Forum Topics KNO KNO KnowledgeIQ
shivrak
Added 7 years ago

@Wini Precisely my point of view too, fwiw. Waiting patiently for the quarterly before making any decisions. 

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DJthe1st
Added 7 years ago

Just sold a little over half my (fairly small) holding today on the continued price weakness although may pick it back up at lower levels if we get there. Wini any opinion on the recent price weakness as you seem very across the stock?

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Wini
Added 7 years ago

Hey mate, price got ahead of itself when it went to 12c, company still has some execution risk in signing another one or two enterprise clients to hit cash flow neutral and remove the overhang of a capital raise in the future. For what it is worth I haven't sold any shares, I'm waiting for the upcoming quarterly which will have an update on the KIQ Cloud product's success in the SME market. If that update is positive I will look to add at these levels.

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thunderhead
Added 7 years ago

Nice scuttlebutting Wini!

While we're on it, does anyone have more information about the level insider ownership in the company? Thank you.

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BkrDzn
Added 7 years ago

Directors and senior management have about 9.5% of the company. Mixed of paid in and awarded stock (via loan funded). Latter mostly to the CEO and CFO since they joined. All in the FY accounts.

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thunderhead
Added 7 years ago

Thank you BkrDzn !

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Wini
Added 7 years ago

I managed to contact someone who works at ANZ in Business Banking to try and get a feel for the quality of the KIQ product. Feedback was very positive saying that the software is very intuitive and that most Business Banking employees would use it daily.

Encouraging to hear, though considering KIQ was built ground-up for ANZ it may be more insightful to get feedback from someone at Optus to see how implementation has gone and whether there were any teething issues. If anyone has some scuttlebutt would be most appreciated.

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Strawman
Added 7 years ago

Great front-line research -- thanks for sharing!

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