Not tempted at all Bobcat... I would not want to sweat all weekend, especially in the scenario that that Dow has a 200pt fall. Been there too often in my youth and it is not a nice feeling. :)
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Good lesson for the newies.
had to happen. Just a case of when. I stayed out. Sticking to my principles.
What does everyone think will be happening this week with the share price
I don't understand why one should track the other. Surely they are totally different companies, with different strengths, weaknesses and prospects. Just because they have a couple in similarities in terms of cloud-based model, do we really expect their share price movements to follow each other?
I'm struggling with that assumption, so am happy to be enlightened.
I gotta say im really surprised the sp has held up like it has, well done to holders, what am i missing?
This morning's predictions: 3-5% gain within the first 3hours followed by a drop, possibly on-par with the opening price.
Anyone want to make a bet?!
Update: Pre-sale appetite is perhaps a bit too slow to take off this morning?
Any further development? I notice they dipped to $2.90 today
and down down down they go!
EDIT: Lesson learnt. This time I sold at a loss of about 11% - one weeks' salary poof!
That's pretty ugly for those that bought on the high. Hard lesson learnt. The old saying 'If it's to good to be true ...."
Moosie - given your previous comments on their CEO, I though you might want to watch a video by her:
https://www.nzx.com/nzx-conference
I haven't watched yet so dont know the content.
Why on earth do people buy on the way down?
Personally I think boredom will set in soon and when that happens we get low turnover but generally drifting all the time .Can't see any announcement getting this thing going for a while.What was the saying.."the honeymoon is over"
Moosie mentioned $1...maybe....Xero went back to 68 cents but this is no Xero....
Boredom it certainly is....Hope we don't get a seller who wants to get out ....NOW!!!
Heading for $1.50 and below. Buckle up.
With a moment to spare I have been going over page one,two and especially page three of this thread and it is enlightening.It's another "Cloud based company". Well the clouds have an ever lowering ceiling and unless some announcement stops the drift we may see a bit of panic that we saw in SNK,PEB and Xero .It will be worth watching....
GeoOp just continuing to get smashed today. I'm putting my money on a continued drop to $1.20 over the next two weeks.
Man feeling sad for those who bought in at $4! dang!
Getting in buy range now...
I was happy when I bought at $3 and what? 2-3days later I sold at $4.20! :)
...I tried to double dip later on and lost $500, still up though so overall a good experience!
I am in Australia and would like to know the sell price and volume of all trades of GeoOp for the 5th December. Where can I find this info a website address would be appreciated.
Technically, GEO's previous support at 180 has now become its resistance.
I may get interested around psychological support at 150 (it came close yesterday)...perhaps Monday?
Very quiet...a bit of a rearguard action...Maybe " Custer's last stand"
General Custer has been standing around for over two weeks without a sound or any action so is standing down his men and going on holiday.Merry Xmas all.....
Hope the Company sales people are more active than this......
GEOOP LIMITED (NZX:GEO)
Operating update for the three months ended 31 December 2013
AUCKLAND, Thursday 23 January 2014
Operating performance update
GeoOp, which recently listed on the NZAX market, is pleased to announce its
paying user numbers for the third quarter of the financial year to 31 March
2014.
Paying users as at 31 December: 5,300 (30 Sept: 4,500)
Paying users added in the third quarter: 800
Quarterly growth in paying users: 18%
GeoOp has continued its growth during the third quarter with a net 800 paying
users signing up to the GeoOp platform during the quarter. At the end of
December 2013, paying users totaled 5,300, an 18% increase on the September
2013 number.
GeoOp is well on track to meet its operational goal of 6,000 to 7,000 paying
users by 30 June 2014, as set out in the Disclosure Document released to the
market on 31 October 2013, when GeoOp listed on the NZAX.
Commenting on the operating result, GeoOp Chief Executive Leanne Graham said
"This has been an exciting time for GeoOp. Following the completion of the
$10 million capital raising and listing in October 2013, GeoOp is now poised
to continue its growth both domestically and internationally. GeoOp is now
rolling out new product features that ensure we continue to have a market
leading job management and costing offering for the services and trades
sectors."
Product development
The third quarter has seen a focus on the development of significant new
product features that are planned to be rolled out in the next three months
for the web console and the native iPhone, iPad and Android applications. In
addition, considerable work has gone into advancing the capability of GeoOp's
application programming interface ("API"). This assists to deliver a
world-class development platform enabling GeoOp's eco-system to expand
through add-on product integrations.
Human resources
During the third quarter GeoOp continued to grow with highly focused hires in
the development, sales, marketing and service functions. Staff numbers
increased illustrating GeoOp's commitment to continually invest in product
development and build a sales and marketing platform that facilitates its
international growth aspirations. GeoOp has recently commenced a search for
a global head of Product, to drive innovation and customer experience.
For more information please contact:
Stewart Reynolds
Email: stewart.r@geoop.com
Whats peoples thoughts on "we're on track" type announcements? I assume being on track boosts shareholders confidence, which should push the price up as people buy + hold right?
Though for tech stocks people are starting to expect "wildly successful" announcements, so just "we're doing ok" might not give them the hype traders all love to chase...
That makes their Annualised revenue $1.2m ($20 per month per user) vs a market cap of $75m so a P/S of 62. Seems a bit high since growth is only 18% per quarter.
Does anyone now their previous quarter growth rate - is it accelerating.
i couldnt find anything qtr to qtr only what was disclosed in the IPO document
Our users have grown from 1,600 in January 2013 to 4,500 in September 2013
There's some good money lost here in the past week.Fall so quick you couldn't afford to blink....
Was getting a coffee at the local cafe, and noticed that the new M2 magazine lists GEO as one of its "tech stocks to invest in 2014". Along with Apple, Microsoft, Qualcomm, Xero and Cisco. heh.
15%-19% up today ... because of __________ (?)
GO.
There are some big gaps up to $3
Simply because it has been down so just a little bit of re-bounce.
Interview with Leanne on radio live today
http://www.radiolive.co.nz/Leanna-Gr...2/Default.aspx
Warning - she hardly draws breath
I was in Newmarket on Friday and saw people with GeoOp T-shirts that mentioned a free trial day. I think they might actually have been employees out and about for an after work drink as opposed to a promo company hired.
[QUOTE=moosie_900;466930] disc - not holding but considering taking my own advice for once...[/QUOTE
Whoa! risky. ;)
Bought in at $2.50 not long ago - believing this was the support... are the experts expect the SP to dip further? Did they list at $1.60?
Big run up on the NASDAQ overnight and the only tech stock I can see that benefited is TRS!
GEO will now skyrocket tomorrow - because I've now sold out of it :mellow:
Talk about a strange way to report customer numbers.... does this mean they have 8006 paying customers?
"As at March 31, GeoOp reports a number to March 31, 2014 of 8,006. This represents 51% growth from GeoOp's previous quarter ended December 31, 2013 of 5,300."
Must assume it is paying customers so (http://geoop.com/pricing/) 8,006 x $20 x 12 months = $1.9m revenue run rate. Market cap of ~$40m so 20x revenue
I would say that is about right for an early stage growth company. 51% growth in 3 months is on track for over 200% per year.
I am a bit over invested in high risk stocks but was looking as it got closer to $1. Its back on the rise now.
its their version of ARR-Annual Recurring Revenue which is the industry standard with Saas metrics.
This is the metric to watch as this translates into financial reporting years i.e gives the future size of the company in advance. The other key metric is to know what their retention rates are. With a 50% quarterly growth rate I assume it will be very high.
I would expect this to get to 20k subs ($5M @ 20x12x20k) in just NZ & Aus without the rest of the world. The game gets harder outside these countries. 50k is 20x12x50K=$12M
Big company in the making.
Anyone else unable to place a bid through ASB Sec for this?
Attachment 5733
EDIT: Durr it's on the Alternative market. Nevermind
DB or ANZ online or ASB phone
The new customer growth is on $20+ each sub. Since this new price plan was introduced last year I estimate6-7k are on the new plan. I havent gone into exchange rate idifferences and assume they are charging $20 in any country.
Can anyone tell me what the multiple for PEB is?
I sort of feel sorry for Couta too.... but he has had plenty of warnings from plenty of astute hardened traders on here and he can only blame himself. He will learn the lessons the hard way (like most of us did too) and go onwards and upwards from there.
THis stock.... yeah financials will be the telling point. What they came out with today really tells me nothing.
Not a post for nearly a month .With that amount of interest no one will notice that it may fall out of bed one day.It's looking a bit vulnerable to a bored seller .IMHO.
Sp continues to head down.
Capital raising on the way, i would think?