Blue Prism Share Discussion Threads

[doesb003] 22/5/2017 12:06

Don't forget: IPSoft, Openspan, Arago.

To introduce myself; Been following this thread (and Blue Prism) since june last year when Hazl was basically the sole contributor. ;-)Average buy at 1.60 and been sitting still ever since. Recently this stock has been scaring me. While I truly love the humongous rise, I keep wondering whether there is a solid foundation or are we on a hype train. All I can say is that I would love to see where this stock will go in the next 5-10 years. Hope I've got the guts to stay in if the current trend will continue.

[dan_the_epic] 22/5/2017 11:41

Blue Prism, UiPath, Automation Anywhere, Contextor, Edgeverve, Kofax, NICE, Pegasystems, Redwood, Kryon, Workfusion, Softomotive

[hazl] 22/5/2017 11:37

I do think we have first mover advantage here though.

[hazl] 22/5/2017 11:36

Yes will have to look back. We had this discussion before.
Very short of time today though.

[sogoesit] 22/5/2017 11:26

Good man nimbo!
Does anyone know who the competitors are to PRSM?

The only two that seem to be in the same business that I can find are Uipath and CGI-Group.
Someone posted above, Dan_Epic I think, and said that four were mentioned at the latest CMD. Do we know who they are?

[nimbo1] 22/5/2017 11:11

I have signed up to the london event on june 21st. So will report back!

[hazl] 22/5/2017 10:37

thanks John

[adilzaidi786] 22/5/2017 10:19

There will be lots of profit taking in or around results time but this looks like it's got a good future so I'll either hold all or top slice a bit

[petewy] 22/5/2017 09:31

We have more than doubled in about 5 weeks.
Now we will stall for a while if not go down.

[adilzaidi786] 22/5/2017 08:48

This just keeps going up! Great!

[hazl] 22/5/2017 08:29

Thanks bamboo for reminding me about ECSC .

[hazl] 22/5/2017 08:28

Indeed I have felt much the same about robotics and AI.
I also agree completely that you have to make some decisions about what you believe or you would not do anything.

If the stock market is going to be a tricky place, more than ever, you have got to be in the right firms or you will be waiting a long time.
I certainly think technology is where it's at and Blue Prism clearly is spot on.

Thanks for your reply.

[tdog1975] 22/5/2017 08:14

Nine pound paid for a share.... phew it's getting hot in here

[janeann] 22/5/2017 06:57

interesting, informative and htought provoking post sogoesit. thankyou

[sogoesit] 22/5/2017 05:41

First off, hazl, we can't know the future so we're speculating...
My point was that there are trends, or themes, that business and markets catch onto and these turn into waves. How big those waves are, or whether they just peter out into nothing, we have no idea about.
Is RPA as big a trend as the tech boom of the '90's? I doubt it but don't know. But certainly there is an underlying drive to improve productivity in the UK and US and RPA is a means to this end. It's not the trend but a possible trend within a bigger trend like, say, the mechanical robotics that has been going on for decades now or Augmented Reality etc.
Which of these will make good returns, and for how long, who knows?

First moves are always chaotic, and therefore give rise to opportunity. We're right to be sceptical with our money, and listen to the sceptical messenger,... but not to be so sceptical that we end up on the sidelines watching the dance and never benefitting from the opportunity. In my view, seed an idea... see how it goes... if it fails we learn by participating and move on!

The overall economy... yes, sure, interest rates are a concern in the economy. But are conditions different in the cycle post-financial-crisis from "abnormal" low rate conditions this time round? It seems that interest rate rises are only going to be returned to "normal" as the western economies improve. Any sign of damage and they're likely to go nowhere.
Further, if the economy is acting poorly, wouldn't productivity be a key tool to use to improve profitability?
[Reasons for low productivity and lack of capital deployment versus labour deployment in western markets is due to relatively cheap excess labour supply in my view. If labour supply is constrained the drive for productivity will change I bet. But that's another story for debate!]

[hazl] 21/5/2017 18:35

I also remember the tech boom but was fairly new to it, so goesit.

I must admit I hadn't correlated the two things together.
Do you really think it would be in the same magnitude?
It seems to me that we were clearly in a boom before and every time they reduced the rates over in America the Dow jumped.
Now they talk of raising rates, though, it is questionable whether the economy is strong enough.
I am not sure what to think.

Interesting.

[hitsha1] 21/5/2017 14:01

I think this one will be super tech boom, if softbank has raised 93b to invest in tech companys, specially AL, Big Data, and IoT, so guys either you in it to make money with some risk.

[sogoesit] 21/5/2017 13:47

No, bamboo. Will take a look.
I took a look at SOPH a day or so ago, on my watch-list, but have discarded that one.
Thanks in advance.

[hitsha1] 21/5/2017 13:46

Yes i remember, Alan Greenspan,its all about the growth right now, so i do see this going £50.

[bamboo2] 21/5/2017 13:29

Sogoesit, have you seen ecsc?

[sogoesit] 21/5/2017 13:22

If this is part of a tech boom better get into it.
I "played" the US Tech Boom between 1995 and 2001 & multiplied my starting stake by 80 net (I.e. including my 30% loss in 2001 by being late to sell-out).
Multiples in the US at that time (of "irrational exuberance" remember?) were well in excess of 100 in some stocks. £50 target in a few years for this stock is not out of bounds imv if the market catches a trend.
Good luck!

PS. The thing is these things (trends, themes, call them what you will) come along once every generation; big theme, big speculation. The last one was the Commodities Supercycle driven by China after the Tech Boom. And, the oil price "boom", and "bust", has come along 3 times in my career. With the uncertainty there's always opportunity. The thing is to place a bet, anything you feel happy losing completely, then either let it ride or compound it if you have a trading mentality. But the latter is exhausting work mentally!! All imho.

[hazl] 21/5/2017 10:27

Nothing is certain in life it's true.

[dan_the_epic] 21/5/2017 10:25

Just to maintain balance, how can you even predict this will go to £50. That's ludicrous at the moment. It doesn't yet even make a profit, and it's on a double digit sales multiple.