THNS is a real company unlike many others on the pink sheet or bulletin board. It has seen monster growth in its core operations (virtualization and cloud client technology) and that has translated into massive growth in orders. The company confirmed that over the last six months it’s been implementing 1,000 Thinspace TSE licenses for India's The Shamrao Vitthal Cooperative Bank Ltd. ("SVC Bank"). The implementation caps the big purchase made in April 2014 by the bank, and will help them deliver their core-banking software application to branches and customers across the country. That’s big news number one.
THNS has responded to massive demand in the Japanese market for its TSE technology. Things are so good that the company has now localized TSE to support the Japanese double-byte character-set. The cloud is exploding in Japan with estimated growth set at 9.7% CAGR through to 2018.
The thing that will really set the play alight next session is news of THNS’ Q3 2014 financials. The company announced record revenues of $2.3 million for the quarter or a whopping 465% increase over the same quarter in 2013. THNS confirms that its B2B customer base now stands at 5,000+ and growing.
To close the loop I call your attention to the bullish technical setup for THNS. The play is trading below its strong 12-month performance of .99 and it has very strong daily liquidity. The chart shows upward momentum so getting in at .16 is a charm.
Rumor had it: Get on THNS now before it get heated much more this week.
About THNS
THNS (Thinspace Technology Inc.) is a global provider of reliable, scalable and affordable application delivery, virtualization, and cloud client technology to public and private sector companies and organizations of all sizes.
THNS operates on the belief that application delivery and cloud computing solutions should be flexible, dynamic and above all, simple to use, Thinspace understands and is passionate about solving customer problems affordably in the most efficient and effective manner possible.
THNS’ list of private and public sector customers include NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations.
Investments Highlights
THNS has improved its core B2B customer base to over 5,000. The company is also expanding its operations in Japan to meet the exploding demand for cloud client technology which is projected at 9.7% CAGR through to 2018.
THNS has just wrapped up the implementation of 1,000 TSE licenses for one of India’s biggest banks, The Shamrao Vitthal Cooperative Bank Ltd. ("SVC Bank")
THNS has delivered record Q3 2014 results, announcing a 465% increase for revenue of $2.3 million.
THNS is showing massive upside potential via its trading chart. The northward sloping trend line has sent interest surging in the play and rating is now “buy” on several portals.
THNS is also showing its bullish upside via its 14-day RSI of 50. The very neutral showing coupled with the current uptrend could leads to a potential explosion in upward momentum.
THNS has very strong daily liquidity. Average volume is now north of 300K.?
THNS has seen sharp movements in its key moving averages. 50 DMA is up 72% and market valuation is up 260% since August.
Desktop Virtualization Sees Growing Interest from SMEs
The level of interest in VDI is very strong, although many smaller companies ultimately are reluctant to make a long-term investment in an approach that impacts their entire IT strategy, said M.J. Shoer, founder and president of Jenaly Technology Group Inc., a solution provider in Portsmouth, N.H.
IDC predicts that 2014 is the year where desktop virtualization is going to become main stream given its advantages currently in demand: low cost, flexibility, secure and green. According to Gartner research, the global desk top virtualization market is expected to surpass $65 billion in 2015.
Two separate studies provide additional insight into mindsets about VDI. The first study, conducted by Spiceworks Inc., found that almost one-quarter of all businesses have deployed some sort of product from the virtual desktop market. Penetration among larger enterprises (those with more than 250 seats) was slightly higher than the average for companies with fewer than 20 employees.
Similar research by Techaisle Inc., released in August, produced data about desktop virtualization market size. It found that VDI sales to companies with 100 to 499 employees offered the biggest opportunity for technology providers -- with the number of midmarket virtual desktop seats expected to grow to 2.7 million by 2015.
Key drivers in the desktop virtualization market include cost reductions, data security and improved availability of applications, according to Techaisle. "Early adopters were predominantly chasing some sort of point solution scenario, but now their level of interest is more sophisticated, reaching deeper," Mainline's Iafrate said.
Businesses developing long-term strategies for smartphones, tablet computers and other personal mobile devices being used by their employees for work-related purposes are ideal candidates for desktop virtualization solutions, said Richard Vaughn, vice president and co-founder of i-Tech Support Inc., an Orlando, Fla., solution provider. Many small and medium-sized businesses (SMBs) balk at the infrastructure investments required for servers and storage or for increasing network bandwidth, however, even when limited pilot tests are successful. "They get short-term vision," he said.
8 reasons why THNS must be on your screen in the morning!
1. Hot and Growing Sector/Industry: THNS operates in the $165 BIL Dollar Cloud Software industry. This technology is used by utilized by every major player from Apple to Microsoft and projected to see substantial growth as it becomes the standard.??
2. STRONG BUY/BULLISH RATING: Barchart.com currently gives THNS their highest rating of STRONG BUY and StockTA.com currently gives it a BULLISH Rating!??
3. Major Customers: The Company's list of private and public sector customers include a who's who of major players including NASA, PWC, Deutsche Bank, Toyota, as well as, NHS, local councils, universities, schools, and housing associations! ??
4. Customer Retention: Alpine Jaguar recently announced their continued committment to THNS's VDI (Virtual Desktop) software solutions and educational insitutions like Keiser University renewed their license with the company.??
5. Expansion: THNS recently announced they plan to expand into Canada.?
6. Bull Flag Breakout Pattern: THNS appears to be on a new Bullish trajectory currently displaying a BULL FLAG Pattern with the 50 Day Moving Average as a key support level.??
7. Chart Upside Potential: Just this past April, THNS was testing highs of .95. A return to those levels would yield traders over 415% GAINS!??
8. REVENUE GROWTH: In News released just last month,?Thinspace Technology Announces Third Quarter Net Revenue Up 464%?Revenue Now Totals $5.701 Mil - Increase of Over 479% - Operating Loss Improves to 29%
Recent Developments
Thinspace's New Strategic Partnership with Disk Storage Provider - DST Provides Entry into Strong South Korean Market. THNS formed its new strategic partnership with South Korean disk storage solutions provider, DST Technology, to provide desktop virtualization solutions to their existing and future enterprise customers.
Thinspace Adds to Xoom Technology's Existing Partner List - Microsoft, HP, Sophos, and Mitel. THNS has partnered with Xoom Technology Group to provide effective and affordable Desktop-as-a-Service (DaaS) and cloud service solutions to the small and medium sized business market (SMB) in San Antonio and Austin, Texas areas.
Please make sure THNS is the only thing on your screen today. The strong news combined with the even stronger technical setup means that traders will be moving aggressively on the play when they next get a chance.
To learn more about THNS please visit their website: www.thinspaceinc.com
