Intercede Share Discussion Threads

[glasshalfull] 11/11/2009 08:17

The RNSNON appears to have had the desired effect.
Bullish tone of the statement hadn't escaped me either.

Regards,
GHF

[interceptor2] 11/11/2009 07:50

Since the positive trading update on 7th October, momentum continues to grow, with contract news on 12th and 26th October and now today.

[fft] 11/11/2009 07:25

Nice contract win this morning.

from the tone of the RNS, which is always interesting, it seems that they are very confident of more contract wins in the near future.

[igoe104] 04/11/2009 15:14

I see gemalto are involved in the kuwait id program as well.



Lets hope we get involved in the saudi arabia id project which they (gemalto )are involved in.

Verisign operates digital infrastructure that enables and protects billions of interactions every day across the world's voice and data networks. (Gemalto partners with Verisign) to provide strong authentication solutions both for the enterprise and the consumer market. In particular, Gemalto Network Identity Manager (NIM) supports the VeriSign Identity Protection (VIP) Network, so consumers can use Gemalto's secure USB authentication token with any organization in this shared authentication network that includes many of the world's leading online businesses.

[igoe104] 04/11/2009 12:04

Everything points igp favour, we should get get some compensation out of this. results out next month. so a settled court case and good results should see this move past 50p and upwards.

[julianc35] 04/11/2009 11:16

Very frustrated that we are not moving ahead probably to do with the court case. I found this below which should presumably strengthen IGP counter claim. Anyone heard anything else or timescales for the ruling?


Failure to Disclose Patent to Standard Setting Organization Can Be Monopolization
In Actividentity Corp. v. Intercede Group PLC et al., Northern District of California Judge Vaugh R. Walker has refused to dismiss smart card maker Intercede Ltd.'s allegations that rival Actividentity Corp. monopolized the relevant market by failing to disclose to a standards-setting organization a patent covering technology for remotely updating the devices. The court held that Intercede sufficiently pled its antitrust claims, by alleging that 1) Actividentity created a monopoly by failing to disclose a patent to GlobalPlatform Inc., which created a "patent holdup," whereby GlobalPlatform unknowingly set standards that incorporated Actividentity's patented technology; and 2) such control of a patent has the ability to achieve monopoly power and either exclude competition or extract unwarranted monopoly profits from all competitors in the industry in violation of Section 2 of the Sherman Act.


This entry was posted on October 15, 2009 at 11:44 am

[glasshalfull] 01/11/2009 23:14

Yet again many thanks for flagging igoe.

Total contracts mentioned total $170m and it is the first with contract worth $142m that mentions security and ID....and I hope involves IGP in some capacity.

Grabbed a few more on Friday. With business booming operational gearing will (hopefully) have a significant effect in the next few years.
Only need Acrividentity issue concluded satisfactorily and these could really fly.

Regards,
GHF

[iicb] 28/10/2009 23:14

igoe, thanks for that post..... a nice read.

iiCB

[igoe104] 28/10/2009 20:43

Abit of press which was reported early-on in the month, nothing new but worth a look.



ps looking at the picture of mr parris hes looking well for his years, (not one line on his forehead) it looks like botox has been in action In his free time. LOL

[glasshalfull] 27/10/2009 18:43

Yep, was an excellent RNS and igoe's digging which suggests IGP may be involved in Iraq ID card scheme via Thales also provides significant optimism.

I don't think we can expect fireworks until resolution of the Actividentity issue.
However, they are clearly going great guns as evidenced by the 40% increase in 1st half revenues and recent announcements, and even given the dilutive effect of the loan note conversion, I think they will significantly beat 3.3p EPS

I also thought there would be a tick up yesterday so kept my powder dry but couldn't resist a further tranche prior to the close.
Believe this has all the hallmarks of a long term winner...if the company doesn't get snapped up too early.

Regards,
GHF

[rivaldo] 27/10/2009 07:48

Great RNS yesterday. This is a sleep soundly share - no need to worry or post too often, at some stage it'll be recognised.

I posted some time ago that I thought the share price might flatline as it had reached around 43p-44p and was on quite a high P/E, despite its other qualities, and flukily I was right! I still feel it might drift for a while given that high P/E (latest forecast still 3.3p EPS from FinnCap), especially given poor overall stock markets, but IGP are progressing closer to a tipping point where the cash pile, high recurring income, increasing blue chip client list etc might cause a rethink.

Interesting to see what happens.

[iicb] 26/10/2009 21:34

Perhaps the upcoming results will make this move shortly.... but the legal overhang always tends to destroy the price in my mind. That needs to be cleared.

Regards,
iiCB

[aphrodites] 26/10/2009 11:56

julian

As I have posted before, there is so little stock around; or stock around at this price, that it is very difficult for the company's broker to get any institutions involved. They will be just chasing one another's backsides around.

I have rattled on about a possible takeover but of course if the share price does not reflect the Board's view on the true value of the company then they might consider a management buy-out.

I do agree with you, one would have thought today's anouncement would have seen at least a small movement in the share price. Most frustrating.

[julianc35] 26/10/2009 09:16

The price is never going to move without the company's broker getting institutions involved. News like this doesn't even generate one trade!

[igoe104] 26/10/2009 08:45

Just makes you wonder if all the worlds banks will evenually sign up.


Additionally, a European bank has selected MyID 8 Enterprise SR1 to manage the
deployment of their employee ID card. The bank required support for both
Microsoft Windows Vista clients as well as Microsoft Windows 2008 Server making
MyID 8 Enterprise SR1 the perfect choice for this customer.

[wjccghcc] 26/10/2009 08:39

I remember the "good ol' days" when we'd only get 2 contracts a year. Now, 3 contracts get bundled together into a RNSnon. How times have changed :-)

[igoe104] 26/10/2009 08:36

Latest news.

[wjccghcc] 25/10/2009 16:36

No, but Thales has been contracted for the first (database) stage which puts them in a strong position to be involved in the rollout. IGP provide the IDMS for Thales, Verisign, Lockheed Martin, RSA and Safenet among others.

[archa] 25/10/2009 15:48

Do we actually KNOW if IGP have a contract for any part of the total projected spend of $300 million?

[igoe104] 25/10/2009 10:55

Yes wjcchcc, it looks like it could be very rewarding for igp being involved in the iraq id card project. its a $300 million with 30 million iraqs involved. the exciting thing is im hearing there going to lots more up-coming id card projects in middle-east and worldwide. i feel this 20 million cap company will be worth a-hell of alot more in the coming years.

iraq announced the identity card system in July, with the intention for the scheme, which is expected to cost 300 million dollars in total, to be operational in about two years.

[billbyrne] 21/10/2009 21:59

Sorry off topic.

Igoe104, WJCCGHCC. I would like to ask your opinion,s on SNS, reminds me a
little of IGP going back a bit. Recent contract renewal with US Army and today
GSA upgrade to the new version of their e-signiture software.

Hope you don,t mind, any comments of course over on their BB.

Sorry for off topic again.

[wjccghcc] 21/10/2009 11:05

Nice spot. Early days but could be a very significant contract if it proceeds to rollout.

[igoe104] 21/10/2009 10:24

Partner thales wins iraq id card (first stage) hopefully more good news for igp on the way.

[aphrodites] 13/10/2009 17:53

I have been critical from the start about the placement made with Hargrave.

If they are the sellers and are suppressing the share price then I trust the F.D. is alive to the situation and takes the matter up with the company broker.

The company broker needs to address the situation anyway and try and take out the seller ASAP.