Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Seem to be getting more traction with the rail network.
https://www.londonstockexchange.com/news-article/MNO/network-rail-approves-cordel-technology/15125081
Yes, brilliant result.
If Network Rail see the value, one would hope the rest of the international rail industry will start jumping on board too.
Wonder what Pherm has to say??
I await the full accounts with interest, any disclosure of ARR at year end? Will they share revenues by sector ie Rail, other and discontinued business etc. No contract announcement either 12m or pilot ever give details. Compare other tech companies of similar size that are public, those performing disclose numbers to prove it. Leopards and spots.
Hi Pherm,
Yes I'm curious as well to the monetary value of the contract. Looking at this in balance there was a definite surge of inside buying just before the contract announcement (or agreement), but a couple of days later a definite drop, so I'm hoping this isn't reflective of insiders knowing the value itself is minimal.
Hopefully now that MNO tech has been approved for use by national rail, orders will start coming in and this will be reflected in accounts.
I don’t imagine share movements to be an inside job, more like ‘dumb’ money coming from funds looking for diversification etc. It’s all about the tech and ROI for clients. Too little info for a public company especially in tech. Always a red flag for me. However, I get the need to massage the highest valuation when in the funding phase.
Another deal and a contract so positive direction. The performance of the asset managers who bought 3% earlier this month seems good over the last few years so nice to see that angle added. Roll on.