Intercede Share Discussion Threads

[trigger45] 23/11/2009 08:01

Just seen this elsewhere. Have no idea if it helps or not.

[aphrodites] 22/11/2009 23:00

rambutan

I read the same article and had very similar thoughts to your own.

The para which said "We are one of the most open economies in Europe in the way that we let ideas flow in," said Green. But our research very clearly shows the UK is not particularly well organised at bringing really good ideas to fruition."

"BRINGING TO FRUITION" covers a multitude of sins. I always feel one of the problems we have in the U.K. is that too many institutions these days are short termist! Performance is rewarded by bonuses which get bigger with the better the performance. Hence many Fund Managers, not all, tend to churn investments when they see a good profit. They are not in it for the long term. And risk capital in the U.K. is very expensive and even harder to get hold of. Is that what they mean by "the U.K. is not particularly well organised"?

If IGP are successful in their Court Case and the share price does not respond if I was the C.E. I would be looking to organise a Management Buy-Out! But I wonder where would they find the risk capital?????!!!! Or would a new owner be better?

[rambutan2] 22/11/2009 20:45

just a general piece but as i read it i couldn't help thinking of IGP - it's history, its management, what's been achieved, how long i've had money tied up in it, and what sort of outcome i would now like...

[smartmoney100] 20/11/2009 11:49

I see we're in court again 10th Dec.



1. Intercede's Motion to Compel Discovery
2. ActivIdentity's Motion to Bifurcate

[igoe104] 15/11/2009 10:39

Details on the indian national id card cards coming soon, 2 months.



if igp are involved in some sort of way (via partners verisign thales etc),the shares will rocket because we are talking 1.2 billion folks.

[igoe104] 13/11/2009 09:54

This is another middle-east id card project that i expect igp to be involved in via one of there partners.

[igoe104] 11/11/2009 20:21

I must admit before this morning thinking that novell was a worldwide hotel group. (you learn something new every day)

this looks like it could be a interesting partership, novell are mainly involved mainly on the pc side of things mircosoft etc, it could be another market for igp to enter.

[rambutan2] 11/11/2009 16:31

I think this is IGP's first association with Novell (?) who are one of the giants...

Novell just released Novell SecureLogin 7 in September 2009. The latest version of its enterprise single sign-on solution drastically reduces the time required to SSO-enable applications in an organization from weeks to
days--allowing customers immediate advantages from improved productivity and operational efficiency...

[glasshalfull] 11/11/2009 10:35

Hoodless Brennan's comment on today's news.

Intercede Group (IGP, 47p, £22.64m) A petrochemical (company) has adopted Intercede's MyID for employee identity cards. We maintain our 56p price target with a BUY recommendation, last iterated at 44.5p on 12/10/09

Regards,
GHF



EDIT - Worth well in excess of 56p IMHO.

[wjccghcc] 11/11/2009 09:39

Ah rivaldo, I have my moments of quiet optimism :-)

The other thing to remember is management are very tight on costs (see Alice's AGM report). Unless a contract is at least 10% of revenues in one year (unlikely for most contracts since the revenues tend to be spread over several years), they're going to always do an RNSNON because it's a lot cheaper.

[interceptor2] 11/11/2009 09:33

Chart looking good with a break out this morning and highest price for two years. I also believe IGP will exceed forecast for the full year, I worked out that PBIT should come in at least £1.75m giving EPS 4.7p

[rivaldo] 11/11/2009 09:31

Today's RNS is excellent, but remember it's only an RNSNON so not material in itself. The price reaction today is due to IGP's illiquidity - and to no-one wanting to sell (quite rightly imo!).

The RNS does bode well for more news, so perhaps the next one won't be an RNSNON.

WJ, I don't think I've ever seen you so exuberant about a stock! A P/E of 18-20...let's hope so.

[arthurly] 11/11/2009 08:32

Back to breakeven now (having bought at the wrong time). Hopefully a lot higher in the next year, especially if the court case is settled OK.

[wjccghcc] 11/11/2009 08:23

It does appear that the contract wins are snowballing :-)

It's looking increasingly likely they'll beat expectations (pre legal costs). All we need now is the court case to be dealt with and there's a strong argument they should be trading on a PE of 18-20 at least given their increasing market leadership in a strongly growing sector. 80p anyone?

[glasshalfull] 11/11/2009 08:17

The RNSNON appears to have had the desired effect.
Bullish tone of the statement hadn't escaped me either.

Regards,
GHF

[interceptor2] 11/11/2009 07:50

Since the positive trading update on 7th October, momentum continues to grow, with contract news on 12th and 26th October and now today.

[fft] 11/11/2009 07:25

Nice contract win this morning.

from the tone of the RNS, which is always interesting, it seems that they are very confident of more contract wins in the near future.

[igoe104] 04/11/2009 15:14

I see gemalto are involved in the kuwait id program as well.



Lets hope we get involved in the saudi arabia id project which they (gemalto )are involved in.

Verisign operates digital infrastructure that enables and protects billions of interactions every day across the world's voice and data networks. (Gemalto partners with Verisign) to provide strong authentication solutions both for the enterprise and the consumer market. In particular, Gemalto Network Identity Manager (NIM) supports the VeriSign Identity Protection (VIP) Network, so consumers can use Gemalto's secure USB authentication token with any organization in this shared authentication network that includes many of the world's leading online businesses.

[igoe104] 04/11/2009 12:04

Everything points igp favour, we should get get some compensation out of this. results out next month. so a settled court case and good results should see this move past 50p and upwards.

[julianc35] 04/11/2009 11:16

Very frustrated that we are not moving ahead probably to do with the court case. I found this below which should presumably strengthen IGP counter claim. Anyone heard anything else or timescales for the ruling?


Failure to Disclose Patent to Standard Setting Organization Can Be Monopolization
In Actividentity Corp. v. Intercede Group PLC et al., Northern District of California Judge Vaugh R. Walker has refused to dismiss smart card maker Intercede Ltd.'s allegations that rival Actividentity Corp. monopolized the relevant market by failing to disclose to a standards-setting organization a patent covering technology for remotely updating the devices. The court held that Intercede sufficiently pled its antitrust claims, by alleging that 1) Actividentity created a monopoly by failing to disclose a patent to GlobalPlatform Inc., which created a "patent holdup," whereby GlobalPlatform unknowingly set standards that incorporated Actividentity's patented technology; and 2) such control of a patent has the ability to achieve monopoly power and either exclude competition or extract unwarranted monopoly profits from all competitors in the industry in violation of Section 2 of the Sherman Act.


This entry was posted on October 15, 2009 at 11:44 am

[glasshalfull] 01/11/2009 23:14

Yet again many thanks for flagging igoe.

Total contracts mentioned total $170m and it is the first with contract worth $142m that mentions security and ID....and I hope involves IGP in some capacity.

Grabbed a few more on Friday. With business booming operational gearing will (hopefully) have a significant effect in the next few years.
Only need Acrividentity issue concluded satisfactorily and these could really fly.

Regards,
GHF

[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