Crimson Tide Share Discussion Threads

[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.

[elbarracuda09] 09/12/2020 16:17

in the RNS of 4/12 we were advised that Quilter had reduced their holding from 15.06% - 10.68% or I believe minus circa 25m shares

I don't ever remember seeing them listed as large shareholder

Haven't seen anything to show where all those shares went

Maybe this explains the lack of movement

I was just happy that the price didn't go down

[dubois] 09/12/2020 14:17

The large buys are continuing. Surprised that there's been no increase in the price. Maybe a big seller matching the buys

[elbarracuda09] 09/12/2020 12:58

D - I got into Eckoh from around 5p.

It was a case of steady contract wins and renewals

All the time building the recurring revenue

Software co just like Tide with lots of income dropping straight to the bottom line

I am always on the look out for low mkt cap software cos building recurring income and a number feature amongst my holdings.

Fingers crossed for an acceleration in contract wins and a few more believers buying in to this solid co

[dubois] 09/12/2020 10:58

ebarracuda09 I don't follow Eckoh but will take a look.
I did some figures for this 6 months back and they do come out very well. I once had a company with 2m T/O and we made no profit. I changed focus to smaller recurring revenue of £750 T/O and made a lot of money. As they say, turnover is vanity and profit is sanity.

[elbarracuda09] 09/12/2020 10:55

Dubois - I liken Tide to Eckoh - but it is proving a slower burn than my investment there did.
As new recurring income contracts incrementally build the t/o I am looking for a steady rise in the mkt cap and underlying share price

[dubois] 09/12/2020 10:32

Further decent buying this morning.
Building nicely

[dubois] 08/12/2020 09:52

I do like companies that develop recurring revenue. Good solid base for any business.

[dubois] 08/12/2020 09:51

Looking forward to the next update. This is very similar path to MNO which has gone nicely from 2p to 15p

[andyview] 08/12/2020 09:46

Steady buying over the past few days, price holding and ticking up again.

gla

[dubois] 03/12/2020 11:29

Nice couple of buys this morning

[andyview] 17/11/2020 11:16

I liked this little snippet from the news today:

The real-time data provided by mpro5 is already being used to ensure compliance with Local Authority guidelines and the Company is hopeful of a wider roll-out across all regions, and additional departments in due course.

Selling into other teams and departments in a first class client...top notch opportunity imo

[michaelmouse] 17/11/2020 07:17

£0.5m of contract wins. Crimson Tide has gross margins of 80%+. Building nicely.

[andyview] 16/11/2020 14:23

Good tick up today and a little volume. We should see this substantially higher on any significant increase in volume.

gla

[andyview] 16/11/2020 13:14

Looks promising

[andyview] 16/11/2020 10:08

Buyers back in the market today, good value at this price and potential move back towards 4 and beyond!

gla

[andyview] 13/11/2020 09:23

added a few more again today.

I would be a very grateful recipient of yesterdays announced gifting !

gla