere, accurate facts!! The truth hurts pal!!!!!!!!!
I won't say that IBM has invested heavily in Migrate and Author Bridge but they have certainly invested a reasonable amount of money over so many years. There spend with Migrate was very disappointing and they only ever used it on a very, very limited basis. The hope and anticipation was that they would spend a huge amount with Stilo but after the product was developed and subsequently used by IBM the overall usage and financial spend was so small that it had no meaningful effect on Stilo's overall revenues. The hope and anticipation is that both IBM and the overall Dita market will now at long last start using Stilo's products because the wait has been long indeed. The hope is that IBM will use Author Bridge and contribute towards revenues unlike they did with Migrate where their overall spend was annoyingly more or less non existent or incredibly minuscule to say the least. I have no doubt that the 2015 numbers from Stilo will show good progress but they will clearly demonstrate how slow the progress has again been in 2015. Progress, absolutely, but frustratingly very slow and long winded from on incredibly low basis for a world leading company who is in a niche with world leading products.
So what kind of spend do you think IBM has made to Stilo.... £500,000 a year, £750,000 a year, £1,000,000 a year? £400k is a very fair figure for IBMs spend with Stilo over the many years that they have been working together. It is a well known fact that IBM has never spent much money with Stilo over the 15 years that they have worked together. We are talking of a company that only generates around £1.2 million to £1.5 million from all the customers that they have and out of this 50% is from Omnimark licence fees which leaves around £600 to £750k which comes from all there other sources of income including Migrate. You don't have to be a professor or rocket scientist to work that one out.
IBM and Stilo has been working together on various products and projects going far back as 15 years and this relationship has only ever generated very small amounts of revenues during this time. It is a very good relationship in terms of prestige but in terms of money IBM has probably spent about £400,000 with Stilo during this time, amounting to around £30,000 per year on average.
I hope you are right Lukehere as people have been saying the "same old" about Stilo's share price for about 15 years now. I think all us shareholders would love to see a spectacular rise in Stilo's share price, especially as it has come down to its current 5 pence levels from around 150 pence in the last 15 years or so. This is well, well overdue and in all fairness I think we will only believe this once it happens because people have made statements like this for so, so long and we have all grown old listening to such bold statements over the last decade and half. Nevertheless, there is nothing wrong with one being optimistic and hopeful and I along with all other shareholders hope that you are right on this one this time round.
Lukhere believe me don;t know how you can relate me to articles going back to 2002 as I was not even investing back then. Over the last 3 or 4 years or so I have been negative on Stilo and I had every reason to be. I don;t know what part of " I am currently positive on Stilo " that you don;t understand Lukehere, I, just for your record, can say again that this is a good little company doing well and will continue to make good, solid progress going forward at a nice slow rate, Lukehere, Stilo is a good company and it is making and will make good, slow progress.
Lukehere you also need to get you facts right. The below quote that you quoted had absolutely nothing to do with me. I was never using any form of message boards in 2002 and I didn't even have an interest in Stilo in 2002. Back then I was not even investing so how you can come up with that message just beggars belief. Sounds like desperate tactics by a desperate man to me. Interesting to see that even back then, though, you had people making such comments. These were your concerns in 2002, "This rubbish company was touted at one of most important company by techinvest year ago urging investors to pile in at 100P.Sucked in at 130P to see investment go down the toilet drain in a year and hit with huge loss.Now they are worth 3.5 p and holding 5K shares not worth the toiler paper surely a liquidation candidate in near future once the paltry cash will burn out.The ******* CEO only farting against the wind."
Lekehere as we all know there is always two sides to a story and I too do not doubt the ability of Stilo going forward but as we all know investment organisation always either get it right or get it wrong. That is the nature of the business that they are in. For every 10 recommendations made by Techinvest they get 5 wrong. Nevertheless, even with Stilo management getting it horribly wrong for many years I agree that things look a lot, lot better now but like I have always said: "It is going to take time for this to come through and this process started many years ago. We will see progress for 2015 year end and for the current timescale but this progress is going to be good and slow. Absolutely nothing is going to happen suddenly and I can more or less be certain of that unless, of course, Stilo is able to achieve some incredible and spectacular feat out of the blue. We all know that is not going to happen". I think it is wrong for you to call this a rubbish company, especially as you are a massive investor. For me this is a OK company making OK progress and going forward it is going to do nothing more than being and good little OK company unless management can prove otherwise. As we all know they have never ever been able to prove anything spectacular and they will continue to making this a good little OK company unless they are able to do something completely out of the blue and spectacular.
Specifically referring to the statement below that management during their 2007 year end results I don't think that even Stilo management thought in their wildest dreams that come some 10 years later Migrate would only be raising about £600k a year with overall revenues going down from around £2.7 million to £1.2 million for a listed company. This is the statement: Stilo Migrate is set to revolutionise the market for content migration services, massively simplify the content conversion process, and significantly reduce associated project timescales and costs. Accessible 24x7 from anywhere in the world, it will enable users to upload source documents over the internet and migrate content to target XML formats, on a pay-as-you-use basis.
Incidentally, below is the statement that Stilo management made back in 2007 about Stilo Migrate in their year end results. Though the company had huge, massive expectations for Migrate when they first started speaking about it in 2006, some 10 years ago, we have all seen how it has completely failed to live up to expectations and it is only now, some 10 years later, it is only raising about £600k. Not to mention how revenues during this time has fallen to £1.2 million for a listed company. Anyway, though it has taken some 10 years for Migrate to start generating any decent revenues the anticipation is that it will grow from here. This is what Stilo managment said about Migrate: On-Demand Content Migration Services During 2007 we began the development of Stilo Migrate, the world's first on-demand content migration service. It is the embodiment of Stilo's extensive content engineering expertise and advanced content processing technology, and is reflective of the general market adoption of Software as a Service (SaaS). Scheduled to launch in 2008, Stilo Migrate is set to revolutionise the market for content migration services, massively simplify the content conversion process, and significantly reduce associated project timescales and costs. Accessible 24x7 from anywhere in the world, it will enable users to upload source documents over the internet and migrate content to target XML formats, on a pay-as-you-use basis. Stilo is very encouraged at the potential market opportunity and the initial interest shown by leading companies, as XML becomes increasingly adopted by organisations around the world for single-source publishing applications. Having consolidated operations in Europe, we have invested significantly in the development of Stilo Migrate, the world's first on-demand content migration service, due to be released in 2008. We have received considerable early interest in Migrate, and have already won an initial order from a major high-tech customer prior to its general release. With a strong opening order book for professional services in North America, the impending launch of a new, jointly developed solution for the Aviation industry, and the release of OmniMark v9 later in 2008, we look forward to the future with confidence.
This is part of the Stilo management statement for 2007 year end results: Stilo Migrate is set to revolutionise the market for content migration services, massively simplify the content conversion process, and significantly reduce associated project timescales and costs. Accessible 24x7 from anywhere in the world, it will enable users to upload source documents over the internet and migrate content to target XML formats, on a pay-as-you-use basis. The revenues for the last 5 years have been as such: 2010: £2.38 million 2011 £1.74 million 2012 £1.41 million 2013 £1.50 million 2014 £1.26 million I have been a critic of management at Stilo for some time and one of the reasons for this is evident in these figures. For a listed company that has been trading for 15 years or so, especially after claiming that Migrate was going to "revolutionise the market", (Stilo management's words 2007 and not mine)it shows how some 9, 10 years later this clearly has not been the case. I expected a lot more from these guys but hopefully the numbers that they will report shortly for 2015 and going forward will rectify many years of low, low revenues and profits. One has to bear in mind that Migrate was not just any old willy nilly product and management at the time of launching this product all those years ago expected it to generate huge revenues and not just the £600k annually. Management clearly thought that the product was going to revolutionise the market but it has taken many years of trying and to date there has been very, very little evidence of this. Admittedly, they are now starting to generate some revenues from Migrate going forward. It is going to take time for them to build on this during the next couple of years or so. AB will help of course. In closing, the revenues above clearly demonstrates how awfully difficult it has been for management to generate revenues for many years from a product that they said back then was going to "revolutionise the market".
My understanding is that it is the first time that Stilo's share price has gone up more than a penny in one single trading day for some 10 to 15 years. I think the most it has been up in one single day during the last 10 to 15 years was by 0.62 pence. What would be nice is for it to go up further before the company makes any announcement. I feel the current share price is at fair value and I would be pleasantly surprised if it went further. If it does then it should this time stay there. The test would will once the 12 month results are announced. The hope would be for the share price to at least remain within the 5 to 6.5 pence level post results and for it then to build from there. If it does go up close to 10 pence then lukehere can call me "all the names under the sun"!!! and I will totally agree with him with those names
Author Bridge will certainly help push the revenues and profits upwards from the current very low levels as it is impossible for a listed company like Stilo to allow these to go any lower. 2015 I predict is going to be a good year for Stilo and with the introduction of Author Bridge in 2016, hopefully, depending on how fast the revenues from this stream can follow through to the bottom line, will determine how fast the company can move forward.
Let me explain Lukehere. Just because Author Bridge has been integrated with Acrolinx does not mean that revenues are going to roll in any time soon. Also, just like Migrate and Omnimark this is probably just the initial first version of Author Bridge which will probably be limited to what it can do. After launch, both Migrate and Omnimark took several years of tweaking and upgrading before they were able to generate any notable revenues. Going into partnership with other third parties with their exclusive products is something that Stilo has been doing for the last 15 or 20 years. Stilo. Installing their products alongside other third party providers is something that Stilo has bee doing ever since the word go for many, many years. Omnimark, Migrate, you name it, stilo has done this all the time. Author Bridge now integrated with Acrolinx is another avenue for further revenue integration. This is a fantastic choice of partner. So too are the likes of IBM and Cisco and Boeing. Author Bridge is nothing different and this partnership with Acrolinx and any other partnerships will certainly be a good thing moving forward but at what speed those revenues are going to come through is questionable. Stilo have had exclusive agreements/partnerships both currently and previously with the likes of Boeing, IBM, Cisco and many others but as has been the case with all these gigantic, huge customers the revenues have always just trickled in year after year on a very, very low level. Historic and present revenues for Stilo have always only ever been around the £1 million to £2 million pounds on a yearly basis. For a listed company to achieve such miniscule amounts of revenues just shows how difficult it has been for Stilo to generate revenues on a bigger scale. Not forgetting that this is a small company with some world class customers who have been on their books for many years. Like I said before, this partnership is a fantastic opportunity for Stilo to generate more revenue going forward. Also, lets look at the big company trialling Author Bridge. If Stilo had a worthwhile contract with them in terms of Author Bridge they would have come to the market and reported this by now. They would be shouting about this from the rooftops but they haven't so this leads me to believe that this is on a very low level. If it was anything different the company would have reported this a long time ago. All in all, with Stilo mentioning nothing about the big major customer trialling Author Bridge and now launching it with Acrolinx and with what appears to be a pull back from doing any further trading statements, demonstrates to me that though the company is progressing forward the progress is not on the levels that one would like. The endorsement with Acrolinx is another super achievement but identical achievements have been borne year after year with Stilo and its partners but revenues remain around the £1 to £2 million mark.
Will Author Bride meet expectations? The answer to this will only be known in the when the company reveals it 2016 and 2017 results during the next 2 years. The company has brought to market some incredible and wonderful products during the last 15 years of trading but none of these have ever resulted in an uptake in revenues and profits on any notable scale. This is the very precise reason as to why the share price has always been around the 1 and 5 penny mark. Like any professional market expert will tell you the market does not lie. People do! Anyway, what are my expectations on Author Bridge. This product is based around Migrate and in order for it to have a reasonable amount of uptake the company will have to do what it has always done: Get out there and promote it and sell it to its customers. Showing, promoting and selling a new product to customers from the point it is launched takes years and not months. If you look at Migrate it has only now started to turnover around £300 to £400k per year and this is after being in the market for several years. I believe Author Bridge will have a ok uptake and nothing more than that in the next year or two. The situation can the be assessed again after it has been in the market during this time. It is very good news for shareholders that a small company like this can have huge customers like IBM and everybody else on board but what good is that if the revenue generated from these customers is only bare minimum. In fact, IBM has been a customer for about 15 to 20 years and during this time it has only generated a very, very small amount of revenue probably amounting to about £20k per year. Like I said earlier, Author Bridge is going to be another great, wonderful product just like Migrate and Omnimark etc and I feel the uptake on this is going to be ok and reasonable. Author Bridge is not going to be anything spectacular other than a ok revenue generator. In closing, I remain positive on Stilo on the 3 to 5 year timescale and all shareholders should know that this share is exactly that: Medium to long term and not a quick get in and get out share.
It don't surprise me in the slightest when things go wrong and the same old posters who are first to celebrate and promote management when things go right then decide to remain completely quiet and say nothing at all. Let's take the trading statement that now appears to be extinct from the company's updates to the market. When this was due the same old poster shouted out that it would give us all an update of what was happening. But now that the company has failed to deliver the trading statement the same poster has decided to curl up in a corner and make no mention of it whatsoever. No doubt if a trading statement had been issued he would have shouted from the rooftops about its contents. But as it has not been issued and probably been put on the back burner the same old poster has decided to sidestep the subject. It completely and utterly reminds me of those good old fashioned politicians. The laws around the trading statement and when these need to be issued are clear and the financial industry are very strict on these. Its obvious that management have now been able to get around this by basically pulling out of them altogether in order to make sure that they do not issue another profits warning just like they did last year in 2015. Last year they reported to the market that they would not meet expectations which resulted in a profits warning. In turn this had a negative effect on the share price. At that time the share price fell around the 2 pence mark. This year it appears that they have pulled out of giving any further trading statements whatsoever to the market because they cannot meet market expectations. When a company cannot meet market expectations there is one of two things that a company can do: Option One: It can continue giving trading statements but it has to inform the market that expectations will not be met, in effect issuing another profits warning. But if the company does this it will naturally affect the share price in a negative way just like it did last year. Option Two: The company can give the necessary authority notification that is no longer wishes to issue trading statements and simply continue issuing its 6 month and 12 month results. If the company goes down this route then what that means is that it will not continue issuing profits warnings when it cannot meet set expectations which will, of course, have a negative affect on the share price. I believe that management have decided to utilise option two unless they are very, very, very late in issuing what I believe would have been another profits warning had they gone with continuing to issue trading statements. I don't blame management from pulling out of trading statements altogether as this tactical movement is always at play with smaller companies when they cannot meet market expectations. It helps both the company and its shareholders. My understanding is that the company will certainly continue making good progress but not on th