Iqgeo Share Discussion Threads

[p1nkfish] 16/4/2024 08:18

We know where they stand so below are the 2 main factors for me going forward:


1) "We have market leadership presence in North America for the telecom industry and in 2024 we will be working to establish a similar reputation across the electric
utility industry." PAGE 23. Slower moving but a much bigger market. One that could catapult IQGEO into the big league.

2) The other factor will be when ARR exceeds service revenue for the right reasons - both growing. PAGE 21. When that occurs they should crow about it loudly. Ideally ARR > non-recurring services + non-recurring software revenue but ARR > non-recurring services alone will be a big milestone.


Upper management have substantial incentives via stock-options at relatively low price. Let's hope it doesn't make them too cozy and they are still driven enough to exploit this opportunity to the n'th degree. Sansoms share sale was well timed for after year end so he still shows as a higher % owner.

Credit to Robert Sansom for not taking remuneration over the years.

[w13ken] 16/4/2024 07:37

The Annual report is out today and, with over a 100 pages, there's a lot to take in. It's beautifully designed and even that is an indicator that the company has quality stamped through it like a stick of rock.

The AGM is on the 15th May. I just bought some in Trading at 406p and will buy more if it drops below 400p - DYOR.

[w13ken] 11/4/2024 11:08

One or more of them mention ISPA on their websites. With IQGeo being a paid up member now there should hopefully be some pitches made to them.

[p1nkfish] 11/4/2024 10:57

Veneous will be active in Shropshire in remote areas.

Training session in London, Uxbridge, soon with INCA for design & build.

Also new Workflow Manager Videos now on website.

[p1nkfish] 11/4/2024 08:57

UK, 10th April 2024, Gov spend on rural broadband.

[p1nkfish] 10/4/2024 12:46

I think we get the message. Worth a look/read.
Possible European Grid Bottlenecks.

[w13ken] 10/4/2024 11:07

IQGeo joins ISPA to promote innovation for UK ISPs.

"IQGeo today announced that it has joined the Internet Service Providers’ Association (ISPA) as part of their Partnership Programme. ISPA is a leading UK trade association for internet companies and for nearly 30 years has been dedicated to promoting competition, innovation, and self-regulation for the positive development of the industry..."



This can only be positive for IQGeo's influence and the doors it could open.

[horseyphil] 10/4/2024 08:37

The selling was probably CGT-related. There were lots of smallish trades. Likely there was more CGT activity than usual this year, ahead of the reduction in the allowance to the derisory £3,000 a year.

Similar pattern with Warpaint (W7L) which, like IQG, was up ~100% over the FY. It dropped about 10% leading up to the FY end. Interestingly, it has recovered this fully after a positive TU, and I would expect IQG to do the same on any positive news.

[p1nkfish] 10/4/2024 05:42

If it falls by a decent amount I think institutions will step in to take advantage and we will see more newsflow too.

Such a fall would not surprise me. They happen.

[w13ken] 10/4/2024 00:09

Good interview with Raf and, as the Bloomberg article indicates, energy and network demands will only grow exponentially from here, which bodes well for IQGeo's solutions.

Aside from Richard, Haywood & Raf, it's fair to say that all of the extended management team at IQGeo are uniformly excellent. We've not met the CTO yet but we should hear more on the upcoming technical roadmap soon.

I've no serious concerns about the recent share price drop. To misquote Field of Dreams: "If you build it, they will come".

[p1nkfish] 09/4/2024 22:31

12th March, some of the needs of the EU grid upgrade, 2nd part of the page.


This is today, related to trading power but the dynamics feed down to the field level.
"“As more and more grids get liberalized, the trading sphere gets even larger,” said Holtum."



If IQGEO can't exploit a small % of this opportunity something is wrong.
At their margins they only need a very small %.

[p1nkfish] 09/4/2024 21:17

Today - Raf Meersman

[p1nkfish] 09/4/2024 11:45

Should be away across water, dates yet to be set, but around then. They will probably put it on the web?

[w13ken] 09/4/2024 11:24

The AGM should be around 16th May. Perhaps they will take questions. Have you considered attending pf?

[p1nkfish] 09/4/2024 10:23

I think it's impossible to bang the drum loud enough or often enough when it comes to gaining some momentum in Utility adoption. They are glacial.

[p1nkfish] 09/4/2024 10:20

Good to see IQGEO in the US coming out to preach.
Need more of this in Europe too.

Stir the pot, highlight & stress the compelling reasons for change and then point to the solution that will help achieve the change needed following the best avialable path - Adaptive Grid.

[p1nkfish] 05/4/2024 10:14

If there is inflation hedging on renewals that is one less thing to be concerned about especially if the renewal is low touch without much expenditure associated with it - there would have probably been costs associated with the win originally that reduce after year 1 = higher margin for that renewal.

[p1nkfish] 05/4/2024 09:58

Hard to predict but I do expect a fair few will have booked profits and offset losses and then be looking where to allocate any new funds - TBD.

The Grid light is hidden under the bushel. Probably not glowing brightly yet anyway but I suspect it will over time so being a seller here, even if highly valued, doesn't look very clever unless there is another good reason for the individual that does sell.

[w13ken] 05/4/2024 09:49

Nice detective work pf 👏
Customers will be sticky once they're locked in to IQGeo. The share price has recovered a bit today, which is against the grain.
It's the last day of the Financial year so I imagine we'll have more buying again next week.

[p1nkfish] 05/4/2024 07:18

What looks like some proof of inflation protection.
WAPA (US Western Area Power Authority) is due for renewal in May. Small number but none the less an automatic compensation for inflation.

May 2024 = $265,193
May 2025 = $290,265

9.45% increase on a renewal.

Google: OSDBU Acquisition Forecast_April 2024-2.xlsx

If that type of increase occurs elsewhere it offers some protection for what is a light touch software renewal.

[p1nkfish] 04/4/2024 19:02

Keep it as lean as allows them to deliver the growth but no leaner.
Op-ex and cap-ex tightly controlled.

IQGEO will need to stand out in the AIM as competition for investment $ is going to become even more intense across all markets. Even some old boring companies that have been dead in the water, but now adopt the right new tools properly to boost productivity, will compete for $ and gain attention as their op-ex falls.

Have been looking for some that could really be perked up on the adoption of AI especially if they also manage to gain growth in top line as well as reduced op-ex.

One reason why having more than Fiber as a string on the bow will be needed no matter how long IQGEO say the Fiber runway is. They have to compete for investment.

[w13ken] 04/4/2024 15:48

Interesting new track: Get partners qualified to a high standard so that IQGeo remain a leanly staffed company focusing more on software development & sales than software support.

[w13ken] 04/4/2024 10:09

I'm the eternal optimist on IQGeo but agree we can't get through to mid-July's Half-year TU above 400p without some major sales wins.

[p1nkfish] 04/4/2024 09:12

Little buying support at these levels so depending on who wants to get out, at what volume and by when, we might see a sub £4 price and possibly mid £3's. End of tax year doesn't help as some of this is probably profit booking to offset against losses elsewhere.

Clearer picture should be available by mid year when churn subsides and it all settles down to boring again and excitement seekers have moved on too.