Tern Share Discussion Threads

[sweepie2] 29/1/2021 08:29

Yes I haave had one from him this morning
Market down feeding into a few sells at Tern, not a time for selling imo

[robberywithviolets] 29/1/2021 08:27

Well coined down before coined up and two pm’s from the nut job. I must be getting it right if loony (private jet at Heathrow, financial advisor to governments, Brexit will not happen and IOT is just a passing fad) is getting over excited.🤣
29315;🤣315;

[kcowe] 29/1/2021 08:26

That is why I believed wyld was worth more than a 4.5mill market cap, potential is massive ... should have been able to get a bigger raise for the equity given up.
Look at the market cap for DISH as an example a restaurant table app. 4million quid .. that industry is destroyed . wyld by comparison explosive growth ahead.

[robberywithviolets] 29/1/2021 08:17

SW it’s Wylds unique combination of software and how it can integrate different levels of hardware. It works across specially developed hardware and hardware we all have in our homes and pockets. It works at a local level or global level. It solves problems and has invented new solutions. For Tern and it’s shareholders it’s a flock of golden geese.

[sweepie2] 29/1/2021 08:09

Don't think we will be waiting long for the next announcement

[still waiting] 29/1/2021 07:50

Also picked up on AW saying hard to switch off from thinking where the wyld technology can’t be applied.

The more partners they sign up in 2021 should lead to explosive growth as they think of even more verticals and markets it can be applied to, which is at the partners cost not wylds.

Future giant here.

[robberywithviolets] 29/1/2021 07:30

If £750. Is enough to get it launched into all these markets why raise more? It’s not buying stock to deliver for future orders. So if £750. Is enough to generate a decent income I’m happy, chances are down the road it will need a top up but by then a better idea of how much and where. I’m more than happy with the fund raise. Besides it was as much to secure onboard market assistance as it was the cash. We have a committed investor.

[tyrano1] 29/1/2021 05:19

If £750k is what they need for the next 12 months then I don't see a problem with it. Better to get the next tranche of funding if it is required at a higher valuation. Agree on DA and InVMA but I think both will be moved to the new model soon.

[richj5000] 29/1/2021 04:06

Anybody else disappointed with yesterday's fundraise?£750k... WTF! It's about time somebody funded Wyld properly.Same applies to DA and InVMA. I think FVR are better placed luckily.I'll grant you Tern's market cap is low but it isn't really surprising is it? Someone really does need to get this show on the road with some decent funding. Living "hand to mouth" doesn't work for me anymore!

[daicaprice] 28/1/2021 22:27

I was aware Wyld couldn’t keep up with the hugely willing leads it was being handed on a plate, the partnership with Ascom and the new funding will propel Wyld to a totally new level.
As I said earlier I’m now holding a number of Tern shares I never believed possible, 1m was always my long term target and now if I can get to 2m before the next bit of news under 10p I will be extremely happy.
Some may call me foolish but it’s a very well researched and patient foolishness believe me.

DC

[still waiting] 28/1/2021 21:39

You can’t run before you can walk but I think Wyld is starting to break into a little jog now.

[kcowe] 28/1/2021 21:30

You get it sweepie2 wyld keeps good company

[sweepie2] 28/1/2021 21:17

In line with the communicated targets, Ascom achieved a revenue growth of 3.5% (at constant currencies) and an EBITDA margin of 8.9% for fiscal year 2020, based on preliminary unaudited figures.

Based on preliminary and unaudited results, Ascom generated net revenue of CHF 281.0 million for fiscal year 2020, which reflects an increase of 3.5% compared to the prior year (2019: CHF 282.9 million) at constant currencies.

Incoming orders came to CHF 322.4 million, representing a growth of 6.2% (at constant currencies), while the order backlog increased to CHF 215.6 million (+ 20.8% at constant currencies).

Ascom improved its operational profitability in 2020 and achieved an EBITDA of CHF 24.9 million with an EBITDA margin of 8.9% (2019: CHF 0.8 million with an EBITDA margin of 0.3%).

Cash generation throughout the year was positive resulting in a net cash position of CHF 12.8 million as of 31 December 2020.

Ascom will publish further details and the full Annual Report 2020 at its Annual Results Conference on 11 March 2021.

[kiwimonk] 28/1/2021 21:12

You say you don't trust sisto and you buy 16 grand of stock?I think you have too much money if that's the case, so why don't you get 16k and burn it on a fire then!?There's no difference

[kcowe] 28/1/2021 20:29

How cheap is DA .... by market cap of what? £23 million.... what influence does it have.... By the looks of the presenters and companies at DAs conference , multi billion pound companies it has a great deal.... the market cap is at a mismatch with the company they keep. DA has the makings of being worth a fortune against its published book value.

[kcowe] 28/1/2021 20:01

I had a feeling that wyld was worth more... 18.9% given away ... for how much? mmmm Ascom are excited by wyld ... picked up a clients in north and south america, ,, it is as if AS is diluting us from the inside ... He likes to give assets away for not alot in return Why? what are we not seeing here ?

[ebomber] 28/1/2021 19:55

Tyrano1

Most TERN plc shareholders share you lens on the matter.

We can expect more VC's / institutions participating in the spectacular growth curve in the immediate term.

[tyrano1] 28/1/2021 19:52

I've increased Tern from 20% of my portfolio to 40% for the simple reason that the BOD have pivoted to model that is less risky and more sustainable in the medium to long term.

It is hugely dilutive (for a publicly listed company) as we know to try to retain share of companies all the way to exit. It limits the number of companies that you can have in the stable and hence increases the risks. It also stifles the companies in the stable because you can't give them the growth capital they need.

Tern are now focussed on being a seed/angel investor. Other VC's and institutions will participate in future funding rounds and therefore we'll get regular revaluation events which will help to drive the share price forward. There will also be exits at some point that will give investors a dividend and will give Tern a capital pot to grow the portfolio. Until the first exit(s) appear there could be additional placings but they will become less frequent and with revaluation events will eventually be off higher share prices.

Wyld and FVR have already moved from relying on Tern placings and I suspect DA and possibly InVMA are very close as well.

I'd rather have 25% of a unicorn than have 60% of a company stifled by our inability to provide them with appropriate growth capital.

[astonoid] 28/1/2021 19:50

If a few of our companies are on the verge of new things, why hasn’t al sisto bought a shed load of shares? Or am I missing something?

[daicaprice] 28/1/2021 17:15

vitec I keep a trading pot and I too have had some great trades over the last few months, I agree with all your sentiments apart from I will be keeping more than 1m for the big long term payout and I have been ploughing recent profits into tern so that I am now at my highest ever holding of 1.78m.
I think we all agree in the long term plan and I don’t doubt there will be another placing of shares but I am more confident of who will now take them and that the price will be acceptable to current shareholders.

All my own views of course.

DC

[wardy333] 28/1/2021 17:04

Well its either placings or give up some percentage until they start getting better revenue in, D/A had their best quarter but what that means is unknown in monetary terms, if its a revalue and give up percentage then that is slightly better than the bucket shop route most seem to think.

[vitec] 28/1/2021 16:45

DC, I do not trust Sisto and I think the share price has had trouble making a move upwards as many are wary of a placing should the share price start to rise. The man has got form. The 200k is not an investment for me it is a bet that the share price will rise and I will be able to profit from it. I am not going to write rubbish like I am here for the long term (which I have been), I am happy to buy "cheap" shares and I only see blue sky ahead. The fact is Sisto is to blame for such a low share price I own a million shares which is considerably lower than the 4 million I used to own and I will hold onto these shares come what may.

I sold 75% of my TERN holding and invested elsewhere in 4 different companies. One has gone up 6 fold, another 8 fold and the two others have doubled. Investing in TERN you have to have a lot of faith that the potential will be realised. I now believe TERN and the investees are at a tipping point and that some of the potential will be realised but the back drop is Sisto and Payne and their continual placings. No one knows when the next one will come because we have no financial metrics to guide us. All we have is our faith that it will come good and I suspect many investors have thrown the towel in and thought there are better pickings elsewhere. Once the share price has started to stabilise then investors will start to take note. The next 4 weeks should be interesting.