Iqgeo Share Discussion Threads

[p1nkfish] 08/12/2021 14:12

If this isn't a long term consolidation around 130p I don't know what is. Look at that chart and little volume.

Will it spike up or will there be some corporate action (acquisition) to increase the float and let more holders in?

A spike down possible but I think there are people in the wings waiting to buy if it droops too much.

What next?

[p1nkfish] 08/12/2021 07:43

They will gain more kudos as soon as proven profitable.

The bigger players are very risk averse and will look into the balance sheet before committing - hence the cash holding at IQG to offer some certainty.

Reach profit breakthrough with a sustainable forward look, plus enough cash in bank, and they will be taken more seriously as ticking more boxes on the risk front, imho.

[horseyphil] 07/12/2021 07:43

They finally seem to be geared up for a major push into utilities. Exciting.

In the Proactive interview of 23.03.21, RP talked (from 5:30) about the potential of utilities to be a much bigger long-term market for IQG than telcos, pointing out that there are 5 times as many utility companies as telcos, and discussing the major drivers of a 'once-in-a-generation' change in the utilities market.

Apart from climate change, government regulation etc that he discussed, this whole area of disaster planning and recovery must offer huge potential.

[p1nkfish] 06/12/2021 08:19

A couple of other director buys wouldn't go amiss. Not just Kestrel and Petti.

[p1nkfish] 06/12/2021 08:03

CEO bought a little (£10K) meaning no corporate action for a while, just organic growth. Good.

Utilities should be a bigger market than Telecom, if somewhat slower to start, so last weeks release is very important.

CEO has skin in the game, 200K+ shares and 1750K options.

There is a seller to clear. News might help but I guess none due for a while after this buy.

[p1nkfish] 05/12/2021 09:21

9 days later there are still this many cut off, about 3900.


Because it's up north few could care less.

What about Ofgem getting aggressive to ensure proper disaster recovery planning is in place with network mapping and full management?

Financial compensation doesn't cover the total inconvenience to all concerned and is probably insured for. Insurance companies should increase premiums and might be an idea for IQGEO to talk to insurers.

Properly implemented IQGEO could reduce risk, down time and reduce insurance pay outs.

Perhaps they already market to insurers as a way into utilities?
I can imagine a business case to support that activity.

[p1nkfish] 04/12/2021 14:17

The disaster recovery after ARWEN is abysmal.
Compare to TEPCO.
If this isn't an advert for IQGEO I don't know what is.
The utilities in the North West need a rocket up their ass.
Their job is supposed to be 24x7, low downtime and quick recovery.
Shambles.

[p1nkfish] 03/12/2021 09:04

Forgot to add, the cost of IQGEO product in the great scheme of things for the Telcos etc is noise but the potential value add is very large. IQGEO offer a compelling reason for adoption.

The problem with the big players will probably be the layers of management and suits that need to be convinced to make a decision/change. The larger the company the deeper the sludge and the greater resistance to change.

A good reason to build a base in smaller, nimble, disruptive, new players in the space.

[p1nkfish] 01/12/2021 20:12

Ready for next leg up on good news.

1st Dec. - Elec and Gas Utility Network Manager now in wider release.

1st Dec -

The ISEMAG article is interesting and notice the subtle promotion of IQGEO-OSP only at the end.

I still think this is heading much higher as they hit cashflow positive in 2022. TBD.

DYOR etc.

[p1nkfish] 25/11/2021 22:56

2x 47K trades reported late from yesterday.
Someone (or people) are selling down.
Some positive news might help speed up the distribution.

[p1nkfish] 25/11/2021 10:47

Needs to hold 130p else next stop is 126p.

[horseyphil] 20/11/2021 15:01

RW seems more like a traditional Geographer-based GIS person than the engineering types at IQG. He might fit in better at 1Spatial. Plus, 1Spatial has a significant established operation in the EU.

The shares have traded in a very narrow 130-134p band since mid-September and 120-134p since April. The Bollinger Bands are very close together. In the past this has been followed by a move up in price. Need a catalyst. Encouraging that sells have been quickly mopped up, and not all by Kestrel either.

Suspect that staffing is proving a limiting factor, and might be holding them back from making a big expansion push in Europe - might be tough enough just to fulfill existing contracts.

Still suspect that an acquisition will be announced soon.

[p1nkfish] 20/11/2021 12:32

Left November, 3 months notice would be about Aug give notice, useful period of work no more than 5 months. Waste of money.

[red ninja] 20/11/2021 12:00

Richard Weiss was at IQGEO for 9 months according to his linkedin profile March - November 2021.

He seems to have 2 jobs on the go Geoimpact (co-founder) and Rio Grande (founder).

I wonder why he left ? There is probably an easy answer to that 1Spatial made him COO ie career advance and more money.

I am not surprised they are having problems getting GIS skilled people as it sounds like there is not a vast pool of skilled people out there.

Richard Weiss IQGEO leaving comment on linked in was :-

"Career change! Having spent a somewhat condensed but very productive time with the excellent people and truly innovative software at IQGeo, I am now excited about taking on a new challenge as CCO for 1Spatial Group. 1Spatial understands better than anyone that complete and accurate geospatial data is essential to better decision-making in any enterprise."

[p1nkfish] 19/11/2021 07:50

So lacking head of European sales and CTO. Both roles that can help drive growth if filled with the right people

Europe majorly disappointing from what we see currently.

[p1nkfish] 18/11/2021 23:49

Richard Weiss - has jumped ship to 1-Spatial after very little time.

He was probably on 3 months notice (?) and started March 1st approx so was there about 5 months.

Suggests IQGEO have not gained traction in Europe or he was a bit weak?

I guess he didn't bring much to the party given lack of big wins in Europe.

A bit of news would you go amiss before year end.

[p1nkfish] 18/11/2021 23:23

This may account for Swish Fibers ambition if the capture a wadge of this in the south.
Alt-nets Inc Swish target 29.9M premises by 2025.
They won't get there using old roll-out admin and planning.

[p1nkfish] 18/11/2021 23:06

Generally interesting........

NOV 2021 - Vacancy alert - We are seeking an Account Executive with experience of managing large Investor-Owned utility accounts to join the growing team.

Notice plural and large.
"Investor-owned utilities serve THREE out of every FOUR utility customers nationwide."

[p1nkfish] 15/11/2021 17:28

Or a reasonable contract win outside of NA?

[horseyphil] 15/11/2021 15:51

RP says 'watch this space!'. Another acquisition maybe?

[p1nkfish] 15/11/2021 14:42

15/11 - Better late than never, IQG's media output has had constipation recently.

[p1nkfish] 15/11/2021 14:30

2 late reported trades of 96k shares each on 11th Nov.
Kestrel picked up 40k for discretionary clients.

The seller still active but can't be too much longer and if a 3%+ holder reaching a point of having to declare.

My main question now is at what point in the next FY does IQG hit breakeven and get the flywheel to create cash?

[p1nkfish] 10/11/2021 07:50

From various sources - Openreach says cost of adding homes to new network has dropped 15%.

Doubt its due to IQGEO else there would have been news but 10% deployment costs reduction would be no surprise along with a high percentage back office time savings - in total I could imagine approaching 15% compared to old methodologies.

A lot of the savings probably come from STL and Nokia and Esri have the geospatial all sown up.

[p1nkfish] 08/11/2021 12:42

Small Kestrel purchase for discretionary. 4/11.
May have further opportunity by the looks of it as someone slowly selling down.