Blue Prism Share Discussion Threads

[hazl] 05/1/2023 09:54

Ha ha just seen.

[captain galaxy] 17/2/2022 13:29

The annual report for 2021 is out. The annual renewing revenue came in at £184.8m with a year operating loss of £17m. expecting to make profit next year. ie jam tomorrow. still hoping this takeover is blocked.

[captain galaxy] 17/1/2022 19:27

Millenium International Management just bought 600,000 shares. Increasing a long position. They now have 3.944% of the company. If they voted against this deal then the management are guilty of deceit. Maybe they think this is not over yet.

[1madoptician] 14/1/2022 09:10

CaptainGalaxy
It is a stitch up for sure!!
Let us hope Government follows through
The CEO IS LAUGHING HIS WAY TO THE BANK

[captain galaxy] 13/1/2022 19:42

The shareholders meeting result was 98.2% in favour of the takeover. This is looking more like a stitch up than I thought possible. I do not believe it. I did suspect the management could not count, and this proves it. Lets hope the government block this using the new National Security and Investment act that came into force on the 4th January this year.

[jias] 06/1/2022 13:26

Short term potential upside for this share seems limited to me. If takeover vote on 13th is rejected, with no other bidder this could drop and provide a buying opportunity.

[1madoptician] 30/12/2021 14:27

Hi
We should remain British and I have a reasonable holding and will not sell and I am not holding onto for a higher bid but feel it is a world leader and we should support. I am a an ex Kenyan

[jias] 21/12/2021 19:59

Well said captain. The employees in Warrington deserve better. It’s the greedy board of directors that need to be sold to the Americans. We’ll keep Prism and it’s undervalued workforce in the UK thanks.

[captain galaxy] 21/12/2021 17:00

There was no shareholder support for the vista offer. I can not see what has changed with the new offer. I suspect the fund managers are being paid to sell their shares. If someone paid me to sell a block of shares I would take the cash sell the shares and buy them back again a while later. I wonder how much buying is genuine and not short term. With the price below the offer a small profit can be made if the deal goes through. If the deal falls then this company will do well. It has grown at 40% plus for the last five years. This year the growth is 27%, largely due to covid affecting the whole world. Please remember this sector is forecast to grow at 30% a year for the next decade. Blue Prism has 10% of the world RPA market. The customers are locked in to Prisms software and upselling to existing customers is big business. What could possibly go wrong? Vote against this deal. Remember Kraft took over Cadburys. They said they would not close the UK factory right up until they closed it. We need these high quality jobs in the UK and now we can tell the Americans to keep out.

[latinlovre] 17/12/2021 18:05

Thanks for this information Captain Galaxy. Does anyone on this forum know if a rival bidder can still place a higher offer than SS&C's 1275p and if so, do they have till 13th January 2022 to do this? It is strange to see the Form 8.3s from various funds that show some them still accumulating shares in Blue Prism - for example UBS Connor or Water Island or Millenium? Do they believe that a rival bidder is still waiting in the sidelines to make their intention felt?

[captain galaxy] 17/12/2021 11:30

The Mail says Blue Prism spent 28.5m pushing this takeover. SS&C Are spending 26.5m to oil the wheels. I did wonder why anyone would sell their shares at less than the offer price. They are being paid to sell shares in order to win the shareholder vote. I can only hope the government block this. Funny they have money to finance a takeover but they can not make a profit.

[hazl] 15/12/2021 06:42

The fact is that somebody wants us and you have admitted you are an investor in SSNC.

Back in November...

Prsm has so many investors behind the scenes as shown in the announcements.
I'm not encouraging people to buy at this late stage just following the journey.

IMO

[dannyboylife] 14/12/2021 22:23

HAZL, unless any analyst / suitor has been living under a rock, once PRSM was up for grabs, the books would be open for all of them to see. As well as all marketing and competitive data. Tell tell sign that most large potential acquirers already brought their RPA tech for cents on the dollar! All the same acquirers many here hoped would scramble to snap up this “cheap” PRSM.

[hazl] 14/12/2021 17:15

There's many a company been bought out by just a single interested suitor.

Again, now that our Government at last, is watching this closely, might put some off.
The fact that PRSM was a likely take over target, has been talked about for years.

[dannyboylife] 14/12/2021 16:13

Hazl, you are not listening again. No skin off my nose what the price was or is. If someone wants to pay more, good for all. But show me the lines of VC's or companies looking to buy PRSM for more after digging. Happy to be proved wrong! Supply and demand at play here.

[hazl] 14/12/2021 15:38

Yawn.

You are likely to be in the US I reckon and tried to create doubt to soften the price.

That was the judgement I made quite some time ago.
Happy to be proved wrong.

[dannyboylife] 14/12/2021 14:57

Hazl, I just brought reality and truth to the conversation. If that's "knocking" then so be it. In the end this is great value and kudos to those that make out of it. a $1.6bn valuation isn't bad given this market, and stiffer and stiffer (and bigger) competition with declining license pricing and cost of sales through the roof you should be happy. The fact there were so few bidders in the end, after I am sure, many smart investors completed deep dive diligence is the most telling.

[hazl] 14/12/2021 08:22

Thanks jias


for those that didn't think PRSM had anything of value note.....


'But the buyout still faces major hurdles. The Mail understands the Government is monitoring the deal and it will probably be looked into by the Business Department once the National Security and Investment Act comes into force next month.'

Hardly the actions of a department that sees no value!

Pity they didn't support SXX in the same way before Anglo A got it for a pittance.

[hazl] 14/12/2021 08:18

Yes dannyboy I've always suspected you had another entities interest at heart.

You were trying to knock Blue Prism from the beginning.

[hazl] 14/12/2021 08:14

What do you make of this?

[dannyboylife] 08/12/2021 15:32

And has always been a strong acquirer ; hxxps://www.ssctech.com/about-us/acquisitions

[dannyboylife] 08/12/2021 15:30

I'm invested in SSNC! - looks like a good move and likely get good investment to continue product in the FS space.

[jias] 08/12/2021 14:05

FT states bid is £12.75 so I hope they are right.

[jias] 08/12/2021 10:51

hxxps://www.cityam.com/vista-drops-out-of-billion-pound-bidding-war-for-uk-tech-firm-blue-prism-causing-investors-to-grumble/

Share price now below bid price.