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System

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System

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On December 22nd, 2014, Intercept Minerals Limited (IZM) changed its name and ASX code to XTV Networks Limited (XTV).
 

So_Cynical

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I bought a few of these late this week @ 0.023 :eek: XTV have listed via takeover of a very diluted exploration stock.

XTV basically provide a skin for video content from all providers to play through, thus allowing content providers to brand, sell and promote themselves, free video hosting via 3rd party providers (Youtube etc) that plays via a custom skin and interface.

I think its a great idea, XTV have been doing it for a while and have hundreds of customers and quite a nice little cash flow, a cheap business to run with massive upside potential.

http://www.xtv.net/

Click the Demo tab to watch.
 
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Wanted to buy today's break-out for the Momentum portfolio but there wasn't enough cash available. I'll keep an eye on it here.

Buy 100,000 at 0.028, iSL 0.023 if touched (in market). The risk is $500 plus vig.

I'd post a chart but there aren't very many bars on it as it only listed early Feb.
I notice that So_Cynical is on to it already. :xyxthumbs
 
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Funny that you guys are all over this one. I had a friend who works in the tech space tip me off on this. As usual I completely ignored him and didn't both to check out the company beyond a quick look to see that it was pretty young.
They certainly had a spurt this week, probably helped by a few announcements along with the CommSec video with wolfman: https://www.commsec.com.au/market-news/executive-series.html

If you know your tech than this might be something to explore, but I am pretty slow with these sort of things :eek:ld:
 
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I was hoping some tech savvy guys/girls might see these posts and check out the potential in XTV. I haven't got a clue, either. I just like break-outs on new listed companies, provided they actually have something or do something.

ps: I might buy a mobile phone one of these years. :eek:ld: Do they come with manuals?
xtv2503.PNG
 

So_Cynical

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If you know your tech than this might be something to explore, but I am pretty slow with these sort of things :eek:ld:
I was hoping some tech savvy guys/girls might see these posts and check out the potential in XTV. I haven't got a clue, either.
The Comsec video pretty much nails it, comsec is a broker and like all brokers they use internally produced video to inform and promote their products, every broker does it, every bank does it, airline, insurance company, footy team, government..pretty much every business or organization of any significance pays for video content and has a twitter and facebook page, and pays someone or a team of someones to manage the experience.

XTV puts it all in the one place in a customisable, brandable skin with all sorts of add ons and features...it packages everything thats already out there and serves it up to the audience in one place, its smart because its just using what is already in the market, just a small extra cost to bundle it and maximise the accessibility, in marketing they would call it, asset leveraging.
~

See how the comsec youtube channel video can be imbedded in this forum software, XTV does the same thing just allot better and prettier, and its brandable.
 
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galumay

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XTV puts it all in the one place in a customisable, brandable skin with all sorts of add ons and features...it packages everything thats already out there and serves it up to the audience in one place, its smart because its just using what is already in the market, just a small extra cost to bundle it and maximise the accessibility, in marketing they would call it, asset leveraging.
I agree with your analysis So_Cynical, the problem is there is no competitive advantage whatsoever, its very simple coding to do what XTV are doing, there are other players in the space already, there is nothing patentable that would protect them from competition. Also a lot of companies do this in house with their own IT people already.

One positive I did note was the XTV website, its really good,, clean, slick, fast, well coded and well designed. All too rare, even amongst IT companies.
 
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I agree with your analysis So_Cynical, the problem is there is no competitive advantage whatsoever, its very simple coding to do what XTV are doing, there are other players in the space already, there is nothing patentable that would protect them from competition. Also a lot of companies do this in house with their own IT people already.
They have a patent pending over their HDMI device thingy majingy which turns a lazy screen into an interactive screen.
 

galumay

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They have a patent pending over their HDMI device thingy majingy which turns a lazy screen into an interactive screen.
They may be successful with a patent for their specific one, but similar devices are a dime a dozen, there is nothing special about hardware that does this. Apple TV is the best known and most polished example from both a hardware and software perspective, but there are others that are OS agnostic.
 

So_Cynical

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They may be successful with a patent for their specific one, but similar devices are a dime a dozen, there is nothing special about hardware that does this. Apple TV is the best known and most polished example from both a hardware and software perspective, but there are others that are OS agnostic.
With today's 17% pop in the share price XTV has a MC of 29 mill, just saying that there would seem to be significant upside in the SP/value of the company considering that they have cash flow, a couple of products, contacts, contracts and partners, 6 million in cash and no debt.

Software can always to duplicated/done better and technology can change quickly, cant understand why Google/YouTube isn't doing something similar :dunno: perhaps Google will just takeover a company that has already done the coding and created a market?

Why did Microsoft pay 2 Billion for Minecraft? they are the software kings, surely they could of just written heir own Minecraft.
 
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considering that they have cash flow, a couple of products, contacts, contracts and partners, 6 million in cash and no debt.
.
At first glance there is no figures to go from, but I was interested last night and had a dig.
The half yearly report shows that the performance plan has the following hurdles:
  • Achievement of sales revenue of A$500,000 per month, on an annualised basis over a 3 month reporting period, within two (2) years from implementation of the plan.
  • achievement of sales revenue of A$1,000,000 per month, on an annualised basis over a 3 month reporting period, within two (2) years from implementation of the plan.
  • achievement of Intercept shares trading on the ASX at more than A$0.05 per share, based on a 20-day volume weighted average price, within two (2) years from implementation of the plan.
  • achievement of Intercept shares trading on the ASX at more than A$0.075 per share, based on a 20-day volume weighted average price, within two (2) years from implementation of the plan.

So take these with a grain of salt as they could be worth just that, but if your going to build any kind of model then this would probably be a starting point as to where the company hopes/expects/aspires revenue to be at.

So $6.1m cash as the starting point, less the burn rate. Which at this point is a complete guess.

Potential revenue for FY16 $0 to 12m. I will use $6m as the halfway point, but until we see evidence of actual audited sales $$, then the minimum potential revenue is still $0!

Potential EBIT for FY16 $-x to 2.4m. I have used -x as the lower end as the operating cost of the business is still unknown. I think their distribution model is a good way to hit the mass market without blowing up the PnL (AHZ take note of this), so perhaps the cost base will not be too extravagant. $2.4m for the upper end would represent a 20% margin which for a "successful" technology company should be achievable.

Requirements for reinvestment into the technology/upgrades/new products - I really have no idea at this point.
Working capital requirements - again no idea, I think it's safe to say that the analysis is too rough to even bother getting to this level of detail yet.

It's important to remember the shares on issue will depend largely on the performance of the business. The satisfaction of the above hurdles will result in a 1 for 1 issue to key management personnel.

Current shares: 1042m
Options: 1.175m
Performance Rights (4 tranches): 242.38m

So a potential dilution of 23%. However, shareholders should welcome that dilution if the company can sustainably exceed the hurdles and continue to grow.

Certainly something that is exciting enough to keep on the watchlist as a potential spec play.
 

skc

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The "new tech" sector has really blossomed on the ASX of late. It really feels like dot.com 2.0.

Mining shells are turning into the latest high tech companies via backdoor listing at very high frequencies.

Most of the listings have some actual business model and revenue, but most don't make profits and probably never will. So tread carefully.

For anyone who's interested, BIG is another recent listing that is similar to XTV...
 

So_Cynical

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XTV Loyalty Options entitlement issue.

  • Non Renounceable pro-rata issue of options to shareholders.
  • 1 Option for every 2 shares held.
  • Option exercise price of 2 cents.
  • Option expiry date of 3 years from date of issue.
  • Entitlement date to be released to market shortly. ;)
A cheap as chips capital raising...love it. :)

http://www.asx.com.au/asxpdf/20150330/pdf/42xljnsgtzhm7p.pdf
 
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Hi Guys,

I haven't been around much due to bad health, but this is my biggest holding, great little tech, just needs news.
 
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XTV up 188.889% at the close - that's a hell of a pop. :) nice to see a few 444,270,539 shares changing hands. :rolleyes: ~ 93 million dollar AT&T contract announcement.

http://www.asx.com.au/asxpdf/20160420/pdf/436mqntfb9bpsx.pdf
Actually have been following this one since you first brought it up a number of months ago. Announcement today isn't very clear to me - but then again I have thought that about most of their announcements, so I clearly dont have the best understanding of how profitable these contracts really are.

Even on the open today it was a stellar returner for those that were prepared.
 

So_Cynical

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Announcement today isn't very clear to me
Wasn't real clear to me either, the 93 million and AT&T was the stand out.

Even on the open today it was a stellar returner for those that were prepared.
1800 or so trades, price had a few ups and downs, lots of fun for the day traders.

i hold 150000, should've hung on to the options. :banghead:
 
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Announcement today isn't very clear to me - but then again I have thought that about most of their announcements, so I clearly dont have the best understanding of how profitable these contracts really are.
Looks like it wasn't very clear to AT&T either, with the contract being terminated after 'numerous inaccuracies'.
 

skc

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Looks like it wasn't very clear to AT&T either, with the contract being terminated after 'numerous inaccuracies'.
Lol... I am still undecided whether this is all just a joke or not. Have you seen their presentation? I thought some of those graphics looked like they were cropped from a screen shot of a 80s sci-fi movie (like the original Total Recall).

Given there's so little consequence of talking $hit in the market (like AZZ)... you will continue to see streams of BS from streams of companies.

What a joke! AND people bought it!!
 

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