Member Info for Essexman22

It's a speculative buy, but if this technology is proven to cost effective then the sky is the limit. To make the green revolution viable you need a solution on how to storage the energy generated for future use. Ceres maybe that solution. I purchased yesterday. For a wider exposure to this market consider BATG an ETF

That sort of petulant attitude indicates you will always remain a loser with regard to investing.

Shall we just stick to PRSM on this thread, down 10% on Friday down another 6% today. What is that telling you?

So no one is prepared to argue my prediction is incorrect. You keep buying/holding PRSM and you will keep losing money. You do understand the concept of investing to actually make a profit rather than losses?

In the short term PRSM will fall to a support level of around of £6, we will see some upward movement from that point before it resumes it downward trajectory. This share simply has no where to go but down.

PRSM has a lot further to fall, no amount of positive thinking can defy the trajectory this share is on.

For every £1 PRSM spends on product development, Uipath spends the US dollar equivalent of £5.

Uipath has US$1.8bn cash available to fund its business, PRSM has £127m.

The facts and numbers are there for everyone to see, but some see only what they want to see and they become poorer because of that.

Interesting article on Investors Chronicle website regarding PRSM today.

"Chief executive Jason Kingdon describes his business as “still under construction”. But as UiPath cements its position as market leader, supported by a robust, and clearly fruitful, record of generous R&D spending, it may seem a little late for Blue Prism to still be finding itself. What looks like underfunding in product development will eventually start to bite as competition heats up. There have been some slow improvements in this area, but we would like more evidence that the company is able to win and hold onto big new clients with its next generation of products. Sell. "

The article also pointed out that in 2019 PRSM spent twice as much on travel and entertainment then it did on product development.

You can draw your own conclusions on that, but I wouldn't buy these shares.

You are clearly marked siding the point, let's just stick to the facts rather immature mind games. I have no positions or holdings regarding PRSM, just an interest in the RPA market.

Thank you for your interest in my sleeping habits, but you made the fatal assumption that I am in the UK. You need to expand your thought process and adopt a global mindset rather than a narrow minded UK one.

I have some betamax video recorders you maybe interested in

4 years ago PRSM had a greater share of the RPA global market than Uipath, maybe PRSM has a role as a niche player or takeover target. However given the market that it is a player that seems very unlikely. Uipath is dominating a market where only a few can survive. Of course you may disagree, but to me it's obvious PRSM has very little chance of being one of the few.

Over the past 3 years Uipath has grown its market share by 800%, PRSM 25%. It doesn't take a financial genius to work out how this going to end.

You think PRSM can compete against Uipath?

Uipath growing revenue at over 65% year-over-year, high gross margins at 88%, FCF and Operating margins have improved and grown over 100% over the last year. They have a dollar-based net retention rate of 145%, one of the highest within the SaaS industry.

UI Path is currently ranked 1st, a category leader amongst all the research advisory firms like Gartner on Robotic Process Automation (RPA). They have captured a significant amount of market share within a short period.

Because I don't pretend to be an all knowing oracle like some on here. If there is a logical case for investing in PRSM then present it rather than waffling and praying.

To be a successful investor you need to put your emotions to one side, it seems given your response you will never be a successful investor enjoy your self induced poverty

For the life of me I can see no logical case to invest in this company. Buyers are just hoping for the best with fingers crossed.

As a long term follower of CML microsystems I have always found that the board is offering jam tomorrow but never actually delivers on its promises.

I would suggest that price has some way to fall before any improvement is made.

Over the years the company has always great potential, but the management have failed to build on that potential.