UK-US market disparity undervalues Blue Prism Group

first_img John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Tej Kohli owns shares in Facebook, Amazon and Apple. The Motley Fool UK owns shares of Alphabet (A shares). Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.Tej Kohli is a technologist and investor who regularly posts about technology and investment as @MrTejKohli using the hashtag #TejTalks. Find out more at Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. Enter Your Email Address During the decade that ended at the start of 2020, the FTSE 100 index grew by 41.5%. During the same period, the NASDAQ 100 was up 372%. The US index was significantly buoyed by the rise of the ‘FAANG’ tech stocks – Facebook, Amazon, Apple, Netflix and Alphabet – as technology became omnipresent in everyday life.The disparity between the performance of UK and US stocks came into focus again last month, when Jason Kingdon, Chairman and CEO of Blue Prism Group (LSE: PRSM), said that the artificial intelligence company would be worth between two and five times more if it was listed in the US, and that its share price would also be less volatile. Kingdon also raised the prospect of Blue Prism ditching its London Stock Exchange listing and moving instead to the US markets, because British investors did not have enough ‘understanding’ of tech.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Kingdom’s frustration was not entirely unjustified. Blue Prism shares had just fallen by 25% after the company reported its fifth year in a row of 40%+ growth selling its AI-powered robotic process automation software to customers in over 170 countries including eBay, Siemens and John Lewis. Kingdon added to his frustration that investors in the UK lacked “the ability to be able to look at a tech company and judge a good one from a bad one”.Right now, Blue Prism is trading at 1,303p, its lowest since October 2020. The 52-week range is very wide: the stock traded at 795p one year ago and hit a high of 1,900p in January. What is notable is that despite the constant peaks and troughs, the 60-day moving average shows that the price has consistently drifted upward since June 2020. If this trend continues, the price could well drift up another 45% to meet its 52-week high once again and might even continue toward its September 2018 high of 2,560p, a 96% increase.That alone seems like a very attractive prospect. But is my sentiment that there is a potential 96% upside being too cautious? Am I exhibiting “UK investor” thinking by not advocating for the 500% price increase that Kingdon is adamant would be the ‘correct’ value for Blue Prism?That depends on whether you think that the UK is too cheap – or that the US is too expensive. In the US, the S&P index is trading at x20 earnings and yielding 1.5% according to Bloomberg. This compares with the UK’s FTSE 100 at x12.8 earnings and a yield of 3.2%. The conundrum goes deeper too, because the US figures are highly distorted by a market that contains titanic fast-growth technology stocks trading on very high earnings multiples.Will the FAANGS tech stocks continue to dominate in this way? Exxon was number one in the index in 2013 and is 28th today. IBM was number one in 1985 and is 67th today. General Electric was number one in 2000 but is 73rd today by market value. The only thing that we can conclude from this is that the US markets rotate their stocks much quicker than the UK market, which one could argue means that the FAANGS could fall if US tech stocks are in a bubble. By contrast, whilst some analysts claim that US tech stocks are in a frothy bubble that will eventually burst, other evidence suggests that the high return on invested capital companies have a tendency to stay as such.So, what does this all mean for Blue Prism? Jason Kingdon would be rightly outraged that my analysis has thus far completely ignored the intrinsic value and potential of its technology in a world that is heading fast into omnipresent AI and automation (a subject that is extremely close to my heart). He is right that to base an investment calculus on such a shallow analysis of the amazing technology that Blue Prism has, is ignorance.So, let me say that I firmly believe that omnipresent artificial intelligence and automation will add $150 trillion to the global economy in the next five years. And, put simply, I am unequivocal that Blue Prism is a clear market leader in enabling enterprises in over 170 countries to unlock the benefits of this oncoming artificial intelligence revolution.Should Blue Prism’s stock market value be 45% to 96% higher than it is today? Yes, I believe so. Will it get there in the coming months? Almost certainly, in my view. Could it be worth 500% more than it is today if we map it against similar US stocks – or what that be irrational exuberance? The answer is that Blue Prism probably should and could attain that value, but the fact that Blue Prism is likely undervalued compared to US peers actually makes it a sound investment to me. Whether the upside potential of Blue Prism is 45% or 500%, the only way is up for its stock price. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! UK-US market disparity undervalues Blue Prism Groupcenter_img See all posts by Tej Kohli I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Tej Kohli | Wednesday, 10th March, 2021 | More on: PRSM last_img read more

“IS IT TRUE” JUNE 13, 2019

first_img We hope that today’s “IS IT TRUE” will provoke honest and open dialogue concerning issues that we, as responsible citizens of this community, need to address in a rational and responsible way.IS IT TRUE we are pleased that local Channel 14 TV News has decided to end each broadcast day with the playing of the Star Spangled Banner? …we give five (5) cheers to the management and staff of Channel 14 TV for showing American pride? IS IT TRUE that serval years ago the Evansville DMD invested well over $535,000 to purchased a dilapidated and vacant CVS building  located on North Main Street?  …the DMD leased this property to a medical group and they allegedly invested about a million dollars in order to meet their needs?…we are expecting that any day the DMD will sell this property to a private investor for a mere $178,000? IS IT TRUE we wonder if the two fiscal conservatives on the Evansville City Council will be very quiet during the 2019 budget hearings?IS IT TRUE that the City of Evansville Employee Hospitalization fund currently has a deficit of $3 million plus million dollars? IS IT TRUE the former City Council President and Finance Chairman John Friend, CPA predicted three years ago that starting in 2018 the City of Evansville will be experiencing a budget meltdown was spot on?  …John Friend also predicted that the 2019 city budget shall be financial disasters?  …he also predicted that the only ways the city can balance future budgets are increasing taxes, make major budget cuts or lay off employees? IS IT TRUE the number one cause for a divorce is marriage?IS IT TRUE that the City County Observer readers are once again encouraging us to consider publishing a printed newspaper? …when former CCO editor and celebrated innovation CEO from Palm Springs, California was asked about the CCO publishing a printed newspaper his answer was surprising?…Mr. Wallace quickly pointed out that newsrooms across the country that are delivering print products are on a 20 year shrinking spree with most newsrooms having less than half of the reporters they had 10 years ago and many are down to 10% of their peak that came in the 1990s?IS IT TRUE that Mr. Wallace has advised the CCO to be very careful about going into the newspaper print business because that has been a proven financial loser for more than a decade?…he also realizes that the quality of journalism has gone way down due to the lack of revenue?IS IT TRUE Researchers with The Leapfrog Group assessed  a couple of thousand plus hospitals using safety data to compile the ratings? …Reachers at Leap Fog Group also stated that patients at “D” and “F” hospitals face a 92% higher risk of avoidable death?  …that Henderson Methodist received an ‘F” rating by the Leap Fog Group and Deaconess Midtown and Gateway had A’s?  …both St. Vincent-Evansville and Owensboro Health both had B’s.IS IT TRUE that sometimes mergers, Affiliate or ACO” agreements between two entities or partial buy-outs sometime result in providing better healthcare and sometimes they don’t? …bigness is not always better? …the bottom line is that the people of Western Kentucky are the real losers in the grade of F being handed to a formerly excellent Henderson. Kentucky based hospital?IS IT TRUE if the past and current administrators of Henderson Methodist Hospital would had purchased a book entitled “Working Outside The Box” written by our good friend Joe ‘Jack’ Wallace (a native of Western Kentucky) they may have gotten a better rating from Leap Frog Group than a F?IS IT TRUE A big part of serving traditional Neapolitan pizza is cooking that pizza in the traditional Neapolitan way?  …that means one thing — a wood-fired oven?…Pangea, has a hand-built, Acunto wood-fired pizza oven, made by a family-owned company in Naples, Italy?  … that four generations of the Acunto family have built this oven, using the same designs and materials as generations of Neapolitans before them? …we predict you can taste the difference when a pizza is cooked in this oven at Pangea-Evansville?  … the homemade Gelato at Pangea is heavenly?  …we highly recommend that you try the infused Liquor specially drinks because they’re absolutely  well balanced and truly one of a kind?Todays “Readers Poll’ question is: What source do you get your daily news from?If you would like to advertise in the CCO please contact us at City-County [email protected] IS IT TRUE its obvious that the City of Evansville doesn’t have a revenue problem but they do have a spending problem? Footnote: City-County Observer Comment Policy. Be kind to people. Personal attacks or harassment will not be tolerated and shall be removed from our site.We understand that sometimes people don’t always agree and discussions may become a little heated.  The use of offensive language and insults against commenters shall not be tolerated and will be removed from our site.Any comments posted in this column do not represent the views or opinions of the City-County Observer or our advertisers.FacebookTwitterCopy LinkEmailSharelast_img read more

Taekwondo at the Military World Games

first_imgBy Dialogo July 15, 2011 In taekwondo, the fight takes place in a ten-meter by ten-meter area, and each match has three two-minute rounds. Four referees govern the fights. Points are obtained for the blows struck by the athletes, who can use both their feet and their hands. However, kicks may strike any part of the opponent’s body above the waist. Punches may strike only the opponent’s chest, with a closed fist. In order to win a match, the fighter must obtain a knockout – a ten-second count when one of the contenders falls. Otherwise, the decision will be on points or by the disqualification of the opponent. If there is a tie, a fourth round will be added, a sudden-death round likewise lasting two minutes. Taekwondo originated in Korea as a form of self-defense. Its goal is to defend oneself and to attack the enemy, using one’s hands freely. As an Olympic sport, it first appeared at the Seoul Games in 1988, as an exhibition. It was only in Sydney in 2000 that it became official.last_img read more

Smithsonian exhibit opens at Alcona County Library

first_imgAddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThisHarrisville — The Smithsonian’s traveling museum exhibit ‘Water/Ways’ takes over the Alcona County Library’s Harrisville branch now until December 28.The display features 5 world/national panels with interactive items all dealing with the importance of water on culture, life, ecosystem, etc. 3 of the panels focus on Michigan water and how the region utilizes their bodies of water. 1 panel is exclusively dedicated to Alcona County.The process of getting the traveling museum to the library took just over a year with a grant application and a lot of persistence by the library administration. Now that it’s all put together, Library Director Denise Bearre can watch folks enjoy all of the hard work that went into bringing this spectacle to the sunrise side.“It’s beautiful, a lot of good information on how people feel and use water… and history…and just all kinds of information,” laughed Bearre.The library celebrated with a party Friday night, inviting speakers and folks to marvel at the new display. Docents were on hand to guide people through the exhibits and lead conversations with visitors. Only six sites in Michigan were selected to host the display.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to MoreAddThis Tags: Alcona, Alcona County Library, Exhibit, Harrisville, Lake Huron, MICHIGAN, Michigan Humanities Council, National Exhibit, Smithsonian, water, Water/WaysContinue ReadingPrevious Second-grader sent to hospital in playground incidentNext Police Investigating the Death of a Man Found Dead in Lewiston Arealast_img read more