Amino Technologies Share Discussion Threads

[chrisdgb] 05/2/2010 16:23

standby for results Monday...

[mbaxter] 05/2/2010 09:28

It will be interesting, one way or the other. Trading update paints a pretty good picture going forward. In the current market though, any whiff of a retraction of the ...2009 was bad but better times are here now and here is the proof... guidance will be punished. Based on their outlook statement, they look a very good play and I have bet that they will deliver. New to the company so not sure how trustworthy their management guidance is - I will have my tin hat and brown trousers on for monday.

[chrisdgb] 05/2/2010 09:04

well someone thinks we are going to get some action on Monday....a bid would be nice..

[chrisdgb] 02/2/2010 14:21

seems to be plenty going on in this stock at the moment, some more big blocks last night...

[chrisdgb] 01/2/2010 10:18

we know that 2010 will see decnt demand and order backlog....let us hope the component issue has been sorted...if so a move to the mid 30's looks on the cards..

[chrisdgb] 01/2/2010 08:42

results a week today

[chrisdgb] 29/1/2010 14:38

Let us hope we rise into the results..

[dickbush] 28/1/2010 17:12

250,000 shares sold today in a very poor overall market, and the shares hold up. Pretty impressive.

[chrisdgb] 22/1/2010 16:07

Results early February should show an improved trend..

[chrisdgb] 20/1/2010 15:43

Report today saying Amino has been raised to a BUY by Peel Hunt with target price 34p....

Bit mean but it is a start, hopefully get some press.

[dylanl] 20/1/2010 10:54

Same here, topped up last week.

[chrisdgb] 20/1/2010 10:31

I am convinced something is brewing behind the scenes here...

[chrisdgb] 13/1/2010 16:49

certainly seems to be lots of volume chugging through these days...would be nice to have some positive contract newsflow...

[chrisdgb] 11/1/2010 11:34

nice top up by major shareholder just announced and results 8th Feb....

followed in March/April by a takeover at 40p if my hunch is right..

[chrisdgb] 07/1/2010 16:22

lots more volume today, overhang nearly cleared, will bounce from this bottom, here is what Growth company investor said:

Internet television (IPTV) provider Amino endured a disappointing first half, but its shares could represent a good buy for recovery as the second half has started strongly.

The Cambridge-based management team, led by CEO Andrew Burke and CFO Stuart Darling, are now upbeat and extremely confident that recent new business wins are a strong indication that spending is returning to the recently depressed sector. The first half was blighted by a 'challenging' performance in the Americas, with customer de-stocking causing a 12% drop in revenues to £12.8m and higher costs dissolving previous profits into a £3.6m pre-tax loss.

The industry had been concerned that the consumer might give up pay-TV during the credit crunch but Amino's customers, 'Tier 2' and 'Tier 3' telecoms operators, happily found people were still choosing paid-for services. 'The recent barren period is freeing up,' says Burke. 'In the second half we've had good wins in North and Latin America and we've signed licenses in Asia Pacific.'

Having reduced the sales department headcount and stripped out other costs, Burke and Darling have taken annual costs down to £13m a year, from a peak of £19m post last year's acquisitions of Tilgin and AssetHouse, and hence expect good things for the rest of the year. 'We expect volumes to go up significantly and, with margins holding up, we expect a substantial improvement in profitability,' explains Darling.

The consensus forecast in the City is for breakeven this year, with the 5.75p of earnings predicted for 2010 putting Amino's shares on a materially lower rating than its immediate peers. Net assets of £27m, including net cash of £8.9m, are only just higher than the company's current market value, adding incentive for value hunters, although the appeal of the shares is still speculative at the moment.

[chrisdgb] 05/1/2010 14:47

some nice size trades being done by Peel Hunt...

[darrin1471] 11/12/2009 18:07

BT crossed 5%

[dickbush] 11/12/2009 14:42

No argument from me.

[chrisdgb] 11/12/2009 08:41

Interesting volume last night...I certainly think the major shareholders will be pushing for a takeover here...

[dickbush] 08/12/2009 12:56

Apparently, AMO has an exciting new box. Unfortunately, it won't hit the market until December 2010.

[dickbush] 08/12/2009 12:03

AMO largely hardware. ANT software.

AMO has been in and out of positive EBITDA but currently having its worst year since going public after its best year in 2008. Has run down its protective net cash of circa £18mil 18 months ago to £9mil today buying related companies. A big question mark over top management. Market share has dropped dramatically as the big boys like Cisco, Motorola and Microsoft based systems have dominated wins in the first tier telecom sector. A bad time to "drop the ball".

ANT, I believe, has grown organically, and looks like it will have doubled revenue in the last 5 years. Its EBITDA has never been positive but its worst year was 2007 and it has been on an improving trend since. Despite competition from much bigger companies it appears to be signing up major names. Your guess is as good as mine, probably better, as to when it goes EBITDA positive, and if net cash of circa £5mil currently is sufficient to get it to the point where it is cash flow positive.

[varies] 07/12/2009 12:17

Would anyone like to offer a comparison between AMO and ANTP ?
There are these similarities :
Each seems to be in the business of enabling viewers to combine TV with the Internet
Each is still developing its products and has a long record of losses.
In spite of eating through its cash year by year, each still has a fair amount of cash left representing a high proportion of its Market Cap.
Each is based in Cambridge.
Perhaps they ought to join up and save some rent !

I have held ANTP for a couple of years. I am up on my most recent purchase but well down overall.
I am now minded to buy some AMO.
Today I shall take data on both companies on a long train journey and hope to produce a sensible comparison but I would be grateful for any comments from posters here.

[chrisdgb] 07/12/2009 08:07

so the poor H2 we know about and the outlook statement is far more positive than I was expecting...

With £9m net cash/lower cost base....2010 could be a good year for Amo....

hope they don't get a cheeky takeover offer....