Blue Prism Share Discussion Threads

[ipsissimosity] 28/9/2021 16:17

I've just dumped all mine. The deal's rubbish - a 35% premium on a price which was itself a 4-year low. I was fortunate to have an average price around £10 but I feel for the investors who put their faith in the company and have been screwed by the board.

[hazl] 28/9/2021 15:31

None of us know though.

[janeann] 28/9/2021 15:30

agree hazl - the way I read the rns its a done deal.

[hazl] 28/9/2021 15:28

I think Joe we have to be realistic and as PRSM are willing sellers,unless somebody steps in it's looking likely that the price is going to be it.

IMO

[joep1] 28/9/2021 15:13

100% agree with hazl
And...this is not over. OK, they are bought, but the announcement shows potential is coming out of this. Also in the market often UIP and AA are replaced by more robust (i.e. auto-corrected) BP, especially in complex arenas like finance

[hazl] 28/9/2021 14:38

Well can't agree there post 8080.
You have been trying to convert us for years but there wouldn't be an offer at all if it wasn't worth having!
We were the enterprising innovators that first started all of this!

Same as over in BOOM where when the stock market is going through a bit of a love/hate with techs they try to get us on the cheap.
The only difference here is that BP is willing to be sold.

[hazl] 28/9/2021 14:34

OT


If anybody's not sure to do with their money when this is all over!
Do look at SilverBullet which I feel has a great future .
It's taking advantage of the demise of the cookie and the start of 4D.

SBDS.

[dannyboylife] 28/9/2021 13:27

I think this price is still very generous. Few supporters here woke up to the fact that with dramatic numbers of competitors and price pressure, all RPA has become a disappointing commodity. If all you read is marketing focused promotion then you have missed what’s really going on in the RPA space. All leading and large Intelligent Automation vendors have acquired now their own more than good enough RPA technology for a fraction of even PRSM price. The AA IPO will be a disaster and UIpath faces a major uphill battle to ever make the type of profits they will soon need to make. Short UIpath? You bet. Bye all.

You have got off lightly. Great product but it’s a poorly overhyped market.

[alextips] 28/9/2021 11:55

Seems the board have accepted the terms for an offer of 1,125. Very disappointing if we sell for that price imo.

[blueflame] 28/9/2021 11:04

It is 5pm U.K. time. Fingers crossed.

[danvandan] 28/9/2021 10:30

All eyes on TPG then. What time is the deadline for making an offer today?

[hazl] 28/9/2021 09:32

They are likely to go down to the offer price but some shorts will have to sell
so there will be some juggling now I guess.

?

[micktravers] 28/9/2021 09:27

We need the British Govt to stop our assets being stolen.

[lsoc85] 28/9/2021 08:59

Jason Kingdon like to blame everyone else but himself. Perhaps he should have looked at his PLC's ridiculous overheads and bloated staff roster before pointing the finger.

[joep1] 28/9/2021 08:58

what about TPG? Anything heard from them? Do they still play a role in this or is it a completely done deal?

[orange1] 28/9/2021 08:25

The low offer price is, erm, because the Brits clearly don’t understand tech ….

“One of the UK’s brightest technology stars today said it was seriously considering ditching its London Stock Exchange listing and move its shares to the US because British investors did not have enough understanding of tech.

Blue Prism chief executive and chairman Jason Kingdon said his £1.3 billion AI company could be worth two-to-five times more if it was listed in the US, and its share price would be far less volatile, with a deeper volume of shares and more investors to hold them there.

He was speaking after Blue Prism’s shares crashed 25% on the back of a trading update several analysts said showed a creditable performance.

“I have to say,” said Kingdon, “the reaction today just proves what I’m talking about. We’ve reported a fifth year in row of 40%-plus growth, we launched nine products in the market last year, and this is the reaction we get.”

[bigboi92] 28/9/2021 08:17

Interesting that shares are still above offer price, seems like market believes there will be another bidder

[janeann] 28/9/2021 08:08

sold the last of mine at the openong bell....11.58. Very disappointing outcome.

[m w] 28/9/2021 07:53

Shorts still have to close

[cocker] 28/9/2021 07:32

Either PRSM is not quite as good as some of us had thought, or it's a bluff to others out there. What does one do, sit tight hoping for a Knight in shining armour or just bank profits.

[hazl] 28/9/2021 07:30

And there's the offer.

RNS

[hatfullofsky] 27/9/2021 22:00

It's low ball, money on another bid.

[danvandan] 27/9/2021 20:56

'People familiar with the matter' are people with something to gain from leaking this news (eg a major shareholder). At a guess, I'd say it was to encourage TPG to put in a bid above 1200p before the deadline tomorrow.