Ideagen Share Discussion Threads

[cheshire man] 21/11/2018 09:38

Good to see :-)

[themachine99] 21/11/2018 09:26

Anthony Cross at Liontrust is a top fundmanager and knows Ideagen very well having invested at 19p in 2013...his conviction is a real positive

[rivaldo] 20/11/2018 13:55

RNS - Liontrust continue to buy. They've now got 12.88%, or 28.2m shares. A month ago they had 24.6m shares, so they've added a nice 3.6m shares since then:

[davidosh] 18/11/2018 21:02

Here is the full two day programme schedule for MelloLondon including Ideagen



It is jam packed full of about 75 company presentations, lots of top quality speakers and panel sessions plus workshops to help with investment style and techniques etc.

The pre event fun starts on the Sunday evening with a dinner and investor quiz hosted by John Lee but the main conference begins on Monday 26th November at 9am through to Tuesday 27th in the evening so do come and join us as there are still 97 tickets left...



See you there.

[cheshire man] 13/11/2018 16:32

Surprised at the selling but in these markets a bird in the hand and all that.....one that is staying in my PF,,,,,,,excellent update this morning IMO :-)

[soundbuy] 13/11/2018 14:27

Hmmmm........expected a tad better..........soggy market.....zzzz

[jonut] 13/11/2018 12:55

just tried a dummy trade 2000 shares offered at 146.273, just above the bid price and same price as the last sell trade!

[petewy] 13/11/2018 09:57

buys showing up as sells

[rivaldo] 13/11/2018 09:32

Finncap retain their 180p target:

[rivaldo] 13/11/2018 07:41

Agreed. Wonderful recurring income, and a very strong H1 update:

"The Board is pleased to report that trading has remained strong in the first half of the financial year and that revenue and EBITDA are both expected to be significantly ahead of the same period last year and in line with management's expectations."

Cash generation remains strong, so it's still possible we'll get more acquisitions this year.

And confidence remains high:

"The market opportunity remains large and long term and given the Group's position as a leader in the Governance, Risk and Compliance market, the Board is optimistic about the Group's continued growth prospects."

[soundbuy] 13/11/2018 07:27

'the Company now expects to generate 74% of its revenues from recurring contracts by the end of 2020, up from the 70% previously anticipated'

.......this I like............

[multibagger] 13/11/2018 07:21

RNS Number : 1155H

Ideagen PLC

13 November 2018

Trading Update

Ideagen PLC (AIM: IDEA), a leading supplier of Information Management Software to highly regulated industries, today provides an update on trading for the six months ended 31 October 2018.

The Board is pleased to report that trading has remained strong in the first half of the financial year and that revenue and EBITDA are both expected to be significantly ahead of the same period last year and in line with management's expectations. This has been achieved through both organic revenue growth and the acquisitions of Medforce (acquired in April), InspectionXpert and MK Insight (both acquired in September)

The Company has a clear strategy to grow revenues organically and maintain high EBITDA margins whilst transitioning from a perpetual licence to a SaaS based subscription model. The successful execution of this strategy will provide an even more robust business model and provide a higher quality of earnings over the medium term without impacting the short-term profitability of the business.

Historically the board has measured performance using a number of KPIs such as total revenue growth, organic revenue growth, EBITDA and EPS growth. The board will now also report total bookings growth and SaaS booking growth which are both important metrics during the transition period and beyond.

Strong customer demand and sales execution in the period indicates that the transition is progressing successfully and is ahead of schedule. Total like for like bookings growth increased by 34% and total like for like SaaS bookings increased by 80%.

Given the momentum of our SaaS business the Company now expects to generate 74% of its revenues from recurring contracts by the end of 2020, up from the 70% previously anticipated. Organic revenue growth in the period was 8% which, in the context of an accelerated SaaS transition, represents a strong performance.

The Company continues to compete and win new business within the UK and international markets reflecting the Company's global expansion. During the period the Company won 120 new customer logos including GlaxoSmithKline, Boston Biomedical, Virginia State Office, McLaren, Mercedes AMG, Keolis and Cancer Research.

At the period end the group had net debt of GBP1.3 million (30 April 2018: net cash of GBP0.8 million) after spending GBP24.3 million on acquisitions and raising GBP19.4 million net of costs on a share placing. Operating cash generation in the period remained strong.

Ben Dorks, Chief Executive Officer of Ideagen, commented:

"I am pleased to report another excellent start to Ideagen's financial year. Our core markets are strong and underpin the demand we have seen this half. We continue to execute our strategy, delivering growth and investing in the business whilst tightly managing the cost base. The Company has continued to make acquisitions which have further enhanced our global reach, customer base and product capability.

Cash generation has been robust which coupled with further growth in new SAAS recurring revenues and an increase in repeat business from our growing customer base provides a strong platform for the second half

The market opportunity remains large and long term and given the Group's position as a leader in the Governance, Risk and Compliance market, the Board is optimistic about the Group's continued growth prospects."

[sharesoc] 10/11/2018 16:42

Ideagen present at our growth company seminar in Manchester on the 20th November which may be of interest to shareholders or potential investors.

[igoe104] 09/11/2018 12:25

Idea Global domination continues.

pladis, the global snacks leader, launches Ideagen’s software for global SQSE operation.


The owner of McVities will implement Ideagen’s Coruson software for its safety, quality, security and environmental responsibilities

pladis, owner of snacking brands such as McVitie’s is to launch a new software system to enhance its global safety, quality, security and environmental (SQSE) operations.
The global snacks leader will replace a series of current legacy systems with Ideagen’s Coruson software as it looks to streamline several operational processes.
Coruson will become the company’s single system for SQSE, helping pladis enhance quality, speed of manufacturing and distribution as well as the safety and security of its 26,000 staff globally.
Ideagen’s software will also boost compliance across the pladis‘ network, ensuring the company can easily meet requirements of external certification bodies such as the BRC, ISO and GSFI.
Denis Treacy, Chief Safety, Quality, Security & Environment Officer for pladis, said: “My team operate across areas of health and safety, product quality, food safety, security and environment. We are there to ensure that we protect our consumers, our employees and the environment and the foot print that we leave.
“As we are a global business operating across continents, time zones, languages and cultures, in order for us to bring all of this together into a cohesive, agile and reactive process we need an integrated management system in the form of Ideagen’s Coruson.”

[callmebwana] 09/11/2018 10:55

LOL guys :o). Wishing you guys the best in you investments.I hope you make loads. Just hope Trump and Xi come to terms in Argentina later this month and Brexit is worked out. Some head winds at the moment, but hey, ho, that is life in our modern world.
GLA.

[superadams] 09/11/2018 09:58

Callme- I have several stocks with the Rivaldo footprint- it's a bit like the Royal Warrant !

[rivaldo] 09/11/2018 09:53

Great taste perhaps? :o))

I do have a diversified portfolio rather than a concentrated one. I find this is best in the long-term to minimise risk, but that you can still have fast growth assuming you find a multibagger every now and then whilst the remainder of the portfolio chugs along hopefully producing decent growth overall.

[callmebwana] 09/11/2018 08:57

LOL,Rivaldo,every time I look and think I have found a good share,you pop up !!
How come ??
ATB

[rivaldo] 09/11/2018 08:25

Livingbridge UK Microcap fund invested in IDEA recently via the acquisition fundraising - there's some interesting commentary from around 9 minutes in on this 3rd quarter fund review:



Livingbridge knew previously about Morgan Kai, who IDEA acquired in late September following the fundraising, so were therefore aware that Morgan Kai looked a good acquisition and fit for IDEA.

[fizzypop] 08/11/2018 17:23

WheelieDealer
‏ @wheeliedealer
15m15 minutes ago

Uptrend on #IDEA is a beauty. The Risks here are around the Acquisitions and the Rating looks quite high. Good sector in that Compliance is big news.

[callmebwana] 08/11/2018 16:19

I was in these shares but sold out and took profits and back in today again.
Can't let a good one slip through my hands.IMHO.
GLA.

[davidosh] 04/11/2018 19:37

For those of you in the south that cannot make it to Manchester....Just to let you all know that Ideagen will be exhibiting and presenting at our MelloLondon investor event in Chiswick W4 next month. MelloLondon is a two day event and starts on Monday 26th November through to Tuesday 27th November. You can find out more here...



There will be 65 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[sharesoc] 04/11/2018 15:16

Ideagen present at our growth company seminar in Manchester on the 20th November which may be of interest to shareholders or potential investors.

[cheshire man] 30/10/2018 10:55

Continuing today fizzypop :-)

[fizzypop] 29/10/2018 16:34

4pm bounce and long overdue.