Billing Services Share Discussion Threads

[trentendboy] 14/9/2016 17:36

Looks to be all over. Grab anything you can

[gark] 12/9/2016 21:28

I am totally fed up with this company. Seems like the world is most definitely against them, every time they seem to be recovering another bomb lands! Not sure where this ends up now but clearly the news is not good.

[topvest] 12/9/2016 21:08

This looks a disastrous situation to me. The company is no on my bargepole list! Am I glad to have sold out previously at break-even a while back. Cheap rubbish is still....rubbish!

[gark] 12/9/2016 15:32

If they work out an arrangement where they are not relying on LEC for payment could prove to be ok. Won't go bust and if they dissolve company there will be money to distribute.

[this_is_me] 12/9/2016 13:35

The debt has been paid off so as long as there is some profit it will not go bust.

[trentendboy] 12/9/2016 09:47

Looks very bad. Company still dependent on LEC, marginal impact, no profits, this could death spiral quickly.After all that debt repayment as well.Can't see things going well. Will watch carefully but this is really not good

[gark] 30/8/2016 12:00

Dead here, you would think they could now clarify their previous RNS.

[gark] 13/8/2016 22:36

I did as the CEO owns a ton of equity but I am losing confidence at the moment.

[topvest] 11/8/2016 22:05

It all comes down to trust. Do you trust management or not?

[gark] 11/8/2016 18:34

Lost in excess of 20% in 2 days with a really unhelpful RNS that doesn't include much in the way of detail or how it might impact the business when the FCC issued a consent decree in the public domain that explains more. Surely the company has to at least refer to what has been publicly released?

[gark] 10/8/2016 22:11

They have invested a lot in the wifi business and I suspect this year will be make or break for that. I do get the sense that they do their best to disguise what is going on but given they have cash on the balance sheet more or less covering the market cap I still think this comes good but it is a very frustrating ride!

[topvest] 10/8/2016 21:13

No different to any of their recent communications. You can never actually work out whats going on. I'm a Chartered Accountant with 25 years experience and I can't really follow their accounts.

[gark] 10/8/2016 13:24

Pretty useless communication in my opinion. We won't here anymore. They'll just leave it hanging.

[the ghost who walks] 10/8/2016 13:22

Surprised no update

[gark] 09/8/2016 23:04

Read the FCC consent decree and this is the text:(a) Cease and Desist Third-Party Billing. Except as provided in paragraph 16(a)(i) and (ii), AT&T shall cease and desist all Billing for Third-Party Products according to the following schedule: As of the Effective Date, AT&T will not program any new Third Parties into its Billing systems (i.e., not program new carrier identification codes or other identifiers associated with a Third Party into its Billing systems). Within fifteen (15) calendar days after the Effective Date, AT&T shall cease accepting the submission of Third-Party Charges from entities for whom AT&T did not Bill as of the Effective Date and initiate the process of terminating its Billing relationships with Third Parties. AT&T thereafter shall continue to make reasonably diligent efforts to terminate those relationships and prevent the appearance of a Third-Party Charge on any Bill. To that end, AT&T shall make good faith efforts to cease all Billing for Third-Party Products within one hundred twenty (120) calendar days of the Effective Date, and it will monitor its Billing systems for any miscellaneous missed Third-Party Charges such that on or before one hundred eighty (180) calendar days after the Effective Date, AT&T shall cease and desist all Billing for Third-Party Products.i. AT&T may continue Billing its customers for: (1) the retail intra-LATA Toll and inter-LATA Toll services of the Designated Third-Parties and their Third- Party subsidiaries; and/or (2) the Designated Third-Party Services.ii. AT&T may Bill for Third-Party Products purchased through an AT&T ordering platform or an ordering platform of an entity majority-owned by AT&T Inc. directly or indirectly, if, prior to Billing for any such Third-Party Product, it first obtains the Express Informed Consent from the Person on whose Bill the Third- Party Charge will be included or otherwise invoiced (Billed Party). AT&T must also send the Billed Party a Clear and Conspicuous purchase confirmation separate from the Billed Party's Bill. AT&T shall send the purchase confirmation prior to delivering the Bill to the Billed Party. Express Informed Consent must be on a per Product basis (i.e., no blanket Express Informed Consent to be Billed generally for products or services not reasonably identified at the time of the Express Informed Consent or in the purchase confirmation).Looks like long distance is not impacted and reverse charge calls are mostly through a pre paid card now so not sure this actually impacts BILL too much given enhanced services ended in 2012. Also may open up possibility of ATT buying us as they have the ability to bill for third party services provided by AT&T directly or where they are a majority holder.Full report here: http://transition.fcc.gov/Daily_Releases/Daily_Business/2016/db0808/DA-16-771A1.pdfNot sure why the RNS could not have been a bit more informative with AT&T named and a link to the FCC announcement.

[gark] 09/8/2016 20:28

I am not sure I am convinced but let's hope they can convince us!

[topvest] 09/8/2016 19:59

If you say so. I'm not convinced!

[gark] 09/8/2016 18:48

So far it has been loss making but that was investment in a start up and they have been winning more business so hopefully that is now turning into a profitable enterprise.

[topvest] 09/8/2016 18:41

There is no evidence that the WIFi business is profitable. The U.K. Business is loss making.

[gark] 09/8/2016 18:24

Not positive for sure. We need good news on wifi and a dividend. They have a decent amount of cash so need some indication of future revenue stream and a distribution.

[topvest] 09/8/2016 16:44

Interesting. As with all BILL RNS statements, it's totally impenetrable. Impact - who knows, but looks negative.

[gark] 09/8/2016 16:18

Think it refers to this. AT&T are a large customer but I thought we had already stopped billing for third party services?

[gark] 02/8/2016 13:27

Can sell at 5.55p today and can't buy in size. Poised for upwards trend.

[gark] 25/7/2016 18:50

Nice late trade at full ask. Looks like someone is still acquiring and they are finding it more difficult to find stock. Very interested to see results in September.

[m1keg] 22/7/2016 08:43

Great spot gark. Thanks for sharing.