Imaginatik Share Discussion Threads

[supernumerary] 16/7/2017 20:04

jeez, pinky - what are you on about? The Terry/Quindell/Quob Park business was done to death ages ago. Why not just read the thread?

[brummy_git] 16/7/2017 15:50

BTW, who do you think is linked to Rob Terry?

[p1nkfish] 16/7/2017 14:51

Don't know about again but he's toxic in my eyes. Avoided quindell but it does not good to be associated with questionable characters or their interests. Will post some stuff, basics, in next day or 2. Not all that has been dug up but a couple of things.

[brummy_git] 16/7/2017 14:19

Isn't Quob Park Rob Terry's old investment vehicle? Is he interested again?

[p1nkfish] 16/7/2017 00:23

Found other involvements that are interesting and one in particular.

[p1nkfish] 15/7/2017 21:57

Digging and find an association with Quob Park a couple of years ago as a notifiable investor.

Their name is a loud siren to me. A warning to stay clear even if they are no longer on the share registry.

Care needed.

[ajseabright] 12/7/2017 12:49

Yep agreed, I have a tiny holding here so happy to watch it play out..... may add a few more for the hell if it

[p1nkfish] 11/7/2017 23:28

Something is brewing to make the Hills believe there is a capital appreciation opportunity here in excess of that available elsewhere. Not a very small amount of capital to risk so the reward/risk is considered attractive.

Given Paul Hill, I read somewhere, had achieved >15% p.a. in his personal portfolio over an extended period (if true) means Imtk is worth a sniff from the less able too.

[ajseabright] 10/7/2017 12:13

Another member of the hill family buying in?? Something going on??

[p1nkfish] 09/7/2017 14:56

2016 was the outlier. No surprise if earlier and in July like 2015/4/3 etc.
Haven't tried to determine what was special about 201y to push back the release.

[brummy_git] 05/7/2017 18:41

Agreed p1nkfish - BTW, anyone know when the prelims are due? 17th August again, like last year?

[ajseabright] 05/7/2017 17:34

All a bit dull here with this company, can't see how it can move forward.... it's done nothing really over the last 2 years

[p1nkfish] 04/7/2017 10:01

Interesting.

[p1nkfish] 10/6/2017 09:13

Raising at 2p.
Accelerated book build, yet to prove they can exploit what they have to offer.

[p1nkfish] 03/6/2017 15:55

This needs some serious business wins.

[ajseabright] 24/4/2017 18:39

Mr & mrs hill have increased there stake here, wonder what they know!?

[cpap man] 15/12/2016 10:00

Lots of promotion of IMTK then which can only be very good news!

[dusseldorf] 15/12/2016 08:08

A Paul Hill seems to be linked to: (note their tweet on PTY already this morning) as an analyst, who also writes for money week. Could be him.

[ajseabright] 14/12/2016 17:40

Who are paul and Ann hill?

[brummy_git] 07/12/2016 18:07

The big picture though is whether any major "management consultant" and/or one of the big accountancy firms, consider the company's software to be sufficiently valuable that they would want to buy the whole thing out right. Does anyone know whether Imaginatik it has received any predatory offers before?

The boys at Forrester seem to think the technology is top drawer, or is it really just another relatively simple "networking/project management" tool? Does anyone have any views, or even better actually used the product themselves?

[dusseldorf] 07/12/2016 10:20

Good point - I went the wrong way, it made sense in my head at the time. I've edited to avoid confusion

[supernumerary] 07/12/2016 10:12

Brummy - thanks, that sounds more or less like what I suggested - they have more costs than revenues in the US (and/or RoW). It's just not what I imagined of the business.

Dusseldorf - their dollars are now worth more pounds, not less. I would therefore have expected them to show a currency gain.

I fear they're invoicing overseas contracts in sterling, but paying costs in local currency. Not the cleverest arrangement in the world.

[dusseldorf] 07/12/2016 09:37

supernumerary - 68% of the revenue comes from US accounts:
Segmental revenue:
United States of America 1,240
Rest of the world 596

They state 'Foreign exchange losses (112). So I guess this is the true impact to the company of GBP weakness.

I'd expect them to price contracts at a 'fixed' dollar conversion rate (we do at our company), reviewed each year. This means the positive impact of gbp weakness on $revenues may not be realised until next year.

As you point out salaries will be paid in local currency at the $ rate, so costs 'should' have increased due to weak £.

[brummy_git] 07/12/2016 06:57

I suspect the currency impact is simply a reflection of their US$ trading losses that are being converted now at a lower rate – hence creating a bigger overall deficit in sterling terms.