Orcadian Energy Share Discussion Threads

[tone] 30/12/2005 08:10

Quack Quack

[jonwig] 30/12/2005 07:49

pbracken:

Indeed, my timing to buy at 61.5p was premature, to say the least. Most of the drop in the last month was on the bid, with widening spread and low volume, so I rather ignored it.

I hope your conclusion is wrong, but I fear it might be right, as markdowns tend to be on the savage side. Whatever, I won't be heading for the exit just yet.

[pbracken] 30/12/2005 07:33

Well, a disaster on the eve of the New Year, though perhaps an opportunity for some to open a stake in a small company with a seemingly bright future.

My considerations:

Cash stands at 34p a share - roughly £12m

Current market cap of c£20m, meaning the market is valuing ORCA at c£8m

Today's warning means 2005 revenues of about £3.5m, and losses of at least £1.5m

Decent pipeline of business - but no guarantees that things will improve much next year

Conclusion: market will discount the business to roughly the value of it's cash assets until evidence emerges it won't disappoint again. My target price is 33-38p.

[jozz] 24/12/2005 11:10

Merry Xmas & Happy New Year

[jonwig] 20/12/2005 12:22

Anyone care to interpret today's trades so far

Spread 57-63.
4x30k @ 60, 1x150k @ 60, marked '?', Ordinary Trades.

EDIT: the bid being eased on two successive days. Sellers needed?

[jonwig] 19/12/2005 08:38

Just bought a few.
I considered doing in August, but didn't - luckily.
Maybe timing here will prove better?

"the_basil_of_yentup" - post #481.
Would be interested to know how you decided the forward 2006 P/E was 3x, as I can't find any broker forecasts for the company.
Whilst the current H2 may well show poitive bottom-line earnings, I find it hard to see how they will reach eps of ~20p for full-year 2006; especially with the costs involved in expanding USA rollout.

Am hopeful for the takeover possibilities, however.

[colinhy] 13/12/2005 16:21

Thomson Buys IPTV Player Thales Broadcast & Multimedia

The acquisition is the latest in a rapidly growing market that analysts believe is ripe for consolidation.

[ericthecat] 08/12/2005 10:22

This company has appeared on the ORCA web site recently, looks like the Chungwa deal is still progressing;-)

[colinhy] 05/12/2005 10:24

December 5, 2005


Delays In Microsoft IPTV Debut Alarming



Conversely, any delays by Microsoft could be a boon for smaller technology players that already are fast becoming rising stars in the TV business, in large part because of their "best of breed" philosophy. That means service providers, including phone companies, can pick and choose different interoperable pieces to power a TV launch rather than being beholden to one vendor for most of the solution, as is often the case with Microsoft's partners.Furthermore, any long delay also means the predicted entertainment slugfest between cable and phone companies will likely take longer to heat up as the telcos scramble to make their TV solutions work.

[plain vanilla] 04/12/2005 14:52

Also mentioned in this weekends FT, nice little write up.

[colinhy] 04/12/2005 13:00

Re my previous post 507


Could this be the other telecom group Orca are collaborating with on plans for IPTV services ?


Branson plots £4.5bn cable deal to create media giant
By Andrew Murray-Watson (Filed: 04/12/2005)

The coming together of Virgin Mobile and NTL, which is subject to the cable company's completing its £3.4bn merger with Telewest, will create the first company in the UK with the ability to offer a "quadruple play" package of mobile, fixed-line, TV and broadband services.

[robow] 04/12/2005 12:13

thanks Colinhy for spotting that

[colinhy] 03/12/2005 18:16

The Times December 03, 2005

Rumour of the day



Orca Interactive rose ½p to 65p on talk that the television over broadband (internet protocol television or IPTV) software group is working with Bulldog, the broadband unit of Cable & Wireless, on trials of a product that could be rolled out next year. In September, Orca said it was collaborating with two telecom groups working on plans for IPTV services, allowing users to watch content on demand.

[integer] 01/12/2005 20:14

not sure if they are in exactly the same space as ORCA but IND certainly proving IP Video is growing fast....

[hotfinance14] 29/11/2005 19:33

What valuation do we have for Orca ?

[colinhy] 29/11/2005 10:40

November 29, 2005 05:20 AM US Eastern Timezone

Telecom and Wireless Technology Veteran Named CTO of Orca Interactive

RA'ANANA, Israel--(BUSINESS WIRE)--Nov. 29, 2005--Orca Interactive (LSE:ORCA), a global market leader in developing middleware and applications for IPTV, today announced that Dr. Ofer Weintraub has joined the company as chief technology officer.


A telecom and wireless technology industry veteran, Weintraub brings more than 11 years of experience to Orca Interactive. As CTO, he is responsible for the technological roadmap of Orca's industry-leading RiGHTv middleware and applications for IPTV (Internet Protocol Television).

"Ofer is an exceptional technology and business leader, having worked with the world's leading telecommunications operators and led many groundbreaking developments," said Haggai Barel, CEO, Orca Interactive. "We look forward to his contributions at Orca as Ofer and his team pioneer new technologies for IPTV that will revolutionize the way people interact with television and impact the business plans and revenues of telecommunications operators worldwide."

Most recently, Weintraub was a telecom and cellular consultant with The Standard Insider, a consulting firm based in Herzelyia, Israel, and focused on mobile data services and IP infrastructure (IMS). He previously served as chief technology officer and research group manager at Emblaze Systems where he was responsible for the overall technology roadmap, standardization work and patent applications, and was personally involved in contributing to the 3GPP, the OMA and other standardization bodies. Before joining Emblaze Systems, he was the co-founder and CTO of Crosseller Technologies, a startup that developed remote data mining solutions for eCommerce. Earlier, he served for many years as a senior software consultant at Compaq Computers and Digital Equipment.

Weintraub holds a doctorate in chemical physics from the Weizmann Institute of Science in Rehovot, Israel, and earned his master's and bachelor's degrees from the chemical physics departments at Tel Aviv University.

[colinhy] 28/11/2005 20:53

Report: IPTV a Potential Goldmine

NOVEMBER 28, 2005

Who's going to make some serious cash in the IPTV market?


Siemens beefed up its IPTV capabilities with the acquisition of Myrio, and Crawshaw believes Lucent Technologies Inc. may make a similar move on its IPTV middleware partner Orca Interactive Ltd

[colinhy] 23/11/2005 15:41

23 November 2005

A consortium led by IBM bidding for IPTV projects in the Asia Pacific region and Orca will handle the middleware platform for IPTV.

Recreate Solutions, a London-based company floated by ex-Zee employee Bhaskar Majumdar, is part of a consortium led by IBM bidding for IPTV projects in the Asia Pacific region.
The consortium has expressed intent to participate in developing a content delivery platform for state owned MTNL's plan to roll out triple play - voice, data and video services.
VSNL is the other telecom giant in which the consortium has expressed intent to bid. Other players in the consortium are Seachange, Orca & Widevine. While Seachange will provide hardware, video sourcing & set- top box solutions. Orca will handle the middleware platform for IPTV. Widevine will look after conditional access system (CAS) and digital rights management. Recreate Solutions will provide technology for multi-player gaming & system integration solutions.

"IBM has invited us into a consortium for participating in the IPTV bid in the Asia Pacific region. We provide solutions to various interactive channel operators, video on demand service providers and broadcasters. We have built multi-player gaming engine on IPTV platforms," says Recreate Solutions vice president, Ved Sen.

[colinhy] 22/11/2005 17:19

Expect More IPTV Merger & Aquisition
NOVEMBER 21, 2005

In the wake of the Cisco Systems Inc.acquisition of Scientific-Atlanta Inc. announced Friday, close observers of the IPTV space see more M&A activity coming as vendors position to offer "end-to-end" solutions.

Until today, the large gear makers for the most part have chosen to partner with makers of IPTV middleware, which is considered to be the central nervous system of IPTV distribution. Alcatel dropped its own IPTV middleware product in favor of a tight partnership with Microsoft and its middleware product. Siemens AG acquired the middleware company Myrio.

Others, meanwhile, are fostering co-marketing and co-integration relationships resulting from existing or potential mutual customer deals. Sources say examples of this include the Nortel Networks Ltd. engagement with Minerva Networks Inc. and the Lucent Technologies Inc. engagement with Orca Interactive Ltd.

More in link -----

[robow] 22/11/2005 15:11

quite a few buys today

[colinhy] 17/11/2005 21:00

Will IPTV Bloom in 2006?
NOVEMBER 16, 2005

After discussions with 12 large broadband providers, Infonetics Research Inc. believes that IPTV infrastructure spending will zoom to almost a billion in 2006, then double by the end of 2007 and reach $4.5 billion in 2009.

Carriers around the world are looking to IPTV services to push up average revenue per user (ARPU) from a "near-saturated broadband subscriber base," Infonetics says.

Capital spending on IPTV will be used by operators to buy network hardware like IP DSLAMs, broadband edge routers, and aggregation switches, as well as application-oriented equipment like video on demand (VOD) servers, encoders, and other headend equipment, Infonetics says.

"But the biggest decision they face right now is who to choose as a middleware partner," says lead analyst Richard Webb in a statement.


Infonetics believes operators' IPTV capex investments during the next few years will pay off in spades. The firm predicts IPTV subscribers will top 53.7 million worldwide by the end of 2009, generating $44 billion in revenue for operators that year.

Infonetics based its forecasting on discussions with 12 service providers (including RBOCs, MSOs, and other broadband providers) regarding their IPTV strategies, timeframes, service bundling, and expected subscriber and revenue targets.

[colinhy] 11/11/2005 13:44

The Nortel IPTV ecosystem

includes set-top boxes from Amino, IPTV middleware from Orca Interactive and Minerva Networks, video on demand from BitBand and Kasenna, and digital program insertion from Terayon.

[tone] 10/11/2005 12:44

To get good idea of the value of this company always look at the trades

[pbracken] 04/11/2005 09:55

vivid discription basil; hat tip...

I'd Buy some of these if I could work it well within the spread (but mms are not playing ball). share price has to rise by 20% before anyone starts making a cent - which even at these depressed levels isn't going to be easy, certainly not within a 20 day trading window.