Member Info for Rocka999

I can actually see that robot used in drinks dispense at pubs, bars and restaurants..............

I notice Simon has refrained from commenting on the two ugly sisters (AD4 & IDE) and just mentioned Redcentric in passing

Still we're back in profit, undervalued right now and going in the right direction at last

I agree, big improvement moving forward

I wish they would sort out IDE and AD4 though, like two lead weights

I've got £1.70 penciled in as a short term PT so not far from that now, it should be achieved today imo and then up to £2 hopefully mid term

If I read it right this will be circa £42 per share in 2024

I'll wait for the scoffers to arrive but just remember that no one believed this would get to £14 per share over 5 yrs ago and here we are, also Ocado are diversifying into other areas now away from grocery

I see Ocado had suffered a shareholder rebellion over directors remuneration at the AGM, theyre going to engage more regards incentive plans in future were told !

Quarter of the shareholders that had voted opposed the remuneration policy and report, while a similar proportion did not support the Ocado “value creation plan”, a long-term incentive scheme that could see co-founder and chief executive Tim Steiner collect £100m if the company’s share price TRIPLES over the next five years. (They achieved their target under the last 5 yr plan btw)

Gresham Technologies the UK provider of real-time, transaction control and data integrity solutions, has issued a bullish statement from its chairman, in advance of the company’s AGM later today. The announcement highlighted that Gresham has made an excellent start to its new fiscal, buoyed by two Q1 deals with Tier 1 banking institutions (previously announced), for its Clareti software platform (see: Gresham announces £2.3m Tier 1 Clareti win).

Gresham indicated that, over their term, the two recent Clareti bank deals, will account for more than £7m of new software revenue and add £1.4m to annualised recurring revenues. The company has also signed services contracts in respect of these two implementations that are expected to be worth more than £500k, with potential for incremental revenues. Gresham has also signed up three other, new Clareti customers this year, including one Clareti Multi-Bank contract and two Clareti Transaction Control contracts.

The latest announcement is more good news for Gresham, which has bounced back strongly from a dip in its fortunes last year (see: Gresham rebuilding confidence). The transformation occurring across the financial services industry, is gaining pace within capital markets. Institutions are seeking to reduce costs, replace outmoded processes and technologies, and in particular to modernise their approach to data. Gresham’s ambition is to establish Clareti as the platform of choice for reconciliations in capital markets. Notwithstanding the quality of the offering, current references often breed further success, and the sales momentum Gresham is building up should auger well for its future prospects.

I'll be honest, I don't think the market has grasped the enormity of what's going on

I'm watching carefully though as they have a habit of shooting themselves in the foot here

On the move at last, lets hope they've learned their lesson...................................

Not just one then, we have two :)

Small matter of cash and lack of it Redge, have you also noted how many shares the BOD actually own, always a good sign (or not) !?

On a brighter note the technology is great and its potential is yet to be realised, but it won't be today unfortunately

Plenty of buys going through now

It appears (my head now on the block) that there is a further acquisition imminent now further funding is in place, it can only be a matter of time, especially as we're now one year on from the last !!

Shorts never win out here, they come and go with their visions of doom

Come back next year, couple of things to watch further dilution on top of what's been announced and also the shareholding of the current BOD, not what I'd call in at the deep end exactly?

Not worth investing yet imo

I believe this would signify some significant borrowings from the bank, watch this space !

I see two charges have been registered today by Natwest the "Security agent" and MXLG as the "chargor"

Could soon see some action at long last imo

There's been some unrest among investors regards Tim's £100Million bonus which does seems bit exorbitant even despite the meteoric rise in the SP of late

So a bot with a plastic lid caught fire causing the devastation that followed, the plastic lids have now been removed!

Holding its own for now