Ideagen Share Discussion Threads

[rivaldo] 18/7/2017 07:27

Extremely solid results, with EPS etc up almost 20% and spot on forecasts. Lots of recurring income makes this a must-have stock for institutions.

Good to see a £4.2m cash pile at the year end too. The dividend is slightly above expectations.

Above all, trading for this year looks good and the outlook positive.

[mr doughnut1] 17/7/2017 21:04

Looking forward to results tomorrow.
I follow IDEA on Twitter where there is a short video with Paul Douglas the general manager of terex equipment ltd. The company has sales revenue of $330m and has recently introduced the Q pulse quality management system. Using IDEA's improved Q & S system saves them £10,000 per month.
Companies IMO simply cannot afford to ignore these kind of savings.
Conjecture only lifts the share price o certain amount. The market will react accordingly to tomorrow's hard figures.

[glasshalfull] 17/7/2017 17:26

IDEA's results out tomorrow. Seller turned the tap off this afternoon...offer moved to 83.7p while stock has been available at the mid-price of 83p for 4/5 days now.

There's been fairly persistent buying & until this afternoon plenty of stock available. Anyway, that's all background noise.

finnCap have the following estimates in place for results tomorrow: -

Revenue £27.1m
Adj PBT £3.2m
Adj EPS 3.2p (18.8% growth)

With results well flagged via May's trading update, I'm hopeful that their recurring revenues will have experienced a decent increase following recent acquisitions & also news or update that they appear on track to deliver 33% earnings growth in the current year.

Kind regards
GHF

[glasshalfull] 12/7/2017 14:12

I also added heavily to my position yesterday. Plenty stock available.

Fantastic cash generation in H2 & looking forward to results next week.

33% EPS growth forecast in the current year while on prospective PER 19.

Kind regards,
GHF

[fizzypop] 12/7/2017 13:36

Topped up at 83.8p. Finals next week Tues 18 July.

[panic investor] 12/7/2017 13:18

Inline usually means so drop these days

[bamboo2] 10/7/2017 10:58

Added on expected chart turn 7/10 July. EOD close above 85.25 targets min approx 91

[panic investor] 20/6/2017 12:37

nfs13 Jun '17 - 13:08 - 924 of 925 0 0
Getting paid always a worry in Mid East

With a software service you just turn it off until you get paid. Simples

[rivaldo] 20/6/2017 11:25

Love one-liner posts which entirely dismiss huge transcontinental land masses :o))

Meanwhile...news:



Extract:

"Ideagen awarded place on G-Cloud 9 framework
20 June 2017

Ideagen is pleased to announce it has been awarded a place on the latest G-Cloud government framework.

The current G-Cloud 9 iteration allows public sector organisations – such as the NHS and local councils – to find and compare cloud-based services, removing the requirement for a full tender process."

Most interestingly:

"Also included in G-Cloud 9 for the first time is Ideagen’s software PleaseReview and Covalent. Both the PleaseReview and Covalent products are two key solutions which were acquired via strategic purchases of PleaseTech and Covalent Software Ltd respectfully."

[nfs] 13/6/2017 13:08

Getting paid always a worry in Mid East

[rivaldo] 13/6/2017 09:40

Great bounce back up yesterday. And more overseas work being won (I'd assume this is high-margin work given the location):



"Helicopter company, Al-Burhan Airways, works with Ideagen ahead of commercial airline launch
11 June 2017

Al-Burhan Airways, Iraq’s only civilian helicopter service, is to work with software firm Ideagen ahead of launching a dedicated commercial airline service.

The Baghdad-based organisation will implement Ideagen’s Q-Pulse software as it begins to expand its operations beyond operating as Iraq’s only civilian helicopter service.

The company will expand its operations to include international scheduled commercial flights utilising narrow body aircraft to regional and EU destinations.

Q-Pulse, Ideagen’s flagship software product for aviation safety and reporting, will enable Al-Burhan Airways to focus on complying to global aviation standards and achieving high customer satisfaction.

Ahmed Mustafa, Quality Manager of Al-Burhan Airways, said: “The Q-Pulse software is an important requirement for ABA as we look to apply regulations efficiently, fulfil organisational vision, and gain an advantage over local competitors.

“Q-Pulse will be utilised to cover both types of operations and will enable us to ensure compliance with regulations and reduce costs, especially in our first year as an airline start up.

“Capturing passenger comments and complaints through reports and surveys will be another avenue of using Q-Pulse to monitor the ABA product delivery to ensure customer satisfaction.”

Mr Mustafa added: “Ninety-nine per cent of the required operational tasks are currently completed via a paper based system, which is a time and effort consuming process. Our helicopter operations require minimum use of paper, however that project has shown us the expected workload required to run the planned aeroplane operations – which will be significant. Audits, follow up audits, and corrective actions take too long and require personal integrity and continuous focus to follow up.

“This will change after utilising Q-Pulse.”

Based at Baghdad International Airport, Al-Burhan Airways currently offers commercial, corporate and private VIP helicopter flights throughout Iraq.

“Q-Pulse will increase efficiency and help prompt compliance with safety standards,” said Mr Mustafa. “The system will also help our quality and safety management staff to spend more time on carrying out audits, analysing root-cause, and taking corrective actions while ensuring a systematic standard procedure that all staff will follow.

“We should see a real difference in our operations in the next few months, including a new standard library that will be developed which covers specific Iraq CAA regulations, allowing ABA to directly apply Iraq CAA regulations rather than depending on EASA regulations only.

"We believe this will enable ABA to become the benchmark and pioneer for aviation safety in Iraq and beyond."

[yump] 12/6/2017 09:53

Its probably time for the share price to settle into a range for a while.

[samenic] 12/6/2017 09:46

Well a bit of a tricksy maneuver to fill that order.......

[cheshire man] 12/6/2017 09:38

Nice top up opp. offered to us last week :-)

[rivaldo] 12/6/2017 09:30

RNS - good to see Vind LV buying a hefty 1.85m shares to go to 14.21m in total, or 7.17%:

[panic investor] 11/6/2017 12:22

Didn't realise it had slipped so much not paying attention - may add on Monday !

[nfs] 11/6/2017 11:58

Does anyone have a view as to why the share price has dropped so much?

[fizzypop] 09/6/2017 10:58

speedsgh no such luck just 4000 shares for me with no difficulty buying online.

[speedsgh] 09/6/2017 10:53

Been a few juicy trades go thro earlier. I assume neither of those 1.3m trasnactions were yours, fizzy ;o)

[fizzypop] 09/6/2017 10:10

Another topup @ 81.47p

[rivaldo] 08/6/2017 11:04

Whilst the share price takes a breather, IDEA continue to grow:



Extracts:

"50 new jobs at Notts firm that develops software for Heineken, NHS and Emirates
By DanRobinson | Posted: June 07, 2017

Software developer Ideagen is to create 50 new jobs as it bids to achieve an eighth year of consecutive growth.

The Nottinghamshire-based company, which provides information management programmes for clients such as the NHS and Heineken, will establish posts across its UK operations with diverse roles ranging from senior management to graduates and apprenticeships.

About 25 of the jobs will be at the firm's head office at Ergo House, in Ruddington Fields Business Park....

.....David Hornsby, Ideagen CEO, added: "We are pleased to report on another successful year for the group, which included four new acquisitions and several key contracts across all of our strategic verticals.

"For nearly a quarter of a century, we have provided software solutions to thousands of customers across the globe such as the NHS in the UK, Emirates, Heineken and Harvard University.


"As we continue to expand the company, we are delighted to be able to bring both new investment and new opportunities across our operations in the United Kingdom.

"These new roles will see a 12 percent growth in staff numbers – exceeding the current UK economy growth of around two percent – and will offer competitive wages and comprehensive benefits in line with our status as one of the fastest growing software companies in the world."

Mr Kent added: "We already have some of the best quality, safety, risk, performance and audit software products on the market but having a skilled workforce behind each product is the lifeblood of the company.

"That's why I am delighted that, in what arguably remains an uncertain period in the midst of Brexit and the current UK election, that Ideagen continues to be strong enough and successful enough to offer new and exciting jobs across the United Kingdom."

[rivaldo] 07/6/2017 10:55

More good news:



"Ideagen Q-Pulse to play key part in Neogen’s UK growth strategy
06 June 2017

Neogen Corporation Ltd , the international food safety company, is to upgrade its quality system from Ideagen as it looks to standardise quality management across its UK operations.

The US-based company, which has its UK division headquartered in Scotland, will enhance its Q-Pulse system by upgrading to Q-Pulse Enterprise across two newly acquired sites.

Neogen recently acquired both Lab M Holdings, a dehydrated culture media manufacturer, and QuatChem Ltd, an agricultural disinfectant manufacturer, in the last two years. Both businesses were managing quality through manual, paper-based systems.

Now Neogen is looking to harmonise quality management across its UK operations and will implement Q-Pulse within both sites to achieve standardisation.

Andrew Holmes, who is responsible for Quality Management across Neogen’s European Operations, said: “We began using Q-Pulse for our accredited testing lab a few years ago but since then – specifically in the last three years – the use of the system has spread across the rest of the business in the UK.

“Now with both Lab M and QuatChem on board, we are looking to centralise and harmonise the quality system through Q-Pulse.

“In our main location in Ayr in Scotland, we are witnessing great adoption of the system with staff raising customer feedback and regularly accessing documentation. We have since extended Q-Pulse to our Materials and Purchasing department and now use it for supplier complaints and monitoring as well.”

Andrew continued: “We will take that model and implement into both the Lab M and QuatChem businesses and control quality from one system.”

Headquartered in Michigan, USA, Neogen is an international food safety company that provides test kits and relevant products to detect dangerous substances in food. It is a global organisation with locations across America and Canada and wholly owned subsidiaries in Brazil, Mexico, China and the UK. Currently the company employs over 1400 worldwide including 250 in the United Kingdom.

The company is historic users of Ideagen’s Q-Pulse software, having implemented the product in 2009; the company adopting the system via an acquisition for ISO 17025 compliance. Since then, the software has expanded within the company – with the company extending into its US operations via its Geneseek business. The Geneseek operation is an agri-genomic testing lab with operations in Lincoln, Nebraska and Ayr, Scotland and tests over 2.6 million samples each year.

Andrew added: “Q-Pulse will be a mainstay in the future growth plans of the company. If any future acquisition doesn’t have Q-Pulse initially installed then we would be looking to implement the system further across the Group.”

[fizzypop] 25/5/2017 15:01

Upped holding by 60% but great difficulty in buying stock online.
Someone buying/selling in multiple 10k lots on LSE.

[rivaldo] 22/5/2017 12:37

Hi tightfist - I do find RT useful at the (discounted rate I paid!) price for Finncap, Panmure, Liberum, N+1 Singer research just from memory.

Good news today - and timely following the recent NHS hack breaches:



"Newcastle Joint Research Office and Ideagen team up to enhance clinical trials and patient safety
22 May 2017

The Newcastle Joint Research Office (NJRO) is to digitise operational processes to improve the quality and operational management of clinical trials and ultimately enhance patient safety.

The NJRO is working with software firm Ideagen to implement Ideagen’s Q-Pulse quality management software, enabling them to move away from paper-based and manual processes.

Q-Pulse will also enhance patient safety by allowing NJRO staff to manage serious breaches – a specific term in line with Good Clinical Practice (GCP) guidelines for research organisations.

Lesley McShane, Information Manager at the NJRO, said Q-Pulse – which is already in place within several departments at Newcastle Hospitals – will provide them with a robust system for quality.

She added: “Following an MHRA audit we identified several areas where we could improve regarding our operational and quality processes, particularly in how we manage non-conformance, document control and auditing.”

Gill Robson, Quality Assurance Manager at NJRO, said: “Managing serious breaches is going to be a particular area of focus. It’s a very specific term under GCP, which governs our research activity, and is basically something that has the potential to impact on the data generated by the trial or cause harm to a patient.”

Gill added: “Q-Pulse will play its part in accountability and provide evidence that processes and protocols for the investigation and recording of such events were followed correctly.”

etc"