Iqgeo Share Discussion Threads

[w13ken] 14/7/2023 16:59

Yes, loving this recent jump. I'm 123% up but feel there's more to come with their direct challenge to Esri's ArcGIS EUN upgrade and the strengthening of the global team. My #1 holding and 25% of my ISA portfolio value but I'm holding tight.

I don't think this is over exuberance by PIs as the shareprice movement seems rather too large. We've not seen any RNS's on II buys either.

The TU is imminent and should arrive next week. Maybe there have been leaks.

A bid rumour is possible but I hope it's not that as I'd love to see where IQG could be on their own steam in 3 years time.

[p1nkfish] 14/7/2023 15:44

End of first week after end of H1 and.. . . ends that week on an all time high.

Also happens to be over an "00" price boundary.

Interesting.

[p1nkfish] 13/7/2023 05:38

Search this thread for "cup" to see possible next targets.

So far it has played out in a text book fashion.
If the next leg does too this is heading towards the target mentioned in one of those posts.

There are a few posts, post 1333 mentions next leg after breaking 297p target and through 300p.

Not guaranteed but interesting that around 297p was forecast after breaking through cup & handle so why shouldn't the next leg also come to be? No timescales though.


Edit: if this follows a text book cup and handle the target price is 477p-500p. Dyor etc.
No timescales but if 2024 is as good as it has potential to be then 18-24 months. Sit through volatility as trading it looks hard at any reasonable volume. I'm often wrong so double check yourself.

Post 1333, 11th May, target was around 468p and called 297p well. I think 450p+ is not at all impossible if it continues to follow the play book.

[p1nkfish] 13/7/2023 05:30

Now broken upwards out of the cup and handle going back to around Feb 2014.

The structure is classic and a lovely shape. Break-out usually results in further upward momentum that appears to be the case here now.

I expect H1 results will be OK but not necessarily stellar. Fireworks possible FY2024 or a little before in anticipation of 2024. Costs will have increased, probably before the much extra revenue shows through, but costs settled by 2024 with the revenue coming through (and some) leading to a better bottom line as new headcount helps revenue growth and customer penetration.

TBD.

It would be a great bolt-on for a larger s/w house looking for a vertical market add or to fill their own gaps. If that happens it should be at more than £3 by a decent margin imho.

[p1nkfish] 13/7/2023 05:22

Usually one of 3 main things........

1) over exuberance and bandwagonism stoking momentum, or,

2) so close after end of a half, some leaks that results will be stellar before results released, or,

3) some hint of a bid for the company has leaked to the market.

Always the chance there is real belief by new buyers that this will compound now for the next 3-5+ years so today's price will look cheap by then.

I do believe it will compound and if they are careful with expenses it will compound with a capital light structure. One reason I hold on top of the dynamics of the markets they address that are very accommodative to someone upsetting the status quo with a set of more mobile, field-first, tools.

GLA, dyor etc.

[w13ken] 12/7/2023 12:51

There's been a 20% spike in the shareprice in 24 hours! Any theories?

[w13ken] 12/7/2023 07:35

Business Weekly on the new contract extensions.

[w13ken] 12/7/2023 07:32

It looks like the German business may be GlasfaserPlus, a full-fibre joint venture of Deutsche Telekom. They were already working with Comsof.

[wjccghcc] 11/7/2023 16:40

Fair point.

[p1nkfish] 11/7/2023 15:59

It's badly worded in that case WJCCGHCC and they should have written TCV (total contract value) instead of ACV (annual contract value).

[w13ken] 11/7/2023 14:47

What happened in the last hour? 11% up at one stage!

[wjccghcc] 11/7/2023 14:20

I think it means the ACV is over 3 years, so 667k p.a.

[p1nkfish] 11/7/2023 07:10

Edited:

Germany is a minimum of €2M over 3 yrs.

US is about $700K p.a. for 3 years.

[p1nkfish] 11/7/2023 07:03

Excellent news of cross-sell and land and expand.
Success breads Success and higher moral in the workforce which help a company spiral upwards.

Well done.

Some recent sellers may regret it.

Soon we will probably see small then progressively larger wins in the Electric Grid space. Give it another 12-24 months. If so, the party will really get started as the penny drops that IQGEO has the right offering at the tight time in the right spaces at very good margins. Offerings that are sticky, relationships that are deep and lasting. Morphing into Enterprise needs.

Those types of company are rarely cheap.

[p1nkfish] 10/7/2023 21:51

A good hire with original Smallworld experience from early on, 1992. Must have a depth of contacts that can only help gain exposure for IQGEO offerings.

[p1nkfish] 08/7/2023 20:55

6th July in BTR - [...]

[p1nkfish] 07/7/2023 07:31

I keep an eye on 1sparial but don't hold it.
A positive TU today.
Hope that's a sign of things to come on any TU at IQGEO also.
Different markets but all GIS related and s/w.

[p1nkfish] 03/7/2023 22:57

Probably TEPCO. Largest Electric Utility in Japan and 4th largest globally. Given a % of admin staff, chances are all field and maintenance staff (with the extra 10K announced today) have a licence. Not easy to unseat IQGEO there now. Similar performance at a US utility would like a fire under this imho.

"In the fiscal year 2022, the total number of employees at Tokyo Electric Power Company Holdings, Inc., also known as TEPCO, stood at approximately 27.59 thousand."

[w13ken] 03/7/2023 07:34

IQGeo get very little Financial press coverage but this update is on Proactive.

[w13ken] 03/7/2023 06:54

Similar to last year with a pre-Interims TU sign-up launching an acceleration of the shareprice. Once IQGeo land the customers will nearly always expand.

[p1nkfish] 03/7/2023 06:48

Question is, was this already in their forecast for 2023?
If so it won't change much.

It does state it is "new" but not whether it was in the existing plan, an order expected to land.
Obviously, new incremental business, not in any plan, offers more upside vs market expectations.

[p1nkfish] 03/7/2023 06:23

Good news out of Japan, around > £500K annual uplift.
Probably TEPCO.

[p1nkfish] 28/6/2023 14:36

Wonder if some book tidying taking place in time for end of H1.

If so we might have a little bit of a reprieve next week but a chance of a washout before end of Fri 30/6, this week.

[p1nkfish] 21/6/2023 21:33

Hope so but have given up prediction. Wouldn't mind seeing someone make a bid as next level acquisitions by IQGEO are likely to bring increased risk and not be cheap.

Best outcome is a Grid win or two vs ESRI and independent organic growth imho.

[w13ken] 21/6/2023 21:00

Not long to wait now as last year's Trading update was 14th July with an RNS on 4th July about signing up a Global top 5 telecom operator (AT&T I believe). The shareprice just a year ago was 130's/140's so it's been a tremendous climb since then.
I would not be surprised if there is another contract announced in the coming weeks and we breach 300p this year.