Big Sofa Technologies Share Discussion Threads

[hazl] 28/7/2017 16:25

looking better

[pet lover] 28/7/2017 16:14

News Monday.?

[pet lover] 28/7/2017 16:11

Hang on tight.

[bumpa33] 28/7/2017 15:16

Pet lover, all the mm's are bidding in size, including Stieffel who are the lone man on the offer.

[pet lover] 28/7/2017 15:10

MM have been marking up,(with no trades showing.)

That points to :

1/ Delayed buys

2/ News due

3/ Weekend press.

4/ Any other reason.

[bumpa33] 28/7/2017 15:02

I've been told categorically that SHOULD the company need cash that it is not an issue and will NOT come from the market.

I'm expecting further deals soon and possibly other contracts to take over the knowledge management side of things with clients already onboard.

Seller has also cleared here, though they may reload higher up, it's a possibility.

[pet lover] 28/7/2017 13:05

Larva.

1/ They have not run out of cash.

2/ If they win a very large new contract they may need working capital.

3/ Is that you buying on average lumps 4 lumps an hour since open this morning.??

[larva] 28/7/2017 08:12

YOU WOULD KNOW TARA, LETS SEE THE RESULTS AND NO CASH LEFT

CASH CALL IS COMING AND YOU KNOW IT MATE

[larva] 28/7/2017 08:04

WOULDNT WANT TO BHOLDING THIS WHEN RESULTS COME OUT AND THERE IS NO CASH LEFT

[hazl] 27/7/2017 20:38

WELL DONE Petlover good posts

[hazl] 27/7/2017 20:37

break-even likely to be November apparently.......

IMO

[hazl] 27/7/2017 14:06

BST expected to be at break even later in the year from what I understood.


IMO

[hazl] 27/7/2017 13:59

oh feel sorry for you lava if that's the case you'll have to get a job perhaps?.

[larva] 27/7/2017 11:24

How much cash is left? Cant me much now

[clocktower] 27/7/2017 10:03

Loads of wishful thinking going on here and having followed this for a while I am sorry to be the damp squib but I think it has a lot further to fall yet.

Profits in this sector are hard to come by - turnover is vanity, profit is sanity.

[pet lover] 27/7/2017 09:15

TOMS site profit forecasts, after the AGM statement.

But in 2019 the sales number goes to AT LEAST £15 million and profits to, at least £5 million. Even on a full tax charge that is earnings of £4 million ( and year end net cash of £8 million). Such a growth play would surely merit a PE of 15 + cash? That implies a market cap of £68 million which is c120p per share.


I believe these are far to low.

£15M of turnover may well be achieved from EACH of the agreements that have been signed to date.

It's dependent on adoption rates.

It's unknown today but will soon be the industry standard.

Break even is due as soon as November this year, just 4 months away.

The company then starts throwing off cash.

[hamidahamida] 27/7/2017 07:58

Morning all

[kaka47] 26/7/2017 16:35

Nice finish

[chinese investor] 26/7/2017 15:07

Looking Dodgy !
It'll Be Some Time Before I Invest Here Again !

[2bozmo] 26/7/2017 11:44

Thanks for the colour from the AGM chaps

[pet lover] 26/7/2017 11:30

Ken :

Look at this on a 3 year view, not a 3 day view.

[kenbachelor] 26/7/2017 11:09

Pet Lover - A couple of posts from you and the buyers are back. I don't think you realise just how important you are to the trading in this company's shares.

Thank you.

[pet lover] 26/7/2017 11:04

Potential cash pot left after placing in December 2016

Spend £400,000 times 6 months ( first half ) June 30 2017.

Assuming no revenue in the first half £100,000 cash left.

Assuming £500,000 revenue in the first half £600,000 left.

Assuming £1M revenue in the first half £1.1M left.