Intercede Share Discussion Threads

[ianhamo] 11/11/2021 16:32

https://www.londonstockexchange.com/news-article/IGP/holding-s-in-company/15209362

[ianhamo] 03/11/2021 12:41

Have we been suspended!!? Lol

[earwacks] 26/10/2021 12:09

I think the answer to directors buying in is firstly they already have a big financial stake. Some of the previous directors converted loan notes to shares at a higher price and likewise there is a share incentive scheme at a higher price. Looks to me as though there is a persistent seller of blocks of 5000 shares. Wish they'd just tell me what price they want ! I remember a director telling me once that they ask big holders to contact them so that they can introduce them to a buyer rather than anonymously drip feed them onto the market.Surprisingly few do. They seem to prefer crashing the market. It usually works out better all round and I cant believe there would not be a keen institution wanting to get a wedge of these shares. Problem is probably not a big enough number of shares available on a 49 million mcap especially with a large proportion of that in the hands of institutions and director. Herald only got in I believe because there was 1 of 13 loan note owners prepared to sell to them.

[ianhamo] 26/10/2021 07:59

Interesting valuation on a similar company!https://techcrunch.com/2021/06/22/transmit-security-raises-543m-series-a-to-kill-off-the-password/

[robsy2] 25/10/2021 21:28

So. Reasons to be cheerful. The 400k a year saved, row will open up at some point, new My Id suite of products is being taken up by clients, cyber security issues are intensifying, remote working helps us, sales up 9%, super margins. Any sign of serious uplift in sales and we are in a very good place.

[pyman] 20/10/2021 14:12

share buy backs - i get it. .. but last thing I want to see from a small growth co (ish)- says , we cant figure out what else to do...so here s the cash back . slightly better than a mad acquisition I ll grant you .

[ianhamo] 20/10/2021 10:46

At these levels a share buyback or Director Buys would be reassuring!

[earwacks] 19/10/2021 18:28

Well Hedgehog thats what we are about to find out. Don't forget converting the loan notes in 12 out of 13 case were converted to shares, which was a big deal and saves the company £400,000 per annum. I agree the PE does not reflect current trading in line but its the ROW trading that has been held up by COVID and thats where they hope to see strong recovery this year assuming we are out of lock down permanently which obviously with current health news is not a given. As Mellon says about investing generally,'its no use getting in after the event.

[hedgehog 100] 19/10/2021 18:06

08/06/2021 07:00 UK Regulatory (RNS & others) Intercede Group PLC Final Results LSE:IGP Intercede Group Plc
" ... Revenue for the year ended 31 March 2021 (FY21) increased by 6% to GBP11.0m (FY20: GBP10.4m). ... "


07/06/2016 07:00 UK Regulatory (RNS & others) Intercede Group PLC Final Results LSE:IGP Intercede Group Plc
" ... Revenues of GBP11.0m (2015: GBP8.8m), an increase of 25%. ... "


So over the last five-year period, IGP's revenues have been flat.


It's been a good recovery trade, rising from 16.25p in May 2019, to 117.5p in July of this year.

But it's a recovery play that has recovered, and it now needs strong growth to justify a P/E of 27.

Are the growth prospects there?

[marktime1231] 12/10/2021 12:54

Exactly, and waving their cash balance about is inviting a solid bid.

[pyman] 12/10/2021 10:25

a tasty little morsel themselves given the client relationships and cash.
If they dont build sales soon....especially given what a growth sector this is .....

[ianhamo] 11/10/2021 12:23

Going nowhere

[ianhamo] 11/10/2021 12:22

Very flat update. Nothing about an acquisition, share buy back or adding shareholder value. Going now where soon on that update!

[pyman] 11/10/2021 09:14

8,5mill in cash ... steady as she goes .. very steady .

[earwacks] 07/10/2021 11:46

A few more sells today bringing the share price down. Darktrace have had a meteoric rise based on no figures whats ever.Edmund Shing transferred some funds from Kape to put in here earlier this year. I remember some body here asked if they were up for a takeover. The reply was 'they'd have to pay a lot more than todays price.' They have not ruled out an acquisition themselves which could be a drag on the share price Cant see any reason to doubt this is a good investment, especially in this sector and the quality and loyalty of their clients. Maybe growth is a bit slow for a 'growth rating'. I did sell half my holding £1.12 but not selling at this price. Bought a few more back this morning and intend to keep adding @ 89.5 or below is pretty good value. The other issue is about inflation and how that effects the earnings of tech stock. USA is looking to raise debt ceiling rather than put up interest rates.IGP have no debt and a decent cash pile

[somerset lad] 07/10/2021 07:51

Not today then. Is finnCap awaiting delivery a new Difference Engine to compute the upgrades?

[somerset lad] 06/10/2021 19:04

Thursday 8th in 2020, Monday 7th in 2019, Thursday 4th in 2018.

[solrei] 06/10/2021 18:51

Last couple of years, they have updated the market at the beginning of October

[earwacks] 06/10/2021 17:58

Cant see anything in diary about update, although they did update last year around this time. Very odd market. They have already announced £4 million in new revenue for this half in new contracts never mind the multiple upgrades, That must be quite a bit more. Would have thought they were well ahead of last year already. The share price has been a bit pricy for what it is but with no debt the dosh should be pouring in this year hopefully, please, please nice please.

[ianhamo] 03/10/2021 20:13

Hoping for positive Q2 update this week!

[zipstuck] 17/9/2021 07:46

Reminder of the last trading statement in July. Next in early October.
5/07/2021 7:00am

Intercede set fair IMO

UK Regulatory (RNS & others)

Intercede (LSE:IGP)
Historical Stock Chart

From Jun 2021 to Sep 2021

Click Here for more Intercede Charts.
TIDMIGP

RNS Number : 0903E

Intercede Group PLC

05 July 2021

5 July 2021

INTERCEDE GROUP plc

('Intercede', the 'Company' or the 'Group')

Connect Partner Programme & Q1 Contract Wins

Intercede, the leading specialist in digital identities, credential management and secure mobility, is pleased to announce strong progress with its recently launched Connect Partner Programme, which underpins the current and future growth of the Company through new partnerships in Europe, United States, ASEAN, Latin America and Africa. The strength of these new relationships has resulted in a record number of six new customers being signed up during Q1, with orders received totalling in excess of GBP600,000, most of which will be recognised in the current fiscal year.

Building on the launch of the Connect Partner Programme in February 2020, new and enhanced relationships have been formed via both Technology Partnerships with organisations such as Aware, Yubico, Utimaco, Primekey, Sailpoint, Feitian, Authentrend, GoTrustID and Entrust as well as Reseller Partnerships, including but not limited to CertiPath, Altron, Guidehouse, Expisoft, eSysco, ASKON, Cryptas, WidePoint, TSM and Nevo Technologies.

With the continued rise of data breaches coupled with a shift to remote working and the increased pace of digital transformation, these partners recognise that many of their customers in Federal/Government, Defence & Aerospace, Finance, Healthcare, Industry and Telecoms are looking to enhance their IDAM offerings with Intercede's MyID products when it comes to strong authentication and digital identities to enable them to secure their customers better.

Klaas van der Leest, Intercede's CEO, added:

"Despite launching our Connect Programme just before the COVID-19 pandemic began, we have made strong progress in the wider partner community as witnessed by the new and refreshed relationships and we fully expect further new partnerships to be added across many regions in 2021. During the last fiscal year, over 90% of new business revenue was booked through the Connect Partner Programme and it is pleasing to see this momentum continuing during the first quarter of the current year."

[ianhamo] 15/9/2021 16:18

Looks like the acquisition is still on the cards. Intercede Group PLC Result of AGMSource: UK Regulatory (RNS & others)TIDMIGPRNS Number : 8997LIntercede Group PLC15 September 2021Intercede Group plcResult of Annual General Meeting ("AGM")The AGM of Intercede Group plc was held on Wednesday 15 September 2021 at 11.00 am.All resolutions were passed on a poll. Resolutions 1 to 5 were passed as ordinary business and resolutions 6 to 9 were passed as special business. The number of ordinary shares in issue is 57,243,357. For % of votes Against % of Withheld cast votes cast Ordinary Business ---------------------- ----------- ---------- ------- --------- 1. To receive and to adopt the Company's financial statements for the year ended 31 March 2021 together with the reports of the Directors and the auditors. 33,479,553 100.00 - - - ---------------------- ----------- ---------- ------- --------- 2. To re-elect Rob Chandhok as a director. 30,485,011 91.06 2,993,542 8.94 1,000 ---------------------- ----------- ---------- ------- --------- 3. To re-elect Chuck Pol as a director. 30,477,011 91.03 3,002,542 8.97 - ---------------------- ----------- ---------- ------- --------- 4. To re-elect Andrew Walker as a director. 30,485,011 91.06 2.994.542 8.94 - ---------------------- ----------- ---------- ------- --------- 5. To re-appoint BDO LLP to hold office as auditors until the next Annual General Meeting, and to authorise the Directors to determine the remuneration of the auditors. 33,479,553 100.00 - - - ---------------------- ----------- ---------- ------- --------- Special Business ---------------------- ----------- ---------- ------- --------- 6. To renew the authority given to the Directors to allot new securities. 30,504,364 91.11 2.975.189 8.89 - ---------------------- ----------- ---------- ------- --------- 7. That the Directors be given power (subject to the passing of resolution 6) to allot for cash equity securities (as defined in section 560(1) of the Act for the purposes of section 561 of the Act). 30,504,364 91.11 2.975.189 8.89 - ---------------------- ----------- ---------- ------- --------- 8. That, in accordance with article 10 of the Company's articles of association and the Act, the Company is generally and unconditionally authorised to make market purchases (within the meaning of section 693 of the Act) of ordinary shares of 1 pence each in the capital of the Company (Ordinary Shares). 30,466,314 91.00 3,013,239 9.00 - ----------- ------ ---------- ----- 9. That, the draft articles of association produced to the meeting be adopted as the articles of association of the Company in substitution for, and to the exclusion of, the Company's existing articles of association. 30,516,764 91.15 2.962.789 8.85 - ----------- ------ ---------- ----- The votes "for" figures include those votes at the discretion of the Chairman. A vote withheld is not a vote in law and is not counted in the calculation of the proportion of votes "for" and "against" a resolution.Intercede Group plc will also publish this information on its website at www.intercede.com .Enquiries Intercede Group plc Tel. [phone] Klaas van der Leest, Chief Executive Andrew Walker, Finance Director finnCap Tel. + 44 (0)20 7220 0500 Stuart Andrews / Simon Hicks, Corporate Finance Tim Redfern / Charlotte Sutcliffe, ECM About IntercedeIntercede is a cybersecurity company specialising in digital identities, derived credentials and access control, enabling digital trust in a mobile world.Headquartered in the UK, with offices in the US, we believe in a connected world in which people and technology are free to exchange information securely, and complex insecure passwords become a thing of the past.Our vision is to make the highest levels of cybersecurity available to organizations and consumers alike, solving complexity and scalability issues by managing high volumes of digital credentials.We have been delivering trusted solutions to high profile customers for over 20 years. Our team of experts has deployed millions of identities to governments, most of the largest aerospace and defence corporations, and major financial services and healthcare organizations, as well as leading telecommunications, cloud services and information technology firms, providing industry-leading employee and customer credential management systems.For more information visit: www.intercede.comThis information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.ENDRAGDKPBKNBKDFCD(END) Dow Jones NewswiresSeptember 15, 2021 09:09 ET (13:09 GMT)

[robsy2] 15/9/2021 07:48

Todays RNS suggests that MyID is gaining traction and follows on from the RNS below.

INTERCEDE (IGP): CORP FIDO2 certification Intercede has announced its MyID credential management software has been FIDO2 certified, which means organisations using MyID v12+ will be able to issue, manage and authenticate with FIDO credentials with any FIDO certified authenticator. The certification significantly increases the company’s Total Addressable Market as MyID brings FIDO to both the enterprise and additional government customers, and uniquely gives flexibility for the best form of strong authentication.