Thirdforce Share Discussion Threads

[hypocrite] 06/5/2005 06:42

Separately, AV Edge was acquired last year for €600,000,
a company that specialises in the production and delivery of
educational content for digital and broadcast platforms. This –
paid for mainly by issuing shares at 35 cent each – has given the
group another leg.
Thus, Third Force is now extending its business by developing a
life-skills division, which is marketed through AV Edge and is
targeted at selling courseware in adult literacy and numeracy training.
There is considerable demand for such courses in the developing world
also, where there is huge potential as computers become increasingly cheap.

[hypocrite] 06/5/2005 06:40

Sales are beginning to grow to such an extent that O'Sullivan
has decided to make online assessment a separate product
division inside Third Force, with a separate management team to
drive this part of the business forward.

[hypocrite] 06/5/2005 06:34

Sales here as yet are only just topping €1m, but O'Sullivan can
develop these markets and, more importantly, build on the
deal he has done with the Chinese government and start
rolling out Third Force's products in mainland China.
Although the ECDL courseware was the baseproduct for driving
Third Force's business, its development of online-assessment
courseware to test individual computer literacy skills is now being
adopted almost across the board by British schools.

[hypocrite] 06/5/2005 06:33

Separately, the British government is financing the
development of adult computerliteracy through its Learn Direct
network of over 2,000 centres across Britain, and Third Force
was the chosen company to roll out its online assessment
product, Autotest. The adoption of Third Force's Autotest
courseware products by the British army and RAF also helped
fuel the group's business in Britain. Last year, sales there
topped €9m. Third Force is now the most successful supplier of
e-learning courseware and testing software for the ECDL programme
worldwide. ECDL is now the world's biggest end user
computer-skill certification programme, with 15 million
individual tests so far completed – a near 50% growth in one year.
O'Sullivan intends to use his Apple European experience to
push Third Force out internationally. He has already
translated the group's Autotest product into Arabic, Spanish and
Chinese. Autotest is starting to be used in Egypt, Kuwait, Jordan
and the United Arab Emirates.

[hypocrite] 06/5/2005 06:30

This growth was fuelled by adding new courseware products
and channels of distribution for the group's individual e-learning
business. While Pat McDonagh is the chairman and inspiration
behind Third Force, the company is run by the ceo, Brendan
O'Sullivan, formerly of Apple's European education business,
which was based in Paris. O'Sullivan, too, is mainly
incentivised by eight million share options. Pat McDonagh holds 41
million shares.
Last year, O'Sullivan developed a partnership with the
educational arm of the giant Reed Elsevier publishing house.
The key strategic relationship with Harcourt Education
International has produced new e-learning material
based on their popular and widely-used book
content. This collaboration has resulted in curriculum software
products for the British schools market, and this began to grow
seriously in Britain last year.

[hypocrite] 06/5/2005 06:27

Last year was effectively Third Force's first clear
run as a pure elearning courseware and testing-provider
company, selling its courseware from established offices in
Dublin and London. It also began to break ground internationally
with new offices in Canada and Australia.
On a normalised like-for-like basis, Third Force managed to
increase sales last year by an annualised 55% to €12m for the
year to December 2004. Much more importantly, normalised
operating profit for the whole of 2003 came to €349,000 but
almost doubled in the first half of last year to €623,000. It almost
doubled again in the second half of last year to €1.1m.

[psps] 05/5/2005 09:08

yah but today is 5 may
so how can anyone tip it on 6 may
and who are Phoenix ?

[hypocrite] 05/5/2005 07:46

Thirdforce strongly tipped in Phoenix 6th May!!!
Caveat Emptor!!!

[psps] 13/4/2005 20:42

RNS Number:9235K
Thirdforce PLC
12 April 2005





ThirdForce PLC (ThirdForce)




ThirdForce is pleased to announce that it will be moving its Irish Stock
Exchange quotation from the Developing Companies Market (DCM) to the new
Irish Enterprise Exchange (IEX).


The IEX is a new market formed by the Irish Stock Exchange for small to
mid-sized companies

[hypocrite] 21/3/2005 09:05

Completely illiquid share

[hypocrite] 20/3/2005 21:11

results in 3/4 weeks....company profile in Trib today....business
is booming!!!

[hypocrite] 16/3/2005 08:01

If you knew the history of the Irish Stock Exchange.....

[psps] 19/2/2005 16:41

one day this will do a PBE

[psps] 08/2/2005 14:13

looks like no one and i mean no one (including Directors & employess) of THF know about this company as there have been NO trades for a long time

[bainsey] 27/1/2005 22:31

thinkin of selling 79,000 shares? any views?

[psps] 20/1/2005 11:58

someone just bought a huge chunck of 109 shares
and this should get the shares moving

[psps] 10/1/2005 13:47

deserted or what ?

[tradx666] 30/12/2004 15:49

Hypocrite,

you still in this?

regards

T..

[psps] 03/12/2004 19:32

cheers and have a nice weekend as well
the news is a bit old its in Aug 2004 when the results were released
but here is snippit


ThirdForce interim results for Jan - June 2004
ThirdForce (AIM : THF), the global e-learning courseware and testing leader based in Dublin, announces Interim results for the period ended 30 June 2004. Salient features include:

Revenues of €5.862 million - up 114% from the corresponding prior year period
Significant rise in Operating Profit before goodwill and non-recurring items to €623K
Significant advance in earnings per share
Highly satisfactory cashflow
Successful integration of strategic acquisitions - Electric Paper and AV Edge
Most successful supplier of courseware and testing software to the European Computer Driving Licence (ECDL) program worldwide
Strong track record continues with UK Government University for Industry
Strategic contract wins in China and Middle East
Successful roll out of automated testing to Learndirect's network of 2000 UK Centres
Pioneering collaboration with Harcourt Education targets UK schools
Brendan O'Sullivan, Chief Executive Officer, ThirdForce plc, commented;

"I am delighted to present a set of results which clearly endorse our position as a global leader in the fast growing e-learning market. We believe that the key to our success is the development of distinctive content that combines engaging multimedia with proven instructional design. A key growth driver going forward will be the continuing formation of strategic partnerships that leverage this advanced content and delivers expansion opportunities. With this impetus, our mission is to build a global e-learning company and the Board anticipates continued growth in the business for the second half of 2004 and beyond."

[wal footrot] 03/12/2004 19:31

psps,

thank you vey much.

I will attempt to get speakers fixed asap.

have a good weekend