Sabien Technology Share Discussion Threads

[newtothisgame3] 03/4/2019 06:44

Stock Watch - #SNT #Sabien #Technology - An £850,000 contract with a ‘major Government department’ ..

[babbler] 02/4/2019 20:23

yes and the sooner the better can then rerate properly.

[tomboyb] 02/4/2019 14:30

I think the share price is telling -

Excellent contract and by no means small as close to 900k which is the biggest in their history -

I would very surprised if no placing considered at this present moment -

[tomboyb] 02/4/2019 12:00

I reckon that a placing is certainly being considered or underway -

The share price would be a lot higher and 5mill available online -

Does not detract from the excellent contract however I believe that may well be the case -

[tomboyb] 02/4/2019 11:39

Agreed -

That was unfortunate -

The volume is large at 300million -

Either MMs are short or something is on the way -

[alexios1201] 02/4/2019 11:35

This one didn't have a good record anyway after Chris Akers pumpy dumpy

[alexios1201] 02/4/2019 11:35

Possibly yeah

[alexios1201] 02/4/2019 11:34

Sp got muted for this simple reasonSpike to 0.17p was perfect anyway with near 100%+ on open

[tomboyb] 02/4/2019 11:33

I would add that costs have come down as well -

From the last placing they got rid of quite a few staff so skeletal operations -

They may need to hire from here -

[jungmana] 02/4/2019 11:32

I agree there Alex. Could be happening right now and imo news by end of week or early next week

[techinvest1] 02/4/2019 11:32

Pipeline conversion accelerating as foretasted. Solid objective data on product performance in market space. Stock is light and would expect more to come.

[tomboyb] 02/4/2019 11:28

I reckon they could pull it -

First contract just shy of £1million -

That is big for this tiddler -

They will need cash but this helps big -

[mjcrockett] 02/4/2019 11:28

They raised £400,000 in December so they may not need cash immediately - Particularly as in the first half year to 31 December 2018 their cash outflow on very low turnover was only about £100,000.

[alexios1201] 02/4/2019 11:26

Cash burn ~£68k/month if my memory serves me right£263k cash end of Dec3months in cash spent £204k~£60k cash leftCash all imminentNot sure they will pull it at 0.1pNot enough liquidityExpect 0.08-0.07p for £300k maybe, so 375-428m new shares incoming

[tomboyb] 02/4/2019 11:24

That is the risk here -

No denying that it is a huge contract for SNT -

[jungmana] 02/4/2019 11:13

Next news here is likely a placing. Not much cash left in the kitty.0.10p possibly?

[tomboyb] 02/4/2019 11:11

Very good contract alexios -

The downside obviously is the need to raise equity at some point -

Biggest contract in their history -

Unfortunate that 1st april seemed to be the contract date!

[alexios1201] 02/4/2019 09:54

590m shares in issueSo ~£770k at 0.013

[alexios1201] 02/4/2019 09:48

They are raising as we speak ha

[mally6] 02/4/2019 09:46

Whats mcap here surely cant be 200k showing on advn

[geoffcapes] 02/4/2019 09:46

As I said. That was an April fool.
As I also said. The fool is the goon who signed of this order.

[tomboyb] 02/4/2019 09:31

Congratulations -

You were certainly right on the grapevine bit -

What about the 2nd bit -

[tomboyb] 02/4/2019 09:28

Geoff -

Whatever happened to:

GeoffCapes1 Apr '19 - 10:43 - 85 of 88
0 1 0
Hearing on the grapevine that SNT have actually landed a rather large order to supply a well known company with over a 1000 units.

I'll hold my hands up. Maybe I was wrong about this company.

[tomboyb] 02/4/2019 09:24

Biggest SNT contract to date -

A few more of these could indicate a real further push -

The one thing that may hold them back is funds -

They may need to raise again -

But for SNT its a massive contract -