Aferian Share Discussion Threads

[talais] 05/11/2024 08:43

My buy showing as a sell,

[value viper] 05/11/2024 08:28

Agreed - this might be a multi bagger punt but probably not for Aunty Judy

[z1co] 05/11/2024 08:16

Solid trading in H2 , shares are well over sold and could easily RISE 100% and more.

Full trading update in early December.

[jonesy100] 01/8/2024 08:31

Results not great. Debt coming down too slowly and Amino still in critical state. Positives do not seem hugely positive. That said, market cap does look too low given the value on 24i. Wonder whether somebody will come along and take it over.

[tomboyb] 07/6/2024 13:55

RNS today -

First Seagull AS takes almost 8% -

[tomboyb] 07/6/2024 11:18

Nt at 5.5p -

Massive spread though -

[tomboyb] 07/6/2024 11:06

25k at a large premium -

[jonesy100] 31/5/2024 08:45

Surprising lack of comment on this around the place. Is the core problem that they are wrong on set top boxes and it is not delays but a permanent change in the market. Otherwise, should be some turn around potential with new management

[danmart2] 20/12/2023 07:15

It’s not necessarily the market, it’s the company.

I can’t figure out what is Aferian’s unique selling point?
Neither can the market.

I expect this wall fall into single figure share price in the new year.

What must concern shareholders is the lack of a plan.

[sbs] 07/12/2023 09:28

Yes, the market is tough at the moment...

The question is "when will it turn?".

[masurenguy] 06/12/2023 15:29

Year end trading statement issued yesterday: "The Group expects to report revenue of c$47-48m and a positive adjusted EBITDA of c$1.6-2.6m." On that basis sales are down by circa 57%, and EBITDA is down by circa 63%, compared to last year. The extent of this disasterous performance can be determined by the fact that annual sales have fallen back to the level that they were 8 years ago in 2015 while EBITDA is at the lowest level in 12 years since 2012 when it was was $5.5m compared to this years projection of $1.6m - $2.6m. They are also down 95% from their IPO price of 220p in 2005. Despite this the CEO remains in place and Kestrel, the largest shareholder with 26.4%, must be sitting on some very significant losses here.

So relieved that I liquidated my entire holding here @140p in April last year.

[bigbigdave] 31/8/2023 06:07

Load of rubbish

[masurenguy] 23/8/2023 06:57

24i and Amagi power new Virgin Media FAST channels

Aferian, the B2B video streaming solutions company, in collaboration with its technology partner Amagi, today announces that UK telecoms, media, and internet company, Virgin Media, has used its 24i integrated solution to launch and monetise a new line-up of themed Free Ad-supported Streaming TV (FAST) channels on Virgin TV. 24i worked in partnership with Amagi, the global leader in cloud-based SaaS technology for broadcast and connected TV, on the project. An initial selection of 14 channels have been rolled-out to Virgin Media's V6, TV 360 and Stream set-top boxes (STBs), allowing customers to instantly access an extended range of attractive content, monetised through advertising.

Harnessing the Appstage application framework within the 24i Mod Studio streaming platform - which is pre-integrated with Amagi's playout solutions - the project introduced the FAST channels into Virgin Media's Electronic Programming Guide (EPG) without making any changes to existing STB configurations. The app was configured to perfectly align with Virgin Media's UX, facilitating a seamless integration of channels into Virgin Media's EPG, providing an enhanced user experience for their customers on V6, TV 360 and Stream STBs running the RDK and Opera operating systems.

[masurenguy] 11/8/2023 13:53

"The Group expects to report its interim results for the 6 months ended 31 May 2023 in August 2023." Trading Statement: 28 June.

No position.

[shovon1000] 26/7/2023 14:50

Last two days over 50% up. Nice move

[masurenguy] 25/7/2023 15:41

Market cap, post placing at todays market close mid-price, is £15m.

[purple11] 25/7/2023 15:35

one of them was mine

[tomboyb] 25/7/2023 15:27

Indeed -

14p paid -

[buoycat] 25/7/2023 10:11

Well they can only move the price up if people are willing to trade. The successful placing is seen as a vote of confidence by the market. Let's face it, you'd be more likely to buy today than last week

[tomboyb] 25/7/2023 08:19

Placing -

MMs want a move up by the looks of it -

[masurenguy] 28/6/2023 14:23

The current shareprice of 12.25p plus net debt of £10.3m gives a current EV of £20.9m. I don't consider that to be undervalued.

[shovon1000] 28/6/2023 10:12

But that does not justify its market cap of £10m. Providing the revenue fall and others , don't you think it is in oversold territory?

[masurenguy] 28/6/2023 06:43

"The Group has continued to make encouraging progress in improving the quality of earnings and enhancing revenue visibility.......Group revenue for the period is expected to be c.$23.1m (H1 2022: $44.5m)......Group's inventory balance at 31 May 2023 was $8.6m (31 May 2022: $4.0m). Net debt at 31 May 2023 was $13.0m (31 May 2022: $7.8m net cash). The Group remains in compliance with its loan facilities covenants."

LOL - absurd management speak talking about "encouraging progress" in the "quality" of earnings and the "visibility" of revenue without any reference to sales falling off a cliff (down by 52%), inventory up by 115% and the company's financial position ravaged by falling by almost $21m, from a net cash position of $7.8m to a net debt position of $13.0m. How does the CEO remain in place here!

The largest shareholder Kestrel must be sitting on a big loss here with a 26% position. So glad that I exited my position here at 140p in April 22 (#56).

[arthur_lame_stocks] 28/6/2023 06:18

It appears revenues in the Amino business have dropped off a cliff. Is that really just destocking or a more permanent change?

[shovon1000] 13/6/2023 16:53

I expect this to go over 30p. Don't see any solid reason to go down like this.