System1 Share Discussion Threads

[itsnotmeitsy0u] 22/6/2020 22:18

any idea on when results are due?

[itsnotmeitsy0u] 16/6/2020 12:55

my thoughts too

[longshanks] 16/6/2020 11:19

Buying myself. Seems far too cheap at these levels, but we really need some data to see how the business is fairing. My view is that this will either recover in its own right or get bought out.

[itsnotmeitsy0u] 09/6/2020 10:10

well bought in but trade not showing - prob delayed...

[itsnotmeitsy0u] 29/5/2020 18:12

Tempted to buy at these lvlsEps now what on a ratio of 3.84%?KKLO/ps is 10

[topvest] 08/2/2020 18:15

I agree with you. It’s always been a good, albeit often over valued company. I’m not sure a share buy-back is a cautious use of funds given the investment required. Odd that the share price motored ahead of a profit warning! It’s been on my watchlist for a long time, but I have never really felt it was good value. I’m still sceptical. A lot of the value is tied-up with the founder.

[tabhair] 08/2/2020 01:41

My guess is that we will see a further exodus of shareholders once the dividend is cut. Personally, I cannot see how they can maintain the dividend, the buyback, the AdRatings investment in the face of falling profits.

The main reason I sold is that I am less confident on the business going forward than what I was when I bought 18 months ago. The economy has improved, stock markets are up, unemployment is lower - yet advertising has delivered a profit warning. My thought is that maybe this business is structurally impaired.

[longshanks] 06/2/2020 12:20

Can't blame anyone selling: "materially behind expectations" says it all.


It looks like this deal with ITV Commercial has been known by some insiders if not the public domain for a while - the video would have taken time to create - so I suspect the recent rise has been on speculation that AdRatings - "Test my Ad" - is gaining traction.


For shareholders there is still likely to be some time before it feeds through to the bottom line. Not sure they will cancel/cut the dividend - nor is it clear if any shares bought back will be cancelled - or simply held in treasury (for stock options).

[henryatkin] 06/2/2020 11:47

I sold as well but think the share buy back could offer some support & hope for long term holders.

[tabhair] 06/2/2020 11:23

Ditched my shares at the open on this one. Gross profit down, costs up, results to be "materially below the current market expectation". AdRatings may eventually prove to be a winner, but at this stage it's too speculative for me.

I think this may have further to fall as well. Management have already warned (on numerous occasions) that the dividend may be cut. The announcement of the share buy back will seal that. With profits dwindling and the cash balance not too high, the proposed £1.5m share buy back can only happen if the £1m dividend is cut.

[longshanks] 06/2/2020 10:27

How would you know if its applicable if you aren't woke, Pug?


Here is the announcement of the deal from ITV commercial - comes with a video featuring Ian Wright!

[tiger60] 06/2/2020 09:26

well he woke up to this bad news

[longshanks] 06/2/2020 09:17

It's a modern way of talking Pug: maybe you aren't woke?

[pugugly] 06/2/2020 08:36

Can anyone translate this rns gargbage into plain English

"due in the main to the ongoing transition of sales talent"

If their client reports are written in this sort of language no wonder they are losing clients -

[hydrus] 06/2/2020 08:28

Out too - a 29% profit still so not too bad. Disappointing update.

[tiger60] 06/2/2020 08:02

Out at 2.43 very happy with that, surprised with such an illiquid stock it is where it is first thing. Not sure it will last

[henryatkin] 06/2/2020 07:43

Oh dear, to think I was going to buy more next week. Can't win them all.

[tiger60] 06/2/2020 07:25

Erm completely wrong. Walked up and now screwed

[longshanks] 04/2/2020 21:09

Definitely a case of no news is good news though.No trading update means no profit warning and an opportunity for the update in April to beat expectations.

[tiger60] 04/2/2020 16:19

Quoted share price higher than the buy price today - so down later or early tomorrow. Wish we had more news flow

[longshanks] 30/1/2020 22:15

Nice, isn't it.

[tiger60] 30/1/2020 18:16

So quiet here

[longshanks] 28/1/2020 09:31

I have seen some selling but the direction of the is clear.Need to break 275p, but a strong recovery to 500p and beyond is a real possibility this year.

[tiger60] 28/1/2020 09:01

I think every trade since 16th Jan has been a buy. Granted not massive volume but some significant trades. Finally on the up