Ubisense Share Discussion Threads

[p1nkfish] 11/5/2015 22:35

chart looks very poor too.

i hold these.

not so long ago sub £1 would have been thought impossible.
they have a high burn rate and not managed for shateholder return in short term yet.

perhaps this next 12-18 months will be different.
needs to be to reverse the ski slope.

[p1nkfish] 11/5/2015 22:31

wait and see.
look at ipo placing recently - profitable, large etc.
ok at nano placing recently - probably better growth potential and better register.

there are others recently.

all taking advantage whilst money is still loose, all fell below placing price.

only thing in ubi favour is the small float that can help.

[21trader] 11/5/2015 21:31

70's now !

Keep deramping but it's not going to happen. Not one sale today the first day after placing Rns.

[p1nkfish] 11/5/2015 18:57

Have to wait to see share price performance post placing and the placee names. Less than £8k traded today and indicative of very little.

A number of recent placings have moved below placing price therafter and unless these are lucky with news I could see the same here.

70's perhaps.

[21trader] 11/5/2015 17:56

Not one person was so peeved to sell after that placing news.

All buys on normal market and ISDX.

Positive sign

[p1nkfish] 09/5/2015 22:01

Interesting to know what the rationalisation initiatives are........'In particular, the Company would not be able to implement certain rationalisation initiatives which the Board believes would be beneficial to future operational effectiveness and profitability.'

[p1nkfish] 09/5/2015 17:22

wouldn't be at all surprised to see sub 90p some time.

perhaps not for long nor at high volume sell-off but no surprise if it does.

i take the need to strengthen the balance sheet as a pre-requiste to winning business.

some of the large automotive oems will not extend exposure to companies that do not pass certain balance sheet and cash on hand tests.

ubi's gear could be so critical to workflow throughput that balance sheet guarantees are needed.

[21trader] 09/5/2015 13:59

Should put a floor on the price of 90p again along when the directors bought heavily.

There was every chance to sell after the update above 125p the price was there
for a while so people can have no complaints and now you have the chance to buy
back in the 90's. I'm sure it will do well again in time. I'm happy with the funding it makes sense but understand others unhappy with price compared with
a few weeks ago.

[she-ra] 09/5/2015 12:34

I will never trust this company again. They were putting out positive noises in business wires in the run up to that terrible trading statement. They wrong-footed investors.

[brummy_git] 09/5/2015 09:08

CFO isn't planning to subscribe in the placing. Also it appears £9.5m net proceeds will largely be used to fund working capital - which (apart from restructuring/redundancy costs) means basically giving it to customers in the form of extended payment terms.

I hope the Board know what they're doing. The company clearly needs to generate substantial profit margins to justify this generosity. Normally you would expect high-tech software businesses to be cash flow positive and have very little working capital given up-front customer payments. Something still doesn't smell quite right?

Finally I guess a fund raise now means the chance of a takeover (say by GE) in the near term is remote.

[p1nkfish] 08/5/2015 18:18

They will have about £5M on the balance sheet and no debt from a quick cursory glance, for 33% dilution.

This is their last chance to get off the runway.

The shareholder register will tell us what the market thinks of 90p and the potential. For the best but a nuisance.

[brummy_git] 08/5/2015 18:04

Surprisingly no heads rolled – at least yet.

£10m fund raise seems sensible - albeit very dilutive for patient investors

[ukinvestor220] 08/5/2015 13:05

and demand positions at a big discount

[brummy_git] 05/5/2015 09:42

Institutional investors could well make it a prerequisite to refresh the management team if they are asked to pump more money into this cash hungry business.

[p1nkfish] 03/5/2015 18:22

buy-out.

tech boys unable to run this for profitable growth, needs proper industrial management fit for purpose. Rockwell, GE, Honeywell, Siemens etc.

Taken how many years to realise they need sales help and can't forecast?

Management sending conflicting/confusing signals doesn't help confidence in them, the company and/or product.

[brummy_git] 03/5/2015 17:52

Takeover is more likely, as PE/VC boys would probably baulk at idea of backing current board.

[bergster56] 03/5/2015 14:28

the uncertainty created by the co means only way is down...MBO?

[p1nkfish] 01/5/2015 18:21

GM lloking positive.

[p1nkfish] 01/5/2015 17:07

Would make a nice little acquisition for a GE, Rockwell Automation, Siemens or Honeywell if they can make it look worthwhile as an operation.

[bakunin] 01/5/2015 11:15

Their software has by necessity a service orientation, although they like to call it solution-oriented. They are never going to ramp up sales in a Tornado-style fashion and just be able to ship product as fast as they can.
With this in mind, they really ought to become cost-conscious as soon as possible.
Similar software developers like TRAK and TRCS don't have a problem keeping costs in line with the revenue opportunity. And yet TRAK arguably has a much larger market opportunity than UBI.
The likes of WAND can get away with costs totally out of control as their potential market opportunity is enormous and is product-oriented, not solution-oriented.
I've got a feeling that this is going to be way beyond the Oxbridge boys, though.

[p1nkfish] 30/4/2015 22:30

This can turn quickly. Certainly would want to know at what price Numis can get a funding round off at and how they will place, with whom.

The frustration is that the target market is massive and UBI have a flying start and a managment and BOD who know the technology better than anyone. The pipeline sounds excellent too.

Todays announcement does highlight the weakness in sales closure & forecasting, that they are trying to bolster, & the ineptitude of upper management at not doing something about it sooner & their being unable to communicate smoothly with the market - stop/start, all's growth, no it isn't, orders expected, no thy're not.

[battlebus2] 30/4/2015 21:02

Don't make me laugh :))

[bergster56] 30/4/2015 20:39

very concerning. next stop sub 50p

[p1nkfish] 30/4/2015 20:09

pick your combination.

you would have thought they would have looked to raise at as high price as possible.

[bakunin] 30/4/2015 16:21

What a pathetically deliberate destruction of their own share price.
Issue a "P/W" and, at the same time, mention that they are initiating a fundraising.
Complete idiots or easily-manipulated fools.
Or just plain old incompetent Oxbridge management.