IKE - IKE GPS Group

[Untamed]

Thanks Untamed much appreciated.

You're welcome 

The presentation should be available to watch via the original link, according to the reminder email I received earlier, before the webinar.

[Greekwatchdog]

Well end of the first quarter so we should be due update late Jan. Expecting more positive news and would think the the NZD/USD would be favorable to the bottom line.

So if Glen doesn't think we need a CR when does he start to turn the tap down on R & D spend? I think thats what the market is waiting for. Kill off the thought of a CR and prove the company is profitable.

[Untamed]

You will remember what Glen said re profitability, a while back when he replied to my email:



• Profitability: we could be profitable tomorrow if we wanted to be.  However the long term value of winning and then retaining these very large utility customers is so significant, our view is that we need to continue to invest in customer acquisition and also product-extensions – that increases annual revenue per customer.  We can balance these items on short notice but at present we have a balance sheet / investment backing that supports growth vs the former.


As much as I too, would like to see IKE turn a profit, I actually understand, and agree with, the point Glen made. We know IKE needs to remain competitive in what is a huge market. There is still significant scope for more growth in terms of product development/expansion, and I think it too soon for them to pull the plug on that just yet. The uptake on their new and improved Pole Foreman, has been impressive, so anything further IKE can do to pull in new customers and extend current contracts, is good, as far as I am concerned. Plus, as mentioned in the past, their consumer council is working really well , so IKE needs to be willing to develop new products or adapt current ones, if customers request that. Making exactly what your customers want makes better sense than making what you "think" they want, then finding out you got it wrong.

Looking forward to an update!

Well end of the first quarter so we should be due update late Jan. Expecting more positive news and would think the the NZD/USD would be favorable to the bottom line.

So if Glen doesn't think we need a CR when does he start to turn the tap down on R & D spend? I think thats what the market is waiting for. Kill off the thought of a CR and prove the company is profitable.

[Greekwatchdog]

You will remember what Glen said re profitability, a while back when he replied to my email:



• Profitability: we could be profitable tomorrow if we wanted to be.  However the long term value of winning and then retaining these very large utility customers is so significant, our view is that we need to continue to invest in customer acquisition and also product-extensions – that increases annual revenue per customer.  We can balance these items on short notice but at present we have a balance sheet / investment backing that supports growth vs the former.


As much as I too, would like to see IKE turn a profit, I actually understand, and agree with, the point Glen made. We know IKE needs to remain competitive in what is a huge market. There is still significant scope for more growth in terms of product development/expansion, and I think it too soon for them to pull the plug on that just yet. The uptake on their new and improved Pole Foreman, has been impressive, so anything further IKE can do to pull in new customers and extend current contracts, is good, as far as I am concerned. Plus, as mentioned in the past, their consumer council is working really well , so IKE needs to be willing to develop new products or adapt current ones, if customers request that. Making exactly what your customers want makes better sense than making what you "think" they want, then finding out you got it wrong.

Looking forward to an update!

From a Market perspective it will want to see the money. Talk is cheap and market won't gain confidence until it see the money hence current share price.

[Untamed]

From a Market prospective it will want to see the money. Talk is cheap and market won't gain confidence until it see the money hence current share price.

Yeah I get that.

[Greekwatchdog]

Looks like something is about to happen on todays volume and share price moving up,

[BlackPeter]

Looks like something is about to happen on todays volume and share price moving up

Well, yes - a handful of transactions worth slightly above $200k totaling roughly 0.25% of total shares.

Not sure, whether this is significant - hard to say with low liquidity stocks. Doubt though its Warren making his move   

[Greekwatchdog]

Well, yes - a handful of transactions worth slightly above $200k totaling roughly 0.25% of total shares.

Not sure, whether this is significant - hard to say with low liquidity stocks. Doubt though its Warren making his move   

Due for Quarterly update and most unusual volume. Been a leaky ship before.

[Left Field]

Looks like something is about to happen on todays volume and share price moving up,

From SB9 on the other channel....... (Maybe) someone got wind of upcoming report or some big business coming Ike's way on back of LA fires?

Big volume day compared to paltry regular trades.

[Minimoke]

I was just thinking there seems to be someone accumulating.

[winner (n)]

Lots of pole work coming up in LA?

[Minimoke]

Lots of pole work coming up in LA?

And much much more attention to prevention

[winner (n)]

Wonder what share price will do in lead up to Tuesday week ...and afterwards


https://announcements.nzx.com/attachment/435820.pdf

[BlackPeter]

Due for Quarterly update and most unusual volume. Been a leaky ship before.

If that's true, this would be a big warning flag for any investor. Hard enough to make money with stocks where everybody acts based on the same information. Playing Poker against cheaters is a safe method to lose ones money.

[Greekwatchdog]

If that's true, this would be a big warning flag for any investor. Hard enough to make money with stocks where everybody acts based on the same information. Playing Poker against cheaters is a safe method to lose ones money.

Depends who you are playing poker against but I get what you are saying.

Anyway it will be an interesting meeting and be nice to know how company is tracking after 9 months.