Intercede Share Discussion Threads

[accumulat0r] 25/9/2008 12:34

Yes, thanks for your #657 jailbird.

Nice to see a little buying today and the MMs reduce spread to just 0.5p

Perhaps KBCPH / MMs are preparing for a nice trading update ...

[237gmoney] 25/9/2008 12:09

Thanks Jailbird for the heads up. Nice to see blue today....The MM's will clean up soon on this stock as much of the sellers stock was offloaded on the cheap....the minute there is good news they will push up the price and start making 20-30% profit for themselves.....

Seems the share price maybe ready to recover....

[wjccghcc] 25/9/2008 10:30

I would be very surprised if IGP were not onboard.

[237gmoney] 25/9/2008 09:12

Agreed WJ. But in these market conditions, to report rising sales no matter how they come will be like a breath of fresh air....a company that is supposed to be recession proof needs to show it can hold its weight in a falling market.

Could this be good news? Depends if IGP are onboard

[wjccghcc] 23/9/2008 12:51

237gm, revenues of 1.5mm would be an increase of over 40% on an underlying basis from last year and 20% from H2.

One-off license payments are volatile and the market tends to ignore them anyway after an initial reaction. Also, you're robbing Peter to pay Paul - IGP's revenues would have been $2-3mm higher this year because of TWIC but they're basically giving that to RSA because they received $2mm as an upfront license fee (albeit spread over 3 years) in 2006. At the time, it was an astute decision because they needed it and it opened up the USA, but now, when MyID is becoming a global brand in its own right, it would be better for the revenue figure to match more closely the underlying business progress IMHO.

The TWIC deadline is Apr 09. No way will HSPD-12 be done this year - try Oct 09 at the earliest.

[jailbird] 23/9/2008 12:29

From my recent communication - in brief...which i like to share with you all.
As u know the director's are very restricted to what they can say according to the rules.

There will be a trading update end of this month.

Recruitment will take place as and when contracts require additional
staff - this is over a 2 year period in line with our management budgets.
This will accelerate or slow down subject to actual contract awards.

Looks like we may get an update on the re-negioating of the fees structure which
we expect to be better terms for IGP. This is still ongoing but could get update on this anytime soon.

[237gmoney] 23/9/2008 12:18

If this share price is going to recover anytime soon we need revenues to be north of 1.5mm. Less than last year will not be acceptable to the market....
RSA contract has come to an end yet no announcement about a renewal? does that mean there was none? what about the contracts already in place?

All this talk of increasing the staff by 50% in the next two years has to show some finacial gain in the books.....It will take another 6-8 months before we reach the 1mm cards under the last Contract for the TWIC program. HSPD12 is supposed to finish Oct 27th and there needs to be a marked improvement from the last update if the numbers here are going to increase.

[howdydoda] 23/9/2008 12:15

I am sure its good. The Directors have sent some pretty clear signals they think its undervalued via their own buying.

[wjccghcc] 23/9/2008 11:52

There should be a trading update early October.

Last year's H1 was 1.55mm but that was boosted by the 500k license payment from Thales, so underlying revenues were 1.05mm. On the same basis, H2 revenues were 1.25mm implying 19% half on half growth. I would hope that trend has continued which would give H1 08 revenues of 1.49mm.

Consequently, I'd be happy to see anything north of 1.5mm revenues in H1 (even if that means the headline figure is flat).

I'm sure there'll be some increase in admin costs with the extra staff they've been recruiting so I estimate they're still be lossmaking in H1 although I know they expect a FY profit.

[237gmoney] 23/9/2008 11:19

Cant believe someone has dumped 33,000 shares at 20p and the share price has not crashed???? possibly the end of the seller who has been hounding this company for the last 3 months....

Or is there news on an RSA deal in the pipeline and the MM's dont want to budge....or pehaps a trading update coming out in the first week of October to show the key highlights of H1???

[pork belly] 23/9/2008 10:30

Please sign the Government petition
MAKE IT ILLEGAL TO SHORT SELL STOCK EXCHANGE SECURITIES.



sign up, it ends 25 September 2008 (2 days time)
pass it on to many as possible

[igoe104] 22/9/2008 15:32

YES mate, many thanks.

[kent_paul] 22/9/2008 15:28

Howdydoda - 22 Sep'08 - 10:39 - 1476 of 1476

The one eyed man is king in the land of the blind...



if you sold to howdoodly then you have one eye at least.

[jailbird] 22/9/2008 15:13

sorry guys

O/T

igoe,

did u get my mail?

[howdydoda] 21/9/2008 18:03

Don't think it will fall further. Better times ahead.

[topvest] 19/9/2008 20:55

or worse!
Only down less than 2% this week, which in the circumstances is odd!

[howdydoda] 19/9/2008 20:12

Things can only get better.

[bigpunt10] 19/9/2008 13:17

Ah there he is wrong thread.

[fft] 19/9/2008 10:39

There are a few other rules as well. existing positions more than 0.25% must be disclosed. Most funds / orgs will not want to be on that list, so there will be substantial closing all round. strangely, may not be so good for small caps in the immediate future as a lot of p.i.'s will have been burnt this morning by the rise in banks and this will lead to margin calls all over the place, so people may have to sell other stuff.

[igoe104] 19/9/2008 10:34

SOrry your right, im still half-asleep.

[fft] 19/9/2008 10:29

maybe you should start reading before writing !

only 29 financial stocks are affected by the order.

[rambutan2] 19/9/2008 00:45

lloyds tsb have been a long standing customer of igp's, so could be some extra work at some stage down the line...