Rosslyn Data Technologies Share Discussion Threads

[kemche] 25/1/2024 12:17

Pure lifestyle. Nothing more.

[hastings] 25/1/2024 11:50

It would be laughable if it wasn't so appallingly bad. Laurel and Hardy springs to mind.

[1jki] 25/1/2024 10:52

You have to laugh at these results.
#harry123 They are presented as being a great achievement. The CEO stated in August 22 that the number of users per client had increased by 900%. So these were obviously free users and no revenues.
They were going to be break-even in April 23....
This is the third time that he's spoken of creating a new base for the business, FFS the base must be thick enough to hold building twice as high as the shard.

CAC the standard measure for a SaaS business is 7 years. 7 YEARS!
No wonder we saw no contract win announcements during the year.

Pipeline conversion was the one that made me smile though.... a £4m pipeline becomes £100K in new revenue... whoopee doo!

[kemche] 25/1/2024 09:32

So March/April for another fundraising then.

Basketcase. Utter.

[harry163] 25/1/2024 09:29

Interim Results.
You have to laugh as this team must be the worst pseudo-entrepreneurs on AIM, that is saying something, complete clowns.

From CEO:
- "We have now established the foundations for us to accelerate growth", where have we heard this before?
- "We are also very excited by the innovative work that we are doing with generative AI", as is every technology company!
- "We continue to look to the future with confidence", this where we laugh :)

Revenue was £1.4m
- what happened to the projected / promised growth
Administrative expenses maintained at £2.2m
- atrocious cost management, still looking after friends and family
Cash burn rate was £276k per month
- CFO stated this would be 100k, no financial controls
Cash and cash equivalents of £2.2m as at 31 October 2023
- raised 3.3m in Sept, 1 month later 1m burned

The company will be raising money again by March, as at the current burn rate they will go bust in May. Good luck with that one!

[hatfullofsky] 20/1/2024 00:03

Somebody is very positive, expect a TR1 shortly

[private38] 19/1/2024 11:46

All dead cats bounce and given how far this has fallen it may bounce nicely but its a dead cat. Sales professionals are driven by the excitement and commissions of selling. They are like strikers on a football team. If they are leaving they are doing so because they can make more elsewhere - binary. This means RDT has less sales capacity which will be reflected in more of the same - i.e. no sales. The CEO is a shocker and the Chairman is rotten. The recent rise is not sustainable unless sales come through - the stock is in a vacuum. Lets hope someone takes these miserable incompetent idiots out and we are able to take what few pennies we have left off the table and put it into something better.

[1jki] 17/1/2024 17:41

just seen on linked in that another salesperson has left. Paul Hill might be right.

[boll] 16/1/2024 16:28

Paul Hill also of Vox markets has or used to have a holding in RDT according to his podcasts last year. He may have sold but at th3 tim3 was pretty pessimistic as to its prospects

[1jki] 16/1/2024 16:25

#harry163,you need to have some faith

[harry163] 16/1/2024 14:46

Still no news of any new sales or admissions that any clients may not be renewing. Silence is deafening. The bottom fishers are buying into the business hoping there is still value to be found when the cash runs out. The management team will, as usual, spend their way into the next fund raise. No clue how to run a business or manage investors.

[1jki] 15/1/2024 12:45

#boll you could be right, JW punted this years back when it was 7p a share,£3.50 after the consolidation. 2 months back it was 25p, still not there yet.

They must have some win news coming soon, it's been a year of silence.

[parsons4] 15/1/2024 08:38

Justin Waite has bought in !!

[pinkfoot2] 11/1/2024 15:54

I took a slug in the recent Placing but no idea what’s driving the movement in SP

[r9505571] 11/1/2024 12:34

Rosslyn Data Technologies PLC is a leading provider of a cloud-based big-data analytics platform.The company provides analytical services by combining four key technologies: bulk data extraction; cleansing; enrichment; and visualisation, through a single cloud platform enabling users with detailed data to make more informed decisions.Rosslyn's RAPid platform is the Group's primary product available to its multinational customers.

[thedickster] 11/1/2024 08:31

Someone wants it!

[thedickster] 11/1/2024 08:30

"The Bottomley Family" has built a 4% stake. They appear to be wealthy active investors in AIM stocks.

[hastings] 11/1/2024 08:18

I'm assuming this has been punted somewhere given the buying over this week.That said, no idea where, anyone else have a clue.

[chrisdgb] 11/1/2024 08:10

I guess the fund raise price of 25p should be the next target..

[1jki] 10/1/2024 11:08

great to see some pick up for 2024. Let's see what news comes out, Q1 is always the best qtr for this stock

[thedickster] 10/1/2024 08:25

Already 1,290% of ave daily vols for last 20 days. Something's afoot.

[cloudwars] 09/1/2024 15:28

Curious as to whether this was tipped over the festive period - TechInvest?