Netstore Share Discussion Threads

[widemouthfrog] 04/2/2004 09:19

september highlights from results y/e june 2003:

'Strong Trading Continues - Record Results'

•Turnover increased by 114% to £14.2m (2002:£6.6m)

•Two record contract wins during the year: Housing Corporation and Hackney
- £5.9m and £6.5m respectively in revenue over five years

•Record new sales in final quarter of £5.9m (first year contract value);
well ahead of expectation

•Operating losses reduced substantially to £(3.0)m from £(7.5)m in the
previous year (before charges for share options and goodwill)

•EBITDA positive through the second half with EBITDA losses for the year
reduced to £(0.3)m from £(5.6)m in the previous year (before charges for
share options)

•Cash balances at £12.5m (2002: £15.4m)

"Our key priority has been achieved: to build a sustainable platform from which
to grow rapidly a valuable, managed IT service business.'

'Looking ahead, we have good visibility of revenue, with approximately £14.0m
flowing forward from contracts signed in the year just ended and before; costs
and cash remain under close control and we have a coherent business strategy
that is delivering. The trading environment for IT remains challenging;
therefore we have set ourselves suitably realistic targets for the current year.
We have good reason to look forward with confidence.'

[the jitters] 04/2/2004 01:19

The thing I like here pacman, is how even lowish volume has driven the price up........one can only imagine how some REAL demand would drive the price. Add to that a setof results which could very easily surprise to the upside and we have the potential for a serious rocket!!!



Phil

[divina] 03/2/2004 15:50

Event Details



Title: InfoSecurity Europe 2004

Type: Tradeshows

Description: Infosecurity Europe 2004 tackling the key technology issues set to affect your business. Netstore will also be presenting a new product at the show CORTEX.

Date: 27 April 2004 - 29 April 2004

Time: 10:00 - 16:00

Venue: Olympia London, UK
Olympia Exhibition Centre
Olympia Conference Centre
London
W14 8UX

Additional Information: Netstore provides comprehensive range proactive Internet security services enabling your business to be connected to the Internet without the nuisance of viruses, spam, hackers. Our Cortex Managed Security Service enables offices, mobile worker, suppliers and customers to operate securely through our high performance service. The business benefits from "staying in control" unlike traditional managed security services and involves zero capex. Cortex provides best of breed firewall, vpn, intrusion detection and content control within a unified service.

[carver66] 03/2/2004 11:54

Level 2 turning - could be in for another burst.......

[alchemy] 03/2/2004 07:59

Signed up 10k ... ok off we go

[polythene] 03/2/2004 07:58

Looking very positive for run up to results. Anyone got consensus figures? Director buy before closing was very encouraging.

[pacman88] 02/2/2004 21:54

DOn't know if this was posted here but stumbled onto this whilst looking for another company in the D&T Fast 500

Press Release
Date: 6th November 2003
Netstore moves up the ranks in the Deloitte & Touche Fast 50 Technology Awards
6th fastest growing technology company in London & South East Region
Netstore plc, the UK leading specialist Business Process Outsourcer, was today awarded sixth place in the Deloitte & Touche annual ranking of London and the South East's fastest growing technology companies after they demonstrated a 384% growth rate over the last three financial years.
Deloitte & Touche created the Technology Fast 50 to reach out to UK technology companies and champion innovation in the sector. The Technology Fast 50 programme seeks out those companies that have shown impressive growth rates in the telecommunications, hardware, software and biotechnology markets over the last three financial years. All companies considered for the award must be headquartered in the London & South East region, must be technology-intensive or use unique technology in problem solving, or must devote a high percentage of effort to research and development.
William Touche, Chairman of the Technology Fast 50 Programme, said, "The Fast 50 programme has always been a reliable indicator of whether British innovation is leading to more growth and wealth creation. These companies have demonstrated how to survive and thrive in today's market by helping their customers reduce their costs and improve their performance. We are delighted that our sponsors have joined us in encouraging fast-growing companies to showcase their businesses and to contribute to the next wave of innovation in the UK's technology sector," said William Touche.
Paul Barry-Walsh, Chairman & CEO of Netstore commented; "Netstore is delighted to improve our ranking from 14th place last year to 6th this year charting our continuous improvement. We have seen a year of record results with our turnover increasing by 114% to £14.2m and record levels of new business of £11.2m including Housing Corporation and the London Borough of Hackney. The keys to our success have been a corporate strategy focussing on larger organisation; a keen eye on cost reduction and a dedication to first class customer service."
-ends-
NOTES TO THE EDITOR
About the Deloitte & Touche Technology Fast 50 Programme
The programme consists of a series of regional programmes covering the East, London & South East, Midlands, South West & South Wales, the North and Scotland and Ireland. Each region will host an awards ceremony to honour the 50 fastest growing technology companies in their areas in October and November. Following the regional programmes, Deloitte & Touche will publish a national ranking of the UK's Technology Fast 50 companies.
Eligibility criteria for the Technology Fast 50
In business for a minimum of 3 years
Considered a technology company defined as:
producing technology
manufacturing technology-related products
technologically intensive or uses unique technology in problem-solving
devoting a high percentage of effort to research and development of technology
Parent company must be UK owned and headquartered in a participating region (subsidiaries do not qualify)
Turnover must be over Euro 50,000 in 2000
The Technology Fast 50 programme was originally started in San Jose, the centre of Silicon Valley, California in 1995 and has expanded across the globe in the last six years. Both the regional Technology Fast 50 and the national Technology Fast 500 were created to recognise the outstanding contribution of fast growing technology companies to the US economy.
For further information, visit
About Netstore
Founded in 1996, Netstore is the UK's leading specialist Business Process Outsourcer.
Netstore sells direct to organisations in the public and industry sectors. Customers include Northern Rock, BT, Housing Corporation, Companies House, Liverpool City Council; London Boroughs of Hackney, Camden, Islington and Hammersmith and Fulham; the Royal Borough of Kingston, Scottish Equitable and Cisco Systems.
Netstore enables organisations Performance and Control of their information systems through the managed delivery of business critical applications as a service. These enterprise strength services encompass financial solutions, e-procurement, business intelligence, enterprise-wide messaging, wireless, storage solutions, disaster recovery and managed security services - all underpinned by strategic consultancy.
Netstore is headquartered in Bracknell, UK, with operations in London, Gateshead and Cambridge. Netstore is one of only 67 organisations in the UK to have achieved BS7799 certification, demonstrating compliance with the British Standard for Information Security Management. Netstore is quoted on the London Stock Exchange (NES).
For more information about Netstore, please visit: www.netstore.net
For further information please contact:
Sarah Rowlands
Netstore plc
Tel: [phone]
Fax: [phone]
sarah.rowlands@netstore.

[alchemy] 02/2/2004 21:45

11 bullish one bearish on Stock Anal

[divina] 02/2/2004 17:09

usually a good sign when director buys before close period Results out 17th feb

[widemouthfrog] 02/2/2004 15:53

buying in advance of q2 results - approx 2 weeks?
or interest generated by netstore "users showcase", durham, 30th jan?

[the jitters] 30/1/2004 00:29

Nice spot pacman.........I think we should now start to see a bit of upward movement! I cant wait ;-)

Phil

[pacman88] 29/1/2004 08:14

RNS Number:7520U
NetStore PLC
29 January 2004




FOR IMMEDIATE RELEASE 29 January 2004



NETSTORE plc

Netstore plc, a leading provider of managed IT solutions, will be announcing
interim results for the six months ended 31 December 2003 on Tuesday, 17
February 2004.

For further information please contact:

Charles Ryland / Catherine Miles Tel: [phone]
Buchanan Communications Ltd




This information is provided by RNS
The company news service from the London Stock Exchange

[widemouthfrog] 28/1/2004 14:48

today's tick more of a flea than a flyee, but mustn't grumble!

[polythene] 28/1/2004 14:32

What was that you said Petey?

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!

[petey barnes] 27/1/2004 11:35

there is summat i feal i musht share wiv u gize, which is.....

THIS WUNS GUNNA FLYEEEEEEEEEE.........!!!!!!!!!!