Crimson Tide Share Discussion Threads

[elbarracuda09] 22/1/2021 22:33

Have built a decent stake here over the last 5/6 years For me Eckoh mark 2 - got in there at 5p and my very patient wait was very well rewarded Many similarities between the companies - software - long term contract wins - contracts renewed - very high percentage of revenue recurring so great forward visibility - pretty fixed cost base so great margins My target price is around 9p - mkt cap circa 45m - may have to sell some shares on that journey as I become too overweight in the stock But for those that can hold on I challenge you to find many such low risk high potential reward companies - please do share any other shares that you have found that tick those boxes - GLA

[dubois] 22/1/2021 22:31

Head of Marketing vacancy, £80,000https://www.kentjobs.co.uk/job/30612748/head-of-marketing/

[andyview] 22/1/2021 15:35

I hear you all but think this should run on higher but then wtfdik! Gla

[dubois] 22/1/2021 15:21

Well they will know the figures from last year already. We wont get actual figures until mid year I expect, but we could just get an update along with perhaps another order in the rail sector.

[wanttowin] 22/1/2021 15:12

Looks like we are off to the races !

[wanttowin] 21/1/2021 17:37

I'm with you Neil, sometimes wait for ages just for the rise that gets one out.. then oh maybe just a little more, only to see it slip back ! To be honest I tend to hold, and looking for 4p here.

[ilkleyneil] 21/1/2021 16:36

Bit of a difficult one this. I bought in Aug 20 at 3.27. So, for me this has been bummping along with no movement to speak of since then. I've actually been waiting for a little move up in order to sell. The forward PE is not very attractive at 32! However, now I see a small move in the SP, the greed takes over and I think I'll hold for a while longer. I sometimes let my emotions win just to mix it up a little.

[andyview] 21/1/2021 16:23

Agreed dubois, maybe its time for a little run up gla

[dubois] 21/1/2021 16:20

Nice to see a little tick up. Maybe news not too far away as most of their business is from companies not affected by covid. Can't wait to see their recurring revenues for the year just ended.

[wanttowin] 18/1/2021 16:10

Thanks MM , you have reminded me why I invested here. Had a quick look at the last update and it was satisfying to read this again.. Barrie Whipp, Founder & Chairman, commented, "Crimson Tide performed exceptionally well in all areas of the business in the first half. All of our management metrics were achieved and we continued to add quality, long term subscription revenues. Our product development continued, driven by opportunities within our existing and potential customer base. The business is set fair for future growth and profitability. " Since then, the additional good news of that 500k contract, I'm re-infused and tempted to add a few more, nb.. just took 25k @ 3.21p

[michaelmouse] 18/1/2021 15:17

Helium have largely been selling their shareholding for whatever reasons institutions are required to rebalance their portfolios. Selling by the institutions rarely reflect the prospects of micro-caps, but can cause a drag on the share price until they're finished. If you like the company, and personally I think TIDE has terrific potential, then it's wise to use these (often forced) sellers to increase your own holding if you're looking longer term imho. From my blog, "Gross margins 87%. Profitable. Minimal debt. Growing long term subscription revenues. Unaffected by Covid-19. Winning sizeable clients across supermarkets, rail and the NHS. Stick some figures into a spread sheet and see what happens to their profitable growth with double digit revenue growth."

[wanttowin] 18/1/2021 11:41

Christ its been a grim hold since October, is there something underlying this weakness I wonder, or is it time to add ?

[mauricemonkey] 07/1/2021 10:46

Ok, thanks :)

[dubois] 07/1/2021 09:33

mauricemonkey. That is only an indicative spread. The actual spread is only .05 Mid is 3.35 but you buy at 3.38 to 3.40

[wanttowin] 06/1/2021 13:11

Thank you GB904150

[mauricemonkey] 06/1/2021 12:47

Spread on these is ridiculous; 0.5p on a 3p share.

[gb904150] 05/1/2021 11:25

Prelims will be in May but there are usually some contract wins announced as and when they happen through the year.

[wanttowin] 05/1/2021 11:04

Can anyone help, when we can expect the next update please ?

[gb904150] 22/12/2020 16:30

No, 4.5p isn't very ambitious but it does incentivise key staff to remain at TIDE for that period. I was very impressed by Luke Jeffrey's presentation at interims on 22nd Sept, still available on the IMC platform. hxxps://www.investormeetcompany.com/investor/companies 7.5m options is a value of £337k at 4.5p. But vesting over 3-10 years gives a big incentive to stay at TIDE at least 3 years. It's not clear if the options vest over the 3-10 year time frame. That would have been preferable - e.g. vesting at 3, 5, 7, 9 and then a large vest at 10yrs.

[davemac3] 22/12/2020 14:52

3-10 years for the share price to reach 4.5p is not much of a challenge for the options

[andyview] 15/12/2020 18:59

Agreed, the spread is a disgrace

[wanttowin] 15/12/2020 18:24

Would like to add a few but MM's taking the proverbial on the spread !

[dubois] 10/12/2020 12:18

I'm convinced this will go the same as MNO is in the process of doing.

[andyview] 10/12/2020 12:12

Good to see, happy to hold this one. Gla

[dubois] 10/12/2020 11:24

Quietly ticking away everyday.