Mirada Share Discussion Threads

[shinykathy] 26/1/2015 10:03

hxxp://guerillainvesting.co.uk/2015/01/26/mirada-plc-18p-20p-on-contract-roll-out/

The contract was won following an extensive tender process and, in addition to set-up fees that cover the cost of delivering the software, Mirada will receive a one-off licence payment of $3-$5 per subscriber,depending upon the complexity of the set-top box deployed. The customer has at least five million subscribers and growing, this suggests a minimum licence fee value to MIRA of at least $15M which could if the license payment came in at $5 increase to a whopping $25M by the time all the current subscribers have upgraded (which is expected to be within five years). This revenue will be almost pure profit. Commercial launch will take place early February 2014.

[stewy_18] 22/1/2015 07:31

I agree I think Tier 1 customers are waiting to see how the first roll-out goes before jumping on board. I don't see the last RNS as a deal breaker by any means. I never expected the path to be smooth. It is just not how it works. I think this will look very different in 6 months time IMHO. £4000 director buys doesn't really give us a good indication of confidence, but they are not massively renumerated either.

[paleje] 21/1/2015 15:03

Those kind of gesture buys are usually seen for what they are. A substantial buy/s upwards of 500k might underpin confidence, it's been a mess here, from poorly worded RNS's to protracted implementation and now delays while more testing is done. I thought they trialed last Spring, so what are they testing now - our stuff or the client's capability of integrating it? I'm afraid it's not clear as usual, not to me anyway.

Throw another Tier 1 in and sort this one out and I'll forgive them, doubt if any more Tier 1's would be jumping in till this one is smoothed out though.

[androyd] 21/1/2015 13:29

Nice to see a Director buying on the dip!

[pj 1] 21/1/2015 08:15

Its the second delay from pre xmas delivery, from an already protracted contract.

[stewy_18] 21/1/2015 08:09

To be fair, the delay is only one month. So more contract wins would be welcome though.

[pj 1] 16/1/2015 10:57

The Jam is spreadingly extremely thinly

[s_e] 16/1/2015 10:51

Thought they might release news today although Monday would be a better day...

[rhiannon] 09/1/2015 14:06

Train about to leave the station.wdik

[rhiannon] 12/12/2014 10:20

More Movistar news out there today.Different country not Peru.wdik

[paleje] 08/12/2014 12:26

Hadn't seen it, don't get RHPS emails, well spotted rhiannon, anyone know what they said? I mean apart from the obvious which must have been buy:)

[davidlloyd] 08/12/2014 12:17

Quite a few followers of RHPS then......
All good stuff.
DL

[rhiannon] 08/12/2014 12:15

The silence is deafening.wdik

[rhiannon] 07/12/2014 10:32

Tipped in RED HOT

[rhiannon] 05/12/2014 09:29

What IF BT was a tier one customer.wdik

[asturius101] 02/12/2014 14:42

Great, at last the mugs who bought this trash can almost break even

[rambutan2] 02/12/2014 13:39

So the Barings shares went in one big gulp to Mr Chase Nom at 12.5p. They not been bleeding out over last couple of months. Just have to hope that 29.5% is enough for Mr CN and he isn't eyeing up bidding for the balance - unless he's prepared to offer 50p plus.

[rhiannon] 02/12/2014 13:25

ON THE RISE AGAIN wdik

[synth657] 02/12/2014 09:27

Video of presentation from last week:

[briangeeee] 01/12/2014 12:49

Nigel, no, there are no such permissions. However on AIM it's governed by AIM, not UKLA/FCA, so nobody really cares.

[gnnmartin] 01/12/2014 11:46

Baring Iberia put a lot of money into Mirada at 10p per share over the last 3 years or more. I guess they've been cashing in. I haven't looked up the history of Infoglobal who cashed in last July. I guess (and hope) that in both cases it's "goodbye, and thanks for the support when it was needed".

I'm intrigued by reports like this of a shareholder selling 8% of the stock, with no reports of anyone buying a similar chunk. I assume that the sale has in fact taken place over several weeks or even months, and did not just take place on or shortly before the date (28/11) given. I guess there are special rules governing sales when someone intends to sell a big chunk, allowing them to do so without informing the market until the entire chunk has been disposed of.
Nigel Martin

[paleje] 01/12/2014 10:14

Dunno but it looks like Friday was a GO day for Baring Iberia:)

[rhiannon] 01/12/2014 09:53

Is today a go day or a GO!!! day.wdik