Smartspace Software Share Discussion Threads

[xxx] 09/8/2023 10:00

Now the management has delivered such [pedestrian] revenue growth ~15% they want to reprice the options to ie a gift from shareholders for the lack of growth.
This seems wrong and ant capitalist, in that it is rewarding failure. A significant part of the revenue growth is merely increasing prices for current customers.

Where is the innovation to make this a more attractive product for customers, where are durable partnerships ?

If there is a vote, I will vote against this or failing that against all the resolutions.

[harrogate] 09/8/2023 08:44

I agree on option rebases. But we have to be realistic. With the reduction in SAAS multiples and the slower growth rate here the take out price has reduced significantly and so the 90p options are close to dead in the water. If the 44p options act as an incentive then I am ok. Would be nice to see a couple of director buys alongside them mind. I thought the TU was positive with scope to beat this year if momentum continues

[nico115] 09/8/2023 08:14

"allows us to combine reward for past performance"Anyone else laughing out loud ?

[nico115] 09/8/2023 08:02

And no financial hurdles lol

[nico115] 09/8/2023 07:49

Reward for failure That's why when we didn't see director buying at 90p I said it was a red flag .I'm long but luckily lack of director buying stopped me from adding Aim directors have no incentive to deliver if they hold little stk as they just rebase options

[weatherman] 08/8/2023 07:24

Good trading update, expected to meet expectations this fy.

[ali47fish] 31/7/2023 07:28

helium adds fro 3 to 4pc

[weatherman] 17/7/2023 14:03

Sale of office, and small business.

[ali47fish] 22/5/2023 16:40

william currie adds from 3 to 4 pc

[harrogate] 18/5/2023 09:02

Maybe - it looks hard work for them to me

[ali47fish] 18/5/2023 08:25

thanks harrogate- i thought the update and presentation were showing signs of improvement

[harrogate] 18/5/2023 08:05

No they didn't- you need to look at both columns. They have reduced - well their clients have

[ali47fish] 18/5/2023 07:42

spreadex adds

[boll] 17/5/2023 18:58

Space Connect is a smart piece of software. one company I used to work for used it for desk booking in a hybrid work enviroment. Guess it's used to monitor attendance. very easy to use and effective

[ali47fish] 17/5/2023 17:27

is trafalgar capital funding adding or what rns

[dave4545] 16/5/2023 10:06

Couple of quick people managed to sell size bang on the open at 54p now showing as buys.

Def a mm stock, on person selling at 45.31p, when minutes earlier somebody had bought 25k at 50p which they delayed.

[cordwainer] 16/5/2023 09:17

Good to see the new combined software is expected "within the coming financial year", albeit maybe slipped a bit from "the coming half year" stated in early Feb ?

Can't deny Anders & Kern is probably just a distraction now, so swap it out for cash.

The 'ambition' to be cash neutral near term arguably emphasizes a strategy of focusing on software development and product refinement to the max in order to drive market share. Hard work and excellence is surely the only way to keep driving their wedge into the extant market share pie chart.

[tickboo] 16/5/2023 08:11

I sold my 5k at 51p. As you said, Dave this still looks undervalued. I will re-visit here soon, no doubt.

[dave4545] 16/5/2023 08:08

Maybe I'm over reacting and a little jittery on results day but I sold 7500 at 52.16p just did not get that massive results vibe from them ?

[dave4545] 15/5/2023 15:55

Think that is it for today.

Have to see how it reacts to results which is always unpredictable

I will say I can sell for 53.51p still when all the mm's on L2 sit at 50p

[gswredland] 15/5/2023 15:45

interesting

[dave4545] 15/5/2023 15:09

Bit of a shake to 51p bid

Still 53.51p online to sell.

Can also get inside too for size 54.38p

[dave4545] 15/5/2023 09:02

wow it's nuts 20k buyer bang on the opening paying 57p when it was 54p offer

[tickboo] 14/5/2023 14:20

I suspect the same person is responsible for both 25k buys given they were minutes apart. Good to see and hopefully momentum continues next week.