Intercede Share Discussion Threads

[wjccghcc] 26/10/2010 08:28

It's gone up very fast so will need to consolidate the rise.

Having said that, to make it worthwhile trading out and back in, you'd need the share price to drop 8-10p to compensate for the spread and the risk.

If they hit double digit revenues in 2 years, you're looking at EPS of 9-10p and a share price of 110-120p even on a PE of 12.

And that's without any takeover premium.

[igoe104] 26/10/2010 01:57

The mms have taken this down 3.5p on the back of more buys than sells.

Whats that all about ?

They are probably trying to panic the weak holders into selling.

Vol Sold Vol Bought

23,532. 29,869.

[theblackswan] 25/10/2010 14:16

Tree shake ?

[igoe104] 25/10/2010 08:14

This looks interesting because intercede are already working in queensland with the australian police. plus im sure ive read they have a contract with the australian government as well ?

[jailbird] 25/10/2010 07:31

igoe,

still holding , albeit less than before.

Pleased to see these move higher. Been so poor in performance compared with many in the mkt, i had to sell some to make money elsewhere.

I lost a little patient to be honest...but holding/investing is where the money is made i find.

A bid is a possibility for sure, but Like many here, IGP has a great future, I hope a large bid is only accepted if at all.

Interesting how quickly these have moved up recently.
Something woke it up..lots of good news coming out.

[igoe104] 24/10/2010 12:19

Another project to keep a eye on, especially as airport security has been mentioned in pervious intercede statements.


Biometrics 2010: Automated border controls explained
21 October 2010

Biometrics-driven border controls in the UK are now well advanced, with a trial at London Stansted so successful, that the technology is now being rolled out at Heathrow Airport.
Speaking at the Biometrics 2010 conference in London on Wednesday 20th October, Cyrille Bataller, director of the advanced technology labs with Accenture, said that biometric-driven airport gate technology is still in its infancy, with only around 1000 gates in active use worldwide.

Despite this, he said that trials of the technology at London Stansted have proven that biometric reader gates are very efficient.

"To date, however, many of the world's biometric border gates have involved business travellers, but the long-term aim is to get all travellers using this technology", he said.

This, he explained, is due to the enormous cost efficiencies that automated biometric gates generate for airports.

On the London Stansted trial, which has been running for 12 months, the airport saw half a million people using the system and 77% of users traversing the gates in under ten seconds.

With a manual border gate, Batiller says, an average of 240 passengers can be handled, compared to 360 passengers using an automated biometrics-driven gate.

But with six gates in a bank, he told his audience, it only takes 1.9 people to work on the gates, as most users go through on a self-service basis.

And with 10% of these users requiring manual intervention, that makes biometric-driven border gates 4.74 times more efficient than the manual system.

This, he says, translates to a 90% cost saving for biometrics-driven border gates when compared to people-based border controls.

"If we draw parallels with the rollout of ATMs at banks, I think you're going to see biometrics-driven gates becoming the norm", he said, adding that it is also worth noting that the manual process is less than perfect from a security point of view.

[igoe104] 22/10/2010 15:59

ILL be keeping a eye on this upgraded id project.


National ID Card Fee to Rise Next Year
Published: 21.10.2010 16:35

Starting next year, the fee for obtaining an Estonian national ID card will rise from current 16 euros to approximately 24 euros.

National ID Card Gets Makeover 05.10.2010 10:23
The difference, while seemingly small to outsiders, is likely to further resentment among some citizens and residents, since all are legally obliged to possess a form of ID from the age of 15.

The Ministry of the Interior said that the change was due to the fact that current fees don't cover the cost of the credit-card-sized document, which serves as the main form of legal identification in the country and can be used for travel within the EU.

Separately, from May 20 of next year, EU member states will be required to start issuing a new type of smart card to permanent residents who are citizens of non-EU countries. Serving as residence permits, the cards will contain biometric data, namely an image of the person's face and two fingerprints.

This development will have more impact on residents of Estonia, since about 15 percent fit into this category, while nearly all already possess the basic ID card.

The new residence permit card will cost just over 30 euros.

[igoe104] 22/10/2010 15:05

Security changes coming to Maxwell Air Force Base
Posted: Oct 22, 2010 3:48 AM
Updated: Oct 22, 2010 5:00 AM
Video Gallery

Security changes coming to Maxwell and Gunter AFB
1:08

phoneMONTGOMERY, AL (WSFA) - New security measures are coming to Maxwell and Gunter Air Force Bases. Officials there say they will make it safer for people who live and work on the bases. The changes involve using new technology to quickly determine whether someone coming onto base is a threat.

All I.D. cards will be registered into a new computer system called the Defense Biometric Identification System. That would allow guards at the gates to scan those ids instantly. Security forces are also implementing background checks of every person who regularly comes on base.

"In the future, our new system will be able to draw from that information and we'll be able to check for wants or warrants right here at the gate," said Sgt. Joshua Allen, of Maxwell Air Force Base.

All Department of Defense employees, dependents and retirees will need to register their cards in the new system. Contractors will have to come to the visitor's center to get their new identification cards. The base will begin installing the new system is a few weeks, and will begin implementing the system after the first of the year.

[wjccghcc] 22/10/2010 08:30

The FAA use MyID for the air traffic controllers so that would put IGP in pole position to expand it to the pilots.

[igoe104] 22/10/2010 08:10

Id cards for pilots.

[rambutan2] 21/10/2010 15:34

very nice!

I think that the AI takeout was the final catalyst needed in the IGP graduation to a seriously taken small cap stock.

I know that (somewhat lazy) analysts and fund managers like nothing more than a read over valuation from a take out. And as WJCC noted, the AI bid makes IGP look undervalued. For the previously unconvinced it gives some conviction, for those waiting on the sidelines it provides a reason to buy in quickly, and for anyone new it provides a good story with plenty of upside.

[pyman] 21/10/2010 13:51

someone was listening is what s going on and perhaps greedy enough not to bother nibbling over months to build a position.

[carly2] 21/10/2010 13:35

What on earth is going on - I like it - but just can't believe it!!
All the best!

[theblackswan] 21/10/2010 13:18

not getting mine either. lol :-)

[wjccghcc] 21/10/2010 13:18

Well they're not getting mine.

With H1 EPS probably up around 30-50%, there's a good chance of a FY upgrade to at least 5p putting them on a PE of 13. If/when they get taken out, it will be for a PE of 20-25 given their global leadership and key importance to the US government/defence sector. If that's now or in 2 years time (when EPS should be >8p), I''m happy to wait.

[fft] 21/10/2010 13:14

given the incredibly small volumes, this has more than a stock shortage written all over it.

It has been said before that managment hold a large stake and wouldnt accept a low-ball offer. Anyone buying the business would give the existing management a place in the new company, a large salary and a load of options. That could easily swing things !

On the basis that independent shareholders will have no say in what happens as we hold too little, would be happy at a 1.00 take out ? or 1.20.

and why didnt i buy a shed load at 30-40p... :-(

[felix99] 21/10/2010 13:09

MM's besides themselves. Can sell 37.5k at the ask

[hybrasil] 21/10/2010 12:32

bought some at 34p bought again 5k today at 60p. No stock around hence the price jump

[rivaldo] 21/10/2010 12:29

Sshhh :o))

[igoe104] 20/10/2010 12:23

I wonder if saudi and the other gulf states will have the same model as kuwait, which involves intercede ?


Kuwait determined to deploy this national ID card in order to comply with the Gulf Cooperation Council (GCC) regulation designed to allow citizens of all GCC countries to travel freely between member states. This card will serve as the official ID document for Kuwaiti citizens and will also be used as a travel document in the GCC region.


Latest news.

eMoney News

New smart ID cards set to be launched in Saudi Arabia
19 Oct 2010

Residents of Saudi Arabia and Kuwait will soon be able to use smart ID cards to travel between the two countries, it has been revealed.

Sheikh Jaber Khaled Al-Sabah, Kuwait's interior minister, announced last Thursday (14th October) that the cards will be required for travel from October 22nd.

Travellers will have to show the cards at all border checkpoints as guards will not accept any old identity cards.

A statement from Kuwait's Interior Ministry said: "This decision comes following the implementation of the joint communique issued by the interior ministries of Saudi Arabia and Kuwait, making it clear that it will be applied to all land, sea and air entry points effective from October 22nd."

Furthermore, the cards will also be required for those looking to travel to other members of the Gulf Cooperation Council, including United Arab Emirates, Oman, Qatar and Bahrain.

[aphrodites] 19/10/2010 09:55

igoe

Sorry I was at another company's AGM yesterday and did not return home until late in the evening to see these trades put through.

I agree with WJCC that this was a protected trade and the result of a MM finding a line of stock for a client.

But I do not think it is Parris selling. It is one thing to broaden the institutional base of the company with an institution like Herald but for a small company like IGP to further this process by selling 250k tranches in dribs and drabs is not the way to go about it. And why sell shares cheaply at a mid market price when the share price is on the rise just to satisfy an institution's demand? I know the old argument will be, you can only sell AIM stock when there is sizeable demand. But we are facing a re-rating with this company and Parris is also at the cross roads in having to decide what he wants to do with his company. Does he want to grow it and if so how does he go about this process? Or does he want to sell the whole company, if the price is right?

I am sure that at this time and with a growing cash balance there must be a certain attraction of moving the share to the main market and at the same time making an acquisition which will require the issuance of new shares and introduction of new institutions.

One thing is certain, the company can continue to use the long and boring organic growth approach or depending on the ambitions of the C.E. and Board it can make an acquisition, issue new shares, move to the main market and at the same time widen its institutional base and liquidity of its shares. He will certainly not be able to satisfy institutional demand if he were to pursue a share sale policy from his own portfolio.

Someone out there has probably made a similar simple analysis and has decided that the Board will more than likely welcome a bid and is trying to build up a stake ahead of it. If this is the case then a 250k share purchase will hardly satisfy demand. But if it is not Parris selling, who is it likely to be? My money is on Hargreave Hale.

I believe the recent rise in the share price has further to go and we will see the price back into the high 60p's. This could be the start of the run-up to the bid I have been waiting for.

No reason to sell the shares here and if the MM's try and bring the price back I will certainly buy more.

[iicb] 18/10/2010 16:18

Ok, thanks all.

CB

[igoe104] 18/10/2010 16:11

This is worth a read.



National Strategy' proposes massive changes for electronic authentication


Zack Martin, Editor, AVISIAN Publications

Create a system that individuals can use to login to a bank account, check email or keep track of research topics of interest. Give it a catchy name like "identity ecosystem" and expect it to secure all transactions while at the same time providing anonymity.

This is the task facing the National Strategy for Trusted Transactions in Cyberspace (NSTIC): Find an efficient way to protect individuals online whether they are engaged in the most secure task or the most benign.

Identifying the problem is easy. Finding and implementing solutions is an entirely different ordeal. The 36-page draft report released in June by the White House states that the strategy aims to curb the rise of online fraud, identity theft and misuse of personal information online. This involves creating an identity ecosystem that would enable security, efficiency, ease of use and confidence while increasing privacy, choice and innovation.


--------------------------------------------------------------------------------

"The Identity Ecosystem is an online environment where individuals, organizations, services, and devices can trust each other because authoritative sources establish and authenticate their digital identities," the report states.

The White House National Security Council led the effort on the report. The group consulted with 70 industry advisory councils and associations representing various communities, including privacy, federal government, state and local government, health care, energy, IT and the financial sectors, according to a National Security Council Press spokesperson. All told almost 4,000 comments from industry and government were collected, adjudicated and in many cases incorporated.

It is expected that President Obama will sign a directive in September or October appointing a government agency to oversee implementation of the strategy.

The directive will be similar, possibly even an amendment, to Homeland Security Presidential Directive-12 (HSPD-12), says one source. This directive, signed by President Bush in August 2004, required a standard ID credential for all federal employees that resulted in FIPS 201 and the Personal Identity Verification standards.

The strategy comes out of the Cyberspace Policy Review that recommended better authentication technology to prevent online fraud and identity theft. Some government officials, however, will say it is 10 years in the making starting all the way back when the U.S. Department of Defense issued the first Common Access Card. Subsequent credentialing efforts and this extension to the citizen are all logical outgrowth from this early program.

The report calls for an interoperable solution in which participation is voluntary. And while no specific technology is called for in the report there are references to smart cards, USB key fobs, mobile phones, software certificates and trusted computing modules. Biometric technologies are not mentioned in the report.

There were also references to some existing government identification projects, including HSPD-12 and Federal Identity, Credential, and Access Management (FICAM). Both are used as examples of how any new identity ecosystem should align with existing federal projects. Some government insiders say extending a PIV-type infrastructure to the public only makes sense.

Government officials are moving quickly to get a national strategy signed by the president and an implementation plan that includes high-level milestones. But there will be any number of steps required post-signature that will take considerable time.

"We want implementers to feel some urgency due to NSTIC's impact on economic and national security," says a National Security Council spokesperson. "But we want to do it right, too, and ensure that we're not creating more problems than we solve."

That urgency needs to be tempered with realism. The strategy calls for standard identity proofing for everyone that applies for a credential, but these standards don't exist. The American National Standards Institute and the North American Security Products Organization have embarked on a standards creation process but this is expected to take at least 18 months. (See ID vetting sidebar)

There is also a strong possibility that legislation will have to be passed before the strategy is enabled. If private organizations are issuing the credential there will have to be issues resolved around liability and privacy. (See liability sidebar). If there is any major political opposition to the strategy, DC insiders suggest that it could hit roadblocks at this point.

And even if a strategy is published and credentials issued, where will individuals use them? Banks, hospitals and others will have to deploy back-end systems and infrastructure so the credential can be used. This won't be cheap and it won't happen overnight.

But the business case will be there for companies to deploy the back-end systems, says the National Security Council spokesperson.. "Better and more prolific authentication mechanisms will streamline account management and improve the automation of business processes, ultimately leading to cost savings," the spokesperson says. "This will also minimize the collection and usage of personally identifiable information."

Limiting the amount of personal information that providers store should make it more difficult for hackers to obtain that data. "We want to move away from the current paradigm where sensitive information is retained by every single service provider and instead move to a paradigm where individuals can chose when and what information is shared," the spokesperson says.

"Security is always a concern and the idea is not to limit individuals to one single credential but provide individuals a choice of credentials that enable only the necessary pieces of information to be shared," he continues. "Consumers could choose to accept the risk associated with a single credential but others will choose to carry multiple credentials

[wjccghcc] 18/10/2010 15:56

iiCB, it could be either way. Someone wanted to buy 250k and the price has been pushed up over the last few days until a seller is found. It might even be Parris selling as I know one of the director's aims is to broaden the institutional shareholder base.

Herald had to ask 3 times before he did the last sale to them - they felt it was good for the company to have someone of Katie Potts standing as a shareholder and so eventually decided to accomodate her wish to buy in.

[felix99] 18/10/2010 15:55

someone just moving stock around probably. Fund to fund or probably transfer to a SIPP or something