A new thread that may swim in hibernation for a few days or weeks as the process of evolution takes place ......

Imagine a slimmed down debt free company with one division stacked with orders and self financing with cash in the bank.

Then imagine a partner for the other division with pockets so deep that they could fund a rocket to the moon ..... and back

Dreaming of course but Tads can do that to you ..... what a gem or is that a bygone dream as well .....


ainsoph


We started the day at 4.75p mid - risk grade 583 - currently 6p - spamming posts 63 out of 140

Snap,
it`ll sink fairly quickly- huge article in the Sundays about the need for dividends- as we all knew anyway-TAD will have to produce at least an inkling of when they intend to pay one , or they are dead.
The US has been by tradition dividend averse for many years, they are now clammouring for divis.- where they lead we follow.
Unless a company is paying a dividend it is absolutely worthless,the price is merely a reflection of future earnings- something the mad throng would be well advised to consider
I`ll take a punt at 9p

sequestor,

I think somebody will a 'dual' id is crying over spilt milk on a competitors tad bb.

Good to see some normality returning after such an unjustified rise in the share price.

He was involved in a "duel" with the management and lost snap

lol

sequestor,

think i'll sail away

lol

cheers

got the mail

I beleieve a sale of 160,000 was recorded today on the grounds that a deal with Microsoft was imminent

ROTFFLMFC&BO @ super-odd

cant even get that right can you dolly

130k
and use the spell checker

i dont beleieve believe is spelt beleieve.

probably be a million by friday the way you guys operate.

www.microsoft.com/resources/casestudies/ShowFile.asp?FileResourceID=2718


M

Moneylender:

So that's a press puff on the Microsoft site. So what.

And it's as much about pushing SQL Server, Windows 2000 and IIS as it is about Tadpole and/or Autocad.

What I cannot seem to understand about Tadpole is which of the products are supposed to be the big money earners.

All I see at the moment is a small software company with very little revenue, heavily reliant on drawing down more funds from equity holders to pay the day to day expenses and competing in a very competitive market.

snappy
I do believe that the GEM trades have finished as was stated in the Times last week, I also note from Tadpoles interin statemnt they are forecast 10 million this current year which is substantially more than the same companies t/o last year, hence the markets increased valuation.

Smithy

and they said when the price was 84p it was going to "FLY"


SIMCLMFBO

HELLO? ttt least you could do is keep posting for them oily!
I know you say your a shareholder of a.d.v.f.n. but sure they'll understand :0)

smithy555:

And that 10m is coming from where for what? What's the plan?

Tris - 13 Aug'03 - 16:47 - 638 of 639 (Keiths Missed Tris)

well he`ll be buggered!!!!!!!!!!!

MM
Orders.
Smithy555

how on earth does olie get away with the shite he posts here and elsewhere. cant all be down to a L2 sub surely?

(superrod Squelched)

Tadpole Technology plc

Interim Results for the period October 1, 2002 - March 31, 2003

Overview and Highlights

Group completes key phase of strategy to become an enterprise
applications and software company following disposal of hardware business

Operating losses before goodwill impairment and foreign exchange
movements reduced to 2.6 million (2002 - 3.2 million)

Cartesia order book at March 2003 10 times that of previous year; further
exploits its strategic alliance with ESRI and ESRI partners and is expected
to be profitable at FY/03

Endeavors makes solid progress in product roll-outs and early adopter
implementations; forward business activity now focused on marketing
server-to-desktop applications on-demand technology and instant messaging
(IM) products bringing security, interoperability and central audit trail to
mainstream IM platforms

Group continues to exercise tight control over cash burn; early
conversion of promissory notes from sale of hardware business reduces
likelihood of further draw downs from GEM equity line of credit

Following business reviews and refocusing of software companies, Board
looks to the future with confidence and delivering value to shareholders

Notes
-----

1. There is no mention of 10M turnover all it says is order book 10 times that of last year but does not say what order book was last year and for how much.

2. Gem is still in place and th likelihood of further draw downs is reduced. This is not the same as 'Gem is no longer needed'. If the company was so secure why were the heavy drawdowns earlier in the year necessary and then a further issue of new capital at discount to market price to directors and select investors.

Sorry but I have to take all of this with a large pinch of salt. Until this company can turn a profit and stop relying on shareholders for working capital requirements it will always be a volatile high risk play. Oh and I quite frankly don't beleive they will turnover 10M this financial year. I would be very surprised if it was as high as 5M.

Snappy
I take the 10 times last years order book to mean they have orders for 10 times 1.6 million which is what they turned over last year.
EBG forecast 4.9 million this year and 7 million next year.
Seems to me there is every chance they will do 10 million, especially when os alone will contribute 3/4 million this financial year.
Smithy555