sharetrader
Page 56 of 121 FirstFirst ... 64652535455565758596066106 ... LastLast
Results 551 to 560 of 1209
  1. #551
    Guru Rawz's Avatar
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    3,837

    Default

    Quote Originally Posted by jimdog31 View Post
    there 180 million power poles in the USA alone.

    back of the envelope stuff here, but if one company has 350,000 poles that translate to $1.2 million in transaction revenue in a year, the size if the addressable market is.....

    when will people recognise this has as much upside as PEB
    Does IKE earn any reoccurring revenue on these power poles or is it a one charge thing? Then wait 50 years for the next service?

    Sorry if that seems like a silly question. I don't know much about IKE GPS but listened to a podcast the other day talking about how the USA electricity network is completely outdated and billions and billions will need to be spent upgrading it for the coming green electricity revolution (electric vs fossil fuels). At the time I thought this company could benefit but havnt had time to do any research.

    Thanks in advance

  2. #552
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Nice market update from IKE see it here.

    FY22 looking exciting.

    "We are also pleased with the broader strength of new contract wins over the quarter to 31 March, of approximately $5.4m, and now with contract wins in the initial weeks of Q1 FY22, of approximately $2.2m. This provides real momentum for growth for our FY22 to March 2022.”
    Last edited by Leftfield; 05-05-2021 at 08:20 AM.

  3. #553
    Investor
    Join Date
    Jul 2014
    Posts
    5,643

    Default

    Quote Originally Posted by percy View Post
    I wish you had said as much upside as PAZ rather than PEB...,lol.

    Disc hold IKE and PAZ,and never held PEB.
    Well said and then there is always a prospect of Corporate play with this one in the form of Takeover/Scheme of Arrangement.

  4. #554
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Quote Originally Posted by Rawz View Post
    Does IKE earn any reoccurring revenue on these power poles or is it a one charge thing? Then wait 50 years for the next service? Sorry if that seems like a silly question. Thanks in advance
    IKE will gain reoccurring SAAS revenue. Read a few of their last annual reports and you will appreciate how their business model has changed..... In FY20 approx 70% of IKE's revenue described as "reoccurring or subscription transaction services."

    "The transition to the IKE Analyze business model was initiated in FY19 and was matured through FY20. Adding
    to our historical model of selling field tools and software subscriptions, IKE Analyze leverages our cloud-based pole software platform so that IKE can deliver significantly more value to customers via engineering reports and analysis. The depth and specificity of the IKE Analyze offering for distribution asset projects is important and provides an opportunity to access materially larger customer contracts. As a result of this product transition, approximately 70% of FY20 revenue was derived from either recurring subscription or transaction sources."





    Last edited by Leftfield; 05-05-2021 at 09:04 AM.

  5. #555
    Guru Rawz's Avatar
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    3,837

    Default

    Quote Originally Posted by Left field View Post
    IKE will gain reoccurring SAAS revenue. Read a few of their last annual reports and you will appreciate how their business model has changed..... In FY20 approx 70% of IKE's revenue described as "reoccurring or subscription transaction services."

    "The transition to the IKE Analyze business model was initiated in FY19 and was matured through FY20. Adding
    to our historical model of selling field tools and software subscriptions, IKE Analyze leverages our cloud-based pole software platform so that IKE can deliver significantly more value to customers via engineering reports and analysis. The depth and specificity of the IKE Analyze offering for distribution asset projects is important and provides an opportunity to access materially larger customer contracts. As a result of this product transition, approximately 70% of FY20 revenue was derived from either recurring subscription or transaction sources."





    Thanks LF, my interest has been piqued

  6. #556
    Guru justakiwi's Avatar
    Join Date
    Aug 2016
    Location
    Canterbury
    Posts
    2,569

    Default

    And away goes the SP!

  7. #557
    Member
    Join Date
    Nov 2016
    Location
    Little frog in a big pond
    Posts
    189

    Default

    I am an investor in IKE, but do have some reservations, mainly over whether its the best solution for data collection in the field. I can't help thinking that for a quick and dirty assessment of pole conditions, a drone would be best. It's the scale of the problem that I'd struggle with if I was the CEO of a utility company. I'd do a drone or fly by with a high resolution camera/GPS to assess overall network condition. IKE seems to be in the more detailed asset inspection phase, which is nice for accountants to work out renewal budgets, optimised depreciated replacement cost, etc, but probably doesn't add much for the operations managers.

    A very niche solution provider. Could be huge, but could be cut off by a rough and ready outfit giving the pole companies a "good enough to get started" solution.

  8. #558
    Guru justakiwi's Avatar
    Join Date
    Aug 2016
    Location
    Canterbury
    Posts
    2,569

    Default

    Somehow I doubt the companies that are currently using IKE, or those considering engaging them, would be interested in a “good enough to get started” solution. Efficient, high quality data collection is essential when one is talking about networks of millions of poles. Not just for current major upgrades but for future, ongoing maintenance and regulatory requirements. This market is huge.

    Quote Originally Posted by bullfrog View Post
    A very niche solution provider. Could be huge, but could be cut off by a rough and ready outfit giving the pole companies a "good enough to get started" solution.

  9. #559
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,222

    Default

    Quote Originally Posted by bullfrog View Post
    I am an investor in IKE, but do have some reservations, mainly over whether its the best solution for data collection in the field. I can't help thinking that for a quick and dirty assessment of pole conditions, a drone would be best. It's the scale of the problem that I'd struggle with if I was the CEO of a utility company. I'd do a drone or fly by with a high resolution camera/GPS to assess overall network condition. IKE seems to be in the more detailed asset inspection phase, which is nice for accountants to work out renewal budgets, optimised depreciated replacement cost, etc, but probably doesn't add much for the operations managers.

    A very niche solution provider. Could be huge, but could be cut off by a rough and ready outfit giving the pole companies a "good enough to get started" solution.
    Note mention of using drones and smart phones to collect pole data.
    https://stocknessmonster.com/announc...ke.nzx-365791/
    Last edited by percy; 05-05-2021 at 11:42 AM.

  10. #560
    Member
    Join Date
    Nov 2016
    Location
    Little frog in a big pond
    Posts
    189

    Default

    Quote Originally Posted by percy View Post
    Note mention of using drones and smart phones to collect pole data.
    https://stocknessmonster.com/announc...ke.nzx-365791/
    Yep, saw that, it's got to be the way to go. Concerned that they're over complicating the solution. I've rejected software because of too many bells n whistles, just too hard/too many boxes to tick in the field on a rainy day. A fly-by that can be reviewed in the office is a great solution.

    KISS and IKE should be unstoppable. Just a risk for investors to consider. More drones, less shoe leather. It'll be the company that offers the most efficient field gathering data solution that'll win the big contracts.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •