Ncipher Share Discussion Threads

[rivaldo] 26/10/2007 12:22

Yep, heavy director buying and now a broker reiteration from nowhere with a 345p valuation...with that insider buying a month ago now I wonder if a suitable interval has elapsed for some news to be announced?

Blowitall, NCH probably now has £12m cash against its £40m m/cap and has a consensus EPS of 10p this year and almost 16p for 2008....with a read of the news flow above as per this thread and (hopefully) your knowledge of what NCH do as a market leader in its sector that should just about cover it :o))

[philjeans] 26/10/2007 11:55

Chairman recently bought 100k of shares, doubling his holding, which cost him £245K!

Highly significant.

[jonnyno1] 26/10/2007 10:57

hi blowitall, what is currently happening is this share is the most undervalued smaller co. in the market , i have just added to my holding , its profitable defensive and had a buy back at c.280. more than a bit unloved.

[blowitall] 26/10/2007 10:51

Hi
I know I am being lazy but would anyone like to tell me whats currently happening at NCH. I had shares and sold out at 303p when the bid was going on in early 2006. I followed for a while and I seem to remember they lingered around the 220/250p range. I still think this industry and particularly NCH is a pretty good bet...is now the time to get back in?

In anticipation
Cheers

[cwa1] 26/10/2007 10:27

Cheers for that riv. Was wondering why we got a, welcome, modest uptick.

345p would certainly be a good start!!

[rivaldo] 26/10/2007 10:01

From Citywire today - 345p will do for starters!



"Charles Stanley reiterates buy NCipher with a 345p target"

[rivaldo] 21/10/2007 20:13

Ta mcel101, £100m for NCH would be a mere bagatelle for Microsoft...

FYI a new study here with NCH one of the (many) companies "mentioned throughout the study":



"Adoption of Outbound Content Compliance (OCC) Solutions, According to TheInfoPro (TIP)

© Business Wire 2005
01.10.2007 15:59:27"

"According to TIP's Wave 9 Information Security Study - which details technology adoption trends and timeframes, management techniques, and vendor performance data for the Information Security industry - 10% of F1000 organizations interviewed plan to install OCC solutions within the next six months and an additional 12% anticipate adopting these technologies by the third quarter of 2008. To meet their needs, the majority of organizations are turning to Vontu, which is the most frequently cited in use and in plan provider among interviewees. Fortune 1000 organizations mentioned Vontu as their provider more than twice as often as its closest competitor, Vericept. Other providers being considered include Websense, Verdasys, Tumbleweed, Cisco, Google, BorderWare and Microsoft.

"We have seen a recent shift in priorities where ensuring the security of an organization's critical data is top priority. Up until recently, the focus was on preventing breaches from the outside, but now there has been a growing concern to build up defenses from internal threats of data leakage," said Bill Trussell, TIP's Managing Director of Information Security Research. "As a result, there has been a significant increase in market demand to address infrastructure security from inside threats through technologies such as OCC. In fact, over 30 percent of the organizations we interviewed stated that they plan to spend more on these solutions - indicating a strong market and a great opportunity for these providers.""

[rivaldo] 16/10/2007 09:42

Up for a second day - a frenzy of excitement here :o))

[rivaldo] 15/10/2007 19:41

...and some good publicity today:


Extracts:
"Long-term data-storage strategies

Author: Arif Mohamed
Posted: 12:58 15 Oct 2007
Organisations increasingly need to retain digital documents indefinitely for legal, administrative or historical purposes, and many IT managers are grappling with how to preserve electronic documents and information for 100 years or more.

Some of the issues they face include estimating the lifespan of storage materials, the potential obsolescence of file formats, backwards compatibility with applications and operating systems, and whether methods of tagging data will still work in the future."

Libraries, media firms, local government and insurers are among the organisations investigating the implications of long-term storage.

Case study: British Library"

"Technology obsolescence was a big problem, so the library pursued hardware and software platform independence as much as possible to hedge against it.

With a lack of publishing standards and a huge variety of formats being used, including Word, Excel, PDF and HTML, there is not a straightforward way to tackle this problem, apart from storing files in multiple formats.

The library chose an algorithm-based digital document signing system from nCipher. This provides a precise time stamp and an individual public key infrastructure-based signature for every item stored in the library.

The application, nCipher's Time Stamp Server, seals the digital file, storing it four times in multiple formats on different brands of storage to limit the chance of losing data.

By calculating an abstract numerical value based on the information stored, the nCipher system notifies the British Library every time an alteration is detected. This allows the library to find and reinstate the unaltered earlier version of the document in each instance.

The system also uses an external link to an official timing authority, so that when the value calculated matches the one originally entered, the library can say categorically that the item is the genuine article, and that it is exactly as it was when it was entered into the system: whether that was five minutes or 500 years ago."

[rivaldo] 15/10/2007 14:14

All quiet here with a small tick up. Still below the price of the recent large director purchases.

[cwa1] 27/9/2007 09:31

Thanks for that r. Interesting.

[philjeans] 20/9/2007 12:05

Well, he should know!

Still hugely undervalued.

[rivaldo] 20/9/2007 11:57

Wow. Even better, heavy director buying - a mere £245,000 of shares!



"nCipher plc (the 'Company') received notice today of the following change in the interests of its Directors in ordinary shares of 0.527p each (the 'Shares'):

On 19 September 2007 Robert Jeens, Chairman of nCipher plc, purchased 100,000
Shares at a price of 245 pence per share. Following this transaction Mr Jeens
holds a total of 200,099 Shares representing 1.2% of the Company's issued share
capital."

[rivaldo] 20/9/2007 10:52

NCH looking VERY keen to get its shares in at the moment - that makes 440,000 shares in two tranches:



"nCipher plc (the 'Company') received notice today of the following purchase of
its ordinary shares of 0.527p each (the 'Shares').

In accordance with the terms of The nCipher Employee Share Ownership Trust (the
'Trust'), RBC Trustees (Guernsey) Limited, in its capacity as trustee of the
Trust and for the purposes of the various share schemes established by the
Company and certain group companies, purchased 140,000 Shares at a price of 245
pence each on 19 September 2007.

Following this purchases the Trust holds a total of 854,911 Shares representing
5.09% of the Company's current issued share capital."

[rivaldo] 18/9/2007 15:15

B shares?

Legal & general have been buying, AXA top-slicing - and NCH have bought in 300,000 shares!

"nCipher plc (the "Company") received notice today of the following purchase of
its ordinary shares of 0.527p each (the "Shares").

In accordance with the terms of The nCipher Employee Share Ownership Trust (the
'Trust'), RBC Trustees (Guernsey) Limited, in its capacity as trustee of the
Trust and for the purposes of the various share schemes established by the
Company and certain group companies, purchased 300,000 Shares at a price of 239
pence each on 17 September 2007.

Following this purchases the Trust holds a total of 714,911 Shares representing
4.25% of the Company's current issued share capital.

Alex van Someren and Dr Nicko van Someren, as executive directors of the
Company, are potential beneficiaries under the Trust and are therefore deemed to be interested in these shares."

[gain] 18/9/2007 09:56

What is one supposed to do with the B shares my wife now realises she is entitled to? Help please!

[rivaldo] 16/9/2007 10:41

Just a note from a techie blog - good to see that a lot of this bloke's customers are going for NCH:



"Friday, September 14, 2007 8:42 AM
Some tips for storing your RMS keys on an NCipher security module
Quite a few of my customers have opted to use nCipher security modules for the storage of their RMS private keys, instead of centrally storing them in the RMS database.

The benefit of using one of these devices, is the extra security level it offers the protection of your RMS keys. The downside of doing this is that administration becomes a bit more difficult, in that you have to manually export the keys to each server that will be joining the RMS cluster, as compared to using the software based private keys, which are stored centrally in the SQL database, and automatically available for all joining clusters to discover. Still, the nCipher modules add extra layers of security, and since the point of RMS is to protect your intellectual property, it is not a bad idea to consider using this type of hardware storage to maximize the security of your RMS keys.

Sometimes when trying to get RMS to play well with the nCipher CSP, we run into problems that require some things to be done. Here are some random tips for getting RMS working with your nCipher modules......"

[philjeans] 14/9/2007 16:16

Yes - I think NCH is as far away from dodgy credit instruments as it's possible to be!

Through all the muck and bullets, it soldiers doggedly onwards.

[rivaldo] 12/9/2007 07:43

NCH webinar news:



"September 10, 2007 09:53 AM Eastern Daylight Time
nCipher Webinar "Deploying a Secure Enterprise Key Management System – Making It Work in Your Organization"
STONEHAM, Mass.--(BUSINESS WIRE)--nCipher (LSE:NCH):

What: Managing the keys that underpin encryption and authentication systems is at the heart of protecting sensitive data. But as these systems grow, so does their complexity. Attend this web seminar to learn how you can address these challenges. Hear Charles Kolodgy, a leading analyst at IDC, discuss market trends, identify attributes of an effective system, and articulate the value of making an enterprise key management strategy work for your organization.

When: Thursday, September 13, 2007 at 11am EDT (4pm BST)

Speaker: Charles Kolodgy, Research Director for IDC Security Products Service, will provide insight into the trends, value, and attributes associated with Enterprise Key Management. Mr. Kolodgy will also discuss the main considerations connected to the deployment of a key management project.

Mr. Kolodgy's perspective on security products and security markets was shaped during his 16 year career with the National Security Agency (NSA). Among his accomplishments are the codification of business processes under which commercial products were approved for government use.

Registration: The nCipher webinar is a 'must attend' event for professionals who need to learn about:

- Best practice solutions for deploying a key management strategy

- The market forces driving the usages of encryption

- The value of deploying a secure enterprise key management system"

[philjeans] 11/9/2007 11:14

I think the message is slowly sinking in - this is a great business in which to invest!

Some useful buying in recent days and confidence returning.