1spatial Share Discussion Threads

[tsmith2] 03/10/2012 08:54

not a single trade...shows how little the stock is followed.

wished the company would give some indications of numbers..

[412069] 03/10/2012 08:54

Anyone got L2 on here! i gave mine up years back.

[loss-leader] 03/10/2012 08:37

I am optimistic. The original 1spatial business is sound.

-1spatial is deep into markets well away from austerity hit Europe.

- Map data is fundamental to all sorts of folk .. from mobile comms, to transportation, to utilities, to oil/gas, to military .. and people are dreaming up new ways to monetize this.

-Also thinking long term, the European needs will not go away .. just be delayed until the public sector can afford to satisfy them.

enjoy the ride

LL

[tsmith2] 03/10/2012 08:29

as to how these trade at anything less than 5p is just nonsense... can't imagine it being any less than the size of the Unilever contract (were at 7p then!)

a 5 year contract with material impact on group results this year onwards...


The board of 1Spatial plc (the "Board"), the AIM quoted business technology and profit improvement specialist, is pleased to announce a five year contract has been entered into to provide a US Government Bureau with software and related services. The board believes the contract is likely to have a positive material impact on the group's results to January 2013 and beyond.



Marcus Hanke, CEO of 1Spatial plc, commented:

"We are delighted with this latest contract win. Not only does it enhance our presence and credentials in the US, but the length of the contract provides strong visibility as the Group focuses on organic growth and operating cash flow generation."

[412069] 03/10/2012 08:20

PS. no stock about either so buying will be at a cost for those who fancy some.

[412069] 03/10/2012 08:18

I got it right, maybe a military thing if so massive prosspects. Dosent get any bigger than the US when its new tech and dollars.

[dosser2] 03/10/2012 07:23

Could need more details to see a big rise, but heres hoping.

[here and there] 03/10/2012 07:12

great news today.....5 years...superb...bye bye 3p?

[412069] 28/9/2012 08:58

Russ.... My guess is with all the events that SPA are and have attendend the last few months if no contracts/joint eventures ect are won then whats the point of hosting them! just an inkling and seeing the odd 100/250k buys popping up.

[russell_hobbs] 27/9/2012 18:08

Should we be expecting news soon then?

[russell_hobbs] 27/9/2012 18:08

Should we be expecting news soon then?

[412069] 27/9/2012 16:42

Someones picking these up slowly away folks.

[412069] 21/9/2012 13:18

Hi all, i missed last fridays jump! is this the one for a rns this coming monday
i wonder.

[412069] 20/9/2012 09:06

Morning the few...bit of news below again, i expect more between now and the new year with all the up and coming events.


Dotted Eyes partners with 1Spatial to deliver a free data validation service

Cambridge - United Kingdom - Wed, September 19, 2012


There's now a quick and easy way to check that your data is right, rather than waiting for a problem to tell you it's not. What's more, this service is completely free of charge.
Dotted Eyes, one of the UK's leading GIS service providers, is pleased to announce the launch of yet another valuable service on its cloud platform – MISO. Data Validator, delivered in partnership with 1Spatial, is a new validation service that means not only can you get your data prepared, styled and optimised on MISO but you can now get it validated too.

Data Validator makes data quality accessible to you without any cost of ownership or on-going fees! It also enables you to have real confidence in the data you use and share, saving you the headache of discovering data problems once a project is well underway, by which point a data fix can be significantly trickier and take much longer to resolve than if it had been identified at the outset.





Image: Screenshot of Data Validator



Ben Allan, Managing Director of Dotted Eyes, commented: "We're delighted to be partnering with 1Spatial to deliver this highly valuable service to our customers, especially as it brings Dotted Eyes another step closer to making MISO a one stop shop for all your data needs. It also fits perfectly with MISO's goal to make a GIS professional's life easier by giving them real confidence in the data they use. We look forward to developing further exciting solutions with 1Spatial."

Duncan Guthrie, Strategic Alliance Director at 1Spatial, commented: "Dotted Eyes have been a trusted and highly valuable supplier of solutions to the Government market place for a number of years. Their understanding of the market's needs is exceptional and we are extremely pleased to be working in partnership with them. Leveraging 1Spatial's powerful, cloud based rules engine for data validation within the MISO environment is a perfect fit and delivers the first of a number of business focused applications."

[412069] 17/9/2012 12:42

Afternoon the few, well the daily volumes picking up these last few weeks, i missed the late Friday rise whilst trying to play golf, long my it continue.

[outsizeclothes.com] 15/9/2012 17:28

Storage Fusion is still too close to just turning profit to justify anything over £1m imho. Maybe after another year of 65% growth, but it will take at least that.
£3m is 3 years of 5% per month compound growth away.
£10m is Roel Peiper [ex PDX] talking.

[empirestate] 13/9/2012 21:37

with a apx gbp4m in the bank and an gbp8.8m mcap got to be decent value, expected growing revenues, greater emphasis on future business development and the full integration having been completed, reckon we should hear an update from them shortly, especially if the share price continues to perform, keep em peeled

[estienne] 13/9/2012 20:32

I wonder what they pay him to spin these yarns?

[412069] 13/9/2012 12:24

Phoenix..looks beeter in print.

I met up with Marcus Hanke the CEO of red hot penny share tech stock 1Spatial (SPA) yesterday for a detailed catch up. This company – formerly known as Avisen – has been a tale of woe for investors. Not because it has screwed up operationally but because in share price terms the stock has not performed. I will address both issues in turn but at 2p, valuing the company at £7 million, the shares are a compelling buy.

To the share price first. It was first whacked by heavy selling by those who lost in a board room bust up 18 months ago. More recently funds that I used to manage tipped out their (significant holding). That stock was picked up by the switched on team at Hargreave Hale but was an overhang. And generally the ennui among small cap investors who are just bored and tired by a lack of action and capital gains has seen a drip, drip of selling. Si that is the share price but is the woeful chart justified by operational failure?



© Image copyright aganderson

It depends how you look at it. Results for the year ended 31st January 2012 were released in late July. I cannot see why it takes so long to get numbers out and that does not really give me the wow factor. The underlying pre-tax loss was £548,000, down from £1.513 million. But this was a year when Avisen merged with fellow AIM tech player 1Spatial and amid fairly hectic re-organisation I am prepared to ignore the historics. The two core businesses (1 Spatial and Avisen both recorded positive EBITDA and the trend looks to be their friend. The non-core Storage Fusion (more later) made a tiny loss. Year end net cash was £2.63 million.

Post year end the company trousered a £1.3 million deferred consideration payment from the sale of its Inca unit. So net cash is now, I reckon, £4 million. Storage Fusion is now operating profitably and is clearly for sale. Hanke seems to think that it is worth £10 million. I am not sure how a business which generates 2012 sales of £390,000 ( an increase of 65%) is worth that much but even a third of that valuation would leave Avisen trading at net cash.

So how are the core businesses doing? Well very big new client wins at Avisen (with Unilever) plus a growing order book at 1Spatial mean that I believe that revenues will move ahead sharply from last year's £5.2 million and with gross margins of 35% last time (and likely to be higher this year) I could see 1Spatial reporting EBITDA of anything up to £2 million this year.

As such the company is now valued (if we strip out net cash) at just 1.5 times current year EBITDA. If the Storage Fusion business is sold... the maths are not hard to do. Hanke has been indicated that DF will be sold for a long time. I suspect that investors want to see him actually deliver and the cash land in the bank before they buy greedily. But of course those who wait for that event will have to pay more. Given the very limited downside risk (the cash backing and the fact that the business is profitable) I would buy now and just sit patiently and wait. If SF is sold for even 30% of Hanke's valuation and the remaining businesses were to be valued on a (hardly demanding) multiple of 5 you would be looking at a share price of 5p. Believe Hanke on SF and apply a fuller EBITDA multiple and 10p is achievable. Either way at 2p this looks like a compelling penny share buy.

[tsmith2] 13/9/2012 11:49

little tick up on v little vol - shows how illiquid the stock is, most of the stock in very strong hands with no intention to sell.

trading is going well, so we may have even had a double bottom on charts...easy to 4p at the v least..

[412069] 13/9/2012 08:13

Good info that Phoenix, all we need to do then is buy the odd few here and there and wait. It will do for me.

[skyship] 12/9/2012 18:05

None that anyone on Stockhouse knows. I wondered whether there might be problems with the hash-smoking Indians, but ST posters said that not the case - just a tap selling regardless of price! Still holding, though not adding...

[loss-leader] 12/9/2012 11:12

I am a believer ll

[412069] 12/9/2012 08:28

Morning the few..i bit of news....

1Spatial confirms commitment to Local Government in Australia

Sydney - Australia - Tue, September 11, 2012
1Spatial is delighted to announce the appointment of a new Account Manager to work closely with Local Government sector.
Hamish Martin brings with him over 10 years of experience in Account Management, with a clear focus on developing and maintaining relationships with clients. His role with 1Spatial will see him working with Local Government on a variety of key initiatives including Flood Analysis, Cadastre Data Alignment, Data validation, 149 Certificate Automation, Desktop GIS and web mapping and Metadata Management.

Brett Madsen, Regional Manager Australia/NZ said of the appointment:

"We are pleased to welcome Hamish to the 1Spatial team. His background in relationship management and customer-centric approach positions us well to achieve our goal of delivering the best level of support possible to Local Government."

Commenting on his new role, Hamish said:

"I am excited about my new role with 1Spatial, who have proven capability in delivering solutions to even the most complex of projects. I'm looking forward to working in a field that I find extremely interesting and working with the Local Government Authorities to thoroughly understand their requirements and deliver value in key areas of interest for them."

-END