Appscatter Share Discussion Threads

[hazl] 18/10/2019 19:15

London [phone]

FOR INFO APPARENTLY

[dealta] 13/9/2019 21:50

I don’t think there are any and I think they’ll continue to run out of cash.

[typo56] 13/9/2019 19:43

Any comments anyone on the results, loan facility and issue of equity? I'm struggling to find the positives.

[typo56] 16/8/2019 17:07

I've no holding in APPS and can't imagine why I'd wish to have. Too many red flags for me. I'd probably be short, if someone would take it.

[sogoesit] 16/8/2019 10:15

Good info. typo.

But difficult to debate with you when you make statements like:

"Investments are all risks."

Good luck with your APPS and other investments.

[typo56] 15/8/2019 14:04

When researching a company I'm interested in the Glassdoor reviews. Here's one for APPS.

"Fake business. always late paying salaries."

Former Employee - Anonymous Employee

I worked at appScatter full-time

Pros
They dont really give a damn.

Cons
Salaries always been late. No job security. No managment. No product.

Advice to Management
Maybe you better give more damn.

[typo56] 14/8/2019 22:03

Investments are all risks. You need to assess the risks and be prepared to do a bit of research into companies and the background of the people running them. That way they don't have to be a complete punt in the dark.

If you take the attitude that you can pick a bunch of AIM shares, without any proper due diligence, and somehow get lucky, then you're going to lose.

[sogoesit] 13/8/2019 06:20

Start-ups are not “investments”, typo.
They are a “punt” .... in the dark.
Like venture capital, maybe a 1 in 20 chance of success.
Have you been to a casino?
As you point out, this is quoted on the AIM market. Not the Main Market!

Does that help and why are you interested in it, if I may ask?
(Albeit your comments are interesting).
AIMV

[typo56] 07/8/2019 13:25

It looks a great destoyer of value.

At y/e 2018 retained earnings were (£27.6m) from (£17.2m) the previous year.

Current assets £1.5m vs current liabilities £2.3m. No wonder they raised more cash.

Not that they've managed to raise all they said they would - they're still waiting for £600k for the subscription funds. On 9 April they said they expected to receive the remaining commitments and the £2.2 million subscription funds "in the next few days"!

Why do people 'invest' in this stuff? I don't get it.

[hazl] 03/8/2019 07:44

Sorry sogoesit....didn't see your reply till later.
Had a good look at the two announcements early on.
Never had a firm quite like it before!
Odd sort of confidence about them. A mixed bag.
But as I say,the outlook was upbeat,which is very important, so I have absolutely no idea what price they will open at in September if and when they relist!

I think the going concern outlook, though, from an investors point of view
is of note though.8-(

[typo56] 02/8/2019 19:03

Indeed, awful results.

A catalogue of excuses for delays and revenues being significantly lower than expectations.

Auditors refusing to sign off on the valuation of Priori (quelle surprise!)

Suspension locking holders in.

AIM at its finest!

[sogoesit] 02/8/2019 09:31

Hi hazl, cannot see anything about whether, or when, the company intends to trade on the stock market again. Can you?
They've certainly been active!!

LSE Site says they're still suspended, pending a re-admission document.

Aha, here it is:
"The Airpush acquisition constitutes a reverse takeover under the AIM Rules and until a new Admission Document covering the combined Group is published, (which is now expected to be published in September), trading in the Company's shares will remain suspended."

[hazl] 02/8/2019 06:50

Well the outlook looks strong according to the financial report.

[hazl] 02/8/2019 06:31

appScatter Group plc (AIM: APPS), the app management and data intelligence platform, acknowledges that Airpush, Inc. ("Airpush"), a technology company specialising in app monetisation, has announced a partnership with Andromo B.V. ("Andromo"), the mobile app building platform for Android. appScatter announced its intention to acquire Airpush on 19 April 2019 (the "Acquisition").

'Andromo is a premium app building platform where users can create professional native Android apps without writing a single line of code. The platform is used by over 800,000 users, with over one million apps built to date. It is estimated that 3% of apps on the Google Play Store were built using the Andromo platform.

appScatter and Airpush intend to include the Andromo service as part of their single platform vision, subject to the completion of the Acquisition.

Philip Marcella, appScatter CEO, commented: "To be able to include such an exciting and popular service into our new single platform is extremely satisfying. Alongside app management, market intelligence, monetisation solution; app development is a critical area that we want to offer our customer base.

"Subject to the completion of the Acquisition, we can already look forward to providing a truly unique end to end service to the market."

perhaps al l is not lost.....sogoesit

[sogoesit] 08/7/2019 08:00

I’m beginning to like this “private equity” share price action ;-)))
Have a great summer, folks.

[hazl] 08/7/2019 06:50

AppScatter Group plc (AIM: APPS), the app management and data intelligence platform, is pleased to announce that it has signed a Joint Venture ("JV") Agreement with interarrows Inc., ("interarrows"), the Tokyo based on-demand internet consulting service, to help expand its Priori Data brand into the Asian market.

[hazl] 03/7/2019 08:24

It's not looking brilliant I must admit.

[hazl] 02/7/2019 09:22

RNS...still something happening I suppose.

[hazl] 06/6/2019 11:58

Boy.....you are still interested even when it's gone quiet!
Chuckle...We are only just into June.

[typo56] 28/5/2019 21:08

So have they received the £2.2 million subscription for new ordinary shares? It's all gone horribly quiet, given on 17 April they said, "Once all the funds have been received the Company will issue a further announcement applying for all the new Ordinary Shares to be admitted to AIM."

What can have happened?

[hazl] 09/5/2019 15:55

No we will know more in June.

[sogoesit] 08/5/2019 08:08

Hmmm... lost track a bit, hazl, while travelling.
Is there a new ticker for it?
(My stock price followers don't pick it up now).