Big Sofa Technologies Share Discussion Threads

[tidy 2] 13/6/2017 17:24

TW and clan trying to offload stock here. Beware.

[hamidahamida] 13/6/2017 16:11

IMO Year ended 31/12/16 revenue should come in around £2millionCurrent year revenue should be around £4 million

[hamidahamida] 13/6/2017 15:45

TW has been talking to the management so he knows more then you do

[scotty1] 13/6/2017 15:14

bandflex yawn,it would seem that every TW tip is a pump and dump if you listen to posters like yourself.

[scotty1] 13/6/2017 15:10

kaka exactly only 56m shares 42% not in public hands plus others in tighty held hands leaving very limited free float,so when this goes it will fly ;)

[kaka47] 13/6/2017 14:09

Smart investor As you know not much free floatCan you imagine what that would to share price when the herd piles in

[smart_investor] 13/6/2017 13:50

Quote from the RNS
'By capturing natural human behaviour in the home (including through the use of live streaming) and utilising Big Sofa's sophisticated video analysis technology, the Client is able to interpret and analyse real behaviour to a depth not previously possible in the consumer insight industry'

The big players, the billion pound&dollar turnover companies are literally queuing up at Big Sofas door for this 'sophisticated' technology.

They are now involving the big sofa platform on live video streaming. Live video streaming, it is the first I have heard of this being used within Big Sofa. That is a breakthrough, as Big sofa will be able to analyse this data and make sense of it much faster than any of the traditional methods. You can imagine the market research teams within their respective companies loving this. Once one team has it, they all want it.

[kaka47] 13/6/2017 13:42

Obviously it's P&G

[kaka47] 13/6/2017 13:41

Tom has quoted some serious numbersEach of these big contracts will generate close £1.5 million per year Awesome

[smart_investor] 13/6/2017 13:38

Tom also comments the new partner will leak. Good because we should know.

Some people I read are saying its P&G.

Wiki says 'Procter & Gamble Co. also known as P&G, is an American consumer goods corporation headquartered in downtown Cincinnati, Ohio, United States of America, founded in 1837 by William Procter and James Gamble. It primarily specializes in a wide range of cleaning agents, personal care and hygienics products'

The RNS says 'The Client, which owns some of the world's best known brands within the major consumer categories of healthcare, household and beauty products'

So likely it is pointing to them. The biggest give away of course being P&G are listed as a client on the Big Sofa website. Wonderful to see they have set up a formal arrangement.

Who is next? Three down, nine more agreements to go.

[kaka47] 13/6/2017 13:31

Opodio Seriously change the Record

[smart_investor] 13/6/2017 13:30

scotty1

Top man for posting that article. Tom is confident!

It is interesting he is pinning £1.5m onto each 'agreement' won and he is saying we have won two agreements so far. Has he forgotten that this is in fact the third deal/agreement signed?

So potential revenue stream from those three contracts alone is in fact up to £4.5m per annum?

[slartybartfaster] 13/6/2017 13:08

how much did TW cost you, opodio?

[scotty1] 13/6/2017 12:28

Burp,why waste your time posting then,suppose your'e just one of those who like to try and help all us lost souls who have no idea about investing/trading,a bit sad really,go get out a little it'll do you the world of good.

[opodio] 13/6/2017 12:08

fixed overhead of just under £5 million per annum


BURP


WOULDNT TOUCH THIS WITH URS MATE

[scotty1] 13/6/2017 11:37

hxxp://www.shareprophets.com/views/29684/big-sofa-major-us-deal-ipsos-named-new-forecasts-buy-at-up-to-25p-50p-target-is-conservative-120p-plausible

Big Sofa – major US deal, Ipsos named, new forecasts – buy at up to 25p – 50p target is CONSERVATIVE! ( 120p plausible)

By HotStockRockets | Tuesday 13 June 2017


Big Sofa (BST), the provider of video analytics technology and services has announced that it t has been approved as a ‘Global Systems Partner’ to provide video research and technology services to one of the world’s largest consumer goods corporations, headquartered in the USA. Annoyingly we are not told who this is but it will leak. You may remember the big win with a market research firm?

That was announced a few months ago with the firm not named. We outed it as Ipsos and buried at the bottom of today's RNS is confirmation of that. We will try to “out” the US giant as soon as we can. But the fact that Ipsos is outed show stows these are real deals.

What does this actually mean? We were taken inside yesterday and had a major number crunching exercise. Historically Big Sofa has generated revenues from numerous small contracts worth £5,000, £10,000 or £15,000. that is great but it does not offer visibility. The strategy now is to secure major deals like Ipsos and today's deal which may take a few months to ramp up but will in due course generate revenues of £1 to £1.5 million each per annum. We now have two such deals.

We gather others are close to being concluded so that by the late Autumn there should be, at least 4 bedded down and onstream which means that a fixed overhead of just under £5 million per annum will be covered and the company will be profitable. Given that it raised £6. 1million last December cash will on that basis not be an issue. Yes the company will lose money in calendar 2017 but should end the year with at least £2.5 million in the kitty.

The joy here is operational gearing. Adding on a fifth or sixth contract would add very little to the cost base and indeed the internal plan is to build up to 12 such contracts by the end of calendar 2019.. So lets assume that each contract does grow to £1.25 million ( we are being cautious).. On that basis with – say 6 on stream for the whole of 2018 sales that year would be at least £7.5 million. Assuming some additional cost plus general inflation plus cost increases overall, that would imply a pre-tax ( and post tax given 2017 losses) profit of £1.5 million and year end cash of £4 million.

But in 2019 on, say 10 contracts, the sales number goes to £12.5 million ( and that could well be closer to £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.

Okay we are not going to get there tomorrow. There is a time discount and a risk of non delivery but so far so good on that score and we are assured there is more to come over the summer. At some stage brokers will start to cover this stock and offer official forecasts and at some stage that will attract institutional buying. We are not there yet but at a £20 million market cap that would start to happen and we will get there sooner than you think.

At 23p the market cap is now £14 million. Before the city wakes up BUY greedily at up to 25p – our initial target to sell is 50p but that may well be far too cautious.

[pet lover] 13/6/2017 10:57

Do the sums.

3 massive partnerships / agreements in the bag.

Around 2,000 sales reps selling the solution

One sale a month each is 2,000 sales a month.

One sale a week is a lot more.

[smart_investor] 13/6/2017 10:50

Nice video for those who have not seen it.

[kaka47] 13/6/2017 09:28

The Client had commissioned a number of projects through an approved agency, but the level of demand for Big Sofa's services across the Client's global business reached a level which meant the Client wanted to commission multiple projects directly with Big Sofa. The partnership is already contributing material income to the Comp

[kaka47] 13/6/2017 08:45

Ooy torpido Keep imagining things

[opodio] 13/6/2017 08:39

CPT said this today



"Board has re-appraised its sales forecast for 2017, and now believes turnover for year ending 2017 will be below market expectations."



BST will be next imho

[smart_investor] 13/6/2017 08:27

£20,000 @ 25p - they are loading up

[hamidahamida] 13/6/2017 08:21

All buys this morning