Accumuli Share Discussion Threads

[fizzypop] 29/9/2014 11:25

Thx V11SLR you are indeed correct.

[v11slr] 29/9/2014 11:17

No, ex-dividend on Wednesday.

[fizzypop] 29/9/2014 09:56

Ex-divi today. Payment 15 Oct.

[hastings] 27/9/2014 16:12

And good to see that Accumuli was very quick off the blocks with "shellshock"

[rivaldo] 27/9/2014 07:59

One of ACM's longest partners, Fortinet, has been named "as the overall leader in the UTM Magic Quadrant":



"For the 6th consecutive year, Gartner has positioned Fortinet as the overall leader in the UTM Magic Quadrant. Gartner evaluated FortiGate Connected UTM and concluded it is the ideal solution for SMB and Distributed Enterprise.

According to Gartner, “The Leaders quadrant contains vendors at the forefront of making and selling UTM products” and “Vendors in this quadrant lead the market in offering new safeguarding features, and in enabling customers to deploy them inexpensively without significantly affecting the end-user experience or increasing staffing burdens.”

John Green, the Business and Technology Development director of Accumuli says, “This recognition underpins Fortinet’s focus on robust technology and acknowledges its commitment to channel and MSSP partners, backed by the award-winning FortiGuard Labs Threat Research team."

[itchycrack] 26/9/2014 12:15

Plenty of support at this level, a good entry point for next move north IMHO.
Added a few more this morning.

[masurenguy] 26/9/2014 10:47

Shareprice at 27p was up 80% over the past year. After such a stellar increase you will always get some profit takers on any sign of general market weakness.

[igoe104] 26/9/2014 10:40

Some folks are hard to please ?

Growing company in a rapidly growing sector, with a rapidly growing
client list.

[rivaldo] 24/9/2014 10:00

Exactly.

Finncap today reiterate their Buy and 33p target:

"Accumuli*: AGM statement on track (CORP)

Accumuli’s AGM statement identifies trading in line with unchanged expectations, with successful results from the focus on sales to existing customers. Further initiatives include a Strategic Partner Development Director, enhancement of the proprietary DDAM software solution in response to customer-led development requirements, ongoing development of the managed two factor authentication solution to include proprietary cloud functionality, and investment in the 24/7 security operations centre. We look forward to end-November interims for the period to 30 September. Target 33p reiterated."

[aa29] 24/9/2014 08:39

and hopefully management's expectations are higher than the indications they'll have provided for the analyst forecast.

[qs99] 24/9/2014 07:35

Yup, sounds good....

[rivaldo] 24/9/2014 07:18

A good AGM statement just out which is basically an H1 trading statement to 30/9 - trading is nicely in line and everything tickety-boo:



""The Group has continued to make good progress through the first part of the current financial year. Trading results are in line with management's expectations.

etc"

[rivaldo] 15/9/2014 14:17

Techinvest have just made their July issue available online, so it might interest some to see their review of the results. Nice conclusion...

"Accumuli (ACM; AIM) # 27.625p

Revenue for the year ended 31 March 2014 rose 18% to £16.6m compared with FY2013. Gross profit jumped 32% to £9.9m and gross margin was 60% (2013: 53%). The increase was a result of contributions from acquisitions (which contributed 29% of gross profit) and the decision to focus on higher margin services rather than technology solution sales.

Group EBITDA (which excludes separately identifiable costs such as acquisition, reorganisation and one off items) was up 32% to £2.9m. The costs of the “buy and build strategy” impacted the bottom line and pre tax losses were £0.9m (2013: £0.3m). However, amortisation, which was almost entirely related to acquisition activity, amounted to £1.9m of non-cash related impact. Loss per
share was 0.50p (2013: 0.18p earnings).

Cash generation from operations rose 50% to £3.6m and Accumuli converted 100%
(2013: 81%) of EBITDA to cash. Cash at bank ended the period at £3.6m (2.2p per share).

The year included the acquisition of Signify Solutions, a provider of managed service twofactor authentication, and Eqalis, the leading partner in the UK for Nasdaq-listed Big Data specialist Splunk. The acquisitions significantly added to the customer base and to the strength and breadth of Accumuli’s offering. The final quarter was the largest in a thirteen year history for Signify and also saw record sales of the Big Data platform from Eqalis. Further potential acquisition targets are being considered.

The Company now counts more than 700 customers, up from around 300 at the same
time last year. Around 85% of the customer base take only one product from Accumuli’s portfolio. Since it costs around five times more to acquire new customers than to keep existing ones, the Company intends to concentrate on selling a wider range of solutions to existing clients. In the future, it
expects 80% of revenue will come from just 20% of customers.

Accumuli has built a widely respected and award winning business in just three and a half years – a period which included six acquisitions and one disposal. It is still early days and, with the IT security market expanding exponentially, Accumuli is superbly placed for further growth. Add."

[igoe104] 09/9/2014 11:00

I suppose it worked out for well ACM, which ever way you look at it because with her dipping her hands in the till it would make the company look cheaper than what it first appears .

[sharw] 09/9/2014 10:54

Story re Boxing Orange financial controller here:

[aishah] 08/9/2014 19:08

Nasdaq:VDSI now on a very sharp bull run:

It doesn’t take private photos of Jennifer Lawrence being leaked on the internet for the public to recognize the need for cyber security. Each day more and more data is transferred between consumers and businesses alike via the internet. Keeping this information private between parties is paramount in many cases. Sometimes though, that data enters the wrong hands and it can be very damaging. Today’s Bull of the Day is a company that seeks to minimize data theft by advancing their authentication technologies.

VASCO (NASDAQ:VDSI) is a global leader in strong authentication, digital signatures, and identity management solutions specializing in securing financial transactions and protecting access to data and applications. The company was listed on the NASDAQ in 1997 and is a leader in Gartner Magic Quadrant for user authentication. This growth company had a 21% CAGR in revenues from 2003 to 2013 and has been on a streak of 46 consecutive quarters of profitability.



Bought in Feb @$6.77. Now $17+

We're in good shape here too imo.

[cheshire man] 08/9/2014 18:30

Encouraging bit of news at the end of that after hours announcement

"Accumuli remains extremely satisfied with the performance of the Boxing Orange assets, which have significantly exceeded expectations since acquisition".

[itchycrack] 05/9/2014 15:10

Certainly is, added more yesterday, can see 35p in the coming weeks IMHO.

[igoe104] 05/9/2014 12:41

Starting to look good, this is certainly a share I`m willing to hold for several years. I expecting big profits from this share especially the market place they are in. (six figure profits)

[rivaldo] 03/9/2014 10:18

A brief mention in the latest Private Punter column - timely in view of yesterday's scary stories in the media about leaks from the "Cloud":



"ONE TO WATCH

Accumuli, the IT security company that purchased Histon-based Signify has perked up of late. The shares had been flat-lining for a while, but have now moved up to 28p on the back of increasing concerns regarding cyber threats."

[rivaldo] 02/9/2014 09:22

Good to return from hols to such strength here.

One piece of news from the web site which hasn't been posted - remember that Fortinet are a major partner of ACM's, as outlined here:



Here's the news:

"Fortinet named a Leader in Gartner 2014 Magic Quadrant for Unified Threat Management (UTM)

Thursday 7th August 2014

For the 6th consecutive year, Gartner has positioned Fortinet as the overall leader in the UTM Magic Quadrant. Gartner evaluated FortiGate Connected UTM and concluded it is the ideal solution for SMB and Distributed Enterprise.

According to Gartner, “The Leaders quadrant contains vendors at the forefront of making and selling UTM products” and “Vendors in this quadrant lead the market in offering new safeguarding features, and in enabling customers to deploy them inexpensively without significantly affecting the end-user experience or increasing staffing burdens.”

John Green, the Business and Technology Development director of Accumuli says, “This recognition underpins Fortinet’s focus on robust technology and acknowledges its commitment to channel and MSSP partners, backed by the award-winning FortiGuard Labs Threat Research team."

[red army] 01/9/2014 12:16

NEEDS TO CLOSE ABOVE 29p

[boadicea] 01/9/2014 08:21

Pleasing strength in the past week or so in the face of a rather hesitant small cap market background.
Heading for a new high?