Crimson Tide Share Discussion Threads

[ramridge] 13/10/2016 21:22

Bapodra - today's volume, 1871K is approx 7 times the 20-days average and the 50-days average. That's to me a significant increase, not just MMs playing a game.

[aussiedonnie] 13/10/2016 19:44

I still have 50% of my original stake in TIDE and will ride this, with my stop loss @2.5p.

good luck all..

[flashheart] 13/10/2016 19:28

Nothing to do with that in my opinion, purely the 750k sell that appeared just before the close. This was obviously in the system throughout the day capping any decent rise. Now that's out of the way we may see a steady climb, that's notwithstanding any further sells of similar magnitude.

[curlly] 13/10/2016 14:36

Bap
It's 3-1

[billbyrne] 13/10/2016 07:06

With gross profit margins over 90% this contract will have a big impact
on this years figures. It may even enable them to start paying a dividend.

[lanzarote666] 13/10/2016 07:04

'further opportunities'

Just the start in my opinion, and probably more in the pipeline. There are opportunities beyond the UK to explore.

And check out the GP margin.

Should be on the leaders board this morning.

:-)

[flashheart] 13/10/2016 06:57

Certainly will re-rate on the back of this contract which shouldn't be the only one. I bet everyone wished they'd bought after yesterdays little 'taster'.

[billbyrne] 13/10/2016 06:47

Excellent news this morning.

Significant long term contract win with large UK retailer
Crimson Tide TIDE , the AIM--quoted provider of mpro5 -- Smart Mobility as a Service, has signed its most significant long term contract with a large UK retailer. Its mpro5 service will be used to ensure store safety, cleanliness and security. This deployment follows a successfully executed pilot.
The contract value is worth over GBP1.7m of additional revenue over an initial term of 48 months, the largest gross revenue contract in the Company's history.
This extended roll out involves implementing the mobility platform to almost 500 stores to enable the scheduling of regular cleaning, reactive cleaning and incident capture; as well as providing dynamic audits and bespoke management dashboards.
Barrie Whipp, Executive Chairman of Crimson Tide, said: "This landmark contract is the largest in our history in terms of value and means that mpro5 will be present in nearly 500 more locations throughout the UK. The four-year term represents validation of the partnership we have quickly formed with this well-known retailer. The contract represents another cornerstone of our enterprise level agreement strategy, which now represents a substantial element of our contracted revenues for the coming years
Following this contract win we are accelerating other expansion plans, both in the UK and overseas. The Directors are extremely pleased with this long term contract, which is the culmination of a great deal of work by our team. We are very excited indeed about the future prospects of the Company and look forward to pushing ahead with further opportunities."

[aussiedonnie] 04/10/2016 08:01

I've reduced my TIDE holding, as we're simply not moving.

good luck all.

[hlp_4u] 22/9/2016 07:53

Important point to bear in mind is that as turnover is up the RNS flow on orders will slow as they have to be MUCH bigger to be regarded as material.....otherwise good steady growth and strong prospect of dividend declaration next year. Well done TIDE.

[billbyrne] 22/9/2016 06:58

Good set of results, turnover up 25%, profits up 100% and cash position
building nicely. Happy to hold.

[aussiedonnie] 24/8/2016 09:25

Buys are coming back, guessing we'll more likely see TIDE @4p than 2p short term anyway.

Good luck all.

[activeservo] 03/8/2016 09:45

A nice slow tick up to results at the end of next month would be nice.

[lanzarote666] 21/7/2016 16:00

Pink Gun – you are a man of few words, so it is difficult to understand the basis for your 9p target.

But with the news of further contracts this week I am bullish too and have found an entry point. I believe that 2.80p is now looking to be a support line.

Sales are expected to double and TIDE is lowly operationally geared, so with margins of 92% these new contract wins should go straight to bottom line.

Contracts are usually 36 months which provides some recurring revenue which I like. 65% of recurring revenue was quoted previously, so good evidence of sustainable earnings.

I recall that following a previous pilot project announcement it led to a £1.10m contract over 36 months, so if this latest High Street retailer pilot is a success may we be looking at £1.50m over four years? They indicate 48 months rather than 36 months which suggests confidence.

For such a small Company it is a surprise to see profits and cash generation in what is a growth sector. We have a prudent and experienced management team.

Tesco and Sainsbury have been buyers on the retail side and this should encourage others to believe that mpro5 is worthy of investment. Blue chip names are other purchasers. We may be reaching the point where mpro5 can deliver on a large scale.

This could go global quickly so news of Asia contracts in the healthcare sector provides new horizons and is encouraging. Europe and Africa are also on the radar.

The scalability of this product is the key point and quite attractive in my view.

DYOR. NAI

[the_man_with_the_pink_gun] 20/7/2016 20:26

STRONG BUY

TARGET 9P

[billbyrne] 18/7/2016 06:49

More excellent news this morning, another large UK retailer signs contract.

[activeservo] 15/7/2016 07:04

Yesterday's news is great longer term. Had support at 2.8p for a few weeks now. Nice to see it break 3p today but all uncertain nowadays...

[the shuffle man] 14/7/2016 07:08

Excellent announcement today, great potential for new market opportunity.

[quidnunc] 15/6/2016 11:12

Could be looking at an IHS forming on the chart although the Ichimokou signals are consistently bearish.
Q.

[flashheart] 14/6/2016 07:20

Encouraging indeed.......just waiting for the resident 'expert'.