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AMO Amino Technologies Plc

165.50
0.00 (0.00%)
18 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Amino Technologies Plc LSE:AMO London Ordinary Share GB00B013SN63 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 165.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
163.00 168.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 165.50 GBX

Amino Technologies (AMO) Latest News

Amino Technologies News

Date Time Source Headline
12/9/202307:00RNSNONAferian PLC 24i and Amino to power video services for Thurcom
23/8/202307:00RNSNONAferian PLC 24i and Amagi power new Virgin Media FAST channels

Amino Technologies (AMO) Discussions and Chat

Amino Technologies Forums and Chat

Date Time Title Posts
22/6/202112:03Amino Technologies plc238
04/1/202115:25AMINO TECHNOLOGIES2,081
04/7/201913:21Amino Tech (AMO) One to Watch on Monday 8
06/8/201511:13*** Amino ***6
06/8/201510:54Amino Technologies - Pay TV software1

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Amino Technologies (AMO) Most Recent Trades

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Amino Technologies (AMO) Top Chat Posts

Top Posts
Posted at 21/6/2021 07:38 by masurenguy
Change of Name to Aferian plc

In February of this year, the Group launched an ambitious new strategy to become a software-driven growth business. This new strategy capitalises on the increasing consumer expectation that we should all be able to connect to the TV and video we love on any device, at any time, wherever we may be. The Group's award-winning Next Generation technology platforms make this modern TV experience possible, by providing Pay TV operators, broadcasters and media owners with smart, cost-effective ways to deliver it.

By 2025, this strategy aims to triple Group revenues and increase the percentage of Group software revenues that are recurring to 70%. Early success has already been achieved, including delivering year-on-year double-digit growth in Annual Recurring Revenue in the first half of the current financial year. As momentum continues to build, it is the Board's view that a new name would better reflect the true scale, breadth and potential of the Group's operations and market positioning. As a result, Amino Technologies plc will be renamed "Aferian plc". The Group's two go-to-market brands, 24i and Amino Communications, will continue to operate under their respective names. Concurrent with the change of name, the Group's website has changed to www.aferian.com. The Group's TIDM code will change from "AMO" to "AFRN" from 8.00 a.m on Tuesday 22 June 2021.
Posted at 20/6/2021 16:38 by tole
https://masterinvestor.co.uk/latest/small-cap-round-up-featuring-amino-tech-anexo-avingtrans-and-more/Amino Technologies (LON:AMO) – getting tuned-in globallyThis global media tech company, which delivers modern TV and video experiences, is due to be announcing its first-half results on Tuesday 3 August. That is when we should get various upgrades to current year and prospective years' 2022/2023 figures.In the meantime, the company is beginning to pump out details, albeit scant, of new deals that it is tying up across the world.They follow the recently issued first-half results which showed some strong trading.The shares, now trading at around 169p, are just a few pennies short of their recent peak but have the look of a charge up to the 200p level in due course.(Profile 09.12.20 @ 121p set a Target Price of 155p*)
Posted at 27/5/2021 07:27 by tole
https://bdadvanced.ipreo.com/OpenFileLink.aspx?ID1=b660515c-5c9c-44a8-90b8-5d2f14c5b5a5&ID2=692475091Amino Technologies PLC (AMO) MARKET CAP.£116.6m SHARE PRICE140pStrengthening the position in softwareAmino has announced the acquisition of Danish streaming and Pay TV platform specialist Nordija A/S for a total consideration of €5.3m. A strong fit with Amino's existing software business in our view – particularly with 24i, the deal brings additional scale, expertise and a blue-chip client base to the Amino platform. We increase forecasts following the announcement, with FY 22E revenue and adjusted EPS increased by 6% and 2% respectively.
Posted at 13/5/2021 07:56 by masurenguy
Amino has raised £9.4m @140p to provide the funding for the MobiTV bid should this ultimately prove to be successful. Currently they are the reserve bidder to TiVo in the auction. If not, they propose to use the funds for other, as yet unidentified, acquisition opportunities. The shareprice should initially fall at the open to be closer to the 140p placing price.

Placing

In order to provide Amino with additional funds to aid execution of its acquisitive growth strategy, the Company also announces a placing of new ordinary shares in the Company to institutional and other investors (the "Placing"). Amino is pleased to confirm that it has received commitments from investors to raise gross proceeds of £9.4 million by way of the issue of 6,714,286 new ordinary shares in the capital of Amino pursuant to the Placing at an issue price of 140p per Placing Share subject to customary conditions including, inter alia, admission of the Placing Shares to trading on AIM.

The Board intends to deploy the net proceeds of the Placing, together with its existing debt facilities, to fund future acquisition opportunities in order to help meet its stated strategic ambition to triple Group revenues and drive recurring revenue as a percentage of Group software revenues to 70% by 2025. The Board believes that having access to readily available capital to deploy on acquisitions will enhance the Company's position in negotiating and executing such acquisitions. The Company also continues to regularly review its financing facilities to ensure an effective and appropriate capital structure and will continue to do so as the business evolves both organically and inorganically.

Current Trading and Outlook

The Group's trading since the announcement of its 2020 Results on 9 February 2021 has continued in line with management's expectations and there has been no material change in the Company's financial performance, position or outlook since that date.
Posted at 10/5/2021 13:52 by 1pencil
A lot of emphasis on Amino management being able to turn this around, presumably dividend will go out of the window.

I also have concerns on how the options are pegged to share price, does this have any affect on managements strategic thought process?
Posted at 10/5/2021 12:30 by red ninja
Yes, I think the market is spooked by MobiTV losses and debts and presumably the degree of dilution from the placing.

Hopefully AMO have done their analysis well enough so that the downside risks are eclipsed by upside possibilities.

Of course AMO may not secure MobiTV from the auction anyway.
Posted at 10/5/2021 12:21 by sharw
Red Ninja - the fall in share price is mainly a sign of just how illiquid AMO can be at times. Until 15 minutes ago there have been just 6 trades - all sells - with a total value of £26,546. As a result the mid price has come down by 3.5p meaning that the MCap has come down by about £2.7m !!!!

Of course, the institutions who have agreed to the placing will not be able to deal at the moment. Some PIs, including myself, may be nervous about not getting in on a discounted placing and thus cheated of pre-emption rights.

The loss of $34m mentioned by simon gordon sounds horrendous but the AMO board have had several weeks to do their calculations of what can be achieved if they take on this company and we just have to trust that they will not overpay.
Posted at 10/5/2021 11:05 by red ninja
Agreed, it seems to make sense and presumably it is good value given MobiTV is currently in a Chapter 11 bankruptcy. However, share price falling, market unnerved by uncertainty ?
Posted at 10/2/2021 19:56 by 1pencil
Looking at the finncap note, they have an up to date shareholder list from RDIR.

Miton appear to have reduced a small amount while others have increased, could account for cap on share price which looks more institutional than retail.

I'll pop a list up over the weekend for comparison.
Posted at 08/2/2021 17:59 by sev22
Paying attention to the technical analysis AMO closed tonight as a 'Strong Buy'

If the full year results are well received tomorrow followed up by Wednesday's Investor Presentation the share price should move towards 150.00p plus over the next few days.
Amino Technologies share price data is direct from the London Stock Exchange

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