Orcadian Energy Share Discussion Threads

[ericthecat] 29/1/2007 10:23

here u go

Key Streaming Media Technologies Packaged on TI Silicon Give OEMs A Low-Risk, Easy-to-Use Solution that Speeds Time to Market
ANT Software Limited Browser and Orca Interactive Middleware Combine with TI DSPs To Ensure Interoperability for IP Set-Top Box Technology

Dallas, 9 September 2005 - Uniting three of the top-tier technologies in the streaming media industry, Texas Instruments Incorporated (TI) (NYSE: TXN) has joined with software providers ANT (AIM: ANTP) and Orca Interactive (LSE: ORCA) to facilitate interoperability for manufacturers looking for low-risk solutions that will hasten the design cycle of IP Set-Top Box products and services. By bringing the core software together on TI silicon - soon including the new DaVinci™ technology, an integrated offering of processors, software, and tools - the three companies deliver an end-to-end solution that saves valuable time and dollars making it simple to offer a full range of IPTV and Video on Demand (VoD) capabilities today. For more information on DaVinci technology, please see: www.thedavincieffect.com

[ericthecat] 29/1/2007 10:20

2005 to be precise

[ericthecat] 29/1/2007 10:18

ORCA did this a year or so ago colin, I am not saying they are involved here, but they were the first to work with Texas's Da Vinci chip!

[colinhy] 29/1/2007 08:52

I wish I could post good news for ORCA, but again and again its IPTV middleware competitors are announcing new contracts.


29 01/2007
"Time Broadband Signs Deal With Amino
The AmiNET125 STB, which is designed on the "Da Vinci" SOC chip from Texas Instruments of USA, is integrated with both Kasenna Middleware and Verimatrix Content Protection enabling TBSL to use these important elements in its state of the art IPTV ecosystem developed around the H.264 AVC technology.

Time Broadband plans to leverage the combined power of Amino STBs supporting Kasenna and Verimatrix applications to offer its IPTV services to customers across the Indian subcontinent, the Middle East and parts of East Africa; to revolutionise home entertainment."

[eenmakkie] 28/1/2007 22:39

HugePants read my post 907.

You can corect some if you think its wrong.

eenmakkie

[hugepants] 28/1/2007 17:11

I get net cash of 20p at end June 2006. Are you guys looking at the correct column in the results. The 1st column is the previous year. Cash burn was 5p per share for the 6 months of end June 2006. It seems unlikely ORCA will have made a profit in H2 so net cash might be 17p-18p now. Persoanlly, Id be wary of buying at this price. There could be very little upside (if any). Current trading is key.

[par12] 28/1/2007 15:34

I think we will have to wait til after April 6th; so that BLZ can take full advantage of tapper tax relief needs to be two full tax years

[par12] 28/1/2007 12:16

Me too !!

Brought more and the price went down !!!

[bones698] 27/1/2007 13:24

me too , market is being very tight fisted these days but if the bid comes they will have no choice but to move it up.also a lack of interest in orca from investors has given the mms the oppurtunity to hold the share price down. i expect a bid in the region of 35-55p and that is if blz want rid or not. 35p= 13m cash = 11m so a bargain at that price.news soon hopefully this week on preliminary bid from comverse imho

[deep powder] 27/1/2007 10:59

I am still stumped as to why we are back virtually to the pre announcement level...

[integer] 26/1/2007 21:35

hf, you are assuming that information leaks out to the market makers from negototations. These are private.

[hotfinance14] 26/1/2007 20:16

The share price would have gone up much more of the sle price is to be 40p plus.

[ericthecat] 26/1/2007 19:23

with out a doubt greater, blz do not have to sell, they will want quite abit for orca, it will be cash plus technology plus pipeline. What gives me the greatest confidence is that there are more than one interested party, nice for a bidding war.

Absolute minimum 45p IMHO.

[par12] 26/1/2007 18:59

What do you think the sale price will be ??

Cash value or greater ?

[ericthecat] 26/1/2007 16:15

Interesting.........

Orca in IPTV Takeover Talks



Israeli IPTV middleware vendor Orca Interactive Ltd. (London: ORCA) is in takeover talks with a number of potential buyers, with software and messaging systems vendor Comverse Inc. suggested as the lead suitor.

The IPTV specialist has issued a statement to the London Stock Exchange , saying it has "received preliminary approaches expressing an interest in the Company." It added that talks are at an early stage, and "there can be no certainty that any formal approach for the Company will be forthcoming."

While Orca didn't name any other party, reports out of Israel suggest Comverse, a cash-rich vendor that is on a streak of acquisitions, is one of those companies. In the past 15 months Comverse has acquired VOIP systems vendor NetCentrex, billing and customer activation specialist Netonomy, and the Kenan billing business, which it bought from CSG Systems International Inc. (Nasdaq: CSGS). (See Comverse Nabs NetCentrex for $164M, Convergence Drives Billing M&A, and Comverse Acquires Netonomy.)

The two companies already know each other well. Orca's RiGHTv IPTV middleware is part of Comverse's IPTV product, announced in December, and has been integrated with Comverse's NetCentrex IP telephony applications (for on-screen caller ID, voicemail, and so on), and Kenan billing functionality. (See Comverse Unveils IPTV System and Comverse Unveils Suite.)

The two vendors are also part of a broader consortium of Israeli vendors, called NeGeV (Next Generation Video), that is developing new, personalized video services. (See Israelis Team on Video Services.)

Orca CEO Haggai Borel tells Light Reading: "I can't say who we are talking to, but we have been approached and are talking to a number of companies. I think it's not surprising. It's not something that's against our will."

Comverse says it "does not comment on any possible future acquisitions or agreements."

Such a move would make sense for Comverse. It's eager to position itself as a credible supplier of IPTV service delivery technology to carriers, but it doesn't have a track record in the telco video world.

What it does have, though, is carrier customers (more than 500 in total), which use its products to manage and deliver messaging, voicemail, and multimedia services, and bill for them. (See COLT Picks Comverse's OSS, T-Mobile Uses Comverse , SFR Deploys Comverse, Magyar Picks Huawei, Comverse, and Rogers Uses Comverse for recent examples of announced accounts.)

Comverse also has the financial clout to develop and market an effective IPTV system. Its parent, Comverse Technology Inc. (Nasdaq: CMVT), which also owns signaling software firm Ulticom Inc. (Nasdaq: ULCM) and surveillance technology vendor Verint Systems Inc. , has a net cash position of about $1.4 billion and quarterly revenues around $400 million. Analysts expect the company to end its financial year (January 31, 2007) with revenues of around $1.6 billion and net income of about $175 million. (See Comverse Reports Partial Q3.)

That's the sort of financial backing Orca needs. Despite being among the recognized suppliers of IPTV middleware, along with Microsoft Corp. (Nasdaq: MSFT), Minerva Networks Inc. , Siemens Communications Group (Myrio), Thomson (NYSE: TMS; Euronext Paris: 18453), and UTStarcom Inc. (Nasdaq: UTSI), Orca has struggled to pin down large revenue-generating deals.

While it has won some deals, Orca reported revenues in the first six months of 2006 of just $914,000 and a net loss of $3.4 million, down from revenues of $3 million a year earlier. It did, though, report a cash position of $18.7 million at June 30, 2006. (See Sonaecom Deploys Orca and Orca Fishes Out Jazztel.)

The company put those results down to industry consolidation and delayed purchasing decisions but claimed a strong pipeline of potential deals and a closed deal with an unnamed "major European telecoms service provider."

What Orca also currently lacks is a major telecom systems partner. It previously had a relationship with Lucent -- now, of course, Alcatel-Lucent (NYSE: ALU) -- but that petered out when Lucent adopted Telefónica SA (NYSE: TEF)'s IPTV platform in April 2006. That platform is now the basis of Alcatel-Lucent's MiViewTV solution. (See Lucent, Telefonica Team on IPTV and Lucent Unveils MiViewTV.)

So it needs a new partner, or owner. In a recent Light Reading Insider report, "IPTV Middleware Market Dynamics," research analyst Dawn Bushaus noted: "Orca is again looking for a partner to help it target larger service providers." She added that Orca's revenue-generation issues "could make it ripe for a takeover." (See IPTV's Middleware Mandate.)

Comverse Technology has some financial issues of its own. It faces delisting from the Nasdaq after failing to file its quarterly reports while it investigates historical stock option practices and revenue recognition issues. Those issues date back to when the company was being run by Jacob "Kobi" Alexander, who is currently fighting extradition from Namibia. (See Cops Catch 'Most Wanted' Ex-CEO, Comverse Faces Delisting, and Comverse Updates on Probe.)

Comverse Technology's former General Counsel William Sorin, who was charged with fraud along with former CEO Alexander and former CFO David Kreinberg in September 2006, recently settled civil charges with the Securities and Exchange Commission (SEC) relating to the backdating of options. (See SEC Settles With Sorin.)

- Ray Le Maistre, International News Editor, Light Reading

[ericthecat] 26/1/2007 16:00

yep, keep buying all you can.

[bones698] 26/1/2007 15:32

cross trade not a sell, please learn what u are doing before passing comment.same as yesterdays big trades. someone collecting shares off someone else, bid 35p minimum

[par12] 26/1/2007 15:27

what deal ??? 200k sell knows more than us; I bet

[deep powder] 26/1/2007 13:41

must be in everyone's best interest to get a deal, no one seems to have patience any more.

[par12] 26/1/2007 13:06

agreed sell it now 30p will do me

[eenmakkie] 26/1/2007 09:41

as of 30 june 2006 Orca had

18,735,000$ makes 0,2690£ cash per share
5,452,000$ in liabilities
-----------------------
13,283,000$ neto cash makes 0,1907£ cash per share
1270000$ receivables
472000$ property
----------------------
15,025,000$ neto total value cash, receivables and property makes 0,2157£
-2,500,000$ investment (I think it was after 30 june so not included in results bur corect me if it is wrong)
----------------------
12,525,000$ neto cash value , receivables and property makes 0,1798£

they make about 7 milj loss on a year so at the end of 2006 it will be
-3,500,000$
---------------------
9,025,000$ or 0,1295£ neto per share at the end of 2006
some big golden handshake for CEO, COO, ... that will leave the company before the end and another 7 mill loss and at the end of 20007 there will be neto 0,000,000$ cash value

35,538,299 shares outstanding at 30 june06
Emblaze holds 21,066,970 shares or 59,28% of the company

Emblaze are the only ones that will reinvest in this company and the delution will be severe for us. lets say 10mill $ at 0,10£ a share will make 51,020,408 new shares coming to market.
total outstanding 86,558,707 and Emblaze will hold 72,087,378 shares or 83,28% of the company

the free float will be less than 20% and Orca will be delisted from AIM

Than Emblaze can do what they want, no public news anymore to publish and in silence they will sell Orca to the buyers of now, with big profits.

Was a long time holder in Emblaze for years
and I am still long in Orca

But sorry guys, the things I have seen from the Emblaze family is unbeleavable, they will want the last penny for them and O,00 will be left for the small investors.
I live and work in the diamond center of Antwerp that is (still)the diamond center of the world.
Worked with Jews for 30 years now and I know they are very tuff business men, but these guys of Emblaze....???

So Ericthecat, if you are so close with Eli or maybe you are himself (like some of the Emblaze boards mentioned) puch them to sell Orca now, and for ones in there live time think also on the small investors, that they can get some of there investments back. And will not be left out in the cold after a year.

I am happy with 0,40£ ,0,30£ per share but sell it NOW

[par12] 25/1/2007 15:35

Down the price goes

[ericthecat] 25/1/2007 15:00

iqs, i never said they wern't, but orca has the cash to keep going for another 5 years, so its a matter of selling the technolgy.

[explorer88] 25/1/2007 14:03

hello eric - no i'm not in bvc at the moment (just UBQ, ADA, SRF, ORCA and ATL)