Intercede Share Discussion Threads

[igoe104] 14/11/2007 08:46

When folks release that a small company with a market cap of 14 million will be involved in the uk national id card in a big way, and find out all the other projects they are involved in oracle, healthcards, usa security projects, they will start piling into this share.
this will soon rocket up.

[tole] 14/11/2007 08:21

Excellent find again Rivaldo. Thanks for posting.
Good to see this moving in the right direction now :)

[rivaldo] 14/11/2007 07:59

From the Times today:



"Rumour of the day

Intercede, the AIM-listed developer of smartcard and ID management software, rose 4p to 38½p on speculation that it would benefit from news of more than 5,000 undocumented immigrants being employed as security guards. The Home Office has said that it will be introducing a new ID card in 2008 for foreign nationals."

[4graham] 13/11/2007 23:53

lol yump, i bought at 44p 67p and today at 39p but very happy with holding.

taurus i would be very suprised to see these at nearer 30p but like you i would top up again!

[yump] 13/11/2007 23:31

This is a bit of a shock - why has one of my shares risen suddenly ? They're supposed to halve. Oh, it already has, OK.

Perhaps because there was no obvious stable level on the way down it will be clear right up to 60p - doesn't exactly hang about if it gets going...

[taurusthebear] 13/11/2007 19:19

Yes, I call it the Stegegro effect. Once people see the price rising, they buy in. Look at the ADVFN votes, it was 1/10 for BUY/SELL (I was the only BUY) a week ago, now it is 4/10. That's psychology, not fundamentals. With the DOW up, that may follow through tomorrow, but without revenue info the share price can only go so far. I wonder how many will be selling on or before the results?

I truly am in for the long-term on this one so it doesn't matter to me, but would only top up at nearer 30p than 40p. :0)

[igoe104] 13/11/2007 15:13

Just did another dummy run, still the sell price is the mid-price 38.5p. this should continue to rise.

[igoe104] 13/11/2007 12:19

LATEST NEWS ON THE UK ID CARD.

[237gmoney] 13/11/2007 11:24

You hit the nail on the head there stegrego, he who hesistates....but we could have bought at 32.5p last friday and now its 40p, goes to show how fast this can move up on really low volume. all it was down to was a 30k order, caught the mm's napping.....well once the newsflow picks up, results come out in the next months or so, we should have something to smile about.

WJ ok i many be optimistic of an oracle based contract in the immediate future, but the fact that we are now able to be in the position to get one, and many of them, will lead to a bigger rise in revenue in the next 6-12 months. already 20% up yr on yr, I say we could double that rise again next year and some.

And all this is not factored into the company share price

[stegrego] 13/11/2007 10:57

Thought about getting a few at 35p - didnt

Very nearly bought at 37p this am but didnt

Just bought a few at 40p

He who hesistates.....

Lets see how it goes

[wjccghcc] 13/11/2007 10:06

As an example of the diverse range of Oracle Identity Management Clients:

Leading Organizations Rely on Oracle® Identity Management To Securely Provision Users, Manage Identities and Protect Critical Data
Enterprise-Level Security and Single Sign-On Capabilities Help Safeguard Heterogeneous IT Systems
REDWOOD SHORES, Calif., 10-MAY-2006 11:03 AM Oracle today announced that leading organizations throughout the world are using Oracle(r) Identity Management to help improve customer service, meet compliance requirements, secure and integrate confidential data and gain a competitive advantage. Gevity, Network Appliance and Seguro Popular Agency are a few of the many customers poised to reap significant benefits from Oracle Identity Management.

Serving as the security backbone for Oracle Fusion Middleware, Oracle Identity Management is a comprehensive and integrated family of best-in-class identity and access management products that help enable customers to manage identities and secure access to sensitive data. Oracle Identity Management provides a number of key capabilities including Identity Provisioning, Password Management, Access Management, Identity Administration, LDAP Directory and Virtual Directory Services, Identity Federation, Audit and Compliance Reporting and other services. Based on a hot-pluggable architecture, Oracle Identity Management interoperates with all major databases, directories, application servers and applications - enabling customers to build on their existing IT infrastructure.

"Organizations require a comprehensive solution that can provide identity, access, and user provisioning solutions for a diverse IT environment," said Hasan Rizvi, vice president, Security and Identity Management Products, Oracle. "Based on our hot-pluggable architecture, Oracle Identity Management provides organizations with a unified means to seamlessly and securely manage users and their access rights across Oracle and non-Oracle systems."

Customers Cite Strength of Standards-Based Architecture
Organizations spanning multiple industries are lauding the integration, manageability and standards-based application support as key benefits of Oracle Identity Management.

Increasing Security and Extending IT Investments
With more than 8,000 small to medium-sized businesses around the country as clients, Gevity is one of the leading Human Resource outsourcing firms in the U.S. Gevity provides a comprehensive employment management solution that helps clients improve profits, grow sales and increase customer satisfaction through superior people management practices.

"We selected Oracle COREid Federation, part of Oracle Identity Management, in order to enhance our ability to provide an open, secure and robust solution for identity management federation," said Lisa Harris, senior vice president and CIO, Gevity. "We also chose additional components of Oracle Fusion Middleware, including Oracle BPEL Process Manager, to deploy and extend the next generation of Oracle Applications."

Provisioning Internal and External Users
Network Appliance, Inc., a leading provider of advanced networked storage solutions, recently selected Oracle Identity Manager. NetApp plans to use the product to provision internal and external users across a variety of business applications.

"As a world-class storage provider, NetApp has a demanding and diverse computing environment that consists of Oracle's PeopleSoft Enterprise applications, the Oracle E-Business Suite, plus other enterprise and custom built applications. We require a provisioning product that can easily plug into our existing infrastructure," said Patrick Rogers, vice president of Product and Partners at Network Appliance. "As a company, we are focused on simplifying data management for customers. Therefore, we seek to deploy solutions with outstanding performance and reliability to meet the demands of our business, without adding complexity. We are confident that Oracle Identity Manager will meet our interoperability needs and will help us streamline provisioning for our internal and external contacts to provide nothing less than a great total customer experience."

Securing and Integrating Patient Records
Seguro Popular Agency is a government agency in Mexico responsible for improving health conditions by providing health insurance programs for all its citizens in need. Tasked with providing insurance cards to more than 3 million Mexican citizens, e-siglo, an Oracle partner, selected Oracle COREid Identity and Access and Oracle BPEL Process Manager to integrate Seguro Popular's main agency application with hospitals and drugstores throughout the nation.

"We selected Oracle as the de-facto technology because its standards-based solution met the project's current and future demands to integrate, manage and secure access to the sensitive data found in public health records," said Osiel Tizcareno, director, e-siglo. "Standardizing on Oracle middleware for the Seguro Popular project helped enable us to experience the benefits of best-in-class identity and SOA technologies."

For additional information about Oracle Identity Management please visit:

[igoe104] 13/11/2007 10:01

ABIT of recent news from oracle.

[igoe104] 13/11/2007 09:49

put in the oracle link, at the top of the page.
yep i think it will be around that level after results.

[garth] 13/11/2007 09:44

So, with optimism returning to the share price, 50p by Christmas?

[garth] 13/11/2007 09:43

WJ & 237,

thanks for taking the time to make such clear and informed responses. Igoe - would it be possible to add a summary to the header? Or a link in the header to a post with significant background?

G.

[wjccghcc] 13/11/2007 09:41

237, agree with you the Oracle link is potentially huge, allowing Oracle customers to expand the ID management of their employees from IT accounts to include smartcards, USB keys, biometrics, PKI certificates etc.. MyID is the only FIPS-201 approved CMS/IDMS that can do this (and AFAIK none of the other 3 FIPS-201 providers have partnered with Oracle). Most US coporates will demand FIPS-201 as "the standard" going forward.

However, in my experience, no client will rush into this without examining it from every direction so I wouldn't hold my breath for any immediate contract (unless they've been beta testing it with certain clients). 2008 however should be a different story :-)

[igoe104] 13/11/2007 09:38

Looks like there is more of a rise to come. the mms are offering the mid-price 38p to sell.

Max to buy 750 shares for 39p. LOL

[spooky] 13/11/2007 09:37

igoe104 - It wasn't my order,it was a stray order executed through a friend.

[rivaldo] 13/11/2007 09:33

Good to see interest in IGP rising again, and thx to WJ and 237 above for their explanations and to all for the quality on this thread - I'm still familiarising myself here so am sitting here quietly lurking happily with my holding!

[igoe104] 13/11/2007 09:09

YES it just shows how quickly this can move up even with a 30k buy. that will turn out to be a good investment for you spooky.

YOU MUST HAVE over 350,000 of these now spooky.

[237gmoney] 13/11/2007 09:08

Garth my take on the situation. Now def moving towards an uptrend as we have broken the downward trend line, and there is three reasons for this in my opinion.

1st is the recent seller of the last two/three months has stopped. He kept this share price down but has not sold any now for a good while.

2nd is the recent oracle update. the company has announced this many months ago and it is a major step for the company as it opens up IGP's product to many thousands more companies. I truely believe this news should have been announced as it would have put 10p on the share price This news has been underestimated imo. we are starting to see the effects of this and when the first contract is announced then the price will start to jump up. Todays rise could mean there is a contract already agreed???

3rd is the TWIC program has finally taken off on Oct 16th. Thanks to WJ, we now know 1,200 cards have been issued. These projects always start off slow but soon pick up pace. I believe 200,000-250,000 will be done by end H2 but I am optimistic. 100,000-150,000 would be a conservative estimate. The cards cost $135 or so a pop. IGP in my estimation will get at least $5-10 a card to start with but this is a long term project and the company will make much more in licences. TWIC project says there will be 750,000 cards issued, I know for a fact it will be more than 1m cards. So based on 1m at $5 thats $5m or around £2.5m to IGP. To me thats a conservative estimate on the lowest possible amount.
Licence revenue will be much more but will happen further down the line. possible an extra £0.5m a year for little or cost expenditure.

this is all my opinion but I think an oracle contract is on its way.....
Great to see this baby rise....its been a while coming!!!

[spooky] 13/11/2007 09:02

The 20,000 at 37p yesterday was the completion of the 30,000 order from the day before.Obviously the MM's have suddenly found it hard to uncover sellers,perhaps it's because results day is approaching,god knows !

[wjccghcc] 13/11/2007 08:59

garth,

The TWIC program is rolling out ID cards to (initially) all port workers in the USA plus anyone who needs unescorted access secure areas in the ports. It is supervised by the TSA. Initial numbers are estimated at 750-850k but the view is that this will be expanded to 1.5mm over time as other facilities are included. Each card costs $137 of which $43 is the enrollment fee and $72 the production and security assessment cost. The cards last 5 years and (I think) there's an annual fee of about 20% but I can't remember the amount offhand. The current deadline for issue to all port workers is Dec 2008 (although that could slip a bit further).

Lockheed Martin is the lead contractor, and RSA Card Manager (MyID) is the CMS/IDMS for the whole program. Clearly there will be revenue share between RSA and IGP but whether that takes the form of an amount per card issued or a fixed fee over the five years, we'll have to wait and see.

Based on the HSPD-12 contracts announced, I'd estimate $8-10 per card for the CMS/IDMS (which of course renews every 5 years) plus 20% annual maintenance fee. If the revenue split is 50/50 between RSA and IGP, you can work out the impact that will have on IGP's bottom line given that they've already incurred all the costs over the last 18 months.

Hope that helps.

[garth] 13/11/2007 08:51

Top the trend channel now?

[taurusthebear] 13/11/2007 08:49

Makes a change after 10 months of a drifting SP! :0)