Xchanging Share Discussion Threads

[hvs] 18/10/2011 09:47

LTHM and CAR

[lennonsalive] 17/10/2011 13:41

Lots of sellers in the order book.

HVS, any stocks you do like?

[hvs] 14/10/2011 13:22

They is all "CONSULTANTS" arent they ???

Who cares about THE DEBT when they is all "CONSULTING" ??

Whats the link with CATISA S.A. anyone know ????

[druinsky] 14/10/2011 13:19

debts too high>?

[hvs] 14/10/2011 13:18

Like I said 50p here we come.

[m.t.glass] 14/10/2011 13:02

MMs taking the price down quite firmly in the past 20 minutes

[hvs] 12/10/2011 16:33

Under 50p soon.

Will CATISA S.A save us ?????

[hvs] 11/10/2011 13:12

Carp going down all aboard now.

[hvs] 07/10/2011 12:57

Dont forget MktCap still £ 177m plus add the debt.

Them "consultants" have done a very good JOB here. Bonuses all round please.

[hvs] 03/10/2011 08:47

Someone please pull the FLUSH it STINKS.

[spadger65] 29/9/2011 14:43

This chart looks dire....

[gohunk] 02/8/2011 14:31

Not quite the share price movement i was hoping for lol.

[hvs] 02/8/2011 08:52

Stay well clear

U deserve it.

[imabastard] 01/8/2011 09:01

L'Oreal .... nice contract .... :o)

[hvs] 23/7/2011 10:48

lol !!!!

Which University do you hail from ?

Could it be the University of Dreams ?

This company has shown itself to be a total disaster. Just having large numbers of cheap Indian labour does not translate into profits.

[el professor] 17/7/2011 13:00

HVS not sure I agree with your views on Xchanging.
It has been a dreadful past three years for the company with the period Aug 10 - Mar 11 being the nadir. Nevertheless following the clear out back in February when the founder/ CEO David Andrews resigned, the £120M of goodwill relating to Cambridge was written off, the dividend suspended and the resulting halving of the share price, things have started to look better. I grant you that a lot of the excellent performance of the share in the past 5 months has been a result of the sell off having been overdone but it does not change the the fact that at the current share price of c£1.00 Xchanging is cheap. I agree that the acquisition of Cambridge back in 2007 was a disaster and value destroying for Xchanging however on the plus side it has given the company a significantly larger Indian presence than they previously had and importantly has allowed them to diversify their Indian presence away from Gurgaon which being a Delhi suburb is expensive. The operation that they acquired in Mumbai was valuable not for the geography but for the strong IT team whereas the Shimoga operation was pure BPO but valuable for the fact that they acquired a team of 500 in a tier three city (i.e. very cheap). Xchanging are capitalising on that with the opening of a 2000 seat processing centre in Shimoga which will make them significantly cheaper than most other BPO companies and equally importantly should see them with reduced staff turnover, as they will the employer of choice in a university city that many local Indians want to stay in rather than move away from. Ken Lever has to date not out a foot wrong, in particular with the stripping out of a level of senior management that was put in a for a quick growth to being a FTSE 100 company that never materialised, the shutting of the West End head office and the sale of the loss making US Insurance business. His confirmation last month as CEO is to be welcomed. He has almost certainly brought out all the dead and then some back in February so I would expect the mid year results on 01 Aug to be significantly ahead of consensus. My take is that we will see c£.120 post half year results with a gradual increase in the share price throughout the autumn up to c£1.50 post full year results. A takeover is still a reasonably strong possibility in which case we will see a price of somewhere £1.80 to £2.20.