Crimson Tide Share Discussion Threads

[geraldus] 17/4/2024 12:04

Even managed to squeeze in a mention of AI in his monologue.

[wisecat2] 17/4/2024 09:22

no still working from home

[slicethepie] 17/4/2024 08:45

With Phil meyers becoming group ceo does that mean jd is going ?

[chillpill] 17/4/2024 07:54

Looks fine to me. Cavendish have 500p price target.

[wisecat2] 17/4/2024 07:19

Falling well behind checkit

[wisecat2] 17/4/2024 07:17

Chairman found it a frustrating year. His handicap fell from 5 to 9

[hamidahamida] 14/2/2024 11:58

Graph doesn't look good This may hit all time lows

[chillpill] 23/1/2024 07:09

Cheap as chips.

Good to see cash has gone up £440k in last 6 months.

I see they are recruiting at the moment.

[the shuffle man] 04/1/2024 14:52

Nice bowl forming on the charts.

Lets hope a year of recovery. Does look cheap at these levels.

[z1co] 30/11/2023 12:33

A strong year with revenue likely to increase to around £6.20m (2022 £5.35m)and EBITDA of at least £0.4m (2022 LBITDA £0.4M).

They still have a healthy cash balance of £2.8m which has NOT reduced from 30/06/2023 when they had £2.8m.

They are also due R&D tax refund of at least £0.3m which will increase the cash balance to over £3m.

The cash pile is worth apprx 50p.

The Directors remain confident in future performance and expect a strong pipeline of new business and increasing visibility to continue.

[chillpill] 28/11/2023 07:25

That’s a very Tidy update.

Look forward to reading the Cavendish report but looks dirt cheap.

Personally I think the share consolidation was a complete waste of time. Only winners were the advisors.

[clocktower] 01/11/2023 21:36

These consolidations are never truly about narrowing the spread or attracting new investors, they reduce the numbers on the shareholders register and making it easier to undertake a raise, if the need arises, at a big discount, which would not be possible with a share price of under 2p.

[blackhorse23] 01/11/2023 10:50

Out now & going to buy WJG

[davemac3] 01/11/2023 08:29

I thought the idea was to narrow the spread

[hamidahamida] 17/10/2023 09:41

I'm afraid company is run by a useless management, sofar done nothing but destroy shareholder value

[clocktower] 05/10/2023 11:50

Twelve months or so down the line, I expect another cash raise, hence they needed to consolidate now, so to raise at a big discount I guess.

It all looked positive until they took advantage of the cheap money last time they raised and got to big for their boots.

[eezymunny] 05/10/2023 08:03

Desperate measure, an irrelevant share consolidation. Get out there and sell some software...

I really dislike this company.

Fluff everywhere IMO.

[hamidahamida] 05/10/2023 07:53

As majority of shareholders are pis who are use to seeing the share price in penny's and when basket case companies do consolidation of shares the shares tank further due pi's not grasping high price So I see share price tanking further after consolidationCash burn is a major concern here

[hamidahamida] 05/10/2023 07:45

Useless management wasted all that money on development of beepro no that's binned.. Shares at all time lows Useless ceo has no clues how to raise profile of the company with investors Basket case management

[clocktower] 04/10/2023 18:15

It seems to me that things have not gone well and the director buy was to try to keep the share price up.

Cash burn will kill this, making mistakes and pausing development is not good.

DYOR.

Glad I got out when I did, some time ago.

[hydrus] 25/9/2023 08:37

I think I'd want them to be spending on R&D at this stage particularly as they explain where they have been spending in the report.That said there is always the risk that they just don't quite get to critical mass and that the churn is because their products are not that meaningful for clients but it seems more that they have suffered from some clients going bust IMO. The US opportunities sound encouraging. I think I'm more of a pending mug on this one than a confirmed mug.

[eezymunny] 25/9/2023 08:20

No H on H revenue growth and still burning through the cash (800k in the H?). Beware the nasty companies quoting EBITDA whilst capexing stacks on R&D. You´re being taken for a mug IMVHO.

[hydrus] 25/9/2023 08:07

That worked out wellForecasts downgraded although EBITDA positive so that's decent. There is clearly a proper goring business here that will generate good profits in time due to the high margins but it might take a year longer. I'll have to wait!

[hydrus] 23/9/2023 18:41

Well I added more on the dip - results soon so I'll be keeping everything crossed.