21st Century Technology Share Discussion Threads

[m1roda] 29/3/2015 12:08

I use hargreave hale in Lancaster. I found Andy mc dowall very helpful. 01524 541560. Hope this helps.

[vfast] 28/3/2015 10:35

M1roda, it appears from your trades that the spread was only 0.1p, I've ask my stockbroker this morning to transfer my shares from a nominee account to an ISA however they said it would be at the best market spread they could achieve which could be 1p which is a big percentage.

Can I ask you which stockbroker you use or do you know someway to reduce the spread/cost.

[vfast] 28/3/2015 09:54

Thanks M1roda, sounds like a good idea.

I should be looking to do the same.

[m1roda] 27/3/2015 16:56

Sorry I moved some from a nominee account to mine and my wife's stock and share Isa.

[vfast] 27/3/2015 16:31

Interesting 3 large trades today.

[qut] 26/3/2015 12:47

I think that's a big reason why they're trying to cement business with existing customers and offer them a larger variety of 'integrated' solutions. They see that as the main way to boost income. In any field, a lot of people tend to be loyal to one provider, even if there are cheaper options around, so that they can build a trusted working relationship and also for convenience. A bit like doing all your shopping at one supermarket when some items could be purchased more cheaply at other shops.

[waterloo01] 25/3/2015 19:32

Might have had something to do with Gillihamer re the European stuff, but low value and expensive business to win and keep.

One thing (of a few) that still bother me are the margins. Faster moving cloud based tech and becoming rather comoditised (can't spell that word!)and competitive. If not on price how do they really differentiate?

Saving grace might be Watkins (aka Trak8) white knight?

[qut] 25/3/2015 19:03

Yes, they seemed to be casting their net around Europe and took their eye off the ball at home. Ok, they've had some success in Sweden, but the other European markets look really patchy - just the odd EcoManager contract in France and trials in other countries which didn't appear to come to much. They now seem to have an integrated offering which involves multiple technologies, so this must be more attractive to clients.

[waterloo01] 25/3/2015 17:46

qut, spot on. I also posted ages ago (a year +) that one had to question why the contracts were lost in the first place. Why did they go with competitors (tech/customer service/price?) At the time, not knowing that made these look risky, as has been born out by the share price drop since. IF they can prove they can - profitably - win the two main renewals it's a much steadier company. Really not impressed with the 'new market opportunities' stuff if they can't win at home.

[qut] 25/3/2015 14:11

The mistake the old regime made is they went chasing after new business and neglected existing customers!

[qut] 25/3/2015 14:09

Obviously, the renewal of big contracts is key here, but accumulation of other business is good, in particular extra business won from EXISTING customers which is what appears to have happened in Ireland. This is the policy the new directors want to implement, so hopefully it's the right policy and it is working!

[vfast] 25/3/2015 08:14

All good news Qut.

It's building up nicely for the recovery.

The final result statement for 2014 will give an indication for this year. I believe they will be out April/May.

[qut] 24/3/2015 22:33

New order won in Ireland:

[vfast] 10/2/2015 09:51

Hi ALS

I'm expecting both companies to make a recovery this year, hope this makes up for a few lean years.

Will have a look at Newmark, trust all is well R.

Bill.

[arthur_lame_stocks] 10/2/2015 09:01

Hi Vfast

Good luck with this and Densitron. I think they could both pay off given time.

While your at it take a look at Newmark Security at 2.85p. I think they're dirt cheap.

[vfast] 09/2/2015 23:22

Lucky I bought when I did if they drop back under 5p I'll have another nibble.

Hold just under 1% of the shares. Yes, I think better days are on the way as well.

Regards,

Bill.

[leona306a] 09/2/2015 23:09

The chart for C21 is looking good.The 50 day "moving average "is moving into a strong support situation. Better days are on the way.Nice 25k today fast.

[vfast] 09/2/2015 11:57

Thanks David however the next time I will be in London will be June.

The 25k at 4.72p was a buy this morning, just me nibbling away.

[davidosh] 09/2/2015 00:24

Mark Slater is presenting at this event in March which may interest some of you...

[vfast] 08/2/2015 23:33

Leona, I’m hoping to see some recovery this year and I believe March will be a significant month. Hoping to see a contact renewal and a positive forecast for 2015 and 2016.

There is an overhang in the stock which maybe cleared off if progress has been made, looking to buy a few more if the share price comeback to the 4.5p level.

V.

[leona306a] 27/1/2015 22:53

VFast. That is very good information about Russ Singleton and Glen Robinson.To add to that please note that a major shareholder is "Slater Investments ltd " who hold 14,127846 ( 13% holding ). Slater investments are run by Mark Slater, the son of Jim Slater, who has a reputation for turning round medium and small companies. Jim with the aid Mark researched and edited the best selling investment book " THE ZULU PRINCIPLE" . That book is well worth reading.I have a considerable holding In C21 .and look forward to a good year. Happy investing

[vfast] 23/1/2015 17:32

Dealer Dan see below, he did mention a few other companies as well.

'AIM's most promising turnaround plays by Andrew Hore | Fri, 16th January 2015 - 16:13'

21st Century Technology (C21) 4.5p

Transport CCTV and monitoring systems technology supplier 21st Century Technology (C21) has an up and down record but the management team that came into the business in October 2013 has already had a positive effect. Chief executive Russ Singleton and finance director Glenn Robinson previously worked at AIM-quoted Quadnetics (now known as Synectics), which owns a rival of 21st Century, and they have stabilised the business and successfully renewed contracts with some existing customers. 21st Century has a large market share in the bus market but its customer services was lacking and Go-Ahead, one of its major customers did not renew in 2013.

Subsequently, 21st Century has secured a renewal of a framework agreement with a UK bus operator which is expected to be worth £3 million in the period up to February 2017. Swedish bus company contracts gained in the fourth quarter of 2014 are worth £2.45 million. There is another major UK bus company contract that is coming up for renewal in March and if that is secured then 21st Century will be in a solid position. There are additional opportunities in the rail sector.

There are no public forecasts at the moment, but a small loss is likely in 2014. Longer-term, the strategy is to switch from being an installer of systems to offering managed services that provide recurring revenues. Shareholders have agreed to an incentive scheme that provides Singleton and Robinson with 12% of the upside in the market capitalisation of the company. Last summer, Singleton and Robinson bought shares, initially at 5.75p a share and then at 6.125p each. The share price is currently lower, but the current valuation is underpinned by net cash of £2.6 million (three-fifths of market capitalisation) at the end of June 2014 and positive contract news could spark a recovery.

[dealer dan] 23/1/2015 06:59

Vfast- could you post as googled Hore but could not see review ?? Thanks in anticipation.

[vfast] 19/1/2015 17:28

Positive write up late on Friday.

'AIM's most promising turnaround plays by Andrew Hore | Fri, 16th January 2015 - 16:13'

Hoping to see the recovery this year.

[nick rubens] 08/1/2015 15:05

Any long term holders/followers here? Just wondering why the big decline in turnover last few years? Have they been in CCTV throughout this period?