Blue Prism Share Discussion Threads

[sogoesit] 27/11/2018 09:15

hazl: there must be a reason, other than a "pure" investment, for an investment banker to take such a large stake imv.
Arbitrage, influence on the board, activist... just my speculation.

[testbot] 27/11/2018 09:15

I am satisfied with 305 new customes in H1 compared to 223 in H1 and 425 upsell compared to 298 in H1.

And they say they were particularly busy in Q4.

When they recognize the entire commisssion up front there is an inconsistency compared to the revenue recognition.

The important thing is the increase in revenue. The profit will come later.

[hazl] 27/11/2018 08:13

seems to be picking up....

[hazl] 27/11/2018 08:12

very dull comment...

[montyhedge] 27/11/2018 08:11

Very dull trading update.

[hazl] 27/11/2018 08:05

What are you implying sogoesit....that they continue to build a stake?

[kidknocked] 27/11/2018 08:02

I'm surprised at the opening mark down, but I will add at these levels.

[runthejoules] 27/11/2018 07:59

Ambiguous statement there. I like the fact cash (which is of course king) is up but unsure if it's enough to get me back into this 'one that got away'. Comment on Stockopedia from Volvere's CEO that it is expensive compared to private robotic companies. (I recommend subscribing).

[sogoesit] 27/11/2018 07:50

Hmmm... maybe Goldman Sachs has other ideas?
Profitability not in sight; they’re definitely going to spend that £40m raised before it does.

[brokenbuckles] 27/11/2018 07:42

Increased investment leading to increased sales forecasts is fine. what is bad is when increased investments don't lead to increased sales.

[fuji99] 27/11/2018 07:37

The EBITDA loss is due to investments: "The EBITDA loss(1) is expected to be larger than current expectations due to continued investments into the Group's growth strategy".

I only hope they will not be using this trivial point to do the opposite of a good update as BP showed it is really a very strong business.

[hazl] 27/11/2018 07:34

I personally think it's about the competition.......they have to keep first mover advantage to my mind.

The shares buy announced yesterday is a very good sign in my opinion.
Those people know what they are doing.
Now let's see what the market makes of it.

[adorling] 27/11/2018 07:30

Strong sales line but I have concerns on “The EBITDA loss(1) is expected to be larger than current expectations due to continued investments into the Group's growth strategy and increased sales commissions arising from the strong fourth quarter.”

Have we signed deals that are too generous on the sales commissions? We should have seen a marked move towards profitability in doubling sales but we are reporting greater losses than 2017?

[jonelle1998] 27/11/2018 07:28

Haha. Let me translate it for you: we think we will (just) make our revenue forecasts by materially increasing our commissions to salesmen/resellers....and by offering discounts. How you can say that a company reporting worse than expected losses is an excellent update is an interesting view. This company will eventually hit a wall and at this price there is no room for error imo.

[bprocket] 27/11/2018 07:26

They double and exceed their targets every year! Fabulous- that’s what I call exponential growth!

[kidknocked] 27/11/2018 07:23

Agreed. Sounds really good to me.

[fuji99] 27/11/2018 07:15

Excellent update. Everything ticks the boxes perfectly well.
This should go up by at least £2 today.

[hazl] 27/11/2018 07:12

'I am very pleased with the progress we have made in 2018 and the results we are set to deliver. It is a reassuring sign that our strategy to invest in growth during this phase of Blue Prism's evolution is the right one, in order to create long term value for our shareholders."

[hedgehogster] 26/11/2018 21:55

It's confirmed in the below RNS, they were at circa 5%, they've doubled their stake:Holding(s) in CompanyMon, 26th Nov 2018 12:41RNS Number : 5103IBlue Prism Group PLC26 November 2018TR-1: Standard form for notification of major holdingsNOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:Blue Prism Group PLC1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)Non-UK issuer2. Reason for the notification (please mark the appropriate box or boxes with an "X")An acquisition or disposal of voting rightsXAn acquisition or disposal of financial instrumentsAn event changing the breakdown of voting rightsOther (please specify)iii:3. Details of person subject to the notification obligationivNameAbrams Bison Investments, L.L.C.Gavin AbramsCity and country of registered office (if applicable)Wilmington, Delaware, USA4. Full name of shareholder(s) (if different from 3.)vNameGoldman, Sachs & Co.City and country of registered office (if applicable)New York, USA5. Date on which the threshold was crossed or reachedvi:21/11/186. Date on which issuer notified (DD/MM/YYYY):23/11/187. Total positions of person(s) subject to the notification obligation% of voting rights attached to shares (total of 8. A)% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)Total of both in % (8.A + 8.B)Total number of voting rights of issuerviiResulting situation on the date on which threshold was crossed or reached10.45%10.45%7,009,559Position of previous notification (ifapplicable)8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

[bokies] 26/11/2018 21:53

Wot? A tweet? Or is there something I missed?

[slavetothetrade] 26/11/2018 21:43

Buckle up!

[hedgehogster] 26/11/2018 20:59

It is true, RNS out!

[hedgehogster] 26/11/2018 20:56

Interesting tweet??!! Goldman Sachs taken a 10.45% stake in blue prism.. I'm hoping it's not a Donald Trump special - fake news.. but if it's true it bodes well! https://mobile.twitter.com/Vix_Russell/status/1067037474482995200

[bprocket] 26/11/2018 18:51

Tomorrow - you better get your seat belts tight! You think the giant is sleeping you better watch !