Attraqt Share Discussion Threads

[tomps2] 18/9/2019 06:20

Attraqt CEO Luke McKeever talks about the Group’s half year results for the period ending 30th June 2019. Https://www.piworld.co.uk/2019/09/18/attraqt-atqt-h1-results-september-2019/

[tomps2] 08/5/2019 14:21

ATQT acquire Early Birds with conditional placing to raise £17.1m at 27p. Early Birds adds AI capability and moves them closer to their strategic goals. Here, Luke McKeever, CEO, outlines the rationale: Https://www.piworld.co.uk/2019/05/08/attraqt-atqt-early-birds-acquisition/ Link to the RNS with full details: Https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/ATQT/14066800.html

[shiv1986] 14/2/2019 08:06

Has anyone seen the poll on ADVFN Twitter about ATQT? https://twitter.com/advfn/status/1095950151179517952

[dplewis1] 14/2/2019 07:14

Sold out of these a while ago but those figs don't look great. Looks like someone got wind of them yesterday with all those sells..

[dplewis1] 13/9/2018 13:32

Finally a bit of news! Glad they've started to announce individual contracts rather than informing retrospectively in earnings reports.

[dplewis1] 01/8/2018 17:02

Maybe Kestrel don't care about attrition, they just increased another .5%

[p1nkfish] 28/7/2018 12:37

Attrition does need addressing. Have a small stake at a good price and looking to ease further in if I get the vibe there are catalysts. Downtrend not broken. Market potential is large & hence big boys on-board and working to address issues. First sign it is on the right path & There is a good chance of substantial re-rate upwards imho.

[p1nkfish] 28/7/2018 11:13

I am of the opinion that Eric Dodd would have discovered any shenanigans and wouldn't be quiet about it. The RNS of Oct 2017 helps show that Also, If correct, the recent H1 results will have included the re-platforming expected for early H1 2018 with the associated attrition etc. Conspiracies theory - but wonder if that was to do with Dan Wagner's new vehicle and the reason for a purge so there could be no conflicts of interest going forward?

[p1nkfish] 28/7/2018 11:03

All interesting developments, next few RNS releases will give some further pointers.

[william_quinn] 28/7/2018 10:50

Absolutely agree. By the way Cansccord which I think includes Hargreaves, is now 10% and Lombard Odier 21.35%|.

[p1nkfish] 28/7/2018 10:50

Kestrel have been doing a job on Ubisense with CEO change etc and it has started to turn around. Kestrel, Aryemis & Azini can all be good active investors and all on this register.

[p1nkfish] 28/7/2018 10:46

Thanks WQ. I missed that one, hadn't got round to it yet. Andre Brown left with immediate effect and it looks very much like the VP of North American sales did about the same time and his new job looks a step back from Attraqt. It would be no surprise to find this is all a part of a strategy by Kestrel and Azini to get this motoring and none of it by accident.

[william_quinn] 28/7/2018 10:20

Thank you very much p1nkfish, very helpful. Here is your answer: Tuesday 24 April, 2018 ATTRAQT Group PLC Holding(s) in Company RNS Number : 9770L ATTRAQT Group PLC 24 April 2018 24 April 2018 ATTRAQT Group plc ("ATTRAQT", the "Group" or the "Company") Holdings in Company ATTRAQT Group plc (AIM: ATQT), a leading provider of online merchandising, onsite search and eCommerce personalisation, announces that Andre Brown, former Chief Executive Officer of the Group, no longer holds a notifiable interest in the Company. For further information, please contact: ATTRAQT Group plc via Alma PR Nick Habgood, Interim Executive Chairman Eric Dodd, CFO Gemma Williams (née Owen-Smith), Head of Marketing and Communications N+1 Singer Tel: [phone] Shaun Dobson, Lauren Kettle Alma PR Tel: [phone] Rebecca Sanders-Hewett, Susie Hudson About ATTRAQT ATTRAQT Group plc specialises in onsite search, online merchandising and eCommerce personalisation with two product offerings: Freestyle Merchandising and Fredhopper. The Group's customer base is made up of over 230 client logos ranging from SMEs to global, blue-chip businesses. ATTRAQT has a strong base in the UK and western Europe, with a presence in North America, eastern Europe and ANZ. For more information, please visit: www.attraqt.com. This information is provided by RNS The company news service from the London Stock Exchange END HOLPGUCGCUPRGCC

[p1nkfish] 28/7/2018 10:10

The new hires do look very useful and tried and tested by 2 major shareholders in the past - a good sign. They are not unknowns and stand a good chance of putting growth into this vehicle.

[p1nkfish] 28/7/2018 10:01

Nick Habgood is via Azini partners (still involved with Azini) and Azini are an investor in OB10. A CEO of OB10 was the new Atqt CEO. So there are new CEO & CFO both with strong links via previous employment with Azini and Kestrel. Old guard all swapped out and Bright Station out. I think that is a sign there are catalysts for real change in play. Kestrel 19.6% Lombard Odier 18.2% Azini 16.2% Hargreave Hale 8.3% Herald Investment Trust 7.6% Killik & Co LLP 5.6% Artemis Investment Management LLP 4.7% André Brown 3.1% What will Andre Brown do with his 3%, now Wagner and Bright Station are out?

[p1nkfish] 28/7/2018 09:33

VP North America has gone after 8 months. May 17 - Jan 18. My suspicion is that he was picked by old ATQT management and a new brush sweeps clean. A thorough house clean has been going on. Often that is no bad thing and likely to be under the behest of major shareholders. Hence Wagner, CEO and Wagner's VC arm all out of having influence with new CFO and CEO. Now would like to see sells mopped up by one of the existing 3%+ brigade and a holding RNS as soon as appropriate. We all make mistakes but the share register looks reasonable and they will have all done due diligence and many in at a higher price.

[p1nkfish] 27/7/2018 20:52

CFO, Eric Dowd, appears rock solid and Kestrel have experience of him. If anything, his involvement gives me confidence. He's a very good hire. If there's anything dodgy he will find it, would probably have done already, hence the Oct 2017 announcement that set the share price falling. No news since, is good news. He joined KBC April 2015, subsequently acquired. "KBC Advanced Technologies plc is pleased to announce that Mr Eric Dodd is to be appointed as Chief Financial Officer (CFO) of the KBC Group.  Eric will join KBC on 1 May 2015 and will take over from the Interim Chief Financial Officer, Andrew Hebb, who will assist with an orderly handover.  Eric will serve as a member of KBC's Executive Committee and will be appointed as a Director to the KBC Board in due course. Eric, aged 45, joins KBC from Stanmore Implants, a venture capital backed medical technology company.  Prior to Stanmore Eric served on the boards of two listed companies:  as Chief Financial Officer of Antisoma plc and as Group Finance Director of Morse plc.  Eric qualified as a Chartered Accountant with Deloitte, has an MBA from London Business School and a BEng from Loughborough University.  He is also a non-executive director at Cambridge Cognition, an AIM listed company."

[p1nkfish] 27/7/2018 16:03

Wagner, CEO change etc. Brighthouse off the register too. A long story. A house cleaning type of process some might call it.

[p1nkfish] 27/7/2018 12:46

Allocating direct costs to the appropriate cost centre is critical and basic. Good to see this addressed to add clarity for the future. A lot now depends on the ability of the management and new CEO to.drive this forward. They have the tools, No doubt some further rough edges to address, but a decent sized market to go for. Watch ROW and Europe sales numbers going forward. ROW looks ipe for growth at £410K. They have done exactly half revenue in ROW compared to all FY17. Too low. Expect surprise to the upside imho unless they don't bother getting out of bed in a morning. "ATTRAQT recognises that there is a sizeable, long-term opportunity for the Group to expand in both North America and Continental Europe and we remain committed to expanding our client base in both territories." Dyor and GLA.