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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Blancco Technology Group Plc | LSE:BLTG | London | Ordinary Share | GB00B06GNN57 | ORD 2P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 225.00 | 222.00 | 228.00 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
13/4/2016 13:23 | Yes I do take your points and they are good ones.I am equally aware that there are others out there offering similiar service to Blancoo but as you note Blanccos competitive advantage rests in being able to offer an auditable procedure.Of course no technology is without risks of either being replaced or getting defunct The trick is to keep one step ahead and keep evolving your technology to stay with the emerging trends .I think Blancco have managed their IPR and the markets for their product extremely well so far.What happens in the future no one can tell,but I am happy to give the company the benefit of my doubt. I have not bet my farm on it though... | nurdin | |
13/4/2016 12:57 | Blancco Assigned Patent Erasing data stored on storage device By Francis Pelletier on 2016.04.08 AddThis Social Bookmark Button Blancco OY Ltd., Joensuu, Finland, has been assigned a patent (9,286,231) developed by Vaisanen, Kim, Helsinki, Finland, Lalli, Lauri, Joensuu, Finland, and Brew, Jonathan, Joensuu, Finland, for a “apparatus, a system, a method and a computer program for erasing data stored on a storage device.” The abstract of the patent published by the U.S. Patent and Trademark Office states: ”An approach for erasing data being stored in a data storage apparatus is provided. The approach may be provided e.g. as an apparatus, as a method, as a system or as a computer program. The approach comprises obtaining a sequence of uncompressible data fulfilling predetermined criteria, which predetermined criteria comprises a statistical measure indicative of compressibility or uncompressibility of the sequence of uncompressible data meeting a predetermined criterion, wherein the sequence of uncompressible data is divided into one or more blocks of uncompressible data, the sum of the sizes of the one or more blocks of uncompressible data being larger than or equal to the storage capacity of the data storage apparatus, and providing, to the data storage apparatus, the one or more blocks of uncompressible data for storage therein to overwrite the data being currently stored in the data storage apparatus.“ | rubberbullets | |
13/4/2016 12:49 | ATA Secure Erase is part of the ANSI ATA specification and When implemented correctly, wipes the entire contents of a drive at the hardware level instead of through software tools. Software tools over-write data on hard drives and SSDs, often through multiple passes. The problem with SSDs Is that such software can not access all the storage areas on an SSD, leaving behind blocks of data in the service regions of the drive (examples: Bad Blocks, Wear-leveling blocks, etc.) When an ATA Secure Erase (SE) command is issued against an SSD's built-in controller that properly supports it, the SSD controller resets all its storage cells as empty (releasing stored electrons) - THUS restoring the SSD to factory default settings and write performance. When Implemented properly, SE will process all regions Including the protected storage service regions of the drive. Secure Erase is Recognized by the US National Institute for Standards and Technology (NIST), as an effective and secure way to meet legal requirements for data sanitization attacks against up to laboratory level. Kingston SSDNow drives support the ATA Security command for proper data sanitization and destruction. | al101uk | |
13/4/2016 12:45 | Blancco Technology Group has been awarded a patent by the US Patent Office for the unique, secure and verifiable way its Blancco 5 product erases data from solid state drives. The US patent confirms that Blancco has a valuable market solution that can be used to support the burgeoning flash storage space, and follows similar Blancco patents also awarded in the EU and Finland separately. According to analyst IDC, in published figures this month, the total enterprise all flash array (AFA) market generated $955.4 million in factory revenue during the last quarter of 2015 – up 71.9 percent year over year. And the hybrid flash array (HFA) segment continues to be a significant part of the overall enterprise storage market, with $2.9 billion in revenue and 28 percent of market share, IDC said. SAP-data-centre-185x “At the same time, budgetary and resource constraints have driven IT administrators to reuse SSDs whenever possible.” Designed to specifically handle functionality differences across a myriad of SSD vendors, the patented process consists of the following: · A multi-phase, proprietary SSD erasure approach that utilises all available security protocols supported by SSDs · Automated techniques to remove system BIOS freeze locks, enabling access to key internal security features of an SSD · Procedures that root out those drives that give false positives about their internal erasure processes · Third-party benchmark testing and validation · A comprehensive tamper-proof report to confirm erasure results, that can serve as an essential part of compliance and auditing requirements The new US patent (Patent No. 9286231) supports a secure method to handle end-of-life storage devices – regardless of underlying technology – in a cost-effective, secure and eco-friendly manner, said Blancco. Clawson said: “Unfortunately The data wiping technology also makes it safer to pass on and reuse SSDs. Read more at | rubberbullets | |
13/4/2016 12:32 | nurdin, I understand the story, but I'm not really a story based investor. Aim stocks with a good story are ten a penny, ones that have done well, not so many. They don't have the ONLY method to securely erase data from an SSD, they just have the only auditable one. Others are out there for various manufacturers of SSDs: hxxp://kb.sandisk.co hxxps://www.kingston hxxp://www.samsung.c These tools were not available a year or so ago, with their arrival and standardised ATA secure erase commands it may be that Blancco has a competitive advantage in this arena for only a short period of time. Want a really scary risk? How about SSD manufacturers re-work the trim command for enterprise standard SSDs to eliminate the delay and unreliability of the garbage collector. It's an added value facility that would be quick and easy for an SSD manufacturer to implement and would put a big dent in Blancco's profitability. Having said that, the really exciting part of the business is in the auditing and data management elements of what Blancco do (securely removing data from live systems). That could be a solid business going forward, but there are risks and so I want earnings to support the share price and to balance those risks somewhat. | al101uk | |
13/4/2016 11:47 | All fair points Al...but as SCSW says its the bigger picture that matters at this stage rather than the PE rating.Their last comment in their last coverage summarises it well: 'Interestingly, the data on a solid state hard drive is harder to wipe clean than the magnetic disks they are replacing (rapid development cycles, higher security, high velocity data etc) and Blancco claims to have written the only algorithm capable of securely erasing them, which it has already patented. One day, says Dhody, you can imagine a world where even your Toyota connected car system, home automation system or your healthcare device will have a Blancco button on it. At US$1 a pop on a billion devices, it could be B-I-G bucks. Buy.' | nurdin | |
13/4/2016 11:19 | I'm thinking more that way, less shares more tightly held. Those weaker shareholder s will use this opportunity to get out. Like someone said why didn't they just give everybody a special divi, don't think even SCSW was expecting the return in this way. | johnv | |
13/4/2016 11:16 | Can anyone on the bull side actually come up with projected numbers for this that make sense? EPS at interims for ongoing business was -1.18p per share, assume we can strip out all of the exceptional costs for the next 6 months (a big assumption), assume growth of 15% in the 6 month period to end of year (assumed 30% annualised) and you get revenues of maybe £13 million and gross profits of £5 million. Deduct corporate costs, tax @ 20% & amortisation of intangibles, for which I get a total of around £2.7 million. That leaves £2.3 million profit. Factor in the first 6 months losses of around £1 million and your down to £1.3 million profit. Now take the share buy back at current prices and you get left with 57.2 million shares in issue which gives us a generous estimate of earnings of around 2.2p per share and a forward PE for 2016 of around 100. Should those exceptional costs dissipate next year you could see a leap in profit for 2017 and a prospective PE in the twenties, but you have to make generous assumptions to get there and I haven't factored in a whole bucket load of potential costs. That's my best take on the situation. It's not horrible, but PJ1 is right, you're putting a lot of trust in managements ability and for the market to grow at the rate that management have projected. | al101uk | |
13/4/2016 10:36 | yeah and 30% of the shares are being bought and being cancelled, two thirds will remain and they will be wanted and wanted as story unfoldeth | rubberbullets | |
13/4/2016 10:13 | But its not being returned. Its a share buy back I see a risk this turning into another AVAP. Slick Director presentations, all talking the talk and walking the walk, but evermore complicated. And at the end of the day just a load of hot air. | pj 1 | |
13/4/2016 10:04 | The problem for me is even a great business with a great business model can be over priced and I'm struggling to calculate a sensible earnings multiple for the business going forward. Would I pay 20x earnings, 30x, 40x? I think I'd be very comfortable with 20x to 25x forward earnings, but I suspect once all is done we'll be well in excess of that. Having said that a great business can be "over priced" and then earn that premium leaving an investor like me with no entry point. | al101uk | |
13/4/2016 09:14 | Not selling as the biz model is good and the biz is great | nw99 | |
13/4/2016 07:53 | It only really benefits institutions that can sell some of their holding without smashing the price. I can't figure out what the best cause of action is or what the company will be worth / shareprice after all this. Therefore I've sold a few days ago and will wait to see where we are when its all complete. | stegrego | |
13/4/2016 07:31 | How are they returning cash to me if they are just going to buy my shares at a small premium (not guaranteed), leaving me with no holding. | pj 1 | |
13/4/2016 06:55 | HiI believe the theory is that the company wishes to return £50m surplus capital to shareholders, but for the lowest price possible to benefit those shareholders who don't sell, going forward. (It wouldn't be possible to purchase £50m on the open market just because it is a huge proportion of the currently issued share capital).I think I remember reading the purchased shares would be cancelled.I don't know why they chose this route rather than a special dividend? Maybe a lack of distributable reserves and/or tax efficiency. I would be interested to hear any views on this?TIA... | ben12358 | |
12/4/2016 22:28 | Trying to get my head around this tender offer ( not a shareholder myself). The company are willing to buy your shares at a 6% premium and I assume cancel those shares. Is there any reason to wait until 4 May to buy, as no shares are going to be dumped on the market. Seems to me to a be reverse rights issues. | johnv | |
12/4/2016 17:05 | Blancco Technology Group has been awarded a patent by the US Patent Office for the unique, secure and verifiable way its Blancco 5 product erases data from solid state drives. The US patent confirms that Blancco has a valuable market solution that can be used to support the burgeoning flash storage space, and follows similar Blancco patents also awarded in the EU and Finland separately. According to analyst IDC, in published figures this month, the total enterprise all flash array (AFA) market generated $955.4 million in factory revenue during the last quarter of 2015 – up 71.9 percent year over year. And the hybrid flash array (HFA) segment continues to be a significant part of the overall enterprise storage market, with $2.9 billion in revenue and 28 percent of market share, IDC said. SAP-data-centre-185x “At the same time, budgetary and resource constraints have driven IT administrators to reuse SSDs whenever possible.” Designed to specifically handle functionality differences across a myriad of SSD vendors, the patented process consists of the following: · A multi-phase, proprietary SSD erasure approach that utilises all available security protocols supported by SSDs · Automated techniques to remove system BIOS freeze locks, enabling access to key internal security features of an SSD · Procedures that root out those drives that give false positives about their internal erasure processes · Third-party benchmark testing and validation · A comprehensive tamper-proof report to confirm erasure results, that can serve as an essential part of compliance and auditing requirements The new US patent (Patent No. 9286231) supports a secure method to handle end-of-life storage devices – regardless of underlying technology – in a cost-effective, secure and eco-friendly manner, said Blancco. Clawson said: “Unfortunately The data wiping technology also makes it safer to pass on and reuse SSDs. Read more at | rubberbullets | |
07/4/2016 14:19 | From their website: By 2020, the amount of Internet-connected things will reach 50 billion, delivering $19 trillion in profits and cost savings to businesses over the next decade. Just to get your pulse racing lol | nurdin | |
07/4/2016 13:49 | Interesting...didnt know they dealt with retail customers as well (perhaps should have been obvious) 2 licenses cost £35.88! Multiply that by a few millions and....:o) | nurdin | |
07/4/2016 07:21 | Thx for the new thread bbd. Good to see the share price continue to climb. I have my doubts that the full £50m tender will be taken up given BLTG's prospects, so the strike price may be towards the higher end of the range. Anyway, some time to go until the 4th May. | rivaldo | |
06/4/2016 23:13 | Cheers dave, tks. | scottishfield | |
06/4/2016 20:17 | Well done BBD ! Perhaps would be a good idea to give a link to the old thread? | nurdin | |
06/4/2016 20:02 | Thanks BBD, great to have a new thread. | battlebus2 |
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