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B PRSM
J Thomas
Posted: 18 January 2017 22:33:27(UTC)
#21

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Cuey, that's one reason I hold LSE. I like the fact every time someone buys or sells shares a tiny fraction of a dividend comes back to me and the market value goes up. LSE is one of the best stocks I have ever owned in fact.
Anyway, back to Blue Prism....
Jon Snow
Posted: 18 January 2017 23:21:04(UTC)
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AIM shares are not for me thanks, unless they are in collective investments run by someone who knows how to assess the prospects properly and who has a successful track record behind them.

E.g. Greavesy (as Cueball calls him), Giles Hargreave of Hargreave Hale VCT 1 & 2 (which I hold a bit of) and Marlborough Micro and Nano (which I don't hold).

Some liken AIM to the wild west and a read of Tom Winnifriths "Share Prophets" site is quite illuminating as to what goes on, free registration needed -

http://www.shareprophets.com/

That's not to say there aren't some great companies on AIM, I'm sure there are, I'm also sure there are some snake oil salespersons too.
MAK
Posted: 20 January 2017 14:34:58(UTC)
#23

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On the subject of AIMs...

Just got my dusty book out to find an explanation for the trades on POLR.

Was just curious to see what the SP was up to.Can't find an answer for those hefty trades at 300p when all the small trades are at 381p at around the same time.

Can anyone explain?

As said previously I am only window shopping from now on.

Just had another look and the large trades are sell orders ,but still difficult to understand as the spread is small.
J Thomas
Posted: 20 January 2017 15:57:20(UTC)
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MAK

The very large Polar share trades were in relation to 'Share awards and Directors dealing.'
Gavin Rochussen, the new CEO who was appointed yesterday, was awarded £3 Million in share options. Additionally, he proposes to purchase £1 Million Polar shares with his own money. All of the above are at the price of 300p, which were presumably the trades mentioned. So a heavy discount then....
The reason the market reacted so positively to Mr Rochussen's appointment was the fact he grew assets under management at J O Hambro Capital Management Group from £1.5 Billion to £23.9 Billion.
If he does the same at Polar that will seem money well spent, and should lead to a continued rise in the share price.
4 users thanked J Thomas for this post.
MAK on 20/01/2017(UTC), chazza on 20/01/2017(UTC), Micawber on 20/01/2017(UTC), c brown on 22/01/2017(UTC)
MAK
Posted: 20 January 2017 16:21:30(UTC)
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J Thomas

A huge thanks for that easy to follow explanation.Have burnt the dusty book..the answer was in there some where but then again I am no Alan Turing.

Presumably if I had put in,say, a limit order at 300p then it wouldn't had been filled.

Many thanks
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J Thomas on 20/01/2017(UTC)
Micawber
Posted: 24 January 2017 07:37:12(UTC)
#26

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PRSM full year results half an hour ago: http://www.londonstockex...tail/PRSM/13104372.html

The dip then recovery in the sp these last ten days looks increasingly like a shakeout.
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S_M on 24/01/2017(UTC)
srg751
Posted: 25 January 2017 14:57:25(UTC)
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J Thomas on 25/01/2017(UTC), Micawber on 25/01/2017(UTC)
Micawber
Posted: 25 January 2017 17:32:36(UTC)
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I think the IC concluding footnote is fair. Having taken out over 200% profit, I'm holding the remainder which today is still showing a profit of 225% on purchase price but is now under the max value I usually allow an AIM share in the pf. I think it unlikely that PRSM shares will rise as fast as they did over the past year, but as long as the news of takeup continues to be so good, I won't be selling what I now regard as a "free" stake.

Now for a further rise in FreeAgent (FREE) as small businesses and their accountancy firms have to get used to filing quarterly returns with the taxman.
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srg751 on 25/01/2017(UTC)
srg751
Posted: 25 January 2017 17:50:00(UTC)
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Micawbers approach going forward regards Blue Prism reflects that of mine to Trakm8. Get in early, back your judgment, know when to take a profit. Then let the free shares ride the waves.
Like Trakm8, there becomes a time when the topic of actually making some money raises its ugly head, and its then that you can lose your shirt.
( I'm not saying that that time is here for PRSM, but it will come)
J Thomas
Posted: 13 April 2017 20:40:38(UTC)
#30

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Pleasing update from Blue prism today. Revenues 'significantly ahead' of expectations, with strong growth from both new and existing customers globally.
An 18.5% rise in the share price today taking the shares to a new all time high. This is now my best performing share of the last year with a gain of 145% since early August.
Definitely a keeper for me, although I would be wary of committing more funds until the June interim results.
I do hope Blue Prism can avoid being taken over by one of the US tech giants, I see there has been heavy overseas buying today.
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Micawber on 13/04/2017(UTC)
c brown
Posted: 18 April 2017 13:26:49(UTC)
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Where can I find the info about who is buying from overseas? At last back on cw blooming phones!!
Micawber
Posted: 18 April 2017 16:11:07(UTC)
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Blue Prism up again today, 9% this time, defying the red price movements most other places. Indeed, my fun pf has actually risen in total today, by 0.19%, in the teeth of the selloff. Not only PRSM, Sophos and LTG, but glad to see my two very recent punts on BOO and SXX are moving up, and I'm already in positive territory.

Other pfs however are down by about one percent overall, although there is little rhyme or reason to some of the individual fallers. Bargain sniffing begins.... or perhaps the expected market hangover is beginning.
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J Thomas on 18/04/2017(UTC)
J Thomas
Posted: 18 April 2017 22:01:28(UTC)
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C Brown,
Two of my Californian colleagues informed me (after the event) of significant purchases, which is why I mentioned I hope Blue prism can avoid being taking over by one of the US tech giants. That is a real possibility within the next three years; if B PRSM was a silicon valley start up its valuation would be in the order of $10 Billion, not the £389 Million at last Thursdays close of trade.
The shares are up an astonishing 31% over the last two days, at another all time high tonight.
Good news for historical current owners who are enjoying a substantial windfall, however is this a bubble, a possible takeover, or simply a market revaluation? Perhaps a combination of all three.
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Micawber on 19/04/2017(UTC), c brown on 25/04/2017(UTC)
S_M
Posted: 25 April 2017 11:22:30(UTC)
#34

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Still rising, reminds me of those heady days in the 90s when you could double your money on the likes of QXL. I hope our friends at Blue Prism don't suffer the same fate although they seem to have a much better story. Surely it's just a matter of time before someone comes in and buys them. Enjoying the ride :).
S_M
Posted: 19 May 2017 16:39:23(UTC)
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Hitting stratospheric levels now, up another 9% today at 862. Even with the 200% profit made thus far it only represents around 3% of my overall portfolio. As stated before I am just going to let this ride for the longer term. A crash in the share price surely must be on the cards with any hint of bad news/underperformance of market expectation.

It's hard to make any meaningful explanation of the sp increase.
J Thomas
Posted: 19 May 2017 18:51:30(UTC)
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S M
Regarding the 10.6% increase in Blue Prism over the last two days; there was a B PRSM Capital Markets day in London on the afternoon of the 17th May 2017, with senior management and a partner representative at the event.
Presumably those attending liked what they saw and heard, which could explain the most recent increase. Like you I am showing a three figure percentage gain since I bought my initial shares in early August, and have increased my holding twice since then.
To be honest, much of the rise is due to the fact this Company was grossly undervalued at the IPO stage, and is now seen as a serious systems robotics player and likely takeover target by one of the US tech giants.
What has surprised me is there is still no broker recommendations on this stock, despite B PRSM now having a cap of over £500 Million. When brokers do eventually get round to taking a view I would expect an instant 'buy'.
Remember people said Apple would crash at $8 (pre split) when it was valued at under $1 Billion?
I'm certainly not saying B PRSM will one day be valued at $800 Billion like Apple, yet I do believe this Company is still seriously undervalued compared to its potential long term prospects. Also if they were to re- headquarter to California the market value would increase by a factor of five overnight, a possibility as B PRSM have four US offices already.
2 users thanked J Thomas for this post.
S_M on 19/05/2017(UTC), Micawber on 19/05/2017(UTC)
S_M
Posted: 19 May 2017 19:25:03(UTC)
#37

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J Thomas;46933 wrote:
S M
Regarding the 10.6% increase in Blue Prism over the last two days; there was a B PRSM Capital Markets day in London on the afternoon of the 17th May 2017, with senior management and a partner representative at the event.
Presumably those attending liked what they saw and heard, which could explain the most recent increase. Like you I am showing a three figure percentage gain since I bought my initial shares in early August, and have increased my holding twice since then.
To be honest, much of the rise is due to the fact this Company was grossly undervalued at the IPO stage, and is now seen as a serious systems robotics player and likely takeover target by one of the US tech giants.
What has surprised me is there is still no broker recommendations on this stock, despite B PRSM now having a cap of over £500 Million. When brokers do eventually get round to taking a view I would expect an instant 'buy'.
Remember people said Apple would crash at $8 (pre split) when it was valued at under $1 Billion?
I'm certainly not saying B PRSM will one day be valued at $800 Billion like Apple, yet I do believe this Company is still seriously undervalued compared to its potential long term prospects. Also if they were to re- headquarter to California the market value would increase by a factor of five overnight, a possibility as B PRSM have four US offices already.


Thanks for this, I was scratching around forums looking for information in relation to the SP increase but to no avail. I really hope you are right. It would be nice to see some profit taking now so I can consider perhaps topping up in a small way.
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J Thomas on 19/05/2017(UTC)
J Thomas
Posted: 20 May 2017 14:29:00(UTC)
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S M
I would certainly add to your holding (as shall I) if there is a pull back in the next few weeks, leading up to the results at the end of June.
However B PRSM is a very tight market; there are only about 63 Million shares, about half of which are owned by the Founders/Directors and the original private investors. None of them seem to be selling, although they may be constrained by a set time period after the IPO last year.
So that leaves about 30 - 35 Million shares for everyone else, not a great deal in the scheme of things. There was some discussion on here several months ago regarding brokers who may attempt to buy shares cheaply by various means....I'm not sure that would work in practice, market makers set a price by matching the demand from buyers and sellers, or should.
Still a long term hold and accumulate for me.
srg751
Posted: 21 May 2017 06:25:14(UTC)
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Investors riding the one way train wondering which stop to get off at might want to read this ;

http://www.investorschro...r9zKMKARGEO/article.html
2 users thanked srg751 for this post.
J Thomas on 21/05/2017(UTC), chazza on 21/05/2017(UTC)
S_M
Posted: 22 May 2017 09:46:19(UTC)
#40

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srg751;46963 wrote:

Investors riding the one way train wondering which stop to get off at might want to read this ;

http://www.investorschro...r9zKMKARGEO/article.html


I am sure in different ways, there where comparable articles written about the likes of Apple, Amazon, Facebook etc etc through the years.

Anyone who has been sensible will not have put anything meaningful out of their portfolio into this stock. Personally, I re-invested £2k out of a £20k ARM holdings windfall. I am not worried about the train I want to give myself the opportunity to make the maximum potential return out of this stock. If that means stepping off the train with zero, so be it!

I have a well diversified portfolio to compensate for these type of punts.
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dyfed on 22/05/2017(UTC)
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