Market's view on Celebrus Tech
Published on April 2024
- There is speculation about potential takeover targets following recent acquisitions in the industry.
- Positive financial update highlighted with net cash around £19.9m, constituting approximately 20% of market capitalisation.
- Recent trading statement confirmed expectations being met.
- Notable share purchases made by an individual prior to contract announcements, indicating strategic timing.
- A significant share acquisition by Tom Skelton, Non-Executive Chair elect, involving 50,000 shares.
- Recommendations to maintain long positions in the market.
- Observations noted on share price movements post-interim results and prior contract announcements, raising questions about timing.
- New contracts announced bolster confidence in meeting year-end targets.
- Discussion planned for a deeper analysis of Celebrus Technologies’ interim results.
- Concerns about Celebrus Technologies not addressing the replacement of Google Analytics in their presentation.
- Usage of Celebrus Technologies by Sharepad noted, with some inconsistencies in branding and recognition between D4T4 and Celebrus (CLBS).
- Media mentions and brand recognition discussed, noting a lack of mention of Celebrus in some instances.
- Historical name change from D4T4 to Celebrus discussed, with the company’s focus on data innovation and management highlighted.