Gresham Technologies Share Discussion Threads

[markirv] 17/11/2023 08:03

Looks like a big 2024 profit warning to me

[amt] 17/11/2023 07:18

Confirmed the following.
Pe of ten is low in my view


The Company believes that current market expectations for the year ending 31 December 2023 are revenues of GBP50.2m and adjusted EBITDA of GBP11.0m, with GBP53.9m and GBP13.5m; and GBP59.4m and 16.3m respectively for the years ending 31 December 2024 and 2025.

[amt] 17/11/2023 07:15

Everything going nicely and a smooth exit from legacy business.

[scepticalinvestor] 06/11/2023 13:30

Still no TU!!!

[richjp] 30/10/2023 09:35

Although GHT is on the main market. Because it's a small cap, the market seems to treat it like an AIM stock.

[amt] 29/10/2023 22:01

Yes richjp, many AIM shares look very cheap. Bango and SCE to name just two.

[richjp] 29/10/2023 15:56

amt I think you are correct.

I am getting on a bit in years but touch wood in good health and I do not immediately need any cash.

It is my largest holding however and I think I would be reasonably happy with a bid at 250 but I think it could go for more than that.

I think there was a TU in late November last year and assuming they do the same again we can see what effect that might have.

[amt] 27/10/2023 09:26

New Floe banking which could double the size of the business announced and share price static. Shows the state of the markets at the moment.

[wjccghcc] 25/10/2023 12:34

Agreed. Wouldn’t be surprised if they’re bid for.

[amt] 25/10/2023 10:37

Doubled up this morning.
Relatively Safe investment with decent upside.

[tiltonboy] 24/10/2023 21:03

…also that it could match Clareti in terms potential

[wjccghcc] 24/10/2023 17:51

Yes, and they say it is self funding so shouldn’t detract from the Clareti business.

[richjp] 24/10/2023 17:10

I watched the briefing yesterday. At one hour twenty minutes it's a bit long however I thought it worthwhile.

Floe does seem like a major opportunity. They are talking about twelve month sales cycles much like Claretti. The good point about long sales cycles is that once you win a customer, they are likely to stay a customer for a long time.

[tomps2] 23/10/2023 12:27

Gresham Technologies (GHT) Investor Briefing: Introduction to Floe - October 2023

Ian Manocha, CEO, Richard Last, Chair, Tom Mullan, CFO, Neil Vernon, CTO, Geneva Loader, CMO and Alan Huse, Head of Transaction Banking Product Management, ANZ present an investor briefing, focused on the launch of Floe, the Group’s next-generation smart bank account platform, followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[wjccghcc] 19/10/2023 15:37

Yes. ANZ engaged Gresham to create it for them. GHT get to keep the IP for use elsewhere.

[gnnmartin] 19/10/2023 14:33

I sent an email asking for a link to enable me to join today's online presentation. Nothing received. Not a good impression!

Edit, ah, I did not read the announcement carefully enough! The online presentation is only open to "institutional investors and analysts". I misread that as "investors and analysts". So I take back my criticism, and look forward to watching the recording.

[scepticalinvestor] 02/10/2023 12:54

Loads of sells going through

[nchanning] 01/9/2023 08:36

They started the 2nd half with 95% contracted revenue visibility - so it's very hard to get a negative surprise here

[chasbas] 31/8/2023 11:09

Last management presentation pointed out that they (like many software companies) get a lot of cash/revenue in the fourth quarter. Personally I am bullish to hear their 2023 trading update which IMO will push the share price up (if it hasn't moved by then)

[richjp] 31/8/2023 09:55

I agree and I recall they are making a new product announcement in October.

I suspect a number of buyers are watching but don't want to chase the price too high.

[homtanks] 31/8/2023 09:44

Will this be the year/year end when the share price goes past 180p and somewhere around 220p.

Takeover target if the share price doesnt start rising, that price target of 220p is almost 1.5/2 years old they have made significant progress in that time.