Tern Share Discussion Threads

[troutisout] 18/9/2018 08:02

Really can't see why the other thread are so myopic about the timeline changes and can't seem to understand that due to delays/changes in the product offering things have moved back, to keep to his previous timescales would see the sale of DA at a earlier stage of commercialisation and therefore a much lower price.
As with any partnerships things get changed and tweaked so the product is the best it can be for the partners, this happened all last year and to a big extent this year too.
That is normal, Keyscaler has been developed and got better and most importantly this has been done in conjunction with our partners wishes. This moves the timescales away but gives us a better chance of commercial success when rollout begins.

I think too many on the other thread believe themselves to be experts now and are far from that, the fact that other posters laud them as experts is even worse.

I see Dave444 is running out the old forecasts, they have been rescinded so stop trying to use them, that is deceitful.

I hope AS gives us some more info in the conference call, but think everyone has got well ahead of themselves and this doesn't give AS any room, as he has to say it how it is, not how you would like it to be...

[thehitman1] 18/9/2018 08:00

10p, 5p, 2p.

[thehitman1] 18/9/2018 07:59

Easy money up and now easy money down.

[loughton] 18/9/2018 07:58

Yes, because it's 'worth a maximum of £10k

wardy333 18 Sep '18 - 07:52 - 120901 of 120901
0 1 0

Still holding but perplexed at the 10 million valuation of D/A when that is the main investment here.

[o1dsmokie] 18/9/2018 07:58

Insolvent,placing, placing,placing, placing,1/100p,

SQUAWK!!!!

,,,,,,,,,,,,,,,,,
Dirty Polly!!!

[loughton] 18/9/2018 07:56

Some lovely FACTS, everything else is just lying idiot clowns howling at the wind:

PLACING AFTER PLACING AFTER PLACING AFTER PLACING AFTER PLACING JUST TO KEEP THE LIGHTS ON.

No sales to RNS.

Delayed FS.

Cashflow problems.

Loss making.

Not a single dollar raised.

DA had to have the loan extended by 3 months.

Continuous funding required to stay afloat.

Convertible holder and placings selling out.

Insolvent.

'Worth' less than 1/100p

[wardy333] 18/9/2018 07:52

Think the plan to keep buying companies is a bad one, keep what you have and improve them.
Sisto seems hell bent on having at least 12 companies no matter what the cost to holders is, he does not care who he gets the placings with as long as he gets the cash and then holders suffer with forward selling etc etc.
He needs to up the game Thursday and tell holders exactly where D/A are in revenue and sales, you can't keep fobbing it off.
Still holding but perplexed at the 10 million valuation of D/A when that is the main investment here.

[dave444] 18/9/2018 07:51

Simply delay in uptake for DA resulting in a period of upto 5 years

[1happydays] 18/9/2018 07:48

can someone ask Al about the 2 year odd extension they've snuck on the end of phase 3?

'with the aim of successfully exiting investments within a timeframe of 36 - 60 months after our initial investment'.

I'm fairly sure it used to be 33-39 months, Al can certainly shift a goal post or two!

[pp_7] 18/9/2018 07:43

I hope we get some answers on fundraise - whoever paid 26p would have been privy to all financial data including DA revenue forecasts.

At present there is a massive hole in the interim financials re: DA. So even if Al can confirm the old DA revenue predictions are now back on track (albeit 6 month late) that would be a major vote of confidence without giving too much away.

I know sales forecast can be ambitious but if the growth predictions transpire based on actual IOT device update there is massive intrinsic value in keyscaler.

[loughton] 18/9/2018 07:43

FORECASTED 'SALES' FOR 6 MONTHS OF 2018 - $2.6M

ACTUAL 'SALES' FOR 6 MONTHS OF 2018 - ZERO!!!!!!!!!!!!!!!!!!

COULD NOT BE WORSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[loughton] 18/9/2018 07:42

Has anyone seen any DA 'sales'??????????????????

ANYONE?????????????????????????????????????????

[kidknocked] 18/9/2018 07:37

A couple of questions for Thursdays conference call:1) If Tern keep subbing DA every three months, when do they run out of money ?2) If funds are already an issue for Tern, then how is the purchase of six additional firms going to work ? Both of the above sound like a placing to me.

[goofrob] 18/9/2018 07:29

I am also looking forward to the Conference call. Will look to buy more depending on price...GLA.

[sweepie2] 18/9/2018 06:50

Not with John and associates picking up the slack, looking forward to the conference call

[dave444] 18/9/2018 06:42

Gross Profit for 2018 would have been 5m if timing and full funding had gone to plan!
Which just goes to show where we are going to go in the second half of this year and the first half of next year!

[dave444] 18/9/2018 06:39

Upon completion of the US$2.5 million first close, Tern's ownership will
be 53.2%.

Upon a successful and full completion of the proposed fund raise, Device
Authority is forecast to achieve the following:




For year ending 2015 2016 2017 2017 2018 2019 2020 2021
6 months
31 December to 30 June
Consolidated results Actual Actual Actual Projected Projected Projected Projected Projected
$000 $000 $000 $000 $000 $000 $000 $000
Recognised revenue 71.2 57.0 39.8 604.2 5,106.6 10,805.0 20,342.4 33,413.3
Cost of sale - - - 8.5 76.6 149.7 286.8 501.2

Gross profit/(loss) 71.2 57.0 39.8 595.7 5,030.0 10,655.2 20,055.6

[barnetpeter] 17/9/2018 23:43

Tern started the year at just 2p.....and I reckon it might end close to that. Fantastic rally of course and my biggest winner of the year by a mile.

[1399peter] 17/9/2018 23:33

Duxy

Your analogy of the city traders and the AIM market is spot on, they are traders after all, they don't do research and don't give a toss about future prospects, its just a churn for these guys that has no baring on the companies future.