Gresham Technologies Share Discussion Threads

[double double] 23/11/2018 09:24

Our ceo has killed off any excitement in the share price or news around the company for us private investors.

But I am still looking forward to 2019 and 2020 as I mentioned some months ago I think tie ups with resellers and partners etc will kick in and should show a good uplift. Our recent aquisition adds to that expectation.

[jadeticl3] 12/11/2018 12:49

Is richjp correct in saying “we may have to wait for the January trading update, or even the full year results” for the market to start moving GHT share price? That is a long wait for us who think things must be happening, but we cannot be sure.

[amt] 05/11/2018 07:01

Not keen on the decor.

[qantas] 30/10/2018 15:24

Team with @ianmanocha collecting #QueensAward for Enterprise International Trade 2018 from @citylordmayor #Fintech

Please do your own research...

[double double] 18/10/2018 08:33

By Albertina Torsoli
(Bloomberg) -- Idox says it appointed Rob Grubb, previously
CFO at Gresham Technologies, as its new CFO effective Nov. 1.
* Co. cites Grubb’s strong experience in finance roles in the
technology industry, most recently as CFO at Gresham
Technologies from 2009 to March 2018, where he also served as
co.’s secretary for part of that period
* Prior to this, he held the role of group accountant at Lucite
International after qualifying as a chartered accountant with
Ernst & Young, with roles in the U.K. and New Zealand
specializing in financial services and technology

[richjp] 17/10/2018 18:59

Following the appearance of my anagram here yesterday I thought I would give my thoughts on last week’s trading update.

In the circumstances I think it as good as we could have hoped for. I have noticed a couple of other companies recently that had disappointing first half years but reassured the market that things would get better in the second half, only to disappoint again later. I think GHT management have to be credited for saying things would get better and then matching that expectation.

I suspect they will not be able to recoup all the revenue and profit lost in the first half by the year end, so year on year the financials might be OK but not fantastic, however I think that if they do produce a really strong second half, that is what the market will judge them on.

For that reason I think we will have to wait until the January trading update or maybe even the full 2018 financials before we see any major share price recovery, particularly in today’s unsettled markets. We shall see.

[jprich] 16/10/2018 17:03

Not on this thread but thanks for the invite.

[jadeticl3] 16/10/2018 14:15

Thanks for this clarification. But richjp has published many useful comments on this thread over many years, and jprich’s comment was a blank sheet. Did you intend to issue any comments?

[jprich] 16/10/2018 11:11

No richjp has nothing to do with me just unfortunate conincidence in the name and posted in the wrong thread!

[richjp] 16/10/2018 10:55

Sorry, but jprich has nothing to do with me.

[jadeticl3] 16/10/2018 09:47

Interesting post from jprich! Are you related to richjp?

[tacticaltrader] 11/10/2018 09:43

And ANZ is usually used as the test-bed for global rollout.

[the drewster] 11/10/2018 08:41

ANZ partnership looks potentially transformational

[4-10] 10/10/2018 16:23

Note from Holway's TechMarketView

Wednesday 10 October 2018
Gresham rebuilding confidence
The management of Gresham Technologies is beginning the process of rebuilding confidence after the July announcement of a slowdown in growth in its flagship Clareti offering and problems in its Australian sub-contracting business, see here. The share price is 20% below the level in July.

Today’s nine-month trading update for this specialist provider of real-time transaction control and enterprise integrity solutions celebrates the signing up of five new Clareti customers (including three in the US). Several customers have upgraded their subscriptions as usage expanded within their organisations. Gresham has also signed a fintech partnership agreement with a major Asia-Pac bank to help deliver new generation banking solutions. The growth rate of Clareti revenues has perked up a little, to 16%, and the company is working hard to convert a number of opportunities. As presaged in the half year figures, on-boarding these new customers on schedule will be important in determining the full year outcome. It would also boost the level of confidence with which the company enters 2019.

Elsewhere in the Group, the Gresham Cash Management Solutions business (formed around the newly-acquired B2 business) looks to have hit the ground running with two new subscriptions and one upgrade for the Clareti Multi Bank proposition. Gresham management see potential gains in share of wallet across the Group’s customer base as this unit gathers momentum. The legacy businesses also look under control and, with good revenue visibility, unlikely to generate any new surprises.

The next key test will obviously be the full year results and management will be keenly aware of the need to continue to deliver on this Group’s significant potential.

Posted by Peter Roe

[double double] 10/10/2018 09:49

Cantor repeat 250p target this morning.

[planit2] 10/10/2018 09:15

Seems like everything is flying apart from revenue or profit.

I found it incredibly positive until the last sentence where Clareti revenue has improved slightly from 13% to 16% over the last 3 months and profit guidance hasn't improved.

The question is whether these new customers will sign up to more revenue producing services in the future. My question is why the clients signed up 2 years ago don't seem to be significantly increasing their spend so we can see it in the figures. The company still seems dependent on signing new customers to increase revenue more than I would expect.

[jadeticl3] 10/10/2018 08:06

Reassuring??

[double double] 10/10/2018 07:13

The bod remains confident for the year.

[double double] 10/10/2018 07:11

Gresham Technologies plcTrading updateGresham Technologies plc (LSE: "GHT", "Gresham", "Company" or the "Group"), the leading software and services company that specialises in providing real-time data integrity and control solutions, is pleased to provide the following trading update.The Company continues to see strong demand in the market for data integrity and control solutions and has so far signed five new Clareti customers in the second half of 2018, including three in the important US market. In addition, a number of existing Clareti customers have upgraded their subscriptions. The Company has also entered into a strategic fintech partnership with a major bank in Asia Pacific that has significant growth potential, as announced on 26 September 2018.The integration of the B2 Group is now materially complete. The newly formed Cash Management Solutions business is performing at the expected levels and has signed two new customer subscriptions for Clareti Multi Bank and one upgrade since completion of the acquisition on 4 July 2018.The Group's legacy business continues to perform as planned and the Group now has full visibility of all 2018 expected non-Clareti revenues. In particular, the Group's Australian sub-contracting business has signed contracts to deliver a minimum AUD $9M of services over a twelve-month period commencing October 2018.Clareti revenues for the 9 months ending 30 September 2018 are 16% ahead of the comparative period last year (excluding B2 Group) and the Company continues to invest in product innovation and business development. As noted at the time of the interim results, the ability to convert the pipeline of opportunities that the Board expected to conclude in the second half of 2018 is key. The Company is actively engaged on a number of well advanced Clareti opportunities that are expected to contribute to the current financial year, and management therefore remains confident in the full year outlook.

[qantas] 29/9/2018 10:55

Wrapping up after 3 successful days in Geneva @EuroFinance. Fantastic to speak to so many new and familiar faces. Lot's of great conversations had and to be continued! Thanks to everyone who took part in our prize give-away - congratulations to the winne

Please do your own research.

[double double] 26/9/2018 07:09

Gresham Technologies PLC Strategic fintech partnership with major bankSource: RNS Non-RegulatoryTIDMGHTGresham Technologies PLC26 September 2018RNS Reach26 September 2018Gresham Technologies plcStrategic fintech partnership with major bankGresham Technologies plc (LSE: "GHT", "Gresham" or the "Group"), the leading software and services company that specialises in providing real-time data integrity and control solutions, is pleased to announce that it has signed a contract with a major bank in the Asia Pacific region to provide a financial technology innovation service to the bank to help deliver a new generation of digital banking solutions, leveraging established Clareti intellectual property. The innovation service will involve joint development activities, will be delivered through the adoption of an agile, collaborative approach, and is expected to continue into 2019. The contract is in relation to the first phase of the innovation service to be provided and further details of this important partnership are expected to be announced later in the year as the development of the digital banking solutions progresses.Enquiries [phone] Gresham Technologies plc 0200 Ian Manocha Tom Mullan [phone] N+1 Singer (Joint Broker) 3000 Shaun Dobson Lauren Kettle [phone] Cantor Fitzgerald Europe (Joint Broker) 7000 Marc Milmo Catherine Leftley Note to editorsGresham Technologies plc is a leading software and services company that specialises in providing real-time data integrity and control solutions. Listed on the main market of the London Stock Exchange (GHT.L) and headquartered in the City of London, its customers include some of the world's largest financial institutions, all of whom are served locally from offices located in Europe, North America and Asia Pacific.Gresham's award-winning Clareti software platform has been designed to provide financial institutions with complete certainty in their data processing. Clareti is a highly flexible and fully scalable platform for ensuring the integrity of data across an enterprise. It is designed to address today's most challenging financial control, risk management, data governance and regulatory compliance problems.This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.ENDNRAGMGZLNKMGRZM(END) Dow Jones NewswiresSeptember 26, 2018 02:01 ET (06:01 GMT)

[double double] 25/9/2018 09:01

Yes it has become very dull indeed.

I want a ceo that likes to talk about his company. I want a ceo that is a bit more ambitious and knows he is working for a tech company in the cutting edge. Our ceo has removed any fizz from our "tech" company. Fintech is moving at breakneck speed and we are not. If we are not careful AI, IoT, blockchain, new fintech companies, other new technologies will pass us by.

I am still underwelmed by our CEO as he did inherit alot of good news but hasnt been able to build on it, in fact as the last set of news shows, the opposit.

[amt] 24/9/2018 21:34

What a dull share this has become. Worried that we haven't had any contract news since July.