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GHT Gresham Technologies Plc

129.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  0.00 0.00% 129.00 125.00 133.00 133.00 129.00 129.00 0.00 08:00:15
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Computer Programming Service 48.72M 2.88M 0.0344 37.50 108.13M
Gresham Technologies Plc is listed in the Computer Programming Service sector of the London Stock Exchange with ticker GHT. The last closing price for Gresham Technologies was 129p. Over the last year, Gresham Technologies shares have traded in a share price range of 114.00p to 160.00p.

Gresham Technologies currently has 83,824,458 shares in issue. The market capitalisation of Gresham Technologies is £108.13 million. Gresham Technologies has a price to earnings ratio (PE ratio) of 37.50.

Gresham Technologies Share Discussion Threads

Showing 12351 to 12372 of 12925 messages
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DateSubjectAuthorDiscuss
11/6/2020
11:48
Agree its likely to be a UK HQ bank deal, the timing of the announcement I think would preclude the US.

In my view this is certainly not PR and I have been critical in the past of GHT's over use of rhe RNS system. This is clearly a hard fought major strategic win, won against stiff competition after a 'particularly rigorous evaluation of competitor offerings'.

I feel it is worth rereading the statement made by GHT at the AGM on May 14th (reproduced below for convenience) where GHT expressed optimism but a cuatious approach to figures. This was less than a month ago and a major deal signed, many more to follow hopefully.

-------------------------

"Despite the very challenging global environment, the Company continues to operate at full capacity and, as announced on 20 April 2020, we remain confident in our ability to achieve FY2020 guidance for Group Adjusted EBITDA and Cash EBITDA.

Adjustments to our annual operating plan have been made to ensure that the Company is able to protect full-year earnings, and ensure adequate liquidity, without disrupting our services to customers or negatively impacting the longer-term growth prospects of the business. The Company expects to maintain current levels of investment in innovation and distribution for the foreseeable future.

The Company is actively pursuing a number of new Clareti sales opportunities and is encouraged by the ongoing business activity in our target markets. However, the overall impact of COVID-19 on the Group's ability to generate new revenues to the levels originally planned for FY2020 remains unclear and the Board does not believe it would be appropriate to provide further forward-looking financial guidance at this time."


----------------

As always DYOR

gottafly
11/6/2020
11:28
GHT was the main rec. in SCSW in Feb 2017; then September 2017; March 2018; August 18; but has not said much since. Techinvest and Techmarketviews have been consistent in their comments on an ongoing basis. All building on the story.
gerihatrick
10/6/2020
17:01
An announcement I believe. And the share price has responded well to the news. Once SCSW and Techinvest comment I am sure that will generate further interest....and maybe Simon Thompson in the IC may comment which would be another catalyst. I bought more today as Clareti really seems to generating a domino effect with the banks plus the comment "after rigorous evaluation". Clareti has already been displacing other IT solutions in this environment.
gerihatrick
10/6/2020
16:14
Not sure whether that was PR or an announcement :D
planit2
08/6/2020
17:21
Please do your own research as always.
qantas
28/5/2020
17:59
Did you know that we've been nominated in the
@WatersTech
Rankings 2020 as Best Reconciliation Management Provider? Voting closes this Friday, cast yours now before it’s too late! #reconciliation #CTC #dataintegrity

qantas
21/5/2020
18:16
Https://www.ftfnews.com/firms-need-collaboration-to-keep-up-qa/27192Please do your own research as always
qantas
20/5/2020
16:03
Please do your own research as always.
qantas
18/5/2020
22:11
How can firms match the volume and complexity of market data without breaking their operations; or the bank? Watch the video #ClaretiTransactionControl #reconciliation #dataintegrity



Please do your own research as always

qantas
15/5/2020
08:57
Gresham Tech
@greshamtech
·
21h
At Gresham we're proud to be members of Business in the Community. If you are a community in need of support, or if your business can offer support, help change lives today by visiting Huge thanks to
@LSEplc
and
@AXA
for your support #COVID19 #NBRN

@BITC

Please do your own research as always.

qantas
15/5/2020
06:45
Some good news.
qantas
14/5/2020
15:57
Maybe the April 20th update created too much of an expectation, however things look pretty solid for the rest of this year. I do have a couple of concerns going forward.

Firstly they have identified North America as a key market for the future. With the way Covid 19 is being handled over there I feel there has to be concern as to when North America will be fully open for business again, particularly when it comes to generating new business.

They have said that all staff are fully engaged which is obviously excellent, however I think a significant amount of revenue comes from implementation work with new clients. If there are fewer new clients this year, I feel there might be potential problems keeping staff fully employed in 2021.

I can therefore understand their caution about not giving any more detailed future guidance. On the plus side, I agree that their business model and infrastructure is ideal for the future and even more relevant now than it was before. If Covid 19 at least becomes manageable GHT will be very well placed.

richjp
14/5/2020
13:41
The share price drop might be more to do with the skittish markets today.

The update is as positive as you could be in this environment, it reiterates the full year profit expectation with slightly more confidence and it says there are now opportunities. At the time of the last update (20th April) everyone was probably still looking internally at their own companies but it seems we are past this and potential customers are getting back to business as usual and engaging with Gresham.

Being a well run company, they are ahead of the curve they were prepared financially and technologically meaning they could move to 100% homeworking very quickly and not worry about survival, they are now concentrating on sales when others are still in survival mode. The future should be good.

planit2
14/5/2020
13:32
I also think positive but even more positive would have been at least 1 new signing.
crazycanuck
14/5/2020
11:29
Interesting somewhat negative response following the AGM statement, share price down 5p and around 100k shares traded.

Overall I thought the statement was pretty positive albeit not as bullish as some made recently. Clearly, Covid-19 has caused some slowing (hardly surprising) in sales activity/signings and there is a hint that revenue growth in 2021 could be adversely affected, especially given the recurring revenue model.

However, the N1Singer note (great that they have issued yet another one!) states that the FY20 forecasts are a worst case scenario. The note (the title of which is AGM: Encouraging ongoing activity) goes on to say that most interestingly GHT is 'encouraged by ongoing business activity' and that should these prospects convert to signed business then this might even provide an upside 'on the worst-case EBITDA scenario'. N1 also expect GHT to remain cash generative, with a net cash of over £7 million which is it says is unlikely to be needed.

Just a reminder from the trading update of April 20th (just over three weeks ago)-

"The potential impact of COVID-19 on the Group's ability to generate new revenues to the levels planned for FY2020 remains unclear at this stage, although new business activity has unsurprisingly slowed over the last two months. Nevertheless, the Company remains confident in the underlying demand for its intelligent automation offerings which help firms to remove manual processes, improve operating efficiencies and reduce cost. The Company expects to maintain current levels of investment in innovation and distribution for the foreseeable future in order to capitalise on the opportunity in the medium term."

So we have gone from new business activity 'unsurprisingly slowed' to 'encouraged by ongoing activity' - not too shabby in my view. As always DYOR but a pretty reasonable (and positive) to me since none of us know what the 'new normal will be'.

gottafly
14/5/2020
10:57
I thought the update was good too, and was surprised at the initial drop. It's climbing back now though.
gnnmartin
14/5/2020
06:31
Good update. So far Coronovirus doesn't seem to have had any impact or rather they have managed to operate at full capacity despite Coronovirus. Well done to the management and team.
amt
12/5/2020
18:09
Https://www.greshamtech.com/blog/collaborative-fintechPlease do your own research as always
qantas
10/5/2020
09:38
.
@actupdate
International Treasury week has gone virtual and Gresham’s Bill Wrest will be part of the (Re)building your business resilience panel on May 14th. Join for free to find out what the post-crisis focus should be for treasurers #treasury #ACTITW

Please do your own research as always.

qantas
07/5/2020
16:44
Https://www.treasurers.org/events/conferences/international-treasury-week-20?gclid=EAIaIQobChMIveHr-MCh6QIVE-3tCh30lQClEAAYASAAEgI7gPD_BwEPlease do your own research as always
qantas
07/5/2020
09:55
Please do your own research as always.
qantas
06/5/2020
21:32
Italy claims to have 'first vaccine in the world' to kill coronavirus Https://www.dailymail.co.uk/news/article-8293211/Italian-researchers-claim-vaccine-world-kill-coronavirus.html?ito=native_share_article-masthead
qantas
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