Share Name Share Symbol Market Type Share ISIN Share Description
Blue Prism Group LSE:PRSM London Ordinary Share GB00BYQ0HV16 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +30.625p +6.97% 470.00p 465.00p 475.00p 475.00p 450.00p 450.00p 361,264.00 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 9.6 -5.2 -10.5 - 292.39

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Date Time Title Posts
24/3/201718:04Die Roboter960.00
22/11/201610:29 Blue Prism (AIM: PRSM) The robots are coming3.00

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Blue Prism (PRSM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2017-03-24 17:09:24462.005,00023,100.00O
2017-03-24 17:04:17471.003,39415,985.74O
2017-03-24 17:03:03468.4474346.65O
2017-03-24 16:51:04451.8013,77862,248.46O
2017-03-24 16:35:07470.0028131.60UT
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Blue Prism (PRSM) Top Chat Posts

Blue Prism Daily Update: Blue Prism Group is listed in the Software & Computer Services sector of the London Stock Exchange with ticker PRSM. The last closing price for Blue Prism was 439.38p.
Blue Prism Group has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 62,210,968 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Blue Prism Group is £292,391,549.60.
alter ego: petewy, You seem overly concerned that the company should issue news to keep up the share price The new you refereed to obviously was not good enough news as you observed the share price had fallen hence my assumption that you expected more news to be issued. There are 2 sorts of people who buy and sell shares. Some are investors who buy a stake in a business and monitor it's progress to determine if it is performing as they anticipated. The others type is a trader who is interested in the share price, not the business. Which are you? All share prices ebb and flow according to market mood as well as company specific events. Market makers and shorter are additional factors that set prices in the short term. I think it was Ben Graham who said, "in the short term, the stock market is a voting machine. In the long term it is a weighing machine". If you trade a stock, you cannot expect the business to oblige you in keeping up the share price If you invest, the financial numbers will ultimately determine where the share price sits.
petewy: Alter ego: It is their job to run the business for the benefit of shareholders. Which includes publicising good news and keeping the share price up. Since my last post 860, I've read good news yet the price has dropped.
hazl: Again that is your interpretation not mine. Of course I am going to be enthusiastic about this share,it's done me proud. Despite that I have tried to be fair about the possible share price movements with the effects of factors outside of the company. I am not bullish on the stock market this year. Of course I could be wrong on any of it. Most of my posts from the beginning of this thread have been on the rise of the robotic industry from an information point of view. I have no concern as to whether you choose to partake or not in the shares.
hazl: With respect to posts like 845 The important thing is, that there is a clear message, that they WANT this share. I tend to ignore what they are saying about 'value' of share price because its the future price that counts....for me anyway. Interesting piece in the Times this Week Business section talking about robots and repercussions. The fact that already some office blocks are not being sold easily that were filled with lawyers for example gives an indication of what is going on. The speed is perhaps surprising. We might go through some hard times with stock markets this year but this company will go places I'm sure long term. IMO
alter ego: It's a bit more complicated than that Croasdalefc. When a contract is signed, commission is paid as an "introduction fee". After that, revenue is only recognised for the expired portion of the contract, whether recurring or up front. Staff costs etc, are incurred regardless of the revenue generated. Profits will accrue when sufficient sales revenue during the period exceeds,commissions paid and staff costs etc. It seems likely to me that this may take some time, perhaps more than a couple of years, while sales volumes increase but it depends on how rapidly they can grow recognised revenue. Despite that, I like the fact that 10% of revenue will be spent on R&D. It's important to keep a technical lead over emerging competition. I'm less happy to see that they are owed approx 900K for unpaid invoices overdue more than 90 days. Perhaps it's just that some customers take liberties but it needs watching. This company has enormous potential but let's not get ahead of ourselves with overexcited share price expectations.
togglebrush: Impressive Share price action from IPO (18th March close 110.5) to 18th Nov at 283.50 In that period the Median Trading Volume was 42,734 ' 21st November a RNS said year end (31st October) had seen Strong New Business Since then Median Daily Trading volume ballooned to 132,482 or three times as high. Share price has increased to 527.5 on Friday or nearly twice has high as 18 Nov and five times the IPO ‘ IMHO the results (to 31st Oct) due on 24th Jan17 may be a wakeup call to those who traded the share price up. The directors prospects and forecast will have to be very good to rescue the inflated share price
janeann: seem to be a lot of buys going through and no response in share price at all. and some very strange large trades this morning. Either a seller in the background or being held back for a buyer? any thoughts - hazl?
hazl: Blue Prism customer forums held in New York and London to share best practice and operational excellence for large-scale deployments of enterprise Robotic Process Automation These Prism forums are attended by over 60 international brands. That shows how important their way of working is perceived to be,I believe. ' Blue Prism users gathered in London and New York for three customer forums - the latest in a series of events and programs that stretch back to July 2009. The community met to discuss and share experiences and best practice recommendations for large-scale, mission-critical, transformational deployments of enterprise Robotic Process Automation (RPA). As has been the case for all the previous meetings, the forums were hosted and chaired by Blue Prism customers. On Wednesday, November 30th, BNY Mellon hosted more than 65 members, representing 25 organizations, of Blue Prism’s Robotic Automation Advisory Council (RAAC) in New York for their fourth meeting. This forum was made up of North America-based senior business operations, transformational change and IT executives driving significant RPA implementations. BNY Mellon presented its RPA journey and shared lessons learned, best practice methodologies and operating models for its impressive glo bal RPA program.'
saucepan: Yes, encouraging share price action. It looks like PRSM is on its way again after a pause for breath. The chart is also a textbook example of the power of round numbers - displaying beautiful staging points at 150p, 200p, and 250p. Jesse Livermore would be pleased.
sogoesit: Got interested in this recent start-up following an article in Shares Mag "Under the Bonnet" on 21 July (sorry no charts): "The robots aren’t coming, they’re already here. Little-known UK company Blue Prism (PRSM:AIM) is at the cutting edge of a particular niche within this emerging market. Based just north of Warrington, the small cap business is a leader in Robotic Process Automation, or RPA for short. This is fast becoming one of the disruptive hot spots in the wider artificial intelligence/automation space. Robotics has existed for years. Cars simply wouldn’t get made today without vast automated production lines, for example, but Blue Prism does something very different. Imagine a different kind of workforce, a software workforce to whom you can teach countless new skills and the more it learns, the more efficient it becomes. It never takes a holiday, never gets ill, and is adaptive enough to expand when an organisation hits a workflow spike, yet will shrink when required. Smart stuff RPA software works by mimicking the computer keyboard inputs a human would perform on an application user interface (UI) to perform routine rule-based clerical administration tasks, explains TechMarketViews analyst John Obrien. ‘It’s smart stuff. Not only does this dramatically reduce cost by removing the need for people to perform the same tasks, but it also leads to improved productivity, accuracy and speed to results,’ he says. (Click on chart to enlarge) UTB chart1 Outsourcing to cheap labour markets like India once provided a solution, but rising offshore costs required a viable alternative to keep operational costs low. That is why RPA is gaining such traction among end users and service providers. In March 2015, Transparency Market Research (TMR) published a report saying the market for RPA could be worth $5 billion a year by 2020, most of the demand in North America and Europe. In 2013, TMR calculated an RPA revenue market of $183 million. More interestingly, TMR’s report identified Blue Prism as one of the key technology suppliers. The business launched its software in 2008 and subsequently developed its robotic army with the help of key customers including Barclays (BARC), Telefonica O2 and RWE npower. Impressive start Blue Prism joined AIM on 18 March 2016, raising a total of £21.1 million at 78p per share, although £11.1 million of that went to selling founders and shareholders. That left the company with £8.8 million of fresh growth funding after IPO costs, handing the business an IPO market value of £48.5 million. (Click on chart to enlarge) UTB chart2 It’s been a soaring success for investors so far. On float day the share price shot up in open market dealings to 110.5p, a 42% jump, and while the stock has since bobbed and weaved, the shares are now trading at a record 127.5p. Rapid payback for Blue Prism customers is one reason why investors’ heads are being turned. According to reports, one telecoms customer replaced 45 offshore employees, costing a total of $1.35 million (£1 million) a year, with 10 Blue Prism software robots, costing $100,000 in total. Apparently, the telco in question then spent its $1.25 million savings hiring 12 new people to do more innovative work locally at its headquarters. The other important factor that investors should note is the surging demand. Chief executive and joint founder Alastair Bathgate tells Shares that emerging demand for Blue Prism’s automated army, and pipeline of new business, is more than the current team can handle. That’s sparked management to pull forward growth investment planned for 2017 into the current year. Most of the growth funding (about 80%) will go on extending the firm’s sales, marketing and customer services functions. So far the global sales team has grown from 16 to 25 (the US doubled to 12), and Bathgate estimates this rising to around 40 over the next six to 12 months. There will also be investment in ongoing improvements to the platform through additional research and development (R&D). Previous R&D led to the launch of Version 5.0 of Blue Prism’s RPA platform in May, with enhanced performance analysis, improved user experience through centralised dashboards, and encryption upgrades for sensitive data workflow and storage, plus other upgrades. This rapid growth phase inevitably means investors having to contend with owning a loss-making business for the time being. Blue Prism reported a £1.4 million operating loss for the six months to 30 April 2016. It is worth noting the previous first half’s £72,000 pre-growth phase profit. Rapid revenue growth is needed, and it’s going that way. During the half year period 33 new customers were won taking the total to 90, plus there were 28 successful upsells with existing clients. While reported revenues rose 21% to £4 million, contracted revenue (billings plus future contracted sales not yet invoiced) soared 124% to £14.8 million. Reliable recurring licence revenues are also fast growing, worth 83% of total revenues from 51% a year ago. The challenge now is to build the channel partner network, which remains one of the company’s big growth pushes. Already working with several global blue-chip partners including Accenture, Deloitte and Thoughtonomy, Bathgate admits that 90% of new business is now coming from this ecosystem. Adding new third party partners will clearly help accelerate growth to the extent that Blue Prism hits its ‘medium-term’ profit breakthrough target. Bathgate refuses to get drawn on more detailed predictions but we would read that as meaning the next two to three years. While certainly not a risk-free investment, Blue Prism is definitely an exciting emerging business albeit one that at this stage will only suit certain investors."
Blue Prism share price data is direct from the London Stock Exchange
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