Gresham Technologies Share Discussion Threads

[double double] 10/9/2018 09:55

New Research Shows Data Management and Machine Learning Top Chief Data Officers' Priorities
2018-09-06 07:53:58.85 GMT

New Research Shows Data Management and Machine Learning Top Chief Data
Officers' Priorities

PR Newswire

LONDON, September 6, 2018

LONDON, September 6, 2018 /PRNewswire/ --

89% of CDOs surveyed by WBR Insights are investing in data management over the
next 2 years

Gresham Technologies plc , the leading software and services company that
specialises in providing real-time data integrity and control solutions, is
delighted to announce the release of WBR Insights Regulation, Innovation, and
Digitalisation survey.

(Logo: hxxps://mma.prnewswire.com/media/654184/Gresham_Tech_Logo.jpg )

In a survey sponsored by Gresham, WBR Insights surveyed 100 Chief Data
Officers across Europe to find out the challenges they are facing as the
financial sector grapples with a data revolution and increasingly complex
regulatory environments.

Survey insights include:

* GDPR is the most complex regulation for over 69% of CDOs
* 36% of respondents are turning to new data management technology for
regulatory compliance
* 52% of financial CDOs surveyed are unaware of all data gaps in their
organisation
* 36% of respondents feel their data governance strategy is inadequate
* 1/3 of respondents are setting up centres of excellence to
institutionalise data innovation
* Data management and machine learning are the clear winners of investment
from respondents, with over 80% setting some of the budget aside for them
in the coming two years

"Effective data governance has its roots in data quality and real business
improvement," remarked Chris Bannocks, Group Chief Data Officer of ING. "The
strategy should support regulatory requirements whilst enabling business
results."

"With more than 9 out of 10 firms seeing relationships with fintech firms as a
crucial part of their innovation roadmap, we expect to see even greater
engagement and partnership across our industry in the coming years," commented
Paul White, CMO of Gresham.

"As a leader in enterprise data integrity, Gresham's aim is to help
organisations be confident that they meet stringent regulations and trust
their data enough to use it as the kindling of innovation. As such, we are
delighted to support FIMA and the information management community with this
thought-provoking survey."

One can download a copy of the survey at the Gresham website here .

About Gresham Technologies plc

Gresham 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. Learn more at www.greshamtech.com .

About WBR Insights

At WBR Insights, we design and execute bespoke content marketing campaigns,
delivering insightful content to our high-level audience all year round. We
are a team of marketers, researchers and writers with a passion for content
with a creative twist. From research-based whitepapers focused on your
priorities, to benchmarking reports, infographics and webinars, we can help
you to inform and educate your readers and reach your marketing goals at the
same time. WBR Insights is part of Worldwide Business Research (WBR), the
world leader in B2B focused conference events. For more information, visit
hxxps://digitaleu.wbresearch.com/

Contact: Media Contact: Gresham Technologies plc, Ginette Lacroix,
[phone], [e-mail]
-0- Sep/06/2018 07:53 GMT

[double double] 07/9/2018 15:07

I am just glad they bought using own cash and not diluted us investors and may it continue.

Some wonderful research on the website, shoulder to shoulder with the likes of Broadbridge, Fiserv, IBM.

[gottafly] 07/9/2018 10:08

DD, Kestrel buying is a very good sign. They are seasoned professional investors and I suspect still have a very good open communication line with GHT. The management stated that H1 was a hiccup of delayed orders and committed to a strong H2 to correct matters. I am still of the view that the acquisition B2 Group helped to take managements eye off the ball, the video is well worth watching and they confirmed that discussions were a 6 month process. B2 does look a good acquisition but at a more substantial cost than C24.

[double double] 07/9/2018 08:11

I am not worried, the company was confident in the interims about H2 and we can see Kestral have added 897,000 shares in the last 4 months, they are confident in the current price.

[amt] 07/9/2018 07:37

Anyone getting worried about lack of news regarding contracts given that a blow out H2 is needed to make up for shortfall in H1. Any shortfall and the share price would get hammered due to high valuation.

[gottafly] 06/9/2018 08:41

I have been critical of GHT publicity/marketing in the past but it does significant steps have been made.

I signed up, long ago, to receive Gresham Marketing information by email and now it is a reality, I would recommend that all investors sign up for this free service, although it is not clear how you do this with the new and much improved website, presumably you use the contact us section and send a message requesting sign up to the newsletter.

The lead story is the implementation of voice command for CTC with reports being delivered directly to your phone - the power of voice. Here is the link:-

hxxps://www.greshamtech.com/videos/gresham-acquire-b2-group?utm_source=hs_email&utm_medium=email&utm_content=65692098&_hsenc=p2ANqtz-8BZvg7KmBwbtbRkafLnfC5s0SMBLzzA6dGADhOR1J2oiCDwAo9St_ODkEanNndffLGVdMuJ0BxxXzhUUb_WjjHySLoZg&_hsmi=65692098

A Vlog on the B2 acquisition - basically stated as complementary where 1 and 1 will make THREE, very little overlap and great synergies, integration of the two businesses is expected to be easy including a great technology fit. Here is the link:-

hxxps://www.greshamtech.com/videos/gresham-acquire-b2-group?utm_source=hs_email&utm_medium=email&utm_content=65692098&_hsenc=p2ANqtz-8BZvg7KmBwbtbRkafLnfC5s0SMBLzzA6dGADhOR1J2oiCDwAo9St_ODkEanNndffLGVdMuJ0BxxXzhUUb_WjjHySLoZg&_hsmi=65692098

An interesting statement was made by IM regarding the GHT acquisition strategy, the focus is on organic growth and that any acquisition must have strong synergy, bring technology, a customer base and strong organic growth in its own right - sounds very reasonable to me.

This is making GHT look a much more polished and established player and less a 'new kid on the block'. I suspect that it is also a reflection that sales are harder to make with any low hanging fruit long gone and perhaps in part explains the disappointment of H1,

As always, DYOR, but very encouraging in my view.

[jadeticl3] 05/9/2018 08:58

Thanks DD. A repeat of that would be helpful.

[double double] 04/9/2018 17:00

Last year there was a trading statement issued on 4 Oct. Not long to go.

[jadeticl3] 04/9/2018 16:56

When can we reasonably expect GHT to give us a market update? Without this these appear to be cast adrift with no wind or sails?

[double double] 04/9/2018 15:43

Kestrel still adding now just over 13.01%.

[richjp] 18/8/2018 15:21

For what it's worth, the August issue of Techinvest has GHT as a strong hold, so it would seem they have taken the management statements for H2 at face value.

If the broker forecast of 250P is still in place I suspect that it will take a while to get there. I suspect that we will have to wait for a strong January trading update for that to happen. I just hope we do not get a major bear market before then.

I think there is more to it than them just having a strong second half. I feel that the market will need to see evidence of a stronger growth rate to really move the share price

[davr0s] 29/7/2018 11:25

In GHTs case the fact that it's broke recent consolidation range is now bearish no matter how good the story / broker notes may be which is why I closed. This share now has supply so the probability now is any short term strength is more likely to be sold into than not. It may turn out to be a mistake but I know if I follow these rules I will still be in the game in 20/30years time. And when the next bear market arrives this strategy will ensure I'll be mostly in cash long before all the damage is done and not be adding to losing positions and can live to fight another day

[davr0s] 29/7/2018 11:21

Because the wonders of compounding when you add to shares going up works in reverse if you compound losers. Yes some may come back but those that don't cause destructive losses. Even if you don't add to losers and a share loses 10% you need to gain 11% to break even which is manageable across a big account, but if it drops by 50% you now need to gain by 100%. Adding to losing trades completely skews reward-risk against you. Yes you may occasionally luck out but on average you won't. If you read across all the successful traders over the decades they all come to this view.

[qantas] 26/7/2018 22:36

Gresham's signs ninth new clariti customer this year.
Number nine this year so far.

Please do our own research..

[double double] 26/7/2018 10:52

Any bid would have to be around broker pt of 250p.

PE falling to 22 next year not very demanding.

hxxps://uk.webfg.com/equity/Gresham_Technologies

[inforprofit] 26/7/2018 08:38

Well it looks like some confidence is returning to the GHT share price.

The presentation had a large section on the B2 acquisition and clearly GHT are pretty excited about it. B2 was not cheap but it does look a good fit with some strong upside potential but only time will tell, so potentially another blinding deal.

As the Holway report says this is now all about delivery and fulfilling the undoubted potential (and I think technical lead) of the Clareti product set. Management are confident in delivering an enhanced H2 to rescue the H1 miss, if they do not then I would expect changes.

One last thought, at the current share price and with the undoubted potential that GHT has, they are increasing looking like a take over target.

As always DYOR.

[4-10] 24/7/2018 10:48

Richard Holways firm reports

UKHotViews©

Tuesday 24 July 2018
Gresham disappoints
logoGresham Technologies, the specialist provider of real-time transaction control and enterprise integrity solutions, had warned that things had turned sour in its update earlier this month. The shares were down by 25% as a result.

The results today show Group revenues down 5% to £9.36m for the six months, with Clareti revenues up 13% to £5.46m (a little better than warned). The hit to EBITDA however is severe, falling 80% to £0.44m. In last year’s results the company had predicted a decline in its legacy portfolio of licences and subcontracting throughout 2018, the 23% decline in the Australian sub-contracting business came as a surprise.

The Clareti business now represents 58% of total Group revenues and its Annualised Recurring Revenues were ahead by 15%. This however is a significant slowdown on the 24% growth reported six months ago and the flat performance of software revenues in H1 contrast markedly with the 48% advance of last financial year. Six new customers were recruited during the first half, including a large investment bank. This compares with 15 new customers being added during the last financial year.

The poorer Clareti figures may well be temporary as the phasing of contracts, longer deployment times and changes in buyer behaviour can explain variations over a six-month period. Management say they are confident of a good performance in the second half. The purchase of B2 Group gives new avenues for growth, into cash management and through cross-selling opportunities. 3 new Clareti wins also boost confidence.

Gresham has what looks like a successful product in a growth area, a growing customer list and a solid long-term strategy. Expectations are high and the current disappointment is obvious in the share price. Management now has to work hard to rebuild confidence and deliver on the promise of Clareti.

Posted by Peter Roe

[double double] 24/7/2018 10:13

Cantor have kept their pt of 250p.

[valhamos] 24/7/2018 09:27

Confident outlook - as I said a few weeks ago not that fussed about short term timing of contracts if the underlying Clareti business is intact. I know not everyone agrees hence the top up opportunities at the moment.

[double double] 24/7/2018 08:36

N1SINGER have reduced 2018 adjusted eps by 0.48 of a penny to 6.12p and upped 2019 by 0.31 of a penny to 7.45p. We also seem to have a new analyst who was quite quick off the mark this morning.

[gottafly] 24/7/2018 08:17

A fuller explanation of why the numbers were missed and the management remains confident so will need to deliver H2. The three wins so far in July is promising but none are big wins so I'm not convinced these not falling over the line in June fully explains the missed numbers.

The positives for me are the strong pipe line and services revenue, clearly there is business to be had. It also seems that perhaps GHT were spending rather a lot in H1, perhaps too much, in staff hires and infrastructure etc. - certainly more controlled spending is promised in H2.

It will be good to see the analyst presentation that is to be published at 11. Overall I see the H1 numbers as a wake up call for a management that had become somewhat over confident. We all make errors of judgement the trick is to learn from them, fingers crossed for H2.

[jadeticl3] 24/7/2018 07:32

Six wins in 6 months reported. Three wins in 23 days of July so far! Not a bad start to second half. Presumably these three were expected to be signed within the reported period so have missed the cut off by only a short period of time. Management repeats confidence for year as a whole. Not a bad statement.

[journeysend] 24/7/2018 07:06

We are expecting a strong second half of the year, and we have made a positive start with three new Clareti wins so far in July.

[danieldanj] 24/7/2018 03:23

Gresham (GHT) Earnings-Reaction to Keep an Eye

[jadeticl3] 20/7/2018 07:58

DavROs, if some don’t come back up presumably some do. So you lose on some and win on others. How does that eventually result in going broke? Besides, I don’t average down unless I feel the current fall is temporary.