Contango Share Discussion Threads

[wavydavy22] 14/3/2008 13:02

CGO are a fine company but at the moment AIM is dead.

[wavydavy22] 14/3/2008 12:49

Coincall

I took all my money out of Conchango at 22p down to 20p.

I have reinvested this substantial cash pile by shorting the house builders index.

[stun12] 13/3/2008 17:24

It looks like it was done as a reverse takeover i.e. Harrier bought Conchango. So you HRR shares are now CGO shares I think. Here's the RNS for it:

[thebaron] 13/3/2008 13:04

I have 471 shares in Harrier -should I have received any shares in conchango?

[stuart14] 21/2/2008 14:58

jjohn, sorry for the delay, what do you mean?

[stun12] 21/2/2008 14:56

Put a toe in the water at 19.4p, been hoping to pay 19p for ages but the volume is so light that it wouldn't fill. Just watch it go 17-19p this afternoon!

Pretty dull, pathetic volume. Welcome to AIM.

[jjohnn] 17/2/2008 18:27

Stuart when mentioned IG did you mean placing a stop at 100% back from the opening bet/price?
Meaning,of course, that you,d be laying out the full buying price.

[wavydavy22] 28/1/2008 20:59

Picked up 28900 at 19p today.

[stuart14] 25/1/2008 17:08

Let us know before you buy!!!

[wavydavy22] 17/1/2008 19:26

When some funds come through to me I will be buying 200,000 of these as I hear good things about them

[stuart14] 17/1/2008 10:36

If you google sny of the niche Microsoft products, SQL-Server 2005, Biztalk, Sharepoint etc all the main blogs are written by Conchango staff. They really do have some of the best technical skills in the market.

I'm trying to do some research into other software consultancies on AIM to see what they are valued at.

[andrbea] 17/1/2008 10:31

project example:

Later, Phil Dawson from Conchango demoed a multimedia-heavy website created for Robbie Williams and a user interface designed for the Financial Times website. Both were created with Expression.

"Whether targeting the web, desktop or mobile devices, user experience presents a huge opportunity for designers and developers. With the Expression products Microsoft aims to deliver essential tools to create the next generation of user experiences," said Microsoft's John Allwright.

[stuart14] 16/1/2008 10:58

Thanks a lot BF. They had some really good projects last year, but some bigger ones kicked off in Q4 so those figures won't have come through yet. I'm waiting to see if IG will hold the stock for me, of not i'llhave to buy it!

[bustedflush1] 16/1/2008 09:52

£2.3 million is for 9 months ending end Sept 2007.

For the complete financial year I think the market expects about £3.3-3.5 million.

Eps works out at about 1.9p so the PE for last year based on a share price of 23p is about 13.

The company is growing very well and companies like this usually command higher PE ratio's than the market average.

[stuart14] 16/1/2008 09:33

No worries. Not sure if i should write more than that!!!

Is a market cap of £37m and a pre-tax profit of £2.3 million a good ratio? Is that a PE of 16?

[stuart14] 16/1/2008 09:14

I'm a supplier to them. (I.T niche skills)

[bustedflush1] 16/1/2008 09:14

Excellent news Stuart.

As a matter of interest what sort of work do you do for CGO ?

[stuart14] 16/1/2008 09:04

I do a lot of work with CGO. Like the Co a lot. Going to buy me some today!

[andrbea] 16/1/2008 08:49

biggest riser ... on a weak day for the markets

[bustedflush1] 16/1/2008 08:26

Long term winner.

Acquisitions already being lined up I gather.

[bustedflush1] 15/1/2008 11:01

Basic background on Conchango:


Conchango was established in 1991 to deliver business and consumer solutions through the effective and innovative use of technology. Conchango helps organisations look at new ways to improve the way they interact with customers and suppliers, through the use of customer-centred techniques. Clients also look to Conchango to support them in future technology investment decisions and build enterprise applications across a variety of media and technology platforms.

Conchango's skillset and approach is an integrated one that puts the skills of consumer knowledge, brand understanding alongside deep technology development and systems integration skills.

The results are applications, websites, intranets, kiosks and mobile applications that are useful, usable, robust and accessible, first time out.

Conchango's approach is to focus on initiatives that deliver the greatest tangible improvement for their clients' businesses. This is achieved by adopting the Scrum approach to agile programming, whereby development teams deliver bite-sized chunks of complex projects in 30-day "sprints".

Conchango has worked hard to integrate the disciplines of user-centred design (UCD) and Agile development methodologies that have traditionally not blended well. Having worked in both these approaches for several years now, Conchango has a mature model that enables agile projects to leverage the best of UCD and branding.

Conchango won the Information Management Award and received the Microsoft Certified Partner Award for best business intelligence solutions. Conchango has also won awards for Best Websites for Virgin Atlantic and Nectar.com.

Conchango's main market areas are Retail, Financial Services and Media. Customers include: Boots, Bristol & West, Capital One, Chevron, Financial Times, HMV, Lloyd's, Marks & Spencer, Tesco, Virgin Atlantic Airways and Virgin Mobile. Its strategic partners include Microsoft, BEA, Fast and Ab Initio.

Headquartered in the UK, Conchango has offices in London, Surrey, India and New York.