Re: Good news this morning Having read your first statement, and then the source, I was beginning to think that here was another case of something technical I dont understand - a more and more frequent occurrence these days. Then I read your second comment, and it doesnt look like that at all. Lts hope that is the end of it...and Blanco can go on making us some more money, rather than handing it all to the lawyers.
Re: Good news this morning Actually, looks like the other way round on re-reading it. The quote at the end makes it somewhat of a pyrrhic victory.....if that.The good news I suppose is that at least it's out of the way now.
Good news this morning Looks like ITRenew's litigation was completely spurious and has been dismissed:[link]
Review of Capital Markets Day Stockdale Securities also had this to say last week whilst I was on hols:"Blancco Technology Group 296p; Mkt cap: £172mBlancco Technology is a software company focused on mobile device diagnostics and secure data erasure solutions.The company hosted a Capital Markets Day on 9 February, which was well attended by both the buy and sell side. Positive highlights included: (i) Blanccos data erasure solutions, which accounted for 97% of FY 16 revenue (30 June YE), which we believe will continue to see strong demand driven by increased regulation and an increased awareness amongst corporates about end of life data permanent data erasure. (ii) The high barriers of entry both with regards to the core IP of Blanccos data erasure solutions, which have been developed over the course of over a decade, combined with 18 governmental agency standards that Blanccos has managed to get certified for, including the United States Department of Defense, which is the platinum standard of data erasure. (iii) The foray into indirect sales, which was launched in July 2016 to complement its existing sales channel, could be a game-changer for Blancco in the next 3-5 years. Tie-ups with large IT services businesses liked HP Enterprise and Wipro, along with Blancco coming pre-installed on devices by OEMs like HP, Dell, EMC and Western Digital, could possibly dwarf revenue from the direct sales channel.Blanccos IP rich data erasure software, with high barriers to entry, a large addressable market which will continue to grow due to regulation and increased number of devices, have led its share price to increase by almost 25% since the start of the year."
Re: RNS : investor presentation £1.5m of shares traded today and up 17.5p - I think it's safe to say that the teach-in must have been pretty impressive ))A tweet from Equity Development this afternoon backs this up:30m30 minutes ago More $BLTG @BlanccoTech up a further 3% to new high after impressive & well attended investor teach-in for analysts & investors at lunchtime.
Re: RNS : investor presentation Investor Teach-In!!! A new term for Capital Markets Day, or are we going to learn how to invest as well?
Re: RNS : investor presentation Interesting. I'll download the presentation later.Andy C
RNS : investor presentation Good to see BLTG spreading the word....hopefully this will attract more interest over the coming weeks:[link] "INVESTOR TEACH-IN Blancco Technology Group Plc (AIM: BLTG, "Blancco", a leading global provider of mobile device diagnostics and secure data erasure solutions, is today hosting an investor teach-in for analysts and investors in London. No new material information or update on trading will be provided. A copy of the presentation will be available to download from the Blancco Website at www.blancco.com/investors/investor-center later today."
Re: RNS : CFO buys £51,000 of shares It concerns me that so few on the Board own equity in the firm
Analyst targets have lots of upside Peel Hunt say Buy and have a 340p target:[link] Panmure Gordon also say Buy with a 326p target:[link]
New highs on Friday Great close on Friday - new highs and a series of Buy trades at 245p during the afternoon.Hopefully set fair for more this week.
Re: RNS: trading ahead of expectations Peel Hunt reiterate their Buy and 326p target today.
RNS: trading ahead of expectations Trading update - results to be ahead of expectations and H1 trading strongly ahead ))Clever of them to say "modestly" ahead at this stage as there's still some time to go to the year end, as this gives them leeway to further upgrade assuming the strong trading continues to 30th June - which they hint that it will given their confidence going forward:[link]
RNS : CFO buys £51,000 of shares Very encouraging to see the CFO make his maiden share purchase, buying a whopping £51,000 at 225p:[link]
Excellent AGM trading update today "The Board is pleased to report that trading continues to be strongly ahead of the same period last year and is in line with market expectations"