Arria Nlg Ords Share Discussion Threads

[capital_echo] 05/12/2016 15:27

Looking quite stable at the mo. Welcome back kid.

[lord hindsight] 05/12/2016 15:11

keep them fingers in them ears calamity kiddie

[kidknocked] 05/12/2016 14:11

Aja5. You're filtered. Life's too short :-)

[lydnem] 05/12/2016 13:35

aja5 is mentally challenged

[lord hindsight] 05/12/2016 13:33

think hes forgotten . too busy trying to fix a wifi issue in some oxygen wasters A380 lol

[aja5] 05/12/2016 13:04

We now know where the prospectus is.....there isn't going to be one !!!
Do you remember what you were saying while ramping this in August and September kidk ???

[aja5] 05/12/2016 13:01

Well they are burning more cash now than ever !!
On top of that they now have a mountain of debt about to get bigger !!
Have spent a fortune on trying to float and get investors in NZ and Australia !!
And now have the begging bowl going round the US for another £14 million having recently raised over £3 million........

Sounds like NOTHING has changed as that article so accurately predicted.....

[kidknocked] 05/12/2016 12:16

Thanks kkrriiss. Any other news from 2014 ?You are a funny chap.

[kkrriiss2] 05/12/2016 12:12

Warning disaster stock alertThis is a stonker of an AIM casino disaster – a story of greed, stupidity, investors being misled and, as it's the AIM casino, of private investors taking an almighty rogering. Meet Arria NLG.Arria NLG (NLG) is a tech company set up by a former bankster Stuart Rogers. Almost entirely without revenues, the company was none the less able to raise c$40 million from institutional investors in the two years leading up to its IPO on December 5 2013. The last of those fundraisings was at £1 a share so when it listed this company had a market cap of £102 million.No revenues to speak of but amazing technology and a (tiny but let's not talk about the numbers) contract with Shell and the deadwood press lapped it up. The Financial Times had the IPO as its front page story and the shares whooshed up immediately to a peak of 390p. Happy days. As some of the pre IPO punters lobbed out stock, the private investor took comfort from the slavish praise of the pink 'un, the journal of record and other members of the press establishment (part of the crony capitalist problem not the solution) and piled in.Mr Rogers was not complaining. His total package in the year to September 30 2014 was £415,000, up from £355,000. You have to pay to attract and retain talent don't you know?On 23 May 2014 the deal with Shell was converted from a rolling monthly contract to a three year deal. Happy days. Shell was the biggest single customer of Arria NLG and not how it basked in that glory. Except when total revenues last year were just £787,000 the reality is that Shell was spending less with Arria than it was on loo roll for its offices around the world. Arria basks in the big name glory to sucker in investors. Shell, in reality does not give a FF about Arria.Indeed today, Shell has terminated the deal. Arria says that Shell loves its technology and may come back. Yeah right. Your GF ditches you because "I need some space". She says she may come back. Yeah right. You soon find she's been shagging your best mate for ages. Given that the company sent £7 million to money heaven (more than 10% of that on boardroom troughing) last year and that cash at the year-end was just £1.7 million ( although it then raised £3.1 million in a convertible bond and has since raised c£400,000 at 35p) you can do the maths. Net cash is – as we speak – negative – and the company is likely to be out of cash altogether within a couple of months.

[aja5] 04/12/2016 22:32

But they have failed,that's why they have now gone to the US to issue a big mountain of even more convertible loan notes......
Hence the delay and the possibility of staying on AIM

[kidknocked] 03/12/2016 17:36

They wouldn't have gone through the time and effort for this only to fail. A good bet I'd say.

[kidknocked] 03/12/2016 15:58

Scrutable. A good post, one which I agree with. Whilst floating at 57p sounds great, it needs to be justified. For me, the only way they will underpin this and make 57p a 'bargain' will be to have demonstrable progress on revenues and a clearer outlook. If they do this, then this indeed could well be a bargain. If they don't, they go under, a simple choice.

[scrutable] 03/12/2016 15:00

A pretty feeble Trading Update last week. Says nothing significant. It would have been nice to have had a few hints of sales successes contributing to the following extract from Thursdays RNS:
" ..... both revenue and adjusted loss before interest, tax, depreciation and amortisation ..(is)..in line with the Board's expectations. As anticipated, the rapidly increasing inbound demand for the Company's NLG technologies that was experienced in the last quarter continues to gather momentum in this quarter. The Company continues to invest in developing its NLG technologies and in building its capabilities to deploy its technologies and support its customers globally.

It's not unusual on AIM to have IR which fails to do justice to a company's progress, but I am confident that the FY results expected during the next fortnight will tell of large companies committing to Natural Language Generation from big data. There is now just too much data in the world to digest, usefully. This development simply has to happen.

After the flowering of Autonomy, which was ten years alone ahead of everyone else, we are still at the very beginning of the application of Artificial Intelligence but it will develop very quickly as PRSM is demonstrating. NLG will I am sure follow.

[kidknocked] 03/12/2016 12:30

Kkrriiss. What date was that article from ?

[kidknocked] 02/12/2016 16:15

Hi Valmos. It's good, no great to be back. I'll need to do some reading up as to what's been going on. Thanks for the thoughts. Appreciated.

[rackers1] 02/12/2016 15:44

calamity kid been sick as a parrott watching this hose for the last year or two no doubt with his 1.5m holding

[valmos] 02/12/2016 15:28

Good to see you KidK, welcome back! Hope you ok....I personally have hope in this company from day one "FT article" and concept of NLG, it's unique based on all patents they achieved in US and internationally. Maybe that's why company raising money in US? Not sure how much funds they got left, new solid contract will be nice.Regards V

[kidknocked] 02/12/2016 15:01

Kcr69, lol, yes I feel well enough to have a go at one of the tern 'attack sheep' lol. Thanks for the thoughts, been very poorly so thanks for that.

[kcr69] 02/12/2016 14:51

Kidknocked

Never good to hear of anyone suffering poor health so I sincerely hope you are on the mend. Judging by your last post I get the impression you probably are.

Best wishes.

[kcr69] 02/12/2016 14:48

Aja5

I just saw your response after I had just edited my own as realised it could be interpreted along the lines of "eats shoots and leaves".

But thanks for the reply all the same. I do agree that the BOD are pretty up front with regard to honesty and openness on the operational costs and funding of the business, however over the past few months there have been too many wooly words used in their RNS with regard to planned developments.

Until further detail is provided with regard to current performance and commercial pipeline, a RNS stating a possible promise of 57p a share to be traded on a 'as yet to be decided' exchange to my mind isn't a very good RNS.

I obviously hope it all comes good, still inherently like the business and product, I just have not been as impressed with the wording used in the last few RNS. It has simply felt a little too much as if they are trying to keep investors sweet while they struggle to meet the financial requirements, which is all too transparent on AIM.

Regards as always.

[kidknocked] 02/12/2016 14:47

Kkrriiss that post is getting older and older and older. So kkrriiss suggest you ffuucckkooffff.

[kidknocked] 02/12/2016 14:45

Hi Lydnem, yep, I'll send you a message over the weekend.