Rosslyn Data Technologies Share Discussion Threads

[smithydave] 28/6/2022 16:28

No need for a link just look the company up on Glassdoor. Seems to be a real mix of long term and short term employees. Alarms.

[riddlerone] 28/6/2022 16:04

I am warming more to your theory hastings.Wonder if a potential sale has been the end game all along hence the loss of Mehta and Bullen.

[riddlerone] 28/6/2022 15:37

I did see the glassdoor posts which if you listen to the Cenkos interview where he says he has replaced most of the leadership and more then its understandable you would get some pretty peeved off ex employees.Has he gone down the right path ...only time will tell.

[hastings] 28/6/2022 14:59

Perhaps you could post the link to that!

[smithydave] 28/6/2022 14:55

Been following for a while. The glassdoor comments give me concern. was going to top up at this price as its on sale but lordy: " People forced to lie to give the impression things are all fine when in reality everything is on fire."

[daicaprice] 28/6/2022 12:16

Agree with you both, plenty of value here from this level and I replied to their tweet this morning asking if there was any new contract news they could RNS to boost the share price. Don’t usually get an answer but I’m sure it would get passsed on.

DC

[hastings] 28/6/2022 11:54

I agree with your take riddlerone.The last Cenkos note from January forecast net cash to come in at £3.4m which still leaves them comfortable. Personally, expecting that to be lower, but would be surprised if it was less than £3m.But, as you point out, given the lack of news who knows. I noted on their blog via the Twitter feed a case study with De La Rue which was interesting Https://www.rosslyn.ai/our-insights/de-la-rue-sees-it-all-rosslyn. Not sure if this is a long standing customer or relatively new, who knows!Still believe the current price is ridiculously cheap and remain confident that it'll get taken out at a decent premium from here, but sadly, we'll below the real worth.

[riddlerone] 28/6/2022 11:19

Harry have you got a short spreadbet on RDT or is it you are just a disgruntled ex employee.You are probably right about cash burn but by how much we just don't know.Even if they have won any new meaningful business we would not be told as going by the half year report they seem to have a policy in keeping everything quiet.

" We have won three major new deals during this period, including a large 7-figure contract with one of the largest pharmaceutical companies in the world."

No RNS for any of this so who knows where we stand on new business.

Any company that has a news blackout faces the risk of the shareprice dropping as RDT has but that doesn't mean a "car crash" that is pure speculation on your part unless you have insider information which you have stated before that you have not.

[kemche] 28/6/2022 08:40

The previous BOD needed replacing but whose bright idea was it to do so with the current absolute shower?

[harry163] 28/6/2022 07:31

Market Cap now below 7 million, as predicted. Burning through cash reserves and failing to win meaningful new business. The management team obviously have no workable plan or strategy and are just staring wide-eyed at the oncoming 'car crash'. As none of the management team had any previous experience in running a business, never mind a plc, should we really be surprised.

[hastings] 18/6/2022 10:19

Interesting read Https://spendmatters.com/2022/06/07/to-monitor-supply-chain-performance-you-need-first-to-be-able-to-see-it/?utm_content=211483182&utm_medium=social&utm_source=twitter&hss_channel=tw-102427645

[daicaprice] 17/6/2022 15:31

Good bit of buying managing 500k at that price.

DC

[harry163] 17/6/2022 14:35

No insider information. Just looking at the value of my shares and wondering how close to zero they have to get to before any the big shareholders do something. Thought 2p would be a good floor.

[riddlerone] 17/6/2022 13:58

So what do you know he has done to get fired.Unless you have inside information you are as much in the dark as the rest of us on his or Rosslyn's performance.Communication leaves a lot to be desired but so far thats my negative gripe about him.

[harry163] 17/6/2022 11:47

How bad can a CEO be before he gets fired. We will soon be finding out when the market cap falls below 7 million and share price below 2p.

[daicaprice] 14/6/2022 08:57

Someone had to drop as low as 2p to get 208k away, under 50k now just 2.1p

DC

[daicaprice] 10/6/2022 21:11

No quote to sell over 50k shares online, doesn’t look as if there’s news anytime soon.

DC

[daicaprice] 10/6/2022 21:07

None of those trades were showing today when I went to the pub at 4pm.
6m shares went through the system looking like sells but could have been 3m shared amongst brokers at cost.
Summut happening.

DC

[hastings] 09/6/2022 13:47

Nice to see you here Mr D.

[daicaprice] 09/6/2022 11:07

Thanks for clarification mr d.

DC

[mr doughnut1] 09/6/2022 10:47

That was me.Been watching for some time but got a little unnerved with surprise departure of the FD.Anyway I am in now. GLA

[daicaprice] 09/6/2022 09:42

A delayed 300k as well, leaky leaky?

DC

[chrisdgb] 09/6/2022 08:19

As we have said before, you would hope Gresham House are pulling some levers in the background..

[kemche] 09/6/2022 07:58

I believe him to be one of the finest CEOs.

Sheesh!

[daicaprice] 09/6/2022 07:58

Bit of interest this morning and a welcome tick up.

DC