March Networks Share Discussion Threads

[madmix] 02/3/2006 17:45

Obviously the webcast and results went down well in Canada then!

You and your big mouth! ;-)

[sivadnoj] 02/3/2006 16:10

Thanks Milesy.

regards

[milesy] 02/3/2006 15:53

S,

Patent infringement - one case continuing...company is defending vigorously and expects costs re this to remain as current levels

Acquisitions - nothing specific as I recall, but positive on possibility.

Europe - lots of talk of international expansion incl Europe, though nothing specific other than expectation of headcount increase outside Canada.

>M

[lasata] 02/3/2006 15:33

Breakout on good volume usually a positive sign

[sivadnoj] 02/3/2006 15:33

I missed the call I'm afraid. If anyone caught it,were there any developments re:
1. Patent infringement claim.
2. Potential acquisitions.
3. Europe?

Thanks

[lasata] 02/3/2006 15:31

£25 target on the charts

[sranmal] 02/3/2006 15:04

Obviously the webcast and results went down well in Canada then!

[milesy] 02/3/2006 14:20

Thanks Madmix - sounds like there should be greater visibility of March in UK/Europe by end 06 given the emphasis on expansion of international ops.

>M

[madmix] 02/3/2006 13:47

Q&A session just started...

[madmix] 02/3/2006 13:47

Hi,

The Q3 presentation is currently in progress here :



I missed the start, but there are slides on this page.

Cheers,

Chris

[milesy] 02/3/2006 13:43

Eeehaah...now through £20 on the offer.

>M

[sranmal] 02/3/2006 13:16

BST = GMT+1

so it should have happened at 12.30pm? I'll be trying to listen to the replay when I get home.

[sivadnoj] 02/3/2006 13:03

Could someone confirm the time of the call please. 1.30pm BST = 2.30pm this afternoon?

Thanks

[mitzis] 02/3/2006 10:27

I reckon Evolution will have to upgrade their price target...

[sivadnoj] 02/3/2006 09:34

Very good news about the margins I think. Suggests either (or all of!): (1)no real competition for them in their chosen markets; (2) the product is sufficiently good compared to the competition that customers are prepared to pay a premium; (3) Costs under control and efficiencies being realised; (4)Inherently conservative forecasts.

Looking forward to the call...

[sranmal] 01/3/2006 23:36

RBC forecast EPS for Q3 was 22c (revenues $20M), Q4 is 23c (revenues $21.2M). They may have to upgrade now due to consistently high margins!

[lordcoco] 01/3/2006 23:16

Will be interesting to see reaction tomorrow Ottowa Business Journal were saying ananlysts predicted 22c per share, it's comfortably beyond that!

[sranmal] 01/3/2006 23:09

I think FY results may surprise on the upside too. YTD earnings are C$13.1M - MNW forecast FY earnings in the range C$16-18M. Earnings for the 3 quarters have been C$2.8M, $5.1M, $5.2M. Merely matching Q3 would give FY earnings of $18.3M, beating the top end of the guidance.

Webcast tomorrow should be interesting as you say.

edit - yep, exiting healthcare may add something too.

[lordcoco] 01/3/2006 23:01

Also seems to be very healthy cash generation - $6.6m, more than the previous six months combined.

I take it the exiting/sale of the Healthcare business is going to have a positive impact at year end too, which has not been accounted for?

[spinkydink] 01/3/2006 23:01

coff howard

[Abuse team] 01/3/2006 22:57

Post removed by ADVFN

[lordcoco] 01/3/2006 22:55

Yes, pretty good considering "excptional" Q2 and a generally expected weak quarter. Fourth quarter "expectations" sounds interesting, maybe find out a bit more tomorrow. No double digit growth this time round though, oh well.

[sranmal] 01/3/2006 22:38

There we go:



Pretty good in all. Just beat Q2 results in what was supposed to be a weak Q due to seasonal factors. Matched Q2 earnings of 30c (RBC expected 22c!). Raised FY profit forecast to C$16M-C$18M from previous guidance of C$14.0M-C$16.0M due to better margins.

[sranmal] 01/3/2006 22:06

Trying to figure out when Q3 results are out - stated to be 17.30 ET which should be 10.30pm over here? Find out if I'm right in 25 mins then!

[mitzis] 01/3/2006 18:56

Thanks m8.....currently pushing $40 at the mom...