Intercede Share Discussion Threads

[igoe104] 25/11/2009 16:21

Cant blame anyone from wanting to top up. i only see this company getting bigger and bigger, igp technology is becoming more global and there is going to more of a need for it over the coming years, with the continued worldwide threat of terrorism.

[aphrodites] 25/11/2009 14:39

Someone is trying to buy stock.

I have just been approached to sell 50k at 50p!

[outsider] 25/11/2009 13:42

some demand at last

[pyman] 25/11/2009 11:49

glasshalfull- yo uare right. Their results are poor however they have deep pockets($75million in cash) and managment are mostly new in late 2008. I would not want to be a shareholder there iether. Sadly they have the money to fight court cases all day long...

[glasshalfull] 24/11/2009 17:55

Thought you may find the following interesting....Actividentity's Q4 results & y-o-y comparisons which were released last week.



2009 Revenues $14.5m (Q4) and $62.3m (2009 full year)

2008 Revenues $15.6m (Q4) and $59m (2008 full year)

They headline their result announcement with,

"Revenue for the Full Fiscal Year 2009 Increased by 6% to $62.3 Million over Prior Fiscal Year"

but I far prefer,

"7% fall in revenue in comparison to Q4 2008"

Let's look at profitability.

Sorry, not profitable. Net loss achieved of $0.3m in Q4 2009 or operating loss of $1.3m. Take your pick.

So, on the surface it certainly appears to me that they are engaged in spoiling tactics to mask an unprofitable business. Revenue can be lumpy but the fall in Q4 sales and indeed only a marginal increase in full year revenues tells me all I need to know.

Regards,
GHF

[spooky] 24/11/2009 14:46

Not a lot of stock around,very difficult to pick up even a small number of shares.

[igoe104] 24/11/2009 12:58

Thales involved with more ID work, in france.

Thales's technological excellence and expertise in biometric systems, already illustrated by the contract we won in 2008 to provide the UK with our CWIC (Critical Workers Identity Card) system for the country's identity card scheme."

Thales's seamless knowledge of the whole biometric processing chain, from enrolment devices to central identification workflow, ensures that the central databases and all data processing operations meet the highest quality standards.




ps Looking at the court case its a matter of getting our fees back, cant see us losing it. as far as im aware.


actividenity vs igp that will be chucked out of court.

igp vs activi we are winning( i think) 5 out of the 7 motions, unless their lawyers come back with some strong information, igp should pick up some compo.

the problem then is activi will put out its appeals etc, so expect it to drag on longer.

bUT the odds are stacked against actvi, having any positive feedback from the courts.

[wjccghcc] 24/11/2009 10:25

Awilson, usually about 3 years though most get settled before that.

[pyman] 24/11/2009 10:21

BIfurcation: no idea, other than to make more in fees by taking longer.Cynical view of a lawyers modus operandi.

[awilson] 24/11/2009 09:37

Does anyone know how long these cases normally take?
IGP's half-timer was on Dec 9 last year and this time it may be delayed until judgement is given. The results will be good but any substantial share price movement obviously depends upon the legal outcome.

[smartmoney100] 23/11/2009 14:56

Both look to have top teams. Any thoughts on why Active' want to Bifurcate (split into two) the case? Maybe wishful thinking on my part, but could it be, they're not very confident of winning in one?

[pyman] 23/11/2009 14:24

google the lawyers on the case - Julie Holloway for IGP and tyler Baker for them. They have a very experienced and expensive lawyer fighting for them! He started out in Northern California district court as clerk to Justice renfrew. I hope he has an 'off' day!

[trigger45] 23/11/2009 08:01

Just seen this elsewhere. Have no idea if it helps or not.

[aphrodites] 22/11/2009 23:00

rambutan

I read the same article and had very similar thoughts to your own.

The para which said "We are one of the most open economies in Europe in the way that we let ideas flow in," said Green. But our research very clearly shows the UK is not particularly well organised at bringing really good ideas to fruition."

"BRINGING TO FRUITION" covers a multitude of sins. I always feel one of the problems we have in the U.K. is that too many institutions these days are short termist! Performance is rewarded by bonuses which get bigger with the better the performance. Hence many Fund Managers, not all, tend to churn investments when they see a good profit. They are not in it for the long term. And risk capital in the U.K. is very expensive and even harder to get hold of. Is that what they mean by "the U.K. is not particularly well organised"?

If IGP are successful in their Court Case and the share price does not respond if I was the C.E. I would be looking to organise a Management Buy-Out! But I wonder where would they find the risk capital?????!!!! Or would a new owner be better?

[rambutan2] 22/11/2009 20:45

just a general piece but as i read it i couldn't help thinking of IGP - it's history, its management, what's been achieved, how long i've had money tied up in it, and what sort of outcome i would now like...

[smartmoney100] 20/11/2009 11:49

I see we're in court again 10th Dec.



1. Intercede's Motion to Compel Discovery
2. ActivIdentity's Motion to Bifurcate

[igoe104] 15/11/2009 10:39

Details on the indian national id card cards coming soon, 2 months.



if igp are involved in some sort of way (via partners verisign thales etc),the shares will rocket because we are talking 1.2 billion folks.

[igoe104] 13/11/2009 09:54

This is another middle-east id card project that i expect igp to be involved in via one of there partners.

[igoe104] 11/11/2009 20:21

I must admit before this morning thinking that novell was a worldwide hotel group. (you learn something new every day)

this looks like it could be a interesting partership, novell are mainly involved mainly on the pc side of things mircosoft etc, it could be another market for igp to enter.

[rambutan2] 11/11/2009 16:31

I think this is IGP's first association with Novell (?) who are one of the giants...

Novell just released Novell SecureLogin 7 in September 2009. The latest version of its enterprise single sign-on solution drastically reduces the time required to SSO-enable applications in an organization from weeks to
days--allowing customers immediate advantages from improved productivity and operational efficiency...

[glasshalfull] 11/11/2009 10:35

Hoodless Brennan's comment on today's news.

Intercede Group (IGP, 47p, £22.64m) A petrochemical (company) has adopted Intercede's MyID for employee identity cards. We maintain our 56p price target with a BUY recommendation, last iterated at 44.5p on 12/10/09

Regards,
GHF



EDIT - Worth well in excess of 56p IMHO.

[wjccghcc] 11/11/2009 09:39

Ah rivaldo, I have my moments of quiet optimism :-)

The other thing to remember is management are very tight on costs (see Alice's AGM report). Unless a contract is at least 10% of revenues in one year (unlikely for most contracts since the revenues tend to be spread over several years), they're going to always do an RNSNON because it's a lot cheaper.

[interceptor2] 11/11/2009 09:33

Chart looking good with a break out this morning and highest price for two years. I also believe IGP will exceed forecast for the full year, I worked out that PBIT should come in at least £1.75m giving EPS 4.7p

[rivaldo] 11/11/2009 09:31

Today's RNS is excellent, but remember it's only an RNSNON so not material in itself. The price reaction today is due to IGP's illiquidity - and to no-one wanting to sell (quite rightly imo!).

The RNS does bode well for more news, so perhaps the next one won't be an RNSNON.

WJ, I don't think I've ever seen you so exuberant about a stock! A P/E of 18-20...let's hope so.

[arthurly] 11/11/2009 08:32

Back to breakeven now (having bought at the wrong time). Hopefully a lot higher in the next year, especially if the court case is settled OK.