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Share Name Share Symbol Market Type Share ISIN Share Description
Blancco Technology Group Plc 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
  0.00 0.0% 245.00 240.00 250.00 245.00 245.00 245.00 5,490 08:00:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 33.4 -0.2 1.6 153.1 185

Blancco Technology Share Discussion Threads

Showing 276 to 299 of 725 messages
Chat Pages: Latest  17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
31/1/2017
19:56
Thanks tournesol, that would be very helpful
nfs
31/1/2017
18:33
I attended a presentation by Blancco to investors today at the Growth & Innovation Forum organised by Shares & Cenkos at the Business Design Centre Islington. I attended specifically to attend this presentation because I'm interested in the potential of this co. I have a small holding at present and want to assess the case for increasing my stake. Presentation was given by the CFO who did his best but is not a technical man and has been at Blancco only a few months. So to really understand the business it 's going to be necessary to dig deeper. I'd expect the presentation material to be available on the Blancco website and that's the place to start. If I get time I'll write up what I find.
tournesol
31/1/2017
10:19
Peel Hunt reiterate their Buy and 340p target: Http://dailyquint.com/2017-01-27-peel-hunt-reaffirms-buy-rating-for-blancco-technology-group-plc-rgs/ And Panmure Gordon reiterate their Buy and 326p target: Http://dailyquint.com/2017-01-27-peel-hunt-reaffirms-buy-rating-for-blancco-technology-group-plc-rgs/ Tips on cybersecurity from BLTG: Https://www.scmagazine.com/tips-on-keeping-data-private-in-a-connected-world/article/634134/
rivaldo
25/1/2017
15:17
This market is not afraid to give ratings of 50-60x for some high growth quality stocks..just look at G4M ! Maybe,just maybe, we might get similiar rating here down the road :o)
nurdin
25/1/2017
12:28
Clear and clever strategy imho - dispose of the low margin, declining and labour-intensive repair business for a terrific price, and specialise in software and IP-heavy, high margin data erasure and diagnostics (NOT repairs), which meshes with the data erasure side and which can both be carried out in one package.
rivaldo
25/1/2017
11:47
This feels like a confused strategic story..........they dispose of the repairs business and set their stall out as a company providing technology to help protect privacy and now they are back at the diagnostic and repair end.
strange1
25/1/2017
11:22
Peel Hunt say Buy and have a 340p target: Https://www.mareainformativa.com/blancco-technology-group-plc-rgs-stock-rating-reaffirmed-by-peel-hunt/98652/ And Panmure Gordon also say Buy with a 326p target: Http://dailyquint.com/2017-01-24-panmure-gordon-reiterates-buy-rating-for-blancco-technology-group-plc-bltg/ Davebowler, ED have only just lifted their target price to 275p (from 255p) - your link is 10 months old and completely out of date. Probably best to remove /edit your post. Here's the current report: Https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DQM1IjM
rivaldo
25/1/2017
11:00
Equity Development; Blancco is the world's leading global developer of 'data erasure' software, used to protect governments & corporates from ID/data theft and cyber-crime, along with being a pioneer in smartphone diagnostics (Xcaliber). Historically, you would normally have to send a broken mobile off to a repair centre, which could literally take weeks. Fortunately there is now a much faster, cheaper and simpler option - by plugging the device into Xcaliber's clever diagnostics software, which identifies and fixes the vast majority of common handset faults. So good are the applications that today Blancco announced it had bought the remaining 51% stake of Xcaliber Technologies that it did not already own, for up to $5.5m in cash. $0.8m was paid on completion in March, with the other $4.7m spread over the next 3 years, dependent on the achievement of pre-determined revenue targets. Not only operating is Xcaliber active in a global addressable market perhaps worth >$200m pa: after a successful 6 month trial covering 200 in-store kiosks, it has signed a ground-breaking 3 year licensing agreement (non-exclusive) with a major North American telco network (as yet unnamed) that will see its programs rolled-out across >5,000 of the customer's US outlets. We have accordingly upgraded our forecasts, and believe that the acquisition will be earnings enhancing within the first 12 months. That said, the stock has risen by >10% since our previous note in March, meaning that the strike price for the forthcoming £50m tender offer (run as a Dutch auction with a 215p-250p range) is likely to be nearer 230p/share, as opposed to our original thoughts of 200p. Consequently with a higher assumed sharecount (ie post buyback), we have trimmed our share price target from 240p to 225p.
davebowler
25/1/2017
09:48
New highs - looks like the trading update has got people's attention.
rivaldo
23/1/2017
14:20
Yes looking very good now. Have been reading EDs September note which I must admit paints a very exciting picture of Blanccos growth prospects going forward.In addition to forecasting nearly 30% compound growth in earnings for the foreseeable future,there is a suggestion that the company may leverage their current market position in data erasure to branch out into other areas of data protection which could give another boost to earnings.All in all I got the feeling that the stock not only deserves its current rating, but could be considered undervalued given the growth potential. As SCSW said in their main coverage of the company last April: "One day, says Dhody, you can imagine a world where even your Toyota connected car system, home automation system or your healthcare device will have a Blancco button on it. At US$1 a pop on a billion devices, it could be B-I-G bucks. Buy."
nurdin
23/1/2017
12:04
Buying at 250p now - and sellers are getting a big premium on the 242p bid by selling at 245p. Nice demand out there methinks.
rivaldo
22/1/2017
22:11
Great close on Friday - new highs and a series of Buy trades at 245p during the afternoon. Hopefully set fair for more this week.
rivaldo
20/1/2017
14:42
Looks like new highs (just!). And news from yesterday which should bring in more business for BLTG: Https://globenewswire.com/news-release/2017/01/19/909300/0/en/OEM-partners-with-reBOOT-Canada-to-provide-underserved-Canadians-with-computers-software-and-online-access.html "OEM Corporation is a Canadian company based in Mississauga that provides secure and sustainable end-of-life IT management services. We remove, report, repair and repurpose end-of-life IT assets, with the environment always a priority. We work with mid-sized companies through to Fortune 500 corporations, as well as healthcare, educational institutions and all levels of government. To ensure secure data erasure, OEM uses Blancco, the global leader in data erasure" "MISSISSAUGA, Ontario, Jan. 19, 2017 (GLOBE NEWSWIRE) -- OEM Corporation has partnered with reBOOT Canada to deliver essential technology to underserved Canadians through a unique partnership that will donate up to $750,000 cash over three years, and work towards solving the often-overlooked technology gap.... ....OEM will manage transportation, delivery, warehousing and donor account management to reBOOT Canada, which provides refurbished computers, ongoing education and wireless access to some of Canada’s most tech-challenged youth, families and not-for-profit organizations. etc"
rivaldo
19/1/2017
15:11
Promotional post - The Growth and Innovation Forum will show you how to take advantage of new investment opportunities in technology stocks and funds. Come and see Keith Butcher, CFO - Blancco Technology Group and 20 other companies present at the Growth and Innovation Forum on 31st January 2017 at Business Design Centre London. Find the next stock market ‘winner’. Satellite Solutions Worldwide +79%, CyanConnode +43%, Instem + 44%, Summit Therapeutics +32% and XLMedia +46% all attended last year. Click to register to attend for free Https://goo.gl/J9pCpW The other companies also presenting Jaywing, RedstoneConnect, Blancco Technology Group, CloudCall, Frontier IP Group, CyanConnode, Bango, LoopUp, CityFibre, TP Group, AJ Bell, ANGLE, Legal & General UK Alpha Trust, Defenx, Instem, WANdisco, Collagen Solutions, Avacta, One pm Finance, Cenkos Securities and Mirada. Https://goo.gl/J9pCpW
sharesevents
19/1/2017
13:31
Panmure Gordon expect net debt to reduce, and conclude as follows, saying Buy with a 326p target: "Blancco technology, a leading provider of data erasure solutions and mobile device diagnostics, has announced that its underlying profits are ahead of expectations. Organic sales growth remains strong, the group continues to win larger ticket orders and the mobile diagnostics is performing ahead of plan. Consequently, we are raising our FY17 PBT forecast from £8.0m to £8.3m." "Valuation: Over the last 6 months the shares have been range bound (220p-240p), despite delivering strong double digit top-line and earnings growth. As a consequence, the forward earnings multiple has significantly contracted. The 12 month forward EV/EBITDA has reduced from 20.2x (Nov-15) to 13.3x (today). The forward P/E has reduced from 35x to 22x".
rivaldo
18/1/2017
16:10
Positive update this morning tempered by disclosure of a lower cash position flagged in the final paragraph. The Equity Development note has clarified the situation & indicated a negative £5m cash swing on their expectations, which may account for the muted response on an ahead statement, "Moving to the balance sheet, we understand underlying cash generation was strong, albeit offset in H1 by the payment of prior period expenses and one-off M&A costs – thus leaving net debt of £6m as at 31 st Dec’16 (vs £1m net cash Jun’16). On top there is £2.2m of deferred consideration expected in H2, which coupled with other corporate expenses, means net debt is set to close June 2017 at circa £3.5m, vs £1.7m of net cash previously anticipated." Underlying business doing well but I'd hoped for a stronger b/s truth told. Kind regards GHF
glasshalfull
18/1/2017
15:26
Rivaldo, I agree with your views on broker targets, my post 260 was "tongue in cheek" really just pointing out the wide discrepancy between targets. More importantly BLTG seem to be destined for upgrades in due course, growing niche, sound finances and good management all as you refer to in post 262 above.
robinskardon
18/1/2017
15:11
Hi nurdin. I see broker targets being hit on a regular basis. Just this morning BOTB's share price was well ahead of Finncap's target price, and Finncap heavily upgraded to catch up. More often they're exactly that - targets. Look at the sort of ratings G4M or BOO and the like are on, and some of their target prices are even well ahead of where they are now. In that context Peel Hunt's 340p target here is perfectly realisable. All I'm saying is that the markets are unpredictable, and if a company find support it's surprising just what share prices can be attained and retained, so to write off a target price completely as "wrong" is just a subjective view at the time which may or may not prove to be completely incorrect. But I completely agree that targets should be reviewed carefully, and some are more realistic than others! Meanwhile the BLTG price continues to rise.
rivaldo
18/1/2017
13:05
Thanks for the ED report...very thorough with well rationalised and sensible target price. I know its not a precise science Riv but some analysts have the habit of coming up with outrageous targets without any backing for the forecasts.Also how often do you see companies share price hitting the targets? A recent analysis by Stockopedia showed that most companies fall well short of the targets even on medium term view.I am not saying that will be case here just making the point that brokers targets need to be treated with care. In the case of Blancco,ED with their analysis and earnings projections have come up with a very believable( perhaps on a 2 year view) 275p target....made more believable by the likely exponential growth in data security market globally.
nurdin
18/1/2017
12:08
Cheers - ED have lifted their target price to 275p (from 255p). Hopefully this direct link will work: Https://www.equitydevelopment.co.uk/edreader/?d=%3D%3DQM1IjM No-one knows whether Peel Hunt's 325p or anyone else's targets are "correct" or not, and it doesn't really matter as this isn't a precise science. The overriding point is that BLTG are seemingly on a roll, their products are in demand and should continue to be for the foreseeable future, they have a sound Balance Sheet and they appear to have extremely capable management. On that basis the market will value them highly and should continue to re-rate them, more or less quickly depending on trading progress, contract RNS's, acquisitions etc.
rivaldo
18/1/2017
11:58
Research out today from Equity development. www.equitydevelopment.co.uk/edreader/?d=%3D%3DQM1IjM
brummy_git
18/1/2017
11:33
Cantor Fitzgerald have also reiterated their Buy and 270p target today. Who is right?!
robinskardon
18/1/2017
10:33
Peel Hunts target looks miles away from here.What will cause the share price to rerate to that level?
nurdin
18/1/2017
09:22
always like 'ahead' updates
robow
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