Kofax Share Discussion Threads

[matt123d] 01/8/2011 08:46

Back in here at 340p. Looking for a quick move back to 400p.

[matt123d] 29/7/2011 17:03

Updated PE estimates

2011 - 19.36

2012 - 14.96

[matt123d] 29/7/2011 16:19

Teleconference

Confident on outlook and furture growth into 2012 and beyond. Concerns centre around the macro environment and not the business itself.

[essentialinvestor] 29/7/2011 16:08

Fair enough matt, you clearly have more information than me on this.
I thought the rating was far higher than that, it's clearly a lot lower
than Wednesday.

[gnnmartin] 29/7/2011 16:06

:-( Looks that way.

[lennonsalive] 29/7/2011 16:03

I presume the conference call was not good, going by the dip in the sustenance after 3pm?

[gnnmartin] 29/7/2011 15:47

I see they are holding a conference call in the USA at the moment (3pm our time). I guess (or hope) they were a bit startled at the share price reaction. I think everyone is a bit nervous at the moment, with the USA congress & president playing chicken and the Europe shouting "Don't panic!" over the euro.

Anyhow, I've bought a few, so they can go up now. :-)
Nigel Martin

[matt123d] 29/7/2011 14:23

Figures are taken from my Bloomberg terminal and converted to GBP, an average of estimates from all brokers.

[gerdmuller] 29/7/2011 14:05

I have forward eps of 24p and 28p but the 28 is an old figure.

[essentialinvestor] 29/7/2011 13:42

I d'ont think that is correct matt, the forecasts look to be in $'s to me.

[matt123d] 29/7/2011 13:27

2012 - PE 11.03

2013 - PE 9.49

[essentialinvestor] 29/7/2011 13:18

Can anyone clarify what the forward PE based on £ EPS,
they report in $'s now.

[gerdmuller] 29/7/2011 13:10

So what is the thinking on these at this level? I make it that at 350p forward pe is about 14 then 12.

Not holding these now but the head of this co seems excellent to me.

I don't follow this co much now but the biggest concern to me at the moment is not the co itself but the macro situation at present.

Many get nervous as we approach September and I still worry about not only the levels of debt around but also I just can't see where growth and jobs are going to come from in many western economies.

So any setback in the wider market could give many who have made very good gains in these lately a good excuse to sell. I've not bought anything for a while but still hold about two thirds in equities and a third in cash.

[essentialinvestor] 29/7/2011 10:28

I posted here a few months ago that the announcements on new contract wins
appeared to be slowing imo, it was easy to compare against last year -
suprised a few more did not pick on this.

Aware that KFX also have re-sellers, however direct sales are important.

[gnnmartin] 29/7/2011 10:21

It looks that way to me. I see that AFVFN company financials reports the PE as being 7,131.12! :-) I had a quick look at the last accounts, and I think the trailing PE is around 16 at £4, which seems cheap unless the reported slowdown is in fact the start of a setback.
Nigel Martin

[wylecoyote] 28/7/2011 22:31

Am I right in understanding that the sell off may be a little overdone? Investors are a little twitchy these days. Still, I will watch this and try and spot and opportunity.

[bbonsall] 28/7/2011 20:22

Not now it isn't!!

[lennonsalive] 24/7/2011 08:26

KFX seems stuck in a trading range between 450-500.

[matt123d] 19/7/2011 09:01

Leading Global Financial Services Company Expands Its Kofax Solution
Software to Automate the Processing of 100 Million Documents Annually

Business Wire

IRVINE, Calif. -- July 19, 2011

Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions, today announced that a leading global financial services company headquartered in the United States has expanded its Kofax solution to process a greater volume of mortgage related documents. The value of the contract extension to Kofax exceeds $1.9 million.

The customer will extend its Kofax Capture solution to include Kofax Transformation Modules and Kofax VirtualReScan (VRS) to automate the processing of approximately 100 million loan applications and other mortgage related documents it receives annually. Once processed, the resulting images and data will be routed to both a legacy FileNet repository and mortgage processing applications. The Kofax software will enable the lender to improve data accuracy, decrease mortgage processing times and reduce the cost of manual tasks.

"A single mortgage application can be hundreds of pages long and involve dozens of varying types of documents," said Alan Kerr, Executive Vice President of Field Operations at Kofax. "By using Kofax Capture and VRS to transform paper documents into usable digital information and Kofax Transformation Modules to separate, classify, extract and validate the content, customers contending with an onslaught of paper are seeing a significant ROI in 12 to 18 months through cost and error reduction and accelerated processing cycles."

Kofax VirtualReScan (VRS) is Kofax's patented image enhancement and perfection software. VRS reduces the time involved in manual document preparation and enhances the quality of scanned images, dramatically improving both manual scanning productivity and the efficiency of document capture processes. High quality images are critical as they can significantly impact the success of downstream data extraction and retrieval needs.

Kofax Transformation Modules (KTM) adds document and form classification, page separation, challenging data extraction and validation capabilities to Kofax Capture and provides robust scan-to-process applications. By automating what was previously labor intensive, error prone and time consuming tasks, it can significantly reduce labor costs, improve information quality and accelerate business processes.

[matt123d] 14/7/2011 09:43

First sign of a break up through the consolidation/down channel and 500p this morning.

If it does this will be on its way to new highs.

[matt123d] 11/7/2011 09:51

Wire: Bloomberg First Word (BFW) Date: Jul 11 2011 9:49:35
Kofax 'Most Likely to Be Acquired' Among U.K. Software: Numis


By Beth Mellor
July 11 (Bloomberg) -- Numis sees M&A remaining a theme in
U.K. software after recent bids for Misys and Micro Focus; says
Kofax remains top of 'most likely to be acquired' list.
* Backdrop for U.K. software remains more positive than for
many sectors although comparables get tougher in 2H: Numis
* NOTE: MSY LN reports FY results July 21, Sage reports 3Q
July 27, Autonomy reports 2Q July 28, KFX LN reports FY
Sept. 5

[bluebelle] 11/7/2011 09:34

Yes, I agree : ADVFN's coverage isn't brilliant !

[matt123d] 11/7/2011 09:03

Kofax Selected for Microsoft Managed ISV Program

Capture Solutions for Azure and SharePoint Demonstrated at the 2011 Microsoft
Worldwide Partner Conference

Microsoft Worldwide Partner Conference 2011

Business Wire

IRVINE, Calif. -- July 11, 2011

Kofax plc (LSE:KFX), the leading provider of document driven business process
automation solutions, today announced it has been selected by Microsoft to be
a managed independent software vendor (ISV) in a program that includes fewer
than one percent of all Microsoft ISVs. In support of this program, Kofax will
demonstrate document-driven process automation solutions and tools for
Microsoft SharePoint and Windows Azure, Microsoft's platform for applications
and storing data in the cloud, in its booth at the 2011 Microsoft Worldwide
Partner Conference (WPC) in Los Angeles from July 10-14.

Kofax was selected in recognition of its large installed base, its ability to
deliver solutions to Microsoft customers throughout the globe, and its
strategic value as a complementary technology to key Microsoft platforms.
Kofax will work directly with a Microsoft business development manager and
benefit from strategic input from Microsoft executives on developing new
solutions for Microsoft platforms such as Microsoft Windows Azure, SharePoint
and SQL Server.

"Being a managed ISV represents a tremendous opportunity for Kofax and our
partner ecosystem," said Jim Vickers, Senior Vice President, OEM & Partner
Strategy at Kofax. "We look forward to the delivering the benefits of this
program to our entire customer community."

The Microsoft Worldwide Partner Conference helps partners gain insights into
Microsoft's business and technology roadmap for 2011, learn how to expand
possibilities with cloud services, Windows® 7 and Windows Phone, and
experience the latest in solution innovations. More information about the
Microsoft Worldwide Partner Conference is available here: www.digitalwpc.com.

As a Microsoft Gold Certified Partner, Kofax and its solutions enable document
driven business process automation, transactional content management and
archiving for enterprise customers of SharePoint 2010, Microsoft SQL Server
and Microsoft Office. More information is available here:

[matt123d] 06/7/2011 17:51

Below is the most recent.


Wire: Business Wire (BUS) Date: Jul 5 2011 9:00:00
Medical Research Firm Selects Kofax for Invoice Processing Solution

Medical Research Firm Selects Kofax for Invoice Processing Solution

Software to Automate the Processing of 300,000 Invoices Annually

Business Wire

IRVINE, Calif. -- July 05, 2011

Kofax plc (LSE: KFX), the leading provider of document driven business process
automation solutions, today announced that a leading medical research firm and
provider of pharmaceutical, clinical and other consulting services has
selected Kofax for its invoice processing solution. The value of the contract
to Kofax exceeds $800,000.

The customer will implement Kofax Capture, Kofax Transformation Modules, Kofax
Front Office Server and MarkView for Accounts Payable to automate the
processing of approximately 300,000 invoices and other accounts payable
related documents it receives annually. Once processed, invoice images and
data will be routed to an Oracle repository for easy access. The overall
solution will better data accuracy, accelerate the processing of multilingual
invoices and significantly reduce the cost of manual tasks.

"By capturing and transforming paper invoices into digitized information as
they enter an enterprise, customers can streamline the entire accounts payable
process from end-to-end and quickly realize an ROI through reduced errors,
faster processing times and improved cash management," said Alan Kerr,
Executive Vice President of Field Operations at Kofax.

Kofax Capture provides industry leading scan-to-archive capabilities by
scanning documents and forms to create digital images, extracting index data
for retrieval purposes and delivering the images and associated data to a
variety of repositories and applications. This can significantly reduce
retrieval costs while improving better regulatory and compliance efforts.
Kofax Capture is flexible and scalable, enabling customers to define where and
how images are captured and indexed, whether in a home office, remote branch
or back office data center.

Kofax Transformation Modules (KTM) adds document and form classification, page
separation, challenging data extraction and validation capabilities to Kofax
Capture and provides robust scan-to-process applications. By automating what
was previously labor intensive, error prone and time consuming tasks, it can
significantly reduce labor costs, improve information quality and accelerate
business processes.

Kofax Front Office Server extends existing Kofax Capture applications by
allowing customer facing employees in front office environments to initiate
scanning and index data extraction processes at the earliest point of contact
to accelerate business processes, gain competitive advantage and leverage
existing MFP and desktop scanning resources in remote or branch offices. This
office automation solution reduces latency and eliminates the time and cost of
shipping documents to centralized processing centers.

MarkView for Accounts Payable is a comprehensive, capture enabled financial
process automation application for accounts payable and other functions. It
automates the receipt and capture of paper and electronic invoices, performs
data extraction and perfection, and manages workflows for routing transactions
through exception handling and approval processes, significantly reducing
cycle times and costs while optimizing process control and cash flow
management.

About Kofax

Kofax plc (LSE: KFX) is the leading provider of document driven business
process automation solutions. For more than 20 years, Kofax has provided award
winning solutions that streamline the flow of information throughout an
organization by managing the capture, transformation and exchange of business
critical information arising in paper, fax and electronic formats in a more
accurate, timely and cost effective manner. These solutions provide a rapid
return on investment to thousands of customers in financial services,
government, business process outsourcing, healthcare, supply chain and other
markets. Kofax delivers these solutions through its own sales and service
organizations, and a global network of more than 700 authorized partners in
more than 60 countries throughout the Americas, EMEA and Asia Pacific. For
more information, visit www.kofax.com.

"Kofax" is a registered trademark in the US, the EU and other regions. All
other trademarks and registered trademarks are the property of their
respective owners.

Contact:

Kofax plc
Investor Contact:
Jamie Arnold, [phone]
Chief Financial Officer
[e-mail]
or
Media Contact:
Rob Jensen, [phone]
Senior Director, Corporate Communications
[e-mail]

-0- Jul/05/2011 08:00 GMT