Smartspace Software Share Discussion Threads

[bonty] 27/3/2006 10:09

Well it's budged now, but not the way we expected - baffling - how can they drop the price when there have been almost nothing but buys, and some pretty hefty ones at that, for the past few weeks?
Maybe they're letting someone in cheap??

[garth] 24/3/2006 15:05

There were some significant volumes prior to the placing and one is left wondering just how many sellers at 3.5/buyers at 3 there were..... Not that I'm in the least bit cynical ;0)


It is certainly surprising that the share price has not budged at all.

[archa] 24/3/2006 14:47

Since the RNS dated 17th March was issued, 16.5 million shares have been traded, of which over 15.0m have been purchases. Given that 28.3m were issued in the last placing and 25.0m in the December placing, the recent trading pattern shows an exceptionally high percentage of demand for the shares of a very small company. Does this not mean that the share price must very soon reflect this demand or might the supply be coming from those who were holders of the shares prior to the first placing, (i.e. December 2005)?

Arch

[colsmith] 24/3/2006 10:45

Guys, sort of realted to garths post M45 as its all about interoperabilty.

Clealry the world of smartcards is all about standards to ensure interoperabilty between cards developed by different companies and terminals developed by different companies - it must be an open world. Having said that there will almost certainly be bespoke standards such as ITSO (country specific) so from a developers viewpoint the abilty to support Internatinal and I guess proprietary or country specific standards is crucial. This needs a flexible software structure to preclude complete re design for differenet environments; and a product that is based on International Standrds. Seems from this Janb2006 news that ecebs is well placed in this context. Interesitng as it refers to accredition by the French, who have for many years into the use of computer based cards unlike the UK swipe cards only now moving to computer based.

------------
EXTRACT

"To achieve this certification Ecebs Research and Development offices and procedures also had to pass a stringent security audit by the French Government. "We know of no other UK independent smartcard software developer to have met this standard"."

[awilson] 24/3/2006 10:21

G.
Thanks for the info - much appreciated.
I have just topped up again but the bargain has not been notified on Trades - is this a general experience?

[garth] 24/3/2006 09:57

OK, here you go:

Outlines a number of different options - makes it clear though that it eventually needs to incorporate ITSO

"Smartcard Routemap for London authorities"



"Local government needs to be able to adopt ITSO at some stage, maybe alongside Oyster"

G.

[garth] 24/3/2006 09:38

AWilson,

Thanks for your post. Its been a busy week so I haven't really been posting much and haven't managed to grab any time for research.

I think the question may be what happens when ITSO squares up to KL's ego.... Clearly he has something at stake in Oyster. But the pilots are running to make the two interoperable. The Government are going to want a coherent interoperable system in place in time for 2012.....

I read a document that outlined an interim measure suggested by TfL incorporating mifare. Ecebs have mifare compliance built into Multefile (have a look on their site) so that might be an interesting half-way step into ITSO?

I'll dig it out when I get a moment.

I'm no expert here - just digging for pieces and putting it together.

G.

[Abuse team] 23/3/2006 18:43

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[bonty] 23/3/2006 18:43

There we go again. £250k buy gone through at the close.
Anyone know who's buying?
B.

[archa] 23/3/2006 15:42

Brief but positive note about SMRT in this week's Shares magazine, based around the company's recent share placing.

Arch

[colsmith] 23/3/2006 10:06

AW - its an opportunity as their product can support this. I guess as garth highlighted if they get a contract here it will be fiscaly very significant for the company. And even better if whole network - still early days though.

[awilson] 22/3/2006 20:10

There is an interesting story in tonight's London Evening Standard (P2).
Transport secretary Alistair Darling has ordered the successful bidder for the South West Trains franchise "to install a touch-card system" as a condition of the contract.
"The move sets the precedent for other franchises when theycome up for renewal, including Great Western and Thameslink, and is a major victory for Mayor Ken Livingstone who wants operators to incorporate the card."
This is apparently part of Darling's policy of expanding the Oyster Card to the national rail network.
I do not know how this will affect SMRT- perhaps those with technical knowedge can help.

[bonty] 22/3/2006 17:47

Bit of a large buy gone through at the close today, or what?!
I'm thinking it's about time for a little tick upwards in the share price
Any thoughts?

[colsmith] 22/3/2006 16:08

A700 - yes been in and out and currently in - SGX looks interesting and lead in DAB and multi standard TV etc products.

Noted most days buys on this and popped in for a few myself the other day. With all the ID issues and effcienty gains (transport linkage etc)now on the screens of politicians transport execs etc seems a good time to consider smart cards and product tracking technology as a market to start moving. Japaense have have the sort of cards Advanced are able to provide for some time - the walk thru underground ticket styles with cards still in the wallet. And if it all goes into mobile phones (Japan moved to thi already) again the Advnaced software can be instaled there - so cards or phones their product can be used where the market wants and with a turnkey product as they can provide the terminals for detection and software upgrades. All looks as though they have a good positon in what seems likely over the next few years as a big to huge market.

[a7009090] 22/3/2006 11:29

Colsmith: (off message) I seem to remember you having interesting thoughts on IMG a couple of years ago, any current thoughts in brief? Still a holder?

[Abuse team] 21/3/2006 00:01

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[garth] 20/3/2006 12:08

As flagged up in last week's RNS on the oversubscribed fundraising:

ITI Techmedia anti-counterfeiting machine readable tags:

Est US $820 million market by 2010, ECEBS contributing to consortium

[cyberdyme] 20/3/2006 09:59

Yes I did like the RNS, the bit about look forward to updating shareholders
on our continued progress soon (soon is usally weeks imho).
When is the next key financial date.

[garth] 20/3/2006 07:37

Cyberdyme,

Pleasure. When you say that they provide a total solution - the provide software that allows a vendor (such as the Scottish Executive) to issue Smartcards and then over time approached a whole range of other parties to add services to those cards. Ecebs in that case are facilitating a complete solution..... Mrs Tubbs in the school office could use the software to manege free schoolmeals, set up an incentive scheme etc... and she can have control.

Did you see the last RNS?

G.

[cyberdyme] 20/3/2006 06:52

garth many thanks for the answers...

[Abuse team] 19/3/2006 20:24

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[garth] 19/3/2006 20:22

The operating system is standard. Ecebs provide Middleware that allows anyone with even a basic knowledge to then add, alter or remove applications after issue. I guess it is the same as anything - if somebody wants to they can develop something comparable. But Multefile seems to be groundbreaking. And ITSO is one application that ALREADY has the software and is only going to grow in its adoption. So thats a winner :0)

[cyberdyme] 19/3/2006 11:08

Guys,

What is the competition in this market, who is market leader etc.

My understanding is SMRT develop smartcards that can be reprogrammed, they
provide the total solution, but what stops say another software house
producing an alternative solution, as the smartcards seems to conform
to known standards.

[garth] 18/3/2006 11:26

Blueliner,

Thanks. I missed that altogether! Busy day yesterday...

The other thread was intended as the main thread - and has most of the background information. This one was started with the intention of possibly catching the eye. I was getting lonely! The header information is different - providing a bit of the investment case.

G.

[blueliner] 17/3/2006 20:15

Where is everybody? groundbreaking news I would have thought


how many threads are you creating garth?