Integrafin Share Discussion Threads

[shavian] 14/3/2018 06:03

Hi guys. I'm new to the thread, but have been an avid fan and user of Transact for over 10 years. I'm a director of a small investment-orientated IFA firm, and we absolutely love Transact as our primary platform, having had lots of other less edifying experiences. Being 'whole of market' we cannot use Transact exclusively, but given the level of service provided we wish we could.Most top-end IFAs rate Transact highly (see surveys from Platforum and elsewhere) mostly for quality of service. Having visited the 'engine room' on a couple of occasions I can vouch for the fact that it's a very happy ship with a great CEO in Ian Taylor. There are about 15 regional teams of about 6-8 operators each zeroed in on a couple of postcode regions. We know the members of 'our' team by name and they know all of our advisers . This works very well and any issues are sorted out by secure email or phone in a flash. What a contrast with the depressing business of trying to talk with anyone at any of the insurance-based platforms like Aviva, Standard Life etc where personal contact has been eroded over the years.Transact used to have a reputation for high charges, and never set itself up to be the cheapest platform, but they have reduced cost over the years and are now very competitive for clients with over £120k on the the platform. family members can benefit from reduced platform charges based on total funds under management which is great for bringing clients' kids into the system very cost-effectively.Most importantly this has always been one of the Very few profitable platforms ,so this should be a great investment for retail investors imho. GLA, DYOR, NAIDisclosure: I have taken a small holding in IHP which I declare to my clients as a potential conflict of interest, but I prefer to regard it as a mark of my confidence in Transact

[davydoo] 13/3/2018 22:05

As a user of Transact and James Hay, I think Transact are streets ahead

[gsbmba99] 13/3/2018 19:09

I've been doing some reading on these. Does anyone know if there are any brokers that permit trade of the when issued securities during conditional dealings? I was disappointed that I couldn't buy IHP through any of my accounts when it first began trading. Also, pdf page 49 of the admission document has a very useful summary of all of the b2b platforms (including technology used) in the UK. There are 17 listed. Speaking recently with PAM.L, they said they had to have a presence on 39 UK platforms. Seens rather a lot of platforms. That list of platforms also contains James Hay (IFG Group) which looks potentially interesting.

[nurdin] 12/3/2018 16:27

Agreed.The only drawback here is the free float, which is only 25%, if I am not mistaken.

[modform] 12/3/2018 14:42

Thanks nurdin, love the quiet thread and the slow appreciation of share price It could be institutional accumulation that's driving the sp, it can't be PI due to the mcap of the company.

[nurdin] 09/3/2018 20:04

Davy..thanks for that..very useful.I do hope IHP have a good competitive advantage!

Modform,this should soothe.On page 78 of the Prospectus,under Current Trading and Prospects,this is what they say:

"In the period from 30 September 2017 to 31 January 2018 the Group has continued to experience strong inflows, ahead of expectations,with FUD as at 31 January being £30 billion,an increase of 7.5% from the end of 2017"


That is pretty good going Id say.

[modform] 09/3/2018 18:12

Ah nice, there was no thread yesterday, but well done and thanks for opening the thread. I have been waiting for a drop but it doesn't seem to be happening, so bought by initial position yesterday and added this morning, the net profit margin of 38% really sealed it for me.Not sure how much growth is in the pipeline but they have made a profit and growing since 2003, really remarkable.

[davydoo] 09/3/2018 17:18

There's loads Nurdin

Which can be divided broadly into two groups of advisory platforms.

The big insurers; Aegon (who bought Cofunds), Standard Life (who bought Axa's Elevate platform) Aviva, Royal London (platform called Ascentric). Fidelity the fund manager have fundsnetwork

Then the independent or pension related ones; Transact, Nucleus, AJ Bell's 'Investcentre', Wealth Time, James Hay

There's all the retail ones as well, like Hargreaves Lansdown

Many advisers are nervous to recommend the insurers platforms, as they have been known to close/sell/change them, and they have their own teams of advisers.

A good source for more info is www.theplatforum.co.uk www.langcatfinancial.co.uk which are both platform consultancies we use.

[nurdin] 09/3/2018 11:52

Well done davy...you beat me to it.It is good to have someone with an inside knowledge leading the charge so I am glad you have taken the initiative.

The only question I have is, what is the competition out there for Transact?

cheers

[davydoo] 09/3/2018 08:57

I am a Director and Chartered Financial Planner at Satis Asset Management in Pall Mall, London. www.satisuk.com

We have recommended Transact to some of our clients and know the platform and the business well.

We have no commercial relationship with them ourselves, just a desire for them to improve their service and lower their costs for the benefit of our clients.

I am not a shareholder and do not intend to be as I believe this would risk a conflict of interest with my clients, but I think it is a fabulous business that has improved the efficiency for advisers, improved the investment experience for clients, and lowered costs for both. All while generating £650m in value for themselves.

I am happy to answer any queries, and I will post my own thoughts from time to time.

[davydoo] 09/3/2018 08:52

I didn't expect to be the one creating this thread.

Integrafin Holdings is the newly IPO'd parent of the Transact wrap platform, which some Independent Financial Advisers recommend to clients as the custodian, provider and administrator of their clients investments, ISAs and pensions etc

No direct to consumer offer, and very little public awareness unless someone has been recommended it by their own adviser.

www.integrafin.co.uk
www.transact-online.co.uk

[mike_f] 11/1/2012 10:38

Pick of AIM

For organisations, the cost of taking employees away from the office to conduct training exercises can be crippling, in terms of both the financial and opportunity cost. The e-learning market is worth £472 million in the UK and is forecast to grow 12 per cent this year, but the market for digital learning products is around £5 billion.

Education-focused entrepreneur Andy Hasoon has recently turned up as chief executive at Intellego. He intends to build a major player in the digital market, both in the UK and globally.Though training focused, the AIM company he inherited had lost its way. But the debt pile of £1.6 million has now been eliminated, and with new management on board Intellego has refreshed its 'sales leads' – indeed, the prospect pipeline has since doubled.

In May it acquired PIXELearning, a 'gamification' business involved in serious games. This is the process of applying serious gaming techniques to the workplace – an area Gartner reckons will be used by 70 per cent of the Global 2000 by 2014.The plan is to develop off-the-shelf products that will be sold via subscription and pay-as-you-go.

Research suggests that modern learners want to pick up content in bite-sized pieces – preferably at a time suitable to them.Stake in the marketIntellego has also picked up a stake in the Digital Learning Marketplace (DLM), a new learning platform intended to allow SMEs, corporations and professionals to access their day-to-day learning requirements.

It has secured a £740,000 grant from the UK government, and has signed up Pearson Education and Ashridge Business School as participants. The DLM will have global appeal, but as part of a two-year development phase will not be fully operational until 2013.Within its existing business, Intellego has slashed overheads and is now selling products at much higher margins. In the year to March, it returned to the black with a £146,000 pre-tax profit (2010: £1 million loss) on sales down 14per cent to £1.6 million. It has since recorded a 'significant improvement' across all divisions.

Hasoon is keeping his acquisition targets close to his chest, but for those that invest now the next few years should provide an interesting ride.Overseas expansion Hammersmith-based ILX Group originally listed as Time2Learn back in 2000, but is now a very different animal. Using a range of software and classroom-based learning, it is a best-practice training company that has trained over 500,000 people across more than 100 countries. ILX is the world's leading provider of PRINCE2 training – a process-based method for project management, which is well regarded and used extensively by UK government.

[mike_f] 10/1/2012 07:33

New thread created under new ticker:

[acta_topup] 05/1/2012 14:01

Honestly, what is going on with these pathetic small volume sells on a daily basis? Of course the MMs are exploiting this to the max, resulting in a steady drop in the shareprice. This seems to be hapening to microcaps across the market at the moment. Guess the long term investors just need to keep taking advantage of the situation, but it's hard to have an endless supply of cash!

[tara7] 04/1/2012 11:47

New year, new name.!!

At least with this tiny Aim stock the directors are on the ball, they seem to have sales in their blood!

If we can get T/O up with big margins the shares should move upwards.

[lessismore2] 27/12/2011 16:06

HIGHLIGHTS OF INTERIM RESULTS

* Balance sheet strengthened net assets £88,441 (2010: net liabilities £624,712)
* Revenues £578,940 (2010: £826,444) affected by sale of business unit in April 2010 resulting in a loss £132,469 (2010: profit £63,734)
* New management recruited with the acquisition of PIXELearning Ltd
* Exceptional item resulted in write-back of liabilities £571,403

POST BALANCE SHEET ACTIVITIES

* Two new business wins announced post 30 September 2011
* MOU to acquire majority interest in Digital Learning Marketplace project
* Move to new offices in Central London

Commenting on these results, Chairman Angus Forrest, said: "The financial transition that was started two years ago is progressing well with the balance sheet strengthening by £464,000 since 31 March 2011. We have a new management team that is taking the Company forward with new vision. They have begun to change the business model and are pursuing new initiatives. The benefits have started to become apparent since the period end. Your Board believes the full year results will show a significant improvements in sales."

[lufc5] 23/12/2011 12:33

Results out. No real surprises.

[chrisis33] 21/12/2011 13:08

Next interim announcement 22/12/2011

That's tomorrow.

[lufc5] 21/12/2011 13:04

Key Dates
Next AGM 26/09/2012
Next annual report due 30/08/2012
Next prelim announcement 08/08/2012
Next year end (to be reported) 31/03/2012
Next interim announcement 22/12/2011
Last AGM 26/09/2011
Last prelim announcement 08/08/2011
Last annual report 05/08/2011
Last year end 31/03/2011

[chrisis33] 20/12/2011 20:53

Thanks boneyone ... What's your source? My top up today by the way at .17p

[boneyone] 20/12/2011 20:37

Name change for Intellego holdings in the New year to Digital Learning Marketplace PLC. This is to take into account the direction of the company, for the future.

[chrisis33] 19/12/2011 11:59

That's a pretty big holding! I've accumulated just over 2 million shares.

[acta_topup] 19/12/2011 11:49

Wish I had the funds, honestly this is madness considering the potential growth story, let alone current profitability. The only thing I can think is that we may have a temporary dip at the time of the interims but equally we could have a substantial surge upward if the outcome is better than expected. Regardless in the medium to long term the shareprice is hideously cheap. I have 13 million but am aiming for 20 million.

[lufc5] 19/12/2011 11:45

Me is topping up....