Oxtrader
16 Sep 2016
Remaining Cash There's roughly just £1.9m cash left in the bank for Rosslyn. This to my experience means it'll almost certainly go for a right's issue to add a buffer & accelerate the company. Especially since their IPO was quite muted; it would seem very tempting to have a second go with a far larger potential uptake, now that Rosslyn has more visibility. Results look like progress however.
Oxtrader
03 Dec 2015
"Wildnet was a small private software company in which Mr Quinn had previously invested. It has outstanding liabilities owed to third party and trade creditors of approximately £17,000." Did Mr Quinn sell his shares today, which of whom I suppose may of been the 395,757 sold 11:22am. If so, this was done *before* the announcement (not sure how allowed this is) in order to pay back the liabilities owed for Wildnet?
Cadenza
17 Sep 2015
cenkos note Software & Computer Services: Description: CenkosRosslyn Data Technologies Plc (RDT, 17p, £13m, BUY)Ramping up into 2016EThe FY15 results show a pre-tax loss slightly lower than expected. The partner relationships are only just beginning to ramp-up so the historic results show little positive benefit from these. 2016E is the year when these partnerships begin to materially impact the business and the share price, still almost 50% below the issue price, has not woken up to this.n 2015A results. Revenues rose 37% yoy to £2.83m in line with July’s trading update while second half revenues of £1.58m rose 50% yoy, reflecting the positive impact of the IPO proceeds. Partners represented 25% of revenues, up from 10% last year. LBT of £3.5m was better than the loss indicated in the update of £3.65m. n Growth. Lead generation is reported as accelerating, sales cycles reducing (from 120 to 75 days) and conversion rates increasing. Management is also reporting a sales pipeline growing faster than reported revenues. We believe a number of material new partnerships are in the pipeline.n New mining client. Last week Rosslyn announced a direct customer win in the mining sector. The two year contract ramps-up mid-next month and the £400k value will be recognised evenly over the contract term. The focus is on cash management and analytics ‑ a growing area for commodity companies looking to become more agile.n 2016E is key. The recently announced partnership agreements begin to ramp-up in this year. A number of existing Genpact clients will migrate on to Rosslyn’s platform within the next couple of months. Rosslyn is also beginning to pitch jointly alongside Genpact for other new business. With the PwC and other contract wins already announced this year, annualised new business wins for FY16E amount to over well over £1m.n Meeting forecasts. We are in month five of Rosslyn’s fiscal 2016E period and contract wins to date have been very material. We have in our forecasts a total of £1.6m new business wins to meet our £5.0m revenue forecast. Every indication is that Rosslyn will meet our 2016E forecasts.n EV/Sales 2.1x. Using a forward cash balance of £2.3m, the stock is trading on a 2016E EV/sales ratio of 2.1x. Rosslyn could deliver c80% revenue growth this year and breakeven next fiscal period. The rating of the stock is out of kilter with the opportunity. We are Buyers.Forecasts and RatiosY/E April, £'m2014A2015A2016E2017ERevenue2.12.85.08.8EBITDA-2.8-3.4-2.00.2PBT-3.1-3.5-2.00.1Basic EPS (p)-7.4-4.3-2.50.1EV/Sales (x)5.23.82.11.2EV/EBITDA (x)nmnmnm60.3Reported P/E (x)nmnmnm126.9DPS (p)0.00.00.00.0Yield (%)0.00.00.00.0Source: Cenkos Securities estimates, Company Accounts
Oxtrader
17 Sep 2015
Re: Cash quickly disappearing! Corrected title.. shameful !! On a serious note, they've got tight deadlines in the coming year. This is a big risk to hold. I'm currently 50% down with Rosslyn on my small 1,600 share holding. I won't dare buy back into this one!
Oxtrader
17 Sep 2015
Cashing quickly disappearing! They're only one year away from losing their entire cash pile at this rate.. will almost certainly mean a share placing eventually.. !
Cadenza
25 Mar 2015
Sound interview with Charles Clark [link]
f32
18 Mar 2015
Re: trade at 13.5p??!! Well it is reported at 13.5 but afterwards there was a much bigger trade at 16.5, so maybe fat fingers? The advertised spread on this share is so wide it's virtually impossible to hazard a guess at buy or sell on trades as the real hidden spread is always much tighter.
Cadenza
18 Mar 2015
trade at 13.5p??!! Did someone really trade at 13.5p?
Cadenza
17 Mar 2015
PWC announcement, potential big positive A co brand arrangement with PWC must be a great endorsement of Rosslyn Data's value added and I would have thought in time should lead to quality contracts
f32
03 Mar 2015
Webinar in April [link] April 14 2015 | 12
0pm - 10pm EST | 40pm - 50pm GMT In modern law firms, procurement has a strategic role that goes beyond just contracting with suppliers. In this interactive webinar, Jeff Young, Global Strategic Sourcing Manager, Linklaters, LLP, will discuss the evolution of procurement in law firms and how they are the quiet force behind well run operations and client management success. Jeff will be joined by Paul Cook, VP Global Sales at Rosslyn Analytics, where they will share real-world examples of how analytics is empowering better decision-making and value creation across entire law firms
rocurement: Quickly identify potential cost savings and efficiencies opportunities and potential supplier risks through detailed analysis of spend, contracts and external supplier informationFinance: Quickly improve and forecast cash flow by automatically assessing the cost of paying suppliers early.Compliance: Monitor for potential fraud by automatically identifying anomalies in credit card transactions and vendor invoices.ICT: Significantly reduce the cost of developing, testing and delivering self-service applications by providing analytics as-a-service to colleagues
Oxtrader
26 Feb 2015
Re: Detroit Nope, it never caught on. A small marketing attempt to increase their exposure that fell on deaf ears mostly.
f32
26 Feb 2015
Detroit Hi All,I've been looking into RDT for a little while and bought in on the recent contract RNS. I was just looking back at some of the publicity that RDT create for themselves and was wondering if anyone here knew if this had gone any further than just the offer to the Mayor as I cannot find any more mention of this other than the press release. I'm assuming not but as it was a free two year offer would be happy to be corrected.[link]
cuthco
23 Feb 2015
New Contract My post on 20/1/15 mentioned the CEO statement " the pipeline is growing strongly & we expect to announce new business wins in the coming weeks".After the 5 year $1m State University of Florida we now have the latest, to provide cloud analytics to E&I Consulting Groups 3000 members ie colleges,universities,hospitals,research institutions etc.,Well done to the sales teams, the U.S. is the place to be for RDT.
Oxtrader
20 Feb 2015
Rosslyn Pays for Exposure Well, Rosslyn was down 7% at one point earlier today - finally found out why. Rosslyn must of forked out a lot of money on a marketing spend on this:[link] appoints Good Relations Group to help get new business - Markets understandably reacted badly but then later settled.
cuthco
20 Jan 2015
Directors purchase Hugh Cox's purchase immediately after the close period restriction period, although not a huge investment (£7k) was nice to see. It "usually " means that things are looking up or at least the share price is cheap! Watch this space!,
