Kursverdoppelung bei Actua Corporation (vorm. Internet Capital)

New MSHA Final Rule Strengthens Mine Inspection Requirements
01/30/2017

The Mine Safety and Health Administration (MSHA) has issued a new final rule aimed at improving the effectiveness of safety inspections within the mining industry. The rule goes into effect on May 23, and will introduce new requirements to better safeguard the safety and health of miners in metallic and non-metallic (MNM) mines across the country.

Background on the New Rule
Mining has always been one the nation’s most dangerous occupations, claiming the lives of more than 1,000 miners per year during the early 20th century before tighter mining regulations significantly reduced the fatality rate.

Let VelocityEHS Help!
The MSHA final rule creates more stringent inspection and documentation requirements, and mine operators should immediately begin planning strategies to achieve and maintain compliance. VelocityEHS offers a comprehensive audit & inspection software solution to help streamline the inspection of work areas within the mine, and simplify the documentation, communication and access to inspection results. The VelocityEHS audit & inspection solution also features seamless integration with our corrective actions management tool, allowing you to quickly assign, track and verify completion of corrective actions using one centralized and easy-to-use system. In addition, our training management solution can help your employees, especially those designated as “competent persons” for performing inspections, to understand their obligations and responsibilities under the final rule and help you stay in compliance. With VelocityEHS solutions, you’ll be ready to meet MSHA’s new inspection requirements, and have the tools you need to become an industry leader safety and health.

https://www.ehs.com/2017/01/...engthens-mine-inspection-requirements/
 

under management of Foliodynamix

$5.5 billion in regulatory assets under management and the acquisition of SAS is expected to add an additional $1 billion in regulatory assets under management
*As of 9/30/16 unless otherwise noted

http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf
 

We are setting ourselves up for a good 2017.

CFO Kirk Morgan: „And I will just add, I think that we were very encouraged by what we saw in the booking especially at Bolt and Flio this quarter. And Bolt at 4.5 -- over $4.5 million of ARR in 2016, we really begin to be recognized in Q4, but majority of it will be in '17, and so I think we are setting ourselves up for a good 2017.“

http://www.actua.com/wp-content/uploads/2016/11/...script_Q3_2016.pdf
 

By Ed Leefeldt MoneyWatch January 31, 2017, 5:00 AM

Michael LaRocco, has a blunt message for the insurance industry. “Macy’s, Sears and Kmart are dead. People want to get their products differently,” the CEO of State Auto Financial (STFC) told executives gathered at the Insurance Information Institute’s (III) annual conference in mid-January. “The power of change is coming, and if we fail to see it, we could be dead too.”

http://www.cbsnews.com/news/...uption-is-rocking-the-insurance-world/
 

http://sowellmanagement.com/wp-content/uploads/...2016.compressed.pdf  

"Today, well over $250 billion in client assets run on TAMP platforms. The largest TAMPs may not be well-known retail brands, but they are powerhouses in the wealth management industry."

http://sowellmanagement.com/wp-content/uploads/...2016.compressed.pdf
 

FOLIODYNAMIX empowers wealth management firms for innovation and growth with a truly unified, secure cloudbased wealth management technology platform and institutional-quality research and investment programs.

Supporting every stage of the wealth management lifecycle, the FolioDynamix platform improves efficiency, eliminates technology silos and delivers a unified view of performance across all account types. The result is better profit margins for you and better service for your clients.
The FolioDynamix TAMP solutions – VisX and Enterprise – are designed to help you attract new clients and grow your business, without adding overhead.

FolioDynamix VisX allows small-to-midsize firms to compete more effectively and accelerate growth, with access to the FolioDynamix technology platform for research, proposal generation and reporting, and connectivity options to three top custodians. Select from a wide range of VisX portfolio allocation strategies or fully-researched individual funds and/or third-party model delivered strategies. The globally-focused portfolio solutions in VisX address different needs based on account size, risk tolerance, tax sensitivity and each client’s level of sophistication. VisX frees up advisors to spend more time with clients and focus on business growth.

FolioDynamix Enterprise TAMP delivers unlimited scalability and the power to customize the solution to your unique needs through a privately-branded wealth management technology platform and multi-custodial connectivity. With access to nearly 500 third-party institutional-grade products (as of December 2015), support for a broad range of account programs (UMA, UMH, SMA, MFW, discretionary and non-discretionary), optional overlay management and a powerful webbased advisor toolset that supports the entire wealth management lifecycle, this is the platform for large enterprise growth.

http://sowellmanagement.com/wp-content/uploads/...2016.compressed.pdf
 

from 4.4 billion to 5.5 billion in one year througg organic growth and to more than 6.5 billion trough organic growth and the buy of SAS

Total assets in program: Key Operating Metrics – Enterprise TAMP: $4.4 billion in AUM and $559 billion in AUA as of 9/30/15; VisX: $13.5M in AUM as of 9/30/15
http://sowellmanagement.com/wp-content/uploads/...2016.compressed.pdf

$5.5 billion in regulatory assets under management and the acquisition of SAS is expected to add an additional $1 billion in regulatory assets under management
*As of 9/30/16 unless otherwise noted
http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf
 

https://www.artificialintelligenceonline.com/...nsurance-great-again/  

PLATFORM ECONOMYstrategic use of technologies to create platform business models is driving unprecedented growth opportunities in the rapidly expanding digital. Like Silicon Valley’s giants of platform capitalism, insurers need to invest in platforms as a long-term play.

- 83% of insurers expect platform-based business models to become part of their growth strategy in 3 years.

- 36% of insurers believe adopting a platform-based business model and engaging in ecosystems of digital partners are critical to business success.

81% of insurance executives agree that platforms will be the glue that brings organizations together in the digital economy.

https://www.accenture.com/ca-en/...t-insurance-technology-vision-2016  

http://agencychecklists.com/2017/01/17/...riers-meet-askkodiak-16612/

 

Anzahl der almost 200 agencies des Mitwettbewerbers Askkodiak,

“We have almost 200 agencies of all sizes and shapes on the platform.”
http://agencychecklists.com/2017/01/17/...riers-meet-askkodiak-16612/

Platform is integrated into 100 of the largest insurance carriers and has 5,543 carrier connections, creating the largest source of insurance flow for direct carriers, agents, agencies and alternative insurance distributors
http://www.actua.com/wp-content/uploads/2016/11/...6-slides-FINAL.pdf
 

My estimate for the revenues in 2017 = 135 million as the result of organic growth. The buy of tuck-inn's can increase this amount.

VelocityEHS: 57 million

Foliodynamix: 38 million

Bolt: 40 million


My estimate for the multiples of the revenues of the three core-companies:

Velocity = 4.5-times-revenus = 4.5 * 57 = 256 million

Foliodynamix = 4.5-times-revenues = 4.5 * 38 = 171 million

Bolt = 5.5-times-revenues = 5.5 * 40 million = 220 million



The result of an addition of the value's of the three core-companies is about 650 million (for lower than 100% ownership of the 3 core-companies I ignore the ownership in the venture capital-companies). And I add about 50 Million of cash = a fair value of about 700 million.  

 

Wachstumsrate waren bzw. sind immer noch bei Erwartungen höher.  

Insurtech 2017 Global Market Expected To Grow At CAGR 10.41% And Forecast To 2021
WiseGuyReports.Com Publish a New Market Research Report On - "Insurtech 2017 Global Market Expected to Grow at CAGR 10.41% and Forecast to 2021".

WiseGuyReports.Com Publish a New Market Research Report On - "Insurtech 2017 Global Market Expected to Grow at CAGR 10.41% and Forecast to 2021".Pune, India - January 11, 2017 /MarketersMedia/ -- The analysts forecast the global insurtech market to grow at a CAGR of 10.41% during the period 2016-2020.

https://www.free-press-release-center.info/...nd-forecast-to-2021.pdf

 

VelocityEHS is a leading provider of cloud-based environment, health and safety (EHS) software. Its comprehensive software platform and innovative mobile solutions aim to make enterprise-level EHS functionality accessible and affordable to businesses of all sizes, helping them solve complex compliance and regulatory challenges in simple ways. Today, more than 12,500 customers worldwide, from virtually every industry, trust VelocityEHS and its solutions to improve EHS performance.

http://www.actua.com/...ores-naem-ehs-sustainability-software-report/
 

haben sich offensichtlich nicht am Rückkauf von Aktien durch Actua beteiligt                                                                                                                                                                                                                                                                                            

Owner Name
Date
Shared Held
Change (Shares)
Change (%)
Value (in 1,000s)

FMR LLC
12/31/2016
5,921,628
(4,605)
(0.08)
83,791

DIMENSIONAL FUND ADVISORS LP
12/31/2016
2,390,957
160,963
7.22
33,832

BLACKROCK FUND ADVISORS
12/31/2016
1,184,850
182,253
18.18
16,766

BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A.
12/31/2016
1,041,827
(10,161)
(0.97)
14,742


Read more: http://www.nasdaq.com/symbol/acta/institutional-holdings#ixzz4YZKm2EZz  

Wenn 11,4% gleich 4,588,094 shares sind, geht man von 39.552.634 ahares aus
Based on the final count by the depositary for the tender offer, Actua accepted for payment an aggregate of 4,588,094 shares of its common stock at a purchase price of $14.00 per share, for an aggregate purchase price of approximately $64.2 million, excluding fees and expenses

Davon abweichend werden 36,776 Millionen Äktein angeführt, die für den Gewinn pro Aktie maßgeblich sind und die ich für die Bewertung der Aktien als geeigneter ansehe.

Shares used in calculation of GAAP net income (loss) per share attributable to Actua:
Q3/2016
Basic 36,776
Diluted 36,776
 

http://www.actua.com/actua-announces-final-results-tender-offer/

http://www.actua.com/wp-content/uploads/2016/11/...-FINAL-PDF-645.pdf
 

I allocated much time on Bolt because my research led me to believe there is a meaningful value proposition from the Bolt Solution.  The infrastructure build-out to enable Bolt’s role as an aggregator is expensive and the decision-making process by customers is appropriately long but the marketplace has already validated the Bolt Solution and premium growth is demonstrative of a strong trajectory of potential upside and further reinforced by the robust pipeline for getting to the 90% coverage goal.  It is admittedly hard for me to think about ascribing so much value potential to something that has yet to generate cash flow but I am ascribing a high probability of Bolt being successful based on existing results that more than validate the concept and further reinforced by primary research with industry participants.  In regards to valuation, for context, note that the best publicly-traded peer is Guidewire Software (GWRE) which provides the core software that P&C insurers use to run their business-from underwriting and policy administration to billing and claims management.  Guidewire is trading at 10x LTM revenue and 39x 2017E EBIT.

https://www.valueinvestorsclub.com/idea/ACTUA_CORP/137109
 

to Expand Hazardous Chemical Labeling Options in the Workplace

Chicago (February 14, 2017) — VelocityEHS, the leading cloud-based environment, health, safety (EHS) and sustainability software provider, has partnered with Avery Products Corporation, the leading manufacturer of printable labels and cards, to expand the printing options available to employers that must comply with rigorous workplace chemical labeling requirements. Workplace labels and secondary container labels are the first line of defense in keeping employees safe from chemical emergencies. Now, users of the VelocityEHS MSDSonline brand chemical management solutions have more flexibility to create and print customizable workplace labels that meet their specific needs and the U.S. GHS-aligned Hazard Communication Standard (HazCom) requirements with information taken from safety data sheets (SDSs) in their eBinders.

http://www.actua.com/...azardous-chemical-labeling-options-workplace/  

von 700 Millionen aus meinem Posting 8638 mit den 31 Millionen Shares aus meiner Schätzung im Posting 8644 zusammenbringt, kommt man auf ein Fair Value pro Aktie von ca. 22,5 Dollar.

das ist mein Jahresendziel, da ich hoffe, dass sich bis zu diesem Zeitpunkt meine Sichtweisen - unterstützt von der Veröffentlichung klärender Fakten - durchgesetzt haben.  

Results Thursday, March 9th Before Market Open

RADNOR, Pa., Feb. 15, 2017 (GLOBE NEWSWIRE) -- Actua Corporation (ACTA), the multi-vertical cloud company, will release the financial results for its fourth quarter and full-year ended December 31, 2016 on Thursday, March 9, 2017, before the market opens.

http://finance.yahoo.com/news/...ce-fourth-quarter-end-140000056.html
 

All that happened by Foliodynamix in Q4/2016

FolioDynamix
https://lnkd.in/dePJ7Z9
PlanMember Services Chooses FolioDynamix for Technology, Trading Support
foliodynamix.com
November 30, 2016 10:14 pm CARPINTERIA, Calif. and NEW YORK, November 29, 2016 – California-based PlanMember Services is in the midst of rolling out the FolioDynamix platform to hundreds of representatives across the country.

FolioDynamix
https://lnkd.in/gw9Q3XR
FolioDynamix Announces Collaborative Partnership with PIEtech Enhancing Comprehensive DOL Solution
foliodynamix.com
November 16, 2016 4:50 pm FolioDynamix, a leading provider of wealth management technology and advisory services, today announced a collaborative integration with PIEtech, the creator of MoneyGuidePro, the award-winning financial planning solution.....

FolioDynamix
Excited to work with new client HD Vest to help solve for DOL Fiduciary Rule challenges! https://lnkd.in/eCyQe-U
Blucora and FolioDynamix Partner to Offer Account Management Solution for HD Vest Advisors
foliodynamix.com
November 7, 2016 6:13 pm Blucora, Inc. (NASDAQ: BCOR), a leading provider of technology-enabled financial solutions to consumers, small businesses and tax professionals, today announced a partnership with FolioDynamix, a leading provider of wealth...

FolioDynamix
Excited for the new opportunities this acquisition brings for our firm and our clients! https://lnkd.in/edKvvP3
FolioDynamix Announces Acquisition of Summit Advisor Solutions
foliodynamix.com
November 2, 2016 8:14 pm FolioDynamix, a leading provider of wealth management technology and advisory services, today announced the acquisition of the assets of Summit Advisor Solutions (“SAS”), a Dallas-based firm focused on providing advisory...

FolioDynamix
Happy to be recognized as the best digital solution at WealthManagement.com’s annual awards gala event held in New York last week! We were also a finalist in a second category, Best Provider: Portfolio Management, Accounting, and Performance Reports. The award recognized the integration robo functionality into a single platform with access to a range of managed account options, including Rep as PM. More here: https://lnkd.in/eeG9TUA