Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

Bolton Global Capital Continues to Grow Market Share - Bolton has recently signed an agreement with technology solution provider FolioDynamix for trading, portfolio management, and advisory service-

NEW YORK, July 21, 2016 (GLOBE NEWSWIRE) -- Increasing numbers of advisors are leaving the wirehouse model to join independent firms who have built an infrastructure leveraging leading-edge technology tools. Bolton Global Capital, with headquarters in Massachusetts, is poised for significant growth as a result of this trend. With a compelling value proposition of high-touch service for advisors paired with powerful, flexible technology solutions, Bolton has seen an influx of new advisors joining the firm, most notably from Merrill Lynch. Bolton continues to significantly expand in the Latin American market, which is now underserved by the exit of major firms from the international space. This growing and loyal client base has proven a significant source of growth revenue for the fim as a whole.  

https://ceo.ca/@nasdaq/...obal-capital-continues-to-grow-market-share  

Bolton has recently signed an agreement with technology solution provider FolioDynamix for trading, portfolio management, and advisory services. Advisors will be able to leverage the institutional-quality trading interface to manage the entire client lifecycle, from account opening to rebalancing; they will also have access to a series of managed account options that have undergone extensive due diligence review.

“FolioDynamix offered a degree of flexibility that was very attractive to us,” says Steve Preskenis, President of Bolton Global. “The trading interface and overall solution was exactly what our advisors were asking for; many come to us from a wirehouse background, and this technology actually offers a better experience than what they were used to.”

Bolton plans to rollout the FolioDynamix platform over the next two months. As a multi-custodial solution with an integration already in place with Pershing, Folio offers a seamless, efficient onboarding experience.
 

July 19, 2016
Who Likes Robo-Advisors? Not These People
DATA FROM TWO RETIREMENT PROVIDERS INDICATES THAT THE APPETITE FOR AUTOMATED RETIREMENT ADVICE IS LOW.

The finance industry may be going robo, but that doesn’t mean that’s exactly what the client wants.
In fact, independent data from two retirement providers indicates that the country’s appetite for full robo retirement advice is low.

http://www.thinkadvisor.com/2016/07/19/...l&utm_campaign=07212016
 

wieder satt im Minus. Letztlich hat der Markt immer Recht. Die Firma vernichtet kontinuierlich Kapital und schafft keine Werte, genau dies reflektiert der Aktienkurs in den letzten 12 Jahren. Dafür gibt es nur eine Bezeichnung in Deutschland : Missmanagement. Bzw. auf Englisch: Fucking Management.

Es ist ja ganz nett wenn ein größerer Broker Folio nutzt. Aber man muss mal sehen wofür.
Die interessanten Finanzierungstools kommen von Pershing. Die tollen Eigenentwicklungen von Folio werden nicht genutzt. Somit bleibt für Folio nur Präsentation der Daten auf den unterschiedlichsten mobilen Devices. Das ist Javascript, HTML und CSS und wird in ein bis zwei Jahren von jedem kostenlos aus dem Internet heruntergeladen werden können.
Folios übermachtiger Konkurrent Envestnet hat im Mai eine Produktoffensive gestartet. Der Kurs hat sich vom Jahrestief her fast verdoppelt. Bei Actua sind es gerad mal 25%.
Man kann sich Actua ja gerne zum Dornröschen schöngucken, für mich ist es ein lahmer Gaul.
Wie schnell Startup-Schmieden verschwinden sieht man an Unister.
Auch Bolt als hundertste Insuranceplattform wird den Markt nicht von hinten aufrollen.
Die Idee, Versicherungspakete den Kunden anzudrehen, ist überspannt.
GovDev ist Kindergarten. Wenn mit "Smart City" ernst gemacht wird dann teilen sich IBM mit Watson und SAP mit Hana den Markt. Da winkt allenfalls eine Übernahme zu einem günstigen Preis.  

Actua in 2016 155 - 160 Millionen Umsatz erreichen wird und auch dieses Jahr wie in den Jahren zuvor um 20% bis 30% zulegen wird.  

wie Du das Foliodynamix zuordnest, zeigt, dass Du Dich auch nicht 5 Minuten mit Foliodynamiix beschäftigt hast, denn die Adressaten sind nicht jedermann, sondern Vermögensverwalter, denen durch die Software von Foliodymaix die Arbeit erleichtert und attraktiveres Angebot ermöglicht wird.

Envestnet ist ein größerer Konkurrent neben weiteren kleineren - mehr auch nicht, Denn irgendwie geartete Netzwerkeffekte sind hier nicht feststellbar, sondern eher sogar ein Bedürfnis von Vermögensverwaltern nicht exakt das gleiche Angebot wie der Konkurrent zu offerieren, sondern sich von ihm abzuheben.  

Einheitsbreien aus Bereichen mit Netzwerkeffekten entfernt sind, zeigt der folgende Text:

We have worked with WealthTECH companies of all sizes, stages of development and functionality, from firms like FiServ, SEI and Bisys, to firms like Laserfiche, FolioDynamix and Total Rebalance Expert (tRx)

Beach, CA (PRWEB) June 15, 2016

ECHELON Partners, a leading investment bank focused exclusively on the investment and wealth management industries, announced today the formal launch of its investment banking platform for the wealth technology sector, as well as the hiring of three experienced professionals to manage overall company growth.

As a complement to the significant increase of private equity, venture capital and corporate investment into the space, ECHELON Partners’ WealthTECH investment banking platform will cater to the fast-growing segment of technology firms that serve the wealth management industry.

“As the industry has grown, there has been a direct correlation of growth and investment in technology companies serving all aspects of the wealth management space,” said Dan Seivert, CEO of ECHELON Partners. “We have worked with WealthTECH companies of all sizes, stages of development and functionality, from firms like FiServ, SEI and Bisys, to firms like Laserfiche, FolioDynamix and Total Rebalance Expert (tRx). We are very excited to formalize our investment banking platform in this space and further customize our offering to meet the specific requirements of this evolving industry.”
www.prweb.com/releases/2016/06/prweb13481812.htm  

Sr. Accountant
Sacramento, California
Posted on 7/21/2016

Overlay Manager I
Sacramento, California
Posted on 7/19/2016

Lead Developer/Development Manager
Secaucus, New Jersey
Posted on 7/8/2016

Java Developer - Jr.
Secaucus, New Jersey
Posted on 7/8/2016

Database Administrator - JR. DB2 UDB DBA
Secaucus, New Jersey

https://www.onewire.com/Companies/Index/5886
 

http://stateofthemarkets.com/wp-content/uploads/...est_tamps_2015.pdf  

Total assets in program: Key Operating Metrics -- More than $21 billion in AUM and $709 billion in AUA  

Total assets in program (Key Operating Metrics): More than $72 billion in AUM and $174 billion in AUA (Total AUM/A $246 billion) as of 12.31.14  

http://finance.yahoo.com/quote/ENV  

http://finance.yahoo.com/chart/ENV  

Brains behind companies like LPL Financial, Cetera Financial Group, Raymond James Financial Inc., Cambridge Investment Research Inc., Pershing Advisor Solutions and the former ING — Voya Financial.

The 'it' factor of the 2007 start-up was its revamped Sungard orphan software with LPL, Pershing and Cetera as anchors
Wednesday 9.17.14 by Lisa Shidler
A Radnor, Pa-based cloud software company serving insurance agents, the government and health care firms is spending $199 million to purchase FolioDynamix, the portfolio-rebalancing brains behind companies like LPL Financial, Cetera Financial Group, Raymond James Financial Inc., Cambridge Investment Research Inc., Pershing Advisor Solutions and the former ING — Voya Financial.
http://www.riabiz.com/a/4987825548165120/...tnet-firmly-in-its-sights
 

habe ich schon damals für zu hoch gehalten, aber dass die Kurse dann um mehr als 200 Millionen zurückgingen ist schon absurd, denn zwischen 130 und 170 Millionen ist Foliodynamix jetzt noch wert, vielleicht inzwischen sogar mehr.

Die nach dem Kauf erfolgten Abschreibungen haben zwar den Gewinn gedrückt, hatten aber keinen Einfluss auf die Cash.

Foliodynamix hat laut der letzten Presentation einen positiven operativen Cash Flow.  

“Subject to final accounting (including purchase accounting) adjustments, FolioDynamix brings to Actua a current net revenue run rate of over $30 million (approximately $50 million on a gross revenue basis), with positive earnings and cash flow. The company grew over 40% in 2013, and growth is expected to continue at that rate in 2014.”

http://www.foliodynamix.com/news/...h-management-technology-platform/
 

Revenue Growth: 18% for 2015 compared to 2014 war zwar nicht das Gelde vom Ei gegenüber früheren Raten, aber so schlecht dann auch wieder nicht

Denn die New Signings waren okay: Signed 25 new customers; 3-year extension with large existing customer.

Und auch die neue Zahl der Total Customers kann sich sehen lassen: More than 200 banks, brokerage firms and large RIAs,

Und auch die  Pipeline ist ordentlich gefüllt: The pipeline for new deals and upsells continues to build, including several 7-figures deals  

Erfreulich außerdem: Operating cash flow positive for 2015

Ebenso die multi-year/multi-million dollar contracts wie z.B.  die $4.7 billion in regulatory assets under management  

Die verwendeten Zahlen sind vom 12/31/15 unless otherwise noted

Und die Quelle für die Zahlen: http://www.actua.com/wp-content/uploads/2016/06/...INAL-6-16-2016.pdf
 

in Q1/16: Revenue Growth = 7% in Q1 2016 compared to Q1 2015

Etwas hoffnungsvoller die Bookings und Signings: Annual recurring revenue of $1.3 million  und Signed 4 new customers since beginning of the year, 2 significant expansions at existing customers

Hoffnungsvoll auch die  Pipeline: The pipeline for new deals and upsells continues to build nicely, with several of these deals in the 7-figure range on an annual basis

Und 4,9$ billion in regulatory assets under management gegenüber 4,7 billion 90 Tage voher

Zahlen As of 3/31/16 unless otherwise noted

Quelle für die Zahlen: http://www.actua.com/wp-content/uploads/2016/05/...des-FINALFINAL.pdf
 

und heute ist die Actua Aktie erfreulich stabil gewesen und überraschenderweise nicht gefallen. Gab es irgendwelche News?

https://www.glassdoor.ca/Reviews/VelocityEHS-Reviews-E1193602.htm  

gestern war Wochenende. Heute geht der Kurs wieder wie gewohnt runter. Bei Actua wird jeden Tag Wert vernichtet. Die einzigen die in den letzten Jahren profitiert haben sind das Management dank schamloser Aktienoptionen für Nichtleistung!

Gene Kay, Director of Ergonomics, VelocityEHS | July 26, 2016 at 10:00 am (CDT)This fast paced webinar will cover some of the hottest topics in Ergonomics, including top things employees and employers get wrong about ergonomics, sit/stand desks, ergo balls, and quick steps to reducing eye and back strain through proper seat and monitor use.

The average cumulative trauma injury costs employers $82,305, and every company with

Learn the true cost of CTDs and MSDs!

employees working at computer workstations is at risk of Cumulative Trauma Disorders (CTDs) or Musculoskeletal Disorders (MSDs). This webinar will breakdown the true cost of CTDs and MSDs, demonstrate the effectiveness of ergonomics software, and arm EHS and HR professionals with the ROI information they need to make the case for ergonomics in their organizations.

About the Presenter — Gene Kay is a Certified Professional Ergonomist (CPE) and Director of Ergonomics at VelocityEHS, the leading cloud EHS and sustainability software provider. Gene manages the VelocityEHS ergonomic consulting services and is lead developer of the software product. His background includes work physiology, health promotion, physical rehab and corporate ergonomics. As the former Global Ergonomics Manager at American Express and Past-President of the Upper Midwest Chapter of Human Factors & Ergonomics Society, Gene is a sought after speaker on ergonomics at regional and national educational conferences.

https://v.ehs.com/Office_Ergonomics_le-registration.html
 

nicht endlich auf die sinnlose Pusherei zu betreiben mit den nichtsagenden News? Der Markt hat immer Recht und Actua verliert seit Jahren an Wert, weil sie konsequent ihren Cash verbrennen und sich das Management mit frivolen Optionen bereichert.

Von dieser Aktie sollte jeder die Finger lassen!