Arcontech Share Discussion Threads

[induna123] 08/3/2011 12:17

Some buying activity over the last couple of days. is it due another run up?

[sjcsystems] 02/3/2011 18:05

That's what you get when you rely on open source: no one can really support it.

[jonno1] 25/2/2011 11:33

so this has been going on for at least 10 days...aren't these Linux experts?

[jonno1] 17/2/2011 10:53

hope it isn't ARc's then although I see trades @0.21 $ 0.22 this morning

[steelwatch] 16/2/2011 22:49

I see the LSE Linux system is having problems:


Please respect FT.com's ts&cs and copyright policy which allow you to: share links; copy content for personal use; & redistribute limited extracts. Email [e-mail] to buy additional rights or use this link to reference the article -

Designed to reduce trading latency and reduce costs, the MillenniumIT system uses off-the-shelf hardware running the Linux operating system. It replaced the Microsoft-based TradElect platform, which was reportedly the source of several outages including a failure in 2008 that wiped out nearly a whole day's trading

[sjcsystems] 01/2/2011 13:08

Interesting feedback there: for my part, having worked with the person concerned, I can assure you that he is one of the very best .Net developers in London and any such rumour is total nonsense.
No one in their right mind is going to use Linux in a financial environment, but let's park that argument. The point is that Arcontech launched this 4/5 months ago and have not announced any sales emanating from this development. Rather than promote their CFD and spread betting platform, they continue to develop their CityVision product line in the hope of further sales. What's next, the Mac version ? Or for those who remember it: you can run a nuclear power station on a ZX81, coming soon is Cityvision for the QL...

[isitkt] 01/2/2011 12:26

Interesting comments here.
I heard 'on the vine' that clients felt the developer sjc mentions had been underperforming for some time and left when a management review and new staff made this rather obvious.
The significance of Linux should not be underestimated, either. RedHat is not generally regarded as 'open source' and it is reported that many firms, including major investment banks, favour or even insist on Linux.

[sjcsystems] 31/1/2011 23:02

Well George, please don't hold your breath. Some of us long term holders of this have been waiting since 2008 for these promised sales and we have seen scant evidence of anything new. I note no mention of the sales emanating from the Cityvision port to Linux, and this press release is yet another bit of padding and hot air. There's nothing here that is going to generate much if any revenue.

You may also like to know that Arcontech have recently lost one of their most senior developers to Sungard which will considerably weaken their team. He left with no job to go to, which speaks volumes.

[george57] 24/1/2011 10:29

Number 2 on the gainers list, and ARC is still well off the radar of potential investors.

The spread isn't helping of course, you can buy at around the 0.29p mark, so it is slightly better than what it looks, just 3 trades so far today.

Things could be dropping into place, a contract is whats needed here of course, once the first one comes in there will be others, and that will make a mockery of current share price

[george57] 24/1/2011 08:34

Morning steelwatch,

I agree contract news has been sparce, but todays RNS is certainly another string to ARCs bow, still a punt, but contract announcements may not be too far away imo.

Certainly if last Octobers RNS is to be taken at face value, that is the opinion I have drawn.

We will see in time no doubt..

[steelwatch] 24/1/2011 08:18

George - still waiting for the eventual payoff promised here on 28/11/2008:



Richard Last, Chairman of Knowledge Technology Solutions, said:

"It should not be underestimated the amount of management time and energy that has needed to be dedicated to dealing with the cessation of the MarketTerminal business and its ultimate sale. As a result it has not been possible to apply sufficient resources (mainly management time) to realising the many opportunities presented by the Arcontech business. This has now been rectified and already we are seeing notable increase in sales prospects and opportunities, some of which we are hopeful will result in orders in the near future.

The general level of uncertainty in the UK financial markets means the precise timing of such orders is even more difficult to predict. We view the future with renewed optimism and believe we have created a stronger platform for growth."

[sjcsystems] 18/1/2011 14:29

Hello George
I'm not deramping, much the opposite in fact, unless you classify being more circumspect in that way.

Arcontech can claim all they want about this Linux version of their software, but it was developed with no promise of revenue from it. And let's be realistic, who in their right mind is going to implement a market data platform on open source ? You don't bet the crown jewels on open source.

There are an awful lot of people who are so far behind with ARC that they have been lapped over and over...glad you're in front, but no news is bad news as far as this equity is concerned.

[george57] 17/1/2011 12:00

By all these new faces I suppose you mean me sjc, I have taken a punt here as I have said before, and I am in fact well in front.

Simply saying that repeating an official RNS from October is irrelevant is in my opinion deramping by yourself.

I have read the RNS and it is very clear in what it says about contracts. I suggest you may want to read it again.

Andrew Miller added: "We're seeing strong interest in Linux deployments with
several new contracts dependent on its availability. This is another example of
us staying ahead of the competition in terms of features, reliability,
availability and flexibility."

[sjcsystems] 17/1/2011 11:51

Isn't it nice to see all these new faces on this thread...

Pity they don't understand what Arcontech do. Repeating a news story from October is irrelevant. The bottom line is that this Linux version has been developed with no revenue stream announced, sounds like development for developments sake.

[george57] 17/1/2011 10:56

A few modest buys are appearing, ARCs spread has eased considerably, you can buy at around 0.27p now and sell at 0.245p.

The bid price has been increasing this morning, I do feel we are not far away from news regarding those trials announced in October.

Any sort of good news from ARC and the current share price will look very cheap..

Still a gamble though, but the recent tick ups are suggesting to me that we could be in for a very good announcement.

DYOR

[george57] 17/1/2011 09:15

Very interesting early trading here, marked up on the ask before opening bell suggesting there is either news coming or a big buy to fill, there was a 10m late sell declared Friday, I wonder if that was an overhang cleared?

Can't buy at under 0.29p, sell what you like..

[steelwatch] 14/1/2011 16:28

George - let's hope you're right, though I suspect this is just a second bite of the cherry coming. We'll see.

[george57] 14/1/2011 16:25

Another 2.5m buy gone in, I still maintain someone is building a stake here. Looking like next week could be really interesting..

[george57] 14/1/2011 15:06

Steady buying throughout the day, all modest stuff, but buying none the less.

[george57] 14/1/2011 09:33

Morning steelwatch,

A bit of interest again today with 2 x 1m early buys.

[george57] 13/1/2011 15:28

If the trials are unsuccessful, I don't think ARC will go out of business steelwatch, but I don't think it will help the share price much.

There is a great deal of positivity in the RNS, and I'm a glass is half full kind of person.

Its all a gamble on the AIM market, but this is a more calculated gamble.

[steelwatch] 13/1/2011 14:05

If not, what?