Blue Prism Share Discussion Threads

[fuji99] 28/2/2019 10:55

Just an observation: We have already hit 4 times £14 - fourth was this morning and also hit once £15 at one time but reversed to £14. So £14 looks as a resistance to overcome. If we close at £14+ today or tomorrow, it will be very positive to power ahead towards new resistance - around £16 levels.

[njones01] 28/2/2019 10:49

Key question for me is are we going to hit 1400, but then drop down below 1200 again. Can anyone see good indicators that could support pushing through 1400?

[hazl] 28/2/2019 10:24

RAMPMEISTER as fuji says difficult to read this from charts or even day to day trades I have found.
I have used different parameters in my decision.

[rampmeister] 28/2/2019 10:03

We could be seeing a new high (2019)or dropping back to start another W. Think we need a chartist.

RM

[sogoesit] 28/2/2019 09:55

Like now?
Having re-rated it is now trending up at the same rate as previously (about 150% pa) from the low of 1040p end of last year.

[fuji99] 28/2/2019 09:46

Parvez - Agree that any stock will adjust at one time. But with PRSM, when it takes off towards either direction, nothing can stop it. If it wants to go down, buy as you wish, it will always go down. When it starts going up, as it does now, sell as you wish, nothing can stop it. This is what I learned from this stock. So it is very volatile - up and down - , thus why it is suicidale to short it for example. The best way for a long term investor is to hold and be patient. It is "tradable" from time to time but though you have to be patient to wait the moves.

[parvez] 28/2/2019 08:55

Fuji, doesb, thanks for sharing - always good to refresh on some of the points they raise. It would have to close above £14.50 for some sort of breakout - I think we will be flirting with the £11-14 range for a couple of months before it takes off however I could be wrong. All IMHO...

[fuji99] 28/2/2019 07:56

Interesting summary on RPA for the new comers.

[fuji99] 27/2/2019 08:19

I can wait as long as it takes if it can reach £20.
Perhaps £14 this week for a take off starter ?

[doesb003] 27/2/2019 07:28

Don't whether this one was already posted, but Numis reinstated their buy rating.

[fuji99] 26/2/2019 17:23

I advised her/him to short miners and pharma's as they seem to have peaked though. It's madness to short volatile stocks such as PRSM with a wide spread. There is almost no spread in AZN, GSK, KAZ, RIO, BLT, AAL etc.

[tbax] 26/2/2019 17:12

Well if he was still in his short 7.9% up is costly :-D

[sogoesit] 26/2/2019 16:26

More...
Back into the lucky 13's is it?

[fuji99] 26/2/2019 15:56

To close at £13 ? The road to power ahead towards £15+ in a week or so is now open.

[fuji99] 26/2/2019 13:32

That was what spiked it. Another important collaboration and the list is growing.
.
26/02/2019 1:00pm
PR Newswire (US)

Blue Prism (LSE:PRSM)
Intraday Stock Chart

Today : Tuesday 26 February 2019
Click Here for more Blue Prism Charts.

LONDON and AUSTIN, Texas, Feb. 26, 2019 /PRNewswire/ -- Building on existing customer demand and market momentum, PwC one of the world's largest professional services firm and Blue Prism (AIM: PRSM), a leader in Robotic Process Automation software (RPA), today formally announced their collaboration agreement to bring intelligent automation solutions and services to enterprise customers. The announcement gives PwC the ability to sell Blue Prism's connected-RPA software, globally alongside implementation services enabling clients to digitize their operation using PwC's world class business understanding, technology innovation and human centered approach ...

[hazl] 26/2/2019 13:27

Actually Bluepeter has mentioned the link but the information age is interesting piece anyway.

[excelsior] 25/2/2019 16:22

Welcome aboard hatfullofsky!

[hazl] 25/2/2019 16:19

Trump seems to improved the market sentiment and PRSM responding so far....
anybody like the look of CDM?

I've just got in on a pull-back this a.m.

[fuji99] 25/2/2019 15:49

It's a matter of time before its share price blows north. Many have not yet discovered the impact of RPA on every industry and the true position of PRSM as the big game player within it.

[hatfullofsky] 25/2/2019 15:27

Bought in today. The share price seems to be recovering its composure. Placing added support.

Just scanning the thread - Any growth market attracts competition and new entrants but with market leading technology and a great name in the industry PRSM are better placed than most and with the Digital Exchange there will be a more skilled workforce available lowering the cost of ownership. RPA is incredibly sticky so once you're in you're hard to remove.

Anybody thinking of adopting RPA should always consider the main players of which PRSM is obviously one.

Revenue expected to triple by 2020 (all be it still loss making) it's a buy for me. PRSM will either be a stand alone success or be bought out.