Blue Prism Share Discussion Threads

[pyglet] 25/1/2017 11:10

Remember. NEVER EVER fall in love with a share.

[hazl] 25/1/2017 11:09

LOOKED' over there' at the criticism and as not a member couldn't read what he's put but liked what mbrazier put

Automation Anywhere
'
They are the major competitor and already have more than 500 large clients so are ahead of Blue Prism in this regard. It seems unlikely that so many reputable large companies would get caught out buying into a solution that is nothing more than "hype" but it is possible I suppose. '

'What you are missing is that they get paid upfront and so although losses are growing, they are break even at the cash flow level.' he says.

This is a hot sector and some of the replies just strike me as sour grapes.
I recognise at least one ADVFN poster there.

'

[hazl] 25/1/2017 10:49

I believe any of them home in on anything that's risen a lot and is still not debt free.perhaps they ought to look at the Macquarie report.

[hazl] 25/1/2017 10:46

Ha ha well depends if your short termist.

[djbilywiz] 25/1/2017 10:12

I believe Mr Scott gave PRSM a bit of a dressing down on his scv report yesterday.

[hazl] 25/1/2017 10:03

Thanks petw

[petewy] 25/1/2017 09:50

PRSM is top investment on River & Mercantile UK Micro Cap Investment Trust
hxxps://microcap.riverandmercantile.com/Portals/0/Documents/RandM_Factsheet_UKMC_2016Q4.pdf

[hazl] 25/1/2017 09:16

Ah.... we have some larger buys by the looks of it,rather than


the smaller PI sales.

IMO

[hazl] 25/1/2017 09:14

It is also human -nature to want a share to go down after you have sold.....it's
confirmation of your stance in a way.

Personally I think it is not some kind of altruism !

[hazl] 25/1/2017 08:58

Yes and good stocks are few and far between.
Whenever I sold up in the past in a company I really liked,I found I was in the wrong place at the wrong time to take advantage when people were all buying in.It's so easy to have put your cash elsewhere.

So nowadays I hold on and accept any little drops.

It's horses for courses really.

[alter ego] 25/1/2017 08:34

cash is king and although losses have widened, net cash is up and IPO proceeds have not been consumed.

[hazl] 25/1/2017 08:31

scrutable

We have already discussed the reasons for the increase in costs.
I can only assume that they made an intelligent decision based on not losing customers to possible competition in the future.

However each to their own and I wish you well.

[parvez] 25/1/2017 08:25

Bit of selling this morning. I think those who want out will have done it buy now...

[scrutable] 25/1/2017 01:31

There is no possible hazard which will stop the juggernaut sales momentum of PRSM, whose sales revenue I am confident will continue to increase by far higher figure in 2017 than any other company on the LSE. However....... was anyone else as shocked as I was by the 560% increase in operating losses, indicative of overtrading?.

Even in the early days of commercialisation, when one expects an increasing loss as after sales services and other marketing costs expand faster than customers are added, I do expect a positive margin to emerge from incremental sales and a reduction in the rate of increase in loss making.

The potential of the US market and the expansion of the new Sydney office to seize early market share in the Far East suggest that despite the feverish growth and general euphoria about RPA losses will continue with impatience to rise faster than sales.

So I sold my small investment at a good profit at 10 minutes past 8 this morning.

One can never be certain of getting a similar decision right, but that's what I did in the expectation that after the excitement of these stunning sales figures, the share price will stabilise at a more sober level, and that I will have plenty of opportunity to buy back in at a much lower price in mid- Summer, when the market is almost always weak.

[alter ego] 24/1/2017 22:24

You're welcome....and good luck with the footie

[croasdalelfc] 24/1/2017 17:05

Alter ego - thanks for your thoughts ;)

[alter ego] 24/1/2017 16:36

Croasdalelfc, well, they had operating expenses of approx 15m and a loss of approx 5m so to break even they need to increase income by 5m without pushing up expenses. I suspect that's not possible. They are employing more staff, spending on r&d, expanding their presence in new territories and so on.

There will come a point where revenue exceeds costs but I very much doubt we'll see that by August. Expectations seem to be losses until 2019-2020. Of course, things may go swimmingly and targets do get beaten. It's just that I'm a realist and am prepared to wait as long as good progress is being made. I'm happy that the wait will be worth it.
Others, may move on well before we get there judging by the frenetic trading that is being talked about here.

[croasdalelfc] 24/1/2017 16:19

Alter ego - it could very well be that simple. I note that they have sold to South Africa, Australia and India after October.

''The monthly exit run rate, which illustrates the momentum of recognised recurring licence revenue, stood at £946k for October 2016. This
has grown 143% in the year from £390k per month for October 2015. The exit run rate is the recurring licence revenue released to the profit and loss account in the month of October.''

They keep updating this figure - so it must have some value as to when they will become profitable at least on a monthly level.

its even mentioned in the forward looking statement:

''Taking into consideration the FY16 exit monthly run rate and assuming the ongoing momentum in new customer wins and upsells continues, we expect revenue for the current financial year to be comfortably ahead of existing market expectations''

If say the monthly exit run rate reaches £1.5m .... could that be the tipping point to profitablilty?? About 9-12 months after Oct 16....say August 17?

[onedayrodders] 24/1/2017 16:13

happy with today's resilience in the share price ... bodes well and as I alluded to last night, perhaps most of the sell on news brigade exited last week.

[alter ego] 24/1/2017 16:09

Perhaps it is more to do with where they have offices. UK is after all, still part of Europe, for now anyway. The only offices listed on their website are in UK and USA. Australia isn't mentioned yet.

[croasdalelfc] 24/1/2017 15:56

According to the small print all recognised revenue was from uK and US which is a bit weird as they are selling in Europe as well

[hazl] 24/1/2017 15:17

a few comments here and there.

I like this assessment

[hazl] 24/1/2017 15:05

good posts people....thanks alterego

[alter ego] 24/1/2017 14:31

exit run rate is value of licence revenue at the end of the period (not the average during the period)

[croasdalelfc] 24/1/2017 14:29

Can anyone explain what exit recurring licence run rate means? Thanks