Attraqt Share Discussion Threads

[webpax] 25/9/2015 16:44

Could be, I struggled to get a quote for another 5000 shares online but a dummy sell of 20000 got an immediate price.

[cyberbub] 25/9/2015 16:13

Would be great if the seller of the last few months is finally out?

[webpax] 25/9/2015 15:06

Agreed cyberbub looks like the market is finally waking up to the potential here.

[cyberbub] 25/9/2015 10:55

Interesting trading the last few days.. something is definitely building IMO...

[cyberbub] 19/9/2015 11:39

Yes I suppose that there are both technical limits and organisational capacity limits. But by all accounts the management are top notch and hopefully will be able to manage organisational growth. On the technical front they seem to be improving things, they mentioned installing some technology earlier this year which greatly increased platform capacity. Perhaps they will need to raise a bit more cash to expand their platform capacity, that could be by equity, or if they are now profitable they could raise most of it through debt. In any case let's hope they get on with it! As I said before, I have no problem with them doing a small placing say 500k - 1M, if that will accelerate growth.

[webpax] 19/9/2015 11:11

I appreciate these are only targets cyberbub but gaining 15% of the 2000 would take 5 years at the figures quoted. I'm just wondering if the limitation is due to the small size of the company (i.e. not enough staff to do the work) or the limits of their platform or some other reason?

[cyberbub] 19/9/2015 10:51

Webpax, 'targeting' doesn't mean they expect to get thousands of clients... The top 2000 retailers is their market... If they got to 2000 clients the share price would be on the moon... A nice steady stream of decent clients is what we need...

[webpax] 19/9/2015 10:07

Just bought in here, this looks like an interesting little company and as cyberbub says it seems to be still under the radar.

The only concern I have is what constraints are there that might stop them growing quickly. The CEO said in a Proactive investors interview that they are targeting the top 2,000 retailers in the UK and the top 10,000 retailers in the US. However in the same interview he said with their current plan they are looking at taking on 4 or 5 clients a month.

Obviously at that level of take up it's going to take an awful long time to make an impact on those targeted numbers. I wonder what prevents them taking on more clients each month?

[battlebus2] 18/9/2015 22:51

Not complaining if we get there sooner just better to err on the longer time scale.

[cyberbub] 18/9/2015 22:49

Battlebus with respect I was hoping for £1+ by Xmas, now we (seemingly) have confirmation that we are moving into profitability.. I think the company is maybe still a bit under the radar at the moment...

[battlebus2] 18/9/2015 19:35

Once we confirm that we can make profits and continue to win new contracts we should be trading a lot higher. Give it a year and £1 is possible imv.

[cyberbub] 18/9/2015 18:45

What I want to know is why ATQT is only worth £12M, when a broadly similar company with similar revenues but still loss-making (whereas we are now in profit), is worth 4 X our market cap? The company I refer to is EYE....Answers on a postcard.

[cyberbub] 18/9/2015 09:18

Volume ticking up here... I have the feeling we might see a mini-breakout soon...NAI

[cyberbub] 10/9/2015 14:30

"2nd half", in other words now! As we had hoped...Looks like the company may have squeaked through on their cash balances without the need for a further fundraising... would be amazing if true!GLA NAI

[eric76] 10/9/2015 12:27

ProActive interview with the CEO from yesterday.
Gives a fair case for the co. imo with breakeven expected 2nd half.

[battlebus2] 09/9/2015 22:49

Great interview with Andre.

[battlebus2] 09/9/2015 08:44

Can't understand why you would sell at this point in the co's progress, it's a shame cause it's knocking the price on what should be a blue day....

[battlebus2] 09/9/2015 07:51

Seems to be inline with everything they've said so i'm happy with progress, market should react positively imv.

[cyberbub] 09/9/2015 07:18

So... no profit for H1... but reduced loss... and a considerable number of new contracts, which will be feeding into the current H2 cash flow now... Their cash-at-hand was down to less than £200k at the end of June, but I suspect that the company is cashflow-positive today, which is why there has not been any placing announced today with the results... They have been slightly sweating their cashflow also, looking at the trade receivables/payable. ..Always nice to see a company with such simple accounts!Any comments?

[battlebus2] 08/9/2015 08:08

Yep, he did say the first two weeks in September so i'd pencilled in the 8th at a rough guess.

[cyberbub] 08/9/2015 07:35

No results yet. I think probably more likely tomorrow at 7am, if Andre is doing a public presentation later tomorrow.

[cyberbub] 07/9/2015 10:27

Let's see... There hasn't been any significant selling in the run-up which might imply bad news... of course it may just be that they run a very tight ship...The fact that they haven't needed to raise any money this year surely means that they must be at, or very close to, being cashflow-positive?Having said that, if they need to raise half a million quid say, along with encouraging results, then I will not be too bothered...GLA NAI

[battlebus2] 07/9/2015 08:49

The 8th I've pencilled in.

[cyberbub] 07/9/2015 08:45

Interim results this week?

[cyberbub] 25/8/2015 07:40

The finance director is only retiring, not resigning , so no particular problem... The new guy seems well qualified and fairly young!