Ideagen Share Discussion Threads

[rivaldo] 22/1/2019 07:37

A good set of H1 results. Looks like IDEA are nicely in line to at least achieve expectations, particularly given the H2 seasonality.

The 67% and rising recurring income partly explains why this company is rated so highly, along with the need for their products to meet compliance/regulatory requirements and the global growth which the company is achieving.

[soundbuy] 22/1/2019 07:15

That'll do.............

[melody9999] 21/1/2019 16:09

Bit leaky in advance of results? Or just buyers in a slightly more 'risk-on' market

[petewy] 21/1/2019 11:22

Thank you for your immediate and efficient reply.
I'd moan to the FT but they don't bother to reply and I use the back door to their site.

Off topic do you or anyone know what happened to Stegero?

[rivaldo] 21/1/2019 10:50

Petewy, as I said in the post, their holding was shown on the IDEA web site in the major shareholders list.

[petewy] 21/1/2019 10:43

Riv "They now own over 8%, up from 7.71%, with 17.61m shares." How did you know they had 7.71 before this buy - Vind Norway?
I use FT for major shareholders, ref markets.ft.com/data/equities/tearsheet/profile?s=idea:LSE which shows and lists major shldrs 47% but no Vind. Bringingtotal to 55%.


(long term holder > 50p)

[cheshire man] 21/1/2019 10:12

Who can blame then at this low sp,,,,,half yearly on the Wed. :-)

[rivaldo] 21/1/2019 09:03

RNS - Vind LV are continuing to buy. They now own over 8%, up from 7.71%, with 17.61m shares.

Which suggests they've bought another 700,000 or so shares from their prior holding per the IDEA web site and not just the 255,000 since their last purchase per the RNS:

[petewy] 20/1/2019 18:24

Interim Results next week?

[rivaldo] 15/1/2019 10:05

Finncap reiterate their Buy and 180p target. They summarise as follows:

"Ideagen has announced the £3.5m acquisition of Scannell Solutions, a provider
of Environmental Health Safety and Quality software on a SaaS platform, based in
Cork. Scannell has c100 customers including well-known brands such as Intel,
Johnson & Johnson, BT, Heineken and Coca-Cola, illustrating the quality of the
solution – typical of Ideagen’s acquisition strategy where M&A of quality software
and a strong customer list provides a de-risked alternative to M&A. We reiterate
our 180p target price and look forward to adjusting forecasts with interims,
scheduled for 22 January. Ideagen continues to demonstrate that with the three
certainties in life being death, taxes and regulatory compliance, automation of
Governance, Risk and Compliance remains a sweet spot for continuing industry
growth."

"180p target reiterated, for a stock which sets the bar across the sector for consistent execution and growth."

[paleje] 14/1/2019 15:11

IC gave it a thumbs-up in their daily bulletin:-

Ideagen (IDEA) has acquired Scancell Solutions Ltd for £3.5m. Scancell provides environmental health, safety and quality (EHSQ) software on a software-as-a-service platform. It is based in the Republic of Ireland and has around 100 customers including Intel and Coca Cola. At a current run-rate, Scancell is making €1m in revenues, 70 per cent of which is recurring, and is breakeven. The acquisition is expected to be earnings neutral for Ideagen this financial year. In its first full year of ownership, it is expected to contribute €0.3m in additional cash profits. Ideagen’s shares were down by around 1.5 per cent in morning trading. But we’re still positive; buy.

[cheshire man] 14/1/2019 08:09

Yes looking good rivaldo,,,,,,IDEA has done it again :-)

[rivaldo] 14/1/2019 07:42

Good-looking acquisition today for £3.5m - earnings-enhancing for the coming financial year, lots of recurring revenues, and in the fast-growing Environmental sector:



Plus lots of great clients which will aid cross-selling to the likes of "100 customers including Intel, Johnson and Johnson, BT, Heineken and Coca Cola".

[melody9999] 11/1/2019 12:55

Jim - in a massive sell off, I am sure you are right. However I was comforted by this comment from the last TU in Nov.

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.

I can think of many other stocks that might be affected more severely than IDEA - even in a recession companies have to look after their Governance, Risk and Compliance.

[jimbobaroony] 10/1/2019 08:19

I have sold 3/4 of my holdings in IDEA.

This is a reaction to the overall market situation. IDEA is still a great company but if the market has a massive sell off, it will follow.

[melody9999] 09/1/2019 10:17

leavers - I am!

having reduced my holding during the pullback, I have just reviewed all the IDEA activity in the past year - and boy have they been busy. Some of it here hxxps://www.ideagen.com/company/news Feels like a business firing on all cylinders and I expect this to be reflected in the HY which I have as 26 jan (though this may be last years date) But not long to wait. GLAH

[leavers] 08/1/2019 20:55

Pretty savage pull back from the 170 high. There was certainly a lot of bullishness at that time on advfn without any reference to the valuation the company was trading at - the shares were way over-stretched by every metric.

Who's a buyer now?

[petewy] 28/12/2018 13:48

hxxps://www.stockopedia.com/content/small-cap-value-report-fri-28-dec-2018-idea-placeholder-430673/

Small Cap Value Report (Fri 28 Dec 2018) - IDEA, placeholder

positive.

[soundbuy] 06/12/2018 09:25

Hmmm.................had better days

[rivaldo] 28/11/2018 09:17

This sounds good - and the roll-out still has a long way to go, with only 8 out of 35 subsidiaries completed to date:



"Ideagen’s software helps RATP Dev USA ‘reduce vehicle accidents by 19%’

The safety stats were unveiled at the global transportation leader’s recent Safety Summit in Texas

NOTTINGHAM, UNITED KINGDOM, November 26, 2018 /EINPresswire.com/ -- Ideagen, the UK-based, global software firm, today announced it has helped a major transportation company reduce vehicle accidents by 19%.

RATP Dev USA, a wholly owned subsidiary of RATP Group which operates and maintains urban intercity transportation systems in 14 countries, launched its ‘drive2zero™’ Safety Management System (SMS) last year and adopted Ideagen’s software.

Coruson, Ideagen’s cloud-based system for enterprise safety, quality, reporting and incident management, is used by RATP Dev USA to directly manage safety, risk and operational performance across all bus, paratransit and rail services.

Mike Anderson, VP of Safety and Security for RATP Dev USA, said: “We started implementing SMS in our subsidiaries back in December 2017 and, to date, we’ve implemented SMS in eight out of around 35 - so we still have a lot of work to do.

“But our initial results are very promising – we’ve seen an overall reduction year-to-date of 19% in vehicle accidents alone.”....

.....RATP Dev USA transports more than 78 million passengers across the United States through various transportation services such as bus, urban or intercity rail lines (streetcar), and shuttle services.

etc"

[igoe104] 23/11/2018 11:00

Yes very reassuring Rivaldo, to see Liontrust adding heavily.

Just checking in from a break in Belfast, another one to tick off the bucket list.

[rivaldo] 22/11/2018 12:24

Liontrust are really piling in here - another RNS just out. They now own 15.33%, or 33.6m shares.

That's over 5m more shares bought in the last few days:

[advfn_sales] 21/11/2018 17:19

Here is your chance to meet with Ideagen:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.

See you there.

[petewy] 21/11/2018 09:39

His results today for LIO were good. (Long term holder)