Gresham Technologies Share Discussion Threads

[nurdin] 03/3/2017 10:04

Thanks Sheep Herder...useful to know.

[sheep_herder] 03/3/2017 09:59

The idea was that blockchains would slowly replace traditional financial methodologies and technology, thereby making products from Gresham redundant.

The most famous blockchain based technology is probably bitcoin.

[inforprofit] 03/3/2017 09:10

Well given all the excitement around this share and how well I have done since investing I intend to go along and happy to post my thoughts on here.

[nurdin] 03/3/2017 08:39

"A blockchain[1][2][3] – originally block chain[4][5] – is a distributed database that maintains a continuously growing list of ordered records called blocks. Each block contains a timestamp and a link to a previous block.[6] By design, blockchains are inherently resistant to modification of the data — once recorded, the data in a block cannot be altered retroactively. Blockchains are "an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way. The ledger itself can also be programmed to trigger transactions automatically."[7]"

So now you know. But I am none the wiser about how it affects GHT !

[double double] 03/3/2017 08:34

Testament to this board, I cannot keep quiet about Gresham! Sure I will.

They must have lots to speak about, they have not been this proactive ever I can remember. I know its a presentaion and not an AGM or similar but I will try and bring up, if no one else does, why those 2 contracts were announced in December when we got no other announcements of wins rest of the year. I dont think that has been cleared up. I am not good in public speaking so I hope someone else raises it.

[gottafly] 03/3/2017 08:30

Just seen this Tweet from GHT, not sure what this means to GHT but clearly they think it is important. Could it be that Blockchain has been over hyped and will be slower to happen?


"Blockchain funding plummeted 54% in 2016" via @theTRADEnews hxxps://goo.gl/J89lhI

[gottafly] 03/3/2017 08:15

The presentation for PI's is a good move and hopefully relects part of the new communication strategy promised in 2017. I hope that those who are able to attend will post their reflections on here - dd, richjp?

[double double] 02/3/2017 20:38

I have also emailed to get a place at the presentation. Not often my investments do so well and I feel so confident about. Not that i have had many investments over the years. Its only Gresham i have stuck by.

[ny boy] 02/3/2017 19:25

Nurdin..any other stocks you are in or looking at this year, you sound very informative on the financials? Tks

[richjp] 02/3/2017 19:04

The fact that they are holding a presentation for PIs sounds encouraging to me.

I have emailed the company and am hoping to attend.

[double double] 02/3/2017 07:59

2 March 2017



Gresham Technologies plc



Notice of results, analyst presentation and private investor presentation

Gresham Technologies plc (LSE: "GHT", "Gresham" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, is pleased to confirm that it expects to announce its results for the year ended 31 December 2016 on Tuesday 14 March 2017.



There will be a presentation to analysts on the morning of the results. A copy of the presentation will be made available on the Company's website at 9.00 a.m. on the day.



There will also be a presentation for private and retail investors at 12.30 p.m. on Wednesday 15 March 2017 at the offices of N+1 Singer, One Bartholomew Lane, London EC2N 2AX. Admittance for the event is strictly limited to those who register their attendance in advance. For further information and to register attendance, please contact Gresham on [e-mail].

[double double] 24/2/2017 13:24

Old FT article not posted anywhere but I like this bit "...will likely move the stock from the sub £100m market zone once and for all”.

Gresham

Gresham, the financial software company that serves banks, said on Monday it expected revenues to rise 16 per cent year-on-year to about £17.2m for 2016.

The company, which has revitalised itself over the past two years with a new chief executive, provides software that verifies and validates transactions, and maintains the integrity of sensitive financial data.

In 2016, it made strong headway in new markets such as the US, according to analyst Cantor Fitzgerald. Cantor said it expected the group to “enter a period of strong revenue growth that . . . will likely move the stock from the sub £100m market zone once and for all”.

Last month, Gresham signed its first contract through its New York office with an unnamed US “tier 1” bank for its transaction control product.

Although Gresham had a fairly uneventful year on the stock market in 2016, its shares are at a 10-year high of 155.6p.

[double double] 24/2/2017 08:45

Just maybe the seller has gone, 15k on the bid and ask, not seen this for a little while. But sill too early in the day. If we clear 162.5p then we are off to the races.

Someone just taken 20k at 162.5p. I have a good feeling going into March.

[miti 1000] 23/2/2017 14:48

Fwiw, the big seller no longer appearing online.Am not convinced he's gone as not seen the trades to justify it but will be watching out for them.

[double double] 23/2/2017 14:42

I get the feeling buyers are slowly returning. Perhaps a run upto mid March results coming out and my hope of share price of 180-200p.

[double double] 23/2/2017 12:02

No need for sorry. I am hoping in future years this margin will rise and rise as Clareti overtakes rest of the business. Some tip sheet said gross margin was 80%+ on Clareti.

'For the current year to 31 December, Cantor Fitzgerald forecasts total sales to climb to £20.3m, up from £17.2m in the year just ended. Profit is set to climb from £2.8m to £4.2m if they are anywhere near the mark. Based on eps of 6.4p the shares may look expensive but further tier 1 wins are expected in the current year. The company already has direct sales offices in London, New York, Singapore and Australia and the 80%+ gross margins on software and very high “drop through” create an exciting entry point. Buy.'

[nurdin] 23/2/2017 11:40

I have been revisiting the the companys financial metrics to see if they justify adding (or averaging down ! ) at the current levels.

Looks to me that with cash worth 10p a share,the cash adjusted pe comes in at around 22x for the current year with earning growth of 33% over the previous year. That gives a decent peg of just 0.6-0.7.This estimate of course ignores further tier 1 wins which are likely to come this year.

I was initially disappointed to see historic operating margins at just 10% and expected them to not change much in the current year (for some reason!).However looking at the forecasts I see Cantor are estimating pretax profits of £4.2m on sales of £20.3m which suggests pretax margins of 25%.Operating margins must then be close to 30% which is what I was expecting.Quite happy now :o)

Sorry about the ramble.

[gottafly] 23/2/2017 11:30

dd

I think in some ways this forum is doing the most GHT promotion.

The information I get is always shared on here.

And at least the tweet is new:-

Communications / PR specialist? Ready for a new role? Join our growing Great Place to Work® company: hxxp://goo.gl/bZQNP5 #Prjobs

3:15 PM - 22 Feb 2017

[double double] 23/2/2017 11:08

They had better find someone soon before this ad becomes embarrassing and stale as it has been on their website for a while now. Lucky for Gresham and investors they are in the right place at the right time.

[gottafly] 23/2/2017 08:25

GHT Communications.

The good news is that they are doing something, the bad news is that they have not recruited as yet, fingers crossed for a good candidate starting soon.

Communications Manager – London

This is a newly created role, reporting to the Global Marketing Director, and an excellent opportunity for an ambitious candidate who is looking to grow with our Group.

The successful candidate will have some experience in delivering exceptional corporate communications in a high profile organisation, preferably working in the technology or financial services sector.

Job Responsibilities

Planning, developing and implementing effective PR campaigns;
Liaising with and developing strong relationships with colleagues and key spokespeople;
Writing and editing in-house communications, case studies, speeches and articles;
Researching, writing and distributing press releases to targeted media;
Preparing and supervising the production of publicity brochures, handouts, direct mail leaflets, promotional videos, photographs, films and multimedia programmes;
Collating and analysing media coverage;
Liaising with and answering enquiries from media, individuals and other organisations, often via telephone and email;
Media event management, including press conferences, exhibitions, open days and press tours;
Maintaining and updating information on the organisation’s website;
Managing and updating information and engaging with users on social media sites
Sourcing and managing speaking and sponsorship opportunities;

Skills and experiences

The successful candidate will have

3-5 years’ experience in a PR or Communications role;
Experience working in the Technology or Financial Services sector;
Excellent written and verbal communication skills, often liaising with senior managers;
Confidence and the ability to distil complicated technical concepts with outstanding attention to detail;
Initiative and proactivity to work independently when necessary;
A relevant degree or professional qualification would be advantageous.

Benefits

Competitive salary
25 days annual holiday plus buy/sell up to 5 days
Company pension scheme matching up to 5% of salary
Private medical healthcare plus life assurance coverage
Flex-benefits platform with £250 allowance. Includes Cycle2Work and childcare voucher schemes
Flexible working hours
Mac friendly and relaxed dress code
Fresh fruit in every office

Apply Now

We are actively recruiting now – please apply online, telling us as much as you can about yourself and attach your CV.

[double double] 20/2/2017 16:22

I think that steep uptrend may have gone. The share price was hanging a bit so not surprised. Wish that seller someone was talking about would sell quickly and leave.

[4-10] 16/2/2017 09:23

very reliable crystal ball in play journeysend.

[double double] 16/2/2017 08:55

I am no technician by any means but RSI dropping like a stone, that steep uptrend I spoke about still in tact and that rising wedge.....the squeeze is coming soon. I think thats what 4-10 maybe talking about.

In any case I was expecting this to trade between 180-200p nearer to mid March at time of results - simply following the trend from last August.

I could be wrong. Please DYOR.

[journeysend] 16/2/2017 08:34

4-10 that is very specific you know something or just wishful thinking?