Intercede Share Discussion Threads

[pyman] 02/5/2013 00:07

and onward. still a buyer about? volume is small. what gives?

[pyman] 30/4/2013 23:18

hoorah. 4p its alive I tell you .....ALIVEEEEEE

[pyman] 28/4/2013 19:59

HP and MS too. you are right- this has been in place a while now. I l lgo dig at HP.

[rambutan2] 28/4/2013 02:17

Surely the partnership with HP must deliver something before tooooo much longer. A reminder: Intercede (London Stock Exchange AIM: IGP), the producer of MyID, a world-leader in identity and credential management systems (IDCMS), announces that HP now offers MyID as a component of its Assured Identity Plus solutions. Under the agreement, Intercede and HP will target large scale Federal, state and local government agencies and major enterprise customers.

[pyman] 26/4/2013 13:09

What is a relief for me: that IGP tech is obviously still cutting edge. my great fear was they would be leapfrogged and having watched the early mover adcvantage fade away would get killed off by the competition. So IGP stil lhave a quality product and I would think by now a very good rep given the clients they have served. More orders please!!!!

[distorted vision] 26/4/2013 12:04

The new order is a step in the right direction and was glad to see the share price rise yesterday without it falling back today when the rest of the market is dropping.

I'm sitting on a 23% loss and still don't have confidence in management so I'm looking to sell when the opportunity arises.

[yump] 26/4/2013 10:14

Yes, I had a hope of something approaching 50mln annual revenues, although to be fair that wasn't based on anything concrete, just a share of what is a massive market. More fool me I guess, although I'm still miffed that IGP have never actually said what their target market size is. (yes I know I've got my record stuck there !)

I suppose this contract illustrates good and bad points.

Good: Its quite a big increase on their existing turnover, for a few years.

Bad: Its taken years to get it, so as you say, is this the best we can hope for ? eg. £10-£15mln annual revenues in a few years time ? Unless there are lots of these contracts up for grabs - which we don't really know.

[fft] 25/4/2013 23:22

nice to see a contract win at long last. Its 2m a year for 5 years, so not earth shattering, but a step in the right direction. It was flagged previously, but slipped quite a while.

Hopefully you don't have to wait for another year for the next one to appear...

btw, isn't it a bit sad that everyone is so happy about a 2m p.a. contract. When I first bought these 6 or 7 years ago (maybe longer) I didn't expect that IGP would be in this position. I was thinking more of a fast growing 100p.a. turnover company by this point. c'est la vie....

[rambutan2] 25/4/2013 10:05

Posts crossed.

Won't currently hazard a guess.

[rambutan2] 25/4/2013 09:54

So that's a "likely" £8.5m t/c over the 4yrs following the current one.

Mms not being kind to anyone who wants in.

[yump] 25/4/2013 09:50

So that looks like about 9mln added to annual revenue for the next 5 years. Assuming the remaining revenue is 'intact'. I haven't a clue what sort of profit that will lead to though.

Anyone hazard a guess ?

[rambutan2] 25/4/2013 09:38

Been a long wait...

Contract Award

Intercede is pleased to announce the award of a major contract in support of a large scale government security program. Contracts have been signed and the first purchase order has been received, with a value in excess of GBP600,000. However, it is expected that, subject to performance, the contract value to Intercede is likely to exceed GBP1.5 million in the current financial year and GBP10 million over a five year period.

Under this program, Intercede is contracted to a multinational prime contractor who in turn is contracted to a government agency in a G8 nation.

This contract had been expected to make a material contribution to the financial year closing 31 March 2013 but procurement delays by the contracting government caused slippage into the following period.

Richard Parris, Intercede Chairman and Chief Executive said:

"This award is the result of a two year competitive procurement process by a knowledgeable end-customer. The prime contractor is also one of the world's most sophisticated systems integrators. I am delighted that both parties selected Intercede's MyID platform as their preferred 'best of breed' solution. Our success in securing this position underpins Intercede's reputation as the world's leading identity and credential management systems provider for homeland security projects."

[pyman] 25/4/2013 08:22

2vdm- OFF TOPIC: have a look at BAO. It's been caught in a short as the yworry about funding and slapped back to 13p. Big short probabaly still open- all jolly exciting

[pyman] 25/4/2013 08:19

well well! wide awake now! Patience- all things come to he who waits etc etc. Another couple of these and I ll forgive MR P the last 2 year. Sounds like a really good win too- leading to more biz with luck.

[2vdm] 25/4/2013 07:55

Ah some good news at last. Are you awake yet Pyman?

[ianhamo] 25/4/2013 07:53

Hold on tight!!!

[ianhamo] 18/4/2013 18:59

Looks like some decent buying going on today. 45k by 15.10. The total volume for the day was 75k. Approx 30k not shown.Could be the new non-exec showing some faith?

[pyman] 16/4/2013 18:57

Mr Drew looks like a decent appointment- and knows them well- and is young! all good! what about an executive role!!!

[rambutan2] 16/4/2013 15:39

Intercede is pleased to announce the appointment of Ian Ashley Drew as a non-executive director with immediate effect.

Ian Drew, age 47, is currently Executive Vice President of Marketing and Business Development for ARM Holdings plc. He joined ARM in July 2005 as VP Segment Marketing and has been a member of the Executive Committee since July 2008. Prior to this, he worked at Intel Corporation for 14 years in various senior management roles in Asia, Europe and the US; latterly as GM of the Russia/CIS office based in Moscow.

Ian is also ARM's shareholder director at Trustonic, a joint venture company between ARM, Gemalto and G&D. The Trustonic vision is "To be the trusted foundation of choice for all smart connected devices".

Welcoming Ian to the Board, Chairman Richard Parris said: "I am delighted that Ian has agreed to join the Intercede Board. Ian brings a wealth of market experience and insight into the world of trusted smart devices (e.g. smart phones and tablets), consumer electronics and the 'internet-of-things'. His skills will be a valuable addition to the Intercede Board as we focus on our future strategic development."

Ian Drew said: "It is a pleasure to join the Intercede Board because I admire both the company's management team and the technology that Intercede has developed. Significant growth is expected for security technologyacross a wide range of market segments, and I look forward to assisting this UK company to exploit its potential around the globe".

A potentially interesting appointment. Mr Drew offers marketing and business development skills, something which IGP has perhaps been lacking, while also being involved at Trustonic as ARM's board rep. If IGP's kit turns out to be an important bit of kit for Trustonic, then perhaps Trustonic are a natural buyer of IGP at some stage? Yes, just idle speculation but makes a change from being frustrated along the lines yump articulates in the post above, and which i dont disagree with. The Telegraph piece linked below says that Trustonic could be floated at some stage, so a proper business with exciting potential. One way (sales boost) or other (bid) perhaps the saviour we shareholders are looking for?

[yump] 16/4/2013 07:44

I see there's a non-exec appointed. I think shareholders deserve more than the repeated "security market expected to grow" statement. I presume its been growing pretty well - perhaps I am mistaken. To me it just looks like IGP that has not been growing, while the market has.

So pray what is IGP's realistic revenue target to aim at in this market and what's the total market size ? That information must be known by people running any business, otherwise you might as well pack up and go home.

Time to come clean.

In terms of investment, the business with options and needed a non-exec. etc. is actually a distanct second to knowing what potential the investment has.

[druinsky] 10/4/2013 15:16

chart heading into the bog

[aphrodites] 10/4/2013 15:16

When companies ignore the City messages they do so at their own peril.

Mr Parris will rue the day he made himself Chairman and CEO and appointed a lot of "yes" men to the Board.

Igoe as much as 40P??????????

[igoe104] 10/4/2013 12:08

Unless we hear news soon, this will drop into the 40,s.

[igoe104] 10/4/2013 11:24

This share is going in the wrong direction now, this is what you get when investors dont get alot of information. regarding contracts etc