sharegardener
09 Jan 2018
FY trading update - all good! ''In line with market expectations'' - well, we have been expecting a lot! Clareti annualised recurring revenues up 24% which should translate into decent cash flow. Widening customer base for CTC with 15 new clients across diverse geographical regions. Uptake of their other software (Analytics) also good but no mention of CLC (clareti loan control) which is still under development.Year end cash £8.5M and debt free. From Mar 2017 finals ''the board's firm intention remains to declare a maiden dividend in respect of the financial year 2017''. No mention of that today but I assume its still on the cards.Kestrel still hold almost 15% of the shares and Canaccord Genuity are at 8% so the SP is likely to move up a bit on fairly small volumes.It will be nice to hear more detail about their R&D but they are moving forward steadily in their aim to be a 'global sustainable business'.Best Wishes to all holders!SGnote to ii - in Chrome, the company tabs (summary, news, discussion etc) are covering the buy/sell rec buttons!
IOMINVESTCOM
30 Dec 2017
Re: Nice contract win Hi SG, Totally agree with your thinking as yesterday did start to show signs of life from being flat at 1.72.Well done on your purchase.atb
sharegardener
29 Dec 2017
Re: Nice contract win I thought something was brewing yesterday when the SP closed up at 180p. Fortuitously, I put in a buy order for the open this morning and got in at 181.5p. Volumes are low overall.The timing of the contract announcement is slightly odd in that they could have waited till the prelims due on 9th Jan.I have seen some companies put out a 'good news' announcement ahead of results to deflect from underwhelming performance. With GHT I'm hoping for more upbeat news at least 'in line with management expectations' and they may confirm a maiden dividend. It will be interesting to see what progress has been made with the development of CLC beyond 1.0 (was expected in Q4 2017) and where the year end cash position is.Best Wishes to all holders for 2018SG
IOMINVESTCOM
29 Dec 2017
Nice contract win Looks like the SP is about to test all time highs:-[link]
peapodpicker
08 Dec 2017
Re: SP move this may have something to do with it[link]
filidend
08 Dec 2017
SP move This is a large move without any announcement. Does anyone have an idea what is going on?
mortgagefreeman
05 Oct 2017
Re: Q3 Trading update Explains the sharp spike we had of 22p. I knew there had to be a good reason for it.
sharegardener
04 Oct 2017
Q3 Trading update A fairly brief announcement but interesting that there has been another CTC customer win since the last RNS at the end of Aug:''During the third quarter of 2017, the Group signed two important new Clareti Transaction Control (CTC) clients in the US market, the first of which, a regulatory control deployment, was previously announced on 29 August 2017. The second win is with the US capital markets division of one of Asia's largest financial services firms who will use the technology to replace manual intensive data integrity checks and enable senior management to certify and be accountable for the quality of its trading related data.''All looks encouraging - and the prospect of a maiden divi still on the cards.SG
lastminute-world
27 Sep 2017
Re: Testing highs very soon I think support levels are 180 161 150 120 110 and then 90... Please do your own research.
Vipers Ox
25 Sep 2017
Re: Testing highs very soon I think today we will find the support level - Will be interesting to see who the new buyer is when they did thier head above 3% or in some cases 5%....
Vipers Ox
14 Sep 2017
Re: Testing highs very soon Big institutional trades going through - the seller will have wanted a premium for volume so I would expect the price to drift downwards when the buyer has reached his fill. However should the buyer be predatory or a 'big name' this may well boost the SP in the short term but again a drift until further news short/medium term. The only proviso is that this is challenger to champion year - perhaps this is a mega deal they have been working on for some time, a reverse takeover of a company with enough boots on the ground to cope with CTC demand or as previously alluded to a predator who is fed up with seeing a relative minnow providing a far superior product to their own offering. All in all within a few years I wouldnt be surpised to see GHT with a market cap of 500m +All my own views and speculation.....
IOMINVESTCOM
08 Sep 2017
Testing highs very soon Looks like the recent 188.50 high (25th July) going to get tested with a potential another leg higher.[link]
sharegardener
29 Aug 2017
Another contract in N America Further RNS today on new Tier 1 bank customer contract for CTC. (Now 3 in 9 months)''The client has selected the Clareti platform to support their global regulatory control framework, and ensure the integrity of regulatory data and associated reporting processes. The initial implementation will be within the customer’s US capital markets business with the potential for deployment across other jurisdictions in the future.''A foot in the door - with further roll out if they take to it. Tiny volume traded resulting in 4p SP rise. SG
mortgagefreeman
05 Jul 2017
2 cheap growth stocks I'd buy in July 2 cheap growth stocks I'd buy in July[link] Motley Fool 5 Jul 2017, 13:40 While there is a considerable amount of doom and gloom around at the present time following the EU referendum and the general election, there are still growth opportunities available for long-term investors. Certainly, the UK's economic outlook is less assured than it was a year ago. However, some stocks continue to deliver high growth prospects at a reasonable price. Here are two such companies which could be worth buying right now.Growth potentialReporting on Wednesday was software and services company Gresham Technologies(LSE: GHT). It announced a rise in revenue of 26% compared to the first half of the previous year. Within this figure, total Clareti revenue is 52% higher. This includes the contribution from recently acquired C24 Technologies. Clareti software revenues were up 136% versus the same period of the prior year, which means adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) will be strongly ahead of the prior year.During the first half of the year, the company signed eight new CTC clients across a wide range of industry segments and geographies. This should help to improve the diversity of the business, thereby reducing its overall risk profile. Given that the company continues to trade in line with previous guidance, its outlook remains relatively upbeat.Looking ahead, Gresham Technologies is forecast to increase its earnings by 27% in the current year. This growth rate is around four times that of the wider index, and suggests that investor sentiment may improve as the year goes by. With a price-to-earnings growth (PEG) ratio of just 1, the company appears to be undervalued given its outlook. As such, now could prove to be a buying opportunity.
sharegardener
05 Jul 2017
Solid trading update H1 pre-release numbers look good and 'in line' with management expectations'.Full interims on Tuesday 25th July.More important new customer wins in H1 as explained also in the RNS 2 days back. If this rate of market penetration is maintained, then 200p not far off. The software is pretty much selling itself - although Im sure the sales team are doing a good job too!A fair number of shares are tightly held and this will drive up the price on good news. Unrelated point: Kestrel holdings have gone above 25% on Brady (a software Co. specialising in the metal exchange), Im watching that one with interest.SG
