Mediasurface Share Discussion Threads

[anupama] 26/6/2007 13:23

Yump, totally agree with you. In fact when I first heard about the Immediacy offering and how good it was from a designer I started wondering whether MSR would suffer not having a product suitable for the mid sized market.

I think strategically Immediacy would be a great fit for MSR and I believe the market will love this deal (as I do!). I have to admit recently I was thinking of taking some profits in MSR but now I'm happy to hold on and buy for the mid to long term.

PS take a look at the Immediacy website, its pretty good as you would expect.

[bloodhound] 26/6/2007 13:23

The deal looks like a corker to me...............!

[yump] 26/6/2007 12:06

anupama
Thanks for confirming that my memory is still at least partly functioning !

The more I look at it the better the deal gets - can usually find something to moan about eg. overpaying, doubtful fit, dilution etc.

Not with this one. Nice suite of CMS offerings now - all highly rated by customers and they seem to have paid a reasonable price. Not often you get an acquisition like that. Already in profit and growing.

[anupama] 26/6/2007 11:24

I mentioned Immediacy some time ago as a possible rival and the feedback from a couple of designers was that the company's products were very good and they were recommending them to mid sized clients. Without reading the RNS in detail my immediate (sorry!) reaction is that this looks like an astute purchase by MSR as they will now have highly rated products suitable for small (Pepperio), mid (Immediacy) and large (Morello) customers. The advantages are obvious.

[bloodhound] 26/6/2007 11:23

"Can't find it on the thread, but wasn't Immediacy mentioned earlier in the thread as a potential rival and highly rated by designers."

I thought exacly the same thing yump, too busy to research it right now though. Market likes the deal will be significant for future earnings.

[yump] 26/6/2007 11:12

Quick calc:

MSR interim pretax 0.4mln based on 77mln shares.

Immediacy full year pbt 0.5mln. 20mln more MSR shares.

So is that approx. a potential 50% rise in pbt for the enlarged group, while issueing 26% more shares ?

Nice deal if it is...

[yump] 26/6/2007 11:09

Can't find it on the thread, but wasn't Immediacy mentioned earlier in the thread as a potential rival and highly rated by designers. If so, perhaps it wasn't a direct rival. Looks like a good fit. Haven't done the numbers yet.

[bb4] 26/6/2007 11:07

The Immediacy content management system (Immediacy CMS) focuses on making the process of creating, publishing and
managing content online, simple and intuitive for non-technical users. As a result of its ease of use and rapid
deployment it provides a scalable content management system that is particularly suited to medium-sized businesses.


The average licence and first year support revenue for an Immediacy project is
#27,000. Licence revenues account for 49% of company revenues, with consulting
and support accounting for 25% and 26% respectively.

In the year ended 28 February 2007, Immediacy generated revenues of #3.4
million, representing an increase of 42% over the previous year, and made a
profit before tax of #0.5 million. As at 28 February 2007, Immediacy had net
assets of #1.0 million. The annual value of Immediacy's support base is
currently #0.9m.

[bloodhound] 26/6/2007 11:00

Well they're going for it aren't they, placing price is 23p per share too!

[bb4] 26/6/2007 10:59

26 Jun 2007
Mediasurface to acquire Immediacy Limited
Mediasurface plc, the AIM listed Content Management Software Author and Vendor, today announces its intention to acquire Immediacy Limited ("Immediacy") for consideration of approximately £5.6 million.

[yump] 26/6/2007 09:41

Some signs of life again. Interesting as there are no results due.
Not much volume/money involved - perhaps just summer stock run low ?

[bb4] 24/6/2007 22:06

18 June 2007 - Mediasurface has announced Pepperio, the content management solution for small and medium sized businesses (SMEs), hit its 100th end-user website target in a positive first six months, through working with over 40 partners. Excellent product reviews from industry analysts Butler Group and various trade press publications in recent months have enabled Pepperio to leverage success across the UK , US and AsiaPac. The news also comes on the back of Pepperio's successful launch and recent expansion into Australia.

[bloodhound] 06/6/2007 08:31

The old kid doesn't seem to have many friends at the moment...sadly.....

[bb4] 18/5/2007 15:20

Mediasurface wins Google Award
18th May 2007 - Mediasurface, the fastest growing web content management solution provider, has been named as Google's 'Best Enterprise Content Management (ECM) Partner' in their recent Partner Connect 07 Awards.

In January 2007 Mediasurface and Google signed an agreement to integrate the Google Search Appliance (GSA) into the Morello enterprise web content management system. This provided a compelling solution that delivers a united web content management and enterprise search capability. The combination of the familiar GSA together with the user friendly Morello system delivers a highly intuitive tool designed for business users. The GSA enables individuals to search content and data on all the company's websites, servers, and content and document management systems in a similar way to searching the internet.

Robert Whiteside, Google Enterprise Division said:

"Amongst the Google Enterprise Professional partners Mediasurface are at the forefront of content management system development and this award recognises their efforts in enhancing the search experience of their customers through the use of Google's Search Appliance. Mediasurface has developed a strong integration between the Google Search Appliance and their Morello CMS and this has ensured that their customers benefit from access to both a great CMS and highly relevant search results. We are delighted that Mediasurface have raised the bar on search as part of the decision making process when selecting a new content management system."

Andy Peart, CMO of Mediasurface commented,

"We are delighted to have received this award in recognition of the strength of the partnership between Mediasurface and Google. The continuing development of this relationship will help us deliver even more value to our users".

[bloodhound] 15/5/2007 15:47

"With content creators having the ability to upload directly this is a huge benefit for the IT department as they can now focus on other areas without causing issues for the web content of the company."

I saw a demo of this a few years back and very impressive it was too.

[bb4] 14/5/2007 15:26

Infor Selects Morello from Mediasurface to Manage its Web Content Globally

14 May 2007: Infor, a provider of business specific software that helps enterprising organisations of all sizes adapt to change, today announced that it has adopted Morello from Mediasurface to manage web content across the enterprise. The new Infor site has just gone live and plans to re-launch all of the company's 26 regional sites are currently under way with completion planned for the end of June 2007.

Infor has enjoyed rapid growth in recent years, both organically and through acquisitions, and was looking for a content management solution that would help them manage their extensive global portfolio across 26 regions. The requirement for a single technology that would support their internet, extranet and intranet activities while remaining easy and intuitive for business contributors to use was paramount. Morello provides an easy to use platform that requires minimal training for operation. The infrastructure is easy to adopt and the scalable nature of the solution allows it to be adjusted for multiple areas of operation.

Following the successful implementation of Infor's website, plans are now underway to manage the company's intranet on Morello. Once the intranet is transferred to Morello, employees will have the ability to manage online content and distribute documents themselves without the assistance of the web development team, therefore making the intranet a much more valuable marketing platform for Infor.

Venson Kuchipudi, Senior Director Inter Marketing for Infor commented:

"Our web content is an important part of our business model and our intranet is a large part of our marketing machine. Being able to manage all these elements, including our regional sites, on one platform is a real asset to the company. With the main website we went from concept to roll out in less than six months. Another major benefit was the minimal level of training, which only required a one day training session in order to get our business users up, running and contributing to the site. Now that business users can edit their own online content, the web development team has ceased to be a bottle neck when it comes to keeping content up to date."

Andy Peart, Chief Marketing Officer for Mediasurface said:

"With content creators having the ability to upload directly this is a huge benefit for the IT department as they can now focus on other areas without causing issues for the web content of the company. The relationship with Infor came about through our work with SSA Global, a Morello user that was acquired by Infor. They were able to re-brand their site instantly following the acquisition and this impressed Infor to the point where they wanted to work with us on an enterprise wide level. We look forward to continuing our relationship with Infor in the future and helping them to further develop their online presence."

Ends

[yump] 03/5/2007 10:55

Yes that 81% is another reason I bought in.

I did promise some analysis - going to be next week now as got v busy - want to plot the revenues/costs/profits etc. on the sort of graphs MSR might have in the office if I can, rather than just posting loads of figures. Makes it a lot easier to see what's going on.

[bloodhound] 03/5/2007 09:50

"Perhaps most of the shares are held by long termers"

Yump, 81% of MSR is held by institutions and Management, that's a large and positive measure by anyone's reckoning.

So when Jackson (The head of Sage) says: "Morello continues to attract significant interest and major new sale opportunities exist for the second half of the financial year." I think they (and I) just might take him seriously.

[yump] 03/5/2007 09:17

Perhaps most of the shares are held by long termers who are using revenue growth to check they've got a growth share and are not bothered whether profits grow at 20% 35% 50% or more, as long as they get confirmation that they've bought into a real growth share.

Tongue in cheek I know, but that would be quite unusual for a small stock nowadays as there's generally a lot of trading going on, but it does happen I think.

I'm neutral on the chairman's comments about the second half. Am also in RCG, where a 'will meet market expectations' has been taken by some to mean big increases, although the forecast is flat. So by comparison in those terms, major new sales opportunities for the second half is amazingly positive. MSR seem to have been pretty level-headed about announcements, so I'll just take it as on track and wait to be surprised !

Whatever it means, if they just keep increasing revenues at this rate and the costs tail off, I'll be very happy.

[thepopeofchillitown] 03/5/2007 08:47

Interesting that this has risen pretty much on a daily basis in the run up to the interims, and continues to do so.

While very encouraging results they were hardly earth shattering so is further news on the way?

[bloodhound] 02/5/2007 22:57

"In fact, they are something you mention if you are the Chairman, you want to sound positive, and you are a bit short on orders and sales."

Err don't thinks that's the case with MSR Diogenes. Management have made similar overtures several times in the past and Always delivered!

When Jackson says: "Morello continues to attract significant interest and major new sale opportunities exist for the second half of the financial year." He'll deliver on that........!

[donaferentes] 02/5/2007 22:51

chart looks headed for breakout above previous 26p high - might be a little handle to form as we reach the lip, then we could be up there not too far hence. These look very comfortable for the long term, but need to keep an eye on forever spending the profits on further re-launches.

[donaferentes] 02/5/2007 22:51

chart looks headed for breakout above previous 26p high - might be a little handle to form as we reach the lip, then we could be up there not too far hence. These look very comfortable for the long term, but need to keep an eye on forever spending the profits on further re-launches.

[diogenesj] 02/5/2007 21:15

The problem is, Bloodhound, that 'significant interest' and 'major sale opportunities' are not the same as orders and sales. In fact, they are something you mention if you are the Chairman, you want to sound positive, and you are a bit short on orders and sales. So I do not think that we should attach too much importance to them. They confirm that the Chairman's heart is in the right place and he has been well coached by the house brokers, but they do not have any specific meaning. :-)