Osirium Technologies Share Discussion Threads

[hedgehog 100] 07/2/2022 15:57

"Announcing Osirium PAM v8.0 - Accelerates the Route to Zero Trust

Major Update to Osirium PAM

Reading, UK 19th January 2022 – Osirium (AIM: OSI.L),the UK’s leading Privileged Access Management (PAM) company, today announced a major new update to its PAM solution that brings a new level of protection for powerful administrator accounts with the release of Osirium PAM v8.0. This new release focuses on two critical new and enhanced capabilities making it easier for businesses to adopt zero-trust security strategies: scheduled and approved access to administrator accounts, and built-in multi-factor authentication(MFA).

Zero-trust is a rapidly growing security model in many organisations. According to MarketsandResearch.com, “The global zero trust security market size is expected to reach USD 59.43billion by 2028, registering a CAGR of 15.2% from 2021 to 2028”.

Osirium CEO and Co-Founder David Guyatt said, “Osirium has always focused on making PAM easier. At a time when more staff are working remotely than ever before, it’s critical that every IT leader prioritises both security of access and enabling teams to work with minimum delay.” ..."

[hedgehog 100] 07/2/2022 15:43

Osirium @Osirium · 4 Feb
"The @osirium PAM v8.0 release was quite a big deal! Somehow CTO Andy Harris has managed to cram it into 80 seconds! #cybersecurity #pam [...] Learn more at hxxps://www.osiriumcom/pam "


19 JANUARY 2022
"Announcing Osirium PAM v8.0 - Accelerates the Route to Zero Trust
New PAM release from Osirium delivers pre-approval for just-in-time access and built-in MFA. Make zero trust easier."

[hedgehog 100] 07/2/2022 15:21

Thank you, Kemche, for admitting that the board of directors here have not been paid the amounts previously claimed.

The key management personnel remuneration is different.

OSI's key management consists of ten employees, half of whom are not board directors.

If you added up the remuneration of ten average senior professionals in Britain, including bonuses & pension contributions etc., over several years, you would doubtless get a figure of a few million pounds.

So why are you and Megasonic so begrudging of a professional being paid a professional's remuneration?

Is it because you wouldn't be capable of earning such pay yourself, and are consumed with envy and resentment?

[kemche] 07/2/2022 15:01

Having waded through the final accounts since launch the key management personnel have so far trousered circa £5m - so a far cry below the £7.5m.

The options granted are of course out of the money so I have not counted those.

So they have only had circa 35% of the total cumulative losses. The poor mites!

[hedgehog 100] 07/2/2022 14:18

Really? So the OSI directors have been given about £6M. or more in free OSI shares over the last few years, have they?!!

I'm not even sure how the maths of that would work for such a small cap. company, but there has been no such payment of that size.

The £328,330 figure includes salaries, bonus & commission, car benefit, benefits in kind, and pension contributions.

And the last share options issued, in December 2020, are only exercisable at a price of 35p per share.

If you think that OSI options are worth £6M., then you must be pretty bullish on the OSI s.p.!!

[kemche] 07/2/2022 14:03

"could add up to about £7.5M. in just a few years?!"

You are of course correct. It is obviously far more than that once you add in the share based payments too. Well spotted and I stand corrected.

[hedgehog 100] 07/2/2022 13:55

There's a difference between board directors pay and other pay, Kemche.

In a company like OSI, you would expect salaries to be the major cost.

OSI's board directors remuneration in its last published full year results (i.e. to 31.3.21) was £328,330 (+ N.I.), which was a small fraction of the company's total remuneration costs of £3,290,719.

In comparison, CCS's last reported full year directors remuneration was £389,625, on a comparable level of revenue and losses to OSI.
This was actually a far higher proportion of the total remuneration.

Could you explain how that sort of level of OSI board directors remuneration could add up to about £7.5M. in just a few years?!

It is just another of Megasonic's increasingly long list of blatant lies.

[kemche] 07/2/2022 13:25

Retained Losses totalling £14.5m

And half of that taken out as wages.

1000 bagger surely.

Certainly in wages if nothing else.

GLA STP&Ds!

[hedgehog 100] 07/2/2022 12:35

There are a limited number of reasons for a poster to conduct a deranged bashing campaign against a share.

But probably the most common is a personal grudge against the company and/or its directors.

Typically, an investor who blames the directors for his/her losses there or elsewhere.

And instead of taking responsibility for their own investment mistakes, instead incessantly whinges for years like a little child.

Megasonic certainly seems to fit this category!


Personally I wouldn't trust his maths, because he's posted false information so often previously.

But I would agree that OSI has spent a great deal on R&D, creating very valuable assets in the process.

And OSI's co-founder and CEO, David Guyatt, has massive previous success as a co-founder and CEO ... resulting in his company being sold for a cool one billion dollars.

"David Guyatt
CO-FOUNDER AND CHIEF EXECUTIVE OFFICER

Co-founder of Osirium, the management team is led by David Guyatt, who has over 30 years’ experience in turning next generation IT products into successful technology businesses. He is a recognised pioneer in establishing the content security software market, being a co-founder and CEO of the Content Technologies group, which created MIMEsweeper and became the recognised world leader in content security solutions, with a 40 per cent global market share, and was sold for $1Bn within 5 years, the largest European cyber security acquisition at the time.

Previously, David was Sales & Marketing Director at Integralis from 1990 to 1996, as it established itself as Europe’s leading IT security integrator - now part of the NTT group."




Andy Harris, OSI's Chief Technology Officer, also has previously had a leading role at Integralis, and MIMEsweeper (Content Technologies).

Integralis was sold for Euro 75 million.


And in addition, Rupert Hutton, OSI's Chief Financial Officer, while he was working at Artilium Plc, was instrumental in the sale to NYSE listed Pareteum for $104.7 million (or £78.0 million) - his most recent deal.

[megasonic] 07/2/2022 12:07

Quote from hoggie:"they're [OSI directors] not short of a bob or two"===I cannot disagree with hoggie here, the Directors must definitely have a fair wedge of cash now. OSI Director salaries in the years since IPO total to >£7.5m. In that same time OSI Revenues total to approx £4.5m.===Certainly some here are making money. With Retained Losses totalling £14.5m (as at 31/12/20) it is not the Company. And with the share price down >90% since IPO it is not the Shareholders either. ===Go figure the Directors are flush with cash. An astute observation from the hogster, bravo.

[kemche] 07/2/2022 10:35

A 1000 bagger here we come. Another Aero in the making!

"David Gruen has certainly made some quality posts here."

He certainly has - like this little gem:

David Gruen - 12 Jan 2022 - 13:01:26 - 438 of 621 The serious business of cybersecurity - OSI
I've tested the water with 8 grands worth. Will top up further as price action unfolds as expected. I have a 40p target. I expect that target to be achieved within 4 weeks.

GLA


Only 5 days to go to 40p!

GLA STP&Ds!

[hedgehog 100] 07/2/2022 10:21

If the company stays independent though, longer term it has genuine 100-bagger potential.

Sales growth momentum has been temporarily hit by the pandemic, but is expected to resume strongly this year, and OSI has the right products at the right time.

Some large contract wins could potentially see annual sales rapidly grow to the £10M. p.a. level within a few years, which could equate to millions of pounds of profit, and a £100M.+ market cap.

Very small cap. tech. companies of this quality are very rare, with investors sometimes fighting for a piece of the action.

It's so hard to buy decent quantities on the market, so the opportunity to participate in a placing can be manna from heaven.

Of course no placing will be required if the company is taken over first, but otherwise its pricing will be strongly influenced by the company's intrinsic value, which suggests a good premium to the current share price of 9.75p.

Though premium placings per se are quite rare, for hugely undervalued companies they are actually par for the course.

On 22nd. October last year I had two of my shares announce such placings in one day, with those two finishing as the top two risers that day. -

"LSE % Gainers Top Lists
EPIC Name %
IRON Ironveld +52%
STAR Starcom +32%"

And a year before that the same thing happened to my share Audioboom (BOOM), which then went on to become one of last year's top performers, multibagging handsomely.

[hedgehog 100] 07/2/2022 10:01

Remember that OSI holds seven patents that could be a key to tackling the ransomware plague.

It's software research and development has cost about £13M. over about the last decade.

But its real worth could be multiples of that.

"Ransomware Costs Expected to Reach $265 Billion by 2031
August 6, 2021 @ 12:05 PM | By David Bisson | 2 min read"



Massively oversold on small retail sales, and due a good bounce imminently.

The current share price is bonkers considering that the IP here is so valuable.

The company has signalled that it may be up for sale, and it's hard to believe that it would go for under £10M.

But it could be much more than that, especially if there is a bidding war.

[hedgehog 100] 07/2/2022 09:20

megasonic 7 Feb '22 - 09:09 - 616 of 617 0 0 0
"Indeed hog, unlike yourself neither my username nor my posts show me to be a self-defecating individual."


On the contrary: who but a vain, idiotic little p---k would choose a username like "Megasonic"?

Still, it's the perfect name for a 'basher account' such as yours, and perfectly complements your dishonest and unpleasant postings.

[hedgehog 100] 07/2/2022 09:13

David Gruen 15 Jan '22 - 08:54 - 467 of 615 0 1 0
"CyberArk Market Cap: 5.74B
Osirium Market Cap: 4M

McAfee ePO integration is massive:

Bought in on Technicals, but loving the Fundamentals."

David Gruen 17 Jan '22 - 14:10 - 505 of 615 0 1 0
"A < 4 Million Market Cap Cyber Security company which boasts a place on the Gartner Magic Quadrant is laughable. Forget technicals, forget placings, this potentially has 100 bags in it."


David Gruen has certainly made some quality posts here.

He's gone quiet recently - perhaps he's been made a placing insider?

Supply and demand will dictate the placing price, and just a few-several large personal investors alone could potentially take all the available shares, before you even think about institutional investors.

And of course the OSI directors could also invest big, as they're not short of a bob or two.


Another option could be a large strategic investment from an industry partner, in line with OSI's reconsideration of its route to market.

[megasonic] 07/2/2022 09:09

Indeed hog, unlike yourself neither my username nor my posts show me to be a self-defecating individual.

[hedgehog 100] 05/2/2022 12:04

“The fool doth think he is wise, but the wise man knows himself to be a fool.”

― William Shakespeare, As You Like It

[hedgehog 100] 04/2/2022 17:47

"I am gobsmacked hoggie has the gall to post on here."


Megasonic,

You were complaining when I stopped posting, so I came back.

Then you complain when I come back!

You were complaining when you thought I'd made money here, so I corrected you.

Now you are complaining that I've lost money here!!

Your last 37 posts on ADVFN (at least under this user name) are all OSI posts, stretching back to September of last year.

You are clearly obsessed by a company you do not own, and now you have become obsessed by me.

Maybe you're the one who lost 70% here, as I don't know where else you got that figure from, and you seem to consistently project your own failings onto others.

As I've said before, you're a prime example of the usernames types rule of thumb:

The more egotistical-conceited the username, the thicker the poster.
While the more self-depreciating the username, the more intelligent the poster.

As an example of the second type, see the ADVFN profile of Paul Hill of Vox Markets:

"Brummy_git
Member since: 26 Mar 2001"

[george stobbart] 04/2/2022 17:30

hoping for a nice dead cat bounce

[megasonic] 04/2/2022 17:30

I am gobsmacked hoggie has the gall to post on here. He has tried to hide OSI's failings with his incessant ramping and nonsense over the past year. His energy would have been better utilised holding this inept Board to account rather than trying to support their champagne lifestyle.===OSI continues to lose money hand over fist. Given December's Trading Update stating "Cash and Debtors" balance of £700k and cash burn of approx £350k pcm (£4m per annum) it is very likely the company's coffers will be empty by the end of this month. What then next month? The Board will need to get funding from somewhere or it will be lights out. ===Why does hoggie continue to evangelise this Board who have taken all shareholders for a ride on a rollercoaster that is clearly missing nuts and bolts? Has he lost touch with reality? Is he really so consumed with being proved right that he no longer cares how much money he loses? I cannot understand how hoggie - who has lost >70% of his investment value in OSI - can still be supportive of the shenanigans of this Board. Hoggie's position on OSI is simply baffling.

[hedgehog 100] 04/2/2022 17:01

Recent Share Trades for Osirium Tech (OSI)
Date Time Trade Prc Volume Buy/Sell Bid Ask Value
04-Feb-22 16:34:56 10.00 5,000 Buy* 9.00 10.00 500.00 O
04-Feb-22 14:09:39 9.90 152,464 Unknown* 9.00 10.00 15.09k O

Interesting large buy this afternoon, for over 100 times the market size (1,500 shares).

You often find that a large trade marks the bottom, be it a buy or sell, and this could be just such a signal.

[hedgehog 100] 04/2/2022 15:53

'Ramping con-artists like Megasonic have much to answer for as they have attempted to pull less informed investors into their shares in order to shore up their own poor investment choice.'

E.g. IGP, MBO, MHC, as I have exposed in posts 454, 530 and 537 above.

He is clearly a contra-poster: i.e. selling what he pumps, and buying what he bashes.

Why is someone so dishonest and so unpleasant, getting so consistently angry at myself, supposedly on behalf of other investors who have lost money.

None of whom have actually complained about my posting here themselves?!

I'll let readers work that out for themselves ... and it isn't difficult.

[kemche] 04/2/2022 15:50

No parabolic chart?

[hedgehog 100] 04/2/2022 15:40

COMPARE & CONTRAST: CROSSWORD CYBERSECURITY v. OSIRIUM TECHNOLOGIES

The CCS v. OSI full year results look quite comparable ... but for CCS shares you're paying over nine times as much! -

CCS:
27/04/2021 06:00 UK Regulatory (RNS & others) Crossword Cybersecurity PLC 2020 Annual Results; AGM Notice; Board Changes LSE:CCS Crossword Cybersecurity Plc
"... Delivered 25% revenue growth to GBP1.6m, despite the toughest economy in recent memory. ...
Loss of GBP2.3m and GBP1.0m closing cash. ..."


OSI:
11/06/2021 06:00 UK Regulatory (RNS & others) Osirium Technologies PLC Final Results LSE:OSI Osirium Technologies Plc
"... Total recognised revenue increased by 22% to GBP1.43 million ...
Reduced operating loss of GBP2.88 million ...
... Cash balances at 31 December 2020 of GBP1.48 million ..."


Current CCS s.p.: 34.5p, market cap. £25.86M.

Current OSI s.p.: 9.5p, market cap. £2.79M.

Comparing OSI to other cybersecurity companies really highlights OSI's relative attractions.