Intercede Share Discussion Threads

[igoe104] 02/5/2008 13:39

Its a great opportunity to top up guys.

i get the feeling this will be 60p plus next week.

[sa0705] 02/5/2008 13:24

been in meetings most of today, that rns is a giveaway...i reckon IGP are talking to a few re: takeover.

The Times is not a rag, and will have clarified its info with the CEO of Bartronics.

There is no smoke without fire.

[igoe104] 02/5/2008 13:06

GOOD buy felix,i reckon you will be pleased with your-self in the near-future.

[felix99] 02/5/2008 13:00

just added 5k and moved MM . I like the wording "at this stage" .

[igoe104] 02/5/2008 12:53

ME thinks not.

[rivaldo] 02/5/2008 12:50

So will IGP give up the gains given the amount of speculative buying here? Hope not as the underlying prospects are good and there's a bit of mystery about the RNS wording, but it was fun while it lasted :o))

[njp] 02/5/2008 11:14

Agree, 237. Interesting indeed.

[susiebe] 02/5/2008 11:03

Sounds like they are inviting Bartonic to make an offer..

[237gmoney] 02/5/2008 11:01

watch this space.....very interesting wording on the last para....suggests theres more to come otherwise they would have said no contact or offer made and left it at that.....

[smartmoney100] 02/5/2008 10:50

Interesting wording. Sounds as if they are half-expecting to be contacted shortly.

[jailbird] 02/5/2008 10:45

read the last para..news is still on.


('Intercede' or 'the Company')


Response To Press Speculation


Intercede, a leading developer and supplier of smart card and identity
management software, notes comments in today's press speculating that Bartronic,
an Indian radio technology company, may be considering making an offer for
Intercede.


Intercede can confirm that, at this stage, no contact has been made by Bartronic
expressing an interest in making an offer for the Company.


Intercede will make further announcements on this subject when it is appropriate
to do so.

[susiebe] 02/5/2008 10:45

Nobody seen the RNS?

[jailbird] 02/5/2008 10:35

i was just abut to say u can buy 15k @48p..so stock around.

edit..fallen now, so a large sell went thru.

[jailbird] 02/5/2008 10:03

i always thought a bid was on the cards. but i wish we would get the results,so the everyone knows the revenues and profits that are coming..then we would get a lot more than £1.00. Let us hope the mgt hang out for what this company derserves.

I'm a bot surprised this has come so soon though.

But we could see a bidding war, with the partners this company is with now.

[237gmoney] 02/5/2008 09:52

So its true. Intercede Group are a takeover target from an Indian company. Its a real shame because if this company did get the UK ID cards and the German Health card project to name but two projects there working on, the company ould be worth £50m+ easy and anyone trying to takeover the company would have to pay a premium on that. This has to rise to 70p now before Richard Parris and Co even think about selling up. There are many shareholders who have been here a long time and will not take less than £1 a share. If Bartronics are serious they will need to make a serious bid....and thats well in excess of £1.

Hopefully this make the share mags over the weekend and the interest picks up another notch.

[aphrodites] 02/5/2008 09:40

rivaldo

As I reported here a couple of weeks ago we believed than that a sniffy buyer was around trying to soak up blocks of stock in the low 30's.

When we offered 50k at 40p when the price was around 34p offered we were surprised we did not receive a counter. That's when we started to buy more stock as it was clear the buyer did not want to disclose his hand. In fact he was in a no win situation. Pay the 50p price would show he really was anxious to buy stock. Counter and be turned down and he achieved nothing. He just had to allow the MM to try and get hold of stock in the market and we can all see where that has got him now!

If there is any truth in the Bartronics rumour then as I said the other day any bid would have to be higher than £1 but not £1.50p.

All we need now is for the MM's to push the price up 25% on the day and force an announcement out of the company as to whether they have been approached by an interested party. That would really put the cat amongst the pigeons.

If the reply was that an approach hjad been made we would be up at 70p immediately.

Lots to play for and the potential of a multi bagger from the 27p we got down to in February. What a great buying opportunity then!

[rivaldo] 02/5/2008 08:57

Here's the full article - the full £50m would equate to what, around 150p per share? That's a nice Friday morning fantasy :))



"Rumour of the day

Intercede Group, the supplier of smart cards to the White House, rose 5p to 43p on talk that it was a takeover target for Bartronics, the Indian radio tagging group. Sudhir Rao, Bartronics's chief, said he was in talks with several established players with reputable clients in Europe, and was looking to spend up to £50 million."

[sa0705] 02/5/2008 08:53

NJP, that would be the initial target, but bearing in mind results early next month...plus updates on the fingers in 10 pies, and potentially you have a recipe for big gains.

Never realised this was held so tightly which makes the buying of stock very difficult, and in such a thin markets the rises will be in chunks of 2/3p rather than 0.25p.

I still think we will breach 50p today and potentially if the takeover talk is genuine ( and ive no reason to beleive it isnt) then add that to results and progress to date and i personally am expecting 70p plus well before results.

[njp] 02/5/2008 08:51

Some way to go then if that rumour has any substance. Back to the 70p level of late 06 would be the initial target.

[smurf_uk] 02/5/2008 08:47

TY SA0705.

Yes I have seen some of the articles posted, and maybe something will appear over the weekend. Fingers crossed either way.

[sa0705] 02/5/2008 08:41

Smurf

you did well, stock is very tight imho, this could really blow today, plus with the press already starting to cover it, i would expect more in the papers over the long weekend.

[smurf_uk] 02/5/2008 08:39

Just picked up 5000 on TDW