Rosslyn Data Technologies Share Discussion Threads

[chrisdgb] 14/1/2020 08:09

Great to see, patience will out with a sustained rise to come.......

[edmonda] 14/1/2020 08:00

And another contract win released with today's results.

RDT saw a temporary dip in H1’20 sales (-11.7% lower to £3.12m), due primarily to macro uncertainties and delayed customer decision making.

However C-suite confidence is returning, and Annual Recurring Revenues have now tipped £6.3m (+24.7% vs £5.05m Oct’18), with the orderbook mushrooming to £6.4m (+25.5% vs £5.1m Apr’19

Research out from Equity Development forecasts: FY20 EBITDA (post SBPs) target of -£110k has been retained, along with the 12p/share valuation, equivalent to c. 3.1x FY20 EV/sales. Net debt is scheduled to exit Apr’20 at £800k vs £975k in Oct’19.

Full note accessible here:

[chrisdgb] 10/1/2020 10:02

Nice little buy this morning, hoping for a sustained rise over the rest of the year..........

[chrisdgb] 08/1/2020 08:15

Very nice to see.........

[daicaprice] 08/1/2020 08:13

Well I think that shows the huge uncertainty in the markets with the current air strikes, this would’ve been up 25% by now and being ramped and traded to death for the next 2 days.

DC

[equitydev] 08/1/2020 08:04

Terrific start to the new decade for Rosslyn today saying that it had won 2 large contracts with a min combined value of £0.9m. Likewise generating an ARR uplift of £0.2m, relating to the Knowledge Capture part of it's Big Data product suite.

Momentum building.

[daicaprice] 08/1/2020 07:57

Well this could be fun today.

DC

[chrisdgb] 23/12/2019 09:44

I certainly will add here, I remember names like Servicepower always missed signing contracts, but ultimately taken out at massive premium, patience and 2020 should be good.........

[escapetohome] 13/12/2019 19:13

Snap, out ages ago mate.

Looking for reentry point.

[daicaprice] 13/12/2019 15:10

No mate I’ve been out a while but still watching, looks like it could take a bit longer than I anticipated to see it moving again.

DC

[equitydev] 12/12/2019 07:44

Encouraging contract, acquisition integration & trading news out yesterday from
Rossly. New research published today - hxxps://www.equitydevelopment.co.uk/company/?company=Rosslyn+Data+Technologies&c=4cTO

[escapetohome] 11/12/2019 17:04

Oh deAr dica price are you in still?

[stuart14] 11/12/2019 09:11

This has been a car crash since the day it floated. Wish I'd had the conviction to short it then.

[dplewis1] 11/12/2019 07:28

You've got your news today. I don't hold these anymore but looks like the recent sell off might have been in anticipation of a fairly lukewarm update..

[jordantheman] 08/12/2019 17:30

Any news coming up this week guys?

[daicaprice] 26/11/2019 09:29

Hugh Cox sells a paltry 100,000 shares and Premier Miton suddenly hold 7.76% from a non disclosable position, that shows some confidence.

DC

[sharesoc] 25/10/2019 11:25

There is a detailed report on Rosslyn Data Technologies recent AGM which can be found in our members area here:

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[petewy] 24/9/2019 07:03

50 grand for Langdon Systems. Cost of brexit?

[petewy] 20/9/2019 08:57

Thanks for note Ed

[dplewis1] 17/9/2019 07:07

I sold out of these a couple of months ago and there's nothing in those results to tempt me back tbh. All a bit uninspiring I thought..

[edmonda] 17/9/2019 06:47

Decent FY results with revs + 8.3 % to £7m, and Board 'confident' .

Equity Development analysis: with 80%+ gross margins, 5% churn and rich EBITDA drop-through rates - a large chunk of any future incremental turnover should fall straight to the bottom line.

Estimates the company will become cashflow positive this year on revenues 12% higher at £7.8m – and is worth 12p/share. That represents a forward EV/sales multiple of 1.7x, equivalent to an large 75% discount to peers at 6.7x.

Full note here :

[daicaprice] 28/8/2019 21:01

I’m positive.

DC

[oldernie] 28/8/2019 17:12

They seem to be punching well above their weight in my opinion. Can't see them being in trouble and furthermore they have a good investor base. These are tricky times and yet Kestrel are happy to increase their holding. Time will tell!