Arcontech Share Discussion Threads

[swizz] 06/3/2014 07:08

Interims out and confirms very steady progress, IMHO full year should see us finally move in to profit......GL S

Richard Last, Chairman of Arcontech Group, said:

"Arcontech has continued to make steady progress towards profitability, which we expect to continue in the second half of the year. The Group has an increasing pipeline of opportunities with both existing and potential new customers, which gives us confidence that the business remains on track to continue to deliver improvements in operational performance."

Link....

[oilbuy] 05/3/2014 15:39

Hello S_S Yep great trip. Terrible to be back lol

[share_shark] 05/3/2014 13:40

. Hi oilbuy ! Well and rested ?. I do HOPE the tan has faded !.:-) Looking good here now. :-)

[oilbuy] 05/3/2014 13:16

A little more volume and we're up. All we need here is a new tech announced and this will fly. One year up trend is a clear bullish signal apart from directors taking out Hendersons holding. Strong bull issued on Ichimoku trader

[v16ter] 05/3/2014 13:13

harebridge, sorry that may have been me that pushed it up a little got some at 20!!!!! been watching for a while.
GLA

[harebridge] 05/3/2014 12:44

Full ask 0.22p just paid! Good to see volumes picking up again today after a quiet start ahead of Half Yearly report/ Interims which are due by end of next week.

[harebridge] 05/3/2014 12:25

Trying to top up, but can't even get a quote for 1000 shares! Someone sneaked in a couple of decent buys before I could. Looks like a tick up on the cards. Looks like I'll have to pay a little more :(

[skier100] 04/3/2014 23:13

Harebridge calls it good. ARC is seeing a rising share price, rising trading volumes, rising forum posters, rising revenues, rising near-profitability, rising contracts, rising cash reserves, rising financial markets, and rising ARC director buys. Almost every single indicator you can think of is pointing in an upward direction. The icing on the cake will be a nice juicy RNS in the next two weeks.

[harebridge] 04/3/2014 21:07

Janeann & this from the Half Yearly report in Feb 2013"New customer contracts obtained during the six month period to 31 December 2012, together with contract wins in January 2013 result in our contracted annual recurring revenues amounting to GBP1.9 million covering 82% of the cost base."So clearly Arcontech don't feel the need to announce every contract win. Off the radar, which explains the nice steady graph.History shows that they have been winning contracts!

[janeann] 04/3/2014 21:04

Many thanks. was the director buying that drew my attention to this and aquired a small holding in dec. Been watchning closely and now trying to decide whether to add. Chart also looks good imo.

[harebridge] 04/3/2014 20:56

Janeann- from the August Finals: "New contracts totaling GBP961,428 over three years were signed during the year with a number of international investment banks. Our sales prospects are becoming increasingly focused on contracts with customers serving multiple jurisdictions"This company quietly goes about it's business without releasing rns's just for the sake of it. It didn't release any rns's for the above contracts.Also from the Final results in August "I am confident that I will be able to report even more positively on the results of our efforts in my next Review."Matthew JeffsNow I could be sadly mistaken, but having researched the company & current board, I'm pretty confident that the interims will be worth waiting for. As I said earlier, will be closely looking at new & recurring revenues. Analysts predict a slight loss. Will be looking at the cash balance too. I don't normally look at companies with such a tiny market cap (£3 million) but saw an opportunity to get in early. We all take our chances in this casino some people call AIM.

[janeann] 04/3/2014 20:25

oilbuy - if that was to answer my question, it only hints at prospects whereas harebridge appeare far more positive of new contracts. No RNSs and nothing in investor info if there are smaller contacts won.

ta

[oilbuy] 04/3/2014 19:55

19th Aug 2013OutlookArcontech has an excellent customer base which includes a number of tier 1 banks. We believe these associations provide a sound platform for additional sales. In addition we have a number of exciting new prospects, although they are likely to take time to convert into sales. We are confident of making steady progress in the coming year.Richard Last

[janeann] 04/3/2014 19:30

harebridge - post 775; you mention winning contracts. Where have you found that from?

thanks in advance

[harebridge] 04/3/2014 10:14

So the market WILL be expecting some kind of loss. What it will also be looking for will be INCREASING revenues & new contracts. Those large director buys should give a clue as to where the company is going.Hopefully there will be some kind of share price consolidation to make it more appealing to investors.

[harebridge] 04/3/2014 10:05

The broker Northland UK are actually forecasting a small loss for year ending 2013This from August NORTHLAND UK VIEW: Arcontech has continued to demonstrate progress despite challenging financial markets and this reflects the value proposition of its products that enables clients to dispense with larger and more expensive systems but also functional advantages in the management and distribution of real-time data. Sales cycles continue to be long as Arcontech deals with multinational banks and we expect another small loss in FY14 before a move to break even in FY15. The business remains well capitalised with £0.9m in net cash (equivalent to 0.06p). This cash also underpins the valuation and Arcontech trades on an undemanding 0.7x FY14 EV/Sales. We maintain our BUY rating and increase our price target to 0.18p (an FY14 EV/Sales of 1.0x – still undemanding for the sector).

[share_shark] 04/3/2014 08:48

I agree. :-)

[harebridge] 04/3/2014 08:38

Some nice buying so far today. Surprised this is so far under the radar! A £3 million market cap company that's winning contracts, increasing revenues, is on the verge of profit & with nearly £1 million in cash. The directors have been filling their boots too. Fundamentally, the graph looks awesome!Have researched the company & directors here- all looks good!

[janeann] 03/3/2014 14:52

Tend to agree skier; and looking quite strong on a poor day generally.

[skier100] 28/2/2014 18:03

Average daily trading volumes for ARC have risen up to 9-fold in the past month. And the share price has risen +5% in that period. Bigger volume + higher share price = rerating underway.

[skier100] 27/2/2014 17:06

Another day of big trading volumes in ARC today. Eight of the past 9 days have seen *above-average* trading volumes for ARC. This is getting on investors' radar screens.

[skier100] 26/2/2014 19:54

ARC has confirmed the halfyear results are due any time between now and mid-March. Waiting another week or two is no biggie. The fundamentals and director buys here look so strong.

[harebridge] 26/2/2014 12:41

From the Final results in August "I am confident that I will be able to report even more positively on the results of our efforts in my next Review."Matthew JeffsChief ExecutiveLooking forward to mid March & beyond.Will not look to trade this, just build up a sizeable holding. Will add more if results warrant it. Just this & CBUY in my AIM portfolio.

[harebridge] 26/2/2014 11:22

Just bought another 2,378519 shares, bringing me to about 5 million of these. Tried to get a few more, but they wouldn't let me : (

I like the story here, management team look spot on!

[share_shark] 26/2/2014 09:39

TKS once again harebridge. :-)