Statpro Share Discussion Threads

[ceohunter] 09/12/2010 11:52

StatPro's Proactive Investors One2One Presentation in London on the 8th December 2010:

[kimball808] 02/12/2010 21:47

Where's the RNS, sounds like a lot of new revenue generated by these.

[pentangle] 02/12/2010 21:02

Maybe it is wishful thinking, but I would read these as new contracts. The first para refers to 'the new contracts', nothing about renewals. Then the second para starts with 'These contracts have been signed with...'

I don't think they would bother to tell us about renewals as they have a 90% plus renewal rate. I would not rule out contracts with an extended product range with existing customers though. Shows a lot of confidence in producing a customer list like this as I would imagine its good competitor intel. However, if they have signed them all up for multi year contracts then I guess its academic.

[kimball808] 02/12/2010 19:54

so would you say a combination of new and renewals of existing contracts? I wonder by the wording that these are all new contracts...

[pentangle] 02/12/2010 19:32

Pretty good to me. I have never heard of 'several' running to about 20 before!

If the are snowed in they can get blogging.......

[kimball808] 02/12/2010 18:39

how does this sound...



Maybe the execs are snowed in...;-)

[pentangle] 01/12/2010 22:03

I guess there is not much to move the shares, except possibly a continuation of the gentle drift down, until the trading update probably third week of January.

Nothing new of particular interest on their website. I really think Statpro should reconsider their web site blogs. The Statpro blog (Read here what StatPro executives have to say about hot industry topics) has just one posting in the last six months which seems to suggest that Statpro executives really do not have much to say. Even the usually eloquent Justin Wheatley has managed only one article on his blog in four months. Hardly Twitter is it?

[ceohunter] 26/11/2010 13:52

The directors of StatPro (AIM: SOG), Deltex Medical Group (AIM: DEMG), Starpharma (ASX: SPL) and ReNeuron (AIM: RENE) will be presenting on Wednesday the 8th December 2010 at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB.

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

CLICK HERE TO REGISTER YOUR ATTENDANCE:

[pentangle] 19/10/2010 08:45

Trading statement out - steady as she goes:

Highlights

· Trading in Q3 in line with management's expectations

· Continued strong progress with key product offerings:

o Signing of new clients onto StatPro Seven

o StatPro Revolution selected by major global custodian bank

Trading in the three months to September 2010 was in line with management's expectations and the Board remains confident of a successful outcome for the year as a whole.

[pentangle] 11/10/2010 10:25

More good news. Statpro seem to be unusually proactive in announcing new contracts this month:

StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, is pleased to announce that the South African custodian division of Nedbank has committed to the new StatPro Seven analytics platform.

Nedbank, the fourth largest bank in South Africa, has signed for StatPro Seven Performance, Attribution, Fixed Income, Compliance and Analytics Reporting modules plus Index Data services.

[pentangle] 07/10/2010 16:41

It was a cross. Another 700k has now gone through at the same price.

[pentangle] 07/10/2010 16:28

That was a big trade just went through - 700,000 at 128.4. Wonder what that was all about

[kimball808] 07/10/2010 08:10

buys coming in...:-)

[pentangle] 04/10/2010 08:07

Nice announcement this morning which suggests Revolution is hitting the spot. I think we should be getting a quarterly trading update in the next 2/3 weeks. Wonder how much this contract with the anonymous cusodian bank is worth. For anyone who has not seen it here is the substance of the announcement:

StatPro Group plc (AIM:SOG), the AIM listed provider of portfolio analysis and asset pricing services for the global asset management industry, is pleased to announce that following a successful feasibility study, a Global Custodian Bank has now contracted to integrate its client data with StatPro Revolution. The Custodian aims to offer all its clients easy access to the most sophisticated portfolio analysis and reporting using Revolution.

Launched as a public beta version in July 2010, StatPro Revolution is an online portfolio analytics service offering performance, attribution and risk for portfolio managers all around the world, but at a fraction of the price such services used to cost. The technology of StatPro Revolution means that integration with the Custodian Bank can happen in a matter of months and be available to all the Custodian's clients from the New Year thus giving them a significant commercial advantage over the competitors.

Simultaneously, Phase II of the Public Beta of StatPro Revolution has been launched today as scheduled.

[kimball808] 04/8/2010 20:35

Cenkos rate Buy with TP 153

[geovest] 04/8/2010 11:47

Reasonable results. Decent revenue growth despite negative currency movement, but profit growth slightly disappointing, although this is as a result of investment (additional staff) in sales channels, so we could expect payback second half and beyond. Fantastic cashflow.

Outlook statement slightly more positive than recent trading update. Revolution potential still to be factored in.

Any weakness in the share price now is a good opportunity to top up.

[courant] 04/8/2010 10:56

Yes, bizarre, I thought these were solid results and in line with what I had expected. I'm not sure the reason for the sell off and see anything around the 100p mark as a good buying opportunity. As I see it, Statpro has done what it's always done, increased revenues, increased adjusted earnings (last year including a big exceptional gain), increased cash flow, and has invested further in Revolution to boot, which should see gains going forward.

[kimball808] 04/8/2010 10:15

Oversold??? OK its not the ground breaking results that some companies have been producing of late, but revenue is up (not down) albeit by 7% (2009 19%) and Operating profit margin is 23.6% (2009 21%, 2008 13%). We are also 51.5% up on full year expected PBT. So not as if we are behind expectations...the next 6 months will tell...holding in a SIPP so happy for the long term.. views appreciated...

[pentangle] 27/7/2010 15:33

Agree completely as a holder since 2005. Amazingly they first hit £1 towards the end of 2006 with a high of 112.5 - the company has achieved so much since then with scant recognition in the share price. Having said that its been having a nice run this week which hopefully will continue.

[courant] 27/7/2010 07:53

Yes, absolutely, but I think you can make a strong investment case for Statpro without any contribution from Revolution. As I see it, any potential upside from Revolution is not reflected in the price.

[pentangle] 27/7/2010 07:09

smarm - I aincerely hope, and based on what I know about this business, expect that Statpro have done their homework before investing £2m in this product. I was merely giving a layman's impression of Statpro Revolution and commenting that I was not familiar with the competition of which there is plenty.

Personally I have very high hopes for it, and that is why SOG is my biggest holding. However, do not think that widespread acceptance is a given, otherwise this share would be £2 and climbing right now. There will be existing products to dislodge and we are talking about a departure from what they have been producing up to now - this is a lot more than tweaking Statpro Seven which has an existing established market and clients. We will not know for sure until the orders start clocking up and the forecasts get marked up as a result.