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Share Name Share Symbol Market Type Share ISIN Share Description
Gresham Technologies Plc LSE:GHT London Ordinary Share GB0008808825 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  4.00 2.33% 176.00 172.00 180.00 176.00 172.00 172.00 3,639 15:23:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 24.8 0.3 1.8 95.7 124

Gresham Technologies Share Discussion Threads

Showing 12676 to 12699 of 12700 messages
Chat Pages: 508  507  506  505  504  503  502  501  500  499  498  497  Older
DateSubjectAuthorDiscuss
14/4/2021
22:27
Https://info.kpmg.us/news-perspectives/advancing-the-profession/using-ai-to-reconcile-data.html?utm_content=f40c4dee-67d1-4b9c-920a-59a1fd63c15c
qantas
10/4/2021
09:30
Https://www.finextra.com/newsarticle/37808/fintech-is-here-to-stay-says-jpmorgan-chief-jamie-dimon
qantas
01/4/2021
19:26
Https://www.fintechf.com/01-news/spuerkeess-selects-gresham-technologies-clareti-control-solution/
qantas
01/4/2021
19:21
Kestrel buys. Gresham Technologies Plc Https://uk.advfn.com/stock-market/london/gresham-technologies-GHT/share-news/Gresham-Technologies-PLC-Holdings-in-Company/84736475
qantas
01/4/2021
10:18
Notice of AGM is as per below - May 10th - can't wait. And apparently you can attend digitally! Gresham Technologies plc Notice of Annual General Meeting and Dividend Timetable Gresham Technologies plc (LSE: "GHT" or the "Company") announces its intention to hold the Company's Annual General Meeting 2021 (the "AGM") at its registered office at Aldermary House, 10-15 Queen Street, London EC4N 1TX, at 11.00 am on Monday 10 May 2021.
gottafly
31/3/2021
10:41
Qantas - thanks for pointing this out, good news indeed and although not deemed RNS material, this win makes it three (that we know of) in March. I have long been critical of the GHT communication policy, at one stage we had every new deal subject to an RNS and then there was a volte face with no radio silence and no new deals being announced. Whilst I fully recognise that GHT supply enabling software (plumbing if you like) and therefore a new sale is not always newsworthy, especially from a customers perspective, this is very encouraging. Clearly GHT view this is newsworthy and the customer is happy to be associated with GHT/Clarity, so very good news indeed in my view - and an EU institution to boot! I think this is another example of the new 'mood music' and determination from the new board and very welcome it is. I guess the question is will further new (non RNS worthy) contracts be announced or is this a special case, fingers crossed we will see more. Given these three new wins in March, although some way off, I am very much looking forwards to the half year results!
gottafly
30/3/2021
19:12
New win Luxembourg’s leading bank, Spuerkeess, selects Gresham Technologies Clareti Control solution Https://www.greshamtech.com/press-releases/luxembourgs-leading-bank-spuerkeess-selects-gresham-technologies-clareti-control-solution?hs_amp=true&__twitter_impression=true Please do your own research as always.
qantas
27/3/2021
10:43
Qantas - thanks for pointing this out. A very interesting and very relative blog post from GHT. It addresses the issue of legacy systems and explains that that it doesn't have to be a huge problem to replace them. I personally know how tough it can be dealing with historical data and legacy systems, the 'easy bit' being the new system the really 'hard bit' being the cut-over from 'old'. Specifically GHT state:- "But in the current complex environment, large scale transformation projects are not necessarily appealing. Budgets and resources are under pressure. And with such a big challenge, there’s a risk of failure. Who wants to put their neck on the line with a high risk, complex undertaking? The process of tackling legacy technology has come on leaps and bounds over the past couple of years. A truly data agnostic platform can take a lot of the initial project pain away, working with what you have rather than requiring months or even years of slow, costly transformation work before you start seeing results. Modern, cloud-native technology gives you the power and scale to ensure results that grow with your business, not something that you have to repeat in five years." So it seems that perhaps rolling over the installed legacy system base isn't quite as daunting or time consuming as I had thought. It really does seem that GHT with Clareti have all the pieces in place, very encouraging indeed, time to make it happen.
gottafly
26/3/2021
21:18
Https://www.greshamtech.com/blog/legacycontrolscostofdoingnothing?hs_amp=true&__twitter_impression=true
qantas
24/3/2021
19:46
I was not very impressed with the yahoo analysis and not just because I am trying to view GHT through rose coloured spectacles. It looks to me as though they probably fed the data from a large number of companies through a modelling programme to find out any with statistical anomalies. I agree that the SaaS model is different but in the longer term should be beneficial. Most industry pundits seem to be in favour of SaaS but not many seem to know how to put a value on it. One downside is that you still have the cost of sale which will be high in a twelve month sales cycle. Sales staff will have some sort of commission incentive and sales support staff used to receive sales bonuses in my day as well. The result is that although the cost of sale is largely incurred up front, the revenue comes over a number of years. The first year licence income may not be very profitable but the subsequent years will be extremely profitable and most GHT customers renew after the initial period. In the first year however you can expect a significant amount of consultancy income concerning from implementation. The article also pays scant attention to GHT's position in the marketplace. In summary this is not much to be concerned about.
richjp
24/3/2021
19:29
I really need to read the account properly but thanks ZipStuck for this "high levels of contracted backlog of Clareti services for ongoing implementations and innovation services" That is the first time I have seen this which is a good problem to have, hopefully they can increase capacity quickly to capitalise, we don't want potential customers being put off due to waiting times.
planit2
24/3/2021
19:26
The article was garbage, they just used some accounting tools but didn't adjust anything for the company. The change to SAAS screws up the figures because accounts are only good if you can compare like for like across year. The more that changes the more problematic the comparisons. Moving to a completely different charging model is a huge change and you lose a complete sales cycle moving to SAAS. SAAS usually has a higher valuation because the income is very predictable in the future. As soon as there are a couple of years of consistent growth with the SAAS model it is much easier to value the company and it will be clearer to people and algorithms whether the company is undervalued or not. If the forward predictions match the backwards performance (as GottaFly's post addresses) this will add further to confidence and higher valuation. We should all probably read up on an X times sales valuation model and how to build in the growth. As mentioned before, I find it hard to believe that they won't be taken over if this product is as good as they say.
planit2
24/3/2021
14:11
zipstuck agree that the analysis is somehwat historical and not forward looking as per my earlier note. The problem is however that this has some negativity about it, albeit the members on this board I am sure would not agree. My point is that because there is some negativity about and 'mud sticks'. Also, I would repeat that an SAAS valuation is complicated and open to judgement/interpretation so again this has an unsettling effect. Totally agree however that with the new board GHT is well positioned either by way of organic growth or M&A.
gottafly
24/3/2021
13:43
The simply wall street article looks at historic figures. The companies outlook suggested a number of deals in the pipeline. The recent contract awards together with the December contract award underpin the growth story using SAAS and reliability of earnings. With promised M & A it should not be valued on historical earnings. "Overall, we have further increased levels of revenue predictability throughout the Group. This predictability comes from the significantly increased Clareti recurring revenue base, which has been complemented by the Inforalgo acquisition, high levels of contracted backlog of Clareti services for ongoing implementations and innovation services and a high portion of the non-Clareti portfolio already being under contract for 2021. This was the case as we entered 2020 and is the case to an even greater degree as we enter 2021. With this in mind, we continue to invest in the Clareti business, namely in distribution, product and customer success, in order to ensure that we are best placed to take advantage of the significant market opportunities."
zipstuck
24/3/2021
10:57
Jadeticl3, surprised you see my last notes as ominous, it was certainly not meant to be. I think most people on here believe, as apparently house broker N1Singer does, that GHT is undervalued and should have a higher share price I have been highlighting some industry coverage which shows that GHT does not have 'universal support' whch perhaps, in part, explains the share price level. planit2 made a very good point about the switch to SAAS/ARR was a major cause of the headline non performance, so with the switch completed in theory the share price should be higher baxsed on a SAAS model. Whilst I am certainly not an expert the valuation of an SAAS company is complicated and takes into account a number of measures. so I reckon it is very subjective. The fact (sadly) remains that the headline GHT growth has been behind the industry average and that growth in the last five years under IM's leadership has been below par. However, GHT now state that they have everything in place - product offering and sales team - to drive the business forwards, hence the statement that no further bolt-on acqusitions are planned. Further, the new board appears to have a plan B with the statement that transformative M&A will be considered. This underlines the new boards determination to deliver shareholder value (at last) so I think prospects are very good but as has been mentioned previously some continued patience, as regards the SP, will be required. As always DYOR
gottafly
24/3/2021
08:28
Qantas poor garbage I love it what we need is rich garbage. LOL
4-10
24/3/2021
07:59
Jade I rate it as very poor garbage.
qantas
24/3/2021
07:52
QANTAS, how do you rate the article shown by GottaFly above? It sounds very ominous to me!!
jadeticl3
23/3/2021
16:47
The last 5 years has seen the move over to SAAS under IM's watch. Moving to SAAS is painful for the share price as the company can't show increased profits but will still be rated by the markets under the old system for a while. Now this transition has been completed the share price can be rated as a multiple of sales. This is why N1Singer thinks the share price is undervalued, they are working completely using SAAS valuation metrics as they know the company well. I was surprised that the share price dropped back so quickly from the 175p peak, in my opinion the recent news is worth considerably more than the 5p per share increase.
planit2
23/3/2021
14:03
Just been sent this link which is a GHT analysis report dated just 2 days ago, a good read in my view. https://uk.finance.yahoo.com/news/gresham-technologies-plcs-lon-ght-032721477.html The headline is "Gresham Technologies plc's (LON:GHT) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?". The analysis is quite comprehensive and highlights the lack of performance in the past and concludes with the statement - mixed feelings about Gresham Technologies. With GHT, IMHO it is all about what GHT can deliver in the future with the Clareti (industry leading) product set. And, as if to underline the share price volatility, today we have had one share trade on one share!
gottafly
23/3/2021
10:31
Well another positive signing announced yesterday and the second new 'fresh' deal this month and a new usage to boot. I think this clearly shows that if you have no legacy system then Clariti is the product of choice. planet2, you are correct that GHT stopped posting each new deal as an RNS some time back. They moved, thankfully in my view, to a more measured approach, with only significant wins being individually announced. The problem with this change though was that because GHT provide 'enabling software' (and therefore are not naturally front page news) this exposed the poor level of their other news channels - social media, blogs, white papers etc. GHT went from 'overkill' to largely 'radio silence'. Getting the right message to the market is not something that GHT has been particularly good at (which doesn't help share price stability) but as I posted earlier I get the sense of a significant change of 'mood music' and determination from the new board. Borisjohnson, you are correct about the GHT share price being circa 110p when IM took over and yes no great progress, despite the strong product offering, over his 5 year tenure. This is really time to deliver and I say again, I think the new board are very focused on achieving share holder value, hence the transformative M&A statement. Getting back to the share price I believe it is at a crossroads, apparently somewhat stuck in the 150's yet with N1Singer stating they believe it is undervalued. As an example, Yahoo finance are predicting 180p within the next 12 months, good but not earth shattering. Whilst it is great to see these two new significant deals, they did not replace an existing legacy system, which is where I beleive the real prize is and I believe is the basis for the transformative M&A statement. IM has stated that replacing legacy systems takes considerable effort and has protracted time scales, so this is a long hard slog hence the search for a better way. Watch this space! As always DYOR.
gottafly
22/3/2021
21:45
Planit2 So sorry I don't know.
qantas
22/3/2021
20:29
Qantas, do you know which company it was?
planit2
22/3/2021
18:35
News alert: Gresham Technologies partners with one of the world’s largest professional services firms to #digitize its #audit practice in the US Well done dear US colleagues!!! Keep the pace! Deloitte remains world's largest firm The top 10 in full: Deloitte - £27.67bn. PwC - £26.81bn. EY - £22.34bn. KPMG – £18.78bn. BDO - £5.78bn. RSM - £3.62bn. Grant Thornton - £3.56bn. Crowe Horwath International - £2.71bn. Please do your own research as always.
qantas
Chat Pages: 508  507  506  505  504  503  502  501  500  499  498  497  Older
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