Rosslyn Data Technologies Share Discussion Threads

[z1co] 07/11/2022 08:20

This is well over sold bought a few at the open.

[masurenguy] 07/11/2022 08:18

Finally, a positive piece of news but they will need further contract wins and a substantial increase in both sales and eps to get the shareprice back on track.

[hastings] 07/11/2022 07:35

And Cenkos has issued a new note this morning. Expecting revenue of £3.1m for current year against the £2.7m announced last week after the disposals, with £3m of that as ARR.

[chrisdgb] 07/11/2022 07:22

Well after all the hiatus, nice contract news allows us to focus back on the future….

[sideshowbull] 06/11/2022 19:00

Ouch.

I did not start, but once you lied about my investing, It is on.

Material uncertainty

As discussed in note 2 to the financial statements, the Board of Directors of Rosslyn considers the Company to be a going concern. However, if the Group is unable to deliver upon the proposed sale of Integritie, its proposed revenue projections or, alternatively, proposed cost reductions, there is limited headroom in the current forecasts and as such there is considered to be a material uncertainty relating to going concern. As noted above, the Directors are confident that the disposal of Integritie will be complete in the coming weeks and that the Group is on track to meet its projections. The independent auditors' report is not modified in respect of this matter. The financial statements do not include any adjustments that would result if the Company were unable to continue as a going concern. For further details, refer to the 'Going Concern' section in note 2 to the financial statements.


BWTFDIK

[hastings] 05/11/2022 11:08

Of course, although when I first met them the biz was on its knees and the share price down at 8p! Been a great journey.

[kemche] 05/11/2022 10:58

SDI - a different class altogether.

[hastings] 05/11/2022 10:28

They absolutely are. I speak with many CEO's and they regularly answer my emails and phone calls and I've struck up some very good relationships with a few of those.SDI one in particular. I'll not let this one rest dog with a bone!

[kemche] 05/11/2022 10:21

They are treating the shareholders with utter contempt.

[hastings] 05/11/2022 10:20

Of course, I don't disagree. I'm rather like Paul Hill sitting on a lot and little point in attempting to exit. Despite the pain on that (some you win etc) I'm intrigued to see how this pans out. I always thought it would be acquired but as it's effectively been dismantled, makes that less likely perhaps.Run it down and picked up after going bust? Taken private? Perhaps they'll convert this pipeline they continue to speak of and the share price will recover.A raise and consolidation on the back of an improved picture perhaps? Who knows.I'm going to attempt to speak with one or more of the majors, as I've spoken with people at both Amati and Octopus a few times in the past.The CEO had indicated prior to the results that he would speak with me following the results and was also in contact with the PR people. Suffice to say my emails of last week have been ignored!

[kemche] 05/11/2022 10:04

Hastings, that screams loud and clear what they think of the business too.

[hastings] 05/11/2022 09:42

The CEO hasn't bought a single share in his near 18 month reign. He had an ideal opportunity last week, but nothing, or from the Chairman.

[oldernie] 04/11/2022 23:33

RDT will spike next week. Totally ludicrous valuation. This is now a well received SaaS business with blue chip clients.

[daicaprice] 04/11/2022 22:06

Worth 5p of every clients money.

DC

[harry163] 04/11/2022 16:39

Market Cap now 2.89 cash in bank circa 2.0 value of the whole business 890,000.
Before this incompetent shower took over Market Cap over 20 and cash in bank circa 6.5. Give this team any business and 18 months later it will be for sale in admin, but only after they have finished lining their own pockets.

[kemche] 04/11/2022 16:18

Did you tell him that the entire bod should be sacked?

[brummy_git] 04/11/2022 14:15

FYI - I talked about Rosslyn (starts 01:30) here today with Justin Waite on Vox Markets.

www.linkedin.com/posts/paul-hill-a5994116_stocks-to-follow-on-vox-markets-41122-activity-6994258068121231361-RK4T?utm_source=share&utm_medium=member_desktop

[maty] 02/11/2022 17:55

Of course the chairman !

[1jki] 02/11/2022 14:48

You can't blame Gresham, this has to be the Chairman. He would have agreed any change.

[private38] 02/11/2022 12:27

completely agree - geniuses in their own lunch hour.

[harry163] 02/11/2022 11:39

Think you will find that Gresham House's (largest shareholder) Small IT Company investment team are to blame for this fiasco. I presume those in charge of these funds have little useful knowledge of the sector and never run a real business. Mostly bluffers and armchair experts.

[kemche] 02/11/2022 11:20

Whoever appointed the current shower should take a long hard look at themselves.

[kemche] 02/11/2022 11:11

Right. That's it. I am filtering everyone! See how they like it.

[maty] 02/11/2022 10:43

Where did all the money go ?

[maty] 02/11/2022 10:40

Still no directors buying ... unbelievable mess !