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ATQT Attraqt Group Plc

30.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Attraqt Group Plc LSE:ATQT London Ordinary Share GB00BMJJFZ18 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 30.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Attraqt Share Discussion Threads

Showing 26 to 50 of 350 messages
Chat Pages: Latest  2  1
DateSubjectAuthorDiscuss
20/8/2015
10:48
CEO Andre Brown will be presenting to investors at the Chesterfield Mayfair Hotel on Wednesday 9th September from 6pm. To register to attend, please click here:
aim_trader
16/8/2015
14:21
My guess is that they are generating a profit, all good.
grahamwales
15/8/2015
19:09
They may have run up their overdraft further, or increased their borrowing in some other way which doesn't need a specific RNS (like a director loan would). Or they may indeed be just about cashflow-positive and have managed to squeak through. I agree the cash levels look low though. Anyway, I have absolutely no problem with them raising the odd £500-750K at these levels... but I have the feeling that the management will want to try to avoid it if they possibly can... a director loan is my favourite... we'll see...NAI
cyberbub
15/8/2015
12:08
OK, so I see they took out an overdraft in Jan for £50k, but thats a tiny buffer
adamb1978
15/8/2015
12:01
Just started to look at this. Can anyone help me out with an explanation of how they've got through H1 without raising equity?

£307k cash in bank at teh end of 2014 and despite the growth there's no way they were profitable in H1, and cant see how they were cashflow positive either. If they'd taken out a loan from one of the directors then they'd have had to announce it as a related party deal, and they wouldnt be able to get bank financing. I would have thought that they need something like another £750k - £1m to get to break-even....

Look like a potentially interesting co, though am tempted to wait til the interims to pull the trigger given that would be an obvious time to raise more cash

adamb1978
14/8/2015
13:59
Aha, as I predicted, a block sell... I predict another 20k-odd shares will be sold shortly, to take out the buys of the last few days...No advice intended...
cyberbub
14/8/2015
13:38
Hopefully battlebus. IF we are moving into profitability on strong revenue growth, AND the big seller gets cleared out, I don't see why we couldn't head towards 100p here...Just my view. NAI
cyberbub
12/8/2015
21:59
Only going higher imv, next months results should help..
battlebus2
12/8/2015
21:37
More small buys... no doubt there will be a chunkier sell reported one day soon... same pattern...someone is selling out... when they have finished... ?
cyberbub
05/8/2015
13:58
Proactive speaks to CEO Andre Brown . . .
ftseproactive
05/8/2015
07:26
The company is announcing a new contract or partnership every few weeks, very encouraging!
cyberbub
05/8/2015
06:07
TECHNOLOGY PARTNERSHIP SIGNED WITH YUDU MEDIA

ATTRAQT and YUDU Media to develop new joint service offering

ATTRAQT Group plc (AIM: ATQT), a leading provider of eCommerce visual merchandising, site search and recommendation technology, is pleased to announce that it has signed a memorandum of understanding ('MOU') with mobile digital catalogue app developer YUDU Media ('YUDU'), to develop 'Live Catalog', a joint service offering using ATTRAQT's visual merchandising platform and YUDU's digital catalogue technology.

ATTRAQT's Freestyle Merchandising ('FSM') platform enables retailers to manage how products are merchandised on their eCommerce sites, and under the terms of the MOU, YUDU's existing clients will be able to add ATTRAQT's FSM technology to their mobile apps. YUDU's technology allows companies to convert product catalogues and retail websites into a mobile digital catalogue app and similarly, ATTRAQT's existing customers will be able to integrate the FSM technology used on their eCommerce sites into a new YUDU-developed mobile catalogue app.

This is ATTRAQT's first technology partnership, allowing the Group to extend the use of its FSM technology into new market segments. Live Catalog will enable retailers to add real-time visual merchandising techniques, such as personalised promotions and special offers, and other rapidly-changing content to their digital catalogues.

ATTRAQT and YUDU have already completed the proof of concept, which demonstrates the advantages of being able to merchandise within a mobile app. Both parties expect to start marketing the offering to their respective clients shortly. A white paper on the new service offering is available from www.attraqt.com/digital catalogs.html


André Brown, CEO of ATTRAQT Group plc, commented:

"We are delighted to be working with YUDU - our first technology partnership where we are creating Live Catalog, a new service offering for our customers. Combining ATTRAQT's Freestyle Merchandising platform and YUDU's digital catalogue technology will allow our customers to seamlessly incorporate the same visual merchandising that they use on their eCommerce sites into a mobile app. YUDU currently have over 220 retail clients who will now have the option to use ATTRAQT's technology to enhance their merchandising. We believe the partnership could be a very valuable opportunity for our business and have been delighted by the internal feedback we've had from the proof of concept."

Richard Stephenson, CEO of YUDU commented:

"We are pleased to be working with ATTRAQT to develop this joint service offering for our customers. The ATTRAQT technology means that YUDU's apps can now bring retailer catalogues to life with current, personalised offers and content tailored to the user. We have been able to produce great results for our clients, improving sales conversion and enhancing the user experience and look forward to working with the ATTRAQT team going forward."

battlebus2
28/7/2015
15:46
The Stig

I suppose we have to let the figures speak for themselves, lets see what happens in Sept results shall we.

grahamwales
27/7/2015
14:08
Interesting, another largeish block sell gone through... taking out the buys of the last week or two...Someone is definitely selling out a substantial chunk... doesn't worry me if it is done in an orderly manner... which it is, so far... and when they have finished selling, the way will be cleared to move up - especially if accompanied by more good news on progress...NAI
cyberbub
27/7/2015
07:29
wow how incredibly naive and gullible you mug punters are

if Dan was doing so well with POWA why would he bother with ATQT

That article above is clearly a puff piece no doubt placed by his PR

Companies House filings show

Net Worth of MINUS Twenty milllion hxxp://companycheck.co.uk/company/06376989

Various floating charges

the stigologist
27/7/2015
06:47
Hi Cyber

So you got some after all lol. Like you the fact that they seem to have a product that large fashion retailers like. Online shopping is growing so retailers obviousley want to catch as many people when they first look at the site. If a site doesn't appeal to a customer say within the first 5 minutes they will probably move to another site.

You maybe correct that someone is selling if they are they are getting 59p whilst they only offer us plebs 57p corruption at its worst.

Dan Wagner. Everything he touches seems to turn to gold. Lets hope this one is the same, think you may be underestimating the turnover slightly though you could probably treble that figure.

hxxp://www.managementtoday.co.uk/news/1298533/dan-wagners-powa-technologies-worth-16-billion-pounds/

grahamwales
17/7/2015
23:21
The reason I have suggested a possible 4-5 bag from here is simple.

The company is growing fast, so should be rated at a P/E of 20 if all goes well. So at say £50M market cap (=250p SP) that would need say profits of just £2.5M. Plus tax say £3M, and then their admin costs
of £2M makes £5M. At an 80pc profit margin that would mean a turnover of say £6M.

I would think that in due course, say a couple of years, a turnover of £6M is not unrealistic?

NAI DYOR

cyberbub
16/7/2015
20:43
Anyone got any links to Dan Wagner's previous exploits, by any chance?
cyberbub
14/7/2015
12:03
Thanks I will follow up with TD Waterhouse.Seems to me that one of the original investors may be slowly selling some/all of their holding... often a good time to get into an illiquid stock without paying excessively...
cyberbub
14/7/2015
07:33
Barclays don't seem to agree.
b1ggles
13/7/2015
15:08
Both the trades this morning were mine. Interestingly I am trying to buy a few more in my ISA but it says tgey aren't eligible for an ISA. Has anyone else had the same issue, or know why? Thx.
cyberbub
13/7/2015
07:34
Well I have decided to take the plunge here. If they don't need more cash then it seems like fair value at the current SP, and if they continue the rapid expansion then it should be a good ride here in the next 12 months before they get taken out. I could see a 4-5 bagger with a bit of luck.Even if they do need a few hundred grand to tide them over, I imagine one of the well-heeled directors could offer them a low-interest loan for 12 months, as they will want to avoid dilution.Good luck all. No advice intended.
cyberbub
12/7/2015
11:38
Thanks battlebus - will do.
puzzler2
12/7/2015
11:08
On the 15th of June the CEO told proactive investors they wouldn't need anymore funding and were on target for break even in Q1. Check out the video on directors talk or YouTube.
battlebus2
12/7/2015
09:37
I like the look of this company - they seem to be doing all the right things. They have a good product with significant recurring revenue as a percentage of sales, that is scale-able and they are winning new contracts. The question for me (already referred to by cyberbub) is can they scale up activity sufficiently quickly to become cash generative before their buffer of cash runs out? - or will they come back to the market for more via a placing? Cash is king!

Also, I've noticed that the free float is only 10%, with the other 90% held by the directors and Dan Wagner's mates. Thus, on the sniff of any good news, the share price is likely to spike. On the basis of Dan Wagner's previous, this company has been floated with a view to expansion and sale. I'm torn between leaving this on my watch list, or bravely buying an initial stake. mm......

puzzler2
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