Iqgeo Share Discussion Threads

[p1nkfish] 20/3/2024 09:31

"Our future is underpinned by global megatrends that will deliver long-term
sustainable growth in our end markets for many years to come."

Says it all really. Not one to trade so long as they have the right products for those trends - they do.
Reach is also expanding so growth from increased reach into markets that are growing. I do like to see such compounding potential. It tends to multiply the revenue impact.

If someone does want to acquire IQGEO it will be well north of the Cavendish target of £5 imho, but I'm often wrong.

Dyor etc.

[mighunter] 20/3/2024 09:23

Confirmed by Cavendish

[w13ken] 20/3/2024 09:15

I think it was an LSE problem and a number of RNSs were released late.

[janeann] 20/3/2024 09:12

Agree saucepan.......... i got a quote but didnthit the button - and then couldnt get a quote so ended up not selling....thankfully!

[saucepan] 20/3/2024 08:59

It is a pity for those who sold when the results did not appear. I was almost tempted myself, wondering if Auditors had stepped in to prevent the release. Delayed results are not usually a good sign.

[w13ken] 20/3/2024 08:38

There's 400p 🥳🥳🥳

[mighunter] 20/3/2024 08:32

Lovely expanding margins

[saucepan] 20/3/2024 08:30

Out now. Look good.

[wjccghcc] 20/3/2024 08:25

Yes I think it's an RNS problem. FDM's results were just released at 8.21am when all their previous results releases have been at 7am.

[p1nkfish] 20/3/2024 07:56

System is strange this AM. Some releases haven't been sent to me but are listed, others expected not yet listed. I usually get a few a day just for Transaction in Own Shares - none shown up my end yet.

[w13ken] 20/3/2024 07:50

Hmmm, no RNS, what's happened here?

[janeann] 20/3/2024 07:50

thought we were due results today............IQGeo is pleased to announce that that it will publish its results for the twelve months ended 31 December 2023 on 20 March 2024.

[w13ken] 19/3/2024 21:18

Yes, typo corrected....cheers

[p1nkfish] 19/3/2024 19:56

Is the call Friday?

[w13ken] 19/3/2024 14:58

Thanks for your thoughts pf ✅

Incidentally, I have raised that question for Friday's call so we'll hear what they have to say.

[p1nkfish] 19/3/2024 14:11

Given the growth rate so far, probably not. Probably a better return on capital by keeping the money internal and as fire power and bolstering the balance sheet. However, wdik, nothing.

Some smaller company might come along and be willing to be bought too.

However, a one off return of capital (?), perhaps, like they did when they split from Ubisense and had excess cash. Ingenta did a one off too, via tender offer. Both have Kestrel as #1 investor.

Knowing where they would buy is difficult if they did acquire as the obvious targets are gone or highly valued or much larger.

I would like to see the cash pile grow for a while, personally. Lots of options if they have cash at hand less likely to need to dilute or raise more if they do a small bolt-on purchase. Could get a positive return in cash for a while at zero risk.

Our enemy will be dilution and/or management hubris.
Pays to pay cash, pays to be humble.

[w13ken] 19/3/2024 12:53

pf, with no likely acquisitions on the way and with ARR growing every year, do you think dividends could be on the way in the next 18 months?

[w13ken] 19/3/2024 11:57

FTTH Council Europe's conference in Berlin starts today and we have heavy influence there. 2030 goals chat will be interesting. Finishes on Thursday - possible reason for the Friday IMC.

"FTTH Council Europe's President and IQGeo SVP of EMEA Raf Meersman welcomes all delegates of the FTTH Conference 2024 and kicks off the plenary session by looking forward to the challenges and opportunities ahead for our industry on the path to 2030 goals."

[p1nkfish] 19/3/2024 10:06

Current price and action suggests tomorrows results are already in the price and possible bit of a sell-off after release. However, forward look will be critical as will Cavendish update if there is one.

I'm expecting there is a lot of work ongoing for Grid that is under wraps and most talk will be of Fiber for now.

[p1nkfish] 19/3/2024 09:53

Pharma/Biotech will turn. There is some real value there with growth prospects.
Timing matters as does checking the balance sheet given problems raising capital currently.

The big trends are useful to look out for and IQGEO is the middle of a few and able to ride them with decent balance sheet and years of experience in mapping assets and able to avoid having the legacy baggage of the likes of GE and ESRI + others and can be nimble.

[w13ken] 19/3/2024 09:43

Thanks pf, I hadn't picked up directly on SPA's bankruptcy risk but noted that cash has been dropping and a fund raise might be on the cards.
Some impressive tools and customers but expansion would be slower with government contracts and restrictions.
You're probably right about just having one horse in the GIS race (I now avoid pharma/biotech after getting burnt) and I'm definitely happier with IQGeo's leading team.

[p1nkfish] 19/3/2024 09:10

One thing to think about........

Who has the larger wall of money hitting the market they service with the better funded customer base?

Does IQG or SPA?

That is always very important to any decision to buy or sell.

DYOR etc.

Just mho, I think IQGEO will have a better ROI to their end customers and pretty quickly after adoption. That is my own thought, I can't point to anything to prove it. Overall productivity and resilience benefit.

[p1nkfish] 19/3/2024 09:03

Have looked at SPA. I use some old metrics and one is Alman-Z for bankruptcy risk and SPA comes out weak to me. It has other things going for it vs IQGEO but I saw that and thought "avoid".

If anything, who wants 2 investments in the same sort of target end market?
Sensible to go for something else in resources, health, pharma, different software target market, services etc and and diversify a little.

The net cash behind IQGEO has always been a comfort.

Noticed Richard Weiss didn't hang about at 1Spatial after IQGEO - looks like he jumped ship.

[w13ken] 19/3/2024 08:47

Massive National Grid upgrade required too.



Has anyone looked at 1Spatial as an investment?