Iqgeo Share Discussion Threads

[horseyphil] 25/3/2024 11:06

Lots of really positive stuff in the IMC presentation, in particular Richard Petti's response to Question 7 where he indicated strong II interest and demand for shares.

Any thoughts on the Workforce Management companies that Haywood Chapman suggested might be an area where IQG could look to make an acquisition?

[w13ken] 24/3/2024 23:51

Confirmation that IQGeo did win an award for Planning, workflow, mapping/GIS, and AI software last week:

📢 We are thrilled to have been honored with the FTTH Innovation award from
@FTTHCouncilEU
for our Network Manager Telecom software! 🏆 Learn how our software is transforming fiber deployment and enhancing network efficiency in the telecom industry:

[w13ken] 24/3/2024 23:12

I listened back to some of the call and and here is the full answer to the dividend in the next 18 months question. Looks like there could be another purchase on the cards after all...

"We want to continue investing that cash in growing the business. We've shown there's a huge addressable market and we would like to chase that as much as possible, investing in R&D and sales. Our Product set is pretty complete but we would always consider further M&A. I think we've been very good with the M&A we've done, we've bought some really good companies and we've integrated them really well and I think we've got a really good track record so could do that again. There are certain specific products that we would look at, things like Workforce management...again we sell a lot of mobile licences...so we don't foresee paying any dividends in the next 18 months."

[w13ken] 22/3/2024 23:14

Ha ha, I've been to that massive Brewdog in Berlin so they probably overdid it :)

[p1nkfish] 22/3/2024 21:36

Just watched it. Good.
Both look like they had a late night!

[w13ken] 22/3/2024 17:45

It was a solid, professional update with good supporting slides and a clear vision laid out. As expected, there were no fireworks or irrational promises and Haywood ruled out dividends in the next 18 months, preferring to reinvest in the business.

The potential is there for all to see but I can see fickle holders bailing if news is light until July's midyear TU. Hopefully there will be some wins or director buys before then.

[p1nkfish] 22/3/2024 14:02

Will watch IMC later or tomorrow.

[w13ken] 22/3/2024 12:50

pf, that Cavendish report is excellent - thanks for steering me there. The word that jumps out for me is Conservatively, with 54 mentions. Looks like they are sandbagging and there will be a chance to upgrade estimates in the coming months but a £5 target will do nicely for now.

This afternoon's Investor Meet presentation is a must-watch. I've been actively encouraging investors on Twitter to join the call so we may get a few newbies here. Incredible that IQGeo has climbed over 800% in 5 years and isn't a bigger name. Still maintain this could be £Bn company in the next 3-5 years.

[p1nkfish] 22/3/2024 12:32

Had a look see at at DER installation of Solar and Battery - 5.8Kw - relatively small. Very interesting inc need to pull-in supply/demand info from the Smart Meters for billing and billing process depending on the time of the day when the DER can supply the grid - earn. Gets complicated and demand profile of the DER can also come into play to avoid depletion of the storage as can weather and it's all related to GIS.

It is the future. Will become more common and proper documentation for installation, at installation, really needs to be in the hands of the field installation people - mobile first. Including taking photos for archive. All then added to the SOR at base to build the Network record.

IQGEO can "support data feeds from millions smart IoT network devices", see........Professional Integration Framework - confirm they can handle millions of IoT data feeds on a mobile platform.

AI over all of this for profiles of demand vs time vs supply all vs location of supply & demand and the weather forecast +++. The longer they collect the data for the more predictive and efficient. A true smart grid is just beginning to be formed. TBD. There will be need to be met for years, it's still very early innings.

Dyor etc.

[p1nkfish] 21/3/2024 21:50

A possibility IQGEO won an innovation award at FFTH 2024.
I don't use twitter/x and can't see precisley but think its for the "Planning, Workflow, Mapping/GIS, AI Software" section. That is the only category IQGEO makes sense to win in.

[p1nkfish] 21/3/2024 18:36

If you get the note and read it thoroughly, post what you think.

[p1nkfish] 21/3/2024 16:05

Register for free with Cavendish.
Just find Cavendish Research Portal and register.

[w13ken] 21/3/2024 15:24

Sounds v good pf. Do you access the report directly, via Research Tree or elsewhere? I don't currently pay for any broker reports or financial tools outside of ii Trading and Simply Wall Street.

[p1nkfish] 20/3/2024 22:07

Just had chance to download and read the Cavendish note.
Everyone that reads here please register for it and have a good thorough read.
It outlines ADAPTIVE GRID and even I am amazed at the spending expected & potential for IQGEO revenue.

W13, Cavendish note mentions "potential shareholder returns in the medium term".
Expecting net cash to rise to £20.1M in FY25 and possibly fuelling acquisitions.
Ideally they won't need to dilute if they buy something.

It mentions conservatively/conservative 59x.
Do you think they want the message to come across the figures are conservative?

If they are conservative there is a real chance of an upgrade as the story unfolds further.

[w13ken] 20/3/2024 16:15

I'm liking this rise's effect on the spread: 18p last week and 8p now

[w13ken] 20/3/2024 15:41

Hopefully you can see this tweet where I compare IQG's share price rise over the last 5 years to Microsoft, Meta, Alphabet & Amazon.

[p1nkfish] 20/3/2024 14:22

It needn't be a national grid, it can be regional via a regional operator. Micro-grids are probably too small to warrant it but certainly connecting a great deal of renewable energy will need a grid to be adaptive as the resources are first connected and thereafter as their generation capacity and demands ebb and flow.

It also includes Car Chargers as they are/will be major demand sources for fast charging at service stations etc.

Cars are a law unto themselves and some of the car companies are looking at cars as a source of energy storage during peak demand or disasters so the energy is bi-directional. The owner will be paid if energy is pulled off their vehicle - it gets very messy - car location will be known, location of demand known, charge state of the car then add an AI engine. Sounds whacky but is in serious consideration as each vehicle is stored energy on wheels in a network. Give it 10 years to see if it gets off the ground. Car companies looking for new business models outside of shipping metal + rubber + battery + electronics.

[w13ken] 20/3/2024 14:16

Loads of positive coverage in the financial press. Maybe weekend tips to follow...

[smithie6] 20/3/2024 12:50

What is an adaptive grid in this context ?

Automatic control of a country's power grid ??....I have no idea...

[saucepan] 20/3/2024 12:40

Helpful information above; thank you.

[p1nkfish] 20/3/2024 12:33

The above implies Grid takes longer to land but progress is being made and results will show through.

Grid is larger than Fiber so there is a lot to go after and IQG are investing further in the Grid offering. (Most likely after feedback from the market - my 2c).

Customers trust IQGEO and wins will be transformational to the customer and the foundation of long-term software usage.

Dyor etc.

[p1nkfish] 20/3/2024 12:29

Looks like results exceeded TU in January. Cavendish upgraded adjusted EBITDA upwards by 5% at the January TU and IQGEO beat that by 2% in the final results.


GRID IS THE VERY IMPORTANT MARKET THAT CAN CATAPULT IQGEO FORWARD.
13 mentions of Grid in the results. Emphasis below is mine.

"Our Integrated Network solution is now well established as a market leader in the telecom industry, and we are BUILDING SIMILAR MOMENTUM in the electric utility industry for our Adaptive Grid solution."

"Our Integrated Network and Adaptive Grid solutions are GIVING broadband and electric
operators the LONG-TERM SOFTWARE TECHNOLOGY FOUNDATION they need to build and maintain the networks of the future."

"While the speed of the grid transformation may be slower than fibre deployments, because the ADDRESSABLE MARKET IS MANY TIMES LARGER than fibre, the OPPORTUNITY for our Adaptive Grid software solution is SIGNIFICANT. In response to this opportunity we are actively investing in our utility software offering and have seen success in 2023 with a SOLID LIST OF NEW electric utility customers that view the IQGeo software as STRATEGIC to their GRID TRANSFORMATION OBJECTIVES."

"........customers trust IQGeo's Integrated Network and Adaptive Grid solutions."

[w13ken] 20/3/2024 12:03

More on that FTTH meeting in Berlin. Remember that IQGeo EMEA SVP Raf Meersman is President of FTTH Council Europe.

With the recently published White Paper, @EU_Commission indicated its goal that by 2030, 100% of our citizens, and companies should be connected by #fibre. The Commission will now work on creating the legal conditions that make 2030 the ultimate date to use copper networks.