IKE - Ike GPS.com

[tango]

Last Tuesday I brought GTK before their announcement on thursday as I thought it would be good.Got it right.
I think others were confident IKE would come up with the goods and got in before the announcement.
Just all normal to me,in fact I would say "no surprises there."

I have been on the fence with GTK for a while because of their UK problems. I have been holding and not adding but you were smart to pick it and buy in advance

As for IKE. I see long term potential for this company to continue to grow. Seems like a good product backed up by good marketing and management

[percy]

GTK.I am surprised how much the market has rerated them.Good and bad in the result.Next update should paint a clearer picture.
IKE.I agree with your comments.However it is their "stickiness" which I see as their moat.Once their big clients go onto IKE's system, I see them there "until death do us part.".

[percy]

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[petty]

Agree..... let's see what the SP does today before we subscribe to another conspiracy theory.

FWIW I think the FY21 result was well signalled and was no surprise. Much now depends on forward looking statements in today's analysts briefing.

Agree. Well signalled and inline with my expectations. Nice to know some companies have a good handle on ability to forecast.

[justakiwi]

I agree. From what I can tell most clients are signing on the dotted line, after an initial trial period. As long as those trial periods continue to demonstrate that IKE has an excellent product and can deliver what they say they will, clients will jump onboard and commit long term. The long term relationships/commitments is where the money will be. The pool of potential clients is huge.

IKE.I agree with your comments.However it is their "stickiness" which I see as their moat.Once their big clients go onto IKE's system, I see them there "until death do us part.".

[jimdog31]

I agree. From what I can tell most clients are signing on the dotted line, after an initial trial period. As long as those trial periods continue to demonstrate that IKE has an excellent product and can deliver what they say they will, clients will jump onboard and commit long term. The long term relationships/commitments is where the money will be. The pool of potential clients is huge.

Listening to that investor briefing fills me with confidence these guys are going to be rather large in a few years time!

[justakiwi]

From the webinar just now … not word for word but close enough.

”We aim to build decades long relationships … and be the partner they can’t live without”

[Timesurfer]

Possibly a bit slower growth forecast than one might have wished for.
I like the positioning in the market that will assimilate rather than go head to head with various competition streams.
And the ability to franchise or white label the IKE platform is also nice string to the bow - following in the footsteps of the likes of SKO.
Still looking like a safe money bet if not an exciting money bet in the immediate future.

[sb9]

After watching the presentation and from Q&A, think they'll do at least $20mln revenue for FY22.

[jimdog31]

After watching the presentation and from Q&A, think they'll do at least $20mln revenue for FY22.

minimum!! does anyone have any insight into who their competitors are? and what P/e ratio the sector operates at?