Intercede Share Discussion Threads

[jailbird] 21/12/2006 08:27

weel someone is supplying stock...maybe someone who may be in know of any cash raising...all speculation though!

[rambutan2] 20/12/2006 23:25

aphrodites, good post.

only yesterday i mentioned to a fund manager im acquainted with that bearing in mind the cash sit there might be an opp to get into igp on a placing in the nearish future.
however, also like you, i'd love to be proved wrong.

[aphrodites] 20/12/2006 23:09

carly

I think you will have to be a little more patient.

It is the Christmas period and he might well be away.

I found him very good when I emailed him.

Let's wait until the New Year and if he hasn't replied by say 8 January I shall also drop him a line.

Mind you he might not be able to reply because he knows Peel Hunt is in the process of making a placement.

On the other hand it would be unusual for a director to buy stock when he should know the company might be involved in a cash raising exercise.

I actually thought this was a very positive piece of news.

Then again I cannot see IGP has any other alternative but to make a placement (this would be the cheapest course to take) or a rights issue, unless of course it has positive proof that the contracts it has announced will generate substantial positive cash flows in 2007. Then its bankers might well be prepared reluctantly to step in and help finance the shortfall.

I feel another convertible loan stock would not be advisable.

With the company only having £400k in the kitty when it announced its results one must question why its brokers did not preempt the issue and advise it to placate market worries about running out of cash. But how often do we see the obvious being ignored by C.E.'s because they have not been advised properly by their brokers? I bet Peel Hunt is licking its lips at the thought of making a little dosh by placing some shares?

And I wonder who is supplying a bit of stock to the market at present!

If IGP could show it has raised £2m with a placement at 55p a share with say 6/8 large institutions and it commented positively on its future cash flows this would be excellent news for the company. I think the price would immediately jump to 70/80p and it would receive very good write-ups. There would still be a shortage of shares in the market and if the company broker really did start to push IGP with forecasts of very substantial profits in the future we could see a dramatic 4-fold increase in price over 2007/8.

I just cannot help being very bullish about IGP's prospects.

But I would love to see it make a comment about not needing to raise any cash short-term.

[carly2] 20/12/2006 18:45

Well I tried e mailing Andrew Walker re the cash position - but i've had no reply. If anyone else has any contacts, please give it a try. Best wishes to all holders.

[graham browns dad] 20/12/2006 18:26

i think that over the coming months we will start to see order values coming in...i also expect to see igp at £1 + over the next few months.

[igoe104] 20/12/2006 18:04

ITS a good thing in away, to have a big seller around the 60p mark. if new blood comes in at the 60p mark it creates a new platform.

APHTOPITES has been spot on in what he has said, about a buyer and a seller being around, i wonder how much over-hang is left, to clear from the seller ?

[rambutan2] 20/12/2006 17:05

yes, a 50k t at 61p and a 25k o at 63p.


may as well post the afx take...

Intercede partner RSA wins 952,977 usd smart card order from US government

LONDON (AFX, 12.37pm) - Intercede Group PLC said its partner RSA Security Inc has won a contract from the US government's General Services Administration worth 952,977 usd to provide its smart card component to an unnamed federal agency.
It said the smart card will be used for the implementation of Homeland
Security Presidential Directive-12, which covers the provision of ID for all
federal employees and contractors.
RSA uses Intercede's MyID technology under a licence agreement announced in
2005.

[igoe104] 20/12/2006 13:43

SOMEONE mopping up, hey aphrodites ?

ps its looks like that sellers back.

[buffin] 20/12/2006 10:43

Whichever way the UK government goes, it's likely to be an expensive mess, and happily speculation about it seems to have nothing to do with this share.

[wjccghcc] 20/12/2006 10:17

Whichever way the government go, they're going to need a CMS for issuance and verfication that can be linked to the different databases and works with PKI. Sound like anyone we know?

[garth] 20/12/2006 09:07

Possible that they mean that the cards will be manufactured under contract and then issued to users in house....

Any thoughts on who's technology would allow them to do that easily?

G.

[pyman] 20/12/2006 08:33

govt are taking flak- they will use best of class and what is proven to work and not risk both overrun in cost AND failure. Sounds to me like we (the consumer )will be paying anyway- just like a new passport!

[garth] 19/12/2006 22:55

This piece suggests the UK ID cards will be created in-house:

[igoe104] 19/12/2006 20:40

GREAT POST wjcc. THIS IS WELL WORTH A READ

[wjccghcc] 19/12/2006 19:50

Totally agree. That's 25 out of 26 announced federal agencies using MyID or MyID OEM CMS's. It's also nice that this was through the GSA which is recompeting the 46 agency contract they'd given to Bearingpoint/Gemalto/Bell ID over the next few months. I expect we'll see some of those agencies adopt their own solution (hopefully MyId based) as they realise the benefits of incorporating the PIV cards into their own systems rather than just doing it to fulfil the letter of the law.

[rambutan2] 19/12/2006 17:27

top stuff.

a tiny uk listed co is right at the heart of a huge worldwide movement/shift and in what is currently looking like an unassailable strategic position. what an achievement.

[Abuse team] 19/12/2006 16:15

Post removed by ADVFN

[pork belly] 19/12/2006 16:14

excellent news again today.

[jailbird] 19/12/2006 15:10

i was not calling, i was was asking..(see the question mark!).
From my experience i thought director's do not buy if news like todays is
close to being released

[igoe104] 19/12/2006 15:03

jailbird - 18 Dec'06 - 13:53 - 751 of 760 (Bad call. LOL)


does that director buy there is no price sensitive news around the corner?...
maybe in the new year now

thats what i like about this company, lots of news flow, keeps folks interested
thats the secret to driving alot of these AIM companies up.

[smartmoney100] 19/12/2006 11:52

And on we march!

Nice to see some blue :-)

Sm

[spekky] 19/12/2006 11:40

Good news but what percentage comes to Intercede,any guesses?

[igoe104] 19/12/2006 10:06

MORE NEWS ON THE NATIONAL ID CARD.



Don,t think it will be to long before more details are realised about the national id card. it starts for europeans coming over to the uk soon.