Crimson Tide Share Discussion Threads

[elbarracuda] 30/10/2016 20:55

Have just checked out Proxama & Ariana - both look high risk to me. I too will stick with t/o building, long contract winning and cashflow positive Crimson Tide

[elbarracuda] 22/10/2016 18:22

I am with you Shuffle Man

For me Crimson Tide is Eckoh mark II

Spotted E at 5p and steadily built a good sized stake. Didn't start selling until the price went above 40P. Had to wait a few years, but really great opportunities only happen now and then.

Tide has grown slowly, but surely. Each additional contract, signed on long contracts gives excellent visibility of forward earnings. Also a lot of the value of these contracts will go straight to the bottom line.

Starting buying at around 1.8 and will continue to accumulate under 3.2

Now have a large stake, just under 0.75% - putting my money where my post is

looking for a price of 12-15p in 3/4 years, if not before.

Worked for me bigtime at Eckoh - barring some horrible unforeseen event hoping to repeat the trick here

[the shuffle man] 19/10/2016 10:33

Forecasts are for Revenue to go from 1.4m in 2015 to 1.8m this year and to 2.5m in 2017. Profit to increase from 0.3m to 0.5m in 2016 and to 1m in 2017. I believe these look conservative after the recent deals that have been announced with more to come.

As I said I am happy to hold as part of a portfolio.

Will take a look at your other ones.

[the shuffle man] 19/10/2016 09:27

I am finding a general lack of interest in many small cap stocks at the moment where it seems that investors who want to exit can only do when news is announced before volumes completely dry up again.

Patience is required in these markets. Fundamentals will eventually come through in the valuation.

Crimson seem to have made great strides over the last few years and I believe profits should now start to increase rapidly.

Bap. Good luck in your investments. I am waiting patiently for an improved performance on a very strong outlook statement.

[ramridge] 13/10/2016 22:22

Bapodra - today's volume, 1871K is approx 7 times the 20-days average and the 50-days average. That's to me a significant increase, not just MMs playing a game.

[aussiedonnie] 13/10/2016 20:44

I still have 50% of my original stake in TIDE and will ride this, with my stop loss @2.5p.

good luck all..

[flashheart] 13/10/2016 20:28

Nothing to do with that in my opinion, purely the 750k sell that appeared just before the close. This was obviously in the system throughout the day capping any decent rise. Now that's out of the way we may see a steady climb, that's notwithstanding any further sells of similar magnitude.

[curlly] 13/10/2016 15:36

Bap
It's 3-1

[billbyrne] 13/10/2016 08:06

With gross profit margins over 90% this contract will have a big impact
on this years figures. It may even enable them to start paying a dividend.

[lanzarote666] 13/10/2016 08:04

'further opportunities'

Just the start in my opinion, and probably more in the pipeline. There are opportunities beyond the UK to explore.

And check out the GP margin.

Should be on the leaders board this morning.

:-)

[flashheart] 13/10/2016 07:57

Certainly will re-rate on the back of this contract which shouldn't be the only one. I bet everyone wished they'd bought after yesterdays little 'taster'.

[billbyrne] 13/10/2016 07:47

Excellent news this morning.

Significant long term contract win with large UK retailer
Crimson Tide TIDE , the AIM--quoted provider of mpro5 -- Smart Mobility as a Service, has signed its most significant long term contract with a large UK retailer. Its mpro5 service will be used to ensure store safety, cleanliness and security. This deployment follows a successfully executed pilot.
The contract value is worth over GBP1.7m of additional revenue over an initial term of 48 months, the largest gross revenue contract in the Company's history.
This extended roll out involves implementing the mobility platform to almost 500 stores to enable the scheduling of regular cleaning, reactive cleaning and incident capture; as well as providing dynamic audits and bespoke management dashboards.
Barrie Whipp, Executive Chairman of Crimson Tide, said: "This landmark contract is the largest in our history in terms of value and means that mpro5 will be present in nearly 500 more locations throughout the UK. The four-year term represents validation of the partnership we have quickly formed with this well-known retailer. The contract represents another cornerstone of our enterprise level agreement strategy, which now represents a substantial element of our contracted revenues for the coming years
Following this contract win we are accelerating other expansion plans, both in the UK and overseas. The Directors are extremely pleased with this long term contract, which is the culmination of a great deal of work by our team. We are very excited indeed about the future prospects of the Company and look forward to pushing ahead with further opportunities."

[aussiedonnie] 04/10/2016 09:01

I've reduced my TIDE holding, as we're simply not moving.

good luck all.

[hlp_4u] 22/9/2016 08:53

Important point to bear in mind is that as turnover is up the RNS flow on orders will slow as they have to be MUCH bigger to be regarded as material.....otherwise good steady growth and strong prospect of dividend declaration next year. Well done TIDE.