Intercede Share Discussion Threads

[boadicea] 10/3/2009 09:07

Sterling hits a new low against both Dollar and Euro - and looks likely to stay there for some time. How much of IGP's revenue is in these foreign currencies? 90%?? It could now be worth 30-50% more than it would have been a year ago, not to mention that it is growing significantly anyway.

The cards and licences are virtually printing money for us and next results should not only be very good but the prospects even better.
Sorry if I sound excited - but I do have one fear - That is an opportunistic bid before the rest of the market has really woken up.

[igoe104] 09/3/2009 12:25

But then again in could be this project.

This new electronic health card is the first of its kind in Europe to feature a Java public key infrastructure (PKI) that will further secure the online health system via a digital signature for health professionals.

Gemalto's Coesys Issuance solution to be delivered in Slovenia consists of middleware, digital signature capabilities, software applications, applets and cards. Cetis, Slovenia's leader in security document printing will operate the personalization of the cards and the PKI infrastructure. ZZZS, the Health Insurance Institute of Slovenia, in charge of the National Health Insurance Card System, will act as system integrator and will issue the cards to the citizens. The whole solution ensures backward compatibility with the existing infrastructure

[igoe104] 09/3/2009 12:04

WE ALREADY have a foothold in the healthcare market, with the uk and europe.
we still dont know yet which european healthcare we are going to be involved in, anyway its a large scale one anyway,( germany hopefully)

(An Intercede partner has been notified of its selection by a European (non-UK) telecommunications provider for a high volume health care project. )

Partner Giesecke & Devrient are involved with the german health card, i wonder if thats the mystery partner, also gemalto are involved as well i think.


The German e-health cards are coming!

The introduction of the electronic healthcare card will radically modernize the healthcare system in Germany. The card, which will start being issued this year, will require medical practices, dentists, pharmacists, clinics and health insurance companies to network with each other and adapt their internal IT systems and processes. Giesecke & Devrient is a supplier of complete solutions with international experience in the technical infrastructure the future healthcare system will need.

G&D provides comprehensive solutions for the latest generation of electronic health cards.

[237gmoney] 09/3/2009 10:05

Interesting piece on biometrics in health care. The future???

[boadicea] 06/3/2009 22:23

I thought an enquiry to the company about progress of the Actividentity case would be in order - the point being that if A-I were out of time and that it was technically public domain knowledge which I had missed, they should be able to point me in the right direction. (Any price-sensitive information not in the public domain should not be disclosed privately except under privilege restriction.)

The purport of the reply is in effect 'no change', i.e. the case is still ongoing, at an early stage and subject to a vigorous and meritorious defence by IGP. The final outcome cannot be anticipated.

So it appears that any idea that A_I might be out of time is either misplaced (I was in any case sceptical of Questor's assertion in the DT) or that further details have indeed been filed.

We are due an 'early April' TU - last year on 11th and this year should be no later.

[aphrodites] 06/3/2009 10:39

igoe

We have a villa 2-week time share in St James Bay linked into the St. James Club.

A bit of cricket, lots of sun, far too much food, cms on the waist-line and a good rest.


What else can you ask for in markets like these!

Only down is they have closed the Casino in the hotel because of the tax regime of the Government!!!!!!!!!!

[aphrodites] 06/3/2009 09:01

Boadicea

Having been on holiday in Antigua and returned to see IGP has been solidly moving upwards while away I can only concur with your view.

As I posted here several weeks ago, a share I hold called Tepnal had been trading around 7p was bid for at 27p. Any prospective buyer of IGP would have to pay in excess of £1.

Whoever has been buying clearly sees the value of the business going forwards. Markets like these provide the opportunity to acquire businesses at a snip of what would have to be paid when the economy is performing well. But as can be seen from Tepnal it does not mean at 1/2 times the current price.

As for the games the MM's get accused of, you have to remember it is also the buyer than can now have turned to be a seller. No point continually bidding up the price. Best to sell a few; not a lot, and take the top of the rise and hope to shake a few sellers out before continuing to buy stock again. And 44p does appear to be a support level which needs to be broken!

In the present markets it is very encouraging to see IGP performing so well and also to know that we do not have a share which is being widely held and the price pushed up by wild speculation on here.

The share is a little gem which will provide all us holders with excellent returns over the coming 12 months.

[boadicea] 05/3/2009 20:40

igoe - I'd rather we matured some of the current contracts and proved profitability before anything like that happened. It would be a shame if a bidding war started from the current lowly base, even though it is 100% above where we stood in November.
Any bidding should start above £1 and end at £2+ imho.

[igoe104] 05/3/2009 15:09

IT WOULD BE GREAT if they did, because it could start a bidding war with thales they both need out software.

[pyman] 05/3/2009 14:55

I know we ve talked about it before - but is there any reason why Lockheed would not buy intercede PLC? ie would contracts with competitors make it difficult?

[igoe104] 05/3/2009 11:57

Lockheed named company of the year.
Lockheed Martin is the lead industry partner for several major government biometrics initiatives. Most recently, the Federal Bureau of Investigation (FBI) awarded the company the Next Generation Identification (NGI) program, which will expand the fingerprint capacity of the Bureau's current identification system and add in new capability: palm prints, iris and facial recognition. Lockheed Martin also is the prime contractor for the Transportation Security Administration's Transportation Worker Identification Credential program, which equips vetted maritime workers who require unescorted access to secure areas of ports and vessels with biometric credentials.

The award will be presented at the Frost and Sullivan Best Practices Award Banquet, April 8, 2009, in San Antonio





should be alot more business coming our way with lockheed.

ps MMs are having a laugh £400 more sells than buys and this drops 2p (5%).

[rambutan2] 03/3/2009 23:32

i would have thought that mr walker would like the cnvs situation sorted by 31st y/e, all nice and neat for the auditors to sign off the accounts without any (needless) fuss. The recent share action would appear to be hinting at this scenerio?

(Perhaps a placing of some/all of the newly converted shares has been agreed at a price in the 40s and the mms are guiding us up there? OK, prob not, but it's not out of the ballpark.)

[igoe104] 03/3/2009 18:50

I see whats happened now, when you click onto 2009 news then click onto more press releasers it takes you 2007 news instead of 2008.

anyway cant see any problems, we wouldnt be winning a cluster of contracts especially usa goverment ones if there was any problems.

Whats interesting is 20,000 worth of sells against 5000 in buys, and still the price goes up, it looks like there is a large buyer mopping up. it reminds me of stanley leisure that company kept going up for know reason at all and ended up getting taken- over. im not saying its the case here but its happened a few days when the sells have been higher than the buys, and still the share price goes up.

[accumulat0r] 03/3/2009 16:36

(edited post)


I thought I'd better just point out that if you go to the press release archive, the patent infringement press release of 2 October 2008 is still there, I'm afraid:




(I'm an IGP bull, by the way ... so not wishing to deramp.)

[237gmoney] 03/3/2009 15:35

Its nice to see the spread in this share at normal levels. encourages trading. good spot igoe. I cant imagine the legal costs are that expensive WJ. Like you said its only been 5 months, so I guess £20k at max if that....

[wjccghcc] 03/3/2009 15:03

Good spot igoe. Personally I'd be (pleasantly) surprised if it's gone away so quickly - 97% of cases don't reach court but that can take up to 2 years and this has only been going for 5 months. Maybe IGP's lawyers found some compelling prior art to invalidate the patent...

In any case, we should be prepared to see some (exceptional) legal costs in the results.

[igoe104] 03/3/2009 14:39

ActivIdentity have taken any news or information against igp off there website, so i reckon they have pushed it under the carpet.

it was in the news section last time i looked at christmas, now they have removed it.from there main news page.

Anyway if there was any serious doubt, we wouldnt have done any recent business with lockheed.

[237gmoney] 03/3/2009 11:13

surely ActivIdentity could not get that to stand in a court of law. you would then be breaking anti-competitive laws as ActivIdentity will have a monopoly if they owned the rights to issue smart cards remotely.

Thanks Boad as I think your onto something there with the 120 days time limit - if there was a follow up to the case we would of had an update in the meantime and with no reference of it to be found since, it must have been swept under the carpet.

[wjccghcc] 03/3/2009 10:53

Interesting article. IGP management can't talk about the case but my understanding is that the patent concerned (which was not originated by Actividentity but bought by them) is a very broad one basically saying the idea of having a smart card issued from a remote location instead of a central bureau is covered. Clearly, if it is enforced, then the whole industry will be affected, not just IGP.

[boadicea] 03/3/2009 10:25

For those who like to get the flavour of patent problems for the small company, this link might be of interest.



The figures involved in a patent defence (US 'defense') from either side, are frightening. It's nice to know that some weighty US customers are dependent on IGP's expertise, which one hopes will carry some clout.

[rivaldo] 03/3/2009 09:58

5k bought at 43.5p did the trick. Not many shares around evidently.

And not many shares performing as strongly as this at present. I have this a s a long-term hold anyway, but to see such strength is extremely reassuring.

[cambium] 03/3/2009 09:57

One of Questors safe haven was HSBC LOL

[boadicea] 03/3/2009 09:51

237 - I cannot immediately find any new reference to the ActivIdentity patent case. I was mildly amused by finding the DT comment on Intercede at the time - to quote,
"Intercede may be an exciting opportunity with cutting-edge technology, but, in the current climate, Questor readers could find much safer havens. Avoid."

The share price at the time of the DT aricle was in the low 20's and has nearly doubled since. How many of their 'safer havens' have done that?

One thing that the article did say (remember it's only a press comment) was that the detailed infringement complaint had to be filed within 120 days. If true, that expired on 29th Jan 2009 (assuming original filing was on 1 Oct 2008). However, there are often let-outs in the form of late filing fees.

Will post again if I unearth anything.