Blue Prism Share Discussion Threads

[dtaliadoros] 21/11/2018 14:22

Made the most today's epic rise to sell 50% of holding (to bank some profit). Still believe in this stock but don't believe in current market. It goes against my style of buy and hold, but this current market and brexit mess it making things look ugly. Kept remaining 50% as I believe this industry still looks rosy.

[bulltradept] 21/11/2018 14:11

These types of huge swings we are seeing apparently typify the moves you get as a market environment transitions from bull to bear.

If we are moving to a higher volatility environment then I'd argue a different trading style will need to be employed.

They say once a market and indeed a share is 20% plus down from its high then its entered a bear market, plenty of these grow stocks are down 20, 30 and 40%. Be interesting to see where we are this time next year.

[gorilla36] 21/11/2018 12:25

Very difficult market when the value of a co can move 15/17/20% in a day. You cant really have a stop loss and two years of profits can be trashed in two days.

[slavetothetrade] 21/11/2018 11:12

Sorry to those that panic sold and lost, the market can be cruel. But we all know how volatile this share can be. Coupled with the current market. If you only make a loss when you sell at a loss! Holding strong here! lets Go BP!!!

[fuji99] 21/11/2018 10:48

As I said before the share price is very sensitive upwards and downwards.
So for anyone who thought, he "lost money", if one keeps calm and focuses on the long term, and if PRSM delivers, the share price will be completely different from what it is now in the next few years.

[dtaliadoros] 21/11/2018 10:29

I like how he mentions complete customer retention at 1 minute 35.

[hazl] 21/11/2018 09:42

Ha ha dannyboys timing is always superb....just before a bounce..

[hedgehogster] 21/11/2018 09:37

Interesting to see BP's APAC presence is strengthening:Blue Prism has made two key appointments in Asia Pacific (APAC), hiring Rob Mills as vice president of Australia and New Zealand (A/NZ) and promoting Mike Cawsey to the newly created position of senior vice president and general manager of the region.According to Cawsey, the appointments have been triggered by increased customer demand across the wider region.The software vendor opened its first office in Singapore in August 2018, which now serves as the company's regional headquarters, in addition to a Hong Kong office to support a growing list of Asian Fortune 500 clients that includes Great Eastern Life, Maybank and Schroders.https://sg.channelasia.tech/article/649901/blue-prism-strengthens-apac-team-key-appointments/

[sogoesit] 21/11/2018 09:08

Good info. Thanks bp.
Also reflected in the average revenue per customer which we discussed some months ago.

NB. Last year they issued a Notification of the TU before the TU itself (07/11 for 15/11 respectively). The financial year closed 31 October so between here and Results (mid-January 2019?) we should get something.

Anyone up for a guess at the exit run-rate at 31/10?
Mine is £7m - £8m per month.

GLA

[bprocket] 21/11/2018 06:36

To add - UIP is Desktop Automation & not Enterprise Automation, between both is a huge difference. One is scalable one isn’t, one is based on long term stability, resilience and maintainability (no code) and one isn’t. I am sure you can figure out who is who ;)

[bprocket] 21/11/2018 06:31

Dannyboy - not sure if you are aware but being a UI Path “customer̶1; is as simple as downloading the software on their website. So every John bloaks out there who downloads the software is a customer.

To be a BP customer you need to sign an NDA to have access to the software and own a company registered email address.

That alone makes a huge difference of what a real customers base is.

The same counts for accredited developers, UIP does the exam online nothing special, no eligibility check nothing your mom can do it. BP has min requirements to full fill and you neeed to go to a local facility manager by Pearson Vue.

Again, UIP likes to throw around their numbers but they mean nothing because it’s every bloak out there who will be counted. It’s quantity and not quality.

Thanks

[dannyboylife] 20/11/2018 20:55

@hazl @hedgehogster - saw your link to the twitter feed on EY and 2.1 million hours automated. VERY impressive but EY internally are not representative of typical clients (250,000 employees). They are a massive financial institution managing work for 1000's of clients. They have been a BP partner and doing these RPA implementations for 10+ years.

You have to answer this, why does Deloitte say, most companies, after 2 years don't have more than 10 bots? Because most companies back office teams are vastly smaller than EY - and very few do the same work at scale.

[dannyboylife] 20/11/2018 19:53

I went off line for a bit but thought I would brighten up your days :) I made it clear I am not a reader of share price so for you all, I hope it goes back up, I don't hold any. But here's some facts.

SAP brought contextor RPA this week - and that is confirming that the analysts / VC firms did not do their diligence. They were way down the Forrester wave but had pretty much the same tech as all the other RPA vendors. Pretty cheap buy I suspect. Tell me what IP PRSM have? Nothing. ZIP. Nada. You all told me last year PRSM would exploit their market lead with so many big customer names and expand their footprints and now they are chasing a losing game - numbers of customers. That is the UIpath model. Numbers of customers rather than beach heads and expansion. You are touting customer counts as a positive, it's not. It's a race to the bottom on license price now with W/Fusion and Pega free RPA. And 40+ other RPA vendors all using the same underlying tech. Integration with 3rd party AI technologies is touted as a positive but these companies will partner with all the RPA vendors and again, there is no IP.

All SAP shops (most of PRSM and UIPATH revenue is back office integration with SAP) will look to SAP first. I suspect contextor was cheap enough v SAP building their own using the same core tech (ABBYY's OCR and Microsoft's open automation tools).

You all hate facts but reality is the $500m+ raise is creating a false operating model of growth (being spent on analysts). Calculate numbers of customers and revenue and you continue to get very poor internal growth. The reseller model is also an issue because there is zero loyalty (all the big boys switched to UIpath).

[dtaliadoros] 20/11/2018 17:38

Let's hope we get something soon

[hedgehogster] 20/11/2018 16:52

Last 2 years there have been, on 16/11/17 and 21/11/16, so one would think it would be this week? Who knows.

[dtaliadoros] 20/11/2018 16:41

Do we know for sure if there is a trading statement due?

[hedgehogster] 20/11/2018 16:15

Thanks for the input guys, you hear some horror stories on AIM. Let's see what the trading statement brings.

[fuji99] 20/11/2018 16:09

Hedge - I am not sure if there is any leak which I really doubt it.
The only "leak" that could be engineered is the "simulated" deceptive one for a reason: The make sure the share price will go down.
For the share price fluctuations, as I said before, it is very sensitive thus with huge increments upwards or downwards.

[fcuky] 20/11/2018 15:22

Wtf

Down 200p ......

Gone