Share Name Share Symbol Market Type Share ISIN Share Description
Blan Tech Grp LSE:BLTG London Ordinary Share GB00B06GNN57 ORD 2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.00p -9.21% 69.00p 68.00p 70.00p 69.00p 66.00p 66.00p 102,861 15:48:40
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 27.7 -1.7 -8.6 - 44.15

Blan Tech Grp Share Discussion Threads

Showing 551 to 575 of 575 messages
Chat Pages: 23  22  21  20  19  18  17  16  15  14  13  12  Older
DateSubjectAuthorDiscuss
19/1/2018
18:49
Had a look at the ED report. I see they have EBT pre SBP for this FY as falling from £3.1m to £2,6m this FY and £3.8m mainly due to a fall of ebitda in Erasure. Interesting they see 6.17 net cash position of £1.7b going to a net debt of £3.5b at 6.18 and £6.6m at 6.18- not sure why they see this increase; perhaps they do not believe that management will be able to get a handle on working capital or there will be big capex requirements-perhaps as a result of the new CEO. No surprise therefore that ED do not foresee dividends. PS excuse my ignorance what is SBP?
cerrito
19/1/2018
14:40
after today's update, new ED research note 'Getting back on its feet' just published with new forecasts and updated valuation. Freely accessible here: https://www.equitydevelopment.co.uk/company/?company=Blancco+Technology+Group&c=ygDO
edmonda
19/1/2018
13:16
A rather confusing RNS and to be honest was not expecting it as they had told us in the pre Christmas AGM that the reason that no AGM trading statement had been made was that they had made one in November and we have had few proper business days since then. I note the distinction they made between guidance and expectations. Management would argue this confusion reflects the confusion in the underlying business. My reading of them is that they are straight and not trying to unnecessarily confuse us. Read their comments on cash carefully; at June 30 they had £2.5m available under the bank facility. Note pre tax and interest they are cash flow positive. We do not know borrowing rate of bank facility but let us say 4.5% ie interest at £10m borrowings would e £450k pa. I would have thought that with all the losses there would be no tax payable; I see that at 6.17 there was a £1.4m tax liability which I assume has been made. Note comments on SGA expenses and see that Herrick flagged tis up in the November webinar. Surprised share price fell so much this morning…perhaps Forager will be further increasing their stake. Toyed with buying more but was a bit slow going this morning but those who bought first thing should do well. Very irritating do not spell out guidance range..will see if I can get it out of them
cerrito
19/1/2018
12:38
Cash-flow positive and mobile erasure growing strongly. Not without its risks, but considerable upside potential. No real surprises in this statement, IMO. GDPR. DYOR G.
garth
19/1/2018
11:13
I'm keeping faith here as new mgmt cleans things up. EU regs later this year should be a kicker imo.
aishah
19/1/2018
10:31
Peel Hunt reiterates 126p target price
mfhmfh
19/1/2018
10:02
Surprised the share price has held up as well as it has. Could have seen it drop below 50p on that update. May well do in coming days.
b3842517
19/1/2018
10:00
No recovery here it seems
its the oxman
19/1/2018
09:58
I bet your not so happy now or maybe you see this as a buying opportunity
ch1ck
12/1/2018
15:47
UP on bid Last statement was v good Very happy to be able to buy at this price GARP Growth at attractive price
larva
12/1/2018
15:35
ShareSoc Requests Investigation into the Affairs of Blancco Technology (LON:BLTG) hTTps://www.sharesoc.org/sharesoc-news/sharesoc-requests-investigation-affairs-blancco-technology-group/ If you are an affected shareholder or interested in more news on our campaign, please register your interest in our campaign here: hTTps://www.sharesoc.org/campaigns/blancco/
sharesoc
11/1/2018
10:59
UP on bid Last statement was v good
larva
08/1/2018
12:05
Take off time!!!
albanyvillas
04/1/2018
09:06
Nice buy last night after market close
albanyvillas
03/1/2018
15:57
Yup. Just patiently waiting next numbers. And for the crowd to catch onto the GDPR implications for the business. G.
garth
03/1/2018
15:50
anyone for Blanco
opodio
23/12/2017
14:50
There is a detailed report on Blancco's recent AGM which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ and a blog post on the AGM available to all at: hTTps://www.sharesoc.org/blog/company-news/lse-general-meeting-blancco-agm/ To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/
sharesoc
22/12/2017
23:00
Data erasure is big business. If this BOD can get it right we've got a good future here imo.
aishah
22/12/2017
21:08
Cerrito, Thanks for taking the time to post. Blancco is in limboland for the moment, but might be worth revisiting in the future.
eagle eye
22/12/2017
19:31
A rather delayed AGM report. For me a good AGM. 8 or so private investors ie enough. The board was welcoming and the whole thing took about 75 minutes I first bought shares this year so while nursing a loss I am more focused on the present and future than the past The Chairman came across to me as thoughtful cautious and more diffident than I had expected. I had never heard of him-never had reason to look at STV where I see from the following he seems to have had a successful time. hxxp://www.insider.co.uk/special-reports/insider-big-profile-blast-past-10730826. My reading is that the Board is much stronger than your average AIM company with a marcap of £46m. Chairman recognized need to rebuild trust with stakeholders-I understand less of a problem with clients. All resolutions easily passed. Basically 32m voted in favour; againsts were minimal and M&G the largest shareholder withheld votes on their 11m holding equal to 17.66%. 70% of votes cast- a large percentage for an AIM company and indicates shareholder engagement. The M&G position is worrisome as heaven only knows what would happen to the share price if they reduced given that a 40k share volume is a busy day- let’s hope they are waiting for the new CEO. In the formal AGM, discussion of chasing old management team(nothing will happen but remember previous CEO left without compensation and there were no claw back provisions in his remuneration package); change of auditors-the party line is that they are leaving KPMG not because KPMG failed to check the management overrides but rather as they have been the auditor for a long time, the KPMG account managers were moving on and high balance of non audit fees, PWC are new auditors; and revenue recognition. Other Matters covered in short statement from Herrick and in Q&A included There was no AGM trading statement as no change since the last one a few weeks back. Asked about whether appropriate to have £ as the reporting currency said-correctly in my view- they have other things on their mind. I was pleased to hear Herrick coming out forcefully to say they had enough cash on the short/ medium term. I had been a bit apprehensive on this front as they had just £2.5m of undrawn facilities at the end of June and had the big July tax payment. The only scenario where they see the need for a fund raising is if the new CEO comes up with a new strategy approved by the Board. There are 260 people worldwide with 15 in the UK HQ in Huntington where the Central Group Finance function is. The management team assembled by Clawson and presented at the big presentation earlier in the year have largely gone. No bad thing as the structure was too big for a company of BLTG's size-for example there was a separate marketing and sales department. Some modest senior management recruitment will need to be done by new CEO. New global head of sales has been in post for about three months ex head of sales for Europe and Asia and had 18 months with the company. No hint given on when they expect to announce the new CEO but we were told the search was going well.. Likely to be on the US given that the pool of talent is so much greater there. Till he/she appointed Herrick's focus is keeping the show on the road and keep things stable; there will be no strategic initiatives. Herrick confirmed he was remaining until the new CEO comes and it will be then decided if he comes a permanent CFO. Woodward had no plans to leave; the body language of the Board at the meeting seemed good and no evidence of tensions. Note only one-Skelton- seems to have relevant industry experience and he is US based. I did not get the chance to speak to him. I understand no plans for more NED's. I was not the only shareholder to be concerned as to how you can control this geographically far flung operation..I suppose the nature of the beast. Herrick emphasized the work that had been done to ensure that the revenues as at 30.6.17 were solid; 97 % of the accounts as at 6.17 had been collected in cash by early November. Told they had one accounting system used throughout the world based in Huntingdon but did not establish if this was new. The new CEO will need to establish priorities and establish and agree with the Board a new strategy as well as show appropriate leadership qualities and be able to scale the business. Experience of being CEO of a listed company not important. Unanswered questions No discussion on likely capex requirements this year and next-up from £2.4m to £3.5m last year. Why all borrowings £ denominated. How personnel morale is in Atlanta, Finland and India and how can they retain middle management with all the changes, No discussion on retention and renewal rates. Dividend restoration- although that would not have been a productive question to ask. Conclusion Good news is that have cash for medium term; are in a hot spot; have a good and stable board. Not so good news is they are in a vacuum until CEO comes along and agrees with the Board a strategy and then executes it. Also unclear how the acting CEO can motivate the troops who while if not exactly marching on the spot have no direction. The next bits of hard news will be CEO appointment and the Interims-I suppose early March. Key question One thing I do not understand is if the company's technology is so good and unique in a fast growing market as they say and given that the share price has been trashed because of poor management why has it not been taken over- especially if as per above largest shareholder has doubts. Appreciate people's views on this.
cerrito
01/12/2017
06:22
Blancco Technology Group (BLTG) reveals findings on iOS - Android smartphones' battle http://crweworld.com/article/news-provided-by-pr-newswire/186346/apples-iphones-prevail-over-android-in-smartphone-performance-battle
arnu gutierrez
24/11/2017
09:46
Keep on trucking
vatpaul
23/11/2017
10:25
extra paid to sellers
vatpaul
23/11/2017
08:52
BLTG off to races
vatpaul
22/11/2017
18:02
Rivaldo on the NCC site published today some FT articles on GDPR commenting on the amount of work taking place on this; I am involved with a large organization where the Chief Lawyer is driving lot of Senior Management Time on this. Thus surprising that in the webinar the CEO appeared rather out to lunch. Possible that they do not have products that address this issue. The AR report may throw more light on this when published; the prelims just had two passing references.
cerrito
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