Osirium Technologies Share Discussion Threads

[kemche] 10/10/2021 12:56

Could OSI take over Microsoft or Cisco?
Certainly something to think about.

[1happydays] 10/10/2021 12:45

Do wonder if TERN might look to invest in OSI, last time I checked they had a couple of mill supposedly spare to add to their portfolio.

'Tern backs companies with proven technology, based in the UK but with global ambition. We look for well-motivated teams who are building innovative high growth businesses, with revenue and IP, and which are harnessing software to create or disrupt markets. We predominantly support software companies which develop commercial IoT security, enablement and analytics solutions for the healthcare and industrial sectors, where safety and regulatory compliance are important market requirements'

Might be good fit with one of their pf companes - Device Authority - IOT Identity and Access Management (IAM). Plus they are just a stones throw away from each other (on opposite sides of Reading).

[1happydays] 10/10/2021 12:38

Cheers Hedge, hadn't spotted him name drop them two before. Partner with either and it should make the share price rocket.

[hedgehog 100] 09/10/2021 20:10

Thanks Happydays, so OSI are now listed on Microsoft's Azure Marketplace. Can't be bad!!

And it looks pretty new, as there are no ratings or reviews yet.

"DEFINITION
Microsoft Azure Marketplace
By Kathleen Casey, Site Editor
The Microsoft Azure Marketplace is an online store that offers applications and services either built on or designed to integrate with Microsoft's Azure public cloud.
The products and services sold through the Microsoft Azure Marketplace come from either Microsoft directly or its technology partners. Before they become available for purchase on the Marketplace, all services and products are certified through the Microsoft Azure Certified program to ensure compatibility with the Azure public cloud."
[...]

This ties in to the 14.6.21 OSI video interview:


Which contained the revelation that OSI was working to partner with Cisco & Microsoft etc.

Most companies would probably have RNSed this news.

And there are tech companies with less than OSI valued at over ten times as much.

[1happydays] 09/10/2021 13:15

Osirium PAM, previously marketed as the Osirium PxM Platform, is the world’s first built-for-purpose Privileged Protection & Task Automation solution for today’s complex hybrid-cloud world.



World's first, on AIM, well that would be a valuation of sub 6 mill market cap. Currently Bonkers, but doubt this will always be the case

[hedgehog 100] 08/10/2021 17:44

Definitely George, & you're welcome.

Note that OSI's products have a range of patent protection, which represents both a powerful competitive barrier, and a very valuable asset. -

"The intellectual property of Osirium includes 7 registered patents primarily in the 'Computing; Calculating' category, according to IPqwery."


And in the period 2015-2020, OSI invested about £7.6M. into research and development, a sum greater than its current market cap. at 19.5p (££5.73M.)

So it's taken a lot of time and money to develop OSI's products.
Even if another company wanting such products were prepared to invest that much on R&D, and had the necessary skilled staff, they wouldn't have the time if they wanted to effectively exploit a market that is taking off right now.

Add in the value of OSI's SAAS contracts, partnerships, and skilled staff, then its current takeover value could be multiples of its current level.

Bearing in mind the high valuations in this sector, and the investor appetite for such stocks, then you with think that investors would be quite happy to fund such an acquisition.


11/06/2021 07:00 UKREG Osirium Technologies PLC Final Results
"... The Group spent GBP1.81m (2019: GBP1.77m) on direct staff and contractor costs for research and development, of which all was capitalised in both periods. ..."


08/05/2019 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
" ... The Group has also continued to increase its investment in R&D this past year. During this period, GBP1,439,119 has been capitalised, an increase of 15% from the previous year. ..."


24/04/2018 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
" ... The Group has also continued to increase its investment in R&D this past year. During this period, GBP1,254,000 has been capitalised; an increase of 53% from the previous year. ..."


03/05/2017 07:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
"... The Group continued to increase its investment in research and development, with GBP915,476 capitalised in the period (2015: GBP404,385), an increase of 126%. ..."

[george stobart] 08/10/2021 16:44

Thanks Hedgehog, would you see OSI being a takeover target at current depressed levels by PE or other vulture hunters?

[hedgehog 100] 08/10/2021 16:30

George S.,

You seem to have confused yourself with George Soros, if you think that your buying should always move the share price up!

And if your patience is limited to a week or so, you will never do well from investing.

If you read last week's OSI interim results statement, you will see that at 31.7.21 OSI had £2.03M. cash.

So I wouldn't expect a fundraising before the spring of next year, unless the share price goes ballistic in the meantime, and the company decides to take advantage of the strong investor demand.

Company news is what tends to trigger a real share price rise: it did with the examples of TERN, IQAI, and RMS that I quoted yesterday, so watch this space.

[george stobart] 08/10/2021 13:49

I bought last week and this is not moving. What's happening? Is there a secondary placing coming?

[1happydays] 08/10/2021 08:21

Lol Kaos, it's not as if OSI don't do that to some extent, look at the case studies.

What I'm saying is that I'm here for the ambition of the company, 4 products - PEM, PAM, Automation and the Ransomware Protection. Patents in US, UK and Europe (google them if I'm not mistaken) and a go to market strategy that is starting to go expand their reach globally.

Some small minded PI's will be fretting about dilution or hedgeing their bets with some companies that probably aren't going to go anywhere soon. Others luckily will be a bit more forward thinking ;)

[kaos3] 07/10/2021 22:07

1happydays - some are - and you made a point which is very valid imho (in opposite) - those that have consultancy - are doing a good job imho selling SaaS

because they are getting cash (minimizing dilution) from the consultancy, they get to know customer problems to be solved, they are getting the trust of potential clients etc - and all that gets integrated into their SaaS

that is what they say and it works very well. you solve specific problem, you gain knowledge and trust, you later sell SaaS to them, you teach them how to use it ......

consultancy service is a start to the SaaS which prevails - at the end

[1happydays] 07/10/2021 21:11

For me it's the SAAS product/model that's intially a slow snowball to form but eventually will start reaping the rewards. Why, because it quickly starts to scale up, as the product becomes less bespoke and more generic.

Do those other companies have a SAAS product? Because I'd do more research if they do, but if they are just consultancy/services then they are not for me.

[hedgehog 100] 07/10/2021 18:03

LOL,

Well how strange that I should be posting about OSI on this OSI discussion thread!!

[kaos3] 07/10/2021 17:57

HH I used ccs as an example of a different Co in the same sector and similar situation and size using a different approach.

It seems to me that many of us are interested in this sector in general and are discussing which Co in the sector is doing what and why it works and why it does not - including osi . Trying to find the right horse to bet most on - including osi.

You are strictly about osi. always saying they are the best or close to. maybe they are - I do not know.

[hedgehog 100] 07/10/2021 17:31

You have to understand than someone with a two-month posting history will be seen as having credibility issues, especially when they're posting something asinine.

[george stobart] 07/10/2021 16:13

you do understand that i want this to go up??

[hedgehog 100] 07/10/2021 16:07

In post 930 on my RTO thread I explain why a company's need to raise funds in the medium term can actually be a good thing. -


Hedgehog 100 9 May '19 - 19:17 - 930 of 979 Edit 0 0 0

"Haydock,

Yes, I'm expecting IQAI to raise additional funds in a few months.

And I'm also expecting a period of very positive IQAI newsflow in the near future, driving the share price to much higher levels ahead of that fundraising.

In fact, I would prefer a situation like this to one where a company doesn't need to raise funds for quite a while, and is happy to let the share price drift in the interim.

IQAI did actually conduct a fundraising in March though, which bodes well for the price of the next fundraising.

IQAI's March 2019 fundraising had two major positives:
1. The fundraising conversion price of 2p was at a massive premium (56.86%) to the then IQAI share price (1.275p).
2. The investment of the two CEO's was akin to massive directors share buying, a huge vote of confidence in the company, especially at such a massive premium.

11/03/2019 07:00 UKREG IQ-AI Limited Issue of Convertible Loan Notes
"IQ-AI is pleased to announce that the Company has issued GBP268,500 in nominal amount of 6% unsecured convertible loan notes 2024, convertible into 13,425,000 ordinary shares of 0.1p each in the Company ("Ordinary Shares") at a price of 2 pence per share ("CLNs"). The funds raised as a result of the issue of the CLNs will be used to provide additional working capital for the Company. The funds raised enables the Company to fully execute its current business plan and shareholders should take comfort that the Company is now able to fully execute its current strategic objectives, following this, initially, non-dilutive fundraise.
Trevor Brown, Chairman of the Company, has subscribed for GBP250,000 of the CLNs and Michael Schmainda, Chief Executive Officer of the Company's 100% owned subsidiary, Imaging Biometrics LLC, has subscribed for GBP18,500 of the CLNs. ..."


There are some similarities with TERN near its medium term low of 2p.

And TERN took advantage of its subsequent share price rise in 2018 to raise funds at far less dilution than otherwise -

08/05/2018 07:01 UK Regulatory (RNS & others) Tern PLC: Equity Fundraise
Tern Plc (AIM:TERN), the investment company specialising in the Internet of
Things ("IoT"), is pleased to announce that it has raised GBP1,750,000 before
expenses through an unconditional placing of 9,459,460 new ordinary shares
of 0.02p each at a price of 18.50 pence per ordinary share (the "Placing")
with a single institutional investor, utilising the existing share
authorities granted at the 2018 AGM. ...


25/07/2018 07:01 UK Regulatory (RNS & others) Tern PLC: Equity Fundraise of c. GBP2.9m
Tern Plc (AIM:TERN), the investment company specialising in the Internet of
Things ("IoT"), is pleased to announce that it has raised approximately GBP2.9
million before expenses through an unconditional placing of 11,192,307 new
ordinary shares of 0.02p each at a price of 26 pence per ordinary share (the
"Placing"), utilising the existing share authorities granted at the 2018
AGM. ...
"

[george stobart] 07/10/2021 14:58

is this one going to have a dead cat bounce soon or will fall into the earth's core?

[hedgehog 100] 06/10/2021 21:22

06/10/2021 14:43 UKREG Falanx Group Limited Sale of Assynt for GBP4.6 million
"Falanx Group Ltd, the AIM listed cyber security company, announces that it has entered into an agreement to dispose of its Assynt Strategic Intelligence Division ("Assynt") for an estimated cash consideration of GBP4.6 million to Cross Atlantic Solutions LLC ("CAS") (the "Disposal"). ...
Assynt has made good progress in developing its recurring revenue model for the provision of strategic intelligence by the provision of embedded analysts and report subscriptions. In the year ended 31 March 2021 it recorded revenues of cGBP2.1 million and an adjusted EBITDA of GBP0.1 million. Assynt made a loss before tax for the year ended 31 March 2021 of GBP0.06 million. ..."



This FLX RNS today illustrates the good prices that even loss-making cybersecurity businesses can command, and the healthy level of acquisition activity in this sector at the moment.

And Assynt doesn't look to have the sort of intellectual property and growth prospects that OSI does.

[hedgehog 100] 05/10/2021 17:26

A sign that the pandemic is easing: tomorrow and the day after, OSI will be attending a 'physical exhibition' ... their first since the pandemic disrupted our lives.
Held in London, it is the UK's biggest digital transformation event:

"22 SEPTEMBER 2021
Osirium at DTX 2021
‍Digital Transformation EXPO 2021 takes place 6th/7th October and will be the first in-person event Osirium has attended for well over a year.

Stop by the Osirium stand (C50) to talk to experts about how to protect against ransomware and other threats to IT infrastructure and how to easily automate complex IT tasks in a secure and scalable way.

Mark Warren will be presenting in the Advanced Threat Protection theatre at 2pm on Weds 6th October: Ransomware: How protected are you and what is the critical first step? He'll be revealing more data from the Osirium Ransomware Index research, come along to learn the three key elements to a ransomware protection plan.

If you can't make it, or would like to ask any questions, please get in touch."




This is very encouraging news, and suggests that investments delayed due to the pandemic could increasingly be coming OSI's way.

[1happydays] 04/10/2021 11:38

Picked up some cheap ones, don't mind if I do :)

[hedgehog 100] 04/10/2021 11:35

From Megasonic's ADVFN profile:

"megasonic
Member since: 29 Mar 2017"



Does Megasonic have a posting history prior to 29 Mar 2017, and if so, what is it he's hiding?

Conversely, if he's only been posting for a few years, then he is not very experienced.

[hedgehog 100] 04/10/2021 11:11

LOL,

Megasonic,

You really must be desperate about IGP to have to keep on ramping it here.

I suggest that you stop, or I will be reporting you to ADVFN.

You first recommended IGP here on 21st. July, when its share price was about 105p.

It's currently 92.5p, i.e. down about 12% on your tip price. -

megasonic 21 Jul '21 - 10:41 - 172 of 329 0 1 1
" ...I don’t know how Stifel are rating OSI as a Buy with a 113p target. From what I’ve seen OSI will make another loss in the coming year, then return to market, cap in hand, for more investor funds in Q2 2022.
The only positive that I see here is that this company might be a decent candidate for a takeover. Otherwise there are better cyber security prospects out there than OSI. Shearwater [SWG] looks like it could do well in the future. Intercede [IGP] has been delivering consistently for a couple years now.
DYOR"


"DYOR" translation: 'May be talking complete b.s.'!


In contrast, here's an IGP view from the respected poster Rivaldo:

rivaldo 8 Jun '21 - 08:27 - 4066 of 4085 0 2 1
" ... Too expensive for me at a £59m m/cap for £1.1m PBT. A nice little company - £10.9m revenues - with good prospects, but the upside from that £59m m/cap seems limited for a while yet unless there's some more large contract wins."