Getbusy Share Discussion Threads

[masurenguy] 17/1/2021 11:21

Results for fiscal 2020 due in circa 6 weeks time so we will see what progress has been made since their bullish trading update at the end of September.
"The Group's performance has remained robust since the half-year. SmartVault's annual contract value from new customers remains around 40% ahead of last year. New business for Virtual Cabinet has also recovered and we are delighted to have secured an order from another Top 10 UK accounting firm."

[the ghost who walks] 17/1/2021 10:21

I agree with this, it's like teams but for their existing customers. I don't think it's trying to penetrate many new customers in isolation, but may be an additional selling point. I'm hoping for a strong 2021 for getb and the share price to motor well above 100p

[mr doughnut1] 11/1/2021 20:21

I continue,Historically all GETB,s products take years to develop and initially have a slow uptake before gaining traction - hopefully the lockdowns will accelerate the speed of uptake of the app.

[mr doughnut1] 11/1/2021 20:18

HNY ,all be it belatedly, to all GETB holders.These are only my opinionsIn 2020 we had the share capital reorganisation (Jan) and the completion of the £2 million loan facility to accelerate investment plans for smart vault (Dec).I have always who the get busy app is aimed at. It seems that there may be significant ability to cross sell the product to existing existing customers of virtual cabinet and smart vault. On the get busy website there are testimonials from the professions of accountancy, insolvency and law. I think the addition of the electronic signature was specifically added with these professions in mind and may have become more necessary in the lockdowns we have and are experiencing.

[masurenguy] 23/12/2020 13:05

The Offer price is up 9%, from 75p to 82p, over the past 24 hours on miniscule volume. This just illustrates how illiquid this stock can be.

[wanttowin] 22/12/2020 17:37

perking up nicely here

[masurenguy] 26/11/2020 15:42

Very quiet here with only circa 420,000 shares traded over the past 5 weeks and no movement in the shareprice. The next likely news update could be a year end trading update in mid-January.

[masurenguy] 09/10/2020 15:44

Some upward movement today on a modest trading volume.

[masurenguy] 28/9/2020 07:56

Trading update

The Group's performance has remained robust since the half-year. SmartVault's annual contract
value from new customers remains around 40% ahead of last year. We have started the investments announced in July in SmartVault product capabilities and growth to drive sustained increase in shareholder value over the coming years. New business for Virtual Cabinet has recovered and we are delighted to have secured an order from another Top 10 UK accounting firm. The customer base continues to grow, albeit still at modest levels. Product functionality has further improved, including the launch of our inbuilt digital signature solution, which has the potential to provide significant opportunity in this rapidly growing market. We continue to look to the future with confidence.

Loan facility

The Facility provides the Group with additional working capital headroom, augmenting its strong cash position, to execute its accelerated investment plans for SmartVault. The key terms of the facility are:

Facility amount: £2m:
Term: 3 years
Margin: 3.25% - 3.75% above LIBOR
Commitment fee: 35% of applicable margin
Covenants: Based on recurring revenue levels and liquidity coverage
Security: Group's assets and intellectual property in the UK, USA and Australia

[masurenguy] 11/8/2020 13:24

Gresham House have increased their stake by 24% (to 4.6%) after adding 479,428 shares.

[hastings] 27/7/2020 08:22

Had a very good chat and will post something mid week.Had a hectic last week on the interview/writing front so catching up with a few other things for now.

[the ghost who walks] 27/7/2020 08:19

Hi Hastings, how did your meeting go? Thanks

[mr doughnut1] 23/7/2020 19:59

Hastings, your comments are always appreciated.

Very encouraging half year report

One point that I have is that, at some point, Greg Wilkinson will look to sell some of his holding as he stepped down as a non exec at the AGM, 7.6% of shares in issue.

[hastings] 23/7/2020 18:27

Excellent end to the day, catching up with management tomorrow, so will add some comment for interest.

[the ghost who walks] 23/7/2020 14:02

Play on cloud. They clearly see big demand,

[masurenguy] 23/7/2020 13:07

Liberum issued a Buy Note this morning with a target price of 100p.

[the ghost who walks] 23/7/2020 07:09

Nice statement. Feels like this has a way to run.

[gucci] 20/7/2020 16:02

starting the next leg up

[masurenguy] 03/7/2020 09:55

Results due to be released on Thursday 23 July.

[masurenguy] 24/6/2020 14:15

Shareprice is up 40% this month on light volumes and no news !

[hastings] 19/6/2020 15:12

Looking good here, a nice surprise as I thought we had perhaps stalled for a bit.