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What's happening to Blue Prism?
lynne shaffer
Posted: 14 December 2017 11:28:55(UTC)
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I dipped my toe in the water a couple of days ago, and the SP hasn't stopped moving downwards ever since!

Anyone know why and the possible outlook for this share?
laang lee
Posted: 14 December 2017 15:56:54(UTC)
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Hoping someone can answer this. I have no idea what price to put on the shares. I followed a rising market. Maybe some large shareholders did the same, and are now taking profits.
Guess you read Forum - 'Investing' already. If not, see p2. Bprsm- Andy Mac. 4 pages.
Lots of talk about rising and falling. Some talk about buying at recent levels, which could be reassuring. However.
I remember one share I bought before 2000. It went up and up. Then down and down. It is still going, but never hit those heights again. I sold out too late. Small profit.
Another, bought about 5 years ago, had a similar name to a co. I wanted to buy, it looked good made an up and coming product- will be big in the future. Price graph going up nice and steady- Thought "this is luck" to see this - so Bought a few shares. 3 months later the price started to fall. Then it was below what I paid, then carried on down. This year, for 3 months, the price was about what I paid,. " Good Good - it's going up again." Could have sold, and bought something else. Then the price dropped again, now it is picking up, so I still hang on in there.
I've always thought this co. had prospects, just hit a bad patch. Could be bought at a premium by a rival.
Trouble is, I can see now that I paid too much. Like you, dipped a toe. There is no loss until I sell -is one point of view. However, just an example of possible - I could have lost £200 by selling, against getting all my money back 6 years later. How much could I have made on something else in 5 + years.? £500?
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lynne shaffer on 14/12/2017(UTC)
J Thomas
Posted: 14 December 2017 17:44:00(UTC)
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We are used to 25% per month increases for Blue Prism.
This month it has fallen 25% due to inevitable profit taking, and I am certainly not a critic of taking a profit, as the old saying goes, nobody ever went bankrupt doing so.
Much will now depend on the annual results due out at the end of January. However PRSM is still the same fantastic company with a strong blue chip client base, and I am certainly not cashing out, indeed if the sp falls further I will be accumulating.
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Slacker on 14/12/2017(UTC)
Micawber
Posted: 14 December 2017 18:42:28(UTC)
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S_M
Posted: 15 December 2017 12:28:18(UTC)
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Classic tree shaking in my opinion. The price is still 1000% up on its issue price.

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J Thomas on 18/12/2017(UTC)
jvl
Posted: 15 December 2017 15:43:45(UTC)
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Could it be that some of the people who like racy stocks have found something racier in cryptocurrencies and are selling to buy those instead?
S_M
Posted: 15 December 2017 15:57:37(UTC)
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jvl;54278 wrote:
Could it be that some of the people who like racy stocks have found something racier in cryptocurrencies and are selling to buy those instead?


Most cryptocurrency investors do not consider other asset classes. In the absence of company news, it could be speculators shorting the stock.
Tug Boat
Posted: 15 December 2017 16:11:06(UTC)
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Looks like they've hit the difficult time in the expansion.

They have 8 offices and 86 employees.

Half a dozen directors and I'd guess 30 support, admin and sales staff.

This leaves about 50 to support the product. With upto 20 field engineers there's only 30 to support the product software. I'd have thought 10 test engineers would be needed. This leaves 20 software types. Not enough, I'd want at least five times that.

market cap of 0.5 Bn seems a bit high. I expect the share price to drop and then they get gobbled up.
Micawber
Posted: 15 December 2017 17:08:02(UTC)
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Tug Boat;54281 wrote:
Looks like they've hit the difficult time in the expansion.

They have 8 offices and 86 employees.

Half a dozen directors and I'd guess 30 support, admin and sales staff.

This leaves about 50 to support the product. With upto 20 field engineers there's only 30 to support the product software. I'd have thought 10 test engineers would be needed. This leaves 20 software types. Not enough, I'd want at least five times that.

market cap of 0.5 Bn seems a bit high. I expect the share price to drop and then they get gobbled up.


Quite possibly they may be gobbled up. But as far as support is concerned, they have been training up (hundreds of) techies in their vast partner organisations who do the actual work.

Even after today's fall, still up 127% year to date. A year ago it was a wild ride too, I seem to recall.
J Thomas
Posted: 15 December 2017 18:01:18(UTC)
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Bought £5000 of PRSM late today at £10.30 to add to my collection.
Now they may fall 20% on Monday, equally they may rise 20%, with a share like Blue Prism it is near impossible to tell.
Probably the best thing to do is to stop looking at them every day, and come back in a years time. I believe we will all be pleasantly surprised.
cliff aner
Posted: 15 December 2017 19:28:04(UTC)
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A 1% portfolio punt on PRSM today at £10.09--hoping it might bounce off £10--probably find out on Mon.I'm not clear whether market makers manipulation re tree shaking is something that takes place over a short period,say 1 day,or could be over a much longer period. PRSM has been retreating for 3 weeks.Comments invited.
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Hank Elvis Dobbs (texan) on 18/12/2017(UTC), J Thomas on 18/12/2017(UTC)
Micawber
Posted: 18 December 2017 16:17:59(UTC)
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Wild ride - there you go. Well done Cliff. US tax package, everyone's feeling chipper, markets up, risk back on and PRSM has gone up 17.4% at this hour today.
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Hank Elvis Dobbs (texan) on 18/12/2017(UTC), J Thomas on 18/12/2017(UTC)
J Thomas
Posted: 18 December 2017 22:20:24(UTC)
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That was a nice trade on Friday afternoon, a 20.31% increase in Blue Prism in one trading day. Although as I indicated in my last post it could just as easily have been a 20% fall.
I agree with S M, there may be an element of 'tree shaking' going on; I'm not sure who sets the prices for PRSM but I get the impression that small shareholders are not required and are being frightened into selling by large price falls every few months. Sorry, but if I ever sell it will be at fair value, not at an artificially low price which is set for a couple of weeks.
One of the reasons I was not tempted to sell last week was by studying the various trades every day. Even on the days with the largest price falls, there were very few shares being traded, so the large institutions were certainly not selling any significant amounts, although they may have been buying on the QT.
There was news of a large new partnering contract between IBM and PRSM a couple of days ago which may have also filtered through and affected the sp.

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cliff aner on 18/12/2017(UTC), Slacker on 19/12/2017(UTC), laang lee on 20/12/2017(UTC)
J Thomas
Posted: 03 January 2018 23:14:41(UTC)
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Nice to see Blue Prism is back up to £14.00 per share today, up 21% in the past week, and well off it's £10.00 floor last month. I do hope investors resisted the temptation to sell at that artificially very low price.
The full year results are due out at the end of January, it may be news is leaking out already.
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cliff aner on 04/01/2018(UTC)
lynne shaffer
Posted: 15 January 2018 11:53:18(UTC)
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and now?!! (Down each day for the past few days!)
J Thomas
Posted: 23 January 2018 18:48:27(UTC)
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Just read your post Lynne, I only look at the Blue Prism price every month or so now and the sp appears to have made up most of the lost ground over the last week.
The full year results are published this Thursday, so I would expect a large change either positive or negative on the 25th of January.
I'm a part owner of this company for the long term, and that long term may be a complete loss or perhaps a X1000 Amazon type gain.
Buying artificial intelligence and robotic software companies is simply insurance against the disruptors who are changing society forever, whether we like it or not.
I might buy some more PRSM tomorrow before the results come out; but please DYOR, despite my pf being up 57% over the last twelve months I certainly don't always manage to get it right.
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lynne shaffer on 23/01/2018(UTC), Mickey on 23/01/2018(UTC)
S_M
Posted: 25 January 2018 17:09:54(UTC)
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Impressive financials from PRSM, revenues up 155% to £24.5m. The share price looks expensive, but that is the nature of the beast with these companies.

Encouragingly, PRSM placed £40m worth of stock at 1260p this morning, and it was snapped up within an hour by the institutions A good support level for the stock. Their workforce has more than doubled over the last year and they made 609 software sales (including upsales) during the reporting period.

Holders of the stock might be interested in this article about the predicted size of the RPA market over the next few years.

https://www.tractica.com...ch-5-1-billion-by-2025/

PRSM is amongst a handful of recognised global leaders in the RPA field. Exciting times ahead in my opinion.
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J Thomas on 25/01/2018(UTC)
J Thomas
Posted: 25 January 2018 18:19:51(UTC)
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Yes, an extremely impressive set of results and very detailed accompanying forward guidance from the directors of Blue Prism today.
The announcement of the three new successful offices in Japan, India, and Australia; plus a fifth new office in the US is very encouraging. The £40 million is being used to further enhance the new Prism 6 RPA software and generate further organic growth.
A world leading UK software company in AI and Robotics. I am a happy shareholder today.
It is now inevitable PRSM will further command the attention of serious investors, which will be profitable for current shareholders.

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S_M on 26/01/2018(UTC)
xcity
Posted: 26 January 2018 13:34:52(UTC)
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Interesting discussion in the later posts on this thread:
https://www.stockopedia....nl-tmmg-vtu-hyns-304053/
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J Thomas on 27/01/2018(UTC), Tim D on 29/01/2018(UTC)
J Thomas
Posted: 27 January 2018 12:36:12(UTC)
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Thanks for the link. Sort of reinforced my view which is users either love or loathe the software.
In particular I liked the comment 'Don't try and short PRSM, there is a ton of dumb money supporting it.'
That will be me then....had to chuckle.
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cliff aner on 28/01/2018(UTC)
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