Willow67
28 Nov 2017
Worth listening to if you haven't before [link] like this guy; he is very clear thinking and the main reason to invest in this company
Prezza
27 Nov 2017
Break out At days' end hitting high of 95p last seen in June . Decent volume building , supported by steady flow of notification of contract awards assisted by the excellent reporting by Gretel makes the break out more likely than not . Prezza
gretel
24 Nov 2017
Re: RNS: big new contract win Finncap retain their Buy and 108p target price, and note:"The contract for delivery of the Q-Pulse quality management system again shows the scale of opportunity for the Ideagen software portfolio, across multiple sectors and territories, and with customers of significant calibre – with a beachhead contract potentially offering further inroads into additional territories for the same global customer.Following the 7th November trading update reporting performance in line with expectations, Ideagen's momentum remains strong, with an attractive free cash flow yield into FY19 and continuing upside to achieve the Megabuyte accounting and enterprise software peer group index rating of 25x P/E into FY18 and FY19."
Willow67
23 Nov 2017
Re: Finncap : Yep, great execution
gretel
23 Nov 2017
RNS: big new contract win Great stuff:[link] a large $1.6m "initial" contract win- in the petrochemicals sector- benefiting the current year- and in the USA, showing IDEA's global strength
maerskcon1
22 Nov 2017
Topped up.. ...ready for the push towards £1. All the fundamentals are there, just needs an initial push. GLA
gretel
22 Nov 2017
Finncap : "too cheap" For the record, here's what Finncap had to say last week in reiterating their 108p target:"Interim trading updateIdeagen has announced a trading update highlighting performance in line with unchanged expectations £ implying the company remains on track for 40% EBITDA growth, from total revenue growth of 29%. Organic growth reported at 12% remains comfortably in line with our forecasts, with the acquisitions of Covalent and IPI contributing for their first full year. Cash generation was strong, with net cash of £5.9m at 31 October (vs £4.2m at year end) demonstrating a robust balance sheet and showing our year end net cash of £7.0m to be highly achievable. We reiterate our 108p target, with the current FY19 free cash flow yield of 4.7% evidently too cheap from such growth and execution."
gretel
22 Nov 2017
Contract extension news Good news:[link] oldest aviation client, Loganair, extends its Q-Pulse system21 November 2017 Loganair chooses Q-Pulse Risk for its corporate risk management programme Loganair, the Scottish regional airline, is to adopt risk management software from Ideagen for the management of its corporate and aviation risks.The Glasgow Airport-based airline, which serves over 40 routes in the United Kingdom, Republic of Ireland and Norway, will implement Q-Pulse Risk in an extension of its existing Q-Pulse system.Loganair is Ideagen’s oldest customer in the aviation sector having used the company’s Q-Pulse quality and compliance management software for over two decades.The airline will adopt Q-Pulse Risk to systemically manage key risks including business risks to financial sustainability, efficiency, and customer service.Scott Peterson, Loganair’s Risk and Controls Manager, said: “What attracted me to Q-Pulse Risk was the fact that it is aligned with the BowTie risk management methodology, which I consider a best practice in regard to risk management.“Our number one priority is safety risk. However, there are a number of other risks that can be important.“We need to be fully aware of all risks that could impact safety, customer service, efficiency, or financial sustainability for example. The Q-Pulse risk tool will help us identify, analyse, monitor, and provide assurances for all key risks impacting our business.”etc"
gretel
17 Nov 2017
Another contract win And a prestigious and global new client:www.ideagen.com/company/news/ideagen-to-work-with-energy-firm-innogy-se/"Innogy SE, a subsidiary of German electric utilities company RWE AG, will implement Ideagen’s Pentana Audit software across its European operations for internal audit.""Pentana Audit, Ideagen’s flagship audit automation software solution, will be adopted across Innogy’s operations in the United Kingdom, Germany, the Netherlands, Poland, Czech Republic and Hungary.Innogy SE’s internal audit team of around 40 auditors will use the software to improve assessment processes throughout its locations, such as power stations and grids.etc"
gretel
13 Nov 2017
Contract wins in the USA and UK Firstly in the USA:[link] Dev North America’s drive2zero™ program to use Ideagen Coruson for Safety and Incident Management09 November 2017 The global transportation leader will implement Ideagen’s cloud-based software as a key part of its new drive2zero™ safety management frameworkIdeagen, developers of quality, safety, audit, risk and performance management software, today announced that RATP Dev North America will integrate Ideagen Coruson software into the public transit leader’s new flagship drive2zero™ safety and security framework.Coruson, which is a cloud-based software system for enterprise safety, quality, reporting and incident management, will be used by RATP Dev North America to directly manage safety, risk and operational performance across all bus, paratransit and rail services. Mike Anderson, Vice President of Safety & Security for RATP Dev America, said: “drive2zero™ is RATP Dev North America’s program to enhance our safety management systems. We will achieve drive2zero™ goals by managing safety and security analysis.“drive2zero™ has four components - Safety Policy, Risk Management, Safety Assurance and Safety Promotion - to realise continuous improvements to transit operations and support RATP Dev North America’s commitment to an unparalleled safety record for our customers and employees. This approach is the heart of our safety culture.” And secondly, IDEA have won a contract with Worcester City Council:[link] Pentana Performance software boosts Worcester City Council’s transformation programme13 November 2017Ideagen’s software will help the council “drive for excellence” with enhanced performance monitoring and reportingWorcester City Council, which provides essential services to over 95,000 residents, is to adopt software from Ideagen as it looks to set up a reporting and performance monitoring system better aligned to a new council structure.The City Council needs to ensure the correct information and data is presented and managed by the appropriate committee, following a recent move away from a cabinet-style leadership to a committee structure of governance.Ideagen’s Pentana Performance software will ensure that operational monitoring and reporting will be replicated electronically, providing the council with a single picture of performance.David Sutton, Deputy Director – Commissioning and Transformation at Worcester City Council, said: “The Pentana Performance software will align structurally to the way we are set up as an organisation.“The software will integrate risks and performance, ensuring that they are being managed and monitored in one system rather than three or four.”etc"
valuemanbuyer
10 Nov 2017
Having listened to the presentation at ShareSoc this week it is clear that IDEA is on a mission to become a large respected British software company ofWhich there are precious few).The aim is to continue growing at 25% for the medium term compoumd. If they can achieve that then they will double in 3 years and much more in 10. There are good reasonsn why this is eminently possible . Recurring revenue is heading the towards 75% target , there are many verticals that they still do not service and they have ,most importantly , a very ambitious leader and team behind him . I strongly believe you would be a fool to bet against them achieving this goal . Whether they are up or down 10% in the short term is ,frankly , short sighted as the medium term picture is so exciting . We will look back in 3 years and wonder why we didn’t put a large chunk of our capital into IDEA Ps I’m in large .
Prezza
10 Nov 2017
Re: Lightened up Share that view in regard to short term price movements .However , no debts , cash pile growing nicely and envious client list there has to be a t/o risk premium with a weak £ . So I am holding till full results and full trading information.
Willow67
10 Nov 2017
Lightened up I took my position down by 50% post the results. I'm still very happy if it goes higher but post the results and in the absence of an acquisition, I don't see any short term upwards momentum. My suspicion is the shares will remain in this 80-90 channel for the time being - probably drifting down towards the bottom end over the coming weeks - and there will need to be bigger news for them to break out above this. I'll look to re-enter if we get back to 80
gretel
08 Nov 2017
Tipped on T.M.F today [link] the FTSE 100 may be relatively high at the present time, but this stock could offer high growth at a reasonable price. As such, it could be worth buying today ahead of potentially FTSE 100-beating performance.Upbeat performanceThe company in question is Information Management Software provider Ideagen (LSE: IDEA). It reported an upbeat trading update for the first six months of its financial year on Tuesday. The company’s performance was strong during the period, and it remains on target to deliver revenue and adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) which are significantly ahead of the same period from the prior year.In fact, the business is expected to post an underlying organic revenue growth rate of around 12% for the period. It is also on track to meet expectations for the full year to 30 April 2018. Encouragingly, cash generation in the first half of the year was strong, with the company’s balance sheet having a £5.9m cash position as well as no debt. This reduces its overall risk and provides it with an improved risk/reward ratio for the long run.Looking aheadIdeagen is forecast to post a rise in its bottom line of 26% in the current year, followed by further growth of 10% next year. Despite such an impressive growth outlook, the company’s shares trade on a price-to-earnings growth (PEG) ratio of just 0.8. This suggests that they offer a wide margin of safety and that more upside potential is on offer after their 31% gain since the start of the year."
Willow67
07 Nov 2017
Re: Excellent trading statement today There is another £2.1m to pay on IPI also, the bulk of which is in December, so will be in the FY numbers. After that they are pretty much free of commitments so without an acquisition cash will start piling up. In any case they have no debt and have shown the ease at which they can raise £10m at the drop of a hat through a share placing, so they could easily afford to spend £15-20m on acquisitions.If PleaseTech performs - remember its revenues are primarily from the U.S so the decline in GBP should provide an additional boost - I see no reason why we aren't on track for £10m of adj EBITDA this year (£8m IDEA existing businesses + £2m PT), which I think translates through to about 4.5p of adjusted EPS, a little ahead of the 4.2p I think Finncap have for them.It's all a bit speculative to try to predict the numbers from where a private investor sits but the bottom line is organic growth remains constant at 10-15% a year, the b/s is in a good condition and over the long-term there is lots of upside for those who are prepared to be patient
