Member Info for Rocka999

oo'er :)

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our T&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. https://www.ft.com/content/f493d7c4-d9a0-11e6-944b-e7eb37a6aa8e Gresham, the financial software company that serves banks, said on Monday it expected revenues to rise 16 per cent year-on-year to about £17.2m for 2016. The company, which has revitalised itself over the past two years with a new chief executive, provides software that verifies and validates transactions, and maintains the integrity of sensitive financial data. In 2016, it made strong headway in new markets such as the US, according to analyst Cantor Fitzgerald. Cantor said it expected the group to “enter a period of strong revenue growth that . . . will likely move the stock from the sub £100m market zone once and for all”. Last month, Gresham signed its first contract through its New York office with an unnamed US “tier 1” bank for its transaction control product. Although Gresham had a fairly uneventful year on the stock market in 2016, its shares are at a 10-year high of 155.6p.

1.7 paid, looking good

The rise continues unabated :)

Now on my watch list although I may have missed the boat recently !

Graham Bird managing director on 2017 prospects:- "one which I don't own at the moment but we're looking at is Redstone Connect" "well placed to benefit from growth in smart buildings, connectivity and infrastructure spend" "strong position in the UK market" "interestingly positioned around those technology trends"

blimey guv, my informative posts regards Gresham have been removed basically they're taking a look here with a view to invest

I tipped this last July as one to watch, hasn't let me down :)

slippery little bugger :)

directors talk interviews

*************interviews

https://www.***************************/graham-bird-gresham-house-strategic-plc-fund-manager-week-interviews/412720874 about 8:28 in

Okay only me posts here, now up 71% in 5 months :)

Stop nicking my jokes SL !

Could be a good end to the week :)

Could be a shake, looking for shares

Spread has opened up again also

AIM-listed IT services provider Adept4 (formerly Pinnacle Technology Group) posted preliminary revenue of £4.9m for FY16 (66% recurring), with what looks like a very positive set of second half results helping trim losses to £600k in the full year. The company recorded a £700k net loss on £830k of revenue in the first half, indicating that a sweeping transformation involving the disposal of its legacy loss making businesses and acqusition of three others in 2016 has enjoyed some early success. The influence of tech merchant bank MXC Capital is clear to see and Executive Chairman Gavin Lyons has helped steady the ship with a round of locatoin and back-end system consolidation. Despite all the upheaval Adept4 has kept hold of some big customers, resigning a ten year service contract worth a minimum of £6m with one client. Further acquisitions funded by a £4.8m placing and £5m loan from the Business Growth Fund are on the cards as Adept4 looks to complete its turnaround and expand its SME customer base. Clearly the company is in much better shape than it used to be, but Adept4 will rub shoulders with both rival MSPs and cloud service providers as its continues its transition to a more cloud-orientated “IT as a Service” delivery model and will need to work hard to deliver competitive differentiation and value to price conscious clients.

Looking solid and a good base to build on, plenty of cash at the bank so no placings to worry about, as pointed out recurring revenue streams should be the focus rather than one off contracts which can be hit or miss.

I hope Merlin can work his magic here (apologies couldn't resist) As he'll be setting the strategy we could be waiting round a while for the results of his endeavours to come through into the numbers, as I said it's still early days here and I can't for the life of me see the SP going any lower now.