Xploite Share Discussion Threads

[stan-the-man] 09/3/2010 12:53

Up 2p - something afoot at last??!!

[wcjan26] 15/2/2010 14:29

solarno
in theory perhaps

but i can't imagine any bidder would be desperately interested given the signal management gave in dumping their shares

[solarno lopez] 15/2/2010 14:22

Agreed, with all that cash, a clean balance sheet and Storage Fusion must make it either a reversal or bid candidate

[square1] 15/2/2010 13:57

Interesting times I think!!

[solarno lopez] 15/2/2010 13:43

this thread has gone too quiet so has anybody got anything useful to say!

[solarno lopez] 02/2/2010 08:46

so its a good buy for the future

[outsider] 02/2/2010 08:41

· Revised sales and marketing strategy for Storage Fusion resulted in 15
new agreements in Q4 and six new resellers were secured


Storage Fusion
Following the disposal of Anix, our remaining business is Storage Fusion.
Whilst Storage Fusion has recorded a loss for the year of GBP0.4m the Board has
worked hard to position this business to allow it to exploit the market
opportunities for its product and remains confident about the prospects for this
business.

At the time of the circular to Shareholders on 26 May 2009 prepared as part of
the disposal of Anix, the Board's strategy was to sell the Storage Fusion
software (Storage Resource analysis (SRA)) on an enterprise licence basis. The
directors now believe that this approach has introduced too many obstacles to
deliver significant take up of the software and, accordingly, altered the
marketing and pricing strategy in September 2009. Our strategy now is to
distribute the SRA software to customers using resellers, supported by certain
direct sales activity. Since making the decision to change our marketing
approach we have secured six of the leading resellers addressing this market and
through these resellers have visibility of a pipeline of opportunities, the
majority of which are with blue chip organisations demonstrating the viability
of the SRA product. This pipeline of opportunities is beginning to convert into
actual sales and whilst it is early days, indications are positive and in line
with our revised business plan for our Storage Fusion business.

The Board is confident that the measures adopted to date will have the effect of
significantly increasing the revenue and cash generation of the Storage Fusion
business and it remains the Board's objective to ensure that the Storage Fusion
business is cash positive on a month-to-month basis.

Furthermore, it is the belief of the Board that a higher volume of customers
will, in turn, increase awareness of the software, supporting the continued
growth of the Storage Fusion business and maintaining its recent, improved
performance. Whilst there remains much to be achieved, the Board is confident
today that the prospects for the business are positive and that at this time the
balances carried in the consolidated balance sheet, in particular the goodwill
balance of GBP4.2m, with respect to Storage Fusion remain appropriate.

Future direction
The management team remains committed to continuing our investment strategy. The
disposal of Anix has amply demonstrated their ability to achieve another
successful buy, develop and sell plan for shareholders and I would like to thank
them on your behalf for their efforts and skill in discharging that considerable
responsibility. As outlined in the tender offer announcement, all board members
have now reduced their employment costs to the group until further corporate
activity warrants a review of this policy.

We are now focused on another period of growth and development and look forward
to advising shareholders how that will be achieved over the next few months.
Chairman
1 February 2010

[outsider] 02/2/2010 08:40

everything going fine in the remaining business.

[solarno lopez] 02/2/2010 08:36

The results are out see what you think

[solarno lopez] 01/2/2010 12:09

RESULTS should be out tomorrow

[solarno lopez] 01/2/2010 06:37

No idea what bad news could be if any but it is a simple company and the numbers are not difficult to add up or down. So why make the statement that figures would be released week commencing 25 January and not publish.

In honesty I am hoping for the long muted takeover just look at the deals over the past 2 months

[lr4850] 31/1/2010 20:17

What bad news could there be? However, I don't trust Smith any more, so ..?

[solarno lopez] 31/1/2010 19:37

the results are late and were due to be announced week commencing 25 January 2010, Late results usually mean bad news.....surely not

[outsider] 17/1/2010 11:15

Call me a cab - 10 Nov'09 - 13:33 - 1199 of 1254

The numbers are up again
2.3734 PB





,,,,,just checking increase, since last posted about.....its significant.

[robers98] 16/1/2010 19:49

December figures update to 2.8241PB

[solarno lopez] 15/1/2010 14:19

I don't think so

[still waiting] 15/1/2010 11:59

Still Waiting - 13 Jan'10 - 13:39 - 1250 of 1251 edit


about to acquire something?

NASA now on the move, would make an ideal partnership/ hedge against each other?

[wcjan26] 13/1/2010 19:45

the_doctor

can't say we didn't see this one coming though last october.

oh for the realistic ability to short stocks like this.

[still waiting] 13/1/2010 13:39

about to acquire something?

[solarno lopez] 13/1/2010 06:11

Rock Star you have not included the deferred cash of of over a £1m

[rock star] 13/1/2010 06:01

No debt. Cash of 28p and a business that is no profitable. No stock around.

[latifs100] 12/1/2010 11:49

six month chart looks depressing.. what is the cash and debt levels

[solarno lopez] 12/1/2010 11:32

ok analysts and intelligencia have I got this stock badly wrong now quoting 32/33 or is something going to happen as I believe comments please