Intercede Share Discussion Threads

[wigwammer] 13/2/2018 14:31

"The contract was secured through an existing Intercede regional channel partner and is anticipated to be the first of many such orders around the world." Fingers crossed the ball starts rolling. It says quite a lot about sentiment here when a microcap wins a seven figure contract with a tier one customer and no one comments until 230pm..

[wigwammer] 04/12/2017 12:55

"This makes it easier for the UK Government to meet its international obligations for secure partnership with other governments around the world."It is in the commercial interests of every company on the planet to "meet international obligations for secure partnership.."Sooner or later this will catch on. IGP evidently have a highly regarded product.

[wigwammer] 01/12/2017 17:00

£100k to protect 10000 employees. £10 per employee per year. Around 600m people employed in the developed world using insecure passwords. An emerging £6bn market. GDPR regulation will put pressure on more and more organisations to resolve password issues over the next 12 months - this will be a valuable reference account for IGP.

[zipstuck] 30/11/2017 07:36

Wow a new contract that will probably add less than £100 in sales in thsi FY. Things must be desperate.

[wigwammer] 29/11/2017 17:25

I suspect they will get away with less and less as regulatory pressure mounts.Precisely the story.

[ramnik007] 29/11/2017 14:59

IT Majors unfortunately only want what they can get away with; not the highest standards in most cases.

[wigwammer] 29/11/2017 12:34

That is true, ramnik.But in the competitive space of cybersecurity to the US government and US aerospace, where expected standards are at the highest levels, IGP has competed and won repeatedly.

[nibble] 29/11/2017 07:47

....or if the choice to go with IGP is the most cost-effective solution for a major.

I am also mindful of the fact that if a big player wants the technology badly enough it could possibly make a bid for IGP as a whole.

[ramnik007] 29/11/2017 07:04

That is an interesting statement Wigwammer. I guess the IT Majors will only select if they have to use and have no other choice.

[wigwammer] 27/11/2017 14:09

The first and last lines below are interesting - not sure about the short term bumps, but mid-long term they evidently have an asset that is highly valuable and difficult to replicate."Intercede continues to engage under NDA with industry IT majors. While it is premature to predict when and if significant revenue streams will flow from these partnerships, a commercial breakthrough with any one of these partners could create an inflexion point in Intercede sales revenues. The engagements are a recognition of Intercede's world lead in cryptographic key management, authentication expertise and security technologies. Intercede's solutions remain contemporary, relevant and cannot be readily duplicated by industry majors themselves."

[zipstuck] 27/11/2017 10:58

Dont like the dependency on potential contracts by year end. great potentail to disappoint

[she-ra] 14/11/2017 16:02

Lets hope he doesnt go for a delisting a la Interquest. Usually halves a share.

[hybrasil] 14/11/2017 14:03

Getting close

[zipstuck] 10/11/2017 13:21

They will need to get funding or cut spend.

[sharesoc] 08/11/2017 18:48

There is a blog post on Intercede available here:

[hybrasil] 07/11/2017 12:32

Well they were not very right about the £1.20!!
I think the problem here is the md
He might be a good boffin but I dont think he has a corporate clue
Their share buy back program of a few years ago has to be one of the stupidest ever
The co now is up to its neck with this convertible loan
Despite all this I like the space and am a buyer if the share price falls back to 20/25p

[rambutan2] 07/11/2017 10:25

For what it's worth:

FinnCap today reaffirms its corporate investment rating on Intercede Group and cut its price target to 80p (from 120p).

[biglad1] 06/11/2017 22:34

sent an email to question companies viability.See if I get reply????

[wigwammer] 06/11/2017 15:50

The chairman's guidance is certainly a concern - he has been too optimistic for this year, and not for the first time. Re valuation - totally depends on speed and level of uptake. With 90%+ gross margins there is huge operating leverage in what should be a growing market. When that inflexion point hits is anyone's guess - even Parris appears unsure.

[pugugly] 06/11/2017 15:46

Query - If not hitting sales targest and positive cash flow is any entry point worth while - Lost fingers trying to catch a falling knife ???????

[hybrasil] 06/11/2017 14:47

I agree - still over valued- 20/25p a good entry poiny

[jailbird] 06/11/2017 14:07

20p is probable again now.

[she-ra] 06/11/2017 14:07

Still ridiculously overvalued.

[jailbird] 06/11/2017 14:06

oh dear..Co now reporting delay of contracts.

Not good news for the Co.

They have a costly workforce and now contracts are delayed.

How long will this cash last as cannot see any profits here now.

Can see these dropping further now.

[jailbird] 21/10/2017 10:02

Correction I believe that equates to approx FY17 revenues 8.3MFY18 - £12-15M 50% increase FY17FY19 - £16-20M doubling FY17FY20 - £24-30M 200% tripling FY17Costs per year are approx 12MSo I expect a small profit in FY18 Worst case breakeven