|Image Scan Holdings
||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Image Scan Share Discussion Threads
Showing 5176 to 5200 of 5200 messages
|The first half was always a gimme as they've been riding on the back of the two large orders announced in June and July 2016. The second half will be much more of a test as the comparison with last year's excellent second half will kick in. A very good year can become a stepping stone or a millstone as Leicester City are finding out. Let's hope for IGE it's the former.|
|Not sure how big this can grow. The market is large and growing. The new products look as if they could be transformatial though.|
|Patience, this one I like the look at for a long term hold 3-5 years.
Expecting great things from this Company, an acorn at present.|
|On the up this morning. Perhaps some good vibs from AGM after yesterdays very encouraging update.|
|Bought in this morning, looks a progressive play too me, looking forward to further postive rns's over the year. Agm @ 1.30pm should enlighten us further.|
|Give it time. Probably get some interest after agm feedback.|
|Upwards and onward, I am surprised that it has not advanced further this morning.|
|I get the impression that second half could be very strong with new product launches.
In particular PLD mid 2017 so on schedule and thats very exciting.|
|Trading statement. All looks very good. Strong trading and new products on or ahead of schedule. Delivery ahead of schedule so executing well on orders received.|
|Lets cetainly hope so.|
|Would be nice if 2017 was as beneficial to our share price as 2016. Either way, I wish a happy and healthy New Year to all IGE investors|
|Just to repeat what Bill actually says in that proactive investors interview :-
'We're ordering parts to build the second prototype and some demonstrator units and we expect to have these available round about March time next year, and then we'll be off into the market with the demonstrators looking for the first orders.'
It's a shame that the interviewer did not ask him whether the second prototype was a second version - incorporating various tweekings and changes - rather than a straightforward 'copy' of the current prototype. If it's a new version - prototype II - then building and soak-testing the new version will take a little more time. No big deal but always nice to know WHY something is happening rather than guessing why it's happening.
Nevertheless, assuming the second prototype - and demonstrators - are built and successfully tested during a March - May time-frame, then the sales operation should begin around June time. This means that there is a window of opportunity for orders from June - September for the 2016/17 financial year, though the level of any revenue recognition during this financial year is dependent on a number of factors, not least the dates of orders received as well as the manufacturing forecast schedule and capability. In any case, as Bill also indicates in that interview, whilst he seems to anticipate the Precision Linescan Detector making some contribution in the later part of 2016/17 - and we already know that there is interest amongst current and prospective customers for the PLD - the 'all systems go' year seems to be from financial year 2017/18 onwards when everything should be firing on all cylinders.
So perhaps a bit more clarity from that interview, but clearly a good few more months work still needed before we hopefully have something to sell at the end of it as regards the PLD. So not a question of any kind of 'doubting Thomas' - more a case of applying the rule of 'ye shall know them by their deeds' (ie I'll judge by what is actually done and not by what someone says will hopefully be done).
Here endeth the lesson. :-)|
|Thanks for the link Assegai, looks like that interview is bang up to date. The bit I liked the most was Mr Mawer's answer about sustaining the growth, very positive and looks as though the linescanner is just around the corner. I suppose building a second prototype allows them to do more demos to more potential customers for it.|
|Here's a little Christmas Bonus, especially for the odd doubting Thomas!
|. Discussions with current and potential customers support the requirement for the Precision Linescan Detector and we remain confident that this system will do well following its anticipated launch in financial year 2017
From interims. Still on schedule for launch in 2017. Prototype already available. Dont see any evidence for a delay.
From finals seems to be progressing for 2017 launch.
or markets where even higher performance is required, the Company is developing a Precision Linescan Detector using unique detection and image processing technology licensed exclusively to Image Scam from Ibex Innovations, a Durham University spinoff. The project is supported by a grant from Innovate UK, the first time the Company has had such a grant. A prototype has been produced and is demonstrating both exceptionally clear images and excellent materials discrimination. The grant completes in February 2017 and the system will be launched later in the year.|
|From my experience, if you have a development project 'mile-stoned' over a particular period of time you would aim for a working prototype by the end of that period.
On that basis, the development framework announced in July 2015 was for a 12 month period, so at the end of that period, ie July 2016, you would expect the prototype. Add on say 6-9 months for customer testing/tweeking/approval and getting to production, you are talking about January 2017 (very earliest in my view) to March/April 2017 (more realistic) for first deliveries.
If this month we learn that the launch is only 'later in the year' after February 2017 then in theory that could be anywhere from March 2017 - December 2017. I think the point that columbarius is perhaps indirectly pointing out is that any 'delay' will affect the financial performance for 2016 - 2017 since once you go beyond say, July 2017 then by definition there will be no actual contribution to the Year End Accounts as at September 2017. On that basis it is important to know exactly when is the anticipated launch date as there is a potential financial impact.
I should say that having bought in at much lower prices on the strength of new management and new offerings I have no intention of selling at the moment as there is much more to come over the next two years in my view. Nevertheless, with AIM companies in particular I find it pays to look very carefully and with a cold detached eye at the actual detail in statements - or lack of detail as the case may be.|
|Cant particularly read anything from that Proactive Webcast or recent results that suggests delays. Mentions product development and launch for 2017.
Either way its developed and being trialled with market launch for later in 2017.
Considering the success here and turnaround under the new CEO the criticism about the company seems unwarranted.
Outlook statements particularly read very encouraging.
Just telling it as it is.|
|"The development project is planned to take 12 months" is not the same as "we expect to market the product in 12 months". Could be they have taken longer than they expected, but not necessarily.|
Many thanks for your reply and information.
I can assure you that mine was a genuine inquiry - I've been around on ADVFN longer than most - and when I don't know I ask. As the old saying goes, 'if you don't ask....'
Anyhow, thanks again for info. Appreciated.|
|The usual pompous response. Unlike some on here I tell it as it is. For a start you neglected the trading update on 23rd February 2015.
"The Precision Linescan Detector (PLD) project, which is assisted by a UK Government grant of £104k, is on schedule and a first quarterly review was completed successfully with Innovate UK, the funding body."
So the latest the project started was mid November 2015 because we know from the award announcement of 29th July 2015 that
"The development project is planned to take 12 months" and a quarter of 12 months is 3 months.
So it should have completed mid November at the latest if it had stayed on schedule. This is backed up by Bill Mawer in his stocktube interview of 22nd April available to view on proactive investors. 8'40" in he's asked what he's excited about over the next 6 months. It's getting new products to market and he expects the new detector to be ready at the end of the year. The launch is now expected "later in 2017".
Hope that helps. I made my profit here and will leave you to it.|
|Could we please refrain from slagging one another off, it is SO boring|
I would be grateful if you would enlighten further on your statement regarding 'the Precision Linescan Detector project delay.'
From my info the project was RNS'd on 8 December 2015 with no specific timescales as follows :-
'Looking for further ways to differentiate and enhance our portable X-ray systems, we formed a relationship with Ibex Innovations, a University of Durham spin-off with unique X-ray detection technology. This led to a successful bid for a SMART grant award from Innovate UK, a UK Government body that supports innovative product development in small companies. The award is worth GBP104k. The project aims to incorporate the Ibex technology into a modified version of our new detector panel to produce a product we are calling the Precision Linescan Detector.'
On the 19th April 2016 the following statement from the Interim results :-
'Discussions with current and potential customers support the requirement for the Precision Linescan Detector and we remain confident that this system will do well following its anticipated launch in financial year 2017.'
And on 6 December 2016 this from the Prelims :-
'For markets where even higher performance is required, the Company is developing a Precision Linescan Detector using unique detection and image processing technology licensed exclusively to Image Scam from Ibex Innovations, a Durham University spinoff. The project is supported by a grant from Innovate UK, the first time the Company has had such a grant. A prototype has been produced and is demonstrating both exceptionally clear images and excellent materials discrimination. The grant completes in February 2017 and the system will be launched later in the year.'
Therefore the RNS of 19 April does not specify anything other than an 'anticipated launch in financial year 2017' and the 6 December RNS refers to the offering being launched 'later in the year '. On what published evidence do you base your statement that the Precision Linescan Detector is 'delayed'?|
|Well, well corporal Jones has deserted. I notice none of the usual suspects commented on the Precision Linescan Detector project delay. Still, what should one expect of tax dodgers and their associates?|