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SAAS Microlise Group Plc

117.50
-4.50 (-3.69%)
05 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Microlise Group Plc LSE:SAAS London Ordinary Share GB00BLR8L223 ORD GBP0.001
  Price Change % Change Share Price Shares Traded Last Trade
  -4.50 -3.69% 117.50 14,970 16:16:15
Bid Price Offer Price High Price Low Price Open Price
115.00 120.00 122.50 117.50 122.50
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 71.72M 1.58M 0.0136 86.40 141.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:27:04 O 30,000 127.50 GBX

Microlise (SAAS) Latest News

Microlise (SAAS) Discussions and Chat

Microlise Forums and Chat

Date Time Title Posts
31/1/202509:37Microlise: Transport telematics to optimize fleet operations efficiency172
04/11/202418:47Microlise39

Add a New Thread

Microlise (SAAS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-02-05 17:01:02127.5030,00038,250.00O
2025-02-05 16:27:05120.0011.20O
2025-02-05 16:16:15120.00100120.00O
2025-02-05 16:15:34116.555,0005,827.55O
2025-02-05 13:19:08120.0033.60O

Microlise (SAAS) Top Chat Posts

Top Posts
Posted at 05/2/2025 08:20 by Microlise Daily Update
Microlise Group Plc is listed in the Offices-holdng Companies,nec sector of the London Stock Exchange with ticker SAAS. The last closing price for Microlise was 122p.
Microlise currently has 115,945,956 shares in issue. The market capitalisation of Microlise is £136,236,498.
Microlise has a price to earnings ratio (PE ratio) of 86.40.
This morning SAAS shares opened at 122.50p
Posted at 29/1/2025 14:08 by masurenguy
I don't know who this AdamB1978 poster is since he has never posted on this thread. However his claim that "they're not remotely a SaaS business" and that "management are trying to hoodwink people via its ticker," is nonsense. They do sell hardware but this constitutes circa 25% of their business. As they themselves clearly state "We offer a globally accessible Software as a Service (SaaS) platform that streamlines the business processes of organisations with logistics operations. Our software products are licensed on a per-user or per-asset basis, which includes SaaS service, ongoing support, and access to future upgrades."
Posted at 28/1/2025 17:05 by multibagger
Re SAAS: discussion on another thread

-----------------------------------

Hi Multi

re 'SAAS' the company called Microlise Group, rather than the business model SaaS. Personally I think there's an element of Emperor's New Clothes (being polite) or spin about them given the ticker.

Looking at the revenue split, they're not remotely a SaaS business. H1 revenue split:

- hardware installation: £10.5m - this is not saas
- managed services: £23.4m - this is not saas
- professional services: £2m - this is not saas
- support/maint: £2.8m - this is not saas

So it might be a great business but a managed services/hardware business should trade on ~1x-1.5x revenues or perhaps 10x EBITDA, rather than achieve a SaaS valuation.

As a result, I avoided them given that I felt that if management are trying to hoodwink people via its ticker, and are actually spending time on thinking up gimmicks like that, then they couldnt be trusted.

Obviously your call, but sometimes helpful in this constructive environment for people to present the bear case!
Cheers

Adam

Hi AdamB1978,

I am not too hung up about the ticker symbol as I don't know how or why it came to be ? I don't think they are into gimmicks - they have no need to. To me it looks like the public listing is almost an afterthought.

What is of more interest to me that SAAS holds 58% of the UK large truck fleet (500+) market, 88% of UK grocery market trucking, eddie stobart, jcb, man, hovis etc and are beginning to make inroads into Australia, NZ and France. They are delivering every day, 24/7/365 a real, tangible essential service and have been around for yonks. The CE owns over 50% of the equity...so as a minor share holder (it is hard to buy in volume) I feel that my interests are aligned. The low float always makes for good action as today with a circa 27% gain. I often like boring businesses, they are often the best from an investment perspective !
Posted at 28/1/2025 12:32 by masurenguy
Microlise Group (SAAS) Stock Forecast & Price Target

Advanced Equity Forecast
Overall Consensus: Strong Buy
2 Buy: 0 Hold: 0 Sell
Data based on a poll of the past 3 months

Analysts 12-Month Price Target:
Average 245.00p (+116.09% Upside)
Posted at 02/1/2025 07:49 by masurenguy
20 December 2024: Jonathan Lee, Non-Executive Chairman, purchased 19,417 ordinary shares of 0.1p in the Company at a price of £1.03 per Share.
Posted at 29/12/2024 13:35 by masurenguy
There is no "contradiction" in my investing style. I occasionally take some profits from a partial sale of a core long term hold in order to recover either part or all of my original investment. I don't necessarily announce it if I plan to keep my options open to either add some back, repurchase the full disposal amount or add even more shares in the future at a lower price. If I mention the sale at the time some people may assume that I no longer rate the stock and that I am gradually selling out.

I only concurrently announce share sales in a core asset if I partially sell with no intention to add back in the future (eg. BKS) or if I completely sell out (eg. EQLS) with no intention to reinvest again. With my non-core smaller holdings I very often never announce any partial or complete share disposals because they do not constitute any significant component within my portfolio.
Posted at 27/12/2024 17:52 by masurenguy
Microlise is currently nearly 30% below its IPO three and a half years ago, 43% below its high earlier this year and less than half of its ATH of 220p in September 2021. The valuation at the current price is much lower than the IPO or ATH. It is also not far off its ATL at 90p almost exactly a year ago when it then subsequently shot up by 89% over the following 3 months to 170p. There have been no share sales by the top 7 institutions listed in the header or by the CEO who holds just over 50%. This just illustrates that it is totally driven by sentiment and not conventional valuation metrics.

It is still a rich valuation but this is a niche company with quite a strong moat, which will inevitably be a target for a predator at some point in time. The PER of circa 70 does not bother me in this context - I'm also invested in BKS which has a PER of circa 85 on a similar niche basis with a moat. I will continue to add around this level.

Good luck to you too in 2025.
Posted at 10/11/2024 09:23 by simon gordon
Gee, there are going to be some very angry clients.

I noticed the other day that CNC has done the following, does SAAS have a similar scheme?:

Cyber Essentials Plus Accreditation

This accreditation underscores our commitment to safeguarding data, protecting our customers, and upholding the highest cybersecurity standards across all of our operations.

Cyber Essentials is a well-recognised scheme that makes sure organisations maintain robust defences against cyber threats, focusing on five key controls: firewalls, secure configuration, user access control, malware protection, and patch management. By meeting these standards, we're not only compliant but also show we demonstrate a proactive approach to cybersecurity. This is vital for our customers in sectors like defence and high-tech engineering, where reliability and trust are paramount.

Cyber Essentials is more than an accreditation for us—it’s a commitment to quality, safety, and trust. Reaccreditation affirms that we’re serious about staying at the forefront of cybersecurity and always striving to exceed industry expectations.
Posted at 24/9/2024 07:41 by masurenguy
Coming into its own
Microlise Group plc (SAAS:LON)| Mkt Cap: 150.7m

H1 results are very pleasing, as not only are the financials strong: ARR +21% y/y (~11% organic), but this was supported (and driven) by excellent operational and strategic progress as well. The company signed its largest ever contracts in France and Australia, while also saw strong trading in the UK. Successful sales and marketing initiatives and also broader uptake of Microlise’s enlarged product suite were key to driving this. This second point highlights how Microlise is progressing from a ‘point solution’ to an ‘end-to-end’ transport technology provider increasing its wallet share and USP in the process.

Furthermore, deals involving multiple products also have a higher recurring component indeed H1 results reflect this, as recurring revs far outpaced non-recurring (+22% vs. +4%) and this in turn flowed through to improved gross and EBITDA margins. Meanwhile also worth considering is how this development should make ARR growth more predictable and resilient to hardware and supply chain factors. Hence notwithstanding a soft period for hardware sales, we remain very confident of the company’s ability to drive continued ARR growth and in turn profit. We don’t believe these developments are yet well understood or reflected in the share price.
Harold Evans, Singer Capital Markets: 24/09/24
Posted at 23/9/2024 06:04 by masurenguy
JCB Contract
Major OEM 5-year contract renewal

Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, is pleased to announce that the Company has entered into a 5-year contract renewal with J.C. Bamford Excavators Limited ("JCB"), the global manufacturer of construction equipment, which will cover recurring SaaS software licences and hardware sales until September 2029. This renewal will see Microlise continue to provide JCB with its advanced, white-labelled Industrial Internet of Things (IIoT) platform. This platform, fully integrated within JCB's machinery, enhances connectivity and diagnostic capabilities, supporting JCB's strategic initiatives in delivering smarter, more efficient construction equipment.

Microlise's IIoT platform enables real-time world-wide monitoring and diagnostics of JCB's machinery, facilitating predictive maintenance and reducing operational downtime. Microlise's platform enables JCB's customers to optimise equipment performance, thereby improving productivity and reducing total cost of ownership. This renewed collaboration builds upon a successful 14-year relationship between the two companies. As JCB seeks to expand its market presence, particularly in the United States, Microlise's platform will be key in meeting the increasing demand for connected, intelligent machinery.
Posted at 30/7/2024 06:28 by mrnumpty
According to Microlise’s own Investors web—site , the seven largest holders in the company hold 84.33% of all shares . Personally I very like the controlling 50.05% stake held by the CEO , but the small free float tends to exaggerate share price movements . Hopefully now , after this very decent Trading Update , and especially after an extended period of a fairly unexciting share price , this lack of free float will push the share price up . Measurenguy , it wasn’t long ago that you wrote here that , though you liked the company , the share price was too high for you - given your long comment here as soon as the TU appeared this morning , are you now “ in “ ? Best luck all
Microlise share price data is direct from the London Stock Exchange

Microlise Frequently Asked Questions (FAQ)

What is the current Microlise share price?
The current share price of Microlise is 117.50p
How many Microlise shares are in issue?
Microlise has 115,945,956 shares in issue
What is the market cap of Microlise?
The market capitalisation of Microlise is GBP 141.45M
What is the 1 year trading range for Microlise share price?
Microlise has traded in the range of 90.00p to 177.50p during the past year
What is the PE ratio of Microlise?
The price to earnings ratio of Microlise is 86.4
What is the cash to sales ratio of Microlise?
The cash to sales ratio of Microlise is 1.9
What is the reporting currency for Microlise?
Microlise reports financial results in GBP
What is the latest annual turnover for Microlise?
The latest annual turnover of Microlise is GBP 71.72M
What is the latest annual profit for Microlise?
The latest annual profit of Microlise is GBP 1.58M
What is the registered address of Microlise?
The registered address for Microlise is FARRINGTON WAY, EASTWOOD, NOTTINGHAM, NG16 3AG
What is the Microlise website address?
The website address for Microlise is www.microlise.com
Which industry sector does Microlise operate in?
Microlise operates in the OFFICES-HOLDNG COMPANIES,NEC sector

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