Electronic Data Processing Share Discussion Threads

[feedthegoat] 21/1/2004 11:43

Might have got away with it if they hadn't screwed up the announcement.

[pommey1] 20/1/2004 19:46

Seen no increase in MD's salary for a few years now. Recent up brings an easy win. Shareholding still higher than institutes and still in line with Chairman - Heller! He'll buy back when these drop again. Interesting that announcement came at close though. maybe nobody will see it!

[call-logger] 20/1/2004 17:04

Hopefully just needs the odd 75 grand - LUFC up for sale?

[feedthegoat] 20/1/2004 16:48

Jowitt sells 100k for 76p....whats that all about.Tempted to ring him.

[pommey1] 19/1/2004 14:23

sreed.

I see you have also started a thread. What information do you have to suggest this?

[sreed] 19/1/2004 09:20

Check this out, could double imho

[feedthegoat] 08/1/2004 11:58

agreed,ticking back up.
AGM due soon also....need info.

[pommey1] 06/1/2004 16:40

Looks like the company may be in a buy back situation again.IMO

[pommey1] 27/11/2003 15:34

boucher

No chance IMO. Just look at the results. 1m profit before EX,EX EX, It reads like a telco statement. Once excetionals, legals and dividend is paid out profit is gone. The best revenue generator for this one is the Tax Credit for R&D. Look back at the previous accounts and you will see R&D of 1.5 to 2 m each year. Why? They only have a T/O of -9m.DYOR

[boucher] 27/11/2003 14:57

does anyone think this share could ever reach 3.73 which it was 2 years ogo

[feedthegoat] 26/11/2003 11:16

start of run up to results before xmas...maybe.

[pommey1] 05/10/2003 20:52

Looks like sub 60p soon! IMO.

[ruairiglenn] 12/9/2003 10:14

Anyone here have any actual dealings with EDP as a company ie by using their products?

[pommey1] 09/9/2003 00:08

Any news of any sales of the new software product? Can't see anything on the website. Share price now dropping below the 80p mark! DYOR

[richjp] 18/7/2003 17:26

I posted what is below on a different MB a couple of weeks ago before finding this one and before reading feadthegoat's posts about EDP. Assuming he is as well informed about the company as he appears to be, I think our views are mutually supportive. I appreciate his point that the company is run by "canny Yorkshiremen". One consequence of that is that they don't seem to have much time for the city whizz kids, which the city types don't like too much so maybe the company doesn't get as much press as it might. EDP seems to have gotten the reputation of being an unglamorous stock however to me that's a bit relative. I feel that it seems to offer the growth potential that few industries other than IT can offer, coupled with a certain conservatism resulting in a good balance of risk/reward.

My earlier post for what its worth, was as follows:

I bought into the company about 4 years ago just before the internet boom and I'm actually showing a profit again. I could have gotten out much higher at one time but like many I was far too greedy.

EDP has come in for a lot of criticism in the past however, as someone who has been in the IT industry for over 30 years, I think we should consider the following.

EDP has been in business for over 20 years if not 30 years. When it started the Information Technology industry was known as - yes - the Electronic Data Processing or EDP industry hence the company name. The IT industry has gone through several huge structural changes since then. Bureaux services to on site installations, now back to on line applications. Mini computers (anyone remember them) to PCs and now the internet. I don't remember the details but what I can say is that EDP - the company - has reinvented itself at least twice through that period and now it is starting to do the same again.

I think we should give credit to a company that has survived through all that change and retained its independence. How many UK IT companies can say that?. That has to say something for the management. It generates cash and as we can now see it has invested in new services.

It may not get back to the 400P of the internet peak, but for anybody coming in now I reckon it should be pretty good over a three to five year time frame.

[pommey1] 14/7/2003 09:18

Unless this company builds a major dealer network the new software will go nowhere. As far as I can tell they do not have any significant salesforce and only about c350 customers. The company is also divided into many subsidiaries with each one having it's own SOP system. The common thread seems to be the DBMS that runs each application.
I hope that they find the route to market and we will all be happy as Larry! DYOR

[call-logger] 12/7/2003 00:00

No

Personally, I'll be very happy with a quid

[feedthegoat] 11/7/2003 16:07

If the software takes off then they have the cash/freehold backing to achieve a substantial move towards that.Plus directors have a large holding and Herald recently inc. the stake to 8%.

[boucher] 11/7/2003 11:49

i bought these at £3.73 sometime ago can anyone see these shares attaining this again

[feedthegoat] 10/7/2003 15:03

usual tree shake then resuming upwards

[feedthegoat] 09/7/2003 14:50

"Suited his circumstances @the time
also neither here nor there in value"Everyone is excited about prospects going forward.
As i've said i've met these guys and they're if anything overcautious on everything.
DYOR as always.Up today!

[hugepants] 08/7/2003 08:02

Ive sold all mine now. Too tempting to take a big profit especially when the markets are so unpredictable.

PS. Ive been buying TCC. Another profitable s/w company with a large pile of freeholds on the balance sheet.

[feedthegoat] 08/7/2003 00:22

keep pointing out he is not a big earner
also has 30000 options @40p
but yes it is puzzling

[azalea] 07/7/2003 18:13

If the FD has sold all of his paltry holding of 5,000 shares, then I for one am bound to believe something is amiss, ie, the shares are over priced at the very least. The consequences of him doing so cannot have been lost on him, options or, no options; the fall in price reflects that conclusion.