Rosslyn Data Technologies Share Discussion Threads

[daicaprice] 07/11/2016 09:51

A nice reminder, time to take a position I fancy.

DC

[cottoner] 06/11/2016 12:49

Takeover?

Remember, a Times article intimated that possibility early this year.

Microsoft takes aim at Rosslyn Data Technologies

A small AIM-quoted handler of so-called “big data” for multinational clients looks like being the latest British technology company to slip into American hands.

Microsoft appears to be the most likely buyer of Rosslyn Data Technologies after several clients are understood to have expressed an interest.

Rosslyn joined the Alternative Investment Market in April 2014, but was caught up in the negative reaction to other technology floats, such as Just Eat and AO.com. The shares were floated at 33p, but on Friday night were worth only 9½p, valuing Rosslyn at little more than £7 million.

At a recent clients’ conference, a delegate from Microsoft is believed to have indicated an interest in buying the company and advancing it to its next phase of development, with sales of potentially as much as £50 million a year.

Other clients who are thought to be interested are Genpact, a global business processing company, and PwC, the accountancy giant. Rosslyn helps them and other clients, including Diageo, Xerox and Boots, via the internet to turn reams of data into a useable form. Its latest figures, covering the half-year to the end of October, show revenues up 46 per cent to £1.8 million and losses before tax decreasing by 22 per cent to £1.3 million.

Rosslyn was founded by Charles Clark, who served in the army during the first Gulf War, and Hugh Cox in 2005. Analysts have suggested that the market has failed to appreciate the progress made by management in taking the company forward. One in January described the present valuation as “aberrant”.

[woolybanana] 06/11/2016 11:40

Keep it up chaps, we might even have a discussion about this share one day. Two posts in two days, something of a record.
Somehow RDT has stayed below the radar but yet must be on the cusp of break even; I'm about ready to get a few more.
What are the chances of a takeover?

[rambutan2] 06/11/2016 01:55

Columbarius, i speak from experience, having been watching and investing in aim micro caps for too many years. I've met Hugh Cox and like RDT enough to have taken a long term position a while ago. As a rule i don't make things up on any of my posts across advfn.

[cottoner] 05/11/2016 16:13

Agree, if RDT succeed in getting to break-even and then begin to be profitable as promised in short term , then value will see out.

Everything appears to be going well:

- Global Data Analytics market rising
- RDT products are already competitive
- RDT just released world/industry first products
- RDT breaking into US market
- Number and size of contracts growing
- Impressive list of business partners
- New major US partner to be shortly unveiled

Time will tell, a little more patience is required IMO.

[rambutan2] 04/11/2016 12:29

u22, a very good question. The mms clearly know that there is a supply of stock wanting out, even at these all time lows. And that is also why good news is not causing a positive price reaction.

[u22ajs] 04/11/2016 08:06

How come when someone sells the price goes down (as it did a few days ago) but when there is quite a lot of buys the price stays the same?

[cottoner] 03/11/2016 09:01

Good point about exchange rate - it all helps.

[columbarius] 03/11/2016 08:24

Yes, a good size of contract as well. Roger said he was seeing an upturn in the US so we can expect more, especially with the favourable exchange rate. $ earnings are most welcome in the current climate.

[cottoner] 03/11/2016 07:30

Well they've now issued an RNS - and I can't complain about its contents! ;-)

Getting contracts with high profile US clients will hopefully at some point cause a 'snowball effect' where other companies become more aware of RDT's products and further contracts subsequently follow.

[purple11] 03/11/2016 07:20

few more like this and its off to the races gl

[columbarius] 01/11/2016 10:00

Sentiment seems rock bottom. If the company delivers on positive cash flow by the end of this year as promised, and profit generation during the current six month period, the share price will look after itself.

[daicaprice] 31/10/2016 21:32

Anyone reckon that 60k is a well worked buy?

DC

[cottoner] 31/10/2016 16:03

By pure coincidence TCM today released an RNS Reach in exactly the same vein as an RNS that I'd expected RDT to issue wrt to their world's first product.



===============================================


Telit launches world's first hybrid IoT modules

[columbarius] 31/10/2016 15:27

Hi guys, Roger certainly expressed disappointment with the share price which is lagging recent company performance and said the company is in much better shape than it was two years ago. I'm happy that the new one-click product was put out on business wire rather than RNS. It's early days and once it's proven itself in the market and is generating profit to support a bigger business, that will be the time to promote it more widely imo.

[cottoner] 31/10/2016 12:43

The big data ecosystem is alive and well!

extract

"We also found out about some new products, services and solutions starting with Rosslyn Data Technologies, formerly known as Rosslyn Analytics, announcing the immediate availability of RAPid One-Click Data Analytics, a new suite of self-service automated analytic (SaaS) solutions that reduce time to visibility and insight from weeks to mere hours. In a technological breakthrough, Rosslyn fast tracks decision-making by automating the many steps required to extract, transform, load (ETL) and improve data quality for complete, accurate and timely analysis … "



hTTtp://insidebigdata.com/2016/10/31/trend-line-industry-rumor-central-10312016/

[daicaprice] 30/10/2016 18:26

I've been reading up over the weekend, I'm quite heavily into VELA who hold, I like what I've read and believe the time is right.

DC

[cottoner] 30/10/2016 17:58

Thanks from me as well columbarius.

Still no RNS been issued wrt Result of AGM.

Couple of points :

Wrt - placing:

From end year results.

"We ended the year with net cash balances of £1.9m (2015: £4.7m). The consumption of cash is accounted for by the losses in the period. The Board believes that we have adequate cash resources to take the Group through to break-even and cash generation."

The break-even point/cash generation still seems to be on-track so hopefully a placing shouldn't be required OR if one is, it should be very small.



wrt - The press release was issued to the target audience on Business Wire rather than by RNS.

I'm afraid I don't agree that a Business Wire press release would hit all their 'target audience'. Surely their 'target audience' should include new prospective investors, who would more likely be attracted by the issuing of an RNS as well as a Business Wire release.

They can't on one hand (as it's been previously reported describe their present valuation as “aberrant̶1;), yet at the same time seem to have so little regard for self publicity, IMO.

How they can believe a release of a 'world's /industry' first product does not merit issuing an RNS is beyond me. :-)

However, behind the scenes , all the boxes appear to be being ticked and RDT seems to a good medium/long term hold.

[rambutan2] 30/10/2016 17:04

Yes, many thanks columbarius. I was hoping to attend but at the last minute half term duties got in the way. Re MSFT, but do RDT get a cut of the rise? How does revenue split work as a MSFT partner?

Did the board express frustration with the share price and have any hints as to why it has drifted down since float and settled at the low of 9-10p, despite the seemingly reasonable progress. And Cenkos only have it as a hold. One has to assume the mkt knows that there will be a placing at or around this level.

[columbarius] 30/10/2016 15:41

It's alright. I've appreciated others doing the same. It can be difficult getting to AGMs. I should also have mentioned that thanks to being a Microsoft partner the 20% price increase announced by Microsoft last week doesn't apply to Rosslyn.

[flashheart] 28/10/2016 12:17

Thank you for sharing columbarius.......encouraging.

[columbarius] 28/10/2016 12:11

I attended the Rosslyn Data Technologies AGM yesterday. All resolutions were duly passed. The formal meeting was brief and I was then able to speak one to one with CEO Roger Bullen. I was very encouraged to hear him talk about the company. Much better than a telephone conversation which cuts out the body language. An improvement in US prospects is already apparent since Charlie Clark took over from Jeff Sweetman. Roger is excited about the strategic partnership announced with the final results. Contract talks have been lengthy but he expects to make an announcement in November. He spoke about the recent launch of RAPid One-Click which was developed after a suggestion from Forrester Research who saw a gap in the market. The press release was issued to the target audience on Business Wire rather than by RNS. This is a unique product worldwide and it will be interesting to see how it progresses.
The company is on track to achieve cash flow break even on a monthly basis in November and December and profitability for the half year to April 2017. Costs are under control and the bulk of the development spend has been done thanks to the funds raised on joining Aim. Development is now focused on keeping software up to date and acting on customer suggestions. It could be argued the float was a couple of years early and accordingly has led to disappointment with share price performance. For example former holder Hargreave Hale have sold their stake (to Inductive Capital as surmised on here). However without the injection of development and marketing capital the company wouldn’t be in the good shape it’s in today. With gross profit expected to fluctuate between 85 and 92%, once profitability is achieved revenue growth will drive strong profit growth.

[runwaypaul] 26/10/2016 14:53

damn cheek not bothering to RNS it in my view.

[flashheart] 25/10/2016 12:09

If it's only just announced then RNS could come at any time now.

[cottoner] 25/10/2016 12:07

RDT

Just today announces a market first Data Analytics product.

In partnership with Microsoft, PWC, Xerox etc.

Current MCAP just over £7m.

Looks very cheap when you see :


Wavefront raises $52 million for its cloud-based data analytics software
OCTOBER 24, 2016 9:01 PM