Intercede Share Discussion Threads

[howdy do da] 30/5/2008 08:55

Intercede has a strong order pipeline
Created: 27 May 2008 Written by: Nigel Bolitho
Intercede develops and supplies identity management software, and on 4 June it launches its latest product, MyID 8.0. As well as allowing access, it can validate users against databases such as FBI records, while increased functionality will allow management to deny access to floors or areas of building and particularly computers.

But, as the figures in the table show, progress is slow for a business where it offers a perpetual licence and makes its money from user numbers plus support and maintenance. MyID 8.0 is being launched in Washington DC and this is the mega market Intercede wants to crack. It has, for example, supplied cards to more than 200,000 port works and mariners at 95 US ports, but in this case the workers paid for the cards themselves. As yet, President Bush's edict that all federal agencies must develop vetting and access control products has been held back by a lack of funds. Another problem is that users are taking a long time to sign up. Four years ago, the NHS agreed a proof of concept for MyID licences, but to date only 500,000 licences have been purchased with 750,000 more to come.

But there are signs of improving sales momentum. The 10 largest projects have the potential to generate aggregate sales of at least £15m over five years and half of them were signed up last year via channel partners.

We still believe that big profits are not far away and Intercede should be more recession-proof than many tech companies. The shares remain a buy.

[howdy do da] 29/5/2008 15:20

Commodity stocks have served me well too. I still have plenty of exposure via unit trusts as the most fund managers are o/w the sector following their herd instincts.

IPG has been resting for a week or 2. Some price action to return shortly I would think.

[ppowerscourt] 29/5/2008 14:59

Sorry Off-topic:

Howdy, I'm well too. Coal shares are keeping my portfolio healthy. Howdy, I know one 'has got to be in it to win it'. I've got a lot of good cash tied in in RCG and GNG as losses over at least 18 months. So I don't wish to do technology shares nor do I understand it. Commodity such as crude and coal are better for me. PRL is budding just---if one buys PRL, one gets Phulbari potential as GCM is likely to be taken over. KAH, Howdy, Uranium in Namibia and copper, zinc too. I know how KAH acts and what it has!

There is one practice I do, i.e. meat-cutting. Meaning I cut sometimes heavy losses in a share I'm holding and put the (compounded loss) proceeds into some share which I am sure will go up. This meat-cutting has served me well, as long as the cutting is not too close to the bone! Cheers, we're all here to learn how to make our money grow.

Sorry again thread for O/T.

[237gmoney] 29/5/2008 12:29

sorry terry you have the wrong board - were not interested in gcm here. Thanks all the same.

[terrytibbz] 29/5/2008 12:27

where is the expected breakout howdy? i am living in wait for the break out through 175p on gcm.

[howdy do da] 29/5/2008 11:14

I am good thanks. You?

[ppowerscourt] 29/5/2008 01:34

Hello, Howdy. How are you?

Regards,

pp

[howdy do da] 28/5/2008 12:36

Tough life. Welcome back.

[margotz] 28/5/2008 09:59

God he's back. At least we will have something to read. But Malta?? 200,000 bods,
amazing where he finds these things?

[igoe104] 27/5/2008 17:37

HI guys.

just back from antigua, a few hours back.

This looks a interesting project.

[terrytibbz] 23/5/2008 19:44

what were you predictions for the share price this week Diddly?

[howdy do da] 23/5/2008 17:54

I was waiting for someone to say something, rather than me monopolising the thread.

[jailbird] 23/5/2008 17:31

it was until you posted..:-)

[straykeely] 23/5/2008 16:50

Not one post here today? Is this a record?

[straykeely] 22/5/2008 19:10

That is . Billy Bunter for the uninformed; or just young.

[straykeely] 22/5/2008 19:08

As bb used to say. '' the uninformedness is staggering!

[howdy do da] 22/5/2008 14:22

237, that's a year away and who knows what will happen between now and then. It's a steal at 41p for anyone who has a medium term investment horizon.

[237gmoney] 22/5/2008 10:46

The share price seems to be in free fall at the moment though on tiny trades. I guess there will be some profit takers after the recent rise but with the new product launch on 4th June, I guess we could be in line for new business in the coming months. Its just a big shame that IGP do not release a new contract win in a individual RNS as and when it happens rather than tell us about them in the results news. The company need to keep the share price on an upward trend otherwise the loan note holders may decide to take the cash in May 09 and then we would be all up the river without a paddle....

[237gmoney] 22/5/2008 10:41

Stray, ID data like WJ said are a high volume smart card production company. The Tesco clubcards for example will be bought by tesco's for penny's not pounds. IGP on the other hand produce a TWIC card which costs $132.50 a pop. The UKID card will be something like £30-60.

The two companies are like chalk and cheese and yes they could come together but they would have to be run along side each other as you could not merge the two. IGP are more likely to be bought out by a long standing IT company like Oracle or an up and coming similar ID card company like Bartronics in India.

In the next 5-10 years we will all have ID cards whether we like it not and my guess is they will do away with the passport book format eventually as it is today and use a biometric ID card which can store information on immigration, personal ID, driving licence, tax, etc how long that will take who knows..... Thats what IGP are moving towards imo.

[straykeely] 22/5/2008 09:59

I think you should visit their site WJ they have transformed themselves. Although they have the Polish production plant of course, and the secure plant in the U.K,
but they no longer consider them their core business. Would MyID not fit in perfectly with their Lasercard/Multos programmes?

[wjccghcc] 22/5/2008 09:20

straykeely, ID Data are concerned primarily with card production. That's a much lower margin and more competitive area. Intercede are concerned only with the software that runs the whole ID issuance and life cycle process.

ID Data do have an Irish subsidiary that has a rudimentary card management system, but as far as I can see, they haven't won any contracts for 2 years. Intercede's MyId in contrast is used by the top 3 security companies, the top 3 card manufacturers and many system integrators.

ID Data may well be involved in the UK ID card production process - I hope they are - but I think the chance of Intercede's involvement is much higher.

[terrytibbz] 22/5/2008 08:52

educating howdy diddly