Gresham Technologies Share Discussion Threads

[double double] 29/11/2017 14:18

Gresham Technologies Non-Deal Roadshow Set By Cantor for Dec. 6
2017-11-29 12:00:24.132 GMT


By Bloomberg Automation
(Bloomberg) -- Cantor Fitzgerald is hosting a corporate
access non-deal roadshow for Gresham Technologies Plc in New
York on Dec. 6.
WeConvene provided the following details:
==============================================
Title: Gresham Technologies PLC (GHT_LN) - CEO Roadshow
Summary: Cantor Fitzgerald analyst Joe McGlone will host a
Non Deal Roadshow with Ian Manocha, CEO of Gresham Technologies
PLC on December 6, 2017 in New York.
Management/Speakers:
* Ian Manocha, CEO
* Joe McGlone, CFE, Executive Director - Institutional
Sales/Corportate Banking

Host Contacts:
* Corporate Access, #[e-mail]

[tacticaltrader] 23/11/2017 16:30

I reckon that's the buy order filled. Be interesting to see over the next few days if that's the case - those 195 trades over recent weeks probably tot up to the 200 trade today , give or take.

[amt] 23/11/2017 15:51

Whats that million quid purchase at 2 quid about and why hasnt share price gone up.

[double double] 20/11/2017 16:39

What that peegroup clearly shows is a mismatch between peers and GHT for 2018. Its there in black and white.

We were all very sceptical of the 2018 forecasts right from January if I recall.

There is being cautious and there is keeping the price depressed.

[tacticaltrader] 20/11/2017 15:47

These trades going through at £1.95 have been going on for weeks. Historically it would appear that such an accumulation of sells would have brought the share price down a considerable amount. Is someone accumulating? Anyone any (sensible) ideas?

[gottafly] 20/11/2017 12:37

dd I think my post 6813 highlighted a mismatch between the 2017 GHT performance and the forecast 2018 performance and that as from 2018 GHT becomes significantly out of step with its peers. The explanation of this in the 'public domain' is the significant drop in 2018 growth for GHT (down to 7%) and there is no contradictory information other than a general scepticism for the broker forecast.

Sorry but I think GHT management (and particularly N1Singer) will be very mindful of the past, not necessarily the distant past (although that is unhelpful because you can potentially see a pattern of over selling GHT's prospects albeit this is entirely new management) but the share placing in December 2013 and the subsequent profits warning must still resonate. If you were cynical then you might think that this backdrop gives the opportunity to down play prospects and then substantially over achieve which perhaps provides for a significant profit potential for someone.

We are very near the end of 2017 so we shall soon see if this the the Challenger to Champion year that has been 'promised' is realised. What is very clear is that N1Singer are not buying into it (at the moment) although the actual wording of their latest broker note is extremely positive (as was the previous one).

As always DYOR.

[double double] 20/11/2017 08:54

Gottafly
It was richjp who said we should not be looking at the share price in the past of 450p as it was over a decade ago. That period was now irrelavant. You are guessing the company and broker are also looking back at the past. Forecasts are usually of the future and not the past.

You clearly demonstrated in your post 6813 GHT against its peers... the share price is being manipulated with the dodgy 2018 broker forecasts, against the interim results its even more stark.

[gottafly] 16/11/2017 16:42

dd, generally speaking you do want a strong share price because this shows confidence in the company. However, what you definitely do not want is an overheated share price where at some point it will fall back significantly just because of the loss of market sentiment (hype) rather than actual business performance. This has happened to GHT in the past so I think management (or perhaps more likely N1Singer) are very wary and do not want a repeat of this. The danger of this 'restraint' is that the share price becomes under valued but this is a very personal view, if you take note of Qantas the share price is currently overvalued and is heading for a correction before the year end, his prediction 165p I believe.

[double double] 16/11/2017 08:35

Gottafly we have spoken about the false market here. Dodgy 2018 forecasts are part of this. I still dont get how the company benefits from a depressed share price.

[gottafly] 15/11/2017 15:50

dd thanks for the info, very interesting.

By market cap, GHT are 7th out of the 8 European banking-related peers. GHT P/E for year 1 is 31.7 and the mean average of the group is also 31.7. However, in year 2 (which I think is 2018) the GHT P/E drops a little to 30.3 but the mean average of the group drops to 16.4. This again seems to highlight the issue of the GHT 2018 forecasts where growth slows dramatically to circa 7%.

[double double] 15/11/2017 14:54

Some very interesting research on fintech, Gresham amongst them in the peergroup but tiny in comparison so plenty of upside, you have to scroll down to Peer group valuation

[gottafly] 11/11/2017 09:45

dd surely the share price stalling is normal for GHT, it seems to leap forwards and gently fall back before leaping forwards again.

The next few weeks are critical for GHT, given their recent trading statement it would seem unlikely that the 2017 numbers will not be met, so the question is will these be exceeded and/or a great pipeline produced for 2018. As you know the 2018 forecasts show modest growth of some 7% rather than the 30% plus we have got used to. So we do not have long to wait presuming an early January trading statement.

If the promised 'break through' (Challenger to Champion) does not happen then I would question GHT's long-term (or even short-term) independence, the analysis of the Risktech100 rankings I produced points (in my view) to GHT being an obvious acquisition target. An established industry player could resolve the challenges of Functionality, Customer Satisfaction and Market Presence in very quick order.

[gottafly] 10/11/2017 15:48

Gresham seem pleased with their Risktech100 ranking

Gresham‏
@greshamtech
23h
More
We’ve moved up the #RiskTech100 ranks to No.36. Proud to still be leading the way in #dataintegrity hxxps://goo.gl/Y9S3Xz #risktech

[double double] 10/11/2017 11:50

Well done for that. Not in such an industry so not sure about details of it.

Back to the share price I dont like the stalling, we have to move up soonish otherwise may get a little worrying.

It would be nice if the company and its brokers promoted the company a bit more. I know there was a presentation/roadshow in the summer but that now seems a token gesture.

[gottafly] 10/11/2017 08:41

dd

I have managed to get a copy of the 2018 report, it can be found here - hxxp://www.chartis-research.com/research/download/RR1722/X12RR172234

It seems that GHT has only risen 2 places from 38 to 36, they were at position 43 in 2016 - so a steady/slight improvement. That said, a lot of companies are bunched together, if GHT's combined score was 60 (not 58) they would be in 24th place!

The individual scores (from the test categories) are:-

Functionality 58 plus 2 over 2017

Core Technology 53 plus 1 over 2017

Strategy 62

Customer Satisfaction 58 plus 1 over 2017

Market Presence 54 plus 2 over 2017

Innovation 59 plus 2 over 2017.

If you rank GHT in each category then you get:-

Functionality - 62nd position

Core Technology - 20th

Strategy - 13th

Customer Satisfaction - 40th

Market Presence - 48th

Innovation 32nd.

So what do these number say ?????

that Functionality needs addressing or is it that as essentially a 'plumbing/enabling' software it is difficult to score highly here

that the Core Technology is very sound

that the Strategy is very good

that Customer Satisfaction is ok but needs some improvement

that Market Presence remains an issue despite recent wins and the C24 acquisition, so clients wins need to be the focus

that Innovation is respectable but not at the forefront.

As always DYOR and come to your own conclusions.

[gottafly] 09/11/2017 16:54

dd

Agree that December could be very good and I hope that your predicted share price is correct, so way to go though. The issue as we have said before on here is that the information flow from GHT is very scant hence why I posted an unusual (for GHT) number of tweets.

Great news regarding continued progress in the RiskTech100, any idea where/when we can get hold of the report since it will also flag up the competition. In my view this alone is worth a few pence on the share price

[double double] 09/11/2017 16:31

Gottafly
Its easy to skate around brokers targets... harder to stand on your own two feet!

We still have all important December to come.

[double double] 09/11/2017 16:29

Gresham moves up the Chartis RiskTech100®
9 November 2017

London, 7 November 2017 – Gresham, the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions, has increased its rating in the Chartis RiskTech100® 2018 report for the second year running.

This is the third year Gresham has been recognised in the top 50 of the RiskTech100®, rising a total of 7 places to 36. Data Integrity and Control remains a key element of the Chartis report, of which Gresham were titled the category leaders, and has been highlighted as ‘fundamental to digital transformation’;.

Rob Stubbs, Head of Research at Chartis, commented,

“Gresham continue to make their way up the RiskTech100® table. AI and ML are key features of Data Integrity and Control and Gresham continue to demonstrate the ability to utilise these technologies effectively.”

Ian Manocha, CEO at Gresham, said,

“Data Integrity and Control remains at the top of the agenda for firms with many investing in specialists specifically for this area. Our continued client wins, along with our continued rise in the RiskTech100® is testament to our expertise and innovation in this space.”

[gottafly] 09/11/2017 16:07

Seems that Gresham have been very active at FIMA.

Gresham‏ @greshamtech Nov 8
More
Great start to the @FinData event this morning! Don't forget to stop by the Gresham stand for your #FIMA whitepaper report on "Defining Your Data Strategy"

Gresham‏ @greshamtech 7h7 hours ago
More Gresham Retweeted FIMA Conference
They are going like hot cakes with only a few copies left so please stop by the Gresham stand!

FIMA Conference‏
@FinData
Follow Follow @FinData
More
Pick up your exclusive copy of ‘Defining Your Data Strategy: A FIMA
Whitepaper’ from the Gresham stand now! #FIMA

Gresham‏ @greshamtech 2h2 hours ago
More
.@bill_blythe will be having a #FIMA fireside chat on how to improve the overall integrity and consistency of your data in the future! Please join us in stream A: Optimising Data Quality Management #dataintegrity #datagovernance

Gresham‏ @greshamtech 34m34 minutes ago
More
Frictionless data takes leadership, investment and strategy! How about putting it on your balance sheet as an asset. #FIMA #dataintegrity

From these tweets it looks like strong interest in CTC, hopefully helping to build the 2018 pipeline and you never know, perhaps a deal or two has been signed.

[jadeticl3] 07/11/2017 15:35

I may be the winner at the moment but I DONT WANT TO WIN!

[gottafly] 07/11/2017 08:32

All gone very quiet with GHT and also on here.

DD hope your correct about another surge towards your predicted share price of 260p come the year end but the current winning (SP at 198.5) group is

199p jadeticl3
199.50p shytalk/gottafly
200p noble3r
200p richjp

Perhaps FIMA Europe, which is on tomorrow and Thursday, will create some news/movement.

[double double] 25/10/2017 11:19

Nearly there we could start to move again next week. It was always to going to take a breather after rising from 179p to 205p.

Just thought of something how will Gresham react if interest rates rise next month, will we rise along with the banks and financials.

[tacticaltrader] 24/10/2017 19:37

the trade was cancelled - fat finger error probablywww.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?fourWayKey=GB0008808825GBGBXSSQ3

[gnnmartin] 24/10/2017 18:58

How on earth did someone manage to pay £2:29.5 per share for 1,500 shares, 29.5p above the offer price!

[qantas] 20/10/2017 09:22

GottaFly cash burn sponsoring.

Please do your own research....