Blue Prism Share Discussion Threads

[66fingers] 29/6/2018 12:18

Interesting article in the FT

[pyglet] 29/6/2018 11:24

top quality stock - will be 2000p in near term and when profits start rolling in - well who knows!
Been in and out for a while but now here for the long term.

[smerch1468] 29/6/2018 09:26

Anyone tempted to top up on PRSM on recent weakness? I find myself going against every asset allocation/risk management principle I have ever learnt with this stock.

[dtaliadoros] 26/6/2018 21:15

Good article...

Jim Armitage: Blue solution to white-collar slog will spark a fever | London Evening Standard

[hazl] 26/6/2018 13:36

NADAQ Futures looking in positive territory.
That ought to do it!

[dtaliadoros] 26/6/2018 13:33

Not sure i agree...if my investment doubles....shaving off some of profits is not changing risk profile.....just a rebalancing back to original levels.

[sogoesit] 26/6/2018 12:23

Interesting concept : "Risk Free"?

Assuming NO opportunity benefits, that is. And, if there are no opportunity benefits, why sell?
What do you do with the profits?

Only reason to sell and retain part is to change risk exposure and therefore adjust risk (depending on your overall portfolio risk) to protect opportunity costs or benefit from opportunity gains.
The retained part is never "risk free".
AIMV

[dtaliadoros] 26/6/2018 11:50

This morning was a perfect topping up opportunity. From experience, with these smaller cap volatile growth stocks, good results on a share which has been rising for a while always brings out profit takers. Remember profit taking does not neccessarily mean selling all your holding...in many cases its recognising part of your gains so that the remainder of your position becomes risk free.

[bprocket] 26/6/2018 11:08

Stop analysing why it’s dropping a bit.

Director selling in the making, closing period ended with the announcement, they are cashing in after massive rally (who wouldn’t?)

Expect 20+ when the dust settles!

[hazl] 26/6/2018 10:57

SOGOESIT.....not that slow that you didn't know a good thing when you see it!

[sogoesit] 26/6/2018 10:55

I think you have to be careful when trading-off news in the short term.

Apart from there being a lag effect anyway (upto a few weeks depending on how well covered the stock is and how long news takes to be disseminated) it's pretty difficult to work out how well fundamental figures compare within an hour of issue.
Folks are probably trading off sentiment and expectations comparisons of their own and the markets... to me that's betting.
(Ignoring the fact that I am a bit slow myself Lol!).

[windsor430] 26/6/2018 10:49

That didn’t last long though did it Davros

[lordaspers] 26/6/2018 09:47

Nice to hear some level headed words where these boards are normally overrun by emotional rampers. Cheers DavR0s

[davr0s] 26/6/2018 09:14

I don't personally subscribe to MM doing that much over any period of time. Market is driven by buyers and sellers not forecasts, opinions - today we have sellers willing to sell at lower prices and buyers not presently willing to bid it up. I've conditioned myself to shut out all information on shares these days and trade off price and volume - as it just create biases in your head and you end up fitting the environment to justify your investment decisions. I'm part of a small group called tradingbases.com that trade this way - if your interested drop by as useful information there on how markets work even if your not a member

[sogoesit] 26/6/2018 09:11

The 20d ma is at 1760 and the 50d at 1590.

[hazl] 26/6/2018 09:09

Today is #BluePrismDay at the @IBMWatson Tower in Munich.

A lot of visibility,I imagine.

....today 's reaction is firmly macro in my opinion.....Trump chatter that tech might be included in the US/China trade-war.
Important but is it short-term or not?
Those are the questions for price movement.

[lordaspers] 26/6/2018 09:04

I see DavR0s, clearly explained. Some MM shaking do you think also?

[davr0s] 26/6/2018 08:59

I trade these days (from years of experience of learning how markets work) and the share has risen strongly in recent weeks a pull back was highly likely today - which is why I decided to take profit short term yesterday. The company has consistently reported strongly so that's already baked into the price so it was probably only going to hold or rise today if they beat those previous expectations (ie good enough results isn't enough). So back on my watch list now

[sogoesit] 26/6/2018 08:54

Still not easy to see where the underlying break-even is going to be as costs still rising at a similar pace to revenues (albeit slightly less : 123% cost growth vs 145% revenue growth).
Key is how long the investment in growth is going to continue; probably for a while since they haven't really started to eat in to the £40m they raised.
Certainly, the cost growth rate (economies of scale) needs to improve (decline) relative to the revenue growth rate but this is a problem to discern given the recognition rules they use... i.e. its only likely to come to light some 6-12 months afterwards when the run-rates are established.

Until then we have difficulty seeing what real profitability is (and they don't tell us how much commission they pay as this is included in "Admin").

So all one can do is go with the flow for the longer term.

[2350220] 26/6/2018 08:51

A bit extreme 150pts down.
Thank goodness it was good news.
I'd hate to think what it would have been like if the news was negative.
John

[lordaspers] 26/6/2018 08:49

Care to elaborate on not unexpected and normal? Im sick of great results doing this to sp's across the AIM!

[testbot] 26/6/2018 08:45

I also think the results are OK.

We are in the beginning of the transformation of Blue Prism.

On Twitter they write in the invitation to BluePrism Pulse in Munich where Credit Suisse speaks - that CS currently have around 200 robots which they plan to increase to 400 in 2019. This is an example how the momentum will continue with the new customers and upsell to a growing customer base.

When excisting customers implement AI to their RPA robots there will also be sold new robots.

I think this is a stock to hold and forget.

[davr0s] 26/6/2018 08:41

Not unexpected and perfectly normal reaction today. I took my chips off the table yesterday as it had a good run recently. If it setups I'll repurchase but not today - will see where the dust settles

[janeann] 26/6/2018 08:37

Must say it seemed a vey odd delayed reaction to the results; price seemed stable /slight rise in the first 10 mins then a dramatic fall. I thought results looked fine; rrecurring revenue per month c £4m; and plenty of cash in hand

[sogoesit] 26/6/2018 08:12

Exit run-rate growth is 57% over 6 months.
Applying that to the full year would make an exit run-rate of £6.9m or about £72m pa.

Overall customer base increased 158% y-o-y (700/271) and, in the USA 268% albeit from a low base boding well for the exit-run rate to grow significantly again in the second half.
Asia Pacific still relatively low suggesting an untapped market (optimistically).

Looking very good in gaining traction imv.

[NB always not forgetting the conservative accounting that PRSM employ].