Atlantic Lithium Share Discussion Threads

[robward] 28/11/2009 16:00

Hi All
I'm sure you all noticed the trading update within the Placing document..

Current trading

The Directors believe that the Company continues to make significant progress despite the current economic climate. Allocate continues to expand its addressable markets both within the UK and overseas. In addition, the Company's recent announcement (on 17 November 2009) of a strategic partnership with NHS Professionals to deliver long-term fully integrated workforce management services to NHS organisations reinforces Allocate's position within the e-Rostering market for Healthcare in the UK. As a result, the Directors are confident that the Company's performance for the full year will be in line with their expectations.

Of course, Allocate usually provide a quarterly update on Contract Wins, this is due early December. I look forward to further solid progress.

Regards

Rob

P.s because of the raising tax charge its difficult to get an accurate eps forecast but the underlying business is growing strongly which is of most importance.

[andy] 27/11/2009 10:35

New areticle by Proactiveinvestors.com!

[the shuffle man] 27/11/2009 09:15

Looking good I understand Numis have increased their price target to 84p from 74p.

[odvod] 27/11/2009 07:33

good move. long term value. not disgracefull dicount.

[jakleeds] 27/11/2009 07:24

Acquisition looks rather exciting!!




The Acquisition is currently expected by the Directors to be significantly earnings enhancing in the first full financial year of ownership by Allocate.


"Our business strategy for the healthcare sector is to be the leading supplier of workforce optimisation solutions in Europe. The acquisition of Time Care gives us a solid position in the Nordic region.
Furthermore, the self-rostering application from Time Care is seen as a key addition to our existing workforce optimisation portfolio.

"We are delighted with the support that we have received for the Placing and Acquisition from both our existing shareholders and from new investors, which resulted in the Placing being substantially oversubscribed."

Leendert Venema, CEO of Time Care, said:
"The strategic fit between Allocate and Time Care is excellent for both customers and staff. The enlarged group is now one of the leading providers of workforce management software for the healthcare sector in Europe.
Healthcare is rapidly emerging as one of the most exciting areas of the workforce management software market and the enlarged group is well positioned to exploit this opportunity. We look forward to contributing to
Allocate's continued strong growth."

[jakleeds] 19/11/2009 22:35

Hi Rob.

Both broker forecasts (Numis and Edison) have been embargoed, on the 16th and 17th November respectively.

Watch this space


Regards

[gregmorg] 19/11/2009 11:00

There is caution and "caution". It strikes me that this is a very small market cap company with a limited following as a result. For most institutional funds it is below their criteria.

The only profit forecast is from the "shop" and even that shows expectations of a minimal increase on last year. That caution possibly tells one that the visibility is not there. That is what the broker forcast tells me. If this is so then then the company's rating will remain low to reflect that. High PE valuations mostly apply to acknowledged growth companies and one can easily see the envisaged profits growth within the forecasts. Maybe this one grows and its following increases but only time will tell. As a shareholder from the very beginning of life as a plc it would be pleasant, after many tribulations early on, to see greater recognition of what looks like a potentially very interesting company. Trouble is so many small ones stumble or get taken out after only partial recognition.

[robward] 18/11/2009 23:31

Hi Jak
It would be unusual for a broker upgrade so early in the Financial Year. The Board are always very cautious and even if the Interim Results were impressive, you can rest assured the usual "the Directors are confident that the company's performance for the full year will be in line with their expectations" will be trotted out !. Allocate are a super company which you can pop in the pension and sleep easy.

Of course, I am happy to be proven wrong.

Regards

Rob

[jakleeds] 18/11/2009 23:19

Probably a broker upgrade, time will tell

[bostonborn] 18/11/2009 18:04

Delayed reaction to the good news?
Thus probably not many watching this share.
Not many shares traded today either.
Any press mentions?

[jakleeds] 18/11/2009 13:06

That's better finally beginning to move.

[bostonborn] 17/11/2009 18:24

Good news today but suprisingly the share price doesn't budge today. That's life I suppose!

[jakleeds] 17/11/2009 09:32

More good news:

[jakleeds] 05/11/2009 23:05

Thanks King_roster_III.

[king_roster_iii] 05/11/2009 17:54

Just come back from the annual conference thrown by NHS Employers. Allocate demonstrated their new expenses module there. There was a lot of buzz around their stand. Just as the NHS is begining to tighten their belts allocate seem to be developing just the right software to continue helping Trusts save costs.

[jakleeds] 30/10/2009 15:22

"The partnership between ourselves and Allocate Software to complete their e-Expenses solution is a significant initiative. The company already provide e-Rostering and Bank management solutions within our region and so the e-Expenses initiative is an obvious next step building on the platform already in place. Particularly significant will be leveraging the existing ESR interfaces to ensure accurate payment and reduction in both paperwork and administration"

David Pickworth, Payroll Project Manager, Kent and Medway NHS Payroll Services

[jakleeds] 30/10/2009 15:19

Allocate Software launches new e-Expenses module

29 Oct 2009

Allocate Software plc (AIM:ALL), the leading supplier of NHS e-Rostering and Bank Staff management solutions in the UK Healthcare market, is pleased to announce the launch of its new e-Expenses module.

The e-Expenses is a new addition to the MAPS Health Suite will reduce the administration involved in entering, approving and processing claims, whilst delivering more accurate payment of expenses.

The module, to be officially launched at the upcoming Leading workforce thinking, NHS Employers' annual conference and exhibition 2009, has been developed in partnership with our NHS customers, to deliver efficiency savings and a better service for staff by eliminating the tedious, manual processes involved in expense claims.

We understand the complexity of specific payment rules and the variations that occur between the Trusts. We have been working in partnership with existing customers, including Kent and Medway NHS and Social Care Partnership Trust, Surrey and Borders Partnership NHS Trust and Barts and The London NHS Trust, to ensure this e-Expenses module is robust yet flexible.

David Pickworth, Payroll Project Manager, Kent and Medway NHS Payroll Services, who worked with Allocate Software on the development comments: "The partnership between ourselves and Allocate Software to complete their e-Expenses solution is a significant initiative. The company already provide e-Rostering and Bank management solutions within our region and so the e-Expenses initiative is an obvious next step building on the platform already in place. Particularly significant will be leveraging the existing ESR interfaces to ensure accurate payment and reduction in both paperwork and administration."

Unlike other e-expense solutions, which tailor a generic system for the NHS, e-Expenses is built from the ground up to solve just the NHS expenses problem. The new module streamlines and automates the process, enabling staff to quickly create and submit their expense claims, which are sent directly to managers and payroll for approval and payment. This means that all the complexity of NHS expense claims is supported, without any confusing functionality that is not relevant to the NHS.

For more information on the solution please click here or email [e-mail]

[jakleeds] 30/10/2009 15:16

Some largeish trades and a rising price.

Hmmm

[jakleeds] 23/10/2009 18:50

Allocate Software launches new temporary staff management system - BSMS Trinity

21 October 2009

Allocate Software plc (AIM:ALL), the leading supplier of NHS e-Rostering and Bank Staff management solutions in the UK Healthcare market, is pleased to announce the launch of its new temporary staffing solution, BSMS Trinity, which combines the best of its three existing temporary staffing solutions, MAPS Bank, BSMS and StaffBank.

Following the acquisitions of Baum Hart & Partners and Key IT Systems Ltd in 2008, Allocate Software has invested significantly in the development of its next generation bank staff management solution. By combining the best of its three bank / temporary staffing products Allocate Software has developed a best of breed solution for bank staff management in NHS Trusts, BSMS Trinity.

BSMS Trinity delivers an innovative high-performance, simple to use one screen one click, interoperable solution to ESR (electronic staff records) and other systems, by automating the planning of bank and agency staff. The solution improves the continuity of care, ease of reporting, saves time, and reduces errors while promoting regulatory compliance and enhancing financial returns.

Steve Dyos, Resourcing Manager, Temporary Staffing Services, Guy's & St Thomas' NHS Foundation Trust who worked alongside Allocate Software with the development of the solution commented: "I am extremely impressed with the look of the new BSMS solution; the layout seems to be simpler, giving easy access to additional information. It was good to hear that the new BSMS solution will have a wide variety of management information reports which are more detailed and tailored around temporary staffing usage."

The second generation product is available as a standalone application or as a fully integrated solution with MAPS Healthroster, the most commonly used e-Rostering solution in the NHS.

Following its release, Allocate announces that Central and North West London NHS Foundation Trust, is the first to purchase the new BSMS Trinity solution.

In addition, The Isle of Wight NHS Trust (currently using MAPS Bank) plus Basingstoke and North Hampshire NHS Trust (currently using Staffbank) have signed up to migrate to BSMS Trinity.

Commenting on the announcement, Ian Bowles, Chief Executive Officer of Allocate Software said: "We are delighted to launch our next generation Bank Staff Management Solution, BSMS Trinity. By combining the key strengths of all three of our leading Bank Staff Management products we have a unique, functionally rich offering for all Healthcare facilities. We are very pleased with the positive feedback from customers on the new look and feel of the new BSMS solution in addition to the enhanced reporting features."

[robward] 17/10/2009 09:45

Hi Boston
Just read the article, nothing in there that we dont already know. Fantastic business...

Rob

[bostonborn] 16/10/2009 20:11

Rated as a buy in yesterdays Shares Mag, in an article which picked 10 small cap shares for growth; (I think it was for growth, as I only glanced the mag in W H Smiths and didn't buy it). Anyone have the full article for posting?

[jakleeds] 15/10/2009 21:48

Edison research note published earlier this month, all very positive really.

Allocate's MAPS software platform for workforce optimisation offers rapid payback for customers in its target healthcare, military and maritime markets. The upside is reflected in management's target of c 20% annual growth. The shares currently trade on a forecast P/E of 13x, based on 25% taxed normalised profits, but we believe there is scope for upside in earnings through further licence wins and acquisitions.

[eagle eye] 15/10/2009 19:45

King Roster III,
Thank you for your informative post.
Eagle Eye

[essentialinvestor] 14/10/2009 22:23

Can they replicate the UK (Health) software success outside of the UK.
If they can, then ALL becomes very interesting.