Iqgeo Share Discussion Threads

[w13ken] 24/4/2024 08:42

I saw the fastest growing list (IQGeo #90) and noticed it was based on pretty old results. We can expect a higher position next year.

I hadn't seen the Small Cap awards though so good spot pf. Interesting, and it has a prestigious panel. IQGeo are up for Technology of the Year and Company of the Year. My odds are good on the letter category as I own shares in 3 of the 5 nominees: IQGeo, Kitwave & Warpaint 😀.

All are having a storming year:
IQG: +33%
KITW: +37%
W7L: +29%

I expect Warpaint would be a better bet for Company of the Year but hope IQGeo win the Tech award

[p1nkfish] 24/4/2024 01:30

Nominated for company of the year:
Result 13th June.

Also in 100 fastest growing:

[p1nkfish] 22/4/2024 22:24

Vast majority of this needs GIS and field workforce connectivity during connection and maintainence. Easy to understand there can be a scramble for capabilities.

[p1nkfish] 22/4/2024 21:48

Page 56 of the annual report.
Average Weighted Option Price.

Petti = 67.9p, total of 2,060,000 with 310,000 left to vest
Chapman = 94.8p, total of 850,000, 203,334 left to vest
Taylor = 46p, total of 121,000, all vested

Two year holding period post vest date and they vest as 1/3 on 1st, 2nd and 3rd date of grant.

2023, total of 1,637,392 options were issued with 250,000 to Petti and Chapman and 1,3871,392 to other employees. Other employees, over time, able to sell without notifying the market.

2023 dilutive potential of shares was of the order of 4,229,000, approximately 6.85%.
Will change year by year.

If management want to sell any now I don't see them getting much above 380p per, possibly lower, even down towards 350p. There's bound to be a time when they will want to cash-out.

Obviously, cashing out on a sale of the company, or at a higher price due to strength of the business, is best for everyone but given the CFO sale last year there might be some dilution and a message to the market at any time.

[p1nkfish] 21/4/2024 17:23

Forgot to add - the volume was between about 374p-376p as a strong hint there is a buy-zone at 370p-376p approx. The buyers would probably have bought with a margin of safety too.

[p1nkfish] 20/4/2024 08:38

Noticed another late trade reported on the 19th but made on the 18th. Sizeable.

91.5K shares for £343.37k.

So 171K shares reported yesterday, a day late, for £644K total. Dwarfs all the other transaction noise and may have helped take some other stop losses out. The buyer is unlikely to be looking for just a 10% upside.

Probably just coincidence but transacted the same day Bentley mentioned being approached and transaction not only reported a day late but appears to have happened after hours if you can believe the timings.

[p1nkfish] 19/4/2024 17:02

Just have to wait. This period will shake-out the easily bored.

[gswredland] 19/4/2024 16:26

That's some trade.Hopefully on the way back up

[p1nkfish] 19/4/2024 16:18

Late reported trade on the 18th reported today.
80K traded at 376p for £300.8K.

[p1nkfish] 19/4/2024 08:12

If memory serves me correctly, I read somewhere that Siemens have an option to acquire Bentley if Bentley are approached by a 3rd party?

[mighunter] 19/4/2024 07:35

Schneider confirms talks with Bentley Systems across Bloomberg

[p1nkfish] 18/4/2024 21:56

Investors holding more than 3% has been updated, to date of 30th March 2024 and can be compared to the figures in the 2023 Annual Report.

73.78% now held amongst the top 7 groups, 1 of which is the Directors.

There has been distribution into a base of lower volume holders compared to last year.

[p1nkfish] 18/4/2024 20:36

hp, didn't see your post, interesting isn't it. There could be a scramble.

There are gaps to be plugged in this market and would be cheaper to buy than to build from scratch when speed is of the essence to capture Gov spending and market share as quickly as possible.

IQGEO is small beer, a product line gap plugger.

[p1nkfish] 18/4/2024 18:54

Bentley interesting today, a very decent bounce. Not clear if this is segment related or specific to Bentley. If segment related we might see some of it soon. Big Bentley volumes.

[w13ken] 18/4/2024 18:25

I hope they will. My trading is not working out so well!
I might stick to long-term in the ISA.

[p1nkfish] 18/4/2024 16:44

Interesting to see if anyone steps in to buy if the price goes much lower. A weekly close below 353p will not be good. The daily already looks poor.

[w13ken] 18/4/2024 16:11

New IQGeo blog out: How UK altnets can optimize fiber rollout with an integrated PIA strategy.

It tells us more about how IQGeo's software links in with the Openreach Physical Infrastructure Access (PIA) environment. This database of ducts and poles enables altnets to understand the current Openreach network infrastructure and use it efficiently in their own fiber rollout planning, dramatically reducing network construction costs.

[w13ken] 18/4/2024 10:56

The first of the IQGeo Meetups (EMEA) is on the way - tickets £125-250. Americas & Japan to follow.

IQGeo EMEA Meetup 2024
Date: 03 June 2024
Venue: the Møller Institute, Churchill College, Storeys Way, Cambridge, UK, CB3 0DE
IQGeo's popular Meetup event returns to Cambridge on 3-4 June 2024

[w13ken] 16/4/2024 16:07

Just bought more in my Trading account at 387p 👍

[p1nkfish] 16/4/2024 08:18

We know where they stand so below are the 2 main factors for me going forward:


1) "We have market leadership presence in North America for the telecom industry and in 2024 we will be working to establish a similar reputation across the electric
utility industry." PAGE 23. Slower moving but a much bigger market. One that could catapult IQGEO into the big league.

2) The other factor will be when ARR exceeds service revenue for the right reasons - both growing. PAGE 21. When that occurs they should crow about it loudly. Ideally ARR > non-recurring services + non-recurring software revenue but ARR > non-recurring services alone will be a big milestone.


Upper management have substantial incentives via stock-options at relatively low price. Let's hope it doesn't make them too cozy and they are still driven enough to exploit this opportunity to the n'th degree. Sansoms share sale was well timed for after year end so he still shows as a higher % owner.

Credit to Robert Sansom for not taking remuneration over the years.

[w13ken] 16/4/2024 07:37

The Annual report is out today and, with over a 100 pages, there's a lot to take in. It's beautifully designed and even that is an indicator that the company has quality stamped through it like a stick of rock.

The AGM is on the 15th May. I just bought some in Trading at 406p and will buy more if it drops below 400p - DYOR.

[w13ken] 11/4/2024 11:08

One or more of them mention ISPA on their websites. With IQGeo being a paid up member now there should hopefully be some pitches made to them.