Member Info for Tardis

Taptica’s H1 EBITDA last year was $21.6m with net cash inflow of $21.5m.

That should serve as a useful benchmark.

The company have said publicly they will issue a profit warning if they are not on course to meet their broker’s (Finncap) forecasts. No such profit warning issued to date - so we should be on course.

Invest, was it you who bought 1 million shares at c. 9p before the infamous Dec 24th announcement that the Middle East contract was due the following January, when the SP rocketed to 27p?

What EPS growth? The company is loss making!

EPS = N/A

Results and share price here makes sector rival Tremor (TRMR) look very cheap IMO.

Tremor are due to report half-year results on Sept 24th.

Apologies, LG smart TV not smart phones.

So two pieces of important company news in the last 48hrs.

First the aforementioned partnership between Tremor Video and LG smart phones.

Secondly, the company are expanding RhythmOne’s programmatic platform to Asia-Pacific and Latin America ‘following the company’s successful expansion in to Europe earlier this year’.

I have emailed Investor Relations to enquire why there has been no RNS released for these two (good) pieces of price sensitive company news.

Overall, all looking in good order heading in to 6 month results.

Try to keep your bashing in the here and now STT rather than 10 years in the past...

Next you’ll be warning people not to invest in VW because Skoda were unreliable in the 1970s...

Have just done a deal for Smart TV advertising - according to post at the other place.

Surprised no RNS.

Feels like time is standing still waiting for results here.

Wonder what the trading/price movements will be like in the immediate run-up to results?

He’s unlikely to do it at this stage, but I wouldn’t read too much in to that.

I still think mid-October. Port up to full speed then finalise the contract.

Will be very happy for it to arrive sooner though.

Hi Mike. Yes, agreed - landing Ghana should lead to a steep rise in the share price.

In the last 6 monthly report, the company lost 300k. So I doubled that to reach 600k annual loss.

These are all rough ballpark figures. If somebody feels I have made a glaring error, very happy to listen.

Mike, I have to pick you up on your figures.

I agree the figure of 6.86m annual revenue sounds about right. But that is revenue, not profit. P/E ratios are based on profit not revenue.

Let’s say the profit margin is 40-50%, so c. 3m annual profit . Then take in to account that WSG is currently losing 600k per annum on existing operations. So, let’s be conservative and say a profit of 2m per annum may materialise if WSG sign Ghana. P/E of 10 would give a market cap of 20m.

Given that Ghana figures are predicted to grow, and PF tells us more managed services contracts are in the pipeline, I think a higher P/E ratio would be fair.

That’s why personally I believe an SP of 20-30p will result if WSG sign the TEMA contract.

To those who feel ‘coming weeks’ has to mean less than a month, you have taken leave of your senses. ‘Coming weeks’ is a deliberately vague term as dealing with African governments can be unpredictable. Put the desperation to one side. This looks nailed on to me, and as I have said before, I expect the contract tract to drop after the trial period (so long as Scanport/WSG perform as they should).

Big trades at the end of the day for last two days

Obviously I would prefer if news were coming. Could be...

Every time this goes down to 3.5p it bounces quite quickly. Good trading opportunity for those inclined. Or at least it was a few days ago.

Personally, I will be emailing the company at the end of September in the event no news is released in the meantime. This is the point at which the port is supposed to become fully operational. Therefore there should be an expectation that contracts are signed and payments commenced. Until then, I’m happy to sit tight.

For 12p per share someone can have the whole company. Going to be years at this rate before any meaningful progress is made...

‘All parties are, therefore, committed to the successful opening and smooth operations of Terminal 3’

So many speculative posts when really you just need to go away for a month. I said two weeks ago that I think the first two weeks of October is most likely time for contract to drop, and I haven’t changed my opinion. End of September is possible, as this is when trials end, but add in the Africa factor and one should expect an extra delay on top.