View From Reader's Windows & Desks: Isolation Edition. No 12 Stuart in Pendle Hill, North East Lancashire
“1Spatial (SPA), a global leader in location and geospatial software solutions and Location Master Data Management, is pleased to provide an update on continued customer momentum, operational execution and new strategic partnerships”. More encouraging than when I last wrote on the company – concluding there looks still much more turnaround progress needing to be made here?...
1Spatial (SPA) has updated including with a disposal of a controlling interest in Enables IT and a trading update…
Results announced by 1Spatial (SPA) for its year ended 31st January 2017 are disappointing – though we previously stated they would be and note new management’s current year objective “to ensure that we generate cash and profitable adjusted EBITDA, as well as follow through on key strategic initiatives… Early trading in Q1 2018 has been strong”.
1Spatial (SPA) is a spatial data and IT managed services-focused company the team here has followed for a while. The shares rose from sub 2p in 2012 to reach more than 10p in early 2014, before sliding back to circa 5p in 2016 - and declining further post an 18th October announcement of results for the half year ended 31st July 2016. However, since early March a share price recovery has been in progress – and we are confident that there is more to come from here…
Geospatial and cloud services company 1Spatial (SPA) has announced self-admitted "disappointing"results for its half-year to 31stJuly 2016, though that “management believes the group is still on track to meet full year expectations which is an overall increase on the prior year revenues and adjusted EBITDA”.
It was announced on 12 July that 1Spatial (SPA) CEO Marcus Hanke had sold 5 million shares at 4.45p - netting him roughly £220,000. A director share sale never goes down well and the shares have flatlined since - they are now 4.25p-4.75p.
1Spatial (SPA), the global spatial software and solutions company which manages the world's largest spatial data, has announced that it has won its third contract to provide geospatial solutions to a US Federal Government Agency.
Steve Moore and I think shares in 1Spatial (SPA) are cheap as we explained here the other day. Meanwhile here is the company's FD Claire Milverton in action at UK Investor show. Enjoy.
1Spatial (SPA) has announced results for its year ended 31st January 2016 and that it “looks forward to the future with confidence”.
1Spatial (SPA) has updated that “the group has made good progress in the second half of the year” to 31st January 2016, that it “ended the period with a strong order book and pipeline of opportunities for the coming year”and that it has exercised its call option to acquire a further 26% of its US distributor Laser Scan.
1Spatial (SPA) has announced “a strategic partnership with HERE, a leader in navigation, mapping and location experiences to deliver high grade map content to the enterprise market”
1Spatial (SPA) has announced a “strategic contract win” with its associate Laser Scan Inc to provide geospatial solutions to a US Federal Government Agency.
1Spatial (SPA) has announced a recommended £2.08 million all-share offer for fellow AIM-listed Enables IT Group (based on a value of 6.75p per 1Spatial Share. Its a cute deal.
Spatial ‘big-data’ software and services company, 1Spatial (SPA) has announced results for its year ended 31st January 2015 and that, despite a current “crucial development phase”, it “is encouraged by the progress made during the start of the current financial year and looks forward to the future with confidence”. A chat with CEO Marcus Hanke left us confident that this is more than words. This has been a good share tip from us on our Nifty Fifty website but there is more to come.
1Spatial (SPA) announced last week that its chairman Steve Berry was to leave with immediate effect. Good. I have exposed this utter rotter as being up to no good at all at another company on AIM – Touchstone Gold (see HERE).
Provider of software and services to manage spatial ‘big data’, 1Spatial plc (SPA) has announced results for the six months ended 31st July 2014 and that it “is encouraged by current trading and looks forward to the future with confidence”.
1Spatial (SPA) this week announced that it will be showcasing its 1Spatial Management Suite for EsriArcGIS this week at Esri’s European User Conference. Esri is the global market leader in the Geospatial Information Systems (GIS) market and ArcGIS is Esri’s flagship platform.
I am still almost 75% up on this share tip but 1Spatial (SPA) shares have drifted in line with the tech sector of late and that should be a buying opportunity at 6.75p
I tipped this stock on my Nifty Fifty website at a 4p offer in November 2012 and so it has been a good share tip. The stock was trading at c9p before a stock overhang saw a recent sell-off but astute fund manager Hargreave Hale seems to have cleared that and I reckon that the shares will now head North at a fair old rate towards 12p. Here’s why.
1Spatial (SPA) has announced results for its year ended 31st January 2014 and that it considers that it “is well placed to capitalise on opportunities in the spatial Big Data market and Smart Cities markets”. We tipped this stock at a 4p offer price. It is now 7.5p but there is far more to come.
Broker N+1 Singer has published a bullish note on AIM listed 1Spatial (SPA) following prelims yesterday. It clearly regards the shares as cheap.
Staff at AIM listed tech group 1Spatial (SPA) are raising money for Oxfam – do you care to assist?
1Spatial (SPA) has updated investors n the 12 months ended 31st January that “adjusted EBITDA and overall results for the year will be in line with market expectations”and that its new financial year has commenced “with a strong order back-log in excess of £7m and a significant pipeline of opportunities… across a number of geographies and industry verticals”.
The team at Shareprophets regards all three stocks in our takeover t1ps for 2014 as potential bid candidates for very different reasons. We are not saying that bids will come but we would not be surprised if they did before next Christmas, or possibly sooner. First up is 1Spatial (SPA) which at 9.875p is capitalised at £64 million.
The story of 1Spatial (SPA) over the past year in share price terms has been a happy one overall, especially when you take note of the way that going into 2013 the stock was barely above 4p.
AIM Listed 1Spatial (SPA) has announced a contract extension which sees that “approximately $1 million will be payable to 1Spatial and recognisable during the financial year to 31 January 2014, and 31 January 2015”. The shares now trade at 8.125p meaning that Steve Moore and I are 100% up on this tip on our Nifty Fifty site – there is more to come.
Steve Moore and myself do not claim to be perfect but we get it right more than we get it wrong and we tipped AIM listed 1Spatial (SPA) at an offer price of 4p ten months ago on our Nifty Fifty premium website. The stock is now 8.5p-8.75p so what next?
N+1 Singer has initiated its coverage of AIM listed tech play 1Spatial (SPA) today on the back of results. It claims that that the company is entering an exciting phase of its history and reckons that the shares ( now 7.25p) are worth 11.3p.
1Spatial (SPA) is turning into rather a good inclusion in my Nifty Fifty Recovery portfolio. It joined in November at a 4p offer price. The shares are now 7.625p after an £18 million placing at 6p with a blue-chip raft of institutions and news of a very exciting acquisition. This is a game changer.
AIM listed Tech stock 1Spatial (SPA) is on a share price roll. Those who followed my advice to buy the stock at 2p on 12th September owe me a tub of salted caramel ice cream as the shares are now at 8.875p valuing the company at a shade under £30 million. So what next?
AIM listed tech play 1Spatial (SPA) has today confirmed that it has won a new contract with Ordnance Survey Ireland (OSi) to provide it with a Geospatial Management Solution – the company had said that it had preferred bidder status on 17th October. But what is this worth? Rather annoyingly 1Spatial declines to put anything on the release. But I have had a brief chat with CEO Marcus Hanke on the matter.
AIM listed tech stock 1Spatial (SPA) has been a bit of a star recovery play over the past couple of months and an announcement of a potential new contract win today has lifted the stock ( 2p just a month or so ago) to 4.125p, valuing the business at £14.45 million. But there is far more to go for – my target price remains at least 8p and here is why.
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