Just bid up. I picked up a few more recently just because I could.
They are pretty tightly held with not a great volume trading. A reflection of the high level of insider ownership no doubt. And one of the reasons I really like this company.
Printable View
IKE being added to MSCI Micro Index from close of trading today. Will be interesting to see if this has any impact on price given how thinly traded it is.
Disc: hold swing trade position.
Agreed Winner. However for the outlook to remain positive IMO they'll need to take a considerable step forward in penetrating further into their existing large customers whilst also continuing to add quality, large customers. I'm a fairly recent investor in ike (approx. 6 months) and am excited about the future prospects given the stated "tailwinds" but I will need to see tangible progress in the growth story to continue holding.
I don't think anyone disagrees with you on that. My IKE portfolio is currently sitting around 70% in the green and I am expecting by the second half of 21 to start seeing some momentum. They have laid a good foundation and if they continue to deliver I see no reason they won't grow exponentially. If you can believe their press they are delivering a game changing service.
Looks like IKE is delivering up Christmas presents again this year. Easy money.
Happy New year folks......Further progress announced by IKE today..... see here.
Onwards and upwards.
• IKE has signed an agreement to acquire certain assets of Visual Globe LLC, a US-based Artificial Intelligence (AI) and low code/no code software company that specializes in the automated analysis of power poles.
• This strategic acquisition complements IKE’s existing offering and aligns with the Company’s vision to become the standard for collecting, analysing and managing power pole information.
• Visual Globe’s AI platform provides the potential for IKE to grow its addressable market within the electric utility and communication industries and to significantly increase the number of transactions that can process efficiently on its platform.
• The addition of Visual Globe’s technology will enable IKE to process pole data that can be collected from new additional sources including drones and smartphones, making the Company’s platform even more attractive to electric utilities and communications groups in the North American market.
....... I liked this talk of accumulating additional revenues...
The earnout payments are subject to the acquired assets delivering revenue targets totaling US$21M in aggregate over the period to March 2024
2021 might be the year of IKE ... should be an interesting next couple of years at the very least.
Disc .. do have a sizeable stake in the dream
I like performance based earn outs.
Still a bit quite on the share market with the holidays. Concidering global markets took a little hit overnight it's looking good for ike.
I also love performance based payouts. If the business performs as quoted you get your money if not you don't get as much. Great deal. More instant revenue again as well.