|Ubiquity Software Corporation
||EPS - Basic
||Market Cap (m)
Real-Time news about Ubiquity Soft (London Stock Exchange): 0 recent articles
|slightlycynical: I like this company - decent products & general strategy - but the main problem is cashflow. Burned £1m per month during first 6 months of the year, down to £10m at end-June. If that doesn't change, the best long-term partnerships & contracts in the world aren't going to help the share price, if the company needs to raise money in the short term.|
|egoi: R+D spend, in a hefty loss maker such as this anyway, is a way of saying - we will spend shareholders' money in the hope of finding something we can sell, cos for now we ain't making a profit on what we've got and we ain't likely to.
You might be better (instead of or as well as Ubiquity) to look at Vicorp (on plus-Ofex) - Ofex:VIC also risky but similar product suite, already developed (hence now far lower R+D) slightly different target market.
Although still loss making like Ubiquity, three contracts in the last two months and a fundraising at 70p (share price 51p at that time and still the same) suggests someone's very confident, and a product with a market value at least twice the market cap of a paltry 4.7 million, customers include Cable and Wireless and GE Capital.
|tole: In reference to the share price drift - What I picked up on off the canaccord note was the point they make on the uncertainty over a share overhang and lack of news flow.
Well if that overhang is finally cleared - and by the recent buying pressure and MM buying it does signal that fact - then I believe these have significnat room to rise.|
|glasshalfull: The bullish tone of the recent pre-close update together with the 2 factors I highlighted in my previous 2 posts give me confidence for the forthcoming results and was the reason that I added to my position today.
In the froth of posts highlighting the continuous buying of the last 2 sessions, the facts appeared to have got lost somewhere.
The share price may or may not appreciate following these results but it would appear that the company is offering a great product with the multitude and quality of it's channel partners, number of conversions to-date and trials currently ongoing.
Yes, it will face stiff competition but on a risk/reward basis the odds look good IMHO, and there is always the possibility that they themselves will be acquired having already spent a fortune in developing their product which they believe give themselves a lead over the competition - hope they're right - and which the competition may well agree in due course.
|glasshalfull: Hopefully the results on Wednesday will create a move upwards in the share price for those with a short term horizon.
I have waded through the 34 page Canaccord note several times over the past couple of days (thanks Tole) and have to say that underneath all the jargon (sadly required) a fantastic opportunity presents itself IMHO - both for those with short term and long term aspirations.
The report suggests that UBQ could well double its revenue in each of the next two years with the potential for highly scalable revenue streams thereafter.
To date it has disclosed wining initial deployment licences with seven tier 1 service providers and three Alternative Service Providers (ASPs), though with trials revenues and deployment combined the total number of revenue generating customers at any one time is closer to thirty.
The market appears huge and the Cannaccord note suggests that over 90 carriers have undertaken development and technology trials.
"Ubiquity channel partners account for 67% of carrier committed IMS trials/deployments to date, measured in terms of number of subscribers potentially addressed (source InCode Wireless Review and publicly disclosed data), though Ubiquity is not guaranteed to secure all of this."
So fantastic prospect of a significant conversion of wins and long term growth via the carriers adopting the technology, with design wins for initial deployment with Tier 1 carriers est. £1m-£3m and smaller carriers est. £250k-£500k.
Roll on Wednesday where we will hopefully here of further good news in this regard.
|tole: Yes agree on that point
Actually been suprised by the lack of interest and share price decline since the bullish trading update - heard there was some uncertainty on a share overhang that seemed to pull the price down. If that is all out the way, then these could gallop back towards the 30p mark.
As you say maybe results will kick start the ineterst.|
Ubiquity Software share price data is direct from the London Stock Exchange