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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Gresham Technologies Plc | LSE:GHT | London | Ordinary Share | GB0008808825 | ORD 5P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 163.00 | 603,878 | 07:30:33 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 162.00 | 164.00 | 163.00 | 163.00 | 163.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Computer Programming Service | 48.72M | 2.88M | 0.0344 | 47.38 | 136.63M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:23 | O | 250,000 | 163.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 19/4/2024 | 17:02 | UK RNS | Gresham Technologies PLC Notification of Major Holdings |
| 19/4/2024 | 15:29 | UK RNS | Caisse Federale De Credit Mutuel Form 8.3 - Gresham Technologies Plc |
| 19/4/2024 | 15:25 | UK RNS | Maven Investment Partners Ltd Form 8.3 - GRESHAM TECHNOLOGIES PLC |
| 19/4/2024 | 15:23 | UK RNS | Alliance Bidco Ltd DISCLOSURE UNDER RULE 2.10(C) OF THE TAKEOVER CODE |
| 19/4/2024 | 14:12 | UK RNS | Amati Global Investors Ltd Form 8.3 - Gresham Technologies plc |
| 19/4/2024 | 13:22 | UKREG | Samson Rock Capital LLP - Form 8.3 - Gresham Technologies Plc |
| 19/4/2024 | 11:58 | UK RNS | Schroders PLC Form 8.3 - Gresham Technologies PLC |
| 19/4/2024 | 10:45 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
| 18/4/2024 | 16:27 | UK RNS | Alliance Bidco Ltd DISCLOSURE UNDER RULE 2.10(C) OF THE TAKEOVER CODE |
| 18/4/2024 | 15:35 | UK RNS | Stephen William Purchase Form 8.3 - Gresham Technologies PLC |
Gresham Technologies (GHT) Share Charts1 Year Gresham Technologies Chart |
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1 Month Gresham Technologies Chart |
Intraday Gresham Technologies Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 19/4/2024 | 18:29 | Gresham Computing progress towards greatest returns in Group's history | 8,301 |
| 23/3/2022 | 10:28 | Gresham (GHT) One to Watch on Tuesday | 1 |
| 12/8/2008 | 08:10 | AFX NEWS /TAKE-OVER TALK. | 1 |
| 04/1/2008 | 10:50 | Hoodless say buy Gresham computing...this time they really mean it! | 3 |
| 12/5/2006 | 15:52 | BID IMMINENT?? EASY 100% TO BE MADE | 113 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-19 16:15:00 | 163.00 | 250,000 | 407,500.00 | O |
| 2024-04-19 16:15:00 | 162.00 | 125,000 | 202,500.00 | O |
| 2024-04-19 16:15:00 | 162.00 | 100,000 | 162,000.00 | O |
| 2024-04-19 16:15:00 | 163.00 | 66,479 | 108,360.77 | O |
| 2024-04-19 15:35:23 | 163.00 | 10,000 | 16,300.00 | UT |
| Top Posts |
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Posted at 19/4/2024 09:20 by Gresham Technologies Daily Update Gresham Technologies Plc is listed in the Computer Programming Service sector of the London Stock Exchange with ticker GHT. The last closing price for Gresham Technologies was 163p.Gresham Technologies currently has 83,824,458 shares in issue. The market capitalisation of Gresham Technologies is £136,633,867. Gresham Technologies has a price to earnings ratio (PE ratio) of 47.38. This morning GHT shares opened at 163p |
Posted at 19/4/2024 17:26 by gnnmartin Interesting to see Morgan Stanley increasing their holding in GHT. I'm too lazy to look up and see if they are in concert with the bidder, but if not, it suggests they think a higher price might be extracted from the bidder (or a competing bidder).Doubtless there is a good bit of wishful thinking on my part! |
Posted at 09/4/2024 17:31 by richjp gnnmartin, that sounds encouraging and I hope you are correct.Reflecting on this I will be 78 next month and although I think that GHT is worth more,it is my largest shareholding and by turning my holding into cash it will give me some certainty. I will have done reasonably well out of it, but not as well as I was hoping. If their challenges are as they have stated, then the share price was only to stagnate at best for maybe a long time or even go down. I am in good health, touch wood, but for my personal circumstances this may be for the best. When they announce the results the message is bound to be somewhat downbeat in line with today's RNS. I would still like to see a counter offer though. |
Posted at 09/4/2024 08:37 by homtanks They only had to wait one more year, pe drops to 10 on 2025 forecasts, 3 times that you get share price over 250p.In the meantime if they had bought back shares using the £4.8m and growing cash... they didnt even try to raise the share price. Very poor indeed. |
Posted at 12/1/2024 13:36 by richjp I doubt if the appointment of a Kestrel director has anything to do with a potential takeover. Some will remember that Max Royde of Kestrel was on the GHT board for some time when GHT was reinventing itself with Claretti.I think the appointment may strengthen the share price I was always a bit concerned that the slow progress with the share price might encourage Kestrel to start selling which could lead to a massive share overhang for some time. Having a Kestrel director on the board indicates to me a commitment from GHT's largest shareholder. A solid set of results I feel, but again not spectacular. |
Posted at 23/11/2023 17:38 by qantas Thu 23 Nov 2023(Sharecast News) - The boss and finance director of Gresham Technologies picked up some shares in the company. According to the outfit, Ian Manocha, the company's chief executive officer, bought a further 5,000 shares at 121p while finance director, Tom Mullan, bought 12,385 shares at 120p, both on 22 November. That took their respective holdings in the company to 0.199% and 0.090% of the company's share capital, respectively. A week before, Gresham had forecast that full-year 2023 revenues and earnings would be in-line with market expectations. Management also said that it continued to have a "solid" pipeline of opportunities from both new and existing customers, and was expecting to close additional Clareti subscription business before the end of the year. Top Director Buys Gresham Technologies (GHT) Director name: Mullan,Tom Amount purchased: 12,385 @ 120.00p Value: �1,4862.00 Please do your own research as always |
Posted at 23/3/2021 10:31 by gottafly Well another positive signing announced yesterday and the second new 'fresh' deal this month and a new usage to boot. I think this clearly shows that if you have no legacy system then Clariti is the product of choice.planet2, you are correct that GHT stopped posting each new deal as an RNS some time back. They moved, thankfully in my view, to a more measured approach, with only significant wins being individually announced. The problem with this change though was that because GHT provide 'enabling software' (and therefore are not naturally front page news) this exposed the poor level of their other news channels - social media, blogs, white papers etc. GHT went from 'overkill' to largely 'radio silence'. Getting the right message to the market is not something that GHT has been particularly good at (which doesn't help share price stability) but as I posted earlier I get the sense of a significant change of 'mood music' and determination from the new board. Borisjohnson, you are correct about the GHT share price being circa 110p when IM took over and yes no great progress, despite the strong product offering, over his 5 year tenure. This is really time to deliver and I say again, I think the new board are very focused on achieving share holder value, hence the transformative M&A statement. Getting back to the share price I believe it is at a crossroads, apparently somewhat stuck in the 150's yet with N1Singer stating they believe it is undervalued. As an example, Yahoo finance are predicting 180p within the next 12 months, good but not earth shattering. Whilst it is great to see these two new significant deals, they did not replace an existing legacy system, which is where I beleive the real prize is and I believe is the basis for the transformative M&A statement. IM has stated that replacing legacy systems takes considerable effort and has protracted time scales, so this is a long hard slog hence the search for a better way. Watch this space! As always DYOR. |
Posted at 20/11/2020 14:09 by gottafly Well where do we all think we are with GHT progress and the future SP, any guesses for where the share price will be at the year end and into next year? As a GHT long term shareholder, using my rose coloured spectacles of course, I view the current share price level as significantly below where it should be.All stocks took a hit with Covid, including small market cap stocks, but overall they have recovered back to pre Covid levels, however this is not the case with GHT, perhaps it is just lagging behind the curve? The share price was circa 150p back in Feb/March so why is the share price currently well below this. I don't have access to professional research on GHT (too mean I guess) so rely on trawling the public interent sites to get a concensus, overall it does seem pretty neutral with the occasional strong buy recommendation, but in general I think the stock is a little unloved. I did find one site that stated GHT were trading at a 44.58% discount to the analyst concensus target price of £229.07. Another forecast a short term share price increase (to 135p) but then the share price down to £104.777 in a years time! Yet another, with a strong buy recommendation, quotes an analysts 12 month concensus price of 180p (this price has been around for some time). As I said in a previous post, the recent trading statement made little sense to me, it did not say a great deal new (but overall was positive) and therefore why did GHT decide an unscheduled announcement was needed. From the contents, there does not seem to be a clear and obvious reason for the trading update but clearly GHT decided that one was required. Significantly I think, the trading update was made just a couple of weeks after the board changes where Knott and Wandhoffer were appointed. I have no personnal knowledge of these individuals but they do seem to have the expertise/experience that GHT desparately need as regards delivering on the potential of the Clareti product line. Im my view, progress in the last couple of years has been woeful, with perfomance more like a family run firm than a Fintech. So my guess is that the new directors (or should I say the new board) took stock of where GHT was and concluded that a public restatement of progress - the trading update - was required. I have previously stated that the half year results announcement was lacklustre and yet the investor presentations were much more positive, so there was a disconnect created here. The other thing that concerns me is that UK Equity stocks are, in general, seriously under valued so GHT potentially looks to be a cheap aquisition (especially to a foreign buyer). So yes, I do have rose coloured spectacles, but to me everything points to GHT being significantly under valued or at this price an attarctive acquisition target. Looking at the GHT share chart, if it was worth 150p back in March then, with continued progress, it should be worth at least that now. If that were the case then the 180p level is not that far away. Ramble (due to lockdown) over, any thoughts anyone? |
Posted at 27/10/2020 16:05 by richjp amt, I am keeping a fair bit of my portfolio in cash at the moment in case the wider market crashes in these volatile times, otherwise I might already have dabbled in D4t4. There may be a better moment in the short term however I don't think most of us can time the bottom of a dip.If the GHT share price perks up a bit more, that might tempt me in to having a small punt in D4t4. I can always add more later. With every year the GHT foundations seem to me to be getting stronger as is the cash position, so I think the downside risk is pretty limited at the moment. GHT is over 20% of my portfolio, which is high I know, but it does mean that the strength of GHT influences other decisions I might take. |
Posted at 27/7/2020 14:43 by richjp I think the recent results are as good as could have been expected in the circumstances, although GHT is unloved again today.As far as I am concerned IM is definitely the right man for CEO and I hope he continues. There is also nothing untoward about Ken Archer standing down. That was announced a year ago. As a non exec he is legally obliged to stand down after nine years in office. In fact it will be around ten when he finally leaves. The new chairman seems to have the right background and it seems that the company took it’s time in finding him. I do hope however that he puts has hand in his pocket and buys a decent number of shares. I was surprised to see how confident they were in the online presentation. If the formal announcement seems a bit subdued I feel we have to remember that they have issued two profit warnings in recent years, although both times it was simply a case where major orders got deferred for a few months and the share price got hammered. In making optimistic public announcements you could say that they are damned if they do and damned if they don’t. The presentation made it clear how demanding it can be to win new major accounts. It is not just about having a superior product or getting onto to tender lists. From my own experience it’s about getting to know how an organisation works, understanding the decision making process and who the influential figures are. It would be easy to throw a number of sales people out there and having them chase opportunities that will not come to fruition. Historically it has been the face to face contact whereby good professional sales people get to qualify opportunities, which is why I am a bit cautious when they seem to be saying that conducting sales business remotely is effective. Perhaps in that respect it’s because I am an old geezer and not up to date with modern methods of working! At the presentation I attended a year ago, they were asked if they were concerned about the share price They said it was an issue not only because it might make it difficult to raise money in the market if needed, but also because the employees share scheme is affected. In the longer term it is always the market that decides the share price no matter what the company may say. The GHT share price moves up and down on small volumes of share transactions. The trading updates last December and this January were upbeat and in fact I bought more. Pre Covid the share price was recovering steadily and I think would be much further ahead if it were not for Covid. When they first turned cautious concerning Covid was when the share price fell. It is frustrating but it is what it is. Markets get it wrong on both the upside and downside. The hot money in the market is elsewhere at the moment rightly or wrongly. GHT is not seen as a high growth stock but I still think that consistent growth is there. The business model as far as I am concerned is good and they are generating cash. |
Posted at 18/3/2020 18:25 by richjp I had to curtail a ski trip in Italy last week and was unable to attend GHT’s presentation as I usually do. I am now self isolating. I think the results were excellent and in accordance with the expectation set up by the January TU. There were one or two blips but that is to be expected and the bigger the company gets the less impact they will have.amt, I think you may be placing too much emphasis on the PE ratio. As shown on this website the PE, although based on 2019 earnings, is dynamic and changes with moves in the share price and market cap. As I type this it is down around 41 rather than 50 a couple of weeks ago. There were also a number of exceptionals this year including the £647K write down because of the discontinued venture with Mountview and others which I do not fully understand. That had a significant impact on the bottom line and hence the PE. Many tech companies pour a lot of money into market development and have much higher PEs still. The likes of Uber, Snapchat and Spotify do not make profits at all, yet the market has been quite happy with that, so they will not even have a PE even though they are billion dollar companies. If the PE has significance, I would be more interested if one of the brokers has provided a forward PE for 2020, which should be free of exceptionals because exceptionals cannot be known at this time. An often preferred measure for growing tech companies is the price to sales (PS) ratio. Again as reported on ADVFN it is dynamic and for GHT currently standing at 3.14. The lower the PS ratio the better. Everything I have read says that PS ratios should be compared with companies within their specific industry sectors. The following site gives the average PS ratio for software and programming companies as 5.86 hxxps://csimarket.co I believe the figure of 5.86 is based on the last four quarter earnings so therefore is not dynamic. As there are no reported figures for any companies for Q1 2020, that average PS ratio is not up to date and will not take into account the recent market falls. If we use the recent high of 150P for the GHT share price to compare like for like (i.e. before the crash) the PS ratio was still only 4, well below the average. The share price crash is purely down to the coronavirus scare. I think the biggest concern for GHT is the travel ban. Although they are expanding their sales teams internationally, I am sure IM and perhaps other senior management get involved with the major deals. A tier one bank I suspect will want to meet the CEO face to face. Having said that, most prospective clients should by now have completed their budgets for the year and know which projects they want to sign up and get started and will hopefully still try and go ahead. If not for the coronavirus problem I think the share price would be progressing beyond the recent high and moving up towards more like 180. If the GHT share price ratio were to increase to the industry average of 5.86, that would give a share price of 215P which two weeks ago I would have thought to be a reasonable target for the end of this year. |
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