||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Microsaic Share Discussion Threads
Showing 51 to 73 of 75 messages
|How do you know swizz? Two x 500k trades sure, but look at the slight price difference, they could easily be a buy and a sell.
Have you any comments on my post above?
|Someone is building a decent position,.....GL S|
|I noticed a flattening out of the chart, and a bit of a volume spike last month, which piqued my interest.
This company looks to have interesting technology, cutting costs in an important and growing field. And it seems to have a number of worldwide distribution/sales channels.
So why are its sales so pathetically small, year after year? They are making a 35% gross profit or thereabouts, so to cover cash burn of £4m per year (never mind make a profit) they need to have sales of over £10M... not £1M!!
Surely if its sales have been predicted in its recent trading statement to be only 8% ahead of 2015, then it is going to make another massive loss in the year to Jan 31, 2017? And the £5M it raised last summer will only last it until the end of 2017 or early 2018 at latest? By the end of 2017 unless it has started making a profit (which seems quite unlikely, from the trading statement) then surely it's for the knacker's yard, or alternatively a low-ball takeover if the tech really is any good and the buyer thinks they can make a better job of sales?
I am wondering whether the best prospect for shareholders here is in fact a takeover in 2017? If Microsaic have genuine patents on the technology then those could be worth something to a bigger fish. A global medical technology company could easily offer 10p per share, it would be chump-change for them and they could easily integrate sales into a much larger sales team and get better growth rates. Maybe even more than 10p per share could be achievable.
I am just researching here, so any comments would be appreciated, especially about their patents.
Many thanks - I do appreciate the risks of AIM but this co has been quiet for some time so it was disappointing that their latest RNS apart from providing the latest a/cs announced the placing.
Also look at the share price graph above - some AIM companies SPs do head N on occasion. Then there is the tiny number of shares that MMs permit investors to buy/sell at the specified share price Any sells above that number are at well below published bid share price
The company has hardly been informative in the previous RNS either. What was the following June RNS about?
20 June 2016
Microsaic Systems plc (AIM: MSYS), the developer of chip-based mass spectrometry instruments, announces that at its Annual General Meeting held on 20 June 2016 ("AGM"), ordinary resolutions 1 to 8 were passed. Resolution 9, a special resolution regarding disapplication of pre-emption rights, was withdrawn by the Directors prior to commencement of the AGM.
Previously there had been much progress reported but yet another rights issue. Before that there had been a positive announcement that:
Microsaic Systems plc (AIM: MSYS), the developer of miniaturised chip-based scientific instruments, announces an improved business performance in the six months to 31 December 2015. The Company sold seventeen 4000 MiD® units in H2 2015 versus six units in H1 2015. The Board anticipates that sales for H1 2016 will continue this positive trend. The Company is pleased to announce that it has also signed a new distributor agreement for the 4000 MiD®; details of which will be provided in the 2015 Annual Report.
Then share options granted along the lines of:
These share options were granted under the Microsaic Systems Enterprise Management Incentive Scheme with an exercise price of 23.5 pence per ordinary share, being the closing mid-market price of the Company's shares on 12 January 2016. The options granted to Mr Ramage will vest on 1 January 2017.
Gave ordinary PIs imho grounds for assuming that by September 2016 the co's share price would not be at an all time low.
Frankly a little more realism would have been more apt
I sold half my holding at a loss and sadly am far from convinced that the other half will ever show blue - happy to be proved wrong of course.|
|maytrees - yes, but this is AIM! On the plus side, at least 3 of the Directors are stumping up £25k each, and the rest £15k. No doubt they had to show willing in order to get the Placing away, but maybe £25k is more than just 'showing willing'?
If my arithmetic is correct, following the Placing there'll be 181m shares in issue so at 5p the MCap is £9.05m and they'll have £7m in cash. So - IF the new strategy can get them some real commercial traction (unlike the old one) this might be a good point to get in at.|
|RNS released midday on a Friday tells you something.
If the Placing Resolution is not passed at the General Meeting or the Placing does not proceed for any reason, no further assurance can be given that the Company will be able to continue as a going concern.|
|Pretty poor by the co imho johnwall|
|So - placing of 108m shares at 5p - lucky for the sellers of a couple of weeks ago that there was so much excitement generated on Twitter.|
|5.67 now to buy, at least for a small change amount.|
|Yes, my buy was the same price for a small amount. The sells are at 5.50p for now.|
|Added just now at 5.6890 - shows as a sell
Presumably all trades at that share price are buys although there is one trade at the higher share price of 5.7988p actually shown as a buy.|
|Theres been a seller hence the drop. Buyers coming in so hopefully clear out the overhang and seller. Rsults due end September so will be interesting.|
|Flurry of small buys - has this been tipped somewhere?|
|Added a tiny few at 5.49p just now - under the bid sp!
Perhaps the other trades today are all buys as well as currently mms are 2:1 on the bid and mine was at the lowest share price
Possibly the dire state of the co's share price arises from the UK decision to leave the EU as no doubt EU funding is a factor but the share price has been falling for some time before the referendum so maybe just lack of any news?|
|I added few this morning at the bid share price so the stock is hardly popular at present or perhaps the share price is due to fall and the mms were being generous.
On a more serious note, the co's product seems v. interesting but news is infrequent.
|Midas tipped these over the weekend but unfortunately the headlines didnt do justice to the vast potential of miniaturised mass spectrometers across differnt fields, although this is well covered in the main write up.
I had a few and hope to add as the story evolves.|
|tartanman - do you have any details please?
I saw it mentioned on Twitter yesterday -
|Tipped by Faraday|
|Why the rise?|
|John - need to spend sometime looking into the co - so don't expect an immediate conversation, but a good BB can be very useful!|
|Welcome aboard 18BT - quiet is a bit of an understatement! Hopefully I won't be talking to myself anymore!|
|This looks a very quiet board. Just picked up some shares via an Octopus EIS scheme in the placing.|