1spatial Share Discussion Threads

[devil20] 03/4/2013 12:42

Nice to us on the rise again. Let's hope it breaks and holds over the 8p this time.

[frenchfry] 03/4/2013 09:32

Someone beginning to have a cheeky nibble again nice to see!

[412069] 03/4/2013 09:02

Looking like the results will be good lads.

[tsmith2] 02/4/2013 21:57

Nice little tick up today

[412069] 02/4/2013 09:49

Cheers tsmith, i thought so.

[tsmith2] 02/4/2013 09:24

things looking good, results by mid month (imo)

[412069] 28/3/2013 11:14

Remind me lads when's results due!

[solarno lopez] 26/3/2013 12:54

Institutions are alreay getting involved

[yump] 26/3/2013 12:26

I agree, the results coming are still going to contain exceptionals and costs incurred towards the latter part of 2012, so not expecting 'clean' profits.

The key for me will be the revenue figure and the outlook statement, as I'm hoping for say £15-20mln turnover in a year, with no exceptionals, which should lead to a very healthy pbt, given their likely margins as a specialist supplier.

As said before, its the combination of revenue growth and the appearance of straightforward profit figures that drive the p/e up, which compounds with the growth to accelerate the share price.

I think we can also be confident that if that happens, the area SPA work in will lead to a LOT of interest from quite a few investors.

[mwaller] 26/3/2013 12:14

@tsmith2
I agree with you, in terms of outlook, but I wouldn't want to get ahead of myself on the full 2012/2013 figures. Taking a more conservative approach, but keeping an eye on the big picture opportunity I would consider the following perspective.

The recovery play for the reconfigured group was being set in motion during 2012 and already being reflected in the interim 2012 results. The reversal was significant and wouldn't have had much time to get full traction during 2012. As such, I am not sure if we would expect to see the full extent of the recovery showing up already in the full 2012 figures, but rather see evidence of the forward momentum building.

The signs do show early evidence of yielding results in terms of strategic deals aligned with this refocus. I think we should look for continuing evidence of this strategy playing out as a leading indicator of future earnings growth potential that due to the nature and size of the deals will play out over a longer time - in cycles of months and years not weeks and months.

The undercurrents driving the business and SPAs position in that play (as noted in my previous posts) would give me optimism to suggest we should see a stabilization and early ramp up during 2012 being built upon to begin scaling during 2013 as the momentum builds and growth around the core technology and business is managed. Existing frameworks should provide robust revenue continuity.

I think the earnings on the scale and nature of future contracts could be significant (think of the US 2020 Census - just in ramp up, but very significant in scale playing out over years, as with UK OS with ongoing revenue). More of these in nature would be very good for outlook over the short and long term. Once further evidenced, this could impact the PE even if the bottom impacts hasn't fully played out. We should be encouraged the leaders are building in the capability to scale to fully capitalise their advantage...


On another associated note, which supports the spatial data growth and undercurrent story even with a company that has no real infrastructure IP. Intel Invests in GeoFusion... good example of expansion and relevance of GeoSpatial data into the commercial sector and increased interest this is now generating in the big players taking strategic positions... (sorry I linked to the translation page)

[solarno lopez] 26/3/2013 10:52

EXACTLY !!

[412069] 26/3/2013 10:51

Theres only the Germans with any cash!

[solarno lopez] 26/3/2013 10:49

European for me

[412069] 26/3/2013 10:45

Could be, Aussie one for me.

[solarno lopez] 26/3/2013 10:22

Reason being there is a deal in the background .......a very nice deal

[412069] 26/3/2013 10:20

Someones soaking up theses sells lads.

[solarno lopez] 25/3/2013 07:32

It looks to have promise even without the deal

[tsmith2] 24/3/2013 22:46

Next up is one where the recovery is already underway. That makes it a much lower risk recovery bet. I refer to AIM listed 1Spatial (LSE:SPA) where shares once changed hands at well into the teens but then slumped to a low of less than 2p. The shares are now 7.125p, valuing the firm at £24 million. For the first time, in the year just ended, this company will report a real profit (I expect £2.3 million with a zero tax charge) and this year it is on course for £3 million or more (again with a zero tax charge). It has net cash of c£5 million. As investors start to recognise that it is delivering a PE of 10 plus cash is possible. That implies a low risk 50% upside for this recovery play.

[spcecks] 22/3/2013 20:28

I would also say yes great oppertunity.

[412069] 22/3/2013 10:54

Aussie contract to come I'm sure soon as we'll.

[solarno lopez] 22/3/2013 10:46

....and I will second that....

[412069] 22/3/2013 10:39

Yes we do, my short and sharp answer. Good read that thanks.

[solarno lopez] 22/3/2013 10:36

....YES most definitely YES....awaiting the deal