Stilo Share Discussion Threads

[stilolosses] 04/5/2020 12:45

They have no money, no business no workers and no listing.

Desperate times completely

[stilolosses] 04/5/2020 12:43

Have they not already failed.

Failed in Germany and packed up shop. Failed in France and packed up shop. Falied in England and packed up shop.

When they fail completely in North America they will probably go over to Jamaica next.

Just fell off my chair!

You could not make it up if you tried.

Talk about taking the proverbial!

[mudbath] 04/5/2020 12:08

"Once our new CEO galvanises performances across the board,will Canadian Innovator,Stilo International, be looking for a TSX listing ?"

I would say almost certainly so.

Link it to an acquisition plus a small fund raise,reduce the shareholder base,add another Executive Director and away we go !

[stilolosses] 04/5/2020 11:23

They have been receiving R&D for 30 years.

They have received grants of numerous types over the last 90 years.

No difference here.

Being based, officially, in Canada when all their business has been there for decades is now just that. "official."

[mudbath] 04/5/2020 10:52

"In January 2020 we were awarded a Development Grant,value CA$ 148,000 by the National Research Council of Canada under the Industrial Research Development Programme,designed to accelerate the R&D projects of Canadian innovators.
We also continue to be in receipt of R&D credits from the Canadian Government."

Significant!

[stilolosses] 04/5/2020 09:32

Is it free to list there Mudbath.

After all, they just de-listed a few weeks ago because of escalating costs that they did not want to pay.

Why de-list here to save money to then list there.

More like a Laurel and Hardy sketech!

Mr Chaplain not far behind

[mudbath] 04/5/2020 09:06

Great for Stilo investors that we are now a Canadian company.

Once our new CEO galvanises performances across the board,will we be looking for a TSX listing ?

[michaelmouse] 01/5/2020 20:20

That's very true mudbath. I like your "every cloud has a silver lining" attitude. I tend to share that approach and I'm sure it makes for a happier life!

[mudbath] 01/5/2020 19:41

Thanks for your thoughts michaelmouse.

Hopefully, the immediate full impairment of AuthorBridge will help avoid future annual amortisation deductions from the P&L account.

[michaelmouse] 01/5/2020 18:37

mudbath - It's actually Les who's put the report together since Brian Tipper only took over in April (it's certainly Les's name on it), although I hope Brian will be able to reverse this year's poor performance.

There's never been a question about Stilo's excellent management of their balance sheet and cash reserves, and during this pandemic it provides a valuable safety net.

Overall, this year's performance was in-line with their interims and the trading update. However, it's very disappointing to see the write-down on Authorbridge. Given the time and expense on development, it does make you question their prior research on the size of the market and the potential opportunities?

On a more positive note, they had anticipated modest sales growth, a return to profitability and paying a dividend in 2020 until covid-19 struck! Hopefully 2021 will prove to be more fruitful and growth and dividend payouts will resume.

At least we know the share price will remain unaffected :)

For shareholders in this private company, I'd imagine that Brian Tipper will stay a year or two to restore growth and then the company will be acquired by an acquisitive software company.

Very surprised our resident grim reaper has failed to appear?

[mudbath] 30/4/2020 17:47

In line with Government guidelines,Stilo International are now able to release their annual accounts.



Cash,despite the numerous costs,remains at a very satisfactory £811,000.

Brian Tipper,as benefits a new CEO,seems to have had a suitable gloomy scenario painted for him by the new Chairman ;one which he will,to his credit,reverse.

[stilolosses] 29/4/2020 22:07

Well done gentlemen!

Well done indeed!!!!!!!!

No. I will not be taking part on this occasion.

[escapetohome] 29/4/2020 16:49

TERN retern very very pleasing.

I think i just caught the train leaving the station.

I hope StL losses also partook.

[escapetohome] 27/4/2020 16:08

Thanks Mudbath.

Im Fully invested now.

Ill add more to my TERN holding when funds allow.

[mudbath] 27/4/2020 15:29

Well done escapetohome.

I am hoping that you will enjoy a 33% rise in the share price by next Monday.
(even though the market is not yet suggesting any clear route to such a 10p target)

[escapetohome] 27/4/2020 13:03

Ive picked up some TERN today @ 7.6p.

[mudbath] 24/4/2020 19:15

STL has been and remains a brilliant money spinner,clocktower.

Good luck with your investments,where CRU does maybe have the potential to outperform.

[clocktower] 24/4/2020 17:43

Not still fighting over a lost cause are you two.

mud it is clear you have made a fortune on a number of investments/bets and ramps but this never really brought you the rewards I guess you had hoped for - bar when it went up to around 8p it has failed failed failed nearly ever investor but that said it did kindly provide small rewards to me from time to time.

[stilolosses] 24/4/2020 17:24

Stilo the tragedy story now can't even get their dreadful results out.

They only had to ask and I would have got my 10 year old to do them. Not that difficult.

[stilolosses] 24/4/2020 08:44

Morning Mud.

I take it you are not disagreeing with any of those 20 points.

You could pick out with a needle what Stilo have said over the last 30 years of annual reporting and you can easily increase that number to 100 points.

Always was wishful thinking on Stilo's part as nothing ever did happen hence the position that they are now in.

Maybe you can now sign of the 12 month report which is now ready which they are sitting on and unable or unwilling to publish.

Not much in it anyway which we do not know.

Just a question of how terribly bad everything is going to be.

Hopefully a couple of new customers for Author bridge with about £3.50 per month with another 3 customers leaving anyway.

How bad is the only thing that will soon be revealed.

No doubt new boy Tipper will now rescue their world during the present little market wipeout.

[mudbath] 24/4/2020 08:10

CLASSIC

StiloLosses must be a walking talking posting classic example of the nocebo syndrome.

Not one,not two,but twenty examples :-

"The frequency of either imagined or real adverse events is dramatically increased by negative expectations on the part of the patient."

Time to get out more SL.

[stilolosses] 23/4/2020 21:51

We can all agree that whilst you was reporting FACTS I myself was leading everybody up a blind alley and straight onto a banana boat.

[stilolosses] 23/4/2020 21:44

Absolutely Mud!

I think we can all agree that you have reported nothing but FACTS!

You was always right about the following:

1. Revenues dwindling and never increasing, remaining at £1 to £1.5 million over 30 years of trading.

2. World leading products that nobody really wanted.

2. Minute dividend policy axed after a handful of years

(Oops!!! Let's forget the so called wishful delusions from you and the board about special dividends lol)

3. So called world leading customers spending £2.50 as a customer.

4. Workforce being sacked and offices closed.

5. Cash in the bank dwindling.

6. Normal resumption of losses.

7. Three customers piling out for every new customer.

8. Ridiculous and laughable talk about acquisitions with hardly anything to buy and no money to buy anything other than a loaf of bread.

9. A company strategy which never worked and will not work after 30 years of trying.

10. A website that cost thousands that was never needed.

11. A market size that continues to dwindle at a ridiculous rate especially where Stilo are concerned.

12. Competitors doing a much better job than Stilo.

13. Companies using free tools available on the market.

14. Continuous lies and fabrication about 30 year old customers in IBM about to spend big when they only ever spent about £5 a month on a pay as you go service. Still a customer though.

15. Management continuing to fill their own and their children's boots with plenty, plenty, plenty.

16. Forcing biggest shareholder to offload and run a country mile before the company goes bust.

17. Management completely running out of ideas and now operating on a bare minimum with the biggest downturn in living memory about to kick in.

18. Management kicking out loyal long-term staff with a click of the fingers.

19. Rubbish and continuing to be rubbish trading before the company completely calls it a day.

20. Deciding to de-list the company so that Ashman and his sons can buy parts of it and give it to their kids

You really have been reporting FACTS for the last 30 years or so Mud.