Intercede Share Discussion Threads

[jailbird] 05/11/2007 11:27

LOL...no, really looking for a quick punt around..but the mkts looking
a bit shakey for me....

i'm looking into spreadbetting at the moment..it might be
the better option if the mkts go down...

[igoe104] 05/11/2007 11:18

BEing a jailbird you would know all about that. LOL

PS ARE IN with ccgp yet ?

[jailbird] 05/11/2007 11:11

what is his name then?

[taurusthebear] 05/11/2007 10:27

Wouldn't be surprised to see this under 30p, down to 20p. In a credit squeeze, who is interested in non-profit-making companies with negligible cash?

Not to say it mightn't be a bargain at under 30p, though... :0)

[4graham] 05/11/2007 10:19

agreed 237 i keep reading the quote on the header `"The stock market is a wonderfully efficient mechanism for transferring wealth from the impatient to the patient." - Warren Buffet

I will top up in a few days when some funds are cleared, to me this a great medium long term hold ( mind you i have been wrong before!)

[237gmoney] 05/11/2007 10:14

Am suprised to see IGP fall yet again but if people cant wait, the company dont release any newsflow then the price will fall on any size sell. MM's cant find a buying market for this at the moment and how low does it hae to go before people start to get interested???

Mkt cap now starting to look silly for a company this far down the line.

[jailbird] 05/11/2007 08:51

WJ,


i had a look at FSG..looks like decent company too..missed
the recent drop! to buy some.
what's you thought on mkt cap comparison's between
FSG and IGP...when looking at the revenues and cash etc.
shares in issue for FSG are less than IGP's.

hey is zingmo selling his last few today.

[igoe104] 01/11/2007 16:07

ALSO an expected involvement in the national uk id card, would push this share price through the roof.

[wjccghcc] 01/11/2007 15:23

A bit harsh zingmo.

Turnover in the last 3 years has increased from 1.8mm in 2005 to 2.1mm in 2006 and to 2.6mm in 2007. I'm hoping for them to reach 3-3.1mm for the current year ending march given the 20% uplift in H1. The operating loss has stayed static because the staff numbers have increased - from 30 in 2005 to 43 in 2007 plus lots of travel costs to the US.

The nature of the business is that they have invested to take advantage of the current increasing demand for ID management. The issue is that they don't see the revenues until 12-24 months after bidding for a contract because of the long lead time in implementing such complext projects.

After H1 where IMHO costs will have increased to support the TWIC implementation (hence still lossmaking in H1), I suspect thereafter we're getting near the tipping point where the revenue increase will outweigh any further cost increase and the 98% margin operational gearing will kick in. At that point the market will certainly sit up and take notice.

Reminds me a bit of IND a few years ago...

[jailbird] 01/11/2007 13:42

zingmo,

"Will hold the little bit I have left."


so have u been selling lately..can i ask how many you have sold recently?

[zingmo] 01/11/2007 13:38

gmoney - again I hope you are correct. But the facts are the facts. Even if the margin was 100% of 2.5 million, turnover is still only 2.5 million. Not a lot for such a promising company. Still a very risky stock.

Will hold the little bit I have left.

Good luck!

[237gmoney] 01/11/2007 11:57

The nature of IGP's business model has taken time to progress to the stage it is at now. You have to read between the lines with IGP as current turnover does not reflect the work they have put into the company. Staff levels have remained low as they do not need many staff to print ID Cards. Machines do that for you. IGP have 97% margins as they do not need sales staff because of the OEM relationships they have with the major players.

It is frustrating but 2008 will see the company yet again exceed average growth rates for the IT sector beacuse of the recurring revenue from the licences they have already sold, these will have less and less costs attached. New sales streams are getting bigger and bigger and with Security at the top of governments thoughts, ID Cards will be around for a long time.

The share price will only rise in big chuncks, the same as it has fallen in big chunks. I cannot see the Share price go any lower than present because turnover is getting bigger and bigger. if the company annouce a profit this time round, they will make people sit up and take note, and if not this time round, it will be sooner rather than later.

[zingmo] 01/11/2007 10:48

gmoney - I hope you are correct. But it still does not change the fact that for the 4 plus years I have been following they are still not profitable. Also, their employee base has increased minimally if not remained pretty much the same...where's the growth? Based on their current share price they are still overvalued.Most companies looking to acquire would base their valuation on turnover...and Intercede's turnover is low.

[237gmoney] 01/11/2007 10:33

Disagree with you there zingmo...With TWIC and HSPD12 in full flow I think the results this time round will show some good signs that this company is moving up fast.....20% growth in H1 yr on yr and most probably the same in H2 and maybe even more....

Is that not enough??? Yes I want more too but we have to be realistic. At the current share price the company will be a prime target for a buyout if it gets a contract on the UKID cards so IMO it is trading at half what it should be but when we see the H1 figures we will see where this is going for sure....

[zingmo] 01/11/2007 10:18

This company keeps promising but nothing has come to fruition. 4 and half years and patience is running thin. Perhaps it's time for some new management?

[237gmoney] 30/10/2007 09:30

TWIC ramping up which can only be a good thing for IGP....

We seem to have hit the bottom now with very little movement over the last week or so. The company is up 20% in H1 and with the TWIC delays ironed out seems this will start to move upwards come results time....

Good time to buy now IMO......

[237gmoney] 26/10/2007 16:07

Thats the one I use as well for latest news....Take it you were leading us to the ID Data contract.....peanuts to what the TWIC contract is worth over the 5 years IGP are on it....yet nobody at IGP want to say anything about it....

keeping it a secret til results come out on the 31th december at 4.29pm....

zzzzz......

[rambutan2] 24/10/2007 23:04

keeping an eye on an oem...

OBERTHUR CARD SYSTEMS & FRANÇOIS-CHARLES OBERTHUR FIDUCIAIRE MERGE THEIR BUSINESSES TO CREATE A WORLD LEADER IN SECURE TECHNOLOGIES


i also see that 3rd quarter results show good growth...

[rambutan2] 24/10/2007 21:57

good find 237g,

well worth a read and bodes well for the future.

[237gmoney] 24/10/2007 12:28

IGP will have been involved in this as they were with the Nottingham NHS Trust.

[djf83] 24/10/2007 09:03

A rocker ??

[igoe104] 23/10/2007 12:08

COULD BE driving license up-grades in the uk soon.

Public consultation on 'smart card' driving licences launched
By Chris Newbigging

Politics & the law

19 October 2007 15:39


A public consultation will be launched shortly by the DVLA for proposals for a trial of smart card provisional driving licences in Wales.

The smart cards will be distributed in the early part of 2008 as part of a twelve-month trial into the feasibility of fitting all provisional licence cards with the chip. The trial will be restricted to Welsh Bi-lingual provisional licence holders for the period of the trial.

The chips built into the card will contain the data usually displayed on current photo card licences – name, date of birth, address, licence number and driving entitlements.

The Driving Standards Agency will be provided with card readers, which will allow them to access larger, higher quality images of the driver to ensure experienced drivers can't illegally take the driving test for provisional licence holders. Welsh police forces will also be equipped with receivers to aid in roadside checks, and Welsh DVLA offices will have readers available if carriers of the card wish to inspect the information stored on the chip.

The consultation is hoping to establish public opinion on implement the smart card licences over a wider scale, potentially allowing drivers to access electronic services via a chip and pin system, or allow access to driver information for the purposes of car hire and insurance.

You'll be able to see the consutlation on the DVLA website, here, when it is launched.

• The announcement comes less than a month before the DVLA is due to announce the results of a trial into 'spy chips' in number plates, which will allow driver's information to be access via roadside and handheld readers, and potentially track a vehicle's movements. See MCN's online spy stories by clicking here.