Macro 4 Share Discussion Threads

[nurdin] 16/12/2003 12:51

Eps record looks great too
02 3.5p
03 6p + 71%
04 estimated 13.3p +121%

With that kind of eps growth and forward pe of 11.6!! And theres 4% divi to boot!

[sreed] 16/12/2003 12:26

BLUE ON A RED DAY

[nurdin] 16/12/2003 11:53

MAO are becoming recognised for their hidden potential.Gemini could be talking to them to support their Inland Revenue contract...a guess but perfectly feasible!

[nurdin] 15/12/2003 13:12

17700 bought at 152p....dont hang around too long lol

[nurdin] 15/12/2003 08:03

Off the mark..10k buy last thing friday and more to come I reckon...

[nurdin] 12/12/2003 08:23

Two months old news but worth a aread....

''Pitney Bowes Inc. the recognised leader in integrated mail and document management solutions, with revenues of $4.4 billion, will add global software company, Macro 4's Columbus software as a part of its electronic document management solutions. Columbus - which streamlines the storage, manipulation and distribution of high volume business documents such as orders, bills and customer correspondence - will be resold alongside other Pitney Bowes Document Management Technologies offerings throughout North America.

The signing of a formal reseller agreement with Macro 4 follows Pitney Bowes' successful use of the Columbus suite as part of a customised solution for one of its largest US customers.

Columbus was selected for its recognised industry leadership in managing complex, document-intensive processes. As well as facilitating fast, secure, multi-channel retrieval of information - regardless of originating format, the software enables companies to meet statutory archiving obligations by storing exact, unalterable copies of original inbound and outbound documents. Columbus is designed to alleviate the headache and reduce the expense of document delivery for complex, multi-channel enterprises....''

[hosede] 11/12/2003 16:26

Hoped this was going to drop back further today, Reckoned I've missed it now for the moment so added a big chunk of XKO which has not made a "second" move up yet. At 86 its on a forward PE of around 9 and pays a divi (though not as good as MAO's) and the directors are well known for understating likely results.

[nurdin] 11/12/2003 16:05

Phew penpoint..was getting worried talking to myself!
I think the market is now becoming aware that IT spend is likely to increase in the coming year..and MAO appear to have a product that everyone will want to have imo.The more I read about BIL and Columbus the more I feel the full potetial of this product hasnt been fully appreciated yet..workflow management,data transfers to mobile hand sets etc...it has a wow factor imo.
Yes the FD was very pleasant to talk to :o)
Pilat is a frustrating stock...spread is probably putting off most investors Id guess but come the results time I reckon these will be well past 50p...

[penpont] 11/12/2003 15:54

Nurdin - I've been lucky enough to be in these at prices from the low 40s up to 70p, so obviously very happy, even though I took some profit at 110p odd.

Can't quite figure out reason for rise happening at this time, apart from SCSW tip - the info about BIL potential has been public for long enough, but thanks for your additional info re talking to the company.

It all sounds good-interims should certainly be interesting.

(By the way I agree about Pilat too - seems v odd there was so little reaction to the recent £10m order.)

[nurdin] 11/12/2003 15:16

We are off! Am i the only one left here?? :o(

[nurdin] 11/12/2003 11:54

Just had a word with the company...they have had several sales of BIL since the finals..things are going pretty well.All will be revealed with the interim results which will be announced on 17Feb..I might even add more now...

[nurdin] 11/12/2003 09:09

''Significant new contracts in BIL Division signed with Bayer,
GlaxoSmithKline, Total ATOFINA and, together with Xerox a large deal for
high volume printing with Siemens Business Services....''

Theres more to come..print management is now recognised as the key target within industry for cost saving and optimising the use of printing assets...

[nurdin] 10/12/2003 11:25

Lots of jewels to be picked up in the Tech Sector..MAO is one but also check out Pilat media (PGB)...trading on forward multiple of just 7..recently announced a £10m contract..has gone unnoticed imo

[kitkat] 10/12/2003 11:01

last chance below 150p imho

[kitkat] 10/12/2003 10:59

;-)
hang on for a roller coaster ride to the maooooooooooonnnnnnnnn

[hosede] 10/12/2003 10:49

well little doubt about the break out now! but why MAO specifically? is there some rumour about? Other software cos like AIE and XKO that I follow are not moving at all

[nurdin] 10/12/2003 10:09

Wish I could have a target..but I do believe theres an increase in IT spend within industry and this should accelerate next year.If this trend is confirmed MAO along with other software companies are due for a serious rerating.Brokers expect current year eps of 13.3p ,,thats a PE of just 10.5 for the full year.If MAO begin to make sales of their BIL and SMP products we could be looking at eps of 16-17 for next year ie multiple of under 9 at 140p.A rerating to multiple of 15 which is quite modest would give a target price of 240p...so you might be right in your projections....

[kitkat] 10/12/2003 09:58

any targets nurdin
I'm looking for first stop at 185p then 250p

[nurdin] 10/12/2003 09:52

I say looking exciting now....L2 looking any good kitkat???

[nurdin] 10/12/2003 08:42

A couple of BIL deals and we are looking at 200p +...this one has been left behind in recent tech rally...morning kitty :o)

[kitkat] 10/12/2003 08:40

getting very exciting 2mm at 142p

[kitkat] 10/12/2003 08:36

last one at 137p

[nurdin] 09/12/2003 17:42

Hosed..yes I agree the guidance given then didnt make thrilling reading.But do bear in mind that since then the business has been rationalised which will produce savings of over £5m year on year.The recurring revenues are currently running at £19.5m and as SCSW says they need to generate just £6.5m of license income and £2m of service revenues to acieve profitabilty.In their words that looks ''virtuality certain''.All in all the current rating seems to discount bad news on the trading front which appears overtly cautious.The company has a good asset base,is operating profitably and is rated as if they will have no growth going forward.In other words all the bad news seems to be in the share price.I am attracted by the potential of BIL and with Xerox and Sun signed up as distribution agents I believe MOA could see explosive earnings growth perhaps in not too distant a future..CEO buying shares adds comfort....

[hosede] 09/12/2003 17:12

Nurdin
the forcast given at the time of the last results (4.9.03) was not overly optimistic -sales to be flat for the next year. That I suspect is why people are not piling in.

[nurdin] 09/12/2003 12:15

Good on yer kitty!