Accumuli Share Discussion Threads

[cheshire man] 14/10/2014 11:34

Took advantage myself :-)

[seans66] 14/10/2014 11:08

I have topped as well. 4th biggest holding for me but could not resist at these levels. Great little company in a massive growth market.

[rivaldo] 14/10/2014 11:04

Amazing :o))

I've topped up too - you can still currently buy some at 21.2p. I suspect they won't be at that price for long.

[wjccghcc] 14/10/2014 10:50

As have I.

[itchycrack] 14/10/2014 10:49

Someone just wants out for some reason, probably needs the cash, but as usual they do into a weak market so this is the reason for the adverse price move. I too have added on this drop.

[nigel_s] 14/10/2014 10:48

Just couldn't resist adding another 5000 @ 20p :)

[thepopeofchillitown] 14/10/2014 10:46

No idea Nigel but just added more!

[fizzypop] 14/10/2014 10:46

Divi payday tomorrow.

[aishah] 14/10/2014 10:41

Added signifcantly here today. Update a week ago all in line. dyor

[nigel_s] 14/10/2014 10:33

I know the markets in general are down, but why today's sudden sell off?

[fruitninja84] 14/10/2014 10:14

Well I just bought my first slug! Well timed buy or mad punt! Time will tell .

[seans66] 12/10/2014 19:53

Lots of articles about cyber crime / security in the press this weekend. ACM needs to exploit these PR opportunities.

[buffetteer] 08/10/2014 11:08

Rivaldo
Yes that means £35m sales i seem to remember from the agm.
Aslo ,what i liked was the main aim to improve the mix of business (recurring revenue and margin) rather than the sales number.

[3rd eye] 08/10/2014 10:53

33p target on these Finn i think.

[rivaldo] 08/10/2014 10:52

I like this part:

"our objective of becoming the UK’s leading independent specialist in IT Security and Risk Management"

Quite some way to go if that becomes the case.

[igoe104] 08/10/2014 07:47

Strong order intake at Accumuli.

[aa29] 07/10/2014 15:26

Adam, I agree it would have been nice to have a few more numbers in there.

We may hope that management expectations are higher than they've guided the broker but we still have to wait for the end of November to get more of a confirmation.

[adamb1978] 07/10/2014 12:49

Pleasing to see this. Given markets are somewhat turbulent at the moment and there are various profits warnings out there, its reassuring when a company you hold confirms trading is going well. Only minor grumble is that it would have been nice to have at least one figure relating to the P&L in there, whether that an absolute turnover figure for H1 or approx percentage growth on last year etc

[rivaldo] 07/10/2014 11:19

Finncap retain their 33p target:

"Accumuli*: Interim trading update (CORP)

Accumuli’s trading update highlights a strong second quarter for order intake, with notable wins including: sales of Accumuli’s proprietary DDAM technology to the US & UK operations of a global professional services organisation; Technology Solutions contract wins for two large financial institutions; and the securing of two, long-term, on-site, Professional Service engagements for the provision of IT Security consultants. Cross selling continues to generate additional revenue from existing clients, with the recent small acquisition (Armstrong Adams, noted at prelims) demonstrating £0.6m of sales to an existing Accumuli customer. Investment in the 24/7 operations centre, alongside growth in the professional services team, ensures capacity is available to deliver the ongoing opportunities for growth. Net cash of £3.6m (versus £3.6m at March FY14) prior to October payment of the £0.7m dividend, remains strong. Target 33p reiterated."

[cheshire man] 07/10/2014 08:07

Yes pleased with this update and happy to hold :-)

[masurenguy] 07/10/2014 08:03

Yep, a solid 'steady as she goes' update with the anticipation of both further organic progress and contribution from their recent acquisition.

[rivaldo] 07/10/2014 07:43

A pleasing trading update for H1 to 30/9, in line with expectations and "a strong period in terms of order intake":



- the recent acquisition is trading well
- net cash is strong at £3.6m despite investment in the business
- H2 trading continues in line with expectations

Good stuff.

[igoe104] 03/10/2014 08:32

Yep makes sense, but good to see little accumuli along side those billion cap companies.

[adamb1978] 03/10/2014 08:28

I think they're mentioned first because the companies are in alphabetical order

[igoe104] 01/10/2014 08:35

Big growth in the sector, good to see accumuli mentioned first.


The Cyber Security and Solutions report defines and segments the market in Europe with analysis and forecast of revenue. The European cyber security solutions and services market is estimated to grow from $25.04 billion in 2014 to $35.53 billion by 2019, at a CAGR of 7.20% from 2014 to 2019.

Key players in the Europe Cyber Security Market are Accumuli Security,Avecto Limited,Bitdefender,Cisco Systems,Sophos,Unisys,Ultra Electronics & others.