Intercede Share Discussion Threads

[iicb] 28/10/2009 23:14

igoe, thanks for that post..... a nice read.

iiCB

[igoe104] 28/10/2009 20:43

Abit of press which was reported early-on in the month, nothing new but worth a look.



ps looking at the picture of mr parris hes looking well for his years, (not one line on his forehead) it looks like botox has been in action In his free time. LOL

[glasshalfull] 27/10/2009 18:43

Yep, was an excellent RNS and igoe's digging which suggests IGP may be involved in Iraq ID card scheme via Thales also provides significant optimism.

I don't think we can expect fireworks until resolution of the Actividentity issue.
However, they are clearly going great guns as evidenced by the 40% increase in 1st half revenues and recent announcements, and even given the dilutive effect of the loan note conversion, I think they will significantly beat 3.3p EPS

I also thought there would be a tick up yesterday so kept my powder dry but couldn't resist a further tranche prior to the close.
Believe this has all the hallmarks of a long term winner...if the company doesn't get snapped up too early.

Regards,
GHF

[rivaldo] 27/10/2009 07:48

Great RNS yesterday. This is a sleep soundly share - no need to worry or post too often, at some stage it'll be recognised.

I posted some time ago that I thought the share price might flatline as it had reached around 43p-44p and was on quite a high P/E, despite its other qualities, and flukily I was right! I still feel it might drift for a while given that high P/E (latest forecast still 3.3p EPS from FinnCap), especially given poor overall stock markets, but IGP are progressing closer to a tipping point where the cash pile, high recurring income, increasing blue chip client list etc might cause a rethink.

Interesting to see what happens.

[iicb] 26/10/2009 21:34

Perhaps the upcoming results will make this move shortly.... but the legal overhang always tends to destroy the price in my mind. That needs to be cleared.

Regards,
iiCB

[aphrodites] 26/10/2009 11:56

julian

As I have posted before, there is so little stock around; or stock around at this price, that it is very difficult for the company's broker to get any institutions involved. They will be just chasing one another's backsides around.

I have rattled on about a possible takeover but of course if the share price does not reflect the Board's view on the true value of the company then they might consider a management buy-out.

I do agree with you, one would have thought today's anouncement would have seen at least a small movement in the share price. Most frustrating.

[julianc35] 26/10/2009 09:16

The price is never going to move without the company's broker getting institutions involved. News like this doesn't even generate one trade!

[igoe104] 26/10/2009 08:45

Just makes you wonder if all the worlds banks will evenually sign up.


Additionally, a European bank has selected MyID 8 Enterprise SR1 to manage the
deployment of their employee ID card. The bank required support for both
Microsoft Windows Vista clients as well as Microsoft Windows 2008 Server making
MyID 8 Enterprise SR1 the perfect choice for this customer.

[wjccghcc] 26/10/2009 08:39

I remember the "good ol' days" when we'd only get 2 contracts a year. Now, 3 contracts get bundled together into a RNSnon. How times have changed :-)

[igoe104] 26/10/2009 08:36

Latest news.

[wjccghcc] 25/10/2009 16:36

No, but Thales has been contracted for the first (database) stage which puts them in a strong position to be involved in the rollout. IGP provide the IDMS for Thales, Verisign, Lockheed Martin, RSA and Safenet among others.

[archa] 25/10/2009 15:48

Do we actually KNOW if IGP have a contract for any part of the total projected spend of $300 million?

[igoe104] 25/10/2009 10:55

Yes wjcchcc, it looks like it could be very rewarding for igp being involved in the iraq id card project. its a $300 million with 30 million iraqs involved. the exciting thing is im hearing there going to lots more up-coming id card projects in middle-east and worldwide. i feel this 20 million cap company will be worth a-hell of alot more in the coming years.

iraq announced the identity card system in July, with the intention for the scheme, which is expected to cost 300 million dollars in total, to be operational in about two years.

[billbyrne] 21/10/2009 21:59

Sorry off topic.

Igoe104, WJCCGHCC. I would like to ask your opinion,s on SNS, reminds me a
little of IGP going back a bit. Recent contract renewal with US Army and today
GSA upgrade to the new version of their e-signiture software.

Hope you don,t mind, any comments of course over on their BB.

Sorry for off topic again.

[wjccghcc] 21/10/2009 11:05

Nice spot. Early days but could be a very significant contract if it proceeds to rollout.

[igoe104] 21/10/2009 10:24

Partner thales wins iraq id card (first stage) hopefully more good news for igp on the way.

[aphrodites] 13/10/2009 17:53

I have been critical from the start about the placement made with Hargrave.

If they are the sellers and are suppressing the share price then I trust the F.D. is alive to the situation and takes the matter up with the company broker.

The company broker needs to address the situation anyway and try and take out the seller ASAP.

[spooky] 13/10/2009 16:32

It was a put through for 0.5p,my thoughts were that the obvious candidate is Hargreave as well,the seller is still there but is currently only interested in selling on the offered side.

[aphrodites] 13/10/2009 15:55

spooky

Interesting they should put up two 67,100 trades one at 45.5p with a ? as to whether it a buy or sell and the other at 45p as a sell. And two other 50,000 trades at 45p and 45.5p with questions marks against them.

Both look like put throughs for a 0.05p turn.

So if your information is correct and yesterdays deals also went through there is obviously a sizeable buyer and seller out there.

And as far as we know there is only one sizeable institutional holder of IGP shares so we can put two and two together and conclude it is Hargrave Hale selling again?

[aphrodites] 13/10/2009 13:42

spooky

If my memory serves me correct there is not the same requirement to show the deals in shares on the AIM market.

I have had a look in my bottom drawer and the share certificates are still ALL there! :0)

[spooky] 13/10/2009 13:28

APHRODITES - Well someone is selling;the 50,000 you were talking about were bought at 44.5p yesterday,a further 90,000+ were bought today at 45.5p.I know the buyer,the market makers keep coming to you for a reason,perhaps someone's selling yours when you're not looking :-o)

I'm not sure why these trades aren't appearing on Aim or Plus.

No stock available on line.

[wjccghcc] 13/10/2009 13:14

The statement also indicates the Kuwait system is being expanded beyond what was originally agreed. This ties in with the trading statement where they said several of their existing customers were expanding their deployments.

[igoe104] 13/10/2009 12:50

Good point boadicea, but according to a pervious statement we are also should be involved with id systems in morocco and the uk as well.

(This contract builds upon our global success in national identity schemes, which include countries such as UK, Morocco) From the thales MD, surely igp wouldnt have printed that in the statement if we wasnt going to be involved as well.



The morocco is with our partner thales and is 20 million over 4 years.



.

[boadicea] 13/10/2009 11:44

"ACCUMULAT0R - 12 Oct'09 - 19:50 - 1664 of 1670

I too am amazed at the lack of share price movement today."

The answer lies in the fact that yesterday's RNS was not an announcement of a new contract but the release of details of a contract signed and notified in outline last December. As it says in the RNS -

"This follows Intercede's previous announcement on 4 December 2008 that an unnamed country in the region had ordered Intercede's technology."

The original contract announcement is included in this -


The news of the patent infringement case is actually more significant in my view.