Rosslyn Data Technologies Share Discussion Threads

[kemche] 07/11/2022 13:29

Only Q5 should be taken seriously.

I am putting all my OSI winnings here.

GLA STHers!

[z1co] 07/11/2022 13:23

All your posts are negative towards the company which suggests to me that you do NOT own any shares.

You only post on this forum to deramp the company.

Posters like you are not taken seriously.

[harry163] 07/11/2022 13:12

Z1CO not aware of many people who would be interested in writing on this bulletin board if they were not shareholders. Cannot see the point, you obviously can. If I were not a shareholder and that was the acceptance criteria for posting, I am sure I could spare the 1p to make me bona fide. Anyhow enough of this nonsense, we will agree to ignore each other.

[z1co] 07/11/2022 12:39

If the company wins a few more contracts the shares will really start to motor upwards

[z1co] 07/11/2022 12:37

Typical fake you call some one out and then they start posting that they bought shares a long time ago,lies.

None of your posts suggest to me that you own shares in this company.Anyone buying shares in any company will have some positive comments about the company.One does not buy shares if they don't like the company or business.

By all means post as much as you like.

Fake posters are not taken seriously.

[hastings] 07/11/2022 11:13

Well you're not alone Harry on that front.My average is now a touch above 4p to break even, but I'm going to stick it out.Clearly there is potential, hence the type of customers that have been won.So, frustrating but if they can convert into new and significant contracts we could at least see a reversal of the dire trend over the last year or so.

[harry163] 07/11/2022 11:08

Z1CO - apologies for coming across as a 'fake', not sure what that implies. If any of my comments are wrong or false, please advise. Only too pleased to stand corrected.
I can assure you, I have shares in RDT and have had for over 3 years. Was hoping they get back to 7p at least so that I could breakeven or even make a small profit on them. This may be why I am so cheesed off with them being at 1p and having declined for the last 18 months. I had high hopes when I bought them.

[z1co] 07/11/2022 10:22

A few more contract wins and the share price will start to rise strongly.

[z1co] 07/11/2022 10:20

harry163 - A fake poster member from 09/06/2022 21 posts all of them about RDT.

You can spot a fake poster very easily.

Not to be taken seriously.

[boll] 07/11/2022 10:09

I would expect the gross margin on new deals would be higher than 17%. Generally with platforms which comprise most of the cost of sales there is both a fixed and variable component. The company needs to provide more information on the margins associated with the new business. They also need to provide a bit more information on the payback associated with new business. This may well reduce as much of the work associated with establishing the partnerships will have already occurred. The company has communicated to investors through the investor meet platform so probably needs another one of these to provide some further explanation and clarification going forward.

[harry163] 07/11/2022 09:46

Further to Cenkos forecast of 3.1 million revenues for FY23

This team took over at the end of FY21 with 7.5 million of revenues and is aiming for 3.1 million target for FY23, drop of 4.4 million.
How much did they get for losing 4.4 million of revenues in that period? 1.7 million based on the sale of Langdon and Integritie, ignoring future hope based revenues from Integritie.
Net loss of 2.7 million, then add the cash burn for the period of at least 4.5 million and you get the net impact of this BoD over FY22 and F23 of -7.2 million.
This is nearly about twice the company's Market Cap today of 3.4 million.

[harry163] 07/11/2022 09:27

2 Contract Wins, should be good news if Gross Margins were not just 17%.

Let us assume for a moment that this statement is accurate, it still leaves us with a dilemma. If these contract are for 5 years then, as stated in the annual report, it takes over 10 years (122 months) to recover 'Customer Acquisition Cost (CAC) Payback' this would imply that these contracts like all other 3 to 5 year contracts will never be profitable.

Of course the Annual Report could be wrong and information stated be misleading.

[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.