I love some of the language in today's note on 1Spatial by Edison. The note says the company is moving to a "client centric solutions model" which I would translate into the company "offering what its clients actually need" which is certainly a revolutionary idea. The best phrase from the note is "there is substantial intrinsic value within the business which with a modicum of execution should be unlocked" which I would translate into "if only the company had half way decent management they could exploit its assets!"
Read Edison's note on 1SPATIAL PLC (SPA), out this morning, by visiting https://www.research-tree.com/company/GB00B09LQS34
"1Spatial has significant expertise and IP in the field of geospatial data, supplying some of the largest and sophisticated users of geospatial data globally. Historically, client engagements involved creating bespoke solutions, but management is now transitioning the business to drive repeatable product sales. Investment in executing this transformation significantly compresses earnings over our forecast period, but should create a platform to deliver scalable, operationally geared growth. Recent progress in the US and partnerships with leading mapping players Esri and HERE strengthen the companys prospects for achieving this. We believe the current share price..."
yep - years ago and several name changes ago i used to trade this every so often and made some profits whilst keeping a core holding - however they seem to have been stuck in the doldrums for years now.
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