Blancco Technology Share Discussion Threads

[cerrito] 11/12/2018 18:49

JO Hambro's slight reduction triggered a write up on BLTG in yesterday#s London Evening Standard;the tone of the article was neutral and factual.

[tournesol] 13/11/2018 14:43

cf456

Thanks for that. Nice to have something to smile about.

[cf456] 13/11/2018 12:56

The chart looks good here.

A breakout and there's no real resistance above for miles.

The 2 directors buying the other day a sign of confidence too.

[aishah] 09/11/2018 13:47

CEO and CFO share purchases yesterday.

[edmonda] 03/10/2018 17:10

Hi Cerrito, agree that it was a shame they both had to leave for personal reasons on the the night, but the talk was very positive. The ED research may help you rather more if you want a view of the future, rather than the past.

For those unable to attend the Forum last week the new Exec team gave a barnstorming performance (shares + 12% in the week since) you can hear it here:

with slides

[mfhmfh] 03/10/2018 12:21

hxxps://www.equitydevelopment.co.uk/webinars/?d=%3D%3DQN4QjM

[garth] 02/10/2018 14:49

Thanks Cerrito

[cerrito] 02/10/2018 13:44

I made it to the Equity Development presentation last Wednesday. I thought the new CEO Matt Jones came across well both in his presentation and the way he answered the questions. The new CFO Adam Moloney was also there but did not speak much and I was unable to get much of an impression. Too bad that the good corporate presentation which they have been giving to their institutional investors and which they spoke to is not on their website or indeed ED’s. Too bad-but for me understandable-that they did not hang around afterwards as I was hoping to speak to them. Also too bad that their presentation was not video’d.
Big picture is I feel comfortable both with management and the figures; about to read the Edison report.
Pleasantly surprised at last Friday’s share price rise which I see is being reversed a bit today and depending on how much it slips may buy more.
Plan to dissect the numbers in the AR when it comes out.

[aishah] 25/9/2018 10:01

Peel Hunt reiterate BUY and 126p target

[mfhmfh] 25/9/2018 09:18

this seems to me one of those companies that's turning itself around and a lot of potential upside to come in the share price All IMHO. GLA.

[masurenguy] 25/9/2018 08:54

I used to be a holder here but I sold my shares @235p in April 2016 and exited altogether. This was due to the previous Chairman & CFO having sold virtually all of their shares into the 240p fund raising in 2016 and then subsequently departing. However the new management and restructuring here - and the innate potential in the technology which originally attracted me - has addressed most of the prior problems so I have dipped a very modest toe back in this morning.

[mfhmfh] 25/9/2018 08:30

Equity Development 'valuation has been upgraded from 106p to 140p/share'.

[edmonda] 25/9/2018 08:24

Solid FY progress reported: revs £27.5m, adj EBITDA +18% and EPS 4.66p (2.83p). New CEO looking forward to realising the clear potential.

New research note out with sharply higher fair value, freely accessible here:

Only a couple of places left (out of 100) at the ED Forum tomorrow night, no access without registration.

[cerrito] 04/9/2018 20:08

I see that Equity Development have an Investors' evening on September 26 with three companies-two I have never heard of and BLTG, who announce their prelims the day before.
Given that this will be the first outing of the new CEO and CFO I need to make every effort to be there,

[edmonda] 11/7/2018 08:18

another reassuring update from Blancco, despite currency headwinds; and well-regarded CFO joining group. Adjusted forecasts and valuation in new ED research note, freely available here:

[cerrito] 11/7/2018 07:33

Good to see better than expected AOP as well as net debt reduction and the logic of the FX rates accounts for revenue lower than expected.
The replacement of Herrick very much expected and good that he is hanging around.
I note the new man seems to have been out of the market for some time.
I am comfortable with my holding and that the share price will get to the Peel Hunt target but it may take some time to do so.

[mfhmfh] 05/7/2018 12:00

Pell Hunt reiterates buy rating today with target price of 126p.

[garth] 14/6/2018 06:24

Thanks Cerrito.

Lucky - cup and handle? Implying a move upward next from a technical perspective?

G.

[cerrito] 13/6/2018 17:18

Seeing that Forager are continuing to add and knowing nothing of them I went to their website.
From what I gathered they are looking for special situations and do not give the impression that they are looking to impose management changes or be activists.
This is what they said on BLTG in a blog post of today
quote
Blancco Technology Group (LSE:BLTG) is an illiquid stock we’ll discuss at our coming roadshows and in a future quarterly report. The market set it a pretty short and simple list of demands in recent months—appoint a good new CEO to replace the one fired nine months ago and release some half-yearly results on time. It delivered. The stock is up 34% since mid-March.
unquote

[garth] 25/4/2018 13:48

Slowly. Calmly....

[cerrito] 20/4/2018 22:42

The London Evening Standard had a 4 one column inch story on recent share purchase by JO Hambro commenting that Peel Hunt has reaffirmed its buy rating with a 126p target price.

[luckymouse] 18/4/2018 15:18

Cup n handle + a bit of volume interest

free stock charts from uk.advfn.com

[mfhmfh] 13/4/2018 10:06

Congress were asking Mark Zuckerberg this week if they should introduce GDPR in the US.

New CEO is American.

[aishah] 13/4/2018 09:40

Good buying recently. 20k @78p earlier.

[ch1ck] 06/4/2018 11:12

No movement in price with the new ceo im out for now