1Spatial (#SPA) reports new $1m contract win in US
- 2015-10-07 23:25:09
1Spatial (SPA) has announced a recommended £2.08 million all-share offer for fellow AIM-listed Enables IT Group (based on a value of 6.75p per 1Spatial Share. Its a cute deal.
Spatial ‘big-data’ software and services company, 1Spatial (SPA) has announced results for its year ended 31st January 2015 and that, despite a current “crucial development phase”, it “is encouraged by the progress made during the start of the current financial year and looks forward to the future with confidence”. A chat with CEO Marcus Hanke left us confident that this is more than words. This has been a good share tip from us on our Nifty Fifty website but there is more to come.
1Spatial (SPA) announced last week that its chairman Steve Berry was to leave with immediate effect. Good. I have exposed this utter rotter as being up to no good at all at another company on AIM – Touchstone Gold (see HERE).
Provider of software and services to manage spatial ‘big data’, 1Spatial plc (SPA) has announced results for the six months ended 31st July 2014 and that it “is encouraged by current trading and looks forward to the future with confidence”.
1Spatial (SPA) this week announced that it will be showcasing its 1Spatial Management Suite for EsriArcGIS this week at Esri’s European User Conference. Esri is the global market leader in the Geospatial Information Systems (GIS) market and ArcGIS is Esri’s flagship platform.
I am still almost 75% up on this share tip but 1Spatial (SPA) shares have drifted in line with the tech sector of late and that should be a buying opportunity at 6.75p
I tipped this stock on my Nifty Fifty website at a 4p offer in November 2012 and so it has been a good share tip. The stock was trading at c9p before a stock overhang saw a recent sell-off but astute fund manager Hargreave Hale seems to have cleared that and I reckon that the shares will now head North at a fair old rate towards 12p. Here’s why.
1Spatial (SPA) has announced results for its year ended 31st January 2014 and that it considers that it “is well placed to capitalise on opportunities in the spatial Big Data market and Smart Cities markets”. We tipped this stock at a 4p offer price. It is now 7.5p but there is far more to come.
Broker N+1 Singer has published a bullish note on AIM listed 1Spatial (SPA) following prelims yesterday. It clearly regards the shares as cheap.
Staff at AIM listed tech group 1Spatial (SPA) are raising money for Oxfam – do you care to assist?
1Spatial (SPA) has updated investors n the 12 months ended 31st January that “adjusted EBITDA and overall results for the year will be in line with market expectations”and that its new financial year has commenced “with a strong order back-log in excess of £7m and a significant pipeline of opportunities… across a number of geographies and industry verticals”.
The team at Shareprophets regards all three stocks in our takeover t1ps for 2014 as potential bid candidates for very different reasons. We are not saying that bids will come but we would not be surprised if they did before next Christmas, or possibly sooner. First up is 1Spatial (SPA) which at 9.875p is capitalised at £64 million.
The story of 1Spatial (SPA) over the past year in share price terms has been a happy one overall, especially when you take note of the way that going into 2013 the stock was barely above 4p.
AIM Listed 1Spatial (SPA) has announced a contract extension which sees that “approximately $1 million will be payable to 1Spatial and recognisable during the financial year to 31 January 2014, and 31 January 2015”. The shares now trade at 8.125p meaning that Steve Moore and I are 100% up on this tip on our Nifty Fifty site – there is more to come.
Steve Moore and myself do not claim to be perfect but we get it right more than we get it wrong and we tipped AIM listed 1Spatial (SPA) at an offer price of 4p ten months ago on our Nifty Fifty premium website. The stock is now 8.5p-8.75p so what next?









