Ingenta Share Discussion Threads

[red ninja] 02/7/2021 09:04

New Research4Life content portal built using Ingenta technology goes live :-

[p1nkfish] 25/6/2021 11:57

Kestrel took some last week, about 122K shares at about 67-69p.

[p1nkfish] 25/6/2021 10:12

Do you understand their business, who their customers are?

[smithie6] 25/6/2021 09:51

reducing turnover & basing a big chunk of hopes for the future on cutting costs, further to the staff reductions & cost reductions in previous years

is not so positive imo

most internet connected businesses saw high growth during the Covid lockdown, with a boom in people studying & working from home & connecting via the 'net

but not ING, why not ?

[p1nkfish] 24/6/2021 19:42

Costs expected to reduce.

"........no debt beyond leasing arrangements. In addition, further cost saving opportunities have been identified as the Group look to reduce their physical premises cost and associated overheads as leases naturally expire over the coming years."

[p1nkfish] 24/6/2021 19:38

I believe the future is bright and the recent share buyback (the latest) was a signal of what the company believes to be an attractive price vs their future expectation for said price. DYOR etc.

"The Group's core Commercial and Content software solutions provide a mission critical service enabling publishers to run their business and manage their IP assets. Recent data suggests that the publishing market has performed well during the pandemic and is forecast to continue growing. In response, the Group is actively looking to broaden service provision to customers to enable them to concentrate on core activities and capitalise on growth opportunities as they arise. The Group sees further opportunities in adjacent markets where concepts of IP and its inherent complexity are increasingly prevalent. In many cases, existing solutions often struggle to keep pace with industry changes and Ingenta believes the Group's core royalty software engine can be readily integrated to provide a robust and flexible upgrade. These factors, combined with an ongoing drive to improve efficiency, give the Board an optimistic outlook for 2021 and beyond."

[p1nkfish] 24/6/2021 16:09

What if it's not and what is the probability of either outcome given potential catalysts for change?

No debt outside of lease obligations and £2M cash.

[smithie6] 24/6/2021 14:47

if this company is going to just trundle along going nowhere

making perhaps 1/2 million per year, underlying

then, with risks etc etc

is it perhaps worth say 5 million, a fair amount below its current value of ~11 million ?

[red ninja] 22/6/2021 11:54

From Ingenta's linkedin feed a little good news :-

"We are delighted to announce that our long-standing Ingenta Connect client, Amsterdam University Press has upgraded to a new journal platform, a project that took only six weeks to implement using Ingenta's Edify Express methodology. The new enhancement ensures that AUP journals attain a global outreach and a large readership. At Ingenta, we strive to support content providers by making it easier than ever to connect their audiences with the research and information they need. You can read the full announcement here:"

[p1nkfish] 19/6/2021 11:00

Could certainly use some news on new contract wins, last were announced Oct 2020.
8 months is a bit long between notifiable contract wins when growth is critical.
May partly account for the price weakness.

[p1nkfish] 19/6/2021 10:51

All that is lacking here, and what matters a great deal, is growth.
The core looks very solid in terms of % ARR, cash in bank etc vs market cap.
Add growth and the share price should respond well given the tight holding structure.
Growth!

[p1nkfish] 19/6/2021 10:26

timbo, 50K bought back.
Usual wording in AGM statement for June 30th 2021.

[p1nkfish] 08/6/2021 20:32

The delay in expansion in adjacent markets probably makes it wise to curtail buybacks. Reread results and quite relaxed about holding these. Needs time and a sensible hand on the tiller.

[timbo003] 02/6/2021 11:36

Yes pinkfish, the move to recurring revenue is always a bit painful in the short term, but they are pretty much there now. I may have missed it, but I could not see any reference to plans for further share buy backs, which I suppose is not entirely surprising given that the divi is only just covered

[p1nkfish] 01/6/2021 11:04

The move to recurring is impressive and always hits immediate revenue but they still managed to hold that end up. Very good.

"These factors, combined with an ongoing drive to improve efficiency, give the Board an optimistic outlook for 2021 and beyond."

[red ninja] 01/6/2021 10:25

My impression of todays results are that things are generally heading in the right direction :-

· Revenues of £10.2m (2019: £10.9m) reflecting a focus on core software offerings.

· Annual Recurring Revenue of 86% (2019: 77%).

· Operating cash inflows of £0.8m in the year (2019: £1.7m inclusive of £0.5m of accelerated receipts).

· Cash balances at year end of £2.3m (2019: £2.6m).

· Adjusted EBITDA* of £1.2m (2019: £1.3m).

· Net profit of £0.3m (2019: loss of £1.4m).

· Proposed dividend of 1.5 pence per share, subject to shareholder approval at the 2021 AGM (2019: 1.5 pence)

· Earnings per share of 1.61 pence (2019: loss 7.98 pence).


However, my impression is the market is looking for more sales progress before marking this one higher. I've not got a huge holding here, but with only around 17 million shares in issue increasing sales in a recovering economy should make a good impression on the earnings per share figures.

[p1nkfish] 18/5/2021 23:36

So there are at least 4 of us?

[p1nkfish] 04/5/2021 17:51

Is anyone still here?

[p1nkfish] 26/1/2021 08:23

Trading statement due soon, steady as she goes.

[p1nkfish] 19/12/2020 08:11

All still here?

[encarter] 27/11/2020 14:46

Thanks. I checked today and never got mine. I will chase it up Monday.

[p1nkfish] 27/11/2020 13:52

Came through ok 2nd Nov.

[encarter] 27/11/2020 13:22

Anyone else not got there divi?

[p1nkfish] 26/10/2020 07:34

Good news on the contracts, haven't looked at any implications yet but there's only upside really.