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Just seen those .5 million plus sells on 17th November at 18.75p.... yeeee--ouch! someone wanted out!
For results here... yes?
Sorry, that should have read "There were a couple of BIG buys in RUR that went through last week..."
Hello there... :-) Dipped your oar back in here yet then..? I've had a self imposed ban on the LSE for a while - on posting, anyway... just getting too bloody addictive! However, I've noticed that you've popped up on a few shares I've had my eye on recently. SNT, RUR especially, but also SYNC looking interesting again... possible takeover (I think extremely unlikely) - you've missed a 100% spike recently but plenty more to go in my opinion if they deliver in Q1 2012. There were a couple of BIG buys here that went through last week, and what with the March31st date looming (I think it's only the start of proceedings)... do you think they might be about to settle out of court..? I believe there's been some kind of change in the proceedings recently that would require the Bolivians to pay out for future earnings too if they make it go the distance..? Personally I bailed on RUR when El Presidente Morales got involved, but I've always liked the company, and they aren't anywhere near the Eurozone...!! Be interested in your thoughts on SNT, RUR and SYNC if you get five minutes. If you want any info on the SYNC board just ask MYO (myosotis.... top guy!) Hope you didn't get caught up in TEG when it tanked. Anyway, hope you're well.
Sadly no, couldn't decide whether to shift funds from sync at the time... bought in but sold at at a small profit. In hindsight selling some sync at 36p would have been an ideal position to stake build here when it was in the 20's but I just didn't have time to research, and the timing wasn't quite right with sync either. Also, too much else going on to keep up with developments... pah!!!!! I'm aware there's still a lot of potential upside here, but at this price... not sure, and I'm too exposed in sync at the moment to think about making any significant purchase here. C'est la vie!
Looking good here... you deserve it mate!
Thought this was looking very, very cheap a few days ago... very 'il-liquid' - not many shares in circulation - but lots of potential.
myo is away for a few days... back at the end of the week I believe.
No problemo!
E.G. Original order - 300k licenses / services - RNS Expansion order number 1 - 300k licenses / additional services - RNS Expansion order number 2 - 300k licenses / NO RNS - so market doesn't know Myo and I are calling these milk orders (the analogy being that tesco's don't tell their share holders every time somebody buy's a pint of milk...). It's his analogy but I've nicked it because he's been getting lazy recently and I've got to keep him on his toes. He doesn't even work, the slacker... I have to fit this around my day job... Anyway, we have been working hard trying to pin down figures for the two major contracts that have been running longest - Teliasonera and MTS, our best 'guestimate' - and there is anecdotal evidence to support this - is a figure for expected uptake of between 1%-2% - of 160 million users (combined) for end 2010. We also reckon that a decent aggregate figure (but very, very conservative) would be for each user to generate $2/year in recurring revenue(company prices/sells in US$). This is very conservative, and it could be as high as 4 Euros (some contracts are in $'s, some Euros!). The contracts are complicated, and the RNS's rarely give you enough information to evaulate the exact worth of a contract. Also, the different licensing models complicate matters. Can discuss later. There's alot more (we haven't even touched upon Instant Messaging, meant to bigger than mobile email in a few years and which SYNC are now into)... but that's enough to get you started. I'm very excited about this as I can genuinely see a route to a very decent share price in a few years... if the company doesn't get taken out around the 10p mark. What I ask in return... is for a) your valued opinion and b) for some red hot info from you about this on the charts.... How's that for a deal? This link might help too... http://equitydevelopment.co.uk/downloader/731 Chat on regular now if you like...
In next 6 months... SYNC are awaiting confirmation of a large contract that was signed (and revenue booked) in 2009, with an operator who subsequently couldn't finish the deal as they themselves were subject to / caught up in a takeover bid. That has now been completed (Zain/Bharti Airtel... possible foot in the door with India if SYNC deal is concluded!!) and Sync exepect this contract to be completed - and this revenue booked in 2010. This missing revenue for 2009 was the reason SYNC missed their targets by 30%... which sent the s/p tumbling. Still, there were alot of positives to come out of 2009 - 13 new contracts etc. 7/8 this year to date. MG revenues up 175% y/o/y for second year in a row - and no reason to suspect that's slowing down. The thing is, it takes a while for the contracts to start generating revenue... SYNC have got to customise the s/w for the customer, the customers got to get a marketing campaign going, they've got to test and load test the system... then get a trial going... then deploy it. Not a quick process!! However, even a small contract with SYNC represents a significant investment by that operator in the software. Customising the software for the customer costs the customer $80-$120K alone in professional services from SYNC. So, even a (paltry) 50,000 user license might be bought initially... for a network with 20/30 million subscribers - which disguises the revenue that will eventually be generated by that contract a little way down the line. SYNC are also in detailed / final negotiations with 10 operators, some of the deals are understood to be of significant value (Message Phone orders, New Operator Deals etc.) any or all of which could sign between now and end of year (end Dec). Sync have a good track record in this area, and telco's do a lot of their business between July-Dec. Other handset operators are also beginning to show interest in bundling MG with their handsets. On a conservative look at the numbers of expected/registered users, even if SYNC miss target this year by 30% they should still come out with £1-£2 million profit... (Myosotis is better on the numbers than me)... but even breakeven should demonstrate the dramatic growth in user take up due to recurring MG revenue alone. 175% y/o/y growth is incredible... like Moores Law!... and should bring about an appropriate correction in S/P. We have all been waiting for news of Expansion Orders from customers... a customer will initially purchase a block of licenses... and when they use them up they order more. We've been waiting with baited breath for news of these expansion orders... but have discovered by talking to the COO that if an expansion order was received, even if it was significant in value, that required no change in the scope of services.... and provided it would not have a material effect on the share price - then it would not necessarily necessitate the release of an RNS (phew)!
Oh well, can't sleep - may as well make use of the time. Think I did mention it before. This isn't the full run down that I'll give you tomorrow, but myself and another member on here (myosotis - he put me onto this) have been going over this with a fine tooth comb... me for the last six months, him for the past 18 months. It's been the single most complicated share to get my/our heads round... but I think we're pretty much there. The last few pieces of the puzzle are dropping into place... I'd very much appreciate your take. Good place to start before tomorrow... company website, obviously... http://www.synchronica.com/ Also see: http://www.synchronica.com/syncml-partners/syncml-customers.html Which gives is a good idea of who (some!!!) of their customers are. Also see: http://www.teliasonera.com/Markets-and-Brands/ These guys aren't small fry. Now, viewing of this webcast from the 9th of April this year is also an absolute MUST. It basically breaks down exactly how the company makes money (ahem, will make money that should be!) http://www.synchronica.com/web-conferences/web-conferences.html Note: Mobile Gateway revenues, the company's core product, have been increasing 175% y/o/y for last two years. Ignore everything else for the moment and concentrate on that. They fluffed their targets last year and they got punished severely for it... all the work we've done over the last six months has been to see if their (at first glance outrageously optimistic) revenue predictions for 2010/2011 are achievable. More to follow on that, obviously. Also, there's a document you need to read by Equity Development which has company forecasts. Either register yourself at their website, or I can get it to you somehow. Be VERY interested to hear your thoughts and to answer any questions. Sync have contracts with operators who have approx 1 billion mobile subscribers between them. There's an absolute ton of research on the main BB too by myself and myosotis... people simply don't understand this share. Anyway, that's all for this evening. Post tomorrow.
hi-dely ho... how are you diddling? despite saying I wouldn't sell these I'm out for the moment... but still think they've got a bright future. still haven't sussed the charts yet.. other things have got in the way!
Hope you managed to bail in time (no pun intended).
Don't know if this has been posted on here before. http://www.thisismoney.co.uk/work/article.html?in_article_id=502305&in_page_id=53928&position=moretopstories
you're a shrewd cookie mate... looks like you called it dead right on GCM! looking forward to seeing what the next few months will bring with sync and ope... and gcm too! this may still come good - i hope it does for you and anyone else still holding. atb