Ideagen Share Discussion Threads

[petewy] 28/11/2017 10:09

Moving. I increased my holding for a long term hold now. Have traded up to 80p

[superadams] 27/11/2017 15:50

Just broken out of mini- downtrend.

[igoe104] 27/11/2017 15:47

Nice finish to the day, record highs are in danger now ?

[rivaldo] 23/11/2017 09:51

Finncap retain their Buy and 108p target price, and note:

"The contract for delivery of the Q-Pulse quality management system again shows the scale of opportunity for the Ideagen software portfolio, across multiple sectors and territories, and with customers of significant calibre – with a beachhead contract potentially offering further inroads into additional territories for the same global customer.

Following the 7th November trading update reporting performance in line with expectations, Ideagen's momentum remains strong, with an attractive free cash flow yield into FY19 and continuing upside to achieve the Megabuyte accounting and enterprise software peer group index rating of 25x P/E into FY18 and FY19."

[igoe104] 23/11/2017 09:01

Believe they will be some excuse for folks too sell, the queen has broke wind ? Australia have only taken 4 wickets, Donald tump hasn't tweeted today yet ? some folks will sell, soon as they see any type of profit.

[turnerpa51] 23/11/2017 08:41

Yes great news so why are people selling?

[jimbobaroony] 23/11/2017 08:12

The significance of the recommendation in the Gartner reports can't be underestimated. Large companies use this information when selecting new software products.

[cheshire man] 23/11/2017 08:07

Excellent news here this morning :-)

[18bt] 23/11/2017 07:43

Cracking win

[martinthebrave] 23/11/2017 07:41

Excellent news indeed securing sizeable contracts with companies of this scale. Anyone worked out who it is yet?

[multibagger] 23/11/2017 07:18

Another cracking contract win and it appears in a new commercial sector. I like the words "initial". I guess we will add another 2-3p to the share price today ?

Congratulations to David, Alan and the team.

Good luck all !

[rivaldo] 23/11/2017 07:05

Great stuff:



- a large $1.6m "initial" contract win
- in the petrochemicals sector
- benefiting the current year
- and in the USA, showing IDEA's global strength

[rivaldo] 22/11/2017 12:35

Good news:



"Ideagen’s oldest aviation client, Loganair, extends its Q-Pulse system
21 November 2017

Loganair chooses Q-Pulse Risk for its corporate risk management programme

Loganair, the Scottish regional airline, is to adopt risk management software from Ideagen for the management of its corporate and aviation risks.

The Glasgow Airport-based airline, which serves over 40 routes in the United Kingdom, Republic of Ireland and Norway, will implement Q-Pulse Risk in an extension of its existing Q-Pulse system.

Loganair is Ideagen’s oldest customer in the aviation sector having used the company’s Q-Pulse quality and compliance management software for over two decades.

The airline will adopt Q-Pulse Risk to systemically manage key risks including business risks to financial sustainability, efficiency, and customer service.

Scott Peterson, Loganair’s Risk and Controls Manager, said: “What attracted me to Q-Pulse Risk was the fact that it is aligned with the BowTie risk management methodology, which I consider a best practice in regard to risk management.

“Our number one priority is safety risk. However, there are a number of other risks that can be important.

“We need to be fully aware of all risks that could impact safety, customer service, efficiency, or financial sustainability for example. The Q-Pulse risk tool will help us identify, analyse, monitor, and provide assurances for all key risks impacting our business.”

etc"

[rivaldo] 17/11/2017 14:17

For the record, here's what Finncap had to say last week in reiterating their 108p target:

"Interim trading update

Ideagen has announced a trading update highlighting performance in line
with unchanged expectations – implying the company remains on track for
40% EBITDA growth, from total revenue growth of 29%. Organic growth
reported at 12% remains comfortably in line with our forecasts, with the
acquisitions of Covalent and IPI contributing for their first full year. Cash
generation was strong, with net cash of £5.9m at 31 October (vs £4.2m at
year end) demonstrating a robust balance sheet and showing our year end
net cash of £7.0m to be highly achievable. We reiterate our 108p target, with
the current FY19 free cash flow yield of 4.7% evidently too cheap from such
growth and execution."

[rivaldo] 16/11/2017 12:51

Cheers jimbo - another day, another contract win:

"Pentana Audit, Ideagen’s flagship audit automation software solution, will be adopted across Innogy’s operations in the United Kingdom, Germany, the Netherlands, Poland, Czech Republic and Hungary.

Innogy SE’s internal audit team of around 40 auditors will use the software to improve assessment processes throughout its locations, such as power stations and grids."

[jimbobaroony] 15/11/2017 12:52

More good news:

Innogy SE, a subsidiary of German electric utilities company RWE AG, will implement Ideagen’s Pentana Audit software across its European operations for internal audit.

www.ideagen.com/company/news/ideagen-to-work-with-energy-firm-innogy-se/

[igoe104] 14/11/2017 11:39

yes couldn't agree more, you can only see IDEA going from strength to strength and continue growing and growing and eventually having a + billion pound cap. certainly a share to leave for 5 years plus in your portolio.

[cheshire man] 14/11/2017 11:34

Thanks for posting that rivaldo :-)

[rivaldo] 14/11/2017 11:15

Encouraging to see Techmarketview comment on the Worcester Council contract win, even though it wasn't RNS'd:



"This win follows last week’s trading update, which revealed a strong H1 for Ideagen with revenue and adjusted EBITDA expected to be significantly ahead of H1 FY16, and underlying organic revenue growth of c.12%."

[rivaldo] 13/11/2017 13:47

Indeed. The growth potential in the USA must be pretty huge.

Meanwhile, IDEA have won a contract with Worcester City Council:



"Ideagen’s Pentana Performance software boosts Worcester City Council’s transformation programme
13 November 2017

Ideagen’s software will help the council “drive for excellence” with enhanced performance monitoring and reporting

Worcester City Council, which provides essential services to over 95,000 residents, is to adopt software from Ideagen as it looks to set up a reporting and performance monitoring system better aligned to a new council structure.

The City Council needs to ensure the correct information and data is presented and managed by the appropriate committee, following a recent move away from a cabinet-style leadership to a committee structure of governance.

Ideagen’s Pentana Performance software will ensure that operational monitoring and reporting will be replicated electronically, providing the council with a single picture of performance.

David Sutton, Deputy Director – Commissioning and Transformation at Worcester City Council, said: “The Pentana Performance software will align structurally to the way we are set up as an organisation.

“The software will integrate risks and performance, ensuring that they are being managed and monitored in one system rather than three or four.”

etc etc"

[superadams] 10/11/2017 20:07

Good to see all this US business. Shows to me that IDEA is emerging as a World leader in this field .

[igoe104] 10/11/2017 14:46

Another contract.


RATP Dev North America’s drive2zero™  program to use Ideagen Coruson for Safety and Incident Management
09 November 2017


The global transportation leader will implement Ideagen’s cloud-based software as a key part of its new drive2zero™ safety management framework
Ideagen, developers of quality, safety, audit, risk and performance management software, today announced that RATP Dev North America will integrate Ideagen Coruson software into the public transit leader’s new flagship drive2zero™ safety and security framework.
Coruson, which is a cloud-based software system for enterprise safety, quality, reporting and incident management, will be used by RATP Dev North America to directly manage safety, risk and operational performance across all bus, paratransit and rail services.  
Mike Anderson, Vice President of Safety & Security for RATP Dev America, said: “drive2zero482; is RATP Dev North America’s program to enhance our safety management systems. We will achieve drive2zero™ goals by managing safety and security analysis.
“drive2zero482; has four components - Safety Policy, Risk Management, Safety Assurance and Safety Promotion - to realise continuous improvements to transit operations and support RATP Dev North America’s commitment to an unparalleled safety record for our customers and employees. This approach is the heart of our safety culture.”
Andrew McIntyre, Coruson Project Lead at Ideagen, said: “Coruson will enable RATP Dev to capture incidents on location, provide real time status of incidents complete with investigation and follow up as well as conduct root cause analysis. The Coruson software will also provide safety data analysis, centralised risk registers for mitigation, action planning and continuous monitoring as well as operating as a central location for policy, control and document management.”
Coruson is Ideagen’s flagship cloud-based software system for enterprise safety, quality, reporting and incident management. It is currently used by some of the largest and recognisable transport organisations in the world including the International Airlines Group – the umbrella organisation for British Airways, Iberia, Vueling and Aer Lingus – Haeco Group, Ryanair, ADAC and HNZ Global.

To learn more about RATP Dev North America and drive2zero™, visit www.ratpdevnorthamerica.com.




hxxps://t.co/XLwcJSG9J0

[mfhmfh] 08/11/2017 10:44

buy rating reiterated in yesterday's IC

[rivaldo] 08/11/2017 09:10

Tipped on T.M.F:



"Certainly, the FTSE 100 may be relatively high at the present time, but this stock could offer high growth at a reasonable price. As such, it could be worth buying today ahead of potentially FTSE 100-beating performance.

Upbeat performance

The company in question is Information Management Software provider Ideagen (LSE: IDEA). It reported an upbeat trading update for the first six months of its financial year on Tuesday. The company’s performance was strong during the period, and it remains on target to deliver revenue and adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) which are significantly ahead of the same period from the prior year.

In fact, the business is expected to post an underlying organic revenue growth rate of around 12% for the period. It is also on track to meet expectations for the full year to 30 April 2018. Encouragingly, cash generation in the first half of the year was strong, with the company’s balance sheet having a £5.9m cash position as well as no debt. This reduces its overall risk and provides it with an improved risk/reward ratio for the long run.

Looking ahead

Ideagen is forecast to post a rise in its bottom line of 26% in the current year, followed by further growth of 10% next year. Despite such an impressive growth outlook, the company’s shares trade on a price-to-earnings growth (PEG) ratio of just 0.8. This suggests that they offer a wide margin of safety and that more upside potential is on offer after their 31% gain since the start of the year."

[glasshalfull] 07/11/2017 18:01

Concur with today's comments.
Well done to DH & team for delivering yet another excellent performance.

Last 7/8 years been a cracking ride & as yump says, happy to stick in the bottom drawer for a few years more. However they may not stay in the bottom drawer for too long, wouldn't be surprised if an acquisitor comes calling sooner rather than later given their pre-eminent position in the GRC space.

Kind regards,
GHF