Blue Prism Share Discussion Threads

[bluepeter1] 12/9/2021 11:33

Rory Bateman, who runs Schroders British Opportunities Trust, reckons there's a 'deal there to be done' for the £1billion firm.

Bateman holds the stock in the trust, which has seen nifty growth since last year's launch through investments in National Express, Ascential and a string of private assets.

He adds: 'Blue Prism is a high-quality business and the valuation is extremely attractive compared to US and Dutch competitors. Its shareholders are likely to be constructive around a deal. A new owner needs to make up for missed investment opportunities in their own technology.'

[danvandan] 10/9/2021 15:26

Yep, volume picked up a lot this afternoon. The chart price suggests selling pressure, though from the high to the low intraday it's only 1.5% on what has been a very volatile share. No need to panic. In fact, if you're a long-termer and you believe in the business, no need to do anything, but if you bought into the recent rise, vigilance might be in order. GLA

[high park] 10/9/2021 15:03

Volume at the moment is 2mill buys, and 100,000 sells. And we're down!

[danvandan] 10/9/2021 12:02

Not looking terrible so far for the price, but volume seems to be drying up and all of the RNS notices today are showing more sells than buys for yesterday. Two weeks and 4 days left for TPG and Vista to put up or shut up, and then they can't 're-bid' for how long? Is it six months? A bit of a shame that Kingdon mentioned them both in the same notice instead of days apart, but perhaps that was unavoidable.

It could still happen though; imagine the excitement if TPG actually came fwd with an explicit offer of say, £13. The share price might go straight to £14 if there was the slightest chance of a counter offer from Vista - wouldn't be so exciting if it turns out to be a joint-bid, but I am speculating wildly anyway. GLA.

[xtrack] 10/9/2021 07:19

Yesterday's press release (growing demand) let's me conclude:

- management is willing to sell
- press release to underpin a positive business development, to attract more bidders and to drive a takeover price higher

[danvandan] 09/9/2021 20:50

I seem to be making an impression on the fans here. Thank you for the DM wolfie. Since yours appears to be a dormant profile (one of many popping up here!!), I won't be replying directly other than to say that I like to keep my conversation on the open forums and I don't give investment advice - that's best sought from professionals, not people on free chatboards.

The other thing I'd like to say to the aggressive naysayers and the innocent people here is that you should keep in mind who the villains are; hedge funds and insider traders are intent on transferring your wealth and the funds managed by naive fund managers, to themselves. Pump and dump is an age-old tactic. We will not know if that's what's going on here until it's over, if ever, but bid talk frequently comes to nothing. That doesn't mean that Blue Prism isn't a good company, but I am interested in the share price rather than the company per se, due to the current situation. There's a chance that everything is legit here, but I am suspicious for reasons which I've already stated. I am watching with interest and I'll be happy for everyone here if it works out. Of course, if it doesn't work out, I will be saying 'told you so...' 😊

FWIW, Systematica continues to hold firm on its 0.87% short according to shorttracker today, so it's possible that I'm not alone in thinking this way. GLA.

Fancy DMing me from a dormant profile! The larks you people get up to! Are some of you working for the pump'n'dumpers? I am sure that hedgies run social media campaigns now to support their shenanigans, so I shouldn't be surprised if they pop up on advfn. Thanks for the attention. 😊

[rviptn] 09/9/2021 17:37

I don't think the interpretation by members of this forum of the form 8.3s posted by parties affiliated with the identified bidders is correct. That would be the form 8.3s of the likes of BAML, GS, MS, etc. Members of this thread have made the incorrect assumption that trading by those parties affiliated with the bidders reflects trading by the bidders themselves. This isn't the case. GS, MS, BAML, etc make markets for hundreds of traders in hundreds of stocks in the ordinary course of their brokerage business. PRSM LN is just one of those stocks.

Per UK takeover rules, if TPG and Vista had a position in PRSM LN prior to the deal rumors, then they would have had to disclose those positions shortly after the company's press release acknowledging the sale process, and any selling would have been clearly communicated as such. Clearly they are now privy to insider info about the sales process and are very likely prevented from adding to their positions. I think the correct conclusion is that neither of them owns any PRSM LN at this point, which is typically the case in a buyout.

If anyone can point to anything that suggests otherwise, then please let me know!

[bluepeter1] 09/9/2021 13:53

hxxps://www.prnewswire.co.uk/news-releases/blue-prism-sees-growing-demand-for-its-intelligent-automation-across-all-industry-sectors-881314118.html

[jias] 09/9/2021 11:55

I’ve been watching these since mid June’s telegraph questor tipped them as a speculative buy. I bought at 1210p after bit talk. Hoping for a quick profit, but happy to hold and buy more if no bid emerges and share price revisits 900p.

Gambling yes, but better odds than the national lottery.

[hazl] 08/9/2021 21:12

POST 8002

Hmm...2 years 18 posts...I bet there's an alias or two there.
Hold on it couldn't be dan talking to himself could it?

You are right about a few things though.
Yes, they seem to be long and short, trading it either way, and sure we don't know which way it'll go.

Glorified gambling.

[lsoc85] 08/9/2021 20:58

I'm glad you understood my metaphor, Belford. I think you're partially correct re the screech.

It's sort of half scream, half screech, half wail. If obviously it was was made up of 150%.

And I expect such a return from this Lazarus stock, rising from the ashes like a beautiful salmon.

Do you like mixed metaphors as well?

[bluepeter1] 08/9/2021 18:43

Hazl, I know you have been a supporter of BP for years, in that time we’ve had so many of these sock puppets and media outlets bashing the company but year after year they provide stronger results, greater coverage, more awareness. It was only a matter of time before it received takeover interest. It’s also great to see the main competitor see almost $1bn annual revenue and still at such early days of adoption, i mean wow! BP’s got a bright future.

[hazl] 08/9/2021 18:17

Peter when they get personal, you know they haven't a good argument.

I'm not saying this is going down or up.
Who knows?
But he is clearly trying to influence.

[hazl] 08/9/2021 18:13

Funny how frequently he posts.
Clearly worried about his stance or he'd sit back and wait for it to happen.


This is sure to be volatile.
The general markets are all over the place.

We get it you sold.

[bluepeter1] 08/9/2021 18:12

Danvandan, just over a week ago BP announced they have been approached by two parties for a potential takeover, at that point chart trading, assumptions over form 8.3’s, short term movements become mostly irrelevant. Now stop bugging me

[danvandan] 08/9/2021 18:02

Facts peter. Deal with the facts. If your attention is that fragile, maybe you should just stick your money in a building society account; sharetrading doesn't seem to be your thing.

[bluepeter1] 08/9/2021 17:55

You lost my attention at pump and dump

[danvandan] 08/9/2021 17:53

Just checked shorttracker - systematica still holding firm at 0.87% short. Evidently expecting the shareprice to go down and not up. They didn't increase their short though. Still battered and anxious I expect, the same as everyone here, or so it seems.

[danvandan] 08/9/2021 17:29

No one is presenting any facts to suggest that I'm wrong about this being a pump and dump - you're just being fragile and complaining that I'm not on the ramping bandwagon.

Deal with the facts. Take a look at those TPG and Vista disclosures in the RNS feed. Sometimes net purchasing, sometimes net selling. It doesn't look like stake-building to me.

I know this will make some people uncomfortable, but there's no need to be anxious. If you held a loss down to 850p, dropping a little from here will just feel like familiar territory. 😊

And let's not forget that Frank Quattrone is still out there, so another bidder could ride into town at any moment at which point, the sky's the limit! (Well, at least £17...) However, the chart does look like it's about to tip over. GLA

[hazl] 08/9/2021 14:53

He who shouts loudest....somebody sold perhaps?


Only human nature not to want a share to go up without you.

[hughie1234] 08/9/2021 11:03

I like that article - the messaging is clear around Blue Prism capability, rarely mentioned these days due to the weird messaging around the GTM strategy.

[bluepeter1] 07/9/2021 19:23

I sense a bitterness

[danvandan] 07/9/2021 19:13

peter, this is a rather better article that promotes Blue Prism's business, compared to Kingdon's rather abstract piece at the weekend.

hxxps://www.insurancebusinessmag.com/uk/news/technology/insurers-vs-insurtechs--how-do-they-measure-up-309144.aspx

I see a lot of people describing Kingdon as a visionary, and if his mild weekend article is an example of what he thinks is appropriate during an alleged 'bidding battle' for Blue Prism, that might explain the label. He has circa £60m skin in the game and presumably he achieved that through some astute business moves; that's what I'd prefer to see now.

[mccore] 07/9/2021 18:53

Ah yes - I can see the RNS announcements linking Goldman Sachs to Vista. It looks like Morgan Stanley is connected to TPG rather than BofA Merrill.