Mirada Share Discussion Threads

[synth657] 20/5/2014 06:47

That link didn't work, it is from an article on proactiveinvestors.co.uk

[Fixed above link]

[synth657] 20/5/2014 06:47

Looks like it:

hxxp://www.proactiveinvestors.co.uk/companies/news/54575/miradas-change-of-strategy-should-ensure-it-profits-from-pay-tv-revolution-54575.html

"So, in the case of the deal signed with Brazilian broadcaster GVT, via its relationship with Ericsson, the group stands to earn a licence fee per new subscriber to GVT's pay-TV service."

[mdchand] 20/5/2014 06:28

Guys,

Doing some digging around on GVT and noted the figures below (dated 15th May 2014). Sorry if this question has been asked elsewhere but does Miranda provide the software for the pay-TV service?

'GVT's revenues were €405 million, a 12.6% increase at constant currency and perimeter (-7.6% at actual currency) compared to the first quarter 2013. This performance was driven by continuous growth of the core segment (retail and SME), which increased 14.2% at constant currency, including a 61.1% increase in GVT's pay-TV service year-on-year. This service now represents 13% of GVT's total revenues, with 715,000 pay-TV subscribers, reflecting a 55.4% growth compared to the same period last year.'

[rambutan2] 19/5/2014 15:21

An educated guess would be that the "large established company" is Televisa. See link in header. But no doubt the name will emerge at some point, whoever it is.

[rambutan2] 19/5/2014 15:16

Clearly a seller around as well as buyers.

[gymratt] 19/5/2014 12:58

Does anyone know the name of the "large established company"?

[battlebus2] 19/5/2014 10:34

Yep thanks...

[cheshire man] 19/5/2014 10:33

Thanks for posting that Steffy :-)

[steffyloveshares] 19/5/2014 10:26

video interview

Mirada's latest contract win opens the door to new deals

Jose Luis Vazquez, CEO of Mirada (LON:MIRA), tells Proactive Investors the company's latest contract win in Latin America opens the door for similar deals of this kind in the future.

[davidlloyd] 19/5/2014 09:06

Is it because there are no firm numbers that this is stalling here? If some actual numbers accompanied this RNS I think we would be hitting the high 20's as a minimum. Maybe we need some coverage of this deal in tomorrows press to help things forward.....

DL

[stewy_18] 19/5/2014 07:15

Interesting that you could wait until after this announcement and still buy the shares cheaper than a couple of weeks ago. Market cooling off in general.

[stegrego] 19/5/2014 07:10

Fantastic news and I suspect plenty more to come.

[rhiannon] 19/5/2014 06:59

Light the blue touch paper.wdik

[battlebus2] 19/5/2014 06:54

Morning all, yep that door is going to open!!

[stewy_18] 19/5/2014 06:48

Get in. Looking forward to see what other contracts come in after this. Vazquez implied that other companies were waiting to see what happens when this is rolled out. Futures bright now.

I needed that. Phew.

[cheshire man] 19/5/2014 06:22

Just about to c&p that bit myself janeann,,,,,,,,,,,,,,

Yes battlebus fantastic news here this morning :-)

[janeann] 19/5/2014 06:20

Morning battlebus. Yes very good indeed. I particuallry like...

The contract is expected to generate significant revenues,
starting in the second half of the financial year, which the Directors believe
should far exceed mirada's yearly turnover over the next three to five years.

[davidlloyd] 14/5/2014 18:00

Weird that all of a sudden this sell off happens this afternoon - smacks of a leak to me.....
DL

[paleje] 14/5/2014 15:20

Cold feet I would imagine but who knows.

CEO said although the trial was set to complete by June, because there would be a 6 month rollout if successful, the client might want to bring it forward if they wanted to be up and running by Christmas. That may have been wishful thinking but I think some would have taken it that that was what the CEO was expecting to happen and we're now half way through May and it hasn't. I imagine more feet will get chilly the longer it goes with no word.

What's it worth if the trial doesn't convert to an order, back to nearer 10p? I don't know I suppose it would depend on the reason and whether there are any ameliorating circumstances at the time, I don't hold but I might if the odds keep improving. I appreciate it's not what higher entrants want to see but if it goes well it won't matter and the share price will rise sharply. GL holders.

[scotty1] 14/5/2014 15:14

Or perhaps just some taking their profits after a 100% rise since Feb.Just a thought :)

[pj 1] 14/5/2014 14:53

Leak or cold feet..???

[battlebus2] 06/5/2014 16:58

Trial should completed by June....

"The Company is being paid in excess of US$1.4 million in relation to professional services for the deployment and trial of the product, most of this revenue will be recognised in the second half of the current financial year, and the work on this project is expected to be completed by June 2014. If the product is rolled out across the customer's existing subscriber base, the licence fees generated over a three year period will far exceed the Group's existing revenues.

[pj 1] 06/5/2014 16:44

Not exactly, think they referred to ''high potential for contract by First Half 2014''

[graham1ty] 06/5/2014 16:29

When they presented on 3 April, news on the trial and contract was imminent. Any update ?