gretel
05 Apr 2017
IDEA featured in Gartner report IDEA are featured by Gartner for the first time in their new Document Management Software report. This is very positive and a sign that IDEA are now coming onto the industry's radar:[link] make Capterrafs Top 20 list for Document Management software04 April 2017 Ideagen have been ranked 12th in the eTop 20 Most Popular Document Management Softwaref report by business software advice service and comparison website, Capterra. The report, which is presented in an infographic on the Capterra Document Management Software directory ðj, measured and ranked software based on the number of customers, users and the social presence of the organisation. Capterra are owned by technology research and advice experts, Gartner ðj, and are part of their Digital Markets service which helps organisations to find business software which matches their requirements."Ideagen was a new addition to our latest update of the Top 20 Most Popular Document Management Software report. Capterrafs Market Score is a non-revenue based representation of a companyfs market share, converted to a 100 point scale," said Rachel Wille, Senior Product Research Analyst at Capterra. "The Market Score takes into account a productfs customer and user base, along with social presence and Capterra reviews. Ideagen was able to rank in the top 20 in part because of their strong user base." Ideagenfs document management solutions help organisations to eliminate paper-based systems and provide immediate access to the correct information at the point of need. Its software proves foundational for document control in the management of quality, compliance, safety, audit and risk management. Ideagenfs document management software portfolio, which includes Q-Pulse and the recently re-branded Coruson, boasts over 1,800 customers and around 116,000 individual users. Flagship clients of the software include BT, Virgin Trains, Anthony Nolan and over 75% of the NHS."
gretel
31 Mar 2017
Yet another contract win [link] Group chooses Ideagen Pentana to boost internal audit practices21 March 2017Chiesi Group, the international, privately-owned pharmaceutical company, is to implement an internal audit software solution to enhance its auditing operations worldwide.Ideagen Pentana, an audit automation product from Ideagen, will monitor Chiesi’s internal control processes to ensure the firm is performing against corporate objectives.Chiesi’s internal audit team is responsible for assessing the efficiency and effectiveness of the organisation’s processes, providing assurances and consultancy services to management.Pentana will provide Chiesi’s auditors with one centralised system complete with web capability to ensure data can be captured and accessed while auditing Chiesi’s 27 sites globally.etc"Chiesi are big:[link] a turnover of more than €1.4 billion sales we are among the top 50 pharmaceutical companies in the world."
Willow67
30 Mar 2017
Re: RNS : new airline contract wins Yeah thats impressive stuff isn't it, especially the first sale of this Coruson product. Impossible to know how these RNS's translate into results but as a minimum I think we can conservatively assume their organic growth is continuing nicely in the 15-20% area. If they can take on these larger contracts and combine this sort of organic growth with acquisitions at the right price I don't see why we can't be looking at EPS of 4.5p for 2018 which would justify a share price of 100-120. As always I'm wary about the valuation but I might add yet again on any pullbacks.
gretel
30 Mar 2017
RNS : new airline contract wins Good news. I'd assume IAG is one of them, but the other must be even newer.IDEA certainly seem to have a dominant position in this growing sector. And this just adds to the recurring, secure revenue streams over the next 5 years. Lovely stuff:[link] Aviation SaaS contracts worth GBP1.8m Ideagen, a supplier of information management software to organisations in highly regulated industries, is pleased to announce it has secured two new SaaS contracts from leading Tier 1 global airlines. The combined total contract value is approximately GBP1.8m which will be recognised over 5 years. Both airlines will adopt Ideagen's cloud-based safety and reporting software product, Coruson, to implement a safety and risk management system across their operations. Coruson, a SaaS software product, will enable both airlines to proactively manage safety and security and provide staff with a mobile incident reporting application. These contracts strengthens Ideagen's position in the aviation safety sector represent the first sales of Coruson which provides, a scalable and fully integrated safety platform, to Tier 1 airlines. The company already provides software and services to over 100 regional and national airlines including Emirates, KLM, Thomas Cook, Brussels Airlines, Spirit Airlines and Air Transat. David Hornsby, Ideagen's Chief Executive Officer, said: "Across the aviation industry, we continue to see strong new business demand for our software and we are confident of further extensive growth in this particular area. These contracts represent a significant milestone for the Company and are testament to both our product innovation and ability to successfully engage with larger organisations in aviation and beyond."
Willow67
28 Mar 2017
Scale of the opportunity This is worth a read:[link] is particularly interesting to me about the PleaseTech acquisition is that most of its sales are in the U.S. I'm sure Hornsby will continue to bolt on UK businesses but he is very clearly looking to expand geographically (he also wouldn't have bothered with the tiny Logen acquisition if he wasn't) and company spending on cybersecurity is only going in one direction.
gretel
27 Mar 2017
"Major" new contract win with IAG announced today. Perhaps they could have announced it as an RNSNON even if it wasn't quite material enough to be a full RNS? Anyway, it's certainly impressive:[link] a supplier of information management software to organisations in highly regulated industries, is pleased to announce it has secured a contract to provide International Airlines Group (IAG) ðj with a safety and risk management and reporting software solution. IAG, parent company of Aer Lingus, British Airways, Iberia and Vueling, will adopt Ideagenfs cloud-based safety and reporting software product, Coruson, to implement a safety and risk management system across the Group. Coruson, a SaaS software product, will enable IAGfs portfolio of airlines, cargo operators and maintenance repair organisations to proactively manage safety and security and provide staff with a mobile incident reporting application. The IAG contract strengthens Ideagenfs position in the aviation safety sector. The company already provides software and services to over 100 regional and national airlines including Emirates, KLM, Thomas Cook, Brussels Airlines, Spirit Airlines and Air Transat.etc"
Willow67
23 Mar 2017
Re: Big earnings-enhancing acquisition On reflection, I am slightly surprised they raised pretty much the full acquisition cost through a placing. Yes it brings in new larger shareholders perhaps, but they have £5m+ in the bank and no debt. Perhaps a £5-7m placing was too small...
Ripley94
23 Mar 2017
Placing @ 75p well willow you wondered about the sharp fall yesterday . can not easily see what type of placing this was does not appear to be a book build.wonder if it was "subed" out to Beaufort or another like them .
Global Nomad
23 Mar 2017
Re: Big earnings-enhancing acquisition bought back in this morning.
Willow67
23 Mar 2017
Re: Big earnings-enhancing acquisition And the fact they can get the placing away easily without much of a discount shows how well regarded the company's prospects are by institutional investors. Good news for sure and v glad I got back fully invested before this happened!
gretel
23 Mar 2017
Finncap have new 98p target price Finncap have increased their target price to 98p (from 78p).....
gretel
23 Mar 2017
Big earnings-enhancing acquisition Big £10m earnings-enhancing acquisition - and funded by a placing at 75p 
))I suspect the share price will soon be back to 78p-80p.Based on the PBT figures for 2015, I suspect the 2016 figures see PleaseTech acquired on a historic P/E of only 9 or 10. the time the CEO and CFO leave during the coming year to 30/4/18, and with other savings etc, the P/E will probably drop even further.Lots of recurring income, and high overseas income too, which should bring in currency benefits this year.The placing was also oversubscribed enough to allow the CEO and some directors to slot some options and shares, which I don't begrudge at all given their success over time.Excellent news all round.
Willow67
22 Mar 2017
Re: Sold 1/3 I just bought back the shares I sold recently at 80p at 71.75p now the shares are back at what feels a more realistic level. Pretty sharp fall today, so hopefully nothing untoward going on.
gretel
15 Mar 2017
New contract win [link] quite sizeable - worth noting:"The a2 Milk Company (a2MC) ðj, the international dairy nutritional company, is to roll out a cloud-based software solution from Ideagen as its global quality management system.Ideagen Coruson, Ideagenfs Governance, Risk and Compliance (GRC) software solution, will be implemented across the companyfs sites in Australia, America, China and the UK."
valuemanbuyer
02 Mar 2017
Re: RNS:new major shareholder No afraid not
