Tern Share Discussion Threads

[warrenfingerfood] 27/9/2019 07:52

Sweepie, expanding businesses need money to feed the expansion. It’s not like the rail network that charges you now for a promised service in the future. If you have new customers now they need support now, with SaaS model it’s front loaded on the expense per customer. The profit builds month on month the cost stays roughly the same. I can easily see if customers via Microsoft and the other blue chips are now coming on board in numbers it needs cash injection.

[marky60] 27/9/2019 07:50

Not if you know your investors will continue to back you.

[sweepie2] 27/9/2019 07:41

Only when we see that in a trading statement from DA can we believe it, I would have thought that we should have reached that point already but the loan states otherwise.
But gaps between loans getting longer and longer this ought to be the last one but surely said last time we gave them a loan.

Have to say makes moving into their new accommodation when they did look even more reckless as at the time they didn't have the income to justify it.

[likya123] 27/9/2019 07:21

No fund raising as DA goes into profit and exponential growth TERN will never need to raise cash again.

Winnifirth and his criminal gang still hurting from being told where to go by TERN directors.

Many many pounds not pence.

[wardy333] 27/9/2019 07:17

Lambat exposed as one of the shorting scum cartel that is operating here no surprise there to anyone.

[jonc] 27/9/2019 07:12

No news on the fund raising!!!

[jonc] 27/9/2019 07:12

Hysterical nonsense.

[sweepie2] 27/9/2019 07:10

Vicky Retweeted
InclusiveTechAlliance
@TechAllianceUK
·
14h
Congratulations to our #ITAAwards2019 Finalists! Chief Technology Officer of The Year Finalist - Vicky Smalley
@VickySmalley

[crazytowner] 27/9/2019 03:42

Likya123,. You say the call will be very interesting, I have to disagree. The call will be extremely limited.. Per yesterday's RNS:. H1 2019 results shareholder call. A shareholder conference call with accompanying presentation slides will be held at 10:30 AM GMT on Monday 14 October 2019. The call will be hosted by the Company's CEO, Al Sisto, who will discuss the period under review and answer pre-submitted shareholder questions to the extent that he is able to do so. No new material information or update on trading will be provided.

[duxy786] 26/9/2019 23:44

Also, all loans to DA have been given an extension until 31st March 2020, DA is now safely predicted to be insolvent for the rest of 2019....as stead put it....however, their in no guarantees n if the parent company can no longer hold their own, all the dominoes will come crashing down

[duxy786] 26/9/2019 23:41

Maarleck, how many times. I am an individual, I don't know Jon, John mathews, stead or anyone from shareprophets....I have been in these markets for over 15 years and I based my opinion on MY research. Ian not a sheep. I am also a techie with a good understanding of a broad range of IT and mobile technology inc. networks, platforms, operating systems and security.You can assume what you want, but more and more people are coming to the conclusion I did when I first researched this.....DA is a money sucking leach and chances of real success are slim to none. When the open funding failed, it was a nail in the coffin for DA and now it's just a matter of time before the impairment unless they can conclude that investment with an exit and loans repaid, which means they simply won't get much for it.

[maarleck] 26/9/2019 21:44

Of course it’s what you’ve been saying for weeks, you are in cahoots with the fools from Shareprofits, I’m convinced you knew what and when they would be posting, yours is a mutual loathing and vendetta against Tern.

Time will tell

[duxy786] 26/9/2019 21:42

Mike, what party, looks like you missed the party....oh and there is no after party. I can't wait until you are savagely verbally attacked by those here who have lost a packet because of you ramping scum. Tern placing and near out of cash. It's really not looking good for this plc

[seewhatimean] 26/9/2019 21:28

When are you applying for your English lessons refund Mrs Flop123?

[mike routhorn] 26/9/2019 21:24

I dearly hope you naysaying scamps are planning on staying around once we re-rate.

The party wouldn't be the same without you.

[poppet123] 26/9/2019 21:22

Www.johnmathews.eu aka bonehead

[seewhatimean] 26/9/2019 20:14

DA has been stuck on repeat for over 18 years.

[stead41] 26/9/2019 20:05

“Device Authority frequently receives requests from customers to provide an integration between KeyScaler and Microsoft’s Azure IoT Hub. With KeyScaler 5.8 this is now provided out of the box and can be easily evaluated through our online evaluation portal. It’s an exciting time to work with Microsoft to enhance the value of IoT,” said James Penney, Director of Product Management at Device Authority.


Sound familiar?? It should, it has been stuck on repeat since April 2018...

[seewhatimean] 26/9/2019 20:04

It will be insolvent until it goes under. It must be insolvent to the tune of £6m currently with no hope of paying anything back.

[stead41] 26/9/2019 19:51

Also, all loans to DA have been given an extension until 31st March 2020, DA is now safely predicted to be insolvent for the rest of 2019....

[seewhatimean] 26/9/2019 19:42

Love this gibberish from Stark Raving Loon:

Likya123 26 Sep '19 - 19:30 - 166911 of 166911
0 1 0
DA's "strategic partner" has to be Microsoft. The clues have been there for quite a while and more recently mentioned by AS yesterday in the interims.

[stead41] 26/9/2019 19:24

ebomber 26 Sep '19 - 08:43 - 166816
0.600000
DEVICE AUTHORITY - PROFIT FROM Q1 2020 ?

Based on total convertible loan funds to DA on the "14 SEP 2018 the loan cash burn was circa £140,000 per month.

12 months on and up to "26 SEP 2019" recalculation of the convertible loan cash burn is circa £75,000 per month.

With revenue growth now safely predicted at 50% for DA (Interim RNS 25 Sep 2019) and with just 14 weeks before end of year it appears potentially NO MORE DA LOANS EVER REQUIRED.

As a modest LTH I certainly welcome this key milestone with...




DA has been burning through £115k a month this year, you need to check companies house for all of the charges..

As communicated by Tern, InVMA secured the largest contract in H1, FVR have secured 2 contracts, these contracts was to create a VR simulation for a pharmaceutical company and not gained from their Flight Simulation Platform.

DA wasn’t singled out for any growth in revenue, there is no evidence to support this claim..