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Crimson Tide Share Discussion Threads
Showing 476 to 500 of 500 messages
|Not that I am aware of. If this can break 3.4 and then 3.6 then game on. It may try and go for 4p again.|
|I did notice the buys yesterday and today,,,,,,maybe been mentioned somewhere ?|
|Looks like potential breakout. Could be worth the ride on the upcoming trend!|
|Could there be a small glimmer of hope with a potential small breakout forming? I think some super patience will be needed for this company to even double its share price from here.|
|I also disagree...see my previous posts here which provide WH Ireland estimates.
Again, I'm looking at the shareprice performance over months & years rather than a short-termist approach. If they start announcing this investment has translated into International contract wins then this will justify the approach taken and shareholders will reap the rewards.
|Shuffle, I agree with you but the key point is following years ahead that you make. So how do you take their statement of increased expenditure impacting bottom line performance for 2017? They have made this statement themselves in the results recently. Therefore the share price will not appreciate in line with growth potential for future years until the impact on the bottom line is determined for 2017.
That is my opinion but lets see what the share price does over the next 12 months.|
|I disagree as the money they are spending now will have a much greater impact on the following years results.
Seems they are starting to gain traction and need to invest to get this to the next level.|
the shuffle man
|From the Prelinimary Results December 2016 the following concerns me:
" The majority of the increased expenditure will be incurred in this current financial year and will therefore impact the bottom line performance of the group for 2017."
Therefore the 2017 results may show a loss or less profit than 2016 due to above which surely is going to have a major impact on the share price over the next 12 months.
Do others agree or disagree with this?|
Always interested to hear of differing investment strategies. I fully understand where you are coming from. I've moved over the years from being purely a long term buy hold (LTBH) investor where I often these days take a trading position in a company.
TIDE is a GARP share, and I agree with you, I also don't believe its suited to momentum style investing. I chuckled when I read about you adding further on the breakout at KWS, because that's the complete opposite of my style ; - )
Best of luck with KWS and rest of your trades/investments.
|I had thought that my first tranche of TIDE would be one I would tuck away and build upon.
However, my sense is that the following (referenced above) is the key phrase that will put a damper on things for the foreseeable future:
investment . . . in the short term is expected to lead to a broadly flat profitability outcome in FY17.
Accordingly, while there may be "good" reasons, the next results are likely to read disappointingly and not be an obvious catalyst for further upside.
I decided to step aside for now, with a view to keeping on my watch list. That may be the wrong call, but we shall see.
[A wish to free funds to add on the breakout at KWS was another factor in my decision!]
For those with more confidence and patience than me, I hope things continue to work out well.
Thanks, again, GHF for the original heads up here.|
|I'm struggling to understand why such a tiny company needs to go overseas to expand.|
V bullish outlook statement with today's results. WH Ireland have upgraded their target price by (+43%) from 3.5p to 5p as a result.
Essentially in 2017 the brokers are retaining 2016 PBT & EPS levels, following the ramp up in overheads resulting from accelerated investment, with staff levels almost doubling in the year. However, they now initiate 2018 & 2019 forecasts which highlight the effect of operational gearing, with expectations of £1m & £2.3m PBT respectively. 2019 EPS of 0.43p would result in the shares being priced at a perspective PER of 7.6 a couple of years out.
In summary WH Ireland say,
"This mornings results are in line (rev £1.86m, PBT £0.4m) and mark another record year for the business. Of greater significance, TIDE is shifting its expansion efforts up a gear with substantial investment in new global markets: this will see sales channels established in the Netherlands, Australia, the US and Middle East. Whilst investment (primarily in headcount which has nearly doubled y-o-y) in the short term is expected to lead to a broadly flat profitability outcome in FY17, the benefits should be felt from FY18 onwards where we forecast a substantial ramp up in the revenue line. Although this increases the longer term forecast risk (but note the multi-year nature of contracts underpins a large part of the FY17 number), the TIDE model is coming of age and this should be reflected in the business profitability and, ultimately, valuation. We retain a Buy recommendation and upgrade our T/P to 5p (was: 3.5p)."
As I noted previously on the thread, I like their considered & sensible expansion strategy. Don't think we'll have to wait too long to hear news on their International operations & "abundant" opportunities as mentioned in the Chairmans statement.
|Well the share price did not react at all to the results which means they were already priced in. It seems only positive contract RNS's which are significantly revenue enhancing are going to drive this further upwards.|
-- Profit Before Tax increased by over 100% for the year to £352k (2015: £168k)
-- Turnover up 33% to £1.86m (2015: £1.40m)
-- Contracted revenue and other KPIs again at record levels Operational Highlights
-- mpro5 in use in over 100,000 locations
-- Further expansion into healthcare and medicine
-- Progress made in new overseas markets
Barrie Whipp, Executive Chairman of Crimson Tide, commented: "We have had a tremendous year, with progress in all areas of the business. Perhaps the most exciting thing is that we have invested, and will continue to invest in our expansion activities, which are being financed by our existing profitability and cash. The Directors are convinced that the future success of the Company will exceed their previous expectations, both domestically and internationally".
|Preliminary results out. RNS is positive. Revenue has increased and so too has profit before tax. It has doubled 100% from last year which doubled 100% from the year before. The only slight concern is the increased expenditure which will be incurred in this financial year so will show in next years accounts. This should not have any impact on turnover but could have an impact on profitability in next years accounts. However an excellent RNS and it will be interesting to see how the share price reacts.|
|OK cool, I have re bought back in. Let's see. I was in during the 2's and 3's last year so lets see if we see 4's and 5's in 12 months time.|
|Bap with respect you are looking backwards whereas I am looking at this going forward from today.
You are of course correct that over the last few years the company has not done much and this was reflected in a share price that didn't really move in the years prior to 2016.
Since then the outlook appears much brighter with increased sales forecast going forward and the company seems to be gaining traction. The increased t/o will quickly feed down to the bottom line.
The company seems to have the right product offering now that is growing.
Results out soon should hopefully confirm the story.|
the shuffle man
|I was just doing some research and due diligence on Crimson Tide PLC from when it listed on AIM back in 2006 till date.
The progress from a turnover point is horrendous. The only thing is that Crimson Tide is now making small profits but it can only make small profits from such small revenue. Bearing in mind Crimson Tide PLC listed on AIM back in 2006, I looked at every single set of accounts since then and the turnover has been largely similar to where we are today. Yes the business was different back then to what it is now but the progress financially has been poor.|
|Perhaps that accounts for the sudden interest then|
|TIDE was covered by the website with three i's over the weekend in an article entitled 'A trio of AIM growth shares for your ISA'
TPG and SRC were the others.|
|Cheers, Jamielein; ditto :-)|
|Looks like I'm in good company here board getting busy :-)|
|I got into these beginning of 2015 at 1p or so and thought they looked good then.
Think I will wait though for any possible fall out over next month or so before possibly returning.
Things still looking a bit dodgy out there I feel.|
|Looking good, be back posting here when TIDE is 10p+|
|Looks like TIDE is now coming onto a few more peoples radar screens.|