Innovision Research&technology Share Discussion Threads

[pre] 04/6/2010 09:31

another significant contract...transformational...got to be a re-rating here as the potential to gain more contracts must be high imo...

[izziebon] 04/6/2010 08:35

todays news on 2nd contract shows 2mill extra t/over (or more) in year; thus up from last yrs 1.19mill to 3.2mill.... but where does all the money go? what effect will it have on bottom line, d'you reckon?

[pre] 16/4/2010 10:51

well this is more like it...i expect 'igd' and 'tseg' do perform similiarly...they too are bombed out stocks ripe for recovery imo, dyor etc:-)

[pre] 13/4/2010 22:25

well nice finish...re-rating on the cards here....nice $2million revenue to be accounted for in year and a further $10 million in future years....be some interesting write ups here imo:-))

[garth] 13/4/2010 10:02

Been in and out of INN over the years.

Fantastic contract win this morning.

What remains unchanged though is that last year's revenues were just one third of the levels of each of the preceding two years. And they lost £2.5m.... I would also disagree that there has been 'exponential' expansion of the technology and applications - unless I'm missing something on the website.

There is great potential - but the market cap is not small, the revenue is low, the loss is significant, the cash burn is high. Lots to be taken on faith.

Not disimilar to NXT (NTX)? The advantage I see INN having is production of their own tags....

IMO - not a closed mind on this, almost tempted this morning - happy to be persuaded that I need to reconsider.

G.

[bill182] 13/4/2010 09:49

current sales going through L2 are buys!!! looking at recent daily volumes, there does not appear to be that many shares changing hands and I think there could be a shortage with the MM's.

[bill182] 13/4/2010 09:12

I have been watching this company for quite a while, and have bought in this morning on the strength of the contract. Also, I have taken the opportunity to have another look at their website, and their technology and applications are expanding exponentially - well worth a look.
The recent placing at 18.00p, plus the directors options at 18.5p IMHO makes todays entry price very attractive.

[pre] 13/4/2010 08:41

well the rns also states that they anticipate direct revenues in excess of $10M over several years....well done to the management here...

[bill182] 13/4/2010 08:22

I would have to agree..

[pre] 13/4/2010 08:15

significant contract win with license and devleopment revenue in current financial year over $2m, plus future years revenue to come in too....well re-=rating surely on the cards here imo:-))))

[pre] 13/4/2010 08:13

Re Contract


TIDMINN

RNS Number : 0739K
Innovision Research&Technology PLC
13 April 2010

Innovision Research & Technology plc
(the "Company" or "Innovision R&T")

Major NFC Contract

The Company is pleased to announce that it has signed a significant new contract
with another global leading semiconductor corporation for the use of its NFC IP
(Intellectual Property) in their range of chips targeted at mobile handsets and
other consumer electronic products incorporating connectivity solutions. There
will be licence and development services revenue in excess of $2 million in this
financial year with further development, licence and royalty flows anticipated
in the following years. The Board of Innovision R&T expects this contract to
generate direct revenues in excess of $10 million over several years from a
combination of licence, development and royalty income.

David Wollen, Chief Executive Officer, said:

"Winning such a major licence and royalty deal for our NFC IP with such a
leading semiconductor corporation at the start of our new fiscal year is
tremendously encouraging. There are signs of great activity in the NFC world
and this win should secure our IP into a significant proportion of the NFC
handsets in years to come. It clearly vindicates our continuing approach of
investing strongly now in our leading NFC IP and design capability for the
long-term future.

"Furthermore it endorses the management's view that we are strengthening our
position at a crucial time. In addition to a strong royalty stream based on
expected handset shipments it also provides a foundation on which to build our
tags and peripherals business for applications that will interact with the
phones using NFC."


Enquiries:

Innovision Research & Technology Plc Tel:
01285 888 200
David Wollen, Chief Executive Officer
Brian McKenzie, Finance Director

KBC Peel Hunt Ltd (Nominated Adviser and Broker) Tel: [phone]
8900
Jonathan Marren
David Anderson


This information is provided by RNS
The company news service from the London Stock Exchange
END

CNTITMMTMBBBTAM

[andy] 22/6/2009 13:22

This company looks to be heading in the right direction, and am adding to my watchlist, after reading the article below.

[britishbear] 11/2/2009 08:24

AYE. A long term holder - should have bought more at lows.

[buzzzzzzzz] 10/2/2009 13:34

Up. I would expect other contracts to follow.

Mkt cap only £13m at 21p and they have £6m cash!!!

[philcom] 10/2/2009 10:30

where does the share price go from here ?????????? im still averaged in at over 50p!!

[buzzzzzzzz] 09/2/2009 09:55

No, surely not!!!!!!!

Must be any day now!

[unionhall] 06/2/2009 17:13

From the trades and share price movement it looks as though they are just about ready to announce the "potential new major customer". imho

[woodrowman] 27/1/2009 14:49

At long last, some positive newsflow (although no details):

RNS Number : 3159M
27 January 2009
Innovision Research & Technology plc the "Company")

Share price movement

The Company notes its recent share price movement and announces that it is in
advanced negotiations with a potential new major customer.

A further announcement will be made as appropriate.

Good to see positive price movement. Let's hope the customer is a major player and the contract is huge.