Iqgeo Share Discussion Threads

[p1nkfish] 02/8/2021 07:20

Options granted, management can't lose. Now they have to show its worth others buying at these levels (15p+ above most recent option price) to get this moving forward. Would have no suprise to find IQG received an early bid to go private or as a bolt-on to another group. It could happen at any moment. 40% above recent average weighted price over last 6 weeks or so would do it. Where does this go once they have cash flow positive? Will it add services or just carry-on? Over time all markets and services commodify, no difference here unless they break through into something else at the enterprice level?? Aquire others? My target would be 250M+ market cap, closing in on 1Bn if they breakthrough and if not acquired first. Ambitious but why not?

[p1nkfish] 01/8/2021 23:24

Looked over the chart, momentum has waned. If Cannacord seriously sell down the price will suffer as the main support has been Kestrel to date. Not guaranteed to continue. Their reference to low hanging fruit might be Freudian and also apply to IQGEO. Time there was some sign of a win at a bigger player outside of Canada now new version 6.2 is out that "renders Esri layers provided by ArcGIS FeatureServer services". There's a lot to go after even if the easy stuff has been harvested. Worth releasing news prior the the full interims, even in August.

[p1nkfish] 29/7/2021 17:30

It hasn't hammered the price much yet so some is absorbing them.

[horseyphil] 29/7/2021 17:16

Canaccord have sold around 200K discretionary. The latest IQG newsletter highlights current vacancies and says more will be added in coming weeks.

[p1nkfish] 28/7/2021 14:25

Kestrel discretionary bought a few more. We will hang about here until results fully catch-up. Investor Meet Company event some time September for the interims.

[p1nkfish] 27/7/2021 06:02

Kestrel picked up 25K at 117.5p on 23/7 with delayed reporting. Another transaction for 40K at the same price took place about 1 minute earlier, also delayed reporting until 26/7. Seller is being cleared at reasonable volume. We could do with news of a contract win.

[p1nkfish] 22/7/2021 17:01

The longer it spends consolidating and building a base here the better any move up will be when results warrant it. Needed - patience and the company not dropping the ball.

[red ninja] 22/7/2021 13:46

Kestrel still steadily buying IQGEO, obviously impressed with last trading update :- IQGEO Group plc (LSE:IQG, "Company" or "IQGEO") received notification on 22 July 2021 from Kestrel Partners LLP ("Kestrel") that on the 21st July 2021 that Kestrel had purchased, on behalf of its discretionary clients, an aggregate of 20,244 ordinary shares of 2p each ("Shares") in the Company at an average price of GBP1.22 per share for accounts managed by Kestrel.

[p1nkfish] 21/7/2021 22:25

21/07/21, related to UK data roll-out. Https://www.vanillaplus.com/2021/07/21/62229-democratising-telecoms-data-is-key-to-democratising-5g-access/

[p1nkfish] 19/7/2021 21:31

From Finndap, just had time to read it. Shaw, being Canadian, placed a large perpetual license order at high margin and thereby drove up margin in H1. Canada has a different approach to accounting for s/w from what I can remember and perpetual license favoured, As a consequence losses in H2 are likely to be towards £900K unless others go perpetual license that would offer large earnings upside but reduced ARR and forecast confidence. So H2 comparisons to H1 are unlikely to flatter with increased losses and reduced margin. All because of Shaw in H1. They just have to keep on trucking as they are and we need to be patient. Being patient can be hard.

[p1nkfish] 19/7/2021 13:01

Theres a bit of a block on the price plus current general sentiment. Excellent progress though.

[horseyphil] 19/7/2021 12:17

In its update, FinnCap notes that cashflow is ahead of its forecast, and has raised the TP to 140p.

[red ninja] 19/7/2021 08:35

Very pleasing results. I liked "This has been achieved through winning over 35 new logos combined with the expansion of sales to existing customers."

[horseyphil] 19/7/2021 07:27

Yes, the margin improvement is particularly impressive, and shows the potential for further margin gains as revenue increases. Considering they had to bed-in the OSPI acquisition during this half, this is an excellent TU.

[p1nkfish] 19/7/2021 07:13

GE Smallworld becoming smaller % by the day and lovely margin expansion. Will go over it more carefully later.

[p1nkfish] 19/7/2021 07:12

Excellent TU, breakeven in sight. Earlier TU than Finncap indicated. All metrics look spot-on and positive going forward. What else if there to say, well done IQGEO team.

[p1nkfish] 15/7/2021 12:21

Strategic partner of these people, utility, bought Enbridge. Https://www.togglemag.com/case-studies/doug-liddell-northriver-midstream-inc/

[p1nkfish] 14/7/2021 14:38

Kestrel for discretionary. Before TU. Interesting. "IQGEO Group plc (LSE:IQG, "Company" or "IQGEO") received notification on 14 July 2021 from Kestrel Partners LLP ("Kestrel") that on the  9th and 13th July 2021 that Kestrel had purchased, on behalf of its discretionary clients, an aggregate of 76,061 ordinary shares of 2p each ("Shares") in the Company at an average price of £1.238675 per share for accounts managed by Kestrel."

[p1nkfish] 13/7/2021 17:29

They tend to be the bigger volumes. Still low vol but bigger than the average.

[red ninja] 13/7/2021 16:03

Hard to know for sure, but could well be a wealthy investor or a fund stake building over successive days.

[p1nkfish] 13/7/2021 15:53

131,261 have gone through at a mid price of 124p since 9/7. May be more vol if Plus Markets included. I thnk these are buys at a limit price? 12/7 10K 124p 9/7 23,061 & 25,000 124p (late reported) 13/7 73,200 124p Thoughts? Tightly held and I suspect someone is mopping up a few. Obviously there are sells but someone happy to take them onboard.

[w13ken] 13/7/2021 14:51

Hi p1nkfish, good to bump into you again. Yep, I'm a complete newbie, just bought in today. I'd seen the company a few months ago when it popped up on a screener but this time I looked a bit more closely and bought in. Trading volumes look very low though so it seems pretty illiquid and I'm not sure how much the price will move when news is light.

[p1nkfish] 13/7/2021 14:25

W13Ken, are you new to IQG? This years TU is later than normal and there could be a few reasons inc possible new CTO to announce (but a littel close to the ads going out for the role), an acquisition (perhaps), waiting to land some business to put in the forward look, or to allow someone to take a position first (or clear out as a seller)? All pure guesswork but 2nd Aug is later than normal and a strange date given so few people will be looking.

[red ninja] 13/7/2021 13:56

You can buy at 123.7 currently on HL, but earlier you could buy at 123.477 so think that 73k trade at 124p was probably a buy.

[p1nkfish] 13/7/2021 13:52

73K share trade gone through. Perhaps the seller is done?? Went through at mid-price. That buyer not likely to sell soon and around for any future run upwards.