Share Name Share Symbol Market Type Share ISIN Share Description
Intercede Group Plc LSE:IGP London Ordinary Share GB0003287249 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 80.00 23,958 08:00:00
Bid Price Offer Price High Price Low Price Open Price
78.00 82.00 80.00 80.00 80.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 10.36 0.57 2.00 40.0 40
Last Trade Time Trade Type Trade Size Trade Price Currency
15:02:18 O 11,000 81.60 GBX

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Date Time Title Posts
20/8/202011:14Intercede - global leader in identity management4,003
03/3/201908:21Intercede - overlooked SMART CARD & DIGITAL ID micro cap1,090
19/8/200923:23Intercede, 100% losses on this hyped up tech stock36
04/8/200823:04My next tip of the year10

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Intercede Daily Update: Intercede Group Plc is listed in the Software & Computer Services sector of the London Stock Exchange with ticker IGP. The last closing price for Intercede was 80p.
Intercede Group Plc has a 4 week average price of 79p and a 12 week average price of 66.50p.
The 1 year high share price is 88.50p while the 1 year low share price is currently 27.50p.
There are currently 50,482,281 shares in issue and the average daily traded volume is 12,471 shares. The market capitalisation of Intercede Group Plc is £40,385,824.80.
somerset lad: Bullish to see fairly large director buys into a strengthening share price. Suggests to me that sales of the "out of the box" product through partners are progressing nicely.
the big fella: A solid set of results and an excellent turnaround. I really liked the focus demonstrated in the outlook statement. However at £20 mkt cap they need to be generating 1.5 net profit to justify it. I reckon they could perhaps do that this year or better but I feel the share price is up with events. The chart looks bullish though and it would surprise me to see these at 60p before the summer is out. I have held in the past but should have bought in the low 20's as the easy money has now been made.
omiceanmen: The lowest share price in 10 years and still falling. No one at IGP seems to know how to run a public company. Let's hope they pull year end numbers out of the bag.
red army: Been buying and adding today but share price is moving up on low volumes.Potential is what it is all about as opposed to today's fundamentals.
she-ra: Fair enough Paul I thought the conversion price was much lower; my mistake. However as for the cash in the bank Intercede have munched through a hell of a lot of cash which you are aware of and haven't made a profit for some time and when they did it didn't justify the share price. They were priced on jam tomorrow and it never came. So its a risky investment but if they keep getting new contracts things could change. But its a gamble so I'll pass. Good luck with your long term investment.
paulypilot: she-ra - you're talking ill-informed nonsense. Perhaps if you had actually read my piece on Intercede on Stockop... which was posted at the request of some readers, then you would be able to answer you own questions. Yes, I did explain about the convertible loans, as follows; Convertible loan notes - this is a bit of a nuisance. The company has c.£5m convertible loan notes in issue, which carry interest at 8%, so costly, at c.£400k p.a.. Interest is payable quarterly, so £100k per quarter cash outflow. The conversion price is 68.8125p, which is well above the current share price of 28.3p, so dilution on conversion doesn't look a problem. Final redemption date is 29 Dec 2021 - so not a problem for the time-being - the company has 3 years to come up with the money to redeem these loan notes (if they're not converted beforehand), and actually it currently has roughly that amount of cash on hand anyway. So this doesn't look like a problem to me - unless trading deteriorates, when it would become a problem. The dilution if all these loan notes convert, at 68.8125p, would be about 7.27m new shares issued (and all debt eliminated). There are 50.5m existing shares, so that's 14.4% potential dilution - which is clearly not "massive dilution" at all, as you falsely described it. It's actually quite modest potential dilution, at a favourable (for existing shareholders) price, of about double the current share price. So not a problem at all, is it? Secondly, nothing in my blog posts are recommendations. The readers know this, as it's been emphasised by me for 6 years, repeatedly. There's nothing I can do if a few readers decide they want to rush out and buy things I like without doing their own research. Buying into a short term price spike is usually a bad idea, but we're all adults, so people have to make their own decisions & take responsibility for them. I have never, and will never, sell into any spike - I'm a long-term holder looking for multibaggers mainly, not a short term trader. Plus my position sizes are too large to trade in & out of anyway. I'm a small caps specialist, so of course I mainly write about small caps. Hardly a revelation there, is it? My positions are all long-term, so the short term price movements don't interest me. As stated in my article, my position in Intercede is intended to be held for 1-2 years, depending on newsflow. Intercede has been a serial disappointer in the past (as pointed out in my article), so this is speculative. The upside hinges on new CEO generating increased sales momentum, which may or may not work, we'll have to wait and see. Perhaps, rather than pouring out personal bile as your go-to response, you should have (a) actually read my article before falsely slagging it off, and (b) concentrate on the facts & figures, rather than ad hominem attacks. Your post reminded me why I rarely visit this particular backwater of the internet - it's mainly populated with unpleasant people, posting ill-informed rubbish, and hating on each other. I see a couple of other trolls have commented, but I've previously blocked them, so have no idea what rubbish they've spewed out, who cares! Paul Scott.
daz: I don't think they're beyond hope but there is certainly a significant amount of risk. On the plus side: They've cut costs - run rate is 20% lower than this time last year Support & Maintenance revenue, which is very reliable, as contracts are spread over a number of years has been building steadily to the current £4.4m and will hopefully be around £5m in the current year Revenues are forecast to rise this year but that will be dependant on the timing of some large contracts. The need to make things more secure is certainly there and their market ought to grow On the not so good side It's not clear whether they have sufficient cash to see them through to profitability but with costs being cut and with the company saying they have £4.7m as of April, it doesn't seem like they will need much extra. The convertible load notes are well out of the money at the moment and there is a risk that they will be redeemed in cash if the share price doesn't get past the 68.8p conversion price, cash, which the company doesn't have. Adoption of their technology has been slow, they have a good niche in defence but getting the technology accepted into other industries has been hard. Contracts are very lumpy
hybrasil: Well they were not very right about the £1.20!! I think the problem here is the md He might be a good boffin but I dont think he has a corporate clue Their share buy back program of a few years ago has to be one of the stupidest ever The co now is up to its neck with this convertible loan Despite all this I like the space and am a buyer if the share price falls back to 20/25p
julianc35: The institution must be very impressed by the reaction of the share price to their investment! Must be due an operational update soon which given the drop off in the price doesn't look promising.
nibble: Agree TBF - I'm guessing that the Directors are taking advantage of a share price which has been temporarily forced down by a few market sells, and transfer "off market" from treasury to themselves at an advantageous price. Anyway, I'm happy to take a longer term view and stay in with the Directors. Note that they had 252355 out of treasury, leaving only 41645. A vote of confidence, I'd say.
Intercede share price data is direct from the London Stock Exchange
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