Intercede Share Discussion Threads

[igoe104] 12/1/2010 11:21

ps

if i was the company, i would also going down the same route in australia as well. because they are involved in this area as well as us, so if can get another insurance company to take on the case, why not nail actividenitiy to the wall completely from every angle.

as my dad tells me theres never a better time to kick someone when they are down.

[igoe104] 12/1/2010 11:14

Aphro i cant agree with you that one, surely its right for the company to go down that path, because its only a gain situation for them. because a few weak holders have decided to sell a hand-full of shares, it doesnt make the situation a dire one. medium-term the company and shareholders will be smiling.

if i wasnt involved in other investments and getting married this year and having a overseas stag-do to deal with, id be topping up for sure.

but at the moment ive not got any spare funds.

[boadicea] 12/1/2010 11:11

Jailbird - I think you have hit the nail on the head. The issue of the share price and broker advice is virtually irrelevant in that context and the tendency of pi's to concentrate on the short term share price entirely misses the point.
When dealing with legal processes, think in years rather than months especially in USA patent cases. Initiation of action on the Euro patent may speed up resolution of the issue and if the company is finding it impossible to close major deals until that is achieved, then it is a matter of some urgency. It also forces Actividentity into action that is not on its home territory and for which the cost to IPG is known (as it is insured).
I suspect that the share price reaction may in part be due to the (undisclosed) cost of that insurance as well as a dislike of overhanging issues.

[wjccghcc] 12/1/2010 10:04

Quite possibly jailbird. I think the US is more used to these kind of cases.

[aphrodites] 12/1/2010 10:03

yump

As I posted yesterday I think the company has totally underestimated the effect that this litigation would have on its share price. And obviously the court case in the USA must now be turning into a protracted affair otherwise they would not be duplicating the process over here.

With the fall in the share price today, quite clearly my anticipation that yesterday's announcement was part of a combined legal and broker led process was wrong. If the company broker was involved it would have had an institutional buyer ready in the background to snap up any loose stock. I know it is early days but once again it appears that whatever advice they are receiving is not exactly well thought out!!!

And as you rightly say, all it has done is increase doubt! In view of what is going on in the USA you would have at least thought that they would have given some indication as to when they anticipate the case will be resolved over here.

The share price has now fallen 20% since it trading high last autumn which is not good news for the company.

[jailbird] 12/1/2010 10:00

WJ,


that is a good point actually looking at this news at another angle.

However i also wonder whether some customers hv
expressed concerns abt this dispute, and this is the reason they hve also taken this step.

Could it be affecting commital of contracts or intergrations of products/partnerships with this dispute hangover over IGP

[yump] 12/1/2010 09:29

Regardless of whether IGP have a good position or not wrt the legal case, it looks like the effect of this short term unfortunately is simply to increase focus on the legal issues. ie. increase doubt. Some timescales would be handy to know.

[wjccghcc] 11/1/2010 16:08

Actually I think the UK legal action is to put pressure on Actividentity to settle. Whereas in the US, each side pays their own costs so Actividentity can quantify their liability, in the UK they'd have to pay IGP's costs if they lost and that is unquantifiable for them.

Also, if the patent is deemed unenforceable in the UK, that disqualifies it in all the EU and it's bye bye any royalties from other competitors. If they settle, then they can argue the patent still stands for other competitors.

[pyman] 11/1/2010 15:58

stock price falling as another contract announced. Only the NHS - small beer...

[igoe104] 11/1/2010 15:04

actividentity still havent made any sort of annoucement, about the action being taken by intercede. surely they should make there shareholders aware of it.

[boadicea] 11/1/2010 14:41

The fact that IGP can insure their position implies that the odds are well on their side.
However, it will have come with a cost and although they anticipate recovering the insurance cost in the case of a win, I'm not certain how definite that will be.
What seems clear now is that they have no intention of accepting a compromise settlement. It looks like a fight to the death unless Atividentity withdraw - in which case I imagine IGP could sue for damages/defamation or whatever.

IGP have seriously upped the stakes.

[igoe104] 11/1/2010 12:57

YES, i wouldnt like to be activi shoes.
it will be interesting to see how they word it on their web-site, they havent put any comments on their we-site yet.

short term all this court stuff will put investors off, but long-term igp share will benefit from all this action.

What im after, and would expect the board to be strongly after, is a good compensation package for the company.

[egoi] 11/1/2010 09:01

I suspect, from their comments, that they have done it now because of fears that their European customer base might be starting to look elsewhere.

Good luck to them, i hope they can get this cleared up asap, though how long that might be of course is anyone's guess, and then the company can move ahead. I like the overall business here.

[aphrodites] 11/1/2010 08:55

Very good news indeed.

But why has it taken so long for IGP's lawyers to come up with this solution?

Clearly, the Board has been shaken by the share price performance and one must ask, have they underestimated the effect of this litigation?

Quite clearly they have and think they are in a strong position. But they have underestimated the way the stock market, their only major investor and new investors have been looking at this.

If I was the company broker and had found that I was facing a brick wall, as a result of this litigation, in trying to attract new institutional investors on board I would try to find a solution. And this to me looks like a winner.

The next question is if NXT is successful and win the case over here will Actividentities have to pick up the cost of two Court settlements if they also win in the USA?

This has the potential of making a major hole in their financial resources!!!

Will we see some volume buying activity now.

I would certainly not be a seller on this news.

[glasshalfull] 11/1/2010 08:50

Concur with views above.
Intercede must be VERY CONFIDENT on their position.

Regards,
GHF

[boadicea] 11/1/2010 08:03

Highly innovative approach and obviously very confident.
Actividentity's action is clearly signalled as being in the vexatious category.

[interceptor2] 11/1/2010 07:28

Agreed, they are coming out fighting.

With the arragements that the legal firm and insurance firms have agreed too, shows that they were very confident in Intercedes position.

[fft] 11/1/2010 07:09

That is an RNS and a half this morning.

Very aggressive. Should make the opoosition think a bit. London is not a cheap place to defend a case.

Having a no-win, no fee arrangement in place, along with insurance, should make customers realise that this is not a last throw of the dice, but a concerted effort to get rid of the problem once and for all.

[interceptor2] 08/1/2010 16:25

Thanks for the explanation, I didn't know what a Teleponic conference was. I'm sure the share price will react first before we hear the outcome.

[smartmoney100] 08/1/2010 16:24

I think Actividentity had to disclose within 30 days presuming that motion was granted last time.

[igoe104] 08/1/2010 16:20

Teleponic conference as far as im aware is when both parties come in front of a judge and try and come to a agreement or settlement. hopefully the case could be coming to a end, thats is providing both parties come to a agreement.

[arthurly] 08/1/2010 15:57

Mr Zimmerman ?

The times they are a changing.

[smartmoney100] 08/1/2010 15:54

Eh up! Just discovered this :



Telephonic Discovery Conference. In court today!

With a different Judge (just to confuse us). Magistrate Judge Bernard Zimmerman.

[aphrodites] 03/1/2010 15:39

rivaldo

So if my calculations are correct HHV has sold somewhere in the region of 640,000 shares since it invested £700k in the company two and half years ago.

I have posted here on several occasions my dissatisfaction about the manner Peel Hunt dealt with the placement at 33p with HHV back in 2007.

We have all sat here with shares since then and every time the share price rises we see stock being sold. Quite clear where it has been coming from!

HHV still holds somewhere in the region of 1.5m shares.

If the court case is resolved in IGP's favour I wonder if Peel Hunt will be able to persuade new institutions to come on board. If not, do not expect to see the share price move a lot higher as HHV will almost certainly take advantage of any price rise to reduce its holding still further in this illiquid stock.

If I was the C.E. I would seriously be looking to arrange a management buy-out.

Or will someone come along with a reasonable offer?

[felix99] 03/1/2010 14:55

great track record that Hargrave hale trust - look at the losses on the holdings