Netcall Share Discussion Threads

[spaceparallax] 19/4/2018 13:34

sp looking very healthy again.

[shauney2] 13/4/2018 17:15

Thanks LBO

[snadgey] 19/3/2018 12:20

I agree.
All the best

[spaceparallax] 19/3/2018 12:11

He should be in a position to appreciate the craziness of the recent share price dip

[snadgey] 19/3/2018 11:48

Chairman buying

[spaceparallax] 09/3/2018 13:06

Crazy share price behavior.

[spaceparallax] 07/3/2018 12:23

Looks very good - the share price reaction to the impact of acquisition costs upon results is ridiculous. The growth demonstrated in every area is impressive and the impact on bottom line has a clear and reasonable cause. As you say Shauney, Finncap appear to recognize the positive nature of the results with their upgrade.

I've been invested here for many years and envisage that continuing for many more.

[shauney2] 07/3/2018 09:37

Costs for the recent acquisition impairing the results but looks good going forward.Finncap up their target to 75p form 70p.

[spaceparallax] 29/1/2018 13:52

A very strong TS and deserved mkt response. Hopefully this further statement of the Company's continued success (even in difficult economic times) will generate better long-term support rather than those after a short-term gain with the erosive effect upon the share price of their short to medium term profit-taking. Few small companies can demonstrate the continued growth and performance offered by Net over recent years; now is the time for investment for long-term multi-bagger gain, supported by short and medium term divis.

[shauney2] 29/1/2018 10:53

A nice positive update.Surprised the share price has come off so much since the recent positive AGM statement.

[shauney2] 13/12/2017 11:54

Good to see it gapping up on top of recently going ex dividend.

[spaceparallax] 28/11/2017 11:41

Agreed, the AGM statement could hardly have been more positive.

[anthony mckay] 28/11/2017 10:18

Is it expensive? In considering an acquisition there are many factors to weigh up. Netcall are not going to buy a profitable company that isn't going anywhere or that is not a strategic fit. You buy ideally before the knee of the j-curve but will often have to pay a premium for this. Market position, potential, industry sector, product quality, calibre of customer base, industry/analyst community views; strategy fit; cultural fit - these are all important considerations in the mix in determining how much it is worth paying for an acquisition. It is apparent to me that this is therefore a very smart acquisition. So many organisations are bottle-necked in IT delivery and that slows down the business. Low-Code is an increasingly important remedy to this and MatsSoft are a key player. If you are selling an increasingly sophisticated product suite into larger organisations, as Netcall do, integrating into the organisations business processes becomes increasingly important and a low-code platform can be a real help. In a small private company acquisition there will also be an opportunity for significant cost take-out with the result going straight to the bottom line. I expect to see some of this over the next 12-24 months. In terms of the customer base, look at MattSoft's wins - these are major organisations. This creates fantastic cross-selling opportunities and also will allow Netcall to incorporate their existing Liberty products into the low-code platform so that their customer engagement functionality becomes available within the low-code environment. This is hugely significant. Re the loan, it's not the cheapest money however it keeps dilution low; leaves the company still with plenty of cash (still growing cash); plenty of headroom for interest cover; no rate-change exposure; no collateral; deferment period on the capital repayment for a good few years by which time the benefits should be coming through. There is much more besides that I could talk about but I don't want to bang on about the many upsides I see here. Read carefully what the company has said - there is a lot in there. So overall, although on first glance the acquisition might appear expensive, I think the risk (and growing companies need to take risks - no risk, no reward) is far outweighed by the growth potential and value that I am confident the Netcall team will extract. They have form in this. I reiterate my view that these are exciting times for Netcall.

[mammyoko] 24/11/2017 09:37

This has gone too far too fast on no real news. They've blown a large chunk of their cash balance on a very expensive purchase - 11m of cash and 3.5m shares for a loss-making business. Mr Bang likes the word 'robust' as in 'robust' trading and 'robust' balance sheet. The balance sheet is considerably less 'robust' than it used to be now that it has a 7mn loan note in it with annual interest of 560k - over 30% of last year's profits.

[martinthebrave] 23/11/2017 20:14

Anthony Mckay, many thanks for the update. Any "Red Meat" to add about the MatsSoft potential? Hopefully today's rise will carry on for the next day or two with Broker updates and analyst blogs.

[anthony mckay] 23/11/2017 14:51

Attended AGM today. I am convinced the recent acquisition of MatsSoft is highly strategic and will help transform Netcall to a new level. Market will inevitably catch up with the potential, esp given the management team's superb track record. Exciting times.

[cascudi] 23/11/2017 11:24

fantastic.. this is what i wanted to hear

[martinthebrave] 23/11/2017 07:13

Decent trading update todsy. Matsoft going well, robust trading and healthy pipeline. That should be enough to get the share price going.

[cascudi] 23/11/2017 06:30

the share price has been declined since August. the interim in sept was in my opinion good.
what is the reason of this decline? i could not find any info

[spaceparallax] 26/9/2017 09:58

Smoke and mirrors.

[pal44] 26/9/2017 09:45

why are buys showing up as sells ?