Smartspace Software Share Discussion Threads

[curriedquaker] 06/11/2020 16:55

CFO buying shares. Has been a long time since a director put his hand in his pocket to buy.
Cordwainer your £1+ will hopefully be achieved first thing Monday morning.

[cordwainer] 22/10/2020 16:12

Spread betters reducing their positions, apparently.

[spangle93] 13/10/2020 13:10

About 4:15pm at current progress!

[curriedquaker] 13/10/2020 11:18

There appears to be some quiet accumulation of shares in the last couple of days.
Small volumes, 2500 or 2000 per trade, keeping below the radar, but slowly pushing up the share price
Cordwainer’s £1+ could be sooner than anticipated.

[cordwainer] 12/10/2020 09:55

I topped up at 83p on 24 September. Still targeting £1+ but probably next year.

[xxx] 06/10/2020 23:06

Agree with that, however I thought the presentation today was very reassuring.A sense of momentum and good level of detail about each business unit IMV.

[weatherman] 06/10/2020 13:39

In my opinion - Is it usual to release final and interim results on same day? They have managed to get through the best part of £20m and still loss making. Growth has slowed, possibly due to CVD. Still not inclined to buy at the current price. I may be wrong, but learnt not to chase stocks - profits come with buying low and selling high.

[ali47fish] 06/10/2020 07:50

update sounds upbeat- anyone here cares to comment

[cordwainer] 04/9/2020 12:06

I guess probably just a few of their customers exiting a covid-fuelled tech stock long trade, as short-term traders might perceive it lately, leveraged too and hence the opposite of short-covering occurring too. Nothing to worry about imho, but not ideal with a small illiquid stock - hopefully they limit trade sizes accordingly.

[ali47fish] 04/9/2020 10:20

what is spreadex doing - sounds like manipulation? see rns today

[cordwainer] 26/8/2020 21:29

"Adding" is something i would normally do on dips but there's been no dip! However, I don't currently feel inclined to sell or take profits at less than 120p.
I only got in after the 31 July update and the share price trajectory has been lot steeper than i expected really. At todays price SMRT is now 3.25% of my SIPP which i personally feel is probably enough for a nano-cap of just £25m.
Maybe its only now just edging into the radar of nano-cap fund managers.
I also note that this is an illiquid share, today's rise was accompanied by just 29 trades - so could potentially be some choppiness just on general sentiment or impatience.

[ali47fish] 26/8/2020 15:09

cordwainer are you not adding then- i know the update was very good but the late rises were on no news and how far might this keep rising before thenext update!

[cordwainer] 26/8/2020 12:16

up another 12% atm, beginning to look like most of the short term profit takers have dried up. Technical resistance at 90-100p is illusionary given the improved fundamentals compared to a year ago.

[cordwainer] 19/8/2020 17:02

(u know u don't *have* to consolidate at 80p just because i said u might)

very interesting link @longtermgains.
glasshalfull must have been on the telephone maybe, to discover those recent sales.
looking forward to 110p+

[weatherman] 19/8/2020 11:27

SMRTs mkt cap is now a long way ahead of revenue, and they have been eating into their cash pile to buy as yet unproven businesses. I would want to see more evidence of growth and positive cash flow progress before buying at this level.

[longtermgains] 19/8/2020 07:19

Price target 110p. And that is highly conservative and will increase further.Here is how a very experienced investor,Glasshalfull, values SMRT. Well worth having a look at his Twitter thread:

[xxx] 18/8/2020 17:43

To be fair at that time, there was no news , the accounts were delayed with no xplanation and we knew that income was lumpy, so could have become insolvent/ firesale or very dilutionary placing. ie too risky.
Now on the other hand , incremental growth, and nett cash...not really sure what A + K does though..but pleased we appear to be on a sound footing.

[cordwainer] 18/8/2020 07:14

HSBC 5% holding. We're getting noticed.

[cordwainer] 17/8/2020 18:44

22 Apr Buy @ 17.45p; 28 Apr Sell all @ 27.9p :-)

31 July Buy @ 51.9p :-)

Looks like I should've held on to my April trade, but it seemed more speculative then.
Only guessing there could be a technical consolidation nigh at around 80p for profit-takers, but I'm more inclined to hold on given the improved and more focused prospects. Great momentum today with ok volume.

[cordwainer] 13/8/2020 08:15

"..customers self-configure ... moving away from..implementation consultancy / hardware deployment / on-premises installations.."

Now that's what I was clumsily trying to explain about 10 days ago.

[ali47fish] 13/8/2020 08:14

where's everyone good news
13 August 2020

Sale of Enterprise Software Business

[cordwainer] 11/8/2020 12:08

Agreed, could be just trying to fill a large order ? RNS of significant holdings later maybe.

[ade45] 11/8/2020 11:39

Something is brewing