"MARKET MINNOW: ID card maker Intercede could yet turn out to be a winner for investors despite hiccups"
Even Parris says it in his statement as I mentioned - "Intercede is reducing its dependence on single geographies and sectors which will position the Company well for what promises to be a period of potential growth.
Should have done this much earlier. The market has caught up with MyID.
Update from finnCap on Intercede's profit warning:
"Intercedes trading update reports a slow start to the current financial year (ending March 2017), with delays continuing in the receipt of anticipated licence orders from both new and existing customers. Revenue is now expected to be lower than last year's record sales of £11.0m, and we review forecasts accordingly. Net cash at year-end is expected to remain robust, at £2.0m. We review our target price to 120p (190p), with share price recovery dependent on proof of execution in both the established MyID and prospective MyTAM and RapID product sets."
"Intercede has reported prelims in line with the April trading update, detailing revenue growth of 25% to £11.0m. Forecasts continue to assume 30% growth into FY17 and FY18 in line with the board's strategic ambitions to 2020, and a target of EBITDA and cash flow breakeven as profit is reinvested in further R&D. With new products MyTAM and RapID generating less than 5% of revenue and material growth all therefore currently derived from the existing profitable MyID product set, we look forward to growth and newsflow in..." finnCap note out this morning on Research Tree
There is strong double-digit revenue growth in both S & M (11%+) and Professional Services (22%) over the past two years which is encouraging. However, the drop in licencing revenue has been dramatic and quite a set-back.
If we accept the explanation of US government cut-backs and delays then it is possible, as you say, that 2016 will show a marked improvement.
Given the investment in staffing and the buy-backs the cash burn is not too bad. Whether the buy-back programme is a sensible use of resources at the moment is questionable as it has done nothing for the SP.
As the use of digital content grows so will the digital security market. Let's hope Intercede can get their licencing mojo back or someone will pick them off quite cheaply.
Returned to this share. Sales cycle is usually long and drawn out. Security is a significant aspect of most major businesses today. RP moves in the right social circles. He.s been most upbeat, but he.s had a little egg on his face after his earlier revenue targets were missed. I expect these to land ...at some point. SP been.s battered..too much ..gla.
Can penny shares be 'shorted' ?
....Yes , all the time...but the mm's need to 'borrow' your shares to enable the 'bet' to be transacted. IT's a bet rather than an investment and CANNOT 'win' for the 'shorter' unless the price falls.!
IF the stock looks healthy and unlikely to fall, then the shorter will almost certainly 'lose'.....unless he can 'help' the stock down....Now how the hell can he possibly do that ?
* OFF TOPIC but important that all AIM investors understand the pitfalls of investing in stocks that are being shorted down to rock-bottom levels?
So you think that is 'cute', now you can buy at the lowest sp for months?.........you've gotta be kidding...read on:-
~ *3,993 voted so far ~THEY CAN'T ALL BE WRONG?
(That's a lot of irate investors?)
# Thanks to all those that have supported this HMGovt epetition !
Many pi's are questioning the validity of 'short selling' and are voting in their thousands....the people have spoken, they are feeling hurt and disenfranchised.
The 'not so quick' and 'unsavvy' cannot be blamed for having their life's savings 'shorted' away just because they cannot spend hours on end glued to their computer screens. Having to work during trading hours, investors cannot keep in touch with hourly movements on stocks that they have chosen for their retirement and had them locked into ISA's. What gives shorters the given right to play down stocks at their own leisure thus profiting at everyone else's loss....on perfectly good stocks with sound fundamentals?
..campaign heading for 4,000 !
HMGovt epitition to make short-selling illegal (or better regulated?)
Could be the sp will recover back to recent highs....? Great progress until pi's took some profits, the sp should continue UPwards, now ?
Sincere thanks to all that have voted so far !
Campaign against organized short-selling......
..... and more control on unjustified deramping/ramping?
did ya vote, now at 3,628 votes (they can't all be wrong?)
No one hears 'whispers'...it's just another ruse to get pi's to buy or sell ?
Watch out for the very 'nice' posters that are 'sympathetic' but constantly use phrases like "sorry to say"... "going down, i'm afraid"...."Oh dear".... "told you so" ... "placing on its way, more dilution"...."News on its way"....."there must be a leak, it's a duster"..."been in this for years and still losing money"....."the BoD stinks"....."whispers from the City".....
.....IF they're about it's a cert they'll panic out 'long holders'...?
."whispers from the City"...."take-over rumours" ......pure ramping, to get investors to BUY !
That's what i call a nice half yearly report, especially like this bit -
During the period, Intercede advanced the use of MyID to manage digital credentials on Windows 7, Windows 8 and 8.1 mobile devices to enable customers to deploy virtual smartcards onto tablets, laptops and phones equipped with TPM technology. These solutions were demonstrated at an invitation-only CESG security event on 14 October 2013. Working with the Microsoft sales channel, a number of opportunities are in the late stages of contract negotiation.
I think you need to get back in....go on.....for old times sake.
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