1spatial Share Discussion Threads

[value king] 03/6/2017 09:58

hxxp://www.technologydecisions.com.au/content/gov-tech-review/case-study/transport-canberra-and-city-services-maps-tree-canopy-from-aerial-laser-scan-with-fme-and-1spatial-698772442#axzz4inxHU2mO

[russell_hobbs] 30/5/2017 21:27

It is underneath the last few years of mismanagement, a pretty good business with about 7m of support revenue annually. If the new regime cut the outrageous central overhead of the past which they are addressing then this could turnaround

[albanyvillas] 30/5/2017 19:13

Not long before it runs out of cash

[montyhedge] 25/5/2017 14:15

Disappointing.

[seaking1] 25/5/2017 13:49

Agree, I was surprised by the amount of loss, but taking into consideration the changes that have taken place over the last year a loss was to be expected.

I did sell some shares to lock in some profit with the idea of buying at a lower price but the share is holding up quite well at the moment.

[value king] 24/5/2017 20:33

hxxps://fmeuc2017.sched.com/event/9uMJ

[yump] 23/5/2017 22:36

imo if there was anything unique here, decent organic customer revenue growth would have been much easier to get.

As it is, it might as well be a startup.

[value king] 23/5/2017 20:36

Is it the same company mctmct? Acquisition, disposal, complete board change, new chairman with a strong history, patented software.

Looks like a completely different company to me.

[mctmct] 23/5/2017 19:46

seaking:

"dive in again" (May 23). "Still have a fair amount invested as I think the company is still good." (May 23). Some inconsistency here?

Why trust a serial disppointer? Is this really the best place for your money?

[value king] 23/5/2017 18:50

hxxps://1spatial.com/customers/u-s-census-bureau/

Automated data integration contributes to $5 billion saving for US Census

[seaking1] 23/5/2017 18:02

Quite surprised at the size of loss hopefully over the next month or two it will drop to about 2 p. Then I can dive in again.

[yump] 23/5/2017 15:54

Remains to be seen whether the removal of one group of BS'ers who should repay their salaries to shareholders, will be bettered by a new group.

Take off Enables IT revenue and there is negative growth in the original businesses.

imo this is just a vehicle for freeloading, with acquisitions continually muddying the waters and the mantra of 'expecting to produce a profit from that level of revenue' has been stale for years.

With this track record, they should certainly not be going on about being 'well-placed' for anything - they've been 'well-placed' for a decade or so. Well placed to place shares and continue to make easy money, more like.

[seaking1] 23/5/2017 10:35

Didn't see that coming. Sold my profit. Surprised the share price is holding over 3p if it drops to about 2.2 I'm in again. Still have a fair amount invested as I think the company is still good.

[mctmct] 23/5/2017 10:34

seaking

It's not QE that raised inflation, but the fall in Sterling.

(and, on the subject of QE, it's not QE that regenerated the economy after the crash - that was pure Keynsian "helicopter money". About £1200 was distributed on average to each family in the UK.... ... .... as PPI mis-selling compensation!).

mct

[the big fella] 23/5/2017 09:11

Interesting that he manages to provide an update on Q1 2018 in the outlook statement. On the face of it I am glad I am out although wish I had sold nearer 4p than 3p. There is a high possibility of a deeply discounted rights issue here.

[walbrock82] 23/5/2017 09:04

1Spatial closing in on 3p, after kitchen-sinking its balance sheet with losses of £15m. Even without the kitchen sinking, 1Spatial would make a loss of £4m-£5m.

For those, who haven't read my research, below is my argument.

The main problem is the high costs of hiring talent.; it costs them £65k per head. Also, admin costs account for over 50% of total expenses. I did some research last week, here

In it, I stated three scenarios, they are:

Best-Case Scenario; - I give a 20% chance for 1 Spatial to produce a £2m operating profit, which would help the share price to rocket up to 6 pence.

Normal-Case Scenario; - I give a 30% probability for the company to be cash neutral meaning it makes enough to cover capex and acquisitions. That imply a fair valuation on today’s market value.

Worst-Case Scenario; - 50/50 odds for the firm to raise more cash, while it continues to make losses for shareholders. The amount of financing is unclear, but a share price of 3 pence or lower is a real outcome.

The worst-case is becoming apparent because cash balance fell to £1.3m.

[value king] 20/5/2017 18:49

hxxps://www.insidermedia.com/insider/central-and-east/former-innovation-group-boss-joins-1spatial

It seems everywhere Andrew Roberts goes the company gets taken over. Here's hoping!

[walbrock82] 18/5/2017 18:54

No, I don't own shares in 1Spatial as declared on the disclosure.

[seaking1] 16/5/2017 17:55

Missing maps is 18 May British Antarctic survey Cambridge. So have missed this one.
Anyone want to know about it check missing maps.com which will put you on to open street maps it's free and you can do it from home. No experience needed, and you will be helping a good cause.

[seaking1] 16/5/2017 17:27

Will the turnover be more than £20 million in the latest results on Tuesday?
My guess is it will be about 25 mil, anyway we shall see.

Anyone have any idea when the next missing maps session is in Cambridge.