Crimson Tide Share Discussion Threads

[wanttowin] 27/1/2021 16:46

Hi mm,

In the latest holdings RNS,am I understanding correctly that 0.32 of Helium's was sold ? If so what sum of shares does that equate to ? Thanks

[michaelmouse] 27/1/2021 14:16

Won't be frustrating for very much longer I'd hope. Depends on your timeframe I suppose. Helium hold a decent percentage of shares and have been sellers into strength which has suppressed any share price gains, but it won't go on for ever. When they're cleared the share price should start to move forward quite rapidly. If you believe it's a great little growth company then Helium are providing you with a buying opportunity imv.

My growth assumptions give a net profit of around £600,000 for the year just ended December 2020, and with similar growth in 2021 a net profit of £1m. On a forward p/e of 25 that gives a share price around 5.5p. I think a forward p/e of 25 is a bit mean given their recurring revenues, very high gross margins and growth trajectory. On a p/e of (say) 40 then the share price could hit 9p.

Looking further forward to 2022 and beyond then assuming growth continues apace, with their high gross margins much of the increased turnover falls to the bottom line and the share price should accelerate accordingly.

For such a tiny company it's pretty low risk with high reward if things continue to go well.

[wanttowin] 27/1/2021 13:14

Gives with one hand and takes with the other..a frustrating stock !

[mauricemonkey] 26/1/2021 23:05

I’ve done a fair bit of reading about investing in small caps. One thing that regularly comes up is the fact the analysts don’t bother to thoroughly research small companies because there’s not much of a market for the analysis as the big funds can’t buy in size; the market is too illiquid and for them to be able to make a portfolio significant purchase would spike the price too much.
So, we buy good quality small companies hoping that they outperform the forecasts and quickly compound their growth and get to a size where the big boys are interested.
These guys have got some decent customers, good forward visibility of revenue, increasing sales and profits.
Sure it might go pop, but it seems to be conservatively run and well managed. I’m likely in for the long haul here, all being well.

[elbarracuda09] 26/1/2021 20:07

Only time for a super quick reply now

Expecting £4m or more t/o for year just gone + profit of 500K to ??

As new contracts are won the t/o and profit will just keep ticking up - 24 - 60 month contracts of recurring income

Who knows the potential value of todays news and what new doors it may unlock

Proving a very slow burner but safe, predictable and over time price only going one way

If you are looking for a quick buck not for you

If you can park some cash for a while to steadily grow

People probably get bored of the comparison I regularly make to Eckoh - but study the history of that share - I got in from 5p up - did very well but, only by patiently holding

Good luck whichever way you choose to go

[ilkleyneil] 26/1/2021 17:52

Hi Folks, I hold these shares currently but I am reaching the opinion that they are a little over valued. They have a forward PE of 35. All other key mneasures show the price to be toppy too when compared to other companies in the software and IT services market. The only measure showing relative positivity is EV/EBITDA but the data I have on that measure is on a trailing basis.

I'd be really interested to know why the longs here think this share has a good risk reward balance at this price. I can't see it but you probably know a lot more about this company and the sector than me. Your views appreciated. Thanks.

[dubois] 26/1/2021 09:48

Just 2 sells this morning. all the others are buys

[le4r] 26/1/2021 08:15

Lovely looking stock - hadn't come up on my radar until this morning. Dipped my toe in with a start position.

[dubois] 26/1/2021 08:13

I do love these recurring revenue stocks

[338] 26/1/2021 08:09

17p is my first target

[dubois] 26/1/2021 08:06

The is the bit I like

"the initial stage of a significant global healthcare project for the verification, data capture, and analysis of pharmaceutical products associated with the treatment of haemophilia"

Especially the Initial and Global parts

[michaelmouse] 26/1/2021 08:03

Barrie Whipp, Executive Chairman of Crimson Tide, said: "Whilst the Company has been extremely busy across all vertical markets, we believe that there is an excellent opportunity for mpro5 to deliver significant and tangible benefits across all aspects of healthcare."

Bodes well for short, medium and long term.

[michaelmouse] 26/1/2021 07:59

"Crimson Tide ("Crimson Tide" or "the Company" (AIM:TIDE), the provider of mpro5 has won a pilot project with the World Federation of Haemophilia (WFH) for the initial stage of a significant global healthcare project for the verification, data capture, and analysis of pharmaceutical products associated with the treatment of haemophilia. The pilot is due to rollout in the first quarter of 2021."

[mauricemonkey] 23/1/2021 19:21

Well, I might be naive, I'm certainly an idiot.
But I'm hoping they've achieved a level of profitability now that enables them to reinvest heavily and a virtuous circle of more dev, more customers, more profit, more dev. All organic.
Very illiquid but as they get bigger and better that should improve :)
I'm long and happy to be so.

[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."