Rosslyn Data Technologies Share Discussion Threads

[aishah] 08/6/2021 11:48

Added a tad below 5p earlier.

[daicaprice] 08/6/2021 11:32

Took the 74,306 as well to tick it up.

DC

[daicaprice] 08/6/2021 11:06

Double post.
DC

[daicaprice] 08/6/2021 10:06

I’ve been out for quite a while now but agree that @5p it’s too good an opportunity to miss so have taken 100k, will be happy to add more as and when.

DC

[chrisdgb] 08/6/2021 09:42

Well thankfully there are not many of my shares that are now down 25% year to date but in a funny sort of way it is probably the most relaxed I have been with such a drop, we know volumes can be sporadic here and as highlighted above, things have clearly been going on in the background but valuation now highly appealing and operational gearing on the upside makes this a stand out situation.........

[hastings] 04/6/2021 12:50

Seems pretty clear that the major holders were running out of patience and have instigated the new broom.I note on RDT's Twitter feed that they are hiring, so perhaps that bodes well and one hopes, that the new guy will live up to his impressive credentials!

[cardiffblue] 04/6/2021 12:20

You are right the white house, not the best is it and clearly underwhelming. The silver lining in this cloud is that they have plenty have cash, are meeting expectations and that there is no trading outlook view. I am a sunny side up guy ( have to be as hugely down on this share!)...all this happened before the new guy took over. I hear that there may be a trading update in August so am on my knees as we speak saying a short pray for better

[the white house] 04/6/2021 10:56

Bizarre, a trading update with no current and future trading update. No pipeline mention, still no big wins from a number of oppos mentioned in Jan, no demonstration of any benefit of the sales & marketing doubling of headcount, the guy given that role already promoted on what' & number cruncher is Frank BoughUnimpressive

[chrisdgb] 04/6/2021 07:25

Cenkos reckon Langdon is flying........

[edmonda] 04/6/2021 06:41

good progress in product development, sales & marketing, cost control and Management: today RDT updates on revs +4% despite lockdowns, FY21 adjusted LBITDA in line at -£250k, and net cash £5.6m at end April ‘21.
Equity Development retains fair value at 10p/share, see new research note:

[oldernie] 18/5/2021 18:14

Change it's name to RosCoin?

[chrisdgb] 18/5/2021 13:20

Still scratching my head how we get some decent momentum into this one..........?

[bwm2] 05/5/2021 13:32

I added at the open today as well

[kemche] 05/5/2021 13:21

Joined you for a smidge more Aishah.

[aishah] 05/5/2021 11:24

Added more on this dip.

[daicaprice] 04/5/2021 14:45

“We are pleased to welcome back Sam Clive who rejoins as our new Pre-Sales Manager”



DC

[the white house] 04/5/2021 14:31

Meet the new boss, same as the old boss

[hastings] 30/4/2021 07:23

They've already stated that a TU will be released next month. They also flagged results to be in-line.

[chrisdgb] 30/4/2021 07:16

Must be due a trading update here soon, would be nice to push back towards the 10p level rather than the 5p level......!

[oldernie] 22/4/2021 15:35

Be good to see RDT team up with an eco outfit to create an environmental impact analytics bolt on.

[adamb1978] 15/4/2021 13:57

Thank you both! A number of my small/mid caps have had decent years to date (Kape, Mcxt, GMR, Orph, Itx) or have decent potential (those from below plus PCIP, FNX, CAPD) so perhaps Rdt is just suffering in that background given that its not as if RDT has cratered at all.
Best of luck to holders

[chrisdgb] 15/4/2021 13:27

Better buying volumes today............

[daicaprice] 15/4/2021 12:42

Yea good luck mate, very reasoned decision that I can’t argue with, I’ve held back adding for very much the same reasons.

DC

[kemche] 15/4/2021 12:40

Good luck elsewhere Adam. We all make our choices for a number of reasons. All in it to make money. But appreciate the honest reason.

[adamb1978] 15/4/2021 12:35

After reflecting on things for a few days, I've sold my positions in RDT.

Reason being a combination of:
- growth over the last couple years has been lacklustre, and forecasts for FY21 is similar
- the interims had a lot of exciting narrative which implied that growth would be coming...but then the 'in-line' comment snuck into the CEO change announcement suggested that that hadnt resulted into figures as yet
- equally, the CEO change somewhat implies that things may not be flying (though clearly he could have left for other reasons, like ill health)

Therefore if we're not likely to see growth feeding through to the numbers til the FY22 interims (at best), which would be out in Jan 22, I felt like this money would be somewhat dead money for another 9 months at least. They need to get some growth going (i.e. >10%) in order for the share price to move up materially from here IMO.

FWIW, I dont think there is huge downside from here given the cash on balance sheet is c.30% of market cap and the multiple isn't crazy. Just that I see it likely treading water from here for a while.

Might be completely wrong, but there you go! All the best for those who continue to hold,

Adam