Gresham Technologies Share Discussion Threads

[qantas] 02/3/2020 07:00

Gresham Technologies PLC Update on Private Investor Presentation
06/03/2020 1:58pm
UK Regulatory (RNS & others)

Gresham Technologies (LSE:GHT)
Intraday Stock Chart
Today : Sunday 8 March 2020

Click Here for more Gresham Technologies Charts.
TIDMGHT

RNS Number : 3237F

Gresham Technologies PLC

06 March 2020

RNS

6 March 2020

Gresham Technologies plc

Notice of option to attend private investor presentation remotely

Further to our announcement on 4 March 2020, the Company hereby announces that conference call details will be made available to private investors wishing to remotely attend the presentation being held at 4.30pm on Tuesday 10 March 2020. To register attendance, whether in person or by conference call, please contact Gresham in advance at [e-mail] .

[qantas] 20/2/2020 09:15

Gresham Tech
@greshamtech
· 18h
Delighted to be shortlisted as 'Best Reconciliation Solution' at the @FTFnews Technology Innovation Awards 2020! Cast your vote here: #ClaretiTransactionControl #reconciliation #bedataconfident #dataintegrity #fintechcollaboration

[qantas] 18/2/2020 20:55

One week to go until the #ACTcashmanagement conference 2020! From innovation to collaboration, don't miss William Wrest's presentation on 'FinTrek - to boldly go where no treasury has gone before' #fintech #cashmanagement #API #fasterpayments #OpenBanking hxxps://t.co/CWimNJtlDY

[qantas] 15/2/2020 15:37

Robot I think you may have a follower?

[gerihatrick] 15/2/2020 15:23

Everyone needs to look at "not a lot of people know that" which puts the weather into perspective!

[qantas] 15/2/2020 15:12

Robot Good afternoon he does like his research.

How is your Castle doing...

Just checked debsdowner is back.

[robot ic1] 15/2/2020 09:16

Qantas Good Morning ,
3 days of horrendous weather on its way .

Debsdowner is missing still, doing research I pressume

[qantas] 14/2/2020 09:02

avatar
Gresham Tech
@greshamtech
Digital #treasury opportunity could deliver annual profits of $100m to $350m in the top 20 banks in North America, Europe and APAC, according to research from @BCG via @Bobsguidedotcom. Unlock your #digital treasury potential with Clareti Multi-Bank bit.ly/3bD3Jxp

[qantas] 10/2/2020 18:55

“The announcement of the #CSDR delay last week [via @theTRADEnews] doesn’t mean #banks can relax. To prevent losses, banks need a real-time view of their #reconciliations to understand when they should settle under the new #regulation” - Neil Vernon, CTO: hxxps://t.co/VWTxQIV2ls hxxps://t.co/znY3s1mPTU

[gottafly] 08/2/2020 10:25

Very positive news IMHO - the drive for sales continues.

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New sales appointment to drive international growth for Gresham Technologies
7 February 2020
Gresham
Gresham Technologies appoints Mark Bolton as its Head of International Sales

London - 07 February, 2020 - Global fintech firm, Gresham Technologies (Gresham), has appointed Mark Bolton as its Head of International Sales to spearhead its global growth plans.


In his new role, Mark will be responsible for directing the firm’s sales strategy across Asia and North America, and identifying target market segments for expansion across the entire Clareti platform. Prior to joining Gresham, Mark held senior sales positions at SunGard and FIS where he was instrumental in overseeing the growth of the reconciliation sales organisation in both Europe and the US.


The announcement comes off the back of successful 2019 results in which Gresham reported a 30% increase in Group revenues to £25m and twelve new Clareti wins. This includes three legacy transformation projects for tier one firms across the buy and sell side.


Mark commented on this move: “The reconciliation, cash management and payments spaces are all undergoing extraordinary change. Rising regulatory pressure and disruptive technology means that banking culture and the way things are done have evolved, and legacy vendors can’t keep up. Gresham’s next generation technology offers the flexibility and performance to manage all these challenges so our clients can focus on growing their business.”


Ian Manocha, CEO, Gresham Technologies added: “Mark’s experience in the sector and understanding of our clients makes him perfect for this role. He embodies our ethos – be an expert in the field so we can deliver the best technology to bring integrity and control to our clients’ data. Since joining in August last year as a sales director, he has already proved that he can grow existing client partnerships with multinational banks and corporates. We look forward to him further expanding our reach to the markets.”

[gottafly] 06/2/2020 08:38

Well seems pretty quiet on the share front with the volume low and the price stable. I noticed one UT trade the other day and again this morning the bid/offer spread was increased (presumably for an auction) so for a brief while the mid market share price rose 2.5p. It seems to me that there are not many willing sellers but there is buying demand at the 145p which is the level the recent big trades went through at. The one sale that has been published today went through at 148.90, so above mid market.

As always DYOR but it looks to me, although quiet at the moment, that there to be some upward pressure on the share price which I think will only increase once we get to see the detail in the full annual report due in early March.

[gottafly] 30/1/2020 10:10

An interesting GHT, savings of up to 74%!


In an era of fast, open data, solving legacy #data and technology inefficiencies allows firms to not only survive, but thrive. Deliver absolute #dataintegrity and reduce TCO by up to 74% with #ClaretiTransactionControl #CTC #bedataconfident

[gottafly] 30/1/2020 10:05

The recent institutional buying was done at circa 145p. The interesting thing is that once the institutional buying was complete the share price rose 5p on very little private investor volume. I have seen this before with GHT and I find it curious.

I would have thought that trying to buy a high volume of stock when the liquidity is somewhat limited (no willing sellers) would tend to push the share price up. Instead it seems to be a drag on the share price which once the major buying is completed the share price rebounds somewhat to give an 'instant' modest profit showing buys at 145p to be good value.

I am no market expert but given that any big volume purchase has to come from another major investor then perhaps a deal was struck at 145p (if you want them you have to pay that) and could only be completed once the share price had reached that level in the general market. As I have said in a previous post, I view this major purchase as very positive and that the institutions currently value GHT at circa 145p. There seems to be strong confidence from both the GHT management and the major shareholders - very good news in my view.

As always DYOR but I eagerly await the full years results in March which I very much doubt will disappoint.

[qantas] 30/1/2020 08:53

How will #transaction #banking evolve in 2020? With standardisation making it easier for banks to enter new markets, managing your #multibanking relationships has never been more important. Get a consolidated #cashmanagement view with Clareti Multi-Bank

[gottafly] 28/1/2020 16:55

Flagon, great information thanks, confirms my suspicions that there is some upside here. Can't wait for the annual report which hopefully will be very well received and provide us with some much needed detail. This is certainly a vote of confidence from this new fund and of course Schroders have been a long-term holder.

Onwards and upwards hopefully.

[flagon] 28/1/2020 15:43

BennBridge Ltd takes a 5.14% stake ...

They are the investment manager amongst others for Tellworth Investments which is an investment fund specialising in UK small caps ... suspect this is where the GHT stake ended up. A newish fund set up 10/17 & managed by Paul Marriage & John Warren ... these guys are good seasoned pros formerly of Schroders.

Link ->


A new fund needing to create a track record rather than relying on past performance takes a stake in GHT ... happy.

[gottafly] 28/1/2020 12:39

Well seems there was even more trading yesterday with a late notice trade today of 384,068 - also at 145p. So a total of 950,000 in the three trades!!

[gottafly] 28/1/2020 10:23

A couple of big trades yesterday - 500,000 and 65932 - at 145p. Clearly not PI trades so institutional interest and underpins the current share price and I think bodes well for the full year results. As always DYOR.

[qantas] 27/1/2020 16:03

Gresham Tech
@greshamtech
·
2h
Rising regulatory pressure and disruptive #technology means that #banking culture and the way 'things are done' is changing. Transform your #data into business opportunity with Gresham Tech #Clareti #dataintegrity #datacontrol

[gottafly] 24/1/2020 15:12

Qantas - you sure your not part of the GHT promotions team - sorry, just joking.

This continues the confirmation that GHT is focused on organic growth - a rapidly growing Fintech, bring it on!