Cordel Share Discussion Threads

[clocktower] 24/3/2023 14:20

No wonder they wanted to change the name from Maestrano and when you think they first raised £6 million then £2 million at 13p - here we are two years later and the share price is almost half that raise level.

srp must be one of the few that can still sell at a profit, having bought some under 2p - done well i have to agree but sadly what goes up comes down. Still over £10 million market valuation - but what is the real value, as it is still loss making but the prospect are good with the US order I guess. However, I think they made need cash to support expansion before we see the share price rise to 13p again impo,

DYOR

"03.03.2021

Placing:

"Maestrano Group plc

("Maestrano" or the "Company")

Proposed Placing to raise approximately GBP2.0 million

Maestrano Group plc (AIM: MNO), the Artificial Intelligence platform for transport corridor analytics, announces a proposed placing (the "Placing"), via an accelerated bookbuild ("Bookbuild"), of new ordinary shares of 1p each in the Company ("Ordinary Shares") in the capital of the Company. The Placing will be conducted at a price of 13 pence per share (the "Issue Price") in order to raise, in aggregate, approximately GBP2.0 million (before expenses)."

[srpactive] 24/3/2023 11:27

Enough gloating, you are a quite a piece of work aren't you.

You have always been a critic here, you said the board needed to
give values of contracts, they have started doing that and now
you are spouting more. Which hedge fund do you work for?

[clocktower] 24/3/2023 11:11

Unless they get taken over, I cannot see any upside until such time as we see numbers and cash situation impo.

[smackeraim] 23/3/2023 09:10

Nice update. Think things will get moving here over summer months. GLA

[srpactive] 23/3/2023 08:55

A little nibbling starting, lets hope we get the
fund managers involved.

dyor

[srpactive] 23/3/2023 08:10

All

Now that it appears we are ending the strikes I feel our technology will
be rolled out very quickly with many UK operators.

dyor

[srpactive] 23/3/2023 08:00

ct

Yes another happy customer, now moving onto gauging etc, all good.

Yes we have started giving contract values, hopefully another
big one here in time.

dyor

[clocktower] 23/3/2023 07:13

More good news and it’s good to be provided with more detail than in the past but no full contract yet, and we have no idea how much investment is required to instal such equipment in each train, or the revenue that can be generated from these installations.

[srpactive] 20/3/2023 13:51

Radio Two: Simon Calder just stated nwr have voted 3 to 1 to
end the strikes.

dyor

[srpactive] 16/3/2023 13:01

They have stated they are at breakeven with 2023 putting them in a strong
cash position.

You continue just to find negative after negative.

dyor

[clocktower] 16/3/2023 12:38

Almost back to where we were, and not unexpectedly in the current market and unless they clearly state that they will not require extra funding to meet the obligations of any of these new contracts - it is likely to remain with this sort of valuation imo.

However the long term potential is massive, there is no-doubt about that either.

DYOR.

[srpactive] 16/3/2023 09:18

Well with millions traded and bought as CT has stated
to go to just 70000, shows to me we could have a fund manager
getting involved. If so a holding rns would be good.

dyor

[srpactive] 15/3/2023 19:37

We are at break even now, so with the contracts that will
have profit built in, we will be profitable very soon I
would have thought, nevermind if as M mentions we could
get more contracts coming in.
We operate in many countries so bigger contracts could
come at anytime.

dyor

[srpactive] 15/3/2023 19:22

The fall this morning was maybe more to the financial situation
with the banks and the markets in free fall.

Maybe very daft of me but no have not sold any today, if you wish
to disagree that is your choice.

As I have mentioned many times I use this as a pension.

dyor

[clocktower] 15/3/2023 19:08

srp, of course they will not fail, the software has proved itself but how long it takes before it becomes a profitable business is entirely another matter.

As we have seen today once again, there are good trading opportunities thrown up from time to time, and that is why it pays to retain stock in the company for long term growth but the facts are that the company was overvalued at £16 million plus at this time and one must be cautious, as to support the growth they are likely to need new funds to support such a large contract.

Good Trading srp or are you going to pretend you never trade them on spikes of 50%. Pull the other one.

[myn0k] 15/3/2023 17:12

A previous RNS stated they had somewhat of a backlog due to poorly executed sales processes (I paraphrase). Hopefully re engaging with their previous prospects is also going to start feeding their pipeline a bit more and we may start seeing more frequent, smaller wins too

[srpactive] 15/3/2023 16:25

I think they might be thinking a little longer term than
one day, the contract was massive with a value attached
that you have been mentioning all the time. Nevermind what
they do you want them to fail, that is very obvious.

[clocktower] 15/3/2023 16:19

That big buy of 950k at 10.5p does not look so good now, as the MM were able to fill it with easy today.

Maybe there will be more news very soon that will lift it once again but until then we might slide back I guess.

[suffolkjim] 15/3/2023 15:41

Not a great day to announce this news - everything is a sea of red. If we head back down to the opening price I'm having a load more

[smackeraim] 15/3/2023 12:21

Yeah, agree. I've held a small position from end of 22 (underwater until now lol) .. but had a feeling it would get some traction, AI is going to completely transform a load of markets.. this one being removing the need for manual observation. Massive save of money and time.