Market Tech Share Discussion Threads

[jamesjamiebarlow] 06/2/2017 10:12

Naked trader is out apparently. Took a loss on this.

[pinkkasti] 26/1/2017 07:47

I must say at this point that I was very surprised to see Naked Trader take up a position in this. I am waiting to be proved wrong and when I saw Robbie's purchase I was thinking I had missed something. Following Naked traders rules for investing .it seems they dont fit the criteria he has laid down. Not only that I would say their Camden venture has a lot of dark holes. IMHO

[carbon man] 23/12/2016 18:05

It's about time this stock started to move

[osirisra] 01/12/2016 09:00

Results day

[hazl] 31/8/2016 19:41

Not bad it seems to have kept up momentum.....

imo

[hazl] 20/7/2016 16:48

HEY we have continued up!

It certainly feels more positive.

[hazl] 22/6/2016 08:27

GOOD IDEA HAROLD I am not the best at getting the charts to work though so happy for somebody else to take the lead?

[haroldthegreat] 15/6/2016 14:39

why not start a new thread that shows the share price and any news eg rns. would make life much easier to have all the information in one place.

[mr dexy] 15/6/2016 08:11

Was surprised at the digital revenue...

And in the bowels of yesterdays results, this caught my eye


"We are conscious, however, that as this division becomes more material to the performance of the Group, we need to consider the best strategy to accelerate its growth and maximise shareholder value."

Regards


Mr D

[hazl] 14/6/2016 11:34

The market seem to like the results....8-)

[bakunin] 11/5/2016 10:08

Do you mean PRSM?
At a cursory glance, it seems like a load of BS.
They give no details at all about their technology; just wishy-washy management talk.
Nothing built with Microsoft .Net and SQL Server is going to be world-changing, which is basically what they are claiming.
My guess, and the CTO hints at it in his video, is that it is just an "arena" in which bespoke scripts, APIs etc get run, the only benefits accruing being logging, auditing, scheduling etc. The customer will either have to write the scripts themselves still or pay PRSM and its partners exorbitant fees to do so.
TCO imo would be very high for anybody but very large organisations with large teams of developers. They might get some value out of such a facility. The likes of Capita, CapGem, Logica would love such a "harness". And thus you have the extent of their customer base.
But it won't scale up imo to anything other than these mega organisations and it is basically simple software to write, ie copy. I don't think they have any AI/NN etc algorithms, otherwise they would surely mention them, as they would be big value-adders in such an environment. This is despite Dr. Kingdon having a background in AI!. They even mention in the prospectus that they are vulnerable to any competitors coming along with a solution based on AI!!!
The main negative, though, imo is that they are rowing against the tide of IT management towards cloud-based platforms managed by the platform providers and away from on-premise self-managed systems.
It would have been a good idea 25 years ago.
They have been going at this since 2001 and still only have revenue of circa £6m. That probably speaks volumes. With the caveat that they put on quite a "surge" in licence sales in the last 2 years, boosting total revenue from £3m (after 12 years!) to £6m. Experience tells me that this is probably contrived in some way for the IPO. It is basically a pay-the-wages IT company and the chaps who founded it have very luckily found themselves an exit door, thanks to some slick PR.
I can see, however, that non-IT PIs/analysts may well get caught up in the hype, so it may well have a trajectory similar to say WAND. However, the WAND technology is basically very, very hot and so WAND will eventually come good.
It might be worth investing in if valued at say £10m, but if that happens the market will have latched onto what it really does and it will stay valued at <= £10m. They should be able to do break-even on an ongoing basis unless management goes crazy thinking they need to do something to justify the hype, ie employ a load of developers to develop stuff that won't sell.

[hazl] 28/4/2016 10:14

PERHAPS YOU HAVE HAD A GOOD INFLUENCE oops on us bakunin!

have you looked at PRISM.... my latest interest?
imo

[hazl] 25/4/2016 09:48

yes difficult to know what to do .

[bakunin] 25/4/2016 09:37

hazl
You should be able to transfer them in to a nominee-type account. They didn't charge anything when I did it. Make sure you send them all by recorded post etc. It's just a simple form. A bit pathetic really. They don't even check that the name/address is spelt correctly. Mind you, the banks don't look at cheques below £5k now. You could sign them Mickey Mouse and they go through ok.
I got rid of the certificates because they just seemed to stop me psychologically from selling when I needed to. There is a feeling of permanence about certificates, so I was tending to hold on for ever greater gains when it was time to sell. More often than not, those gains subsequently got wiped out.

[hazl] 22/4/2016 19:33

Thankyou very much for your detailed reply Bakunin.
It's certainly not straight forward is it?
I have some certificates from long ago but they are expensive to sell and not every company are prepared to do it.

[hazl] 21/4/2016 12:18

THANKS B will take a look.........short of time here today

[bakunin] 21/4/2016 09:57

hazl, I've sent you a message re: stockbrokers

[hazl] 20/4/2016 18:27

I do have some here but I have not got a quantity in anything.I fear a big downturn as well.
I decided to keep a few in interesting companies and spread between different areas,though gold mining is my favoured sector just now.
Am mostly cash still.
I really need to change my broker, who do you use?

[bakunin] 20/4/2016 14:30

hazl
INTQ!
A perfectly good business deliberately-trashed so that a VCT and management could pick it up on the cheap, probably in cahoots with TW.
Are you actually in MKT?
You seemed to know when to get out of INTQ. Let me know if you change your mind on MKT.

[hazl] 20/4/2016 11:39

hi bakunin

you always have an interesting take on things.
I must say,I don't know whether to say 'brave man' or 'yes we are onto a winner'!
Agree about the difficulty with timing.
I only just mentioned on the sha thread on the disappearance of good old favourites of mine like Peru Saxena,who clearly haven't risked it this year and are out of equities.
Anyway I wish you well.
Are you referring to INTQ by the way,I forget?
He had a go at BOOM I know of which I still have a handful.

IMO

[bakunin] 20/4/2016 11:08

hazl
Finally decided to join you here.
Hope the volume surge yesterday wasn't a fake.
My big worry has been the increasing probability of a global economic crash.
This time round there won't be an idiot called Gordon Brown to bail the entire construction industry/"property developers" out.
However, I am more convinced by the more savvy bloggers who are hypothesising a final blow-off to the current 8-year bull market before the inevitable crash.
As for MKT, if one discards all the standard metrics like NAV etc, it is valued by the market at the total of all the money that has been raised (equity fund raisings and debt), ie no value has been attributed to what can be achieved with the assets accumulated with those funds. There appears to be no fuzziness about asset values eg property revaluations. Simply the market values the company at the amount of all the funds that it has raised.
There is definitely something in this strategy of combining tech with property rental. They're already rolling out Wi-Fi/EPOS solutions to their business tenants. And I like the look of the Stucco Media acquisition. If he can validate the model and replicate this strategy around the world using the MKT vehicle (not starting up new vehicles), it could be the early stages of a McCarthey & Stone type investment.
My concerns are the slow speed at which the property development is taking place and the apparent monkey business that they indulged in with the Camden Town residents.
Additionally, I am always wary of these apparently "no-brainer" companies. I am currently rather sore about what TW was allowed to do to a perfectly solid company. He should be in prison for a long time. I can't help wondering if the smart money knows something that we can't see in the publicly-available information.

[hazl] 17/3/2016 08:02

Acquisition of Herbrand Street.
Have charts here osiris.Perhaps you need to update something?

[osirisra] 15/3/2016 13:11

Where did the charts go????