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Daegis Inc Message Board

friendofthetrend 9 posts  |  Last Activity: Jul 11, 2016 1:07 PM Member since: Jan 5, 2001
  • Reply to

    What a run!

    by biotechisfun Jul 8, 2016 11:51 AM
    friendofthetrend friendofthetrend Jul 11, 2016 1:07 PM Flag

    The company was off radar and the investor presentation was to say " consider reassessing the value here that a successful ClearAg unit would have on the business model".

    Now keep in mind that any roll-out of a $1m revenue deal takes time to actually become$1M in recurring rev. They will be losing money for a while as they ramp up sales initiatives. I believe you could pay too much for this and let the dust settle, buy more on the pullback and in time the stock could go double digits as fundamentals , cash flow EBITDA keep improving.

    ClearAg seems to be part of the wave of the future for Ag. Growing population and limited land demands a response based on squeezing more productivity out of less land and input. All PLCs go from early adoption to maturation. The product life cycle is very early. The best protection from a downturn in the economy to have low debt plenty of cash and a built in growth driver as the product keeps going from adoption to a mature market. Big customers are quite locked in. Food never goes out of favor.

    ITI is leveraging the purchase of Meridien, 6.5 years ago. They have been working over the last couple of years to address the wave of the future in Ag. People will starve and prices will go way up unless something happens.

    Think of cars built without wind tunnel data. The cars of the 50"s were not wedge shaped. The market demanded wind efficiency. The wedge shape was engineered in response. Low hood high trunk. Once you know what is needed you will never build any other way. Ag must be more efficient. Companies like ClearAg are here to stay.

  • Reply to

    What a run!

    by biotechisfun Jul 8, 2016 11:51 AM
    friendofthetrend friendofthetrend Jul 11, 2016 6:45 AM Flag

    I'm only speculating here but let's look closely at the exact comments made in CC:'"I don't want to get ahead of myself, but I hope we'll have some things to comment on in the not too distant future. But there are other things like some of the significant crop protection deals that we think can really move the needle and we're working hard on this."

    Say they announce something like a BSAF contract to offer the full ClearAg suite across the board in all countries for internal and external use to all it's customers ---and without being bought by BASF-- ITI becomes a full strategic partner on the scale of Climate Corp and Mansanto's relationship.

    Remember the first BSAF contract was very limited --to internal use in one country-- and specifically for weather conditions involving hail. So we all know Climate Control was bought for about $1B. This would be big enough to push ITI higher.

    But if any such deal is announced there might be some selling into the announcement. That's because I've seen that happen before with ITI and --as great a deal as this would be--the ramp to big revenues would take a long time.

    So the Relm buying may be behind recent move or it could be something like the scenario I just described.

    What also may be happening is the market is recognizing that there is a new and wonderful change surrounding ITI because ClearAg is new and wonderful. So there is a spike in PPS. No one gets in at a low price anymore. You pay high and wait for ClearAg to slowly build the kind of value that warrants such a spike.

    Perhaps people are finally looking at Clear Ag as the asset it is. For the last few years it's been off the radar, or treated with skepticism, looked upon as a gamble at best and a big expense at worst. The investor presentations may be resonating well-- causing reassessment of the value of ClearAg as a free standing entity and simply making the case that the company as a whole is pretty solid with a lot of growth drivers coming to fruition.

  • Reply to

    Couple of questions for long term holders

    by spal4000 Jul 10, 2016 2:49 PM
    friendofthetrend friendofthetrend Jul 10, 2016 10:40 PM Flag

    http://www.scoutfin.com/document?id=5716f8e6c1db942d32ad8922

  • Reply to

    What a run!

    by biotechisfun Jul 8, 2016 11:51 AM
    friendofthetrend friendofthetrend Jul 8, 2016 12:31 PM Flag

    Yes. Finally!! Some appreciation by the market!! Whoopee!!

  • friendofthetrend by friendofthetrend Jul 7, 2016 5:13 PM Flag

    Up 7.87% today on 4X avg. vol. Up 14% on 12X avg vol, last 4 days. Looking good!!

  • friendofthetrend by friendofthetrend Jul 7, 2016 11:13 AM Flag

    And congrats to all longs. The trading range has begun to adjust ---in recognition that the Ag strategy is about to bear fruit for a long time to come.

    Long term charts are reflecting that too. Bullish crossovers. DAY IN THE SUN IS slowly COMING. Finally.

    I will be buying the pullback.

  • Reply to

    Relm Wireless wants "in"

    by friendofthetrend Jul 6, 2016 8:46 AM
    friendofthetrend friendofthetrend Jul 6, 2016 9:18 AM Flag

    Yes, I remember your comments from before. It seems the only thing we can do is sit back and watch or buy 5% and join the party, LOL!!

    I've lightened a bit for now and will probably buy any pullback. Really nice to see the run up. I'm in a lot of cash lately. GLTA!!

  • friendofthetrend by friendofthetrend Jul 6, 2016 8:46 AM Flag

    I don't know fully what to make of this so please comment. It seems Relm has a big interest in the company and ITI's growth opportunities.

    BRIEF-Relm Wireless in talks with Iteris for potential board representation for #$%$ Iteris's board - SEC filing

    July 5 (Reuters) - Relm Wireless Corp (RWC) :

    * Discussing with Iteris Inc (ITI) potential board representation for Relm Wireless (RWC) on board - SEC filing

    * Does not intend to change management of Iteris (ITI) and would desire for company's current CEO to continue serving on the board

    * On July 3, co submitted nomination notice to Iteris Inc (ITI) for seven directors to be nominated at Iteris's (ITI) 2016 annual meeting - SEC filing

    * Reports 5.5 percent stake in Iteris Inc (ITI) as of July 3 Source text (http://bit.ly/29whakm)

  • Reply to

    Website

    by friendofthetrend Jun 20, 2016 8:56 AM
    friendofthetrend friendofthetrend Jul 5, 2016 9:10 AM Flag

    It's a risk but ASHS says that after the impairment charge they just took on Mevion, they remain confident that it's a good investment going forward.

    One or Two new protons may be announced, hopefully, within the next 5 months. ASHS says proton is a big part of the future. Single room/cost effective is the space to be in. That's where Mevion is. So that's where it stands.

DAEG
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