Kalibrate Tech. Share Discussion Threads

[onedayrodders] 03/1/2014 08:35

many thanks.

[simon gordon] 02/1/2014 22:05

Rodders,

From the Admission Document:

History and Background

Knowledge Support Systems Limited was founded by Professor Madan Singh, Dr. Jean-Christophe Bennavail and UMIST (University of Manchester Institute of Science and Technology) in 1993.

From 1984 to 1991 Professor Singh and his team worked on a number of consultancy projects for blue chip companies and other organisations in a number of different industries including petroleum, banking, mass retailing and consumer goods. The skills and industry knowledge gained during these consultancy projects were utilised in the development of software products which could be marketed and sold. These products became the first generation of Kalibrate's intelligent decision support technology and the basis of the proprietary library of mathematical, statistical and predictive techniques known as K3SL.

In March 2000 Knowledge Support Systems Group plc, at the time the Company's sole shareholder, was listed on the Official List with the objective of raising funds to expand the business. A North American operating base was opened in 2001 in New Jersey.

In June 2003 Eurovestech acquired the Company, and the business was then specifically focused around pricing for fuel and consumer goods retailing.

In September 2007 the Company demerged the consumer goods retailing business to form a separate entity, KSS Retail Limited, in order to focus singularly on pricing in the petroleum industry.

In May 2011 the Group acquired Market Planning Solutions Inc. (a leading global provider of retail network planning solutions to petroleum and convenience store retailers and also a provider of retail fuel pricing and software). The strategy for the acquisition was:

i. to diversify Kalibrate's product offering and expand Kalibrate's data analytics capabilities;

ii. to expand Kalibrate's global footprint; and

iii. to increase further Kalibrate's client base in retail fuels pricing.

Following the acquisition of MPSI, the Group is the only global provider of both petroleum retail pricing and petroleum retail planning software and services. The Group's global infrastructure and experience in 68 countries allow it to service clients in all major regions of the world. Products and services are designed to address the specific needs of convenience stores and large format supermarket retailers, petroleum retailers, grocer/big-box retailers, national and multi-national oil companies, independent dealers and retailers in all major markets of the world.

[modform] 02/1/2014 18:56

Vnet is completely different, they make auto valves and software to measure the petrol usage that used at the pump, the same tools used in pubs for measuring beer. Klbt is an optimistation software which gathers data from all the local petrol station and set the petrol prices to maximise profit while remaining competitive.There are that many shares in public hands, so be cautious.I have been holder for a while, and have no intention of selling.Good luck all

[onedayrodders] 02/1/2014 16:47

Weird how much chunkier sales from before midday went through at the bid with no impact on share price and yet 4 modest sells in the last 30 mins had to accept way under the bid ???

11:14:03 118p 16,000 £18,880 118p 120p Sell
9:19:06 118p 10,000 £11,800 118p 120p Sell

15:58:09 110p 2,500 £2,750 118p 120p Sell
15:47:01 110p 5,000 £5,500 118p 120p Sell
15:41:45 115.5p 817 £944 118p 120p Sell
15:36:45 118p 5,000 £5,900 118p 120p Sell

[jakleeds] 02/1/2014 16:32

Yep but it needed a retrace IMO.

[onedayrodders] 02/1/2014 16:30

Crikey look how quicky they ran that down .. 10p off the bid a 10 mins

Someone did say it was very illiquid here

[onedayrodders] 02/1/2014 13:46

many thanks Simon..much appreciated

[simon gordon] 02/1/2014 13:33

Vianet Fuel's corporate blurb:

Vianet Fuel Solutions provides a complete range of services designed to maximise fuel profitability, from calibrating tank gauges to real-time fuel monitoring, so you always know exactly what is happening to every drop.

With petrol prices at current levels and margins under increasing pressure, it is becoming ever more difficult for fuel retailers to make a reasonable margin.

Whether the issue is fuel losses, contamination, leaks, maintenance or forecourt repairs, Vianet Fuel Solutions can help identify the problem.



-----

I think their biggest contract is with Morrisons. They have been loss making, not sure of current situation. They are UK focused. Not sure if their software goes head to head with KLBT's, at a glance, I doubt it.

KLBT are a global company, their client list is of a high quality:

[jakleeds] 02/1/2014 12:27

Onedayrodders, I'm not sure about the link with KMSS.

However, VNET are indeed a competitor, as confirmed in post 20 of the ZULU thread by henryatkin:




Regards

[dewtrader] 02/1/2014 12:08

nice chart lads

[onedayrodders] 02/1/2014 11:56

Hi all.... Just doing some research here. Going back to 2002/3 This seems to be connected to Knowledge Management Support Systems Ltd as it has the same Manchester address and business looks similar. Not 100% sure from what I can pick up from the boards that it was necessarily covered in glory and did all that well ?

But very difficult to paint a picture from 10 years ago

Also are Vianet Group plc (AIM:VNET), a potential competitor ?

Anyone confirm.

[agnes] 01/1/2014 19:49

This is out of the Eurovestech stable- Toluna was the last one which listed at 70p and was taken over at 320p.

[modform] 01/1/2014 19:33

Bought in just after the big win at 92p, invesco the cautious investment manager has 38% of the company. All fundamentals look sound to me.

[trymybest] 01/1/2014 12:27

Well bought in ,very interesting company ,very few shares available in free float one to watch.

Anyone out there with any info

Regards

T

2014 price at start £1.17

[agnes] 26/12/2013 15:35

Think the tax charge is zero- acording to N1 Singers

[simon gordon] 29/11/2013 19:49

Bit of a guess:

June 2014

£2m PBT minus 30% tax = £1.4m divided by 33.2m shares = 4.2p = 21x.

[mirabeau] 29/11/2013 08:12

KALIBRATE TECHNOLOGIES PLC

FIRST DAY OF DEALINGS AND ADMISSION TO TRADING ON AIM

SUCCESSFUL PLACING RAISES £13.1 MILLION

London - Kalibrate Technologies plc ("Kalibrate" or the "Group"), a provider of proprietary software-based products and services to the global petroleum retail industry, is pleased to announce the commencement at 08.00 today of dealings in its Ordinary Shares on AIM, a market operated by London Stock Exchange plc.


Admission Details

The Placing has raised approximately £13.1 million before expenses through the placing of 8,227,848 new shares on behalf of the Company and 8,354,430 sale shares on behalf of an existing shareholder (the "Placing").

Gross proceeds to the Group of approximately £6.5 million, based on the placing price of 79 pence per Ordinary Share (the "Placing Price").

The total number of Ordinary Shares in issue at Admission is 33,227,848,giving the Group a market capitalisation of £26.2 million at the Placing Price.

The Group intends to use the net proceeds of the Placing to accelerate Kalibrate's growth strategy, in particular through the expansion of sales in both core, and into new geographies; investment in product development; funding the roll-out of a SaaS model; development of a managed services infrastructure; and the repayment of an existing shareholder loan.



Commenting on the successful Placing and Admission to AIM, Bob Stein, Chief Executive Officer of Kalibrate Technologies plc commented:



"Investor response has been strong and I am delighted with the success of our Placing. This was a milestone event for us at Kalibrate and I'm proud to welcome on board our new, high-quality institutional shareholder base and look forward to delivering on our promise to them as we move to the next stage of our development as a quoted company.

"We have a clear strategy in place and look forward with confidence to delivering on that strategy as well as to the creation of value for all of our shareholders."

Terms defined in the admission document dated 26 November 2013 have the same meaning as when used in this announcement. The admission document is available on the Group's website: www.kalibratetech.com.


About Kalibrate Technologies plc

Kalibrate is a well-established provider of pricing and retail planning tools to petroleum retailers worldwide. Based on its proprietary software and underpinned by an extensive library of petroleum market data, Kalibrate's products enable clients to devise new market entry strategies, plan and refine existing petroleum retail networks, and react to petroleum pricing changes on a real-time basis.

The Group is the only global provider of both petroleum retail pricing and petroleum retail planning software and services. Accordingly, the Group is in a unique position to support its clients with both their strategic imperatives and their tactical requirements for pricing and planning. Compared to other competing vendors of pricing software, Kalibrate has a dominant share of the US and European markets although there remains a very significant portion of both markets as yet uncommitted to a commercial solution and therefore available for future growth.

The Directors estimate that the Group's products and services target a current global addressable market of approximately £300 million in annualised recurring revenue from both the pricing and planning businesses, with almost half in emerging territories of Latin America, Africa, China, India and South East Asia. The Group is the only global provider of both petroleum retail pricing and planning solutions, competing largely against existing in-house legacy systems. The Directors believe Kalibrate is in a leading position to exploit this market opportunity and grow its market share.

The global petroleum retail market is currently experiencing significant structural change, with certain large countries deregulating fuel pricing and the emergence of fuel pricing compliance frameworks. The market has increasingly seen the consolidation of retail networks, particularly in Europe and North America. Several major oil companies continue to divest retail assets which are subsequently being acquired, largely by convenience petroleum retailers. This consolidation has resulted in larger entities requiring a greater need for pricing and planning solutions and intelligence. The increasing compliance responsibilities in petroleum retailers' day-to-day operations require ever more sophisticated business pricing, planning and data analytics tools. At the same time, the Directors believe these organisations are seeking to take advantage of the opportunities presented by increasing levels of volatility in petroleum pricing and the opening up of new petroleum markets.

Alongside these changing dynamics, the Directors believe that a large number of in-house systems being used by Kalibrate's existing and prospective clients to manage these issues are increasingly unable to cope, and therefore may need to be replaced or changed to meet these new requirements. The pricing of fuel products and the planning of retail chain networks are two critical business objectives for petroleum retailers to achieve greater profits, maintain compliance with regulatory requirements, invest capital in new or refurbished retail locations and achieve strategic objectives whilst also increasing return on investment.

The Group's products have consistently demonstrated a significant return on investment for clients with typical payback periods of less than one year for pricing software and mitigation of fuel site capital investment risk for petroleum retailers.

Kalibrate's client base extends to more than 300 clients across 68 countries. Its clients range from major multi-national oil companies, national and regional oil companies in multiple countries, convenience store chains and large format/supermarket retailers.

Kalibrate has a proven financial track record. In FY 2013 the Group generated revenue of £15.47 million delivering EBITDA of £1.93 million and a profit before tax of £0.88 million.

The Group's Board and senior management team have a strong track record across multiple markets, based upon extensive expertise of technology product development and of the petroleum retail industry the Group serves.

The Directors believe that the Placing and Admission will enable the Group to more quickly and more effectively pursue its strategy for growth. Kalibrate, aided by funds raised pursuant to the Placing, is well positioned to enable its current and future clients to overcome current challenges, and embrace new growth opportunities, in the global petroleum retail market.



Ends