Intercede Share Discussion Threads

[taurusthebear] 19/10/2006 15:22

What about the FIPS contracts being awarded but no market notification given due to confidentiality? After all, the market isn't the same as the US Government. Also, what actual commitment does each agency have after naming a contract if there is no money involved until next year? Doesn't that imply that they could change to other options?

Because it's seems hard to imagine that all the remaining deals are suddenly going to be announced on or before 27th. If so IGP, may be issuing a packed RNS soon... :0)

[igoe104] 19/10/2006 14:17

A small write up, which will interest some.

[igoe104] 19/10/2006 14:01

thE FIPS 201 APPROVED LIST.

[wjccghcc] 19/10/2006 13:57

andrbea, the agencies must have systems in place to issue the cards by next Friday - even issuing just one card is fine. Then the agencies have one year to issue a PIV card to all federal employees and contractors (i.e. by end October 2007).

Revenue-wise, that means IGP is unlikely to see any financial benefit from the PIV scheme (apart from the RSA $2mm) until next financial year (beginning Mar 2007) but the contracts will certainly need to be awarded within the next week or so.

[jailbird] 19/10/2006 13:00

igoe,

some of us have to wait for funds to come thru...but they just come
quick enough for me...

I know nothing if certain but have peeps got prices they are willing to buy upto?
I guess that figure will be upped if we can can decent revenues are gonna be coming for sure...looks like this will be £s not pence next yr.

[igoe104] 19/10/2006 12:55

jailbird the problem is, you can,t hang around to long, because it looks very likely, positive news is going to happen anyday, (more usa government contracts)

[jailbird] 19/10/2006 12:48

cheers WJ....I was thinking of getting a few..but there are some greedy
buyers around...:-)...let some small holders get some!

[wjccghcc] 19/10/2006 11:24

Taking a leaf out of your book spooky :-)

[andrbea] 19/10/2006 11:23

next october...

do you mean this month or Oct 2007?

[spooky] 19/10/2006 11:19

WJCCGHCC - That's even more rampy than my Avesco post,but i like it.

[wjccghcc] 19/10/2006 11:03

Ok, that was me moving the price buying at 37.48p. This is my thinking:

The FIPS deadline is next Friday by which time all agencies have to have the capability of issuing PIV cards. Then all cards have to be issued by next october (5-8 million according to articles). On the FIPS approval site, only 2 card managers are approved - MyID and RSA. On the submissions page, there are 2 card managers submitted outstanding and 5 rejected. Since none have appeared as approved, I'm guessing those two are MyID and RSA.

The PIV cards are costing $100-120 each. Estimate $8 for the personalisation licence. The RSA $2mm deal was for a set amount of cards - estimating $4 per card gives 500,000 cards before IGP get paid more. That leaves 4.5-7.5 mm cards. If (and it's still a biggish if) there are no other card managers approved in time, then assuming the split is 80% RSA (for which IGP gets say $4 per card) and 20% IGP (say the whole $8 per card) gives revenue to IGP of $21-35mm (mainly profit) over the next 2 years.

There's lots of if's and maybe's in the above calculation but I felt it would be churlish to wait for perhaps another 2p drift in the price given the potential upside and timetable.

[yump] 19/10/2006 10:50

Thought this might continue to trickle down a bit, but that's a sudden reversal !

[taurusthebear] 17/10/2006 06:04

I don't think it's necessary to have any one sector in a portfolio. Also, I don't really like companies over 100m market cap., because inherent in that are the greater profits required each year, and more growth to achieve them, unless of course you are relying on the share price being re-rated, which I never do. I have one company over 100m market cap., and that is showing something special in terms of growth, so it gets in my portfolio. Otherwise, no thanks! It's easier to double an ant than an elephant... :0)

[igoe104] 16/10/2006 18:59

taurus we all all punters, when we have involvement in dealing with shares. you should know, that if the zinc price goes up, that means it will mean higher profits for a companies producing zinc, so you should have a commodites play in your portfolio. i hold over the value of 42k in cash in (gfm )
shares in the company, so i do talk the talk and walk the walk.

[taurusthebear] 16/10/2006 17:22

igoe - I think you mistake me as a punter. As someone who once worked in the oil industry, the price of commodities holds little interest to me, because I know how fleeting and speculative they are. Also, I find it interesting to note that those advocating buying something are often those without the funds to do so... ;0)

[igoe104] 16/10/2006 16:34

lastest partner release.

[igoe104] 16/10/2006 14:40

latest news on the national id card.



ttb if you have any spare cash, should get onto gfm, zinc price hitting new highs, because of big demand from china, gfm have a huge zinc mine in china.

[holgerl] 16/10/2006 12:58

check out flying brands FBDU fbdu -

[taurusthebear] 16/10/2006 12:42

jailbird - there is an alternative way to pick up shares, buy when they're sold off, but of course many don't like to do that. I'd be a buyer at 35p, which I think is a fair rise from the 30p they were. To mark the shares up 30% based on a deal for 160,000 Fed employees that may be a year away from potential revenues, and on minimal trades, just makes me think that these MMs don't want to do any business... :0)

[igoe104] 16/10/2006 10:30

It always the same with small cap companies like this, i got shares in griffin mining at 6p, when they had a cap of 6 mill, it was the same situation with them, hard to trade in out etc. but as the company share price improved and the cap went over 50 mill, it was made alot easier to trade in and out of.
ps its interesting what the mm is doing, because they has been alot more buyers, than sellers over the last week, can,t see him having a big chunk of stock left.

[taurusthebear] 16/10/2006 09:44

spooky - I have no intention of selling, but I also have no intention of buying more when the MMs are clearly playing with a loaded deck! :0)

[spooky] 16/10/2006 09:41

TaurusTheBear - You are starting to sound like a non believer who is thinking of selling a few following the rise.Whatever happened to the longterm investors in this world :-o)

[taurusthebear] 16/10/2006 09:09

Well, it seems to me that the MMs are killing all trade in this stock. Heaps of stock available to buy online, but not to sell, so why did they walk the price up so much? Pathetic! They seem to want a market where the price is governed by RNSs rather than actual trading volume... :0)

[igoe104] 15/10/2006 17:51

Taken FROM ANOTHER site, worth a look.