Imaginatik Share Discussion Threads

[tidy 2] 30/7/2018 19:56

Watch the video link with VinShe wants the customer base that's what she must like about imtk and has plans set for it.

[1happydays] 30/7/2018 19:43

alright wff, good to see you over here, one of the most level headed posters on tern imo.

Got in here before Angus turned up, think he may be stalking me :) After the initial shock, think it might actually be a stroke of genius. I can't imagine he'd be left to steer the ship long term, but as a director he must have a wealth of knowledge on the new tech sectors from days at tern.

[1happydays] 30/7/2018 19:35

evenin Jamonit, they've just done a cost reduction programme that is saving 750k, do the math m8 :)

The Company confirms that on 4 June 2018 it secured new funding (the “Funding”;) to enable an alternative strategy to be implemented with a view to securing the Company’s long-term future. As part of the Funding, a cost reduction programme has been agreed, which is expected to reduce costs by more than £750,000 on an annualised basis, when complete. This compares with an adjusted loss after tax of approximately £550,000* incurred by the Company in the financial year ended 31 March 2017. Additionally, improved operational efficiencies are expected to enable the Company to better grow its revenues at marginal incremental cost. The directors note that the Company retains a roster of 38 customers, currently worth annualised revenues of approximately £2.8m. In the last financial year, the Company secured 13 new customers, seven of which are on annual or multi-year contracts consisting of both technology and consulting, adding to the Company’s base of recurring revenue. *Net of an exceptional foreign exchange loss of £0.23m

[warrenfingerfood] 30/7/2018 19:35

Well She isn't going to be in it to lose money that's for sure.
I use to freelance for a guy that bought failing businesses, often picked them up for the tax they owed, he turned everyone around in short time and sold them on at a substantial profit.
He didn't change much but got the basics right, he filled everyong with confidence, both staff and suppliers. Suppliers got paid promptly so they would actually go out of their way to help him, staff all had a clear idea of their purpose and they would go out of their way to.
The businesses ended up being well run, reliable and quailty service to customers and all down to good management on his part.
Not sure where AF would fit into something like that though.

[tidy 2] 30/7/2018 19:00

Note she looks for strong customer base. Here are IMTK customers Cargill,ExxonShellPrice waterhouse cooperTD BankDelta AirlinesExelonSudexoGoodYearAecomChubbDOWNorvartis

[tidy 2] 30/7/2018 18:54

hTTps://youtu.be/wi6yNLqvAhc

[tidy 2] 30/7/2018 18:54

Interview with our Vin. This is the lady that is wanting to control IMTK https://youtu.be/wi6yNLqvAhc

[ant15] 30/7/2018 16:48

If as we know VM is to take a controlling interest we have a winner. As for investment my guess would be £3-£5 million and what price would we expect as a result from a proven winner? 25p plus is just a guess but probably way on the low side. DYOR but this will only go north of todays price.

[letmepass] 30/7/2018 16:23

AAAP taking off

[tidy 2] 30/7/2018 15:33

VIN MurraiVin Murria OBE is Deputy Chairman of finnCap, whose career has included a combination of venture capital, private equity and CEO/operational experience, centred around 20 years of M&A activity in the software sector.Vin is a partner at Elderstreet Investments and, until recently, CEO of Advanced Computer Software plc, which she founded in 2008. Advanced is a consolidator in the healthcare and business solutions sector which, in March 2015, accepted a cash offer of £765m, from Vista Equity Partners, a software and technology-focused private equity firm.Prior to this, Vin was CEO of Computer Software Group plc, a small shell which she joined Sept 2002. Five years later in 2007 after a period of strong organic and inorganic growth Vin and her team took the business private, backed by HG Capital for £100m, and subsequently following two further strategic acquisitions and a merger exited the merged entity to the US private equity vehicle Hellman Friedman for £500m (circa $800m).Vin is Non-Executive Director at FTSE250 companies Zoopla plc and Softcat plc, and a Strategic Global Advisor at Rothschilds. Her previous roles include NED at Chime plc and Greenko plc, both of which have just recently been acquired by Private Equity (Providence and GIC, respectively); COO for Kewill Systems plc (which exited at a valuation of $1.8bn); Advisory Board of Signia Wealth Management; and NED of Concateno plc.In 2007, Vin formed and funded the PS Foundation, a charitable foundation targeted at educating and supporting women in India and the UK.

[hope67] 30/7/2018 14:08

old but worth reading her background

[tidy 2] 30/7/2018 14:07

Vin Murria was chief executive of Advanced Computer Software, an AIM-listed healthcare software company. She has over 20 years' experience of working for private equity backed and publicly listed companies focusing on the software sector. Under her direction, Advanced Computer Software has been growing fast and in November 2014 agreed a £725m takeover by a US private equity group. She joined the board of Softcat, another highly regarded IT firm, as a non-executive director last year

[tidy 2] 30/7/2018 14:06

I was thinking that actually lol

[hope67] 30/7/2018 14:04

thetrophyman it is a bit like one of the dragons buying in.
She is ranked 47 I think as a tech entrepreneur have a read

[tidy 2] 30/7/2018 14:02

With her rep in the sector there is no way she will be declined. Companies would give their right arm to have her on board. Fincap sing her praises. Fincap are the current imtk Nomad. This is massive news.

[tidy 2] 30/7/2018 13:32

It does due to her taking controlling interest in imtk who is under fincap where she is also on the board.

[tidy 2] 30/7/2018 13:30

I'm good at taking something that has sales of £2.5 million and making it a £500 million business,' she comments. 'I'm not good at going from a start-up to a few million pounds; that's not me, but I do have a huge amount of respect for those who can do the start-up phase.'hTTp://www.growthbusiness.co.uk/software-supremo-vin-murria-1292238/

[tomboyb] 30/7/2018 13:25

Tidy -

she a very good addition i think we know that -

She will look for 4p for 27% - share will hold close to maximum in that case -

For takeovers i would of imagined a stake exceeding 30% so below 4p per share however i'm not sure whether that relates to the conflict of interest on being on both boards of IMTK and Finncap -

[tidy 2] 30/7/2018 13:22

Companies would give their right arm to have Vin on board with what she does.