Checkit Share Discussion Threads

[wad collector] 03/4/2023 12:57

Hmm, this seems to have returned to a steady fall again.

[wad collector] 26/2/2023 09:48

Simon Thompson has posted it as a BUY in IC , positive about the US expansion and that revenue and cash is ahead of expectations.

[wad collector] 20/2/2023 20:14

A race between a cash burn and an increasing income. Guess it is all still rather in the balance whether this becomes a niche company or a failed one.

[hatfullofsky] 16/2/2023 07:52

Nice update ARR increasing 30% annually.

Cash at £15.6m, giving a cash runway of 24 months at the current burn rate

[wad collector] 10/2/2023 08:35

Ah yes I see ; it is quite a detailed and positive article.

[kadvfn1] 10/2/2023 08:16

ST got it in as one of his bargain share for 2023

[wad collector] 10/2/2023 08:09

Up 6p on opening, this might be interesting, no RNS. Much more volume than usual too.

[johndoe23] 10/2/2023 06:31

As usual, nothing you think might be on list, uninspiring. Only rise because ST has tipped them.

[hatfullofsky] 09/2/2023 22:28

LDGARIXGATCNSCICKTTMTCMLCTL

[johndoe23] 09/2/2023 22:05

What are the other selections please?

[hatfullofsky] 09/2/2023 21:51

Included in the IC Bargain shares portfolio 2023

[wad collector] 23/1/2023 10:59

NED buy of 250k has upped the share price this am .

[boonkoh] 05/1/2023 11:39

Seems like a very laborious growth company. Three new clients, $1m total over three years. That's just $110k per client per year. If they're having to do lots of BD and go through rigorous procurement, etc... Does the gross margins cover the cost?Even a client with 300 sites... Which sounds like quite big... Only generates £500k/yr in revenues.No wonder they're struggling to be profitable.

[hatfullofsky] 05/1/2023 09:46

Survival is not a problem, cash balance is solid. We just need some big contracts. Those announced today show progress but are not "blow the doors off" in value

[wad collector] 05/1/2023 09:30

Somebody has been buying this morning at 24/25p. Checkit has rather changed its product direction over the last year or so , maybe that gamble will pay off. The newish CEO does not have a scientific background , more of a leadership one. Maybe that is a good thing , providing he listens to his scientists....

[wad collector] 03/1/2023 23:04

Well if it keeps up this rate of rise, it will be worth a pound by the end of the year.
Maybe they will survive after all...

[hatfullofsky] 12/12/2022 16:39

Nice bounce today, needs to keep this momentum

[wad collector] 09/12/2022 17:12

Hard to imagine that anything good is brewing. More like decomposing.

[hatfullofsky] 09/12/2022 16:31

Big volume today, if those reported sells (2.3m and 1m) are sells then the share price has held up very well.

Something is brewing.

[hatfullofsky] 08/12/2022 23:10

They're trading below cash, so I am comfortable. Free float is low so any seller will bring it down. No news until Feb 23 so could drift further, but I'm still buying (when funds allow)

[wad collector] 08/12/2022 17:04

It is a relentless fall, and no news. One director buy for £10K doesn't make a dent in the fall. If it carries on at this rate it is worth nothing by March.

[my retirement fund] 04/11/2022 12:42

Is it nor possible for the company to wind itself up and return what's left in the bank to long suffering shareholders? At least then they may have a chance of getting something back. I know its hard to bite the bullet as many will be deeply underwater. However put the phscology aside for a change! Even if its a huge loss on their initial purchase, something is better than nothing!