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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% 172.50 170.00 175.00 175.00 172.50 175.00 0.00 08:00:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 33.4 -0.2 1.6 107.8 131

Blancco Technology Share Discussion Threads

Showing 626 to 649 of 725 messages
Chat Pages: 29  28  27  26  25  24  23  22  21  20  19  18  Older
DateSubjectAuthorDiscuss
03/12/2019
09:51
Some movement at last!

According to Blancco’s web site there are approx 74.6m shares in circulation of which nearly 73% are held by (hopefully) long-term institutional investors and a further 3% by the employees Benefit Trust (these figures may be slightly out of date as they haven’t been updated by Blancco since Nov 7th). Details aren’t given for any other significant holdings below the 3% threshold.

Until the last few days we therefore had a freely tradeable (i.e. non-institutional) balance of approx 18m shares. Unless there are unreported sales this balance has been reduced significantly by just under 600k in five large purchases on 27/11 (all at 130.5p) and approx 3.3m yesterday (mostly at 148p) – indicating a freely tradeable balance now of around 14m shares (19% of total equity).

It’ll be interesting to see who the buyer is / are but it looks like our patience is being rewarded.

zulu_principle
01/12/2019
08:25
Tipped in MIDAS today

Midas verdict: Blancco is a robust business in a fast-growing industry. The company is also likely to prove resilient whatever the external economic or political conditions. At £1.32, the shares are a buy.

cheshire man
29/11/2019
17:32
Given that M&G have in recent years at least abstained from voting at the AGM's not too bothered that they continue to reduce at a stately pace their still sizeable holding.
cerrito
30/9/2019
14:47
Interesting to see that Soros continues to increase their holding-now 20%+ compared to 10% in December 2018.
cerrito
24/9/2019
22:20
I was expecting a somewhat more enthusiastic response today but I do take Garth’s point in his 634.
For those who have not done so already, I would recommend you listen to the webcast-both the presentation and qanda were-for me-good.
Hope to write something up when I have digested the webcast, RNS and ED report.

hxxps://webcasting.buchanan.uk.com/broadcast/5d53bd66a98d141c9d04c584

cerrito
24/9/2019
14:58
Peel Hunt today reiterates buy rating and 173p target price.
mfhmfh
24/9/2019
06:54
Yes, decent growth and outlook

Revs +13.4% LFL to £30.5m with adj EBITDA, EBITA and EPS coming in at £5.2m, £2.5m and 2.47p.

Equity Development research now out with FY20 estimates and 175p/share valuation unchanged.

For full note, free access, click here:

https://www.equitydevelopment.co.uk/edreader/?ltkn=85c6f4630566f41abdb7c4b8a799f625UiNI5DbV&d=%3D%3DAOzYjM

edmonda
24/9/2019
06:52
Still think the rating it currently commands is generous based on the current tiny profit and not exactly startling growth. That said, it is growing. Some by acquisition.

G.

garth
24/9/2019
06:50
Good cash generation and a positive outlook
zipstuck
24/9/2019
02:50
Let's see what later today brings...
mfhmfh
15/9/2019
11:24
Thanks Varies.

Not invested at present, but keeping an eye on it drifting down. I cant decide whether is is just about at that rising tend line, or down through it.

G.

garth
14/9/2019
11:45
The answer to my question appears on the company web-site and I should have looked there before writing my post here.
It is Soros Fund Management that owns 18% and not the security company whose details I found.

varies
14/9/2019
11:08
Having made some money in BLTG and having lost some, I feel no great confidence in my judgment but have now returned on a modest scale as a buyer.
Can any of you cast light on our major shareholder, SFM UK Management LLP ?
They hold 18% of the capital, mostly bought within the last year or so.
My internet search shows them to be a privately held security company whose business is essentially physical : the provision of guards and the monitoring of security systems.
It is difficult to see that this business has anything in common with that of BLTG.
It may be, of course, that SFM UK Management LLP is so profitable that they can afford to hold £16 million worth of BLTG shares, perhaps as part of a large portfolio.
The latest announcement refers also to Soros Fund Management but does not show Soros as holding any shares.
I will check now on the BLTG web-site for an answer to my question but would be glad of any guidance from posters on this board.

varies
27/8/2019
11:28
Blancco highlighted (page 4) as a potential acquisition target in today's M&A related research report - UK plc ‘going for a song’.

hxxps://www.equitydevelopment.co.uk/2019/08/27/uk-plc-going-for-a-song/

equitydev
16/7/2019
14:37
At one level the week £ is no doubt supporting the price but good that even with Forrager taking some good profits and in some ways in the short term more ominously M&G reducing that the price is holding up.
I will feel more comfortable when M&G who have abstained in the voting at the last 2 AGMs have a smaller stake.

cerrito
11/7/2019
21:43
The 2% increase in the share price today a bit mean considering the profit performance of the year ending June;that they have given themselves a good financial structure by the equity raise at decent price and the acquisition.
Of course we do not know what the market consensus that they refer to is and if it is the same as ruling on May 1 when we were told that adjusted operating profit would be comfortably ahead of then current market expectations.
I continue to feel comfortable here

cerrito
11/7/2019
07:35
Agreed , excellent news on profits / cash conversion / debt elimination and the accretive deals fill out the mobile product suite nicely.

Updated research and numbers just out from Equity Development : FY20 sales & adjusted EBIT (pre SBPs) increased, taking fair value up from 160p to 174p/share.

Free access to full note here: https://www.equitydevelopment.co.uk/edreader/?ltkn=57f47846da30fa5116e021a7d0ebc788R5v%2BsU02&d=%3D%3DQNwYjM

edmonda
11/7/2019
07:29
Great news
nw99
11/7/2019
07:17
I really like this acquisition.

With the fortune 500 client it has it can hopefully make some hay this year.

Its beginning to build credibility in the new management focusing on margins not revenue.

Hopefully will re-rate.

zipstuck
11/7/2019
07:14
Nice profit upgrade this morning and a good couple of acquisitions on a quick bit of research. Blancco are definitely in the right space at the minute with most companies looking to mitigate their exposure to the fines issued out to BA and Marriott this week.This should now confirm an upward trend in the share price and allow for a retest of recent highs over the next few trading sessions.
tallprawn
11/7/2019
06:28
Good news this morning with profit upgrade and acquisition.
weatherman
08/7/2019
06:48
Also massive £183.4m fine for British Airways this morning from the UK's Info Commisioner's Office. Underlines the importance of Data Protection and GDPR. Could also have a positive impact for data erasure specialists like Blancco, given this issue is now likely to rocket towards the top of corporate board agendas
edmonda
08/7/2019
06:31
Looks a nice entry level on the charts
nw99
15/6/2019
18:59
I have just got round to listening to the webcast of the Capital Markets Event on June 3.
There were four speakers from BLTG- the CEO Matt Jones, the CFO, The Head of Products and Technology Russ Ernst , who I understand is a recent recruit, and Head of Global Sales Alan Bentley, who had been around for some time.
The last two did most of the presentation going through the product lines from a technical and market perspective.
They came across well prepared; the whole thing was if anything rather low profile..compared to all the bravado of the last such webcast I saw under the old regime.In that spirit the CEO did comment that unlike in times past they were not taking on business they could not handle.
Some of it was rather heavy going and I have to confess I did find it hard to stay awake at times.
The room was pretty full; a reasonable amount of questions but as people did not say who they were representing not possible to know who was in the audience.
Too bad no one asked the question I would have asked about recruitment and managing a new and geographically disperse team. It was to me good that the Head of HR was there but she did not speak.
I note the share price has been drifting down c since then but truth to tell there was no real new news to get the share price motoring.
Alot of their competitors in the mobile space are small companies and there were a few comments on consolidation. At the AGM it will be interesting to see if they feel they are ready to do acquisitions. My feeling is that they are getting there in terms of having the management infrastructure but wonder if they have the financial resources yet- especially as they pointed out in the presentation do need to invest money in R&D-albeit a comfortable amount-£358k in H1 FY18/19 and £658k in FY17/18.
The big picture is that even with no hard financial information I came away more comfortable with management.
PS
The website has the good presentation slides

cerrito
Chat Pages: 29  28  27  26  25  24  23  22  21  20  19  18  Older
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