Intercede Share Discussion Threads

[igoe104] 30/4/2008 19:33

ONLY ONE TRADE, BECAUSE their is no stock available. mm,s are only selling 1000 shares at 39p at the moment.

folks hAVE TRYED TO BUY BIG CHUNKS, but not been able to get hold of any stock.

The mms are just going to have to push this up into the 40,s to try and tempt some weak sellers.

[throd] 30/4/2008 18:57

Been alerted to this by a good friend, i like what ive seen so far.

Been looking at this for a couple of hours now and im surprised there isn't interest in this, or is there? I would not be surprised after yesterdays 2p rise on ONE trade to know if the MM's have any knowledge of something going on here.

Will be interesting to see but this is a cracking co in a niche market, the KBC Peel Hunt notes are compulsive reading.

[igoe104] 30/4/2008 18:34

INFORMATION on the up-coming real-id project, where over 240 million amercians will evenually update their driving licenses.

[237gmoney] 30/4/2008 16:03

The one thing I have noticed about this company over the last 6-8 months has been that the newsflow has been much better. They had never before released a trading update after H1 and I asked them for one and they did. They also gave a trading statement in Feb and again at the end of the year. Many AIM companies fall in value because the business doesnt value the small shareholders who trade the share day in day out. Long term holders will sell up with no newsflow so to give us something, even if its once a month then you will keep us happy, even more so if the news is positive, which it has been of late.

If this has anything to do with the PR company then Im all for it, Just I think after the placing disaster, Parris and Co. realised they needed to do more to keep their own investment in line as well as their shareholders.

With 10 projects on the go the company can only get much better from here on.

[howdy do da] 30/4/2008 15:46

Great. Good luck to us all.

[sa0705] 30/4/2008 15:39

HDD

Have to say i was impressed with the person i spoke to, yes i am interested i have to say.

[howdy do da] 30/4/2008 15:37

The key question is did they say anything of substance that will make you buy more, or at least retain what you have?

[sa0705] 30/4/2008 15:32

Jailbird

not all PR companies are professional, believe me i've known some absolutely dire ones.

[jailbird] 30/4/2008 15:30

I'm not surprised, even if things were bad, which they are not, the PR would still be positive, that's their job.

So what did they say?

[sa0705] 30/4/2008 15:18

Have to say there is plenty of strength in this.

Have just spoken to the PR company who seem a very professional outfit.

Glad intercede have them on board.

[jailbird] 30/4/2008 13:12

howdy,

stop analysing it...it will do u head in..as you relatively new to this stock, what you are seeing is very common, one minute you can buy a shed load, and think oh shall i wait, and the next minute you cannot get any or very little.
When it is scarce, then a phone call at full price or a premium is the only way.

but the online trades differ from broker to broker and via telephone and online.

[howdy do da] 30/4/2008 12:19

Still only 1000 available for buys, 15000 for sells.

This can't go on like this. I am surprised the MM's haven't played around with the price to try and get something going.

[237gmoney] 30/4/2008 11:47

Thanks for th egraph SA. Yes hopefully the upward trend has start. But with this share conventional charting methods go out the window as you see at the end of 2006. In the short term 40p is a barrier for this share as it has traded below this level for the last year nearly. once we hit the mid 40's the share will quickly rise to 50p. then we will have the same problem at the 60p level which was the float price of the company from the beginning. Once the company can surpass this level the sky's the limit but it may not be for a while yet.

Hopefully we break through the 40p barrier by results time.

[howdy do da] 30/4/2008 11:21

only 750 available for buys? Well the situation will break as the MM's will keep on moving the price higher on small volumes to attract sellers or a meaningful buyer will just have to cough up at a premium, in which case a new price will be set.

I anticipate it occuring by the end of this week. If there are investors trying to buy and no stock around, this is only going one way.

Edit: just checked, can buy 1000 or sell 15000. 39p/36.25p

[sa0705] 30/4/2008 10:39

Ive just added another some more.

I think we have ended the downtrend and have just started an uptrend... with results in over a month this could really get a move up until then.

[jailbird] 30/4/2008 07:21

thanks WJ,

i'm glad your invested here, you certainly can answer a question.

[wjccghcc] 29/4/2008 22:16

Of course, they would be nicely profitable in H207/H108 if they didn't forego the revenue from the first 1 million TWIC cards to RSA in lieu of the $2mm advanced license fee from Sep 2005. However, once that 1 million threshold is reached, everything should fall through to the bottom line.

[wjccghcc] 29/4/2008 22:11

jailbird, they have a pretty static working capital requirement - about 200k trade debtors and trade creditors with some tax credit timing differences. The main elements of current assets/liabilities are cash on the asset side and and on the liability side - deferred income i.e. annual maintenance/advance license fees paid at the beginning of the year and then booked as revenue over the following 12 months.

They're conservative with booking revenue so any reporting difference is usually about timing over the period end date and any profit/cashflow difference normally evens out over the following period.

The previous y/e cash was 653k, they raised 678k in the placing giving a total of 1.3mm. Current y/e cash will be 1.15mm resulting from (I'd guess) 100k loss and 50k working capital moves.

Going forward, there shouldn't be much working capital impact from working on the ten projects - their cost base is pretty much fixed (unless there's a lot of travel costs to the US). Really, it's just a question of when the revenues from the projects start coming in and by the recent trading statements, that should start in H1 but really build in H2 of this year.

[spooky] 29/4/2008 17:48

I invariably use traditional brokers but it just shows that occasionally the cheap execution only dealer can do the job just as well,if not better.

[howdy do da] 29/4/2008 17:41

And as we saw from the new poster, he can't buy the 75k he wants so any sellers will just get mopped up and will create more liquidity bringing this onto more traders radar screens. I have been in potential 10 baggers before, with a ton of risk, but this is the best double your money stock, with low risk, I have seen in a very long time.

[aphrodites] 29/4/2008 17:41

spooky

All I can say is we tend to use top line brokers and they have been having difficulty finding stock.

Thanks for your note which was almost repeated to us by another MF member around the 11 April and to which I replied.

[igoe104] 29/4/2008 17:34

I personally can,t see any sellers for a while yet, so i think this will continue to move upwards on small trades, any holders must be crazy to sell at the moment.

only folks that are not updated with the companies progess might be tempted to sell at the 40p mark and then the 50p mark.

i,d be surpised to see this under 50p in the next couple of weeks.

[spooky] 29/4/2008 17:22

APHRODITES - Just for your information you were able to buy 50,000 at 33.5p for at least two weeks when the price was 32p - 35p.Rather interestingly these were available on line but a friend tried for several days to buy 25,000 at 33.5p through a broker leaving several orders with the market,all without success.He even left an order to buy 25,000 at 34p when 50,000 were available on line,even this didn't work.In the end he he went crazy and threatened his dealers,they came back with 20,000 at 33.5p and the shares have drifted higher ever since.It's a strange world we trade in.