Iqgeo Share Discussion Threads

[p1nkfish] 27/3/2023 22:22

So long as they don't excessively inflate the op-ex (headcount) it is looking very good indeed.

The current margins should expand as the recurring element becomes a larger %. It has been squeezed recently. That adds a double positive whammy as revenue grows as it appears it will.

Control costs and this could compound very nicely.

Developed markets are driving it and in time there is a massive wide open field in emerging geographies that will follow the developed areas into fiber, 5G and Grid. This isn't mentioned yet but when the likes of India start to utilise more formal tools IQGEO stands a chance. Probably starting with the likes of Ospinsight adoption (cheap) leading into the other products families.

Ospinsight have distribution in Indonesia and I think a couple of other emerging areas.

Add in Smart Meter planning and Heat etc. Again, they get no mention but areas that can add a fillip to growth.

2024 onwards are the years to really shine.

There looks like a seller in the background. Might be related to the end of the UK tax year or a holding needing trimming after the last year run-up to keep it within allocation boundaries.

Wouldn't be surprised to find it range bound for quite a while until the positive dynamics become more obvious to a wider audience.

260p+ is my guesstimate by end of Feb 2024 if they don't drop the ball. 30% upside in a year.

Dyor research etc.

[p1nkfish] 27/3/2023 20:08

An accumulated loss of £18M to use up.
Hardly something to be proud of but a few years of profit possible without thinking about tax.

[johnwise] 27/3/2023 09:18

27/03/2023 7:00am

RNS Number : 2273U

IQGeo Group PLC Final Results

(no borrowings)

[p1nkfish] 27/3/2023 06:44

Results as expected. Institutional roadshow today. IMC Wednesday.

2024 looks like real showtime if they don't drop the ball or go mad spending on excess headcount.
Much of this year might just be treadwater in a range.

How they move Comsof to subscription will be interesting to see.

Margins should shift upwards over time.

Expansion, headcount etc will be a test of management. Not easy to get it just right. Easy to overspend and damage productivity. TBD.

[p1nkfish] 25/3/2023 10:42

Keeping an eye on the weekly levels. As of today........

To move up convincingly we need a weekly close> 218p. If it does so on volume we probably run for a while.

To avoid a convincing move down we need closes >196p (approx). Any weekly close below and we have a problem.

Depending on the wider market and intentions of shareholders we could swing between both levels for a while until a decision is made one way or another.

Guesstimate target is about 260p by end Feb 2024 if nothing bad happens. Dyor, jmho etc.

[w13ken] 23/3/2023 23:57

It was shared on IQGeo's Twitter feed at 3pm today and although they occasionally share repeat items I don't remember seeing it before.

[p1nkfish] 23/3/2023 17:58

Kestrel will no longer publish their monthly factsheet for general release, only to shareholders and their nominees. Looking over recent performance, that may be the reason. IQGEO stood out as others rolled over.

[p1nkfish] 23/3/2023 17:30

Good find, any idea how long it has been out for?

[w13ken] 23/3/2023 15:16

A very slick online "Video magazine" on IQGeo & Telco has been produced in cooperation with industry experts.

"IQGeo sponsored the research and interviews provided in this Video Magazine. The topics covered are of strategic interest to IQGeo as its geospatial network design and management software is used by telecommunications and fiber network operators around the world. Visit their website to learn Why network operators partner with IQGeo."

Worth a look...

[p1nkfish] 20/3/2023 16:31

Low volume sell took it to 196.5p today. Posts 1265, 1266.
Could now slip towards 184p on any reasonable volume of sales.
Proper reversal needs about 217p.
Interesting to see if the results make much difference outside of a short term bounce.

[p1nkfish] 18/3/2023 11:19

What happened to land at expand at Duke Energy, nearly 4 years since they presented together at AGA? Duke had a hotch-potch of GIS to tie-up.



Duke were #2 on market cap this time last year.

[p1nkfish] 18/3/2023 11:00

YES!

"In the past, RP has talked about how much bigger the utilities business could eventually be than fiber, and would hope to see that line developed further in this report and presentations."

[horseyphil] 18/3/2023 09:42

Agreed, the outlook statement is absolutely critical.

What we don't want to see is use of 'challenging' or talk of clients deferring or delaying projects. Telecoms-related companies Spirent and Calnex both produced decent results but expressed caution about the market going forward, and the share prices of both tanked.

Lots of companies in other sectors have been similarly treated by the market if the outlook is cautious, no matter how good the figures they report.

An upbeat outlook, combined with the financials that we know will be good, should support the current price, and I could see the share price rising if they can report major progress outside of fiber.

In the past, RP has talked about how much bigger the utilities business could eventually be than fiber, and would hope to see that line developed further in this report and presentations.

[p1nkfish] 18/3/2023 08:50

We know > £26M revenue so that's in the price.
Forward look will drive valuation, probably.

[w13ken] 17/3/2023 17:01

RNS just out: "IQGeo is pleased to announce that that it will publish its results for the twelve months ended 31 December 2022 on 27 March 2023." with Investor Meet on the 29th.

[w13ken] 17/3/2023 16:57

Good spot RN, here's the free part:

"This Stonking Small Cap’s technology is in high demand.
This fast-growing company’s award-winning software is in high demand as utility and communications network operators seek to get to grips with their sprawling networks and meet their digital transformation ambitions. A string of significant contract wins has lifted the shares, but it remains a small company in a huge market with significant growth potential, as you can discover here.

The inability of utility contractors to know the location of essential pipes and infrastructure has highlighted the requirement for this company’s technology, as processes developed 20-30 years ago are simply no longer workable in the current environment.

While shares in this fast-growing company have had a strong run over recent months, it remains a very small company in a very large international market.

A series of bolt-on acquisitions over recent years have also added relevant technologies and…"

[red ninja] 17/3/2023 15:53

I see Iqgeo has been tipped by Investor’s Champion website on 10/3/23. It’s a pay to see site.

[w13ken] 17/3/2023 13:22

My #1 holding and among the steadiest in the recent share price swings. I will top up if it drops below 190p as future success looks all but guaranteed with the team that Richard Petti is putting in place.

[p1nkfish] 17/3/2023 10:55

Was expecting some fall back in price. Could go further. Results are largely known from the TU so no positive surprises there next week.

End of qtr, end of tax year effects.

Also, needs to show it's not just a fibre play. The more diverse on end markets and geography the better. Looking too fiber biased imho and the question becomes what happens when roll-outs are complete?

If it breaks 196p then its heading a decent amount lower.

Word is consolidation can happen much quicker than we might expect. Either as a further buyer or as a target. Various potential parties inc Constellation and CGI as well as other really obvious suitors.

[p1nkfish] 14/3/2023 07:12

Kestrel probably can't step in this side of results as they have a NED on the BoD in closed period.
I can see 196p-198p being possible should anyone sell very much.

[p1nkfish] 12/3/2023 09:35

Interesting to see what happens to price between here and results as weekly MACD has just crossed negative implying a weaker backdrop to price for a while. Can Kestrel step in or is it heading lower?

[p1nkfish] 10/3/2023 17:41

O/T, Kestrel had a kick today.
Oct 17th 2022 AFRN was 10% of their portfolio by value.
Since then fallen about 75% with today a waterfall on the AFRN price.
IQGEO element of their portfolio will have increased in % as a consequence.

[p1nkfish] 10/3/2023 08:07

IQG might have parted with Oracle Cloud, perhaps added little value.

Interesting volumes recently even at 214p. So far firm ahead of results.

Wider market could be interesting today.

[w13ken] 07/3/2023 12:34

Yes pf, 22nd March last year. For a 2023 forward look we should get an update on Japan, AT&T and how the Comsof integration is progressing. Should be an interesting one, hopefully with a detailed presentation.