No apolgy needed. I'm here because otherwise it would likely dissolve into a rabble of disaffected ex staff grinding the reputation of the hard working NNG team into the HotCopper bull-dust.
Answers are:
"Debt announcement - nothing further has been announced? is this dead in the water, if not do you have a firm date of approval in full?"
The debt is there to be used if we choose. If that changes NNG owuld have to make an announcement so unless you see one, its still there.
"If this fails, what is the plan B?"
Its not a case of fail or not. Its a case of deciding if we want to use debt or not. There have always been two streams: acquistions and organic. The organic plan has been bolstered with the increased scope of our relationship with IBM to tackle the software space.
Is NNG still following the acquisitions? is there any end date to the closure of previous announcements, have the NZ acquisitions failed?
The acquistion path is always open. We see a lot of deals because there are always plenty of willing sellers. We just have to find the right deals that suit our current position re share price and market cap. The NZ deals havent failed but with the overhang of shares forcing the price to silly levels its hard to complete them on terms everyone would be happy with. Yet we persist. But again, if anything changes we would have to announce that so unless you see an announcement then assume nothing has changed.
Has NNG won any new contracts off new customers this Quarter? Of any material $ value?
We always win new deals. Material is a grey area. If they are we technically have to announce them but announcing sales transactions on the ASX if difficult.
What's the current ARR and TCV compared to this time last year?
Just extrapolate the growth thorugh June and September qtrs last year and follow the line to plot the trend and take a guess is the best I can suggest. The Numbers will be out in the 4C and the FY financials as soon as I can prise myself off HotCopper.
Seems to be a few large trades on sell, is this a worry? concerned there is a trend here we are yet to see if full!
Its annoying but not much can be done about it. Zero sum game though.One side of the trade will be happy and the other side sad depending upon where the SP goes in the coming months. There seems to be very little natural organic news from NNG, not necessarily on market sensitive information only, but just general updates on other platforms events, marketing, customers, testimonials, project development success?
The past quarter has been about re-setting the cost base and establish new revenue streams. Thats done. The new focus on enterprise asset managemt software is significant but there's no point shouting about it until we book some revenue.
NNG Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
(20min delay)