Aeorema Communications Share Discussion Threads

[clocktower] 13/3/2015 12:05

Maybe its Sparky selling the last of the holding? or are you cutting your losses az4hr?

Still it is now down to its previous support level, so we will see if it yet to slide further towards 20p before bouncing.

[clocktower] 12/3/2015 14:13

Until they appoint a new CEO and she/he buys into the company or they announce a large contract for example there will be little interest I expect but then it should be much higher on the fundamentals as has been discussed on this thread.

[az4hr] 12/3/2015 14:10

just when u think its stabilises another massive lurch downwards

[az4hr] 12/3/2015 14:02

brutal this share just keeps going down relentlessly

[clocktower] 12/3/2015 13:55

After a long period of little activity it springs to a shard of light. Will we test much lower levels for support or will there be a sharp rebound? With no news expected it could drift I assume.

[clocktower] 05/3/2015 17:48

Yes Mark,

Well it was my view that SG could not motivate a bunch of five years old kids to
want to kick a ball unless it was at him. Hence my well posted views that some here clearly took into consideration and sold the stock down to their good fortune. The good news is that he did not last long. It is good to see the stock settle and I am sure before long we will see further serious buyers coming back in.

[mark1000] 05/3/2015 11:55

Clock tower I once worked for a small highly successful company the old MD went off to be the European MD the new UK MD was lazy and ineffective spent lots and achieved little the effect was enormous we went from highly successful to struggling in 6 months. It was like a cancer when the old MD came back in he told me that I was one of the very few who had kept high standards most of the staff`s performances had slipped back.Human nature the man at the top was not pulling his weight why should I? The demotivation on a tight knit team can make all the difference in a highly competitive environment you start coming second on bids no longer winning them.

[mark1000] 05/3/2015 11:40

PJ1 - You have every right to post I hope you continue.Its unfair of you to say after reading my post 3007 that I do not have an open mind I very much like to think I have. Do not fall into the trap of thinking if someone does not agree a 100% with you they do not have an open mind. I was not at the AGM you clearly were not impressed I respect that.

The only really accurate DSO`s worth calculating are on count back for this you would need to know the monthly sales figures including the VAT without that you are restricted to calculations assuming sales are spread evenly month by month which we know is not true.

[clocktower] 05/3/2015 08:04

Now that SG is gone, the question: will client/s be happy and ready to sign a contract again. :-)

[old thumper] 05/3/2015 05:19

PJ1, Whilst you worry over "just 3 customers" lets not forget in the Interims MH said "added some new clients" so where does your 54% stand now?

[pj 1] 04/3/2015 22:04

Hi ramas, YES I agree, there is always the chance of a quick turnaround and the cash is certainly a nice buffer.......

I still say the lack of any foresight by the BoD at the AGM was perplexing at least..... i accept we have to agree to disagree.

Remember well though that just 3 customers make up 54% of turnover here. So it's a 1 in 2 chance the cancelled contract was from one of them. Risk / Reward?

[ramas] 04/3/2015 21:55

PJ1 for the record I value your thoughts here of which some I agree, the BOD have the luxury of not having to play the game which is a frustration. I don't necessarily agree they knew the bad news at that time , it's very possible the deal was in pursuit, and we know this is a lumpy earnings game especially for a co of AEOs size , the plus is of course it could change just as quickly . What we have is a bad year even so 2.5p eps likely and a pe of 12 including the free cash or 6 without.

[pj 1] 04/3/2015 21:38

edit, other attendees and BB posters at the AGM asked questions about the rising debtors, so it was not just me who had concerns.

[pj 1] 04/3/2015 21:36

Mark1000 4 Mar'15 - 03:04 - 3007 of 3013 0 0

I spent my own hard earned cash attending the AGM and have every right to post as I wish. I have no intention of being long or short in the near future. There is nothing to say anywhere that you have to hold a share to post on the BB. Maybe if you had an open mind you may learn something? I cast my doubts about thsi BoD immeditely after the AGM, in fact , within minutes. It is pretty obvious the BoD were perfectly aware of the failing performance during the AGM, yet refused to discuss. The cahirman even called such targets as quote...''that rubbish''. Other posters off the thread were present also

Were you present at the AGM?

Debtor and creditor days were calculated using the normal formula, If you believe they were wrong please give examples.

[clocktower] 04/3/2015 15:09

Good to see a bit of two way trading today, so we may be seeing it start to settle before a move back up towards 38 - 40p which is about where I expect it to stay until we get news.

[old thumper] 04/3/2015 14:54

The interest in AEO is positive for such a small company, all we need is a big player to spot us. 122k t/o so far today nearly 4% of the free shares.

News gets round.

[susiebe] 04/3/2015 09:07

This share seems to attract little bouts of sudden interest.

[mark1000] 04/3/2015 03:25

Clocktower The wording was circa 4.2M sales and circa profit 250K so he has wriggle room - note he did not say that it will not be any less than 4.2M and 250K but I agree with your sentiments he will very much want the shock to be on the upside and these figures will be as good as guaranteed on the business in the order book rather than the pipeline of potential business lets hope no more nasty cancellations indeed some last minute book and ships pre 30/06 would be great.

[mark1000] 04/3/2015 03:04

PJ - Please do not take this the wrong way I have a real dislike of those that post saying that they have no position - lets be honest you might not own any shares or hold any shorts but you would if the price was right you are not posting for the benefit of holders and potential investors you have your own agenda ( we all do ) what ever that is.

How did you calculate the debtor days - did you adjust for VAT? - are you comparing 30/06/2013 with 30/06/2014 if you are Cannes was held in May 2014 and could go some way to explain your difference. The problem is sales are lumpy and the DSO based on 365 days or 181/184 is an unreliable indicator. If you compare the DSO for 31/12/2014 compared to DSO for 30/06/2014 by some measures you could say its getting better 62 days against 94 days (based on previous 365 days revenue + vat @20%) but I am not claiming it means very much certainly I would not try and sway investors on this basis as we just do not have sufficient information to do so. If you look at the A/R BALANCE 31/12/14 against 30/06/14 it is 536K lower I would be far more worried if the AR balance was climbing relentlessly period after period on flat or falling sales.

[clocktower] 03/3/2015 10:58

Good point PJ1 but I guess that is why the last RNS stated the lower than forecast profit for H2 that caused the slump but as one poster stated I expect it was a low estimate as they would not want to miss it, in fact it is a fair bet at this late stage that it will come in above that figure, by how much is another matter.

Well worth being aware of though I grant you.

H1
"Pre-tax profits of GBP101, 316 on a turnover of GBP1,658,315
-- Stronger second half anticipated with new client wins and repeat work "


Full year forecast; T/O £4.2m = around £2.54m in H2 plus profit forecast of around £150k for H2 Total year £250k

So I expect these figures will cover any mishaps that occurred while SG was around. But its your call when you buy or sell.
Good luck.

[pj 1] 03/3/2015 10:43

Debtor days 2013 = 55

2014 = 114

HY =103 (on reduced T/O)

Just be aware is all Im saying

[clocktower] 03/3/2015 09:19

I think you have summed it up very well ramas but another day or two and we should see where it is going. The company could use some of the cash pile to buy stock at sub 40p and hold as treasury I guess which would enhance the directors own holdings and other holders.