Tikit Share Discussion Threads

[byrdsong] 13/9/2007 09:23

Thank goodness they didn't report bad results! Although I suppose they might have gone up! Waiting to pick up a bargain.

[orange1] 11/9/2007 07:57

Onwards and upwards: 'Record Results'

Read all about it here:

[orange1] 10/7/2007 22:28

SALANS SELECTS TIKIT FRANCE FOR WORKSITE IMPLEMENTATION

France's leading law firm selects legal IT specialist for international document management (DM) implementation

Tikit (www.tikit.com), the legal IT specialist, today announces that it has been chosen by Salans, one of France's leading law firms, to undertake an international roll out of Interwoven's WorkSite DM package. Under the deal Tikit France will roll out WorkSite to more than 1300 users in 18 countries as part of a larger IT project launched by Salans in 2006. The deal is the largest ever signed by Tikit's French office and builds upon the company's established international reputation as the industry leader in legal DM implementations.

The project was won following an initial proof of concept in February and March this year and sees the WorkSite system replacing Salans' existing Hummingbird DM implementation. The project is part of Salans global Macro IT project which is fundamentally rebuilding the desktop for their lawyers giving them a single interface into a broad range of applications. Tikit will be managing the implementation of the Interwoven system as well as providing business consultancy around its configuration and integration.

Gorka Catania, Commercial Director, Tikit France, said: "Salans is one of France's largest law firms and so to be chosen to undertake their DM implementation is a real validation of our offering. This is the largest deal that we've signed in France and demonstrates how our offering is really gaining pace in the territory."

Marcel Henri, Global IT Director, Salans, said: "The Macro project demonstrates our firm's continuous investment in up-to-date technology as part of its service delivery to both clients and the 600 lawyers in our expanding network.

In this context, our 'one firm, one approach' model is being strengthened by the new system with seamless access to documentation from any office in the world. This is a particularly important factor because 20% of our turnover comes from work 'exported' across offices.

We chose to work with Tikit because they are recognised leaders in the legal IT field and we have already had the opportunity to verify their value add on other key projects such as CRM."

[orange1] 05/7/2007 11:12

To which, I might add: yet others see the company as a potential takeover candidate.

[orange1] 05/7/2007 11:10

House brokers Charles Stanley revealed this morning that they have retained a short term price target of 345 pence on Tikit but were calling the shares a buy previously a weak buy)as a result of increased visibility over its full year forecasts.

CS added that the relative weakness in Tikit's share price over the
past month is also a factor in its upgrade, adding that it sees potential for
significant upside over the next 12 months.

[orange1] 05/7/2007 07:31

Pre-Close Trading Update announced today and is headed:

"Continued momentum"

The update reads as follows:

Tikit Group plc, the leading provider of consultancy, services and software
solutions to 90 of the top 100 UK law firms and over 250 accounting practices,
today reports on trading for the six months ended 30 June 2007 prior to entering
its close period and ahead of interim results to be announced on 11 September
2007.

The company is pleased to report that the performance in the first half will
produce results in line with Directors' expectations. Good organic growth in
revenues combined with our continued focus on improving margins has resulted in
the planned profit growth over the same period in 2006.

Highlights during the period include:

* Successful launch and initial sales of Tikit-developed software that sits
with Microsoft Word Template Management System. This enables professional
services firms to manage system integration and their brand identity more
efficiently.

* Successful launch and initial sales of Tikit-developed workflow modules
specifically designed to reduce law firms' risk during client and matter
inception procedures.

* Encouraging progress of Tikit's wholly-owned French subsidiary LecSoft,
(now re- branded as Tikit France), with another large sale of Interwoven
Document Management to a 1300 user International law firm, headquartered in
Paris, with offices in 25 countries.

* In June, the Company announced two strategic partnership deals. The first
is with Thomson Elite, a worldwide provider of financial management systems
for professional services firms and the other with US firm DocAuto, a
supplier of leading applications that enhance Interwoven WorkSite.

David Lumsden, Chief Executive of Tikit, commented, "Performance during this
first six months of the year has been satisfactory and in line with the Board's
expectations. As we enter the second half, the Group continues to experience
good levels of business activity. I look forward to updating shareholders on
progress in the second half of the year when we announce our interim results in
September''.

Steady as she goes then.

[orange1] 26/5/2007 21:28

Tikit win CRM Supplier of the Year at the Legal Marketing Awards 2007

The Tikit CRM Group were chosen as CRM Supplier of the Year last night at the annual Legal Marketing Awards gala dinner.

The awards - which took place at the Park Lane Hotel, London - are dedicated to recognising the best marketing, public relations and business development initiatives within law firms and their respective suppliers.

This award cements Tikit's position as the leading provider of CRM solutions, underlining our commitment to and understanding of CRM within the legal market.

-
And this is a summary of Tikit's CRM business in the last year:

Our Client Relationship Management (CRM) team undertook assignments at over
sixty clients during 2006 with major projects at Simmons and Simmons and SJ
Berwin in the UK and De Brauw in Holland. This team has also had significant
success in the accountancy arena, completing a major project at Grant Thornton,
utilising both Tikit's own eMarketing Solution and LexisNexis' InterAction
software. Our CRM system is deployed across Grant Thornton's 32 UK offices,
totalling some 1,600 users. In addition, Tikit undertook extensions to the CRM
systems installed at Ernst & Young offices, both in the UK and Australia.

[orange1] 23/5/2007 15:44

Approx. 10% of the company changing hands today.

[beaufort1] 18/5/2007 16:47

Yep Capa I think we've seen the last of £3 for the time being.

[capa] 18/5/2007 13:42

Thanks Beaufort1

Probably won't see my sub £3.00 adding price now :-(

capa

[beaufort1] 18/5/2007 13:35

Tipped in IC today I see.

[beaufort1] 18/5/2007 10:14

Well this is a very quiet thread for such a great company. Let's face it, the City law firms have so much money that they don't know what to do with it. They have to invest in state of the art IT systems software. Tikit is sitting in that very sweet "sweet spot". It can't lose.

NB upbeat statement in early May. Another update due late June.
Time to buy some more methinks.
Ted

[capa] 13/4/2007 15:32

Bit of an overreaction to Lumsden selling 3,500 shares

I am looking to add at anything under £3.00

capa

[capa] 30/3/2007 10:34

Another Good Friday, very seasonal :-)

capa

[davidwilkin] 23/3/2007 20:32

Must of been a tip around 12 o clock lots of buys all at once & fairly smallish. anyone know where that came from ?.

[capa] 23/3/2007 16:34

Strong ending .... very nice indeed

capa

[cockneyrebel] 23/3/2007 16:20

nice day today :-)

CR

[capa] 23/3/2007 12:39

Looking good today, perhaps no post results sell off after all.

capa

[cockneyrebel] 22/3/2007 14:37

Excellent results imo, a very nice divi boost too.

Highlight:

"Summary and prospects

In summary, 2006 was an excellent year for the Group. We enter 2007 with a good order book of projects to be implemented, reflecting a blend of consultancy, support and software business sold in the last quarter. The targets we have set ourselves for 2007 and 2008 are challenging and, if met, will lead to further significant improvements in the trading performance of the Group and to earnings per share. Tikit's opportunities are many and your Board continues to be optimistic about the trading prospects of the Group."

CR

[capa] 22/3/2007 09:59

I think the results are good. EPS came in ahead of my expectations, good positive statement going forward and as you say adoption of progressive dividend policy.

Highly cash generative this company with good growth, indicates more upside than downside in my opinion.

capa

[orange1] 22/3/2007 09:52

Strong results slightly ahead of expectations. Dividend up 60%. Presentation to analysts later today is foreshadowed in the final results statement. Well worth a read.

[davidwilkin] 22/3/2007 07:28

Good dividend increase, but im not sure whether these results are good enough
to make the price go higher - a small pullback me thinks.

[beaufort1] 21/3/2007 10:41

Up strongly - good sign with results tomorrow.

[cockneyrebel] 21/3/2007 10:14

Looking good today - reckon a decent buy order moved it 4p early doors tho yet to show.

CR