Journeo Share Discussion Threads

[spaceparallax] 25/3/2022 08:49

Well done Journeo - repeat business is always great news.

[spaceparallax] 03/3/2022 10:28

Am currently listening to an R4 programme on women's safety - surely, Journeo have tailor made offerings to provide great deterence on public transport?

[mgsmith] 02/3/2022 11:54

I agree I find the management strategy of presenting next planned phases of existing contracts as new contracts rather annoying.
I note they delivered late on the first phase and am getting a bit worried about the profitability of the company vis a vis supply chain and inflation risks.
Let's see what the imminent annual results have to say

[adin1] 02/3/2022 09:08

Edinbluuuurgh again ............. When did they win this 2019? So boring announce something new and stop re-hashing the same old story!!!

[spaceparallax] 01/3/2022 09:35

I'm happy to take the glass half-full outlook in respect of this announcement.

[weatherman] 01/3/2022 08:02

A second announcement of a previous contract. This was in the press a couple of weeks ago - will wait to see how that pans out.

[vfast] 01/3/2022 07:42

Journeo plc

("Journeo", "Company" or "the Group")

City of Edinburgh - Passenger Information Systems Purchase Order
Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators and local authorities, is pleased to announce that it has received a £2.1 million purchase order from the City of Edinburgh to upgrade its real-time outdoor passenger display systems estate.

The purchase order includes the supply and support of over 400 optically bonded new displays as part of the second phase of a 5 year £4.8 million services and support contract originally announced by the Company in December 2019 and follows completion of the initial £0.8 million purchase order for the supply of integrated real-time passenger systems and software for Edinburgh bus station, announced on 27 January 2020.

The new displays will be installed at bus stops and bus shelters throughout the City of Edinburgh delivering multiple benefits, including higher contrast and greater readability in all light-levels with lower energy consumption, whilst providing the travelling public with more feature-rich information such as departure-specific disruption messaging.

The Company expects to deliver £1.2 million of the project this financial year ending 31 December 2022, paving the way for the City of Edinburgh Council to investigate potential new sites to further expand their real-time estate.

Russ Singleton, Chief Executive Officer, commented:

"The pandemic began to take hold early in 2020 shortly after we commenced the first phase of the systems, software and services contract with the City of Edinburgh. Covid-19 safety legislation and associated travel restrictions extended the original programme delivery, however our engineers and developers worked closely with the Edinburgh team throughout the pandemic and in November 2021, we successfully completed the handover of the bus station.

We are delighted to progress on to the second and much larger £2.1 million phase announced today where our management software will deliver travel information and public messaging to over 400 of our latest optically bonded outdoor displays, further enhancing the capabilities and performance of Edinburgh's world-class passenger information systems network".

A digital copy of this announcement will be available on the Group's website: www.journeo.com.

[vfast] 11/2/2022 07:50

I think we will see the share price move up today!

Got that wrong.

[vfast] 10/2/2022 16:57

Noted 48k shares gone through today at or near the bid price and 5k shares near the offer price.

Added 5:17pm 15k shares at 107.5p come through after 4:30pm.

And I’ve check online just before the close of business and the MM’s are bidding up to 50k shares at 107.1p.

I take it that someone is after quite a few shares.

[vfast] 02/2/2022 09:01

Back on the move after being flat for sometime.

I'm sure it won't take much to get it to the 150p mark.

We need another 2 contract wins just to highlight the potential of JNEO to investors and we may be pushing over the 150p level and heading for 200p.

Good luck to all shareholders that have stayed with the company hopefully its our time to be rewarded is coming!

[3bene] 02/2/2022 08:38

On the way to 150p?

[vfast] 01/2/2022 16:54

Nice to see some positive movement now.

I believe it is considerable undervalued at this share price level.

It will be interesting to see where the share price goes on some more positive news.

Fingers crossed!

[3bene] 01/2/2022 08:46

Sorry, Cenkos

[3bene] 01/2/2022 07:49

Census have better distribution than WHI. Good decision.

[spaceparallax] 31/1/2022 14:11

Two pleasing pieces of news

[nchanning] 31/1/2022 12:09

Hit the broker numbers for next year and this will double

[3bene] 31/1/2022 09:17

Very good figures especially whenever you think how covid has negatively influenced the big customers. This year will be breakthrough year with everybody rushing to renew old systems at once.Onwards and upwards.

[vfast] 31/1/2022 07:43

Nice contract win this morning and good trading update for 2021.

Would like to see more wins in the near future.

[vfast] 22/1/2022 12:58

JNEO very quiet and share price has been flat for some time now. I'm expecting some new contract wins/framework agreement statements coming in the near future (first quarter).

I think on any good news we will see another leap up in the share price this year similar to 2021.

[vfast] 08/12/2021 20:39

Thanks Tole, may be just what we need! Pleased I added a few at 109p.

[mgsmith] 08/12/2021 20:23

also don't forget that 50% of the shares are owned by 7 individuals making the stock even more illiquid

[dealit] 08/12/2021 20:07

The bid offer price is off putting to small investors IMHO. Why so large probably because only 7.4 m shares in issue.

[tole] 08/12/2021 18:28

https://masterinvestor.co.uk/equities/time-to-clean-up-with-the-small-cap-picks/Journeo (LON:JNEO) – definitely going in the right directionCan we be only a few days away from another Trading Update from this advanced information systems provider.Recently it has been winning new contracts for its Fleet and its Passenger solution systems. The latest was announced on Monday, £0.8m worth of technology and software for North Wales.Then yesterday the £9.4m capitalised group stated that its agreement with Arriva Bus had been extended by one year, which is worth another £1.6m in revenue.Analyst John Cummins at the group's brokers, WH Ireland, estimates a 'fair value' of 150p for its shares, currently just 110p.Having been up to 138p in late September, the shares having drifted back, look to be good value now.I now see them climbing back up again, with 150p being an easy 2022 aim.I set a new Target Price of 140p.

[vfast] 07/12/2021 18:41

I don't have access to the article, was hoping someone would post the information.

I believe they are good value and took the opportunity to top up after the 2p drop with another 5000 shares at 109p.

There was only one sell today and rest were buys although on ADVFN Trades have them down as all sells.

[pyemckay] 07/12/2021 16:48

whats did the note say? cheers