Rosslyn Data Technologies Share Discussion Threads

[chrisdgb] 18/10/2021 14:37

Not sure where it is held exactly but there is a requisition to wind up and liquidate the Strategic investment trust....that's why

[masurenguy] 18/10/2021 14:33

What are you on about - why on earth would "the 28% Gresham stake come up for grabs"?

[chrisdgb] 18/10/2021 10:14

Wonder if the company will be put into play if the 28% Gresham stake comes up for grabs.....??

[riddlerone] 18/10/2021 08:44

Bought a few more this morning limited downside risk the way I see it with underlying cash position underpinning current market cap.AGM end of the month so hopefully hear more on new contracts.

[chrisdgb] 18/10/2021 08:30

Getting painful here........

[kemche] 14/10/2021 09:57

:)
Ta Hastings.

[hastings] 14/10/2021 09:47

Yes, had a great chat thanks and very interesting. Thought I'd wait until they release news though, such as contract wins/product launch before penning anything!Suffice to say I'm happy to hold, as frustrating as the current level on the share price is.

[smithydave] 14/10/2021 09:31

No News Hastings? Did the CEO not have anything interesting to say or not make the call?

[chrisdgb] 07/10/2021 08:13

Indeed, maybe some ongoing contract news will give some comfort.....

[daicaprice] 06/10/2021 08:55

Excellent, it certainly needs something positive to bring interest and buyers back.

DC

[hastings] 06/10/2021 08:50

Speaking with the CEO on Friday, so I'll add some comment for interest.

[chrisdgb] 30/9/2021 10:21

Reminds me when businesses such as Servicepower had bumps in the road, I am sure Gresham will have some ideas....

[daicaprice] 30/9/2021 07:42

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 07:22

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 06:42

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 08:54

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

[masurenguy] 29/9/2021 07:13

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 07:23

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 06:52

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 20:04

Ta Hastings.

[hastings] 26/9/2021 09:22

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

[chrisdgb] 20/9/2021 11:14

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

[chrisdgb] 13/9/2021 14:07

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

[riddlerone] 13/9/2021 13:56

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.