Diligent Boardbooks IPO

[Balance]

Brian Henry pleads guilty to market manipulation.

The irony is that he sold most of his shares at under $1.00, and in fact, most of them under 50c.

[MAC]

Brian Henry pleads guilty to market manipulation.

The irony is that he sold most of his shares at under $1.00, and in fact, most of them under 50c.

Yes, well it’s just absolutely appalling isn’t it, particularly for a former chief executive, and particularly for a former chief executive of a board member governance software company who's marketing strategy relies on the portrayal of good board governance.

http://www.scoop.co.nz/stories/BU140...fined-130k.htm

Edit: I think he got off very lightly with a $130k fine, sends a message to others that you may manipulate for millions with only the risk of a slap with limp lettuce.

[winner69]

Be funny if they have the webcast before they release the numbers

[winner69]

6 minutes to go

Hey mate ....add another 50 to those new customer numbers. Quick now I did say 9am New Zeeland time

[winner69]

C'mon mate, I promised 9 am

Boss, the lines are down to new Zeeland

But I did that last minute adjustment

[winner69]

They been up on the SEC site for a while

Great news 35% up

[winner69]

The growth in total revenues of $10.1 million or 35% for the first half of 2014 when compared with the first half of 2013 is primarily the result of the increase in new users, as well as our customer retention rate. Our customer retention rate continues to exceed 95% for the trailing twelve months ended June 30, 2014. At June 30, 2014, the total number of users was 82,666, compared with 72,632 at December 31, 2013, and 64,023 at June 30, 2013. The growth rate in new sales decreased in North America and EMEA (Europe, Middle East and Africa), and increased in Asia/Pacific with North America accounting for 60% of the dollar value of new subscriptions added in the first six months, EMEA (Europe, Middle East and Africa) accounting for 21% and the remaining 19% from Asia/Pacific. Additionally, upgrades from existing customers, which represents the increase during the period in the value of existing agreements, decreased 13% compared to the six months of 2013, based on the dollar value added to existing annual contracts.
We recognize subscription revenue ratably over the contract period, which is generally twelve months. Accordingly, the majority of impact of the growth in new user subscription agreements will be recognized over the next twelve months.

[Balance]

W69 - do you ever consider (seriously) whose fault it is when results and announcements are not made (and/or) posted on time on the NZX?

Clues - think LPC, AWE, NZO etc etc.

[Whipmoney]

The growth in total revenues of $10.1 million or 35% for the first half of 2014 when compared with the first half of 2013 is primarily the result of the increase in new users, as well as our customer retention rate. Our customer retention rate continues to exceed 95% for the trailing twelve months ended June 30, 2014. At June 30, 2014, the total number of users was 82,666, compared with 72,632 at December 31, 2013, and 64,023 at June 30, 2013. The growth rate in new sales decreased in North America and EMEA (Europe, Middle East and Africa), and increased in Asia/Pacific with North America accounting for 60% of the dollar value of new subscriptions added in the first six months, EMEA (Europe, Middle East and Africa) accounting for 21% and the remaining 19% from Asia/Pacific. Additionally, upgrades from existing customers, which represents the increase during the period in the value of existing agreements, decreased 13% compared to the six months of 2013, based on the dollar value added to existing annual contracts.
We recognize subscription revenue ratably over the contract period, which is generally twelve months. Accordingly, the majority of impact of the growth in new user subscription agreements will be recognized over the next twelve months.

Yeah great news on the sales front and they now have $72m NZD cash in the bank and close to $7m FCFF for the quarter.

[Balance]

Until DIL starts paying a dividend, or initiates a buy back, neither of which are acceptable to the current Board, what else do you have other than capital growth to look forward to as a shareholder? Steady-as-she-goes at $4 for months on end sure wouldn't cut it for me! Do enlighten me if I'm missing something here...

Results are out, Moose.

Let's have your view before the markets open - commentary made after the market opens and the sp has moved is simply your view reflecting that of the market, not your view.