Actual Experience Share Discussion Threads

[simon gordon] 13/2/2014 14:21

They didn't actually raise any money.

[quickmind] 13/2/2014 14:15

"Introduction Price: 54.5p"

Introduction Price!? It sounds like the money you get for introducing clients to a prostitute. This is a mugger's game.

[steve695] 13/2/2014 14:12

Sounds like interesting technology but are we really on a price/sales of 130 or have I got my sums badly wrong?

[dasv] 13/2/2014 13:04

not quite as extreme as NLG got on similar turnover but yeah.

[stegrego] 13/2/2014 12:30

Is someone having a laff?

400k turnover and 60 million market cap??

This is worth peanuts not 200p+

The madness continues.....

[simon gordon] 13/2/2014 10:40

Tech Market View - 13/2/14:

It's the experience, Actually

Today sees the first day of trading for AIM newcomer Actual Experience. The Bath-based company which is a spin out from Queen Mary's University of London, has an intriguing proposition, describing itself as Analytics-as-a-Service provider focussing on the digital supply chain. Basically it analyses the performance of all the business applications used to enable digital business and operations (e.g. online ticketing, video conferencing), on an end-to-end basis to determine what users (customers and internal staff) are actually experiencing.

The focus on the digital (rather that the physical) supply chain, marks the company as a product of the digital age, addressing a new set of problems. It says the experience aspect differentiates it from performance management systems, enabling it to identify sub-optimal performance across the supply chain and at the point of consumption. So far it has a small but quality set of customers including Accenture (UK), Cisco Systems, Deutsche Post and Verizon Business.

Actual Experience was founded in 2009, backed by a group of early stage investors led by IP2IPO. In November 2013 it raised £4m from a consortium of investors led by Henderson Global Investors. It listed on the AIM at 54.5p with a capitalisation of £15.6m which is shall we say a confident valuation given the size of the business. Revenue for the year to July 31 2012 was £120k, rising to £440k for the 14 months to September 30 2013. There will be plenty to explore once we meet with the management team.

[praipus] 13/2/2014 10:22

bamboo2, will answer your question on the FIP thread:-)

[ltinvestor] 13/2/2014 09:22

440k turnover in 14 months.Mkt cap at 100p is £34m!!LT

[ltinvestor] 13/2/2014 09:22

440k turnover in 14 months.Mkt cap at 100p is £34m!!LT

[bamboo2] 13/2/2014 09:18

Praipus is there a paper profit to be made out of the difference in price between FIP and IPO, once they are joined?

[mirabeau] 13/2/2014 09:09

Someone's just paid 300p for 1650

[praipus] 13/2/2014 09:09

Buy FIP which IPO (IP2IPO) have just bought and hasnt moved yet :-)

IPO are paying for FIP in IPO shares so they should move in lock step.

IPO own 29.8% of ACT.

[hazl] 13/2/2014 09:06

yes thanks for pointing it out mirabeau

[mirabeau] 13/2/2014 09:00

What is the point of floating a great company like this and then making it almost impossible to buy and sell them in any reasonable amount? Yes, for purposes of reputation but come on, give the retail market a chance

[simon gordon] 13/2/2014 08:39

Someone just got 500 for 110p, first retail trade.

[bamboo2] 13/2/2014 08:36

From the trades page,
Selling at 65.
Bid 65 Offer 75

Chart above could be suspect at the mo.

[mirabeau] 13/2/2014 08:32

I'll wait to see if liquidity improves over the coming weeks but that issue aside the company's prospects seem very bright with an excellent client base

[simon gordon] 13/2/2014 08:30

Was offered 500 at 200p when I phoned a broker, second one offered 5,000 at 145p. Just no liquidity.

[mirabeau] 13/2/2014 07:50

66% of the stock is held by Directors and 'other shareholders' with a lock-in period of 12 months from the date of flotation

[mirabeau] 13/2/2014 07:31

Actual Experience set to become one of LSE's first tech IPOs in 2014

The Bath-headquartered company provides businesses with a "digital analytics-as-a-service"

By Sam Shead | Techworld | Published: 15:29, 13 January 2014

Bath-based analytics firm Actual Experience is set to become one of the London Stock Exchange's (LSE) first tech listings when it goes public on the Alternative Investment Market (AIM) at the end of the month.

The announcement comes just a week after the LSE said that UK tech companies can raise just as much money in London as they can in New York, despite some experts claiming firms can raise 300-500 percent more on overseas markets like Nasdaq.

"I think the AIM market in London is particularly good for companies of our size," said Actual Experience CEO Dave Page. "As a British business with a lot of global customers, the AIM market seemed the obvious choice for us.
Related Articles on Techworld

"We're a long way through the process," Page told Techworld. "The date is yet to be nailed completely but it should be the end of January or early February."

The firm claims its analytics-as-a-service technology allows businesses to analyse their digital supply chain and identify network freezes that other network management tools can't detect.

The company, founded in 2009, has already acquired blue-chip customers including Cisco, Standard Bank, the Falkland Islands Government, Deutsche Post DHL, Verizon, Conde Nast, Accenture, ITV and Charles Stanley.

The initial public offering (IPO) is set to value the company at £17 million and comes after the company was backed by global investors Henderson to the tune of £4 million last November.

"The fundraising is about beefing up the balance sheets so we can support some of the customers that we're acquiring at the moment," said Page. "For a tiny little British start-up they're hard to deal with. We've got some sensational customers on board but they are demanding and they are exhausting so the increase in the balance sheet is about recruiting people in on the front end and the back end to really develop the opportunities we've got with these big customers."

Page revealed that he expects to double the size of his 17-strong workforce over the next year.

Henderson's UK & Irish fund director, Rob Giles, said: "We haven't come across such an exciting technology company with truly global potential for many years. We believe this has the potential to be the best float of 2014."

The company also caught the eye of early investors IP Group, who now owns a 30 percent stake in the business.

Mark Reilly, head of physical sciences at IP Group, said: "We see a lot of exciting new inventions at IP Group - several every week – but Actual Experience has one of the most profound and broadly applicable products I have seen. Its value is ubiquitous. There are very few individuals or businesses of any size in the modern world that could not yield great benefit from the Actual Experience product."

An LSE spokesperson said there are a couple of other tech IPOs in the pipeline for January in addition to that of Actual Experience.

[chapman123] 09/1/2008 14:15

shame L-wear went bust in 2007 too.....

[chapman123] 13/2/2007 16:13

Have seen the report deficit about £5-6M and there is a winding up order for the Actif group in Jan seems all the directors jumped ship into the new company too bit to cosy for my liking guess what all the directors held little of NO shares..............

[chapman123] 12/2/2007 11:39

I am/was a shareholder of the above company whos main trading subsiduries went in administration in April 2006 yet the parent company Actif Group plc never did

The subsiduries being the wholesale and retail companies were sold quickly by Kroll to L-Wear a vehicle created to buy the group there was talk that they paid £20M ??

As far as I can see Actif didn't have than much debt therefore perhaps there are funds left over for shareholders ?? so why haven't we been told this ??

does anyone feel the same way ie badly treated again by a plc