21st Century Technology Share Discussion Threads

[nod] 21/12/2017 22:22

The loan refinancing is very good news, reducing the APR by 50%It's a very long wait for annual results in late May. In 2016 they released a trading update in April but I don't think they did in 2017 for some reason.

[vfast] 21/12/2017 16:50

Good trading statement today and they have the money to move the company forward.

[nod] 27/10/2017 00:59

One third less buses to install trackers in - see C21's December contract.

[whatlp] 26/10/2017 03:18

What does this mean for 21C?

[nod] 26/10/2017 02:49

Last December C21 won a contract with NZ Bus in New Zealand. I keep a watch for the technology but not seen any news on the tech as yet. Business has not gone too well for NZ Bus this year. Like the UK, this is a highly competitive market with bus operators beaten down on price.This news from yesterday:"Infratil, the publicly listed infrastructure investor, has concluded its NZ Bus negotiations with Auckland Transport while negotiations in Wellington are ongoing, and still expects the business will shrink by a third.In a release to the stock exchange, Wellington-based Infratil said it secured 20 long-term contracts in Western, Central and Northern regions of Auckland, with the result of negotiations consistent with previous earnings guidance and the expected scale of NZ Bus in future.In August, Infratil said NZ Bus's loss of certain public transport contracts meant it would shrink to about two-thirds its original scale, with 75 per cent of the business in Auckland and 25 per cent in Wellington. Overall medium-term returns should be maintained through downsizing and productivity gains, although the 2018 earnings outlook was weighed on by the future for NZ Bus.Zane Fulljames, NZ Bus chief executive, said the contracts were worth about $1 billion with an average term of nine years. The company expects to invest some $47 million in new fleet, including an additional 75 doubledecker buses."Electric vehicles are the future of public transport and will be a key focus now the contracting process for NZ Bus in Auckland has concluded," Fulljames said. "We are extremely well positioned for future market and technology challenges and have a solid platform to continue our journey towards cleaner and greener transport solutions."In May, NZ Bus lost most of its bus contract with the Greater Wellington Regional Council to Masterton-based Tranzit Group, which the council said could offer the service cheaper, reducing its share of services to 28 per cent from 73 per cent.

[nod] 16/10/2017 10:49

Two posts from me in six weeks. Hmmm. I take it you prefer to be alone.A discussion board is meant to be about discussing the pros and cons. Not everyone has to be a bull all the time.I am not a shareholder today but I have been a shareholder many times over the past two decades.If you are a shareholder you should be able to calculate the cash position. If c21 has to raise cash again it could impact the share price

[m1roda] 14/10/2017 00:50

Nod I wonder if you would answer a question ?? I have a logical mind and can't get my head around you say you don't hold a position on this share yet you continue to post negative comments. What is your gripe with the company ? Are you an ex-employee/director, supplier or are you trying to help us so we don't lose money on this share ?Thanks in anticipation of putting me out of my misery Cheers

[nod] 13/10/2017 10:12

I wonder what the cash situation looks like.Around 10 months ago they raised GBP 300k in loan notes at 10% pa. At the rate they were getting through cash that would not last a year.

[vfast] 11/10/2017 13:07

The company has been transformed over the last 3 years and now offering new products and services which their customs appear to like and they are attracting new customs.

Undervalued in my opinion.

[red army] 11/10/2017 12:20

Have been in these for some time and have to say that my perception of the board is becoming more negative.
In my opinion this company requires an activist investor to provide more energy and focus to the strategy as the board are becoming very tired and accepting a mediocre situation going nowhere.

[vfast] 10/10/2017 17:01

Yes, lets hope they have some more good news regarding new contract(s).

[dealit] 10/10/2017 16:47

Maybe another contract on the way due to share price up today let us hope.

[nod] 04/10/2017 19:19

Thin margins has always been the problem in this sector due to it being crowded with competing products and suppliers. Winning new business would be expensive with an 800 bus pilot.C21 has good products but intense competition keeps prices and profits down. "The contract was awarded following a competitive tendering process involving many industry specialists through which 21(st) Century had to demonstrate its abilities to deliver .."In this environment it's hard to see c21 ever paying a dividend to shareholders.

[dealit] 04/10/2017 16:19

Always good news new contracts, do not know the profit margins but proves that the product is good.

[waterloo01] 04/10/2017 09:28

Might be that the £1m value equals £200 per bus. As usual, how much will it cost to deliver and service?

[vfast] 04/10/2017 09:12

It looks like someone is off loading shares creating a overhang.

Hopefully that will be cleared off.

For me the company is moving in the right direction.

[batham1] 04/10/2017 09:06

Contract win....share price down! Hope they don't win any more business. Can anyone explain?

[vfast] 04/10/2017 07:22

More good news from C21 this morning.

21st Century Technology plc.

£1m bus safety systems engineering contract.

[norbert colon] 12/9/2017 07:31

Looks like a decent set of results from competitor Petards £PEG with revenue of £8m and PTP of £0.5m:https://www.investegate.co.uk/petards-group-plc--peg-/rns/half-year-report/201709120700044203Q/

[nod] 31/8/2017 11:11

Yes, that seems a certainty.From Finals in May (to 31 Dec 2016)Cash at year end GBP0.5m (2015: GBP1.0m) So they went through 400k cash in the 6 months to 30 June even after cost cuts.They must be down 100k since H1 end (30 June)Running on an oily rag by now.

[waterloo01] 31/8/2017 10:57

After all these years still loss making and with very little margin for error. With margins thin (especially on some of the overseas contracts) and cash down to £100k, they will be back to the wishing well soon!

[nod] 31/8/2017 10:20

It's quiet on here.Interims posted. Lower revenues but lower loss.