Gresham Technologies Share Discussion Threads

[jadeticl3] 21/11/2016 18:02

I have bought some more today. With all this support I consider this price will look cheap in 6 months time, but it would not be the first time I have got ahead of myself with this company. However, I keep reminding myself that I first bought into GHT at 33p.

[noble3r] 21/11/2016 16:20

recent volume been low. I hope for a rally as we edge closer to out trading announcement 28th Jan.

[schytalk] 21/11/2016 12:36

Well the name change is complete so Gresham Techologies it is but being shortened to Gresham Tech in the social media etc. I had originally though this was some window dressing aimed at the investor community since in the industry Gresham is known as Gresham! Not so sure now, it looks like a bit more of a re-positioning and branding as Technology, so perhaps it has a significant purchase, any ideas anyone?

As per below Gresham have been announced as a Category Winner in Risktech 100 2017, this was published this month.

"Gresham Tech
Gresham has been announced as category winner in Chartis RiskTech100® Awards 2017 for Data Integrity and Control. The award comes off the back of being classed a category leader in the recent Chartis FinTech Quadrant™ for Data Integrity and Control solutions in Financial Services. Gresham have also been recognised, for the second year in a row, in the top 50 of the RiskTech100®, rising 5 places to 38 and scoring highly in 'core technology', 'innovation' and 'customer satisfaction'. Read the full press release here: hxxps://goo.gl/o2eVYj"

Gresham have also moved up the rankings 5 places to number 38 but I presume that this excludes the C24 acquisition which would help to resolve one of Gresham's weakest areas (lowest scores) being that of Market Presence.

The overall score is 56.7%, giving Gresham position 38 but is made of of individual category scores as follows:-

Functionality - 52
Core Technology - 62
Strategy - 60
Customer Satisfaction - 57
Market Presence - 52
Innovation - 57.

The two weakest scores are Functionality and Market Presence and the C24 acquisition seems to addresses these. It would seem to me that when C24 is included then a top 20 place (perhaps even top 10) is a real possibility.

The Risktech 100 overview makes fascinating reading.

"The companies featured in RiskTech100® are drawn from a range of risk technology specialisms, and meet the needs of both financial and non-financial organizations. However, they share a number of qualities that rank them among the top 100 risk technology providers in the world.

The rankings are determined based on the classifications illustrated below, which this year focus on solutions, industry segments and success factors. We have removed the geographical categorization, to reflect the global nature of risk and financial technology markets.

Reflecting the continued challenges and opportunities facing financial firms, the increasing importance of data, and the ongoing evolution of technology, this year’s report includes some additional categories:‘Artificial Intelligence’, ‘Data Integrity and Control’, ‘Model Risk Management’, ‘Risk as a Service’ and ‘XVA’.
We have also replaced the category of ‘Organizational Strength’ with a new one, ‘Strategy̵7;, to reflect changes in the wider enterprise and vendor landscape."

So it would seem that Gresham are the current leader in ‘Data Integrity and Control’. So, with the name change to Technology and the C24 acquisition, could Gresham be on the cusp of a break through in the level of business, market presence and a strong rise in the SP? One last though, the new non exec has extensive knowledge of cloud based/SAAS solutions, could this be where the major up tick will come from.

[double double] 17/11/2016 08:25

RIP Gresham COMPUTING. Have known it since Green days.

Hopefully 2-4 more years in this then I can a finally let go.

[double double] 14/11/2016 15:14

Posted a message on the wrong board, then deleted it. All quiet here but no doubt as soon as new trading statement arrives this will move a bit higher than now.

[jadeticl3] 14/11/2016 11:11

Double double. That is a strange comment (5938). Have you been meditating on it since your previous post on 8th November?

[double double] 08/11/2016 15:33

Some one is picking up the shares being sold. Usually Kestral are quick to announce their transactions.

[jadeticl3] 02/11/2016 13:00

Let's hope hasinaforg has genuine prophetic leanings! I would settle for 130 by end 2016. Maybe the company's real expectations appear so bullish they do not want to be accused of ramping, so they are saying nothing until the numbers are cast in stone.

[hasinaforgcm] 02/11/2016 09:45

I think the next leg up in the share price is coming and we could soon be trading at around 130p, certainly by end of the year.

[hasinaforgcm] 25/10/2016 10:15

Its a shame they have confirmed they will not be announcing any further update anytime soon. Thank you for your effort. Next update end of Jan 2017 it is then, 3 months away.

[schytalk] 23/10/2016 09:23

I think Gresham have changed their information flow strategy. I think they were perhaps updating the market (perhaps?) too much, with every deal seemingly the subject of an RNS. New deals now are hopefully 'ordinary business' so I am actually encouraged by the lack of news, always assuming that Clareti sales continue to 'fly' as was stated by Bill Blythe.

The share price has moved up although I still think Gresham is undervalued. The C24 acquisition has been well received and looks a very shrewd move, doubles the target customer base and provides a 'wider' solution.

The change of name is to a degree some window dressing but it is also a statement of intent and is really aimed at investors who are more likely to understand Technologies rather than Telecomputing. in the market place the company is simply known as Gresham and I think will continue to be so.

Some patience is needed, as always, but I see no reason other than to be optimistic.

[qantas] 22/10/2016 14:29

Please don't shoot the messenger but I would read that as they don't have any?
Why would they keep the secret.

[jadeticl3] 22/10/2016 14:03

I asked the company if they were close to giving us an update and they said there were no plans to give an update any time soon. Do you think November 17th is anytime soon?

[hasinaforgcm] 21/10/2016 15:48

I hope there will be a contract wins/company update RNS on 17 November before the general meeting.

[jadeticl3] 13/10/2016 11:32

Wow, what has caused this?

[schytalk] 07/10/2016 08:25

Well having read the presentation it does not seem to add very much to what we already know, that said we were not privy to the presenters dialogue which I am sure would have been more interesting. Although to be fair Gresham did do an RNS to say nothing material would be released.

This summary slide for Q4 objectives seems to have some merit.

Q4 2016
©
2016
Gresham Computing plc
•
Manage legacy revenues
•
Extend CTC usage in global customer base
•
Close additional Tier 1 “key customer” win(s)
•
Win further Clareti as Service sales
•
Break out in North America market
•
Build Clareti ARM pipeline in global transaction banks
•
Launch Clareti Loan Control
•
Prepare ground for Clareti Data Accelerator launch
•
Make a success of C24 integration
•
Look for further opportunity to scale on Gresham’s Group
business platform in 2017

[schytalk] 07/10/2016 07:47

Capital Markets Day presentation can be found on the Gresham website - hxxps://www.gresham-computing.com/wp-content/uploads/2016/10/GHT-CMD-051016.pdf

Enjoy the read.

[schytalk] 06/10/2016 11:23

The Drewster, you make an interesting point and presumably the cheapness is to do with the falling pound following the Brexit vote.

Since The majority of GHT earnings (75%?) will not be sterling then there is an added bonus for GHT, so really I reckon the share price should be 10p or so higher just because of the foreign nature of Claretti earnings.

[the drewster] 06/10/2016 10:07

US software companies must be running the rule over many "now very cheap" UK companies, and I'd be amazed if we weren't on more than one company's shopping list.

Time will tell. Happy to be long.

[schytalk] 06/10/2016 08:50

hasinaforgcm

I think you are correct about the continued rise in the share price and 150p could happen sooner than you think. We have the 125p level to get through (the somewhat disastrous 2014 placing level) which given the activity and news coming from CHT should not be a problem (fingers crossed).

I am looking forwards to the release of the information following the capital markets day, I think it will show a fascinating insight into how Clareti (and its derivatives) are developing to provide new solutions.

[hasinaforgcm] 06/10/2016 08:21

Hitting 52 week high again today. GHT has always traded on pe of 30+, this could trade around 150p by Jan/Feb if market is confident it will meet forecasts. Once 2016 is over and full confidence is restored we could be looking at 200p or more this time next year.

Some one here thought this could be 60p but its almost double that now.

[schytalk] 05/10/2016 18:24

And the good news keeps coming.


Gresham partners with Mount Street to deliver Clareti Loan Control
5 October 2016

New solution developed with leading loan servicer to disrupt complex debt servicing technology market

London, UK: 05 October 2016: Gresham, a leading provider of real-time financial transaction control and enterprise data integrity solutions, and Mount Street, a leading European commercial real estate loan servicer, today bring Clareti Loan Control to the market. The solution has been developed alongside Mount Street to drive efficiencies, accuracy and cost savings for its clients.

Clareti Loan Control, developed on the Clareti-as-a-Service cloud platform, offers superior data management, rich business process support and integrated reporting functionality. In a highly competitive commercial lending market, this ability to process complex loan structures quickly and correctly is crucial.

The solution handles different loan types and automatically generates rate setting notices, interest advice, payment instructions, audit responses and invoices. This combination allows the team at Mount Street to process more loans, delivering superior service and cost efficiencies to its customers.

Key differentiators include:

Scenario testing – add and remove properties and tenants, restructure leases, forecast capital expenditure and carry out income, expenditure and recovery analysis with accuracy
Cash distribution – customise cash distribution waterfalls that mirror underlying documentation to ensure the timely and accurate flow of funds
Compliance – covenant monitoring is pre-programmed at the onset and automatically tracked throughout the life of the loan
Data complexity – accommodates loan sales, syndications, interest rate amendments, maturity extensions, standstills and payment date alternations easily and without the need for manual intervention
Analysis and reporting – automated bespoke reporting capabilities gives Mount Street’s clients a best-in-class risk management tool

By supporting their complete end to end business processes, Clareti Loan Control enables Mount Street’s team of asset managers to increase their loan count by more than 50% by driving efficiencies and cost savings. This means they have more time to focus on client relationships and portfolio optimisation.

Ian Manocha, CEO, Gresham, comments, “Complex debt servicing processes within banks and 3rd party servicers such as Mount Street are not well supported by packaged software solutions and the barriers for new IT solutions to enter the market are high.

“Teaming up with Mount Street, who bring unparalleled real estate and debt management expertise, and leveraging Gresham’s award-winning platform and agile software development expertise has enabled us to create a class leading application that has the potential to transform the loan servicing market. This is a significant step forward for the servicing industry”.

Ravi Joseph , CEO, Mount Street, comments, “Our experience and research confirmed that there was nothing available on the market that would enable us to make a step change in service quality and process productivity. Gresham shared our vision for technology enabled transformation of the industry and together we have delivered a solution that will enable us to manage a variety of loans, from single asset deals to large complex transactions, as well as entire performing and non-performing loan portfolios. This partnership is a differentiator for Mount Street in the competitive 3rd party servicing market”.

[schytalk] 05/10/2016 18:18

amt

It is from the Gresham web site and the press release on Sept 22 regarding the appointment of Jim Hannibal.

Bill Blythe, Global Business Development Director, Gresham says, “Jim has a proven track record in Sales Management and New Business Development and he knows the market inside out. Clareti sales are flying this year – his experience and leadership will be an enormous asset to Gresham as we expand our customer base of banks, asset managers and corporates across Europe.”

[amt] 05/10/2016 17:31

Thinking on selling my remaining holding into any further rise unless someone can convince me they will make full year numbers. Maybe the acquisition will help but I hope we dont loose clarity excuse the pun over the existing numbers as I would like to see what organic growth looks like.