IKE - IKE GPS Group

[Minimoke]

What makes you say that?

See post #179

[Untamed]

See post #179

I don't see anything there that would imply what you are suggesting.

[Minimoke]

I don't see anything there that would imply what you are suggesting.

How many times do you see a 15% increase in a SP on huge volumes on the back of no news?

[Untamed]

How many times do you see a 15% increase in a SP on huge volumes on the back of no news?

Not too often, but with IKE it is not unheard of. Long term holders are always looking to buy more, so when sellers, looking to take a profit, show up, they are happy to pay for them.

Having said that, right now, the whole market is doing crazy stuff compared to a couple of weeks ago. The trades before the announcement were significantly less (and lower) than after it. You also have to consider that right now some people who got into IKE cheaply as a "lotto" ticket investment, with zero real interest in the company, are now more than likely profit taking, to invest elsewhere.

I don't see an issue, and clearly the NZX doesn't either, as the halt lasted about ten minutes at the most.

[Left Field]

It was part of my "risky" portfoloio. and I was rueing after buying in at $0.90. But like you saw this as long term so topped up a few times at $0.45. Have to say today I have a smile on my face. (and thats been a while coming with my portfolio!)

Sometimes it pays off to double down....... but it's risky and takes care. Well done.

Me too. Ever since Lorraina (Percy) introduced me to IKE, I have seen the huge potential for success, and felt they were worth taking a chance on. My only regret is not having the ability to have bought more. I have bugger all (only 7000 shares), but better than nothing. So thanks Percy!

Exciting times ahead for sure.

At least you are underway and riding the IKE wave. IKE's SP could easily grow anything from 20 to 100% pa over the next 3 - 5yrs so you have a good start. All you have to do is to keep riding the wave. You also have the option of  possibly buying/adding more in increments as the SP rises and the information improves  (of course, give yourself a healthy  protective profit margin first.)   The future looks bright. Well done.

And yes, some profit taking going on today as some under 50c buyers exit or freehold..... but not me.... no profit taking....I'm a long term investor and happy to wait and watch. This one has much further to go..

[Left Field]

A picture says a thousand words......

[winner (n)]

A picture says a thousand words......

Once it gets back to $1.20 it's all blue sky stuff after that eh

Heading to $40m revenues and with improving margins should be on 6 times revenues multiple

That's a share price of $1.50 soon

[Greekwatchdog]

For Bars update..

ikeGPS (IKE) has announced a major new Transactions contract, which is expected to generate ~NZ$19m of revenue over the next 36 months. The announcement of this contract, which represents ~68% of our cumulative Transactions revenue for FY25, FY26 and FY27, significantly de-risks our estimates over the next three years. Transaction revenue is inherently volatile and the key swing factor in IKE's performance. Although we leave our forecasts unchanged (as new contract wins were implicitly factored into our growth expectations) we now have an even stronger conviction that IKE will be able to (1) deliver significant revenue growth (+27% CAGR from FY24–FY27) and (2) reach EBITDA breakeven without external capital. Our blended spot valuation falls -1cps to NZ$0.87 due to a de-rating in peer multiples.

What's changed?
Blended spot valuation: Falls -1% due to a de-rating in peer multiples.
Details of the new NZ$19m contract
IKE has signed a contract with a prominent utility group based in the South West of the US to support a 'multi-year fiber and grid resiliency program.' The contract is expected to generate ~NZ$19m of revenue over the 36 months from the end of July 2024. It represents a positive shift in momentum for IKE's Transactions segment after a challenging FY24 that was affected by delays from IKE's major customers.

Transactions revenue estimates significantly de-risked, earnings risk to the upside
While we had anticipated a recovery in Transactions revenue from depressed levels in FY24, our estimates have now been significantly de-risked. The new contract represents ~68% of our cumulative Transactions revenue estimates for FY25, FY26 and FY27, and provides some much needed certainty to the market on the outlook for Transactions. We leave our Transactions revenue estimates unchanged over the next three years as at least one major contract win was already factored into our forecasts. However, earnings risk is now skewed to the upside, in our view, particularly in FY26 and FY27 as we expect revenue from the new contract to be weighted towards the back end of the 36 month period.

Outlook remains compelling
The outlook for IKE over the next 12 months is compelling, characterised by (1) robust revenue growth — we forecast +33% revenue growth in FY25, (2) potentially reaching the milestone of positive EBITDA in 2H25, and (3) the integration of AI into new and existing products. IKE is well positioned in a large and growing addressable market in North America, underpinned by the need to build grid resilience and capacity. We estimate that IKE has achieved ~8% penetration of its potential customer base, providing scope for significant future growth.

[Untamed]

ikeGPS Launches the Next Generation of its AI-Powered Analytics Solution for Utility Poles

https://finance.yahoo.com/news/ikegps-launches-next-generation-ai-120000468.html

If you click on the blue links in the article, it takes you to detailed info on the IKE website - for anyone who is interested in the geeky side of it.

ASM this morning, so will be interested to hear more about this.

[Untamed]

Interesting that there were no questions submitted, either before or during the meeting. Feels a bit like a missed opportunity, but I actually couldn't think of anything to ask either.

Things continue to track positively, as expected, so I am happy.

I think Glenn needs to spend some time helping Alex with his public speaking skills though - that was pretty hard to listen to/stay engaged with.

[Untamed]

This might help provide some perspective on just how huge IKE's potential market is, and the value they present to customers in terms of strengthening/storm proofing their networks. I'm not suggesting that a hurricane like this one, will not cause major damage - but if IKE can help customers reduce that risk, it will mean significantly lower recovery costs, and a much shorter time frame to get networks back up and running.

https://www.facebook.com/share/v/tQxMTfetMjEnRL9u/

[Untamed]

4 million homes without power. 4 million! (Current estimated population of NZ is 5,213,944)