|One concern is the lack of Asset/Geospatial news out of the UK.
Yotta have launched Alloy today, it doesn't yet look very visual but is UK and will be gaining UK exposure. Concentration on the US is understandable but there are UK needs that we don't hear Ubi addressing? This could be a weakness, not addressing Ubi's own back yard.
|#Ubisense has big plans for 2017 and we're now #hiring across the globe to help us grow. Check out our #careers page hxxps://t.co/b59JMFFQgU|
|This from the Guardian today. Could this offer pull-through for UBI if the increase is in markets they are suporting? Automotive, Bosch types etc.
"German factory orders, released this morning, have smashed forecasts by growing by a whopping 5.2% in December. That's the best result since July 2014, and crushing the 0.5% expected by economists."|
|Received and replied|
|There's a message Hastings in your inbox.|
|Hi p1nkfish any chance you could email me for a catch up.|
|Hastings, the interesting comparison might be that relative to 2013-14 & 2014.
Where does the debt level and balance sheet now sit in comparison?
I would guess they won't divulge before finals announced.
Any chance some of the previously cancelled work is on the horizon to return? I think it might have been VW that went into cancellation mode due to dieselgate and needing to conserve cash that set Ubi falling. If it comes back it would be a big fillip.
How is business now split bt geography and sector?
A diversification out of Automotive would be good.
Anything more out of Magna? Sometime ago GM was alluded to in North America if I remember correctly.
Look forward to any write-up.|
|Speaking with the company early next week and should hopefully pen an article on the back of that. It's the first time they've been open to engaging in close to a year, so it will be interesting to hear what they have to say.|
|At least another 750K debt reduction too in H2 to meet covenant requirements so should be at least £2.5M bank loan reductions including the H1 of £1.8M.
Find out soon enough but turn around appears set on course and valuation will respond in time.|
|They gave as much colour in the trading update as could be expected.
Proceeds from issue of share capital was 4.517M net after costs of the raise.
There was at least net repayment of bank loans of £1.8 million, loans accrued prior. Might be more by year end.
Outflows at end of H1 of £0.9 million for capital investment in product development and plant and equipment.
Operating cash outflow of £2.6 million at end H1 of which £1.9 million outflow was working capital related (£0.8 million related to non-recurring costs accrued in 2015).
H1 operating loss was £0.8 million that included amortisation and depreciation charges of £1.6 million.
Expect H2 to be much better overall and with debtor payments Jan 2017 net cash should be much higher than the end of H1 that was £1M.|
|Net cash is only achieved after raising £4.8mm this year. So effectively burnt through nearly 5mm of cash.
Statement was a bit wishywashy - it would have been more useful to see some figures.|
|2016 gross margin SIGNIFICANTLY higher than 35.0% (2015)
2016 order book is SIGNIFICANTLY better than £9.6 million (2015, 31st Dec).
2016 net cash vs net debt of £0.2m (2015), improved further January 2017.
2016 revenue will be > £22.0m (2015)
Valuation has further to rise when you also you take account of the market segment they operate in and the dynamics behind that market going forward. RTLS and Geospatial are due to grow convincingly over the next 3-5 years.|
|The asset management system market is expected to reach USD 25.55 billion by 2022, growing at a CAGR of 15.17% between 2016 and 2022. Asset management systems enable an organization to track and monitor its physical and human assets, along with their associated performance, thus resulting in the efficient utilization of its assets. These key factors are driving the growth of the asset management system market. However, high initial installation cost and significant maintenance cost linked with deployment of asset management system solutions are some of the key factors restraining the growth of the asset management system market.
The key players in the asset management system market are Datalogic S.p.A (Italy), Honeywell International Inc. (U.S.), Impinj, Inc. (U.S.), Mojix, Inc. (U.S.), Sato Holdings Corporation (Japan), Stanley Black and Decker, Inc. (U.S.), TomTom International BV (Netherlands), Topcon Corporation (Japan), Trimble Inc. (U.S.), Ubisense Group Plc. (U.K.), and Zebra Technologies Corporation (U.S.) among others.
|englishlongbow - I don't think there are vast number of speculators here. Some no doubt but having watched the wash out I think there is a high % wanting to see full value unfold over a period of time.
I can see this at £75M market cap, first stop £50M.
The product looks excellent, end customers are global and don't work with noddy outfits. It looks like they tried to run before they could walk but have learnt a lesson or two now and the ship has been righted.|
|Break 50 upwards and off to the races.
May take a few attempts but transactions happening just below so someone willing to pay high 40's.
Give it a bit of time.
More colour on the update in the final results will probably do it along with the forward look.
Been a while since new customer news so there's always some of that to come along too.|
|Sold some UBI and bought BOOM for better value and revenues growth.|
|Nice update. Turnaround under way. It's a huge opportunity:
Research and Markets - Global RTLS Market in the Transportation and Logistics Sector to Grow 49.23%, 2016-2020 with AiRISTA, CSR Group, Samsung, Ubisense & Zebra Technologies Dominating
Research and Markets has announced the addition of the "Global RTLS Market in the Transportation and Logistics Sector 2016-2020" report to their offering.
The global RTLS market in transportation and logistics sector to grow at a CAGR of 49.23% during the period 2016-2020.
Global RTLS Market in Transportation and Logistics Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The advent of new cost-effective technologies such as UWB and ZigBee are a major contributor to the growth of the global RTLS market for transportation and logistics. These technologies will have a significant influence on the transportation and logistics sector. Apart from being effective in helping to improve day-to-day operations, functions, and efficiency of staff, these technologies help to reduce the operational cost to a great extent.
According to the report, augmented reality technology uses geographic information system (GIS) and 3D platforms to provide virtual information about users and their surroundings. This information helps the firms to understand the needs of users and send targeted announcements to them.
Further, the report states that safety and security is one of the major concerns among enterprises. The RFID tags used in RTLS solutions are creating several security and privacy concerns for SMEs because RFID systems work on Wi-Fi and cellular networks that get very easily congested. This has devastating results in transportation and logistics because if the signal is jammed by unwanted tracking of people, then the lives of employees (driver and co-workers) can be at risk in case of emergencies.
|Been keeping an eye on. Today's news has got me over the line for a few.|
|I've been trying to arrange a visit to UBI for the last year with perhaps understandably, nil success.It now appears the door is opening, so hopefully I'll have a date pencilled in shortly.|
|That previous drop is telling and there are no staging posts on the way back up. Volumes light so far today so when a real interest does arrive it could move quickly.
Also interesting a global licence as a serious Automotive manufacturer does not commmit to critical software without having checked the balance sheet of the vendor and done due diligence. Looks very good to me. A large global OEM has confidence in UBI and I think we should have too.|
|I am with you. Bought a few this morning. Breakout on the chart. Looks like a floor well established and chart says we will head towards £1.|
the big fella
|The clear out of the old management and Kestrel as a major shareholder are catalysts. I don't think they spent that much money buying into Ubisense without wanting to see a very decent return. Their average is just sub 50p approx. I think I posted the #'s last year. I really believe they will want to see a double at the very least and it's not unrealistic to see a cash positive UBI hit > £50M market cap.
A buy and hold and wait.
I'm no TA person but the symmetry around the bottom from the fall looks peculiar and a re-rate rise could be quite quick, I think. A TA person should take a look.|
|Morning p1nkfish, do I let my head or heart rule!I think you may be proven right on this one after so many false dawns.They've axed some staff revamped and appear now to be running like a business out to make money.Time will tell, but I've joined you this morning adding to the small remnants of my previous holding/s.|
|Lastly - given the incentive scheme for Petti and others I can't see how this won't get well over 70p within the timeframe set out unless there is a major market meltdown. Management should be well motivated.
Should there be a recession the one area companies will look to spend on will be increased efficiency to maintain margins on lower volumes or to have to handle higher mix of products from the same plant. RTLS and software will help there.
The word "significant(ly)" is also used.
"revenue growth, margins, cost management and order book, all of which are SIGNIFICANTLY better than those achieved in 2015."
"We also signed some SIGNIFICANT new and extended RTLS product orders."|
|This I find most interesting as the margins are probably decent and it sounds like multiple plants distributed world-wide. Get one under your belt and others can follow and chances are they beat off competition.
Good to see British tech companies take on a global role in future manufacturing processes so this is pleasing to read.
"The increased focus on our RTLS software platform has paid off with the signing of a global software licence deal with a major automotive manufacturer."|