Crimson Tide Share Discussion Threads

[jamielein] 29/1/2019 16:09

It looks like expectations were for 0p EPS so ahead of expectations doesn’t really tell me much, other than they’ve made a profit. Not currently holding but will await results to make a judgement. I agree with Eezy - lack of numbers doesn’t fill me with confidence.

[geraldus] 29/1/2019 15:04

Certainly plenty going on here and breaking new ground at last.Look forward to some broker numbers and a high tide.

[eezymunny] 29/1/2019 11:47

Trust me 338. I'm most definitely somewhere else to make money. I never trust companies that come out with rampy words and no numbers!

Don't tell me, you bought the spike this morning and now you're losing your shirt?

[338] 29/1/2019 10:40

SHG can make you 10-bagger this year

[338] 29/1/2019 10:37

The progress of product development and worldwide sales growth are real... Eezy you better go somewhere else to make money... lol

[eezymunny] 29/1/2019 08:56

One of the most laughable, rampy RNS's I've ever read. Cunningly omits revenue, profit, and cash flow from the statement.

Slimy old bar stewards. I always avoid companies that issue slimy, ghastly, rampy,desperate RNSs like this.

[338] 29/1/2019 08:49

Steady cash flow and profit growth from this year

[cheshire man] 29/1/2019 08:10

Indeed TSM and none available online on the bell :-(

[the shuffle man] 29/1/2019 07:15

The tide has definitely turned. Super positive update !

[michaelmouse] 07/10/2018 17:48

Super little company investing for rapid growth.

[euclid5] 20/9/2018 20:43

Arden Partners broker note 7 Sept 2018: TP 4.4p

Valuation:

Worthy of a premium. Crimson Tide trades on FY19E multiples of
39.2x FY19E P/E and 3.4x EV/sales, offering a 24% sales CAGR 17A-19E. We
set our PT relative to peers, with a premium to reflect Tide’s robust
profitability and superior growth prospects.

 Next news: Crimson Tide is due to report its H118 results by the end of
September.

[euclid5] 20/9/2018 20:26

Red Army I shall check if there is an updated BN

[cheshire man] 20/9/2018 11:11

Good reaction to share price with this excellent news this morning

[red army] 20/9/2018 10:23

Does anyone have a link to WH Ireland report please???

[aussiedonnie] 20/9/2018 10:21

'A contract has been won with a $20bn revenue US Pharma Company' cool.

[glasshalfull] 12/3/2018 10:54

Playing catch-up on TIDE.

Don’t currently hold having decided against taking a LT position last year. Felt valuation was up with events at the time & couldn’t determine the cost of investment & timescales where this investment would be reflected in a ramp up in profitability.

I’ve now had the opportunity to see WH Ireland’s forecasts & essentially they’ve slashed turnover and profitability for 2018 & 2019.

See Twitter @ glasshalfull1 for details on changes to forecasts.

Still think that TIDE will ultimately make the breakthrough & step-change in profitability but I currently see better opportunities & will keep TIDE on my watchlist for the timebeing.

Kind regards
GHF

[hydrus] 27/2/2018 09:05

Good point - it's on Stockopedia but guess it could be a mistake.

[jamielein] 27/2/2018 08:51

Hydrus, they did £1.86m in 2016 so not sure where you've seen the £1.8m forecast?

I'd like to know how much of the increased cost is permanent (people) and how much is temporary (marketing).

I'll still keep them on my watchlist and see what news/results come from the company in the future.

[hydrus] 27/2/2018 08:36

The forecast I've seen was £1.8m revenue for year ending December 2017 so actually I think they are well ahead. Agreed though that profits are below expectations. At this stage though with low revenues profits are going to be pretty small whatever so important they focus on growing the top line which they clearly are. They've signposted revenue growth of circa 23% again in 2018 and then accelerating growth in following 2 years which sounds good to me.You may well be right though re next 12-18 months not a lot happening with share price. I have a smallish position here and happy to hold and see where they get to in 2-3 years.

[jamielein] 27/2/2018 08:28

I decided to sell today. Possibly the wrong decision but profits will fall short of market expectations [EPS this year was expected to be 0.22p but will be similar to last year (0.08p)], and revenue was light too [£2.3m now expected vs. £2.5m forecast].

I've been holding since mid-2015 and have been disappointed with the lack of share price progress over the last couple of years.

The chart has been looking quite weak for some time so I've decided to exit.

I understand the lower than expected profits are due to investment in people and marketing, however they've previously been able to grow profits significantly year on year over the last few years.

Although this company has great growth prospects, I'm not convinced that the shares will do much for the foreseeable future so my decision is purely short-term in nature (12-18 months) rather than having doubts over the company's success over the long term.

[filament] 13/12/2017 15:00

When is the TIDE coming in ?

[red army] 13/12/2017 12:44

Added more - now fully loaded.

[338] 12/12/2017 11:48

The link from billbyrne above, which I copied as below, shows that mpro5 is used worldwide by big organisations. I predict a steady double digits revenue and profit can be achieved every year.


hxxp://www.directorstalk.net/crimson-tide-plc-investor-presentation-dec-2017/

[red army] 12/12/2017 11:08

Added to my position this morning as the price has been moving sideways for approx 2 years now and the longer it stays in this pattern the bigger the breakout - WHEN IT COMES.