Lavenonews
18 Oct 2017
Re: Cash inflow Now we know why the share price has been managed down. 1.39m of shares this morning is the end of the Livingbridge stake, I think. And to get the placing away of course, assuming the vote is carried.Once this has happened it is over to the new management to grow the business. Let's hope they can use shareholder money better than Green and Hopper. Goodness knows they were unbeatable at raising cash and squandering it. I am optimistic that there is latent value in both divisions. Let's hope so!
Carefully Does It
30 Sep 2017
Silver Spring Silver Spring is not closely comparable but interesting it is now being taken over.IoT in control of cities.UBI will be bought IMHO or at least spin off one part.IIoT should be big and only just beginning to see adoption and location and smart space control is an important part of the puzzle.
Lavenonews
23 Aug 2017
Cash inflow For the first time in the years I have followed this company Ubisense has generated positive cashflow and by my calculation £3m in the first 6 months. That is quite a change from the past so not sure why the share price has gone down since the trading update. IMO - as good a time as any to get some exposure to a recovery play that looks well past its worse, is no longer on life support and is on the way to living up to its outstanding technology and products that were never in doubt.
Lavenonews
09 Feb 2017
Re: Lavenonews - still here? Good news re banking covenant compliance (first time in how long?!), products continue to attract powerful clients, management team in place and incentivised. Understandably sentiment is turning. Fundamental investors need to see numbers though to make some idea how to value this company. Lack of numbers in updates like this frustrate, as if we are only interested in speculation on the 'story'. End game still looks the same.
Carefully Does It
29 Jan 2017
Lavenonews - still here? It's looking like results are happening, are you still here?It has received some press exposure to help it along and now the Trading Update is out of the way there might be further news as they can't have been sitting on their hands all this time.
Carefully Does It
29 Jan 2017
From a while back It might be starting to get back on track now.Lessons learnt, management changed, priorities re-aligned, margins on the up.The market is large and the capabilities look impressive. Sometimes companies need a rude awakening before moving forwards properly to where they should be.Remember this before shtf & VW cut backs - [link]
Carefully Does It
15 Dec 2016
Re: Brighter future? Should have said I think the options will pay off. They have not been given as a massive stretch but as a way to guarantee keeping key personnel for 4 years plus. Might even stick neck out and say I think this will get to £50M market cap sooner than some might expect. Question is what will be the float by then?£100 market cap gI've the capabilities.Late 2015 and all 2016 has been the great Reset for UBI.
Carefully Does It
15 Dec 2016
Re: Brighter future? About 28p upside minimum between year 2 and 3 so that's Dec 2018 - Dec 2019 on a 42p share price today.Further, if Petti is any use it might be a plant. Marlin Equity raised a decent amount in London this summer for the new European fund. Petti was from Asset Control, one of their portfolio companies.What odds that if they need to raise further funds Marlin end up on the register of shareholders if not already at <3%? Am I too conspiratorial?I don't see 70p as a stretch at all looking at the share price graph. Recover to 80p at least and probably before 2 years.Also, good that Haverson is staying around to keep an eye on things as Exec Chairman.It looks nice and orderly.
Lavenonews
15 Dec 2016
Re: Brighter future? The investment mist is starting to lift... Motivated, untarnished management team now completed with a fresh, business professional as CEO The Long Term Incentive Plans are hardly 'long term' and speak volumes as to the desired end game for the major 'rescue' shareholder (Kestrel).
Carefully Does It
28 Nov 2016
Re: Brighter future? Would have to agree the buys are very interesting. Re-read the Jan 2016 trading update and they were turning a corner then. It might be about to show through. Kestrel would certainly be aware. The drop was rapid and a rerating might be too. When?
Lavenonews
10 Nov 2016
Brighter future? I have followed this fascinating company for sometime, posting in the past. With Board Representation who will be seeing the monthly numbers at Board Meetings (right?), Kestrel's continuing buying should be a solid signal? Am I wrong to think this?Just get the feeling from the tone and content of the latest reports that the strong products and services might well be at an inflexion point of turning into profit and positive cashflow. Very hard to tell though without numbers or confirmation on banking, CEO appointment etc ... hence why Kestrel have somewhat of an advantage with board representation and we are left to 'speculate' rather than 'invest.'
Carefully Does It
27 May 2016
What next? Impossible to know what will happen here. Very promising looking product and easy to see there could be decent demand to know where stuff is in 3D but chaos with the CEO jumping, debt and one fund raise after another on the back of a collapsing share price.Anyone have any thoughts?
Iman
09 May 2016
ubisense System Requirements What are the system specifications to install a ubisense software for real time location system.
Carefully Does It
13 Apr 2016
Summaries I have re-read all news released over the past 2 years. They've had little clue."Chief Executive Officer has executive responsibilities for the Group's strategic development, operations and results." Perhaps the Chief Executive should take responsibility. That's what he's for."In response to reduced revenue expectations as the year progressed, we acted swiftly to increase focus on sales effectiveness and adjust our operating cost base to be better aligned to our revenues. These actions, alongside the proven performance enhancements and reduced costs we bring to customers, give us confidence that we can capitalise on growth opportunities whilst maintaining financial prudence."They haven't been financially prudent and there was no focus on sales effectiveness. If they had been prudent and focussed on sales effectiveness they wouldn't have burnt through so much money over the past 18 months AND STILL had the bank on their back.Very poor management and execution and the results state who is responsible. "Chief Executive Officer has executive responsibilities for the Group's strategic development, operations and results." If they really want to signal change for the better there's one place left to look.
Carefully Does It
08 Apr 2016
Re: 7th April Well, they did it again. Cost base stuck at 21M approx. after 5M reduction still too high. Every metric down and first quarter suggests about 2M-5M loss for the year at this run-rate.At least low margin Smallworld is gone and that accounts for some of the revenue loss but Solutions was down too.Not clear they will survive. About £980K needs to be raised by Numis outside of those announced already and costs of about 500k to do it.Easy to burn other people's money!They'll keep doing it so long as they can.
