Intercede Share Discussion Threads

[rambutan2] 22/2/2005 11:28

or at the worst, at least give us the option of being included in any fund raising on same terms as the in crowd.

[kmacgre] 22/2/2005 09:44

I too agree that it won't go bust. Rambutan, your point is precisely what I feel. A further funding at give away rates dilutes our holdings and is against our interests. I want to see profits and cash generation and no thoughts of new finance.

[rambutan2] 19/2/2005 16:38

am sure they wont go bust. however, as a word of caution, this is in reality really a private company with the same main shareholders as took it public. they all coughed up to fund the last placing - at a huge discount - and so didnt dilute their stakes. our future is in their hands. so lets hope they dont decide to take it private just as things are finally fitting into place.

[topvest] 19/2/2005 16:28

Rambutan2 - I don't think it will go bust. Might be wrong, but think their technology is too good imo. If they need another £m (and I don't think they do actually) then I'm sure there are enough people willing to invest in today's market.

[rambutan2] 19/2/2005 16:20

either a quid + or bust!

[topvest] 19/2/2005 16:14

Think we just need some patience on this one. Once the success they are starting to have gets noticed, this could be on for a significant re-rating. I still think that a £1 share price is possible one day.

[rambutan2] 19/2/2005 15:05

agree. last funding was a private affair rip off for anyone not in the circle. mms dont like holding any stock so only need a few k sell to get a drop.

[kmacgre] 18/2/2005 15:57

This is my opinion only, but it does seem that in the last 2 months IGP have picked up excellent trade credibility with Axalto, Athena and Gemplus. They have a global user base which allows a smart card manufacturer greater comfort in recommending their software. I would hope any new funding takes place after they have shown a clear profit.

[topvest] 18/2/2005 14:34

Well, I think it depends how much they went for. We need this company to get a bit of profile really.

[kmacgre] 18/2/2005 12:16

that my friend, would not be good.

[topvest] 18/2/2005 10:43

Yes, wonder if they are doing a small placing to replenish the coffers?

[kmacgre] 18/2/2005 09:05

Topvest, good morning,
In real terms the share price is exactly the same although the gap came down. Include the new deals all as part of the current years first half and we're on track. We now need two hefty deals before end March to end the year on breakeven. Fingers crossed. It seems that MYID is now built in to the world's leading smart card manufacturers ID solutions. We now need 12 or more fair sized orders per annum to get sales well over the £2m barrier.
Regards.

PS: Spoke too soon. Price down this AM.

[topvest] 17/2/2005 19:15

and the share price drops today! More patience needed, but sometime in the not too distant future I think this one will go ballistic.

[kmacgre] 17/2/2005 09:45

Dated 16 Feb, this is the Gemplus Safesite press release as covered by Card Technologies' website. Intercede software is part of the Safesite corporate offering.

[kmacgre] 15/2/2005 09:41

Topvest - we agree. The US market alone could see IGP in profit and more. I hear no mention of corporate security and insurance premiums - just wait til that one really kicks in. IMHO, there are quite a lot of investors with half an eye on this one. Once the cash issue is clearer, then it will move.
Regards,

[topvest] 14/2/2005 22:45

I quite like this quote.......Vice-President of Gemplus's ID & Security business unit in North America. "Partnering with Intercede was an easy choice as their MyID technology has an enviable reputation with many references around the world."

Makes you wonder how big their technology could be on this one! Personally, I get the feeling that things are starting to move in the right direction for this company. It's been a very long wait, but could our patience start to be rewarded? How many investors know about this company at the moment - not many! Could this change over the next 6m - yes, it could and big style imo.

[kmacgre] 14/2/2005 16:21

If you go to the IGP website you will find today's news regarding Gemplus' Safesite.



Also released earlier today from Gemplus is this delightful news. It looks more and more promising for IGP.

[yump] 10/2/2005 09:35

Just came across this. Very informative postings exactly the sort of stock I like. Thanks for persevering.

I haven't found anything on this yet, but presumably the ID use in tachographs might mean the company will get some tie-ups / sales through the GPS providers ? Or has someone already posted that ? (The Irish DOT announcement mentions integration with other 3rd party systems).

[kmacgre] 10/2/2005 09:01

Topvest:
I found the name on IGP's website, however the last time I looked they had removed it. It may be that it is not yet to be released or even relates to another deal. Regards

[topvest] 09/2/2005 21:37

kmacgre - how did you find that out?

[rambutan2] 09/2/2005 11:05

spread of industry users get wider and wider across different sectors. has to be a good thing.

[kmacgre] 09/2/2005 10:45

Purely out of interest, it appears that the Gemplus/Intercede large customer may well be BEWAG - Berlin's elec & gas company.

[maywillow] 24/1/2005 15:12

Intercede's partnership with Gemplus reinforced by significant order

Intercede has received an order in excess of £500,000 from Gemplus for a major European customer. Since 2003, Intercede and Gemplus have developed a strong partnership built around Intercede's MyID Smart Card and Identity Management System, as part of Gemplus' smart card-based corporate ID solution, SafesITe.

"This success demonstrates that our strategy of delivering Intercede's MyID technology to major customers through channel partners is starting to produce significant sales revenues. The order reinforces the mutual importance of Gemplus as an Intercede partner and illustrates that our combined solutions have matured into a compelling offering to the market," said Richard Parris, Chairman and Chief Executive, Intercede Group plc. "Using MyID with Gemplus smart cards, readers and middleware, enables organisations to securely identify and authenticate individuals in a practical and cost-effective manner. We look forward to working with Gemplus on other smart card projects for customers around the World"

Gemplus' SafesITe solution incorporates Intercede's MyID to provide a user-friendly method to deploy and manage smart cards for organisations choosing to adopt corporate ID cards with Microsoft PKI credentials. The corporate ID cards can be used to securely access business information and data from the organisation's PCs, Networks, VPNs and Web resources as well as providing physical access to offices and buildings.

"Our technical partnership with Intercede has quickly grown into what isnow a fruitful and successful business venture that allows both our companies to better engage the corporate ID market," said Olivier Chavrier, Gemplus Director of Marketing for ID & Security. "This contract well reflects the growing interest and escalating need for smart card-based identity solutions in the enterprise."

[topvest] 21/1/2005 16:52

The important thing to remember with Intercede is that the margins are so high that most of the revenue drops straight down to the bottom line. It looks like our patience will be rewarded. And to think that I was starting to get cold feet on this one. Only stayed with it, because the interims implied at least £1m of revenue in H2.

[rambutan2] 21/1/2005 12:13

id bet that its in the bag already!