Crimson Tide Share Discussion Threads

[masurenguy] 14/3/2017 12:44

Looks like TIDE is now coming onto a few more peoples radar screens.

[jamielein] 14/3/2017 12:20

Welcome Saucepan & Cheshire Man - good to see some familiar faces here.

[saucepan] 14/3/2017 11:57

I bought some yesterday. Thanks for the heads up, GHF.

[cheshire man] 13/3/2017 12:16

Took a modest holding here in Jan. to tuck away,,,,good to see some buying interest today :-)

[glasshalfull] 13/3/2017 11:02

Lovely quiet thread.

I've been adding during the last week or so. Waited for the shareprice to come back to earth, following the spike-up caused by the positive trading update in December. Just as I was ready to press the button, we received news of their international expansion in early February...which also propelled the price higher!

WH Ireland had this to say in December,

"A positive update from TIDE this morning confirming not only that trading in the current year to 31 December is in line with expectations but also signalling that it has already absorbed some of the costs of a step change in investment to grow a much larger business in 2017 and beyond.

For 2016, TIDE confirms revenue for the year is expected to total £1.8m (WHI £1.8m) whilst we look for a reported PBT of £0.4m, double the 2015 result. Staff count has also doubled in the past 18 months.

One key takeaway from today's update is that the rollout of the major supermarket contract has been completed ahead of forecast hence revenues are now being recognised on the whole estate. Whilst this will clearly have some minor benefit in 2016, it means TIDE starts 2017 at full pelt underpinning future investment plans.

This statement rounds off a hugely successful year for TIDE with three main contract wins/ extensions including a long-term tie up with the National Centre for Hereditary Disorders in Ireland (the first significant breakthrough into the Healthcare sector) and its largest ever multi-year contract signed with a UK supermarket in October. TIDE is utilising this momentum to step up investment in growing a much bigger business, the size and scope of which should become clearer in the New Year when we expect to revisit our 2017 and 2018 forecasts."

---

Well managed company on a reasonable rating. The planned (modest) investment in international expansion also looks sensible through a selective & considered approach.

Kind regards
GHF

[338] 02/2/2017 15:58

There are only 103 million shares available for daily trades and I believe most of them have been bought and kept by small investors like us.... small means holding under 500k of shares

I hope the break out above 4p will happen this month

[338] 02/2/2017 10:53

A maiden dividend is required to support the share price sustainable higher, perhaps 0.001 pence per share

[the shuffle man] 02/2/2017 09:09

I like where this company is going !

[lanzarote666] 02/2/2017 08:11

Today Ireland, tomorrow the World.

'We have multiple, early stage opportunities'

[338] 23/1/2017 11:20

on the way to 5.5p

[aussiedonnie] 19/1/2017 18:04

I see TIDE breaking out and 4p+ on the horizon.

good luck all.

[338] 19/1/2017 14:12

start climbing up nicely

[338] 11/1/2017 10:38

I think the business has a total value in excess £25m or over 5.5p per share considering the growth, etc.

[the shuffle man] 10/1/2017 15:52

Looks like we are going to break out to the upside. May be news in the offing ?

[masurenguy] 10/1/2017 14:12

Biggest daily trading volume in the last 4 weeks.

[338] 10/1/2017 14:12

Is TIDE on the way to 4p+

[glasshalfull] 15/12/2016 12:32

Good to hear from you Jamielein. The fact you've considered the investment case... and parted with your hard earned, gives me reassurance.

Growth coupled with fantastic margins and a recurring revenue element drew my attention. The fact that they've concluded contracts with Nestle & other blue chips was the clincher.

Kind regards
GHF

[jamielein] 14/12/2016 20:02

Ghf, good to see you here. It's been a while since we've had the same investment in common. I've been a lot less active recently due to a new job and fewer market opportunities in general.
I've been holding TIDE for some time. I like the growth prospects which will hopefully make their current multiple look a lot more reasonable in the future.

[glasshalfull] 14/12/2016 17:55

Courtesy to say I've been buying here over the last couple of months, although you wouldn't realise with the share price pull-back!!!

Also delighted with today's update which sets TIDE up nicely for 2017.

WH Ireland provide the following brief update on the back of today's t/s,

"...positive update from TIDE this morning confirming not only that trading in the current year to 31 December is in line with expectations but also signalling that it has already absorbed some of the costs of a step change in investment to grow a much larger business in 2017 and beyond.

For 2016, TIDE confirms revenue for the year is expected to total £1.8m (WHI £1.8m) whilst we look for a reported PBT of £0.4m, double the 2015 result. Staff count has also doubled in the past 18 months.

One key takeaway from today's update is that the rollout of the major supermarket contract has been completed ahead of forecast hence revenues are now being recognised on the whole estate. Whilst this will clearly have some minor benefit in 2016, it means TIDE starts 2017 at full pelt underpinning future investment plans.

This statement rounds off a hugely successful year for TIDE with three main contract wins/ extensions including a long-term tie up with the National Centre for Hereditary Disorders in Ireland (the first significant breakthrough into the Healthcare sector) and its largest ever multi-year contract signed with a UK supermarket in October.

TIDE is utilising this momentum to step up investment in growing a much bigger business, the size and scope of which should become clearer in the New Year when we expect to revisit our 2017 and 2018 forecasts."

---

Kind regards,
GHF

[billbyrne] 14/12/2016 13:50

Going back to the pharmaceutical verification pilot, TIDE have many years of experience with scanning of bar codes on blood supplies, haemophilia patients in this country have been able to verify the safety of their medication via the mpro platform
for years.
I wonder if the work on the pilot was responsible for the additional functionality that has been added to the platform, as highlighted in the recent NCHCD contract.

[billbyrne] 14/12/2016 12:55

I'm also happy to hold and will probably add. With their latest supermarket contract
(their largest contract to date) now fully rolled out to nearly 500 stores, ahead of schedule, they will have a full years revenue in next years numbers.

There is also an increased value contract extension with Interserve to add to that.

They are also talking about international expansion, what I am looking for here is news on their pharmaceutical verification pilot. They are 5 months into the pilot
now so hoping to hear about this in the not to distant. Sounds like it could be rolled out in several Asian countries if it goes ahead.

Positive outlook as well.

Barrie Whipp, Executive Chairman, commented "We have continued to win profitable, cash generative business with high levels of visible, recurring revenue from major organisations. These contracts provide a very stable platform from which to continue to grow the business but also excellent reference sites for attracting new customers, which is always a key challenge for smaller companies. Our team has doubled in number in 18 months and we expect our results to show a doubling of profits for the second year in a row. This gives us the resources and confidence for sound strategic investments which will enable us to drive the business forward aggressively in 2017 and beyond. The Board is very confident for the future"

[jamielein] 14/12/2016 10:40

Yes another good trading statement. The company is not cheap but is growing quickly. Happy to continue to hold.

[curlly] 14/12/2016 10:18

I am already in, enjoy the ride hopefully.

[the shuffle man] 14/12/2016 10:10

Another great trading statement today with a very positive outlook. This is well under the radar. Wake up peeps.