Rosslyn Data Technologies Share Discussion Threads

[daicaprice] 30/9/2021 08:42

It’s a harsh market at the moment, not sure there will be enough buying volume for it to bounce.
Fundamentals all sound.

DC

[chrisdgb] 30/9/2021 08:22

Complete over reaction on the share price, really like the long term foundations that have been laid here, Cenkos forecasts very cautious and trading at a big discount to peers...

[hastings] 30/9/2021 07:42

Results as expected although EBITDA loss was slightly less than previously indicated.More important is the current picture and strategy being implemented by the new man at the helm. The targeting of longer term contact wins such as the 5 year deal won with the US Pharma company is a positive and the outlook is certainly better than that of last year!

[chrisdgb] 29/9/2021 09:54

Should be a fascinating day tomorrow.....!!??

[masurenguy] 29/9/2021 08:13

A reminder of the year end trading update issued at the begining of June.

"The Board is pleased to report that, in a challenging year and against a backdrop of COVID lockdowns slowing client opportunities, the Group expects to report that revenue grew during the year by 4% to £7.4m (2020: £7.1m). As was noted in the Group's interim results, the Company has made significant investments into its sales and marketing teams and, as such, the Board is pleased that the Group was still able to deliver Operating EBITDA (excluding share-based costs and exceptional costs) in line with market expectations at a loss of around £250,000 (2020: profit of £36,000). The Group has continued to robustly manage its cash and ended the year with a cash balance of £6.7m (2020: £0.8m), whilst bank debt stood at £0.9m (2020: £1.2m)."

[hastings] 27/9/2021 08:23

Agree, market-cap is little more than £16m with net cash near £6m, so not a lot being attributed to the business that enjoys strong recurring revenue.Given the various issues around the supply chain taking in post Brexit red tape and procurement then one would hope that RDT is at the least fairing reasonably well.Looks a prime take-out candidate should it remain in this territory or slip further southwards.

[chrisdgb] 27/9/2021 07:52

Cheers for that, I truly believe this is massively the wrong price, so let us hope we get some decent detail of future strategy....

[kemche] 26/9/2021 21:04

Ta Hastings.

[hastings] 26/9/2021 10:22

Touched base with the CEO and looks like results will be out on Thursday!

[chrisdgb] 20/9/2021 12:14

Presumably results soon............??

[chrisdgb] 13/9/2021 15:07

Frustrating lack of liquidity...........

[riddlerone] 13/9/2021 14:56

They started selling back in August last year so don't think its a refection on pending results just as hastings says winding position down.

[hastings] 13/9/2021 14:46

IQ fund is effectively being wound down, so I wouldn't read too much into that!

[daicaprice] 13/9/2021 14:34

IQ drop below 3% just before results doesn’t install too much confidence I’m afraid, presumably don’t need to notify if they are dumping the rest.

DC

[chrisdgb] 07/9/2021 12:40

Yes, looking forward to some 'colour' in the results next week.....

[kemche] 06/9/2021 11:22

certainly seems to have the skates on.

[daicaprice] 06/9/2021 08:26

Brisk start to the week.

DC

[hastings] 05/9/2021 07:58

I think we more or less know what the 2021 numbers are, the key will be how things are looking for the year in progress and what traction is being gained. I'm hoping that we may hear of new contract wins, product initiatives and an update on Langdon across the customs space.

[daicaprice] 03/9/2021 14:54

Hopefully someone has an inside guess what’s in the results.

DC

[hastings] 03/9/2021 11:14

Apologies, I meant the 14th, should have put my glasses on!!

[riddlerone] 03/9/2021 11:11

Cheers Hastings

[hastings] 03/9/2021 09:14

Pencilled in for 24th Sept or thereabouts

[riddlerone] 03/9/2021 09:12

Thanks for that BG came over very positive.Has anyone got any idea as to when the results are being released.They did say scheduled for September in the last trading update.

[brummy_git] 02/9/2021 16:38

Marvellous comments (starts 61:10) wrt RDT from Ken Wotton at Gresham House (ie largest shareholder)


www.linkedin.com/posts/paul-hill-a5994116_qa-with-ken-wotton-managing-director-at-activity-6839150724140597248-VyCY