focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Its confirmation of the RNS they released June 2nd with a bit extra. This is the bit I like : · Intercede's partner-centric growth strategy remains unchanged and, following on from the recent launch of the Connect Partner Programme, the Group's network has continued to expand with new agreements established with partners covering the UK, Europe, North America, the Middle East, Latin America, Asia and Africa. We've had the turnaround, we've had the pandemic hold ups, lets hope we see the potential fulfilled this year to take IGP to the next level
As at 31 March 2021, gross cash balances totalled £8.0m (FY20: £4.8m) and the Group is now debt free following the successful early retirement of convertible loan notes totalling £5.0m that was announced on 4 and 16 February 2021.
Surely this is good news!
I bought back in last week. I'm not particularly happy with directors options. They all do it and it is grossly unfair to shareholders who risk their own money. The sp held up better than I was expecting. There was at least one decent investment trust taking a position recently. Mews has been deafeningly quiet about new contracts but with no debt and increasing cyberthreats especially in the States, they should be in a position to vastly accelerate profits and revenue which frankly is ridiculously small
I appreciate the directors have worked hard for this but they usually pay themselves pretty well. This just seems a bit greedy and suggests maybe they have as impressed with themselves: Tranches 2 and 3 will now be triggered subject to the achievement of an average share price of 69p and 119p respectively for a period of 30 consecutive trading days up to and ending 19 October 2021 (previously 119p and 169p respectively). With a PE of 49 its looking very pricey on the current update. Thanks for the ride
Just I was ruing not having taken some profit here along comes a renewed contract for $3million and trading update to follow. Remembering its 100% profit from now on probably reasonable not to have anticipated a 12% pull back but its still pretty illiquid to trade and could easily get shut out. £1.25 only the first target
Interced/Aware partnership looks a good fit. Strange time to be selling shares here.
With triple the average trade volume yesterday its good to see IGP join the exclusive 52 week high momentum club today on Stockopedia. It is up 75% since last march, but I feel this has a substantial way to go yet and could be due a proper rerate before long, although not cheap on current figures. Surely they will be revised and smash short term target £1.25 .
Final CLN done and dusted. Quite a milestone. Quite a bit of buying last few days. Seems like we've been treading water for a considerable time. The £400,000 per year interest payment now gone.
this is good I guess ,,,, Herald Investment Management Limited takes a
5.73% ; 54,849,215 total voting rights stake
I think and hope this is a good call by the company. It was their decision to pay of the rest of this debt and means we now have a debt free cash generative company at the expense to shareholders of just over 10% dilution. Interesting to see how the market views this. 12 of thirteen holders took share conversion rather than cash. Well you would at 68p a share. If they want to offload I doubt they could do it in the market. They could find institutional holders, but I suspect they will mostly want to hang on to the shares as they know this is a great investment. Might also have suppressed shares going any higher recently. I see this as a positive for the medium term. I can't see Mr market taking to dim a view unless people get hold of the wrong end of stick and panic sell. In which case I would pile in.
Cyber security looks like this could be an even better year especially for British companies. Huge untapped potential
Yes it is good. Imagine the reaction to share price if they land another $2 million contract.
Hopefully this can lead to a follow up order.
This has be on the radar of larger companies am hoping see a bid made for this company at some point.
Great!!
Intercede, the leading specialist in digital identities, credential management and secure mobility, is pleased to announce a new contract win with a large US defence contractor. The initial order totaling $0.2m includes MyID Enterprise software licenses plus associated support & maintenance and professional services.
This contract win is noteworthy, not only because another top 10 US defence contractor has selected MyID to help secure their mission critical assets, but also due to the short lead time involved which was less than three months from initial Partner introduction to receipt of order.
Just watched Fincap webinair. They admit to operating at the top of the pyramid in terms of the kind of customers there service and are currently looking to unlock the lower bigger market which was part of the reason behind joining FIDO. Could be news later this month or by end of year. Maybe plans slightly stalled by COVID in terms of new contracts but that means there could be significant growth next year as well as earnings weighted towards H2 anyway. The numbers were small, but basically cash and profit doubled so that will be magnified by new contract wins. Has been a turnaround stock with a bit of a jam tomorrow tag. Looks like that tomorrow is much closer now.
As expected 9% rev up. Encouraging signs, Cenoks raises target to £1.25
Chuck Pol, Chairman, said:
Intercede has delivered continued growth during a period of worldwide social and economic turbulence; revenues are 9% higher and operating profits and cashflows have substantially increased to deliver significantly higher gross cash balances thereby demonstrating the relevance and resilience of Intercede and its MyID Platform.
on the up again. Presentation in a couple of days, or some xtra news on the previous update. Encouraging signs
Yes more good news the coffers being added to. Gotta take your hat off to these guys. Onwards and upwards
This is actually very good news although partly old news, especially that most of it will be in the balance sheet for this years trading. Look forward to presentation:
Further to the contract win that was announced on 30 July 2020 and the receipt of an initial progress order that was announced on 20 August 2020, Intercede, the leading specialist in digital identity, credential management and secure mobility, is pleased to announce the receipt of a follow-on purchase order totaling $2.8m. The order includes software licenses and associated development, professional services and support & maintenance; the majority of which will be recognised in the current financial year ending 31 March 2021...
Yes its held up well tonight. To be fair it was on the rise before Paul.s (small cap forensic investigator) comment about it being his second biggest holding and expects Multi-bag sp. He and others have been saying favourable things for sometime now. Well worth joining, highly recommended IMO. It doesn't keep breaking down either. On IPG current business its not really that cheap at pe ratio of 44 with growth forecast of 9% for year. What is amazing is the net gearing of -415 I think from memory and the plan to ramp up revenue. It has been a great turnaround story so far and well on the way to recovering an sp to or passed previous highs. Fingers crossed for a lot more
Is in sight now. Small free float here and directors well loaded up. Profitable business with growing bank balance. Company valuation still cheap IMO
Think there was some guy from Stockopedia made some positive comments as well.
I get so confused with the terminology. So we've just had an update with has told us what the interims are going to be but with a presentation on Nov 26th. Is there some added news as the sp rise suggests?