Intercede Share Discussion Threads

[237gmoney] 22/10/2008 09:06

Topvest, This isn't news to us....I thank Mr.Parris for trying to be positive and keeping things positive in the press regarding IGP but as I keep posting the TWIC stats now and again, we have known IGP were on the TWIC program all along so I'm not sure why they released this statement....what does it tell us?

Why doesnt Mr. Parris let us know about projects we havent heard about yet such as the UKID card if their involved, the RSA 3 yr contract which expired in September I believe.....

Anyway keep the positive news coming Mr Parris.

[topvest] 22/10/2008 07:57

Excellent news again.

[tanners3] 22/10/2008 07:37

The first of many.

[boadicea] 21/10/2008 15:38

t3 - Re: 'Safe Harbor' - Looks like a more or less standard disclaimer which all companies operating in US normally attach to anything containing any sort of forecast.

[tanners3] 21/10/2008 15:10

What does 'lol' mean anyway? .. I think it is a dyslexic way of saying 'yeh but- no but' whateverrr.

[tanners3] 21/10/2008 15:07

lol. credit crunched ? Did not know of the cryptonite allaying powers of single malt, I presume?

[tanners] 21/10/2008 14:48

tanners3 - 21 Oct'08 - 14:16 - 753 of 753

So what happened to tanners2 then?!

[tanners3] 21/10/2008 14:16

ACTIVE ID.
Between the lines please. Desperation detected?
Safe Harbor Statement

The statements in this press release that are not historical facts
are forward-looking statements that involve risks and uncertainties.
These risks and uncertainties include risks relating to our history
of losses and need for revenue growth and cost containment, the
integration of acquired business and technologies, the variability of
our quarterly results, and other risks identified under the caption
"Risk Factors" in our most recent Annual Report on Form 10-K, and in
subsequent Quarterly Reports on Form 10-Q, which are filed with the
United States Securities and Exchange Commission (SEC). There can be
no assurance that we will achieve targeted levels of revenues for
fiscal 2008 or that our strategic initiatives will result in the
anticipated benefits. Copies of our SEC filings, which have more
information about these and other risks, are available from the
Company and on the SEC's Website at www.sec.gov. Actual results,
events and performance may differ materially from our forward-looking
statements. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date
hereof. The Company disclaims any intention to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.

[tanners3] 21/10/2008 14:12

Bit rash that. Id Data have not gone 'bust.'As you put it. Id Data Group are firing on all cylinders, ID Data Ltd, have, in a controlled way, called in administrators, a bit like chapter 11 just to protect themselves, for the time being, and will probably sell the core business, and maybe even CardBase, still, should thank god, IGP are not having to box so frantically. Sentiment is taking over here, IGP's probs with this silly patent claim, is not a big deal at all. And, they at least have capital.

[237gmoney] 20/10/2008 17:52

But IGP got in before AI on this patent - this is a classical example of Bill gates taking over the computer software that Mr. Jobs at apple threw away all them years ago....Just this time IGP havent thrown it away....AI JUST WANT TO STEAL IT.

this world is big enough for both companies but if one spotted the technology 1st they should be allowed to benefit for their effort - thats what patents are for....If IGP have a good case then fight it to the bitter end....

Like WJ said, they will probably go quiet in a few months time and withdraw the class action or settle out of court.....the cash burn at AI is crazy and they company is not making any money....eventually they will go the way of ID Data Ltd who has just gone bust....

We need a white knight to prop this up....

[rambutan2] 20/10/2008 14:09

re our foe...

[boadicea] 20/10/2008 12:43

237 - On your principles, mm's could end up owning a sizeable chunk of the company which is not their job. Their capital investment in any share should only be enough to support a smooth flow between seller and buyer which atm is rather difficult. Price is the only mechanism they have to facilitate this process.
Agreed, they will employ elementary psychological warfare ('shakes' and spikes) to maximise their profits. Alert investor can sometimes take advantage of it.

[k1ng_rob] 20/10/2008 12:22

237, the mm's will keep on dropping it, if they are holding stock, until they find a buyer.

[237gmoney] 20/10/2008 11:57

But the fact that the company is now making profits with sales up 90% yr on yr striping out one off gains shouldnt force the MM's to drop the company off 5% when someone sells 7,500 or £1,275 worth of stock....

[k1ng_rob] 20/10/2008 10:51

IGP is not unique. Loads of small caps in AIM are undervalued by a factor of 3, 4 or even 10.

This issue is going to take months or years to fix not days or weeks.

[boadicea] 20/10/2008 09:31

237 - As I said above, those who hold IGP and are forced to liquidate have little choice. The price then depends on who will buy, but with so many stocks equally depressed there is no pressing reason why they should choose a small 'one-horse' outfit when there are safer (if less exciting) options available. Most investors have had more than enough excitement for a while!
I have no need to sell and while I could conceivably buy more, I don't think now is the time to throw risk control out of the window by going overweight in them.
At ~10p I would have become underweight and could reconsider, if their prospects remained as at present.

[jailbird] 20/10/2008 09:16

237,

maybe someone has had enough and is reducing their exposure to this stock.

i've thought baout it but decided to hang in there.

The AI patent infringement can hang like a cloud of the company.

It need to be nipped in the bud very quickly...then blue skies.

Frpm my last ctc, there does not appear to be any issues any concerns with their partners and existing contracts or even going forward.

But we will get updates once there is any changes on this matter whether one
way or the other.

Legal reasons and regulations nothing could be said further

[237gmoney] 20/10/2008 09:07

Is someone trying to purposely lower this price because what fundamental business reason is there for the recent price drop???? The AI patent excuse doesnt run with me.....something else is going on...

[boadicea] 19/10/2008 20:58

TTB - The dot.com collapse is not relevant to the extent that we are not in a dot.com collapse.
One of the messages then was, why buy a company you can bury? In this case it will be more difficult because you cannot bury the ip, you can only buy it, or else maybe an unfriendly competitor will do so.
Another message was that margined-out holders can only sell what they hold and then only for what they can get, which may not be a sensible valuation of the underlying company.
Perhaps you have a different message in mind, in which case you will have to elucidate.
I judge the situation now to be more akin to that of the mid '70s than 2001, although history never repeats exactly.

The danger of a low price take-out on this share is, fortunatley, mitigated by the large management interest unless the AI situation escalates beyond the company's means. In that case an agreed take-out might follow should a heavyweight Licensee decide to secure unfettered access to the ip to safeguard their own position in the market.

[taurusthebear] 19/10/2008 00:19

Why buy a minsicule software company making miniscule profits in a Bear Market? That applies to the shares as much as the company. Didn´t you guys learn anything from the 2001-3 dotcom collapse?

I´m off before igoe pillories me again. After all, no-one likes a party-pooper, even if they are talking rationally (and even if there is no party to poop!)...

[felix99] 18/10/2008 17:50

agreed but my fear for all those that have hung on instead of selling, me included, is that you will get a load of low ball bids effectively stealing company's off the market and taking the jam off the current shareholders before it comes to fruition and locking us out of the chance of future participation

CFT is the first example - I stuck with it through thick and thin buying more well under £2. Its done everything right , won great contracts, got the aircraft carrier contract work ( altohugh not yet announced but surely in the bag ) and got an order book that will keep them going for years. And what happens in this mkt we get a low ball bid at 209p when it must be worth way over £3 . Sadly the directors want to retire and have agreed 209p instead of persevering on for another year or so to get more. No one else has stepped into the ring to compete in this mkt ( can;t really blame them )

I have no beef with them - they done a great job and good luck to them in their retirement - but this mkt is just wicked. Even though it has been stolen from the shareholders at barely a 10% premium to price at time it even looks a good deal in this mkt to shareholders. Without it and the shares would be about 140p I bet.

Ho hum - back to the bunkers to count me cash. Have to wait another 12 months I reckon before we can start making some good money out of stocks again.

[topvest] 18/10/2008 14:02

Yes, patience required. This is a good company with strong revenue growth and no need for a fundraising. Value will show through eventually.

[k1ng_rob] 18/10/2008 13:34

The management have done a great job feeding good news into the market.

This is one of dozens, maybe hundreds, of insanely undervalued stocks.

It's insane, it's unfair, it's ilogical but there is very little that can be done in the absence of institutions allocating some serious money into AIM stocks which just isn't happening.

[237gmoney] 17/10/2008 18:05

If theres no buyers out there what choice do the MM's have other than to drop the price until they find a buyer....

The likes of Bartronics will love this.....A company which I think should be worth at least £25m is worth less than £8m....

The company have to announce something soon about anything, a contract, the AI patent issue, RSA Contract renewal, something positive to stop the price dropping even further....