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Gresham Computing plc (LSE: "GHT", "Gresham", "Company" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions will today host its first Capital Markets Day at its Innovation Labs in Bristol. No material new information is being presented at the meeting, and a copy of the Capital Markets Day presentation will be made available via the Group's website following completion of the day's activities. Key points of the presentation will include: · Group progress against strategic plan. · The launch of Clareti Loan Control, a new loan servicing application developed on the Clareti platform. · Integration plans for C24 Technologies Limited. · Plans for a new application, Clareti Data Accelerator, to address the growing need for institutions to understand and control the quality of their data on a holistic enterprise basis. This follows a successful proof of concept with a UK Tier 1 bank. Gresham will also announce that it intends to change the name of the Company, subject to shareholder approval, to Gresham Technologies plc. The change is planned to be effective from mid-November 2016 following a shareholder general meeting which will be convened in due course.

Oops wrong BB !

Gresham Computing plc (LSE: "GHT", "Gresham", "Company" or the "Group"), the leading software and services company that specialises in providing real-time transaction control and enterprise data integrity solutions will today host its first Capital Markets Day at its Innovation Labs in Bristol. No material new information is being presented at the meeting, and a copy of the Capital Markets Day presentation will be made available via the Group's website following completion of the day's activities. Key points of the presentation will include: · Group progress against strategic plan. · The launch of Clareti Loan Control, a new loan servicing application developed on the Clareti platform. · Integration plans for C24 Technologies Limited. · Plans for a new application, Clareti Data Accelerator, to address the growing need for institutions to understand and control the quality of their data on a holistic enterprise basis. This follows a successful proof of concept with a UK Tier 1 bank. Gresham will also announce that it intends to change the name of the Company, subject to shareholder approval, to Gresham Technologies plc. The change is planned to be effective from mid-November 2016 following a shareholder general meeting which will be convened in due course.

SP is being dragged down?

“C24 Technologies are leaders in standards based financial messaging and integration solutions with a loyal global customer base,” said Gresham CEO Ian Manocha. “This acquisition supports the group's strategic plan for Clareti-led growth, further builds our recurring revenue base, and will accelerate our innovation agenda.” C24 co-founder Stephen Miller said that In Gresham, the company has found a “committed and experienced” partner to support its global customers and realise its future ‘C24 Data Platform’ vision. “Gresham's Clareti platform is regarded as industry leading, and our technology and expertise will further strengthen its position and opportunity in the market.”

Tomorrow’s analyst day for Gresham Computing had already promised much as this specialist provider of transaction control and data integrity solutions sets out more detail on the rapid and international growth of its Clareti Transaction Control Software and shows off its new Innovation Lab in Bristol. But the day is given added spice following the news that Gresham is buying C24 Technologies Ltd, for £4.6m. C24 Technologies, founded in 2000, has 35 Wholesale Banking clients for its financial messaging and integration solutions which move data quickly across the enterprise and financial ecosystem. In 2015, the company delivered £1.97m of revenue and operating profit of £230k. Stephen Miller, Chief Product Officer and one of the three vendors will move to Gresham’s Innovation Lab to build Gresham’s fast data portfolio. A small placing, for £3.3m, will fund the initial consideration for the deal. Gresham expect the deal to be earnings enhancing in year one. Gresham has made significant progress over the past couple of years, see here and work back, culminating in H1 figures showing 46% growth in Clareti revenues, with good growth in the US and from its cloud-based proposition. A major driver of growth is the explosion of data within banking businesses, accelerated by new trading technologies and more rigorous regulations. Gresham will see that C24 Technologies’ solutions can manage the data flows within customer enterprises more efficiently and speedily, enhancing the benefits generated by Gresham’s solutions and connecting its platform to industry-wide messaging networks. This should open up many new customer opportunities, increase technical resources and credibility and drive greater share of wallet. There is also the real benefit of cross-selling into C24 Technologies’ customer base. This looks like a well-thought out deal and makes for an interesting visit tomorrow.

The aim would be to get higher margin goods into the basket which they're nibbling away at now, the possibilities are vast

Soon be back to square one regards shares in issue

A smart move ! http://www.channelbiz.co.uk/2016/10/04/ocado-sells-smart-home-products-alongside-food/

The chips Arms Holdings produce will be found in everything in the future (that's Softbanks investement theory) and I agree with them. The directors who sanctioned the takeover need shooting for being so short bloody sighted !

http://www.proactiveinvestors.co.uk/columns/the-rfc-ambrian-metals-mining-and-oil-gas-overview/26107/in-the-news-base-resources-26107.html Great article if everything comes to fruition here

We know the IoT is going to be huge which is why Softbank paid £24 Billion for Arm Holdings earlier this month (a national tragedy)! Ocado are in a prime position to exploit the opportunities like your fridge ordering the milk itself or the washing machine ordering it's own wash powder from Ocado without you even having to think about it. Manufacturers will certainly need to work smarter to incorporate the innovations ahead.

Grocers will have to decide which channel they wish to operate in during this bout of disruption to the grocery sector. ALDI and LIDL haven't gone for online delivery as they couldn't make it pay on their tight margins. Whilst the big four try to bring their prices down to compete they're playing into the hands of the Germans. You can't sustain lower and lower pricing to compete whilst offering the luxury of online deliveries which are on the increase as we know. Tesco put up their delivery charges and have suffered the consequence. The cushion of the bricks and mortar stores which subsidises online delivery is diminishing so Ocado just have to weather the storm for a few years until this plays out to a conclusion. ALDI & LIDL are not directly competing with Ocado as I've said, their main rival will be Amazonfresh which has hardly got going. As competition diminishes prices can be increased and margins will then recover.

Watched the business news this morning regards Sainsburys which just reiterates what I posted last night. I like Sainsburys move for Argos though as it shows they understand what's going at least and are trying to do something about it.

"Outperform" and PT £4.10 on Monday I'm still doing LSE's job for them (Admin) !

I've seen a few of these of late, especially with Kestrel as the buyer, a good omen imo !

At least you're not alone now, the Fool and Hool go nicely together don't you think? Anyway on a more serious note, they're only asking the question based on Tim's statement which I believe I've already addressed and which he is obliged to warn us shareholders of. Any price war (which affects margins) is a race to the bottom and if you're not careful you're finished. A price war can't and won't last, we're only seeing it now as ALDI and LIDL are going for the land grab thanks to the greed of the big four who have let them get established. I've always stated you can't fight wars on many fronts and remain unscathed, multi-channel is an expensive game. Our German friends are slowly but surely eating into the big fours market share and will continue to do so for years to come making them weaker and unable to compete. There will be consolidation in the sector at some point, it has to come. The discounters will not be in direct competition with Ocado, Amazon are the threat as Tim has always maintained, but not from what I've seen so far!

And that's the way to play this for now

Not today....

Always suspicious of good news as it's a prelude to something else !