Intercede Share Discussion Threads

[igoe104] 29/1/2007 15:06

yes wjjcc, that gsa bid result should be in march. i think we have a 90% chance of involvement in that, it should put the share price in the late 70,s (at least)if we are sucessful.

yes it would be more ideal, for me and you wjcc not to be taken over for another year so we can get 75% cgt relief, for holding for two years.

ps this is worth a quick read.

[aphrodites] 29/1/2007 15:05

SPOOKY

I quite agree with your analysis.

The correct price at the present time is probably around the 90p level. Does a 50% increase over the floatation price to reflect the recent progress and contract awards sound reasonable?

Does anyone have to hand the shareholdings of the directors and options?

Then a bid around 120p.m ight be the opening gambit.

I am a director and major shareholder of an expanding private company which has seen its turnover increase from £2m to £16m in the last 3 years. We have had two approaches to buy us in the last 12 months both of which we have declined. We are not ready to sell yet even though the offer price is 10 times the investment I made 5 years ago.

I am sure the IGP directors will be totally against any approach at this time. But unlike our company their profits and progress has not been reflected in their share price. I think it makes them extremely vulnerable.

Very interesting times.

[wjccghcc] 29/1/2007 14:48

jailbird, MyID is pretty much their only product but because of its modular nature, it can be used from high-end biometric smart cards to simple 2-factor authentication tokens. It is a Card management/Identity management system so effectively can be used for any logical or physical access situation. There are other CMS and IDMS out there, but few combined CMS/IDMS and even fewer (dare I say none) which are as provenly robust. For other projects, suggest you read their news releases/annual report on www.intercede.com.

igoe104, ask me after the GSA rebid is announced.

[igoe104] 29/1/2007 14:45

MINE IS depends on what price is offered, ram. At this stage of devlopments £1.40 would be hard to turn down.

anyway its silly talking this way at the moment, its all pie in the sky anyway, at this moment in time.

[rambutan2] 29/1/2007 14:28

spooky, my conclusion is the opposite - they are all better off if igp is left independent and they all share myid. ?

[igoe104] 29/1/2007 14:02

SPOOKY/ wjcc out of interest what would be a price you would be happy with,(at this stage) if a take-over happened, in the near future ?

[jailbird] 29/1/2007 11:52

there has been alot of talk about federal gov contracts for obvious reasons.

Do we know how intercede's other products fair well in the marketplace.

[spooky] 29/1/2007 10:14

rambutan2 - I don't believe there was any reference to a London listing.

I believe all of the companies involved in HSPD-12 will be reviewing the process and i feel a number of them will be concerned by the fact that MYID has become a key means of differentiating during the tender.Were one company to attain control of MYID it would place the competion in a very awkward position.Do they try to licence MYID from a direct competitor or do they try to develop their own which would be untested and at least initially, inferior.It would leave them poorly placed to bid for new contracts,just at the time when the market is entering it's high growth phase.The conclusion here is fairly obvious,i believe Intercede's days as a private company are numbered.

[wjccghcc] 29/1/2007 09:37

This will be the next big area in the US after HSPD-12, and the states are likely to take their lead from the NIS and the federal programme.


"The New York State Office for Technology has issued a best practices guideline to help state agencies and local governments manage employee and citizen access to online applications and transactions.

The NYS Trust Model establishes basic standards and processes that will govern the way identity credentials are managed and is intended to serve as a foundation for future identity and access management policies.

The guidelines, which were a collaborative effort by New York Chief Information Officer Michael Mittleman and the New York State CIO Council, were issued to address the need for better information security.

The guidelines are part of a larger governance framework that is still evolving, Mittleman told Washington Technology. The governance model, when completed, will address such issues as compliance review and dispute resolution.

The state's computer systems are used daily by a wide variety of people, including citizens and business partners, across various agencies and geographical areas, the New York Office for Technology said in a statement announcing the trust model. The statement noted that citizens and businesses currently are able to conduct 350 different online transactions, with more transactions to be added in the future.

The Empire State's trust model is based heavily on the efforts of the National Institute of Standards and Technology and the U.S. Office of Management and Budget, Mittleman said.

To private sector technology companies, "the guidelines should indicate how New York state agencies will be thinking about identity vetting, data classification and authentication in a federated environment," he said.

"The guidelines suggest some of the capabilities that the state will expect to put in place as part of a federated [identity access management], and, by extension, capabilities that state and local agencies might expect in their own IAM efforts," Mittleman said.

William Welsh is the deputy editor of Government Computer News' affiliate publication, Washington Technology. "

[rambutan2] 28/1/2007 21:32

spooky, thanks for that - the yanks might be surprised, but im sure we aren't. was there much detail in the note, and did it help prompt your friend's 100k buy?

stanford certainly have some big clients and it's hard to imagine that there won't be some extra interest created in igp if there was more than just a passing comment on them. was it noted that igp are listed in london?

[wjccghcc] 28/1/2007 20:19

topvest, given that they're involved in 24 out of the 25 agencies who have announced their HSPD-12 contracts (excluding the GSA constract which is being rebid), I think you could say that :-)

[domestos] 28/1/2007 20:02

Equity Analyst Bios

Jeremy Grant

Industry Sector: Identity Solutions

SVP, Identity Solutions Analyst, 202-295-8919

Mr. Grant covers the biometrics, ID management and RFID industries analyzing the current and future market for the emerging ID management industry. Mr. Grant has a decade of experience in the biometrics and ID management business, both in industry and government. Prior to joining Stanford, Mr. Grant was Vice President in the Intelligent Technologies Division of Maximus, Inc., where he led the division's Security and Identity Management practice. In this position, he played a major role in a number of the federal government's largest identity management programs. Mr. Grant has a B.S from the University of Michigan, Ann Arbor and has done graduate work at George Washington University in Washington, D.C.


[e-mail]

[topvest] 28/1/2007 19:16

An interesting comment. Tends to indicate that Intercede have done very well so far in the HSPD-12 programme.

[spooky] 28/1/2007 17:16

"Intercede has been the big surprise of the most recent wave of HSPD-12 procurements by beating the once dominant Actividentity on a number of major smart card management system buys"

Stanford Group research note,Jan 16,2007.
Jeremy Grant Identity Solutions Analyst.

[igoe104] 26/1/2007 12:56

1ST stage of the national id card, not to long away.

[spooky] 26/1/2007 11:33

For what it's worth i believe there are another 100,000 on offer.

[spooky] 26/1/2007 08:56

Sorry APHRODITES someone associated with me bought the 100,000 at 61.25p,hopefully more will turn up soon.

[rambutan2] 26/1/2007 01:34

igp do an identrust module - note the rbs story...

[igoe104] 25/1/2007 19:42

ALOT OF shares have been traded, for which is really a nothing day, something happening.


16:29:02 60.35p 175,000 £105,612 T


lets hope its nobody important, thats selling.

as far as i can remember a sales of 3% of the company size, will warrant an rns.

has any-one got a major shareholders list.

[aphrodites] 25/1/2007 16:24

Klienworts obviously has the seller.

His spread is only 3p at 59-62p

While Winterflood is operating on a 5p spread at 61-66p.

It looks like Winterflood is trying very hard to push buyers into taking out KBC's stock.

This has the feel that we about to see a lot more action.

[rambutan2] 25/1/2007 14:59

remember, some of the origninal backers have some wrts, so could sell a few shares into mkt and still keep a similar % stake once exercise the wrts.

[igoe104] 25/1/2007 14:44

I think the 60p mark was always going to be a consolidation area, with it been the shares issue price.

long term holders been in the red for years, happy to get their money back etc.

so it looks like their is another big buyer out their as well as you aphorodites. it would be interesting to find out who the seller is, because if its one single seller, he must of sold 250,000 shares now.

hope its not any of these guys, cashing in.

San Mackenzie Enterprises 1,207,845
Mario Houthooft 423,974

ps - normally you can tell if a seller has been completely taken out if his trade, has a odd amount of shares on the end, of his trade.

[aphrodites] 25/1/2007 14:21

igoe

Not guilty me Lord.

A MM called my broker this morning asking him if his client was interested to buy more stock. We told him we would buy 100k at60p.

He never came back!

Then the 100k goes through at 61.25p!

My guess is the MM was trying to find out what the demand is for the stock before he took the seller out.

Interesting when the price was at 70p you could not buy stock for love or money. Now we are seeing stock traded at a 2p spread and in the thousands!

The most important thing is stock is being bought. The demand is there and when the price hits £1 there will be even more demand.

[igoe104] 25/1/2007 12:58

Worth a read.


RSA SECURITY offers the complete spectrum of defence of IDs and protection against online fraud, from non-intrusive, background transaction monitoring and risk analysis (for low-risk, low-value transactions), through user input of unique passcode identifiers (hardware tokens, for example, allow people to prove that they are the owner of the data asset being accessed whilst online) to certification and large PKI systems (usually for corporate, high value transactions), as well as an anti-phishing and anti-pharming service



ps is that you buying again, aphrodites.