Should be an interesting update and this looks to be an exciting period for growth.
We know from the Trading update that these are great results and we've got the following positives:
* The launch of staged and scalable versions of the Network manager software (Insight, Professional, Enterprise)
* A new SaaS-savvy CTO
* Major client AT&T speaking at an upcoming IQGeo conference in Denver
* Brightspeed saying that “Without the IQGeo software, Brightspeed would have needed to deploy over 30 separate tools and functions to share important network data across all our teams.”
My average price is 136p and it's approx 25% of my portfolio now but will hold as long as possible. Wouldn't want a takeover for under £500m market cap.
"IQGeo is pleased to announce that that it will publish its interim results for the six months ended 30 June 2023 on 25 September 2023.
Richard Petti and Haywood Chapman will also provide a live presentation relating to the interim results via Investor Meet Company ("IMC") on 27 September 2022 at 1:00pm BST.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your IMC dashboard up until 9am the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet IQGeo via:
https://www.investormeetcompany.com/iqgeo-group-plc/register-investor
A mention for Sosandar in this Sainsbury's fashion hub article today. Also in the Times and Retail Week. It will be interesting to see Sosandar's in-store marketing as their CEO's advertising and marketing background is a strength.
Sainsbury’s launches third-party ‘fashion hubs’
https://www.drapersonline.com/insight/analysis/sainsburys-launches-third-party-fashion-hubs
Sosandar items available:
Sainsbury's: 143
Next: 2854! Wow, that's jumped up
M&S: 529
John Lewis: 355
JD Williams: 171
Very: 84
Re negative comments on the M&S site, I had a look and, of those items that have reviews, just over 8 pages of just over 10 have ratings of approx 4 stars or above and typically the lower ratings are from just 1 customer. I see that as pretty positive.
Sosandar have a wide range of clothes so not all of them are going to be hits. It's clear the SOS CEOs review data very closely. Badly selling or poorly reviewed items will disappear and best sellers will be prioritised.
I work in the City of London so it was about time that I'd start taking a closer look at City Pub Group's 16 London pubs. It's a tough job...
First off I peeked in at Daly's Wine Bar on the Strand. It was on the quiet side but most customers were eating. This was at about 2pm on a Thursday so I'll revisit after work on another occasion.
Next was The Nell Gwynne, a tiny characterful pub dating back hundreds of years that serves a number of real ales. It's just around the corner from The Adelphi Theatre on the Strand and although it was pretty busy with tourists, it doesn't take many to fill it.
Finally for today I stopped for a drink in the Bow Street Tavern opposite the main entrance of the Royal Opera House in Covent Garden. This was my favourite place and there was a good mix of people eating and drinking. There are are 3 floors upstairs but going was temporarily discouraged due to a private function and renovation work on the first floor. I had a chat with Charlotte, who was running the pub and she kindly let me take a quick look upstairs after I mentioned I was a CPC shareholder. There are loads of nooks and crannies to explore on the other floors and a couple of nicely decorated function rooms (one of which was occupied) and a small roof terrace.
It's a really appealing popular place with good beer and it gets the Opera crowd in the evenings too. I asked whether Clive Watson ever visits and was told that he does and it's a good morale boost for the team.
There are a couple of other pubs that I'll visit in the coming weeks but good first impressions today. London was buzzing today so I'm optimistic for the half year results near 21st September and expect the shareprice to be nearer 100p than 85p after them.
Note also that a more active bb is available on A-d-v-f-n
Welcome Qd22. I put together a Twitter thread with a few points of interest on IQGeo a couple of months back that has some links worth following.
https://twitter.com/W13Ken/status/1664672861762486275?t=JjwS9VZ9asm7iuOHbyyRsQ&s=19
Another positive change since then is a relaunch of their key Network Manager tool in 3 editions, which means that smaller companies can buy into IQGeo tech at an earlier stage and upscale with their growth.
https://blog.iqgeo.com/why-one-size-doesnt-fit-all-when-it-comes-to-fiber-network-management?utm_campaign=Network_Manager_Telecom_editions_launch_Aug23&utm_content=260437873&utm_medium=social&utm_source=twitter&hss_channel=tw-1068104573989109761
IQG is comfortably my #1 portfolio holding but I plan to hold them for the long term as I think the management is ambitious but well-run and their software is really challenging more established operators. More contracts should be coming soon to improve the Price to Sales ratio and breakeven is already on the cards.
Steph, I say this with the best intentions: I do worry a bit on your behalf that you may not be thinking rationally on GROW. I believe that you have 100% of your portfolio in GROW already and to actually remortgage seems a step too far.
I have a serious amount invested here and hope that we turn a corner soon but, given how they have performed for 2 years (78% down since Sept 2021) I have let it drop to 6th in my portfolio. I have personally experienced stocks suddenly find a serious accounting error and crash badly so I would worry about putting everything in here, no matter how undervalued they might appear to be. I hope you're right about GROW but I wouldn't put my house on it.
I missed this question but minusbat has answered just as I would have done. It's also heavily implied by Steve Brown in this short interview at about 50 seconds in.
https://youtu.be/fOMaY8ecxvw
This is a good one to tuck away for a few years...
"...The £215m distribution company has said six times since joining the stock market that results will be ahead of expectations. That is impressive and proof that the London Stock Exchange is still capable of attracting well-run, profitable businesses to the UK stock market – it is not simply about luring in tech entrepreneurs.
Kitwave is an unsung hero. If you are partial to buying a can of Coke or a Kit-Kat when you are out and about, or you often nip to the corner shop to buy a box of fish fingers for the kids’ tea, there is a high chance that Kitwave is responsible for making sure those products are available on the shelves...."
https://www.telegraph.co.uk/investing/shares/kitwave-nimble-wholesaler-growth-potential/
Sosandar is a major ISA holding for me and I'm optimistic for the next year but even I don't think we'll hit 29p for a while. The last time was April last year and we've sunk on some decent results this week.
Maybe in October in the interim TU if things pick up a lot...
IQGeo have doubled their GIS software development contract with a Top 5 Japanese company (probably TEPCO). The software is used for disaster recovery emergency responses, which is a huge global market.
More broadly, the Land & Expand strategy is working well and there should be more good news to come in the upcoming Trading Update (14th July last year).
IQG is now comfortably my #1 holding and I'm very optimistic for the long term.
https://www.proactiveinvestors.co.uk/companies/news/1019565/iqgeo-extends-contract-with-top-japanese-utility-company-1019565.html
You shouldn't have to wait too much longer I believe. London pubs are mobbed in the evenings amd CPC have a good range of pubs in relatively wealthy areas.
Last month's TU was positive and there's more to come or a possible takeover bid.
Looks like we may have a good run up to and beyond the Half Year results on Tuesday.
https://www.thearmchairtrader.com/kitwave-shares-finds-big-money-small-things/
Accesso now control ticketing for 5 of the top 6 Amusement Park Companies in the world.
✅ 1 Walt Disney Parks and Resorts Worldwide, US
✅ 2 Merlin Entertainments Group, UK
✅ 3 Parques Reunidos, Spain
✅ 4 Six Flags Entertainment Corporation, US
5 SeaWorld Parks & Entertainment, United States
✅ 6 Cedar Fair Entertainment Co., United States
7 Universal Studios Parks and Resorts, US
8 OCT Park, China
9 Aspro Group, Spain
10 Compagnie des Alpes Family Recreation, France
https://blog.bizvibe.com/blog/entertainment/top-amusement-park-companies
Not sure how Sky got the scoop before it's announced via RNS but here you go. SatVu seem like a choice investment with current global environmental concerns.
"A London-based company which has developed a satellite dubbed "the world's thermometer" will this week unveil a sizeable funding boost at a premium to its previous valuation, Sky News learns.
A British-based company which uses thermal imaging to detect heat loss from buildings anywhere on Earth has secured nearly £13m in additional funding.
Sky News has learnt that Satellite Vu (SatVu) will announce this week that Molten Ventures, the London-listed investment group, has led a Series-A2 round which adds to financing already secured from companies including the ventures arm of American aerospace giant Lockheed-Martin.
Sources said the deal would be announced publicly on Wednesday."
https://news.sky.com/story/climate-tech-specialist-satellite-vu-secures-13m-funding-boost-12887544
Topped up at 297p this morning. First buy in Feb this year but have accumulated quickly so that it's #3 in my ISA. One I'm tucking away for the long-term.
New IQG Proactive interview. Petti and Chapman very relaxed, comfortable and optimistic for the future. Organic growth preferred to further acquisitions but never say never...
https://youtu.be/2mC5M2hZCrQ
A very slick online "Video magazine" on IQGeo & Telco has been produced in cooperation with industry experts.
"IQGeo sponsored the research and interviews provided in this Video Magazine. The topics covered are of strategic interest to IQGeo as its geospatial network design and management software is used by telecommunications and fiber network operators around the world. Visit their website to learn Why network operators partner with IQGeo."
Worth a look...w
https://techprosio.foleon.com/iqgeo/iqgeo-telco-maqazine-nocs/
No confirmation on results date yet but here's the bullish article:
Made In Chelsea helped City Pub Company boom, says boss Clive Watson
https://www.thisismoney.co.uk/money/markets/article-11820035/Dont-snobby-Chelsea-helped-City-Pub-Company-boom.html?ito=native_share_article-top