Gresham Technologies Share Discussion Threads

[schytalk] 12/6/2016 08:50

Agree that financial performance is the name of the game, roll out time and time to get serious!

The management do seem very confident but given the dropping share price I would have thought they would have had a duty to announce a major new signing as soon as., especially as there have been director buys.

On the other hand it is very good news that they want major signings to be ordinary business, perhaps a long game is in play here but at some point the share price must surely react.

[richjp] 11/6/2016 19:10

jadeticl3, if only I were that well connected.

Contract announcements have not moved the share price much in recent times, so that type of knowledge is hardly special for an insider. The directors have lots more information than that anyway including cash flow, profitability, total orders, rollout schedules etc.

I think it's the knowledge of the financials that matter most.

[jadeticl3] 11/6/2016 16:19

I can't argue with your logic richjp, so you are probably correct, but is this in the spirit of stock market rules? If Kestrel know this but the rest of us do not does this not present an opportunity for insider dealing.
I think management are sensible to not disclose each and every deal if the deals are individually not significant, But when they are significant, and when they also make up part of a forecast (big contract win in Q2) I would like them to tell me ASAP.
Please mention this to Ian when you next dine with him!!

[richjp] 11/6/2016 12:49

It was at the AGM that I attended that they mentioned that they expected another major account win in Q2.

However the RNS issued on the same day states "We look forward to reporting further business progress in the second quarter and will provide a further update at the interim results."

That implies to me that even if the contract is already signed they do not intend to announce it until the interim results, possibly to manage the expectation level.

Last year the interims were announced on 10th August.

[mick bell] 10/6/2016 11:43

Probably not an institution, looking at the price and type of trades I suspect this was most likely Ian Manocha's 75,000 purchase and another 250,000 from the
Gresham employee share options.

A large part of the remaining 88,000 I hope are from friends and families buying on tips from the above employees, so agree, we could have some good news coming soon and interesting times ahead perhaps.

fingers crossed ;-)

[schytalk] 09/6/2016 17:52

Considerable share volume today and at the 96p level, looks like an institution has/is being in, hopefully we will find out the buyer. Interesting times ahead me thinks!

[amt] 09/6/2016 08:18

Sorry my mistake. I checked back you are right it was the big one in Q2 and more business later in the year.

[schytalk] 09/6/2016 08:14

I thought Q2 was the expected timing for the next for a 'big win'. Nonetheless clearly the management have more faith than the investors! Cannot recall the previous CEO, who I was not a fan of, making such a commitment. Could be wishful thinking but perhaps we are on the cusp of a share price break through.

[amt] 09/6/2016 07:59

I thought the big contract win was penciled in for latter in the year.

[schytalk] 09/6/2016 07:56

Agree that is a really positive move, in theory it underlines the case for significant business improvement and contract wins in the not too distant future. Mind you we are well into June and no sign yet of the expected major new sale. Still I think this underlines the fact that the management have confidence that is not reflected in the share price.

[amt] 09/6/2016 07:39

Interesting. So it was the CEO who bought those shares not Kestrel. That's a big outlay and a significant buy so after a year in the job he has obviously decided to back his view of the company with his money.

[amt] 09/6/2016 07:39

Interesting. So it was the CEO who bought those shares not Kestrel. That's a big outlay and a significant buy so after a year in the job he has obviously decided to back his view of the company with his money.

[amt] 04/6/2016 08:26

Looks like more Kestral buys in last couple of days, we will see if anything reported next week.

[jadeticl3] 04/6/2016 08:13

Shares move up for no obvious reason. A partial correction of a move down for no obvious reason!

[qantas] 28/5/2016 10:45

hxxp://partners.wsj.com/the-business-debate/tomorrows-business-today/technology/the-challenges-of-real-time-finance/

"If banks are to be competitive...they need to get on top of technology innovations"

[schytalk] 26/5/2016 18:32

They bought at 99p

[4-10] 26/5/2016 16:07

kestral just announced a purchase of 75k shares if they were purchased at 95p that could be the reason for the mark down.

[schytalk] 26/5/2016 12:34

Reckon it is a 'ruse' to try and get some volume in the share, to flush out if there are any sellers out there.

[jadeticl3] 26/5/2016 12:02

Now it is a 4% drop, which is either a ruse to get something moving or someone knows or suspects something is not right.

Do any of the faithful know anything?

Maybe I should go back to bed and hope that it will rise 6% tomorrow.

[jadeticl3] 26/5/2016 10:37

No buys. No sells. No news. Yes shares drop 2.5%. Maybe I don't understand how the Stockmarket works!

[qantas] 20/5/2016 18:03

hxxp://thebusinessdebate.com/dataintegrity-realtime-finance-cyber-security-gresham/

The challanges of Real-Time Finance

hxxp://thebusinessdebate.com/dataintegrity-realtime-finance-cyber-security-gresham/

[qantas] 17/5/2016 18:23

Great start to the day in the palm court for the #BSTSummit

[schytalk] 17/5/2016 08:13

richjp thanks for the chart insight, as you say you can made figures tell a story you want to believe, you only have to look at the EU referendum debate to see that where both sides claim forecasts support their case. In the end it is down to 'gut feel' and I would agree a 125p level seems about right. This is the level of the fund raising two years ago so if it was value then it should be value now. That said we have had the profits warning slip up/set back but I think Gresham today is a better company (and bet) than two years ago. So place your bets please!

[richjp] 16/5/2016 18:50

The CEO probably will have been marketing the company to new investors, however those potential new investors may be showing some of the same caution as PIs such as myself have been. GHT at this moment simply may not have a good enough story to tell. Also Kestrel probably has all the contacts necessary amongst the institutions anyway.

I am not sure how relevant charts are for small companies, but if you bring up a five year chart and draw a line roughly through the highs from May 2011, ignore the big jump in the second half of 2013, ignore the drop and recovery regarding the profit warning, then continue through the high later last year, that will give a projection of 125 - 130P in the next couple of months. That may also give a reasonable projection of the share price growth in the future.

Having said that I realise that you can conduct exercises like that to give you the figure you want to see.

[jadeticl3] 16/5/2016 18:36

It is good to see a few "posts" recently, but not very many "posters". Whilst I would not wish to see lots of silly posts, I would welcome comments by more people. It cannot be that only a single handful of PIs are interested in the future of this company.
Is it that the profile of this company is too low to attract much comment from investors?
Do we have any user/investors who could tell us how this company is rated by its customers or prospective customers?