Ubisense Share Discussion Threads

[p1nkfish] 11/9/2017 09:14

Current Hurricane events might help UBI sell MyWorld products in NA.

[p1nkfish] 15/8/2017 14:56

<1x sales

[p1nkfish] 03/8/2017 08:47

Orderly exit by Living Bridge (or whomever holds the overhang) would do this a world of good. LB probably have about 2.3M left, approx, about £1M.

Kestrel can't absorb that now.

Management would do well to organise some way of encouraging a buyer to remove those looking to get out and tidy up.

[p1nkfish] 02/8/2017 08:42

There is an overhang of stock. If there was an orderly quick exit by the seller(s) I think the price would recover quickly.

[p1nkfish] 01/8/2017 22:23

Backlog should be around £10.4M as per H1 2016 release, stated. EQUAL.
2017 revenue stands every chance of being > £22.4M in that case.
H2 2016 revenue was about £16.1M for an FY16 £26.5M from the same backlog.

I suspect FY17 will be > £27.5M with improved margin.
Current market cap at £22.92M.

Debt around £3.2M vs £4M per H1 2016. IMPROVED.
Cash at £6.4M vs £5.0M per H1 2016. IMPROVED.
Net funds £3.2M vs £1.0M per H1 2016. IMPROVED.

Not to forget no fund raising H1 2017 vs H1 2016. BIG IMPROVEMENT.

Also, ANGLEID is yet to kick in big time as are improved margins from the move to software and the run off of Small World.

It looks good to me.

[p1nkfish] 01/8/2017 09:49

Interesting update. Some noticeable improvement and move to software will only improve margins. Can we say recovery on track or will they drop the ball?

I'm tempted to say on track. New CEO in his seat and Haverson back in the Chair role. Suggests Petti is ready to drive the bus. Haverson has been a safe pair of hands.

[dibbs] 16/5/2017 22:11

Anyone attend the AGM today?

Cheers

Dibbs

[p1nkfish] 26/4/2017 10:03

Having done more looking into demands UBI can service I am convinced there are multiple suitors and that a £50M market cap is very, very realistic and in relatively short order. Likes of Bosch, Siemens, GE, Honeywell and others are good matches to RTLS and SmartFactory/Space. The other side could even split off.

I don't know why there isn't more interest yet. Guess others will join once the price has risen.

[p1nkfish] 15/4/2017 00:37

13.12M shares in the < 3% category currently out of about 55.88M shares. Kestrel total now at 28.48%.

Living Bridge is probably the weakest link at 3.88%, 2,169,682 shares.

[p1nkfish] 07/4/2017 10:52

Good luck with whatever it is.

[aishah] 07/4/2017 08:35

I sold out recently to rotate money elsewhere. No complaints since uplift was 50%+

[p1nkfish] 07/4/2017 07:46

The tone is very positive and indicative of a real sea change.
Annual report now out has:

excellent - 5 times
problem(s) - zero times

improv as the root - 30 times (not all related to the business directly, but an idication), improve - 11 times

challeng(e, es, ing) - 7 times and often related to what faces customers, only once to Ubisense in the past tense for 2016 and related to staff

solution - 13 times, mainly related to what the company offers
solution + solutions - 40 times

Increas (as the root) - about 40 times and vasty majority in a very positive tone related to business performance

risk - about 75 mentions!!

[p1nkfish] 29/3/2017 13:20

Look at Industry 4.0 and the potentially linch-pin role Ubisense can play.

Kestrels experience (via KBC) in plant management/optimisation through software makes their attention to Ubi extra meaningful to me. Profitability will come, interested to know the impact of the debt collection January 2017.

[hastings] 29/3/2017 10:20

Very similar pattern to its stance at KBC Advanced Technologies which reaped big gains for Kestrel.Difference is, KBC was profitable.

[p1nkfish] 29/3/2017 10:17

I think its worth having a few if you can around 45p - especially if its Living Bridge tidying up for tax, or similar.

[p1nkfish] 29/3/2017 10:16

Might be tax loss selling out of the way by end of next week?

[p1nkfish] 29/3/2017 10:15

Kestrel have a man on the inside and the buys keep coming.
Interesting. Another 100K.

[p1nkfish] 27/3/2017 07:54

If Living Bridge are clearing out they have about another 2.5M to get rid of.
A limit will soon arrive where Kestral can take no more on board.
At that point it will be interesting to see if the price weakens as the results will be in the rear view, a seller active and the primary buyer not able to take up the slack.

Today - Kesteral and related parties have:

"15,815,493 Shares in the Company, which represents approximately 28.30% per cent of the Company's issued share capital."

In effect up to another 1.7% for Kestral and parties - 950K approx. - and they have to make a bid.

I think there could be an overhang for a while longer barring some news that encourages a big new demand for shares.

[p1nkfish] 23/3/2017 20:22

SIGNIFICANT is important and note DEBTOR.

Now, is a debtor collection a normal income or an income that was delinquent?

Anyone know?

[p1nkfish] 23/3/2017 20:20

There is a real incentive to get to 70p for bonuses. Now net cash as of 31st Dec 2016 and, not in the last results, is the impact of the further cash increase in Jan 2017 mentioned in the trading update below. Emphasis mine.

"The Company expects to report a net cash positive position as at 31 December 2016, which has IMPROVED IN JANUARY through SIGNIFICANT DEBTOR COLLECTIONS, and is in compliance with the banking covenants on its new HSBC facility."

[aishah] 23/3/2017 15:47

Someone's soaking up stock here.

[hastings] 22/3/2017 07:44

Kestrel buying again.

[p1nkfish] 21/3/2017 19:22

hew, not a vast amount of free float so long as Living Bridge don't look to sell down further.

[hew] 21/3/2017 17:46

Pinkfish, thank you. Sounds a sensible policy in recovery mode, which the Results do make clear. It was a recovery buy for me. I'll hope to see positive news flow on their site, then! Total sells less than £20K worth and the little rise remained, so indeed most holders would seem happy to continue.