Intercede Share Discussion Threads

[rambutan2] 30/8/2010 22:27

iiCB, I'd suggest you either chill out or sell out.

I'd imagine that Ms Potts, with her long experience of small AIM quoted software stocks, will be doing the former. However, she will not be in any doubt that it could all go pear shaped...

[iicb] 30/8/2010 21:16

Do the staff (non-senior management) know something and are offloading their shares? Is the business in trouble I wonder? Is it a big shareholder trying to get out due to continued poor share price performance and no news?

Must admit, this share is nothing by a long term loss maker for me really, maybe it's time to jump ship and bandage my wounds.

As I said one before to various criticism, what exactly are you getting for investing in IGP??? Even a bank paying 0.1% is now providing a better return that this business to it's shareholders.

iiCB

[iicb] 30/8/2010 21:13

Anyone written or in the process of writing to Parris yet? I think some answers are required, in my opinion he is not delivering to the shareholders whatsoever currently, and he has a duty too.

Wonder how upset Katie Potts is now with her purchase? She's down 25%, as are some of us I suspect.

Crazy times...

iiCB

[outsider] 27/8/2010 08:40

no news, but then summer months are not a good time for news.....hopefully more newsflow from September onwards.

Things are going well upto June when the results showed:

- Increased investment in international sales and technical capabilities to support growing demand for and use of Intercede's proprietary MyID Identity and Credential Management System.



- National ID schemes powered by MyID go live in two countries.



- Continued expansion of Intercede's customer base in the US.



- Winning new contracts to supply MyID to government ministries, banks and business corporations around the world.



- Intercede overtakes competitors to be No1 in class as measured by the number of contract wins announced during the period.





Richard Parris, Chairman & Chief Executive of Intercede, said today:



"Intercede continues to prove that it is a world leader in identity and credential management. This is a market that is growing each year and we are right at its heart.






ot so sure it's as it's as bleak as some are hinting......just the quiet summer months and poor markets = slippage.

[daz] 26/8/2010 14:07

Yes, all shareholders can't fail to be disappointed with what's happened to the share price this year, the silver lining is that it will let me add to my holding at a reasonable price.

The other disappointment is that part of the rationale for settling with Actividentity was that it would make it easier to do business with potential customers - well there's not much sign of that.

[igoe104] 26/8/2010 13:41

The guy who runs igp web-site has the easiest job in the world, i think one thing been posted in the last 6 months. with-out any news this will be keep going down and down.

The last 6 months has been a very disappointing period for share-holders no new contracts annouced and very little news. so its no surprise the share-price has dropped 50%.


Im very disappointed with intercede 2010 progess regarding new pipelines.

[yump] 26/8/2010 11:45

We could be nearing the point in the summer of maximum p....d offness, in terms of share price / news etc.

It petered out down to 20p in '08 for no real reason other than lack of news and that was before the full extent of the recession / election etc was known.

No news is just no news as far as I'm concerned.

[daz] 26/8/2010 11:26

With the shares at this level I think they could start using the companies cash pile to buy back shares to enhance EPS, it might help the companies negotiating position should an offer be made.
I'm making the assumption that they are/soon will be in a position where they have more cash than what they need for working capital.

[fft] 26/8/2010 10:41

ok. found the info in the annual report. 24th september.

would be nice to see the directors with smaller shareholding top up a bit. Seems to be a lack of confidence since the patent settlement.

[daz] 26/8/2010 10:34

fft - It's in the finals - 11.00 am on Friday 24 September 2010 at Lutterworth Hall, St. Mary's Road, Lutterworth, Leicestershire, LE17 4PS

[igoe104] 26/8/2010 09:28

The company seems to have lost it mojo.
31p is a shocking share price, no news is bad news in the share world.
all year the share price has gone backwards.

[fft] 26/8/2010 06:48

when is/was the AGM ? had a look on the website but investor relations is a bit thin on anything. thanks

[rambutan2] 19/8/2010 14:16

HHV ims...
It proved to be a difficult period for our investments and we registered a net
unrealised loss of £0.7m in our qualifying portfolio. The loss of value was
fairly broad based across the qualifying investments although Animalcare,
Intercede and Pressure Technologies accounted for about half of the amount.
Animalcare remains fundamentally sound and has subsequently reported that
profits for the year to 30 June 2010 will be slightly ahead of expectations.
Intercede failed to meet its expectations for 20% revenue growth in the year to
31 March 2010 but remains comfortably profitable and well financed. Pressure
Technology continues to trade in line with expectations for the current year but
weakness in its forward order book has introduced some risk to next year's
trading. It is also well financed. Good news was a little thin but the fund
received a boost from the cash offer for Innovision, which more than doubled the
value of the holding over the period. Other strong performers included Cohort
and Egdon Resources.

[igoe104] 15/8/2010 23:59

IT is frustrating, but ive seen how these small cap companies change quickly.
ive had shares that have gone up 2000% over a two year period after doing nothing for 3 to 4 years. im always in a position where i dont need the money so i can see out the boring years until i get my pot of gold. i believe ill get 200k-500k profit at-least out of this share.

but when who knows ?

[carly2] 14/8/2010 10:32

Thanks igoe for some very positive positives! It can be really frustrating waiting for news - but as you say, there's alot of good out there for igp. Well done igoe for keeping up so well on igp.
All the best.

[igoe104] 13/8/2010 13:35

Also we should do well out avaition security over the next couple of years especially in the usa. you will probably see all airport staff being badged (just like twic)

[igoe104] 13/8/2010 10:55

According to my figures we should be in for a record year,alot of the projects we have won over the last year or so kicked off at the start of the year. european health card project, kuwait id card project,australian police, plus looking at the last statement (frac project) we can include as well. so figures should look good and we should see a big jump in the share price accordingly.

I reckon at-least 40% of the companies market-cap, will be in cash in the bank. by the end of the fy.

How many companies can say that this day an age. ?

[iicb] 12/8/2010 18:58

Judging by the lack of IGP announced deals of late, I wonder if they too are suffering the same thing....

iiCB

[glasshalfull] 09/8/2010 06:28

Agree iiCB, pretty dreadful.
Revenues down on Q3 2009 and also quarter on quarter; operatin loss of $1.9m

ACTI shareprice down c. 40% since end of April. Ouch !

Snippet below (please ignore igoe ;-)



"...reported revenue for the quarter ended June 30, 2010, of $13.6 million, compared to $15.4 million for the quarter ended June 30, 2009, and $14.2 mill ion for the quarter ended March 31, 2010.

ActivIdentity's net loss for the quarter ended June 30, 2010, was ($0.2) million, or ($0.00) per basic and diluted share, compared to net income of $2.1 million, or $0.05 per basic and diluted share for the three months ended June 30, 2009. Net loss for the quarter ended June 30, 2010, was negatively impacted by $0.5 million in net foreign exchange losses and positively impacted by $1.8 million in gains from the sale of auction rate securities.

ActivIdentity's operating loss was ($1.9) million for the quarter ended June 30, 2010 compared to an operating loss of ($1.1) million for the quarter ended June 30, 2009, and ($3.0) million for the quarter ended March 31, 2010. Adjusted EBITDA was $0.8 million for the quarter ended June 30, 2010, a decrease of $0.1 million compared to the quarter ended June 30, 2009, and an increase of $ 1.8 million compared to the quarter ended March 31, 2010. Adjusted EBITDA is a Non-GAAP measure and is defined as Operating Income (Loss) adjusted for non-recurring and non-cash items such as stock-based compensation expense, depreciation, amortization of intangibles, severance and asset imp airments.

"Our quarterly revenues have been impacted by the economic climate and continued delays in the IT procurement cycle," said Grant Evans, chief executive officer and chairman of ActivIdentity. "Our cost structure reflects our lower level of activity and should position us for further financial leverage when the general economic climate becomes more accommodating."


Regards,
GHF

[iicb] 08/8/2010 23:57

They weren't very good anyway by the looks of it. Hopefully you're adventures turned out better...

[igoe104] 06/8/2010 05:12

More interested in seeing derbyshire cricket club get a result tomorrow and me getting a result with the wife later today.

couldnt care less about acti.

[iicb] 05/8/2010 19:53

Anyone interested in the ACTI 3rd qtr results due out a 5pm EDT?

[iicb] 02/8/2010 13:43

IGP don't value their website much - they have Current Events on the news page for an event on 27th Oct 2009. (

Not very impressive to be showing out of date items as current events.

iiCB

[iicb] 02/8/2010 13:28

Surely IGP would have announced something if they are involved wouldn't they? They normally do..... I see Daon is IGP's partner for biometrics etc, it would be fantastic if IGP were involved, but lack of announcement concerns a little.

Also, I can't find any reference to IGP on Daon's website, but can find other companies.

Regards,
iiCB

[igoe104] 31/7/2010 16:24

daon, igp partner involved in the biggest id project in the world the indian id card.

Lets hope we are involved as well, a 1.2 billion people project would give the share price a massive lift.




Heres the partnership details.