System1 Share Discussion Threads

[cockerhoop] 30/11/2021 10:20

My understanding from a thread on Maynard Patons site is that System1 LLC applied for the System1 trademark in the US but failed (abandoned Apr 2019) and then System1 PLC applied successfully in September 2021.

[boonkoh] 30/11/2021 09:12

Picked up more this morning. Love the illiquidity and lack of interest, as in the past two updates this share barely moved on results day before motoring up double digits in the coming week or two. Looks like the same will happen.

[longshanks] 30/11/2021 08:52

Agreed. System1 LLC own the System1.com domain name which shows some precedence - but equally it could just have been a cybersquatted domain when SYS1 were registering.Either way SYS1 do have registered trademarks so it will come down to what trademarks System1 can claim IMO given that term is not used by any of their umbrella businesses

[frazboy] 30/11/2021 08:15

Thanks for the posts Longshanks. The pertinent question is, when did System1 LLC adopt the System1 name - was it 2013? Not that I'm a lawyer, but it would at least give more of a feel for likely success/failure in the case.

[longshanks] 30/11/2021 08:02

Correction: they aren't quite the same.System1 LLC appears more a parent company for lots of web sites linked to marketing.It is the expanding use of the term System1 that appears to be of concern: especially given that will be the name of the listed entity. Whilst SYS1 has a number of US registered trademarks, "SYSTEM1" on its own is only registered in the UK and EU.

[boonkoh] 30/11/2021 07:59

8.80 eps in the bag for H1.Way too cheap for a company that is seeing a growth shift to a SaaS model. Also £7.5m net cash.

[longshanks] 30/11/2021 07:18

An interesting conundrum System1 LLC appears to do exactly what System1 PLC do.What is less clear is who applied the name System1 first. BrainJuicer was rebranded as System1 in 2017 whereas if you go to System1.com they claim to have been around since 2013.

[frazboy] 19/11/2021 16:15

Very illiquid share and very quiet board. And not one comment on the trademark infringement case.

The question I have is, is this purely about use of the 'System1' name, or does the case go deeper? What seems to have triggered the infringement claim is System1 (the defendant) is about to list in the US. They have around 300 employees.

Anyone have any thoughts?

[topvest] 26/10/2021 11:12

On the flip side, the share price will likely go through the roof if institutional shareholders see the real potential and start buying with such illiquidity.

[boonkoh] 25/10/2021 14:44

The rise continues! Doesn't take much to get the ask going up; just barely 3k of volume today.Management need to do a bit of a roadshow, get more investor interest, introduce more liquidity. I'd love to buy much much more but also have a very hard and fast rule on maximum position relative to average liquidity.

[topvest] 22/10/2021 09:29

I've decided to enter here. Their new business model appears very promising and scalable. Kicking myself for not entering a few weeks ago, but still some way to go on the share price if this business model continues to gain momentum. The £1bn aspiration would be nice as that would be a 20 bagger, but time will tell. The founder is a very smart cooky in my view and they are top quartile in their area. I have followed Brainjuicer for many years but always held off buying on price grounds. I think its now different as their new approach is far more profitable and scalable.

[p1nkfish] 21/10/2021 12:28

Week around 25/7 had overhead resistance on the weekly candle to 380p.
Need to break that as a close above. About another 5% on current price.

[cockerhoop] 21/10/2021 10:39

Quite interesting (at least to me) example of how SYS1 added value to GSK with Test My Ad.

[p1nkfish] 20/10/2021 16:27

Good to see push through 280p towards eod. Best forgotten for a year or 2 to avoid temptation.

[srichardson8] 20/10/2021 09:21

the company has a pretty eclectic (major) shareholder register presumably reflecting the situation prior to the disappointing trading period a year or so back. These are encouraging figures though net profit is still well below the immediate previous half. I am slightly concerned that the obvious cost reductions made in response to that difficult period may be reversed too early (e.g. remuneration complaints) but clearly if the company could achieve anything remotely similar in the current half year to the net profit achieved for H2 2020 then we would be looking at a very low p/e and (I think) a reversion to excellent returns on investment.That half to March 2021 was marked by a signifcant R&D tax relief of £0.5mn btw efectively inflating the net profit. This is a very small microcap but if this is for real it may well attract one or two microcap funds. We want and need to see some sustained growth from the change in revenue structure to get this going properly.

[boonkoh] 20/10/2021 08:01

Stunning H1 profit results today, despite increased investment. Brokers definitely upgrading for FY... IMO the 10p EPS is looking more like 15p now.

[boonkoh] 08/9/2021 22:45

Interesting in depth writeup on the latest results by Maynard Payton:hxxps://maynardpaton.com/2021/09/07/system1-better-than-expected-fy-2021-results-reveal-accelerating-data-transition-and-bold-1-billion-market-cap-opportunity/#why-i-own

[adamb1978] 18/8/2021 16:32

I face that challenge too at times!

I've recently amended my rules to change my limit to differentiate between companies which have the potential to mult-bag, vs those which realistically wouldnt do so

[boonkoh] 18/8/2021 15:56

Well, this is the problem with an illiquid share, in an illiquid market.Wish I'd top sliced at 350p and have some portfolio space for topping up at this price point. Can't break my portfolio allocation rules to add more :(

[adamb1978] 18/8/2021 13:53

Only £75k or so changed hands and price off 8%

[boonkoh] 18/8/2021 12:53

Someone's keen to sell into a thinly traded market!Would have picked up a bit more at this price but already committed the max I'm comfortable with in my portfolio.