Ubisense Share Discussion Threads

[she-ra] 07/4/2016 16:16

p1nkfish - Sorry this happened to you today. I know you have been a long term investor here. I was not expecting this at all. I now have no idea how to value this company because they don't seem to manage to move forward without raising new funds continually.

I think I will take this off my watchlist.

[smithie6] 07/4/2016 12:20

I would guess the MD ?

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2.2M pnd cash outflow in Q1 !
Disaster imo.
8.8M/ year !!...."out" !!
I doubt whether the co. is telling the mkt the reality.
Can it survive ?
Today's cash raise is a survival cash raise imo.....as shown by the size of cash raise and the discount....HALF price wrt mkt price over last few months.
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When is a recurring revenue not really a recurring revenue ?
When it suddenly drops by 30% !!

[p1nkfish] 07/4/2016 11:40

The company should not reward failure.
Where does the buck stop for what has been massive erosion of value?
Interim CFO sounds on the ball as does the new Chairman.
What does that leave as the weakest link?

[p1nkfish] 07/4/2016 11:32

more stop option dilution likely.
they should place stringent share price growth targets to achieve vesting.
no growth in share price to some stretch then no vest and the options time out.
little confidence that will be the case, more likely gravy train.


"Following the completion of the Placing, the Group intends to review its long-term incentive arrangements in order to ensure that the Group is able to recruit and retain appropriate talent in key management roles. The Board intends to consult with certain of its major shareholders ahead of proposing any new incentive plan at the Annual General Meeting to be convened for June 2016."

[p1nkfish] 07/4/2016 11:25

the only way they could get it out the door.
chance this could go sub 20p?

[love it] 07/4/2016 10:53

placing at 25p ouch

[p1nkfish] 06/4/2016 17:15

Granted.
More cost cuts probably needed and a purge perhaps.
Wonder how they have gotten away without prioritising profit for so long?

[pugugly] 06/4/2016 17:14

All should be revealed tomorrow - What will it be - share price Up or down and by how much ??

[she-ra] 06/4/2016 17:06

p1nkfish - Even if they do, they probably wont make a profit on it.

[p1nkfish] 06/4/2016 13:58

With Tesla wanting to ramp up, will there be more business in there for UBI?
That would be one to crow about if they signed up for the full Smart Factory.
Have they already?

[p1nkfish] 25/1/2016 08:35

Kestrel played a blinder on the KBC Adv Tech front and might just do the same here on a sale of the company. Long way back towards high 90's but I think they will get there.

Kestrel Partners 8,126,333 22.21%
Columbia Threadneedle Investments 4,227,636 11.56%
Robert Daniell Sansom 2,985,899 8.16%
NFU Mutual Insurance Society Ltd 2,336,490 6.39%
Ruffer LLP 1,934,671 5.29%
Richard Terence Green 1,844,462 5.04%
Living Bridge 1,432,049 3.91%
Charles Stanley Group Plc 1,331,444 3.64%
Unicorn Asset Management 1,205,978 3.30%

[p1nkfish] 21/12/2015 17:23

Someone posted trade sale as the best way forward. Would agree. Sell the company to another that have management. This lot have driven this into the ground so far.

[mrpotatohead] 21/12/2015 13:37

what a dog - needs sorting soon

[marchantone] 20/11/2015 23:08

The problem is the bank must be about to pull out on these figures
then that's it, must be change at the top fast
there egos of these start ups although 11 years in are inline with
the PhD's what run it, know experience of running a company and do not
know who to ask,,, the MD and CTO must go soon, key people like the CFO have already gone and the wages of the founders needs to be less buy 50% of the
PM of the UK not more.

expand on growth and income not will be a 100m company

[bergster56] 17/11/2015 20:26

could well see sub 10p in what is fast becoming a worthless company

no cash generation
no profit
dilution
onerous debt
customers pulling out

anyone else got other parts of the perfect storm i may have missed?

[she-ra] 17/11/2015 16:53

Massive dumping after hours at 35p.Wonder if institutions have been sounded out about a fundraising?

[brummy_git] 12/11/2015 10:03

Yes overall a very big disappointment, for at one stage a very promising company

[p1nkfish] 12/11/2015 09:45

no surprise there then and if we could predict it why not they?

i hope the entities that took stock at 90p are putting some pressure on as there has been a lack of urgency on the side of the management.

when it stabilises and starts to grow again what chance these start to recruit like crazy and use headcount as a metric rather than profit?

headcount is easy to increase.

trade sale perhaps, from a position of weakness, not too good.

[brummy_git] 12/11/2015 08:22

Looks like these guys as expected got hammered by the VW emissions crisis. Also I must admit that I have been too bullish on the technology, as clearly the smart factory proposition isn't sufficiently compelling for customers to agree to implement it quickly and generate cash for Ubisense.

IMO a trade sale looks the only mildly positive outcome for shareholders

[masurenguy] 12/11/2015 07:33

Trading update and a profit warning ! Glad I exited in August.

"Due to these unforeseen circumstances, there is a risk of a material revenue and subsequent profit shortfall against previous guidance for FY15. The Board's estimate is that second half revenues will now be in the range of £12.6-14.6 million (as against first half revenues of £10.4 million) and that full year FY15 revenues will therefore be in the range of £23-25 million. This range of outcomes should result in at least a small positive adjusted EBITDA for the second half, before non-recurring costs, but an adjusted EBITDA loss for the full year FY15."

[p1nkfish] 24/10/2015 02:10

Add geo-spatial and stir. Ubi would make a very useful bolt-on.

[mrpotatohead] 22/10/2015 23:53

comon sort this out - potential but not securing deals. could be 150 but could be 50 - not for the faint hearted

[p1nkfish] 20/10/2015 11:45

touched 90p from what I can see.
any chance low 80's?

big contracts they whittered on about haven't landed yet and smaller holders becoming frustrated.

if contracts get pushed back a further 3 or 6 months they might as well not mention them again.

beginning to wonder if there is more to Hopper resigning than meets the eye. i thought it was only natural but the weakness and lack of news may indicate otherwise, a need for change at the top?

[p1nkfish] 19/10/2015 17:11

Could breach 90p unless Kestrel step in.

If VW does impact it expect another set of disappointing results and more excuses.

No sign of a game changing announcement?