Artilium Share Discussion Threads

[stinkstruik] 28/10/2013 21:24

Could you give me link to that forecast you found ?

[stinkstruik] 28/10/2013 21:23

That should be possible. Not taking into account a new contract, which can of course add substantially to the forcast.

They just launched a cloud version of their software.
This should be ahead of the competition. i expect at least 1 more contract with a big telco in the next few months.

[glennborthwick] 28/10/2013 18:04

In last years results they hinted at heading into eastern europe. WOuld quite like an update on where they are at with that.

[glennborthwick] 28/10/2013 17:05

Found a forecast for current year. Think these are probably from the housebroker. Forecasts for this year;

30-Jun-14 turnover 11.50 net profit 0.61 earnings per share 0.32p.

If they did make £600k net would be great. With 2.5 million in the bank, and 600k a year net profit Id have thought we could hit 15p fairly easily.

[stinkstruik] 28/10/2013 13:01

I bought in already quite a while ago and I am just sitting on them, but I think your timing is almost perfect

[glennborthwick] 28/10/2013 12:55

whats interesting is the cash and cash equivalent balances. AT the interims 546,000, end of the year, 2.4 million.

ALso trade receivables up from 2.5 million to 2.9 million. Quite a strong underlying performance.

[stinkstruik] 28/10/2013 12:50

I believe 2.5mil in cash

[glennborthwick] 28/10/2013 12:40

just looked again, its 5.2 so organically it went from 3.4 to 6 million. Quite a chunk of it ended up as cash in the bank.

[glennborthwick] 28/10/2013 12:36

so if turnover went from 3.4 to 11.2, realistically organic turnover when you take off the 2.5mill , means underlying it went from 3.4 to 8.5 which is impressive in itself.

[stinkstruik] 28/10/2013 12:31

United Telecom brought in 2.5mil turnover and 300k profit this year.

[talltalk] 28/10/2013 12:00

Glenn Yes - Thank you got it

tt

[glennborthwick] 28/10/2013 11:55

ok I really like companies once cash flow starts which is pretty much now looking at results. I need to get my head around how much of that was due to the United telecom purchase, how much was a lumpy one off and how much is organic.

[stinkstruik] 28/10/2013 11:51

Thats quite a while back under the old management.
So don't think that is still on the table.

[glennborthwick] 28/10/2013 11:45

you might have to just copy and past the bit starting with www above.

[glennborthwick] 28/10/2013 11:44

a while back they had something going on with an indian telecom company.

talltalk, this link works

hxxp://www.equitydevelopment.co.uk/doc/937.pdf

[talltalk] 28/10/2013 11:39

I cannot find the Equity Development item on their website even though I am logged in. Perhaps they no longer cover ARTA.

[stinkstruik] 28/10/2013 11:23

Yes I am in Holland.

Dont understand your comment about India

[glennborthwick] 28/10/2013 11:15

Plus whatever happened to India. Loos to have disappeared off the radar. For this to really fly they could do with an install in another region.

[glennborthwick] 28/10/2013 11:13

Are you in Holland/Belgium?

[stinkstruik] 28/10/2013 11:12

Good to hear, more or less teh same strategy

[glennborthwick] 28/10/2013 09:51

yes typically 3-5 years. I tend to buy regularly each month over a period of a year or so to build up a decent stake.

[stinkstruik] 28/10/2013 09:48

and your are investing for longer term ?

[glennborthwick] 28/10/2013 09:47

I tend to look for companies at or near breakeven with little debt. I noticed their last set of results which fitted the criteria really.

[stinkstruik] 28/10/2013 09:45

Glenn how did you come accross Artilium ? and what did you decide to invest ?