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SMRT Smartspace Software Plc

90.00
0.00 (0.00%)
07 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Smartspace Software Plc LSE:SMRT London Ordinary Share GB00BYWN0F98 ORD SHS 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 90.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Phone Comm Ex Radiotelephone 7.15M -2.74M -0.0946 -9.51 26.05M
Smartspace Software Plc is listed in the Phone Comm Ex Radiotelephone sector of the London Stock Exchange with ticker SMRT. The last closing price for Smartspace Software was 90p. Over the last year, Smartspace Software shares have traded in a share price range of 33.50p to 91.50p.

Smartspace Software currently has 28,941,234 shares in issue. The market capitalisation of Smartspace Software is £26.05 million. Smartspace Software has a price to earnings ratio (PE ratio) of -9.51.

Smartspace Software Share Discussion Threads

Showing 576 to 599 of 1975 messages
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DateSubjectAuthorDiscuss
01/2/2007
08:40
Garth, thanks, I'd a feeling we were only involved in a minor way, if at all.
bonty
31/1/2007
23:33
i'm glad to have been wrong! (somebody from on high certainly told the rail cos to sort it or else!)
rambutan2
31/1/2007
22:04
The important bit for us:

"Train operators also want the new gates to be dual-fitting, so that they accept both Oyster and the new ITSO smartcard used by rail passengers outside London."

garth
31/1/2007
21:56
Bonty,

PayPass was being trialed at the RBS HQ and Ecebs are partnering RBS on smartcards and transit and are equipped for EMV and electronic purse - but there is no indication that there is any PayPass-Ecebs involvement.

With the Barclaycard/Oyster tie up it might be possible that RBS might seek to add electronic purse functionality to some ITSO cards but who knows.

G.

garth
31/1/2007
17:44
Very long piece in tonight's London Evening Standard saying tht all rail companies serving London have agreed to introduce Oyster Cards. But there are no dates nor any other significant details.
awilson
31/1/2007
15:09
...and there goes today's 50k.
bonty
31/1/2007
07:55
Garth
Interesting, if clumsy, item on BBC News this am about the new PayPass system for contactless small purchases in shops. How involved are we in this? Does each PayPass reader have an ECEBS ISAM ?
B.

bonty
29/1/2007
18:20
I pointed to the background sell a week ago. Still ongoing.

spud

spud
29/1/2007
16:40
There was a placing of 25M shares in Dec '05 and a further issue of 28.3M in March '06 but I don't know who took them.
Possibly some of these are now being drip fed to the market.
In theory, there should be no notifiable (>3%) holders as no notifications appear to be on record.
However, this seems to be a voluntary function as omissions are endemic and nothing ever happens to correct them.

boadicea
29/1/2007
16:13
Seems to be a regular daily pattern going on of a few steady buys through the day and then a chunky sell of 50 or 100k at 3.625p towards the end of the day. Been going on for quite a while now. Anybody got a good explanation?
B.

bonty
27/1/2007
12:01
While we are at it, the Entitlement Card has continued its roll-out this month with Young People being added to the scheme. The item below talks about Novacroft but reference to the second piece offers confirmation that this is an ITSO project. Reference to SMRTs press releases confirm their involvement.

Go-live for Scottish National Entitlement Card for Young Persons
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Print article Email article to a friend This was published: 2007-01-10 08:10:00
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Following an official announcement from the Scottish Executive in November 2006, Novacroft, working with co-contractor ESP Systex, is providing the facilities and expertise to implement concessionary travel on Scotland's public transport for young residents across the country.

The National Entitlement Card for Young Persons was launched on 8th January 2007. It offers discounts for 11-26 year old residents on a number of restaurants and high street outlets and allows all 16–18 year olds concessionary travel on buses, rail and, where applicable, ferries. Full-time volunteers aged between 19 and 25 who meet the criteria for Project Scotland are also eligible for the benefits of the concessionary travel scheme.

All 16-18 year olds will be entitled to one-third off the adult single fare on scheduled local registered and long-distance bus services with the National Entitlement Card for Young Persons. Once updates to buses are complete, the smart card will act as an electronic card that will allow journeys to be accurately recorded. The card also provides access to discounted rail journeys, again at one-third of the usual adult rate, through provision of vouchers for the Scottish Youth Rail (SYR) card, and, where applicable, offers a number of free ferry travel vouchers.

The proven infrastructure used by Novacroft and ESP Systex to implement and manage the Scottish National Entitlement Card for elderly and disabled residents, and which has led to the successful issue of over 1 million cards so far, has also been employed for this new project. Novacroft's card management system, InNovator, is the central repository for applicant data.

At Novacroft, a contact centre will also be available to handle cardholder and other stakeholder enquiries – with the provision of dedicated consumer helplines for the 83% of local authorities that wish us to manage this, and a dedicated helpline for local authority staff themselves. SMS application status updates will also be implemented.

ESP Systex will process applications and print, encode, fulfil and distribute the cards, following application provision and submission via local authorities, who will validate forms, and will also have the facility to personally add applications directly into the online InNovator system, 24 hours a day.

Current estimates forecast 190,000 cards being issued in the first phase of the scheme, covering all young Scots currently eligible. Local authority services such as library and leisure access may be introduced to the card in the future.

Novacroft and ESP Systex will be working closely with the Scottish Executive, the Improvement Service and all 32 Scottish local authorities to ensure that the National Entitlement Card for Young Persons is a great success.


.............................

Scottish Executive to use ITSO compliant smart cards for concessionary travel


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Print article Email article to a friend This was published: 2005-11-24 06:50:00
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The Scottish Executive Improvement Service has awarded a contract for ITSO compliant smart cards, for concessionary travel on Scotland's public transport, to elderly and disabled citizens across Scotland. The cards will be provided under the Scottish Citizen's Voluntary Entitlement Card scheme.

The contract has been won by Novacroft, working with co-contractors ESP Systex.

The scheme will be implemented in April 2006 with Novacroft's card management system, Innovator, as the central repository for the citizen's account data. At Novacroft, a contact centre will also be available to handle cardholder and other stakeholder enquiries. Novacroft uses PRINCE2 methodologies, ISO 9001:2001 practices and total quality management principles to deliver similar services to large organisations including government bodies, passenger transport executives and local authorities.

The same principles will be used to support the Scottish Entitlement Card scheme. ESP Systex will process scheme application forms and print, encode, fulfil and distribute the smart cards. It is anticipated that up to 1,250,000 cards will be issued in the contract period and that other applications, such as education registration, cashless catering, access to leisure facilities and library membership will also reside on the card.

A spokesperson for the Scottish Executive said: "The National Citizen's entitlement card is a great example of modern and innovative use of technology which will result in making life easier for many people. The card will replace the hundreds of different card schemes used by councils and enable us to create a single, consistent, authority wide customer record - a citizen's account. This is a critical move if we want to succeed in developing joined up back office and frontline services. The Scottish Executive is pleased that ESP Systex and Novacroft will be assisting us in delivering these improvements."

Novacroft and ESP Systex will be working closely with the Improvement Service and the 32 Scottish local authorities to ensure that the Scottish Entitlement Card scheme is a resounding success.

Related links to this article:
Scottish Executive
Novacroft
ESP Systex


..............................................................

garth
27/1/2007
11:21
Got thinking this morning about the Scottish Entitlement card. This post hints at some of what I was thinking:

Posted: Fri, 07 Apr 2006 14:51:24 +0000 Post subject: ID cards in Scotland

--------------------------------------------------------------------------------

Following the thread in the Articles section about the man who wrongly received a Shetland "ID" card, I stumbled across details about the Scottish "National Entitlement Card".

Am I right in presuming these are the same cards? I haven't seen them mentioned much here - can any Scots here shed any light on them? From what I'm reading it looks very much like another softener to get people used to their lives being ruled by a single piece of plastic.

For example, in the FAQs on at the Edinburgh Council Website,

Quote:
The card carrier mentions the CHI number. What is this? What access will other people (eg NHS) have to my details?

In some cases, the Entitlement Card will include the CHI (Community Health Index) number, your unique reference number for the NHS in Scotland. Including this number on your card will make it easier for NHS staff to access the correct information in their own records when you seek treatment or care. This does not give NHS staff access to the details we hold about you.


Going back to travel concessions, from the Scottish Executive says,

Quote:
The [Scotland-wide concessionary travel] scheme will be included on the new National Entitlement Card, which is intended, over time, to allow members of the public to use an increasing number of public services through a single card.


Sounds like wearily familiar territory ... I presume, will the National Entitlement Card then be subsumed into the UK's NIR system?

Perhaps useful to note that ESP Systex, who are producing the cards, also produce London's Oyster cards: .

But hey ho, if we've got nothing to hide etc ... (*cough*)


................................

A toe in the bus door in 2006. What might it all mean by 2008/9?

If I take some profits in 2012 they might just buy me a ticket to ride integrated transport to the games I guess.....

DYOR.

G.

garth
26/1/2007
16:24
Spud
Now's as good a time as any, if I had any to spare this is where I'd put it.
B.

bonty
26/1/2007
16:21
Looking to add a further 450000k.

spud

PS There does appear to be a background seller in play.

spud
26/1/2007
12:49
Visa appoints managing director for UK division
25-Jan-07



Visa Europe has appointed José San-Juan as managing director of Visa UK. He replaces Colin Grannell, who took a Europe-wide marketing role two months ago.

San-Juan, who moves over from elsewhere in the European division, joins as Visa Europe announces its first range of "contactless" card deals. A number of UK banks are expected to launch contactless cards, which are "swiped" near special readers - for example Transport for London (TfL) Oyster cards, later this year.

The card payment services company has also teamed up with TfL and Barclaycard to provide an Oyster card, which doubles as a contactless debit and credit card. Visa says the agreement is the first step towards delivering a "cashless" Olympic Games in London in 2012.

San-Juan joins the UK arm after six years in roles across Visa Europe's business in Southern, Northern and Central Europe.

Grannell, as executive vice-president of partnership and marketing, is now responsible for Visa Europe's sponsorships and partnerships, particularly its Olympic properties in the lead-up to London 2012.

Rival Mastercard is also expected to launch contactless products this year. It carried out its first European trial of its PayPass system with Royal Bank of Scotland last summer (MW March 9, 2006).

Yesterday (Tuesday) Grannell announced Visa would continue to support the British Olympic Association (BOA) with a "substantial increase" in its financial backing. He says the brand is keen to assist British sport at all levels, from grassroots and youth sport through to elite performance.

garth
26/1/2007
11:05
Bonty,

I don't think it is your imagination. Earlier in the week I added volumes to the long term graph. There is a consistent block of volume in January. I feel that it is almost innevitable now that we will see a continuation of incremental rises. They could miss 2008 targets by 50% and still be valued at 3 times current market cap...... (ie 20 x profits of £1.5m = £30m market cap)

G.

garth
26/1/2007
10:15
Is it just my imagination or is there a bit more interest in this Co since Xmas? There seemes to be a steady trickle of buying going on (and the occasional sell into any rise). I certainly get the feeling that this will be a good year for SMRT, particularly as some of the threads start to join up.
I believe the new franchisee for the East Coast main line will have to be ITSO compliant, which will link London to Scotland in ITSO terms.

bonty
25/1/2007
15:12
Ram,

that is not necessarily bad news for Ecebs though. With the DfT stipulating ITSO compliant smart card ticketing on mainland rail networks Ecebs stand to gain through either route..... ITSO or Oyster makes little difference other than to egos, IMO (as I am sure Ken gains in no financial way from the success of Oyster ;0) )

G.

garth
25/1/2007
14:39
it's not looking good for the other train cos to take up the mayor's funding offer, which is just so typical of the whole stupid set up. chiltern has always moved on its own and is a smaller op than the others. unless they recieve some serious theats from high above i think the deadline will pass without any others joining. aimho
rambutan2
25/1/2007
14:17
WJ,

Agreed - the lack of detail in the results was mystifying. Perhaps they don't want to be pigeon-holed? That's an inadequate explanation though.

G.

garth
25/1/2007
13:02
But why didn't they even mention ITSO in the results? Seems a bit strange.
wjccghcc
25/1/2007
12:13
Based on 16,000 Oyster Card readers at present there should be an £800,000 - £1m contract for Ecebs at some point just for supply of ISAMS for the conversion process to ITSO..... Of course as Ken pushes for the globalization of the Oyster dream there should be a whole lot more Oyster/ITSO readers needed...

How the combined card works
The Oyster-enabled Barclaycard explained

Dave Friedlos, Computing 25 Jan 2007

Londoners will be able to use public transport and make low-value contactless payments with the same card as early as this summer.

1 New cards will have a dual interface chip to store data on traditional chip-and-PIN transactions and contactless payments, while a second chip stores Oyster pre-pay and travel card data.

2 Retailers will have to update Oyster readers or install new wave-and-pay systems to receive information. When the chip passes over a device it sends out radio waves to activate the card.

3 Oyster card information is transmitted from one of 16,000 readers to a network of more than 300 computers linked to a central system maintained by TranSys.

4 Financial data is transmitted from the retailer to Visa. It is then passed on to Barclaycard's central system, which manages account deficits.

garth
24/1/2007
22:55
re canada ie Martyn Cooper...
rambutan2
24/1/2007
08:57
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